Search found 696 matches

by Dead Man Walking
Sun Oct 14, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6162

Re: When to stop putting money into an older vehicle

My daily driver has had a leaking (more like weeping) axle seal since it was 1 year old. Replacing it did nothing to fix it. Just keep the fluids topped off (you should be checking everything regularly anyway) and you’ll be fine. +1 Over the last 55 years, I've owned several vehicles that leaked fl...
by Dead Man Walking
Sun Oct 14, 2018 2:36 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5447

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

I've read all of the Vanguard vs Fidelity threads. I've used the websites of both and don't understand the preferences claimed by proponents of either. They are different, but neither is that difficult to navigate. Preference may be based on experience with one over the other. I'm fascinated by the ...
by Dead Man Walking
Fri Oct 12, 2018 1:13 am
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4483

Re: Does international really buy you diversification?

Many large cap foreign stocks participate in the global economy; therefore, an investment in them allows an investor to have a global presence that may provide diversification outside the US. Globalization may have minimized the diversification of international investments, but probably hasn't elimi...
by Dead Man Walking
Thu Oct 11, 2018 8:50 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity announces simplified index fund structure]
Replies: 20
Views: 2486

Re: [Fidelity announces simplified index fund structure]

The zero minimum amount may be as important as the zero expense ratios. Beginning investors will find the zero minimum a good reason to invest a few bucks. It's not a big deal to me now, but it would have been a really big deal 50 years ago. I'm happy to see Fidelity put out the welcome mat for new ...
by Dead Man Walking
Thu Oct 11, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 95
Views: 8296

Re: When will you backup the truck on stocks

I'm waiting for a 50-60% drop, and the Bogleheads start chirping about the fantastic buying opportunity that they have been blessed with.

DMW
by Dead Man Walking
Thu Oct 11, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7525

Re: What did you buy today

A bottle of Bushmills to celebrate my excellent timing in rebalancing my portfolio!

DMW
by Dead Man Walking
Thu Oct 11, 2018 1:05 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs others
Replies: 27
Views: 1871

Re: Vanguard vs others

Many posts compare Vanguard, Fidelity, and Schwab. What about others such as the new Chase You Invest that offer free trades for mutual funds, ETFs, stocks, and fixed income investments?

DMW
by Dead Man Walking
Mon Oct 08, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Index vs. actively managed funds....is there a good tool to compare?
Replies: 24
Views: 1855

Re: Index vs. actively managed funds....is there a good tool to compare?

I'm not familiar with the funds about which you're asking; however, it sounds like their performance should be compared to Vanguard growth index fund and Vanguard midcap growth index fund.

DMW
by Dead Man Walking
Sun Oct 07, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 595
Views: 87461

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I've been following this thread since it began and have told my wife about it. We've owned 6 new Hondas since 1985. She is due for a new car in the near future. After hearing about the problems Honda is experiencing with these engines, she is having second thoughts about buying another Honda. I have...
by Dead Man Walking
Sat Oct 06, 2018 1:42 am
Forum: Investing - Theory, News & General
Topic: Bloomberg - Cliff Asness Interview
Replies: 22
Views: 1994

Re: Bloomberg - Cliff Asness Interview

The posts in this thread seem to make a good argument for blend funds.

DMW
by Dead Man Walking
Sat Oct 06, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Number of mutual funds offered in JP Morgan Chase "You Invest"
Replies: 10
Views: 784

Re: Number of mutual funds offered in JP Morgan Chase "You Invest"

DMW, I was trying to understand the example you gave and have some question. The referenced PDF of available funds (as posted by arf30) says that "Only load-waived Class A shares and no-load shares (or a similar share class in the case of fund families that do not offer load-waived shares for self-...
by Dead Man Walking
Fri Oct 05, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Number of mutual funds offered in JP Morgan Chase "You Invest"
Replies: 10
Views: 784

Re: Number of mutual funds offered in JP Morgan Chase "You Invest"

Chase offers a multitude of mutual funds. My perusal of the list revealed that most load funds were offered as load waived; therefore, they were essentially load free. I checked out a couple of John Hancock funds that are managed by Dimensional Fund Advisors. The International Small Company Fund (JS...
by Dead Man Walking
Fri Sep 28, 2018 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard: Transition to our new investment platform
Replies: 44
Views: 12792

Re: Vanguard: Transition to our new investment platform

I received the following email from Vanguard. What is this about? datamonkee: I have not been contacted. My guess is that Vanguard is contacting its largest shareholders first. Congratulations and best wishes. Taylor Taylor, My guess is that Vanguard is contacting its younger shareholders first. My...
by Dead Man Walking
Fri Sep 28, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 879
Views: 95626

Re: [What TV Show Have You Recently Watched?]

