Search found 211 matches

by Dominic
Fri Jun 16, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: Who mixes android and iOS
Replies: 24
Views: 2427

Re: Who mixes android and iOS

If you use a lot of paid apps, you might have to buy them on each OS. Other than that, there isn't really anything stopping you from mixing platforms. Google wants people to use their software, so their iOS apps are usually on par with Android. Your calendars and the like should work fine on both de...
by Dominic
Wed Jun 14, 2017 6:27 am
Forum: Personal Consumer Issues
Topic: Experience with HTTPS Everywhere?
Replies: 10
Views: 1896

Re: Experience with HTTPS Everywhere?

Definitely an add-on worth having. I don't think it has caused anything to break for me. All it does is make sure your connections are HTTPS instead of HTTP . I'm also fond of another EFF add-on, Privacy Badger. It identifies and blocks browser trackers. Ad blockers usually have lists for this, but...
by Dominic
Tue Jun 13, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Experience with HTTPS Everywhere?
Replies: 10
Views: 1896

Re: Experience with HTTPS Everywhere?

Definitely an add-on worth having. I don't think it has caused anything to break for me. All it does is make sure your connections are HTTPS instead of HTTP. I'm also fond of another EFF add-on, Privacy Badger. It identifies and blocks browser trackers. Ad blockers usually have lists for this, but P...
by Dominic
Sun Jun 11, 2017 8:25 pm
Forum: Investing - Theory, News & General
Topic: Add TIPS and High Yield Corporate Bonds To Your Portfolio?
Replies: 16
Views: 2975

Re: Add TIPS and High Yield Corporate Bonds To Your Portfolio?

TIPS are a great investment if you want to protect yourself specifically from inflation. No other safe instrument is linked to inflation, so it's a good diversifier. I am very against high yield bonds. They represent a sliver of the bond market, and they aren't really an asset class worth owning. Ri...
by Dominic
Fri Jun 09, 2017 11:25 pm
Forum: Investing - Theory, News & General
Topic: "Here's why bonds still belong in your portfolio."
Replies: 8
Views: 3041

Re: "Here's why bonds still belong in your portfolio."

Bond yields probably aren't going to go from near-zero to 1970s levels overnight. It's possible, but it's more likely that rates inch their way up stabilize somewhere. I think the risk of bonds is exaggerated. They generate steady cash and only really lose value if rates rise quickly (unless it's a ...
by Dominic
Fri Jun 09, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 11744

Re: Is Inflation Dying of Old Age?

I think the rationale for inflation being negatively correlated with population age makes sense. Retirees live off of the resources they have, and a younger workforce will generally be lower paid than a more experienced one. That would imply a tightening of monetary velocity, and as a result, decrea...
by Dominic
Sat Jun 03, 2017 2:10 pm
Forum: Personal Investments
Topic: Advice on 27 year old's portfolio
Replies: 8
Views: 1684

Re: Advice on 27 year old's portfolio

Regarding questions 1 and 2, your current approach is understandable but tax inefficient. Option 1: Hold the safe investments you're planning on using for your house in your retirement accounts. When you're ready to buy the house, exchange the low-risk funds for stock funds, and sell stocks in taxab...
by Dominic
Sat Jun 03, 2017 11:11 am
Forum: Personal Investments
Topic: Boglehead approved actively managed funds!
Replies: 28
Views: 5536

Re: Boglehead approved actively managed funds!

The criteria I'd use to evaluate active funds: - Low expense ratios and low turnover - Sector diversification (unless you're specifically targeting a sector such as healthcare for one reason or another) - Value OR quality tilted stock - High quality AND intermediate term bonds - Long, consistent his...
by Dominic
Thu Jun 01, 2017 10:52 pm
Forum: Personal Investments
Topic: Timing the market? :Bonds in rising interest rate environment
Replies: 22
Views: 4834

Re: Timing the market? :Bonds in rising interest rate environment

The market already prices in expectations of future interest rates. The current price of bonds includes the knowledge that the Fed is likely to raise the short term rate 1-2 more times in 2017.
by Dominic
Thu Jun 01, 2017 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4349
Views: 835716

Re: What's Your Credit Card Rewards Strategy?

