Search found 981 matches

by dcabler
Sun Jul 14, 2019 7:54 am
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: RTM

That's a subjective evaluation, and not one I'd agree with. Yes, the cumulative average return of the two funds is similar but the correlation of monthly returns is only 0.94. Graphically, this shows up when instead of a growth chart you look at chart of active return of one fund relative to the ot...
by dcabler
Fri Jul 12, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20013

Re: Why factor investing isn't working

Framing the question in terms of "wait time" is essentially flawed, IMHO, because it focuses entirely on the central estimate and completely ignores the distribution of outcomes. A range of values does not need to be a central estimate. You get to choose how you answer the question, so any limitati...
by dcabler
Fri Jul 12, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20013

Re: Why factor investing isn't working

Framing the question in terms of "wait time" is essentially flawed, IMHO, because it focuses entirely on the central estimate and completely ignores the distribution of outcomes. A range of values does not need to be a central estimate. You get to choose how you answer the question, so any limitati...
by dcabler
Fri Jul 12, 2019 1:26 pm
Forum: Investing - Theory, News & General
Topic: S&P Indices: Blending Factors In Smart Beta Portfolios
Replies: 9
Views: 865

Re: S&P Indices: Blending Factors In Smart Beta Portfolios

...Moreover the correlations remain low during periods of crisis... Let's see how some multifactor funds and ETF did around year-end 2018. That is, did these low correlations pay off in cushioning the decline? I have not looked at this before and will post whatever I find. I'm going to include VFMF...
by dcabler
Thu Jul 11, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20013

Re: Why factor investing isn't working

I think the factor versus cap weight horse has been beaten to death in these 5 pages. Perhaps it's best to call a truce for a while and rest a while before the next round of combat. Garland Whizzer +1 Especially since this horse was previously beaten to death in the other umpteen times this subject...
by dcabler
Thu Jul 11, 2019 9:31 am
Forum: Investing - Theory, News & General
Topic: Three most important elements of investment success
Replies: 67
Views: 5539

Re: Three most important elements of investment success

Sandtrap wrote:
Thu Jul 11, 2019 9:11 am
Yes.
There are many paths to wealth and all of them share and include those three concepts.

Thanks for posting.
j
Thank you! Quite a diplomatic way of putting it. :D
by dcabler
Wed Jul 10, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: Grill Mat
Replies: 29
Views: 2333

Re: Grill Mat

I use them for shrimp, so they don’t fall through the grates. I don’t think the are particularly easy to clean, however. They also can't be safely used for anything more than medium heat. Mostly good for shrimp and vegetables. JT I only use my grill matt for cooking fish that has been skinned. Meat...
by dcabler
Wed Jul 10, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 855
Views: 53530

Re: My trend following strategy and experience

One testing technique for a backtested strategy is to take the strategy for the longest period that data exists and to split it into two period. Set parameters to optimize the first period. Those are the ones you would have chosen at the end of that period using the results for that period alone. T...
by dcabler
Tue Jul 09, 2019 10:19 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7975

Re: Who cuts your hair? And for how much?

I go to a barber about once a month. About $40 including a beard trim
by dcabler
Tue Jul 09, 2019 11:13 am
Forum: Personal Investments
Topic: Bond Side (sub) Allocations. @@ What Do You Have? Why? Why Not?
Replies: 36
Views: 1956

Re: Bond Side (sub) Allocations. @@ What Do You Have? Why? Why Not?

Twofold split for my investments. 1. "safe" future cash flow consists of TIPs and Ibonds which I will use to provide inflation-adjusted income on top of SS to last from age 70 to 85. SS+this flow will just about take care of basic needs. At 85 I will consider a SPIA. 2. My "regular" portfolio which ...
by dcabler
Tue Jul 09, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 94
Views: 10679

Re: What backup service to use?

JBTX wrote:
Thu Nov 09, 2017 8:23 pm
Carbonite
+1
by dcabler
Tue Jul 09, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rates around the world
Replies: 6
Views: 669

Re: Safe Withdrawal Rates around the world

Not unexpected that WWI and WWII would have had some nasty effects on withdrawal rates in some of these countries.
by dcabler
Mon Jul 08, 2019 11:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16936

Re: Larry Swedroe: The Historical Imperative For International Diversification

However, I think the overall discussion has gone downhill. Now we have a poster in this thread calling investors who use market cap weighting for regions splits "globalists" and making incendiary comments about their motivations for their asset allocations. To me, many of the arguments for US-only ...
by dcabler
Sun Jul 07, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 49
Views: 3341

Re: Time for a new car - Corolla or Civic...

