Search found 2893 matches

by azanon
Thu Aug 06, 2020 1:21 pm
Forum: Investing - Theory, News & General
Topic: Questions for Rick Ferri and Paul Merriman?
Replies: 62
Views: 5962

Re: Questions for Rick Ferri and Paul Merriman?

Parts 1 & 2 are an excellent discussion between Rick and Paul. Worth a listen/read even if ambivalent to the primary subject. Timeless Boglehead quote by Rick in Part 2: "Complexity is a cost. Simplicity is an alpha." - Rick Ferri Did he elaborate on that quote that you liked? Because taken literal...
by azanon
Thu Aug 06, 2020 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying annuity (SPIA) a good idea for someone who will not have Social Security benefits?
Replies: 20
Views: 1191

Re: Is buying annuity (SPIA) a good idea for someone who will not have Social Security benefits?

I think it is almost essential to buy one in which the payments increase, e.g. by 2% per year or by 3% per year, to keep up with inflation. Naturally that increases the premium quite a bit, because the total number of dollars it will be paying out will need to be quite a bit more. I believe the onl...
by azanon
Wed Aug 05, 2020 6:23 pm
Forum: Investing - Theory, News & General
Topic: TIPS Fund vs Gold Fund
Replies: 77
Views: 3071

Re: TIPS Fund vs Gold Fund

TIPS and Gold are both considered protection from inflation (if I understand correctly), but which one is better? Is one issue with TIPS that they would essentially become worthless if there were a dollar crisis or a U.S. gov't fiscal crisis (e.g. default or considerable fear of default)? In that s...
by azanon
Tue Aug 04, 2020 6:30 am
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 273
Views: 12471

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

How do you rebalance stocks with a SPIA though? You don’t. It’s not necessary, just like you don’t rebalance stocks with Social Security. If you’ve replaced all your bonds with annuities, you’re basically 23 again: 100% stocks in the investment portfolio. You seem convinced. Forced to guess, do you...
by azanon
Mon Aug 03, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 273
Views: 12471

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

The podcast has prompted me to research further the issue of "longevity risk". Perhaps someone who has good grounds to believe they'll live to their late 90s, should structure their drawdown plan differently. Every reasonably healthy Boglehead has “good grounds to believe they'll live to their late...
by azanon
Mon Aug 03, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 273
Views: 12471

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

My general understanding is that there are theoretical cases where a SPIA can be the top choice. But the parameters for that scenario being optimal are very narrow. I think that’s the general impression among Bogleheads, but it doesn’t seem to be true. The only cases I can find where a SPIA is flat...
by azanon
Mon Aug 03, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 273
Views: 12471

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

The podcast has prompted me to research further the issue of "longevity risk". Perhaps someone who has good grounds to believe they'll live to their late 90s, should structure their drawdown plan differently. Every reasonably healthy Boglehead has “good grounds to believe they'll live to their late...
by azanon
Sat Aug 01, 2020 7:41 am
Forum: Personal Consumer Issues
Topic: cost of Mazda CX-5 Touring?
Replies: 69
Views: 3829

Re: cost of Mazda CX-5 Touring?

I think people worry too much about price. Just go to Truecar and pick a price ~ on the great/excellent line, offer that (they'll take it), and then call it a day (don't buy any extras). The real money on cars is saved by keeping them a very long time, not obsessing over how much you paid for it. K...
by azanon
Thu Jul 30, 2020 3:56 pm
Forum: Personal Consumer Issues
Topic: Toyota RAV4 Gas vs Hybrid?
Replies: 64
Views: 3253

Re: Toyota RAV4 Gas vs Hybrid?

Easy choice - Gas.

There's a known issue that's still applicable where people aren't often able to fill up their hybrid RAV4 (current gen RAV4) by several gallons. Just google RAV4 hybrid fuel tank issue, or something similar to confirm. I wouldn't buy it!
by azanon
Wed Jul 29, 2020 8:01 am
Forum: Personal Consumer Issues
Topic: cost of Mazda CX-5 Touring?
Replies: 69
Views: 3829

Re: cost of Mazda CX-5 Touring?

