Search found 765 matches

by CedarWaxWing
Thu May 14, 2020 6:22 pm
Forum: Personal Investments
Topic: 401k Committee - arguing for Small Value fund
Replies: 16
Views: 1038

Re: 401k Committee - arguing for Small Value fund

I had a similar issue when I was on a 401(k) committee. Basically, the 401(k) small-cap fund violated the IPS because had underperformed enough that we could ditch it. Of course, the rep wanted to buy the latest highest performing actively-managed fund. I used the argument that if the committee con...
by CedarWaxWing
Tue Mar 31, 2020 2:40 am
Forum: Personal Investments
Topic: If you have loss harvested - check your "Realized Gains/Losses"
Replies: 14
Views: 1531

Re: If you have loss harvested - check your "Realized Gains/Losses"

Dale_G wrote:
Wed Mar 18, 2020 9:57 pm


I sent a message to my rep asking her to fix the TSM error. I washed out the FTSE gain by selling the balance of the shares today.

Trust, but verify.

Dale
You still have a "my rep"... I thought they obliterated the personal reps?
by CedarWaxWing
Fri Mar 20, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Flexible premium adjustable life insurance policy inherited - advice?
Replies: 6
Views: 246

Re: Flexible premium adjustable life insurance policy inherited - advice?

https://evaluatelifeinsurance.org/#3 Is worth looking over. James Hunt is a retired insurance actuary and for a fee (135 apparently) he will look over your policy and its results over the years and help you understand it. I did this several years ago and decided to keep a whole life policy we bought...
by CedarWaxWing
Sat Mar 14, 2020 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Google sheets vs Excel; end of life Office 2010
Replies: 37
Views: 2335

Re: Google sheets vs Excel; end of life Office 2010

runner3081 wrote:
Sat Mar 14, 2020 1:36 pm
LibreOffice
1+
by CedarWaxWing
Fri Mar 13, 2020 9:11 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 194699

Re: Bogleheads community discussion - Coronavirus

https://www.nytimes.com/2020/03/13/us/coronavirus-deaths-estimate.html The most important take home message in this article is that the earlier social distancing measures are put into effect... the better the outcome. Fewer deaths, and a more rapid reduction of the rate of spread. The experience of ...
by CedarWaxWing
Thu Mar 12, 2020 2:11 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 194699

Re: Bogleheads community discussion - Coronavirus

The new coronavirus can live in the air for several hours and on some surfaces for as long as two to three days, tests by U.S. government and other scientists have found. https://apnews.com/fe0239e95b8ad1037639ed833b990e48 That's not good. Actually it has been stated that it can live up to 9 days o...
by CedarWaxWing
Wed Mar 11, 2020 12:18 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 194699

Re: Bogleheads community discussion - Coronavirus

http://www.cidrap.umn.edu/about-us/cidrap-staff/michael-t-osterholm-phd-mph The above link is to give his qualifications background, suggesting he is a very accomplished and qualified to speak on the current situation of our epidemic of Covid=19 https://www.youtube.com/watch?v=cZFhjMQrVts&fbclid=IwA...
by CedarWaxWing
Tue Mar 10, 2020 10:14 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 194699

Re: Bogleheads community discussion - Coronavirus

Hundreds of North Korean soldiers have reportedly died from the coronavirus – and thousands of others are being quarantined. But the secretive nation's leaders are sticking to the official narrative that the global epidemic has not reached them. According to Daily NK, a South Korean news organisati...
by CedarWaxWing
Sun Mar 08, 2020 5:36 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1639
Views: 135090

Re: Coronavirus (Consumer Issues) How you are preparing?

We have a number of threads on Coronavirus, but I want this one to specifically focus on consumer issues and how you are preparing. The way I see it, risk of infection is not the same as risk of quarantine; or to put things even more broadly, risk of weathering the effects of quarantine. I do not n...
by CedarWaxWing
Sat Mar 07, 2020 6:33 pm
Forum: Investing - Theory, News & General
Topic: Preparation for ZIRP/NIRP (zero/negative interest rate policy)
Replies: 101
Views: 7484

Re: Preparation for ZIRP/NIRP (zero/negative interest rate policy)

