Search found 2471 matches

by Munir
Sun Jan 20, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: What is a Boglehead funeral/burial?
Replies: 112
Views: 5529

Re: What is a Boglehead funeral/burial?

It sure seems like the underlying theme in almost all of the posts so far is "Boglehead Funeral = Cheap". I beg to differ. I would say the Boglehead, having invested wisely and amassed a large nest egg, can have whatever funeral he or she wants, without regard to cost. Agree. Moreover, remember tha...
by Munir
Wed Jan 16, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 852
Views: 44952

Re: John Bogle is dead at 89

A great loss to the family, the community, and the world. He will never be forgotten.
by Munir
Sun Jan 13, 2019 1:34 am
Forum: Investing - Help with Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 74
Views: 6748

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

As an emigrant to the US, I remain totally in US securities. Wall street is not an angel, but foreign security markets are worse. I cannot quote facts and numbers but just my life experience in living overseas during the first 25 years of my life showed me how unreliable/unethical foreign business c...
by Munir
Tue Jan 08, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8428

Re: More Nanny State From Vanguard

The term "nanny state" not only does not apply to Vanguard, it is very politically charged. Not cool here. Disagree, this term is being used in an investment context, not a political context. While some might not agree with poster's assertion, they knew what the poster was getting at. Its very obvi...
by Munir
Wed Jan 02, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Moving to online banking (Ally)
Replies: 35
Views: 1836

Re: Moving to online banking (Ally)

I have a regional commercial bank account for business that only commercial banks do and Barclay's Online Savings (APY 2.2%). Never used Ally. I wonder what attracts so many BHs to Ally since their Online Savings interest rate is often lower than others. One thing that Ally has and Barclay's does n...
by Munir
Wed Jan 02, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Moving to online banking (Ally)
Replies: 35
Views: 1836

Re: Moving to online banking (Ally)

I have a regional commercial bank account for business that only commercial banks do and Barclay's Online Savings (APY 2.2%). Never used Ally. I wonder what attracts so many BHs to Ally since their Online Savings interest rate is often lower than others.
by Munir
Tue Jan 01, 2019 6:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8105

Re: My favorite Boglehead posters

Nisiprius - he is very good at challenging ideas such as international investing and small value etc. I wonder if he drives a Prius? Never thought about it until I just typed his name. And all the others mentioned https://en.m.wikipedia.org/wiki/Nisi_prius The legal description of nisi prius is an ...
by Munir
Tue Jan 01, 2019 3:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8105

Re: My favorite Boglehead posters

Nisiprius - he is very good at challenging ideas such as international investing and small value etc. I wonder if he drives a Prius? Never thought about it until I just typed his name. And all the others mentioned https://en.m.wikipedia.org/wiki/Nisi_prius The legal description of nisi prius is an ...
by Munir
Sun Dec 30, 2018 6:44 pm
Forum: Investing - Theory, News & General
Topic: DFA says stick to your plan
Replies: 16
Views: 1894

Re: DFA says stick to your plan

"Stay the course" may mean different things to different people. I may follow my course which could be different than yours. Our circumstances are not all the same, which means that our financial decisions could differ too. It gets tiring to keep hearing the same mantra again and again and frankly i...
by Munir
Sat Dec 22, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: "Stay the course" is rational -- but is it reasonable?
Replies: 43
Views: 5437

Re: "Stay the course" is rational -- but is it reasonable?

Great article. Thank you CULater. I have a better understanding of my anguish when I try to be always rational. I found that I hate losing much more than I enjoy winning.
by Munir
Thu Dec 20, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: True/False: Rising Rates don't matter for Intermediate Treas. Bond. Fund
Replies: 12
Views: 1458

Re: True/False: Rising Rates don't matter for Intermediate Treas. Bond. Fund

Theoretically if you hold the bond fund for its "average duration" the change in interest rates is immaterial. Isn't this statement correct only if rates do not rise any further during this "duration period"? So if rates keep rising every few months, you have to start a "new" duration period with e...
by Munir
Wed Dec 19, 2018 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: True/False: Rising Rates don't matter for Intermediate Treas. Bond. Fund
Replies: 12
Views: 1458

Re: True/False: Rising Rates don't matter for Intermediate Treas. Bond. Fund

Theoretically if you hold the bond fund for its "average duration" the change in interest rates is immaterial. Isn't this statement correct only if rates do not rise any further during this "duration period"? So if rates keep rising every few months, you have to start a "new" duration period with e...
by Munir
Sat Dec 15, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 79
Views: 8787

