Search found 4364 matches

by JoMoney
Sat Nov 18, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 13
Views: 632

Re: WSJ commentary about declining # of publicly traded companies

OP, Thanks for the article reference; I found it interesting. I do think the article is a bit self-serving, however, since the conclusion (by the author who happens to run a private equity firm) is that investors should seek out private equity investments in order to benefit from the growth of thes...
by JoMoney
Fri Nov 17, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 31
Views: 1691

Re: Current precarious equity environment for a retiree

Market prices are supply and demand. You don't necessarily need a lot of new money to push prices up after a big fall, but you do need people who want to buy and hold a business (not just flip stocks in the market), and that are able to sit and wait for a price that looks reasonable to them (not ove...
by JoMoney
Fri Nov 17, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: Renting a car from Atlanta GA to Austin TX: $$$
Replies: 33
Views: 1439

Re: Renting a car from Atlanta GA to Austin TX: $$$

You might be heading the wrong direction for a cheap rental this time of year.

http://clark.com/travel/how-to-get-a-5-car-rental/
by JoMoney
Wed Nov 15, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: When is the best time to buy...........
Replies: 4
Views: 610

Re: When is the best time to buy...........

Around Thanksgiving and week following Christmas.
With some brands, and I think Boss is one of these, paying a high price is part of their branding and you're less likely to find them on sale.
by JoMoney
Tue Nov 14, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio only 18??
Replies: 8
Views: 776

Re: P/E ratio only 18??

Forward earnings.
Analyst estimates for 2018 "Operating Earnings" is $144.41
At a current price of $2,578 that's a forward P/E that rounds up to 18.

http://us.spindices.com/documents/addit ... s-est.xlsx
by JoMoney
Tue Nov 14, 2017 1:31 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3154

Re: Buffett 90/10 Portfolio vs Target Retirement

I don't think anyone else can tell you what amount of exposure to what risks is right for you. You'll need to carefully consider it and come up with something you can sleep with. I'm quite comfortable with having the bulk of my investments in S&P500 index funds. I wouldn't lose sleep over the small-...
by JoMoney
Sun Nov 12, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1674

Re: Chromebook/Similar for Elderly Dad

Unless portability is a concern a chromebox might be preferable? https://www.amazon.com/Asus-CHROMEBOX-M004U-ASUS-Desktop/dp/B00IT1WJZQ/ref=sr_1_3?s=electronics&ie=UTF8&qid=1510514841&sr=1-3&keywords=chromebox&dpID=41cPk3x3sOL&preST=_SX300_QL70_&dpSrc=srch You do need to add a generic display , key...
by JoMoney
Sun Nov 12, 2017 2:17 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 2925

Re: Fidelity 10X Retirement Rule - - Valid???

...The replacement annual income target is defined as 45% of preretirement annual income... If you made $50k a year, and saved 10x ($500,000) as a 67 year old you could buy an immediate annuity paying $33,000 a year for the rest of your life (quote from immediateannuities.com). That is not inflatio...
by JoMoney
Sat Nov 11, 2017 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: A penny saved is NOT a penny earned ..
Replies: 16
Views: 2218

Re: A penny saved is NOT a penny earned ..

Quite right... and as Mr.Bogle teaches about investing, a penny saved means higher risk-adjusted returns. If some savvy money manager might earn you .50% above market returns but charges a 1% fee your net is not-so-good and likely taking higher risks ta'boot. Likewise with leverage, you take all the...
by JoMoney
Sat Nov 11, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Investment Stewardship
Replies: 0
Views: 130

Mutual Fund Investment Stewardship

I was watching the recent videos with Mr.Bogle, and in one of them ( http://beta.morningstar.com/videos/830770/Bogle-Index-Funds-the-Best-Hope-for-Corporate-Governance.html ) he mentions a "10 page book" Vanguard came out with recently. I went to try and find this "book" but stumbled onto this site ...
by JoMoney
Sat Nov 11, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Risk of all eggs in one (brokerage) basket
Replies: 14
Views: 1698

Re: Risk of all eggs in one (brokerage) basket

“Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." - Pudd'nhead Wilson's Calendar” (Mark Twain) https://www.bogleheads...
by JoMoney
Fri Nov 10, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: "The small-cap effect really has failed to materialize"
Replies: 37
Views: 5050

Re: "The small-cap effect really has failed to materialize"

