Search found 531 matches

by Jeff Albertson
Fri Sep 21, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Looking for best quality indoor security camera
Replies: 9
Views: 424

Re: Looking for best quality indoor security camera

"The Best Indoor Security Camera" https://thewirecutter.com/reviews/best-wi-fi-home-security-camera/ The Logitech Circle 2 (corded) has the best combination of features of the models we tested, including stellar 1080p video with a 180-degree field of view, continuous recording, 24 hours of free clou...
by Jeff Albertson
Fri Sep 21, 2018 7:02 am
Forum: Investing - Theory, News & General
Topic: Chase You Invest, is low cost the new default?
Replies: 12
Views: 1305

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

Should your goal be cheap trades or higher portfolio value? You will most likely in the end be richer with a company with a very high trade cost because you will trade much less.
by Jeff Albertson
Thu Sep 20, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: New [Vanguard] environmental, social, governance (ESG) ETFs
Replies: 25
Views: 1652

Re: New [Vanguard] environmental, social, governance (ESG) ETFs

The "Vanguard FTSE Social Index Fund Investor Shares (VFTSX)" has been around for 18 years. You wonder why they didn't just rename it as an ESG fund. It has generally outperformed the broader SP500 index. VFTSX vs VFIAX (Vanguard SP500 admiral fund) 10 years: 11.21% vs 10.85% 5 years: 15.25% vs 14.4...
by Jeff Albertson
Thu Sep 20, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 59
Views: 5544

THE SHED AT DULWICH

"I Made My Shed the Top Rated Restaurant On TripAdvisor" https://www.vice.com/en_uk/article/434gqw/i-made-my-shed-the-top-rated-restaurant-on-tripadvisor ... I worked other jobs. There was one in particular that really had an impact on me: writing fake reviews on TripAdvisor. Restaurant owners would...
by Jeff Albertson
Thu Sep 20, 2018 8:22 am
Forum: Investing - Theory, News & General
Topic: New [Vanguard] environmental, social, governance (ESG) ETFs
Replies: 25
Views: 1652

New [Vanguard] environmental, social, governance (ESG) ETFs

Vanguard launched two new environmental, social, and governance (ESG) funds on Tuesday. Vanguard ESG U.S. Stock ETF (ESGV) Vanguard ESG International Stock ETF (VSGX) filing announcement (6-27-18) https://pressroom.vanguard.com/news/Press-Release-Vanguard-Files-For-Two-New-ESG-ETFS-06272018.html Van...
by Jeff Albertson
Wed Sep 19, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: Long term stays/vacations
Replies: 11
Views: 1472

Re: Long term stays/vacations

For a stay longer than 90 days, you may want to get familiar with Schengen visa requirements. With a valid U.S. passport, you can stay up to 90 days for tourism or business during any 180-day period. Do not overstay! You must wait an additional 90 days before applying to re-enter the Schengen area. ...
by Jeff Albertson
Tue Sep 18, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 16
Views: 2066

Re: New era for TSP "I" Fund?

FWIW, The Thrift Savings Plan acted on Monday to have its automatic pilot investment funds steer a more aggressive course. Following a consultant’s recommendation, the TSP will shift the investment mixes in its “lifecycle” funds, what it calls L Funds, more toward stocks. The goal is to “improve out...
by Jeff Albertson
Sun Sep 16, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: A Comprehensive Guide to Exchange-Traded Funds (ETFs)
Replies: 1
Views: 277

Re: A Comprehensive Guide to Exchange-Traded Funds (ETFs)

Dave Nadig was interviewed on the latest Bloomberg Masters in Business podcast, one of the better episodes. http://ritholtz.com/2018/09/mib-dave-nadig-etf-com/ This week, we speak with Dave Nadig, managing director of CBOE’s ETF.com. Nadig helped design some of the first ETFs as managing director at...
by Jeff Albertson
Wed Sep 12, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Cliff Asness: Liquid Alt Ragnarok?
Replies: 80
Views: 5127

Re: Cliff Asness: Liquid Alt Ragnarok?

