Search found 804 matches

by Dead Man Walking
Thu May 23, 2019 9:46 pm
Forum: Personal Consumer Issues
Topic: Another Honda maintenance thread
Replies: 44
Views: 3255

Re: Another Honda maintenance thread

If you have a V6 Accord, the maintenance schedule says to change the timing belt at 90,000 miles. Honda dealerships concur with this. However, if the car is driven about 5,000 miles per year that would mean that the belt would not be replaced until the 18th year. Gates, the manufacturer of the timin...
by Dead Man Walking
Thu May 23, 2019 8:44 pm
Forum: Personal Consumer Issues
Topic: What is the best way to test drive cars?
Replies: 39
Views: 2677

Re: What is the best way to test drive cars?

The last time that my daughter-in-law bought a car a salesman took her license and kept it while she test drove the car. He tried to hold her license until the deal was made! She had to pressure him to get her license returned. She was upset and didn’t buy a car from that dealership. She is an educa...
by Dead Man Walking
Thu May 23, 2019 2:04 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Mgmt Whiffs On Factors
Replies: 18
Views: 1442

Re: Larry Swedroe: Active Mgmt Whiffs On Factors

I’ve been investigating multi factor funds and from my naive perspective, the methodology of many of them isn’t very transparent and seems to be similar to many of the active funds in which I have invested. I may not have enough information or the sophistication required to interpret the information...
by Dead Man Walking
Sat May 18, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: Factor ETFs For Diversification Or “Diworsification”
Replies: 117
Views: 5016

Re: Factor ETFs For Diversification Or “Diworsification”

Larry Swedroe continuously reminds us that “10 years is just noise in the financial data”. And Rick Ferri reminds us that if one is going to go the factor route, it’s a lifetime commitment. Alternative histories can always play out; I’m really interested to see how this history plays out. Dave For ...
by Dead Man Walking
Fri May 17, 2019 7:15 pm
Forum: Investing - Theory, News & General
Topic: how do Tariffs impact your portfolio?
Replies: 25
Views: 1283

Re: how do Tariffs impact your portfolio?

I don’t recall the source, but I read that tariffs have a lesser effect on small caps because their businesses tend to be localized. I have no idea if this true, but it seems reasonable. Consequently, small caps may outperform large caps if a full blown trade war materializes. Since I have a slight ...
by Dead Man Walking
Tue May 14, 2019 11:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service improving?
Replies: 9
Views: 1231

Vanguard customer service improving?

I handle most of my business with Vanguard via the website; however, I have used a telephone conversation to establish my qualified charitable deductions. I established voice recognition shortly after it became available. When I tried to use my voice as my password several months after I established...
by Dead Man Walking
Mon May 13, 2019 11:36 pm
Forum: Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 150
Views: 19382

Re: You Invest by JP Morgan Chase

Here is the list of funds available on the platform: https://am.jpmorgan.com/blob-pbstudio/1383554788690/83456/self_directed_mutual_fund_list.pdf . Most, if not all, Vanguard money market funds are available (Vanguard Prime Money Market Inv, Vanguard Federal Money Market Inv, Vanguard Municipal Mon...
by Dead Man Walking
Fri May 10, 2019 11:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Service
Replies: 9
Views: 1186

Re: Vanguard Service

At Vanguard ownership has no privileges! Does anyone believe that Vanguard really cares about losing investors? Millions don’t mean anything when you are talking trillions. Vanguard is simply another bloated big business that is not concerned about customer service for the vast majority of their cus...
by Dead Man Walking
Fri May 10, 2019 10:48 pm
Forum: Personal Investments
Topic: Chase You Invest for Taxable Account
Replies: 26
Views: 2911

Re: Chase You Invest for Taxable Account

Most Vanguard mutual funds are available on the YouInvest platform. Since I was a Premier account holder, I established a YouInvest account shortly after it was introduced with a beginning balance of $10. Once the account was established, I played around with the platform before I made a significant...
by Dead Man Walking
Wed May 08, 2019 11:59 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Post WWII US Returns’ Changing Nature
Replies: 33
Views: 3389

