Search found 258 matches

by 92irish
Sun Nov 22, 2020 3:09 pm
Forum: Investing - Theory, News & General
Topic: VGENX/VGELX Transition
Replies: 16
Views: 763

Re: VGENX/VGELX Transition

I think this also illustrates an issue with active management funds - that being style drift. I am not necessarily saying whether this change will be a good thing or bad thing from a future performance perspective (because I have no way of knowing), but this fund is now not what it used to be. If yo...
by 92irish
Sun Nov 22, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: VGENX/VGELX Transition
Replies: 16
Views: 763

Re: VGENX/VGELX Transition

As previously announced, the managers of the Vanguard Energy Fund (VGENX/VGELX) as of 10/31/20 significantly repositioned this fund to match its new index MSCI ACWI Energy & Utilities. The fund now has 53% in utility stocks. Quite a change! Remember this is the actively managed fund (not the ind...
by 92irish
Tue Nov 10, 2020 7:18 pm
Forum: Personal Consumer Issues
Topic: New Car Scratch: Fix Completely or Partially?
Replies: 32
Views: 1747

Re: New Car Scratch: Fix Completely or Partially?

If you go the touch up route (which I've done for deep scratches), consider buying super fine paint bush (on Amazon or whatever). The brush or tips on a touch up bottle are always junk. As another point of advice - don't swipe the fine tip brush on the scratch, but rather dab (like you are tapping i...
by 92irish
Thu Nov 05, 2020 3:16 am
Forum: Personal Investments
Topic: FTBFX 10/2020 Capitol Gain $0.306 per share
Replies: 2
Views: 320

Re: FTBFX 10/2020 Capitol Gain $0.306 per share

As interest rates have fallen, the price of the bonds in the portfolio have gone up. FTBFX is not an index fund so it is actively managed (buying/selling bonds) and when it does trade it creates taxable recognition events. Those gains from active trading are passed on to its shareholders. Active fun...
by 92irish
Thu Oct 29, 2020 11:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard Energy & Oil
Replies: 88
Views: 5928

Re: Vanguard Energy & Oil

I own a little of both the ETF (VDE) and more of the active mutual fund VGELX. I prefer the active fund if you are thinking long term as it has a broad range of stock (including the international majors such as Shell, Total, BP, and some energy producing utilities); whereas the ETF (VDE) only has US...
by 92irish
Mon Oct 05, 2020 3:08 pm
Forum: Personal Consumer Issues
Topic: PSA: don't be stranded by a dead key fob battery
Replies: 50
Views: 5332

Re: PSA: don't be stranded by a dead key fob battery

Not sure how many other car brands have this feature, but for my BMW there are two fail safes. The first is the key fob actually separates and there is a built in "valet" type key that can get you in the car. Then under the steering column there is a painted key insignia that if you put yo...
by 92irish
Mon Sep 14, 2020 3:44 pm
Forum: Personal Investments
Topic: Substituting bond with RE/utility ETFs?
Replies: 46
Views: 2912

Re: Substituting bond with RE/utility ETFs?

To the OP - if you have a 20+ year horizon and can handle some volatility, I think you are on the right path to consider 100/0 (stocks/bonds). If you don't need the money in a year or two, bonds are just not going to give you a strong long term returns. I have upped my equity allocation a couple mon...
by 92irish
Fri Sep 11, 2020 3:10 pm
Forum: Investing - Theory, News & General
Topic: What is going on with Vanguard International REIT / Real Estate Fund
Replies: 23
Views: 2659

Re: What is going on with Vanguard International REIT / Real Estate Fund

I read somewhere (at some point) that many international REITs especially in Asia pay only one dividend per year (in December). That might be part of the reason why there is typically a smaller dividend for this fund throughout the year and a bigger one in December.
by 92irish
Fri Sep 11, 2020 3:00 pm
Forum: Personal Investments
Topic: Fidelity REITs
Replies: 20
Views: 3792

Re: Fidelity REITs

Zonto: The index used by FSRNX (Dow Jones US Select Real Estate Index) did not previously include net lease REITs (such as Realty Income, WP Carey, National Retail Property, and others), nor did it include specialized REITs that owned things like cell towers (such as American Tower and Crown Castle)...
by 92irish
Thu Sep 10, 2020 3:03 pm
Forum: Investing - Theory, News & General
Topic: VGENX/VGELX Transition
Replies: 16
Views: 763

Re: VGENX/VGELX Transition

This fund already has 15% of the portfolio in utilities, such as NextEra, Duke, etc. The announcement was a little vague about how much more they may move away from the traditional oil/gas type stocks. To some extent they may be just picking a better benchmark to match what they are already doing in...
by 92irish
Tue Sep 08, 2020 10:39 am
Forum: Personal Consumer Issues
Topic: What do you guys think of oil extractors?
Replies: 67
Views: 3102

Re: What do you guys think of oil extractors?