Chart comparing Vanguard S&P 500(VFINX) to Vanguard Midcap (VMCPX), Small Cap (VSCPX) and Vanguard Total Market (VTSAX) http://quotes.morningstar.com/chart/fund/chart?t=VFINX®ion=usa&culture=en_US&dataParams=%7B%22zoomKey%22%3A11%2C%22version%22%3A%22US%22%2C%22showNav%22%3Atrue%2C%22defaultShow...
by JoMoney
Fri Nov 10, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 121
Views: 7269

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I like it, however I've found it seems to be more acceptable if it's not EXACTLY the same thing, i.e. have 3 different color shirts and and just make it matter of rotating through the combinations everyday.
by JoMoney
Fri Nov 10, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9314

Re: "$1 Million is Closer Than You Think"

They should include a part that shows how much faster your money will grow if your investment company doesn't spend it on advertising... :D Advertising brings in more money to funds, which makes (some of) the costs lower when distributed across all the assets under management, and since Vanguard fu...
by JoMoney
Fri Nov 10, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: WSJ: "A Former LTCM Partner Embraces Indexing, and Says You Should Too"
Replies: 15
Views: 1104

Re: WSJ: "A Former LTCM Partner Embraces Indexing, and Says You Should Too"

My thoughts: Meh... he's still running a firm managing other peoples money, they just use index funds to do it.*shrug* It would be more interesting to me if it was a story telling people to just go to Vanguard and put it in lowest cost broad market index fund, or a 3 fund portfolio. There's other LT...
by JoMoney
Fri Nov 10, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 118
Views: 11018

Re: The fear of retirement, black swan, and math to dissuade the fear.

^- Probably more likely than shiny rocks/metals... like all money, they're only good for what you can exchange them for, so you better hope there's someone whose wants them for some nostalgic value.
by JoMoney
Thu Nov 09, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2169

Re: Inactive accounts closed?

Some do, some don't. I'm pretty good about closing accounts myself, but I know people who have received letters regarding credit card accounts being closed because they hadn't used them in years. Some banks have account terms that will slowly drain the account with inactivity fees until there's a ze...
by JoMoney
Thu Nov 09, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1696

Re: Comments on Kia Soul?

Not important at all: 1. Color I don't care about color esthetics but after I've read that white cars are more noticeable by other drivers I buy only white cars. I consider it a free safety feature. Victoria I have always wondered what the safest color for a car was? Safest from what? Do you know w...
by JoMoney
Thu Nov 09, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1696

Re: Comments on Kia Soul?

I've driven three different Kia models for a week+ as rental cars: Forte, Optima, and Rio... I have not driven the Soul, but my impression of Kia from the other models was lousy. They did not handle well, noisy, and just unappealing 'feel'. I actually enjoyed the Hyundai rental cars I've had though,...
by JoMoney
Thu Nov 09, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mastercard debit card with no foreign fees?
Replies: 7
Views: 387

Re: Mastercard debit card with no foreign fees?

I have a Capital One 360 Debit Mastercard, while they do not reimburse fees charged by the ATM operator they don't charge any fees and have very good foreign exchange rates. I haven't had a problem finding ATMs that don't charge. In the UK it's not common for ATMs to charge a fee and I've heard tha...
by JoMoney
Thu Nov 09, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Mastercard debit card with no foreign fees?
Replies: 7
Views: 387

Re: Mastercard debit card with no foreign fees?

I have a Capital One 360 Debit Mastercard, while they do not reimburse fees charged by the ATM operator they don't charge any fees and have very good foreign exchange rates. I haven't had a problem finding ATMs that don't charge. In the UK it's not common for ATMs to charge a fee and I've heard that...
by JoMoney
Thu Nov 09, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3819

Re: Coffee

Starbucks usually has clean restrooms, so it's nice to see one when on a road trip... otherwise they're on the bottom of my list for a coffee shop. I don't think the coffee is bad, but the experience is lacking. For some reason 'bucks doesn't have the coffee shop smell, and the service people all se...
by JoMoney
Thu Nov 09, 2017 12:31 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 118
Views: 11018

Re: The fear of retirement, black swan, and math to dissuade the fear.

