Search found 14 matches

by Soren Aabye
Mon Feb 03, 2014 4:21 pm
Forum: Investing - Theory, News & General
Topic: Poll--especially for newbies--financial calc skills?
Replies: 44
Views: 2739

Re: Poll--especially for newbies--financial calc skills?

My trusty old HP-12C (financial calculator) got me to .9563%. That calculator has been going since about 1990. I have only changed the batteries once, or maybe twice.
by Soren Aabye
Sat Apr 07, 2012 11:53 pm
Forum: Investing - Theory, News & General
Topic: How to rebalance during market crashes?
Replies: 54
Views: 4584

Re: How to rebalance during market crashes?

Len33 -- You said "Let's say my personal rule would be to rebalance when TSM Index gets up to 63% or down to 57%." That's a 5% rebalancing band. The Daryanani article suggests that a much wider band is optimal. If you used a 20% rebalancing band you wouldn't be doing any rapid fire rebalan...
by Soren Aabye
Fri Mar 16, 2012 1:08 am
Forum: Investing - Theory, News & General
Topic: How can you bear Morningstar?
Replies: 28
Views: 4577

Re: How can you bear Morningstar?

I use Morningstar's website for one reason: to create custom charts for a quick comparison of stocks, funds, indexes, etc. It's free and easy. It never occurred to me to think that I was bearing anything.
by Soren Aabye
Wed Feb 29, 2012 7:16 pm
Forum: Investing - Theory, News & General
Topic: Do you have a portfolio "floor"?
Replies: 50
Views: 4057

Re: Do you have a portfolio "floor"?

I do not have a portfolio floor. But if I did, this is how I would do it. I would work myself into a state of anxiety, and while in that state I would pick a number to be my floor. Then I would catch a movie, or have a good meal, or take the dog for a long walk—ditching my anxious self along the way...
by Soren Aabye
Mon Feb 27, 2012 12:16 am
Forum: Investing - Help with Personal Investments
Topic: What is your rebalance trigger?
Replies: 40
Views: 2784

Re: What is your rebalance trigger?

http://www.tdainstitutional.com/pdf/Opportunistic_Rebalancing_JFP2007_Daryanani.pdf In short, 20% bands, checked every 10 market days is about optimal. I didn't read the pdf file but 20% bands are way excessive. Not doing anything would be about the same. If I had a 50/50 AA, I would not want to ge...
by Soren Aabye
Mon Jan 23, 2012 5:51 am
Forum: Investing - Help with Personal Investments
Topic: Do You use a Vanguard Advantage Account?
Replies: 26
Views: 8928

Re: Do You use a Vanguard Advantage Account?

You can deposit checks in VAA by printing out a purchase form and mailing them the check; I don't mean a check you write, I mean any check that anyone writes to you. Have you done this? The last time I looked at a Vanguard deposit slip, admittedly not too recently, it said no third party checks. An...
by Soren Aabye
Mon Jan 02, 2012 4:11 pm
Forum: Investing - Theory, News & General
Topic: So, what's your screen name mean? (And why'd you choose it?)
Replies: 81
Views: 6658

Re: So, what's your screen name mean? (And why'd you choose

Mine is an homage to one of my favorite thinkers: Kierkegaard, the grandfather of existentialism.
by Soren Aabye
Wed Dec 14, 2011 4:07 pm
Forum: Investing - Theory, News & General
Topic: excellent summary Euro Crisis in layman's language
Replies: 5
Views: 1613

Re: excellent summary Euro Crisis in layman's language

There is of course a debate and a 'german view'. [I agree.] But Germany runs a current account surplus with the Euro Zone almost exactly equal to the deficit of the countries which are in trouble. [I agree with everything except the "But". (Meaning, I dont' think this fact about current a...
by Soren Aabye
Wed Dec 14, 2011 12:51 am
Forum: Investing - Theory, News & General
Topic: excellent summary Euro Crisis in layman's language
Replies: 5
Views: 1613

Re: excellent summary Euro Crisis in layman's language

The article you link to in the New Yorker strikes me as seriously misleading on a couple of important points. It’s claim that “[w]hat’s roiling the markets is the fact that the governments of the richer European nations, especially that of Chancellor Angela Merkel, in Germany, have been putting the ...
by Soren Aabye
Mon Dec 12, 2011 5:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3979
Views: 1060161

Re: U.S. stocks in freefall

I love the way this thread pops up whenever the market hiccups. But, @NisiPrius, your post about the dreaded Johnny-Johnny-whoops-Johnny was really priceless.
by Soren Aabye
Sun Sep 04, 2011 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: allocating trust fund money
Replies: 12
Views: 1405

Get a copy of the trust document and read it. If the trustee won't give it to you talk to a lawyer (without making a fuss). Pay special attention to the provisions on removing the trustee. If the trustee ever starts seriously messing up, or failing to report to you (as required by the trust document...
by Soren Aabye
Tue Aug 30, 2011 10:42 am
Forum: Investing - Theory, News & General
Topic: Ideas on timing major shifts in asset allocation?
Replies: 20
Views: 2923

Thanks for the thoughtful responses. I appreciate the reminder to keep taxes in mind, but that part of the equation is transparent to me. What I wanted to puzzle over was this very narrow question about timing, and I am grateful for the ideas that came up in the thread.
by Soren Aabye
Sat Aug 20, 2011 12:31 pm
Forum: Investing - Theory, News & General
Topic: Ideas on timing major shifts in asset allocation?
Replies: 20
Views: 2923

Retiredjg said: If the current portfolio is making you crazy, you should switch now (assuming no tax consequences) and get your life back to normal. If you are not uncomfortable and just wanting to head that direction but are not comfortable with doing it all at once, I'd say do a lump sum now (1/4?...
by Soren Aabye
Fri Aug 19, 2011 5:29 pm
Forum: Investing - Theory, News & General
Topic: Ideas on timing major shifts in asset allocation?
Replies: 20
Views: 2923

Ideas on timing major shifts in asset allocation?

Say you have inherited a portfolio that is 100% stocks, well diversified, performing very much like a Total US Stock Market Index. Say you want to transition to a portfolio of index funds that is 60/40 stocks/bonds. The 100% portfolio has just come down 14% from recent highs. The target portfolio ha...