Search found 5445 matches

by LH
Mon Mar 03, 2014 1:28 am
Forum: Investing - Theory, News & General
Topic: REITs as a third asset class
Replies: 29
Views: 5198

Re: REITs as a third asset class

In a bid to encourage intellectual understanding, rather than vague assertions that 'REITs have been around for thousands of years', quoting the Talmud, etc. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1879968&rec=1&srcabs=1966058&alg=1&pos=10 Abstract: This paper utilizes the Carlson, Titma...
by LH
Mon Mar 03, 2014 12:51 am
Forum: Personal Consumer Issues
Topic: Cheap ammo
Replies: 32
Views: 4634

Re: Cheap ammo

bluemarlin08 wrote:I was considering the 10/22 but hesitant with the lack of ammo.

Good solid gun. Can't go wrong with it.

At some point, the market will clear.
by LH
Sun Mar 02, 2014 8:07 am
Forum: Investing - Theory, News & General
Topic: REITs as a third asset class
Replies: 29
Views: 5198

Re: REITs as a third asset class

A prior, REITS are a third asset class. The income source, is unique. Nothing has changed in thousands of years, fundamentally. There are several areas of conflation. 1) a REIT is sold on the stock market, therefore being landowner is now identicle to being a merchant. Ie reits = business stock. The...
by LH
Thu Feb 27, 2014 5:36 pm
Forum: Personal Consumer Issues
Topic: any objective studies on how long CFL bulbs last?
Replies: 26
Views: 1821

any objective studies on how long CFL bulbs last?

Is there a consumer reports type study(s) on CFL bulb actual life in actual home use?

thanks,

LH
by LH
Thu Feb 27, 2014 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bitcoins as investment
Replies: 210
Views: 19796

Re: Bitcoins as investment

Bitcoin as a speculative investment, yeah. Bitcoin may well be taken out. Its just a bunch of zeros and ones, with no government backing. Criminal hackers and governments, both have an interest in taking it down and or stealing/taxing it. Governments do not screw around with their monopoly on money ...
by LH
Thu Feb 27, 2014 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: TBM for life?
Replies: 26
Views: 3364

Re: TBM for life?

Bonds are for safety. Now consider a high inflation environment like the 70s. TBM is not safe in high inflation. Inflation can devast a bond holding in TBM. Especially if it happens in retirement stage. I would recommend TIPS + TBM. That way, if 70s like inflation comes again, the TIPS -=hopefully=...
by LH
Thu Feb 27, 2014 4:34 pm
Forum: Investing - Theory, News & General
Topic: Has anyone seen the Japanese Stock Market?
Replies: 73
Views: 9929

Re: Has anyone seen the Japanese Stock Market?

When I see graphs like this it really puts global diversification into perspective for me. We are presently 60% US and 40% International and plan to stay the course. I would expect however that the graph does not include dividends or the compounding of dividends. The return to the average Japanese ...
by LH
Thu Feb 27, 2014 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: TBM for life?
Replies: 26
Views: 3364

Re: TBM for life?

I'm 40 and the first to admit that bonds confuse me. Am I irresposible for wanting to keep 100% of my fixed income allocation in TBM forever and always? Diversifying fixed income gets so complicated so quickly. Maybe just add short-term TIPS at retirement? Is following the Vanguard Target Date Fund...
by LH
Tue Feb 25, 2014 3:44 pm
Forum: Investing - Theory, News & General
Topic: Are There Rebalancing Bonuses?
Replies: 7
Views: 963

Re: Are There Rebalancing Bonuses?

Yes.

There are rebalancing bonuses.

The question is whether they will be positive or negative.
by LH
Tue Feb 25, 2014 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Feedback of Personal AA Requested
Replies: 6
Views: 821

Re: Feedback of Personal AA Requested

Unless it's your only option I would get out of the Wellington. It's easier to just have an asset allocation and then match your funds to that allocation. So yes I would have a bond fund for your bond exposure BND would be fine, or tips, or a mix Depending on your nominal versus inflation protected ...
by LH
Sun Feb 23, 2014 3:06 am
Forum: Investing - Theory, News & General
Topic: Thought provoking Zweig Article in WSJ
Replies: 32
Views: 12154

