Search found 581 matches

by Dead Man Walking
Mon Apr 16, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Underestimate Buyback Power
Replies: 12
Views: 2324

Re: Larry Swedroe: Don’t Underestimate Buyback Power

A “buyback yield” mutual fund could be really nice to have in taxable. There are several ETFs already, with slightly different twists. PKW, SYLD, TTFS, TTAC 10% of my portfolio is in one of these. Since I don't invest in ETFs, I had no idea that such ETFs existed. The proliferation of ETFs that tra...
by Dead Man Walking
Wed Apr 11, 2018 1:02 am
Forum: Personal Consumer Issues
Topic: Honda reliability slipping?
Replies: 31
Views: 3824

Re: Honda reliability slipping?

I've owned 6 Hondas. I agree that their reliability has dipped into average territory especially with new models. The last 2 that I purchased were the last model of a generation. My reasoning was that Honda had probably resolved any problems over the 4-5 years of the generation's existence. So far t...
by Dead Man Walking
Tue Apr 10, 2018 1:12 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11286

Re: What is your AA, given your age? and, Why?

My wife and I are septugenarians. Our portfolio is for long term care if needed and for our heirs if not. Our pensions more than cover our expenses. In fact our greatest problem is that our savings can not be tax-sheltered. Our current allocation is about 40/60 since we don't need to assume a lot of...
by Dead Man Walking
Tue Apr 10, 2018 12:02 am
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 26
Views: 3164

Re: The Two Fund Portfolio

If I were buying a 2 fund portfolio, I'd use the Vanguard Global Equity fund (Ticker VHGEX or the EFT: VT) and an intermediate-term US bond fund (there are several to choose from). All else adds too much cost and complexity that I do not want or need. Rick, I understand your argument about just usi...
by Dead Man Walking
Mon Apr 09, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 53
Views: 5938

Re: Just how safe is a short-term corporate bond fund?

I've held Vanguard Short Term Investment Grade Fund in my IRA account for over a decade. I chose the fund because I wanted to manage duration risk and hoped to gain a little total return over treasuries. Holding the fund rather than a long-term fund in a falling interest rate environment cost me a l...
by Dead Man Walking
Mon Apr 09, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 26
Views: 3164

Re: The Two Fund Portfolio

If I were buying a 2 fund portfolio, I'd use the Vanguard Global Equity fund (Ticker VHGEX or the EFT: VT) and an intermediate-term US bond fund (there are several to choose from). All else adds too much cost and complexity that I do not want or need. Rick, I understand your argument about just usi...
by Dead Man Walking
Tue Apr 03, 2018 11:18 pm
Forum: Investing - Theory, News & General
Topic: Best longevity calculator?
Replies: 32
Views: 2688

Re: Best longevity calculator?

My posting name is not a reference to a movie or a sly play on my initials. It was a diagnosis close to the time that I joined the forum about ten years ago. I'm fortunate that my defined benefit pension will provide for my wife after I'm gone. I must admit that I love beating the calculated odds ev...
by Dead Man Walking
Mon Apr 02, 2018 1:15 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 46
Views: 3520

Re: Customer Service with Vanguard

I have invested with Vanguard since the 1980's and have conducted business via either snail mail or the internet most of the time. I've probably called less than a dozen times over that time period. The only problem that I have experienced was a recent experience involving my checking account with P...
by Dead Man Walking
Sat Mar 31, 2018 12:00 am
Forum: Investing - Theory, News & General
Topic: Is backtesting worthless? Are there ANY insights you can get from it?
Replies: 69
Views: 4390

Re: Is backtesting worthless? Are there ANY insights you can get from it?

I'm too pragmatic to accept the theoretical backtesting used by most researchers. If they want to sell me on their hypothesis, it must be proven using funds that are available to the general public. Of course, survivorship bias must be considered when using mutual funds. Survivorship bias may also b...
by Dead Man Walking
Tue Mar 27, 2018 12:29 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3491
Views: 985523

Re: What Movie Have You Recently Watched?

