Search found 152 matches

by AndrewXnn
Sat Jun 30, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4876

Re: Why is warren buffet okay with no owning any bonds?

Biggest problem with Bonds are their yields.

10 year US Notes are currently yielding around 2.86%.
10 year TIPs around 0.7%.
Spread to high yields is near long term minimum.

The future earnings yield of the S&P500 is ~6% and will grow with inflation.
by AndrewXnn
Fri Jun 15, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31903

Re: Vanguard New Factor Funds Portfolio Statistics

I'm finding alpha consistently with VFMF and VFMFX.
So, both appear to have been a wise switch from VOO.

A little surprised to notice that these do not track each other consistently every day.
However, over longer periods they are nearly identical.
by AndrewXnn
Thu Jun 14, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Factor Diversification = Beta?
Replies: 7
Views: 737

Re: Factor Diversification = Beta?

As Animal Spirits suggests, there may very well be investors that approach factor investing like that. However, it's just a strawman argument. The proper way to approach factor investing is to first review funds to determine if they have either Higher Alpha, Lower Beta or a Combination. Once you are...
by AndrewXnn
Sat May 26, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4871

Re: I'm an indexer... but...

This past year has been an anomaly because most of the markets gains have been due to tax cuts. Tax cuts have boosted earnings, which has boosted the value of their businesses. Highly taxed companies benefited the most of course. However, that's not going to repeat itself any time soon. Longer term,...
by AndrewXnn
Sun May 20, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 24088

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

Good point; If an investor wishes to reduce the volatility of their portfolio, then they would be better off allocating a portion to cash or a money market fund. Rising interest rates are making MM funds more appealing then they were just a year ago. Meanwhile, Bonds have fallen in value and will li...
by AndrewXnn
Sat May 05, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: Attending shareholder meetings?
Replies: 4
Views: 579

Re: Attending shareholder meetings?

Check out the Investors section of their website. There is usually a phone number that you can call into and listen to various meetings; either live or recorded. Some also have slides and video that go with the meeting. What's interesting are all the questions which professional analyst ask. They ob...
by AndrewXnn
Fri Apr 20, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard multi-factor ETF blocked at Merrill Edge
Replies: 7
Views: 1625

Re: PSA: Vanguard multi-factor ETF blocked at Merrill Edge

Bought shares thru e*trade no problem within the first few weeks.

Think is been out for about 2 months already now.
So, no good reason why is should not be available.
by AndrewXnn
Thu Apr 12, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 111
Views: 16445

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

The most recent market peak was on January 26, 2018. Using VOO as a proxy, it closed at an adjusted value of 262.1609 The market fell over 9% from the peak on February 8, 2018 when VOO closed at 235.7119. That represents a 10.1% correction. On April 2nd and 6th, the market also closed down 9.8% and ...
by AndrewXnn
Thu Apr 12, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: Restricted property trust
Replies: 4
Views: 404

Re: Restricted property trust

It's one way to lower your taxes, but with large and mostly hidden fees.
by AndrewXnn
Sun Apr 08, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: No 401k, have Roth IRA, 3 properties....
Replies: 9
Views: 968

Re: No 401k, have Roth IRA, 3 properties....

The math doesn't add up.

Loans
$600K+$170K+$170k=$940K

$500/mo to pay off in 20years.

20*12*$500 = $120,000
by AndrewXnn
Sun Mar 25, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: financial advisory post-retirement?
Replies: 27
Views: 3754

Re: financial advisory post-retirement?

It's understandable that you feel overwhelmed. Unfortunately, some fee based advisors take advantage of that by presenting complicated plans. This is done to ensure a long term relationship with the client. However, your plan really does not need to be complicated. I suspect you are fully capable of...
by AndrewXnn
Sun Mar 25, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31903

Re: Vanguard New Factor Funds Portfolio Statistics

Slight correction:

Since 2/26/2018
VFMFX 2.77%
VFMF 2.82%

Since 3/16/2018
VFMFX 1.16%
VFMF 1.17%
by AndrewXnn
Sun Mar 25, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31903

Re: Vanguard New Factor Funds Portfolio Statistics

By my own calculations both VFMF and VFMFX are continuing to display alpha.

2.85% between 2/26/2018 thru 3/23/2018.

