Search found 747 matches

by anil686
Mon Aug 20, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 486
Views: 71602

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I bought mine in November 2017 and did not become aware of this until Feb. my plan is to get the extended service plan and still plan on keeping it for many years - if it breaks down - I expect (maybe naively) Honda to fix it. The cost of the extended service plan I expect to be less than the loss I...
by anil686
Sun Aug 12, 2018 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7499

Re: Moving from Vanguard to Fidelity

I am pleased by the cutting of expense ratios for the index funds at Fidelity. I think it pushes competition past pricing for the first time (maybe ever) and into other areas such as security and customer service. VG will need to up its game into the future to compete IMO and that is a good/refreshi...
by anil686
Fri Aug 03, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 362
Views: 46844

Re: MoviePass-Too good to be true, but it's legit.

How do moviepass /hmny make a profit? I cannot figure out their business model,or they don't have a clear one now. but I read some negative reviews about their boss and litigation in India, fraud, money laundry etc... they were pretty transparent with how they were going to make money last year in ...
by anil686
Sun Jul 29, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 55
Views: 6338

Re: Has Anyone Tried Youtube TV?

I really like it. We switched about five months ago and now pay for internet $60/mo (75/75 up down) and Youtube tv $35 before the price change. great, easy - DVR is not the greatest because many of the networks lock the DVR skipping commercials for three to six months so you have to watch the on dem...
by anil686
Sun Jul 29, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 10960

Re: An argument against self-insuring for long-term care

From my experience with patients using LTC - it seems to be similar to FSA money in that you go through an organization (such as a home health or other agency) and they setup services and bill with the insurance company paying either the company directly or reimbursing the beneficiary. Of course, th...
by anil686
Sun Jul 15, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 303
Views: 32011

Re: Concierge medicine Worth It????

My parents’ primary care doctor switched to a concierge a few years ago. They were reluctant to join but love their doctor and they live in a somewhat remote area and he is nearby. My mom (71) was diagnosed with a tumor on her pancreas last year. The concierge service had her at Johns Hopkins (seve...
by anil686
Sun Jul 15, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 4078

Re: How often do you buy a primary residence?

I am not interested in that strategy - not financially motivated in my dislike (well maybe) because while transaction costs were deducted - there was no mention of moving costs and PIA time moving. Not to mention PIA time showing your house for sale, dealing with strangers going through your house, ...
by anil686
Sun Jul 15, 2018 3:55 am
Forum: Personal Finance (Not Investing)
Topic: Shifting from Intermediate to Short-term Bonds
Replies: 11
Views: 1703

Re: Shifting from Intermediate to Short-term Bonds

Kalo wrote:
Sat Jul 14, 2018 5:43 pm
What's IT IG?

Kalo
Intermediate term investment grade...
by anil686
Sat Jul 14, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: [How do I transfer money from Vanguard New York Municipal Money Market Fund?]
Replies: 14
Views: 774

Re: Logistics of VYFXX

I can’t speak to that particular muni fund but the national muni fund (Int med term tax exempt) has a frequent trading policy where you can sell but you cannot buy for a period of time. It is bypassed by automatic exchanges on a schedule. Otherwise - yes, you just sell what you want, when you want a...
by anil686
Sat Jul 14, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Change in Flagship Rep Service ?
Replies: 21
Views: 2375

Re: Change in Flagship Rep Service ?

I have had a rep by committee type of thing for the past year. My picture rep has gone but my emails are often answered within the same day. No complaints, but it is less personal. I don’t mind though - they are quick to respond and get me the information I need so I am happy.
by anil686
Sat Jul 14, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1674

Re: many differences in small cap indexes

I too like the SP 600 index for small caps. They are a de facto quality screen due to earnings and balance sheets. I encourage those looking at small caps to read a white paper from AQR where Asness looked at small caps. His conclusion is there is a lot of junk in small caps - one of the major reaso...
by anil686
Fri Jul 13, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Guardian and Trustee being the same person?
Replies: 4
Views: 361

Re: Guardian and Trustee being the same person?

We were advised by our lawyer to keep them separate as well. Not only for a check and balance, but it takes work too in addition to managing the investments, taxes, reporting of the estate. Add this in to the work of raising children especially if the guardian has their own children too and it was e...
by anil686
Thu Jul 12, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10222

Re: When does frugal cross the line to cheapskate?

