Search found 9392 matches

by nedsaid
Tue May 22, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Have Annuity Rates Gone Up?
Replies: 8
Views: 952

Re: Have Annuity Rates Gone Up?

I confess I probably don't understand "mortality credits." This is just a way for the insurance company to continue paying those who live past the age where the original investment's return and principal has been exhausted? Another way of saying it is that you get higher payments as a benefit from ...
by nedsaid
Sun May 20, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Sheryl Garrett - How to Choose an Advisor
Replies: 1
Views: 404

Re: Sheryl Garrett - How to Choose an Advisor

Paul, thank you for posting this as this is good stuff.
by nedsaid
Sun May 20, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: more rotten service from Vanguard [ACH transfer, fund availability]
Replies: 26
Views: 3079

Re: more rotten service from Vanguard [ACH transfer, fund availability]

I do think Vanguard is running into some problems, particularly as it is awash in new monies. All the new business has strained Vanguard. What I will say is that even the best companies generate complaints and customer problems. We have read a lot about customer service issues but not so much from p...
by nedsaid
Sun May 20, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 61
Views: 5894

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

Wow, you all are so kind to take the time to help. Thank you! Regarding the $5/month I was hoping to withdraw, I could take out less. I could do 4k, possibly even 3K. I know I can trim expenses. I am preparing for the idea that I will sell the house. It is a money sucker, so big and old. It is givi...
by nedsaid
Sun May 20, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 252
Views: 45926

Re: "Why 97% of People Don't Use 529 College Savings Plans."

I just read this article which has a tidbit about the GAO report on these plans. Basically, the answer to the question posed in the title is simple: 97% of people are not wealthy enough. Also missing from the article was the mantra that a family should not contribute to a 529 plan unless they have ...
by nedsaid
Sun May 20, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 76
Views: 9316

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

During this year's annual Berkshire Hathaway meeting, Buffett said: "Bonds are a terrible investment at anywhere near current yields.” He continued, “The only time bonds were interesting was in the early to mid-1980’s" So what should we invest in besides stocks? My portfolio has been a bit stock he...
by nedsaid
Sun May 20, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 50
Views: 6921

Re: How long to hold 80/20 asset allocation

We were 90/10 until this year at age 55. We are slowly changing AA this year due to retirement in less than 3 months. It worked for us through all these years of ups and downs. Do only what you can stomach. Yes, we lost about half our investments in 2008-2009 but we held on and have been rewarded. ...
by nedsaid
Sat May 19, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Does your value fund own the wrong value stocks?
Replies: 23
Views: 2281

Re: Does your value fund own the wrong value stocks?

It is getting to the point where book value doesn't mean much at all. When companies McDonald's and Boeing get into the negative equity situation, it is a clue that something is amiss. Clearly, Generally Accepting Accounting Principles don't reflect the true economic value of assets on the balance s...
by nedsaid
Wed May 16, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2173

Re: Why this problem never gets fixed

This problem has been going on for many years. We have all heard about how hospitals and clinics charge a very high price for items that are sold on market at much lower price ( i.e. wrist support, pills, etc). My understanding is that insurance companies are responsible to negotiate a discounted r...
by nedsaid
Wed May 16, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2173

Re: Why this problem never gets fixed

This problem has been going on for many years. We have all heard about how hospitals and clinics charge a very high price for items that are sold on market at much lower price ( i.e. wrist support, pills, etc). My understanding is that insurance companies are responsible to negotiate a discounted r...
by nedsaid
Wed May 16, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7530

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Noob question :-) A highly respected friend of mine is an expert in macroeconomics, and warned me to stay away from stocks. He said that come October or March next year, there are likely to be big crashes. He said companies were artificially inflating their stocks. (I don't understand the detail!) ...
by nedsaid
Tue May 15, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1403461

Re: U.S. stocks in freefall

Sorry man. I don't think that way. About the only thing I do consistently is NOT follow the crowd. Been doing it all my life. Retired from work at 42 in 2007. I invest my money for a living. Basically, I study conventional wisdom, then reject it. It's a great way to get rich. While I think that a g...
by nedsaid
Tue May 15, 2018 1:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 8925

Re: Yes, I'm 89 all right!

