Search found 3425 matches

by oldcomputerguy
Mon Nov 05, 2018 6:42 am
Forum: Personal Consumer Issues
Topic: Lemon built in Bluestar fridge
Replies: 5
Views: 1083

Re: Lemon built in Bluestar fridge

I'd check to see if your state has a "Lemon law". If so, I'd exercise it and get my money back, and go with something else, even if you have to make changes to the cabinetry. From your description, it seems that you're running a real risk of doing permanent damage to your hardwood floor (and perhaps...
by oldcomputerguy
Sun Nov 04, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: FUSVX vs. FXAIX [Fidelity® 500 Index - Premium vs. Institutional]
Replies: 8
Views: 1237

Re: FUSVX vs. FXAIX

I have had my IRA in FUSVX. I just saw that it now converted to the fund FXAIX. Can anyone explain why? Thanks! https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/mutual-funds/Fidelity-lower-expense-ratios-index-mf_FAQs.pdf This is something that Fidelity advertised a bit back. Don'...
by oldcomputerguy
Sun Nov 04, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: How often should I buy VASIX and ORTYX given that they have transaction fees?
Replies: 14
Views: 1053

Re: How often should I buy VASIX and ORTYX given that they have transaction fees?

Why are you buying a Vanguard fund if you don't wish to be at V? I would be looking for Schwab index funds or low cost balanced funds. I would not pay that much, except perhaps once or a few times a year at most. I like muni funds at V as well. I agree. There are so many good funds available for no...
by oldcomputerguy
Sun Nov 04, 2018 7:07 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18321

Re: Vanguard website "unavailable during weekend of Nov 3"

Great start for the "new, "improved", updated software"... Well, to be fair, as far as I know nobody at Vanguard has yet said it was done and ready for public consumption. Let's let them finish before we start judging the results. Then don't invite log in attempts by posting the regular window. Kee...
by oldcomputerguy
Sun Nov 04, 2018 7:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18321

Re: Vanguard website "unavailable during weekend of Nov 3"

ResearchMed wrote:
Sun Nov 04, 2018 6:56 am
Great start for the "new, "improved", updated software"...
Well, to be fair, as far as I know nobody at Vanguard has yet said it was done and ready for public consumption. Let's let them finish before we start judging the results.
by oldcomputerguy
Sat Nov 03, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity's FUSVX became FXAIX on Nov. 2
Replies: 6
Views: 1224

Re: Fidelity's FUSVX became FXAIX on Nov. 2

not a taxable event. this was announced a while ago. https://www.bogleheads.org/forum/viewtopic.php?t=256736 Interestingly, in my email this morning I got two emails from Fidelity advising me of a “distribution” in each of my two bond funds. The two funds I hold in my IRA (US Bond Index and Short-t...
by oldcomputerguy
Sat Nov 03, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA - Bonds or Equities
Replies: 13
Views: 1237

Re: ROTH IRA - Bonds or Equities

Our Roths are a minor portion of our holdings (approx. 7% of total), and are 100% total market stock funds. All bonds are in tax-deferred.
by oldcomputerguy
Sat Nov 03, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18321

Re: Vanguard website "unavailable during weekend of Nov 3"

Wow! This is almost as exciting and worrisome as when Bogleheads goes down for maintenance. Maybe LadyGeek isn't as fun-loving as I thought--she should have taken BH down at the same time just to see what would happen. Perhaps she was concern it would result in a spike in the national suicide rate?...
by oldcomputerguy
Sat Nov 03, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18321

Re: Vanguard website "unavailable during weekend of Nov 3"

Whether you use the phone app or a separate token, each has a unique ID that is non transferable. That is, you have to pick one or the other, and if you change phones or get a new token, you need to have your account linked to the new device ID. Schwab may force you to pick between the physical tok...
by oldcomputerguy
Sat Nov 03, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for Fidelity managed mutual fund ideas
Replies: 11
Views: 626

