Search found 148 matches

by Brewtownphilee
Mon Apr 23, 2012 2:01 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1484191

Re: What Book Are You Currently Reading? Part V

Just finished the entire 50+ issues for Y The Last Man by Brian K. Vaughan. A story about a boy becoming a man. It's a comic and better than most of the fiction I've ever read. Now, I'm starting America's Longest War by Steven B. Duke and Albert C. Gross. Its about the war on drugs. An older book, b...
by Brewtownphilee
Wed Jan 18, 2012 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over pension plan to IRA
Replies: 8
Views: 1289

Re: Rolling over pension plan to IRA

Welcome to the forum. I would focus on the simplicity of keeping all your assets in one, or only a few places. Several years ago, I did a rollover of pension and Deferred Compensation accounts into an IRA. Both accounts had good choices and record keeping (government), but I sleep better at night no...
by Brewtownphilee
Wed Jan 11, 2012 10:30 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo is leaving WI EdVest
Replies: 1
Views: 428

Wells Fargo is leaving WI EdVest

Here's the link: http://www.jsonline.com/business/state-seeks-new-firm-to-run-edvest-college-savings-program-6k3oj4n-137099018.html Apparently, Wells Fargo can't make enough money off of us and they'll be leaving in October 2011. I'm currently drafting my letter to the board in support of Vanguard (...
by Brewtownphilee
Thu Mar 17, 2011 4:50 pm
Forum: Investing - Theory, News & General
Topic: Increasingly skeptical of data
Replies: 58
Views: 7380

Re: Increasingly skeptical of data

So, is this all a house of cards? I am a novice at this. What am I missing? What you are missing is that social science research is different from hard science research, even if the results from both are expressed in mathematical terms. IMO, this is the best response to the OP's question. Unlike th...
by Brewtownphilee
Mon Mar 14, 2011 6:53 pm
Forum: Personal Consumer Issues
Topic: Best Plasma TV
Replies: 43
Views: 5693

Samsung

We've had a 50" Plasma for about a year now. After looking at CNET and Consumer reports, I went to Best Buy when they had a deal going. The Panasonic we wanted was out of stock, but they offered the Samsung for the same price, though it retailed for $200 more. I actually liked the Samsung picture be...
by Brewtownphilee
Thu Mar 03, 2011 8:12 pm
Forum: Personal Consumer Issues
Topic: Cheap/Reputable Casket Source
Replies: 36
Views: 7431

FCA

I see that you have already purchased a casket, but if anyone else is interested, check out your local chapter of Funeral Consumers Alliance (FCA). They offer substantial discounts on funerals, caskets, and cremations, as well as literature.
www.funerals.org
by Brewtownphilee
Wed Feb 09, 2011 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone know Wisconsin Dells well for family getaway?
Replies: 18
Views: 2612

Kalahari

I will never go to another water park except The KALAHARI. Biggest indoor park and a nice outdoor one too. Indoor karts, ferris wheel, rope course, minigolf, etc. The indoor slide with the drain at the end into a pool is the coolest I've ever seen:

http://www.kalahariresorts.com/
by Brewtownphilee
Tue Nov 02, 2010 6:44 am
Forum: Personal Consumer Issues
Topic: Parents: Games for Organization & Future planning skills
Replies: 9
Views: 1435

Aghast! Computer games may hold the answer!

I don't know how you feel about video/computer games, but I would recommend Sid Meier's Civilization series for the PC/Mac. I think a version or two is available for the video game consoles too. Its turn-based, so you can play at your leisure. You build a civilization from the ground up, research ne...
by Brewtownphilee
Sat May 29, 2010 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tipping a Cleaning Lady
Replies: 21
Views: 3460

Re: Tipping a Cleaning Lady

We recently hired a family friend to do basic cleaning in our house every two weeks. She has had her own business for 15 years and usually brings one assistant with her. We have a contract for the price of each cleaning. Neither my wife nor I have any experience with this type of service. What is a...
by Brewtownphilee
Sat May 29, 2010 12:50 pm
Forum: Investing - Theory, News & General
Topic: Do "good" hedge funds exist?
Replies: 19
Views: 2753

Funny Story...