Re: Thought provoking Zweig Article in WSJ

While recessions are bad for stocks, they are good for bonds. In 2008, U.S. Treasuries were the only major asset that went up in price. Everything else collapsed in the financial crisis—including these bond alternatives, which are highly sensitive to economic downturns. Underline added. It is a goo...
by LH
Sat Feb 22, 2014 3:08 pm
Forum: Investing - Theory, News & General
Topic: Thought provoking Zweig Article in WSJ
Replies: 32
Views: 12154

Re: Thought provoking Zweig Article in WSJ

FWIW IMO Allan Roth is WAY WRONG on that issue--if you limit your holdings to AAA/AA and only essential services historically, even in the great depression, the default losses almost ZERO. The mistake that many make is the same one that Meredith Whitney made with her forecast which no looks absurd ...
by LH
Sat Feb 22, 2014 3:04 pm
Forum: Investing - Theory, News & General
Topic: Thought provoking Zweig Article in WSJ
Replies: 32
Views: 12154

Re: Thought provoking Zweig Article in WSJ

well, one cannot succesfully duration time bond funds. If you are making a change forever, then that is one thing. If you are making a change based on recent past events, thinking it foretells future events, well it does not, and it does not expectantly work. If it did work, one would not be buying ...
by LH
Thu Feb 20, 2014 11:27 pm
Forum: Investing - Theory, News & General
Topic: Can a purely deflationary currency last? [bitcoin]
Replies: 83
Views: 8835

Re: Can a purely deflationary currency last? [bitcoin]

The romanticism for the gold standard is quite amusing; governments debased gold-based currencies just as easily as they can debase paper currencies. Well, I do not get the romanticism reference from reading the other poster you reference. But I would posit for your further amusement that: governme...
by LH
Thu Feb 20, 2014 10:29 pm
Forum: Investing - Theory, News & General
Topic: REITs in taxable
Replies: 37
Views: 3521

Re: REITs in taxable

If you're in the distribution phase and spending the distributions, sure, why not? How is being in the distribution phase relevant in any way? Simple. A retiree needs cash flow from dividends. No, no, no. Retirees want qualified dividends just like everyone else and retirees should be following a t...
by LH
Thu Feb 20, 2014 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard Bond Funds for a Taxable Account?
Replies: 32
Views: 4358

Re: Which Vanguard Bond Funds for a Taxable Account?

Hi, I'm 37 with a current overall 9% allocation in bonds , but I'd like to make it a 25% bond allocatio n. I'm 27% cash , so I don't need to sell equities to buy these bonds. I really don't know much about bonds and could use some tips. My first thought would be to slow down a bit. You are changing...
by LH
Thu Feb 20, 2014 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: First time filing my own taxes. plan is taxact
Replies: 2
Views: 370

First time filing my own taxes. plan is taxact

Have decided to file my own taxes for 2013. Have decided to go with taxact from reading the board. I assume this is the site that a lot of people use here. http://www.taxact.com/ It has three options, free, deluxe, ultimate. I am an MD, have worked in two states, with w2 compensation only in 2013, t...
by LH
Wed Feb 19, 2014 5:40 am
Forum: Investing - Theory, News & General
Topic: REITs in taxable
Replies: 37
Views: 3521

Re: REITs in taxable

In accumulation, I would not hold REIT in taxable. Vanguard variable annuity would be a consideration. Have to look carefully at the numbers, costs, er, tax considerations, also the asset protection as a minor benefit. If you can't shelter, reits become dicey. .if reits yield 4 percent, at 25 percen...
by LH
Mon Feb 17, 2014 4:10 am
Forum: Investing - Theory, News & General
Topic: Rental properties - Risk-adjusted return seems way too high
Replies: 37
Views: 3285

Re: Rental properties - Risk-adjusted return seems way too h

How is your example fundamentally different from REIT in what it would return?