I guess many of us (who may be frugal) know it when we see it. It becomes most obvious when making decisions based on value and utility are instead replaced blindly by decisions made purely on cost without respect to any other metrics such as convienience, value, cleanliness, ease, health or pleasur...
by anil686
Thu Jul 12, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Costco Membership
Replies: 54
Views: 7080

Re: Costco Membership

We have a local optometrist office that offers “free” repairs for kids glasses for the life of them - they cost like double but they keep their word. Maybe you have a local office where you live that caters to children’s eyeglasses.
by anil686
Tue Jul 10, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 76
Views: 10936

Re: Six stocks make up 98% of S&P 500 gains in 2018

Agree with everybody else that this is not really unusual. I think Mr. Bogle pointed out (as have others) how few a percentage of the SP 500 provide the total return over a 20 year period - I think it is like 10-15%. That is a low percentage and so the advice to hold the total market is a good one. ...
by anil686
Sat Jul 07, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: How to tip
Replies: 87
Views: 5804

Re: How to tip

Typically 20% on the entire tab. I have seen more and more restaurants printing the percentage pre-tax on the bottom of the checks recently but I still do total bill...
by anil686
Sat Jul 07, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: Anyone Tried Costco Travel Packages?
Replies: 31
Views: 3764

Re: Anyone Tried Costco Travel Packages?

We recently used Costco travel services to Costa Rica - family of four. The deal was about the same cost as booking it ourselves but we got a free breakfast per day (about $135/day value for the four of us b/c it was buffet at the resort) and transit to and from the airport in a private car. My sist...
by anil686
Fri Jul 06, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 362
Views: 46844

Re: MoviePass-Too good to be true, but it's legit.

I don’t think they ever thought they would be profitable from a subscription based model only. I think they were counting on the data sales from restaurants, movie selection, theater choice (as estabilished businesses in those areas - chain restaurants, movie studios and large theater chains) would ...
by anil686
Sun Jun 17, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9147

Re: Which Supermarket are you?

mish mash - kroger, target, costco, sams club and tom thumb in general...
by anil686
Tue Jun 12, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Do Small Caps Outperform?
Replies: 61
Views: 4494

Re: Do Small Caps Outperform?

https://www.bloomberg.com/view/articles/2015-02-23/masters-in-business-cliff-asness Cliff Asness believes there is a lot of junk in small cap. I think, personally, the SP construction of the small cap space is much better due to a quasi quality metric with balance sheets and cash flow and hence some...
by anil686
Sun Jun 10, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy into this medical practice?
Replies: 26
Views: 3168

Re: Should I buy into this medical practice?

1. Independent evaluation should not be that expensive. Most can be done for about $5-10K depending on how accurate you want it (projections/detailed analysis). That is in a different area of medicine but I can't imagine the price would differ dramatically. Typically imaging centers have a good amou...
by anil686
Sun Jun 10, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Buying CPO Lexus - any advice appreciated
Replies: 22
Views: 2026

Re: Buying CPO Lexus - any advice appreciated

I would cross shop with an Avalon - practically identical car without the L on the front. Probably half the price. +1 Also, you do not need to get service done at the Lexus dealer. I asked a question on this forum a year ago about finding a good mechanic. One of the responses was the npr website fo...
by anil686
Sat Jun 02, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 124
Views: 9481

Re: What's wrong with this critique of indexing?

I have read most of the three pages but to go to the OP original questions 1). The market is not efficient- at least not perfectly especially in small cap where there is traditionally less liquidity, less analyst coverage and possibly more mispricing. Indexing, btw, works best in inefficient markets...
by anil686
Fri Jun 01, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 1315

Re: Fidelity Tech Sector Funds?

I understand the tilting but sector funds too mean revert. I guess if you are committed to it - it may work out well for you. Have you looked at the Nasdaq index fund through Fidelity? It only has a 0.20% ER or QQQ ETF? Both are heavily slanted to tech and biotech, have a lower ER and are relatively...
by anil686
Thu May 31, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Affresh or Clorox?
Replies: 10
Views: 1111

Re: Affresh or Clorox?

I use Clorox too for my stinky LG front loader. Do you empty the reservoir in the front lower left? I do that once per month and use bleach in a load of exercise clothes/whites and it seems to keep the smell down. Just my experience...
by anil686
Sun May 20, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: Three-fund portfolio returns and variance drain
Replies: 106
Views: 10070

Re: Three-fund portfolio returns and variance drain

As the original poster of this topic, let me try to summarize what I've learned, so far: One should never think in terms of average arithmetic returns. One should think in terms of compound returns (CAGR) instead when looking at past returns. Future returns are unknown . The total bond market is le...
by anil686
Sat May 19, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Young Doctor Couple - Starting Work, Starting to Invest
Replies: 31
Views: 3155

Re: Young Doctor Couple - Starting Work, Starting to Invest

Try to live as frugally as possible as residents and read White Coat Investor’s book. My spouse and I are physicians - we have always tried to live on one salary and save the other. That has helped us a lot (we are about 15 years ahead of you guys). You don’t want to to invest more than you can affo...
by anil686
Sat May 19, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Curiosity - Kaiser docs compensation
Replies: 19
Views: 2973

Re: Curiosity - Kaiser docs compensation

You likely will not find it. Most employed physicians receive a salary but their "compensation" is significantly different. Many of them may have profit sharing plans built in, bonus schedules, pension plans and access to 457 plans (sure the 457 is from their own pocket but at a substantial tax brea...
by anil686
Mon May 14, 2018 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 6096

Re: Are bonds really needed - why not 100% stocks?

