Search found 3215 matches

by oldcomputerguy
Fri Sep 07, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: What experts say about "Stay-the-Course"
Replies: 21
Views: 8303

Re: What experts say about "Stay-the-Course"

kaeltor wrote:
Thu Sep 06, 2018 5:34 pm
Does this apply to real estate as well?

Say I bought a home and market crashes a year later -- buy and hold?
I did. I've held this one for 21 years so far. (Of course I've enjoyed living here, I suppose that could have something to do with it...)
by oldcomputerguy
Fri Sep 07, 2018 5:29 am
Forum: Investing - Theory, News & General
Topic: Good time to do value investing?
Replies: 37
Views: 2494

Re: Good time to do value investing?

No. What we learned about value investing is based on empiricals (not on fundamental theory). surely empirical results are more important than theories that are generated to explain them? Empirical results represent effect. Theories explaining them represent cause. When investing for the long term,...
by oldcomputerguy
Thu Sep 06, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Myth Busting on Index Funds
Replies: 16
Views: 4056

Re: Myth Busting on Index Funds

Good to see you again, sir.
by oldcomputerguy
Wed Sep 05, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: 100% Bonds to boost returns?
Replies: 61
Views: 6401

Re: 100% Bonds to boost returns?

Given that stocks are riskier, it seems only logical to be 100% bonds at this time . Um, not to be a smart aleck, but isn't this by definition market timing? Nothing wrong with market timing. Buffett and others do it all the time. So can we. Really? I must be on the wrong board, then. I thought tha...
by oldcomputerguy
Wed Sep 05, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9464

Re: How to "waste" money on groceries?

Not so much a particular category of food, but a purveyor... I shop at multiple grocery stores, usually picking one according to which one is closest when I am out running other errands. But for produce, I'm very partial to Publix. My two top picks are Publix and the local Food City store near home....
by oldcomputerguy
Wed Sep 05, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Hold cash in Treasury Bills or in Money Market Fund?
Replies: 36
Views: 4571

Re: Hold cash in Treasury Bills or in Money Market Fund?

My main reason for holding the cash is as the safety portion of my portfolio, so that I would not have to sell equities for retirement income during a downturn in the market. Given that, I would point out that FNSXX is almost one-third commercial paper, so it might be a bit more correlated to the s...
by oldcomputerguy
Wed Sep 05, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: proposed investment options with employer retirement plans - feedback requested
Replies: 5
Views: 410

Re: proposed investment options with employer retirement plans - feedback requested

PFInterest wrote:
Wed Sep 05, 2018 7:07 am
yes no great intl choice
Why not this one?

Foreign Large Blend, Vanguard Developed Markets Index Adm., VTMGX, .07
by oldcomputerguy
Wed Sep 05, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 130
Views: 13894

Re: Fidelity Full View transition to eMoney

martyfl wrote:
Fri Aug 31, 2018 12:44 pm
I see the exact same bug. Imagine that! They can't even update their own accounts :shock:
Well, I just shrug it off and put it in the same bin as them not being able to connect to their own Rewards Visa product with the previous FullView incarnation.

Still a few bugs in the system, I suppose...
by oldcomputerguy
Wed Sep 05, 2018 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3104

Re: Google's secret deal with MasterCard to buy all your CC transactions

I find it appalling that a bank (CitiBank in my case) would sell financial transactions data. The way I read this, the bank wasn't the culprit, it was the MasterCard network, which is not the same thing. Coming from the MasterCard network, the data would have encompassed cards backed by more banks ...
by oldcomputerguy
Tue Sep 04, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited stock
Replies: 4
Views: 328

Re: Inherited stock

Hello all, My wife inherited 333 shares of stock "x" about 12 years ago from her father. He had previously inherited it from his father. It was set up as a DRIP and she now has close to 800 shares. We have never done anything with it, other than open and read the quarterly statements. Nor have we e...
by oldcomputerguy
Tue Sep 04, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Reducing Risk
Replies: 22
Views: 1189

