Search found 6555 matches

by JoMoney
Mon Jan 21, 2019 1:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total International Stock Index Fund
Replies: 11
Views: 1103

Re: Vanguard Total International Stock Index Fund

Some of the "international stocks" are traded on a U.S. exchange as ADR's A Total 'US' index would not include these in it's index. During periods that the U.S. market is open, but foreign markets are closed, it's likely that if the ETF was trading lower or higher the foreign market would open highe...
by JoMoney
Mon Jan 21, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: Federal Workers
Replies: 33
Views: 1426

Re: Federal Workers

Let them eat cake
by JoMoney
Mon Jan 21, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 556
Views: 60850

Re: U.S. stocks continue to soar!

DaftInvestor wrote:
Mon Jan 21, 2019 12:36 pm
Major indexes up over 1% so far today...and yet I see folks are updating the free-fall thread instead of this one :)
Huh? Market closed for the holiday (MLK Jr. day). Maybe you're looking at stale price from Friday?
Futures are trading, and down... https://www.investing.com/indices/indices-futures
by JoMoney
Mon Jan 21, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Federal Workers
Replies: 33
Views: 1426

Re: Federal Workers

02nz wrote:
Mon Jan 21, 2019 12:22 pm
... No one should have to show up for work and still not get paid...
I feel for the "essential" personnel, they'll all be paid eventually, but the "essential" ones will be working regardless while many of their deemed less "essential" cohorts will get paid while not having to work.
by JoMoney
Mon Jan 21, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: Federal Workers
Replies: 33
Views: 1426

Re: Federal Workers

I'm sure some of them have saved some "emergency funds".
Unfortunately, most Americans live paycheck to paycheck. Doubtful that "Federal Workers" are any less representative then others in the populous.

How is this affecting you in a way that might be actionable?
by JoMoney
Mon Jan 21, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Why brokers don’t support auto invest ETF, but can do it with dividends.
Replies: 16
Views: 1263

Re: Why brokers don’t support auto invest ETF, but can do it with dividends.

ShareBuilder used to support it, but they're gone now... I find it difficult to believe there aren't any other brokers out there that support automatic stock purchases... time to do some searching
by JoMoney
Mon Jan 21, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Survey - Total Cost of Insurance Policies
Replies: 24
Views: 1189

Re: Survey - Total Cost of Insurance Policies

eastlansingspartans wrote:
Sun Jan 20, 2019 3:14 pm
...
[*] Health: $42/mo.
...
That's incredible. I'm assuming this is ignoring an employers contribution?
by JoMoney
Sun Jan 20, 2019 3:41 pm
Forum: Investing - Theory, News & General
Topic: The Value "Premium" has been ZERO for 30 years
Replies: 61
Views: 4718

Re: The Value "Premium" has been ZERO for 30 years

As far as "Large-Value" goes, it's been negative for last 34 years
MStar Chart
by JoMoney
Sun Jan 20, 2019 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Any mutual fund or group of stocks which pay dividends
Replies: 10
Views: 833

Re: Any mutual fund or group of stocks which pay dividends

Yup... there are lots of dividend focused mutual funds. It's generally discouraged around here as being a misguided strategy, but as far as example funds go, two options that are both low-cost index options available at Vanguard would be: Vanguard High Dividend Yield Index Fund ( VHDYX ) or the ETF ...
by JoMoney
Sun Jan 20, 2019 6:52 am
Forum: Personal Consumer Issues
Topic: Cleaning up Facebook feed for elderly relative
Replies: 12
Views: 1942

Re: Cleaning up Facebook feed for elderly relative

It seems to me Facebook intentionally makes it difficult to get the content in the way you might desire (for me that would be a simple chronological view of only the people I'm connected to), and tries to motivate you to repeatedly visit and re-visit to get the occasional item of interest (that migh...
by JoMoney
Sun Jan 20, 2019 4:03 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5070

Re: Is California worth the premium?

^ One step beyond the homeless, is the problem with people living in the streets and their waste attracts rats and related pests, which brings things like the typhus outbreak https://www.nbclosangeles.com/news/local/Public-Health-Reports-Several-Cases-of-Typhus-495197621.html and people hypothesizin...
by JoMoney
Sun Jan 20, 2019 3:51 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5070

Re: Is California worth the premium?

