Search found 3286 matches

by AlohaJoe
Thu Jun 21, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 43
Views: 1479

Re: "Never time the market" vs. lump sum investment

Am I making some mistake or do you agree that for a large one-lump-sum investment, it does make sense to time the market? You are wrong on this. You haven't actually provided any evidence. If the strategy worked for big investments it would work for small investments, too. There have been many thre...
by AlohaJoe
Thu Jun 21, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 50
Views: 1708

Re: Does an IPS really need to be 5 pages long to be valuable?

The only sample IPSes I'm seeing that are 5+ pages are for advisors to send to their clients. That's not your use case.
by AlohaJoe
Wed Jun 20, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Best time to travel to Iceland?
Replies: 4
Views: 844

Re: Best time to travel to Iceland?

The best time to visit is summer. The cheapest time to visit is winter. If you visit when it is cheap, many things will be closed for the season or due to weather. Of course "summer" is a relative thing. When I was in Iceland during the summer it was never above 15 degrees Celsius and often dropped ...
by AlohaJoe
Wed Jun 20, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Changing from Average Cost basis to Spec ID
Replies: 4
Views: 352

Re: Changing from Average Cost basis to Spec ID

When you googled it, what were the results?
by AlohaJoe
Tue Jun 19, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4686

Re: General Electric booted from Dow Jones Industrial Average

But why Walgreens and not say Amazon, a company with a larger footprint, which may well upend Walgreens in a few years if it decides to enter the pharmacy retail space. And perhaps DJIA should be rebranded as DJA since there are not a lot of industrial components left in the average. Companies chos...
by AlohaJoe
Tue Jun 19, 2018 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for various forms of equity
Replies: 10
Views: 453

Re: Accounting for various forms of equity

There's no real way to do this for private companies. Your company is supposed to get a quarterly valuation but based on my experience in a similar situation and rumors from the CFO's office, the valuations aren't entirely credible. The company has a lot of incentive for the number to be low and the...
by AlohaJoe
Tue Jun 19, 2018 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4118

Re: Do you think it is smart to disclose that you have passive investments to other people?

I don't think it is smart. I don't think it would build trust. I can't imagine anyway this would come up in the normal course of business.
by AlohaJoe
Mon Jun 18, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 3668

Re: A different theoretical view of SWR

Whatever helps you sleep at night is fine, but your formula appears to be a recipe for working longer than needed and ending up with a pile of money that is not spent.. Without making the assumption that past market returns can predict future market returns over the period of an individual‘s retire...
by AlohaJoe
Mon Jun 18, 2018 4:03 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8271

Re: Very confused with the current market

I remember Warren buffet once said: buy the dips and value investing. the stock market always go higher due to inflation in the long term, however, should not we buy the dips? Are those crazy tech stocks still value investing ? I am expecting the dips. Mr. Buffett also does not like to sell holding...
by AlohaJoe
Sun Jun 17, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 36
Views: 4606

Re: I-bonds look pretty bad right now

So what is your alternative? Nominal Treasuries, real estate, stocks, private equity, gold, bitcoin, CDs, fallen angels, and Icelandic savings accounts are just a few of the alternatives available. With the exception of T-bills/CDs <= 1yr: none of those are cash equivalent, principal protected, inf...
by AlohaJoe
Sun Jun 17, 2018 8:14 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 36
Views: 4606

Re: I-bonds look pretty bad right now

Nate79 wrote:
Sun Jun 17, 2018 7:44 pm
So what is your alternative?
Nominal Treasuries, real estate, stocks, private equity, gold, bitcoin, CDs, fallen angels, and Icelandic savings accounts are just a few of the alternatives available.
by AlohaJoe
Sun Jun 17, 2018 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 3988

Re: Tracking spending before retirement useful for estimating retirement expenses?

For people who have already made the transition, does your expenses in retirement resemble that during the years leading up to retirement? If so, is that a coincidence, or is it because you are essentially doing the same things as before? Yes, it resembled it. No, it wasn't exactly the same. But it...
by AlohaJoe
Sun Jun 17, 2018 12:20 am
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 3668

Re: A different theoretical view of SWR

A little-discussed problem with SWR theory is that it always assumes a unitary portfolio of x stocks / y bonds, consisting of substantially all a retiree’s investable assets, all of which is being drawn down at this or that % rate This isn't true. I've seen plenty of SWR analyses that include thing...
by AlohaJoe
Sat Jun 16, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Drag
Replies: 5
Views: 735

Re: Cash Drag

If you are in the market ALL IN, all the time, how do you take advantage of these investment opportunities as they present themselves? If I see an investment opportunity that will yield X% then I sell something I already own that is yielding less than X%. If the "investment opportunity" isn't big e...
by AlohaJoe
Sat Jun 16, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: Should your employment/income source determine your investment choices?
Replies: 13
Views: 928

Re: Should your employment/income source determine your investment choices?