Re: Vanguard Junk Bond fund

Rick, an update may be due based on current yields. As of today, VWEAX 30-Day yield is 6.4%, Interm-Term Investment Grade is 3.75%, and Interm-Term Treasury is 2.71%. It appears the premium for owning credit risk has gone up in last few months. There is a near 4% spread with Treasury, perhaps the m...
by Munir
Sun Dec 09, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: SPIA or CD Ladder
Replies: 31
Views: 2387

Re: SPIA or CD Ladder

When I've heard the term SPIA, it has always referred to a life annuity that pays out for life. Such annuities may or may not be also include a "guaranteed term," e.g. ten years, during which the payments are made--to your heirs--if you do not survive. Financially, SPIAs are insurance, which invest...
by Munir
Fri Dec 07, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: VMMXX over.... CD, Bonds, HYS?
Replies: 17
Views: 1735

Re: VMMXX over.... CD, Bonds, HYS?

52% of my portfolio is currently in VMMXX, 30% equities (TSM), and 18% bonds (TBM). I am a retiree in distribution phase.
by Munir
Sun Dec 02, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 21019

Re: Best values at Costco? Honestly, a little disappointed...

Costco, Amazon, and Trader Joe's- cann't do without them :happy
by Munir
Sat Dec 01, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

Doc Munir, The source says that it is a 15-year "pay out" annuity as quoted by NoHeat from the immediate annuities site. It is confusing because my first instinct was that it was a lifetime payout with a 15-year guarantee in case the annuitant dies before the end of 15 years. However, the annuity i...
by Munir
Sat Dec 01, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

Doc Munir, The source says that it is a 15-year "pay out" annuity as quoted by NoHeat from the immediate annuities site. It is confusing because my first instinct was that it was a lifetime payout with a 15-year guarantee in case the annuitant dies before the end of 15 years. However, the annuity i...
by Munir
Sat Dec 01, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

The example given is a period certain SPIA. You collect the payout as long as you are alive (if a joint annuity then as long as either you or spouse is alive). If both you and spouse die within 15 years, your heirs will continue earning the payout until the 15 years are over. The 15 years collectio...
by Munir
Fri Nov 30, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

I have been casually playing with a few different annuities (Immediate Annuities.com) and one question that continues to puzzle me is the "Payout Rate" Here is an example: Base: Investment Amount: $500,000.00 Start: April 2019 Male: 65 Wife: 63 State: WI 15 Year Period Certain Monthly Payout: $3584...
by Munir
Mon Nov 26, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Why should annuities NOT be held in tax-deferred accounts?
Replies: 23
Views: 1793

Re: Why should annuities NOT be held in tax-deferred accounts?

The White Coat Investor (quoted above) calls what I am doing the "Individual Retirement Annuity" Pop Quiz - What does "IRA" stand for? (and it's not Irish Republican Army) Answer - Individual Retirement Arrangement! The terms "Individual Retirement Account" or "Individual Retirement Annuity" are a ...
by Munir
Mon Nov 26, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Why should annuities NOT be held in tax-deferred accounts?
Replies: 23
Views: 1793

Re: Why should annuities NOT be held in tax-deferred accounts?

If you don’t have the money in taxable account to purchase the spia, then buying it in the trad Ira would be fine. I think it is advisable to roll the money into its own Ira before purchasing it. This avoids complicated rmd calculations. https://www.whitecoatinvestor.com/individual-retirement-annui...
by Munir
Sun Nov 25, 2018 8:16 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 199
Views: 14008

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

I am a practicing primary care physician. When I want to know who the best surgeons are, I asked my trusted anesthesiologist friend. Anesthesiologists have a front row seat to the performances of multiple surgeons over a wide range of cases. They know who is good and who struggles. As a retired sur...
by Munir
Thu Nov 22, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: My Name is Paul, and I am a Larimore Boglehead
Replies: 19
Views: 4684

Re: My Name is Paul, and I am a Larimore Boglehead

At age 81 and after many years of trying various funds and even arguing with Taylor on some of his advice, I am now down to two funds: Total Stock Market Index and Total Bond Market Index with Money Market Prime as a third fund. I would include myself in the Larimore Group Bogleheads - initially rel...
by Munir
Wed Nov 21, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 199
Views: 14008

Re: Physician Credentials: Offshore vs. American Medical Schools

I don't see a mention of the importance of having your specialty boards in the above discussion. Putting aside the "patient-friendly" description which is very important but which could be in the eyes of the beholdeth, the qualities I would look for are in this order of importance: 1. Having Specia...
by Munir
Wed Nov 21, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 199
Views: 14008