Re: Reducing Risk

Dividend Growth funds do not fall into the "Income" category - they still have stocks as their underlying asset. The point of having a percentage of one's portfolio in "Income" (e.g., Bonds) is to accomplish Asset Allocation - owning more than 1 asset class. Sorry for the confusion I may have cause...
by oldcomputerguy
Tue Sep 04, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1052
Views: 82739

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Actually, the increasingly global aspect of major economies could, arguably, make international investing less attractive because it means that U.S. and international markets would be more strongly correlated with each other than they were in the past. We may now be in a world where all of the equi...
by oldcomputerguy
Tue Sep 04, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: 100% Bonds to boost returns?
Replies: 61
Views: 6401

Re: 100% Bonds to boost returns?

Jebediah wrote:
Mon Sep 03, 2018 8:55 pm
Given that stocks are riskier, it seems only logical to be 100% bonds at this time.
Um, not to be a smart aleck, but isn't this by definition market timing?
by oldcomputerguy
Tue Sep 04, 2018 6:53 am
Forum: Personal Consumer Issues
Topic: Best place to exchange dollars to euros?
Replies: 49
Views: 3590

Re: Best place to exchange dollars to euros?

Wow. Someone apparently missed their nap today. :shock: Sorry to be the perpetuator of misinformation. I was just passing on what Fidelity themselves told me. Tell ya what... We're going to Barcelona and London next year, I'll give it a try and report back. Nothing is missed. Please search the arch...
by oldcomputerguy
Tue Sep 04, 2018 4:43 am
Forum: Personal Consumer Issues
Topic: Best place to exchange dollars to euros?
Replies: 49
Views: 3590

Re: Best place to exchange dollars to euros?

2. The Fidelity brand Debit card does not charge FTF or other fees (and reimburses any surcharges) when used for ATM withdrawals. It does charge 1% FTF for purchases only. As always beware DCC at ATMs (and points of sale) and ensure you are charged in local currency, not USD. Update: Here is a ques...
by oldcomputerguy
Mon Sep 03, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: ESPP as emergency fund
Replies: 7
Views: 665

Re: ESPP as emergency fund

As I understand it, the reason to have an emergency fund in the first place is so that you wom’t have to sell stocks during a decline to meet an unexpected expense. Putting your emergency fund in stocks seems to me to be defeating the purpose.
by oldcomputerguy
Mon Sep 03, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Best place to exchange dollars to euros?
Replies: 49
Views: 3590

Re: Best place to exchange dollars to euros?

2. The Fidelity brand Debit card does not charge FTF or other fees (and reimburses any surcharges) when used for ATM withdrawals. It does charge 1% FTF for purchases only. As always beware DCC at ATMs (and points of sale) and ensure you are charged in local currency, not USD. Update: Here is a ques...
by oldcomputerguy
Mon Sep 03, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: Best place to exchange dollars to euros?
Replies: 49
Views: 3590

Re: Best place to exchange dollars to euros?

I don't know what's in your wallet, but none of my regular cards charge FTFs. Check yours, of course. The Fidelity Rewards Visa charges 1% FTF, so I don't use it for traveling abroad. I do keep a Capital One Quicksilver Visa (no annual fee or FTF) and a Delta Skymiles Platinum AmEx (no FTF) for use...
by oldcomputerguy
Mon Sep 03, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 830
Views: 154013

Re: Boglehead Beer

XtremeSki2001 wrote:
Mon Sep 03, 2018 6:27 am
I think you meant The Blind Pig?
No, I double-checked, it's the Flying Pig. We ran across it on Tripadvisor. I looked up the address, though, and it appears it's not in Philadelphia proper but somewhere out west maybe 15 miles or so. Sorry for the confusion, and thanks for the suggestions.
by oldcomputerguy
Sun Sep 02, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Fund a Roth IRA with balance transfer CC
Replies: 14
Views: 599

Re: Fund a Roth IRA with balance transfer CC

Being that I am currently in a 0% tax bracket, How do you conclude that you are in a 0% tax bracket? With a gross income of $30k, even with a standard deduction of $24,000 (assuming MFJ) you'd still owe tax on $6,000 of income, which would be taxed at 10%. Or do I have my math confused? Do you perh...
by oldcomputerguy
Sun Sep 02, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: International funds in Tax protected account?
Replies: 3
Views: 308

Re: International funds in Tax protected account?

