Search found 30 matches

by aspiringboglehead
Sun Mar 05, 2017 1:22 am
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 440
Views: 49399

Re: Your USER NAME...what does it mean?

"that Nisi Prius nuisance, who just now is rather rife, That judicial humorist-- I've got him on my list." it just popped into my head at a moment when I was trying to think of a screen name that had no particular connection with my real world identity. It's a line from a song in a Gilbert and Sull...
by aspiringboglehead
Tue Feb 21, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 170
Views: 32466

Re: Wow, Vanguard Flagship service is bad. Really bad.

I've long been committed to Vanguard because of the low cost and the ownership structure, but recent customer-service failures have led me to question my faith in the organization's ability to adapt to the growth it has experienced. They have done unbelievably incompetent things in my accounts over ...
by aspiringboglehead
Wed Feb 15, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 15336

Re: Insane Bloodwork Cost (Quest Diagnostic)

Yes that write off becomes a tax tool to cut the cost of business as insurance companies. It's a tax loophole for huge insurance companies. I call it a loophole, but not sure that's the right term. I'm guessing some other businesses also win here. I fail to understand how this can be a tax tool to ...
by aspiringboglehead
Mon Feb 13, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 15336

Re: Insane Bloodwork Cost (Quest Diagnostic)

Oh, just to be clear, Blue Cross's website often shows "Your responsibility" to be $0 while the claim is processing. When that turns into another number, that is likely to be what you actually owe. As long as Quest is an in-network provider, your responsibility is likely to be much, much less than t...
by aspiringboglehead
Mon Feb 13, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 15336

Re: Insane Bloodwork Cost (Quest Diagnostic)

The insane costs at the rack rate are well known. But even if the insurer doesn't cover it, I assume it is in network and you should get network rates. And I must ask, what kind of insurance policy do you have that wouldn't cover thyroid testing? PPO with HSA :P literally covers nothing but routine...
by aspiringboglehead
Mon Feb 13, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 15336

Re: Insane Bloodwork Cost (Quest Diagnostic)

It's possible that even though it's an uncovered service, an in-network provider will be limited to taking a particular negotiated fee. It's at least worth asking Blue Cross Blue Shield if there will be such a limitation in this case. That will, unfortunately, probably need to wait until their initi...
by aspiringboglehead
Sun Sep 18, 2016 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Definition of gambling winnings/losses
Replies: 20
Views: 2184

Re: Definition of gambling winnings/losses

I'm not your lawyer, but (1) the form on which the earning is declared does not dictate your tax liability, but it may of course raise red flags for the IRS or increase the likelihood that they will challenge your return, and if the winnings were in fact gambling winnings, then part of them should h...
by aspiringboglehead
Fri Jan 15, 2016 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Caught in a bind - transferring stocks from the UK to a US account.
Replies: 10
Views: 882

Re: Caught in a bind - transferring stocks from the UK to a US account.

One possibility if you're restricted to a UK-bank withdrawal is to set up an account in an Isle of Man bank. This requires some paperwork but is generally easier for nonresidents than setting up a proper UK account, and yet the Isle of Man accounts are functionally within the UK banking system and c...
by aspiringboglehead
Sun Aug 04, 2013 8:37 am
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 9231

Re: What house can we afford?

But hasn't history shown that many Americans own too expensive a home? :) Bogleheads can't have it both ways. We accept that we cannot time the market; that we cannot determine a fair price for a security better than the millions of buyers who make up the market. Why would we think that we know bet...
by aspiringboglehead
Sun Aug 04, 2013 12:47 am
Forum: Investing - Theory, News & General
Topic: It's not your father's indexing
Replies: 40
Views: 5267

Re: It's not your father's indexing

Right, that makes sense: it's not style-neutral in the sense of fixed weightings; it's "whatever style the market has chosen." Nor is it "neutral" (in the sense you appear to mean) with respect to industry, sector, or (in the case of TSM) domestic location; it's "biased" toward whatever the market h...
by aspiringboglehead
Sat Aug 03, 2013 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 9231

Re: What house can we afford?

