Search found 410 matches

by jsnbrnd
Sat Jun 16, 2012 10:23 pm
Forum: Investing - Theory, News & General
Topic: What Now
Replies: 25
Views: 2773

Re: What Now

Why are you convinced Greece leaving the Eurozone would be bad? 1. All Greek Euro debt would instantly be worthless or close to it. 2. The bank runs now occurring in Greece would spread to (at minimum) Spain, Italy, Portugal, and Ireland. 3. The bond markets would close to those countries, and thei...
by jsnbrnd
Sun Jun 10, 2012 10:48 pm
Forum: Investing - Theory, News & General
Topic: How much in bonds (in %)?
Replies: 31
Views: 4124

Re: How much in bonds (in %)?

Fixed income (CDs, bonds, preferred stocks) about 65%, plus pensions and SocSec. We're in our mid-70s.
by jsnbrnd
Sat Jun 09, 2012 11:12 pm
Forum: Investing - Theory, News & General
Topic: Guru's still underperforming 2 to 1
Replies: 15
Views: 2796

Re: Guru's still underperforming 2 to 1

Which is a better indicator of future stock prices; flipping a coin or the advice of market gurus? Flipping a coin is overwhelmingly and consistently a better indicator of future prices than taking a consensus among market experts. Here is the recent data - Gurus’ Results Stay Consistently Bad Rick...
by jsnbrnd
Wed Jun 06, 2012 7:28 pm
Forum: Investing - Theory, News & General
Topic: A Newsletter for gold investors...Free, and a good read
Replies: 16
Views: 2639

Re: A Newsletter for gold investors...Free, and a good read

chaz wrote:My wife wears my gold assets. Not to be traded.
The assets or your wife?
by jsnbrnd
Sat Jun 02, 2012 1:36 am
Forum: Investing - Theory, News & General
Topic: Market tanking, great opportunity to invest!
Replies: 61
Views: 7455

Re: Market tanking, great opportunity to invest!

Easy Rhino wrote:

Besides, it's only truly time to buy when no one is left to crow about how something is on sale.
Then we have a LONG way to go. The crows were out in force today.
by jsnbrnd
Sat Jun 02, 2012 1:30 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey and 7%
Replies: 46
Views: 10332

Re: Dave Ramsey and 7%

Guy called in yesterday and told the host he was watching out for an elderly person with 1.3 mill in assets and was looking for a safe place to put these funds to support the elderly guy till the end. Dave told the guy he should be able to get + - 70 thou a year from this averaging aprox 7% and to ...
by jsnbrnd
Sat Jun 02, 2012 1:26 am
Forum: Investing - Theory, News & General
Topic: Encouraging words of the day
Replies: 41
Views: 2812

Re: Encouraging words of the day

newport1 wrote:The usual TV market prognosticators sound ready to slit their wrists. That encourages me that a rally is in the making.
I would be more encouraged if they actually DID slit their wrists.
by jsnbrnd
Sat Jun 02, 2012 1:23 am
Forum: Investing - Theory, News & General
Topic: Encouraging words of the day
Replies: 41
Views: 2812

Re: Encouraging words of the day

I thought you had made up the word "pessimal," but it actually exists! Moreover, to pessimise is to make as bad as possible. I can hardly wait for an opportunity to use it. Victoria Wait until the next Fed meeting. This thread should have been titled "Remains of the Day."
by jsnbrnd
Mon May 28, 2012 9:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard SV, SG and TSM
Replies: 28
Views: 1901

Re: Vanguard SV, SG and TSM

Yes, that's right. You get 15 cases of Whoppers, 10 cases of 100 Grand bars, 5 boxes of Junior mints and a bite of Small Growth Crunch and a bite of Small Value Toffee. Savor the bite... In fact, I have an equal interest (on average, not factoring in private companies) in every case of candy bars s...
by jsnbrnd
Wed May 23, 2012 11:38 pm
Forum: Investing - Theory, News & General
Topic: Buying Good Companies is Not a Superior Strategy
Replies: 18
Views: 2680

Re: Buying Good Companies is Not a Superior Strategy

Very often money managers say their stock selection strategy is to "buy good companies at reasonable prices."This idea sounds great. The problem is that this strategy delivers below market returns after fees. A total market index fund that includes thousands of companies and has very low ...
by jsnbrnd
Wed Mar 14, 2012 12:28 am
Forum: Investing - Theory, News & General
Topic: Another retroactive change of a CD withdrawal penalty
Replies: 16
Views: 2670

Re: Another retroactive change of a CD withdrawal penalty

Ally's currently-modest EWP might lead some to think it is safe to buy a 5-year CD for an emergency fund, since the "break after" rate works out to be higher than other, traditional, liquid savings products. Caveat emptor. This emptor owns Ally "Raise Your Rate" CDs, and therefo...
by jsnbrnd
Wed Mar 14, 2012 12:13 am
Forum: Investing - Theory, News & General
Topic: How Accurate are Financial Pundits?
Replies: 8
Views: 1902

Re: How Accurate are Financial Pundits?

