Search found 8775 matches

by nedsaid
Thu Dec 14, 2017 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 22
Views: 1553

Re: Ameriprise :(

Call Vanguard, get some advice, and then just have them just transfer everything to Vanguard funds? You don't have to even talk to this advisor ever again, if memory serves me correctly from what others have reported here. The original poster can transfer most things to Vanguard but he is stuck wit...
by nedsaid
Thu Dec 14, 2017 9:23 pm
Forum: Investing - Theory, News & General
Topic: What is total return vs. dividend investing?
Replies: 69
Views: 8940

Re: What is total return vs. dividend investing?

Yes it was a blessing, and I am grateful every day to have a level of FI we did not enjoy before. It was also a huge responsibility, since the number of individual positions were north of 50. He liked stocks and with the help of a broker, put together a portfolio of about $9M by the time he passed ...
by nedsaid
Sun Dec 10, 2017 6:00 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 32
Views: 1418

Re: Do DFA Funds have lower trading costs than Index Funds?

My understanding is that the fund companies that do indexing are very much aware of the front running that traders do to index funds and that they have themselves adopted patient trading strategies. Is there a Vanguard expert out there who can verify this?
by nedsaid
Sun Dec 10, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 3860

Re: Vanguard Investment Advice

So Bertilak got a cookie cutter portfolio but got special help with individual bonds. With Vanguard, that is probably as good as it is going to get. So Bertilak, if it makes you feel good, I will say that you are just utterly brilliant. Haven't met you in person, but you are probably good looking t...
by nedsaid
Sun Dec 10, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 42
Views: 3337

Re: Portfolio advice: Total market vs Larry Portfolio

A 90/10 portfolio is perfectly good for a young couple. My recommendation is that you write an Investment Policy Statement. Put your thoughts on paper and develop your own beliefs about investments, the markets, and the economy. In other words, know thyself as an investor and have a well thought out...
by nedsaid
Sun Dec 10, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 3860

Re: Vanguard Investment Advice

Over the years I've used a lot of risk calculators at Vanguard, Fidelity, Schwab etc and the results I usually get come reasonable close to a suitable Target Retirement Fund or one of the LifeStrategy type funds (depending on how I tweak the question responses). So that tells me that their models a...
by nedsaid
Sun Dec 10, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Reasons why not to shorten target fund
Replies: 9
Views: 536

Re: Reasons why not to shorten target fund

One thing to keep in mind is that Target Date Funds, in my opinion, tend to be stock heavy. Couple of reasons for this, first mutual fund companies compete against each other. Vanguard does not want to trail Fidelity or T. Rowe Price in performance. I am 58, so I track the 2025 funds, I notice that ...
by nedsaid
Sun Dec 10, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3063

Re: 2000-09 worst decade for large cap stocks in 109 years

Nedsaid, First, for investors really worried about inflation, there now exist inflation-indexed bonds (TIPS) and inflation-indexed cash investments (I-Bonds). Second, I think it's important to deconstruct an investment myth: that nominal bonds are vulnerable to inflation. Things are not as simple a...
by nedsaid
Sat Dec 09, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3063

Re: 2000-09 worst decade for large cap stocks in 109 years

...Investors did get their inflation adjustment, though it took until sometime in the mid-1980's before they got it. So yes, stocks do hedge inflation but with a very important qualification, you might have to wait awhile to get your inflation adjustment. In the case of 1970's stagflation, it took ...
by nedsaid
Sat Dec 09, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 59
Views: 2721

Re: Stocks always in taxable for tax efficient investing?

I don't see how proper financial planning with a view towards maximizing after-tax returns can be taken to extremes. I've seen that statement before and it's never made any sense. Tax people often make the statement that home ownership has its tax advantages and of course that is true. What happens...
by nedsaid
Sat Dec 09, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Trying to nail down asset allocation for second bucket
Replies: 43
Views: 1518

Re: Trying to nail down asset allocation for second bucket

Our retirement savings has 2 buckets. The first that contains enough safe fixed income assets to from today to FRA very comfortably. The second bucket is everything else and will be what is used to supplement SS and modest pensions after FRA. Each additional month either myself, my spouse or both w...
by nedsaid
Sat Dec 09, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3063

Re: 2000-09 worst decade for large cap stocks in 109 years

...I also want to make the point that even though stocks are perceived as an inflation hedge, inflation spikes can be devastating to stocks in the shorter term. Stagflation was very hard on stocks and even worse for bonds... Indeed. On this point we can be categorical. There is no close time connec...
by nedsaid
Sat Dec 09, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 59
Views: 2721

Re: Stocks always in taxable for tax efficient investing?

