Search found 3094 matches

by arcticpineapplecorp.
Fri Sep 21, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Are We Headed For A Passive Index Meltdown?
Replies: 36
Views: 5683

Re: Are We Headed For A Passive Index Meltdown?

What a ridiculous article, filled with misinformation. The dot-com meltdown was triggered by institutions rebalancing? Pulease. The crash in 2000 was triggered by the end of Y2K spending, a major driver of tech spending during the tech bubble. Sometimes we don't really know what actually causes the...
by arcticpineapplecorp.
Fri Sep 21, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Timing vs planning -- what would you do?
Replies: 8
Views: 573

Re: Timing vs planning -- what would you do?

We're 61, both self-employed, probably not fully retiring until 70 or close to it, because I want to wait for my SS. So no more than 9 years max of my full income earning possible; husband's could even lessen. Nice very low 7 figure portfolio that we are still adding to, and once house is paid in 3...
by arcticpineapplecorp.
Fri Sep 21, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgages - Pros, Cons
Replies: 37
Views: 2392

Re: Reverse Mortgages - Pros, Cons

Research? You call this research? Never heard of this guy so I read thru the link. Guess what, gee, in order to learn the secrets of reverse mortgages, you hafta Buy His Book! What a load of baloney. :P :P :P Just because you haven't heard of him doesn't mean he's not a trusted and highly valuable ...
by arcticpineapplecorp.
Fri Sep 21, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 55
Views: 4921

Re: Don't trust Tripadvisor reviews

Not sure when people will realize this but most reviews online are fake. It’s a huge business, especially on Amazon. Go look at a site like Trustpilot, businesses pay them to contact their “customers” to solicit positive reviews. Companies end up competing in ranking wars just like SEO wars. Whatev...
by arcticpineapplecorp.
Mon Sep 03, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3146

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

The people you're buying the shares from therefore think the stock price will go down in the future, while you think it will go up. Only one will be right. yeah but doesn't the same idea apply to indexing? You also buy individual shares when you index, so someone must be selling them. You may buy s...
by arcticpineapplecorp.
Mon Sep 03, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3146

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

The total for the 2 stocks (2 millions) would be 30% of our liquid worth though well below 20% of our worth if we consider our rental properties. Yes you are right, of course it would have been much better to spot them earlier on when they were smaller. I was solely interested in real estate though...
by arcticpineapplecorp.
Mon Sep 03, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3146

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

That'd be 15% of our liquid worth though well below 10% if we consider our rental properties. Yes you are right, of course it would have been much better to spot them earlier on when they were smaller. I was solely interested in real estate though at the time; so I missed out. Yes, as MiddleoftheRo...
by arcticpineapplecorp.
Mon Sep 03, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3146

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

steve321, do you have any more specific questions on this topic? It looks like things are getting repetitive, and all sides of the issue have been discussed. prudent, I have a question on the risks you mentioned in you previous post; basically if it's so risky why are people who have gotten very ri...
by arcticpineapplecorp.
Mon Sep 03, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3146

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

ok but I remember that Charlie Munger spoke of Nobel Prize winner who was having his own money managed by Bershire whilst extolling the qualities of idexing. Also, if concentrating is so silly, why does someone as smart as Bezos do it? Charlie can apparently afford to take the risk. But Warren has ...
by arcticpineapplecorp.
Mon Sep 03, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3146

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

. Whoever made that comparison has no idea what they’re talking about. It's in the Youtube video I posted the link to above. Towards the end if my memory serves me He says that they invest in plenty of small tech companies, it's a conglomerate like Berkshire. Re-read your statement. If you look clo...
by arcticpineapplecorp.
Mon Sep 03, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5545

Re: Does it make sense to invest in individual stocks if you stick to what you know?

The doctors I know investing in individual stocks outperform index funds, sometimes quite a lot. If they didn't, they wouldn't be doing it. then why aren't they stockjobbers instead of doctors? Wouldn't they make more money picking stocks if they can outperform index funds? I'm not buying this clai...
by arcticpineapplecorp.
Mon Sep 03, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5545

Re: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?

by the way, the fine folks who worked at Enron thought they knew the company very well. They worked there after all. How'd that work out?
Same for the people who worked for Lehman Bros and lots of other companies too.
by arcticpineapplecorp.
Mon Sep 03, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5545

Re: Does it make sense to invest in individual stocks if you stick to what you know?

thanks for posting. I'm very surprised to see this kind of article at Humble Dollar, which is Jonathan Clement's website. Jonathan does not advocate owning individual stocks to my knowledge, so I'm very surprised this advice is on his website. Exactly, I was surprised too and that's why I thought i...
by arcticpineapplecorp.
Mon Sep 03, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5545

