Search found 5701 matches

by bertilak
Mon Jan 15, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 36
Views: 2686

Re: A "Home" cell phone?

We need a dedicated land line for our security system. Otherwise, we wouldn't have one. Check to see if your security system can be upgraded to cellular service. ADT did that for me and only charged $100. It does NOT tap into my existing cell phone -- they have there own built-in cellular unit. I c...
by bertilak
Mon Jan 15, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3505

Re: Are land line phones still being supported?

Coincidentally, I just cancelled my land line a week or so ago. It was costing me $38.31 per month so that's quite a bit, especially when looking at it over a year ($459+). Their quoted price was "only" $24.95 per month for the "package" but they added to that: $1.36 additional charges (long distanc...
by bertilak
Sat Jan 13, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Shares Are Wildly Overpriced. But Bonds May Be Even Worse
Replies: 34
Views: 5240

Re: Shares Are Wildly Overpriced. But Bonds May Be Even Worse

I go back and forth between 100/0 and 0/100 on a daily basis based on the first article I read with my morning coffee. I've simplified that. I'm 100% stocks with half my money and 100% bonds with the other half. No need to jump back and forth. One half or the other's gotta be the winner and the oth...
by bertilak
Sat Jan 13, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: [Lightning rods for my house? Or too "old fashioned"?
Replies: 32
Views: 1948

Re: [Lightning rods for my house? Or too "old fashioned"?

I saw one of those TV shows were they have various interesting scientific stories. In this show a surveillance camera showed someone getting struck by lightning. It knocked him down but he got up and walked way. But that's not the amazing thing -- he got hit a second time only a few steps after tha...
by bertilak
Fri Jan 12, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: [Lightning rods for my house? Or too "old fashioned"?
Replies: 32
Views: 1948

Re: [Lightning rods for my house? Or too "old fashioned"?

I saw one of those TV shows were they have various interesting scientific stories. In this show a surveillance camera showed someone getting struck by lightning. It knocked him down but he got up and walked way. But that's not the amazing thing -- he got hit a second time only a few steps after that...
by bertilak
Thu Jan 11, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Buy bonds until market correction
Replies: 28
Views: 2277

Re: Buy bonds until market correction

Don't you mean until the next correction ends? How will you know when that is? There is an expression, "Don't try to catch a falling knife." In other words, wait for it to hit the floor then pick it up. The trouble is, with Mr. Market the floor is invisible because the future is invisible. Also, all...
by bertilak
Wed Jan 10, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does a UGMA do for me what I want?
Replies: 23
Views: 952

Re: Does a UGMA do for me what I want?

SGM wrote:
Wed Jan 10, 2018 1:33 pm
UTMA income went on our taxes until the kids were out of school except for the first $1k of income. When they were working after 21 they paid the taxes.
Was this for your kids or grandkids?
by bertilak
Wed Jan 10, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Does a UGMA do for me what I want?
Replies: 23
Views: 952

Re: Does a UGMA do for me what I want?

I was considering a trust account but I can't appoint myself executor of the trust. It would not then count as a gift and there are no tax advantages). A Crummey trust will give you the advantages of a trust and allow you to use the annual gift tax exclusion. But it does not allow me to appoint mys...
by bertilak
Wed Jan 10, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Does a UGMA do for me what I want?
Replies: 23
Views: 952

Re: Does a UGMA do for me what I want?

To all, thanks for he input. I now have more mental ammunition to apply to this!
by bertilak
Wed Jan 10, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Does a UGMA do for me what I want?
Replies: 23
Views: 952

Re: Does a UGMA do for me what I want?

I was considering a trust account but I can't appoint myself executor of the trust. It would not then count as a gift and there are no tax advantages). A Crummey trust will give you the advantages of a trust and allow you to use the annual gift tax exclusion. But it does not allow me to appoint mys...
by bertilak
Tue Jan 09, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Does a UGMA do for me what I want?
Replies: 23
Views: 952

Re: Does a UGMA do for me what I want?

Not really..... Yes mostly on controlling the assets but cap gains, dividends etc would need to be coordinated with the parents. UTMA/UGMA are different ages in different states.... so 21 is not always the age when the minor will gain control. Also might affect any future college needs based financ...
by bertilak
Tue Jan 09, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Does a UGMA do for me what I want?
Replies: 23
Views: 952

Does a UGMA do for me what I want?

