Search found 175 matches
- Tue Nov 17, 2015 2:16 am
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
MIAMI: Joan Didion
- Tue Nov 17, 2015 1:39 am
- Forum: Personal Investments
- Topic: TIAA Real Estate Account (TREA)
- Replies: 54
- Views: 10691
Re: TIAA Real Estate Account (TREA)
Great read! Good Luck!
- Mon Nov 09, 2015 8:56 pm
- Forum: Personal Finance (Not Investing)
- Topic: What would you do? (Personal/Family financial situation)
- Replies: 55
- Views: 7543
Re: What would you do? (Personal/Family financial situation)
Some judge your pragmatic "together" sounding life style, vs. your brother whom's incarcerated, and currently not doing so well. Some suggest you should sacrifice more, I disagree. No doubt you already do sacrifice, and he's lucky to have you do his bidding, never mind his being additionally burdensome. Involving a intermediary atty. sounds appropriate. Thats what I'd do.
- Fri Nov 06, 2015 9:01 pm
- Forum: Investing - Theory, News & General
- Topic: Inflation, stagflation, and deflation [effects on stocks and bonds]
- Replies: 6
- Views: 2923
Re: Inflation, stagflation, and deflation
[OT politics and policy comments deleted by admin alex]
- Fri Nov 06, 2015 10:12 am
- Forum: Investing - Theory, News & General
- Topic: "Sensible Investing"
- Replies: 4
- Views: 1077
Re: "Sensible Investing"
Great "links" and series thanks TL!
- Sat Oct 31, 2015 8:07 pm
- Forum: Investing - Theory, News & General
- Topic: Why I respectfully reject ( some of) Mr. Bogle's advice
- Replies: 51
- Views: 10153
Re: Why I respectfully reject ( some of) Mr. Bogle's advice
If one has plenty of guaranteed cash flow covering monthly or annual expenses looking forward 10-20-40yrs I'd also do the same. Good Luck!
- Sat Oct 24, 2015 3:24 am
- Forum: Investing - Theory, News & General
- Topic: Ron Delegge Disses Bogle....and Bogleheads
- Replies: 15
- Views: 3703
Re: John Delegge Disses Bogle....and Bogleheads
Well, his linked podcast is about covered call options strategies. His (GSG) Commodities Index cited in the link is a 9/9 holdings of Treasuries, not Commodities. With other nuance inaccuracies it's just untenable sales chatter.
- Wed Oct 21, 2015 9:59 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11152
- Views: 2086149
Re: What Movie Have You Recently Watched?
Overfed & Undernourished on AMZN by Dr.John Demartini, and Joe Cross. Examining modern lifestyles, precipitating a global pandemic of sorts.
- Wed Oct 21, 2015 9:02 pm
- Forum: Investing - Theory, News & General
- Topic: Mels midcaps on power lunch
- Replies: 33
- Views: 5536
Re: Mels midcaps on power lunch
I also like mid-caps but to be even more contrarian, I like mid-cap growth. Now how weird is that? Mid-cap growth 1-year return = +4.8% SCV 1-year return = 0.0% TSM 1-year return = -0.6% Mid-cap growth 10-year return = 8.9% SCV 10-year return = 7.0% TSM 10-year return = 7.1% Not weird, but paying 4.4x book and a nosebleed level of 29.5x as of 9/30/15 for Midcap Growth is something I expect to see for one who holds Small Cap Growth. We all know what happens when you hold growth and it fails to materialize, the shareholders get taken to the woodshed. Holding Midcap Index or Midcap Value may be more palatable, especially for the "value" crowd. There the book is 2.5x, still higher than the 1.7 for SCV, the p/e is 24.4x but SCV's is 1...
- Wed Oct 21, 2015 8:39 pm
- Forum: Personal Consumer Issues
- Topic: [Books that changed your life]
- Replies: 577
- Views: 73175
Re: Any books really change your outlook on life?
After researching the Bibles critics & criticisms, after having completed over 15 yrs of "religious" schooling, I've concluded its unreliable, rewritten many times fostering its unreliability and written by those with world agenda driven motives. That aside, I've read, studied and endorse "Enough" by JBogle, I've read it many times. :mrgreen: Thats my bible. Everyone is entitled to their opinion on Christianity :thumbsup Luckily! We're all aware of our own religious leanings to convictions, eliciting many stripes of colored comments displaying the absolute foolishness it leads to, particularly in online posturing that this site strictly prohibits! Correct? Fully recognizing that, I suggest the OP read "Enough&q...
