Search found 2505 matches

by jalbert
Thu Feb 22, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

telemark: Thanks for the link to stack exchange. I spent some time on that site reading questions and replies. Here is a question regarding modes. I somewhat understand what a mode is. It is the scale of a note (lets say C because it is easier to notate) in which the scale "shifts" to another tone ...
by jalbert
Thu Feb 22, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 55
Views: 5292

Re: What do Bogleheads think of Passive income through Dividend Stocks

I did the math on $100k worth of PNNT at a price of $7.15 per share for 1 year. You would earn an average of $839 a month. This trades like a stock and has no ER. This does not take taxes into account though.
You might earn that. There is no guarantee.
by jalbert
Thu Feb 22, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard brokerage culture represent the underlying Vanguard fund?
Replies: 10
Views: 1074

Re: Does Vanguard brokerage culture represent the underlying Vanguard fund?

My head keeps saying "you get what you paid for" and the expense ratio of Vanguard's fund is very low.
In the past, I think Vanguard worded it as "You get what you don't pay for."
by jalbert
Thu Feb 22, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: How accurate is Portfolio Visualizer? Vanguard Equity Income vs Total Stock Market
Replies: 3
Views: 465

Re: How accurate is Portfolio Visualizer? Vanguard Equity Income vs Total Stock Market

Nothing wrong with the numbers. Falling interest rates have been a tailwind for the performance of dividend oriented stocks compared to the broader market over the last 10-15 years.
by jalbert
Thu Feb 22, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Can you lose money in a Money Market savings account ?
Replies: 36
Views: 1933

Re: Can you lose money in a Money Market savings account ?

Three types of money market accounts would be viewed as completely safe in terms of getting your full principal back: 1. Money market mutual funds that invest exclusively in instruments that are backed by the full faith and credit of the US govt. This one does not make sense to me because it may in...
by jalbert
Thu Feb 22, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: Can you lose money in a Money Market savings account ?
Replies: 36
Views: 1933

Re: Can you lose money in a Money Market savings account ?

Three types of money market accounts would be viewed as completely safe in terms of getting your full principal back: 1. Money market mutual funds that invest exclusively in instruments that are backed by the full faith and credit of the US govt. 2. NCUA-insured money market accounts located at cred...
by jalbert
Wed Feb 21, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Simple question [difference between IRA and 401k?]
Replies: 11
Views: 736

Re: Simple question [difference between IRA and 401k?]

A distinction without a difference. It determines who regulates it, which determines who you can complain to if something is not right. Being able to file a complaint with the SEC for an issue with an IRA is an advantage over a 401K. Another advantage of an IRA is that your place of employment has ...
by jalbert
Wed Feb 21, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Advice request: Managing Mom's Money
Replies: 11
Views: 831

Re: Advice request: Managing Mom's Money

Well, I have to correct something. The account is with Morgan Stanley, probably just as bad. Looking over her allocation this morning, they have one of her accounts (~125k) invested in 31 different funds. I threw the funds into MS Xray and it comes back with an average cost of about 1.25%, which is...
by jalbert
Wed Feb 21, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: Simple question [difference between IRA and 401k?]
Replies: 11
Views: 736

Re: Simple question [difference between IRA and 401k?]

401K plans are regulated by the US Dept of Labor under pension law. I think technically, if you hold say the Vanguard SP500 index fund in a 401K you are not holding a claim on the Vanguard fund. You are holding claim on a fund in the 401K plan. The 401K plan aggregates the assets in the fund in the ...
by jalbert
Wed Feb 21, 2018 1:49 am
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 55
Views: 5292

Re: What do Bogleheads think of Passive income through Dividend Stocks

Trying to fund short-term liabilities with a portfolio that is 100% stock has a significant risk of failure, whether index funds or dividend stocks. Specifically matching short-term fixed income investments to the liabilities and investing the remainder in stock is a good way to establish the most e...
by jalbert
Tue Feb 20, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

I got a new piano about 10 years ago, and since I play a lot of Beethoven, I asked my tuner to try a historical temperament, and he picked "Valetti-Young", a slight modification of the one Beethoven would have used. My thinking was that Beethoven worked his music around the idiosyncracies of the im...
by jalbert
Tue Feb 20, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Advice request: Managing Mom's Money
Replies: 11
Views: 831

Re: Advice request: Managing Mom's Money

I would suggest making a budget to figure out what her actual spending need is. Once you know how much income she needs, then you can see what her options are for generating it. Check on the embedded capital gains in the current investments as well to understand the tax consequences of various liqui...
by jalbert
Tue Feb 20, 2018 12:49 am
Forum: Personal Consumer Issues
Topic: Email from IRS this morning- is my information compromised?
Replies: 21
Views: 2320

Re: Email from IRS this morning- is my information compromised?