... That is until your company transfers you from one county to another; then Prop 13 does you no good. Yup!!! That actually hits home with me... but there is the benefit of the "California Non-Resident Safe Harbor" so at least you don't owe any state income taxes for being tax-domiciled in Califor...
by JoMoney
Sun Jan 20, 2019 3:27 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5070

Re: Is California worth the premium?

FWIW, for longtime homeowners, Prop13 has given California property owners great property tax rates and incentives to stay. Unless you make more than an 'average' income, the state income tax blended rate is competitive with most other states... (that said, it's very discouraging to work harder to ...
by JoMoney
Sun Jan 20, 2019 2:17 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5070

Re: Is California worth the premium?

FWIW, for longtime homeowners, Prop13 has given California property owners great property tax rates and incentives to stay. Unless you make more than an 'average' income, the state income tax blended rate is competitive with most other states... (that said, it's very discouraging to work harder to m...
by JoMoney
Sun Jan 20, 2019 12:28 am
Forum: Investing - Theory, News & General
Topic: What active management stock funds would you own?
Replies: 79
Views: 4837

Re: What active management stock funds would you own?

If I picked an actively managed fund, I'd want it to be employing a strategy that I understood what was being done and what the risks were. I don't understand Primecap other than they have a team of stock pickers heavy in tech and healthcare and has tended to perform as well as those sectors have. I...
by JoMoney
Sun Jan 20, 2019 12:16 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5070

Re: Is California worth the premium?

I have family and friends in California, and until they decide to move, that makes it worth it. Santa Barbara is nice, if it's too pricey to be in the city proper you move to the North County (i.e. Lompoc) and deal with a 40 minute drive to the city and still have the ocean and mountains albeit in a...
by JoMoney
Sun Jan 20, 2019 12:06 am
Forum: Investing - Theory, News & General
Topic: Why is index investing better than other quantitative strategies?
Replies: 38
Views: 3507

Re: Why is index investing better than other quantitative strategies?

It's not, and won't be, better than every quantitative strategy, but it is provably better than the sum of all the quantitative strategies. Of the quantitative strategies out there, there are none publicly known to be consistently better, there are some occasional period specific times that a partic...
by JoMoney
Sat Jan 19, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2350

Re: Gold ETF "Guarantee"

... why should the central banks seek for 2% inflation? Wouldn't 0% inflation be better for everyone, except possibly except from a debt perspective? My supposition is that they seek to target inflation because they're so afraid of deflation. That's the reason they give https://www.federalreserve.g...
by JoMoney
Sat Jan 19, 2019 11:37 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2350

Re: Gold ETF "Guarantee"

...This is why a commodity based currency is so important instead of a fiat based currency. There would be no need for speculation if you were confident your cash would hold value over time. There should be no need to have faith in the polices of a central bank. Not having a commodity based currenc...
by JoMoney
Sat Jan 19, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3527

Re: How much money does one need to setup a private S&P 500 fund?

I had an account through Merrill Lynch that did something similar,.. The reason to do this is to avoid management fees. Even at .04% it adds up but not like the old days. This is a academic question because I figure it would take at least a billion to match the S&P 500. What is the smallest registe...
by JoMoney
Sat Jan 19, 2019 4:17 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3527

Re: How much money does one need to setup a private S&P 500 fund?

You could "synthesize" exposure to the S&P 500 buy buying futures or deep in the money call option balanced with cash.
by JoMoney
Sat Jan 19, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2350

Re: Gold ETF "Guarantee"

... why should the central banks seek for 2% inflation? Wouldn't 0% inflation be better for everyone, except possibly except from a debt perspective? My supposition is that they seek to target inflation because they're so afraid of deflation. That's the reason they give https://www.federalreserve.g...
by JoMoney
Sat Jan 19, 2019 3:08 pm
Forum: Investing - Theory, News & General
Topic: A look at equal weighting as we bid farewell to EQWS
Replies: 29
Views: 1078

Re: A look at equal weighting as we bid farewell to EQWS

Over the existence of RSP (S&P500 Equal Weight fund), a simple mixture of cap-weighted funds at the same level of risk/standard-deviation achieved the same (actually slightly better) results. PV Link A look at the performance of micro-cap stocks is also revealing of the poor performance at the botto...
by JoMoney
Sat Jan 19, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2350

Re: Gold ETF "Guarantee"

...This is why a commodity based currency is so important instead of a fiat based currency. There would be no need for speculation if you were confident your cash would hold value over time. There should be no need to have faith in the polices of a central bank. Not having a commodity based currenc...
by JoMoney
Sat Jan 19, 2019 12:58 am
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2350