My credit cards rewards strategy is to not have any credit card debt. I get rewarded with paying no interest. And I don't have to manage multiple credit cards...and I sleep well at night. But it is quite interesting how people use credit cards to get the rewards. I'm tempted to do some research on ...
by Dominic
Thu Jun 01, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: Changing Car Cabin Air Filter - after how much time
Replies: 67
Views: 7822

Re: Changing Car Cabin Air Filter - after how much time

How to change your cabin air filters (Civic edition): - Empty the glove box - Swing the glove box all the way down by pushing the sides in - Unclip the cover on a box that's about an inch tall - Pull the filter out - Look at how gross it is (maybe) - Put a new filter in - Reassemble everything you j...
by Dominic
Thu Jun 01, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Choosing Renewable Energy From My Electricity Supplier
Replies: 14
Views: 1516

Re: Choosing Renewable Energy From My Electricity Supplier

I suspect there is a good heart to this but everything is fungible. It's not like because you sign up for this that there will suddenly be more green energy produced. In other words, it's nonsense. Supply and demand. The more people who elect to buy renewable energy, the more utilities will expand ...
by Dominic
Tue May 30, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Index Missing Big Names
Replies: 31
Views: 5720

Re: Emerging Markets Index Missing Big Names

When you buy BABA, you're buying a "variable interest entity (VIE)." Wow. The Cayman Islands company has contractual rights to the profits of Alibaba China, but it has no economic interest. If it all sounds too neat, there are two significant risks with the V.I.E. structure — risks that Alibaba has...
by Dominic
Tue May 30, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Index Missing Big Names
Replies: 31
Views: 5720

Re: Emerging Markets Index Missing Big Names

The problem is there is no such thing as owning equity in Alibaba or Baidu. When you buy BABA, you're buying a "variable interest entity (VIE)." These are incorporated offshore, and sign contracts with the real Alibaba entitling them to some share of profits. You're buying equity in a company that h...
by Dominic
Sun May 28, 2017 12:28 pm
Forum: Personal Investments
Topic: Should I go into a target date fund, or separate index funds?
Replies: 45
Views: 5924

Re: Should I go into a target date fund, or separate index funds?

I personally use a LifeStrategy fund because I feel that (although I am very far from retirement), a 10% allocation to bonds is too low. It's not diversified enough for my tastes, and I don't trust myself to ride out a 90% stock portfolio. Unfortunately, most target date funds hold 90% stocks for th...
by Dominic
Sun May 28, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Deleted
Replies: 30
Views: 4712

Re: i just changed all my passwords

By the time that quantum computers are available to the masses (for quickly breaking current password schemes), the gurus will likely have devised bust-proof techniques to thwart them as well. Already done. We have about 6 encryption schemes that have no known quantum algorithms to crack. Some of t...
by Dominic
Sat May 27, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: Updates on the status of Linux
Replies: 129
Views: 15698

Re: Updates on the status of Linux

Anyone else looking forward to upgrading their laptop to Debian 9 (Stretch)? Why, are they breaking something that would make the upgrade painful? Or such that you have to do a clean reinstall? I haven't reinstalled my desktop since 2009. I use a (so-called "meta") compiled-from-source distribution...
by Dominic
Sat May 27, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: Updates on the status of Linux
Replies: 129
Views: 15698

Re: Updates on the status of Linux

May or may not be on topic: Despite the developers touting it as the next best thing that will revolutionize everything, I've not met a single person that not only liked, but didn't hate Ubuntu's Unity interface. I'd go with Linux Mint these days if you don't need to use any specialized software (n...
by Dominic
Fri May 26, 2017 5:21 pm
Forum: Personal Investments
Topic: What interest rate can be expected from bond funds?
Replies: 7
Views: 1086

Re: What interest rate can be expected from bond funds?

