Search found 5491 matches

by JoMoney
Fri Sep 21, 2018 3:37 am
Forum: Personal Consumer Issues
Topic: Does your Capital One 360 reimburse international ATM?
Replies: 15
Views: 506

Re: Does your Capital One 360 reimburse international ATM?

... I know that Capital One 360 checking account doesn't charge ATM fees on it's end, even for using another bank's ATM. But it was my understanding that they didn't reimburse any fees charged by the other bank. But recently I read that they do reimburse ATM fees up to $15 per month. ... Where did ...
by JoMoney
Fri Sep 21, 2018 2:13 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 257
Views: 24339

Re: U.S. stocks continue to soar!

Well yes, 1982 through 2012 was a bull market in bonds that was huge. As I recall, long treasuries actually had a slightly better performance than the stock market itself over that time period. There was also a tremendous bull market in stocks from 1984-1999. That is one heck of a wind at the back ...
by JoMoney
Thu Sep 20, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Im going to die somewhere between Bankruptcy and $20 million
Replies: 17
Views: 2755

Re: Im going to die somewhere between Bankruptcy and $20 million

Most Monte Carlo simulations are essentially randomizing and replaying past results as if those were the possible future outcomes. Unfortunately, the range of future outcomes is not limited to whats happened in the past, so it's problematic. It's a probability axiom that if you cannot precisely defi...
by JoMoney
Thu Sep 20, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond or Total Bond/short-term
Replies: 47
Views: 4336

Re: Total Bond or Total Bond/short-term

... I'm not saying this is for everyone but it is a simple, safe strategy that fits our current times well. I'm glad it's working for you. It works for many people. Nobody said there was anything wrong with it, but comparing a 5 year CD that you bought 4 years ago is not a valid comparison with som...
by JoMoney
Thu Sep 20, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: When or is an index to big?
Replies: 4
Views: 501

Re: When or is an index to big?

So far, broad market index funds have gotten better at tracking their index as the funds have gotten larger. There are efficiencies that scale up with being able to match buy/sell requests internally and cross-trade stocks between funds within the same group. It is entirely possible, and has occurre...
by JoMoney
Thu Sep 20, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 14
Views: 2315

Re: Puerto Rico as legal tax Haven?

finite_difference wrote:
Thu Sep 20, 2018 5:42 pm
...
Seems like a pretty crappy tax haven unless you have a lot of capital gains.
It's good for traders, and for businesses that legitimately want to move operations to PR and employ people and improve the economy there (which was the intent of the policy).
by JoMoney
Thu Sep 20, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond or Total Bond/short-term
Replies: 47
Views: 4336

Re: Total Bond or Total Bond/short-term

... I'm sorry if this is off topic but why not consider a Cd ladder instead of a short-term bond ladder or fund? You get zero interest rate risk and the yield is higher than ST bonds or funds (currently, >3% on 4 year CD is widely available). Nowadays, you can purchase CDs with minimal early withdr...
by JoMoney
Thu Sep 20, 2018 1:42 am
Forum: Personal Finance (Not Investing)
Topic: social security disability
Replies: 13
Views: 990

Re: social security disability

... 2. Has anyone succussfully applied for Federal disability benefits. I know my other brother who died of pancreatic cancer applied and was denied. I was told by someone that the Government basically rubberstamps no on the first application. Do you think hiring a disability attorney to help navig...
by JoMoney
Wed Sep 19, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: Do Postal Regulations Allow Me to Learn the Identity of the Holder of a POB?
Replies: 6
Views: 891

Re: Do Postal Regulations Allow Me to Learn the Identity of the Holder of a POB?

Maybe if you're serving someone for legal actions: https://about.usps.com/handbooks/as353/as353c5_002.htm 5-2 Requests for Employee or Customer Information ... d. Customer Names and Addresses. The procedures related to the disclosure of customer names and addresses are as follows (see also 39 CFR 26...
by JoMoney
Wed Sep 19, 2018 11:27 pm
Forum: Investing - Theory, News & General
Topic: Why are there so few long-term investors?
Replies: 18
Views: 2621

Re: Why are there so few long-term investors?

southpaw328 wrote:
Wed Sep 19, 2018 9:58 pm
greg24 wrote:
Wed Sep 19, 2018 10:36 am
Animal spirits.
What does this mean? I started listening to the "Animal Spirits" podcast recently, I really like it.
It's a term used by John Maynard Keynes to characterize human behavior in the markets
https://en.wikipedia.org/wiki/Animal_spirits_(Keynes)
by JoMoney
Wed Sep 19, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: Why should bond duration = investment horizon?
Replies: 44
Views: 2152

Re: Why should bond duration = investment horizon?