Re: Physician Credentials: Offshore vs. American Medical Schools

I am a retired physician who is considered a foreign medical graduate but really graduated from an "American" medical school located abroad and accredited by the State of New York. I did my residency at a university medical center in the US and then obtained my US specialty Boards. I don't see a men...
by Munir
Thu Nov 15, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Global Credit Bond Fund
Replies: 6
Views: 1015

Re: Vanguard Global Credit Bond Fund

Offshore wrote:
Thu Nov 15, 2018 4:47 pm
On VG's 1 through 5 Risk scale, they score it a "2", which is a bit riskier then the score for TBM or TIPS.

Offshore
Vanguard's other intermediate bond funds, including TIPS, are also at 2 on their Risk Scale. The shorter duration funds are at 1.
by Munir
Mon Nov 12, 2018 2:05 am
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8927

Re: What's Your Fixed Income Strategy?

81 years old widower. Retired 21 years ago. Currently 70% fixed income and 30% equities- nearly all in TIRA. Stay liquid and simple. Prepared for the worst. I hold 30% TSM, 20% TBM, 50% Money Market Prime and four SPIAs. The MMP + SPIAs will hold me till I kick the bucket and the other 50% is for m...
by Munir
Sun Nov 11, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8927

Re: What's Your Fixed Income Strategy?

81 years old widower. Retired 21 years ago. Currently 70% fixed income and 30% equities- nearly all in TIRA. Stay liquid and simple. Prepared for the worst. I hold 30% TSM, 20% TBM, 50% Money Market Prime and four SPIAs. The MMP + SPIAs will hold me till I kick the bucket and the other 50% is for my...
by Munir
Fri Oct 19, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16884

Re: Total Bond Market Fund - interest rates rising!

So I've seen plenty of people here and in the media warn about bond funds "crashing" when interest rates rise. Just because I was curious, I checked Total Bond Market Index Fund since 12/14/2016 to today. Why did I pick 12/14/2016? Because the Fed raised interest rates 0.25% on that day. In fact, i...
by Munir
Sun Oct 14, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 3167

Re: Pacific Northwest trip

I moved to PacNW from the Midwest six years ago, and while I do have my reservations about continuing to live here I can say that I remain in awe of its beauty. OOC, what dont you like about the PNW? There are a number of things but I’m not sure it is a good idea to go into them here. I only have m...
by Munir
Sun Oct 14, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10746

Re: Short Term Bond yield over 3%

I am confused. When we compare intermediate bond funds, we look at their total return and not just at their yield. Are short term bond funds any different? One can only know total return for a past holding period. Yield is all we have to estimate expected (future) return. The capital return compone...
by Munir
Fri Oct 12, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10746

Re: Short Term Bond yield over 3%

I am confused. When we compare intermediate bond funds, we look at their total return and not just at their yield. Are short term bond funds any different? A related question: In an IRA, what produces a higher total return- Money Market Prime or the Federal Funds money market vehicle? The MM prime h...
by Munir
Thu Oct 11, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10746

Re: Short Term Bond yield over 3%

Nowizard wrote:
Thu Oct 11, 2018 4:46 pm
Why Short Term Bond Index rather than Short Term Investment Bond Index (VFSUX)?
Tim
VFSUX's proper name is Vanguard Short-Term Investment-Grade Fund (Admiral Shares). I don't think it's an index fund.
by Munir
Tue Oct 09, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10746

Re: Short Term Bond yield over 3%

I was in my accounts today and noticed that the SEC yield on the Vanguard Short Term Bond Fund (Admiral: VBIRX) is 3.01% :happy This is the fund where I am holding our living expenses for the first next two years of retirement (out years are in intermediate term). What are its Total Return numbers?...
by Munir
Tue Oct 09, 2018 5:00 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 150
Views: 20932

Re: Larry Swedroe: Be Prepared For Losses

Why gold and not a money market fund in case of a "crash"? It's as good as any other fixed income vehicle on a short-term basis.
by Munir
Mon Oct 08, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 11361

Re: Alan Roth doesn't like single premium annuities

... words of gloom and doom about annuities generally, rip-offs, scams etc... We can do better on this forum if we stick to reasonable discussions that can include disagreements without using the fear tactic. There is a distinction that needs to be made between different types of annuities though, ...
by Munir
Mon Oct 08, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 11361

