Search found 8248 matches

by nedsaid
Sat Sep 23, 2017 1:39 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 68
Views: 15505

Re: How Do You Like My New 'Doo

My portfolio looks more complex than it really is. I have a Mutual Fund IRA which has active funds in it, a Brokerage IRA and a Brokerage Roth IRA, and three leftover workplace savings plans which are mostly indexed. I also have a small Variable Annuity and a couple of small pensions. My accounts, ...
by nedsaid
Sat Sep 23, 2017 1:09 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 68
Views: 15505

Re: How Do You Like My New 'Doo

Imho, having 10 different funds is to much of a ER cost/drag. I wonder if you should stream line the funds down to 2 or 3. It's the blended ER of the funds in the portfolio that matters. I like inputting everything in Morningstar's "Instant X-Ray" to check the blended ER along with the investment s...
by nedsaid
Sat Sep 23, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 68
Views: 15505

Re: How Do You Like My New 'Doo

Just a thought for your analysis... Jack Bogle said ER cost really do matter. I like your individual stocks because once they are purchased their is no on going costs. In my mind that is the best benefit of individual stocks, (I like your stocks). Imho, having 10 different funds is to much of a ER ...
by nedsaid
Fri Sep 22, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 68
Views: 15505

Re: How Do You Like My New 'Doo

Okay, here is the performance record of my individual stocks held in retirement accounts. 15 years 10.28% 10 years 6.95% 5 years 16.91% 3 years 13.58% 1 year 27.12% Below is my performance record for Vanguard US Total Stock Market Index Investor Class. 15 years 10.11% 10 years 7.48% 5 years 13.51% 3...
by nedsaid
Fri Sep 22, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 76
Views: 6999

Re: Any "average Joe" here actually make out well with individual stocks?

Okay, here is the performance record of my individual stocks held in retirement accounts. 15 years 10.28% 10 years 6.95% 5 years 16.91% 3 years 13.58% 1 year 27.12% Below is my performance record for Vanguard US Total Stock Market Index Investor Class. 15 years 10.11% 10 years 7.48% 5 years 13.51% 3...
by nedsaid
Fri Sep 22, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I did learn this lesson myself, I bought an active fund that has a fair amount of turnover. I learned about unwanted capital gains distributions. Still own the fund but haven't contributed to it for over 20 years, indeed I take the distributions and use them to help fund my IRA contribution. The ef...
by nedsaid
Fri Sep 22, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I don't think snarlyjack knows what his tax rate is. He keeps repeating that he receives a tax refund, showing me he doesn't understand his tax situation all that well. Don't forget state taxes which hurt a dividend investor! Nedsaid: I think what he needs to do is have somebody do his return for h...
by nedsaid
Thu Sep 21, 2017 11:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

Of course if an asset has a negative return it needs to be negatively correlated to have value. But go play around on portfolio visualizer and you can see that adding a little gold (real return of about zero) to a stock portfolio improves its Sharpe ratio. Ned, if I recall, their argument was partl...
by nedsaid
Thu Sep 21, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

I am just raising the philosophical point that I want my asset classes to have return after inflation over time. I always wonder why one focuses on the individual returns of asset classes in a portfolio rather than the total return of the portfolio as a whole. Since few own single asset portfolios ...
by nedsaid
Thu Sep 21, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

I am just raising the philosophical point that I want my asset classes to have return after inflation over time. I always wonder why one focuses on the individual returns of asset classes in a portfolio rather than the total return of the portfolio as a whole. Since few own single asset portfolios ...
by nedsaid
Thu Sep 21, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

WIth SnarlyJack, my attitude about tax efficiency has been pretty relaxed in part because he is pretty much dedicated to his dividend strategy come heck or high water. I have gone over with him my opinion that dividend strategies are overgrazed now and this isn't the best time to implement a dividen...
by nedsaid
Thu Sep 21, 2017 9:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

Snarlyjack was quite clear he planned to hold until death, not sure how much clearer I can be that dividends are clearly the incorrect strategy there. And as I mentioned even if you sell before death the dividends still lose due to taxes on dividends not being reinvested. Not sure how much clearer ...
by nedsaid
Thu Sep 21, 2017 9:28 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