Have you created an IRS account? If not, the email is obviously fake. Either way, I would first run a FULL scan of all machines where you read email with antivirus software. Be sure the virus signatures are up to date, reboot the machine, and run the full scan. If there is a virus in the local machi...
by jalbert
Tue Feb 20, 2018 12:27 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 80
Views: 9007

Re: Can someone help me explain to my wife...?

Her opinion is that we should sell all of our index funds in our Roth IRA, take the profit now in the fund, because surely the bottom will fall out soon. My opinion is that I've always been told to simply contribute the max, do 70/30 for our age range, and then forget about it until age 65. She say...
by jalbert
Tue Feb 20, 2018 12:16 am
Forum: Investing - Theory, News & General
Topic: Is it "cute" to invest in sector funds?
Replies: 23
Views: 1463

Re: Is it "cute" to invest in sector funds?

It should be obvious that investing in a sector will expose you to sector risk, the risk that the sector underperforms. What is less obvious is that because sector risk can be diversified away reliably, you are not compensated with a premium of increased expected return for taking the sector positio...
by jalbert
Tue Feb 20, 2018 12:06 am
Forum: Investing - Help with Personal Investments
Topic: CPA recommends to NOT contribute to SEP IRA
Replies: 15
Views: 1836

Re: CPA recommends to NOT contribute to SEP IRA

His CPA is recommending that he NOT contribute to his SEP IRA this year because "it will not provide any tax benefit this year and he will have to pay taxes on it later". She recommends that he only contribute to his ROTH IRA. Is this terrible advice? He has the means to max both accounts. Am I mis...
by jalbert
Mon Feb 19, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 55
Views: 5292

Re: What do Bogleheads think of Passive income through Dividend Stocks

I would like to know if there is a good way to invest Boglehead style in dividend stocks and generate passive income of $500-$1000+ per month with one's investments. I would want to use this money to pay for things like rent, utilities, and food (living expenses). Again, I am thinking of putting ma...
by jalbert
Sun Feb 18, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Expected return of US vs International, basic question
Replies: 26
Views: 1379

Re: Expected return of US vs International, basic question

I have read on this forum and elsewhere that international is expected to outperform the US over the next decade. If that were true, why wouldn't people sell their US stocks and buy international? This is in part because nobody actually knows it is true that the USD-denominated future return, futur...
by jalbert
Sun Feb 18, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 39
Views: 3916

Re: I reduced my exposure to US stocks before the correction.

- 56% bonds (about half in Intermedium Term Grade Bonds; and the other half in TIPS) - 44% stocks (20% emerging; 12% developed; 12% US) If bonds are all in TIPs and corporate bonds, and stock is tilted strongly to EM, you are taking substantial risk that the disinflation in recent years is not yet ...
by jalbert
Sun Feb 18, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

First: Gb and F# are NOT the same. Neither is B and Cb. I saw one of my favorite theory professors near tears when a student suggested this. Whether it's the name of the key or the name of a note (yes, there are many times when you will write Cb instead of B-natural, and this is not the time or pla...
by jalbert
Sun Feb 18, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Seeing Yellowstone National Park
Replies: 24
Views: 2120

Re: Seeing Yellowstone National Park

We want to see Yellowstone and am looking for advice. This is an adults only for 2-4. Always try and miss the peak season when we travel. Would like to go in early May. Good month or bad? How long should we plan to be in the park?  Bad month-- overcast, cold, and rainy, snow possible, and there lik...
by jalbert
Sun Feb 18, 2018 4:28 am
Forum: Investing - Help with Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 2853

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

Are you sure this feature was designed in a manner that would prevent someone from forging the browser and/or machine?
by jalbert
Sat Feb 17, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

It's not a case of flat keys being easier or vice versa. As someone mentioned earlier, it's because of the Circle of Fifths (see image above). It's much easier to play in B-flat with 2 flats than A# with god-knows-how-many sharps!  It is just as easy to play in A# as Bb in equal temperment because ...
by jalbert
Sat Feb 17, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: New to bond investing — should I seek more diversity?
Replies: 10
Views: 686

Re: New to bond investing — should I seek more diversity?