- Tue Oct 20, 2015 10:03 pm
- Forum: Investing - Theory, News & General
- Topic: General Question: How do Brick and Mortar banks have enough capital to loan?
- Replies: 36
- Views: 4873
Re: General Question: How do Brick and Mortar banks have enough capital to loan?
[OT comment removed by admin LadyGeek]
- Tue Oct 20, 2015 8:17 pm
- Forum: Personal Consumer Issues
- Topic: [Books that changed your life]
- Replies: 577
- Views: 73175
Re: Any books really change your outlook on life?
After researching the Bibles critics & criticisms, after having completed over 15 yrs of "religious" schooling, I've concluded its unreliable, rewritten many times fostering its unreliability and written by those with world agenda driven motives. That aside, I've read, studied and endorse "Enough" by JBogle, I've read it many times. Thats my bible.
- Mon Oct 19, 2015 9:13 pm
- Forum: Investing - Theory, News & General
- Topic: Adding 5% gold to 60/40 simulates lower volatility
- Replies: 29
- Views: 3709
Re: Adding 5% gold to 60/40 simulates lower volatility
1) Theres a central bank that holds gold, gold is a un-pegged international currency. Thats my understanding.
- Sat Oct 17, 2015 8:05 pm
- Forum: Investing - Theory, News & General
- Topic: What did you learn at Bogleheads 15
- Replies: 37
- Views: 5860
Re: What did you learn at Bogleheads 15
Hi Taylor, One of the Vanguard panelists made a comment that trading stocks and bonds is different. You sell your stock to a buyer; you sell your bond to a clearing house due to the multitude of CUSIPs. The clearing house, a large bank, can use a large spread and it can delay fulfilling your order while trading their own bonds on the most favorable terms. Thus, one should buy bond funds rather than individual bonds. I thought it was an interesting distinction. Nevertheless, I had bought some individual TIPS on the secondary market and have not regretted it. Victoria I was under the impression that a number of market making exchanges (40+) as well as other security custodians perhaps, do this regularly as accepted practice with both stocks ...
- Wed Oct 14, 2015 12:21 pm
- Forum: Investing - Theory, News & General
- Topic: Bill Gross sues Pimco
- Replies: 46
- Views: 7234
Re: Bill Gross sues Pimco
I'm with you: teensiest violin. Two against one so far. Oh dear, WHY are there no more polls allowed? This one is so critical! :happy RM But, but, but. Sure, I've heard "teensiest violin." But the particular gesture or action we used consisted of a sort of twiddling motion of the thumb describing small circles--let's say 7.3 mm in diameter, with a speed of revolution of approximately 78 rpm--to suggest a phonograph. I think there may have been a different set of hand gestures if you wanted to express the concept of "world's teensiest violin." It's the gestures. What hand gestures did you use? Great catch, I understand your explanation Nis, the index* finger circling the thumbprint resembling 78 record's speed and motion...
- Wed Oct 14, 2015 11:59 am
- Forum: Investing - Theory, News & General
- Topic: Study on higher moments of volatility and explanatory power
- Replies: 23
- Views: 2097
Re: Study on higher moments of volatility and explanatory power
Well, I learned something reading that LS, thx!
- Tue Oct 13, 2015 9:35 pm
- Forum: Personal Consumer Issues
- Topic: [All weather car mats]
- Replies: 59
- Views: 6668
Re: All weather car mats
Search the totaled luxury cars, you'll find some great bargains!
- Fri Oct 09, 2015 4:35 am
- Forum: Investing - Theory, News & General
- Topic: Bill Gross sues Pimco
- Replies: 46
- Views: 7234
Re: Bill Gross sues Pimco
Gross was expecting a bonus of about $250 million for 2014, with most of that due in the second half of the year, according to the lawsuit. Because he left the firm days before the third quarter ended, Pimco refused to pay him a proportionate amount, said the complaint... What did we used to say in junior high school? Twiddle thumb and index finger. "Can you hear that?" "No." "It's the sound of the world's teeniest tiniest VIOLIN / phonograph playing 'Hearts and Flowers.'" I wonder why he left "days before the third quarter ended?" An impulsive mistake on his part? ("Hearts and Flowers" is one of those pieces of music many people know without knowing its name; an emblem of maudlin sentiment...