When you hear a pundit on CNN or CNBC, they may be introduced as "the expert who predicted the current [whatever]". What they don't tell you is how often the guys predictions were wrong. There is an interesting similarity between those two sets of pundits: they invariably use the word &qu...
by jsnbrnd
Tue Feb 14, 2012 10:44 pm
Forum: Investing - Theory, News & General
Topic: Dividend Taxation Effects on Tax-Efficient Fund Placement
Replies: 62
Views: 4202

Re: Dividend Taxation Effects on Tax-Efficient Fund Placemen

I have been ranting and raving about this in increasing frustration over the last few months. I anticipated this beginning last year and ahve adjusted, assuming what is expected to happen will happen. For a high tax bracket person, the tax on dividends will be 39.6% + 2-3% for loss of deductions + ...
by jsnbrnd
Tue Feb 14, 2012 10:40 pm
Forum: Investing - Theory, News & General
Topic: Linda Stern: "Watch for the pop!"
Replies: 23
Views: 6901

Re: Linda Stern: "Watch for the pop!"

Amazing to think about, but I'll bet she's got something. And another reason why one should always look at the growth chart, not just the 1-3-5-10 year returns. Stern Advice: Watch for that mutual fund pop Next month, something very dramatic is going to happen to most stock mutual funds. The dramat...
by jsnbrnd
Thu Feb 09, 2012 11:23 pm
Forum: Investing - Theory, News & General
Topic: Which bank do you use?
Replies: 71
Views: 11352

Re:

WellsFargo: banking, online billpay, checking, mortgage, IRAs, kids accounts, joint brokerage, etc. Don't need face time, but it's available. I like the no fees for any and everything of this bank. Somebody else must be paying the fees because it ain't me. Did you see the cover story about Wells in...
by jsnbrnd
Thu Feb 09, 2012 11:18 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks are not bonds.
Replies: 21
Views: 2787

Re: Dividend stocks are not bonds.

That Lawrence Block is one heck of a writer. Sure enjoy his Matthew Scudder novels...now back to business at hand. ... Cant wait to finish that Lawrence Block book and move on to another. Anyone have any reading suggestions? Ed Lawrence Block is a philatelist. A newer series is about a man named Ke...
by jsnbrnd
Fri Dec 09, 2011 11:28 pm
Forum: Investing - Theory, News & General
Topic: My annual book list for those interested
Replies: 9
Views: 1748

Re: My annual book list for those interested

I detect a certain interest in mystery novels and an obsession with Ross Thomas. You have good taste, namely mine. :D
by jsnbrnd
Sun Nov 13, 2011 12:27 am
Forum: Investing - Theory, News & General
Topic: How a financial planner lost his home
Replies: 203
Views: 18886

Re: How a financial planner lost his home

Anyone who borrows 100% of the cost of his house does not get my sympathy.
by jsnbrnd
Wed Nov 02, 2011 9:56 pm
Forum: Investing - Theory, News & General
Topic: A 200 year old firm goes bankrupt
Replies: 24
Views: 4958

Re: A 200 year old firm goes bankrupt

We all DO know what MF stands for, do we not?
by jsnbrnd
Sun Oct 02, 2011 10:53 pm
Forum: Investing - Theory, News & General
Topic: And now for a really bearish prediction...
Replies: 15
Views: 3517

One really creepy thing I heard on the radio was about some group who predicted the last three recessions saying we are already in one. Than the guy said something like- if you think this is a bad economy, you ain't seen nothing yet. http://www.businesscycle.com/reports_indexes/reportsummarydetails...
by jsnbrnd
Wed Sep 21, 2011 10:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Site Changes?
Replies: 26
Views: 3123