I want to give money to my grandkids but maintain control over how that money is invested. For example I would like to invest in a Vanguard fund (as yet TBD -- lifestyle, target, etc.). I believe if I set up a UGMA account for each grandkid and appoint myself custodian I can accomplish this -- up to...
by bertilak
Tue Jan 09, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: [What to do with inheritance?]
Replies: 1
Views: 73

Re: The Three-Fund Portfolio

Not sure if this the right spot but have a question with the three fund portfolio. I'm 32 yrs old, I inherited 150k 2 years ago. I paid off all debt. And this is what I have to my name right now: 17,500 in a Roth IRA with majority in VTI and 130k in cash. Now that I've read up a bit on the three fu...
by bertilak
Mon Jan 08, 2018 5:53 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5692

Re: Misuse of adverse when averse was meant

El Greco wrote:
Mon Jan 08, 2018 5:01 pm
How about inane expressions like "sooner rather than later"? Wouldn't the single word "soon" mean exactly the same thing?
More or less.
by bertilak
Mon Jan 08, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Living on Dividends and Interest
Replies: 19
Views: 2583

Re: Living on Dividends and Interest

What would be correct or wrong about living on the dividends and interest of your portfolio if you were able to do so with a 30% surplus or more? For this exercise, consuming capital by selling shares/individual bonds/cd's would be prohibited. I'd be curious as to what this group thinks about it. W...
by bertilak
Mon Jan 08, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: is the cost for using a relocation service to find an apartment worth it?
Replies: 8
Views: 569

Re: is the cost for using a relocation service to find an apartment worth it?

In my experience, there are local apartment-finding services that collect their fee from the the apartment company and do not charge you anything.
by bertilak
Thu Jan 04, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Smart home and new home security technology
Replies: 5
Views: 566

Re: Smart home and new home security technology

Thanks! Wary of ADT...if i can get the setup and some cloud video storage for a reasonable amount, that would be good I've had ADT for years: prompt service, no problems. A couple of months ago they upgraded my 10 year old system to add a video camera, the ability to add sensors/devices without run...
by bertilak
Mon Jan 01, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Quicken 2018 Bill Pay misleading error message OL-393-A
Replies: 0
Views: 107

Quicken 2018 Bill Pay misleading error message OL-393-A

I upgraded to the new 2018 Quicken and as part of the upgrade process was required to create a NEW quicken Bill Pay account and then cancel the old one after all the old payments went through. I thought I had a problem with the conversion because I kept getting an error trying to submit an online pa...
by bertilak
Sat Dec 30, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10306

Re: Do you meditate?

I don't meditate per se, but I feel like I get a similar mental and physical benefit from distance running. The headspace during a relaxed run (not a workout) is very different from that during almost daily activity. As an ex-runner I understand completely. I had different paces: for training and f...
by bertilak
Fri Dec 29, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: Concern that somebody else can open a new fund for me without permission?
Replies: 23
Views: 1992

Re: Vanguard security: Somebody else can open an account for me without my knowledge

Maybe the OP will enlighten us. Dale I moved some money from my VG account to my daughter's VG account but had to call my VG rep to get it done. He told me this CAN be done via the web page but went ahead and did it for me while I was on the phone. I did make a diligent effort to use the web page b...
by bertilak
Fri Dec 29, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking funds with no ticker symbol?
Replies: 12
Views: 3452

Re: Tracking funds with no ticker symbol?

What you have is almost surely a Collective Investment Trust (CIT). These are explained by Morningstar here . I believe CITs have no "ticker." They are not available on the open market so a ticker is not needed. If you have a Fidelity account you can do a lookup on the CUSIP number here . Google get...
by bertilak
Fri Dec 29, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5713

Re: Keeping a checkbook register

Added after numerous comments: Thank you all for your comments. It seems that most are comfortable not keeping a register and most in that group use an alternate like Quicken or Mint. Im not interested in those. Without these, would you still not keep a register? Can't say. Without Quicken, I would...
by bertilak
Wed Dec 27, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2745
Views: 877110

Re: What Book Are You Currently Reading? Part VI

It's an odd feeling knowing that Herman Melville and I read the same book. I wonder what's become of his copy? This might be a clue: https://www.nysoclib.org/blog/herman-melville-society-library . Its possible he borrowed it from the library. They had the copy in 1800 and still have it today. https...
by bertilak
Mon Dec 25, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: how to "know" what asset allocation is right? (crypto windfall)
Replies: 39
Views: 4870

Re: how to "know" what asset allocation is right? (crypto windfall)

OK, 90/10 may be a "rule of thumb" for younger people but that assumes a couple of things: with a small nest egg you have little to lose and a long time (i.e lots of future income) to make up the difference. One is converting human capital to financial capital. Those things don't apply to you. You h...
by bertilak
Sun Dec 24, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: "The Bond Experiment: Return to VBTLX (Vanguard Total Bond Market)"
Replies: 34
Views: 5181

Re: "The Bond Experiment: Return to VBTLX (Vanguard Total Bond Market)"