I was scrolling through the program guide on my cable service and saw Barney Miller was on one of those channels that shows mostly reruns of old TV series. The show was a hit comedy in the 1970's. Set in a NYC police precinct, the show relies on clever dialogue among several quirky characters. The ...
by Dead Man Walking
Wed Sep 26, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 879
Views: 95626

Re: [What TV Show Have You Recently Watched?]

I was scrolling through the program guide on my cable service and saw Barney Miller was on one of those channels that shows mostly reruns of old TV series. The show was a hit comedy in the 1970's. Set in a NYC police precinct, the show relies on clever dialogue among several quirky characters. The t...
by Dead Man Walking
Wed Sep 26, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: Chase You Invest, is low cost the new default?
Replies: 13
Views: 1710

Re: Chase You Invest, is low cost the new default?

The account is starting to look interesting. For those who has a You Invest account, can you share experience on the following: 1) Can you purchase Treasury in auction? 2) Can one transfer existing t-bills into Your Invest? 3) Is there any fee for buying or selling bonds (eg does ‘free’ trading inc...
by Dead Man Walking
Mon Sep 24, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 98
Views: 7568

Re: Leasing Cars in Retirement

I've never leased a car, and usually buy one and drive it for 10-15 years. However, I have sold a few cars because I either didn't like the car or anticipated problems with it because the model was notorious for a specific problem. The problem that I see with a lease is that I may be stuck with a ca...
by Dead Man Walking
Thu Sep 20, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs vs Traditional Mutual Funds
Replies: 5
Views: 456

Re: Vanguard ETFs vs Traditional Mutual Funds

This is why Vanguard is urging investors to enroll in brokerage accounts. ETFs are the funds of the 21st century. I would not be surprised if all new funds are ETFs. This seems to be the trend with factor based funds and esoteric index funds.

DMW
by Dead Man Walking
Sun Sep 16, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 11768

Re: Age in Bonds - Still Recommended?

I wonder if the responses would be different if this question were asked in the 1970's.

DMW
by Dead Man Walking
Thu Sep 13, 2018 11:50 pm
Forum: Investing - Theory, News & General
Topic: The Problem for Active Management Isn't Indexing
Replies: 7
Views: 971

Re: The Problem for Active Management Isn't Indexing

Their study indicates that only 28% of equities are held by index funds, active funds, and ETFs. Now that is interesting. I can't help but wonder what the breakdown of the other 72% is. Provided the numbers are accurate. I can't verify Blackrock's statistics; however, you have pointed out what I fo...
by Dead Man Walking
Thu Sep 13, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 6141

Re: Vanguard Switch to Brokerage Accounts

A mandatory switch to brokerage accounts would demonstrate the weakness of Vanguard's IT department. A representative should be able to determine the type of account an investor has when he calls. A mouse click or touch on his monitor should take him to the appropriate platform. This should not be a...
by Dead Man Walking
Thu Sep 13, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: The Problem for Active Management Isn't Indexing
Replies: 7
Views: 971

Re: The Problem for Active Management Isn't Indexing

Read the article just the other day. It seems to me the author does not realize that "professionally managed assets" does include index funds. The author quoted a Blackrock study about index mutual funds, ETFs, and active funds. Since Blackrock sponsors iShares ETFs, I'm pretty sure that they know ...
by Dead Man Walking
Thu Sep 13, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: The Problem for Active Management Isn't Indexing
Replies: 7
Views: 971

The Problem for Active Management Isn't Indexing

The Problem for Active Management Isn't Indexing according to a recent Rekenthaler Report.

https://www.morningstar.com/articles/88 ... exing.html
by Dead Man Walking
Wed Sep 12, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benchmark Smoke And Mirrors
Replies: 14
Views: 1193

Re: Larry Swedroe: Benchmark Smoke And Mirrors

Aren’t we all overthinking this? Isn’t the true benchmark of a fund what you would have invested in, in its place? This is the system that I use when comparing funds. I often use DFA funds as a benchmark. I always consider the cost of an advisor when comparing DFA funds to funds offered by other fu...
by Dead Man Walking
Mon Sep 10, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Need an independent insurance adjuster?
Replies: 5
Views: 564

Re: Need an independent insurance adjuster?