I think the numbers that portray that are based on prior coupons that were much higher than today. And more recently a downward trend in interest rates. Having some concern for rate levels, going long when rates are high for example, should increase returns. Going long any time would not increase r...
by JoMoney
Wed Sep 19, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Why should bond duration = investment horizon?
Replies: 44
Views: 2152

Re: Why should bond duration = investment horizon?

Personally, I want my bond fund duration to match the duration of a bond ladder I'd be willing to hold. If I was willing to hold a bond ladder going out 1,2,3,4, and 5 years, the average duration of such a portfolio would be about 3 years. Theoretically, it shouldn't make any difference between hold...
by JoMoney
Wed Sep 19, 2018 7:11 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 50
Views: 1758

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

Real estate business is extremely local as is inflation so I’m not sure what good the generalization is. A generalization I know is real and have observed is that real estate can and does allow average people to retire sooner than stock market investing with more effort up front. The real estate ma...
by JoMoney
Wed Sep 19, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 93
Views: 4916

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

I would think the macro liquidity on any ETF tracking an index that offers options and futures would be pretty darn good. Tremendous opportunity for arbitrageurs to ensure the gap doesn't get too wide ... but on a micro scale for individual investors, not trading round lots, buying/selling a few odd...
by JoMoney
Wed Sep 19, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 50
Views: 1758

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

The easiest way answer your question is to use the SEC Yield for a passive REIT like Schwab's US REIT ETF™ (SCHH) with a SEC Yield = 3.42%. But that does not include the compensation of all those people running the REIT. Is your "business" going to be more efficient than an average REIT? "Efficient...
by JoMoney
Wed Sep 19, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 50
Views: 1758

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

... You need to be careful when looking at numbers like that. There will be exceptions of course but most houses from 1890 were torn down long ago or are pretty decrepit now. Below that, I explicitly said, ..." This also ignores rental income (or imputed rent if you get the value of living in the h...
by JoMoney
Wed Sep 19, 2018 5:23 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 50
Views: 1758

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

Real estate itself, viewed broadly (in aggregate, ignoring individual local specific growth/declines), has for the most part matched inflation. https://z822j1x8tde3wuovlgo7ue15-wpengine.netdna-ssl.com/wp-content/uploads/2012/12/housing.png This also ignores rental income (or imputed rent if you get ...
by JoMoney
Wed Sep 19, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 14
Views: 2315

Re: Puerto Rico as legal tax Haven?

If you're earning the money in Puerto Rico maybe... if you're earning money from elsewhere in the U.S. (i.e. from stocks, bonds, retirement account ... a decent job) then you've got income taxable to the Feds.
by JoMoney
Wed Sep 19, 2018 12:34 am
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 4279

Re: Bonds. Why? (vs. cds)

If we can assume that US interest rates are going to keep going up slowly through the next few years, why is better to invest in Bonds, vs. just investing in a CD ladder? Do Bonds Yield more than CDs? Ally has 2.5% CDs for a one year period, for instance (for a 25K minimum). CD's are fine, but sinc...
by JoMoney
Tue Sep 18, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review, Age 31, $1.5 million net worth
Replies: 38
Views: 8173

Re: Portfolio Review, Age 31, $1.5 million net worth

My company is planning on adding after tax 401k contributions in 6 months which I will look into and likely take advantage of. Surprised no one has brought this up yet, but after tax 401k contributions are usually only a good idea if your plan also allows in service rollovers, allowing you to take ...
by JoMoney
Tue Sep 18, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review, Age 31, $1.5 million net worth
Replies: 38
Views: 8173

Re: Portfolio Review, Age 31, $1.5 million net worth

My company is planning on adding after tax 401k contributions in 6 months which I will look into and likely take advantage of. Surprised no one has brought this up yet, but after tax 401k contributions are usually only a good idea if your plan also allows in service rollovers, allowing you to take ...
by JoMoney
Mon Sep 17, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6628

Re: Is there such thing as saving TOO much?

I save a lot (>50% of income). I'm also pretty thrifty, and generally appreciate that more than showy spending. I think there is a point where someone is saving TOO much, but might be difficult to pinpoint where the line is. As a group, we know there is a problem in a economy of individuals known as...
by JoMoney
Mon Sep 17, 2018 12:51 am
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6456

Re: Why do we expect TSM to keep growing?

What exactly is the purpose of this thread? Is somebody here thinking of getting out of the market because they don't expect it to keep growing? Well, it is not useless to try understand where stockholders profits come from. That is useful information, for instance, when one has to decide whether t...
by JoMoney
Mon Sep 17, 2018 12:45 am
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6456

Re: Why do we expect TSM to keep growing?