Mr. Bogle, you are a bit older than my own father who will turn 89 in September. I can attest to the struggles of advancing age as I have seen my dad rebound from health challenges. You are an inspiration in that you are still active and productive at age 89. Looking forward to your new book.
by nedsaid
Tue May 08, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: Happy 89th birthday to [Jack] Bogle
Replies: 44
Views: 2427

Re: Happy 89th birthday to Bogle

Where has the time gone? It seems like it was just yesterday when we were wishing Mr. Bogle a Happy 88th birthday! Now it is his 89th! Many best wishes for the founder of Vanguard and the man who brought index funds to the masses.
by nedsaid
Sun May 06, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Do stocks outperform Treasury Bills? Almost never.
Replies: 25
Views: 4790

Re: Do stocks outperform Treasury Bills? Almost never.

Hint: The S&P Indexes do a good job filtering out the junk. The US Total Stock Market Index has just over 50% of its market capitalization in the largest 100 companies. So market-cap weighting does its part too, though imperfectly, to filter out the junk. Market-cap weighting of large caps or total...
by nedsaid
Sun May 06, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors In Fixed Income
Replies: 30
Views: 2620

Re: Larry Swedroe: Factors In Fixed Income

Dave, just to make certain of one thing: Do you receive any compensation for posting on behalf of Larry or his firm? I don't know if this was already asked and answered but wanted to give you a chance to state unequivocally one way or the other. It’s been brought up less directly in the past, and I...
by nedsaid
Sun May 06, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8230

Re: Why Shouldn't I Buy McDonalds Or Coke?

I have owned McDonald's for years in a DRIP plan. In recent years, the stock has done fantastically well. Recently, I did buy some Coke stock, just couldn't resist as I have wanted some for years. It is about where I bought it.
by nedsaid
Sun May 06, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 91
Views: 8786

Re: Warning: avoid Windows 10 update 1803

Nothing specific to that particular update, but Windows 10 really like changing my settings back to default after every stupid update. Luckily, after the 10th time reengaging Loudness Equalization or adjusting the screen overfill I've gotten quite speedy at it. :happy Yes, that is a pet peeve of mi...
by nedsaid
Sun May 06, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: Do stocks outperform Treasury Bills? Almost never.
Replies: 25
Views: 4790

Re: Do stocks outperform Treasury Bills? Almost never.

If you dollar weight the shares, you would get a different answer. Most microcap stocks don't do well. Most megacap stocks do. As evident by the Dow 30, and other assortments of large cap stocks... I think the LEXCX fund is an interesting case in this https://individuals.voya.com/product/mutual-fun...
by nedsaid
Sun May 06, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Do stocks outperform Treasury Bills? Almost never.
Replies: 25
Views: 4790

Re: Do stocks outperform Treasury Bills? Almost never.

If you dollar weight the shares, you would get a different answer. Most microcap stocks don't do well. Most megacap stocks do. As evident by the Dow 30, and other assortments of large cap stocks... I think the LEXCX fund is an interesting case in this https://individuals.voya.com/product/mutual-fun...
by nedsaid
Sun May 06, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6446

Re: Starting to smell like buying season?

I was out in the wilderness this past week, so had no news on anything whatsoever. Now that I am back appears to me that nothing happened while I was gone. So it smells today just the same as it did a week ago and two weeks ago and even three weeks ago. Well, that is what often happens. When you ar...
by nedsaid
Thu May 03, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6446

Re: Starting to smell like buying season?

Well certainly prices are better than they were in late January but not sure one can say this is a buying season. We are down 8%-9% or so from all-time highs so it is pretty hard to say the market is a screaming buy. This is not 2009. If you are investing towards retirement, just stick with your pla...
by nedsaid
Wed May 02, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 6853

Re: Larry Swedroe: Real Estate Isn’t Special

The thing is, almost all asset classes go through this relatively cheap to expensive to relatively cheap again. ... There are specific reasons that I own stocks, specific reasons I own bonds, and specific reasons that I own REITs. The actual businesses underlying all of this are pretty darned impor...
by nedsaid
Tue May 01, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 6853

Re: Larry Swedroe: Real Estate Isn’t Special

Sometimes I think we can overthink things and Larry's article might be a good example of that. I bought REIT funds when they came available because it just seemed to make sense to me. When I learned that REITs had a bit higher returns than the S&P 500 with low correlation, that reinforced my origina...
by nedsaid
Tue May 01, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 6853

Re: Larry Swedroe: Real Estate Isn’t Special

A nitpick: REITs are not real estate. Real Estate may very well be special, we don't know. I don’t think this is just a nitpick. I think it’s a major league concern. The stocks of commodity producers I believe behave more like stocks than commodities. REITs behave to a big extent as SV equities. Wh...
by nedsaid
Tue May 01, 2018 4:26 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

My observation that bond funds that include corporates do better over time than treasury only bond funds extends over a period of many years. I was seeing this even before the 2008-2009 financial crisis. I would hope so, but the only situation in which that should matter, even after taking risk-adj...
by nedsaid
Tue May 01, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

Larry is correct, there are large segments of the US Corporate Bond Market that are not all that liquid. Treasuries, on the other hand, trade like water. What you are getting in greater yield with the lower quality Corporates, you in part sacrifice with higher bid-ask spreads. But let's look a real...
by nedsaid
Sat Apr 28, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: More aggressive portfolio with a pension?
Replies: 42
Views: 3671

Re: More aggressive portfolio with a pension?

