Search found 18 matches

by richrf
Tue Sep 11, 2007 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum or dollar cost averaging right now??
Replies: 52
Views: 15197

But don't worry about what is best - nobody knows, so whatever you'll stick with is probably the right choice. Linda I agree. I think any investor should always ask themselves one questions: "What's the rush"? If they can answer that question, then by all means lump sum. But since no one knows what...
by richrf
Tue Sep 11, 2007 9:58 am
Forum: Investing - Theory, News & General
Topic: [poll] Will the Fed Cut Interest Rates and Should they?
Replies: 12
Views: 2512

One could argue that having rates excessively high to begin with while having little in the way of inflation to fret over isn't a great precedent either. Not only is the current wealth-destroying bursting real estate bubble counterinflationary, so are high oil costs. IMHO. 25 basis point cut, and t...
by richrf
Mon Sep 10, 2007 7:13 pm
Forum: Investing - Theory, News & General
Topic: [poll] Will the Fed Cut Interest Rates and Should they?
Replies: 12
Views: 2512

A really tough call. The Libor rates, which are often used for mortgages, have shot up. Probably because of inflation concerns, should the Fed start printing money again in abundance (there is plenty sloshing around the world as it is). The Yen carry trade is also in danger as the dollar falls. The ...
by richrf
Mon Sep 10, 2007 10:45 am
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

For lots of reasons I don't think the US is anywhere near that bad (but I wouldn't, would I?): - PE ratios of stocks are a fraction of the Japanese 1990 level - US companies (ex financials, which are nearly 30% of the market) don't make their money purely by financial speculation (I hope) which Jap...
by richrf
Mon Sep 10, 2007 10:28 am
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

No they are going to be hounded into personal bankruptcy despite it being more difficult and painful post the 2005 Bankruptcy Act. The debt is not just cancelled, if it exceeds the value of the house (which it will do, as forced sales of housing contribute to a downward pricing spiral). And it will...
by richrf
Mon Sep 10, 2007 10:18 am
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

Hardly merely a social concern. Anyone here heard of the Great Depression? Lots of homeless people will: 1. sharply raise local tax burdens due to higher law enforcement and other costs. Homeless families are expensive, ask any school district. 2. depress economic activity generally, and most impor...
by richrf
Mon Sep 10, 2007 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Lump sum or dollar cost averaging right now??
Replies: 52
Views: 15197

Since it is impossible for someone to say that they can tolerated X% risk until they have actually been through it, I believe it is best to test the waters slowly. If someone is really in the market for the long term, the short term doesn't really matter.
by richrf
Sun Sep 09, 2007 10:28 pm
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

Rich, PULEESE, "Landlords are unlikely to rent to someone with no savings, NO INCOME , or no credit. That type of lending belongs to institutions like Countrywide." I sincerely doubt that Countrywide, or anybody else, ever lent a DIME to anybody with NO INCOME. Your bleeding heart is beginning to d...
by richrf
Sun Sep 09, 2007 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum or dollar cost averaging right now??
Replies: 52
Views: 15197

I'm in a similar situation. I will probably average in over time, for a couple of reasons: 1) It gives me a chance to learn more about myself and how I react to the market. 2) I don't see any reason to rush to do it faster. I like giving myself wiggle-room. If I am thinking long term, 360 days from ...
by richrf
Sun Sep 09, 2007 9:22 pm
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

Hey, Rich, Those who lose their houses ain't gonna be out on the streets homeless, they are just going to have to live in rental housing like I did for the first 38 years of my life. And if they had a zero down mortgage, they should be thanking their lucky stars for their fortune. Chris This would ...
by richrf
Sun Sep 09, 2007 8:27 pm
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

Trust me on this Rich. If you don't make your mortgage payments someone will contact you, and it won't be some shop owner in some northern suburb of Shanghai. 8) Bob K Yes, there are companies that are servicing the loans, and they will try to collect. To what extent they can actually renegotiate t...
by richrf
Sun Sep 09, 2007 8:06 pm
Forum: Investing - Theory, News & General
Topic: VG to reopen Healthcare, PM & Mining, PrimeCap, Explorer
Replies: 26
Views: 7699

You will not find nicer reps on the phone than with Schwab, that's for sure. If you are willing to pay 12.95 per month to buy the VIPERs, it's not a bad idea. For higher net worth investors who don't make the cut for institutional shares, the .02 difference in ER between .09% admiral and .07% VIPER...
by richrf
Sun Sep 09, 2007 8:03 pm
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

Re: TFB

It seems to me that the lender has an option in this situation. The lender can foreclose the mortgage and take-on all the equity risk. Or, the lender can do a workout with the borrower and renegotiate a lower interest rate in exchange for a shared appreciation mortgage and take-on some of the equit...
by richrf
Sun Sep 09, 2007 12:18 pm
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19134

Re: A Potential Cure for Sympathetic Bias by Credit Agencies

I am less concerned about institutional investors (who are playing in an adults-only game: if they can't see the conflicts of interest inherent in the ratings agencies, then what are they doing as investors?) than I am about the problems of 'work out' for overleveraged homeowners. We now have homeo...
by richrf
Sun Sep 09, 2007 11:44 am
Forum: Investing - Theory, News & General
Topic: VG to reopen Healthcare, PM & Mining, PrimeCap, Explorer
Replies: 26
Views: 7699

So lets get a little closer to Diehards hearts: would folks move other assets to VG to get Flagship status if they made INTL Explorer available to Flagship customers? :twisted: Paul PS Bwahahaha :lol: I do not think this would affect my decision, whether or not to stay with Vanguard. This thread ve...
by richrf
Sat Sep 08, 2007 1:52 am
Forum: Investing - Theory, News & General
Topic: VG to reopen Healthcare, PM & Mining, PrimeCap, Explorer
Replies: 26
Views: 7699

I sometimes feel that Vanguard has moved away from smaller old customers like me with less than half a million dollars. Orchidmil Don't feel bad. I have over a million at Vanguard and the service is still pretty much non-existent. The only reason I am still at Vanguard is because the service is eve...
by richrf
Mon Aug 27, 2007 11:40 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1119
Views: 634053

Hi all, This is my first post. Can someone briefly explain to me the differences in how Nominal and Real Growth are calculated in this spreadsheet model? Appreciate it. Rich Nominal would be the value of your Asset Allocation at the time specified in the spreadsheet. Real Value specifies the value ...
by richrf
Mon Aug 27, 2007 7:37 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1119
Views: 634053

Hi all,

This is my first post.

Can someone briefly explain to me the differences in how Nominal and Real Growth are calculated in this spreadsheet model? Appreciate it.

Rich