I have an extractor and find it super convenient - love it. I suppose if you were really concerned that it does not get every drop of old oil out of the pan, you could pour a clean quart in after extracting - then extract that. It would seem like overkill and would waste a clean quart, but surely th...
by 92irish
Fri Sep 04, 2020 5:59 pm
Forum: Personal Investments
Topic: Neutralizing TSLA in VTSAX?
Replies: 20
Views: 1935

Re: Neutralizing TSLA in VTSAX?

This post reminds me of the grief I had went Facebook went public. I was absolutely aghast that any of my money would be invested in such a scam company which was obviously going to zero in a matter of few months - a year tops! Yes, it does seem Tesla is totally priced in fantasy land, but best to j...
by 92irish
Thu Sep 03, 2020 12:20 pm
Forum: Investing - Theory, News & General
Topic: REITs and the changing economy
Replies: 14
Views: 1414

Re: REITs and the changing economy

I am not brave enough to buy Simon (SPG), but I do think they will work it out and long term a good value. Same with Boston properties and office space - hammered by COVID, but seems to be a good value. I like your picks gougou.
by 92irish
Thu Sep 03, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: REITs and the changing economy
Replies: 14
Views: 1414

Re: REITs and the changing economy

The REITS you mention are some of the most expensive and now make up a high percentage of VNQ. For the reasons you mention, REITS like Prologis (warehouse/logistics), American Tower/Crowne Castle (cell communication), Equinix (cloud data center) have been bid way up. Be careful you are not chasing a...
by 92irish
Tue Sep 01, 2020 1:59 pm
Forum: Personal Investments
Topic: 400k cash, fear of inflation
Replies: 46
Views: 4276

Re: 400k cash, fear of inflation

I would take a look at iBonds (Treasury Direct Savings bonds). They are the best thing going for safe money with the only problem being the annual $10K limit. They are: 1) indexed for inflation; 2) no credit risk; 3) liquid after 1 year of holding; 4) tax-deferred until cashed in; and 5) state tax f...
by 92irish
Sun Aug 30, 2020 3:12 pm
Forum: Investing - Theory, News & General
Topic: MLPs are not included in S&P500
Replies: 18
Views: 1636

Re: MLPs are not included in S&P500

MLPX ETF (has both MLPs and also corporate midstreams). Corporate midstreams are like Kinder Morgan, Enbridge, TC energy. The corporate midstreams are included in stock indexes, such as the S&P 500 or Intl' Indexes. If you are looking for broad midstream energy exposure this ETF will do the tric...
by 92irish
Fri Aug 28, 2020 10:34 am
Forum: Investing - Theory, News & General
Topic: Can we talk about the future of oil?
Replies: 72
Views: 4931

Re: Can we talk about the future of oil?

I have started a much bigger position in Vanguard Energy Fund (VGENX) back in April. So, I guess that puts me in the I don't think energy is going anywhere including oil even more so natural gas. VGENX is an excellent fund (and is superior to the energy index fund VDE), as VGENX is more diversified ...
by 92irish
Thu Aug 13, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: Active fixed income funds that make sense
Replies: 32
Views: 1726

Re: Active fixed income funds that make sense

As we all know, the Vanguard Total Bond Market Index fund has become very Treasury/Government bond heavy (60% or more). This is great for safety, but at the expense of yield and return over time. Active managers add more non-Treasury/Government investment grade bonds and Wa-Lah they out perform the ...
by 92irish
Wed Aug 05, 2020 3:53 pm
Forum: Personal Consumer Issues
Topic: Looking for a $500 new office chair
Replies: 33
Views: 2436

Re: Looking for a $500 new office chair

I have a Knoll Life Chair - I love it. They are like $800+ new, but you can easily find one in excellent shape for around $500. I bought mine in 2010 right after the financial crash for dirt cheap from a furniture liquidator in Brooklyn. It has Lehman Brothers etched in one of the footings. It must ...
by 92irish
Mon Jul 27, 2020 3:11 pm
Forum: Investing - Theory, News & General
Topic: Are you adjusting your REIT Allocation?
Replies: 69
Views: 6075

Re: Are you adjusting your REIT Allocation?

