Search found 46 matches

by droliver
Fri Sep 15, 2017 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump (W)Hole Life Insurance and Variable Insurance
Replies: 14
Views: 1051

Re: Should I dump (W)Hole Life Insurance and Variable Insurance

If you can afford to have the cash tied up for awhile (2 decades) and are otherwise maxing out your other tax advantaged investments, whole life insurance is actually a very interesting approach over a long term. It offers some unique tax advantages returns within the policy that can be hard to reac...
by droliver
Sun May 14, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over traditional IRA to Solo 401k - Questions
Replies: 8
Views: 745

Re: Rolling over traditional IRA to Solo 401k - Questions

Isn't there some wierd formula on the tax hit for any gains on this type of conversion ?
by droliver
Sat Jan 14, 2012 10:20 am
Forum: Personal Consumer Issues
Topic: Grandson of BCS
Replies: 487
Views: 39180

Re: Grandson of BCS

This is the same USC team that got torched by Arizona State and nearly lost to Arizona?

Unless they upgrade the defense spectacularly they are going to remain a notch off what the SEC is sporting these days. Barkley's for real, but the team was just good, but not great.
by droliver
Tue Jan 10, 2012 7:41 pm
Forum: Personal Consumer Issues
Topic: Grandson of BCS
Replies: 487
Views: 39180

Re: Grandson of BCS

I watched that game, which was a great game, but Stanford was the better team I'd say and lost in weird fashion. Not as weird as the Nov. 5. UA-LSU game where Bama should have won by 2 or three touchdowns and lost. I think Stanford & OSU are much more even rather compared to UA & LSU, where ...
by droliver
Tue Jan 10, 2012 10:14 am
Forum: Personal Consumer Issues
Topic: Grandson of BCS
Replies: 487
Views: 39180

Re: Grandson of BCS

I think with 8 quarters of football to judge the two teams, it becomes a lot more clear exactly how much Bama actually was. In context, the Nov 5 game result was flukey with the 2nd game validating the belief of most Bama fans that we were the best team on the field the first time on both offense an...
by droliver
Mon Jan 09, 2012 11:45 pm
Forum: Personal Consumer Issues
Topic: When will the SEC's stranglehold on BCS be ended?
Replies: 102
Views: 6292

Re: When will the SEC's stranglehold on BCS be ended?

This is the highest quality overall team I have seen in 40-years of following LSU, even with two mediocre QB's. While it's inarguable they're one of the top LSU teams ever, they're still going to lose to Alabama who are even better on both sides of the ball (if you watched the 1st game). As long as...
by droliver
Sun Dec 25, 2011 6:36 pm
Forum: Personal Consumer Issues
Topic: When will the SEC's stranglehold on BCS be ended?
Replies: 102
Views: 6292

Re: When will the SEC's stranglehold on BCS be ended?

Interesting to see that the longer the game's been out to be analyzed how the bettor's are moving. What opened with LSU -3 1/2 (essentially the edge given to a home team in most football bets for evenly matched teams) a few weeks ago is now Alabama's the 1 point betting favorite in many sports books.
by droliver
Sun Dec 25, 2011 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Swedroe's portfolio shows up in the NYTimes
Replies: 46
Views: 8917

Re: Swedroe's portfolio shows up in the NYTimes

I like the idea of the tail-risk reduction, but all in on SCV + US treasuries makes too many assumptions that the past is prologue and would seem to create it's on kind of risk on both sides of the portfolio. Two very plausible scenario's exist where this kind of tilt could really fundamentally unde...
by droliver
Sun Dec 25, 2011 3:49 pm
Forum: Investing - Theory, News & General
Topic: 25-Year-Old Broker Lee Munson Is Swaggering Relic of the Boo
Replies: 8
Views: 1424

Re: 25-Year-Old Broker Lee Munson Is Swaggering Relic of the

I'm sorry, but you can't read the old interview or even the new Munson 2.0 interview and ever come to a conclusion that you want someone like this running your money.
by droliver
Fri Dec 09, 2011 10:36 pm
Forum: Personal Consumer Issues
Topic: When will the SEC's stranglehold on BCS be ended?
Replies: 102
Views: 6292

Re: When will the SEC's stranglehold on BCS be ended?

This is the highest quality overall team I have seen in 40-years of following LSU, even with two mediocre QB's. No, Saban's 2003 LSU NC team there was a little better overall in some ways on both sides of the ball, certainly on offense. That defense was a little more fundamentally sound then the cu...
by droliver
Tue Dec 06, 2011 10:11 pm
Forum: Personal Consumer Issues
Topic: When will the SEC's stranglehold on BCS be ended?
Replies: 102
Views: 6292

Re: When will the SEC's stranglehold on BCS be ended?