I think people worry too much about price. Just go to Truecar and pick a price ~ on the great/excellent line, offer that (they'll take it), and then call it a day (don't buy any extras). The real money on cars is saved by keeping them a very long time, not obsessing over how much you paid for it. Ke...
by azanon
Fri Jul 24, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: Does mutual fund with 10% return, 1% expense exist and make sense?
Replies: 7
Views: 747

Re: Does mutual fund with 10% return, 1% expense exist and make sense?

What do you mean right after a crash? Give or take a few percentage points, the market is where it was BEFORE the crash.
by azanon
Thu Jul 23, 2020 7:58 am
Forum: Personal Consumer Issues
Topic: For 60k, a X5 or Tesla model Y?
Replies: 56
Views: 5158

Re: For 60k, a X5 or Tesla model Y?

whodidntante wrote:
Wed Jul 22, 2020 6:52 pm
My choice would be neither but luckily I can speak on behalf of the hive mind.

Too easy. Bogleheads only like car brands that start with "T."
Or L, if we're looking to splurge.
by azanon
Thu Jul 23, 2020 7:40 am
Forum: Investing - Theory, News & General
Topic: TSP Rollover to Vanguard or TD Ameritrade
Replies: 19
Views: 1361

Re: TSP Rollover to Vanguard or TD Ameritrade

To me the biggest risk with the TSP rollover, is either the losing or gaining institution messing up the rollover (e.g. sending you a check instead of a direct rollover) causing either a penalty or a taxable event. Don't they still actually mail a physical check to wherever you're rolling it over t...
by azanon
Wed Jul 22, 2020 2:43 pm
Forum: Personal Consumer Issues
Topic: For 60k, a X5 or Tesla model Y?
Replies: 56
Views: 5158

Re: For 60k, a X5 or Tesla model Y?

Those are some rough choices IMO - too bad a Lexus RX 350 isn't on the list.
by azanon
Wed Jul 22, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: TSP Rollover to Vanguard or TD Ameritrade
Replies: 19
Views: 1361

Re: TSP Rollover to Vanguard or TD Ameritrade

anyone have any thoughts feedback from rolling over TSP traditional funds to Vanguard or TD Ameritrade traditional IRA account? I'm not closing my TSP account, just moving some funds. I have small accounts in both Vanguard and TD Ameritrade and each have good factors; TD Ameritrade has more market ...
by azanon
Tue Jul 21, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: When does purchasing Umbrella Insurance Coverage makes sense?
Replies: 108
Views: 7060

Re: When does purchasing Umbrella Insurance Coverage makes sense?

I would say only if the majority of your liquid (investible) net worth is in taxable accounts and that aforementioned majority is at least 1 million dollars. 401(k) are generally fully protected, and IRAs in most states are (check first though). Any other scenario - not worth it IMO. Do have adequat...
by azanon
Tue Jul 21, 2020 4:29 am
Forum: Personal Finance (Not Investing)
Topic: It is okay to spend money on depreciating assets?
Replies: 51
Views: 3649

Re: It is okay to spend money on depreciating assets?

Hello. I m 31 and I will have 100k net worth by the end of the year. I save and invest a lot of my income around 70% and I have 0 debt. I was debating if I should buy a jet ski and side by side in the future but spending such a large amount of money on depreciating assets gives me anxiety. My goal ...
by azanon
Tue Jul 14, 2020 7:53 am
Forum: Personal Consumer Issues
Topic: My very first $martphone!!! Please help me decide.
Replies: 45
Views: 3043

Re: My very first $martphone!!! Please help me decide.