Triceratop, If I had to give an estimate as a young single guy, I would say 15%. I really don't know for sure as I always get money back from both Federal & State returns. *** I kind of agree with Avalpert when he said "It isn't that we are not smart enough to keep up with this, it's that we are ac...
by nedsaid
Thu Sep 21, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

It is very likely that snarlyjack should be disappointed. However, whether or not he will be disappointed depends on whether he realizes how much return he is giving up in tax for no discernible reason. I haven't seen anyone engage with the raw numbers I posted earlier, they appear to have been ign...
by nedsaid
Thu Sep 21, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: When Genius Failed by Roger Lowenstein
Replies: 31
Views: 6252

Re: When Genius Failed by Roger Lowenstein

I came across an info-graphic: https://i.imgur.com/7oDucdx.png Is there any validity to this, or reason to be concerned? Thanks. Well, I would not be too worried about this. After all, stocks have to be owned by somebody. One of the problems with American business and American capitalism is too muc...
by nedsaid
Thu Sep 21, 2017 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS Seems Inflexable
Replies: 24
Views: 1740

Re: Vanguard PAS Seems Inflexable

Vanguard is a cost driven company and motivated to keep costs low by offering standardized products; few frills and little customization. Many of the "don't like Vanguard" posts have that as the root source of aggravation. Either accept that and go with their model, or better to look someplace else...
by nedsaid
Thu Sep 21, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard, Charles Schwab and Fidelity will reign over robo advisors
Replies: 1
Views: 574

Re: Vanguard, Charles Schwab and Fidelity will reign over robo advisors

Robo Advisors Paz projects Vanguard PAS to surge over 500,000 clients and $100 billion in assets under management this year. “The giant vacuum-like sound coming from Vanguard funds as they draw increasing client assets demonstrates this brand’s strong pull and makes it very difficult for advisory f...
by nedsaid
Thu Sep 21, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

I would say gold is an investment in the same way any other currency or commodity is. Even cash is technically an investment. It doesn't need a return expectation in excess of inflation (or at all) to be classified as such. It's not insurance technically, although it has tended to function as stock...
by nedsaid
Thu Sep 21, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

Well, Gold has a zero real rate of return over very long periods of time so I don't regard it as an investment as such. It does have very low correlation with the stock market so it should reduce the long term volatility of a portfolio at the price of performance drag. So I would view it as portfol...
by nedsaid
Thu Sep 21, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

It is very likely that snarlyjack should be disappointed. However, whether or not he will be disappointed depends on whether he realizes how much return he is giving up in tax for no discernible reason. I haven't seen anyone engage with the raw numbers I posted earlier, they appear to have been ign...
by nedsaid
Thu Sep 21, 2017 4:37 pm
Forum: Investing - Theory, News & General
Topic: How an asset with a NEGATIVE return can INCREASE your portfolio's return
Replies: 30
Views: 2226

Re: How an asset with a NEGATIVE return can INCREASE your portfolio's return

So many folks here sneer at gold, commodities, bitcoin and other investments that don't have a positive return. They think it's given that if you allocate X% of your portfolio to that asset, your overall cumulative returns must necessarily be X% less. But it's not true if the zero-return asset is v...
by nedsaid
Thu Sep 21, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

Hey ned, good to hear from you. I'd just say that gold is an investment, whereas lottery tickets are... gambles... not investments. SSGA and BlackRock are investment management firms and have gold funds. They don't run the lottery, nor do they run casinos. Vanguard should have a gold fund for the s...
by nedsaid
Thu Sep 21, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

Nedsaid, Here is the YCharts fundamental information on the Vanguard Dividend Appreciation Index Fund ETF. If you scroll through the page it gives the breakdown of the sector holdings & stock "style exposure". It is also available in "admiral shares" where the High Dividend Yield Index is only avai...
by nedsaid
Thu Sep 21, 2017 4:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 94
Views: 4110

Re: Vanguard: Please Offer a Gold ETF

If anyone high up at Vanguard reads this, could you please consider launching a gold ETF similar to GLD and IAU? The fees in this space are relatively high at (.4% and .25% for the prior two mentioned funds) and could greatly use Vanguard's razor thin fee competition. The precious metals fund curre...
by nedsaid
Thu Sep 21, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 76
Views: 6999

Re: Any "average Joe" here actually make out well with individual stocks?

