Search found 4729 matches

by JoMoney
Thu Apr 19, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 23
Views: 1782

Re: Lack of FDIC Insurance a big deal?

am wrote:
Thu Apr 19, 2018 1:10 pm
Did mm accounts exist during the Great Depression? If so, what happened?
No... and there is a difference between a money market "account" and a money market "fund".
A mm "account" is more likely to be at a bank, and be FDIC insured.
by JoMoney
Thu Apr 19, 2018 2:10 am
Forum: Investing - Theory, News & General
Topic: 2 Quick Questions
Replies: 9
Views: 859

Re: 2 Quick Questions

You might find this ETF overlap tool useful as well, shows weighting of overlapping stocks
https://www.etfresearchcenter.com/tools ... XUS&f2=VSS
by JoMoney
Thu Apr 19, 2018 2:04 am
Forum: Investing - Theory, News & General
Topic: 2 Quick Questions
Replies: 9
Views: 859

Re: 2 Quick Questions

You could look up the "Quarterly Schedule of portfolio holdings" N-Q filings for each fund at the SEC EDGAR site
https://www.sec.gov/edgar/searchedgar/mutualsearch.html

But you may have to do some math on your own to convert it to a percentage rather than dollar amount of the funds holdings.
by JoMoney
Wed Apr 18, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6387
Views: 1369293

Re: U.S. stocks in freefall

While I don't believe in the EMH, it is impossible for you to know if you're getting a 'bad deal' unless you know what will happen to stocks in the future. Absent from this foreknowledge, stocks are always priced at what the market deems they should be. [/b] That is the EMH. By definition , stocks ...
by JoMoney
Wed Apr 18, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 23
Views: 1782

Re: Lack of FDIC Insurance a big deal?

In 40 years, IIRC, only 3 money market funds have broken the buck. Money was tied up for a few weeks as everything got figured out, everybody was paid 97+ cents on the dollar. With regard to the "Reserve Primary Fund", some of the money was released after "a few weeks" some of the money was tied up...
by JoMoney
Tue Apr 17, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Exclude Emerging Markets
Replies: 30
Views: 2940

Re: Larry Swedroe: Don’t Exclude Emerging Markets

I corrected the illustration to demonstrate another strategy.
Image
by JoMoney
Tue Apr 17, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 56
Views: 5157

Re: Cash instead of bonds?

As others mentioned, that is essentially the advice given by Warren Buffett. I invest that way (+ some Savings Bonds). ... but I'm not retired either, I might want a little more fixed income when I'm drawing on it (or maybe not if I'm collecting pension and social security, depending on how much of ...
by JoMoney
Tue Apr 17, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 116
Views: 7219

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

I'm assuming you are talking about retiring and living solely on $75K minus whatever income taxes apply. I realize that might not be the case, you don't say, but it's the more conservative assumption. I'd be cautious about it if it were me, but that's a highly personal thing. 50 years is a long tim...
by JoMoney
Mon Apr 16, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 116
Views: 7219

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Yes. $75,000 x 50years = $3,750,000 Starting with $3,000,000 you would need to earn less than 1% a year to guarantee you could do that. I haven't done the math, but from eyeballing current rates on TIPS I would bet you could get pretty close to guaranteeing $75,000 real/inflation adjusted with TIPS....
by JoMoney
Mon Apr 16, 2018 4:11 am
Forum: Investing - Theory, News & General
Topic: Any value investor buying a Russia fund?
Replies: 78
Views: 4116

Re: Any value investor buying a Russia fund?