For a non-fringe view of what caused the housing crisis, see calculatedriskblog.com -
https://www.calculatedriskblog.com/2017 ... using.html
by Jeff Albertson
Mon Sep 10, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: Using Lastpass as your password manager
Replies: 34
Views: 3604

Re: Using Lastpass as your password manager

I attempt to reduce the keylogger risk by (1) using the lastpass virtual keyboard (using the mouse to "type" the keys) to input part of my master password and (2) copying the rest of the password from a large spreadsheet. Many (most?) keyloggers also take screenshots, which defeats this precaution....
by Jeff Albertson
Mon Sep 10, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Using Lastpass as your password manager
Replies: 34
Views: 3604

Re: Using Lastpass as your password manager

I attempt to reduce the keylogger risk by (1) using the lastpass virtual keyboard (using the mouse to "type" the keys) to input part of my master password and (2) copying the rest of the password from a large spreadsheet.
by Jeff Albertson
Sun Sep 09, 2018 7:47 am
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4974

Re: Lessons from the financial crisis (Pisani, CNBC)

Prof Tooze was featured on BBC's Business Daily, "Looking Back at Lehmans", last Friday. It's well worth the 18 minutes. They looked at causes & response, as well as consequences. Ed Butler talks to historian Adam Tooze about the legacy of the global financial crisis, which peaked with the collapse ...
by Jeff Albertson
Tue Sep 04, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Time to look at SS [When should I take Social Security?]
Replies: 55
Views: 4924

Re: Time to look at SS

Each year that you delay receiving it past age 62 increases your payout by an average of 7.32% per year.

https://www.amazon.com/Ages-Investor-Cr ... n+investor
by Jeff Albertson
Mon Sep 03, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for recently retired
Replies: 10
Views: 1215

Re: Investment advice for recently retired

William Bernstein's "The Ages of the Investor: A Critical Look at Life-cycle Investing (Investing for Adults Book 1)" is well worth reading. He outlines some withdrawal strategies and points out the pluses and minuses of each. https://www.amazon.com/Ages-Investor-Critical-Life-cycle-Investing-ebook/...
by Jeff Albertson
Sat Sep 01, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3040

Re: Thoughts on investing in Uranium???

nedsaid wrote:
Sat Sep 01, 2018 7:22 pm
But yes, nuclear has been pretty safe.
Safe, except when they're not. The nuclear power industry, like the big banks, has a great deal, heads they win, tails the taxpayer loses.
by Jeff Albertson
Sat Sep 01, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to retire early. Is my math right?
Replies: 29
Views: 3688

Re: Wanting to retire early. Is my math right?

How to Retire in Your 30s With $1 Million in the Bank Fed up with their high-pressure jobs, some millennials are quitting and embracing the FIRE movement. (It stands for financial independence, retire early). Millennials especially have embraced this so-called FIRE movement — the acronym stands for...
by Jeff Albertson
Sat Sep 01, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Frequency? Daily vs annually?
Replies: 34
Views: 2308

Re: Rebalancing Frequency? Daily vs annually?

From Bernstein's "Case Studies in Rebalancing" (January 2000) Monthly rebalancing is too frequent. There are small rewards to increasing one's rebalancing frequency from quarterly up to several years, but this comes at the price of increased portfolio risk. You makes your choice and you takes your c...
by Jeff Albertson
Sat Sep 01, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: The US debt is even larger than stated
Replies: 25
Views: 2016

Re: The US debt is even larger than stated

Two guys you never heard of said it on the internet, must be true!
by Jeff Albertson
Sat Sep 01, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Investment Books
Replies: 42
Views: 2815

Re: Investment Books

Books? Why not just an index card and a little discipline?
https://www.npr.org/sections/alltechcon ... k-is-there
by Jeff Albertson
Sat Sep 01, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3040

Re: Thoughts on investing in Uranium???