Find the fund's SEC yield. That's the average interest rate of the bond fund. However, bond funds can also lose or gain value in other ways. If credit ratings change, interest rates change, or bonds go into default, then you won't get exactly that yield to maturity. If you hold the fund for its full...
by Dominic
Fri May 26, 2017 5:05 pm
Forum: Personal Investments
Topic: Really trying to understand no bonds in taxable
Replies: 46
Views: 4971

Re: Really trying to understand no bonds in taxable

would a state tax exempt muni bond be ideal for taxable? Only if your state income tax is extremely high. State muni funds are generally long term (risk without much reward at that point) and are always less diversified than municipal funds. You can calculate tax-equivalent yield to see if munis (o...
by Dominic
Thu May 25, 2017 6:08 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 8417

Re: Boglehead Portfolio vs. All Other Possible Investments

The best? No. In theory, one of the best portfolios for the last 20ish years would have been 100% Apple. But we only know that in hindsight. You could have just as easily bought 100% Enron and gone broke. However, some combination of low cost funds is likely to be among the best portfolios forever. ...
by Dominic
Thu May 25, 2017 5:27 pm
Forum: Personal Investments
Topic: Liquidity question: Max retirement savings vs. build EFund?
Replies: 8
Views: 1152

Re: Liquidity question: Max retirement savings vs. build EFund?

Hold cash in your Roth in a money market fund. If you have an emergency, you can withdraw the principal and you're in the same situation as you would have been otherwise: small Roth deposit in 2017, but had liquid cash to cover it. If there is no emergency, you maxed your account and got a ~1% inter...
by Dominic
Thu May 25, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 3042

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

The only legitimate criticism of index funds, IMHO, is how they will effect corporate governance. Vanguard, Blackrock, and State Street are the largest non-insider owners of most publicly traded companies. Will index fund managers hold corporate management accountable in the same way individual sha...
by Dominic
Tue May 23, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: The dot com "do over" bull market?
Replies: 82
Views: 10816

Re: The dot com "do over" bull market?

I think the difference is that valuations are high across the board because the discount rate is very low. Companies like Netflix and Amazon are just growth companies. They happen to be tech companies, but growth stocks in general are a constant. In the past, companies such as Ford would trade with ...
by Dominic
Sun May 21, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: The Core Four
Replies: 320
Views: 216059

Re: The Core Four

I'm debating adding REITS to my current 3 fund portfolio. Are there any links/threads I missed that show the analysis of the historical difference between having the 10% equity REIT allocation vs not having it? I like its diversification (I think), but am trying to figure out if the extra REITS are...
by Dominic
Sat May 20, 2017 11:16 pm
Forum: Investing - Theory, News & General
Topic: Puzzle for you: Stocks returns vs. Economic Growth
Replies: 36
Views: 3932

Re: Puzzle for you: Stocks returns vs. Economic Growth

My educated guess: A = US B = China C = India This is based off of my memory of recent return tables. The US was one of the best markets to invest in over the past few decades. India's returns have been flat. China has done okay. GDP growth is definitely uncorrelated with investment returns. That mu...
by Dominic
Sat May 20, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 15870

Re: Home Country Bias...makes sense?

How do you know it doesn't make sense? Some speculate the US is the place to be, others speculate international is where it's at. You state that the past doesn't predict the future, then in the very next sentence you warn how what happened in europe the past was bad for them and it could happen her...
by Dominic
Sat May 20, 2017 7:00 pm
Forum: Personal Investments
Topic: Will Vanguard Prime Money Market fund remain competitive with online banks?
Replies: 6
Views: 1857

Re: Will Vanguard Prime Money Market fund remain competitive with online banks?

At what interest rate is Prime MM a priority over FDIC insured online bank? It was very rare to see a money market fund break the buck before 2007. There were problems in 2007, of course, but it should be unlikely to happen again after the regulations put into place. Also, Vanguard is fairly cautio...
by Dominic
Sat May 20, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 15870

Re: Home Country Bias...makes sense?

An asset's price reflects is risk and return characteristics. Riskier assets have higher returns. Less risky assets have lower returns. If you underweight the international market (a risky asset class, relatively speaking), then expect lower returns in exchange for your risk. For retirees or people ...
by Dominic
Mon May 15, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance: How Early Is Too Early?
Replies: 14
Views: 1805

Re: Life Insurance: How Early Is Too Early?

Well let's see what the market says. Just using some numbers from Term4Sale for a $1M policy... Exceptional health: 23 years old, 35-year term: $774/yr or $27,090 over the term. 28 years old, 30-year term: $658/yr or $19,740 over the term. 33 years old, 25-year term: $609/yr or $15,225 over the ter...
by Dominic
Mon May 15, 2017 7:05 pm
Forum: Investing - Theory, News & General
Topic: Do stocks always go up long term?
Replies: 56
Views: 7391

Re: Do stocks always go up long term?