Over just the last week since 3/16/2018, they have both gained 1.2% compared to the S&P500.
by AndrewXnn
Sun Mar 18, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31903

Re: Vanguard New Factor Funds Portfolio Statistics

Here are some simple performance statistics on the Factor Funds. Calculations are based on closing prices since February 20, 2018. Hopefully, the formatting is reasonable... Fund Return Max Min Max-Min VAR VFMV 2.8% 3.3% -0.8% 4.1% 1.37 VFMF 3.0% 3.5% -1.0% 4.4% 1.33 VFMO 3.4% 4.5% -1.0% 5.5% 1.25 V...
by AndrewXnn
Wed Mar 14, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Would like to retire Jan. 2, 2019, can I do it?
Replies: 37
Views: 4127

Re: Would like to retire Jan. 2, 2019, can I do it?

The house may (or may not) be an appreciating asset. Hopefully it's in a location where most properties are appreciating in value. However, that appreciation needs to be adjusted for all the associated costs. Taxes, upkeep and interest payments on mortgage need to be taken into account. Of course, e...
by AndrewXnn
Mon Mar 12, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Tax efficiency of VFMF US Multifactor ETF?
Replies: 6
Views: 1696

Re: Tax efficiency of VFMF US Multifactor ETF?

Wish I had noticed this thread earlier... Just bought a nice chunk of VFMFX (Admiral Shares) in a taxable account. My thoughts are that since it's a relatively new fund, that the tax efficiency should be relatively good. Also thought that Admiral shares would have lower expenses, but now see that ex...
by AndrewXnn
Sun Mar 11, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31903

Re: Vanguard New Factor Funds Portfolio Statistics

Hate to go off topic...

Is there a "how to" post on how to easily paste in parts of spreadsheets and the like?
by AndrewXnn
Sun Mar 11, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31903

Re: Vanguard New Factor Funds Portfolio Statistics

Formatting this is a pain. Anyhow, here's are some relevant calculations/estimate of alpha. Scaled up from past 22 or 21 days of trading data to 1 year. Notice that Friday's performance tends to mirror the amount of alpha being offered. Will obviously need more trading data to establish statistical ...
by AndrewXnn
Sun Mar 04, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 80
Views: 15914

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

bgf;

On page 6 of his 2011 Letter to Shareholders, Buffett set a share repurchase limit of 110% of book value.

http://www.berkshirehathaway.com/letters/letters.html


BRK is currently trading near 143% of book.
So, no repurchases are on the near term horizon.
by AndrewXnn
Sun Mar 04, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 80
Views: 15914

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

Also, talk about cherry picking past results to make an misleading point.

True; over the last 10 years, the S&P outperformed BRK 8.5% vs 7.7%.

However, over the last 11 years, BRK outperformed the S&P 9.5% vs 8.2%.
by AndrewXnn
Sun Mar 04, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 80
Views: 15914

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

Not instead , but yes I own BRK individually as well as a component of my S&P 500 index fund. So, I have an over weight position in BRK relative to my core holding of the S&P 500. Notice that Warren Buffett speaks highly of the S&P 500. He put it forth as his pick in his big bet a decade ago. You ca...
by AndrewXnn
Sun Jan 28, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: If you're really rich you're probably not an index-fundi Boglehead
Replies: 61
Views: 12192

Re: If you're really rich you're probably not an index-fundi Boglehead

Keep in mind that the chart is illustrating net worth. If somebody owns a home, but then owes on a mortgage of amount that is nearly equal to the home value then their net worth is very close to zero. People with net worth's of <$10K, probably fit into this category. Their average home equity could ...
by AndrewXnn
Mon Jan 22, 2018 7:26 pm
Forum: Investing - Theory, News & General
Topic: Portfolio size needed to reach each tax bracket in retirement
Replies: 19
Views: 3190

Re: Portfolio size needed to reach each tax bracket in retirement

Thank-you for putting this all together. While it is understandably easier to ignore social security payments, that really is not very practical. From what I've read the average social security payment per person is about $1400/mo. That would be $2800/mo for a couple or $33.6K/year. Also, suspect th...
by AndrewXnn
Sun Jan 21, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Starting LATE for retirement
Replies: 31
Views: 3112

Re: Starting LATE for retirement

Didn't notice how many kids you have or their ages.
A stay at home mom is really important while kids are young.
However, eventually the kids should be able to get around on their own
and a stay at home wife is a luxury.

