Search found 192 matches

by Vulcan
Thu Oct 18, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 75
Views: 5069

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

My .02. There are two topics that are endlessly debated on this forum, when to take social security and if one should pay off a house. I suspect in most cases the decision is so close that there is no right or wrong answer. If you would like the security of no house payment, pay it off. If you want...
by Vulcan
Wed Oct 17, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 75
Views: 5069

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

It is unknowable in advance whether paying off mortgage is better than investing the funds. To complicate things, the potential rate of investment return will, of course, depend on what those funds are invested into. Even those who locked in the record low fixed interest rate are unlikely to see ri...
by Vulcan
Wed Oct 17, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 75
Views: 5069

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

It is unknowable in advance whether paying off mortgage is better than investing the funds. To complicate things, the potential rate of investment return will, of course, depend on what those funds are invested into. Even those who locked in the record low fixed interest rate are unlikely to see ris...
by Vulcan
Mon Oct 15, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10083

Re: Short Term Bond yield over 3%

KlangFool wrote:
Tue Oct 09, 2018 4:06 pm
Please explain to me why folks are paying off the fixed-rate low-interest mortgage when the interest rate is going up.
To hide assets from college finaid formulas (FAFSA and some CSS profile schools).

http://www.thecollegesolution.com/will- ... id-chances
by Vulcan
Sat Oct 13, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Public companies as proxies for capitalism as a system
Replies: 9
Views: 777

Re: Public companies as proxies for capitalism as a system

A similar question is what happens to the Western stock markets as Chinese state-owned quasi-capitalist companies continue to command larger share of global profits.

Where is it written that the profits must belong to the golden billion, and not stay in the countries where goods are actually made?
by Vulcan
Wed Oct 10, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 5725

Re: Subaru: Crosstrek or Outback?

Don't they spec 0-weight oil in this thing now? No surprise that it uses a bit of oil. Not sure what they spec, but Subarus had this problem for many years, and I personally will not buy a new vehicle whose manufacturer wants me to check oil level "at least" every other fill-up. Others might find t...
by Vulcan
Wed Oct 10, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 5725

Re: Subaru: Crosstrek or Outback?

Family of four, kids ages 4 and 7. Spouse daily driver, live in a large city (Atlanta), and spouse wants maneuverability and easy to park. Daily it will be driving around all four of us due to how we carpool and drop the kids off at school and daycare. It will also be a weekend getaway vehicle for ...
by Vulcan
Mon Oct 01, 2018 6:24 pm
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 111
Views: 7732

Re: Barron's Making the Case for Gold

GRP wrote:
Mon Oct 01, 2018 5:58 pm
There's always a case for gold. In fact, it should form the core of everyone's portfolio as a form of universal money -- just in case. 10% or so core holding in gold should be at the heart of any investor's assets.
Why not bitcoin? /sarcasm
by Vulcan
Mon Sep 24, 2018 2:26 pm
Forum: Investing - Theory, News & General
Topic: Are Government Back Bonds or FDIC Insured accounts more at risk of Default?
Replies: 33
Views: 1760

Re: Are Government Back Bonds or FDIC Insured accounts more at risk of Default?

There is one somewhat insignificant difference between the two instruments. Banks can and do fail, and if there is no buyer your money will be tied up for a few days or even a week as the FDIC process goes through. That is not what typically occurs, I believe. In most cases FDIC enters into a conse...
by Vulcan
Sun Sep 23, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Very real. Be sure to have some gold. Cyber gold or physical gold? Though I do not have hard data, I think, statistically, one's risk of irretrievably losing their physical gold holdings is much higher than that of their permanently losing their Vanguard/Fidelity/Schwab holdings due to a cyber atta...
by Vulcan
Sat Sep 22, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Here is an excellent recent article "Before You Turn On Two-Factor Authentication…" Aug 14, 2018, https://medium.com/@stuartschechter/before-you-turn-on-two-factor-authentication-27148cc5b9a1 Victoria Agree, that's a great article. Thanks. And here's an article that mirrors my point re: using Googl...
by Vulcan
Fri Sep 21, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Vulcan, I apologize for the misspelling of "Belarusian". My first language is Russian So is everybody's in Belarus. I find the whole thing funny, which is easier from the distance, and actually still say "Belorussia" myself. Cue Pesniary :wink: I am mostly a lurker, but will gladly use this chance ...
by Vulcan
Fri Sep 21, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Earlier, I mentioned that a Vanguard client might fail to live up to their responsibilities under Vanguard's reimbursement promise while doing a bunch of other security stuff. The pledge requires: "Make sure that any computer or device you use to access your accounts has up-to-date anti-virus and a...
by Vulcan
Fri Sep 21, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Given the length of this thread and the depth of technical discussion, we really need a hero to step up and provide succinct "best practices" guidelines in layman's terms. Maybe one "essentials" guide for the majority of people, and maybe another guide for those who want absolutely rigorous securit...
by Vulcan
Fri Sep 21, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Google has found security keys are a big improvement in security. Requiring employees to use security keys eliminated successful phishing attempts. I hope we can agree that phishing is a very real concern for just about everyone even if SIM swaps and number porting are not. As was pointed out earli...
by Vulcan
Fri Sep 21, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Concerns about security of SMS are overblown. Well over 99.999% of people will never have their phone number ported out by a malicious actor, a couple of well-publicized celebrity cases notwithstanding. For them, using SMS as a second factor is a HUGE improvement over not having a second factor at ...
by Vulcan
Fri Sep 21, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

