Search found 7134 matches

by Phineas J. Whoopee
Fri Aug 17, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 20
Views: 912

Re: PITI 20% to 30% lower than renting

KlangFool wrote:
Fri Aug 17, 2018 12:48 pm
...
1) This is for folks that the house not as an investment but purely as an expense.
...
This thread is for people who fool themselves into disbelieving that a house has value - it can be sold - and therefore is an asset.

PJW
by Phineas J. Whoopee
Wed Aug 15, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: How do index funds affect stock valuations?
Replies: 15
Views: 791

Re: How do index funds affect stock valuations?

What if everybody indexed? PJW Although the topic title would seem to imply this google search is relevant to OP's question, it is in fact not. Thank you, triceratop. I believe the fundamental error is supposing the accounting convention for stock prices is something other than the most recent tran...
by Phineas J. Whoopee
Wed Aug 15, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: Is short-term dollar-cost averaging (e.g. across 1 week) beneficial?
Replies: 21
Views: 1108

Re: Is short-term dollar-cost averaging (e.g. across 1 week) beneficial?

Over the very short term stock market fluctuations are all but random. I don't see how going in over a few days in a row would be expected to result in any systematic advantage. I also don't see how it would result in a disadvantage, barring additional transaction costs as noted upthread.
PJW
by Phineas J. Whoopee
Sun Aug 12, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2368

Re: Which is better?

mortfree wrote:
Sat Aug 11, 2018 8:10 pm
Is someone really a BH if they don’t know these two symbols by now?

Should be a pre-requisite.
...
Yes.

The Bogleheads investment philosophy makes no mention of memorizing ticker symbols, one way or the other.

PJW
by Phineas J. Whoopee
Sun Aug 12, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3143

Re: Is your monthly expense really that stable or in reality, pretty volatile?

... If you read a story someone else wrote, and I make one up, then yeah. I don't think we have the same story, if you need a plan to control your spending and I don't . Thank you, Earl Lemongrab, for making my point for me. Just like my elderly relative who barely gets by anti-budget people imply ...
by Phineas J. Whoopee
Sun Aug 12, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3143

Re: Is your monthly expense really that stable or in reality, pretty volatile?

... Budgets are for those that need them. It's a tool. In the right circumstances, you should have one. Others have no need. I don't need to control spending with a budget because I have "internal" control over it through innate frugality. Every purchase I make has been carefully considered, either...
by Phineas J. Whoopee
Sun Aug 12, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3143

Re: Is your monthly expense really that stable or in reality, pretty volatile?

I think there's a meme , as originally defined, not an ironic picture with text on it, that budgeting is terrible and inflexible and nobody in the real world possibly can follow it. I have an elderly relative who for years has said budgets are for poor people . He barely scrapes by month to month. A...
by Phineas J. Whoopee
Sat Aug 11, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8292

Re: The Bigger Story: Fidelity Expense Ratios

I think you'll see Vanguard follow Fidelity's fees lower , so i don't know if I would change fund families just yet if you're happy with Vanguard. ... Vanguard reports expense ratios after the fact. They try not to spend too much, then at the end of the fund's fiscal year they say how the proportio...
by Phineas J. Whoopee
Fri Aug 10, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6165

Re: Paper checks yes or no?

I seldom, which is to say more often than never, write them, therefore I make a point of having some paper checks for any checking account. The most recent one I wrote was only a couple of months ago, to pay somebody an amount I had agreed to reimburse them for, and they did not like personal electr...
by Phineas J. Whoopee
Thu Aug 09, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Have you rebalanced to bonds this year?
Replies: 25
Views: 2157

Re: Have you rebalanced to bonds this year?

I have not, although I'm within 1% of portfolio from the limit of my tolerance band. Should it be triggered, then yes I'll rebalance. If not then I won't.
PJW
by Phineas J. Whoopee
Thu Aug 09, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: Indices vs indexes
Replies: 4
Views: 505

Re: Indices vs indexes

I used to use indices, but now I write for a more US-centric audience and have switched to indexes. I also switched from the data are to the data is . I think it depends on who you're writing for. When writing globally I preferred to annoy US readers who nonetheless could understand what I was sayin...
by Phineas J. Whoopee
Thu Aug 09, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Do Airlines measure checked baggages?
Replies: 33
Views: 2059

Re: Do Airlines measure checked baggages?