There could be an asteroid from outer space full of gold, silver and platinum ( :D ), but I'm talking about what's available on Earth right now. Psyche 16 is one such asteroid https://www.foxnews.com/science/nasa-headed-towards-giant-golden-asteroid-that-could-make-everyone-on-earth-a-billionaire I...
by CedarWaxWing
Thu Mar 05, 2020 2:34 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 194699

Re: Bogleheads community discussion - Coronavirus

An interview with Peter Hotez, Md, Phd in regards to our current situation in regards to Covid-19. He is an expert in vaccine development and tropical diseases and he and his team have already done a great deal of work on a corona virus vaccine. This interview is being done in the informal ZDoggMD f...
by CedarWaxWing
Wed Mar 04, 2020 8:31 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 194699

Re: Bogleheads community discussion - Coronavirus

Well people I am really confused about what to do personally. Please advise. I am sponsoring and paying for my kids and grand kids and family to travel to my Phoenix home in two weeks (March) for a big family reunion. It will last for 6 days and let us talk and visit as a group for the first time i...
by CedarWaxWing
Mon Mar 02, 2020 7:34 pm
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 9984

Re: Another Edward Jones and other Financial Advisor Lessons

My simple rule when I deal with anybody is if they can answer How and Why. Ask any FA to explain their investments choices with those two questions in mind and most of them wouldn't be able to honestly answer. I agree with such an approach, but the way many of them (if they were properly indoctrina...
by CedarWaxWing
Mon Mar 02, 2020 7:05 pm
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 9984

Re: Another Edward Jones and other Financial Advisor Lessons

Here is my free book from 1999. Not much has changed. Serious Money: Straight talk about investing for retirement. Rick Ferri Thanks Rick... I enjoyed reading your book on asset allocation a few short years ago. (And also enjoyed one by Bill Bernstein on asset allocation... And readings from J. Bog...
by CedarWaxWing
Fri Feb 28, 2020 1:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Your data are not available at this time. Please try again later.
Replies: 23
Views: 1377

Re: Vanguard: Your data are not available at this time. Please try again later.

I would not be concerned.

A lot of webpages are slow the last couple of days, including bogleheads.org.

That may well be due to a much greater work load of people logging on than usual.

That is not a critical event.
by CedarWaxWing
Wed Feb 26, 2020 5:10 pm
Forum: Personal Consumer Issues
Topic: Cancel flights due to coronavirus concerns?
Replies: 76
Views: 7946

Re: Cancel flights due to coronavirus concerns?

59 Cases of Covid-19 identified in the USA at this time, 6 of whom are considered recovered, no deaths from it in the USA thus far. The odds of coming into contact with someone who is contagious with Covid-19 is not likely... but no one can say it is not possible. If the trip is planned and paid for...
by CedarWaxWing
Fri Feb 21, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: "The "Everything Rally" Continues - Will this end badly?
Replies: 144
Views: 13431

Re: "The "Everything Rally" Continues - Will this end badly?

[/quote] Well said. OTOH, you have to learn to live with uncertainty. Or else, they wouldn't call it investing - unless they're trying to muddy the waters and sell you something. [/quote] We have to deal with uncertainty in most parts of our lives... Doing so in our investments is not much different...
by CedarWaxWing
Mon Feb 17, 2020 12:22 pm
Forum: Personal Investments
Topic: Father-in-law "trapped" in a "teaser" interest rate deal from Merrill Lynch
Replies: 34
Views: 3516

Re: Father-in-law "trapped" in a "teaser" interest rate deal from Merrill Lynch

"Recently, his Merrill guy (young guy who inherited his account after his former guy died of old age) has been pushing him very aggressively to go into structured products, insurance annuities, managed accounts, A share actively managed funds, and God knows what else. It has been aggressive enough t...
by CedarWaxWing
Wed Feb 12, 2020 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 133259

Re: How much money do you want to retire?

I can also tell you that every time we hit our number, it appears we find new ways to spend money and our "want to retire number increases." So maybe there is no limit. It sure sounds like this is at work. https://ilovekadampabuddhism.files.wordpress.com/2018/12/hedonistic-treadmill-1.png?w=366&h=2...
by CedarWaxWing
Tue Feb 11, 2020 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: HS senior to-be is telling us he is thinking about majoring in Economics...
Replies: 75
Views: 6436

Re: HS senior to-be is telling us he is thinking about majoring in Economics...