The Sagarin SOS ratings for the big 12 don't pass the eyeball test and reflect the "echo chamber" effect of the computers over-rating the Big-12 across the board which is bumping them up. The top three big 12 teams are probably scattered between 4th-8th in the SEC this year. In years past,...
by droliver
Mon Dec 05, 2011 9:05 pm
Forum: Personal Consumer Issues
Topic: When will the SEC's stranglehold on BCS be ended?
Replies: 102
Views: 6292

Re: When will the SEC's stranglehold on BCS be ended?

Agree that the SEC is good. However, they need to play 9 conference games. And tougher non-conference games, including non-conference road games. Their weak schedule leads to inflated win-loss records and more appearances in the BCS. Describing the SEC as " good " is like saying the New E...
by droliver
Sun Aug 28, 2011 11:01 pm
Forum: Investing - Theory, News & General
Topic: 53% of Stock Trading is High Frequency Trading
Replies: 64
Views: 6378

I strongly disagree about being blase about high frequency traders. The money they're skimming is coming right out of the market's total return. Any other interpretation literally is assuming that money grows on trees . Fractions of a penny times billions of trades adds up over time, it has to. I wo...
by droliver
Mon Jul 04, 2011 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: advertising by Rick Ferri
Replies: 91
Views: 9662

I think the only "advertising" by Rick and Larry is showing their competence on a routine basis gratis which may spin off some inquiries for their services. We're lucky to get such liberal access to these guys
by droliver
Sun Jun 26, 2011 8:30 pm
Forum: Investing - Theory, News & General
Topic: A long-time investor looks back.
Replies: 44
Views: 7898

what i find really interesting about that list is that in BROAD strokes, not EXACTLY, the S&P about tripled every decade from 1950-2000, and then stagnated for the last decade. from a macro perspective, was there a watershed change that might explain this, or no? That's easy I think to pinpoint...
by droliver
Sat Sep 11, 2010 10:09 am
Forum: Investing - Theory, News & General
Topic: RWX to new Vgd International Real Estate ETF?
Replies: 19
Views: 3363

Does an international REIT belong in a taxable or tax-deferred position in your portfolio?
by droliver
Tue Jul 20, 2010 8:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's awful "Portfolio Analysis" tool...
Replies: 58
Views: 18385

I really wish Vanguard would liscence Morninstar's X-ray tool and just incorporate it into their GUI.
by droliver
Sat Jun 05, 2010 9:43 am
Forum: Investing - Theory, News & General
Topic: Are DFA Funds Worth Paying 1% to an Advisor?
Replies: 63
Views: 10956

I'm not sure who is winning this debate but I find Mr Rick Ferri's tone to be quite defensive. Does a simple yes or no answer exist to the OP's question? I don't think Mr. Ferri is being defensive, and I've enjoyed the interplay among the participants as you can learn a lot from the discussion. As ...
by droliver
Mon May 10, 2010 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Interest free loan to help pay down mortgage??
Replies: 11
Views: 1381

I thought you employer has to offer "market rate" per the IRS for something classified as a loan to be kosher.
by droliver
Sat Apr 24, 2010 8:03 pm
Forum: Investing - Theory, News & General
Topic: Embarrassing John Bogle quote about Michael Burry
Replies: 27
Views: 8405

Matt, if you read " The Big Short " you will see he actually did get lucky in his timing in the sense that if the crash hadn't started on schedule, his hedge fund would have had massive investor withdrawals and there was language in the contract with his trading partners at the banks that ...
by droliver
Fri Apr 23, 2010 3:58 pm
Forum: Investing - Theory, News & General
Topic: Embarrassing John Bogle quote about Michael Burry
Replies: 27
Views: 8405

I'd suggest everyone read "The Big Short" featuring Dr. Burry. He made a very insightful observation that the emperor had no clothes and was right. Keep in mind that he's only famous now because he managed to stay solvent longer then the market stayed irrational. If things had stayed on tr...
by droliver
Mon Jan 04, 2010 9:33 pm
Forum: Investing - Theory, News & General
Topic: Resetting Taxable Cost Basis Every Few Years
Replies: 39
Views: 4622

The Roth vs. Traditional IRA decision is a wash when today's tax rate is identical to tomorrow's tax rate. Due to the tax-free nature of the Roth and the tax-deferred compounding of the TIRA, the "time value of money" isn't relevant to this decision. Just the rates...... (I have kept the ...
by droliver
Sat Dec 26, 2009 9:56 am
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard
Replies: 23
Views: 5226