Re: Larry Swedroe: Post WWII US Returns’ Changing Nature

In fact, the stock market owes much of its return over the past 30 years not to economic growth but to shareholders earning an increasing share of that growth at the expense of workers. And this can only go so far before political actions occur (and we may be approaching that point). This growth at...
by Dead Man Walking
Sun May 05, 2019 12:00 am
Forum: Investing - Theory, News & General
Topic: Share Buybacks — Savior of the U.S. Equity Market?
Replies: 58
Views: 3948

Re: Share Buybacks — Savior of the U.S. Equity Market?

As a mutual fund investor, total return is my primary concern; consequently, I have never understood this argument. However, I can understand the concerns about executive compensation. John C. Bogle addressed executive compensation in his book The Battle for the Soul of Capitalism . That book enhanc...
by Dead Man Walking
Sat May 04, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: Chase YouInvest mutual funds list no longer needed
Replies: 2
Views: 720

Re: Chase YouInvest mutual funds list no longer exists

My original post pointed out that the PDF file was no longer available. The list really isn’t needed! When I accessed my investment account recently, I found the list of funds when I clicked on Find investments. The Quick find states that 3,269 mutual funds are available. One of the filters for find...
by Dead Man Walking
Wed May 01, 2019 11:27 pm
Forum: Investing - Theory, News & General
Topic: Do You Believe 10 Years Return Data Is Just Noise?
Replies: 57
Views: 3193

Re: Do You Believe 10 Years Return Data Is Just Noise?

Dave, I’m a skeptic by nature; therefore, I don’t believe historical returns are relevant when predicting future returns. I believe that it may be different in the future. I agree with Larry’s idea that a decade is a short timeframe when predicting market returns. However, I believe that investors a...
by Dead Man Walking
Tue Apr 30, 2019 12:27 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Using Valuation Metrics
Replies: 106
Views: 5180

Re: Larry Swedroe: Using Valuation Metrics

There are many relevant points made in the above posts. Perhaps the most important aspect for the typical investor is determining his risk tolerance, which has a significant impact on determining his asset allocation. Most investors are dollar cost averaging into some type of retirement plan. The ab...
by Dead Man Walking
Tue Apr 23, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Variance Risk Premium Evidence
Replies: 84
Views: 3635

Re: Larry Swedroe: Variance Risk Premium Evidence

DMW, Yes clearly different from Taylor’s. But I’m going to disagree with you on one thing. Rebalancing a 5 or 10 fund portfolio is not significantly different from rebalancing a three fund portfolio. I don’t think rebalancing is a very good reason to avoid having a few more funds or to hire an advi...
by Dead Man Walking
Mon Apr 22, 2019 11:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Variance Risk Premium Evidence
Replies: 84
Views: 3635

Re: Larry Swedroe: Variance Risk Premium Evidence

Dave: I know that you are a knowledgeable investor. Would you be kind enough to let us see your current portfolio? Best wishes. Taylor Not sure about knowledgeable investor. Seem to remember Buffett saying something to the effect that when dumb money recognizes it's dumb, it suddenly becomes very s...
by Dead Man Walking
Fri Apr 19, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 80
Views: 5180

Re: In which companies do you own a single share, or token amount, of stock?

I own Prudential stock that was given to policy holders when the company demutualized. I keep it because the qualified dividends are comparable to treasury bills and to avoid capital gains taxes. The cost basis is zero for the shares.

DMW
by Dead Man Walking
Fri Apr 19, 2019 4:09 pm
Forum: Personal Investments
Topic: YouInvest Account
Replies: 9
Views: 980

Re: YouInvest Account

I noticed that the list of mutual funds available for purchase is no longer available on the trading platform. The PDF file was cumbersome which may be the reason it was discontinued. I purchased a Vanguard fund with no problem.