Black swan sounds to benign to fear, and by definition it won't show up in statistics. It's really a fire breathing dragon of chaos coming to decimate your nest egg with unknown unknowns... and then only if you survive does it start to look like a "black swan" in the rear view mirror.
by JoMoney
Wed Nov 08, 2017 11:28 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9314

Re: "$1 Million is Closer Than You Think"

They should include a part that shows how much faster your money will grow if your investment company doesn't spend it on advertising... :D Advertising brings in more money to funds, which makes (some of) the costs lower when distributed across all the assets under management, and since Vanguard fu...
by JoMoney
Wed Nov 08, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Invited to join a new credit union
Replies: 7
Views: 690

Re: Invited to join a new credit union

I might be wrong on this, but I can't imagine there is any extra benefit from joining earlier than someone else. Usually share accounts have equal ownership/voting rights regardless of when the account was opened. ...possibly if they have some sort of extra perk or special account that is no longer ...
by JoMoney
Wed Nov 08, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets - Returns Lower than Claimed?
Replies: 19
Views: 1893

Re: Emerging Markets - Returns Lower than Claimed?

Morningstar growth charts:
MSCI EM Gross Return (not net of foreign tax withholding, goes back to 1987)
MSCI EM Net Return (goes back to 2000)

2017 DFA Matrix book (has annualized MSCI EM returns 1988-2016)
by JoMoney
Wed Nov 08, 2017 2:54 am
Forum: Investing - Help with Personal Investments
Topic: VOO versus VTI
Replies: 8
Views: 751

Re: VOO versus VTI

I prefer traditional index funds rather than ETFs. I use Vanguard's S&P 500 fund VFIAX in my IRA and taxable account. Vanguard's Total Stock Market is ok too, practically the same thing, if this is a big decision for you you're over thinking it.
by JoMoney
Tue Nov 07, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: Lowering taxes on business in the US
Replies: 17
Views: 1334

Re: Lowering taxes on business in the US

Reddit has all sorts of places for such discussion, but they tend to be pretty polarized politically one way or another.
by JoMoney
Tue Nov 07, 2017 6:37 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9314

Re: "$1 Million is Closer Than You Think"

An innovative and, I believe, effective advertisement! I think it deserves a sub-title: $1 Million isn't as much as you think! A million used to be a LOT of money -- yacht-buying territory. Now its is ALMOST enough to retire on. I input a 7 figure number and it told me I had a 95% chance of having ...
by JoMoney
Tue Nov 07, 2017 4:20 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9314

Re: "$1 Million is Closer Than You Think"

I input a 7 figure number and it told me I had a 95% chance of having $1 million in 5 years :shock:
by JoMoney
Tue Nov 07, 2017 4:05 am
Forum: Investing - Theory, News & General
Topic: Lowering taxes on business in the US
Replies: 17
Views: 1334

Re: Lowering taxes on business in the US

Generally proposed legislation is off topic and now allowed to be discussed here. Is there a way you can make your question personally actionable whether or not the proposed tax plan passes? FWIW, I think IF U.S. companies repatriate money to the U.S. (which is questionable regardless if the tax pla...
by JoMoney
Mon Nov 06, 2017 10:52 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2867

Re: What to do if a money market fund breaks the buck?

The Federal Money Market fund is about 48% obligations of the US treasury, 33% federal agency debt, and the rest repurchase agreements (repos). The credit quality of repos depends on the credit quality of the underlying collateral. The market is only pricing in a 1 bp spread between that and the tr...
by JoMoney
Mon Nov 06, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2867

Re: What to do if a money market fund breaks the buck?

I am not sure why Vanguard does it this way, but now the Federal MM Fund must be the settlement fund for a brokerage account (even if you only hold brokered CDs). I wish that Vanguard has some kind of bank account (FDIC Insured) as its settlement account. Vanguard uses the Federal MM fund because t...
by JoMoney
Mon Nov 06, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2867

Re: What to do if a money market fund breaks the buck?

I am not sure why Vanguard does it this way, but now the Federal MM Fund must be the settlement fund for a brokerage account (even if you only hold brokered CDs). I wish that Vanguard has some kind of bank account (FDIC Insured) as its settlement account. Vanguard uses the Federal MM fund because t...
by JoMoney
Mon Nov 06, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100002

Re: U.S. stocks in freefall

GoldenFinch wrote:
Mon Nov 06, 2017 4:47 pm
thangngo wrote:
Mon Nov 06, 2017 4:26 pm
It's selling time when the market is on fire. :sharebeer
Not a very Bogleheadish sentiment. :wink:
I think the Bogliticly Correct phrase is "time to check if your your asset allocation requires rebalancing"
by JoMoney
Mon Nov 06, 2017 4:29 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2867

Re: What to do if a money market fund breaks the buck?