I remember a spot on CNBC during the recent crisis with Jack and Cliff Asness (One of the big Hedge fund gurus). Asness suggested an index fund of Hedge Funds and Jack stayed the gentleman, chuckled, and smiled. I wish I could find the video. :lol: Anywho, Mr. Asness (via AQR funds) recently came ou...
by Brewtownphilee
Wed May 26, 2010 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tipping a Cleaning Lady
Replies: 21
Views: 3460

Here is some advice from Consumer Reports, although I believe it applies specifically to Christmas time. It is from a recent reader survey. http://www.consumerreports.org/cro/magazine-archive/december-2009/money/holiday-tipping/survey-results/holiday-tipping-survey-results.htm The only person who c...
by Brewtownphilee
Wed May 26, 2010 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Tipping a Cleaning Lady
Replies: 21
Views: 3460

Tipping a Cleaning Lady

We recently hired a family friend to do basic cleaning in our house every two weeks. She has had her own business for 15 years and usually brings one assistant with her. We have a contract for the price of each cleaning. Neither my wife nor I have any experience with this type of service. What is an...
by Brewtownphilee
Tue May 18, 2010 9:57 am
Forum: Personal Consumer Issues
Topic: POTUS is a boglehead...
Replies: 59
Views: 6319

another government acronym...

POTUS=President Of The United States

you gotta love those government acronyms...

:lol:
by Brewtownphilee
Mon Apr 05, 2010 6:37 am
Forum: Investing - Theory, News & General
Topic: Why I am at 0% bonds. (April 2010)
Replies: 97
Views: 15303

well...

I continue to hold 40% bonds for one reason only...to keep my wife happy.

Happy wife, happy life! :lol:
by Brewtownphilee
Tue Mar 30, 2010 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Straight Talk Phone Service
Replies: 23
Views: 5225

try this...

You may want to check out: www.clarkhoward.com for more info on that service. He talked about it a lot on recent podcasts in March. The price is right, but it seems they didn't anticipate the volume of new business. They've supposedly had trouble porting numbers and activating the service in a timel...
by Brewtownphilee
Sun Feb 07, 2010 1:36 pm
Forum: Investing - Theory, News & General
Topic: IRA conversion for Wisconsin residents
Replies: 12
Views: 2598

hmm....

I'm not sure if we should believe either now! :lol: I think I'll be calling WI Dept of Revenue this week for their take. I had a difficult time with the website. Thanks for the info. If anyone learns more, please post. Another question: does anyone know if this effects 457 and 403(b) plans as well a...
by Brewtownphilee
Fri Feb 05, 2010 11:38 am
Forum: Investing - Theory, News & General
Topic: IRA conversion for Wisconsin residents
Replies: 12
Views: 2598

Shocking...

Both of these topics, the Roth 2010 Conversion, and the reversion to old contribution limits are shocking for the WI investor. The IRA (Roth and Traditional) contribution limit of $2000 will actually be in place for the 2010 tax year: http://www.wrn.com/2009/11/warnings-of-tax-penalites-for-retireme...
by Brewtownphilee
Thu Jan 21, 2010 4:05 pm
Forum: Investing - Theory, News & General
Topic: Why do financial advisors constantly use American Funds
Replies: 15
Views: 5010

yes, but...

I agree that their performance is a big part of it. But, aren't they ONLY available through specific advisors? And I believe their network is pretty large, so the chances of coming across one is pretty good when people are searching for "advisors." Perhaps the % of the load the advisor receives is h...
by Brewtownphilee
Wed Jan 20, 2010 11:15 pm
Forum: Investing - Theory, News & General
Topic: [del]
Replies: 31
Views: 4547

another question...

Has anyone ever been to one of these "Frontier Market" exchanges? I mean, does it look even remotely like the exchanges in New York or Chicago? I'm very interested in getting exposure here, but I need to see some evidence of good regulation before I drop a lot of ducats on a few companies that are 1...
by Brewtownphilee
Wed Jan 20, 2010 11:03 pm
Forum: Investing - Theory, News & General
Topic: Why do financial advisors constantly use American Funds
Replies: 15
Views: 5010

pretty simple...