Some airlines may not strictly enforce their rules for baggage that's slightly oversized, but I bet it's only for frequent flyers and those who paid for more expensive tickets. I have not known any airline, and I've flown quite a lot of them, to pass on an opportunity to charge a fee to a non-prefer...
by Phineas J. Whoopee
Thu Aug 09, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock and Total Bond Market(s) at Vanguard
Replies: 22
Views: 2815

Re: Total Stock and Total Bond Market(s) at Vanguard

What particular sections are not covered in the total Stock and Total bond Market(s). Hi yousha. The first point is not to fixate on a fund's name. Its name can mean one thing to someone, and another thing to someone else. Any index fund follows an index, so it depends on what the index specifies. ...
by Phineas J. Whoopee
Wed Aug 08, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord advice needed with section 8
Replies: 38
Views: 3546

Re: Landlord advice needed with section 8

My only comment, which is not practically helpful in the present case, is those planning to start a business, including entering the landlording business, should carefully evaluate and account for their risks before committing.
PJW
by Phineas J. Whoopee
Wed Aug 08, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: Bonds during stock market correction?
Replies: 1
Views: 375

Re: Bonds during stock market correction?

Quick question: What happens to government and corporate bonds if/when we have a significant market correction? Quick answer: Investment-grade bonds and stocks have a near-zero correlation. That means if stocks go down bonds could stay the same, go down, or go up. There is no reliable zig-zag effec...
by Phineas J. Whoopee
Wed Aug 08, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Best over the counter stock mutual fund?
Replies: 9
Views: 1088

Re: Best over the counter stock mutual fund?

... Nasdaq traded stocks are known as OTC (over the counter). It’s Megacap tech now, but in the past those equities were not valued quite as steeply as they are today. There are other companies that trade OTC, but depending on profitability screens may not qualify for inclusion in Fidelitys fund. Y...
by Phineas J. Whoopee
Wed Aug 08, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: reserve currency and real household income
Replies: 3
Views: 357

Re: reserve currency and real household income

What percent would REAL household income go down once us dollar stop being a reserve currency? is there a way to estimate that? Hi Econberkeley. There's no way to forecast when the event will happen, nor whether gradually or suddenly, nor under what circumstances. Furthermore, talking about real in...
by Phineas J. Whoopee
Wed Aug 08, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: How safe is VTIP?
Replies: 31
Views: 2135

Re: How safe is VTIP?

Hi wtfire.

You may wish to begin your investigation into bonds of all types and maturities at our wiki page Bond basics.

PJW
by Phineas J. Whoopee
Tue Aug 07, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: Moving soon; whom to hire to help me move?
Replies: 27
Views: 2240

Re: Moving soon; whom to hire to help me move?

The answer depends on whether your move is intra-state or iter-state. Licensed interstate movers use a tractor-trailer picture in their advertisements and listings. Intrastate movers don't. Be sure you use somebody licensed. In my most recent interstate move, almost two decades ago, the licensed fir...
by Phineas J. Whoopee
Tue Aug 07, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: How safe is VTIP?
Replies: 31
Views: 2135

Re: How safe is VTIP?

wtfire - I see you joined two days ago. Welcome. It's customary here to write out the names of funds, not just to give their ticker symbols which many of us don't have memorized. Because you're new there's no need to worry. You'll know next time. This time let me do it: Vanguard Short-Term Inflation...
by Phineas J. Whoopee
Tue Aug 07, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: How safe is VTIP?
Replies: 31
Views: 2135

Re: How safe is VTIP?

GAAP wrote:
Tue Aug 07, 2018 5:51 pm
It would help to know what OP meant by "safe" -- protection of principal, protection or growth of real value, FDIC insurance? Different answers for different questions.
I agree. Safe, along with best, is among the most ambiguous words posted on this forum.

PJW
by Phineas J. Whoopee
Tue Aug 07, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: How safe is VTIP?
Replies: 31
Views: 2135

Re: How safe is VTIP?

Well, in fact, TIPS mutual funds and ETFs, the subject of the question, do distribute the inflation adjustments. In order to keep up with inflation as it compounds at least that much of the distributions must be reinvested.

Individually-held TIPS do not distribute them.

PJW
by Phineas J. Whoopee
Tue Aug 07, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: [Question] Does History at any point give an example of a complete market crash?
Replies: 8
Views: 835

Re: [Question] Does History at any point give an example of a complete market crash?