No there is no way to disable the SMS at this time I believe we discussed this earlier. Use Google Voice. You will get your SMS via email. Yes. You can also have your verification code sent to a land line via voice rather than SMS. All these work around tactics that firms are requiring are exhausti...
by Vulcan
Fri Sep 21, 2018 6:57 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

damjam wrote:
Tue Sep 18, 2018 8:04 pm
No there is no way to disable the SMS at this time
I believe we discussed this earlier. Use Google Voice. You will get your SMS via email.
by Vulcan
Mon Sep 17, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: Four International ETFs that are better diversifiers than VXUS
Replies: 28
Views: 2263

Re: Four International ETFs that are better diversifiers than VXUS

vineviz wrote:
Mon Sep 17, 2018 2:17 pm
ThrustVectoring wrote:
Mon Sep 17, 2018 12:23 pm
By default, you want market cap weighting.
That might be your default. It’s not everyone’s.
You're right. My default is VT.

Can you explain why it shouldn't be?
by Vulcan
Sun Sep 16, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: [AARP Article re: ID Theft & Dark Web]
Replies: 32
Views: 3996

Re: Dark Web Article

3. Use a Password Manager Browser autofill integration was once thought to be primarily a convenience feature, but these days it's actually a really important security feature. Your password manager should be doing 2 things for you: Ensuring a unique password for every site Ensuring your user/passw...
by Vulcan
Sat Sep 15, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

What happens if you lose your phone? I know you can often remotely disable or even wipe them. But then what? All those accounts that depended on some type of authenticator that resided on the phone are now locked. Yes you can have an alternate recovery option, which as discussed, is often SMS. So y...
by Vulcan
Sat Sep 15, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

The best way to mitigate the risk associated with phones/SIM cards is not to use cell phone numbers for 2FA. Use Google Voice instead. Text messages come into your Google Account that is in turn protected by 2FA. No excuses. I have had several institutions somehow detect Google Voice numbers and re...
by Vulcan
Sat Sep 15, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

For GMail you would use Authenticator app for 2FA. Nothing gets sent anywhere. Google Mail can also be secured with a Yubikey. I have Yubikey as primary 2FA on my Gmail with Authenticator as secondary. I don't like a physical second factor. I know it is more secure in theory, but in practice it is ...
by Vulcan
Sat Sep 15, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

The most common weakness of a less than fully robust 2FA like a text code is when it is used for password reset. In this scenario the password is not needed, just the phone to be compromised. That is not the case for Google accounts. Receiving a code is only one of the steps in their password recov...
by Vulcan
Fri Sep 14, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

All your financial accounts and primary email accounts must be configured for 2-Factor Authentication, and you must make sure that your two factors are entered over different devices. You don't want someone to penetrate your smartphone and gain access to both of your factors. 2FA doesn’t offer all ...
by Vulcan
Fri Sep 14, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

VictoriaF talked about the concept of Single Point of Failure . People's smart phones have become just that, a single point of failure. Almost every site/app that offers 2fa defaults to SMS as the last ditch recovery option. It's extremely frustrating. What's the point of having a strong front door...
by Vulcan
Fri Sep 14, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

However, have you every tried testing gmail to see what it does when you "lose" your second factor? My very unscientific study into the matter turned up this: It seems if you keep answering no to the question of "do you want to use ... method" it eventually lands at sending an SMS to the phone numb...
by Vulcan
Fri Sep 14, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off 3.125% 152k mortgage early?
Replies: 37
Views: 3200

Re: Pay off 3.125% 152k mortgage early?

One good reason to pay mortgage off early vs leaving funds in taxable accounts is to take assets off (most) college financial aid formulas.
by Vulcan
Fri Sep 14, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

Vulcan wrote:
Fri Sep 14, 2018 4:05 pm
For GMail you would use Authenticator app for 2FA.
Nothing gets sent anywhere.
On newer Android phones you can also use phone prompts, with one-time codes saved as last-ditch backup.
by Vulcan
Fri Sep 14, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

I'm having are hard time trying to untangle this in my head, so please bear with me. Keep in mind I know nothing about Goggle Voice and that would probably explain part of my confusion. I think you're suggesting that I set up Google Voice as the recipient of SMS type 2fa for various accounts. Then ...
by Vulcan
Fri Sep 14, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

The best way to mitigate the risk associated with phones/SIM cards is not to use cell phone numbers for 2FA. Use Google Voice instead. Text messages come into your Google Account that is in turn protected by 2FA. No excuses. Please correct me if I'm wrong, but don't you have to have a phone number ...
by Vulcan
Fri Sep 14, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 9995

Re: How real is cyber risk?

The best way to mitigate the risk associated with phones/SIM cards is not to use cell phone numbers for 2FA.