I think in reality, the return does not do as well as you think versus business stock.
by LH
Sun Feb 16, 2014 1:53 am
Forum: Investing - Theory, News & General
Topic: New Book - White Coat Investor
Replies: 19
Views: 3521

Re: New Book - White Coat Investor

Congratulations : )
by LH
Fri Feb 14, 2014 1:42 am
Forum: Investing - Theory, News & General
Topic: Zombie Gold
Replies: 3
Views: 910

Zombie Gold

Will gold ever fall below 800 again? I have to admit, I am not happy with gold going above 1300 again. Again and again, its gold is going to fall, gold is going to fall, but then, it gets beaten down, then pops back up like a zombie. For about 1-2 years, I have been waiting for gold to drop like a s...
by LH
Thu Feb 13, 2014 1:43 am
Forum: Local Chapters and Bogleheads Community
Topic: Pet peeve: When people refer to this forum as "Boggleheads."
Replies: 36
Views: 8585

Re: Pet peeve: When people refer to this forum as "Bogglehea

mhc wrote:
greg24 wrote:Yaba Daba Do.
I prefer, "Yabba Dabba Do."
tomato!



PS in before the lock : )
by LH
Tue Feb 11, 2014 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: What is the usual time to do your taxes?
Replies: 29
Views: 2591

What is the usual time to do your taxes?

I have not done my taxes in the past. But basically, I have several IRA accounts, an HSA account, a 401K account, some type of money purchase plan account, and a brokerage account (this is my wife and me). Its seems that in January, it would be impossible to do taxes, because at least some of those ...
by LH
Mon Feb 10, 2014 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for making iPhone apps
Replies: 13
Views: 1504

Re: Tips for making iPhone apps

Ok, To be a Boglehead, you have to use MPT approach, invest in TSM, TBM at minimum, then almost certainly put in some fTSM as well. consider 50/50 TIPS/AGG for bonds. That gets you to the core 3(or 4 if using tips/agg). After that, per FF factors theory, add in some SCV tilt. After that REIT may be ...
by LH
Mon Feb 10, 2014 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: "The dangers of long-term care insurance"
Replies: 132
Views: 18583

Re: "The dangers of long-term care insurance"

Bogleheads: If you are thinking about buying long-term care insurance, this PBS article will help you decide what to do: An economist explains the dangers of long-term care insurance Best wishes. Taylor Kudos. Kudos. Kudos. It good to see this on this board. More critical actual thought, more looki...
by LH
Mon Feb 10, 2014 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: 529 as part of AA question
Replies: 19
Views: 1569

Re: 529 as part of AA question

I keep it separate from my retirement.

If 529 expectantly is not going to be there when I retire....... Its not part of retirement.

also, if it needs to be used in 2021, I want to get conservative with that money near 2021, versus 2035 when I will be 65 God willing.
by LH
Sun Feb 09, 2014 10:13 pm
Forum: Investing - Theory, News & General
Topic: Is 60/40 really the gold standard?
Replies: 35
Views: 6471

Re: Is 60/40 really the gold standard?

Years ago I read the Lazy Persons Guide to Investing by Paul Farrell. While Paul Farrell jumped the shark quite a few times, this book was outstanding. The winner of all the Lazy Portfolios was Scott Burns Couch Potato Portfolio which at the time consisted of 50 in the Vanguard S&P Index Fund and 5...
by LH
Sun Feb 09, 2014 9:27 pm
Forum: Personal Consumer Issues
Topic: Umm....anyone else notice aggressive new online ads?
Replies: 14
Views: 1508

Re: Umm....anyone else notice aggressive new online ads?

There are no ads on this site. If you see ads, you have some sort of malware. http://www.malwarebytes.org/ go there, and get the free version. Even better, since you should never really trust anything per se, go to a site like cnet.com that is large, and well known, and download it from there. (I co...
by LH
Sun Feb 09, 2014 7:38 pm
Forum: Personal Consumer Issues
Topic: OMG! [Accidentally closed brower, lost edits]
Replies: 22
Views: 2118

Re: OMG!

Right. Me, I never can learn to use the "minimize" button (meaningless yellow gumdrop in Safari) to get windows out of the way instead of closing them. Usually, when I am aware that I've typed in more than I want to lose, I can remember to do a "select all", "copy." This is rather fragile because i...
by LH
Sun Feb 09, 2014 7:35 pm
Forum: Investing - Theory, News & General
Topic: Any Hungarian, Polish, Argentinian, Portuguese Bogleheads?
Replies: 15
Views: 2157

Re: Any Hungarian, Polish, Argentinian, Portuguese Boglehea

lazyday wrote:LH, in case you haven't seen this blog: http://ferfal.blogspot.com/

Thanks, I have not looked there in quite a while. He had some good links. I found his book interesting. Any other links or books you recommend?
by LH
Sun Feb 09, 2014 5:35 pm
Forum: Investing - Theory, News & General
Topic: REITs or Individual Real estate investments?
Replies: 14
Views: 2302

Re: REITs or Individual Real estate investments?