Over 25 years ago, my parent's 2 story garage burned down. The garage was a storage area for many antiques and power equipment. Allstate Insurance gave my dad the run around, and he decided to consult an independent insurance adjuster who was a member of his church. The adjuster achieved a much bett...
by Dead Man Walking
Mon Sep 10, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 5671

Re: Low pay and low stress jobs with health benefit

Many posts have mentioned a public school setting. If you want a low stress position in the public schools, consider a custodian/janitorial position that cleans the school after the school day is over. The kids are gone and the staff leaves shortly after their shift begins. If you show a little init...
by Dead Man Walking
Fri Sep 07, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Where's the Inflation Hedge for Short-Term TIPS?
Replies: 79
Views: 4676

Re: Where's the Inflation Hedge for Short-Term TIPS?

I was alive and beginning to invest during the 1970's and 1980's; consequently, I may be hypersensitive to inflation. I have invested in TIPs funds and I bonds due to my experiences. However, the role of central banks in the current environment makes me wonder if inflation will ever spiral out of co...
by Dead Man Walking
Thu Sep 06, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Myth Busting on Index Funds
Replies: 16
Views: 4123

Re: Myth Busting on Index Funds

Larry, You state that your firm recommends that clients hold 12,000-20,000 stocks. Together Vanguard TSM and Total International hold 10,008 stocks. Since you recommend far more stocks, I wonder if Vanguard's total market funds are truly "total market" funds. Knowing that you lean toward small caps,...
by Dead Man Walking
Tue Sep 04, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard free RMD service
Replies: 5
Views: 1013

Re: Vanguard free RMD service

Go to Vanguard.com. Type rmd service in the search box. The search will give you the link to establish the free service. As I recall, Vanguard sent me a message when I was nearly 70.5 years of age asking if I wanted to use the service. My tIRA account is a rollover from an employer account. This may...
by Dead Man Walking
Tue Sep 04, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 7869

Re: I still use cash not credit cards should I reconsider?

The number one reason that I use my credit cards is that many cashiers can't count out change even if the cash register shows them what it should be.
by Dead Man Walking
Mon Sep 03, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 109
Views: 8358

Re: Is it time to go shorter in bonds ?

For a mutual fund investor, should the allocation to TIPS be invested in Inflation-Protected Securities Fund (VIPSX) or Short-term Inflation-Protected Securities Index Fund (VTAPX)? It depends on what you are trying to accomplish with the investment and what your other holdings would be. If you are...
by Dead Man Walking
Mon Sep 03, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 109
Views: 8358

Re: Is it time to go shorter in bonds ?

Generally, you should be focused on your overall portfolio. Nominal bonds are not a good investment for a retiree if that is all they held. They are too exposed to inflation risk. If you are 75% or more allocated to bonds, they should be TIPS. For a mutual fund investor, should the allocation to TI...
by Dead Man Walking
Mon Sep 03, 2018 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 109
Views: 8358

Re: Is it time to go shorter in bonds ?

I have chosen to use short-term bond funds in my portfolio because I have chosen to take risk on the equity side. According to the Vanguard site, I have not achieved the returns that I could have had I invested in either the intermediate or the long-term bond index funds. If I had invested in the in...
by Dead Man Walking
Sat Aug 25, 2018 12:56 am
Forum: Investing - Theory, News & General
Topic: Short term TIPS fund vs TIPS fund in Roth IRA
Replies: 3
Views: 345

Short term TIPS fund vs TIPS fund in Roth IRA

I'm wondering which Vanguard TIPS fund is better for a Roth IRA account - Vanguard Short-term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) or Vanguard Infation-Protected Securities Fund (VIPSX). Based on the expense ratios and duration of the funds, I'm guessing that VTAPX is the...
by Dead Man Walking
Mon Aug 20, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: According to BKM, value and small firms may do worse in economic downturn
Replies: 24
Views: 1245

Re: According to BKM, value and small firms may do worse in economic downturn

I've read that small caps may do better if a trade war based on tariffs develops because their business is localized. This may be bs, but it seems to be a reasonable theory.

DMW
by Dead Man Walking
Mon Aug 20, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active’s Surprising Survival
Replies: 11
Views: 1058

Re: Larry Swedroe: Active’s Surprising Survival

Active management may survive due to investment in active funds by investment advisors. I live in the sticks and every investment advisor in my area puts clients in active funds. Although many folks have smart phones, they don't have the confidence or intelligence to invest via the internet. They ne...
by Dead Man Walking
Mon Aug 20, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73972

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Jonathan Clements' Saturday morning perspective on Fidelity's zero funds: http://www.humbledollar.com/2018/08/low-fidelity/ Clements may have hit the most important aspect of Fidelity's zero push when he pointed out that Fidelity now offers funds at a zero minimum investment. Vanguard's $3,000 mini...
by Dead Man Walking
Wed Aug 15, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Betting Against Beta
Replies: 12
Views: 1544

Re: Larry Swedroe: Betting Against Beta

Since the current bull market is rather long in the tooth, would betting against beta be market timing if an investor chose to sell his high beta funds now?

