Search found 7051 matches

by JoMoney
Sat Jul 20, 2019 3:49 pm
Forum: Personal Investments
Topic: What tilt(s) have you adopted?
Replies: 11
Views: 612

Re: What tilt(s) have you adopted?

I use an S&P 500 index fund, which tilts towards the large-cap U.S. market
by JoMoney
Sat Jul 20, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: What is the optimal market movement if investing 20% of portfolio today?
Replies: 9
Views: 630

Re: What is the optimal market movement if investing 20% of portfolio today?

... what you would hope happens today is that earning reports are terrible and the DJIA drops 1000+ points. That way you get more shares for the same money compared to yesterday. (assuming you get your order in by 4 PM EST.) ... I don't think I would want terrible earnings reports. I wouldn't mind ...
by JoMoney
Sat Jul 20, 2019 9:23 am
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 102
Views: 4454

Re: Do you buy cellphone outright or pay over 2 years?

I'm currently using an Alcatel A50 5085G (android) that I bought on Amazon for $79.99 (it looks like it currently sells for $92) My carrier is a T-Mobile MVNO called "Speedtalk Mobile" For $99 a year ( prepaid ) I get unlimited texting, 500 minutes talk, and 1GB data each month... next year I might ...
by JoMoney
Sat Jul 20, 2019 8:24 am
Forum: Investing - Theory, News & General
Topic: Zero % down mortgages. Are we going to see 2008 again?
Replies: 27
Views: 2354

Re: Zero % down mortgages. Are we going to see 2008 again?

I wouldn't say it can't happen, but it's unlikely to be like 2008 with regard to the broad systemic meltdown... at least not any time soon. One of the missing pieces so far, that started in years prior to 2008, is the rapid rise in interest rates that put pressure on the investment banks ( TED sprea...
by JoMoney
Fri Jul 19, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 46
Views: 4517

Re: Bitcoin Talk

It is my theory that Bitcoin was created by a rogue AI that killed its human creator, adopted an anagram of his surname ("Satoshi") and is now currently in the early stage of introducing and influencing it - with an intermediate goal of controling 51+% of the world's financial markets, and a final,...
by JoMoney
Fri Jul 19, 2019 9:29 pm
Forum: Investing - Theory, News & General
Topic: Payments,Cash, and Saving $$ in Coffee Cans - Thoughts?
Replies: 8
Views: 850

Re: Payments,Cash, and Saving $$ in Coffee Cans - Thoughts?

As long as my coffee cans have coffee in them I'm alright, there are some mornings I would be extremely upset to find them filled with cash instead.
by JoMoney
Fri Jul 19, 2019 8:35 am
Forum: Investing - Theory, News & General
Topic: What is the optimal market movement if investing 20% of portfolio today?
Replies: 9
Views: 630

Re: What is the optimal market movement if investing 20% of portfolio today?

If I presume that todays price has no bearing on the value of the stock 10 years from now, I would want the price at the end of today to lower the average cost basis of the entire portfolio. If each downward leg has a explicit cost to the cumulative future outcome, I would want nothing but a long co...
by JoMoney
Thu Jul 18, 2019 9:19 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Asset Allocation and Market Collapse (2014)
Replies: 2
Views: 894

Re: Jack Bogle on Asset Allocation and Market Collapse (2014)

Mr. Bogle had lots of good advice. There are several other threads for the specific video you linked, here are a few: https://www.bogleheads.org/forum/viewtopic.php?t=147901 https://www.bogleheads.org/forum/viewtopic.php?t=174933 https://www.bogleheads.org/forum/viewtopic.php?t=151744 https://www.bo...
by JoMoney
Thu Jul 18, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: Anyone knows what happened to HedgeFundie's excellent adventure thread?
Replies: 3
Views: 857

Re: Anyone knows what happened to HedgeFundie's excellent adventure thread?

I didn't have any problems finding this:
viewtopic.php?t=272007
When I did a simple search with the title you provided.
:confused
by JoMoney
Thu Jul 18, 2019 8:36 pm
Forum: Personal Investments
Topic: Gold?
Replies: 79
Views: 3303

Re: Gold?