“And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful” – 2004 Annual Shareholder Letter. https://www.investopedia.com/university/warren-buffett-biography/warren-buffett-most-influential-quo...
by JoMoney
Mon Apr 16, 2018 3:23 am
Forum: Personal Consumer Issues
Topic: How to delist a bogus Craigslist entry
Replies: 7
Views: 1256

Re: How to delist a bogus Craigslist entry

https://www.craigslist.org/about/help/abuse

Harassment, publication of personal information

If your personal information has been posted on craigslist, use our online form to report the issue.
by JoMoney
Sun Apr 15, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 86
Views: 9505

Re: We crush stock indexes, Yale claims

Maybe passive doesn't always beat active? At least for institutional investors... If you're looking at individual cases, it is absolutely the case that some active investors beat passive. Buffett himself is an example. It is also absolutely true that the aggregate of active investors can't beat the...
by JoMoney
Sat Apr 14, 2018 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 49
Views: 2691

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

Target date fund(s) don't match my "risk"/allocation preferences.
Slightly more expensive / no 'admiral class' shares
by JoMoney
Sat Apr 14, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: NAESX - is not really Small Cap?!
Replies: 36
Views: 2113

Re: NAESX - is not really Small Cap?!

FWIW, NAESX follows the CRSP US Small Cap Index, CRSP sets the 'breakpoint' for small-caps as the bottom 15% of the market http://www.crsp.com/files/breakpoints-chart-values_20180305.pdf Morningstar appears to define it as the bottom 10% https://admainnew.morningstar.com/directhelp/General/Market_Ca...
by JoMoney
Sat Apr 14, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: NAESX - is not really Small Cap?!
Replies: 36
Views: 2113

Re: NAESX - is not really Small Cap?!

RamblinDoc wrote:
Sat Apr 14, 2018 4:32 pm
...there is no Vanguard fund that tracks the S&P Small Cap 600 index.
There is, as mentioned above, but it's in ETF form (VIOO)
https://personal.vanguard.com/us/funds/ ... irect=true
by JoMoney
Sat Apr 14, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Underestimate Buyback Power
Replies: 12
Views: 2312

Re: Larry Swedroe: Don’t Underestimate Buyback Power

"Don't Underestimate" indeed... it's estimated that a large chunk of the >$2.5 trillion being held overseas might be repatriated thanks to the new tax policy.
by JoMoney
Fri Apr 13, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5537

Re: Could you support family on 1 income?

The answer to just about every economic question is "it depends..."
http://news.gallup.com/poll/166211/worl ... e-000.aspx
...The median annual household income worldwide is $9,733, and the median per-capita household income is $2,920 ...
by JoMoney
Fri Apr 13, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6387
Views: 1369293

Re: U.S. stocks in freefall

My guess is that it won't go much lower next week, primarily because my regular paycheck contribution will be going on and it feels like I'm always hitting the up-trends rather than the down. Also, there seems to be support on the S&P just above the $2,580 level, it's bounced off that area on down-...
by JoMoney
Fri Apr 13, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: vanguard notice - retiring our old investment platform
Replies: 50
Views: 5576

Re: vanguard notice - retiring our old investment platform

MrPotatoHead wrote:
Thu Apr 12, 2018 11:08 pm
.
OP, I'm curious, can you tell us if you currently have an old "Vanguard mutual fund only" account, or do you currently have an old-platform Vanguard Brokerage account (holding individual stocks/bonds, ETFs, and non-vanguard mutual funds) ?
by JoMoney
Fri Apr 13, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Why traditional IRA better than Roth IRA
Replies: 87
Views: 6637

Re: Why traditional IRA better than Roth IRA

Taxes could change in any number of ways. We could speculate all day about whether or not future tax law might in some way apply a tax to roth funds, or even change other taxes to make roth less desirable on a relative basis... what if we ended income tax and moved to a consumption/sales/VAT tax? Wh...
by JoMoney
Fri Apr 13, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Why traditional IRA better than Roth IRA
Replies: 87
Views: 6637

Re: Why traditional IRA better than Roth IRA

Everybody is different but some folks' IRA get so big when RMD hits them that makes them wish they had paid income taxes in their younger days and put that money in a Roth. TravelforFun For the sake of argument, I'll point out that seems like a wonderful situation to be in... relative to paying the...
by JoMoney
Fri Apr 13, 2018 12:54 am
Forum: Investing - Help with Personal Investments
Topic: Top 3?
Replies: 10
Views: 1568

Re: Top 3?