Re: Alan Roth doesn't like single premium annuities

Wow. This is really interesting. Bogleheads used to like Single Premium Immediate Annuities. Thankfully, most reasonable Bogleheads still do. I like them and have used them (I have four) over the last 10 years. I have been very satisfied with them. One needs to do some research and study to know wh...
by Munir
Fri Oct 05, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 11361

Re: Alan Roth doesn't like single premium annuities

Mr. Roth does not mention an inflation rider that can be purchased with an SPIA, and a time period certain rider to protect your heirs in case you die soon after you purchase an annuity. The latter guarantees payout to your heirs for a designated number of years after purchase if you die early. If t...
by Munir
Thu Oct 04, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: AARP UnitedHealthCare Plan G
Replies: 33
Views: 2211

Re: AARP UnitedHealthCare Plan G

I compared the cost of the premium for my current plan F vs. plan G for me in Oregon on the AARP web site and plan F was cheaper!! I don't know why except that I have been with Plan F for many years and maybe that gives me a deduction of some kind. If I was a first-timer (newcomer), then plan G wou...
by Munir
Thu Oct 04, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: AARP UnitedHealthCare Plan G
Replies: 33
Views: 2211

Re: AARP UnitedHealthCare Plan G

I compared the cost of the premium for my current plan F vs. plan G for me in Oregon on the AARP web site and plan F was cheaper!! I don't know why except that I have been with Plan F for many years and maybe that gives me a deduction of some kind. If I was a first-timer (newcomer), then plan G woul...
by Munir
Thu Oct 04, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 8361

Re: Key differences between investing philosophies: Swedroe vs. Bogle

I believe in Jack. Rick Ferri “As soon as we abandon our reason and are content to rely on authority, there is no end to our troubles.” ― Bertrand Russell I assume that Rick is saying that he agrees with Jack because Jack advocates simplicity and not that Rick advocates simplicity because Jack said...
by Munir
Thu Oct 04, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: AARP UnitedHealthCare Plan G
Replies: 33
Views: 2211

Re: AARP UnitedHealthCare Plan G

It seems that most if not all posters in this thread are praising plan G over Plan F. Any opinions to the contrary and why?
by Munir
Wed Oct 03, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 150
Views: 20932

Re: Larry Swedroe: Be Prepared For Losses

Munir, The “preparation” is not market timing or any short term adjustment. Like Homer J says, it is developing a long term investment policy that incorporates the assumption that big equity losses can happen at any time. Similar to Homer J, I assume equities can drop 50% in a 1-2 year time span. H...
by Munir
Wed Oct 03, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 150
Views: 20932

Re: Larry Swedroe: Be Prepared For Losses

https://www.etf.com/sections/index-investor-corner/swedroe-be-prepared-losses?nopaging=1 Larry reviews a Fama French paper titled “Volatility Lessons”. He starts off reviewing the historic size of the market, size, and value premiums. He then begins to describe their riskiness by looking at the sta...
by Munir
Thu Sep 27, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Which type of Primary Care Physician?
Replies: 54
Views: 4280

Re: Which type of Primary Care Physician?

My experience is that internal medicine doctors really like to deal with arteries, blood pressure, and things like that. They will phone in prescriptions for sore throats and pretty much refer you to another doctor for anything else. Basically, you won't need to see your internal medicine physician...
by Munir
Sat Sep 22, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: The bond side of my asset allocation ...
Replies: 21
Views: 1144

Re: The bond side of my asset allocation ...

ruralavalon wrote:
Sat Sep 22, 2018 9:43 am

The theory is that the generally expected interest rate hikes are already priced into the bond or bond fund price.
But regardless whether or not that theory is correct, bond funds NAV is continuing to drop. The OP has a valid concern. What am I missing?
by Munir
Thu Sep 20, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 5008

Re: Bonds. Why? (vs. cds)

Let's all go back to the original discussion. It seems like tangents abound. Why not just get an FDIC insured 3 yr CD at 3.01 % instead of a bond for our low risk portion of our portfolio? Good point. That seems an appropriate vehicle for funds one doesn't need for three years. If you want more liq...
by Munir
Wed Sep 19, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: New Jack Bogle Book!
Replies: 51
Views: 8324

Re: New Jack Bogle Book!

For those that are stating they have read every one of Jack Bogle's books - don't you find them somewhat repetitive? Am I missing some new messages between the various books or do you also find them repetitive but enjoy reading the same messages with some refreshed data? Agree. I am an admirer of J...