I don't understand the buy/sell change, but I will get used to it as I don't use it more than a couple times a year. The automatic withdrawal page (which is what I use and check more often ) changed a month or so ago also. I didn't like it, but have to work with it regardless. I would like Vanguard...
by jsnbrnd
Wed Sep 14, 2011 9:45 pm
Forum: Investing - Theory, News & General
Topic: online calculator needed
Replies: 12
Views: 1977

Re: online calculator needed

Hi, favor - I'm looking for an Excel formula, or an online calculator that will help me determine the end result plugging in these 3 numbers: X - principal amount added to an investment per year Y - number of years Z - the expected annual rate of return of the compounded principal Where if X = $100...
by jsnbrnd
Sat Sep 10, 2011 9:09 pm
Forum: Investing - Theory, News & General
Topic: Another Investment "Advisor" now @ GrayBar Inn
Replies: 18
Views: 2709

Re: Another Investment "Advisor" now @ GrayBar Inn

She's definitely not in that the Madoff league, but this gal gave it a good try. How can these scammers sleep at night ? When I read of these scams I don't wonder about the scammer, I wonder about the investors who give them their hard-earned money. Same with Madoff: the real wonder was the investo...
by jsnbrnd
Wed Sep 07, 2011 11:47 pm
Forum: Investing - Theory, News & General
Topic: Changes to Scholarshare (California) 529
Replies: 17
Views: 2087

sscritic wrote:It's TIAA; it was announced in June. (How's that for monitoring?)

Fidelity didn't even bid for a renewal of their contract. I guess California isn't big enough for them.
Perhaps they felt that doing business with California is a PITA.
by jsnbrnd
Wed Sep 07, 2011 11:43 pm
Forum: Investing - Theory, News & General
Topic: Laura's Latest Forbes Column
Replies: 29
Views: 3612

Re: Laura's Latest Forbes Column

Hello Everyone: Given all the recent craziness in both the market and the weather, Laura's latest column is a very timely one. http://www.forbes.com/sites/thebogleheadsview/2011/09/07/regaining-control-in-a-crazy-market/ Everything she says is perfectly reasonable, but the article is too elementary...
by jsnbrnd
Thu Sep 01, 2011 9:45 pm
Forum: Investing - Theory, News & General
Topic: Most misleading statements in investing
Replies: 57
Views: 5189

Re: Most misleading statements in investing

I'm going to do a piece on CBS MoneyWatch on "the most misleading statements in investing" and want to solicit some candidates from the most savvy investors on the planet. I'm looking for things like " you can build wealth without risk " to sell equity indexed annuities. Any nom...
by jsnbrnd
Sat Aug 27, 2011 9:41 pm
Forum: Investing - Theory, News & General
Topic: NYT: the fall of HP
Replies: 18
Views: 2650

Sidney wrote:Yes, HP and Fluke were pretty standard in instrumentation.
You forgot Tektronix.
by jsnbrnd
Sat Aug 27, 2011 9:40 pm
Forum: Investing - Theory, News & General
Topic: NYT: the fall of HP
Replies: 18
Views: 2650

sscritic wrote:Does anyone else remember when HP made oscilloscopes and other instruments for measurement?

http://www.hpmemory.org/wa_pages/wall_a_page_08.htm
http://www.hpmemory.org/wa_pages/wall_a_page_12.htm
Absolutely. I used them almost every day.
by jsnbrnd
Tue Aug 23, 2011 10:11 pm
Forum: Investing - Theory, News & General
Topic: If FDIC Accounts Are Safe As Treasury Bills then Why...?
Replies: 96
Views: 9480

Re: If FDIC Accounts Are Safe As Treasury Bills then Why...?

Why can I get a 1% high yield FDIC insured savings account while T-Bills are yielding 0%, if both are truly equal in risk? One answer is that the only people buying T-Bills are huge institutions who invest tens or hundreds of millions of dollars and thus exceed FDIC limits. That's the only plausibl...
by jsnbrnd
Tue Aug 23, 2011 10:09 pm
Forum: Investing - Theory, News & General
Topic: Thought you would all like to know this
Replies: 28
Views: 5348

dbonnett wrote:(Cramer) Rest room
No, that is only PART of the Rest Room.
And it's not the sink.
by jsnbrnd
Sat Aug 20, 2011 10:35 pm
Forum: Investing - Theory, News & General
Topic: Ormand vs Index Funds
Replies: 26
Views: 3782

