Search found 6176 matches

by bertilak
Sun Jan 13, 2019 5:07 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1024
Views: 109509

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

Any comments about A series of Unfortunate Events ? I saw the first episode of season 1 the other night. Looked promising, I do love the name Lemony Snicket. My wife was very sick last week and binge-watched the entire thing (3 seasons I think) in like 5 days. Definitely not my cup of tea, I was bo...
by bertilak
Sun Jan 13, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 60
Views: 3209

Re: Any thoughts on the role of Gold in your portfolio?

Personally, I view gold as a speculative play. It has no earnings and I do not invest in anything which would have no hope of earnings. There are commodities traders who would disagree, of course. +1 There is a difference between investing and speculating, although there is a bit of each in the oth...
by bertilak
Sat Jan 12, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1024
Views: 109509

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

So many great shows on the Acorn app (British TV). There are also Australian shows, Welsh shows and even a Dutch show on Acorn. I use subtitles so I can understand their accents. Only $5 a month! No Offence, Heart Guy, Wire in the Bloos, A Place to Call Home, Keeping Faith, The Moodys, Lord and Mas...
by bertilak
Sat Jan 12, 2019 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 161
Views: 9939

Re: Biggest Investment Mistake

Not getting started soon enough.
by bertilak
Fri Jan 11, 2019 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset allocation for two different goals
Replies: 6
Views: 425

Re: Help with asset allocation for two different goals

I believe in Two Goals = Two AAs. If the investments are all in one institution, that institution will not separate things out for you so you will need to track them separately. Practically speaking, this is no big deal. (Not meeting your goals is a big deal, but tracking it is not.) You need to: Be...
by bertilak
Thu Jan 10, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1024
Views: 109509

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

Any comments about A series of Unfortunate Events?

I saw the first episode of season 1 the other night. Looked promising,

I do love the name Lemony Snicket.
by bertilak
Wed Jan 09, 2019 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Large cash position .. any point in bonds?
Replies: 10
Views: 1604

Re: Large cash position .. any point in bonds?

10.5% is in securities, 9.5% is in cash. What's the remaining 80%? Also might be some confusion on terms on my end… I understand securities to be any financial asset that can be easily traded. Not sure if you are talking about equities, bonds, or both? The remaining 80% is in real estate equity, ag...
by bertilak
Wed Jan 09, 2019 2:16 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4039
Views: 1100698

Re: What Movie Have You Recently Watched?

Bird Box. Stopped at the 42 minute mark. Sandra Bullock looked too much like Michael Jackson- it was really freaking me out. Couldn't focus of the movie. Too bad because it seemed pretty good. Does she really look like that? On purpose? You stopped watching a movie that you were enjoying because th...
by bertilak
Tue Jan 08, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: Nobody asked me but
Replies: 46
Views: 4575

Re: Nobody asked me but

- Found this clip of a bloomberg article that I can't trace back :confused http://i65.tinypic.com/161dwsg.jpg Cheers :greedy Perhaps I am misunderstanding the chart, but to me it says, of all the hedge funds looked at, 35.2% (= 224/636) beat the market and the rest (64.8%) failed to do so. That doe...
by bertilak
Mon Jan 07, 2019 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation in multiple accounts for retirees
Replies: 21
Views: 1360

Re: Asset allocation in multiple accounts for retirees

Likewise, your portfolio can be simultaneously sliced up in many ways: various kinds of assets, various kinds of accounts, various tax types, various spending types, various spending times, etc. How's about an analogy: A marble collector decides he want's his collection to be 60% red marbles and 40...
by bertilak
Mon Jan 07, 2019 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question
Replies: 1
Views: 180

Re: Rebalancing Question

Hi all I have a quick question on rebalancing. I understand the theory. I currently have a three fund portfolio two of them are distributing and one is accumulating. My question is do i take into account the money i have made on the two ETFS distributing into my rebalancing calculation..ie...add th...
by bertilak
Sun Jan 06, 2019 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation in multiple accounts for retirees
Replies: 21
Views: 1360

Re: Asset allocation in multiple accounts for retirees

Here is something I just posted in another thread: Two different, but interacting, things to consider: Asset Allocation . This should be considered as a single, combined, AA over all your investments, at least all that have the same goal. For example all that are intended for retirement (one AA) vs....
by bertilak
Sat Jan 05, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Recommend men's undershirts
Replies: 49
Views: 3423

Re: Recommend men's undershirts

I'm happy with Hanes Comfortsoft Tagless V-Neck.