A global SHTF black Swan event such as a massive meteor strike or a global epidemic killing 1/3 of the Earth’s population could do it. GOLD!!! Ironically perhaps, some theories suggest gold came from meteors , what a bad day that would be, that a strategic store of gold in the event of a meteor str...
by JoMoney
Sun Sep 16, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3745

Re: What if: *Everything* in S&P?

Being that so much of your taxable stores are in VFIAX, how often are you compelled to check your balance just out of curiosity / peace of mind? ... I login regularly, checking the balance isn't the draw (I can guesstimate the balance close enough based on news tickers on TV). I verify my payroll d...
by JoMoney
Sun Sep 16, 2018 7:21 pm
Forum: Personal Consumer Issues
Topic: Virtual credit card for travel reservations: advice needed
Replies: 7
Views: 303

Re: Virtual credit card for travel reservations: advice needed

8foot7 wrote:
Sun Sep 16, 2018 7:19 pm
...
Asian carriers are notorious for requiring the credit card used for payment to be presented at check-in. Don’t be fooled
That could be the difference. My experience is limited to U.S. carriers and QANTAS
by JoMoney
Sun Sep 16, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Virtual credit card for travel reservations: advice needed
Replies: 7
Views: 303

Re: Virtual credit card for travel reservations: advice needed

Several times I've had airline tickets paid by a corporate credit card, then used a different personal credit card as ID to get my tickets at the carry-on only check-in kiosk without any issues. They usually don't even require a credit card at the airport, they just want some form of ID, drivers lic...
by JoMoney
Sun Sep 16, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Virtual credit card for travel reservations: advice needed
Replies: 7
Views: 303

Re: Virtual credit card for travel reservations: advice needed

Can't speak to the "virtual" card number, but I have frequently reserved hotel rooms with one credit card and presented/paid with a different one in person. It's never been a problem. I don't recall them ever asking to see the specific card I used for the reservation, only for a card, they usually l...
by JoMoney
Sun Sep 16, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3745

Re: What if: *Everything* in S&P?

That's pretty close to what I do, except I have a few percent in cash / short-term bonds and my paycheck covers most all my expenses (which I try to keep to a cash-back credit card). I don't use " SPY ", but Vanguard's VFIAX in personal accounts, and an even lower cost S&P 500 CIT in 401k. I don't c...
by JoMoney
Sun Sep 16, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: What are the "best" factors?
Replies: 19
Views: 1123

Re: What are the "best" factors?

"Factor" investing is a pipe-dream that there is some persistent way to pick stocks that will outperform others. It's an interesting, maybe useful, way to deconstruct and attribute performance in retrospect to some sort of common thematic, but the idea that stocks fitting that profile will somehow o...
by JoMoney
Sun Sep 16, 2018 5:44 am
Forum: Personal Consumer Issues
Topic: Portable Music
Replies: 12
Views: 790

Re: Portable Music

Search Amazon.com for "clip on MP3 player"
by JoMoney
Sat Sep 15, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5332

Re: Employer won't Match 401k. Why?

... The 401K at 59 seems painfully far off even to me. Social Security isn't even on the horizon for me at 30+ years off... Off topic, but FWIW a 401k can have early distributions (if the plan allows for it), and without penalty if following 72(t) " Substantially Equal Periodic Payments " rules tha...
by JoMoney
Sat Sep 15, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5332

Re: Employer won't Match 401k. Why?

We would just be guessing as to why, the employer is the only one that knows. One guess might be they don't provide any matching because they're afraid of having their contributions running afoul of rules against top-heavy 401k plans where only key employees that are highly compensated make up the m...
by JoMoney
Sat Sep 15, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: DOW [Closing price on Sep 14, 2018]
Replies: 15
Views: 2622

Re: DOW

It will happen. I wouldn't bet on a time frame, if I was willing to do that the options market makes that possible.
by JoMoney
Sat Sep 15, 2018 6:21 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3850

Re: The Boglehead is anti-entrepreneur?

Maybe, but I tend to think someone with the right motivations isn't going to get talked out their aspirations by an Internet message board. On another note, what do you think the percentage of successful entrepreneurs is relative to the ones that try and fail? I hope there are many out there who sen...
by JoMoney
Fri Sep 14, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond or Total Bond/short-term
Replies: 47
Views: 4336

Re: Total Bond or Total Bond/short-term

Personally, I'm only using short-term bond funds because when I look at bond funds I would want the fund to roughly match what a ladder of individual bonds I might be willing to hold to maturity would look like. If I would hold a ladder of bonds maturing in 1,2,3,4, and 5 years out it gets me an ave...
by JoMoney
Fri Sep 14, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy
Replies: 34
Views: 3528

Re: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy

Anxious to see what these funds look like once they've been in operation for a bit. I wonder how much security lending income will got back to the fund, how much they utilize derivatives to synthesize holding stocks, and how much is spent in brokerage/transaction fees (which are not included in ER c...
by JoMoney
Fri Sep 14, 2018 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Any issue with overpaying taxes?
Replies: 23
Views: 1601

Re: Any issue with overpaying taxes?