What do you mean by aggressive ? Vanguard Industrials has many defense/weapons manufacturers Vanguard Energy has fossil fuel companies Vanguard Health Care is filled with drug companies These are some are some Vanguard funds that are the most prolific traders turning over there portfolio looking for...
by JoMoney
Thu Apr 12, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Shorting the actively managed mutual fund market
Replies: 26
Views: 1858

Re: Shorting the actively managed mutual fund market

Maybe someone can offer a long-short fund like the 130/30 funds, but short stock picker strategies and leveraged long S&P 500.... and then charge 2% ER :twisted:

... and then offer that fund as an ETF so it can be sold short :P
by JoMoney
Thu Apr 12, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 153
Views: 8205

Re: Why are expected returns so much lower than historical returns?

" 10 Year Treasury Rate is at 2.80% ...This is lower than the long term average of 6.23%." Bonds are expensive today, more than twice the historical average. The return on bonds held to maturity is guaranteed. I would expect stocks are also priced relatively higher than there historical average. Sto...
by JoMoney
Thu Apr 12, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: Shorting the actively managed mutual fund market
Replies: 26
Views: 1858

Re: Shorting the actively managed mutual fund market

It's not possible to short a mutual fund. You could short the public stock of an active asset manager firm, but they're the ones collecting those high fees so it's not clear you want to do that and their stock is only loosely related to the performance of their funds and more to do with their marke...
by JoMoney
Thu Apr 12, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Questions about Benjamin Graham
Replies: 19
Views: 1599

Re: Questions about Benjamin Graham

... Passive Investing is based on the Efficient Market Hypothesis which is based on Fundamental Investment Theory ... That implies that for passive investing to work it's reliant on the EMH (it isn't). I think it's really the other way around, that because passive investing works, and because it's ...
by JoMoney
Thu Apr 12, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 48
Views: 3134

Re: How do I make sure IRS receives my manual tax return ?

https://ttlc.intuit.com/questions/2541641-how-to-check-the-status-of-a-mailed-paper-return-you-already-sent If you are expecting a refund you can check the IRS website Where's My Refund 4 weeks after mailing your return. http://www.irs.gov/Refunds If you are not expecting a refund tracking your ret...
by JoMoney
Thu Apr 12, 2018 7:46 am
Forum: Investing - Theory, News & General
Topic: Shorting the actively managed mutual fund market
Replies: 26
Views: 1858

Re: Shorting the actively managed mutual fund market

It would likely cost you more than the 1.5% they underperform by to borrow the shares so you could short them. If they paid a 2% dividend, it would cost you at least that much to be short. Edit: Looks like the aggregate of active managers aren't losing by as much as they used to, maybe only .50% to ...
by JoMoney
Thu Apr 12, 2018 4:00 am
Forum: Investing - Help with Personal Investments
Topic: As an expat with no US address, can I move my 401k?
Replies: 16
Views: 1266

Re: As an expat with no US address, can I move my 401k?

You're going to have a problem trying to do anything with a U.S. financial institution without a 'real' physical address in the US. The 'Patriot Act' and other regulations have made it very difficult without a real verifiable physical address in the U.S. ... technically you should be able to, but mo...
by JoMoney
Thu Apr 12, 2018 1:38 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4311

Re: Bull Market Timing

...I read the quote from Graham a more broadly. It’s less an attack on market timing than on putting ones faith in strategies that worked in the past. The last 30 years have been marvelous for those who dollar cost average, stayed the course, and never engaged in market timing — a bull market punct...
by JoMoney
Thu Apr 12, 2018 12:19 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4311

Re: Bull Market Timing

In The Intelligent Investor , Warren Buffett's mentor Ben Graham has a chapter titled: General Market Policy—Formula Timing He was writing it in the period before the early 1970s, and describes the problems people had for the prior 20 YEARS trying to time the market using formulas that would seem to...
by JoMoney
Wed Apr 11, 2018 2:44 am
Forum: Investing - Help with Personal Investments
Topic: Any aggressive index funds in your portfolio?
Replies: 35
Views: 3025

Re: Any aggressive index funds in your portfolio?