2 people working towards retirement is a whole lot better than just 1.
by AndrewXnn
Fri Jan 19, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Filing for unemployment
Replies: 5
Views: 600

Re: Filing for unemployment

Suspect that just about anybody can file for unemployment. Collecting unemployment is another matter and probably what you are interested in. First thing is to go to your states unemployment office and file a claim. There will be forms to fill out and questions to be answered before a determination ...
by AndrewXnn
Mon Jan 15, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 4854

Re: Umbrella Policy - 1M or 2M

Depends on the nature of the driver.
Also, goes beyond teenage years as there are plenty of reckless young drivers, ages 20+
One might think their parents had an inkling of their driving habits.
by AndrewXnn
Mon Jan 15, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Dow 30,000 S&P 3000, Nasdaq 10,000
Replies: 39
Views: 5435

Re: Dow 30,000 S&P 3000, Nasdaq 10,000

The Dow last closed at 25,806.19, the S&P at 2786.24 and the NASDAQ at 7261.06. Over the long haul the indices move in rough proportion to each other. Dow at 30,000 implies S&P at 3239 and the NASDAQ at 8442 S&P at 3000 implies Dow at 27,783 and NASDAQ at 7818 NASDAQ at 10,000 implies Dow at 35536 a...
by AndrewXnn
Sat Jan 13, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: SSDI Widow Benefit
Replies: 8
Views: 1154

Re: SSDI Widow Benefit

Sorry to hear about your Father.

I'm no expert on SSDI, but suspect that your Mother would be better off if she continues working or returning to the work force.
by AndrewXnn
Sat Jan 13, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3684

Re: Firing real estate agent after offer made?

I realized a long time ago that Real Estate agents in general are not good for the vast majority of buyers.

As they say, buyer beware!
by AndrewXnn
Sat Jan 13, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Consulting side gig while at mega corp
Replies: 25
Views: 2558

Re: Consulting side gig while at mega corp

I also work at mega corp and what you are thinking about concerns me.

Not saying that it won't be allowed, but then not enough information has
been supplied to determine if there is ethics problem with the situation or not.
by AndrewXnn
Fri Jan 12, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Another Chemical Engineer salary history
Replies: 21
Views: 5072

Re: Another Chemical Engineer salary history

Thanks Valuethinker; Lots of important points about Nuclear Power can be made, but this is a salary thread. Don't know forum rules, but another thread would probably be appropriate. Also, yes the Canadian Border is nearby and I cross it frequently. Know some Engineers who found much greener grass up...
by AndrewXnn
Thu Jan 11, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Another Chemical Engineer salary history
Replies: 21
Views: 5072

Re: Another Chemical Engineer salary history

Graduated with BS in ChemE.
Obtained PE License, but allowed it to lapse :happy

Currently employed as a Nuclear Engineer.
$130K salary with $55K in bonus and deferred compensation.
Low cost of living location with low crime and minimal congestion.
by AndrewXnn
Wed Jan 10, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Dollar and age amount for Pre-Tax vs. Roth 401(k)
Replies: 16
Views: 1346

Re: Dollar and age amount for Pre-Tax vs. Roth 401(k)

A lot of points have been brought up by the OP and I'm not about to address all of them. First, a lot depends on the particulars of the 401(k) plan. My 401(k) allows for After Tax contributions and they do not count towards the $18.5K limit for 2018. It also allows for Roth contributions, but they d...
by AndrewXnn
Tue Jan 09, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 196
Views: 36850

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

My mortgage is paid off, but I did it totally backwards from what the article is suggesting. :happy I was in my 30's, had saved up about $80K back around 1995 and figured that I'd just build my own house. Did most of the work myself and discovered that I have a natural knack as a General Contractor....
by AndrewXnn
Sun Jan 07, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Another - Starting Social Security Question
Replies: 30
Views: 2340

Re: Another - Starting Social Security Question

Assuming your Full Retirement Age is 66.6, then by my simple calculations, compared to collecting early, you would obtain more benefit beyond age 79.

If you delay initiation to age 70, then it will be the better benefit choice beyond age 82.4+.
by AndrewXnn
Sun Jan 07, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 211
Views: 21953

Re: Memo to those who have won the game: it's time to quit playing

As the 3rd richest man in the world, Warren Buffet has won the game.

From what I can tell, he is not about to quit playing. :happy
by AndrewXnn
Wed Jan 03, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg warning of inherent market risk
Replies: 8
Views: 1560

Re: Bloomberg warning of inherent market risk

First, it's not Bloomberg that is warning us, but instead somebody writing an article. The author is obviously working to grab attention, but from what I can tell has limited abilities. Vague warnings will appeal to the paranoid, but not to more sane individuals. Notice that the next article points ...
by AndrewXnn
Wed Jan 03, 2018 6:40 pm
Forum: Investing - Theory, News & General
Topic: Roth or Traditional Contributions for Employer's 410K?
Replies: 2
Views: 314

Re: Roth or Traditional Contributions for Employer's 410K?