He can study anything that turns him on but he ought to be aware that computer science is not the same as coding when it comes to making $ and that economics is not the same as a CPA. Fortunately he can learn coding while studying any subject, at any level, and become a CPA if salaries are not high...
by CedarWaxWing
Thu Feb 06, 2020 6:59 pm
Forum: Personal Investments
Topic: Suppose you inherited 150K (but) only have two choices*
Replies: 30
Views: 1988

Re: Suppose you inherited 150K (but) only have two choices*

Mortgage. You need a place to live even if you become unemployed, or income drops significantly. You don't need to have a portfolio (assuming you have emergency funds).. unless you have excess income... so start investing what used to be your mortgage payments... monthly. The dollar cost average eff...
by CedarWaxWing
Sat Feb 01, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5392
Views: 484531

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

As a nerd, I made sure that this assumption had some validity by reading some target volatility investing papers . Further, I have been reading people using TQQQ instead of UPRO. Unfortunately, I don't think this is wise because of the increased volatility decay. Any links to those papers? I have i...
by CedarWaxWing
Sat Jan 18, 2020 12:10 am
Forum: Personal Investments
Topic: Opinions on Brighthouse Shield Annuity?
Replies: 11
Views: 904

Re: Opinions on Brighthouse Shield Annuity?

Here's a Forbes column I did on these horrible products some time ago. Run, don't wslk! https://www.forbes.com/2010/08/10/truth-about-equity-indexed-annuities-personal-finance-bogleheads-view-lindauer.html#680cf0da1257 Thanks Mel (and Taylor also). About the year you wrote that article a friend of ...
by CedarWaxWing
Fri Jan 17, 2020 6:53 pm
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 18912

Re: Favorite country to live in after FIRE?

We had always discussed retiring to Costa Rica (we visited Arenal, Monteverde and Manuel Antonio) but they have no military so that is a concern, being invaded. Invaded by whom? Panama is in the South, they have no army either. Nicaragua? no way. My main issue with Costa Rica is that, from my limit...
by CedarWaxWing
Sun Jan 12, 2020 4:24 pm
Forum: Personal Investments
Topic: T. Rowe Price Claims they consistently beat Indexing
Replies: 43
Views: 8818

Re: T. Rowe Price Claims they consistently beat Indexing

If consistency is what you value, here are two things to think about: 1) TRP funds do what they say they do and generally avoid the zigs and zags that some other active funds are known for (or the frequent index changes that some passive funds do) and 2) Its allocations in retirement and personal s...
by CedarWaxWing
Fri Jan 10, 2020 12:08 am
Forum: Personal Investments
Topic: Should I be investing in bonds in my Roth IRA
Replies: 6
Views: 760

Re: Should I be investing in bonds in my Roth IRA

Certainly Roth before taxable, but can you put them in the pre-tax 457? Edit: Looks like almost your entire portfolio is Roth. So there's your answer. They go in Roth. But why are you not using more pre-tax? That's not something I have regularly contributed to in years, but after reading this forum...
by CedarWaxWing
Mon Jan 06, 2020 11:41 pm
Forum: Investing - Theory, News & General
Topic: What do you guys think about a career in insurance sales?
Replies: 80
Views: 5747

Re: What do you guys think about a career in insurance sales?

"My graduate degree is in hospitality management, specifically hotels" Are you in sports management, or hospitality management? One of your posts suggested your mentor at school could get you a trainee position that would lead to working in management after a training period... why not do that? Sell...
by CedarWaxWing
Sat Jan 04, 2020 10:48 pm
Forum: Personal Investments
Topic: Inheritance in wife’s name or both spouses?
Replies: 78
Views: 6393

Re: Inheritance in wife’s name or both spouses?

Married 46 years. I set up our trust to be divided in to equal shares - upon our passing - among the kids because I believe a girl should have some money of her own, when possible, just in case. (Boy, that sounds sexist.) My wife and I both worked, and both spent some times at home raising the kids...
by CedarWaxWing
Thu Jan 02, 2020 9:47 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13741

Re: Sister wants advice since I disagreed with her financial advisers.