I watched Atomic Blonde, Charlize Theron is the main actress. I think I enjoyed it, especially when I get to watch it free in business/first class on Hawaiian Airlines. Atomic Blonde is a great action film of the international intrigue genre. I have to admit that I have a crush on Charlize Theron, ...
by Dead Man Walking
Sun Mar 25, 2018 12:05 am
Forum: Investing - Theory, News & General
Topic: Are we missing recession /bear market beginning
Replies: 174
Views: 17243

Re: Are we missing recession /bear market beginning

Macroeconomics and politics are prohibited topics on this forum. Stuff happens, and there are no relevant conversations on this forum that can address the investment ramifications of either.

DMW
by Dead Man Walking
Fri Mar 23, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Financial Trends Persist
Replies: 51
Views: 4448

Re: Larry Swedroe: Why Financial Trends Persist

As lack-ey stated. CS Momentum is market neutral because it always buys relative winners and sells relative losers. It had no net market exposure. TS Momentum is a shifting allocation strategy. The % equity exposure goes up and down depending on whether stocks are going up or down. I believe CS Mom...
by Dead Man Walking
Thu Mar 22, 2018 1:07 am
Forum: Investing - Theory, News & General
Topic: "Smart Beta's Foundation Problem"
Replies: 31
Views: 2929

Re: "Smart Beta's Foundation Problem"

My only problem with academic research is that much of it doesn't show results using retail funds available to the general public. It's rather like driving on a freeway while looking in the rearview mirror. Another problem is that determining a quantitative strategy using historical data is one thin...
by Dead Man Walking
Tue Mar 20, 2018 1:56 am
Forum: Personal Consumer Issues
Topic: ZVOX AccuVoice TV speaker
Replies: 3
Views: 323

ZVOX AccuVoice TV speaker

As a septuagenarian, I was curious about the TV ads for the ZVOX AccuVoice TV speakers. My son is a sound engineer, so I asked him about them. He actually owns some ZVOX speakers and recommended that I try them. These speakers perform as advertised. They actually increase the clarity of most voices....
by Dead Man Walking
Tue Mar 20, 2018 1:27 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 148
Views: 12444

Re: What is your favorite reasonably priced bourbon?

Can't believe that my original post has been revived! I've added Angel's Envy to my list of favorites. It is really smooth for those of us that drink bourbon straight and neat.

DMW
by Dead Man Walking
Tue Mar 20, 2018 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Chase Bill pay not functioning
Replies: 1
Views: 330

Chase Bill pay not functioning

I use Chase bill pay to pay my Chase credit card and some other bills. I tried to pay bills using the Chase system on Friday and could not complete transactions. I assumed that all the working stiffs had overloaded the system on their payday; consequently, I waited until Monday to pay my bills. The ...
by Dead Man Walking
Tue Mar 20, 2018 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Fast IRS refund
Replies: 38
Views: 3449

Re: Fast IRS refund

I filed my return via snail mail and received my refund via ACH to my checking account in less than a month. My return was rather simple since I don't itemize and my income is covered by 1099s.

DMW
by Dead Man Walking
Wed Mar 14, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Count Out Commodities
Replies: 51
Views: 6085

Re: Larry Swedroe: Don’t Count Out Commodities

However beautiful the strategy, you should occasionally look at the results.

Winston Churchill
by Dead Man Walking
Tue Mar 13, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Count Out Commodities
Replies: 51
Views: 6085

Re: Larry Swedroe: Don’t Count Out Commodities

Larry's reference to Pete Carroll's play call in the Super Bowl was amusing. Calling a pass play was not Pete's big mistake; failing to call one that utilized Russell Wilson's skill set was. Will a 5% allocation to CCFs have a significant effect on the total return of a diversified portfolio? Some p...
by Dead Man Walking
Sun Mar 04, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: World's Oldest Investment Trust
Replies: 1
Views: 475

Re: World's Oldest Investment Trust

Baillie Gifford manages the top performing Scottish Mortgage Investment Trust. Baillie Gifford also manages a portion of Vanguard's International Growth Fund and Global Equity Fund.