If you don't need Android, the latest iPhone SE looks (& has been reviewed many times as) really good. I'm not an Apple person, I've never owned an iPhone, but this latest SE has caught my attention a few times in the past month. I have the 2020 iphone SE and absolutely love it. Had droids for a fe...
by azanon
Mon Jul 13, 2020 5:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116694

Re: Vanguard's Wellesley Income fund is incredible

Those risk factors dont get adjusted in index funds - that's why I value them to diversify. I'm not sure you're getting my point: actively managed funds are not intelligently "adjusting" their exposure to these risk factors. If they were, that "timing skill" would show up a source of alpha. Instead...
by azanon
Mon Jul 13, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116694

Re: Vanguard's Wellesley Income fund is incredible

Those risk factors dont get adjusted in index funds - that's why I value them to diversify. I'm not sure you're getting my point: actively managed funds are not intelligently "adjusting" their exposure to these risk factors. If they were, that "timing skill" would show up a source of alpha. Instead...
by azanon
Mon Jul 13, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116694

Re: Vanguard's Wellesley Income fund is incredible

It didn’t outperform, though. please show me the data. I just did. See my exchange with willthrill81 above. I just skimmed it, but stopped when I saw you were benching VTINX to Total Stock market + IT Bond. In my opinion, that's a fairly worthless comparison. And as strong as growth has been since ...
by azanon
Mon Jul 13, 2020 1:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116694

Re: Vanguard's Wellesley Income fund is incredible

I just skimmed it, but stopped when I saw you were benching VTINX to Total Stock market + IT Bond. In my opinion, that's a fairly worthless comparison. And as strong as growth has been since 09, that'd be a tough comparison! If you want to see if it generated alpha, you'd at least start with a LC V...
by azanon
Mon Jul 13, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116694

Re: Vanguard's Wellesley Income fund is incredible

Go back 20 years, and Wellington significantly beats its benchmark. It didn’t outperform, though. please show me the data. I just did. See my exchange with willthrill81 above. I just skimmed it, but stopped when I saw you were benching VWINX to Total Stock market + IT Bond. In my opinion, that's a ...
by azanon
Sun Jul 12, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8458

Re: Gold as Part of a Portfolio?

With a required commission of 0.50% on the first $75,000? I think not. That's the commission for buying and selling the first $75k, not the storage fee (which is always 0.12%, subject to a minimum amount). Are you a gold day trader? No, but we bogleheads do this think called rebalancing periodicall...
by azanon
Sun Jul 12, 2020 7:08 am
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8458

Re: Gold as Part of a Portfolio?

for people trying to 'time' gold's movements by purchasing it on an upward bounce, with the hopes of selling before it drops. That's not investing. It's speculating. Good point. Thats a major difference. Accepting that, buying a stock today expecting to sell it in 15 years when I retire at a higher...
by azanon
Sat Jul 11, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8458

Re: Gold as Part of a Portfolio?

expense ratio of short term tips fund with vanguard is 0.06% (regular tips 0.10%) vs. 0.25% for iau (cheapest gold etf) and it's designed to deal with inflation, unlike gold which may or may not be an inflation hedge. The cheapest (and best) way to hold gold is BullionVault: 0.12%. The security of ...
by azanon
Fri Jul 10, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: What are the large uninsured expenses in retirement?
Replies: 69
Views: 4095

Re: What are the large uninsured expenses in retirement?

The kind of people that pay full price instead of a deductible for a new roof, are the same people that actually file a use tax form. Where I live, there's a hail storm most every year. :beer If this were generally true, which I doubt, then you and your neighbors are pre-paying for your roofs by th...
by azanon
Fri Jul 10, 2020 1:54 pm
Forum: Personal Consumer Issues
Topic: What are the large uninsured expenses in retirement?
Replies: 69
Views: 4095

Re: What are the large uninsured expenses in retirement?

In order to prepare for the possible surprises in retirement, I am interested in knowing some of the largest expenses in retirement that are not covered by normal insurances? I will list a few that I am thinking about. (1) Roof replacement ($10K?) (2) HVAC replacement ($10K?) (3) Care replacement (...
by azanon
Fri Jul 10, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8458

Re: Gold?