Re: Does it make sense to invest in individual stocks if you stick to what you know?

thanks for posting. I'm very surprised to see this kind of article at Humble Dollar, which is Jonathan Clement's website. Jonathan does not advocate owning individual stocks to my knowledge, so I'm very surprised this advice is on his website. However, the end result of the article was two-fold: 1. ...
by arcticpineapplecorp.
Mon Sep 03, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tax treatment of 403(b) loan repayments
Replies: 5
Views: 448

Re: Tax treatment of 403(b) loan repayments

[Post removed by admin LadyGeek] Sorry the info wasn't helpful or relevant to you, but information can be helpful to others. Many people make bad financial decisions and it's important to explain all the particulars so that others may understand it might not end well for them, even if it does for y...
by arcticpineapplecorp.
Mon Sep 03, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3538

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

also, stop reading cnbc. it's hazardous to your financial health.
by arcticpineapplecorp.
Mon Sep 03, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3538

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

I came across this article on Kanye West: https://www.cnbc.com/2018/07/28/kanye-west-beat-the-market-by-more-than-40-percent.html So basically you get lots of academics putting forward complicated theories saying that the market is extremely hard (or impossible) to beat, and then you get a rapper w...
by arcticpineapplecorp.
Mon Sep 03, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Tax treatment of 403(b) loan repayments
Replies: 5
Views: 448

Re: Tax treatment of 403(b) loan repayments

welcome to the forum. the question you ask concerns me greatly considering you're just starting to contribute to a 403b and are already asking about what happens when/if you take a loan against it. Loans from a tax deferred account are generally frowned upon, except in rare instances. Why do most pe...
by arcticpineapplecorp.
Sun Sep 02, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: (FREE!) Art Collecting Event... what's the catch?
Replies: 11
Views: 1229

Re: (FREE!) Art Collecting Event... what's the catch?

I remember one Clark Howard show was similar but I believe it was jewelry, not art that was being sold. And it was sold on the cruise, not afterwards (like the art your mom bought on the cruise). Still the price for the jewelry sold on the cruise was overpriced (probably similar to the art your mom ...
by arcticpineapplecorp.
Sun Sep 02, 2018 6:31 pm
Forum: Investing - Theory, News & General
Topic: What to look for when investing?
Replies: 12
Views: 961

Re: What to look for when investing?

there's no way to know. Want to know why? Let's say you look at the P/E, then the P/B and so on and the fundamentals of the company look great. Then you invest your hard earned dollars in a company that has great prospects...then, the next day the company has to issue a major recall or there's some ...
by arcticpineapplecorp.
Sun Sep 02, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Investing in the food industry
Replies: 13
Views: 845

Re: Investing in the food industry

All of them: https://investor.vanguard.com/mutual-funds/profile/portfolio/vtsax I belive restaurants fall under either "consumer services" or "consumer goods". Owning the total market lets you invest in all the restaurants in the food industry rather than having to guess which "one" to invest in. Ev...
by arcticpineapplecorp.
Sun Sep 02, 2018 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5701

Re: Don't Look and Have A Doctor Waiting When You DO

by the way, I don't believe Jack said just any ol doctor should be around when you open your statement at retirement. I believe he said have a good cardiologist there (because you're likely to have a heart attack or think you are when you see how much you have). here's the quote: https://www.google....
by arcticpineapplecorp.
Sun Sep 02, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Delay in deposits by empower for 401k?
Replies: 13
Views: 656

Re: Delay in deposits by empower for 401k?

harmoniousmonk wrote:
Sun Sep 02, 2018 11:38 am
The market goes up 7 out of 10 days and over time.

So it does not average out.
that may be correct, but what can be done about it anyway?
by arcticpineapplecorp.
Sun Sep 02, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Delay in deposits by empower for 401k?
Replies: 13
Views: 656

Re: Delay in deposits by empower for 401k?

You seem concerned about the timeliness of deposit without really saying why it's bothering you (other than it "should" take less time). Could it be you think you're somehow missing out on the "best" price? It's generally true that investing money sooner than later is better, but not always. Suppose...
by arcticpineapplecorp.
Sat Sep 01, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5701

Re: Don't Look and Have A Doctor Waiting When You DO

On Barry Ritholtz's Masters In Business podcast, he once talked about a paper by Michael Mauboussin that found there was a significant underperformance of those who checked their portfolios daily vs. those who only checked once a year. It makes sense. If you're checking more frequently, you're likel...
by arcticpineapplecorp.
Sat Sep 01, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Frequency? Daily vs annually?
Replies: 34
Views: 2304

Re: Rebalancing Frequency? Daily vs annually?