Have your sister read this and then ask her why Edward Jones didn't mention these options: https://obliviousinvestor.com/sep-vs-simple-vs-solo-401k/ In regards to the EJ person "explaining" things to you... he/she is most certainly obfuscating things... and giving sales pitches, not providing any s...
by CedarWaxWing
Fri Dec 06, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Why I love banks
Replies: 79
Views: 10353

Re: Why I love banks

face. She made it clear that she prefers if I invest actively with them. Ok, I said, what's the fee? Get ready for it: 1.45%. I came very close to laughing her out of the room but I decided that would have been impolite. Just for kicks and giggles, I did look at their active fund. Does it outperfor...
by CedarWaxWing
Sat Nov 30, 2019 8:32 pm
Forum: Investing - Theory, News & General
Topic: who here is tempted to pullback on stocks?
Replies: 142
Views: 35407

Re: The Whoopee Allocation

... I've got another.. since you are sitting at 40/60 now, the whole 60 is in the Total Bond Fund? Your inflation protected fixed-income is coming via the TBF allocation? No. Total Bond, despite its name, leaves out several types of bonds, among them inflation-protected ones. I'm pretty happy with ...
by CedarWaxWing
Tue Nov 12, 2019 5:30 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 150
Views: 13020

Re: Changes to Morningstar Website?

I am a long time M* premium customer, and this may be the last straw for me. I have always found their website clunky (with sporadic technical problems), but now I can't even log into my Portfolio Manager page. I click on the "Sign-in" button, and it says I am already signed in. :oops: I have had s...
by CedarWaxWing
Tue Nov 12, 2019 4:26 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 25273

Re: Holding bonds vs 100% equities

<<Catchphrases like "you have to survive in order to succeed" imply that personal finance decisions can lead to death, and really rile me up. >> Why? Just because you are lucky enough not to face this kind of decision, it does not mean it is not true for others. KlangFool Are you really suggesting ...
by CedarWaxWing
Mon Nov 11, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 99
Views: 9349

Re: Should I buy the family cottage?

I would discuss it is full with your siblings and get their expressed approval of the deal, while letting them know you plan on sharing it with them liberally, and especially hope to continue having the families get together there, just as in the past. Agree on how everyone who goes there... leaves ...
by CedarWaxWing
Sun Nov 10, 2019 12:29 am
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 192
Views: 16483

Re: Spend It All vs. Leave $$ for the Kids

Parents can provide many things, knowledge but knowledge or skills alone are not the liquid form of exchange in the modern world. Hence, the nature of the question. BTW, not a boomer! Given the choice between wisdom and money, wisdom is robustly superior. Just look at how lottery winners almost uni...
by CedarWaxWing
Fri Nov 08, 2019 8:43 pm
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 58
Views: 4247

Re: Talk Me Off the Active Investing Ledge!

" (seems to act like a small mutual fund)" Ok... small... so post the stocks in it and some folks will tell you why it did well... and again, that is NOT a measure of how it WILL do over the next 5 years. From Stanford... is just part of the sales pitch. That has no bearing on how this portfolio wil...
by CedarWaxWing
Wed Nov 06, 2019 2:22 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1897

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

Clarice wrote:
Wed Nov 06, 2019 2:16 pm
I do not agree. If I have a limited amount of money to prepay one loan or the other then I save more interest dollars today by paying towards the amortizing loan...
Please show your math in regards to how you come to this conclusion.
by CedarWaxWing
Fri Nov 01, 2019 4:34 pm
Forum: Personal Investments
Topic: Safe Harbor 401K - Recommendations?
Replies: 9
Views: 896

Re: Safe Harbor 401K - Recommendations?

3900/8 = 475 per person per year. That is not a bad deal, esp if you are getting Institutional shares. Our group has about 50-60 people, and we are paying 525 per year ... per person. Sounds like a lot maybe, but as the funds increase in value... the % costs will seem less important. It is still les...
by CedarWaxWing
Wed Oct 30, 2019 7:02 pm
Forum: Investing - Theory, News & General
Topic: Christine Benz article on door to door financial people
Replies: 59
Views: 7061

Re: Christine Benz article on door to door financial people

Not all advisors that go door-to-door are bad and not all those that never had to are good. In fact, seeing someone with a bit of gumption in today's society might actually be refreshing! Lastly, I left Edward Jones over 10 years ago for many reasons and some of them have to do with what this artic...
by CedarWaxWing
Mon Oct 28, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Medical billing vent
Replies: 9
Views: 1255