Bogleheads: A friend sent me this: "Gold is for hoarders who expect to trade glittering bars for stale bread after a financial Armageddon. Or it's for people trying to 'time' gold's movements by purchasing it on an upward bounce, with the hopes of selling before it drops. That's not investing. It's...
by azanon
Fri Jul 10, 2020 7:47 am
Forum: Investing - Theory, News & General
Topic: Permanent Portfolio in a low interest environment
Replies: 32
Views: 4200

Re: Permanent Portfolio in a low interest environment

Permanent Portfolio is very similar to Risk Parity strategy on the point that it's a portfolio designed to be agnostic to whatever economic period it's being held in. So if you're trying to "time" selecting a right portfolio for a particular economic period, then I'd scratch these off your list sinc...
by azanon
Fri Jul 10, 2020 7:31 am
Forum: Investing - Theory, News & General
Topic: DFA Small-Cap Value has now underperformed since inception
Replies: 111
Views: 6684

Re: DFA Small-Cap Value has now underperformed since conception

I dont follow this. I see that DFSVX chart has generally been higher than VTSAX for more years than v.v. What am I missing. The OP is only looking at the end point. :D I fail to see the point of the thread in that case, I can always find such low points for virtually every index fund. The point is ...
by azanon
Thu Jul 09, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1174
Views: 187539

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I assume that this issue is with all Honda 1.5T engines and it has not yet been resolved? I was looking at a new 2019 Honda Accord yesterday and I remembered this thread. Same question - looking at a 2020 CR-V myself. This has been fixed in the new ones right? I'm assuming so since they're selling ...
by azanon
Tue Jul 07, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Please suggest a Credit Card
Replies: 36
Views: 2372

Re: Please suggest a Credit Card

Citi Double Cash fits that bill. I know there are others too, but I can't think of them at the moment. If you're willing to put in more effort keeping track of spending categories etc, then you can get cards with higher percentage cash back on groceries. I forget which cards. I'd avoid citi double ...
by azanon
Sat Jul 04, 2020 7:08 am
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 113
Views: 5942

Re: New 4K TV: LED, QLED or OLED?

Bottom line - too bad that plasma's lost support and that 4K versions aren't around today. IMO they provided the best overall experience, even superior to OLED, if you count the fact that they don't have the aforementioned issue. Not necessary a better picture to OLED - OLED gets that award - but o...
by azanon
Sat Jul 04, 2020 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Please suggest a Credit Card
Replies: 36
Views: 2372

Re: Please suggest a Credit Card

Something with 2% cash back on all purchases and no annual fee, no funny business such as different percentages by purchase type, caps on reimbursement, and / or rotating categories by month. Citi Double Cash fits that bill. I know there are others too, but I can't think of them at the moment. If y...
by azanon
Thu Jul 02, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Please suggest a Credit Card
Replies: 36
Views: 2372

Re: Please suggest a Credit Card

Something with 2% cash back on all purchases and no annual fee, no funny business such as different percentages by purchase type, caps on reimbursement, and / or rotating categories by month. Citi Double Cash fits that bill. I know there are others too, but I can't think of them at the moment. If y...
by azanon
Wed Jul 01, 2020 12:58 pm
Forum: Personal Consumer Issues
Topic: Seeking input on type of family car to purchase and whether to buy new or used
Replies: 37
Views: 1518

Re: Seeking input on type of family car to purchase and whether to buy new or used

Thanks for all of the replies. I went ahead and signed up for consumer reports which is very helpful. I was very interested in the VW Golf Sportwagen, but learned that VW cars are built to last for 100k miles while the Japanese manufacturers are built to go 200k+. I hear those that say not to under...
by azanon
Tue Jun 30, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: At what point can you justify a $10k+ flight?
Replies: 75
Views: 4634

Re: At what point can you justify a $10k+ flight?

I’ve taken in the past business class flights for almost $5k (only twice) and it was a total delight given that the flights were over 12 hours each way. I think $5k is reasonable but at what point in your budget can you justify spending over $10k on a roundtrip flight when the same flight on Coach ...
by azanon
Tue Jun 30, 2020 12:21 pm
Forum: Investing - Theory, News & General
Topic: Was Vanguard's LifeStrategy Funds ACTIVELY Managed in the Past?
Replies: 13
Views: 930

Re: Was Vanguard's LifeStrategy Funds ACTIVELY Managed in the Past?