Rental building landlords in Atlanta were pretty much wiped out in 1864. I don't know if that's a whole civilization collapse. I suppose it depends on one's political opinion about what civilization is, so let's not go into it. The Chicago fire of 1871 and the San Francisco earthquake of 1906 must h...
by Phineas J. Whoopee
Mon Aug 06, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Certificate of Authenticity for Autograph of Richie Ashburn
Replies: 7
Views: 754

Re: Certificate of Authenticity for Autograph of Richie Ashburn

If the (eventual) buyer can't tell the autograph is authentic without a certificate of authenticity, how will they know whether the certificate is authentic?
PJW
by Phineas J. Whoopee
Sun Aug 05, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: WSJ - How Brokers Make More On Your Cash Than You Do.
Replies: 28
Views: 3986

Re: WSJ - How Brokers Make More On Your Cash Than You Do.

... So.....if I had cash in that money-market fund (I don't), Morgan Stanley would tell me that they are taking my cash, which is currently yielding 1.8%, move it to bank account that is earning much less...... How does that work? The answer, if there is one, is in the brokerage contract. They prob...
by Phineas J. Whoopee
Sun Aug 05, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: WSJ - How Brokers Make More On Your Cash Than You Do.
Replies: 28
Views: 3986

Re: WSJ - How Brokers Make More On Your Cash Than You Do.

Hi OP. Your question is a subset of the how can brokers stay in business with low commissions one. Consumers like you and me are used to earning interest at most daily. Large institutions can make interest even if only for a few hours. That's one thing they can do. There are also, off the top of my ...
by Phineas J. Whoopee
Fri Aug 03, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Is SEC yield of any value?
Replies: 42
Views: 5065

Re: Is SEC yield of any value?

How can there be a decades-long bull market with ongoing capital appreciation in securities that mature in no more than thirty years? PJW Continually rolling over bonds , like a bond fund does. Rolling over 30-year zero-coupon bonds (or any 30-year bond, or any long term bond that you could actuall...
by Phineas J. Whoopee
Tue Jul 24, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Is SEC yield of any value?
Replies: 42
Views: 5065

Re: Is SEC yield of any value?

How can there be a decades-long bull market with ongoing capital appreciation in securities that mature in no more than thirty years? PJW Continually rolling over bonds , like a bond fund does. Rolling over 30-year zero-coupon bonds (or any 30-year bond, or any long term bond that you could actuall...
by Phineas J. Whoopee
Tue Jul 24, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Question about share dilution
Replies: 26
Views: 1541

Re: Question about share dilution

barnaclebob wrote:
Tue Jul 24, 2018 12:15 pm
... Then comes the reverse split which is really bad.
Aside from the fact that reverse splits are most usually undertaken when the share price has greatly fallen, what's wrong with them?

PJW
by Phineas J. Whoopee
Tue Jul 24, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Question about share dilution
Replies: 26
Views: 1541

Re: Question about share dilution

... Theoretically the share issuance would have been approved by the Management who reports to the board of directors who are elected by the shareholders. So theoretically you did give your permission, just in a super-attenuated way. Not arguing with your main point, but although management may rec...
by Phineas J. Whoopee
Tue Jul 24, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Is SEC yield of any value?
Replies: 42
Views: 5065

Re: Is SEC yield of any value?

How can there be a decades-long bull market with ongoing capital appreciation in securities that mature in no more than thirty years?
PJW
by Phineas J. Whoopee
Tue Jul 24, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Daughter wants to travel on her own to Montreal
Replies: 105
Views: 6778

Re: Daughter wants to travel on her own to Montreal

If she's 18 she's an adult. Unless you're paying she does what she wants.
PJW
by Phineas J. Whoopee
Mon Jul 23, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to change one's career in their 40s?
Replies: 88
Views: 7699

Re: Is it possible to change one's career in their 40s?

Is there something you want to move away from IT and in to? It sounds like not. You want to keep earning and have heard about ageism in IT. It's real. It may or may not apply to any particular individual or organization, but it's real. If not, then I suggest careful consideration of what you can con...
by Phineas J. Whoopee
Mon Jul 23, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7771

Re: Engineers come in.

... The rule of thumb we used was three hours of study for each hour of lecture. Microwave was the exception that almost killed me. It required about five hours. That's a pretty commonly-used rule of thumb. A three semester-hour undergraduate course takes about nine to twelve hours per week. I've b...
by Phineas J. Whoopee
Mon Jul 23, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7771

Re: Engineers come in.

My career has been varied, but parts of it, especially the earlier parts, can validly be called engineering. I didn't cruise through, but rowed through my Calculus semesters, and got As. Only in one graduate course was I ever called upon to find the area under the curve, and yet I use the skills I l...
by Phineas J. Whoopee
Sun Jul 22, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 2283

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

Hi BogleMelon.