DMW
by Dead Man Walking
Fri Mar 02, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: What kind of desktop computer should I buy?
Replies: 49
Views: 4121

Re: What kind of desktop computer should I buy?

I will be using the computer for: * Internet browsing, up to 6-8 tabs open in Chrome * QBooks, Turbotax desktop software * Light video editing * Occasional (1-2x/month for a few minutes) viewing of video ultrasound images via Citrix * Not needed currently, but may use Dragon voice recognition softw...
by Dead Man Walking
Thu Feb 22, 2018 1:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Funds Launch
Replies: 30
Views: 4550

Re: Vanguard US Multifactor Funds Launch

The old adage "time in the market" is applicable to factor-based funds. Time will tell whether the multi factor-based funds available to retail investors will deliver the risk adjusted performance claimed by those marketing and/or advocating them. Some of us in the deccumulation phase may not have t...
by Dead Man Walking
Mon Feb 12, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2448

Re: Credit Card Statement & Receipt Clearing - Help!

I'm old-fashioned. I reconcile my statements manually and shred receipts. I still receive paper statements for all my bills even though I have established web site access to them. I keep statements until the previous month's payment has been recorded on the next bill. I don't have that many charges ...
by Dead Man Walking
Sun Feb 11, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Soul searching on interest rates
Replies: 15
Views: 1373

Re: Soul searching on interest rates

The standard recommendation for your concern is to shorten the duration of your bond funds. Many state specific tax exempt funds have long durations; consequently, you may have to invest in a national tax exempt fund to achieve a shorter duration. If you're losing sleep worrying about rising interes...
by Dead Man Walking
Sun Feb 11, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 111
Views: 8505

Re: How does one emotionally keep it together during market swings?

You could invest in a multifactor portfolio as described by Larry Swedroe. These portfolios are not highly correlated to market beta according to his research. Unfortunately, the retail funds that use multiple factors don't have histories which include a deep bear market.

DMW
by Dead Man Walking
Thu Feb 08, 2018 12:58 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 111
Views: 11407

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

None of the alternative funds Larry Swedroe recommends has a 5 year history. The inception date of QSPRX, the fund with the longest history, was 10/30/13. The funds seem to be actively managed. The article stated that an equal weighted portfolio of these funds could be a substitute for stocks. Of co...
by Dead Man Walking
Sat Feb 03, 2018 2:40 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 8091

Re: Fewer acronyms please

The use of ticker symbols can be confusing since ticker symbols may apply to mutual funds or exchange traded funds. The best way to communicate about funds is to use the proper name of the fund followed by the ticker symbol in parentheses. For example, Vanguard Small Cap Value Index Fund Admiral Sh...
by Dead Man Walking
Fri Feb 02, 2018 2:28 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 8091

Re: Fewer acronyms please

The use of ticker symbols can be confusing since ticker symbols may apply to mutual funds or exchange traded funds. The best way to communicate about funds is to use the proper name of the fund followed by the ticker symbol in parentheses. For example, Vanguard Small Cap Value Index Fund Admiral Sha...
by Dead Man Walking
Mon Jan 29, 2018 12:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Rising Rates Increase Worries
Replies: 86
Views: 13350

Re: Larry Swedroe: Rising Rates Increase Worries

The problem with the alternatives that Larry Swedroe suggests is that they require an investment advisor and have a limited history. Many Bogleheads remember his posts about CCFs and are reluctant to jump into his latest theoretical suggestions. The nobody knows nothing crowd haven't weighed in on t...
by Dead Man Walking
Mon Jan 22, 2018 7:21 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Watch still sucks, international composition edition
Replies: 12
Views: 1474

Re: Portfolio Watch still sucks, international composition edition

Since Vanguard is pushing international equities and bonds in their Target Retirement Funds and Life Strategy Funds, one would think that they would have a better handle on tracking international indices. Perhaps tracking will improve when they begin using blockchain to track indices.