I don't, and I don't advocate tilting away from market-cap weighted broad-market index funds. From what I've read on this board, I would guess that very few people on here tilt towards the 'Growth' style of investing. The most vocal tilters on here seem to tilt towards the 'Value' style. Here's a gr...
by JoMoney
Wed Apr 11, 2018 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to invest in Vanguard Intermediate-Term Bond fund?
Replies: 17
Views: 2397

Re: Is it a good time to invest in Vanguard Intermediate-Term Bond fund?

If you're looking to invest in a portfolio of bonds that has a average duration of 6.4 years then, ... sure. This would be like buying a ladder of bonds going out 10 years. For me personally, that's too far out for the money I'm keeping 'safe'/'emergency'/'contingency fund', but I have a very small ...
by JoMoney
Mon Apr 09, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any simple strategies that can help us squeeze better returns?
Replies: 45
Views: 2924

Re: Are there any simple strategies that can help us squeeze better returns?

I won't say it's impossible that you find some trading strategy that manages to make something extra over other market participants, but it is impossible in aggregate for a majority to do it. The odds are against you. There is the option of leveraging up the portfolio through debt or derivatives, bu...
by JoMoney
Mon Apr 09, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Are we in bear territory?
Replies: 49
Views: 6062

Re: Are we in bear territory?

We are not in bear territory, but it is possible that we are entering Denial Territory. Good luck y gracias por leer / cfs p.s. You just don't want to be out of this market for ONE day ! 'Denial Territory' ? I think we're somewhere between 'Excitement' and 'Thrill' ... same relative position, just ...
by JoMoney
Mon Apr 09, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: "How cryptocurrency investors could find themselves behind bars"
Replies: 7
Views: 867

Re: "How cryptocurrency investors could find themselves behind bars"

In addition, even if cryptocurrency is deemed 'property' if it's held in a "foreign account" the account itself may require reporting even if disclosing whats held in the account is not. Well, you really shouldn't leave it on the exchange so once you withdraw it to your wallet then I don't think it...
by JoMoney
Mon Apr 09, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: "How cryptocurrency investors could find themselves behind bars"
Replies: 7
Views: 867

Re: "How cryptocurrency investors could find themselves behind bars"

The IRS guidance was that cryptocurrencies were considered property and not currency. By that logic, buying over $10,000 on a foreign exchange should be no difference than buying $10,000 of anything else overseas and the FBAR shouldn't apply. What's confusing, and the article seems to do more to co...
by JoMoney
Mon Apr 09, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: "How cryptocurrency investors could find themselves behind bars"
Replies: 7
Views: 867

Re: "How cryptocurrency investors could find themselves behind bars"

Interesting... that was a question I had posed in a thread awhile back https://www.bogleheads.org/forum/viewtopic.php?f=10&t=239601&start=50#p3784275 I think there might be some misunderstanding and importance in distinguishing between FBAR and Form 8938 though. Although related to the same issue, t...
by JoMoney
Mon Apr 09, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Easily digestible info/blog on finances for spouse?
Replies: 35
Views: 2342

Re: Easily digestible info/blog on finances for spouse?

It's not a blog, but I'm a big fan of Clark Howard. I used to listen to his radio show, but that's no longer convenient for me so I download and listen to it in podcast form, which is available on his website along with lots of other related content
https://clark.com/
by JoMoney
Mon Apr 09, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 8559

Re: Regrets of the frugal and dying?