I understand many of our suggestions, including mine, turn out to be impractical under your recently more detailed circumstances, but you're likely to get more and better suggestions if you don't attack those making the suggestions you solicited.

PJW
by Phineas J. Whoopee
Sun Jul 22, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Suggestions About Simulating Homemade Chicken Stock
Replies: 28
Views: 1622

Re: Suggestions About Simulating Homemade Chicken Stock

Thanks jlawrence01. My mass-cooking events don't usually include a turkey, but somewhere around mid-November to mid-December, I don't know why :wink: , turkey necks and wings show up at retailers in my vicinity. Yes, I can see some roasted then simmered bony turkey parts would make fantastic stock. ...
by Phineas J. Whoopee
Sun Jul 22, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Suggestions About Simulating Homemade Chicken Stock
Replies: 28
Views: 1622

Re: Suggestions About Simulating Homemade Chicken Stock

Thanks everyone for your suggestions, many of which are very good. I'm constrained by location, equipment, and square feet, so I can't use most of them, but the ones I can I will, especially the nighttime one, and thanks for your efforts. Maybe your suggestions will help other people, too. Thank you...
by Phineas J. Whoopee
Sun Jul 22, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 2283

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

If you do drive and park, don't do what I did a couple of years back.......i.e. book weekend vacation several months prior, drive to JFK, park, have a fun weekend in Colorado, and then realize on the late night flight home that I'd booked to fly back to LGA because it was cheaper. :oops: One time I...
by Phineas J. Whoopee
Sat Jul 21, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Suggestions About Simulating Homemade Chicken Stock
Replies: 28
Views: 1622

Suggestions About Simulating Homemade Chicken Stock

It's hot here. Very hot. Occasionally there's a less-hot day, but it's hot here, and we're not even finished with July yet. In 2017 I acted on the foresight that I probably would run out of homemade stock during the summer, so I made a couple of extra batches. My foresight was no less accurate this ...
by Phineas J. Whoopee
Fri Jul 20, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Short versus Intermediate Term Bond
Replies: 57
Views: 5176

Re: Short versus Intermediate Term Bond

abuss368 wrote:
Fri Jul 20, 2018 6:03 pm
...
In my opinion any investment grade low cost bond fund that is short or intermediate term will do the job of providing safety and income to an investment portfolio.
It's as if I've read those words in that order from an uncredited poster.

PJW
by Phineas J. Whoopee
Fri Jul 20, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 2283

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

Here's what I would do. I try not to spend much money on airport transportation. Other people have different preferences. 1) Get yourself to Newark airport in a cost-effective way, taking into account all the luggage you're bringing. Preferably you'll end up at arrivals, not departures. 2) Take an i...
by Phineas J. Whoopee
Thu Jul 19, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: Why age is not how to determine risk tolerance
Replies: 17
Views: 2191

Re: Why age is not how to determine risk tolerance

Here's what I did , and a couple of years later I answered some questions about it . For the record, I think an age-based asset allocation approach will be far more practical for most investors. It's easy to imagine becoming 60 years old, but hard to imagine having twenty or thirty times one's annu...
by Phineas J. Whoopee
Tue Jul 17, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7183

Re: Anyone not have a Budget?

NYnative wrote:
Tue Jul 17, 2018 12:57 pm
Why? As long as spending is below income and what you put in savings, what's the point of a spending plan. Sounds like just another name for a budget.
I would say that is a spending plan.
PJW
by Phineas J. Whoopee
Tue Jul 17, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7183

Re: Anyone not have a Budget?

Anyone not have a spending plan?
PJW
by Phineas J. Whoopee
Mon Jul 16, 2018 4:26 pm
Forum: Investing - Theory, News & General
Topic: Flat real yield curve
Replies: 7
Views: 1279

Re: Flat real yield curve

VAIPX intermediate TIPS, duration is 7.6 years. SEC (real) yield is 0.61%. VTAPX short-term TIPS, duration is 2.7 years. SEC (real) yield is 0.57%. I guess the market very much expects real rates to fall. Maybe that, but also because investors increasingly view long term inflation protection as mor...
by Phineas J. Whoopee
Sun Jul 15, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 6781

Re: Are Credit Cards Actually Convenient?

Yes, in my experience credit cards are convenient, and I never * buy anything using one I can't pay off when the bill comes. I had a card declined one time due to suspected fraud. The card issuer told me later they tried to phone me to verify it was legitimate. Although online they had my number, in...