The idea seems to make perfect sense to me. You may not own your job but you certainly own your human capital. If your human capital is tied up a (volatile) Wall Street job then it would seem to make perfect sense to have your portfolio be more conservative. Likewise, if you are a tenured professor ...
by AlohaJoe
Sat Jun 16, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: iShares lowers expense ratios on bond ETFs
Replies: 6
Views: 466

Re: iShares lowers expense ratios on bond ETFs

Why does TD still quote MUB with a 25 basis point “management fee”? From the first post: "For the purists, I read the MUB prospectus, and this is a contractual reduction of net ER from 0.25% to 0.07% through May 30, 2023, not a reduction in the gross ER. " Or, go to iShares page: https://www.ishare...
by AlohaJoe
Fri Jun 15, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investment book recommendations?
Replies: 12
Views: 993

Re: Investment book recommendations?

kmwilson343 wrote:
Fri Jun 15, 2018 9:29 pm
Hey fellow Bogleheads. Trying to educate myself on investing.
The wiki is as good a place to start as any (note the "Further reading" at the bottom)
https://www.bogleheads.org/wiki/Getting_started
by AlohaJoe
Fri Jun 15, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: RMDs based on 1986 life expectancy versus today?
Replies: 23
Views: 1956

Re: RMDs based on 1986 life expectancy versus today?

RMDs aren't based on 1986 life expectancy. They are based on life expectancy in 2000, including projected mortality improvements. Section 634 of the Economic Growth and Tax Relief Reconciliation Act of 2001 updated the tables used. RMD taxation seemingly represents a lot of federal revenue over the ...
by AlohaJoe
Fri Jun 15, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11039

Re: Which boglehead rule do you break--and are ok with

I'm a pretty strict boglehead. The one guide I don't do is a written out directive Investment Plan Statement. The only one I would kinda sorta disagree with is "Never try to time the market", just because .... never say never. If P/E got to 90 in the US you can bet I'd be market timing! 8-) (But I ...
by AlohaJoe
Fri Jun 15, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11039

Re: Which boglehead rule do you break--and are ok with

I'm a pretty strict boglehead. The one guide I don't do is a written out directive Investment Plan Statement. There's no Boglehead rule saying you have to have a written out IPS. There aren't really any Boglehead rules. The closest things are the Bogleheads principles: https://www.bogleheads.org/wi...
by AlohaJoe
Fri Jun 15, 2018 5:14 am
Forum: Investing - Theory, News & General
Topic: Schwab's Securities Lending Fully Paid (SLFP) program
Replies: 15
Views: 962

Re: Schwab's Securities Lending Fully Paid (SLFP) program

Schwab is offering a monthly income opportunity through their Securities Lending Fully Paid (SLFP) program. What are the risks? The primary risk is that you lend out something and it declares a dividend before it is returned. You still get the money -- it is part of the contract -- but you receive ...
by AlohaJoe
Thu Jun 14, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: best way to receive large sum of money from another country
Replies: 34
Views: 2333

Re: best way to receive large sum of money from another country

How would they buy Vanguard funds? At their brokerage?
by AlohaJoe
Thu Jun 14, 2018 5:40 am
Forum: Personal Consumer Issues
Topic: Living Abroad - Who's done it?
Replies: 52
Views: 4691

Re: Living Abroad - Who's done it?

The US State Department estimates there are 9 million Americans living abroad. By population, that is bigger than 39 states. It is like the entire population of New Jersey. And that's just the ones currently living abroad. I expect there's a pretty large number who lived abroad at one point and then...
by AlohaJoe
Thu Jun 14, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: Rate hikes vs - Muni, Corp, Total Bond funds
Replies: 14
Views: 1777

Re: Rate hikes vs - Muni, Corp, Total Bond funds

How did all the past rate hikes over the past 3+ years affect those? The Fed has been raising rates since February 2015. It is pretty easy to check how they've done over the past 3 years.
by AlohaJoe
Thu Jun 14, 2018 12:54 am
Forum: Investing - Help with Personal Investments
Topic: Reconciling Buy-and-Hold philosophy with AA/TLH
Replies: 17
Views: 1290

Re: Reconciling Buy-and-Hold philosophy with AA/TLH

One of the recurrent themes i found in reading the investment styles of respected investment gurus, is buying a good investment not with the intention of selling but to hold for life . That's a recurring theme? To hold it for life? I can't think of a single investment guru who has actually done tha...
by AlohaJoe
Wed Jun 13, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: best way to receive large sum of money from another country
Replies: 34
Views: 2333