Use Google Voice instead. Text messages come into your Google Account that is in turn protected by 2FA.

No excuses.
by Vulcan
Fri Sep 14, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Pay off 3.125% 152k mortgage early?
Replies: 37
Views: 3200

Re: Pay off 3.125% 152k mortgage early?

Mortgage debt = 152k fixed 3.125% ($750/month payment) I try to have a Vulcan approach to investing but I must admit I am a little bit more like Spock (emotional component to paying off debt). I'm not a Trek enthusiast, but wasn't Spock a Vulcan, and non-emotional? Well, if no one else will comment...
by Vulcan
Tue Sep 11, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

If it was going to be market weight I'd just hold VT then, unless the theoretical fund was cheaper. Either way, not much point in further discussing something that probably won't even happen. :happy Just trying to understand why someone would hold fund of funds, but would not hold the regular versi...
by Vulcan
Tue Sep 11, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

Regarding the rebalancing, if VTI/VXUS were to be held at fixed weights (e.g. 60/40 as in the LS, TD funds) wouldn't they need to rebalance if individual fund performances throw the allocation out of whack? VT doesn't need to because it's based on market cap. It just drifts along with the market. T...
by Vulcan
Tue Sep 11, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

VTI/VXUS combine to hold more stocks, if you believe that to be an advantage. VTI/VXUS would rebalance between the two funds, whereas VT would just shift with the market, if you believe that the ability to rebalance would be an advantage. I don't know that either aspect would objectively make such ...
by Vulcan
Sat Sep 08, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

arf30 wrote:
Sat Sep 08, 2018 5:27 pm
I wouldn't mind an ETF of VTI/VXUS (which VT is not).
In what ways would it be better than VT?
by Vulcan
Sat Sep 08, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Using Lastpass as your password manager
Replies: 34
Views: 3716

Re: Using Lastpass as your password manager

I use KeePass. The database is a tiny encrypted file that is stored locally (on an encrypted TrueCrypt volume, but that isn't necessary). I then back it up to DropBox so I can download and open it on any device that has a Dropbox and KeePass client (e.g. my phone). I could just as easily posted it o...
by Vulcan
Fri Sep 07, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

You do not think this information is priced in? No. Exhibit A is Japanese Treasury bonds which, if you index, are going to be your biggest position in a total international bond fund. Bond yields reflect many things including internal monetary policy and deeply ingrained domestic cultural practices...
by Vulcan
Thu Sep 06, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

Whoa, slow down. Bndw in choosing its index made a conscious choice to underweight Tips. You’ll have to use 3 funds to get market weight. In a global market weight bond portfolio TIPS currently represent less than 4% (~50% of ~8% they represent in the US government debt marketable securities - and ...
by Vulcan
Thu Sep 06, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

MnD wrote:
Thu Sep 06, 2018 5:16 pm
I don't think "biggest debtors", be it individual issuers or countries is a good criteria for weighting bond investment selections.
You do not think this information is priced in?
by Vulcan
Thu Sep 06, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

nisiprius wrote:
Thu Sep 06, 2018 5:07 pm
So, when do they announce a VT + BNDW ETF-of-ETFs?
:)
Most people prefer to have their stock/bond ratio at levels different from market cap.

Interestingly though, the market cap ratio currently appears to be close to commonly recommended 60/40 ;)
by Vulcan
Thu Sep 06, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5539

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

whodidntante wrote:
Thu Sep 06, 2018 2:02 pm
Expense ratios are so 2017.
3 fund portfolio is what's 2017

With VT's expense ratio where it's at and now this new fund all one needs to be globally diversified at market cap is VT+BNDW.
by Vulcan
Thu Sep 06, 2018 7:16 am
Forum: Investing - Help with Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 4064

Re: Psychology of saving for college vs retirement

Assets in retirement accounts (and HSA) are sheltered from financial aid calculations. That is one more reason to fund them to the maximum first, and a very strong one at that. Moving assets from taxable into home equity also removes them from federal and some private aid calculations, so paying off...
by Vulcan
Wed Sep 05, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 100K
Replies: 13
Views: 1563

Re: What to do with 100K

David Jay wrote:
Wed Sep 05, 2018 6:00 pm
The market spends 60% of the time at-or-near new tops.
I would be interested in seeing the source for this data point.
Including the definition of "near":-)
by Vulcan
Wed Aug 29, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: International investing and currency risk - why do it?
Replies: 43
Views: 2977

Re: International investing and currency risk - why do it?

You invest internationally in case your home country is the next Japan, Venezuela, or USSR.

"It can't happen here". The famous last words.
by Vulcan
Thu Aug 16, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1166
Views: 96474

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

No matter how efficient the market is, it cannot change the fact that a European investor buying European stocks with euros experiences less risk than a US investor buying those identical European stocks with dollars, and that a US investor buying US stocks in dollars experiences less risk and the ...
by Vulcan
Thu Aug 16, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1166
Views: 96474

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Yet the people holding non-Australian stocks don't seem to be working hard to find reasons ... it's almost as if they think that no reason is even needed to invest in worse-performing countries like the US. Indexing the US market did not violate the basic principle of the Boglehead strategy which i...