The degree of belief bordering on religious zeal in VBTLX and only VBTLX that some BH members have stretches the limit of reason. As Taylor tells us, "there is more than one road to Dublin". According to Morningstar VFIDX might get you to Dublin faster than VBTLX but you risk an occasional slide in...
by bertilak
Sat Dec 23, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Property Fraud Alert
Replies: 6
Views: 1069

Re: Property Fraud Alert

Earl, Thanks. I followed the link and it turns out my county participates in this. The link you give is apparently legitimate because I can get to it by starting from my county's web page. I'm a bit fuzzy on what fraud I am being potentially warned about, but since my county clerk likes it, I signed...
by bertilak
Fri Dec 22, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I cash out my whole life insurance
Replies: 9
Views: 497

Re: Should I cash out my whole life

GeraniumLover wrote:
Fri Dec 22, 2017 1:52 pm
I was worried the subject of this thread was about considering suicide :oops:
It made me look!

I normally wouldn't have looked at an insurance thread.
by bertilak
Wed Dec 20, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman and Small Cap Value
Replies: 91
Views: 7568

Re: Paul Merriman and Small Cap Value

I don't think there is anything to argue about. Small cap value is expected to have much higher return than total market - but over a very long time period like 30-40 years. Comparisons between asset sub-classes over short time periods like 10 years are meaningless. And of course the biggest issue ...
by bertilak
Tue Dec 19, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Best "investment tip" I have gotten from Bogleheads
Replies: 53
Views: 9567

Re: Best "investment tip" I have gotten from Bogleheads

Starting Social Security at age 70 (under the old file and suspend rules). That's probably the best tip I *missed* getting at BH. (Maybe.) When I retired at 65 I took SS immediately. My thinking was two-part: The SSA's actuarial calculations were fair. It was best to maintain post-retirement cash-f...
by bertilak
Tue Dec 19, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman and Small Cap Value
Replies: 91
Views: 7568

Re: Paul Merriman and Small Cap Value

yeah but for those w/ 30+ year time horizon who are already 100% stocks, the only way to up the risk/return is via small/value. Good point. I was seeing things from my perspective of being retired already. also, larry swedroe argues that a more "efficient" way of titrating your risk is to use small...
by bertilak
Mon Dec 18, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman and Small Cap Value
Replies: 91
Views: 7568

Re: Paul Merriman and Small Cap Value

What I can't figure out is why so many people here don't trust the outperformance of SCV (which is explained by a risk premium), but they're all-in with the idea that stocks will outperform bonds over the long term, because of the equity risk premium. If the the SVC premium is due to risk, then why...
by bertilak
Sun Dec 17, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Insurance, Time to Leave
Replies: 63
Views: 6381

Re: State Farm Insurance, Time to Leave

I dumped State Farm for Progressive around 7 years ago. No issues. I have had State Farm since the early '70s. I used to check competitive rates years ago and nothing was ever significantly cheaper, but I haven't looked again in years. I DO have an "issue" with Progressive. I had a short period whe...
by bertilak
Sat Dec 16, 2017 5:23 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2745
Views: 877110

Re: What Book Are You Currently Reading? Part VI

bertilak, I’m curious...how is Moby Dick coming along? It is going slow because of other distractions, but the deeper I get into it the more I like it and want to continue. There are great characterizations of some old ship's captains. Ishmael had to negotiate with two of them to settle on his pay ...
by bertilak
Sat Dec 16, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23547

Re: 2nd million is easier!

dratkinson wrote:
Sat Dec 16, 2017 12:08 pm
"The 2nd million is easier!" I heard this a long time ago.

To make it actionable, I stopped working on my first million... and started on the second. :)
Brilliant! Has no one else thought of this? :oops:
by bertilak
Sat Dec 16, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23547

Re: 2nd million is easier!

Even in a relatively calm market, the second million will be MUCH easier. Starting with Charlie Munger's example of $100K: To get from $100K to $1M you need to grow your nest egg by a factor of 10. To get from $1M to $2M is only a factor of 2, much easier to do. Come to think of it, yes, the power o...
by bertilak
Fri Dec 15, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh
Replies: 97
Views: 5645

Re: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh

I have said something similar in the past: As a TSM investor I am exposed to ALL factors, even ones that haven't been discovered yet. Well, no. What you have is a market portfolio where the factors are all cancelled out except for perhaps Profitability/Quality and maybe a whiff of momentum. You hav...
by bertilak
Fri Dec 15, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: What is total return vs. dividend investing?
Replies: 85
Views: 10127

Re: What is total return vs. dividend investing?