Hi all, I’m trying to get all my info together to ask for a portfolio review, but wanted to ask this in the meantime. Is there a Boglehead consensus on how a (Fed) pension should be factored in when considering AA? I’m about 6 yrs out from retirement and have a pension that will probably provide fo...
by nedsaid
Sat Apr 28, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Advice on using a wealth manager or financial advisor?
Replies: 34
Views: 2670

Re: Advice on using a wealth manager or financial advisor?

I have an account that I can't manage directly so looking to have a wealth manager or financial advisor manage the portfolio for me. Anyone have any experiences? Using Fidelity would be nice. Account is worth about $500,000 right now in a taxable brokerage account. Basically it would be nice to dir...
by nedsaid
Sat Apr 28, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Company has Fidelity...Is Brokeragelink good or bad?
Replies: 27
Views: 1353

Re: Company has Fidelity...Is Brokeragelink good or bad?

In a workplace savings plan at a former employer, I have access to Brokeragelink. I can use it to access Fidelity Mutual Funds or anything in their mutual fund marketplace. Pretty much, I have used it to buy Fidelity Index Funds and their GNMA fund. I have not had to pay any fees to use this service.
by nedsaid
Fri Apr 27, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: Falling ETF and mutual-fund fees saved investors $4 billion last year
Replies: 2
Views: 328

Re: Falling ETF and mutual-fund fees saved investors $4 billion last year

Indexing is dirt cheap. Actually, active investing should be a lot cheaper but investors are paying for very large profit margins. Somewhere I read that profits can be 50%. Just look at the expense ratios of Vanguard Funds where another firm or firms have been hired as asset managers. What you will ...
by nedsaid
Fri Apr 27, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

For people who jumped to the discussion and skipped the paper, the paper was not about corporate bonds vs. treasuries. It was about more liquid corporate bonds vs. less liquid corporate bonds. For most of us, I don't know that there is anything actionable from this paper--when/if I want corporate b...
by nedsaid
Fri Apr 27, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

Dodonnell, sure. I'm aware of that nasty -10% notch in corporates in 2008-2009. Although if you plot it on the same chart with -50% in stocks it doesn't look that bad. Was that, in fact, a liquidity problem? People fuss and argue about bonds, but basically what happened in 2008-2009 at the level of...
by nedsaid
Fri Apr 27, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

Want to make it clear that I am not anti-treasuries. A portfolio, in my opinion, should be diversified across both the equity and the bond side. If you look at the composition of the bond funds that I own, you will see Treasuries, TIPS, Corporates, and Agency Bonds, particularly GNMAs. That diversif...
by nedsaid
Fri Apr 27, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

I think I agree with Nedsaid, assuming I understand what he's saying. Larry's article and the study it references don't seem to jibe with what I see in "corporates." At least, not in "corporates" as understood by investors in plain vanilla Vanguard bond funds. So I'm happy to shrug my shoulders and...
by nedsaid
Fri Apr 27, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

But let's look a real life example of the difference in returns between Treasuries and Corporates. The Vanguard Intermediate Term Treasury Admiral (VFIUX) has a 10 year growth of $10,000 of $13,687. The Vanguard Intermediate Term Investment Grade Admiral (VFIDX) consists of 68% corporates and has a...
by nedsaid
Fri Apr 27, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

I did get a message from Larry Swedroe and he did make a couple of points below. This is reposted in its entirety without editing, so this is 100% Larry. Larry Swedroe said: Re your statement about the liquidity risk being rewarded in your example Don't think that is right at all despite the returns...
by nedsaid
Fri Apr 27, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

Larry is correct, there are large segments of the US Corporate Bond Market that are not all that liquid. Treasuries, on the other hand, trade like water. What you are getting in greater yield with the lower quality Corporates, you in part sacrifice with higher bid-ask spreads. But let's look a real...
by nedsaid
Fri Apr 27, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Liquidity Risk Not Worth It
Replies: 35
Views: 4905

Re: Larry Swedroe: Liquidity Risk Not Worth It

Larry is correct, there are large segments of the US Corporate Bond Market that are not all that liquid. Treasuries, on the other hand, trade like water. What you are getting in greater yield with the lower quality Corporates, you in part sacrifice with higher bid-ask spreads. But let's look a real ...
by nedsaid
Fri Apr 27, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: New to board with Brighthouse Annuity question?
Replies: 42
Views: 2849

Re: New to board with Brighthouse Annuity question?