Re: best way to receive large sum of money from another country

Don't forget Form 8938 when you file taxes, as well.
by AlohaJoe
Wed Jun 13, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2262

Re: Role of Annuity For Savers Who have 20+ years until Retirement

Just last week, a co-worker talked about a Met Life annuity that he was considering. He cited an 8% guarantee for 6 years and no surrender charge at that point. While I was sure Met Life was not giving guaranteed money away, I did wonder where the catch was that this relatively savvy man surely mus...
by AlohaJoe
Wed Jun 13, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2262

Re: Role of Annuity For Savers Who have 20+ years until Retirement

Did the insurance agent tell you how much money he will make if you buy that annuity from him? Very few people on this forum are in favor of fixed index annuities. (That doesn't mean no one is; there are a few who use them but they generally don't speak up because of the general anti-annuity feeling...
by AlohaJoe
Wed Jun 13, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: best way to receive large sum of money from another country
Replies: 34
Views: 2333

Re: best way to receive large sum of money from another country

The reason I want to hold CDN dollars is in case I move back to Canada for several years . The other reason would be to wait for a better exchange rate . Holding CDN in case you move back is not a good decision. If you decide to move back to Canada it is trivial to convert CDN at that point; it doe...
by AlohaJoe
Wed Jun 13, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: best way to receive large sum of money from another country
Replies: 34
Views: 2333

Re: best way to receive large sum of money from another country

If you decide to open/maintain an account in a foreign financial institution, especially with a balance of over $100K, the ongoing annual reporting requirements need to considered. It can be done. But it is not nothing. You would be treated no different than someone with a Cayman islands bank accou...
by AlohaJoe
Wed Jun 13, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Normal equity offer in startup for early employee
Replies: 12
Views: 920

Re: Normal equity offer in startup for early employee

A hypothetical example that I'm wondering about is the following: if an engineer joins a risky startup with one founder and, after a low-salary trial period, is offered 1% in a company currently valued at $1 million, but with large potential value, should they take it, or negotiate higher, or leave...
by AlohaJoe
Wed Jun 13, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed
Replies: 27
Views: 2430

Re: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed

I have something similar but not quite as strict. But forcing yourself to wait several months between bright idea and actually acting on it has a lot of merit.
by AlohaJoe
Wed Jun 13, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1274

Re: FIRE to Sweden from Switzerland on 1M euro?

The usual things: taxes, housing, healthcare (discretionary in addition to the usual things), university for children, travel plans, new hobbies, what you're retiring to , house maintenance, property taxes, vehicle replacement, what your Plan B might be if equity returns are especially poor for an ...
by AlohaJoe
Wed Jun 13, 2018 2:47 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11126

Re: Are you including SS in your planning model? Are the benefits really that high?

SS has a higher replacement factor for lower income workers. The more you earn, the smaller portion of your wages are replaced by SS. What?! I put in 6.2% of my income and get 90% out!? How could SS possibly stay solvent? You're not putting in 6.2% of your income. You're putting in 12.4% of your in...
by AlohaJoe
Wed Jun 13, 2018 2:01 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1274

Re: FIRE to Sweden from Switzerland on 1M euro?

The usual things: taxes, housing, healthcare (discretionary in addition to the usual things), university for children, travel plans, new hobbies, what you're retiring to , house maintenance, property taxes, vehicle replacement, what your Plan B might be if equity returns are especially poor for an e...
by AlohaJoe
Tue Jun 12, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 2802

Re: Would you choose text or email for two-factor authentication?

For those using texts to your cellphone, what do you do when you travel abroad? Are you effectively locked out of your accounts? This is the main reason I don't like SMS 2FA and vastly prefer the "software token" approach. However a lot of banks & brokerages, especially in the US (Vanguard, Wells F...
by AlohaJoe
Tue Jun 12, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: Why is long bonds yielding less than short bonds?
Replies: 7
Views: 1083

Re: Why is long bonds yielding less than short bonds?

Funds like BND or BIV are making substantial investments in corporate bonds. With those bonds, there is a lot more risk To see what stlutz is talking about here go to the ETF's page on Vanguard and scroll down to "Portfolio Composition" https://investor.vanguard.com/etf/profile/edv is 100% US Gover...
by AlohaJoe
Tue Jun 12, 2018 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 68
Views: 6285

Re: Taking $1M+ Long Term Capital Gains

I have accumulated over $2M LT CG. What is the best strategy to take the gains ? I am thinking 2018 will be the last bull year and I would like to unwind soon. What is the optimum LT CG that I should take in a year keeping in mind the tax brackets? The gains are in personally managed individual sto...
by AlohaJoe
Tue Jun 12, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: When everyone invests passively...
Replies: 10
Views: 1767

Re: When everyone invests passively...

