Search found 41 matches

by henrikk
Sun May 05, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: 1966-1982 Stock Market
Replies: 11
Views: 2445

Re: 1966-1982 Stock Market

OP, if spreadsheets don’t frighten you, please check the Simba backtesting spreadsheet: https://www.bogleheads.org/wiki/Simba%27s_backtesting_spreadsheet It is hard to get pre-1970 historical numbers, but we do have multiple data series like that in there. Thanks for pointing me to the Simba backte...
by henrikk
Sun May 05, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: 1966-1982 Stock Market
Replies: 11
Views: 2445

Re: 1966-1982 Stock Market

Hello henrikk — Merriman Associates put out a study years ago (for which I've unfortunately lost the link), showing that value stocks, small and micro cap stocks, and REITs outperformed the broader U.S. market during the high inflation years of the 1970s (chart below). Thanks for the chart. Very in...
by henrikk
Sat May 04, 2019 9:34 am
Forum: Investing - Theory, News & General
Topic: 1966-1982 Stock Market
Replies: 11
Views: 2445

1966-1982 Stock Market

Does anyone here know what stock market sectors did well (did better) from 1966 to 1982? For example, did value do better than growth? Small better than large? Etc. Anyone know of any good references, information or insights on stock investing during this time period?
by henrikk
Thu Apr 18, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: Hedging against hyperinflation scenario
Replies: 47
Views: 3510

Re: Hedging against hyperinflation scenario

Venezuela - a cup of coffee used to cost 4.50 Bolivars. It's not > millions per cup. Question: How does one hedge against hyperinflation scenario in his own country, assuming that he holds 50/50, or 3-fund portfolio? You can't. The best you can do is own hard assets (e.g. land) and wait it out. Eve...
by henrikk
Sun Feb 17, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: 403b 457b (government) and h&r block
Replies: 15
Views: 2282

Re: 403b 457b (government) and h&r block

In H&R Block 2018 there is a "Income" section under titled: "Excess Retirement Contributions" (towards the bottom of the income section) where you can manually override the $18K or $24.5K limit and set it what it should be in your case (probably 18K+18K, 24.5K+24.5K or 24.5K+37K, depending on your a...
by henrikk
Sun Jun 10, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: Will VTI certainly outperform VOO in the long run?
Replies: 7
Views: 798

Re: Will VTI certainly outperform VOO in the long run?

Nobody knows. Period. History suggests "yes", VTI will outperform VOO. Financial theory says "yes" since you are taking on more risk with small caps stocks thus you should be rewarded for that extra risk.
by henrikk
Sun Apr 29, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Holding S&P 500 Index vs Total Stock Market?
Replies: 35
Views: 14822

Re: Holding S&P 500 Index vs Total Stock Market?

aristotelian wrote:
Fri Apr 27, 2018 7:01 am
I have my main brokerage account with Schwab. I have my Roth in SCHB. Then I use SCHK (Russell 1000) and SCHX (large cap) as tax loss harvesting partners. They are all highly correlated.
I do the same in my taxable accounts. You tax loss harvest in a Roth?
by henrikk
Fri Feb 02, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: All In Vanguard, Or Not?
Replies: 18
Views: 2671

Re: All In Vanguard, Or Not?

I agree with others that a key point is for him to demonstrate that he was actually recommending this specific portfolio in 2013, or preferably earlier--otherwise it's just 20/20 hindsight. I caution against this though I agree with the intent here. Many companies/financial advisers recommend many ...
by henrikk
Fri Dec 29, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: CNBC quotes IRS on terms of deductibility of prepaid property taxes
Replies: 79
Views: 7140

Re: CNBC quotes IRS on terms of deductibility of prepaid property taxes

Personally I think there is a good chance that Congress with pass legislation that all property taxes paid in 2017 are deductible. If enough people get angry on an essentially non-partisan issue (prepaying property taxes, not the tax bill itself), Congress often tends takes action. A lot of people a...
by henrikk
Mon Sep 25, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: "Fidelity and Vanguard Online Fraud Policies"
Replies: 11
Views: 2864

Re: "Fidelity and Vanguard Online Fraud Policies"

Other brokerages may have similar protections. Schwab, for example, says they "will cover 100% of any losses in any of your Schwab accounts due to unauthorized activity."