- Sun Sep 27, 2015 12:11 am
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11152
- Views: 2086149
Re: What Movie Have You Recently Watched?
COLLAPSE on Netflix by Michael Ruppert
- Sat Sep 26, 2015 8:54 pm
- Forum: Investing - Theory, News & General
- Topic: What are the limits, if any, on the use of leverage by mutual funds?
- Replies: 24
- Views: 4654
Re: What are the limits, if any, on the use of leverage by mutual funds?
FWIW/ One market maker's (one of 40 markets-dark pools-etc.) wunderkind representative said, "We continue to invent things faster than the regulators can understand or regulate it unraveling us billions, the industry makes a tremendous amount of money creating new products until it blows up the world". Harvy Pitt said, "We have new technology being harnessed in a way that no regulator will think about till its blown up something, and when god wanted to tell the human race how to behave it took 10 commandments (for those that believe that), yet when congress wanted to tell the financial services industry how to behave it took 2,313 pages". Clicks and algorithms, theres nothing anyone can do to stop it, except as we've see...
- Sat Sep 26, 2015 7:44 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
I must endorse this book also, A Splendid Exchange: how trade shaped the world, by William Bernstein. Simply marvelous historical read says it all.
- Wed Sep 23, 2015 8:03 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
Peter L. Bernstein's : Classics collection, Great read!
- Tue Sep 22, 2015 10:55 am
- Forum: Investing - Theory, News & General
- Topic: What are the index fund costs beyond bid ask?
- Replies: 13
- Views: 1619
Re: What are the index fund costs beyond bid ask?
Many ways, all of which are carefully designed not to show up as line items in your account. Here are a few off the top of my head. No doubt there are more. Some have already been mentioned by other posters. They invest your settlement money at several basis points while paying you, I should think, around 0.01%. Even just a few hours of loaned out cash earns money. It may be a small percentage, perhaps, today, but millions upon millions of dollars in earnings that they keep is still a lot. They receive fees from trading venues, for routing your orders there. They run their own dark pool, and their less-dark pool, MarketPro*, for which they're paid. They buy and sell from and to you for their own inventory when they have or need what you wa...
- Sun Sep 20, 2015 6:46 pm
- Forum: Personal Finance (Not Investing)
- Topic: The Most Important Factor in a College Student’s Success
- Replies: 27
- Views: 4770
- Tue Sep 15, 2015 5:48 pm
- Forum: Investing - Theory, News & General
- Topic: Global Asset Valuations Near a Two-Century High
- Replies: 26
- Views: 4781
Re: Global Asset Valuations Near a Two-Century High
^^^ After an extensive online search this past weekend, I don't believe the original Deutsche Bank study has been posted online anywhere yet — it must still be proprietary. However, I did run across its name: Long Term Asset Returns Study 2015 — "Scaling the Peaks" Since this study only came out September 8, 2015, it may take a few days or weeks before someone posts a PDF copy of it — but these annual reports are definitely worth the read, once they're freely available. I saw it acknowledged on the 09th SGift / http://www.valuewalk.com/2015/09/deutsche-bank-peak-valuation/ Some follow these things religiously. Again, thanks for the OP! I've also recognized between 1945/2007 the US economy went through 9 recessions yet still grew ...
- Tue Sep 15, 2015 12:26 am
- Forum: Personal Investments
- Topic: Everyone is saying to get out of Bond Funds? Ignore?
- Replies: 55
- Views: 12577
Re: Everyone is saying to get out of Bond Funds? Ignore?
B) Inflation meme. Severe inflation is coming sooner or later. The true inflation figures say that inflation is really running 8% or more per year, therefore all prices have quadrupled over the last twenty years, and everything denominated in dollars will soon be worthless--but bonds worse than stocks. +1 :happy , you & I, and Rick Santilli are now in agreement http://www.cnbc.com/2014/07/14/santelli-takes-on-inflation-liesman-and-everyone-else.html//. Although, I also consider the FED both manipulating, influencing, and managing free markets through policy, guidelines, inflations directorial movements, interest rate attempts, and pay-back/ favors . Inflation can effect RE, agriculture, commodities, hard assets, and much, much more as ...