HI, not looking for strategies as that for the most part I have given up on individual stocks.. just wondering if anyone here besides a "Warren Buffet" person can claim it work out for them? Here's my experience A while ago, I attempted to use heavy research, logic, etc for picking stocks : Looked ...
by nedsaid
Thu Sep 21, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 192
Views: 15978

Re: I won the Lottery. Need sound advice.

I would advise that you sit tight for a while. For one thing, you might have a surprise when you figure your 2017 taxes. If it turns out that you will owe on your 2017 tax returns, you will still have the cash to pay the additional tax bill. I would do some projections now. Definitely not the time t...
by nedsaid
Thu Sep 21, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Dividend Strategies Fall Short
Replies: 15
Views: 1406

Re: Larry Swedroe: Dividend Strategies Fall Short

I don't think Larry is much of a reference on dividend index investing. He completely ignores the 3 major multi decade studies that we have. Discouraging. Well, Jeremy Siegel does like dividend investing and he is definitely an academic. I would say that he is the minority opinion in the academic c...
by nedsaid
Wed Sep 20, 2017 4:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Dividend Strategies Fall Short
Replies: 15
Views: 1406

Re: Larry Swedroe: Dividend Strategies Fall Short

Larry Swedroe said: Perhaps surprisingly, dividend ETFs outperformed during periods of rising interest rates, but underperformed during the period of falling rates. Wow, I would expect the opposite. I would expect that High Dividend would underperform in a rising interest rate environment. I wish h...
by nedsaid
Wed Sep 20, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

There are plenty of studies about dividend stocks.Google academic studies on dividend stocks. I am not arguing about the value of a stock after it pays a dividend,blah blah ..... I am saying a lot of people have become very wealthy who believe in buying high quality dividend paying stocks and holdi...
by nedsaid
Wed Sep 20, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Dividend Strategies Fall Short
Replies: 15
Views: 1406

Re: Larry Swedroe: Dividend Strategies Fall Short

Larry Swedroe said: Perhaps surprisingly, dividend ETFs outperformed during periods of rising interest rates, but underperformed during the period of falling rates. Wow, I would expect the opposite. I would expect that High Dividend would underperform in a rising interest rate environment. I wish h...
by nedsaid
Wed Sep 20, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

As far as diversification: The High Dividend Yield Index Fund has 406 stocks. The Dividend Appreciation Index Fund has 185 stocks. That is 591 of the best companies in the USA markets that pay dividends. Why don't you check the quarterly reports of the two funds against each other and see if there ...
by nedsaid
Mon Sep 18, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4787

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

J. Bogle was so very right when he said "Don`t Peek" and W. Buffett was so very right when he said "market forecasters make fortune tellers look good." Who cares what comes out of Goldman`s mouth and writings. It surely won`t help the average investor one bit. Goldman will not be and has not been c...
by nedsaid
Mon Sep 18, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10730

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

It does seem that my eyeballing is showing that the Low Volatility stocks are starting to become an improving relative value against the market itself, last time I looked it appeared that Low Vol stocks were only slightly more expensive than the market itself. Consumer Staples, an important subset o...
by nedsaid
Sun Sep 17, 2017 11:41 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4787

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

nisiprius wrote:
Sun Sep 17, 2017 4:04 pm
Ned, I decided that quoting and describing Wikipedia's supporting reference for the pro-Russian claim wasn't appropriate in the forum, so if you wouldn't mind... could you remove them from the place where you quoted me?
Done.
by nedsaid
Sun Sep 17, 2017 4:21 pm
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 3875

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

It is nice to know that Jack Bogle looked after others money just as carefully as he looked after his own. He is a great man who has helped millions of people. Are you really suggesting that if he did travel in premium classes on airlines (especially longer flights), the he would thus not be a good...
by nedsaid
Sun Sep 17, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4787

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

I place very little credence in anything that Zero Hedge writes. I have always viewed it like the National Enquirer or the Weekly World News.
by nedsaid
Sun Sep 17, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 3875

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

It is nice to know that Jack Bogle looked after others money just as carefully as he looked after his own. He is a great man who has helped millions of people. Are you really suggesting that if he did travel in premium classes on airlines (especially longer flights), the he would thus not be a good...
by nedsaid
Sun Sep 17, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: S & P broke major technical/psychological number
Replies: 21
Views: 2714

Re: S & P broke major technical/psychological number

S & P broke and also closed above the key psychological number 2500. Pretty happy as this is very bullish and we may see 3000 in a year or so :D . Only regret is we still have 30k sitting in the sidelines waiting for a correction :( . This technical development may convert more bears into the bulls...
by nedsaid
Sun Sep 17, 2017 3:23 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4787

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Ged wrote:
Sun Sep 17, 2017 2:11 pm
Zero Hedge has accurately predicted 200 of the last 2 crashes.