Malkiel and Ellis wrote in the “Elements of Investing” a pretty accurate analogy regarding investment risk and skiing. They wrote that every year, many people go skiing and have a great time on the slopes appropriate for their skill level. Many things in life are more enjoyable when you do them with...
by anil686
Mon May 14, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Digging Into 'Deep Value'
Replies: 42
Views: 6366

Re: Larry Swedroe: Digging Into 'Deep Value'

Going back to the OP’s post - I agree there is a difference between value factor investing and value investing. Value investing with CRSP, Russell or SP indices shows a mish mash wrt growth - companies like Johnson and Johnson appear in the top 20 (I believe) of both lists. Value factor investing sh...
by anil686
Mon May 14, 2018 3:31 pm
Forum: Investing - Theory, News & General
Topic: VYMI Vanguard International High Yield ETF Good way to get International Value tilt?
Replies: 11
Views: 1293

Re: VYMI Vanguard International High Yield ETF Good way to get International Value tilt?

It really just looks at dividend yield excluding utilities and cuts it at 50% - the highest 50% are kept and the cut off to keep in the index is a buffer to like top 55%. If you want different value characteristics like P:B or PE ratios - you may want to seek a different methodology. Maybe the Schwa...
by anil686
Thu May 10, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 33
Views: 2445

Re: Picking up New Subaru-Worth buying extended warranty?

You can often find factory extended service plans (I think that is the term for warranties) much cheaper at certain dealers who do high volume sales of them. They can be purchased separately from the car - often you can find pricing information on the Edmunds.com forums under your make/model as well...
by anil686
Thu May 10, 2018 7:45 am
Forum: Investing - Theory, News & General
Topic: GINDX Index Plus Fund -- An Index Hedge Fund
Replies: 19
Views: 1772

Re: GINDX Index Plus Fund -- An Index Hedge Fund

To the OP - have you read any of his books? His last book is pretty Bogleheadish in nature but he readily admits that when he was studying finance - the pendulum had swung from beating the market at the time Charley Ellis wrote “The Losers Game” to indexing only in the early 1980s and he still felt ...
by anil686
Mon May 07, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1579

Re: Which brokerage has the lowest ER on SP500 index fund?

Once the expense ratio is in a sub-0.05% range, then other factors are more important, aren't they? Would you rather have a 0.03% e.r. and 9.97% average annual performance over the next 10 years or 0.05% e.r. and a 10.0% average annual performance over the next 10 years? They are all SP 500 index f...
by anil686
Mon May 07, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1579

Re: Which brokerage has the lowest ER on SP500 index fund?

You should read the annual report from both funds. I think you would find it interesting because it is not exactly the listed expense ratio that’s most important but rather how closely the index fund tracks it’s target index. The Vanguard 500 index fund averages about 0.03 % behind the SP 500 Probab...
by anil686
Sun May 06, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual funds - Large CAP Funds
Replies: 4
Views: 422

Re: Mutual funds - Large CAP Funds

Thanks lack_ey, Really appreciated for the detailed response. So to answer your question "What I am looking for" - I am looking for to invest money into mutual funds to get moderate returns; I have some savings and looking to put some money into Risk portfolio since I dont have much in there; so I ...
by anil686
Sun May 06, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: AMC Movie Theaters -- typical OR not?
Replies: 61
Views: 4934

Re: AMC Movie Theaters -- typical OR not?

Sure, if you're happy with your price, that's what it buys. On Tightwad Tuesday at the local second run theater here it's like 75 cents a ticket (regularly $1.50) So I guess if I'm going to spend >10 times as much, I would expect some of the niceties you mention. In big cities, a movie ticket may b...
by anil686
Sun May 06, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Comparing 2 physician jobs
Replies: 69
Views: 6638

Re: Comparing 2 physician jobs

Just my 2cents as a fellow physician - I have seen some of my friends who are in very specialized areas of medicine take an employed job with a hospital system in the middle of nowhere with a high income guarantee out of a job in a few years. That is because if you cannot generate anywhere close to ...
by anil686
Sun May 06, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: AMC Movie Theaters -- typical OR not?
Replies: 61
Views: 4934

Re: AMC Movie Theaters -- typical OR not?