- Sun Sep 13, 2015 9:28 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11152
- Views: 2086149
Re: What Movie Have You Recently Watched?
"FOOD MATTERS" by Gerson & Rogers, "you are what you eat" a self-for-filling catchphrase. Gerson's body healing mechanisms are discussed extensively. I do eat for fuel*, little else. I'd suggest people discharged from a hospital are more malnourished than those going into a hospital, knowing hospital food. I've developed additional skepticism of the USAs healthcare & food industry.
- Sun Sep 13, 2015 6:01 pm
- Forum: Investing - Theory, News & General
- Topic: Global Asset Valuations Near a Two-Century High
- Replies: 26
- Views: 4781
Re: Global Asset Valuations Near a Two-Century High
Our world wide financial system is built on debt, and leverage, and all that debt will need to be repaid. These times today mirror the times gone by the last couple of centuries, according to history of economics I've read. I also suspect fixed income rates to remain lower moving forward, but you never know. We entered into this contract when the first dollar was created. Our system is not the first FIAT currency, and we know how that story ends. I too see many prices near highs, of course this has all been cyclical, so far. Commodities markets seem to be turning bearish viewing many futures contracts particularly oil. An issue that we are now seeing is that the emerging markets have learned how to bypass the US Dollar in the oil trade. Thi...
- Thu Sep 10, 2015 11:04 pm
- Forum: Investing - Theory, News & General
- Topic: How do you decide your asset allocation?
- Replies: 175
- Views: 24131
Re: How do you decide your asset allocation?
In the 19th century, bonds outperformed stocks for 73 years straight ... This may be borne out in the asset return data, but it deserves a bit of historical context. For most of the 19th century, there were deep recurring bouts of deflation, with none of the relative price stability and predictability that we've become to expect in the modern era. In fact, from 1870 to 1900, there was almost no inflation at all, but rather steady, prolonged deflation, with prices declining at a rate of about 2% per year over 30 years — and ideal environment for bonds over stocks. See The Great Deflation and the chart below**. The moral of this story, I believe, is to not do any portfolio planning based on U.S. interest rate data before about 1935. With mod...
- Sun Aug 30, 2015 3:02 pm
- Forum: Forum Issues and Administration
- Topic: [forum running at] Slow speed
- Replies: 71
- Views: 7522
Re: Slow speed
Thanks LG!LadyGeek wrote:mingstar (server admin) informed me that the slowdown is not planned. He's investigating.
- Thu Aug 27, 2015 11:20 am
- Forum: Investing - Theory, News & General
- Topic: Too Much Indexing???
- Replies: 56
- Views: 11628
Re: Too Much Indexing???
Market makers and investment houses always have a "product" that will sell. They allow and indeed encourage successful funds, both active, managed, or indexed like a SP500 index fund to grow meteorically thus hindering the investments flexibility that has always produced attractive returns. Rarely is the investment spigot turned off. Yet the SP500 is a benchmark who's alpha/direction sharply coincides with the TSM. The drive for asset gathering is important for a products proliferation, sustaining its returns that generated its initial attraction. Trends toward indexing i'm sure have spurred the SP500s meteoric rise in the last several years, much else is currently beyond my full understanding. Again, I do not like its asset bloat...
- Wed Aug 19, 2015 10:26 pm
- Forum: Investing - Theory, News & General
- Topic: "Golfers Are Better Investors. . . Right?
- Replies: 15
- Views: 2842
Re: "Golfers Are Better Investors. . . Right?
I'm sure we all recognize that only funds with exceptional records advertise them, this suggest to me its inherently misleading. Fund or insurance 'product' endorsements from decades old golfers like Arnold Palmer or similar celebrities make me cringe. I see this with annuities, reverse mtgs, and life insurance product promos targeting economically challenged individuals such as its "Only" $9.99 a month per unit of coverage!
- Sun Aug 09, 2015 10:12 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11152
- Views: 2086149
Re: What Movie Have You Recently Watched?