Re: Gold ETF "Guarantee"

Paper/Electronic "Gold" is ideal for trading. It has the lowest transaction expenses, easy liquidity, potential leverage, and easy shorting (for those who want to try and earn carry interest by shorting gold and going long cash or other assets)... It's not ideal for anyone who wants gold for decorat...
by JoMoney
Fri Jan 18, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Wire $50K Out of the Country
Replies: 15
Views: 1279

Re: Wire $50K Out of the Country

The country you're transferring to might make a difference. I've used xe.com 'Personal Money Transfer' in the past to transfer to an Australian bank account. The XE.com service was actually through a company called "Custom House" which was bought by Western Union. https://www.xe.com/xemoneytransfer/...
by JoMoney
Fri Jan 18, 2019 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: My 2000th post
Replies: 6
Views: 533

Re: My 2000th post

Hey Congrats...
Here's to my 6601th post :sharebeer
Hyeahh!
by JoMoney
Fri Jan 18, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth moving
Replies: 7
Views: 753

Re: Is it worth moving

I probably wouldn't open another account, but it does mean an extra $125 a year (assuming rates and account balance stays the same)... which makes it hard to justify not doing it. What I've done is switch from 2.0% bank money market account to my Vanguard Federal Money Market settlement fund at 2.3%...
by JoMoney
Fri Jan 18, 2019 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Where can I find Lazy Portfolio returns for 2018?
Replies: 3
Views: 392

Re: Where can I find Lazy Portfolio returns for 2018?

Portfolio Visualizer has some you can choose from LINK
MarketWatch also has a page with info LINK
by JoMoney
Fri Jan 18, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10160
Views: 1788767

Re: U.S. stocks in free fall

goodenyou wrote:
Fri Jan 18, 2019 11:19 am
nisiprius wrote:
Fri Jan 18, 2019 11:14 am
MJS wrote:
Sat Jan 12, 2019 1:46 pm
"Well, it looks like the BM is over...
Seriously, do people use BM as an initialism for "bull market?"
Actually, a BM occurs when the market goes down, as in a Bear Market :wink:
I thought it happened after my morning coffee :beer
by JoMoney
Fri Jan 18, 2019 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100-0 to 90-10 with bonds in taxable account
Replies: 15
Views: 1011

Re: Going from 100-0 to 90-10 with bonds in taxable account

I too have been moving from a near 100-0 to a 90-10 allocation, with the cash primarily in my taxable accounts. I've been trying to do it simply with new contributions, when the dip happened in December I got very close to being 90-10 but I started redirecting my new contributions back to equities a...
by JoMoney
Fri Jan 18, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Price-to-rent
Replies: 11
Views: 1051

Re: Price-to-rent

I wouldn't buy if I didn't expect to live in the same place for at least 5 years, preferably more. 15x rent would be the high end limit of what I'd be willing to pay for a house, ideally it would be lower. Yes, Idaho market is booming lately (seems to be particularly so for California refugees... I ...
by JoMoney
Fri Jan 18, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2350

Re: Gold ETF "Guarantee"

I posted these snips from the GLD prospectus in another thread, which got locked (as is typical with Gold threads)... https://us.spdrs.com/library-content/public/SPDR_GOLD%20TRUST_PROSPECTUS.pdf ... The amount of gold represented by the Shares will continue to be reduced during the life of the Trust...
by JoMoney
Fri Jan 18, 2019 4:36 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 157
Views: 5694

Re: My trend following strategy and experience

mrussell22 wrote:
Fri Jan 18, 2019 12:49 pm
Interesting, keep us posted and Good Luck...
:thumbsup
Ditto...
Maybe try to keep it in this thread so we can follow along.
Thanks for sharing!
by JoMoney
Fri Jan 18, 2019 3:54 am
Forum: Investing - Theory, News & General
Topic: How are dividends reinvested in ETFs if you cannot purchase fractional shares?
Replies: 6
Views: 1005

Re: How are dividends reinvested in ETFs if you cannot purchase fractional shares?

Every broker that I've seen offering dividend reinvestment allows fractional shares for the DRIP. There's usually a stipulation that fractional shares can not be transferred.
by JoMoney
Thu Jan 17, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: Government shutdown and US Treasuries
Replies: 14
Views: 2070

Re: Government shutdown and US Treasuries

Pretty sure Treasuries have the benefit that the money was already appropriated by congress. There might be some question about some esoteric government agency bond relying on new federal money to make the payments... if there was such a situation like that, I would think we would be hearing louder ...
by JoMoney
Thu Jan 17, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 93
Views: 6813

Re: Should I buy a house in the Bay area or give up?