Rick Ferri has posted that he allocates taxable and tax deferred accounts the same. There are different schools of thought on this. Yes, but he hinted that the reason was that he was tired of working against behavioral biases of his clients. Many of them wanted to have the same asset allocation in ...
by nedsaid
Sat Dec 09, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2891

Re: Why Are So Many Companies Announcing Share Buyback?

The last time that companies were allowed to repatriate foreign profits to the U.S. at favorable rates, the repatriated money mostly got spent on stock buybacks. Thought the whole idea was to reinvest the funds in the actual business. The whole idea of the business is to maximize profit - reinvesti...
by nedsaid
Sat Dec 09, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 65
Views: 4029

Re: Does a Boglehead ever time the market?

. . . In my own personal experience, timing is a sucker's bet. I lose every time. If I buy, the market goes down. If I sell, the market goes up . . . Good answer. Thank you. Here is a lesson learned on my side of the house, my retirement portfolio did much better on those years when I was away inco...
by nedsaid
Sat Dec 09, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pay taxes on free food?
Replies: 30
Views: 3170

Re: Pay taxes on free food?

Who does your taxes? If you use a tax preparation service or a CPA, I would ask them. This is a very interesting question.
by nedsaid
Sat Dec 09, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my portfolio (EU-based)
Replies: 2
Views: 170

Re: Critique my portfolio (EU-based)

At 36 years old, 50% stocks and 50% bonds is rather conservative. You probably should be more like 70% or 80% stocks. I am 58 years old and probably a 50/50 portfolio is more appropriate for somebody like me, I am 2/3 stocks and 1/3 bonds right now. Seeing that you will have a pension, you can affor...
by nedsaid
Sat Dec 09, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Taylor offers a Boglehead Bobblehead for Sale
Replies: 1
Views: 800

Re: Taylor offers a Boglehead Bobblehead for Sale

Well, I fess up. I told Santa that I wanted a Jack Bogle bobblehead doll for Christmas. I saw them on the cover of one of the Boglehead books but I didn't know they really existed. I was sort of joking. But I wasn't kidding about being real good this year. Hopefully Santa is a Boglehead too. Taylor ...
by nedsaid
Sat Dec 09, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3063

Re: 2000-09 worst decade for large cap stocks in 109 years

Thanks Robert. This is in line with my comments about secular bear markets, extended periods of time where the stock market is essentially flat. Sometimes you have to be really patient to get the equity premium. The market was essentially flat from about 1929 - 1948, from 1968 - 1984, and from 1999 ...
by nedsaid
Sat Dec 09, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 59
Views: 2721

Re: Stocks always in taxable for tax efficient investing?

I'm beginning to question the rule of thumb that stocks should always be in taxable account. There is no such rule of thumb. I don't know where people are getting this idea...you are certainly not the first. If it is from our Wiki page, it needs to be edited. The rule of thumb is more like... "Fill...
by nedsaid
Sat Dec 09, 2017 1:18 pm
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2891

Re: Why Are So Many Companies Announcing Share Buyback?

The rank and file of those companies are subsidizing the buybacks in the form of weak wages while management enriched themselves at the table. Eventually continued disinvestment of workforce will lead to lower returns for shareholders. There is something possibly seriously wrong at business schools...
by nedsaid
Fri Dec 08, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17713

Re: Jack Bogle Bobblehead Doll For Sale

Santa, what I want for Christmas is the Jack Bogle bobblehead doll. I have been really good this year. Nedsaid: I own the "Jack Bogle bobblehead doll" in its original box. I will sell it for $5,000 with all the proceeds going to The John C. Boglehead Center for Financial Literacy . Best wishes. Tay...
by nedsaid
Fri Dec 08, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Two Views On Value Converge
Replies: 1
Views: 403

Re: Larry Swedroe: Two Views On Value Converge

My understanding is that DFA screens for Value, sets Momentum to Neutral, and screens for Profitability/Quality. This is getting closer to the Buffett/Munger method of Value investing. I see what Larry is saying in the article but I scratch my head a bit. I did read again and found the study sampled...
by nedsaid
Fri Dec 08, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: I don't know how it happened! [starting new business soon, how to avoid 1% AUM cost]
Replies: 14
Views: 1212

Re: I don't know how it happened! [retiring soon, how to avoid 1% AUM cost]

Not retiring plan on starting my own business, My wife has a great job she likes and provides us with health care. We don't plan on touching any of portfolio until we turn 65 when we both retire. neither 1 of has a pension do not have a adviser now,would like to get some advice here to avoid gettin...
by nedsaid
Fri Dec 08, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: I don't know how it happened! [starting new business soon, how to avoid 1% AUM cost]
Replies: 14
Views: 1212

Re: I don't know how it happened! [retiring soon, how to avoid 1% AUM cost]

You could use a Vanguard LifeStrategy fund, 4 broad index funds, rebalanced for you. No muss, no fuss. My guess is that you could get free help from Vanguard for an age appropriate asset allocation. You could also pick an age appropriate Target Date Retirement fund. Are you retiring or are you switc...
by nedsaid
Fri Dec 08, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2942

Re: Do you have any guilty pleasure investments?