DMW
by Dead Man Walking
Mon Apr 15, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")
Replies: 59
Views: 8432

Re: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")

Before I buy a fund, I look at the fund’s portfolio. I’ve noticed that many active funds often have a position in an ETF that is within the scope of its investment objectives. The manager may be using the ETF rather than cash as he waits for a buying opportunity that interests him. That would be an ...
by Dead Man Walking
Wed Apr 10, 2019 2:40 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 12820

Re: International under-performance

Globalization is the primary reason that I invest in global and international funds. Excellent companies are headquartered in countries around the world. Many brewing companies are headquartered outside the USA. Joe Sixpack is going to buy beer worldwide. GM is building Buicks in China, VW builds ca...
by Dead Man Walking
Tue Apr 09, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?
Replies: 28
Views: 2189

Re: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?

<t>I’m retired and have a defined benefit pension that more than funds my expenses; consequently, my entire portfolio is available for emergencies. However, I have friends who have separate bank accounts for car purchases, vacations, home improvements, etc. When I need a new car or a home improvemen...
by Dead Man Walking
Tue Apr 09, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: ST TIPS
Replies: 8
Views: 838

Re: ST TIPS

I have used short-term bond funds for several years. I own Wellington; consequently, I own some longer term bonds. I prefer to take risk with small cap equities - both domestic and international. I hope my equity funds will provide return as my bond funds and CDs provide stability. My tips allocatio...
by Dead Man Walking
Tue Apr 09, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 4072

Re: What websites do you use for the latest investing news?

I sometimes switch to one of business channels at 4 pm to see how the market performed that day. Daily market moves don’t influence my investment decisions. I like to compare the yields on treasuries to the yields on CDs of similar duration.

DMW
by Dead Man Walking
Sat Apr 06, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: Chase YouInvest mutual funds list no longer needed
Replies: 2
Views: 720

Chase YouInvest mutual funds list no longer needed

Please read the updated post below! The Chase YouInvest website had a list of no load and load waived mutual funds available for investment. The list was a PDF file that could be found under mutual funds in the FAQ section. When I looked for it today, it was no longer listed; however, there were se...
by Dead Man Walking
Sun Mar 31, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 151
Views: 10993

Re: Vanguard - Will they ever upgrade their site?

I haven’t had major issues with Vanguard’s website. I rarely use the site for anything other than checking account balances and rebalancing. I’m still using the old mutual fund platform, which may be another reason that I haven’t experienced many problems. However, I recently went to the personal in...
by Dead Man Walking
Sun Mar 31, 2019 12:01 am
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 15540

Re: Indexing beats Wellington and Wellesley right?

Survivorship bias hasn’t been mentioned. It’s hard to beat Wellington’s survivorship. 1928 was a long time ago.

DMW
by Dead Man Walking
Fri Mar 29, 2019 4:00 am
Forum: Investing - Theory, News & General
Topic: What’s a reasonable bid-ask spread for an ETF?
Replies: 21
Views: 1048

Re: What’s a reasonable bid-ask spread for an ETF?

I am not experienced with ETF trading. Wouldn’t a prudent buyer use limit orders?

DMW
by Dead Man Walking
Fri Mar 29, 2019 3:49 am
Forum: Investing - Theory, News & General
Topic: Anyone else concerned about future tinkering of LS Funds?
Replies: 21
Views: 1720

Re: Anyone else concerned about future tinkering of LS Funds?

Anyone who has followed Vanguard index funds and Life Strategy Funds knows that Vanguard doesn’t have a problem changing indices for their funds. Furthermore, Vanguard has no problem changing the asset allocation of Life Strategy Funds or Target Retirement Funds. If an investor doesn’t agree with th...
by Dead Man Walking
Mon Mar 25, 2019 11:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2340

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

The only danger that I can see from a shift to index/passive investing is that individual companies will be able to pass initiatives at shareholders meetings that may benefit the management team and not the majority of shareholders. Index funds may truly be passive in their voting. I may be wrong ab...
by Dead Man Walking
Mon Mar 25, 2019 10:57 pm
Forum: Investing - Theory, News & General
Topic: New Brokerage platform
Replies: 10
Views: 1093

Re: New Brokerage platform

I hold mutual funds at Vanguard and have not switched to the brokerage platform because I prefer the year end statements of the mutual fund platform. If I am forced to switch to the brokerage platform, I will probably maintain my IRA accounts with Vanguard; however, I may transfer my taxable account...
by Dead Man Walking
Thu Mar 21, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Computer security
Replies: 52
Views: 3508

Re: Computer security

You fellas have managed to scare the hell out of a paranoid old man. My WiFi can not be accessed beyond my property line and I never use public WiFi. Am I still vulnerable?