I will note that the median value of housing units cost $186,200 according to the 2010 census. I know this is Lake Wobegon and everyone here is an outlier that skews the average, but that just shows how out of whack 2.5x (or 2x) is with what's going on with all the millions of people in this countr...
by aspiringboglehead
Sat Aug 03, 2013 10:17 pm
Forum: Investing - Theory, News & General
Topic: It's not your father's indexing
Replies: 40
Views: 5267

Re: It's not your father's indexing

The three stock styles each account for about one-third of the total free float — so, by definition then, the Total Market Stock Index can never be anything other than a large-cap blend fund But isn't that true of almost any categorization of assets you could come up with? Those from Fama and Frenc...
by aspiringboglehead
Sat Aug 03, 2013 8:13 pm
Forum: Investing - Theory, News & General
Topic: It's not your father's indexing
Replies: 40
Views: 5267

Re: It's not your father's indexing

Factor investing rests on two claims, and they both fall in the range of "there might be something in it... or, then, again, there might not." One is that in addition to the risk story, small-cap and value benefit from behavioral errors that a) can be exploited by a simple, robotic formula, no Wats...
by aspiringboglehead
Sat Aug 03, 2013 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 9231

Re: What house can we afford?

Interestingly, though, 2.5x salary does sound conservative to me too, particularly for otherwise frugal people. It's certainly not profligate or irresponsible to buy a home that it would take you six years to pay off, rather than three. :) A figure like 2.5x salary isn't far off, but I wouldn't thin...
by aspiringboglehead
Sat Aug 03, 2013 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Some things a teen could do to help out parents college-wise
Replies: 74
Views: 7013

Re: Some things a teen could do to help out parents college-

It's really great how you're approaching this. I think the clearest, most helpful bits of advice that have been given are (1) scholarships, because they can be fun to apply for and are just free money regardless of what else you do, and (2) public vs. private schools, which will also associate with ...
by aspiringboglehead
Sat Aug 03, 2013 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 9231

Re: What house can we afford?

I think one insidious thing the real-estate industry has done (and I don't mean this as a conspiracy theory, just an unfortunately result of collective marketing over the years) is to get people to think in terms of the maximum home they can "afford." Why not look at all ranges of homes, including t...
by aspiringboglehead
Thu Aug 01, 2013 2:27 pm
Forum: Investing - Theory, News & General
Topic: Why percentage-wise allocations?
Replies: 13
Views: 1307

Why percentage-wise allocations?

Most Bogleheads appear to accept that it is appropriate to divide assets into percentage-based allocations between stocks and bonds. I've been wondering recently whether this is really true for many or even most people. For example, isn't it likely that as people get wealthier, many ought to prefer ...
by aspiringboglehead
Thu Aug 01, 2013 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Using dividends/distributions to fund our Roth IRAs?
Replies: 8
Views: 613

Re: Using dividends/distributions to fund our Roth IRAs?

There is generally no such consequence, but there's a small wrinkle with IRAs: you cannot contribute more than your wages and other earnings. So it's fine if the practical source of the funds is from dividends, distributions, interest, or gains ("unearned income"), but the contributed amount can't e...
by aspiringboglehead
Tue Nov 06, 2012 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Easiest way to realize gains
Replies: 19
Views: 1581

Re: Easiest way to realize gains

I already dealt with conversions, and I like my AA. Are those few 5%'s necessary...no, but I like them. My question: If I have money in account A, and want to keep it in that account, how do I realize the gains with the minimum time out of AA. I assume I could sell it all, exchange it into another ...
by aspiringboglehead
Tue Aug 14, 2012 12:33 am
Forum: Personal Consumer Issues
Topic: How do high networth individuals protect their money from
Replies: 32
Views: 6599

Re: How do high networth individuals protect their money fro

The root of the problem is Vanguard's 10 character limitation. That quite simply puts Vanguard far from where they should be in the area of online security. This isn't really a problem; brute-force attacks on online systems can be easily monitored and prevented, and they're significantly slower tha...
by aspiringboglehead
Sat Feb 18, 2012 8:36 pm
Forum: Investing - Theory, News & General
Topic: Can you express your investing philosophy as a Haiku?
Replies: 41
Views: 2741

Re: Can you express your investing philosophy as a Haiku?