I have a 2016 Civic LX after owning a 2004 Civic EX ( my college kid's car now) and a 2007 CR-V (wife's car). One major issue to look out for. A/C started having issues about a year after I bought it. Then winter rolled around and I forgot about it. The next summer, shortly before the warranty was t...
by dcabler
Sat Jul 06, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: No More Posts Of Larry Swedroe Essays
Replies: 65
Views: 5364

Re: No More Posts Of Larry Swedroe Essays

Although there were apparently accusations of “shill”, it does appear that part of the reason is that there were ideas “contradictory to Boglehead philosophy”. I take that as anything different from a TSM or 3 fund approach. I don’t remember it that way in the early-mid 2000’s when I started partic...
by dcabler
Sat Jul 06, 2019 6:50 pm
Forum: Investing - Theory, News & General
Topic: No More Posts Of Larry Swedroe Essays
Replies: 65
Views: 5364

Re: No More Posts Of Larry Swedroe Essays

Do complaints about keeping something carry the same weight as complaints about stopping something? :annoyed
by dcabler
Fri Jul 05, 2019 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20009

Re: Do you share your net worth with family members?

Short answer is no. There is no reason for anybody else to know except myself and my wife. Kid has a rough idea based on her FAFSA application. All that said, my siblings already have a good idea that we're OK financially. Not because we're flashy or anything like that but because I'm the only one w...
by dcabler
Fri Jul 05, 2019 6:39 am
Forum: Personal Consumer Issues
Topic: Ground Cover - SE TX/ SW LA, Deep South?
Replies: 3
Views: 396

Re: Ground Cover - SE TX/ SW LA, Deep South?

We have a large live oak tree that has several large above-ground roots - making mowing the grass difficult. Does anyone have experience/ recommendations for a ground cover that we could use to replace the existing St Augustine grass? The tree is separated from the rest of the yard by a side walk, ...
by dcabler
Fri Jul 05, 2019 6:33 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15122

Re: What percentage of total portfolio in REIT's do you have? Why? . . Why not?

I don't specifically invest in REIT's. My portfolio is heavily mid/small caps with a lean towards the value side. Looking at M*'s Portfolio X-Ray, it says that my stock portion is 7.6% Real estate, compared to SP500 which it says is 2.8%. That, plus the house I live in, is more than enough real esta...
by dcabler
Thu Jul 04, 2019 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Preparing my wife for financial life without me.
Replies: 95
Views: 10573

Re: Preparing my wife for financial life without me.

I've put directions of what I do now in my IPS as well as what I plan to do once we start retirement. And while I've gone over it multiple times with my DW, it's clear that this topic is of little interest to her. Might or might not change if I meet my demise before her. So, I've also put some addit...
by dcabler
Thu Jul 04, 2019 6:27 am
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 10870

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

First time it happened, I was in my mid 40's. I remember sort of thinking it was a major milestone. But then again, I had no real idea what I was doing back then and those were the days of some pretty hefty annual stock returns...
by dcabler
Wed Jul 03, 2019 5:54 am
Forum: Personal Consumer Issues
Topic: how do couples work together on home finance
Replies: 60
Views: 4492

Re: how do couples work together on home finance

First, I'm still working. DW left the working world just before our nearly 18 year old daughter was born, except for an 18 month part time stint a couple of years ago. When she was working, we saved 100% of her income and lived off of mine. We don't keep a budget nor do we sit down and discuss all e...
by dcabler
Wed Jun 26, 2019 6:10 am
Forum: Investing - Theory, News & General
Topic: Exploring SCV diversification with Morningstar category averages, 1968-2018
Replies: 121
Views: 7051

Re: Total Market Index Funds and Underperformance

Both the 3 Fund portfolio and a well chosen factor based portfolio are overwhelmingly likely to succeed long term if not abandoned during inevitable periods of under-performance. Garland: One of the important benefits of total market index funds is that they never "under-perform." Words of Wisdom f...
by dcabler
Wed Jun 26, 2019 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Transition to management is stressful
Replies: 20
Views: 2620

Re: Transition to management is stressful

Tech guy here too - moved into management about 17 years ago. What I tell people... - Do this because it's what you really want to do, not because of a perception of more, more money etc. - You will have to fire and/or lay off somebody some day. If you moved into management from an individual contri...
by dcabler
Tue Jun 25, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: Firecalc why/when can you adjust your spending?
Replies: 12
Views: 969

Re: Firecalc why/when can you adjust your spending?