DMW
by Dead Man Walking
Mon Mar 18, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 16092

Re: Are Vanguard Mutual Funds dying?

Vanguard may choose to convert mutual funds that have an equivalent ETF to ETFs. Target Retirement Funds and Life Strategy Funds could easily use ETFs as their underlying investments. Converting active mutual funds to ETFs may not be so easy. Will the crack IT department at Vanguard be able to make ...
by Dead Man Walking
Sun Mar 17, 2019 3:09 pm
Forum: Investing - Theory, News & General
Topic: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"
Replies: 26
Views: 2199

Re: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"

Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument. For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year. After 10 years, 85 percent of large cap funds underpe...
by Dead Man Walking
Sat Mar 16, 2019 11:49 pm
Forum: Investing - Theory, News & General
Topic: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"
Replies: 26
Views: 2199

Re: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"

Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument. For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year. After 10 years, 85 percent of large cap funds underpe...
by Dead Man Walking
Sat Mar 02, 2019 2:23 am
Forum: Investing - Theory, News & General
Topic: "3 Things to Be Aware of Amid ETF Fee Wars"
Replies: 33
Views: 3452

Re: "3 Things to Be Aware of Amid ETF Fee Wars"

Pointing out that the construction of the index that a fund chooses to track may be more significant to performance over time than a few basis points difference in expense ratio is an interesting point.

DMW
by Dead Man Walking
Fri Mar 01, 2019 12:25 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 30783

Re: [2018 tax return - How does it compare to previous years?]

Our pension income increased by $294 this year over last year. We made no adjustments to our W-4 for 2018 and simply allowed the retirement system to apply the new tax rates provided by the IRS. Our federal withholdings decreased by $1,454. We decided to use an accountant to prepare our 2018 return...
by Dead Man Walking
Thu Feb 28, 2019 9:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 192
Views: 47274

Re: Vanguard has switched to brokerage only accounts

Wish Vanguard would bring that great feature back to the brokerage platform (hint, hint). <My Accounts> <Transaction History> (choose Account) (choose YTD) <Update Table> <Right Click> <Print> All done. No hint needed. :D We're talking about the printed statements that Vanguard sends out monthly th...
by Dead Man Walking
Thu Feb 28, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50814

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

I believe Vanguard is suffering from asset bloat. The threads on this forum complaining about brokerage accounts and customer service in general are disturbing. Vanguard seems to have problems implementing programs that enhance the investing experience for their “owners.” I have a traditional mutual...
by Dead Man Walking
Wed Feb 27, 2019 11:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard research paper on global diversification
Replies: 21
Views: 2053

Re: Vanguard research paper on global diversification

I have been researching global minimum volatility funds such as VMVFX and have discovered that most have market exposure very close to the world market capitalization found in the world market indices. The regional exposure may differ due to the screen for volatility. I expect a proliferation of glo...
by Dead Man Walking
Tue Feb 26, 2019 3:13 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 30783

Re: [2018 tax return - How does it compare to previous years?]