When is the last time you tried Hanes? They have improved over the years. Perhaps other brands on your reject list have also been upgraded since your last use.
by bertilak
Sat Jan 05, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4203

Re: What do you think of this advice?

I'd rate it a "B" -- for Blather. :happy
by bertilak
Sat Jan 05, 2019 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio Question
Replies: 3
Views: 338

Re: 3 Fund Portfolio Question

Two different, but interacting, things to consider: Asset Allocation . This should be considered as a single, combined, AA over all your investments, at least all that have the same goal. For example all that are intended for retirement (one AA) vs. all for a child's education (perhaps another AA). ...
by bertilak
Fri Jan 04, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4203

Re: What do you think of this advice?

Overall though (given my current knowledge), my actions will just be to maintain AA and ignore market timing . This sentence sounds contradictory. If you plan to maintain your AA, you need to re-balance after a big drop (or huge gain). That is not market timing. That is re-balancing . Celia, I thin...
by bertilak
Fri Jan 04, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 7691

Re: Larry Swedroe: investing Uncomfortably

I don't understand factors. Really.

If one puts together the perfect "factor portfolio," that portfolio must exist as a subset of TSM. How big a subset is that? How poorly does the rest of TSM perform?
by bertilak
Thu Jan 03, 2019 8:25 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4203

Re: What do you think of this advice?

Name one rich person who says that he or she got rich with TA. William J. O'Neil. OK, he got rich selling other people on the idea. He has a VERY sophisticated, multi-faceted marketing system, to the point of creating his own newspaper (International Business Daily), publishing books, producing a s...
by bertilak
Thu Jan 03, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4203

Re: What do you think of this advice?

Name one rich person who says that he or she got rich with TA. William J. O'Neil. OK, he got rich selling other people on the idea. He has a VERY sophisticated, multi-faceted marketing system, to the point of creating his own newspaper (International Business Daily), publishing books, producing a s...
by bertilak
Thu Jan 03, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Minimum Investment Cuts Overdue"
Replies: 47
Views: 4249

Re: "Vanguard Minimum Investment Cuts Overdue"

Most on this forum aren't concerned with minimum investments. They're nearly always just too low to be a concern, I think it's at the point where one can say, if you can't meet the minimum investment you might as well put it in the bank until you can. How MUCH you save is FAR more important than ho...
by bertilak
Wed Jan 02, 2019 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: lump sum dump vs monthly investment
Replies: 10
Views: 544

Re: lump sum dump vs monthly investment

DCA is for those who think it's safer to grab a tiger by the tail if you first sneak up on him!

(Bringing a tiger into the conversation is in honor of my Kipling avatar!)
by bertilak
Wed Jan 02, 2019 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: lump sum dump vs monthly investment
Replies: 10
Views: 544

Re: lump sum dump vs monthly investment

But if your goal is to minimize your regret, you may wish to dollar cost average into the market over a period of time, perhaps a period of months or a year. I minimize regret the same way Harry Markowitz does. Harry Markowitz won the Nobel Prize for exploring the mathematical tradeoff between risk...
by bertilak
Tue Jan 01, 2019 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6395

Re: Vanguard personal advisor service (PAS) for high net worth?

Would your spouse read your IPS? Perhaps what one should do is turn over the keys to VPAS at a particular age and then things are already in place. She has read it already. So has our Vanguard rep. The two have already chatted on the phone. I will consider if and wen to start PAS. I don't see it as...
by bertilak
Mon Dec 31, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6395

Re: Vanguard personal advisor service (PAS) for high net worth?

I also do not recommend them because of their high cost ... I wrote an IPS "to give guidance to anyone who has taken over the responsibility of managing our investment portfolio." I tried very hard to keep it focused on the important things and to do so in a way that someone inexperienced with inve...
by bertilak
Sat Dec 29, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6395

Re: Vanguard personal advisor service (PAS) for high net worth?

exigent wrote:
Sat Dec 29, 2018 10:19 am
You may have missed that I was referring to non-covered shares.
I tread right past that, missing the relevance!
by bertilak
Sat Dec 29, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6395

Re: Vanguard personal advisor service (PAS) for high net worth?

You are correct, they can't do TLH without cost basis and since they wouldn't use specific ID... Ah, I see what you are saying. They HAVE the info but don't USE it. Perhaps they are acting on the idea that the tax costs all average out in the end. That may be true, but what defines "the end?" And d...
by bertilak
Sat Dec 29, 2018 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocations (how to include a pension in planning)
Replies: 17
Views: 1285

Re: Asset Allocations (how to include a pension in planning)

I am evaluating my asset allocations. I understand and like the Bogleheads approach. But, how do you include the value of a government pension in your asset allocations? The MAIN consideration in retirement planning is income vs. expense. A government pension is INCOME. It may be interesting to put...
by bertilak
Sat Dec 29, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6395

Re: Vanguard personal advisor service (PAS) for high net worth?