REITS give one land exposure with expected good return from renting land and expected beneficial correlation with businesses and renting money(bonds). REITS require no skill, except ability to take the volatility, understand correlation over time, and not capitulate. They, like SCV, are not for ever...
by LH
Sun Feb 09, 2014 7:59 am
Forum: Investing - Help with Personal Investments
Topic: omg, did I miss the buying opportunity in stocks?
Replies: 54
Views: 7735

Re: omg, did I miss the buying opportunity in stocks?

Need to be alert for both Dips and RBDs. Lotsa threads about this here... On a forum dedicated to the premise that market timing doesn't work :oops: 1+ It's highly unfortunate. People who come here don't know any better, could actually try and do rbd, not knowing its either a farce, or just wrong a...
by LH
Sun Feb 09, 2014 12:09 am
Forum: Investing - Theory, News & General
Topic: Why Own Bonds at All?
Replies: 492
Views: 43475

Re: Why Own Bonds at All?

There is a lot of talk about loss of "purchasing power" with bonds but nothing about inflation adjusted bonds. Loss of purchasing power, namely that inflation will outstrip the bond's interest payments and return of capital, can be (mostly) avoided by using inflation adjusted bonds like TIPS or IBo...
by LH
Sat Feb 08, 2014 11:40 pm
Forum: Investing - Theory, News & General
Topic: Any Hungarian, Polish, Argentinian, Portuguese Bogleheads?
Replies: 15
Views: 2157

Re: Any Hungarian, Polish, Argentinian, Portuguese Boglehea

Hi: Here are some common elements (in reverse time order, most recent (2013) to further back (2008): Portugal plunders pension fund to tackle debt cliff | Reuters Polish Parliament Approves Pension-Fund Revamp to Cancel Bonds - Bloomberg Hungary Follows Argentina in Pension-Fund Ultimatum, `Nightma...
by LH
Sat Feb 08, 2014 6:58 pm
Forum: Investing - Theory, News & General
Topic: Portfolio theory and the riskless (safest) asset
Replies: 54
Views: 5254

Re: Portfolio theory and the riskless (safest) asset

From financial economist John Cochrane's blog. John (Campbell) pointed out that long term bonds are the riskless asset for long-term investors, so we should build portfolio theory around indexed perpetuities, not one-month T bills. I thought, "that's so obvious!" and, simultaneously, kicking myself...
by LH
Sat Feb 08, 2014 12:11 pm
Forum: Investing - Theory, News & General
Topic: Why Own Bonds at All?
Replies: 492
Views: 43475

Re: Why Own Bonds at All?

As to volatility, I guess I think the volatility wouldn't matter to me if I could continue to withdraw the 4% without the fear of running out. Heh, that's the point isn't it? that's a pretty big if up there. You retire at 60 in 2008 with $2 million in 100% stocks, and the stock market crashes 50% a...
by LH
Sat Feb 08, 2014 10:58 am
Forum: Investing - Theory, News & General
Topic: Why Own Bonds at All?
Replies: 492
Views: 43475

Re: Why Own Bonds at All?

For each year of each simulation, we randomly select one year of stock, bond, and stable-value returns from the database. Using those values, we calculate what would happen to your portfolio—subtracting your spending, adjusting for inflation, and adding your investment return. We repeat this proces...
by LH
Fri Feb 07, 2014 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads invest differently?
Replies: 40
Views: 5226

Re: Why do Bogleheads invest differently?

Bogleheads invest differently because there are differences of opinion on certain things. The biggest disagreement I see are those who want a market weighted portfolio versus those who overweight certain sectors of the stock and bond markets. It really boils down to how efficient one believes the m...
by LH
Fri Feb 07, 2014 10:19 am
Forum: Investing - Theory, News & General
Topic: Met a guy at an HFT firm - keeps all his money in cash!?
Replies: 26
Views: 3269

Re: Met a guy at an HFT firm - keeps all his money in cash!?