"Efficient markets"
Probably overstates things,
But what else is there?
by aspiringboglehead
Sat Feb 18, 2012 1:59 pm
Forum: Investing - Theory, News & General
Topic: "Can you sum-up your investing philosophy in 10 words?"
Replies: 120
Views: 9177

Re: "Can you sum-up your investing philosophy in 10 words?"

"No, ten words are too few to summarize anything important."

:-)
by aspiringboglehead
Sat Jan 28, 2012 12:20 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional - Safety?
Replies: 50
Views: 5618

Re: TIAA Traditional - Safety?

Additionally, in the "supplemental" accounts, you have what amounts to a free option to update your "vintage" by simply withdrawing to the CREF money market and then, after some period elapses (I think it's 90 days, though I may be misremembering), redepositing the money into the TIAA Traditional ac...
by aspiringboglehead
Thu Jan 26, 2012 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional - Safety?
Replies: 50
Views: 5618

Re: TIAA Traditional - Safety?

Even taking TIAA's claims-paying abilities for granted, I've been wondering how long they'll be able to keep up a guarantee of 3% for new contributions under current conditions. I've asked a few TIAA representatives whether the 3% rate for new contributions might change anytime soon, and they all th...
by aspiringboglehead
Sat Oct 29, 2011 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Umbrella coverage amounts
Replies: 18
Views: 1726

Re: Umbrella coverage amounts

My understanding is that your insurer has a legal obligation to settle when it's in your best interest to settle. It is not, as I understand the law, permitted to take risks at your expense in order to minimize its own expected payouts, precisely because of the difficulties raised in this discussion...
by aspiringboglehead
Sun Oct 02, 2011 9:03 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig on Stock Buybacks in the WSJ
Replies: 51
Views: 4213

A good academic analysis of the drawbacks of share repurchases, along with a proposal for how they should be regulated, is in an article by Jesse Fried entitled "Informed Trading and False Signaling with Open Market Repurchases." It basically is a legal-academic elaboration of nisiprius's intuitions...
by aspiringboglehead
Fri Sep 09, 2011 8:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553359

nisiprius wrote:Nailed it! :)
Nisiprius, have enough people praised your contributions to this forum overall? They really should! I could spend a whole evening, both productively and enjoyably, simply browsing through your posts.
by aspiringboglehead
Sun Sep 04, 2011 1:38 am
Forum: Investing - Theory, News & General
Topic: Advice request: the difficulties of planning in the abstract
Replies: 8
Views: 1162

If your consulting is structured as self-employment, perhaps you can use self-employed retirement plans -- such as SEP-IRA, SIMPLE IRA, Keogh plans, and solo 401(k) -- that would increase the amount of your tax deferred investments. Victoria Thanks, Victoria. I mentioned this too quickly earlier (w...
by aspiringboglehead
Sun Sep 04, 2011 1:13 am
Forum: Investing - Theory, News & General
Topic: Advice request: the difficulties of planning in the abstract
Replies: 8
Views: 1162

What's your opinion on TIPS and I-Bonds? Do you think they are a crapshoot as well? Even if short term treasuries are the safest asset, I don't know if a 100% short term treasuries portfolio is the safest portfolio (as opposed to one with a large allocation to inflation linked bonds, or a small sto...
by aspiringboglehead
Sat Sep 03, 2011 10:02 pm
Forum: Investing - Theory, News & General
Topic: Advice request: the difficulties of planning in the abstract
Replies: 8
Views: 1162

Advice request: the difficulties of planning in the abstract

I'm not used to asking for advice online, but I've been a longtime reader of this forum, and it's consistently impressed me with its intelligence and thoughtfulness. I have a handful of questions that basically result from difficulties putting the Bogleheads philosophy into practice in my particular...