Re: Looking for Fidelity managed mutual fund ideas

I have well over a million dollars in low cost index funds at Fidelity, including one of the Zero funds in a 3 fund portfolio. When I want to compliment this investment, I open the Fidelity page and sit back and exclaim: "You're Soooooo good looking". (stolen from a Seinfeld episode) This is why I ...
by oldcomputerguy
Sat Nov 03, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX -> FSKAX
Replies: 15
Views: 1555

Re: FSTVX -> FSKAX

This has been planned for a while and was announced in advance by Fidelity. It effectively moves Investor-class and Premium-class investors to Institutional Premium class, with the much lower ERs. Not everything moved yesterday, for example FTIPX (total international) is scheduled to be migrated nex...
by oldcomputerguy
Sat Nov 03, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18321

Re: Platform changes?

I have E*Trade with a Symantec token and have always wondered what would happen if I lost it or it malfunctioned. Are you saying I could also get the app on my phone and link that to my account also. I don't know, that would depend on E*Trade, I am only referring to Schwab. Ask E*Trade. And just so...
by oldcomputerguy
Sat Nov 03, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: If you have credit monitoring do you need to freeze credit?
Replies: 26
Views: 1234

Re: If you have credit monitoring do you need to freeze credit?

I guess in a way it's nice to know some folks out there don't want to be bothered to freeze their credit. It reminds me of the folks in my town who don't lock their doors. We have almost no crime in town and the one year there were a string of home robberies the only houses that were robbed were th...
by oldcomputerguy
Sat Nov 03, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Close to the Bull Trap phase of the market cycle
Replies: 32
Views: 2783

Re: Close to the Bull Trap phase of the market cycle

You know, I have read a bit about the "business cycle" over on Fidelity, and for the life of me I can't remember ever reading anything that described the "bull trap" phase. Early, Mid, Late, and Recession phases are all discussed, but not Bull Trap. What exactly is the Bull Trap phase of the market ...
by oldcomputerguy
Fri Nov 02, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Tick Prevention for Dogs
Replies: 10
Views: 661

Re: Tick Prevention for Dogs

We’ve had very good luck with these. Our dogs used to pick up a lot of ticks through the year, but since we started using these we have seen none.

https://www.1800petmeds.com/Preventic+A ... d3306.html
by oldcomputerguy
Fri Nov 02, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: If you have credit monitoring do you need to freeze credit?
Replies: 26
Views: 1234

Re: If you have credit monitoring do you need to freeze credit?

I recently applied for a new credit card. This was just prior to leaving for the Bogleheads Conference. The card was sitting in my PO Box when I got back.

Experian just flagged it this week.

Freeze your accounts.
by oldcomputerguy
Fri Nov 02, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa payment
Replies: 7
Views: 539

Re: Fidelity Visa payment

On November 1 the Visa showed a payment but none of my accounts show money being taken out. I called Elan and they say they got paid. This is pretty normal. I pay my Fidelity Visa card from my brick-and-mortar bank checking account, and the same thing happens there. Sit tight for a day or two. As l...
by oldcomputerguy
Fri Nov 02, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9294

Re: no dividends in index funds!

When a mutual fund or ETF pays a dividend, the price of the fund share falls by the amount of the dividend, so the net gain is zero. But you're still on the hook for taxes for the dividends, and if you reinvest those dividends (as you should if you're after total return growth) you'll have to come u...
by oldcomputerguy
Fri Nov 02, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?
Replies: 40
Views: 2060

Re: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?

As a follow up to my earlier post here https://www.bogleheads.org/forum/viewtopic.php?f=10&t=262790 and following the news of Apple's share price plummeting (in spite of excellent results), I should like to discuss the idea of investing in a fund that 'kicks out the largest stock', as Arnott sugges...
by oldcomputerguy
Fri Nov 02, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: REITS have beaten other stocks for 50 years
Replies: 31
Views: 2973

Re: REITS have beaten other stocks for 50 years

Drawdowns are a tricky thing to think about. Yes, REITs had a bigger drawdown. But also note that at no point was a portfolio of REITs at a lower dollar figure than the comparison portfolios. Didn't it go lower dollar-wise in February 2009? It seems so from the chart. Or is that the "fell from a gr...
by oldcomputerguy
Fri Nov 02, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: REITS have beaten other stocks for 50 years
Replies: 31
Views: 2973

Re: REITS have beaten other stocks for 50 years

Valuethinker wrote:
Fri Nov 02, 2018 6:04 am

You need to look at max drawdown.