... “I know gold sounds like a kooky investment. But gold is just an alternative currency to fiat paper currencies. If your portfolio is likely to perform poorly in the adverse environment I’ve been describing—less effective monetary policy, the need to run larger fiscal deficits and monetize them,...
by JoMoney
Thu Jul 18, 2019 8:24 am
Forum: Personal Finance (Not Investing)
Topic: 1 million in liquid assets or paid off mortgage by 40?
Replies: 60
Views: 5303

Re: 1 million in liquid assets or paid off mortgage by 40?

If I had school age children I could imagine a bigger draw to settle in to a house, but personally, I have very little desire to "own" a home. Not owning a home has made it easier to move and take advantage of different employment (and housing) opportunities. It's also freed me from some of the unex...
by JoMoney
Wed Jul 17, 2019 11:06 pm
Forum: Personal Investments
Topic: How exactly does maxing a 401k work when you're approaching the limit line?
Replies: 27
Views: 2018

Re: How exactly does maxing a 401k work when you're approaching the limit line?

In my companies 401k plan, also at Fidelity, I have to decide what happens once I reach the pre-tax limit. Under contributions, there's something called "Spillover Election" And I have options to choose either: Temporarily stop my elective contributions when I reach the limit. Temporarily stop my el...
by JoMoney
Tue Jul 16, 2019 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Lemonade Insurance
Replies: 6
Views: 1889

Re: Lemonade Insurance

I use Lemonade for my renters insurance. I did not know Lemonade offered auto insurance. I don't see it as an option on their web page.
As far as my renters insurance goes, it was the cheapest rate I could find for the coverage my landlord required.
by JoMoney
Mon Jul 15, 2019 9:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

... I don't know how closely correlated I should expect stock values and labor participating rates to be, but right now, they look almost inversely correlated. In the U.S. the predominate monetary policy is set by the Federal Reserve, which has a mandate (set by congress) to maximize employment (al...
by JoMoney
Mon Jul 15, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 73
Views: 6298

Re: Will you buy Total Bond with a negative yield?

What a lot of bogleheads don't understand, is that US treasuries, and even some of the US corporate bonds in total bond, are lower yielding for a US dollar investor than these negative issues denominated in euros or yen that people are talking about So in that regard, you are already buying some of...
by JoMoney
Mon Jul 15, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 73
Views: 6298

Re: Will you buy Total Bond with a negative yield?

What a lot of bogleheads don't understand, is that US treasuries, and even some of the US corporate bonds in total bond, are lower yielding for a US dollar investor than these negative issues denominated in euros or yen that people are talking about So in that regard, you are already buying some of...
by JoMoney
Mon Jul 15, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: Does factor investing only work if you rebalance?
Replies: 14
Views: 899

Re: Does factor investing only work if you rebalance?

... Would a lot of that return simply be taking advantage of relative volatility by rebalancing regularly to capture reversion to the mean?.. Doubtful. Especially in terms of being " a lot ". Since the returns are mostly correlated with other stocks, even if there is a "rebalancing bonus" it would ...
by JoMoney
Mon Jul 15, 2019 8:02 am
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 73
Views: 6298

Re: Will you buy Total Bond with a negative yield?

On a whim I decided to take a look at the holdings of Vanguard's Total International Bond Index fund... https://investor.vanguard.com/mutual-funds/profile/portfolio/VTABX/portfolio-holdings While I didn't see anything listed as having a negative coupon, I did notice quite a bit in bonds with a 0.000...
by JoMoney
Mon Jul 15, 2019 7:47 am
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 73
Views: 6298

Re: Will you buy Total Bond with a negative yield?

Unless I was some sort of bank required to hold bonds, I couldn't imagine owning a negative yield bond.
Although, I would relish the idea of having a mortgage that paid me to be in "debt".
by JoMoney
Sun Jul 14, 2019 10:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

... People have to work multiple jobs, without insurance, to make ends meet. Wages have been stagnant for decades. The rich keep getting richer and the middle class keeps getting poorer. Or rather, they are disappearing. https://fred.stlouisfed.org/graph/fredgraph.png?g=mfUw https://www.cdc.gov/nch...
by JoMoney
Sun Jul 14, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: Should I knowingly buy a fake antique?
Replies: 26
Views: 2485

Re: Should I knowingly buy a fake antique?