No.

Returns in Japan have been flat for 30 years, even after adding dividends. It's not impossible for a long term investor to lose money in the stock market.
by Dominic
Mon May 15, 2017 6:21 pm
Forum: Personal Consumer Issues
Topic: Quality decline in off-brand alkaline batteries?
Replies: 37
Views: 6999

Re: Quality decline in off-brand alkaline batteries?

The underlying chemistry is the same, and the voltage is the same, but the quality and quantity of the chemicals they're using varies, so the amount of energy they store varies. This site built a test circuit to drain a variety of AAs (alkaline, zinc, and lithium of various brands) and found that th...
by Dominic
Mon May 15, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance: How Early Is Too Early?
Replies: 14
Views: 1805

Re: Life Insurance: How Early Is Too Early?

If you have no dependents, what is the purpose other than to throw your money away or make someone very rich while you enjoy your eternal rest. To protect against an increase in premiums, or to protect against a decline in health. Like I said, I'm not sure it's worth buying before it's necessary ju...
by Dominic
Mon May 15, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance: How Early Is Too Early?
Replies: 14
Views: 1805

Life Insurance: How Early Is Too Early?

Hey all, I've been reading up on life insurance lately, and have a bizarre question: is there ever a time where it's too early to buy a life insurance policy? The typical use case for a life policy is to protect dependents from being unable to afford to pay off your debts and to replace some of the ...
by Dominic
Sat May 13, 2017 11:09 pm
Forum: Personal Consumer Issues
Topic: Switch from iPhone to Google Fi and Pixel?
Replies: 37
Views: 8400

Re: Switxh from iPhone to Google Fi and Pixel?

I don't have experience with Fi. On paper, it sounds like a great idea to combine the capabilities of Sprint and T-Mobile (and US Cellular if you're in the midwest). I'm not entirely sure how it works in practice. I have a Pixel, and it's a phenomenal phone. Software will always be up-to-date, perfo...
by Dominic
Sat May 13, 2017 12:11 am
Forum: Investing - Theory, News & General
Topic: What happens to BND (Total Bond Index) during a downturn
Replies: 43
Views: 5765

Re: What happens to BND (Total Bond Index) during a downturn

Flight to safety instantly increases valuation on safe bonds such as Treasuries, agency bonds, and the top tier of corporate bonds. If there's a wave of downgrades (or highly rated bonds start to default), corporates will lose value. If central banks step in and decrease short term interest rates, b...
by Dominic
Fri May 12, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Behavioral Anomalies Will Persist?
Replies: 40
Views: 5393

Re: Do You Think Behavioral Anomalies Will Persist?

Purely behavioral premia should not persist. Risk premia should persist. Investors should be rewarded for buying and holding riskier assets. Stocks will beat bonds in the long run. Small value stocks will outperform in the long run. In some sense, these risk premia are behavioral. People don't hold ...
by Dominic
Thu May 11, 2017 5:49 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Most market anomalies academics have identified don’t exist
Replies: 53
Views: 8467

Re: WSJ: Most market anomalies academics have identified don’t exist

I like the quote from Asness saying he's worried people will start discarding factors. Because that's the most important thing, we don't want people dismissing smart beta. I thought that was funny too Personally i think momentum is a crock. Picking up nickels in front of a steamroller. The momemtum...
by Dominic
Wed May 10, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Performance chasing... vs staying the course
Replies: 9
Views: 1392

Re: Performance chasing... vs staying the course

I listen to the advice of people who know better than me: Jack Bogle, Taylor Larimore, Larry Swedroe, Rick Ferri, Bill Bernstein, and others.

To paraphrase, more money has been lost chasing yield than at the point of a gun.
by Dominic
Tue May 09, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks vs S&P 500
Replies: 24
Views: 6341

Re: Dividend stocks vs S&P 500

Taxes might wind up chewing that outperformance up somewhat. Capital gains are taxed more favorably than dividends, so taxable investors should favor companies which reinvest in their own capital, regardless of return. The other issue is that research points to dividend yield not being a true factor...
by Dominic
Mon May 08, 2017 12:47 pm
Forum: Personal Investments
Topic: My daughter Pepsi shares - where are they??
Replies: 4
Views: 1515

Re: My daughter Pepsi shares - where are they??