That's what is terrifying.
Indeed, it is pretty gruesome, and is another facet of the higher volatility. I think I’ll pass. I don’t have the stomach for it.
:beer
by oldcomputerguy
Fri Nov 02, 2018 5:40 am
Forum: Investing - Theory, News & General
Topic: REITS have beaten other stocks for 50 years
Replies: 31
Views: 2973

Re: REITS have beaten other stocks for 50 years

There's no denying the data that shows REITS have performed well. However, it comes at the cost of a lot more volatility. Over the last twenty-four years (the time period during which Portfolio Visualizer has data for REITS), a portfolio of 100% REITS had a standard deviation of 19% versus 15% for 1...
by oldcomputerguy
Thu Nov 01, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: Equifax Data Breach
Replies: 9
Views: 1067

Re: Equifax Data Breach

I came to the conclusion a long time ago that Equifax's "monitoring" was a joke. I used to subscribe to them, no longer.
by oldcomputerguy
Thu Nov 01, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: Is market cap weighting a dumb idea?
Replies: 64
Views: 2998

Re: Is market cap weighting a dumb idea?

that's quite simple really. In market cap weighting your largest holding is the stock with the largest market cap. Yet historically this kind of stock has lagged behind the market (see OP). Since "large cap" in fact includes 80% of the stocks in the market, you seem to be positing that mid-small ca...
by oldcomputerguy
Thu Nov 01, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Help with Investing for Retirement
Replies: 21
Views: 1545

Re: Help with Investing for Retirement

swazii03 wrote:
Tue Oct 30, 2018 1:06 pm
So where should I start?
You should start here. Then go here, then here.
by oldcomputerguy
Thu Nov 01, 2018 4:56 am
Forum: Investing - Help with Personal Investments
Topic: need help with bond fund choice
Replies: 8
Views: 881

Re: need help with bond fund choice

Hi all, Thanks to feedback on this forum, I am rebalancing all my accounts and placing all bonds in non-taxable accounts and stocks in taxable. The challenge is my work 401K has very limited choices. I was in Blackrock LifePath, which had a fairly low expense ratio, but I really need to max out the...
by oldcomputerguy
Thu Nov 01, 2018 4:51 am
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5899

Re: Where should I be financially at 39?

When my boss retired some years back, his parting advice to me was "save all you can". Seems good advice no matter where you are in life.
by oldcomputerguy
Thu Nov 01, 2018 4:49 am
Forum: Investing - Theory, News & General
Topic: Is market cap weighting a dumb idea?
Replies: 64
Views: 2998

Re: Is market cap weighting a dumb idea?

May I suggest that a cap-weighted index always "overweights" (whatever that actually implies) expensive stocks. “Overweights” compared to what benchmark? :? I was going to the definition of cap-weighted - the fund holds more dollars of higher cap companies. I don’t know where he was going with the ...
by oldcomputerguy
Wed Oct 31, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: Is market cap weighting a dumb idea?
Replies: 64
Views: 2998

Re: Is market cap weighting a dumb idea?

David Jay wrote:
Wed Oct 31, 2018 3:27 pm
May I suggest that a cap-weighted index always "overweights" (whatever that actually implies) expensive stocks.
“Overweights” compared to what benchmark? :?
by oldcomputerguy
Wed Oct 31, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12262

Re: 'Smart money' bailing on the market, time to get out?

Ok, I’ll go ahead and say it and people can make fun of me... Wouldn't think of it. I do believe the current weakness in the market is likely the top of the almost 10 year bull market. As stupid as this sounds, it „feels‘ very much like 2008. I guess it depends on your perspective. I remember readi...
by oldcomputerguy
Wed Oct 31, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Is market cap weighting a dumb idea?
Replies: 64
Views: 2998

Re: Is market cap weighting a dumb idea?