Actually, the performance of many of the American Funds is good, especially considering their size. But, it most likely comes down to one thing: COMMISIONS. Many of their funds have a front-end load. 4-5% off the top of the principle. Yuck. :(
by Brewtownphilee
Wed Jan 20, 2010 7:13 pm
Forum: Personal Consumer Issues
Topic: [poll] who'll win the Super Bowl (4 teams remain)?
Replies: 62
Views: 9741

um...yeah.

I vote for this guy and his team:

http://www.youtube.com/watch?v=TNMzWKn3OCE


Bwah Ha Ha Ha!!!!! :lol
by Brewtownphilee
Fri Dec 18, 2009 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Basement Waterproofing Advice
Replies: 17
Views: 5019

A few bits of advice...

My wife and I have personally dealt with a similar issue on our house for the last year. Unfortunately, our leaks and repairs ruined the finished portion of the basement. Here is our advice in somewhat descending order of importance: 1) If you do nothing else, you'll be OK if you do this first thing...
by Brewtownphilee
Thu Dec 10, 2009 10:30 am
Forum: Investing - Theory, News & General
Topic: John Bogle Updated His Beliefs
Replies: 95
Views: 15166

Perhaps

the song remains the same. From Chapter 8, "On Global Investing" (Pages 275-276): "I want to reemphasize my reluctance to embrace the idea of holding a true global portfolio, in which a U.S. investor's market weighting would be based on the weights of the markets of each major nation, resulting, in...
by Brewtownphilee
Tue Dec 08, 2009 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wisconsin Problems with Conversion to Roth
Replies: 14
Views: 3560

Thanks

Thanks for posting this. The article indicates WI is probably the only state to do this, but I wouldn't trust the staff at the JS on that. The reason is loss of tax revenue, so if forum members live in states with budget problems, they might want to take special notice of this.
by Brewtownphilee
Thu Nov 05, 2009 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds
Replies: 35
Views: 8423

Another benefit and reason to buy...

The OP did not mention children, but here's another benefit: When you cash in I Bonds, they can be used to fund QTPs(529 plans) and ESAs (Coverdells) and the interest can be tax free. EEs can also qualify. Please see IRS pub 970:

http://www.irs.gov/pub/irs-pdf/p970.pdf
by Brewtownphilee
Sun Oct 11, 2009 9:09 pm
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

wait a second...

OK... Thank you for that correction. I knew the link was little more than fluff. that's the point-lack of transparency. I have read Taleb and I liked him. The other guy is unfamiliar-I'll look into it. I actually agree with most of your thoughts. But they have little to do with what I was trying to ...
by Brewtownphilee
Sun Oct 11, 2009 11:07 am
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

Re: funny!

When I checked their holdings two years ago, there wasn't one single indexed asset. Lovely! :lol: I don't think that is correct. I believe they do quite a bit of indexing. It should be noted that those who chose not to be in what they call the "variable" option can never have their pension reduced ...
by Brewtownphilee
Sun Oct 11, 2009 9:19 am
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

thanks

I appreciate your restraint in not posting the link. That is EXACTLY the type of stuff I was referring to.
by Brewtownphilee
Sun Oct 11, 2009 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Steep Losses Pose Crisis for Pensions - Washington Post
Replies: 23
Views: 2705

Thank you.

(Don't believe the hype of the dangerous work of correction's officers. There are some risky areas but most jobs involve sitting around the desk complaining about pay and overtime) That may be the case in some little county jails out in the sticks but not the case in larger county jails and state p...
by Brewtownphilee
Sun Oct 11, 2009 8:50 am
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

Re: funny!

When I checked their holdings two years ago, there wasn't one single indexed asset. Lovely! :lol: I don't think that is correct. I believe they do quite a bit of indexing. It should be noted that those who chose not to be in what they call the "variable" option can never have their pension reduced ...
by Brewtownphilee
Sun Oct 11, 2009 7:55 am
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

Re: Another Pension Scandal...