I think it depends on many things. If I was an average person with a smaller portfolio, I'd say the person who sells off their equity would last longer. Because they aren't requires to take such a large dividend. The amount of dividend is not under your control, other than what you chose to invest ...
by bertilak
Fri Dec 15, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh
Replies: 97
Views: 5645

Re: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh

I'm puzzled by this sentence: Almost all investors are knowingly or unknowingly exposed to factors such as size, value, yield, momentum, and risk. Two questions. First, what on earth is meant by "risk?" Is risk, itself, a factor? Is that a mistake, and did they mean to say "the market factor?" Or h...
by bertilak
Fri Dec 15, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: What is total return vs. dividend investing?
Replies: 85
Views: 10127

Re: What is total return vs. dividend investing?

Is a dividend basically just a "forced sale" of your stock? What's the mathematical difference between dividends and manually selling your stock? It seems like dividends are worse in every way, since some percentage of it could be taxed as normal income. What's the benefit of dividends over manuall...
by bertilak
Thu Dec 14, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14214

Re: Just not getting it

The thing I keep asking myself when I have thoughts like yours is "how can I be smarter than all those professionals who devote all their time to this?" Active managers generally are smart, well-educated, experienced, have access to more data and company management than I do and this is their full-...
by bertilak
Tue Dec 12, 2017 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4092

Re: Vanguard Investment Advice

Bertilak has clearified his opening post: He (the Vanguard advisor) only recommended four funds: US and International versions of total stock and total bond. Or as I like to put it, four of the three funds in the three-fund portfolio! :happy Taylor, I'm with you in spirit but took one step over the...
by bertilak
Tue Dec 12, 2017 5:33 am
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14214

Re: Just not getting it

just frank wrote:
Tue Dec 12, 2017 5:17 am
I believe that the OP wants to employ a 'growth tilt'. I do too, and have. At some point in the future, I may not want a growth tilt.

Are we still Bogleheads?
Yes, but like your left ear, with a tilt!
by bertilak
Tue Dec 12, 2017 5:22 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4092

Re: Vanguard Investment Advice

Did he explain why he's recommending two different domestic stock funds instead of the Total Stock Market Fund? Or why he's recommending three different domestic bond funds instead of the Total Mond Market Fund? You've made my point about obfuscation. That is NOT a list of recommended funds but a l...
by bertilak
Mon Dec 11, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: New Quad9 DNS Service Makes the Internet Safer and More Private
Replies: 18
Views: 1878

Re: New Quad9 DNS Service Makes the Internet Safer and More Private

I ran the DNSbench program from GRC. In Boulder, CO and have Comcast (also run a local caching resolver). Comcast and Google were almost exactly the same. Quad9 was waaaay down the list and FreeDNS came in dead last - very slow. UltraDNS was only slightly slower than Comcast and Google and I use Ul...
by bertilak
Mon Dec 11, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: New Quad9 DNS Service Makes the Internet Safer and More Private
Replies: 18
Views: 1878

Re: New Quad9 DNS Service Makes the Internet Safer and More Private

Just use OpenDNS. Much more history. Biggest security footprint in the industry. https://www.opendns.com/home-internet-security/ Free service, stops malware callbacks, ad-malware, and blocks adult content. Just change it on your home router and you are done. OpenDNS has been out for over 7 years. B...
by bertilak
Mon Dec 11, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: New Quad9 DNS Service Makes the Internet Safer and More Private
Replies: 18
Views: 1878

Re: New Quad9 DNS Service Makes the Internet Safer and More Private

I am quite leery of doing things like this, but I guess it's legitimate because I found it on an IBM website: https://www-03.ibm.com/press/us/en/pressrelease/53388.wss IBM, Packet Clearing House and Global Cyber Alliance Collaborate to Protect Businesses and Consumers from Internet Threats New Quad9...
by bertilak
Mon Dec 11, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14214

Re: Just not getting it

Stock picking is simple.
  • Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it.
    If it don't go up, don't buy it.
    -- Will Rogers
by bertilak
Mon Dec 11, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4092

Re: Vanguard Investment Advice

Looks like Vanguard PAS is just like other companies that sell AUM, give a cookie cutter portfolio that appears to be too complex for someone to do on their own. I guess they figure if this type of thing helps sales and other firms, Vanguard may as well profit using the same technique. True but VGs...
by bertilak
Sun Dec 10, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4092

Re: Vanguard Investment Advice

nedsaid wrote:
Sun Dec 10, 2017 5:52 pm
a second set of eyes took a look at what you are doing.
A second set of eyes is what I was after; just in case I was wearing blinkers and forgot to take them off!
by bertilak
Sun Dec 10, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4092

Re: Vanguard Investment Advice

So Bertilak got a cookie cutter portfolio but got special help with individual bonds. With Vanguard, that is probably as good as it is going to get. So Bertilak, if it makes you feel good, I will say that you are just utterly brilliant. Haven't met you in person, but you are probably good looking t...