Thesaints wrote:
Fri Sep 14, 2018 6:29 pm
...
I don't think the OP is planning to ask for a refund.
Ahh.. :oops: that's what I get for responding to the title without delving into the context.
by JoMoney
Fri Sep 14, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Any issue with overpaying taxes?
Replies: 23
Views: 1601

Re: Any issue with overpaying taxes?

One of the issues with overpaying taxes, is fraudulent tax filings claiming refunds have become a real problem. If you become a victim of this, it means the extra money you let the government hold onto could be locked up even longer as you dispute the fraudulent claim and try to fight and get your m...
by JoMoney
Fri Sep 14, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 57
Views: 5437

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

I for one am glad it's on podbean. I like being able to download the file directly without having to go through an app like some of the others out there do.
by JoMoney
Fri Sep 14, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?
Replies: 22
Views: 3041

Re: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus mo

do they change ATM card fees Vanguard doesn't charge ATM fees, but most ATM operators will charge a fee if you use a card outside of their network. Vanguard's ATM uses PNC Bank and is free on PNC ATM's, which is limited and not available out west / left coast. You can often bypass ATM fees by getti...
by JoMoney
Thu Sep 13, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2919

Re: Isn't cap weighting less diversified than equal weighting?

KyleAAA wrote:
Thu Sep 13, 2018 6:13 pm
Maybe in the sense that it would tend to have small and value factor tilts. But it would probably have negative quality factor exposure.
In a "factor" paradigm, equal weighting would likely have negative momentum as well.
by JoMoney
Thu Sep 13, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2919

Re: Isn't cap weighting less diversified than equal weighting?

"Diversification" is subjective. Ultimately the debate is semantic. I am not sure there is an argument on either side. Setting aside the diversification question, market cap is consistent with efficient markets. You are weighting shares of companies according to their market value. Equal weighting ...
by JoMoney
Thu Sep 13, 2018 2:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Assets Held In Street Name
Replies: 52
Views: 1356

Re: Vanguard Brokerage Assets Held In Street Name

Not clear what you're looking for, but I thought I should point out that while you may own a mutual fund held with VBS The stocks within the mutual fund are not held by VBS but with third-party custodians as listed in the funds SAI For example: https://personal.vanguard.com/pub/Pdf/sai040.pdf?221014...
by JoMoney
Wed Sep 12, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: Mother, can I trust the stock market?
Replies: 19
Views: 2257

Re: Mother, can I trust the stock market?

Mistakes happen, but tracking of securities like stocks is pretty darn good. We don't have bearer bonds anymore. If you want some gruesome stories look into title disputes on land.
by JoMoney
Wed Sep 12, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2050

Re: 401k "advice" to my associates

To each there own. If a majority viewed common consumption habits as grossly as I do, we would probably be in a economic depression.
by JoMoney
Wed Sep 12, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2919

Re: Isn't cap weighting less diversified than equal weighting?

Cap weighting weights the stronger less risky stocks heavier than riskier stocks. In aggregate a broad market cap-weighted index holds the markets aggregate level of "risk". Weighting in another fashion would change the level of risk, equal weighting would hold more of the smaller riskier stocks, th...
by JoMoney
Wed Sep 12, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes in retirement too good to be true?
Replies: 23
Views: 4335

Re: Taxes in retirement too good to be true?

The problem with this scenario is you are assuming a taxable account. Most people will have the majority of funds in an IRA ir 401k. Then you have to think about rmds, Roth conversions, etc This scenario is why, in my opinion, the USA should increase taxes on capital gains and decrease taxes on mid...
by JoMoney
Wed Sep 12, 2018 4:11 am
Forum: Personal Consumer Issues
Topic: Vanguard electronic bank transfers
Replies: 22
Views: 2032

Re: Vanguard electronic bank transfers

A long time back, in my Pre-Vanguard Brokerage Upgrade, Mutual Fund Only account, I used to have check writing enabled on my short-term bond fund. I used it a couple times, it was a seemingly nice convenience that wasn't that useful (and could make for some tax complications if you violated a wash s...
by JoMoney
Wed Sep 12, 2018 2:27 am
Forum: Investing - Theory, News & General
Topic: russell2000,1000 and S&P 500
Replies: 4
Views: 522

Re: russell2000,1000 and S&P 500

The Russell 3000 is the "FTSE Russell" family of indexes version of the "US Total Market". It can be split into the Russell 1000 (Large and Mid-Cap) and the Russell 2000 (Small-Caps). The Russell 1000 makes up about 90% of the "US Total market", and the Russell 2000 about 10%. The S&P 500 is an inde...