Our pension income increased by $294 this year over last year. We made no adjustments to our W-4 for 2018 and simply allowed the retirement system to apply the new tax rates provided by the IRS. Our federal withholdings decreased by $1,454. We decided to use an accountant to prepare our 2018 return ...
by Dead Man Walking
Wed Feb 20, 2019 2:14 am
Forum: Personal Investments
Topic: Fidelity vs Vanguard
Replies: 41
Views: 4769

Re: Fidelity vs Vanguard

Toyota vs Honda I have driven Hondas since 1985 and have never owned a Toyota. The automotive media has rated Hondas highly lately; however, there is a major difference between driving a new model and owning it for several years. Hondas haven’t faired as well on J.D. Powers ratings. There have been...
by Dead Man Walking
Tue Feb 19, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: What's your tax filing strategy? (for commoners)
Replies: 31
Views: 1772

Re: What's your tax filing strategy? (for commoners)

I have always read the instructions for Form 1040 and other necessary forms and schedules provided by the IRS. However, I have decided to use a professional accountant who was recommended by friends because I have medical issues that may or may not cause my death in the near future. My wife would be...
by Dead Man Walking
Tue Feb 19, 2019 4:25 am
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 221
Views: 11387

Re: Vanguard Customer Service is Horrible

Many actively managed funds suffer from asset bloat. Vanguard is probably suffering from asset bloat. They simply can’t handle the assets under management with their low cost philosophy. Furthermore, they could careless if they lose a few hundred thousand retail accounts, including Flagship accounts...
by Dead Man Walking
Sat Feb 16, 2019 7:21 pm
Forum: Investing - Theory, News & General
Topic: Low risk, high return portfolio idea - Is this crazy?
Replies: 23
Views: 2654

Re: Low risk, high return portfolio idea - Is this crazy?

MotoTrojan wrote:
Sat Feb 16, 2019 10:49 am
OP in the future I'd recommend you stick with apple to apples comparisons and don't mix BND/S&P500 with active bond/equity funds.
That would spoil the fun! :happy

DMW
by Dead Man Walking
Wed Feb 13, 2019 7:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Innovation Studio
Replies: 4
Views: 882

Re: Vanguard's Innovation Studio

02nz wrote:
Wed Feb 13, 2019 7:33 pm
The title is "Harnessing Shiny New Tech in Service to Finance." I'd settle for not-so-shiny tech in service to customers. Reliable and accurate customer service systems (including but not limited to IT) are so much more important. And Vanguard has a lot of work to do there.
+1 :!:
by Dead Man Walking
Tue Feb 12, 2019 2:17 am
Forum: Investing - Theory, News & General
Topic: Question on International SCV
Replies: 25
Views: 1768

Re: Question on International SCV

Another aspect of small international is that paying dividends is often considered a quality factor in many emerging markets. US investors typically consider dividends a characteristic of value stocks. Emerging markets scare the bejeezus out of me. " What China's Recent Bond Defaults Mean For Inves...
by Dead Man Walking
Tue Feb 12, 2019 1:22 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: No Point To Timing Factors
Replies: 16
Views: 1524

Re: Larry Swedroe: No Point To Timing Factors

My investing experience has taught me that the most significant market timing is simply time in the market.

DMW
by Dead Man Walking
Tue Feb 12, 2019 1:17 am
Forum: Investing - Theory, News & General
Topic: What Is Your Favorite Bogle Quote?
Replies: 48
Views: 2733

Re: What Is Your Favorite Bogle Quote?

Costs matter! That simple statement has guided my investment philosophy since I read it many moons ago, and it has never let me down.

DMW
by Dead Man Walking
Tue Feb 12, 2019 1:06 am
Forum: Investing - Theory, News & General
Topic: Question on International SCV
Replies: 25
Views: 1768

Re: Question on International SCV

Another aspect of small international is that paying dividends is often considered a quality factor in many emerging markets. US investors typically consider dividends a characteristic of value stocks. Emerging markets scare the bejeezus out of me. " What China's Recent Bond Defaults Mean For Inves...
by Dead Man Walking
Mon Feb 11, 2019 11:10 pm
Forum: Investing - Theory, News & General
Topic: How Investing Ability Changes With Age --blog post
Replies: 33
Views: 2544

Re: How Investing Ability Changes With Age --blog post

Please explain how this applies to an investor who chooses to invest in Target Retirement Funds in his tax sheltered accounts and Life Strategy Funds in his taxable accounts. I suppose that a few crazy old farts would stick with Life Strategy Growth for their entire life.

DMW