...This reserve or capital can be used, to a degree, as a cushion against the kinds of investment and interest rate situations that could cause a MM fund to break the buck. Mutual funds do not have that capital or reserve capability. Things that could cause a MM fund to break the buck (in the past,...
by JoMoney
Sun Nov 05, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3624

Re: Investing in index funds at this moment

I agree. I have no intention to put my money in actively traded accounts. My question is whether it makes sense to invest in passive index funds or simply hold my account in cash. Index funds track the market which is great since historically the market has higher returns but if the market will tak...
by JoMoney
Sun Nov 05, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement for IVV (iShares Core S&P 500 ETF) on TD Ameritrade commission free ETF list
Replies: 6
Views: 496

Re: Replacement for IVV (iShares Core S&P 500 ETF) on TD Ameritrade commission free ETF list

Have you considered
SPTM "SPDR® Portfolio Total Stock Market ETF" 0.03% ER?
It's not listed as being taken off the commission free
by JoMoney
Sun Nov 05, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: Dividends better than buybacks in retirement accounts
Replies: 32
Views: 2315

Re: Dividends better than buybacks in retirement accounts

.. According to your personal definition of growth stocks as any stock where owners hope for growth that at least reflects inflation and GDP growth, all stocks except for turnaround stocks are categorized as growth stocks, I think. I have no idea what you're talking about. I didn't define "growth s...
by JoMoney
Sat Nov 04, 2017 11:16 pm
Forum: Investing - Theory, News & General
Topic: Dividends better than buybacks in retirement accounts
Replies: 32
Views: 2315

Re: Dividends better than buybacks in retirement accounts

... I'd like them to become more efficient and perhaps do what some utilities have done which is to increase their earnings (profitability) by 60%, enabling them to increase their dividends by 25% over 5 years... That's included in what I'm referring to as 'growth'. ... I don't have a preference fo...
by JoMoney
Sat Nov 04, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Lets talk emergency funds and I-bonds
Replies: 23
Views: 2047

Re: Lets talk emergency funds and I-bonds

I like savings bonds, I-bonds are more appealing than ee-bonds right now unless you expect to hold them for the 20 year doubling. Once you're past the first year holding period, I think they make an ideal "emergency fund". The interest can be tax deferred, and redeeming them and having funds transfe...
by JoMoney
Sat Nov 04, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Dividends better than buybacks in retirement accounts
Replies: 32
Views: 2315

Re: Dividends better than buybacks in retirement accounts

... Growth, in my opinion, should be a real focus of corporate entities, not just babysitting existing profitable businesses. If what managers are planning for tomorrow is what they've accomplished already today...what are we paying them for?.. :thumbsup I agree completely. It is risky, and when ho...
by JoMoney
Sat Nov 04, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: MF to ETF Conversion [Mutual Fund to Exchange-Traded Fund]
Replies: 10
Views: 563

Re: MF to ETF Conversion

... One note: They convert NAV to NAV, not mutual fund NAV to ETF share price, so it might look like you have a few dollars more or less in VXUS depending on whether it is trading at a premium or discount that day... Is this actually documented anywhere? I've looked before and could never find anyt...
by JoMoney
Sat Nov 04, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: Leading indicators [published] from the FED
Replies: 17
Views: 1095

Re: Leading indicators [published] from the FED

I just want to point out, that the stock market itself is considered a "Leading Indicator" of the economy... so be careful about what you might be planning / thinking of using "leading indicators" for... you might discover you're late to the game.
by JoMoney
Sat Nov 04, 2017 6:53 pm
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4711

Re: "PROBABLY THE WORLD'S BEST INVESTMENT FORUM"

Thank you to the moderators that cull the garbage and keep this forum from turning into the noisy chaos that inhabits most every non-moderated message board.
by JoMoney
Sat Nov 04, 2017 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3624

Re: Investing in index funds at this moment

FWIW, I don't want to try and convince you to take additional risks you don't want to take, but relative to past intrinsic business growth, and past market valuation, we're on the low side of growth and on the high side of price valuation. There is hope that better future growth will nullify what we...
by JoMoney
Sat Nov 04, 2017 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3624

Re: Investing in index funds at this moment

"index funds" includes bond index funds, whereas I think your concern is actually with investing in stocks due to the current relatively high compared to some historical valuation. If you think the prices of stocks are too high, that's a different question then wondering about whether or not using a...