Re: Medical billing vent

had a discussion with my primary doc a couple weeks ago. he said he has no idea how much he's going to get paid when he sees a patient (because the insurers are different and even if several people have the same insurer, they may all have different plans/coverages), but somehow it all works out in ...
by CedarWaxWing
Mon Oct 28, 2019 6:14 pm
Forum: Personal Consumer Issues
Topic: Window well problems
Replies: 10
Views: 798

Re: Window well problems

1+ to Fortfun and Dudley. I would define your entire drainage system if you are not already intimately familiar with it before blaming this all on the sump pump/pipe. For the downspouts: You may wish to pick a dry day... and run a hose into each roof gutter near the down spouts and check for it back...
by CedarWaxWing
Sat Oct 26, 2019 7:37 pm
Forum: Personal Investments
Topic: Do You Pay For Financial Advice?
Replies: 76
Views: 5240

Re: Do You Pay For Financial Advice?

No. However, at age 28 had a stock broker for 8 months, since he was recommended by on older person in my field of study. I fired him because at about 8 months he wanted to start churning instead of sticking to my expressed desire to buy long term holdings to keep for decades. Then I simply saved li...
by CedarWaxWing
Sat Oct 26, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need a trust? (MIL to keep extended family away from assets)
Replies: 20
Views: 3932

Re: Do we need a trust? (MIL to keep extended family away from assets)

There are some resources on elder abuse that all folks with at risk elders in the family may want to read through: https://ncea.acl.gov/ https://www.elderabusecenter.org/ https://www.cdc.gov/violenceprevention/elderabuse/resources.html Police departments may not be of much help unless there is physi...
by CedarWaxWing
Fri Oct 25, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 16537

Re: I no longer plan on retiring early

Hello Bogleheads, I wanna share this « milestone ». I have pursued early retirement for the past 6-7 years and If things go smoothly, I should hit my number in 3-4 years, and retire prior to hitting 50. That was the plan. According to our IPS, number to retire was 2M, spouse wants to keep working f...
by CedarWaxWing
Wed Oct 23, 2019 10:08 pm
Forum: Personal Investments
Topic: talk to a new guy [Advisor recommends Midland National Endeavor 8]
Replies: 21
Views: 2039

Re: talk to a new guy [Advisor recommends Midland National Endeavor 8]

Here's a Forbes article I did on these lousy things some time ago. They got such a terrible reputation that they actual changed the name, hoping thatt would fool consumders into thinking it was a new product. It was still the same lousy annuity with a new name. Run, don't walk. https://www.forbes.c...
by CedarWaxWing
Mon Oct 07, 2019 3:06 pm
Forum: Investing - Theory, News & General
Topic: A, B and C mutual fund shares: example
Replies: 15
Views: 1422

Re: A, B and C mutual fund shares: example

GLState's examples are exactly what I needed, thank you. I am actually not looking to buy or recommend load funds, but I am creating a presentation that needs to illustrate how loads and share classes work. Thank you, all! Morningstar USED to make it very easy to find and compare the different clas...
by CedarWaxWing
Thu Oct 03, 2019 2:14 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 10431

Re: Merrill Lynch Advisor wants to meet for coffee

I recall your stories regarding Merrill Lynch Taylor. Believe you had mentioned that "you no longer had a friend" correct? Abuss368: For more than 10 years my wife and I had our securities with a Merrill Lynch broker who owned a large sailboat. Each year he would invite us to spend a day sailing wi...
by CedarWaxWing
Wed Oct 02, 2019 6:19 pm
Forum: Personal Investments
Topic: Kids Investment Account
Replies: 30
Views: 2328

Re: Kids Investment Account

You cannot give your IRA to your daughter if you are alive. If you want to help your daughter start an ira: 1. Her having making a contribution to a traditional IRA or a Roth IRA is not affected by your income, but does require that she have earned income of her own. https://www.irs.gov/retirement-p...
by CedarWaxWing
Wed Sep 25, 2019 10:03 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 10431

Re: Merrill Lynch Advisor wants to meet for coffee

Merrill Lynch advisor recently contacting me to meet for coffee and discuss financial strategies. How should I respond? I don't have any interest to invest with Merrill Lynch. Just wanted your feedback on how to reply. Thanks! in about 1972 when I took a year out of school to earn more college fund...