That's great advice and makes a ton of sense. Unfortunately, Optum isn't offering me an option for a 100% bond fund but they are letting me choose Life Strategy Conservative Growth which is 60% bonds. I'm going to make that change and put more equity in the Roth accounts. For simplicity, you could ...
by jalbert
Sat Feb 17, 2018 5:58 pm
Forum: Forum Issues and Administration
Topic: Using math notation in Bogleheads posts
Replies: 11
Views: 1206

Re: Using math notation in Bogleheads posts

I think the absence of math typesetting capability encourages the mathematically inclined to be mindful of composing their postings in a manner that fosters broad interest.
by jalbert
Sat Feb 17, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 2853

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

Is two factor authentication the only thing really stopping someone from losing their whole nest egg?
You can have online access for your Vanguard account permanently disabled. It is not needed to manage your account.
by jalbert
Sat Feb 17, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: New to bond investing — should I seek more diversity?
Replies: 10
Views: 686

Re: New to bond investing — should I seek more diversity?

Agreed, you have a good plan. I would prefer holding stock in Roth and bonds in HSA. You are managing your HSA account for long-term growth. After age 59.5, Roth space is more valuable because it can be withdrawn tax-free for any purpose, not just for health care expenses, but it can still be spent ...
by jalbert
Sat Feb 17, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 27
Views: 4163

Re: Laid off ...next steps

Sorry to hear your news. I agree with others-- take a week vacation and go somewhere out of town. It does not need to be an expensive vacation, just go somewhere with some activities that occupy your mind and soul with something other than work and career. With respect to COBRA, keep in mind that ch...
by jalbert
Fri Feb 16, 2018 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: Age 25 - New to Investing, Looking for Advice
Replies: 22
Views: 1392

Re: Age 25 - New to Investing, Looking for Advice

I have one last question for you all though... am I crazy to be worried that my goals for the year are geared so much towards my future/retirement that I am going to lose track of living in the present? I understand that I do not see any huge expenses in my foreseeable future, but should I at least...
by jalbert
Fri Feb 16, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

It was not uncommon for some rock or other popular music to be recorded at a slightly slower tempo than desired for the final product... There is a reason for that. Recording is much more demanding than playing on a stage with a noisy audience. On the other hand, in a studio you get more than one c...
by jalbert
Thu Feb 15, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

It was not uncommon for some rock or other popular music to be recorded at a slightly slower tempo than desired for the final product, and then the mastering tapes sped up a little to bring it to tempo, while also shifting the key up. As a result, the keys for many pop recordings you listen to are n...
by jalbert
Wed Feb 14, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

Piano players are more comfortable playing in flat keys than sharp keys, so you get a lot of jazz and classical in F, Bb, Eb, Ab, and all of their relative minors.
There is a massive amount of classical piano music in key signatures with 1-4 sharps.
by jalbert
Wed Feb 14, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Used Chevy Volt - Which year should I look at?
Replies: 33
Views: 2473

Re: Used Chevy Volt - Which year should I look at?

I have no idea what is financially optimal, but I'd be inclined to try to find one that is deeply discounted because the battery is at the end of its life, and plan to replace the battery right after purchase.
by jalbert
Wed Feb 14, 2018 1:16 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31602

Re: What's your U.S. : International ratio?

Conclusion In light of quantitative analysis and qualitative considerations, we have demonstrated that domestic investors should consider allocating part of their portfolios to international securities, and that a 20% allocation may be a reasonable starting point. Although finance theory dictates t...
by jalbert
Wed Feb 14, 2018 1:05 am
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 100
Views: 5454

Re: Question for music experts about musical keys

If you shift everything up by the same interval, the melody and harmonic relationships stay the same but the texture gets thinner and the tone less dissonant. This effect is very subtle if the interval is small. The reason is that a note played on a musical instrument includes a a fundamental freque...
by jalbert
Tue Feb 13, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Correlations among different types of bonds
Replies: 14
Views: 1184

Re: Correlations among different types of bonds

This is in contradiction to the action of Vanguard corporate bond funds during the Great Recession of 2007-9 when equities tanked by greater than 50%... I would agree with this and lack_ey's subsequent point. I think the presented sample correlations just exhibit the kind of sample bias that is per...
by jalbert
Tue Feb 13, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31602

Re: What's your U.S. : International ratio?