You’re right that they’re very inflexible when it comes to cost basis records. I’ve kept meticulous records for our non-covered shares and was told (by a Flagship rep) that it’s possible for their “cost basis team” to record that info in their system to simplify my record-keeping. Unfortunately, wh...
by bertilak
Fri Dec 28, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13493

Re: Vanguard Founder Jack Bogle Says It’s Time to market time

How does he know what the future holds? Agreed. He nor anyone else know what will happen tomorrow. Keep in mind Vanguards own paper showe PE1 and PE10 at predictive value of future stock returns of a whopping 0.37 and 0.41. I don't know how many times we have to say it, but NO ONE CAN PREDICT THE F...
by bertilak
Fri Dec 28, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13493

Re: Vanguard Founder Jack Bogle Says It’s Time to market time

Some in these forum are more papist than the Pope himself. Cheers. :greedy This is one reason I am 50/50. Whenever I get the urge to move one way or the other I just remember that half of my portfolio is already all the way in whatever direction I am tempted to go. Didn't the market itself adjust f...
by bertilak
Thu Dec 27, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 44
Views: 1921

Re: What are some disadvantages to TLH?

elainet7 wrote:
Thu Dec 27, 2018 4:01 pm
Do you think lot of the selling now is to harvest losses :happy
If so, there would be matching purchases.
by bertilak
Thu Dec 27, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 44
Views: 1921

Re: What are some disadvantages to TLH?

I don't understand the attraction of lowering your cost basis. So I have never understood why TLH is even beneficial at all. Lowering cost basis is not the goal of TLH. It is an unwanted side effect of registering ("harvesting") a loss to offset gains you would otherwise have to pay taxes on. As I ...
by bertilak
Thu Dec 27, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 44
Views: 1921

Re: What are some disadvantages to TLH?

As the title says, I see a lot of pros touted for TLH, but nothing comes for free. What are some disadvantages to TLH? (Please don’t mention “wash sale rule / can’t buy same fund for 30 days”—I consider this integral to proper TLH, not a side effect of the process.) Not so much a disadvantage, but ...
by bertilak
Wed Dec 26, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing Part D Medicare Plan
Replies: 15
Views: 1312

Re: Choosing Part D Medicare Plan

Depending on the dose and day supply of your prescription, most medicines can be refilled when you have used 80% of your medicine. For example, you can refill a 30-day supply when you have about a week’s worth of medicine left, or for a 90-day supply, refills are allowed when you have a little more...
by bertilak
Wed Dec 26, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing Part D Medicare Plan
Replies: 15
Views: 1312

Re: Choosing Part D Medicare Plan

I much prefer that so one doesnt have to wait a week for USPS and worry if it gets there. The website shows you both mail order and retail costs and you can see if they differ. If you get a 90 day supply you can refill/renew sooner than 90 days leaving plenty of time for the drugs to arrive before ...
by bertilak
Wed Dec 26, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Why call them "losses" when you still own the shares?
Replies: 103
Views: 4861

Re: Why call them "losses" when you still own the shares?

Let's use the ever-popular car analogy:

If the book value of your car was $10,000 yesterday and you run it into a pole today causing $1000 damage have you had a loss?

I say yes even though you "still own" the car. The car simply isn't worth as much anymore.
by bertilak
Tue Dec 25, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Wow, Behaviorial Finance is Real
Replies: 49
Views: 9006

Re: Wow Behaviorial Finance is Real

LadyGeek wrote:
Mon Dec 24, 2018 8:21 pm
If you are panicking, then adjust your asset allocation to add more bonds.
And note that Mr. Market may have already done some re-balancing (or reallocation) for you!
by bertilak
Tue Dec 25, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Keep Calm and Boglehead On!
Replies: 36
Views: 5471

Re: Keep Calm and Boglehead On!