"Macro Consulting" Thank you. I may do this out of pure curiosity. My 63-year-old fiancee's late husband bought some kind of life insurance product contract and I can't make heads or tails out of it. He bought it in late 2007 before he died of cancer. The company calls and writes her at least once ...
by nedsaid
Fri Apr 27, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: "Tax-Adjusted Asset Allocation: Is It Necessary?"
Replies: 51
Views: 2658

Re: "Tax-Adjusted Asset Allocation: Is It Necessary?"

Definitely, one should not ignore the effect of taxes upon their investments. Two schools of thought on this. One is allocate taxable, tax free, and tax deferred portfolios the same. The other school of thought is to place asset classes into the type of account where they are most tax efficient. TIP...
by nedsaid
Tue Apr 24, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: Small premium
Replies: 8
Views: 904

Re: Small premium

Garland, darn it anyway! You have let the cat out of the bag! You and Mel Lindauer are not alone in believing that Mid-Caps are the "Sweet Spot" of the stock market.
by nedsaid
Tue Apr 24, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 76
Views: 7262

Re: Another Warren Buffett S&P 500 Recommendation

The S&P 500 is regarded as America's blue-chip index. 500 of the largest and most successful companies in the United States. Who wouldn't want to own such an investment? My largest holding is in the US Total Stock Market Index, of which the S&P 500 makes up 75% of it's market capitalization. The two...
by nedsaid
Tue Apr 24, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis needed!
Replies: 15
Views: 1673

Re: Portfolio Analysis needed!

Well put and agree. Unfortunately, Cap One charges $20 per mutual fund trade compared to $5 for ETF/Stock. Not the end of the world because I don't trade that much, but still. I will add, that for individual stocks, yes, there won't be much fret in one company going bust, but I would imagine if Ama...
by nedsaid
Mon Apr 23, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis needed!
Replies: 15
Views: 1673

Re: Portfolio Analysis needed!

Thanks again! Other than simplicity, esp with reallocating, what would be the advantage of the 3-Fund as opposed to breaking it into ETF's? In the first place, selling everything off to repurchase would be a job, and since they're mutual funds, they're less liquid in case of emergency. I'd like to ...
by nedsaid
Mon Apr 23, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 50
Views: 4604

Re: Vanguard factor funds slow to catch on

I might have interest in these products. It really is a brilliant stroke on Vanguard's part, do it yourself investors who want to factor tilt can get DFA like products without paying an advisor for access. Vanguard has just fired a big shot across Dimensional Fund Advisors' bow. It will be interesti...
by nedsaid
Mon Apr 23, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis needed!
Replies: 15
Views: 1673

Re: Portfolio Analysis needed!

Starchild post_id=3894117 time=1524448443 user_id=130757] Amazing! Thank you! I agree that individual stocks give some diversity in its own way, During the last correction, the only thing that held up was AMZN. Things can turn downward, of course, but I bought them because I believe in their busine...
by nedsaid
Sun Apr 22, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis needed!
Replies: 15
Views: 1673

Re: Portfolio Analysis needed!

Thanks again for all the great help. What a great community. This has been a great experience for a newbie. Please review my situation. I followed the template as best as I can. Starchild Emergency Funds/Cash on hand: App. $900,000 (recent house sale, looking to relocate in the next year or two). I...
by nedsaid
Sun Apr 22, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 38
Views: 3521

Re: Bill Bonner: what's your take?

Uncle Scrooge, my post illustrates my feeling about the varies gurus over the years that predicted doom. They would predict the same thing year after year and then when something bad really happens, they claimed clairvoyance. Pretty much the old saying that a broken clock is right twice a day! There...
by nedsaid
Sat Apr 21, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 38
Views: 3521

Re: Bill Bonner: what's your take?

Chicken Little 1990: The sky is falling. Nothing happens. Chicken Little 1991: The sky is falling. Nothing happens. Chicken Little 1992: The sky is falling. Nothing happens.. Chicken Little 1993: The sky is falling. Nothing happens. Chicken Little 1994: The sky is falling. Nothing happens. Chicken L...