DMW
by Dead Man Walking
Sun Aug 12, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 42
Views: 3448

Re: Buy back service time on pension

I would buy those service years if you are sure you want to stay in the county system for employment. If you are, it would be silly not to. I bought back a year under the state pension system and I definitely don't regret it. -TheDDC [/quote] That's the easier call. The harder call is whether I sho...
by Dead Man Walking
Fri Aug 10, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Have you rebalanced to bonds this year?
Replies: 25
Views: 2292

Re: Have you rebalanced to bonds this year?

I'm waiting for a market correction to automatically rebalance my portfolio. I have usually rebalanced with new money; however, my new money is going to a remodeling project.

DMW
by Dead Man Walking
Thu Aug 09, 2018 1:09 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21687

Re: "Don't Obsess About Expense Ratios"

I've invested with Fidelity and Vanguard for decades. I'm amused by the posts that discuss the advantages of the personal service provided by Fidelity. When I began investing with these investment companies, I called each; and they snail mailed the forms that were required to open an account. I didn...
by Dead Man Walking
Sun Aug 05, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4851

Re: Dear BH, what are non-BH actions you do?

I own actively managed funds. Currently, all of them are Vanguard funds.

DMW
by Dead Man Walking
Sun Aug 05, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Market Timing Bonds vs. Money Market with Rising Interest Rates
Replies: 27
Views: 3118

Re: Market Timing Bonds vs. Money Market with Rising Interest Rates

Like many posters here, my bond investments are short-term bonds because I prefer to take risk with equities. In the current environment, I'm putting new money in money market funds rather than bond funds. I'm basing my decision on recent total return numbers. If this is market timing, I'm guilty. I...
by Dead Man Walking
Fri Aug 03, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Fidelity eliminated $50 IRA closeout fee
Replies: 9
Views: 1574

Re: Fidelity eliminated $50 IRA closeout fee

We had many threads over the years from posters annoyed by a $50 fee charged by Fidelity for closing out an IRA. Some leave a small balance in a Fidelity IRA simply to avoid this fee. Fidelity charges to close accounts! 50.00 Fee from Fidelity for transfer Annoyed with Fidelity A small rant about a...
by Dead Man Walking
Fri Aug 03, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Next trillion market cap, MSFT, AMZN, GOOG?
Replies: 6
Views: 812

Re: Next trillion market cap, MSFT, AMZN, GOOG?

Saudi Arabian Oil will be next if the proposed IPO is ever offered.

DMW
by Dead Man Walking
Tue Jul 31, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 176
Views: 9925

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

Although we don't have any plans to travel internationally, my wife and I have air ambulance service insurance. We live in a rural area that is serviced by a small hospital. The emergency department is very competent with diagnosis, and they are smart enough to know what they can handle and what is ...
by Dead Man Walking
Mon Jul 30, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 83
Views: 11050

Re: Vanguard Precious Metals and Mining Fund is changing

If one is thinking of investing in sector funds, why not try to determine which sector will be hot and choose the Fidelity sector fund that invests in that sector.

DMW
by Dead Man Walking
Mon Jul 30, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Are stocks dangerously overvalued? Not according to new Vanguard yardstick
Replies: 84
Views: 8925

Re: Are stocks dangerously overvalued? Not according to new Vanguard yardstick

Over the last decade interest rates have been very low. Has the stock market ever been stimulated by abnormally low interest rates as it has been over the last decade? Low rates seem to have been a global phenomenon. I ask this question because I don't know if this period is an historical anomaly or...
by Dead Man Walking
Sat Jul 28, 2018 1:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard vs Fidelity representatives
Replies: 15
Views: 2081

Re: Vanguard vs Fidelity representatives

If the paperwork was going to Vanguard, I think Vanguard is the one to answer the signature guarantee question, hence Fidelity telling you to call them. It seems that Fidelity gave you the right answer. The cash was coming from Fidelity to Vanguard. It seems to me that the company releasing my mone...
by Dead Man Walking
Fri Jul 27, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Reading Inverted Yield Curves
Replies: 6
Views: 1048

Re: Larry Swedroe: Reading Inverted Yield Curves

The final sentence says it all: "In other words, there was no predictive value."

The historically low interest rates may have encouraged investors to assume more risk. Many of them may not have correctly calculated their ability, willingness, and need to take risk.

DMW