. Where can I search for them? You are in Israel now, but did you live in the USA when you bought the shares? If so, and you know the state, you could look in the lost property web site for that state under your name and your daughter's name. JW If they were bought in the US and you never cashed th...
by Dominic
Fri May 05, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: Are indexed funds overblown?
Replies: 89
Views: 8812

Re: Are indexed funds overblown?

This is what you'd expect an active manager of a high cost fund to say. Index funds are attacking his livelihood. He admitted that in the interview. What about his allegation that indexed funds have hidden costs? Hidden costs might be transaction costs and taxable distributions. Both extremely low ...
by Dominic
Wed May 03, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: What conditions could make returns for TSM and S&P separate significantly?
Replies: 24
Views: 2247

Re: What conditions could make returns for TSM and S&P separate significantly?

Massive change in index construction is the most likely one in my eyes. When companies are added to the S&P 500, their value increases tremendously. This happens before S&P index funds complete buying their shares -- that is, S&P funds are buying high, while total stock market funds are enjoying the...
by Dominic
Wed May 03, 2017 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Most "technologically savvy" bank?
Replies: 32
Views: 5215

Re: Most "technologically savvy" bank?

Chase allows me to use fingerprint login on Android. Ally, Discover, and Schwab do as well. I have had no issues with any of these four institutions in terms of websites and apps. Schwab's checking account is excellent, and Ally is great as well. I'm really tired of needing to remember 15 unique pas...
by Dominic
Fri Apr 28, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Press Release--Vanguard: World's Largest Stock And Bond Funds Report Lower Expense Ratios
Replies: 7
Views: 2093

Re: Vanguard Press Release--Vanguard: World's Largest Stock And Bond Funds Report Lower Expense Ratios

We seem to be getting into the area where expenses don't matter nearly as much as what a firm's security lending policies are. These funds could easily earn 5-10bps in security lending income per year, far outpacing the expenses. VG's policy is to operate security lending operations extremely conse...
by Dominic
Fri Apr 28, 2017 1:29 pm
Forum: Personal Investments
Topic: Stay Out Of REITs?
Replies: 35
Views: 5694

Re: Stay Out Of REITs?

Despite what the others say it does not make a lot of sense to diversify into REITs at all time highs. The US market in general is at all time highs. You'd be selling the market high and buying REITs high. I will second this - kind of. REIT valuations are no more out of line than the S&P 500. As fo...
by Dominic
Thu Apr 27, 2017 10:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 7432

Re: Vanguard New Lower ER .04%

Thinking out loud here: As of now, I'm pretty sure Fidelity and Schwab do give most lending income back to the funds. However, in the future, they should be able to keep it to themselves without impacting expense ratios. They can look like they're less expensive than Vanguard, even while Vanguard co...
by Dominic
Thu Apr 27, 2017 7:22 pm
Forum: Personal Investments
Topic: Stay Out Of REITs?
Replies: 35
Views: 5694

Re: Stay Out Of REITs?

Blueskies123 wrote:Despite what the others say it does not make a lot of sense to diversify into REITs at all time highs.
The US market in general is at all time highs. You'd be selling the market high and buying REITs high.
by Dominic
Thu Apr 27, 2017 7:08 pm
Forum: Personal Investments
Topic: Stay Out Of REITs?
Replies: 35
Views: 5694

Re: Stay Out Of REITs?

If you believe that REITs are an asset class that will diversify your portfolio, then buy them and hold them as per your asset allocation. However, buying based on valuation is fundamentally market timing. If you want to decrease risk while changing your asset allocation to include REITs, then you c...
by Dominic
Wed Apr 26, 2017 8:27 pm
Forum: Personal Investments
Topic: Fed and newbie boglehead seeking portfolio advice
Replies: 17
Views: 2106

Re: Fed and newbie boglehead seeking portfolio advice

Thanks very much! Do you think it would be better to put Vanguard Total International Stock Market into taxable, or some combo of Vanguard Total Stock Market and Total International as retiredjg suggested above? Retiredjg included bonds as well, but I assume they're less attractive in taxable given...