(SARCASM) I think there's a Ben Franklin quote that relates, I think it goes like
"If you would not be forgotten as soon as you are dead," ...either buy something worth buying or do things that cost money...
(/SARCASM)
https://www.brainyquote.com/quotes/benj ... lin_143171
by JoMoney
Sun Apr 08, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 8559

Re: Regrets of the frugal and dying?

I had a relative, on his hospital deathbed, too weak to move, complaining about the costs and wanting to get moved out of the hospital. When it comes to frugal spending, the regrets I've personally had weren't because there was something I really wanted and never bought, it was that I waited too lon...
by JoMoney
Sun Apr 08, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: “Women-led companies perform 3x better than S&P 500”
Replies: 32
Views: 1953

Re: “Women-led companies perform 3x better than S&P 500”

I'm wondering what the implication is supposed to be from the methodology... I mean, it's not really talking about the Women-led companies increasing sales/revenues or efficiencies...
Is it suggesting that the stock market is over-pricing companies led by women and leading to a bubble ? :P
by JoMoney
Sun Apr 08, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: “Women-led companies perform 3x better than S&P 500”
Replies: 32
Views: 1953

Re: “Women-led companies perform 3x better than S&P 500”

How'a'bout this [ chart link ]... $10,000 invested in the "Russell 1000 Equal Weighted " in 2002 would have grown to $35,730.23 by the end of 2014 Whereas $10,000 invested in the S&P500 Price Return index (ignoring dividends) only grew to $17,933.39 That lousy $7,900 made on the S&P is less than 3x ...
by JoMoney
Sun Apr 08, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Blackrock: new portfolios which remove exposure to civilian firearms
Replies: 34
Views: 1767

Re: Blackrock: new portfolios which remove exposure to civilian firearms

Valuethinker wrote:
Sun Apr 08, 2018 12:59 pm
...I believe there are future plans to restrict investment in other companies that are fossil fuel producers.
There's a certain amount of irony in that given the source of the contributions to the fund is from Norwegian petroleum.
by JoMoney
Sun Apr 08, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Where to hold ~500K cash
Replies: 25
Views: 3189

Re: Where to hold ~500K cash

Huh... neat... apparently if your bank allows for POD and trust account you could actually setup a situation that is FDIC insured to more than $500,000 https://www.fdic.gov/deposit/deposits/faq.html Q: Can I have more than $250,000 of deposit insurance coverage at one FDIC-insured bank? A: Yes. The ...
by JoMoney
Sun Apr 08, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’
Replies: 88
Views: 12222

Re: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

...how can anyone who does not buy the EMT hook line and sinker not believe that at a high enough P/E ratios, one should not “stay the course? High P/E ratios are not the omen some think they are. On Jan 1, 2009 the S&P index had a P/E of 70.91 ... the market has done exceedingly well since then de...
by JoMoney
Sun Apr 08, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’
Replies: 88
Views: 12222

Re: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

...how can anyone who does not buy the EMT hook line and sinker not believe that at a high enough P/E ratios, one should not “stay the course? High P/E ratios are not the omen some think they are. On Jan 1, 2009 the S&P index had a P/E of 70.91 ... the market has done exceedingly well since then de...
by JoMoney
Sun Apr 08, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 10028

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

1) Again a very US centric view. International also includes Europe, where you have similar rights as in the US (and even better consumer and investor protection). Yes, my 'view' is as a U.S. person (although I don't currently live in the U.S.) . No, as a U.S. citizen I don't have the same rights a...
by JoMoney
Sun Apr 08, 2018 12:15 am
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 68
Views: 3981

Re: If you want an actively managed fund, which one would you use?

Personally, I would look for a fund that is 'index like' following a more consistent methodology selecting securities that don't seem unusual or to be taking outsized risks. I think a Wellington fund would be more likely to fit that bill. ...but I have the option to pick an index fund, which I'm mor...