Another thought:

Even if Mr. Market "never" comes back, what else are you going to invest in? (Assuming you can't predict the future and already have a will-diversified portfolio, including international.)
by bertilak
Mon Dec 24, 2018 3:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: My New Avatar
Replies: 23
Views: 1406

Re: My New Avatar

Nicolas wrote:
Mon Dec 24, 2018 3:20 pm
Question: How do you like Kipling?
Answer: I don’t know, I’ve never kipled! :D
I hear it does wonders for your precious bodily fluids!
by bertilak
Mon Dec 24, 2018 2:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: My New Avatar
Replies: 23
Views: 1406

Re: My New Avatar

Nicolas wrote:
Mon Dec 24, 2018 12:23 pm
Let’s see what it looks like with the Santa hat on.
With the change to Win 10 I lost the application (Gimp) I used to merge images. I will eventually get it back so maybe next year but I can't do it this year! :-(

P.S. Thanks for all the positive feedback and Merry Christmas!
by bertilak
Mon Dec 24, 2018 2:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: My New Avatar
Replies: 23
Views: 1406

Re: My New Avatar

VictoriaF wrote:
Mon Dec 24, 2018 12:36 pm
bertilak wrote:
Sun Dec 23, 2018 1:12 pm
I retired H.L. Mencken and switched to Rudyard Kipling!
You look handsome and distinguished.

Victoria
Maybe it's the Christmas season or maybe I am simply mellowing out but I was feeling less cynical than Mencken. Kipling matched my mood better.
by bertilak
Mon Dec 24, 2018 8:25 am
Forum: Local Chapters and Bogleheads Community
Topic: Why I became a Boglehead
Replies: 22
Views: 3059

Re: Why I became a Boglehead

How did I become a Boglehead? I don't remember exactly, but it was probably a Rick Ferri book (Power of Passive Investing?) that got me started. Some more reading, and I was sold. It helped that I had already tried just about everything else: Merrill Lynch, Smith Barney, etc.(I followed the same adv...
by bertilak
Sun Dec 23, 2018 2:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: My New Avatar
Replies: 23
Views: 1406

Re: My New Avatar

arcticpineapplecorp. wrote:
Sun Dec 23, 2018 2:45 pm
bertilak wrote:
Sun Dec 23, 2018 1:12 pm
I retired H.L. Mancken and switched to Rudyard Kipling!
Do you mean Mencken, not Mancken?

https://www.google.com/search?client=fi ... l.+mancken
Whoops! Typo!

At least I got Kipling right.
by bertilak
Sun Dec 23, 2018 1:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: My New Avatar
Replies: 23
Views: 1406

My New Avatar

I retired H.L. Mencken and switched to Rudyard Kipling!
by bertilak
Sun Dec 23, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Sell IBM? Am I timing the market?
Replies: 11
Views: 955

Re: Sell IBM? Am I timing the market?

I would not call it marked timing. You (presumably) bought IBM because you liked the company's prospects. If you no longer like those prospects, sell. That's stock picking -- all part of active investing. It is reasonable to take into account tax consequences.
by bertilak
Sun Dec 23, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Do I need Norton Virus Protection?
Replies: 30
Views: 2826

Re: Do I need Norton Virus Protection?

I have four levels of defense: My ASUS router has Trend Micro AV (and other protections) built in. Windows has Windows Defender built in. I added Malwarebytes Pro. I added MailWasher Pro. All are updated just about continuously and automatically. Trend Micro and Malwarebytes have logs that, together...
by bertilak
Sun Dec 23, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: International Allocation
Replies: 13
Views: 966

Re: International Allocation

I have a 4 fund portfolio ( 60 % stock / 40 % bond) containing the following ETF's: 43 % SCHB - Schwab U S Broad Market ETF 13 % SCHF - Schwab International Equity ETF 04 % SCHE - Schwab Emerging Markets Equity ETF 40 % SCHZ - Schwab US Agregate Bond I would like comments on the international/emerg...
by bertilak
Sat Dec 22, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can I cause a wash sale with "trusts" in my 401(k)?
Replies: 27
Views: 1192

Re: Can I cause a wash sale with "trusts" in my 401(k)?

smarcus3 wrote:
Fri Dec 21, 2018 8:29 am
Why not chose another large cap index fund which doesn't explicitly follow the S&P 500? Then after 60 days buy back the exact fund you want. .
Agreed. Without trying to find some official, iron-clad answer, I say why take chances and why work hard enough to (perhaps) find out?
by bertilak
Sat Dec 22, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: suggest 50/50 portfolio
Replies: 21
Views: 2449

Re: suggest 50/50 portfolio

From a link on another recent post to Bogleheads.org: Harry Markowitz won the Nobel Prize for exploring the mathematical tradeoff between risk and return. A few years ago the Wall Street Journal asked him how, given his work, he structured his own portfolio. He replied: I visualized my grief if the ...