Money for Nothing, Inside the Federal Reserve by Liev Schrieber, again, It was more insightful this time around.
- Sun Aug 09, 2015 6:28 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
'Backstage Wall Street' An insiders guide to knowing who to trust, who to run from, as well as maximize your investments by Joshua Brown
- Sat Aug 08, 2015 3:14 pm
- Forum: US Chapters
- Topic: Congrats to Laura Dogu
- Replies: 67
- Views: 11975
- Wed Jul 22, 2015 5:48 pm
- Forum: Investing - Theory, News & General
- Topic: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
- Replies: 33
- Views: 5440
Re: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
Unless i'm mistaken, Harry Markowitz defined the only "free lunch" as diversification, that was his widely accepted theory. Suggesting perhaps that any well diversified portfolio is optimal, given ones risk tolerance. As many here believe, and iirc Taylor Larimore always says, there are many roads to Dublin.
- Sun Jul 19, 2015 7:19 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
The Reminiscences of a Stock Operator , by Edwin Lefevre, Jon D. Markman. Specifically, The Reminiscences of a Stock Operator Collection , Wiley Investment Classics, a slightly weird offering containing three versions of the same book: the original book unadorned; the collection of magazine articles on which the book was based; and an annotated edition of the book, annotated by Jon Markman, which is what I'm reading. The notes are as interesting to me as the text, and there's not a chance I could begin to understand what's going on without them. Now to begin with I have no idea what I'm actually reading here. It's a novel, folks. It's fiction. Markman says that it is a lightly fictionalized version of Jesse Livermore and that Lefevre made ...
- Fri Jul 17, 2015 8:51 pm
- Forum: Investing - Theory, News & General
- Topic: "Does Past Performance Matter?"
- Replies: 9
- Views: 1703
Re: "Does Past Performance Matter?"
I always appreciate your links Taylor, thanks. The flagship Bogle Small Cap Growth Fund was launched 14 years ago and has delivered an annualized return since then of 12.4%, compared with 8.6% for its benchmark index, the Russell 2000, according to Morningstar, (plus or minus ER's I know not) Luck or skill? The computer software they utilize ? I do however agree with you, knowing that a 1.35% drag w/BOGLX is first and foremost a consideration at the capital investments inception. Just like the 2/20 policies and fee's that HF's operate with, its speculation. IIRC Calipers pension funds now Indexes 70%, and employs other strategies with the 30% balance. I do wonder if all alpha will disappear with time, newer technology, indexing and other st...
- Sun Jun 28, 2015 7:10 pm
- Forum: Personal Consumer Issues
- Topic: can you recommend comfortable walking shoes?
- Replies: 48
- Views: 23379
Re: can you recommend comfortable walking shoes?
Another NBalance endorsement for you, seashell. good luck!
- Fri Jun 26, 2015 9:23 pm
- Forum: Investing - Theory, News & General
- Topic: Too Much Indexing???
- Replies: 56
- Views: 11628
Re: Too Much Indexing???
HFT is manipulating index pricing blocks as we speak. In NYC or Hong Kong. Market's are so information intensive now that the ability to process that information differentiates HFT winners from the HFT losers in the global latency arbitrage of equities, bonds, commodities and most everything traded on the markets these days. I too wonder where this will lead us going forward with Indexing, things are changing, it was different 25 yrs. ago, it will be different 25 yrs. from now. jmo. Granted, but it's hard to imagine that HFT will make a difference to long term buy and hold indexers. They're shaving off fractions of pennies. Am I missing something? No, your not missing anything I'm aware of, except I too am becoming anxious of market indexi...
- Fri Jun 26, 2015 9:01 pm
- Forum: Investing - Theory, News & General
- Topic: Too Much Indexing???
- Replies: 56
- Views: 11628
Re: Too Much Indexing???
HFT is manipulating index pricing blocks as we speak. In NYC or Hong Kong. Market's are so information intensive now that the ability to process that information differentiates HFT winners from the HFT losers in the global latency arbitrage of equities, bonds, commodities and most everything traded on the markets these days. I too wonder where this will lead us going forward with Indexing, things are changing, it was different 25 yrs. ago, it will be different 25 yrs. from now. jmo.