Should international allocation be in a Tax protected account? Let's assume you make enough to have plenty of left over savings after maximizing tax protected accounts. There are pros and cons. One school of thought says that you should put it in taxable, so that you can take advantage of the forei...
by oldcomputerguy
Sun Sep 02, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Delay in deposits by empower for 401k?
Replies: 13
Views: 659

Re: Delay in deposits by empower for 401k?

From withdrawl on a friday from paycheck to deposit into my 401k by empower i have to wait till wednesday. Is this normal? Seems like too much time. Direct deposit too. According to the IRS , the employer is supposed to deposit the money in your 401k account "as soon as the employer can"; however, ...
by oldcomputerguy
Sun Sep 02, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 830
Views: 154013

Re: Boglehead Beer

Since this thread has arisen from the dead, let me throw a question out there for the Philadelphia Bogleheads. DW and I have a visit to Philadelphia planned in the not distant future, and in scoping out some of the local joints we ran across something that caught our attention. Anybody ever been to ...
by oldcomputerguy
Sat Sep 01, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: What are your goals when you change your bond funds?
Replies: 36
Views: 2339

Re: What are your goals when you change your bond funds?

I have for some time been contemplating a change, but not in duration. Most of our FI holdings are in total bond funds in tax-deferred accounts, the exception being about $50k in short-term Treasuries matched up to a projected need. Given that I am in retirement now and DW is about a year and a half...
by oldcomputerguy
Sat Sep 01, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3674

Re: Edward Jones advising roll over 401K to their IRA

FA (financial advisor) fee math. I use to have a HS friend that, in later years, I came to refer to as my WB (worthless brother). Turns out I was only renting his friendship. My victimhood ended when I understood the magnitude of just how much he had cost me... directly and indirectly in lost incom...
by oldcomputerguy
Sat Sep 01, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: Withdrawals to Couch Potato Portfolio During Bear Market
Replies: 5
Views: 714

Re: Withdrawals to Couch Potato Portfolio During Bear Market

Make whatever withdrawals from each will bring your asset allocation back to your target.
by oldcomputerguy
Sat Sep 01, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Do-It-Yourself Wiring the Home With Ethernet: What to Buy
Replies: 54
Views: 3232

Re: Do-It-Yourself Wiring the Home With Ethernet: What to Buy

I guess my perspective is if there is fire in your walls, your house is burning down, and you have bigger problems than the amount of toxicity in the smoke. True dat. Try explaining that to a lawyer, though. Reminds me of some years back when we were involved at my workplace with a construction pro...
by oldcomputerguy
Sat Sep 01, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Do-It-Yourself Wiring the Home With Ethernet: What to Buy
Replies: 54
Views: 3232

Re: Do-It-Yourself Wiring the Home With Ethernet: What to Buy

MrBeaver wrote:
Sat Sep 01, 2018 8:46 am
[*]Plenum - I’m pretty sure the only difference is the thermal rating of the jacketing.
The way it was explained to me by a Belden representative, plenum wiring is made of materials that do not give off toxic fumes if burned.
by oldcomputerguy
Sat Sep 01, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Do-It-Yourself Wiring the Home With Ethernet: What to Buy
Replies: 54
Views: 3232

Re: Do-It-Yourself Wiring the Home With Ethernet: What to Buy

I have a drop ceiling in the basement which is pretty easy to route cables through with a ladder, I don't know if this is relevant in your private residence, but in my workplace we found that the fire marshal frowned severely on simply throwing Ethernet cables above the drop ceiling. Apparently the...
by oldcomputerguy
Sat Sep 01, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity's ER NOT zero?
Replies: 20
Views: 2250

Re: Fidelity's ER NOT zero?