Well baby, here's another fine mess you've gotten us into: http://www.jsonline.com/business/63818577.html As a future recipient, I was going to send a letter to the board, but really, what good would it do? :( I must admit I didn't read this as a 'scandal'. They pay their pension fund managers what...
by Brewtownphilee
Sat Oct 10, 2009 11:10 pm
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

funny!

When I checked their holdings two years ago, there wasn't one single indexed asset. Lovely! :lol:

My contirbution (employee plus union mandated) is @18% of my pre-tax income. Is this comparable to other funds nationwide? I have no idea.
by Brewtownphilee
Sat Oct 10, 2009 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Steep Losses Pose Crisis for Pensions - Washington Post
Replies: 23
Views: 2705

this is what happens...

What will happen? Here's how the ninth largest pension fund has dealt with it:

http://www.jsonline.com/business/63818577.html

What's that? You FAILED TO MEET, LET ALONE BEAT, YOUR BENCHMARK? Well, here's a big fat BONUS!
by Brewtownphilee
Sat Oct 10, 2009 10:53 pm
Forum: Personal Consumer Issues
Topic: Newspaper archives?
Replies: 10
Views: 1717

wow...

I'm shocked. Our government actually did something useful: :lol:

http://chroniclingamerica.loc.gov/search/pages/
by Brewtownphilee
Sat Oct 10, 2009 10:44 pm
Forum: Investing - Theory, News & General
Topic: Another Pension Scandal...
Replies: 28
Views: 2863

Another Pension Scandal...

Well baby, here's another fine mess you've gotten us into:

http://www.jsonline.com/business/63818577.html

As a future recipient, I was going to send a letter to the board, but really, what good would it do? :(
by Brewtownphilee
Sat Oct 10, 2009 10:29 pm
Forum: Investing - Theory, News & General
Topic: Modern vs. Historical P/Es
Replies: 12
Views: 1561

yes!!

zotty wrote:Trailing P/E - previous; forward P/E - based on anal-yst estimates.
At least someone understands me! :lol:
by Brewtownphilee
Sat Oct 10, 2009 10:26 pm
Forum: Investing - Theory, News & General
Topic: Modern vs. Historical P/Es
Replies: 12
Views: 1561

Ha! again...

Ok, forgive me, but I'm thorougly buzzed on some excellent bourbon. :wink: I always thought P/E was a forward indicator, meaning expected earnings. Then I read Siegel's recent article in Kiplinger's (sue me-I get it free) and now I'm a bit confused on the term. Can you elaborate for someone who's ha...
by Brewtownphilee
Sat Oct 10, 2009 10:10 pm
Forum: Investing - Theory, News & General
Topic: Modern vs. Historical P/Es
Replies: 12
Views: 1561

I swear...

Ha! :lol:

My wife doesn't even get my sarcasm. I meant the Dutch Tulip Bulb craziness in the 17th century. My bad. But nice chart. :wink:

So Schiller looks backward, but P/E looks forward. Is that correct?
by Brewtownphilee
Sat Oct 10, 2009 9:38 pm
Forum: Investing - Theory, News & General
Topic: Modern vs. Historical P/Es
Replies: 12
Views: 1561

my opinion...

No problem. IMO, the structure of a company today has no fundamental bearing on a P/E ratio. Why? Because a P/E ratio is a measure of emotion on the part of an investor/speculator. It has no bearing on fundamentals. That's why Mr. Bogle calls it the "speculative element." The P/E ratio soars when in...
by Brewtownphilee
Sat Oct 10, 2009 8:45 pm
Forum: Investing - Theory, News & General
Topic: Modern vs. Historical P/Es
Replies: 12
Views: 1561

Re: Modern vs. Historical P/Es

People (even bogleheads) often speak of the market being historically over- or under-valued by comparing current vs. historical P/E ratios. Is there any reason P/Es should remain similar to historical levels? After all, the average company now is fundamentally very different from the average compan...
by Brewtownphilee
Sat Oct 10, 2009 7:43 pm
Forum: Investing - Theory, News & General
Topic: REITs
Replies: 49
Views: 7430