Thus to a great extent it comes down to storage. There have been some significant gains in storage but it's still too expensive and far too low capacity for an electricity grid, let alone a grid which is extended to displace gas heating, support Electric Vehicles, etc. Here's one guy's solution, "p...
by Jeff Albertson
Wed Aug 29, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Microsoft adding stock quote functionality to Excel
Replies: 12
Views: 3325

Re: Microsoft adding stock quote functionality to Excel

I've been using an excel add-in, smfGetYahooPortfolioView, to pull in quotes, works great. (using Excel 2007 btw)
by Jeff Albertson
Wed Aug 29, 2018 7:16 pm
Forum: Personal Consumer Issues
Topic: Nespresso?
Replies: 87
Views: 6355

Re: Nespresso?

I was surprised to find the local Target store has capsules compatible with the original machines. They had several blends available from both the Target brand capsules ($5 for 10 capsules) and also 4 or 5 blends from Peets ($8 for 10).
by Jeff Albertson
Mon Aug 27, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10360

Re: I own 1,387 items!

"32 photos that show how obsessed Japan is with minimalism"
https://www.thisisinsider.com/inside-ja ... mes-2016-6
by Jeff Albertson
Sat Aug 18, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Best (most practical, low cost) Luggage for Airline Travel
Replies: 56
Views: 3808

Re: Best (most practical, low cost) Luggage for Airline Travel

from the review site 'The Wirecutter': The Best Carry-On Luggage https://thewirecutter.com/reviews/best-carry-on-luggage/ The top pick and the runnerup are from Travelpro. The budget pick is Costco's Kirkland brand. Best checked: https://thewirecutter.com/reviews/best-checked-luggage/ Do yourself a ...
by Jeff Albertson
Fri Aug 17, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 112
Views: 12926

Re: Very confused with the current market

- It has been history higher and higher. - the fundamental law says it will recycle every 10 years - I had been on cash for 10 months Please don't tell me I should not time the market. What's going wrong? Looks like someone broke the law! http://ritholtz.com/wp-content/uploads/2018/08/history-1024x...
by Jeff Albertson
Thu Aug 16, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25077

Re: Invest in Tesla?

Interview with NYTimes (David Gelles, James B. Stewart, Jessica Silver-Greenberg and Kate Kelly): https://www.nytimes.com/2018/08/16/business/elon-musk-interview-tesla.html Elon Musk was at home in Los Angeles, struggling to maintain his composure. “This past year has been the most difficult and pai...
by Jeff Albertson
Thu Aug 16, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Take your canes out in Emerging Markets
Replies: 33
Views: 5542

Re: Take your canes out in Emerging Markets

The valuations are reaching stupidly low levels again for EM value, but 1, I have large capital gains in them so I’m not going to sell and 2, I’m not going to catch a falling knife needlessly to buy more beyond the current auto 401k purchases The Economist "The contrarian case for emerging markets"...
by Jeff Albertson
Tue Aug 14, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: Magic Formula Results
Replies: 20
Views: 2065

Re: Magic Formula Results

Greenblatt's funds are in the Gotham Fund group: https://www.gothamfunds.com/Default.aspx
their "index plus" fund: https://www.gothamindexplus.com/
by Jeff Albertson
Fri Aug 10, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 10586

Re: The Bigger Story: Fidelity Expense Ratios

Any guarantees that Fidelity will continue these low fees in the future? If fees change in the future, you could change back to Vanguard. However, after a certain amount of built up capital gains, you are almost trapped into remaining & paying the higher fees. Vanguard could also raise fees, but, IM...
by Jeff Albertson
Thu Aug 09, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 181
Views: 24351