Two things I come away with from this graphic (having not read the tweets): (1) The chart itself is gibberish. It shows the S&P500 return from 1972 to 2018, and compares it with a spliced graph of several stocks over varying time periods. There's no way to discern any intelligible comparison. Indeed...
by oldcomputerguy
Wed Oct 31, 2018 5:16 am
Forum: Personal Consumer Issues
Topic: Planning first international trip - London/Paris
Replies: 67
Views: 3354

Re: Planning first international trip - London/Paris

3. We would like to take the train to Paris for a day, is one day in Paris worth visiting for or should we stay a night then return to London? Well, with the trip taking two hours and fifteen minutes each way on Eurostar, that's almost five hours out of your day just in travel. That won't leave muc...
by oldcomputerguy
Wed Oct 31, 2018 5:02 am
Forum: Investing - Theory, News & General
Topic: Find out if your fund is declaring a dividend this month
Replies: 3
Views: 599

Re: Find out if your fund is declaring a dividend this month

Correct me if I'm wrong (and I easily could be); don't most equity funds at Vanguard pay distributions quarterly? If so, that would make the September data the most up-to-date for those funds. (Most bond funds I've seen pay monthly anyway and therefore don't need such a page).
by oldcomputerguy
Tue Oct 30, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Treasure Island or Bally's in Las Vegas
Replies: 32
Views: 2276

Re: Treasure Island or Bally's in Las Vegas

I like TI. You can find $10 tables there fairly easily even at night, which is becoming a rarity on the strip . I think they discontinued the pirate show, which would have been fun for the kids, but is right next to The Mirage which has the volcano show. Whoa. $10 tables are now a rarity? How in th...
by oldcomputerguy
Tue Oct 30, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Treasure Island or Bally's in Las Vegas
Replies: 32
Views: 2276

Re: Treasure Island or Bally's in Las Vegas

I like TI. You can find $10 tables there fairly easily even at night, which is becoming a rarity on the strip . I think they discontinued the pirate show, which would have been fun for the kids, but is right next to The Mirage which has the volcano show. Whoa. $10 tables are now a rarity? How in th...
by oldcomputerguy
Tue Oct 30, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2745

Re: ETF provider State Street unintentionally promotes traditional index funds

Using Vanguard ETF's also allows for easier tax loss harvesting in my taxable account. I can sell VTI and immediately see how much I money to have to buy ITOT. I actually don't see an advantage there. If I'm TLH'ing, and care about the exact dollar amount I'm working with, that is much simpler with...
by oldcomputerguy
Tue Oct 30, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2745

Re: ETF provider State Street unintentionally promotes traditional index funds

Vanguard offers ETFs, which are more expensive than their Admiral counterparts? By "more expensive" do you mean expense ratios? If so, then I believe your statement is perhaps incorrect. From what I've seen, most (if not all) Vanguard ETFs have ERs that are the same as the Admiral-class mutual fund...
by oldcomputerguy
Tue Oct 30, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2745

Re: ETF provider State Street unintentionally promotes traditional index funds

The game was reasonably fun, though the scores seemed unnecessarily inflated. To be honest, for a passive investor, is there ever any good reason to buy ETFs? I can't think of a single reason off the top of my head. Well, from what I've read, I believe that ETFs generally are more tax-efficient tha...
by oldcomputerguy
Mon Oct 29, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Changing to FZROX, IXUS, and FSITX?
Replies: 7
Views: 475

Re: Changing to FZROX, IXUS, and FSITX?