1970-2009 (40 years) & 36 rolling 5 year periods I calculated the correlation for the full 40 year period and the average of the 36 rolling 5 year periods, also counted the number of 5 year periods with negative correlation. TSM & Total Intl 40 yr = 0.67 Avg 5 yr = 0.55 # of 5 yr periods with negat...
by Brewtownphilee
Thu Oct 08, 2009 6:54 pm
Forum: Investing - Theory, News & General
Topic: "Active Management Fails On Performance, Risk"
Replies: 17
Views: 2466

question

Question for those citing Primecap and other funds as outperformers:

Do you own Primecap? If so, why did you originally buy it?
by Brewtownphilee
Tue Oct 06, 2009 9:16 pm
Forum: Investing - Theory, News & General
Topic: real-time blogging of BH8 from allan roth
Replies: 25
Views: 4902

confirmed

I can confirm that DFA's Microcap Fund is offered in the official WI State Deferred Comp plan for state and municipal employee participants, as Mel suggested. The expense ratio is around .75, if I recall correctly.
by Brewtownphilee
Mon Oct 05, 2009 9:47 pm
Forum: Investing - Theory, News & General
Topic: Favorite Bit of Knowledge from Bogleheads 8
Replies: 40
Views: 6182

Re: sure...

Stratton, could you clarify the bond comment regarding small stock % smoothing out the bond portfolio? I believe Dr. Bernstein made that statement. It was also a pleasure meeting you. Adding a small amount of equities to a 100% bond portfolio lowers volatility. For an intermediate bond fund like To...
by Brewtownphilee
Mon Oct 05, 2009 8:43 pm
Forum: Investing - Theory, News & General
Topic: Anyone still in favor of actively managed funds?
Replies: 54
Views: 8141

"What's the latest reliable statistic on the percentage of actively managed funds that beat their corresponding index?" Here is a rather simiple look at answering that question - using a excellent / fair comparison (Vanguard Mutual Funds only). Moderate Balanced Funds (sorted by 10yr return) Fund.....
by Brewtownphilee
Mon Oct 05, 2009 8:22 pm
Forum: Investing - Theory, News & General
Topic: Favorite Bit of Knowledge from Bogleheads 8
Replies: 40
Views: 6182

Re: sure...

I believe the original question before that gem came up was something about where to put money for an emergency fund. Rick Ferri said he liked short term bond funds, some others said money market. Mel indicated he liked a strategy of both. The conversation then centered around interest rates on mon...
by Brewtownphilee
Mon Oct 05, 2009 6:23 am
Forum: Investing - Theory, News & General
Topic: WSJ: Put your emergency money in blue-chip stocks
Replies: 109
Views: 10768

LOL!

OMG, Dr. Bernstein has found a crystal ball! He can now accurately predict the future! Check out the third post down...

http://www.bogleheads.org/forum/viewtop ... 1254682060

:lol
by Brewtownphilee
Sun Oct 04, 2009 2:38 pm
Forum: Investing - Theory, News & General
Topic: Anyone still in favor of actively managed funds?
Replies: 54
Views: 8141

Re: Question...

In regards to the TSM vs. Primecap wager, I'm curious if we have any measure of risk available for two funds during the time in question? That often gets forgotten in this type of debate. According to the Quantext Portfolio Planner, the two funds had the exact same standard deviation over the past ...
by Brewtownphilee
Sun Oct 04, 2009 1:11 pm
Forum: Investing - Theory, News & General
Topic: Favorite Bit of Knowledge from Bogleheads 8
Replies: 40
Views: 6182

sure...

I believe the original question before that gem came up was something about where to put money for an emergency fund. Rick Ferri said he liked short term bond funds, some others said money market. Mel indicated he liked a strategy of both. The conversation then centered around interest rates on mone...
by Brewtownphilee
Sat Oct 03, 2009 7:42 pm
Forum: Investing - Theory, News & General
Topic: Anyone still in favor of actively managed funds?
Replies: 54
Views: 8141

Question...

My wife and I use index only, except for the Vanguard TIPS Fund. But, even Jack Bogle has said its a closet index fund. If you're going to be "doctrinaire" (nice word, nisiprius) on the use of index funds, I think the bond area would be the best area to do it. There is less "wiggle room" for the bon...