DMW
by Dead Man Walking
Sun Jan 21, 2018 4:00 am
Forum: Personal Consumer Issues
Topic: Rent (free at library) or buy books?
Replies: 50
Views: 3055

Re: Rent (free at library) or buy books?

We use the local library. The library sells used books for extremely low prices. We've bought some cookbooks and birding books. We also make a charitable contribution to the library annually. I have always been a fan of Ben Franklin!

DMW
by Dead Man Walking
Sun Jan 21, 2018 3:29 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Lessons From 2017
Replies: 26
Views: 5522

Re: Larry Swedroe: Lessons From 2017

Does the often stated double negative "nobody knows nothing" apply to Larry? The often stated double negative was used in this thread; consequently, I am curious if it applies to everyone. I enjoy Larry's articles and do not think that he is a know nothing.

DMW
by Dead Man Walking
Thu Jan 18, 2018 5:03 am
Forum: Investing - Theory, News & General
Topic: Was 2017 a unique year for the stock market?
Replies: 11
Views: 2058

Re: Was 2017 a unique year for the stock market?

Yes, it was a unique year. There's been a total lack of volatility in the market since Nov. 2016. We haven't had even a 3% drop in the S&P 500 since Nov. 2016, 13.5 months now. The previous record for "no 3% drop" was Jan. 1995-Jan. 1996, 12 months, which of course was followed by several strong ye...
by Dead Man Walking
Tue Jan 16, 2018 11:28 pm
Forum: Investing - Theory, News & General
Topic: Was 2017 a unique year for the stock market?
Replies: 11
Views: 2058

Re: Was 2017 a unique year for the stock market?

No, 10% intrayear declines are common but don't happen every year. IIRC maybe there was some kind of statistic such as there being about X 10%+ drawdowns in the last X years for the US market, or some other figure where the two are similar, coming around to about 1 on average a year. But that's bec...
by Dead Man Walking
Tue Jan 16, 2018 11:24 pm
Forum: Investing - Theory, News & General
Topic: Was 2017 a unique year for the stock market?
Replies: 11
Views: 2058

Re: Was 2017 a unique year for the stock market?

Peculiar_Investor wrote:
Tue Jan 16, 2018 7:38 pm
Which stock market? There are Bogleheads here from many different countries.
How about Canada? Israel? Great Britain? Vietnam?
by Dead Man Walking
Tue Jan 16, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: Was 2017 a unique year for the stock market?
Replies: 11
Views: 2058

Was 2017 a unique year for the stock market?

On the local news, a finance professor stated that 2017 was the first year that the stock market did not experience a 10% correction. Is that correct?

DMW
by Dead Man Walking
Tue Jan 16, 2018 2:09 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 4702

Re: Budgeting Vs Savings Rate

We've never had a budget other than knowing when things like taxes and insurance premiums would be due. I think an important aspect of budgeting is smart spending. An intelligent consumer buys things when they can get the best deal. Consumer Reports and others publish the best times to purchase most...
by Dead Man Walking
Sun Jan 14, 2018 11:56 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3933

Re: Are land line phones still being supported?

I live in a rural area that has poor cellphone service. Consequently, I kept my land line telephone until last year. Verizon sold their land lines to Frontier Communications in my area. Frontier Communications is the worst service company that I have ever dealt with. My service had so much static th...
by Dead Man Walking
Sun Jan 14, 2018 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: How long do you save tax returns?
Replies: 39
Views: 3355

Re: How long do you save tax returns?

Check out the requirements at irs.gov and your state's tax site.
by Dead Man Walking
Sat Jan 13, 2018 5:10 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 105
Views: 12789

Re: Small cap value vs. total market?