I think I remember reading in one of Bill Bernstein's books (sorry can't remember which one) that too frequent rebalancing can hurt returns, so the recommendation was once a year (or if memory serves once every year to two years), or if a rebalancing band has been met. You should read this article o...
by arcticpineapplecorp.
Sat Sep 01, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: The US debt is even larger than stated
Replies: 25
Views: 2016

Re: The US debt is even larger than stated

One thing you can do to make this thread actionable is to move money from tax deferred accounts to Roth accounts while rates are low. If the debt is as big or bigger than that would mean taxes might have to be raised in the future to pay it off. Why pay taxes at higher rates in the future (likely) ...
by arcticpineapplecorp.
Sat Sep 01, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: The US debt is even larger than stated
Replies: 25
Views: 2016

Re: The US debt is even larger than stated

One thing you can do to make this thread actionable is to move money from tax deferred accounts to Roth accounts while rates are low. If the debt is as big or bigger than that would mean taxes might have to be raised in the future to pay it off. Why pay taxes at higher rates in the future (likely) t...
by arcticpineapplecorp.
Sat Sep 01, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Investing in a Broadway show production
Replies: 28
Views: 2349

Re: Investing in a Broadway show production

Thank you all for the advice. None of it is too surprising, as this is the bogleheads forum and I expect nothing less than common sense investing advice. I agree with pretty much what the general attitude has been, mainly, this is a very risky investment and if I choose to go into it, I need to be ...
by arcticpineapplecorp.
Fri Aug 31, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Total StockInternational Fund
Replies: 10
Views: 1092

Re: Total StockInternational Fund

I recommend you switch to the International Growth Fund and see what happens over the next many years. It would be an interesting experiment for sure. What's likely to happen is you'll switch to the International Growth Fund and then over many years the total international will outperform the Intern...
by arcticpineapplecorp.
Fri Aug 31, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Which advisor?
Replies: 12
Views: 1091

Re: Which advisor?

I currently have 90% (about 1.4MM) of my investments with E. Jones and want to compare costs, fees with and services with Edelman Financial and Vanguard. I have a telephone appointment with Vanguard coming up to review what they have to offer. I will be quizzing them on their 'total' advice. So far...
by arcticpineapplecorp.
Thu Aug 30, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3309

Re: high RMD withdraw from 401k question

This is until you're 65. Then you get an additional deduction for being over 65 (an additional $1300 for each). Though all of this could change since the tax brackets are set to revert to prior levels in 7 years (12/31/2025). I have to believe that plan might change in another 2 years as we head in...
by arcticpineapplecorp.
Thu Aug 30, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: how to find 401k fees
Replies: 13
Views: 1174

Re: how to find 401k fees

As was said, there are always fees (except for Fidelity Zero Funds :wink: My mom thought she paid nothing because she never saw anything taken out on her statements. I had to go to the website and pull up the pdfs (prospectuses) to show her how much her funds were charging her. She had no idea. Fort...
by arcticpineapplecorp.
Thu Aug 30, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Can margin be beneficial for long-term investing?
Replies: 61
Views: 3532

Re: Can margin be beneficial for long-term investing?

Oct 13, 2008: On Friday, Aubrey K. McClendon, the chief executive of Chesapeake Energy, issued a statement saying he had been forced to sell all of his 33.5 million shares in Chesapeake because of a margin call. Sumner M. Redstone, the chairman of Viacom and CBS, disclosed that he would sell $400 mi...
by arcticpineapplecorp.
Thu Aug 30, 2018 7:05 am
Forum: Investing - Theory, News & General
Topic: Can margin be beneficial for long-term investing?
Replies: 61
Views: 3532

Re: Can margin be beneficial for long-term investing?

Yes but you're not going to find a lot of support for it on Bogleheads, even though they're all using leverage via their mortgage :D 117% might sound like a lot but remember that someone who borrows $180,000 to a buy a house needs to have a portfolio of over $1 million before they are under 117%, s...
by arcticpineapplecorp.
Wed Aug 29, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Simulation Game/App?
Replies: 8
Views: 552

Re: Stock Market Simulation Game/App?

https://qz.com/487013/this-game-will-show-you-just-how-foolish-it-is-to-sell-stocks-right-now/ This is my favorite one. I love this one. I've played it dozens of times and I've never "won" by market timing. :D You didn't beat the market. The $10,000 you invested turned into $39,835. If you hadn't m...
by arcticpineapplecorp.
Wed Aug 29, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help choose what to invest in 403B
Replies: 7
Views: 452

Re: Help choose what to invest in 403B

Do you want four funds or just one? If you want four funds you'd have to choose (all of the following 4): VG S&P500 index VG midcap index VG small cap index Templeton global bond fund (.48% though. That's more than I like to pay) or you can just have the same in the one fund: Target date (matching t...
by arcticpineapplecorp.
Wed Aug 29, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Simulation Game/App?
Replies: 8
Views: 552