I don't know enough about the situation to know if the seller is lying or just doesn't know. If I thought they were intentionally trying to scam me, I wouldn't do any business with them. On ebay, where you're buying something without being able to physically look it over, and have to rely on the sel...
by JoMoney
Sat Jul 13, 2019 10:41 pm
Forum: Personal Investments
Topic: Canada as an EM substitute
Replies: 11
Views: 901

Re: Canada as an EM substitute

I'm not sure what the need for EM is to begin with, let alone why you would need a "substitute" for it. I'm sympathetic with your concerns about the makeup of some EM stocks. I imagine the risk profile of Canadian stocks is a lot different than many EM countries. If you want to own Canadian stocks, ...
by JoMoney
Sat Jul 13, 2019 2:08 pm
Forum: Personal Consumer Issues
Topic: Safe DIY Spider Control
Replies: 16
Views: 664

Re: Safe DIY Spider Control

I'm really not sure how it would impact your siding or plants (because it might kill other helpful bugs), but I've found diatomaceous earth works great to kill off most any bug that finds its way inside and is completely safe for people/pets.
by JoMoney
Sat Jul 13, 2019 11:22 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

While the market is up ~20% YTD and it might feel like a never ending rally, since October 2018, the S&P is up just 3%. Perspective :beer Considering the rocky road that followed, returns since October 2007 have been pretty decent. I can't help but think of the advice offered by Warren Buffett. His...
by JoMoney
Sat Jul 13, 2019 10:53 am
Forum: Investing - Theory, News & General
Topic: Five Nobel Laureates Recommend The Market Portfolio
Replies: 58
Views: 6293

Re: Five Nobel Laureates Recommend The Market Portfolio

..Even under the relatively untenable assumptions required to say something like "the market portfolio is the most efficient portfolio"... For EMH and portfolio theory believers, I don't know how they escape the idea that any/every portfolio on the "efficient frontier" is "efficient"... it just may...
by JoMoney
Sat Jul 13, 2019 10:31 am
Forum: Investing - Theory, News & General
Topic: Five Nobel Laureates Recommend The Market Portfolio
Replies: 58
Views: 6293

Re: Five Nobel Laureates Recommend The Market Portfolio

It all depends on how you define define "the market". The wheels start to fall off in these discussions when someone starts talking about some hypothetical universal market portfolio including any or everything someone can conceive of. I tend to think most people don't concern themselves with "the m...
by JoMoney
Sat Jul 13, 2019 1:23 am
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2004

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

There's a multitude of possible portfolios one could hold that will likely work out just fine (even if they don't track a market index). If you're going to take such a position though, I don't know what's to stop you from making other investment decisions based on how you feel the "social winds are ...
by JoMoney
Sat Jul 13, 2019 12:54 am
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2661

Re: What asset class is gold?

It's a durable good. ... I wish I could say I had a rational reason for buying gold. In reality, it will be cool to look at. Is that a BH reason to buy gold? I do need to write down an exit strategy in my IPS. Although buying gold wasn't in my IPS, so a lot of [deleted - moderator oldcomputerguy] go...
by JoMoney
Fri Jul 12, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Dividends Frequency: US vs International
Replies: 2
Views: 434

Re: Dividends Frequency: US vs International

Here's an old thread, https://www.bogleheads.org/forum/viewtopic.php?t=34509 that points to a research paper: "The More, the Merrier: An International Analysis of the Frequency of Dividend Payment" (2010 Ferris, Noronha, Unlu) That looks like it might have some information of use... At the moment, I...
by JoMoney
Fri Jul 12, 2019 7:46 am
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8060

RTM

26 years... Real world since factor fund inception... Small-Value no "premium" over Small-Blend...
Image

37+ years , Small no "premium" over S&P 500
Image
by JoMoney
Fri Jul 12, 2019 12:04 am
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20508