Typical now of almost all movie chains in major metros for sure. I am not sure about rural theaters yet. Many have reclining chairs as well (motorized recliners) and many in the DFW area are under $10 earlier in the day. The chains I am referring to are: Harkins, Cinemark, Alamo, AMC. Probably more....
by anil686
Sun May 06, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: Graham's Formula -- Still Applicable, Right?
Replies: 19
Views: 1664

Re: Graham's Formula -- Still Applicable, Right?

The valuations are what they are, what are you try to gauge about them? What are you comparing them to? Valuations are higher than they were in the past, there are easier ways to see that. Whether or not that they're "overvalued" is a bit subjective. You can create some formula to gauge what for yo...
by anil686
Sun May 06, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Do stocks outperform Treasury Bills? Almost never.
Replies: 25
Views: 5103

Re: Do stocks outperform Treasury Bills? Almost never.

... Looking at Morningstar, its returns are pretty indistinguishable from the SP500 since 1970. You can go back even further than that . Bogle pointed this out in Common Sense on Mutual Funds - Chapter 13 on Taxes - he cited this fund as very tax efficient (obviously no turnover) and actually outpe...
by anil686
Sun May 06, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Allocation to combine Dave Ramsey and Vanguard?
Replies: 79
Views: 7832

Re: Allocation to combine Dave Ramsey and Vanguard?

Use to listen to Dave a lot 12 years ago when I got out of debt - best 2 years of personal finance I had - really developed a budget, stuck to it, paid off oodles of debt. When I listened at that time - he recommended American Funds - I know the growth one was American Funds Growth Fund of America. ...
by anil686
Sat May 05, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Basic knowledge-inexperienced and overwhelmed
Replies: 43
Views: 3682

Re: Basic knowledge-inexperienced and overwhelmed

I agree that Schwab has similar index funds to use as Vanguard - with no minimums per se and the same costs as the admiral shares. However, before you start, you probably want to read about investing in general - starting with the wiki and https://www.etf.com/docs/IfYouCan.pdf is a good place to sta...
by anil686
Sat May 05, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: How do brokerages make $s on cheap index funds?
Replies: 57
Views: 5548

Re: How do brokerages make $s on cheap index funds?

I agree with Livesoft on this. The fees generated for not having a highly skilled portfolio manager with those sums when you have a back office that can probably do everything else makes the fees nothing but profit for these companies. Sure, one can argue - how much profit - but it is a lot. I remem...
by anil686
Fri May 04, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target retirement funds
Replies: 28
Views: 4236

Re: Vanguard Target retirement funds

When Vanguard took over administration of my employer's 401(k) Plan, they migrated all participants into age-appropriate Target Retirement Funds. Five years on, 85% of participants have elected to stay in the VG Target Retirement Funds (me included). I have had no problems with performance (mine is...
by anil686
Thu May 03, 2018 5:21 am
Forum: Investing - Theory, News & General
Topic: Explaining using the new Vanguard Factor ETFs
Replies: 2
Views: 597

Explaining using the new Vanguard Factor ETFs

Hi, I am primarily a 3 fund investor but tilt mildly to small caps - about 20% rather than 10% of domestic equities and same in the international space. I am attracted to the value factor ETF by Vanguard because of the portfolio characteristics (P/E, Earnings growth, PB) but I don’t know how these f...
by anil686
Fri Apr 27, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: International Stock and Currency Issues
Replies: 41
Views: 2970

Re: International Stock and Currency Issues

I'm trying to understand the potential downsides/upsides of international diversification as it relates to currency issues. I've read that currency fluctuations are a risk factor with international stocks, but haven't been able to gain a full understanding this issue. A specific question that comes...
by anil686
Thu Apr 26, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Do Balanced Funds Capture Returns of Volatile Market?
Replies: 13
Views: 1240

Re: Do Balanced Funds Capture Returns of Volatile Market?

I see how it "should" outperform simple buy-and-hold. However, it seems to provide approximately a return proportional to the percentage of stocks in the portfolio. Stocks up 1%, 60/40 fund up .6%, stocks down 2%, 60/40 fund down 1.2%, for example. It's good at smoothing out returns, but not captur...
by anil686
Tue Apr 24, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: If you were starting from $0
Replies: 14
Views: 1472

Re: If you were starting from $0

Another for VTI - of course depends on your tax bracket. If possible, I would keep my international in tax advantaged if I could since only 2/3rds of the dividends are qualified vs virtually all in TSM. The higher the tax bracket, the more sense it makes to me to follow that. While there is the fore...
by anil686
Tue Apr 24, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Managed Beating Index?
Replies: 35
Views: 2862

Re: Managed Beating Index?

As others have said - it is sometimes hard to compare efficiently or easily. You also want to have accurate cut off points - for example - if the five year return was calculated ending 12/31/2017 - you would have to look at the index returns of that date. For example - the Vanguard LS 60/40 fund (wi...