Saltycaper, Thanks for responding. I've compared the performance of small cap funds using 15 year returns provided by Morningstar for several years. The difference between value, growth, and blend funds is usually around 1%. The difference usually depends on what segment of the market has been in fa...
by Dead Man Walking
Sat Jan 13, 2018 3:33 am
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 49
Views: 4966

Re: why do banks bother offering lousy CD rates?

We bank at Chase. My wife doesn't do internet banking; consequently, we don't have internet banking accounts. However, we have accounts with local b & m banks that offer rates slightly lower than internet banks. When I write checks for deposits in these banks that are $10,000 or over, we receive a c...
by Dead Man Walking
Sat Jan 13, 2018 3:00 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 88
Views: 11830

Re: IRS announces new withholding tables for 2018

I plan to use the new charts to calculate my taxes for 2018 after I receive my February pension check. I plan to calculate my taxes so that I owe a small amount. If someone files a fraudulent tax return and receives a refund using my identity, that would be an IRS problem. This scenario would probab...
by Dead Man Walking
Sat Jan 13, 2018 2:34 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 105
Views: 12789

Re: Small cap value vs. total market?

Will someone please show me performance statistics that show that retail small cap value mutual funds have outperformed retail small cap blend mutual funds over periods of time more than 15 years. I tilt toward small caps, but don't buy the small cap value argument. I think that the key is small ca...
by Dead Man Walking
Sat Jan 13, 2018 1:26 am
Forum: Investing - Theory, News & General
Topic: Skating where the puck was; e.g., commodities. Factors next?
Replies: 35
Views: 2617

Re: Skating where the puck was; e.g., commodities. Factors next?

It's been my experience that academics provide entertaining research and theories about many aspects of the human condition; however, some of their work doesn't really apply to the real world human experience. Investing is not an exception to this observation.

DMW
by Dead Man Walking
Thu Jan 11, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: An economist dismisses the idea of dollar cost averaging
Replies: 71
Views: 5644

Re: An economist dismisses the idea of dollar cost averaging

When I quoted Thesaints, I may have misunderstood the phrase "cost averaging." My interpretation is probably closer to periodic investing than the dollar cost averaging many have defined in this thread. When I rebalance, I have often done it by gradually selling one asset class to buy another. In th...
by Dead Man Walking
Tue Jan 09, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: An economist dismisses the idea of dollar cost averaging
Replies: 71
Views: 5644

Re: An economist dismisses the idea of dollar cost averaging

The one true, incontrovertible, fact is that cost averaging reduces the volatility of returns, and in particular eliminates extreme tails of the distribution. This at the price of a reduction in the expected return. Many detractors focus only on the second aspect and in doing that they are wrong. +1
by Dead Man Walking
Sat Jan 06, 2018 2:50 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 105
Views: 12789

Re: Small cap value vs. total market?

Will someone please show me performance statistics that show that retail small cap value mutual funds have outperformed retail small cap blend mutual funds over periods of time more than 15 years. I tilt toward small caps, but don't buy the small cap value argument. I think that the key is small ca...
by Dead Man Walking
Sat Jan 06, 2018 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 4348

Re: Downsizing to one car in retirement...

Wife and I are both retired. We downsized from 3 cars to 2 cars this year. We live in a rural area; consequently, one of us would be trapped at home if the other had the car. The disadvantage of downsizing from 3 to 2 cars is that when one car is in the shop for service, we have to plan for having o...
by Dead Man Walking
Fri Jan 05, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 105
Views: 12789

Re: Small cap value vs. total market?

Will someone please show me performance statistics that show that retail small cap value mutual funds have outperformed retail small cap blend mutual funds over periods of time more than 15 years. I tilt toward small caps, but don't buy the small cap value argument. I think that the key is small cap...
by Dead Man Walking
Thu Jan 04, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 25
Views: 3688

Re: Why Edward Jones?

After reading this thread, I googled to locate investment advisors in my area. I was amazed by the number of Edward Jones advisors that were available in the rural area in which I live. Nearly every small town has one, and a city of 16,000 nearby has 3 of them. There is a Raymond James advisor and a...