From what I understand, the VG Life Strategy and Target Date series will eventually go to world market ratios for both stocks and bonds. Do you have a source for this? It would make sense, but I haven't read anything official. I think that is doubtful. Vanguard references a study they did wherein t...
by jalbert
Tue Feb 13, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Correction vs. Prolonged Bear Market
Replies: 23
Views: 1549

Re: Correction vs. Prolonged Bear Market

Whether or not we have a so-called bear market will largely be predicated on future (and thus unpredictable) events. If a bear market in the near term could be reliably predicted based on what we know today, investors already would have been heading for the exits, in which case the bear market would...
by jalbert
Tue Feb 13, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Recent Music School Grad Needing Advice
Replies: 10
Views: 996

Re: Recent Music School Grad Needing Advice

You don't need an LLC to establish a SEP-IRA. Setting up a SEP-IRA for yourself only is virtually as easy as setting up a Roth IRA. There is one additional form, which is perfunctory if you are the only participant. If you have employees in the plan, then managing a SEP-IRA is a bit more complex. If...
by jalbert
Tue Feb 13, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Age 25 - New to Investing, Looking for Advice
Replies: 22
Views: 1392

Re: Age 25 - New to Investing, Looking for Advice

Given that you are an engineer and the engineers that I know you are about the last group of people that need to go the Target Fund route... Engineers are trained always to want to optimize processes and designs, which is tremendously beneficial in most domains, but can lead to a need to tinker wit...
by jalbert
Tue Feb 13, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund vs. Stable Value
Replies: 34
Views: 3021

Re: Bond Fund vs. Stable Value

Curious though why people advocate even using ANY of the Stable Value if people truly believe that rates rising/falling are impossible to predict?  My decision to use a stable value fund has nothing to do with trying to predict future interest rates. Stable value funds and bond funds have moderatel...
by jalbert
Tue Feb 13, 2018 1:10 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund vs. Stable Value
Replies: 34
Views: 3021

Re: Bond Fund vs. Stable Value

Stable Value funds can be slow to respond to rising rates. Many have restrictions against moving assets in or out of a SVF from or to other fixed income investments. Such a restriction is to prevent participants from arbitraging between a SVF and bond fund. Thus, a bond fund might lose value when ra...
by jalbert
Tue Feb 13, 2018 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Age 25 - New to Investing, Looking for Advice
Replies: 22
Views: 1392

Re: Age 25 - New to Investing, Looking for Advice

I strongly recommend avoiding mutual funds administered by investment banks like JPMorgan. Moreover, DFA Targeted Value is a much better way to get value exposure. Vanguard S&P500 and midcap index overlap with each other. DFA Targeted Value is designed to pair with a large cap fund like an S&P500 fu...
by jalbert
Mon Feb 12, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Correlations among different types of bonds
Replies: 14
Views: 1184

Re: Correlations among different types of bonds

The article doesn't seem to mention short-term corporate bonds, yet you mentioned their correlations. Did you calculate them with portfoliovisualizer.com? It is interesting that short-term corporate bonds have a significantly higher correlation with stocks than intermediate corporates. Shortening c...
by jalbert
Mon Feb 12, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

I am in the camp of the OP. It makes no sense that the US 10yr could yield 3+% when the German 10yr yields .75%. If US bonds start yielding well above what the rest of the world’s “safe” bonds pay, the demand for US bonds will increase and driving the price up and yield down. It just makes no sense...
by jalbert
Mon Feb 12, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5252

Re: Are REITs essentially taboo for years now with rising rates?

The effect of future interest rate changes on the return of REITs most likely will be the effect of the difference between actual future interest rate changes and the aggregate market forecast for future interest rate changes, as the latter is likely to be priced in already.
by jalbert
Mon Feb 12, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8638

Re: Tenants want to break lease early and is pregnant

There is a more fundamental issue preventing a good return if you feel like you must collect fees for broken leases to get a good return.

Many landlords find that tenants stay longer on month-to-month arrangements, often much longer, which increases return.
by jalbert
Sun Feb 11, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: Marketing kickbacks from hedge fund fees
Replies: 0
Views: 127

Marketing kickbacks from hedge fund fees

Article claiming that nearly half of hedge fund fees are kicked back to the money managers who recommend the hedge funds to their clients.

https://www.bloomberg.com/news/articles ... es-pay-for
by jalbert
Sun Feb 11, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: TIAA's Perspective on the Markets
Replies: 4
Views: 521

Re: TIAA's Perspective on the Markets

I think that this past week goes to show that the market isn't perfectly efficient as many believe. All of this see-sawing with no significant new information in the last week beyond stocks' prices, which should be a reflection of additional information and not a cause, doesn't seem to jive with th...
by jalbert
Sat Feb 10, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: TIAA's Perspective on the Markets
Replies: 4
Views: 521

Re: TIAA's Perspective on the Markets

Good advice to stay the course, but they have no way of knowing that:
At this point, markets have priced in close to three Federal Reserve rate hikes in 2018, and another in 2019. More adjustment might be needed, but the bulk of it is behind us.