I wouldn't live in an area where rent was more than 1/3rd of my salary. Do you mean "I wouldn't live in an area where rent was more than 1/3rd of my gross salary " or "I wouldn't live in an area where rent was more than 1/3rd of my after tax salary. The typical suggestion is take home pay, but in s...
by JoMoney
Thu Jan 17, 2019 5:17 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 118
Views: 9983

Re: Tributes to Jack Bogle

Neil Cavuto had a nice homage video "Remembering John Bogle" and his appearances on his show over the years
https://video.foxnews.com/v/59907101150 ... show-clips
by JoMoney
Thu Jan 17, 2019 5:13 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 76
Views: 7064

Re: Bogle "5% Gold"

Oh yeah right, I didn't mentally adjust for physical gold = definitely not tax sheltered. Actually, you can own gold and silver coins minted by the Treasury in an IRA . The Taxpayer Relief Act of 1997 made this possible: "Your IRA can invest in one, one-half, one-quarter, or one-tenth ounce U.S. go...
by JoMoney
Thu Jan 17, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3159

Re: How long until we see negative ER funds?

Income from security lending is not accounted for in ERs, that's just not how they're calculated. Vanguard returns 100% of the security lending income back to the fund, that is not necessarily the case with other funds, so it may be that other companies do use some of that to subsidize other costs a...
by JoMoney
Thu Jan 17, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: If Everyone Did The 3 Fund Vanguard Strategy, Would Vanguard Be Controlling US Companies?
Replies: 10
Views: 1422

Re: If Everyone Did The 3 Fund Vanguard Strategy, Would Vanguard Be Controlling US Companies?

If "everyone" held the same Vanguard fund, then yes, Vanguard would effectively have control of those companies. It's not necessary that "everyone" hold the same fund, or hold Vanguard funds, for Vanguard to have a majority controlling interest. It is already the case that major investment banks and...
by JoMoney
Thu Jan 17, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 93
Views: 6813

Re: Should I buy a house in the Bay area or give up?

If I was young enough to be concerned with the possibility of getting married and/or having children, I wouldn't buy until those details were sorted out. Who knows, the significant other may already have a place. I wouldn't buy unless I expected to live in the same place for more than 7 years. The t...
by JoMoney
Thu Jan 17, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 76
Views: 7064

Re: Bogle "5% Gold"

... I'm no gold expert, but I thought the rough approximation for gold's return is 0% real. Less than when you look at the transaction expenses to buy/sell/hold and potential sales taxes and capital gains taxes on the nominal dollar value. On the other hand, if you get some psychological benefit fr...
by JoMoney
Thu Jan 17, 2019 3:21 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 118
Views: 9983

Re: Who Will Speak for US?

NMBob wrote:
Thu Jan 17, 2019 3:13 pm
Ben Stein
Uhhhh... No. He generally seems to have the right idea, but maybe not quite the same:
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by JoMoney
Wed Jan 16, 2019 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 15991

Re: Why are you NOT buying rental properties?

Because I've seen enough real estate disasters second-hand, and even just some inconveniences, to know that it's not for me.
Because I don't want a 'side hustle'.
Because I don't want the risk associated with the debt necessary to make it attractive relative to other options.
by JoMoney
Wed Jan 16, 2019 3:46 pm
Forum: Investing - Theory, News & General
Topic: How do Money Market Fund Yields and Expense Ratios Work?
Replies: 9
Views: 645

Re: How do Money Market Fund Yields and Expense Ratios Work?

To jump on this and in response to some of the answers provided in this thread, is there a reason to have a separate high yield savings/checking account? It seems to me that VMFXX has a yield that is as high or higher than typical checking accounts. Isn't the risk that VMFXX (since it is a fund aft...
by JoMoney
Wed Jan 16, 2019 2:18 pm
Forum: Investing - Theory, News & General
Topic: Forward P/E ratios and subsequent 10-year returns
Replies: 6
Views: 512

Re: Forward P/E ratios and subsequent 10-year returns

FWIW, JPM shows 5 year forward PE has about the same R2 as Vanguard found for the CAPE 10 year....
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