First several question for you to answer. Ultimate answer depends on where your income places you within tax brackets. Will your tax rate be higher in retirement than now? Will traditional contributions push you into a lower bracket or keep you from reaching an upper bracket? If so,then you should m...
by AndrewXnn
Tue Jan 02, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Stocks for the Long Run by Jeremy Siegel
Replies: 33
Views: 4965

Re: Stocks for the Long Run by Jeremy Siegel

I read it years ago; it's a good book.

Would hope that it's been updated.
So, check for that if available.
by AndrewXnn
Mon Jan 01, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: IORP question/SS bug?
Replies: 23
Views: 1571

Re: IORP question/SS bug?

Not sure if I understand the OP or not. It was stated that both DH and DW have full SS credits. To me, that means 35 years of making full payroll limits. It also means maximum benefits. If that is the case, then wouldn't both DH and DW have maximum SS benefits and there be no reason to apply for sur...
by AndrewXnn
Sun Dec 31, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k
Replies: 8
Views: 1622

Re: 2018 401k

Traditional (deductible) contributions make sense to the extent that they may push you into a lower bracket. After that, one needs to know ones expected tax situation in retirement. Unfortunately, there is the uncertainty of possible future changes, which are of course unknown. However, even assumin...
by AndrewXnn
Fri Dec 29, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Maxing out 401k with purely after-tax contributions?
Replies: 5
Views: 813

Re: Maxing out 401k with purely after-tax contributions?

My 401(k) plan allows for something like this as well, but it's thru payroll deduction. However, obviously one must pay taxes for the contributions to be after tax. Also, my company has a match and profit share program where they add funds to the account. This year, the company put over $7K into the...
by AndrewXnn
Fri Dec 29, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: 3(38) or 3(21) fiduciary requirements for small biz 401k
Replies: 2
Views: 328

Re: 3(38) or 3(21) fiduciary requirements for small biz 401k

I'm not a real expert on these matters, but will share some unbiased thoughts... While the 3(38) limits choices, it also limits liability. That's important. The choices in the 3(38) are fully appropriate and there is no additional direct cost. Would not be too worried about missing out on internatio...
by AndrewXnn
Thu Dec 28, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: Retirement Calculator Help
Replies: 9
Views: 1487

Re: Retirement Calculator Help

Placed your numbers into the Vanguard Retirement calculator and it shows you'll be short about $1,000 /month. Assumptions: Age 35, retiring at 60 $175k/year income Saving $33k/year $360k already saved Requiring 60% of salary in retirement Assuming 7% annual return Result: $7,796/mo available vs need...
by AndrewXnn
Thu Dec 28, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: IRA question
Replies: 5
Views: 664

Re: IRA question

Sorry, but not enough information has been provided to determine the best answer.
by AndrewXnn
Thu Dec 28, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: What would you do in our situation: Roth 403b or Traditional 403b?
Replies: 57
Views: 2618

Re: What would you do in our situation: Roth 403b or Traditional 403b?

[/quote] Not totally locked up. Throwing off about $25K in dividends annually (still keeps us in our tax bracket), but certainly will be used in our retirement years as well as potential to pass on what isn't used for any of our own needs. Mix of growth and income stocks, plus our core position in V...
by AndrewXnn
Wed Dec 27, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: What would you do in our situation: Roth 403b or Traditional 403b?
Replies: 57
Views: 2618

Re: What would you do in our situation: Roth 403b or Traditional 403b?

No much detail provided on the taxable account, which is out sized compared to most. Since it was not mentioned as a source of current income (and corresponding tax woe), suspect it may be locked up with long term capital gains. If so, then that would actually be a very good vehicle for passing on a...
by AndrewXnn
Wed Dec 27, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 68
Views: 15039

Re: This is Unbelievable - another Vanguard customer support odyssey

It may be unrealistic to expect a receiving institution to know the cost basis of funds unless the previous institution provided that information in the proper format. Could the problem be with the previous institution, which was not named? Have no idea why a former supervisor would ever need to be ...
by AndrewXnn
Fri Dec 22, 2017 10:32 pm
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 11028

Re: Early retirement pros and cons:

Warren Buffett is 87 and has still not retired although he could have at an early age.
by AndrewXnn
Wed Dec 20, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Roth vs Pretax 457 under new tax plan
Replies: 5
Views: 578

Re: Roth vs Pretax 457 under new tax plan

If current and retirement retirement incomes will be similar, then there will not be much advantage either way.

Typically, retirement income is lower, which provides an advantage when rolling pre-tax contributions.