How come DFA hasn't gone direct to investors? Are they so dependent on financial advisors for business that they worry about alienating their referrals? It would seem there's a market for their service independent of the middleman. Maybe they could temper asset movement with poenalties for early wit...
by droliver
Sun Dec 13, 2009 8:26 pm
Forum: Investing - Theory, News & General
Topic: TSM underperforms them all Large, Mid, Small, Large/Small
Replies: 55
Views: 10316

Can you accept this graph without compensating for the drag of 1) the subtle difference in ER (6-7bp) of the split classes index funds versus the rock-bottom TSM 2) tax liabilities from these rebalancing manuevers as you'd be be realizing annual capital gains trades (assuming with this scenario you...
by droliver
Sun Dec 13, 2009 12:08 am
Forum: Investing - Theory, News & General
Topic: TSM underperforms them all Large, Mid, Small, Large/Small
Replies: 55
Views: 10316

Can you accept this graph without compensating for the drag of 1) the subtle difference in ER (6-7bp) of the split classes index funds versus the rock-bottom TSM 2) tax liabilities from these rebalancing manuevers as you'd be be realizing annual capital gains trades (assuming with this scenario you ...
by droliver
Sun Nov 15, 2009 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Tax rate on older unclaimed property
Replies: 2
Views: 685

Tax rate on older unclaimed property

I recently received some money from the State of Alabama which consisted of the balance on a couple dozen old dividend checks from IBM misdelivered to from 10-20+ years ago. These dividends balance were redeemed at face value with no interest (the state had been collecting the interest - go figure!)...
by droliver
Sun Nov 15, 2009 10:54 am
Forum: Investing - Help with Personal Investments
Topic: My adviser thinks I should not be in stocks at all
Replies: 52
Views: 10398

Wouldn't a 15 year mortage at around 4.25% (recent rates for non-jumbo loans) have been even better? That's close to 200K less in interest payments over the loan life
by droliver
Mon Nov 09, 2009 6:05 pm
Forum: Investing - Theory, News & General
Topic: Bernstein's New Book
Replies: 17
Views: 3905

Taylor, it would be interesting if you could put a bug in WB's ear about the dividend/capital gains tax issues going forward as it affects slice and dice or value/small tilts. I'm begining to think that it will be hard for the US investor to overcome the tax drag that those strategies are likely to ...
by droliver
Sun Nov 08, 2009 8:20 pm
Forum: Investing - Theory, News & General
Topic: Bernstein's New Book
Replies: 17
Views: 3905

I've just finished about 1/3 of the book and I'm a little disappointed. It's a real skimpy version of the "4 Pillars" without much to add so far. I'll keep reading, but so far it's more like a "4 Pillars for Dummies". I don't want to speak for Dr. B, but I think one thing to cons...
by droliver
Wed Oct 28, 2009 10:40 pm
Forum: Investing - Theory, News & General
Topic: Long Term Bond Funds
Replies: 58
Views: 8588

Re: Long Term Bond Funds

So, does anybody out there own this fund (or a similar one)? If so, what is your reasoning and how does it fit into your plan? My very simple understanding of this argument is that as interest rates cannot really go lower then present, the inevitable increase in rates will hit longer term bonds mor...
by droliver
Mon Oct 05, 2009 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Frustration with Health Insurance Company
Replies: 22
Views: 2660

It would occur to me that you should go to the source of the problem. It doesn't sound like there actually is a problem other then a layperson confused or not understanding how to read an EOB. IF I had to guess, one of your tests was able to report RT & LT exams as seperate charges and the othe...
by droliver
Sun Jun 21, 2009 1:50 pm
Forum: Investing - Theory, News & General
Topic: How many index funds do you have in your portfolio?
Replies: 31
Views: 4380

IndexedTotal Stock Market
Small Cap Value
FTSE All World ex US
FTSE All World ex US Small Cap
Emerging Market
Total Bond
Total World

Non Index:
Wellesley Income
Precious Metals & Mining (VGPMX)
TIPS fund
Intermediate term tax exempt bond (VWITX)
by droliver
Tue Jun 02, 2009 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs VFINX
Replies: 9
Views: 14117

bombcar wrote:The real answer - use VTSMX because then when anyone mentions a hot company you can reply with a bored expression, "I already own that one." ;)


Actually there's lot's of stocks not in VTSMX in the mid and small cap range. I belive all large cap stocks are captured however.
by droliver
Sat May 23, 2009 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Assistance: Essential Asset Class Diversification
Replies: 24
Views: 3893

Commodities, Junk Bonds, Emerging market small caps, & foreign real estate positions are not the hallmark of simplified asset allocation in Bogelville. :)
by droliver
Sun Apr 12, 2009 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Do we jump back in again after bailing out???
Replies: 46
Views: 7051

Re: Do we jump back in again after bailing out???