- Wed Jun 24, 2015 9:02 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
The New Lombard Street: How the Fed became the Dealer of Last Resort , by Perry Mehrling. Again....and "Reminiscences of a Stock Operator" by Lefevere, Markman, and Jones, again.
- Thu Jun 11, 2015 8:10 pm
- Forum: Investing - Theory, News & General
- Topic: Set It and Forget It Works!
- Replies: 37
- Views: 11042
Re: Set It and Forget It Works!
Great article Rick. We have new trading technology thats being both harnessed and implemented in ways that no .gov regulator will think twice about. "Wall Street" makes a enormous amount of money creating new products. So, they will continue to do so. They get fined for they're indiscretions. But the fines are minuscule compared to the profits, so it continues.
- Mon Jun 01, 2015 8:19 pm
- Forum: Investing - Theory, News & General
- Topic: "How to React When the Bear's Hibernation Ends"
- Replies: 48
- Views: 10852
Re: "How to React When the Bear's Hibernation Ends"
With the new technology's offerings, and multiple markets offering 40 or more venues to trade on I'd suggest that perhaps there will be increasingly volatile markets. I've heard new markets vernacular involving, tic sizes, dark pools, algorithmic trading, HFTrading, all increasing the level of complexity proliferating additional volatility that can only be managed by light speed computers. Today 50-75% of trades are digitized trades, with latency arbitrage looking for the best execution similar to cat and mouse trades. Opaque trading has becoming the norm. Thanks for the link TL!
- Thu May 21, 2015 9:55 pm
- Forum: Investing - Theory, News & General
- Topic: What's so great about simplicity?
- Replies: 118
- Views: 18104
Re: What's so great about simplicity?
You asked about simplicity? Market makers are recreating electronically what humans used to do on the market floor with new IT, w/new information thats strictly for professionals only. Restating, if you do not fully understand it, well, do not try it with real currency unless you want to loose it! I tremor at the SP500's current bloat since 3/9/09. Think FB's ipo, $25.00 to - 4k spreads. I heard one exchange fell of the electronic boards altogether, nanex,(iirc). Algorithmic anomalies, flash crashes, xxxx(XXXX)xxxx, and breakdowns. Has this restored confidence in markets? Yes, by masses of new investors.
- Wed May 20, 2015 7:23 pm
- Forum: Personal Consumer Issues
- Topic: Selling old 14k jewelry
- Replies: 15
- Views: 2223
Re: Selling old 14k jewelry
You might find this Precious Metals's Purveyor's in NJ info helpful and cautionary http://www.nj.gov/oag/newsreleases12/pr20120807a.html, good luck.exoilman wrote:Where in NJ might I find a better price?
Sam
- Mon May 11, 2015 9:17 pm
- Forum: Personal Finance (Not Investing)
- Topic: Jack Bogle hates ETFs?
- Replies: 22
- Views: 3912
Re: Jack Bogle hates ETFs?
I agree with Taylor, it seems to be a headline suggesting that Jack Bogle hates ETFs that is very misleading. SPY is supposedly the most traded ETF in markets today. I'd also suggest that ETFs have become the norm, adding additional complexity chasing alpha thats shrinking.
- Mon May 11, 2015 8:57 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 7650
- Views: 1724116
Re: What Book Are You Currently Reading? Part VI
National Security and Double Government, by Michael Glennon. Its theme was "There is no two-or three party system as we are led to believe in the USA, theres us, and them".
- Wed Apr 29, 2015 9:37 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11152
- Views: 2086149
Re: What Movie Have You Recently Watched?
HANK ! on Netflix, Hank Paulsons involvement in the 09 melt down and before in the prior melt down in the 70s.
- Thu Apr 23, 2015 10:38 pm
- Forum: Investing - Theory, News & General
- Topic: A Great List of Useless Financial Porn Phrases
- Replies: 30
- Views: 6498
Re: A Great List of Useless Financial Porn Phrases
Heres one:: This investment product has all the markets "upside" with little of its "downside" is a expression i've found very telling evaluating someones motives. The upside rarely includes dividends, and is usually capped in low single digits, the downside is usually obscured in complex formulas and can decimate ones funds. That was classic Livesoft posting....