http://www.schwab.com/public/schwab/nn/ ... ntee.html

- Henrik
by henrikk
Thu Aug 17, 2017 8:47 am
Forum: Investing - Theory, News & General
Topic: WSJ - ... Stop Index Trackers [from] Eating the Economy
Replies: 23
Views: 3867

WSJ - ... Stop Index Trackers [from] Eating the Economy

An interesting article in the WSJ (title: "World’s Biggest Pension Fund Wants to Stop Index Trackers Eating the Economy") https://goo.gl/8WRV2r Pay-walled. This is a non-walled version: https://goo.gl/nWRQP2 I realize the gut-response of boggleheads is to dismiss this thinking. Disclosure: I am most...
by henrikk
Mon May 15, 2017 1:48 pm
Forum: Personal Investments
Topic: Pre-retirement Advice Requested
Replies: 18
Views: 2357

Re: Pre-retirement Advice Requested

You do not mention your age. Make sure you understand the "rule of 55" (google it) before deciding to move (or not to move) your 401K. It may or may not matter depending on your age.
by henrikk
Sun Jan 22, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Social Security calculations w/early retirement
Replies: 6
Views: 1384

Re: Social Security calculations w/early retirement

The Social Security website has online calculators to estimate your benefit. Specify the year you think you will start drawing Social Security as the year of retirement, enter earnings for each year (should be available in your earning record once logged in), enter "0" as income for the years you t...
by henrikk
Sun Jan 22, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Social Security calculations w/early retirement
Replies: 6
Views: 1384

Social Security calculations w/early retirement

How can I calculate possible SS benefits at retirement age with early retirement? I can log into ssa.gov and see what my retirement benefits might be at retirement age if my income continues as-is. If, however, I retire early and my income goes to zero (or decreases significantly) for 10 years befor...
by henrikk
Sun Jan 15, 2017 10:18 am
Forum: Personal Investments
Topic: Dollar-Cost-Average over HOW MANY years?
Replies: 61
Views: 5629

Re: Dollar-Cost-Average over HOW MANY years?

If a person really is afraid of putting in the lump sum today because he might need the money tomorrow, he absolutely should not invest in the first place. This whole DCA thing is trying to have one's cake and eat it too. I disagree. If I ask someone to choose an investment with a 95% probability t...
by henrikk
Sun Jan 15, 2017 9:49 am
Forum: Personal Investments
Topic: Dollar-Cost-Average over HOW MANY years?
Replies: 61
Views: 5629

Re: Dollar-Cost-Average over HOW MANY years?

As an investment strategy, if one has lump sum dollars to invest, I would also like to hear an argument for how DCA can be better than LS. To me this discussion has derailed. On average LS will yield a higher return since the market goes up more often than down. The problem is that with LS your pro...
by henrikk
Sun Jan 15, 2017 9:05 am
Forum: Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 7717

Re: Cardinal Sin - went to cash the day before 2016 election

IIRC US market futures did drop precipitously during election night, and so did the overseas markets that were open for trading. I remember going to bed thinking my portfolio was going to be way down in the morning. I confess, just like the OP, I almost was guilty of another version of the cardinal...
by henrikk
Thu Jan 12, 2017 1:09 am
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 17954

Re: Bogle worried Vanguard is getting too big

To me, the Boglehead argument or theory of "just buy index funds" is clearly flawed. If everyone did that, there wouldn't be a properly functioning market for individual stocks. Index fund investing only works if everyone doesn't do it. It doesn't require a very large percent of the market to be in...
by henrikk
Thu Jan 05, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 17954

Re: Bogle worried Vanguard is getting too big

I guess you are in favor of paying higher fees then? Yes! Yes! I will pay for better service. I know many who will (and others who will not). This is true not only for investing but other services as well. Of course, the number of people/companies who will take [more] money for the promise of bette...
by henrikk
Mon Jan 02, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Getting rid of leased vehicle.
Replies: 4
Views: 1069

Re: Getting rid of leased vehicle.

henrikk wrote: Is this the best way to go about getting rid of a leased vehicle? Any suggestions on what to check, calculate, etc. to make the best decision?
Thank you for the suggestions. They give me some ideas on what to try.
by henrikk
Sun Jan 01, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Getting rid of leased vehicle.
Replies: 4
Views: 1069

Getting rid of leased vehicle.