Re: Stock Market Simulation Game/App?

you say you don't want historical performance, but how well do you even do with historical performance? Try this game and see how well you do with historical data (Prudential's Oustmart the Market): https://www.prudential.com/cdn/tools/out-smart-market/?toolcta=OFF or try this one: https://qz.com/48...
by arcticpineapplecorp.
Wed Aug 29, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) error
Replies: 7
Views: 802

Re: 457(b) error

if you were contributing to a 457b plan, wouldn't you have noticed those deductions on your paystub? I understand you had less income so it might have "seemed" like there was less net income, but that wasn't because contributions were made (obviously) but rather, due to your part time status (less a...
by arcticpineapplecorp.
Wed Aug 29, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4247

Re: Expense ratios and fees - Fidelity and flip flopping advice

I just heard on a recent Meb Faber podcast (Q&A session) that once you get to low fees it's possible the mutual fund may have 0% or even negative e.r. due to money made on securities lending. He therefore was one who was not making such a big deal over the zero funds because he thought it's quite po...
by arcticpineapplecorp.
Wed Aug 29, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3309

Re: high RMD withdraw from 401k question

This is until you're 65. Then you get an additional deduction for being over 65 (an additional $1300 for each). Though all of this could change since the tax brackets are set to revert to prior levels in 7 years (12/31/2025). I have to believe that plan might change in another 2 years as we head in...
by arcticpineapplecorp.
Wed Aug 29, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: International investing and currency risk - why do it?
Replies: 43
Views: 2902

Re: International investing and currency risk - why do it?

Question: If owning the total stock market fund and as you state many US companies do half there buisnesss over seas how do you add the percent to someone like me that owns 20% international in the 3 fund portfolio? Meaning do I really own more that 20% because of my us funds? even if they did (whi...
by arcticpineapplecorp.
Tue Aug 28, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: International investing and currency risk - why do it?
Replies: 43
Views: 2902

Re: International investing and currency risk - why do it?

https://s33.postimg.cc/7sg4rfom7/Capture.jpg Exhibit 3: But Over the Long Term, the Hedged and Unhedged MSCI EAFE Returns Have Been Almost the Same source: https://corporate.morningstar.com/US/documents/ResearchPapers/Impact-Foreign-Currenty-Movements-Equity-Portfolios.pdf page 5 Exhibit 5a: But Ov...
by arcticpineapplecorp.
Tue Aug 28, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3309

Re: high RMD withdraw from 401k question

you could look at here: http://taxplancalculator.com/calc You're in the 22% bracket since your income is $110,000 just with the pensions minus $24,000 standard deduction (married filing jointly) which makes your taxable income $86,000. The 22% tops out at $165,000 ($77,401 to $165,000). That gives y...
by arcticpineapplecorp.
Mon Aug 27, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2420

Re: Fidelity Duplicate Funds Now That There Are No Minimums

Vanguard deals with this by having a separate site for institutional investors. I think that makes more sense and is less confusing for individual investors. At least have a way to screen out the institutional class funds fido. I'm not sure if you have been following the recent threads but the big ...
by arcticpineapplecorp.
Mon Aug 27, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2420

Re: Fidelity Duplicate Funds Now That There Are No Minimums

A rhetorical question? I wonder why some people prefer the Fidelity website. Me too. I understand they may have some tools that perhaps vanguard lacks (easier rebalancing, etc) but I don't find the main website as easy to navigate. Maybe it's irrelevant for people who are account holders because th...
by arcticpineapplecorp.
Mon Aug 27, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds
Replies: 59
Views: 6926

Re: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds

gostars wrote:
Sun Aug 26, 2018 10:51 pm
The Zero index funds work by using income from loaning out the stocks to pay the fund expenses. I don't think there's much of a market for loaning bonds.
thank you. that does make sense and probably explains it.
by arcticpineapplecorp.
Mon Aug 27, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2420

Re: Fidelity Duplicate Funds Now That There Are No Minimums

In Fidelity’s mutual fund screener there is an option to select active or index funds. If you don’t see it in the “Refine your search” box, click on “More options”. Once you change that setting, the Freedom Index funds show up. thanks. that narrows it down to 109 funds (and 6 pages). It is still sh...
by arcticpineapplecorp.
Mon Aug 27, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds
Replies: 59
Views: 6926

Re: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds

Nate79 wrote:
Sun Aug 26, 2018 11:47 pm
Move the total stock market chart by one day later and you see the fidelity fund ahead by 3 dollars. All the difference you were seeing was on the first day.
I see that. What a difference one day can make!