Re: Vanguard New Factor Funds Portfolio Statistics

What's next, factor funds for bonds? Actually yes, there are bond factor funds. AQR’s first dedicated fixed-income offering, a fund of American high-yield (that is, junk-rated) bonds, was launched in mid-2016. It outperformed the benchmark index by 2.1 percentage points in its first year, and 2.6 po...
by Jeff Albertson
Thu Aug 02, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Annuity vs investment
Replies: 40
Views: 2647

Re: Annuity vs investment

It's worth listening to Robert Merton on "The New Retirement" podcast. https://www.newretirement.com/retirement/podcast-episode-11-bob-merton-fixing-retirement/ Episode 11 of the NewRetirement podcast is an interview with Nobel Prize winner Robert Merton. Professor Robert Merton is a globally recogn...
by Jeff Albertson
Mon Jul 30, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements blog - Argues for all-in-one fund
Replies: 21
Views: 3793

Re: Jonathan Clements blog - Argues for all-in-one fund

Jonathan Clements had an article on Mike Piper a few months ago - http://www.humbledollar.com/2018/03/obliviousinvestor-com/ Many financial experts fret endlessly over precisely how much to invest in small-cap stocks, real estate investment trusts, emerging markets and other market sectors. But Pipe...
by Jeff Albertson
Sun Jul 29, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements blog - Argues for all-in-one fund
Replies: 21
Views: 3793

Re: Jonathan Clements blog - Argues for all-in-one fund

Boglehead Mike Piper led the way on this. https://obliviousinvestor.com/my-portfolio-updated/ https://obliviousinvestor.com/are-we-still-using-the-lifestrategy-growth-fund/ What’s In My Portfolio? (Updated) Last week, my wife and I made a big change to our retirement portfolio — one that we’ve been ...
by Jeff Albertson
Sat Jul 28, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Barrons: The Top Robo Advisors
Replies: 17
Views: 2015

Re: Barrons: The Top Robo Advisors

Admittingly, it's hard to take these type of rankings seriously anyway.
by Jeff Albertson
Sat Jul 28, 2018 7:09 am
Forum: Investing - Theory, News & General
Topic: Barrons: The Top Robo Advisors
Replies: 17
Views: 2015

Barrons: The Top Robo Advisors

Vanguard #1 “For the robos, the simpler, more generic portfolios have had better returns,” says Ken Schapiro, Backend Benchmarking’s founder and CEO. That has been the formula at Vanguard, which of course is known for capturing diverse market exposure through broad-based, low-cost funds. Vanguard ha...
by Jeff Albertson
Wed Jul 25, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 140
Views: 17860

Re: Vanguard - You'll need to sign up for security codes soon

FWIW, Google is releasing its own security key, called the Titan Security Key. It'll be available by the end of the summer in Google's online store. In an exclusive hands-on, CNET was able to test the Titan Security Key, Google's own key, which uses multifactor authentication to protect people again...
by Jeff Albertson
Thu Jul 19, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25077

Re: Invest in Tesla?

WSJ (Dan Neil) has glowing review of the 450 hp performance version of the Model 3. The article is unlocked, at least I didn't need a password. "First Test Drive of the Tesla Model 3 Performance: A Thrilling, Modern Marvel" https://www.wsj.com/articles/first-ever-review-of-the-tesla-model-3-performa...
by Jeff Albertson
Thu Jul 12, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3558

Re: Advocating to not index

Larry Swedroe adds - The basic argument of these and other critiques is that the popularity of indexing (and the broader category of passive investing) is distorting prices as fewer shares are traded by investors performing the act of “price discovery.” Let’s examine the validity of such claims. htt...
by Jeff Albertson
Wed Jul 11, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3558

Re: Advocating to not index

If those non-indexers don't have special information, they might be making things less efficient. The Buttonwood columnist seems to agree. Yet if more people are buying the index, might the market become less efficient? And might that, in turn, create opportunities for the very stockpickers who Sam...
by Jeff Albertson
Mon Jul 09, 2018 9:27 pm
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 70
Views: 97550

Re: Opticians: is there any difference in quality of Costco glasses?

check the interview at time 13:45 minutes:
https://www.bbc.co.uk/programmes/w3cswgkn
says Dean Butler:
- profit margins are huge, that why I got into the business
- cost of lenses is only about 8% of what is charged at retail,
- cost to manufacture is about 20 U.S. cents per lens.
by Jeff Albertson
Mon Jul 09, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 70
Views: 97550

Re: Opticians: is there any difference in quality of Costco glasses?