I think I know the answer, but sometimes what I think I know just ain't so. I need to get rid of a leased vehicle. The circumstances of the lease are unusual (for me), we own all our other cars outright. There are 14 (out of 36) months remaining on the lease. This is not a financial emergency. I can...
by henrikk
Thu Dec 29, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 11296

Re: Are there any benefits to achieving "great wealth"?

I have to disagree with those that say that wealth gives you "independence" or "peace of mind" or the like. I agree that it *can* give you those, but there are plenty of examples where wealth did not bring "peace of mind" to people (there stuff or fears owned/enslaved them). Wealth has to be coupled...
by henrikk
Thu Dec 22, 2016 3:04 pm
Forum: Personal Consumer Issues
Topic: Is it rude to dispose of unwanted gifts?
Replies: 60
Views: 8331

Re: Is it rude to dispose of unwanted gifts?

Just make sure you don't re-gift it to the person who gave it to you :D You may need to take an additional step (assuming this matters to you). We received some dish-ware at a wedding shower. When my DW partially unpacked it, we found a one year old AMEX receipt in the bottom of the box which had b...
by henrikk
Sat Dec 10, 2016 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Current Market rally
Replies: 61
Views: 9509

Re: Current Market rally

How much staying power do you think this rally has ? It seems somewhat of an irrational exuberance with the Dow going down 800 points on election evening (premarket ) to more than a 1000 points up now. I think once the new administration is in power, reality will set in and it will fall again, but ...
by henrikk
Sun Nov 27, 2016 9:41 am
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 9437

Re: When should I upgrade my wireless router? (RT-N56U)

I've had the same Netgear router for over 10 years. I live in a just under 1600 sq ft house though. We are able to stream 720p to 3 TVs at once with 25 mbps down from Comcast. I think my last speed test said we were actually getting 7 mbps. I won't upgrade until I need to as our current set up is s...
by henrikk
Sun Nov 27, 2016 9:25 am
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 9437

Re: When should I upgrade my wireless router? (RT-N56U)

I have an 802.11ac router and definitely advice upgrading to it if you're in the market for new router. Almost all new phones & devices (iPhone 6S, Nexus 6, 6P, pixel phone) take advantage of 5ghz band & can utilize AC speeds. It won't take too long for that to become the norm. Check out thewirecut...
by henrikk
Sat Nov 26, 2016 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Mac 2017 Released
Replies: 16
Views: 3699

Re: Quicken Mac 2017 Released

I do not use Quicken. Keep in mind that Quicken is now a separate company from Intuit and the current/new owners really want to reverse the years of neglect (so they claim at least). So, maybe, Quicken 2017+ will be better than the last couple of dismal releases.
by henrikk
Sat Nov 26, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 9437

Re: When should I upgrade my wireless router? (RT-N56U)

As another poster mentioned, the router I would recommend is the RT-AC68U (older hardware) and unless you need a feature of the newer Merlin firmware releases, I would highly recommend an older version of Merlin's firmware "Asuswrt-Merlin 374.43 LTS" that is kept up to date by a dedicated volunteer....
by henrikk
Sat Oct 01, 2016 10:55 am
Forum: Personal Investments
Topic: Tax efficient moderate allocation investing?
Replies: 2
Views: 409

Tax efficient moderate allocation investing?

I would like to invest into a tax efficient moderate allocation 30-50% stock (but flexible) fund/etf/whatever. One good candidate that comes to mind is Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) fund. Let's say this is not an option. I know there must be others that have similar goals...
by henrikk
Mon Nov 03, 2008 11:45 pm
Forum: Investing - Theory, News & General
Topic: Tips on answering the question - What Should I Do?
Replies: 163
Views: 239266

Re: Bridgeway Micro Cap Fund?

Hi Tet: I'm happy to say I own a micro-cap that has been holding up relatively well (Bridgeway micro-cap market), and have my fingers crossed that it will make it through the current downturn. [/i] I hope you own (BRMCX) in a tax-deferred account. It ranks in the bottom 7% of all funds in its categ...
by henrikk
Sat May 03, 2008 6:37 pm
Forum: Investing - Theory, News & General
Topic: What does "fee based, zero commission" mean?
Replies: 11
Views: 3252

Re: What does "fee based, zero commission" mean?