Citation: https://rationalwiki.org/wiki/Zero_Hedge
'Nuff said.
by nedsaid
Sun Sep 17, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 3875

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

It is nice to know that Jack Bogle looked after others money just as carefully as he looked after his own. He is a great man who has helped millions of people.
by nedsaid
Sun Sep 17, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4787

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Zerohedge always seemed pretty sensationalist to me. I probably should have been clearer that the story is a summary of a Goldman report. There's little editorializing, except at the end. Well, we have been in a bull market since March 2009, so we are about 8 1/2 years into this. We did have a 20% ...
by nedsaid
Sun Sep 17, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4787

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Zerohedge always seemed pretty sensationalist to me.
by nedsaid
Sat Sep 16, 2017 9:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5263

Re: Vanguard advisor on dividends

Academic studies, Monte Carlo simulations, calculated withdrawal rates are meant to be guidelines, not an immutable, infallible strategy that is to be followed at all costs once calculated and determined. I absolutely agree, at the same time though I think they can provide reassurance that you don'...
by nedsaid
Sat Sep 16, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5263

Re: Vanguard advisor on dividends

You don't need capital gains to come on a predictable basis in order to withdraw a consistent amount from your portfolio - that is what all the safe withdrawal research is really about. You sell stocks when you need to use the capital - you shouldn't really care whether it is a bottom or a top. Rea...
by nedsaid
Fri Sep 15, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: Patience is very important to profit from the stock market
Replies: 41
Views: 4178

Re: Patience is very important to profit from the stock market

In my opinion you are so right nedsaid. Just keep buying the worst performer in the haystack/ your allocation. I am not a 100% Value investor. I do have Growth investments too. It is a matter of tilting and not going 100% into Value. I have endorsed two methods of investment. If you believe the Aca...
by nedsaid
Fri Sep 15, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3789

Re: Advice Badly Needed---Meeting with Financial Advisor

Sorry if this is long.... I am a teacher in my late 20s. Over the past 5 years I have been putting a decent amount of money into a 403(b) with my school--around 6000 or so per year. To be honest, I don't have a great deal of financial knowledge. Nedsaid: Don't feel bad, most of us didn't know a lot...
by nedsaid
Fri Sep 15, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5263

Re: Vanguard advisor on dividends

You don't need capital gains to come on a predictable basis in order to withdraw a consistent amount from your portfolio - that is what all the safe withdrawal research is really about. You sell stocks when you need to use the capital - you shouldn't really care whether it is a bottom or a top. Rea...
by nedsaid
Thu Sep 14, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: US removing Kaspersky Antivirus from government computers
Replies: 38
Views: 3372

Re: US removing Kaspersky Antivirus from government computers

In 2016, I bought a laptop so that I could communicate with family when on an overseas trip. The laptop was a Lenovo and Kaspersky was the protective firewall and anti-virus software. I suppose everything I did got transmitted to the Chinese via a secret chip imbedded in the motherboard and the Rus...
by nedsaid
Thu Sep 14, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5263

Re: Vanguard advisor on dividends

In Snarlyjack's defense, John Bogle has talked about increasing the income from a retirement portfolio. He suggested using a slice of a stock portfolio for higher dividend paying stocks and also coupling US Total Bond Market Index with an investment grade Corporate Bond Fund. If income generated by...
by nedsaid
Thu Sep 14, 2017 2:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5263

Re: Vanguard advisor on dividends

In Snarlyjack's defense, John Bogle has talked about increasing the income from a retirement portfolio . Yes, he has, many times. If he's explained his reasoning for it then I've never come across the explanation. I like paying attention to experts, but in subjects in which I'm reasonably competent...