Ramsey advises large growth.....period. Ramsey is FAR worse than that. Here's what I posted on another forum: Returning to what Dave says in his book, on page 157 we find: 1. "Growth and Income Funds get 25% of my investment. (They are sometimes called Large Cap or Blue Chip Funds)" -- Th...
by jsnbrnd
Sat Aug 20, 2011 10:25 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Market Plunge May Not Have Been A Bad Idea
Replies: 45
Views: 7999

Re: few thoughts

larryswedroe wrote:

Third, you can take the boy out of the Bronx (left in 1977) but not the Bronx out of the boy.
Indeed. The first two words out of your mouth were enough.
by jsnbrnd
Fri Aug 19, 2011 10:15 pm
Forum: Investing - Theory, News & General
Topic: Ormand vs Index Funds
Replies: 26
Views: 3782

Re: Ormand vs Index Funds

Did anyone see Suzie Ormand criticizing index funds last night on CNBC. Twice, she advised long term investors to get out of index funds because they don't pay dividends. Correct me if I'm wrong, but don't you capture significant dividends by being in a 500 or total market index? You're right and s...
by jsnbrnd
Mon Aug 08, 2011 10:25 pm
Forum: Investing - Theory, News & General
Topic: 538 blog on the quality of S&P ratings
Replies: 1
Views: 479

Re: 538 blog on the quality of S&P ratings

Why S&P's Ratings are Substandard and Porous (free registration required as this blog is on the NY Times web site) Some key quotes: The S.&P. ratings have an extremely strong relationship [correlation 0.72] with a measure of political risk known as the Corruption Perceptions Index, which is...
by jsnbrnd
Mon Aug 08, 2011 10:05 pm
Forum: Investing - Theory, News & General
Topic: A Wider Crisis of Globalization?
Replies: 28
Views: 3505

Re: A Wider Crisis of Globalization?

http://www.cnbc.com/id/44066929 Here are the final two paragraphs: Critics say most attempted financial crisis fixes — bailouts and stimuli — have simply "kicked the can down the road", providing short-term relief but little more. "Nobody's kicking a bigger can with more force than t...
by jsnbrnd
Sat Aug 06, 2011 12:25 am
Forum: Investing - Theory, News & General
Topic: Did you miss the end of the world?
Replies: 5
Views: 1087

Re: Did you miss the end of the world?

Did you miss the end of the world? Published: Friday, 5 Aug 2011 | 7:51 AM ET World Economy Rolling Toward 'Total Collapse': http://www.cnbc.com/id/44031717 Published: Friday, 5 Aug 2011 | 2:49 PM ET Capitulation? Market Looks For Signs Selloff is Done http://www.cnbc.com/id/44034816 CNBC can make ...
by jsnbrnd
Sat Aug 06, 2011 12:10 am
Forum: Investing - Theory, News & General
Topic: U.S. loses AAA credit rating from S&P
Replies: 286
Views: 32238

Re: U.S. loses AAA credit rating from S&P

"The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy." http://www.reuters.com/article/2011/08/06/us-usa-debt-downgrade-idUSTRE7746VF20110806 Wow. Thoughts? A reminder: Economic and P...
by jsnbrnd
Tue Jul 26, 2011 11:04 pm
Forum: Investing - Theory, News & General
Topic: Did John Bogle Get it Wrong?
Replies: 36
Views: 6011

Re: Did John Bogle Get it Wrong?

larryswedroe wrote:thought would enjoy this post on my blog at
http://moneywatch.bnet.com/investing/bl ... blog-river
Morningstar 5_star ratings are outstanding at predicting performance.
I refer, of course, to PREVIOUS performance.
by jsnbrnd
Tue Jul 19, 2011 9:57 pm
Forum: Investing - Theory, News & General
Topic: Being debated: Muni bonds to lose tax exemption ??
Replies: 24
Views: 2668

baw703916 wrote:It might end up being much like the Build America Bonds, that are taxable, causing the municipalities to pay higher interest rates. The federal government then subsidizes part of the interest.

Brad
Such a subsidy increases the federal debt. Care to justify THAT?
by jsnbrnd
Tue Jul 19, 2011 9:55 pm
Forum: Investing - Theory, News & General
Topic: Being debated: Muni bonds to lose tax exemption ??
Replies: 24
Views: 2668

Re: Being debated: Muni bonds to lose tax exemption ??