Stumbled upon this blog post a few days ago and was wondering what's the Bogleheads' community answer to this particular critique of index investing? This particular claim has been brought up and debunked repeatedly over the decades. Take your subject -- "when everyone invests passively" -- and typ...
by AlohaJoe
Tue Jun 12, 2018 6:20 am
Forum: Investing - Theory, News & General
Topic: [EU] Do bond funds like VANEGBX invest in negative interest bonds?
Replies: 2
Views: 301

Re: [EU] Do bond funds like VANEGBX invest in negative interest bonds?

Why does VANEGBX buy this bonds? Would keeping cash instead of buying negative interest bonds help VANEGBX outperform its index? "The Fund seeks to provide returns consistent with the performance of the index, which is a market-weighted bond index of the euro-denominated government fixed income sec...
by AlohaJoe
Mon Jun 11, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 16382

Re: Life in retirement - what did you do today?

I had a cup of tea. I read some. I read the news about the protest & riots over the weekend. I washed some dishes. I organised some files. I walked to the local barbershop. There was a queue so I went to a cafe and had a cup of coffee. I went back to the barbershop. Got my haircut. I walked home. I ...
by AlohaJoe
Mon Jun 11, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5381

Re: Strategy for a prolonged bear market

Trend following/momentum is the only strategy that seems to have much real world support for it working. It has downsides of its own, though, and I'm not convinced enough to try it myself. For instance, right now two popular trend following signals say to sell off any Emerging Markets you have. (It ...
by AlohaJoe
Mon Jun 11, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: 100% investment in Vanguard's new VDGR ETF? (Australia)
Replies: 2
Views: 222

Re: 100% investment in Vanguard's new VDGR ETF? (Australia)

- Do I purchase 110k (all of my savings) worth of shares in VDGR and then leave it until my life circumstances change (eg, less risk-averse in 40s/50s/60s)? Sure, you can do that. - Do I need to check this investment at all? It would be my only one Most people outside of this forum are pretty hands...
by AlohaJoe
Mon Jun 11, 2018 3:04 am
Forum: Investing - Help with Personal Investments
Topic: Combining VTSAX with Schwab Intelligent Portfolio
Replies: 5
Views: 341

Re: Combining VTSAX with Schwab Intelligent Portfolio

The robo-advisor tax loss harvesting will generate wash sales (but won't know about it) if you are purchasing things outside of the robo-advisor.
by AlohaJoe
Mon Jun 11, 2018 2:47 am
Forum: Investing - Help with Personal Investments
Topic: What platform for a non-American
Replies: 6
Views: 592

Re: What platform for a non-American

Schwab One International Account was the first I looked at, but as I understand (and correct me if I'm wrong) its purely for US domiciled funds. From Schwab's website: "Schwab offers a comprehensive solution for your global investing needs including equity trading in over 30 foreign markets" I've h...
by AlohaJoe
Sun Jun 10, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Factors From Scratch
Replies: 11
Views: 896

Re: Factors From Scratch

Jesse Livermore is the pen name of a well known financial writer who normally publishes at philosphicaleconomics
by AlohaJoe
Sat Jun 09, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11126

Re: Are you including SS in your planning model? Are the benefits really that high?

I have never included social security and pensions in my planning models. They could be around in eight years when I retire but they might not be. I figure that if I can live off my savings (Taxable, IRAs, 401(k)s) in my retirement, and pension or Social security is just gravy. Our social security ...
by AlohaJoe
Sat Jun 09, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: V-ETF strategic model portfolio S&P
Replies: 5
Views: 271

Re: V-ETF strategic model portfolio S&P

There's no such thing as "tickers for portfolios", so I'm not sure exactly what you're looking for. Tickers are for individual securities, not portfolios. If you want to see how a portfolio has performed historically you can use Portfolio Visualizer at https://www.portfoliovisualizer.com/backtest-po...
by AlohaJoe
Sat Jun 09, 2018 2:23 am
Forum: Investing - Theory, News & General
Topic: I don’t understand the concept of cost of equity
Replies: 5
Views: 574

Re: I don’t understand the concept of cost of equity

Also, I have trouble understanding the concept of DCF valuations altogether. I mean, if a stock’s average yearly growth rate was greater than the risk free rate, wouldn’t the value of a company over a long enough time period technically be infinity? The discount rate isn't usually the riskless rate...
by AlohaJoe
Fri Jun 08, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 66
Views: 8958

Re: The Psychology of Money - A Blog Post

I loved this one: There are over 2,000 books picking apart how Warren Buffett built his fortune. But none are called “This Guy Has Been Investing Consistently for Three-Quarters of a Century.” Yeah, I'm always reminded that Warren Buffet wasn't even a billionaire until his 50s. So I've still got a ...