Yes, Vanguard has a long track record of putting three good funds and one flaky fund into their LifeStrategy funds. In the old days, the flaky fund was that Asset Allocation thing. Generated a lot of hubris with its wild swings between stocks & bonds, but ended up just reducing returns. These days ...
by azanon
Mon Jun 29, 2020 1:51 pm
Forum: Personal Investments
Topic: Vanguard Digital Advisor "algorithm change"
Replies: 57
Views: 4989

Re: Vanguard Digital Advisor "algorithm change"

All these threads about PAS and whatever advisors are very funny to me. It's like someone letting their friend drive their car and then getting mad at how they drive. If you know better, why not do it yourself? False analogy - it's not even close really. If you pay for a service - any service - you...
by azanon
Mon Jun 29, 2020 12:56 pm
Forum: Personal Investments
Topic: Vanguard Digital Advisor "algorithm change"
Replies: 57
Views: 4989

Re: Vanguard Digital Advisor "algorithm change"

I logged into it and confirmed the same thing - a switch of 20% equities. If you ask me, that's an absolute disaster. They should have never started the pilot without having the asset allocation strategy set in stone. I'd have wanted some sort of detailed explanation why the drastic change. I could ...
by azanon
Thu Jun 25, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: Volatility is NOT Risk, Bogle
Replies: 39
Views: 3559

Re: Volatility is NOT Risk, Bogle

Oh no, I have some really bad news then. Volatility, and it's many variations (Drawdowns, Standard Deviation, Sharpe Ratio/Sortino Ratio, etc), is the way most investment professionals measure risk. One can disagree with whatever they want, but that's how it's usually done.
by azanon
Wed Jun 24, 2020 2:24 pm
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 113
Views: 5942

Re: New 4K TV: LED, QLED or OLED?

For new stuff coming out (including both movies and top tier streaming series) 4K is the norm, not the exception now. I use Netflix mostly with 4K support, so yeah the new stuff is usually UHD, and also even Atmos sound a lot of the time. Or more specifically, my particular streamer will say "Visio...
by azanon
Wed Jun 24, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 113
Views: 5942

Re: New 4K TV: LED, QLED or OLED?

Comparisons of OLED vs. Plasma aren't really possible anymore anyway, since to my knowledge, a 4K plasma was never made. I have a flagship Panasonic 65" plasma that was made one year before they weren't made at all anymore, and it's just 1080p. It is 2020 and there's still very little 4K content ou...
by azanon
Wed Jun 24, 2020 11:24 am
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 113
Views: 5942

Re: New 4K TV: LED, QLED or OLED?

I have a Sony OLED 65" (last year's model) and although it's nice, it does have one issue my plasma never had, which is on some content I actually notice a stutter, or stuttering. I believe the way it was explained somewhere, is that it's so fast at "drawing" or refreshing the screen, that it gets ...
by azanon
Wed Jun 24, 2020 11:20 am
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 221
Views: 11606

Re: What is the single best piece of exercise equipment you bought for your home?

A TotalGym. If i didn't have a real gym, I'd probably just use that. Does everything but cardio.
by azanon
Wed Jun 24, 2020 11:14 am
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 113
Views: 5942

Re: New 4K TV: LED, QLED or OLED?

I have a Sony OLED 65" (last year's model) and although it's nice, it does have one issue my plasma never had, which is on some content I actually notice a stutter, or stuttering. I believe the way it was explained somewhere, is that it's so fast at "drawing" or refreshing the screen, that it gets a...
by azanon
Tue Jun 23, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13863

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

in #1, WCI states "there is nobody who can actually speak for the entire community and there is actually very little that the vast majority of the community agrees on". Then he titles the article "Top 10 Things Bogleheads Get Wrong". :confused Just saw the thread and I knew 3 pages deep, there'd be...
by azanon
Sun Jun 21, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: AWD van or no AWD but with winter tires?
Replies: 89
Views: 4337

Re: AWD van or no AWD but with winter tires?

Regarding tires, there are a handful of all-seasons that have the 3PMSF (mountain snow) rating. Michelin CrossClimate, Firestone WeatherGrip, Goodyear Assurance WeatherReady come to mind. They will not be as good as true winter tires but much better than typical all-seasons. That would eliminate ha...