It appears that trading costs are more than 1 bp and substantially more for active funds (estimated in 2013 to be 1-2 bp for every 1% in turnover on average). It appears then that when comparing the Fidelity Zero funds to Vanguard or the TSP that one should also look at brokerage costs or, as a pro...
by oldcomputerguy
Sat Sep 01, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity's ER NOT zero?
Replies: 20
Views: 2250

Re: Fidelity's ER NOT zero?

Post this M* link with the definition of Expense Ratio. http://www.morningstar.com/InvGlossary/expense_ratio.aspx Also see: https://www.bogleheads.org/wiki/Expense_ratios Why are "Portfolio transaction fees, or brokerage costs" not included in the expense ratio or listed separately? Are they not re...
by oldcomputerguy
Fri Aug 31, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3674

Re: Edward Jones advising roll over 401K to their IRA

I have two 401K accounts from previous employers that my Edward Jones advisor wants me to roll over into a Roth IRA that he will open and manage. Of course he does. And why does he want you to do that? Drumroll, please... he "only charges 2%" Rolling your other accounts over to EJ puts more of your...
by oldcomputerguy
Fri Aug 31, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Total StockInternational Fund
Replies: 10
Views: 1095

Re: Total StockInternational Fund

stan1 wrote:
Fri Aug 31, 2018 6:47 pm
You asked this question a few months ago, answers are probably still the same. :sharebeer

viewtopic.php?f=1&t=251557&p=3969833#p3969833
And a few days later as well...

viewtopic.php?f=1&t=252243&p=3984023#p3984023
by oldcomputerguy
Fri Aug 31, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 220
Views: 35819

Re: [Ally online savings now at 1.85%]

zaplunken wrote:
Fri Aug 31, 2018 6:34 pm
How do you get these emails from Ally? All I get is an email once a month when my Online Saving account statement is ready.
I have no idea. It's not something I signed up for. I guess I'm just one of the lucky ones who get unsolicited emails.
:?
by oldcomputerguy
Fri Aug 31, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Cash Builder - Investing in Stock?
Replies: 3
Views: 399

Re: Fidelity Cash Builder - Investing in Stock?

The box that allows you to enter your buy order asks which account the purchased security should live in. That's where it will take the money. There is no separate drop-down allowing you to select a separate account from which to pull the cash. So yes, you would have to transfer cash from the Cash M...
by oldcomputerguy
Fri Aug 31, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 220
Views: 35819

Re: [Ally online savings now at 1.85%]

Little by little... just got an email from Ally saying they're now at 1.85%.
by oldcomputerguy
Fri Aug 31, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity's ER NOT zero?
Replies: 20
Views: 2250

Re: Fidelity's ER NOT zero?

If they perform better then equivalent funds tracking the same index... the proof will be in the pudding. Unfortunately, the Fidelity Zero funds are benchmarked against Fidelity's proprietary indices. The closest we can come will probably be comparing them to other total market funds such as FSTVX ...
by oldcomputerguy
Fri Aug 31, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: How do you store financial account information with your estate plan?
Replies: 51
Views: 3221

Re: How do you store financial account information with your estate plan?

I have a LibreOffice document containing every detail of every account (including mailing addresses, phone numbers, account numbers, usernames, passwords, account purposes, whatever else I could think to load on). The original document file is stored on a USB stick in my safe, and a printed copy is ...
by oldcomputerguy
Fri Aug 31, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Best Checking Account?
Replies: 45
Views: 2765

Re: Best Checking Account?

What is a "KYC survey"?
by oldcomputerguy
Fri Aug 31, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity's ER NOT zero?
Replies: 20
Views: 2250

Re: Fidelity's ER NOT zero?