Wow. It seems that by Boglehead standards that much of my investment portfolio is made up of guilty pleasures. I own 22 individual stocks and such things as American Funds EuroPacific Growth. Oh the humanity. The individual stocks are about 12 1/2 percent of my retirement portfolio, so I haven't go...
by nedsaid
Fri Dec 08, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8095

Re: Jack Bogle Is Worried About U.S. Pensions

Jack estimates future bond returns at 3%, but the bond portfolio he chooses to produce a 3% expected return has a 50% weighting in long term corporate bonds and 50% in 10 year Treasuries (or TBM) which currently yield a bit less than 2.5%. The average of those two yields is about 3% and bond return...
by nedsaid
Fri Dec 08, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2942

Re: Do you have any guilty pleasure investments?

Wow. It seems that by Boglehead standards that much of my investment portfolio is made up of guilty pleasures. I own 22 individual stocks and such things as American Funds EuroPacific Growth. Oh the humanity. The individual stocks are about 12 1/2 percent of my retirement portfolio, so I haven't go...
by nedsaid
Fri Dec 08, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2942

Re: Do you have any guilty pleasure investments?

Wow. It seems that by Boglehead standards that much of my investment portfolio is made up of guilty pleasures. I own 22 individual stocks and such things as American Funds EuroPacific Growth.
by nedsaid
Fri Dec 08, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15194

Re: A good friend has nearly $1M in BitCoin what do I tell him?

I went to Vegas in 2007 and talked to my cab driver about the housing boom there at the time. He said his condo was worth over a million dollars (he bought it for $200,000). I told him to sell it, and rent for a while. He said he might sell if it got to $2 million. It didn't. I always wondered what...
by nedsaid
Fri Dec 08, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 65
Views: 4029

Re: Does a Boglehead ever time the market?

Hi all, this is my first post… I have just finished The little Book of Common Sense Investing. The reoccurring theme that Mr Bogle reiterates is reversion to the mean. Nedsaid: A good start. It takes a bit of courage to post and to put your thoughts out there. Thanks for posting and starting what s...
by nedsaid
Fri Dec 08, 2017 9:58 am
Forum: Forum Issues and Administration
Topic: Thank you Admins
Replies: 18
Views: 1518

Re: Thank you Admins

This forum is well administered and moderated. Pretty much the punch bowl gets taken away before the partiers get too rowdy. :wink:
by nedsaid
Fri Dec 08, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17713

Re: Where to buy a Vanguard hat? An Update and bad news

Sorry, I don't know how to copy a pdf image. But here are the items on it. 1. Baseball cap $8.99 2 Stainless steel mug $14.99 3. Note Cube $4.99 4. Pen $1.29 5. Small Black journal $14.99 6. Bistro mug $7.00 7. Copper insulated travel mug $15.99 8. Compact umbrella $12.99 9. Soft shell (looks like ...
by nedsaid
Thu Dec 07, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: National Pearl Harbor Remembrance Day
Replies: 19
Views: 1052

Re: National Pearl Harbor Remembrance Day

Excerpts from President Franklin Roosevelt's speech to Congress on December 8th, 1941 declaring war on the Empire of Japan. Yesterday, Dec. 7, 1941 - a date which will live in infamy - the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire of Japan....
by nedsaid
Thu Dec 07, 2017 9:13 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8095

Re: Jack Bogle Is Worried About U.S. Pensions

I think one can come to this conclusion if they hang out on Bogleheads too much, but out in the real world there are far more families with not nearly enough saved for retirement, and a precious few who will donate sizable retirement accounts to their children. https://www.fool.com/retirement/2017/...
by nedsaid
Tue Dec 05, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 166
Views: 9118

Re: One answer to the Dividend stocks puzzle from behavioral finance

I don't want no stinkin' dividends. If you don't want them, you can send them to me. :D :D Problem is I have to pay tax on them. I don't want them as it is messing up my tax planning. I have to pay taxes on dividends whether I need them or not. At this stage of my life, I'm living on pensions and S...
by nedsaid
Sun Dec 03, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 49
Views: 5224

Re: Variable annuities Yes/No

Hello, I am looking for some general advice about buying into a Variable annuity. My investment adviser (Northwest Mutual) has been been recommending a variable annuity over the last couple of years and I have so far resisted as the research I have done seems to point out that they are a bad invest...
by nedsaid
Sun Dec 03, 2017 10:23 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 166
Views: 9118

Re: One answer to the Dividend stocks puzzle from behavioral finance

randomizer wrote:
Sun Dec 03, 2017 6:08 pm
I don't want no stinkin' dividends.
If you don't want them, you can send them to me.
by nedsaid
Sat Dec 02, 2017 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5152

Re: How do I convince my employees to invest more?