Office properties make up 8.2% of the REIT index. If anything, my concern with the REIT index is it doesn't have enough office and too much of the specialized properties (cell towers, communication infrastructure) etc. which have been red hot and are now premium priced.
by 92irish
Mon Jul 20, 2020 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23657

Re: Ally 1% bonus, up to $250, sign up by 3/23

Seems some people have received their bonus - me on the other hand, "crickets". I am the only one who has not heard anything yet?
by 92irish
Thu Jul 16, 2020 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA question (It's FAFSA season again!)
Replies: 47
Views: 3053

Re: FAFSA question (It's FAFSA season again!)

Add me to the list of the FAFSA complete waste of time (and the CSS profile). I've gone through this twice recently. 1) If you are looking at elite private schools and you have good income/assets - just forget about. Their idea of financial aid are loans. They have people lined up around the block w...
by 92irish
Tue Jun 30, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 358
Views: 19731

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

I don't know if anyone can ever answer the OP question - "Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?". It is a question than thousands of traders and financial experts try to make on a daily basis as these securities are priced. The stock ...
by 92irish
Fri Jun 12, 2020 5:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11865

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

I am going to go out a limb and predict the 10 year return on a Treasury Note. My guess .7%. Pretty sad. No matter what Vanguard predicts or what the actual returns turn out to be, I don't think there is much alternative to investing in equities long term. All we can do is hope for the best with equ...
by 92irish
Fri Jun 12, 2020 4:26 pm
Forum: Personal Investments
Topic: Rent or Sell Townhouse in Seattle
Replies: 42
Views: 2955

Re: Rent or Sell Townhouse in Seattle

I am from the Seattle area - my vote is to sell. You enjoyed a nice run up in value over the past years, but I am afraid the future economic prospects for Seattle proper are slipping along with other headaches for residential landlords coming down the pike. I'd take advantage of the personal residen...
by 92irish
Fri Jun 12, 2020 12:50 pm
Forum: Investing - Theory, News & General
Topic: Utilities - Does anyone own some?
Replies: 69
Views: 3959

Re: Utilities - Does anyone own some?

About a month ago, I purchased some VPU (Vanguard Utilities ETF) for my retirement account. I had a bond mature and with rates so incredible low, I chose to increase my equity exposure with some utilities rather than reinvesting in bonds. I know it is not a bond substitute per se, but they do create...
by 92irish
Sat Jun 06, 2020 3:09 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 31566

Re: What fun car should I get in the $150k - $200k range?

A good friend of mine just bought a really nice 2006 Ferrari F430. Grey with red leather interior. It has low miles and in super shape - he paid like a $100K. To me that seems like the sweet spot for an exotic. You look at thing and it looks brand new and super hot. The car is still young enough to ...
by 92irish
Wed May 06, 2020 11:04 pm
Forum: Personal Consumer Issues
Topic: Worth Buying a Used Phone on Swappa?
Replies: 28
Views: 1694

Re: Worth Buying a Used Phone on Swappa?

Couple good experiences, one bad. The bad involved a “blacklisted” phone that could not be set up on my carrier. Could have been a stolen phone or the owner did not pay the contract so the carrier bricked it. Either way I had a phone that was worthless to me and the seller jerked me around until I g...
by 92irish
Sun Apr 19, 2020 1:08 pm
Forum: Personal Investments
Topic: Energy index trade for total stock market
Replies: 4
Views: 206

Re: Energy index trade for total stock market

I feel your pain. I too thought energy stocks were so cheap several months ago - a generational buying opportunity in my mind. Bought some VDE. But, as the old saying goes, what is cheap can get cheaper (and did). What to do now? - for now I am for the most part holding. Good dividend and long term ...
by 92irish
Sat Apr 18, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Movie Suggestions
Replies: 104
Views: 7264

Re: Coronavirus Movie Suggestions

I really liked Contagion and The Hot Zone . Any pandemic movie suggestions that are any good that were produced in the last decade or so? Or they could just be locked-room mysteries - where people are forced to be holed up in a place and something interesting happens (a murder, or a mystery of some...
by 92irish
Tue Apr 14, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: What Amazon Prime (free) movies y'd recommend ?
Replies: 78
Views: 6880

Re: What Amazon Prime (free) movies y'd recommend ?