Clearly there is some other stream of revenue here for financial advisors claiming to be "fee based, zero commission." Perhaps the advisor works for free... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: Perhaps :wink: Still it seems the term is not well known which i...
by henrikk
Sat May 03, 2008 9:13 am
Forum: Investing - Theory, News & General
Topic: What does "fee based, zero commission" mean?
Replies: 11
Views: 3252

Re: What does "fee based, zero commission" mean?

Regarding financial advisors: I know what "commission based", "fee based" and "fee only" mean, but what is the difference between "fee only" and "fee based, zero commission"? Clearly there is some other stream of revenue here for financial advisors claiming to be "fee based, zero commission." Did y...
by henrikk
Fri May 02, 2008 11:57 am
Forum: Investing - Theory, News & General
Topic: What does "fee based, zero commission" mean?
Replies: 11
Views: 3252

Re: What does "fee based, zero commission" mean?

Regarding financial advisors: I know what "commission based", "fee based" and "fee only" mean, but what is the difference between "fee only" and "fee based, zero commission"? Clearly there is some other stream of revenue here for financial advisors claiming to be "fee based, zero commission." I wen...
by henrikk
Thu May 01, 2008 1:52 pm
Forum: Investing - Theory, News & General
Topic: What does "fee based, zero commission" mean?
Replies: 11
Views: 3252

What does "fee based, zero commission" mean?

Regarding financial advisors: I know what "commission based", "fee based" and "fee only" mean, but what is the difference between "fee only" and "fee based, zero commission"? Clearly there is some other stream of revenue here for financial advisors claiming to be "fee based, zero commission."
by henrikk
Tue Apr 22, 2008 11:23 am
Forum: Investing - Theory, News & General
Topic: IRA's and creditor protection. Did this influence you?
Replies: 13
Views: 3845

actually you might be 1 year too late....They passed a Bill that protects IRAs from civil judgements-it's looks like up to $750,000 in civil matters.I guess it was an extention of IRA protection going back to the 1 million ruling. You are referring to a Virginia law? I can find no federal bill rega...
by henrikk
Mon Apr 21, 2008 9:29 pm
Forum: Investing - Theory, News & General
Topic: IRA's and creditor protection. Did this influence you?
Replies: 13
Views: 3845

actually you might be 1 year too late....They passed a Bill that protects IRAs from civil judgements-it's looks like up to $750,000 in civil matters.I guess it was an extention of IRA protection going back to the 1 million ruling. You are referring to a Virginia law? I can find no federal bill rega...
by henrikk
Mon Apr 21, 2008 11:21 am
Forum: Investing - Theory, News & General
Topic: IRA's and creditor protection. Did this influence you?
Replies: 13
Views: 3845

Thanks for the clarification of the 1 million limit. I agree that risk management should not be based on one factor. This was, however, a risk factor I was until recently unfamiliar with.
by henrikk
Mon Apr 21, 2008 10:45 am
Forum: Investing - Theory, News & General
Topic: IRA's and creditor protection. Did this influence you?
Replies: 13
Views: 3845

I did not know this... though after the Supreme Court decision Congress promptly limits the maximum exempted in an IRA to $1 million and it seems roll-over IRA's are included in that million. So the bankruptcy law seems to have taken away, and not given us anything in this matter. The 1 million limi...
by henrikk
Mon Apr 21, 2008 9:56 am
Forum: Investing - Theory, News & General
Topic: IRA's and creditor protection. Did this influence you?
Replies: 13
Views: 3845

IRA's and creditor protection. Did this influence you?

I understand that qualified plans such a 401K and 403B are protected from creditors by federal law. I recently discovered that IRA protection depends on state law. As best as I can tell, Texas (where I live) protects most IRAs, but the precise application of interstate conflicts (ie. the creditors i...
by henrikk
Sun Apr 20, 2008 4:41 pm
Forum: Investing - Theory, News & General
Topic: Orange county municipal default
Replies: 4
Views: 2159

Thanks!

Thanks for the reply. I really appreciate this info.

- Henrik
by henrikk
Sat Apr 19, 2008 8:17 am
Forum: Investing - Theory, News & General
Topic: Orange county municipal default
Replies: 4
Views: 2159

Orange county municipal default

I realize the municipal defaults are rare. One often referenced municipal default is the Orange county municipal default in the 1990's. Can someone tell me what the recovery rate on those muni bonds was? How much did muni bond investors actually loose?