ALinLI wrote:This is being considered in the budget talks. Impact would not be pretty on munis

http://money.cnn.com/2011/07/19/markets ... d=HP_River
Any Congressperson voting for this would be lynched.
by jsnbrnd
Tue Jul 19, 2011 9:48 pm
Forum: Investing - Theory, News & General
Topic: Active Investors Bailing: Index Funds Gain
Replies: 16
Views: 2505

Re: Active Investors Bailing: Index Funds Gain

Hello Everyone: It looks like active investors don't have too much faith in their guru managers to handle what could be troubling times, since they're bailing out in large numbers (billions of dollars in outflows). At the same time, index funds actually had a net inflow of investor dollars. Perhaps...
by jsnbrnd
Mon Jul 18, 2011 12:10 am
Forum: Investing - Theory, News & General
Topic: Bogleheads' greeting needed
Replies: 29
Views: 3559

Re: Bogleheads' greeting needed

Every time I am at a public place such as a market or plane or anywhere else u can think of, I am usually trying to read people as much as I can. Demeanor, motion, attitude, clothing, what people buy, etc all say things about people. But I can never tell if someone is a boglehead. I am sure I have ...
by jsnbrnd
Fri Jul 15, 2011 9:39 pm
Forum: Investing - Theory, News & General
Topic: Research on quality of mortgage bonds in Vanguard funds?
Replies: 16
Views: 1851

Re: Research on quality of mortgage bonds in Vanguard funds?

I'd like to research the quality of the mortgage bonds (and the asset backed, for that matter) but the M* data does not have details on bond holdings like they do for stocks where the X-ray will tell you exactly what stocks are in a fund. Vanguard Short-Term Investment-Grade Adm VFSUX Buys Shorter ...
by jsnbrnd
Fri Jul 15, 2011 9:29 pm
Forum: Investing - Theory, News & General
Topic: Deleted
Replies: 107
Views: 19924

Re: Disadvantages to being a Boglehead

letsgobobby wrote:

5. my wife no longer complains about how much time I spend managing our portfolio, but now complains about how much time I spend on Bogleheads.
Shut up and spend more time with your wife.
by jsnbrnd
Wed Jul 13, 2011 10:11 pm
Forum: Investing - Theory, News & General
Topic: No more paper savings bonds
Replies: 207
Views: 37169

Does anyone else remember buying Savings Bond Stamps at the Post Office in the 1950's? I remember going there with my mom and buying them. If I remember correctly the stamps were $.25 each. I believe when you got the stamp book full you had paid a total of $18.75, which you then turned in for a $25...
by jsnbrnd
Wed Jul 13, 2011 9:51 pm
Forum: Investing - Theory, News & General
Topic: TIPS/I-Bonds Warning
Replies: 21
Views: 4290

Re: tipswatcher

larryswedroe wrote:My point is that what you are trying to hedge is not inflation per se, but cost of living and the chain weighted CPI is more accurate reflection of that, at least IMO.
What the chain-weighted CPI does is CONTINUALLY change the rules, making it a ridiculous excuse for an indicator of anything.
by jsnbrnd
Wed Jul 06, 2011 9:27 pm
Forum: Investing - Theory, News & General
Topic: MSNBC: Dow will fall to 7000
Replies: 25
Views: 6019

Re: MSNBC: Dow will fall to 7000

Here's the latest "doom and gloom" article. What surprises me most about this article is that utter certainty expressed by the author: "S&P 500 earnings...will start to decline soon," "China's economy will slow considerably," "Greece will go under," etc. ...
by jsnbrnd
Sat Jul 02, 2011 10:04 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger: Get A Life! [Poll]
Replies: 11
Views: 2662

I am retired. People sometimes ask me what I do all day. I am somewhat embarrassed to say that I spend all day at bogleheads.org. I answered "yes." I am not normal; I need a life. If I were not embarrassed to spend all day here, I would have answered "no," but I would still not ...
by jsnbrnd
Fri Jun 24, 2011 11:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: "Ignore All Forecasters."
Replies: 17
Views: 3839

Re: Market forecasters.

Taylor Larimore wrote:Bogleheads:

In my opinion there are two kinds of market forecasters:

1. Those who don't know, but think they do know.

2. Those who don't know, know they don't know, but pretend they do know.
And in both cases, they want to be paid for it.
by jsnbrnd
Tue Jun 14, 2011 10:33 pm
Forum: Investing - Theory, News & General
Topic: Article: Fears of rich and super-rich
Replies: 63
Views: 8367

FedGuy wrote:I haven't read the article yet, but I kind of enjoyed the names they gave in your quote to the various groups: "Mass Affluent," "Millionaire," and "Ultra High Net Worth." I wish they'd given a name for the final group.
Filthy rich.