I really liked Babylon Berlin (on Netflix) - a new Season released not long ago.

I know some don't like subtitles (you can watched dubbed in english too), but high quality production and acting. I like period pieces and German history.
by 92irish
Thu Apr 09, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: NYT hit piece on Donor Advised Funds
Replies: 67
Views: 2835

Re: NYT hit piece on Donor Advised Funds

[Topic moved to Personal Finance (not Investing) - moderator prudent] https://www.nytimes.com/2018/08/03/business/donor-advised-funds-tech-tax.html I made this actionable by reaching out directly to the reporter. I think the reason nonprofits complain about DAFs is because they can truly anonymize ...
by 92irish
Tue Apr 07, 2020 7:29 pm
Forum: Personal Investments
Topic: Money market: VMFXX vs. VMMXX significant yield difference?
Replies: 8
Views: 1240

Re: Money market: VMFXX vs. VMMXX significant yield difference?

Don't worry - the "significant yield difference" won't persist. They will both soon be close to zero.
by 92irish
Thu Apr 02, 2020 4:17 pm
Forum: Investing - Theory, News & General
Topic: Don't like bonds? They are outperforming stocks since 1999
Replies: 63
Views: 4970

Re: Don't like bonds? They are outperforming stocks since 1999

Yes - of course starting and ending dates matter. This is just a headline grabbing piece but don't be expecting this to happen again. On December 31, 1999 - the 10 year Treasury was yielding 6.45% and the year ended with CPI at 2.2% annualized. Approximately a "real" yield of 4.25%! As of ...
by 92irish
Wed Apr 01, 2020 4:41 pm
Forum: Investing - Theory, News & General
Topic: ESA account - stay the course?
Replies: 3
Views: 171

Re: ESA account - stay the course?

I'm in a similar predicament with Vanguard prime money market. In a shameless reach for yield / market time, I put about half in short-term investment grade about a week ago (in the 10.30 share price range). Even at the present price of ~10.50 short term investment grade pays more than twice the yie...
by 92irish
Tue Mar 31, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: Investments you wouldn't touch with a 10 foot pole
Replies: 110
Views: 9499

Re: Investments you wouldn't touch with a 10 foot pole

Spinola wrote: Tue Mar 31, 2020 11:57 am
Anything with an ER greater than my shoe size with a decimal point in front of it..

:mrgreen:

Anything with an ER greater than my shoe size with a decimal point and a zero in front of it.
by 92irish
Mon Mar 30, 2020 7:14 pm
Forum: Personal Investments
Topic: Why buy treasuries when CD rates are so much better?
Replies: 42
Views: 4462

Re: Why buy treasuries when CD rates are so much better?

CD are a great safe option for small individual investors - and to some extent a free lunch. Institutional investors (pensions, endowments, etc.) have no choice for their risk free money other than Treasuries. Keep a little cash & Treasuries for liquidity (rebalancing), but other than that as an...
by 92irish
Fri Mar 20, 2020 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23657

Re: Ally 1% bonus, up to $250

Appreciate the reply - thanks for that. I need to do some more investigation with Ally.
by 92irish
Fri Mar 20, 2020 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23657

Re: Ally 1% bonus, up to $250

For people that signed up for this - did you receive a confirming e-mail back from Ally that you were actually enrolled? I signed up a few days ago and not a peep from Ally. I called them to ask if I was enrolled and they couldn't tell me. Their response was well - just try to enroll again. :annoyed...
by 92irish
Tue Mar 17, 2020 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Treasury extends [tax payment date 90 days, filing deadline still April 15]
Replies: 80
Views: 3112

Re: Treasury extends tax filing by 60 days

I am filing and paying my taxes by April 15th - I owe around $5,000. The interest carry on $5,000 for 90 days is not worth delaying. I don't want to deal with any potential future IRS hassle, notices, mixup's, etc. etc. A couple years ago, I checked the box to apply my refund to my estimated taxes r...
by 92irish
Wed Mar 04, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: Volvo XC40
Replies: 7
Views: 1022