Re: Why factor investing isn't working

... Could it be that the equity premium has been arbitraged away? Why wouldn’t it, if we have efficient markets? Perhaps market's aren't as efficient at pricing "risk premiums" as some would hypothesize, leading to the "equity premium puzzle" which has puzzled them for some time. Maybe investors ha...
by JoMoney
Thu Jul 11, 2019 11:06 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20508

Re: Why factor investing isn't working

Fryxell wrote:
Thu Jul 11, 2019 10:50 pm
... assuming that efficient markets have not arbitraged away the equity premium...
D'oh :oops:
Image
by JoMoney
Thu Jul 11, 2019 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to Safely Share User IDs / Passwords with Spouse
Replies: 76
Views: 5236

Re: How to Safely Share User IDs / Passwords with Spouse

Here's an idea I like: Keep a numbered spreadsheet with all the online account names/numbers... no passwords just a list of accounts... Keep a offline written note on a numbered sheet with just passwords (no details other than the number which should correspond to the number on the account name list...
by JoMoney
Thu Jul 11, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20508

RTM

26 years... Real world since factor fund inception... Small-Value no "premium" over Small-Blend...
Image

37+ years , Small no "premium" over S&P 500
Image
by JoMoney
Wed Jul 10, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: Buffet says no to bonds - recommends equities and cash
Replies: 91
Views: 13914

Re: Buffet says no to bonds - recommends equities and cash

This article and thread are from 2013. What do you think of Warren Buffett's comments now, in hindsight? What is the current thinking on this subject? I had a comment in a different thread from relatively the same time period https://www.bogleheads.org/forum/viewtopic.php?f=10&t=129239#p1899513 ......
by JoMoney
Wed Jul 10, 2019 7:23 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 2981

Re: VOO vs bonds

... But bond return is also no guarantee... Well, a bond literally is a promise that they'll pay a certain return. Whether or not the companies "guarantee" is creditworthy is a concern, but to the extent that it is, you know precisely what the return will be over the specific time frame provided yo...
by JoMoney
Wed Jul 10, 2019 7:17 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 2981

Re: VOO vs bonds

Dividends on the S&P 500 have averaged a growth rate of 6% annualized for the past 30+ years. https://www.multpl.com/s-p-500-dividend-growth If we continue to have 6% growth + 2% yield on top of that, it's not hard to imagine beating a 4% bond... :happy Unfortunately, it's also not hard to imagine g...
by JoMoney
Wed Jul 10, 2019 8:37 am
Forum: Personal Investments
Topic: paper gold or physical gold?
Replies: 37
Views: 2171

Re: paper gold or physical gold?

... If the gov didn't tax gold and you could lend it and collect interest and individuals could demand to be paid wages in gold, etc it would be a no-brainer to hold instead of cash - but then it would be a currency!! A couple of great reads on this topic is Murray Rothbard's what has government do...
by JoMoney
Wed Jul 10, 2019 8:06 am
Forum: Personal Investments
Topic: Performance differentiations (VTSAX vs. VWNAX)
Replies: 12
Views: 756

Re: Performance differentiations (VTSAX vs. VWNAX)

A mutual fund is also called an " open-end fund " (as opposed to a closed end fund). The individual "share" price on a "open-end fund" is not relevant because there is no fixed number of shares over time. The fund can create new shares to represent new money inflows to the funds net asset value. Oth...
by JoMoney
Wed Jul 10, 2019 12:50 am
Forum: Investing - Theory, News & General
Topic: Do renters need more real estate exposure?
Replies: 23
Views: 1820

Re: Do renters need more real estate exposure?

While I see lots of figures bandied about, I still don't understand why any of that should influence some ones portfolio. Is someone arguing that more real estate exposure would increase returns or reducing risk? Maybe people need more utility exposure or energy or consumer staples...??? Also, I fee...
by JoMoney
Tue Jul 09, 2019 11:19 pm
Forum: Investing - Theory, News & General
Topic: Retiring Early Correlates with Greater Longevity ?
Replies: 47
Views: 4590

Re: Retiring Early Correlates with Greater Longevity ?