The primary reason eyeglasses cost so much in the U.S. is because one company dominates the entire industry. https://en.wikipedia.org/wiki/Luxottica and you thought Luxottica had too much of the market, wait, it does get worse A Spectacular Merger Business Daily Two companies dominate the global ey...
by Jeff Albertson
Fri Jul 06, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: Coffee Grinder recommendations
Replies: 56
Views: 3350

Re: Coffee Grinder recommendations

from thewirecutter review site: After more than 65 hours of research and hands-on grinding over the past two years, we think the uber-consistent, no-frills Baratza Encore is the best grinder for most people. It reliably delivers the high-quality grind needed to make a great cup of coffee at a practi...
by Jeff Albertson
Thu Jul 05, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: History of U.S. Dividends & Share Buybacks, 1871-2017
Replies: 32
Views: 2568

Re: History of U.S. Dividends & Share Buybacks, 1871-2017

Buybacks defer taxes as compared to dividends. Maybe a more important reason buybacks are so popular is that CEO pay is frequently tied to stock price. It's an easy choice for a CEO to make, higher bonus or not?
by Jeff Albertson
Tue Jun 26, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 156
Views: 17164

Re: IRS publishes draft 2018 1040 - Huge changes made

Glockenspiel wrote:
Tue Jun 26, 2018 2:29 pm
Such a PR stunt. There's no reason to truly try to fit it on a postcard-sized sheet of paper. "Look! We made taxes far more simple!" In reality, taxes are still just as complicated as they were before.
Exactly, lipstick on a pig. An attempt to reduce the unpopularity of recent changes.
by Jeff Albertson
Tue Jun 26, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Is there a way to avoid bad companies in S&P 500?
Replies: 92
Views: 4847

Re: Is there a way to avoid bad companies in S&P 500?

Will Rogers figured this out:
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
by Jeff Albertson
Mon Jun 25, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: Small company effect is overstated due to flawed dataset
Replies: 12
Views: 1747

Re: Small company effect is overstated due to flawed dataset

In a related post, The key point with this chart is that US small cap stocks are trading at the most expensive valuations on record (and materially higher vs large caps). Everyone, join the crowd & let's factor! https://static.wixstatic.com/media/542496_5555ec18c4ef424996b728ba9420cb67~mv2.png/v1/fi...
by Jeff Albertson
Mon Jun 25, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Charity giving how much? How much do other retirees give?
Replies: 44
Views: 4155

Re: Charity giving how much? How much do other retirees give?

An interesting episode of BBC Business Daily today, a discussion of 'effective altruism'. How to Give When it comes to charitable giving should we be ruled by our hearts or our minds? Is it better, for example, to give $100 to buy mosquito nets for dozens of families or should that money go towards ...
by Jeff Albertson
Fri Jun 22, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 3487

Re: Is technology the reason for low inflation?

Not easy reading, but Larry Summers has a related article here: https://www.brookings.edu/research/why-the-fed-needs-a-new-monetary-policy-framework/amp/?__twitter_impression=true On the other hand there are compelling reasons to believe that the risks of deflation have increased. First, the world h...
by Jeff Albertson
Sun Jun 17, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Basic Inflation Questions
Replies: 21
Views: 1266

Re: Basic Inflation Questions

You'd probably do best by going to the source:
They have a lot of information there that answers your questions.