I agree with livesoft. You can't make that statement without knowing their expenses or the details of the pension. My parents are comfortably retired with much less than a 7 figure portfolio that they don't even need to touch thanks to a generous pension. A pension and/or social security would norm...
by droliver
Sun Apr 12, 2009 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Do we jump back in again after bailing out???
Replies: 46
Views: 7051

Re: Do we jump back in again after bailing out???

I just retired, have no pension and was ready to enjoy life and the fruits of my labor! Age: 57 and 63 No offense, but it's extremely unrealistic to be expecting to retire at your age (with a potential 2-3 decades of life expectancy) without a healthy 7 figure principle. Is there some reason you or...
by droliver
Wed Mar 18, 2009 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is the REIT fund (VGSIX) poised to get crushed?
Replies: 73
Views: 13107

I'm glad my original post stirred some interesting discussion. I know all economic melt-downs are unique, but it seems like some of the diversification benefits in the rear view mirror for REITS (and other asset classes of the month) have been exposed as a lot more fragile then advertised when the S...
by droliver
Sun Mar 15, 2009 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Is the REIT fund (VGSIX) poised to get crushed?
Replies: 73
Views: 13107

Is the REIT fund (VGSIX) poised to get crushed?

It's kind of an intuitive observation, but it would seem like REIT funds like Vanguard's VGSIX are going to be in for a bumpy ride. There's a lot of commercial exposure in the fund at a time where we've seen (and will likely continue to see) many small business and a number of big-box retailers cont...
by droliver
Thu Jan 29, 2009 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dividend Appreciation Index
Replies: 9
Views: 3228

Doesn't it seem intuitive that dividend funds are going to be a bumpy ride for the next few years as financial stocks were the main engines of most of the dividends and many others are cutting dividends briskly? If she's a relatively unsophisticated or disinterested investor and wants diversified la...
by droliver
Fri Dec 12, 2008 8:40 pm
Forum: Investing - Theory, News & General
Topic: Fall of Index Funds - thoughts?
Replies: 26
Views: 5280

Pretty bold headline for a shoddy article. Oh, and the cake is a lie! The cake was a lie Depends on your interpretation of the end of the game. - Scott Agree, the cake is a lie. The good news is that a Portal prequal is indevelopment. Wikipedia has a great Portal entry for those confused in the aud...
by droliver
Wed Dec 10, 2008 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Mortage refinancing
Replies: 18
Views: 3678

Re: Mortage refinancing

What is the amount of the new mortgage loan? $354,000 at a proposed 5.125% with the aforementioned closing costs. This is a planned long term residence (15-20+ years) in which I have a couple hundred thousand in equity in already. This proposed re-fi would replace a $360,000 note at 5.250% issued i...
by droliver
Mon Dec 08, 2008 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mortage refinancing
Replies: 18
Views: 3678

Mortage refinancing

Total newbie to refinancing, be we asked our bank who's financing our 30 year fixed mortage what they could do in terms of refinancing. We were offered 5.125% for a 30 year fixed with the following closing statement Title Search: $255.00 Closing Fee: $100.00 Attorney: $0.00 Recording: $125.00 Subord...
by droliver
Sun Sep 21, 2008 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a reason to buy VIGTX or VIVAX?
Replies: 2
Views: 1417

Is there a reason to buy VIGTX or VIVAX?

I'm curious if anyone feels strongly about Vanguard's Growth (VIGTX) or Value (VIVAX) in a portfolio that already holds the 500 index or Large Cap (VLACX) index? There seems to be so much overlap in holding's that they do not offer any substancial diversification. BTW is there a tool somewhere where...
by droliver
Sun Aug 10, 2008 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help me think about my portfolio
Replies: 12
Views: 2473

Are you intentionally trying to "tilt" towards smallcap and/or value stocks? There definitely could be some room for simplification. As for the IBM... it's 66% of your portfolio. That's extremely destabilizing. You've got to sell it. You simply have to, regardless of the tax unpleasantnes...
by droliver
Sat Aug 09, 2008 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help me think about my portfolio
Replies: 12
Views: 2473

I think it was gifted in a trust like 35+ years ago and was originally purchased by my grandfather almost 45+ years ago. I was under the impression that the capital gains on it were going to be enormous
by droliver
Sat Aug 09, 2008 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help me think about my portfolio
Replies: 12
Views: 2473

Help me think about my portfolio

Long Time lurker, first time poster. Newly converted Boglehead! I'm trying to figure out whether the diversity I'm currently possessing among index funds is actually counterproductive. There's some overlap between funds, but is it too much? My stock fund holding breakdown is as follows below by %. I...