Let’s say you were retired with 98%+ positive results on Firecalc. But after a while suppose your investment went *up* would you ever just say *this* is my new starting point (pretend like you were retiring on this date with this new starting portfolio). You can do that, but you'd need to reduce th...
by dcabler
Tue Jun 25, 2019 6:21 am
Forum: Personal Consumer Issues
Topic: Thank you, Honda - repair story
Replies: 17
Views: 1978

Re: Thank you, Honda - repair story

What? Is this a common issue among Honda Civics in that year? If not, I don't think it is reasonable to base your perception of the brand on one broken thing in several years of ownership, in one sample out of thousands, which the company paid to fix (which to me, is a sign that it is unusual that ...
by dcabler
Sat Jun 22, 2019 5:02 pm
Forum: Personal Consumer Issues
Topic: Carryon luggage for international travel
Replies: 25
Views: 2317

Re: Carryon luggage for international travel

I have a hard side carry-on with wheels that I have used often on domestic airlines. It is 22 inches long and the wheels protrude an extra inch. The U.S. regulation says 22 inches but I have never had a problem. The Lufthansa web site says for international travel that the max is 55 CM which conver...
by dcabler
Sat Jun 22, 2019 5:58 am
Forum: Investing - Theory, News & General
Topic: Small Value vs Multifactor
Replies: 58
Views: 4759

Re: Small Value vs Multifactor

If I want to tilt a bit for higher volatility and possibly higher returns, should I use the old-fashioned Small Value or the newfangled Multifactor? I go small value and mid value. You get 3 factors of Beta, size, and value and you can do so relatively cheaply. Specifically with IJS for small value...
by dcabler
Fri Jun 21, 2019 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 97
Views: 10147

Re: Permanent DINK couples - Considerations, thoughts, etc?

Doesn't sound much different from us --- except we had kids. 1. Rented until late 30's. 2. No kids until late 30's. 3. Never bought life insurance. 4. Our emergency fund was invested since our taxable account grew large enough to not bother with cash anywhere. I guess you could do what we did: Inve...
by dcabler
Thu Jun 20, 2019 3:04 pm
Forum: Personal Investments
Topic: Which Fidelity US and Int Index is recommended
Replies: 5
Views: 404

Re: Which Fidelity US and Int Index is recommended

I'd start by looking at their zero e/r funds
FZROX: US
FZILX: International
by dcabler
Thu Jun 20, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: HR telling my wife not to contribute 100% of her salary to 401k
Replies: 24
Views: 4438

Re: HR telling my wife not to contribute 100% of her salary to 401k

My wife recently returned to work after giving birth to our baby daughter. Because she is now only working part time and just started working mid year, I increased her tradituonal 401k contributions to 100% so we max out by the end of the year. Her employer's human resources department however is t...
by dcabler
Tue Jun 18, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: Are you a member of nextdoor.com? Any concerns registering your info?
Replies: 71
Views: 5965

Re: Are you a member of nextdoor.com? Any concerns registering your info?

I'm on it, but the Signal-to-Noise ratio is extremely low, I'm afraid. Lower even than other social media.... People are starting to make fun of it by posting things like "attention neighbors, the sun rose this morning" because something along those lines seems to be what an average post looks like....
by dcabler
Tue Jun 18, 2019 9:45 am
Forum: Personal Investments
Topic: For those of you who have a factor diversified portfolio, what is yours?
Replies: 55
Views: 3997

Re: For those of you who have a factor diversified portfolio, what is yours?

Thanks guys. So many go with small cap / value funds. How about momentum and quality? Those seem to be beneficial factors as well. SP 600 small cap value funds also screen for quality as well as small and value. I do have interest in momentum but hard to pick SCV fund AND Mom fund as they can cance...
by dcabler
Tue Jun 18, 2019 9:17 am
Forum: Personal Investments
Topic: For those of you who have a factor diversified portfolio, what is yours?
Replies: 55
Views: 3997

Re: For those of you who have a factor diversified portfolio, what is yours?

Thanks guys. So many go with small cap / value funds. How about momentum and quality? Those seem to be beneficial factors as well. SP 600 small cap value funds also screen for quality as well as small and value. I do have interest in momentum but hard to pick SCV fund AND Mom fund as they can cance...
by dcabler
Tue Jun 18, 2019 6:54 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 38317

Re: How Bad was 2008, really?

Worked in Tech (still do), but we had lots of layoffs during that time, but it didn't happen to me then, fortunately. I had no clue about diversification in my 401k/rollover IRA and was highly concentrated in stock, along with some international bonds, all of which were managed funds. In October 200...
by dcabler
Mon Jun 17, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 11761

Re: With hindsight, what signs indicated you were about to lose your job?

I was never fired, but I did observe a pattern that took place at the Megacorp that I worked at for most of my career. This cycle repeated itself roughly every 5 years. Phase 1 - normal hiring in process (nothing unusual is taking place with the volume of hirings or firings) Phase 2 - hiring freeze...
by dcabler
Sun Jun 16, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 11761

Re: With hindsight, what signs indicated you were about to lose your job?