I have read through the thread and my reaction is that Stormbringer is doing about all he can for his employees. He is paying them a competitive wage, offering a workplace savings plan, and offering a 3% match on employee contributions. In addition, he brings in someone from Charles Schwab once a ye...
by nedsaid
Sat Dec 02, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 101
Views: 22054

Re: How Do You Like My New 'Doo

I often advise investors to put down on paper their Investment Policy Statement. This was last updated on November 13, 2013 and I wanted to see how well I have stuck to my strategies. Of course, a lot has happened in four years. I will make some comments to update how I am doing today. Note that I a...
by nedsaid
Sat Dec 02, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 133
Views: 12200

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

Cool. Hopefully lower cost than DFA funds. By quite a bit. 13 bps for ETF. 18 bps for multifactor fund. Wow. The HMS Vanguard did a lot of damage to Fidelity and is now training its guns on Dimensional Fund Advisors. Vanguard also has its own advisory service, taking aim at independent advisors. Va...
by nedsaid
Sat Dec 02, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 31
Views: 2802

Re: Should I sell some of my Berkshire stock

I have learned the hard way that bad things can happen to good companies and to good stocks. Learned my lesson the hard way with Lucent Technologies which seemed invincible, problem was the big shift from land lines to mobile phones. Much of the market for Lucent's products just went away and went a...
by nedsaid
Sat Dec 02, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: New to Forum & Sharing Recent Investment Experiment
Replies: 3
Views: 335

Re: New to Forum & Sharing Recent Investment Experiment

This is the problem with using survey answers to determine risk tolerance. There definitely is a bias towards more aggressive portfolios. At my favorite mutual fund company, I answered the survey questions and suggested to me an aggressive portfolio whereas I really wanted a moderate risk portfolio....
by nedsaid
Sat Dec 02, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 102
Views: 8318

Re: GE - a good value?

This discussion about General Electric is illustrative that the markets and the economy are dynamic. What worked well during the 1990's didn't work so well during the 2000's. For one thing, the markets wanted earnings growth or the expectation of earnings growth during the 1990's and it got to where...
by nedsaid
Sat Dec 02, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 102
Views: 8318

Re: GE - a good value?

Not much else to say about GE, keep in mind the markets are an expectations game. A big reason that GE stock has lagged so badly is that expectations for the stock were just too high. Too many people still remember that it was a great stock in the 1990's and remember Jack Welch and how he played the...
by nedsaid
Sat Dec 02, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Reduce risk tolerance - Vanguard Target Funds
Replies: 43
Views: 1771

Re: Reduce risk tolerance - Vanguard Target Funds

Down just hit 24K and my tolerance for risk has reduced. Call it market timing but I'd like to reduce my risk(am in my 40s now) I have my entire 401K in Vanguard 2050 fund(89.97% Stocks/9.98% Bonds). Here is my thinking - poke any holes in it :D Existing $ in 401k - If I want to take on lower risk ...
by nedsaid
Sat Dec 02, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Finding The Source Of Value
Replies: 19
Views: 2114

Re: Larry Swedroe: Finding The Source Of Value

To give Larry Swedroe credit, he has often stated that Vanguard's value funds are not very "valuey." I've noticed that their performance isn't much different than their blend funds over long time periods. Often the difference in performance can be explained by the beginning of the time period and t...
by nedsaid
Sat Dec 02, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5162

Re: How Do You Stay Current With Popular Music?

Good old YouTube has a lot of stuff there. I actually was able to find video clips of Jim Croce performing. There is a lot of Bobby Darin stuff there too. Lots of videos of live performances and lots of videos with a still picture and audio.
by nedsaid
Sat Dec 02, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: FIL Recently Passed. Portfolio Review? Super Duper Thanks Everyone
Replies: 17
Views: 1861

Re: FIL Recently Passed. Portfolio Review? Super Thanks Everyone

. . . Nedsaid: It is really sad that the "Greatest Generation" is mostly gone now, I knew a whole bunch of them. As a group, they were motivated and selfless, these folks were the backbone of so many organizations for so many years. It sounds like your Father-in-Law had a great military career. For...
by nedsaid
Fri Dec 01, 2017 5:09 pm
Forum: Investing - Theory, News & General
Topic: Is 60/40 mix the sleep mix or 80/20 mix
Replies: 38
Views: 3531

Re: Is 60/40 mix the sleep mix or 80/20 mix

From long term perspective, is the 60/40 a sleep and forget mix or 80/20 mix? How old are you? If you are in your twenties, go with 80/20 and don't give it another thought. If you are nearing retirement, you should be concerned about such things as market volatility and sequence of returns. Pretty ...