I think that the original poster on your other forum is making a strawman argument. Just because the fund's ER is zero does not necessarily mean that there are absolutely no fees involved in its operation. Mutual fund expense ratio figures typically do not include fund transaction costs; it would no...
by oldcomputerguy
Thu Aug 30, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Electric Fuse Question
Replies: 11
Views: 547

Re: Electric Fuse Question

This link: https://www.fusesunlimited.com/Glossary.aspx says: Brand Name Fustat Bussmann brand name for a dual element, time delay plug style fuse. Brand Name Tron Bussmann brand name for a specific type of plug fuse. I dunno if that helps. Googling 'buss fustat 15 amp type s' seems to say they are...
by oldcomputerguy
Thu Aug 30, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Electric Fuse Question
Replies: 11
Views: 547

Re: Electric Fuse Question

Type S indicates a "rejection" base. Type T indicates an "Edison" base. The two are not interchangeable. The "L" (in SL and TL) indicates time-delay characteristics that help the fuse withstand very momentary peak loads while still allowing it to blow when needed. You indicated that the fuse that bl...
by oldcomputerguy
Thu Aug 30, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity's calculator suddenly more optimistic?
Replies: 12
Views: 1735

Re: Fidelity's calculator suddenly more optimistic?

If you have entered "outside" accounts (non-Fidelity) you might have to manually input the percentages that represent the asset classes. This might be it. I believe that, with the old Fidelity FullView, their retirement calculator took the FullView-connected assets into account in its calculations....
by oldcomputerguy
Wed Aug 29, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: Local community is offering a class on Saving for Retirement
Replies: 11
Views: 532

Re: Local community is offering a class on Saving for Retirement

Ask at your community center who the instructor of the class is and then look up who they are and what they do. I strongly expect that they're big on the free bad chicken dinner circuit. In fact I did that very thing just last week. I got one of those "free investment seminar at local high-end rest...
by oldcomputerguy
Wed Aug 29, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Local community is offering a class on Saving for Retirement
Replies: 11
Views: 532

Re: Local community is offering a class on Saving for Retirement

Ask at your community center who the instructor of the class is and then look up who they are and what they do. I strongly expect that they're big on the free bad chicken dinner circuit. In fact I did that very thing just last week. I got one of those "free investment seminar at local high-end rest...
by oldcomputerguy
Wed Aug 29, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: Local community is offering a class on Saving for Retirement
Replies: 11
Views: 532

Re: Local community is offering a class on Saving for Retirement

Instead of spending the $25 on the class, why not spend it on a copy of the Bogleheads’ Guide to Investing? :D )
by oldcomputerguy
Wed Aug 29, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Considering iPad to replace failing Nexus tablet
Replies: 60
Views: 4660

Re: Considering iPad to replace failing Nexus tablet

I had (still have, stuck in a drawer) a Nexus tablet. It was pretty good except that the auto-rotate kept messing up and refusing to work (when it failed it would take a factory reset to get it to work again). Last year I bought an iPad Air 2, love it. The Nexus has been relegated to something I jus...
by oldcomputerguy
Tue Aug 28, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity equivalent to VIRBX
Replies: 8
Views: 714

Re: Fidelity equivalent to VIRBX

I am going to park some cash for a while, but could not find a great vehicle for this in Fidelity. How long is "a while"? Six months? Two years? Ten? The fund you specified (assuming that MAJIC9 was correct and that you meant VBIRX instead of VIRBX) has an average duration of 2.7 years, which means...
by oldcomputerguy
Tue Aug 28, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security question
Replies: 14
Views: 1494

Re: Social Security question

I believe my mother, at 62, will receive 35% of my fathers PIA. Very confusing. Close. It depends on your mother's full retirement age. When filing for spousal benefits before she reaches her own full retirement age (FRA), your mom's spousal benefit would be 50% of your dad's Primary Insurance Amou...
by oldcomputerguy
Tue Aug 28, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Escheatment - a series of mole holes
Replies: 24
Views: 1223

Re: IRA Escheatment - a series of mole holes

Yes. It also suggests minimizing the number of accounts and custodians. No. I am not willing to give up diversification. Custodian diversification? :confused Yes, absolutely. In an environment where one's retirement assets could be hacked at any time, it makes sense not to keep it all in one place,...