1. When, as a manager, you and your peers know a layoff is coming and you send in your names and the usual meeting where we horsetrade never happens. 2. When, as a manager, you already know a layoff is coming but some Droid from HR sends you an email asking if you have a sabbatical you haven't taken...
by dcabler
Sun Jun 16, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Variable Percentage Withdrawal (VPW)
Replies: 876
Views: 287602

Re: Variable Percentage Withdrawal (VPW)

Question: On the "Table" tab of the VPW document, the Long-Term Real Growth Trends is set to 5.0% for stocks and 1.8% for bonds, and there is a note that this is based on data from Credit Suisse Global Investment Returns Yearbook 2016. When I look at the Credit Suisse Global Investment Returns Year...
by dcabler
Fri Jun 14, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Should I rent a car in Croatia? And other recommendations?
Replies: 11
Views: 859

Re: Should I rent a car in Croatia? And other recommendations?

DW and I are going to Dubrovnic in September for about 10 days on a vacation. One of the friends said that Split is just a port town and I am better off staying in Dubrovnic and doing day trips. I wonder if we can rent a car and make day trips to Serbia, Montenegro etc. If we rent a car, is it easy...
by dcabler
Fri Jun 14, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9259

Re: Article on high deductible health plans - and the math

Similar to a poster above. I'm now working for my first company that only provides a HDHP plan + HSA and they pay 100% of the premiums for my family of 3. Every time I start to complain, I remember the spreadsheet analysis I did for our usual medical expenses with my last company with a traditional ...
by dcabler
Fri Jun 14, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: Which shaving cream / oil?
Replies: 58
Views: 3656

Re: Which shaving cream / oil?

I used "King of Shaves" for years because just about everything else resulted in a breakout, especially under my chin. It's a transparent gel, no foaming. Available from Amazon, among other places.

Then I grew a full beard - no more shaving issues. :D
by dcabler
Thu Jun 13, 2019 3:20 pm
Forum: Investing - Theory, News & General
Topic: Consolidate numerous accounts or leave them alone
Replies: 2
Views: 352

Re: Consolidate numerous accounts or leave them alone

I currently have many accounts scattered across several institutions. With Personal Capital, it's not really a problem, but maybe I should consolidate a bit Vanguard is good because I can buy their funds and IVV commission-free 1. Taxable 2. Traditional IRA TD was my first account, but I don't like...
by dcabler
Thu Jun 13, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 88
Views: 6423

Re: Do Fidelity Offices/Advisors Add Value?

Been with Fidelity since I started investing. No issues at all with them. Never got a sales pitch, though I sometimes get an email from the person assigned to me to "go over things". Nope, no thanks. Most of my money is there and nearly all of it in index funds. I do have a taxable Vanguard account ...
by dcabler
Thu Jun 13, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Karsten (Early Retirement Now) Pens a Challenge to Merriman and the Small/Value Premium
Replies: 68
Views: 6261

Re: Karsten (Early Retirement Now) Pens a Challenge to Merriman and the Small/Value Premium

The Fundadvice Ultimate Buy & Hold portfolio has been the worst of the lazy portfolios tracked over the last decade at MarketWatch https://www.marketwatch.com/lazyportfolio Are we supposed to take meaningful conclusions from a decade of performance? Certainly not. This being said, in all fairness, ...
by dcabler
Wed Jun 12, 2019 9:40 pm
Forum: Personal Investments
Topic: Asset allocation for those in their late fifties
Replies: 35
Views: 3800

Re: Asset allocation for those in their late fifties

58 and 59 and we're around 60/40
by dcabler
Wed Jun 12, 2019 12:01 pm
Forum: Investing - Theory, News & General
Topic: Karsten (Early Retirement Now) Pens a Challenge to Merriman and the Small/Value Premium
Replies: 68
Views: 6261

Re: Karsten (Early Retirement Now) Pens a Serious Challenge to Merriman and the Small/Value Premium

Merriman’s portfolio is equal weighted on value for small AND large cap, so focusing on just the small is curious. ie The S&P 500 beat his portfolio because of large cap growth. The way he did his analysis, hard to carve out how much of the story was size vs how much was due to Merriman being 50% i...
by dcabler
Tue Jun 11, 2019 7:59 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2314

Re: HSA - Save Reciepts When Paying Bills?

Receipts: Scan, save, and toss.
by dcabler
Sun Jun 09, 2019 8:54 am
Forum: Personal Investments
Topic: why are Small Caps falling?
Replies: 118
Views: 10486

Re: why are Small Caps falling?

This is not on topic for the thread title, but the thread has drifted towards longer returns than the most recent ones. McClung ran each of the equity sub-asset classes in a retirement spending calculator. As expected, Small Growth was worst, but Large Growth was second worst, so he leaves the mutu...
by dcabler
Sun Jun 09, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Notify insurance or not?
Replies: 22
Views: 2155

Re: Notify insurance or not?

Do it. You have no idea what the other owners are going to say to their insurance companies about what happened during the accident when they contact them.