2. Thoughts on getting my international exposure through IXUS in my taxable account? Are you set on using an ETF for international? Fidelity's FTIPX tracks the same index as IXUS, and it's cheaper (6bp versus 10). 3. I'm a bit suspicious of the FZROX fund, but what I've read suggests it's tracking ...
by oldcomputerguy
Mon Oct 29, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Treasure Island or Bally's in Las Vegas
Replies: 32
Views: 2276

Re: Treasure Island or Bally's in Las Vegas

DW and I have stayed in both, I actually prefer Bally's. They're more centrally located on the Strip, and have IMHO a better breakfast buffet (it's actually in Paris but there's a connecting walkway). I wasn't really impressed with TI. But you will likely find folks leaning the other way as well.
by oldcomputerguy
Mon Oct 29, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: What would you call this kind of cord?
Replies: 24
Views: 1553

Re: What would you call this kind of cord?

Most people call the plug a NEMA-15 (because its for uo to 15 amps), or "you know, a regular plug like the toaster uses". I believe it's actually a NEMA-5/15 ( NEMA-5 is the standard , 15 is the capacity in amps). The other end is called a C-13. Yep. Just about any department or hardware store shou...
by oldcomputerguy
Sun Oct 28, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 40
Views: 3167

Re: If On Medicare Before SS, How Do You Pay?

So, you mail in the payment by writing your credit card number on the remittance slip? It seems risky. I would think it would be less risky than sending a check. My credit card is protected in case of fraudulent charge. My check will have my name, account number, and routing number on it, and my ch...
by oldcomputerguy
Sun Oct 28, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Another Fidelity Rollover question
Replies: 9
Views: 686

Re: Another Fidelity Rollover question

I am about to rollover my 401k from a previous employer (which is with Fidelity) to a Fidelity IRA. <snip> Anything else to consider? You will be losing some ERISA protections. --vtMaps OP, check to see if your state offers similar protections for traditional IRAs. For example, in my state (Tenness...
by oldcomputerguy
Sat Oct 27, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Consequences of wash sale
Replies: 4
Views: 327

Re: Consequences of wash sale

uberdoc wrote:
Sat Oct 27, 2018 7:40 pm
Hi,
I read a lot about TLH and wash sale here. What does actually happen if a transaction is marked as a wash sale?
Thanks.
If the sale is a wash sale, it means you can't count it as a loss on your taxes, thereby losing the practical benefit of tax loss harvesting in the first place.
by oldcomputerguy
Fri Oct 26, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: Market correction this week.
Replies: 15
Views: 2661

Re: Market correction this week.

The S&P 500 closed at 2,930.75 on September 20, 2018 and hit an intraday low of 2,628.16 today which is -10.3% (it did close higher and above the 10% correction level). Hard to believe that it was at an all time high just a little over a month ago. I will be danged if I can figure any rhyme or reas...
by oldcomputerguy
Fri Oct 26, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: Is emerging markets investable?
Replies: 51
Views: 2939

Re: Is emerging markets investable?

Valuethinker wrote:
Thu Oct 25, 2018 12:03 pm
I share your concerns re Chinese stock market which is 40% of EM, roughly..
Vanguard's VWO (FTSE Emerging Markets ETF) shows it at about 35%.
by oldcomputerguy
Fri Oct 26, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: Market correction this week.
Replies: 15
Views: 2661

Re: Market correction this week.

I wonder whether any name brand financial guru called this week's market correction? It wasn't a correction. The S&P 500 lost just over 4% this week. A correction is a 10% change. Now, in answer to your question, perhaps. Gurus have been known to be wrong, so if one called for a "correction" this w...
by oldcomputerguy
Fri Oct 26, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Market correction this week.
Replies: 15
Views: 2661

Re: Market correction this week.

I wonder whether any name brand financial guru called this week's market correction? It wasn't a correction. The S&P 500 lost just over 4% this week. A correction is a 10% change. Now, in answer to your question, perhaps. Gurus have been known to be wrong, so if one called for a "correction" this w...
by oldcomputerguy
Fri Oct 26, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7985
Views: 1621244

Re: U.S. stocks in freefall

And the beat goes on .... five minutes in, S&P 500 down 1.75%

Hang on for the bumps.
by oldcomputerguy
Wed Oct 24, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the 4% rule
Replies: 27
Views: 2428

Re: Question about the 4% rule

The premise of the 4% rule does not predict that you likely will not spend any principal. It is that you likely will not spend all of it.