Re: Volvo XC40

My neighbor has one and I've ridden in a couple times. She complains about two things: 1) she finds it too small for her after owning for about a year (now wishes she got a bigger SUV); and 2) rear visibility with the large C pillars. Make sure you can live with the smaller size and do test drive to...
by 92irish
Wed Mar 04, 2020 12:34 pm
Forum: Personal Investments
Topic: Worst Timing :(
Replies: 45
Views: 7643

Re: Worst Timing :(

Not trying to lock this post by talking about possible legislation, but there really should be a law allowing people to roll-over their 401ks custodian to custodian when doing a roll-over to an IRA. This would really help avoid this whole time out of the market issue. A few years ago I had a Schwab ...
by 92irish
Mon Feb 24, 2020 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard's web site is down
Replies: 24
Views: 3063

Re: Vanguard's web site is down

Whenever the website has issues (same with Fidelity) - in find the App to works better and is not bogged down. May not be as robust for heavy duty trading, but for a basic order I like the App.
by 92irish
Fri Feb 21, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: 401k options for law firm partner
Replies: 8
Views: 752

Re: 401k options for law firm partner

Agree with the comments he cannot do an i401k on his own, but here is what he can do... Vanguard partners with a plan administration company (Ascensus). Ascensus used to be part of Vanguard I believe, but recently split off (but not really important). My law firm uses Ascensus and a primarily all Va...
by 92irish
Tue Feb 18, 2020 3:45 pm
Forum: Personal Consumer Issues
Topic: Perform own oil change pros & cons?
Replies: 224
Views: 11475

Re: Perform own oil change pros & cons?

I use an oil extractor through the dipstick - the best invention ever! No ramps, no crawling under the car, and no messing with drain plug. Pump out and refill plus a new oil filter. My local autoparts store has a free oil disposal center afterwards. The only problem is my new BMW does not have dips...
by 92irish
Mon Feb 17, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Risky Financial Decisions You’ve Made in the Past
Replies: 49
Views: 3631

Re: Our best investment

Bogleheads: Pat and I put $11,000 down on a $110,000 unbuilt condominium in the late 70s. We sold 5 years later for $350,000 . The R.E. boom went bust. A year later, our neighbor in exactly the same unit sold for $250,000. Best wishes. Taylor Hi Taylor - wonder what that condo might be worth today?...
by 92irish
Mon Feb 17, 2020 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Risky Financial Decisions You’ve Made in the Past
Replies: 49
Views: 3631

Re: Risky Financial Decisions You’ve Made in the Past

I bought some exchange traded junk CCC bonds (Great Atlantic Pacific Tea Company - A&P Grocery stores). They were paying like 14%. I was following a website called quantumonline.com at the time. I held for awhile collected some nice interest and sold for a small profit. Not too long after the A&...
by 92irish
Mon Feb 10, 2020 6:46 pm
Forum: Personal Investments
Topic: Vanguard ESA account - in college
Replies: 2
Views: 164

Re: Vanguard ESA account - in college

I'm in same boat with kids right before and in college - I say no way to any equities at this point. Keep it in cash (prime money market fund) as this is money presumably you'll need in the near future. Market timing (and holding risky assets) can burn you. If you feel that you are missing out on eq...
by 92irish
Mon Feb 10, 2020 6:33 pm
Forum: Personal Investments
Topic: Brokered CDs - Weak Rates vs Marcus and Ally
Replies: 3
Views: 608

Re: Brokered CDs - Weak Rates vs Marcus and Ally

It has been this way for years. You can always find a local credit union (and now online banks) where to you get better CD rates when bought straight from the bank. You cut out the middleman. Brokered CDs are more convenient than having to hold a dozen directly held CDs (especially when dealing with...
by 92irish
Tue Jan 28, 2020 6:55 pm
Forum: Investing - Theory, News & General
Topic: TIPS
Replies: 116
Views: 10990

Re: TIPS Negative Real Yield - SOLD!

So you went from a 2.2% nominal yield in US treasuries to a 2.1% nominal yield on corporate debt. Feel better now? The nominal 5-year Treasury has yield 1.47%. So that give implied expected inflation of 1.59%. So VSTSX has implied real yield of 0.51% I will point out that the CPI-inflation target i...