Check out this Sandia Labs story looking at their retirees in response to the ol' urban legend about Boeing early retirees living longer: (Page 12 in the below PDF ) https://www.sandia.gov/LabNews/LN11-16-01/labnews11-16-01.pdf ... the correlation between age at death and retirement age is not parti...
by JoMoney
Tue Jul 09, 2019 8:25 am
Forum: Personal Investments
Topic: paper gold or physical gold?
Replies: 37
Views: 2171

Re: paper gold or physical gold?

And I am looking at the best way to buy that insurance policy against failures in these unprecedented global monetary experiments. And trying to decide if that insurance policy should be physical gold, gold etf's, silver etf's, a active fund that combines gold/miners/silver (like GLDAX), etc... Wha...
by JoMoney
Tue Jul 09, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 17868

Re: Larry Swedroe: The Historical Imperative For International Diversification

keep posting stuff like that and you might actually explode someone's brain. i feel like its taken as a given these days that US outperforms because it just does. As I pointed out in another thread, this study is misleading because it ignores the fact that these 3 portfolios would have a different ...
by JoMoney
Tue Jul 09, 2019 7:59 am
Forum: Personal Investments
Topic: paper gold or physical gold?
Replies: 37
Views: 2171

Re: paper gold or physical gold?

There are lots of gold threads on here if you search. It's generally frowned up, but there are Bogleheads that do. Mr. Bogle wasn't a fan of it, but suggested if you do keep it under 5% https://youtu.be/KlhT07G8zGs?t=120 Physical gold has large transaction costs and spreads in what you can buy/sell ...
by JoMoney
Tue Jul 09, 2019 1:25 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 17868

Re: Larry Swedroe: The Historical Imperative For International Diversification

... For the sake of consistency, how are we evaluating international exposure? Is it owning stocks in companies that operate solely outside of the US? There isn't really any consistency... but arguments on this board tend to be generalized around whether or not a stock is included in a fund that's ...
by JoMoney
Mon Jul 08, 2019 11:20 pm
Forum: Personal Investments
Topic: VFIAX or VTSAX (among other questions)...
Replies: 13
Views: 1746

Re: VFIAX or VTSAX (among other questions)...

The S&P 500 by weight is roughly 80% of the U.S. "Total Market" and is probably the most widely referenced index representing the U.S. Market. Here's a chart of the past 40 years of the S&P 500 compared to two other "U.S. Total Market" indices. https://i.postimg.cc/JzWqS6GB/Market-Indices.png The WI...
by JoMoney
Mon Jul 08, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 17868

Re: Larry Swedroe: The Historical Imperative For International Diversification

For those in the "diversification is my nirvana" camp, are you global market cap weighted in bitcoin, gold, Venezuela bonds, commodities, etc.? If not, why not? I've asked a similar question of others before, and the answer is usually "I'm only interested in ownership in publicly traded companies."...
by JoMoney
Sun Jul 07, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 17868

Re: Larry Swedroe: The Historical Imperative For International Diversification

...Over the 41 years from 1970-2010 there was no benefit at all for only investing in US, and in fact there was a small penalty... This is the total return of the MSCI EAFE "Gross Return" index, that does not include the impact of foreign tax withholding that an investor or index fund would be subj...
by JoMoney
Sun Jul 07, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: Was the great bond bull market just plain bull?
Replies: 47
Views: 5151

Re: Was the great bond bull market just plain bull?

5. Being too conservative with your investing is a risk in of itself (not just 100k’s of bonds... but the most conservative ones money can buy). You will likely have less capital in the future, making its own potential problems should the market fall. others have commented on your other points. I'l...
by JoMoney
Sun Jul 07, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: U.S. savingsbonds.com
Replies: 16
Views: 1808

Re: U.s. savingsbonds.com

epictetus wrote:
Sun Jul 07, 2019 12:25 pm
is this where you mean?

https://www.treasurydirect.gov/
https://www.savingsbonds.gov/

is also valid ... but SavingsBonds ".com" is not... perhaps that's the issue