His argument, as described, doesn't make any sense. He's not making the choice between a "very low-volatility, high-return investment (his HFT firm)" and "the relatively low-returning, high-risk stock market". He's making the choice between the stock market and cash. yeah. The cash stands on its ow...
by LH
Fri Feb 07, 2014 9:30 am
Forum: Investing - Theory, News & General
Topic: Is 60/40 really the gold standard?
Replies: 35
Views: 6471

Re: Is 60/40 really the gold standard?

I would say if there is a gold standard, then 60/40 would be it, all comers, all ages, etc. I am not saying its wonderful per se , but its the one I would pick if I had a gun to my head to recommend to everyone. Its what the 4 percent SWR rate is based on. Its conservative. For the average person, ...
by LH
Fri Feb 07, 2014 8:59 am
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads invest differently?
Replies: 40
Views: 5226

Re: Why do Bogleheads invest differently?

because while the general precepts are the same, there is no one right way to do it. Take how it started out, more or less a two fund approach at its simplest, US total stock market and US aggregate bonds. Nowadays, most people would say this is no longer sufficient, and to at least add in Foreign s...
by LH
Thu Feb 06, 2014 4:17 pm
Forum: Investing - Theory, News & General
Topic: An analysis of two RBD rebalancing strategies
Replies: 20
Views: 4784

Re: An analysis of two RBD rebalancing strategies

...Livesofts RBD has exactly been defined? where?... Yes, he has. There is in fact a crystal clear definition of the RBD concept somewhere. What's not clear to me is exactly what you do before, on, and after the RBD, in terms of transactions and money flow. Rodc quotes it: “I will define precisely ...
by LH
Thu Feb 06, 2014 1:26 am
Forum: Investing - Theory, News & General
Topic: Is 60/40 really the gold standard?
Replies: 35
Views: 6471

Re: Is 60/40 really the gold standard?

I would say if there is a gold standard, then 60/40 would be it, all comers, all ages, etc. I am not saying its wonderful per se , but its the one I would pick if I had a gun to my head to recommend to everyone. Its what the 4 percent SWR rate is based on. Its conservative. For the average person, w...
by LH
Thu Feb 06, 2014 1:04 am
Forum: Investing - Theory, News & General
Topic: Any Hungarian, Polish, Argentinian, Portuguese Bogleheads?
Replies: 15
Views: 2157

Any Hungarian, Polish, Argentinian, Portuguese Bogleheads?

If there are any Hungarian, Polish, Argentinian, Portuguese Bogleheads, who have lived in thier country for the past several years as an investor, could you please respond here and discuss your recent experiences investing in your home country? Or if not comfortable in the open for whatever reason, ...
by LH
Wed Feb 05, 2014 1:36 am
Forum: Investing - Theory, News & General
Topic: WSJ - Retiring on Your Own Terms
Replies: 22
Views: 5454

Re: WSJ - Retiring on Your Own Terms

Reading some of the above, if its a misrepresentation of the latest greatest thing, great. The key is though, can anyone tell a 65 year old person NOW, how to pull this off? 1) What does he invest in in current reality ? 2) What annuity does he buy in current reality ? List out actual investements p...
by LH
Wed Feb 05, 2014 1:17 am
Forum: Investing - Theory, News & General
Topic: WSJ - Retiring on Your Own Terms
Replies: 22
Views: 5454

Re: WSJ - Retiring on Your Own Terms

The WSJ/Jason Zweig has a nice article today about setting up a conservative retirement plan. This is very much along the lines of what BobK proposes. Looking at the issue from a Life-Cycle investing perspective. They come up with 22 times your desired income as a good goal for saving and include a...
by LH
Wed Feb 05, 2014 12:54 am
Forum: Investing - Help with Personal Investments
Topic: I sold all of my bonds...did I make a mistake?
Replies: 24
Views: 4256

Re: I sold all of my bonds...did I make a mistake?

yeah, you made a mistake, unless you have timing ability. If you do, just go time successfully and become rich :) (extraordinarily unlikely) How old are you? If you are young 20s early 30s, 80/20 stocks bonds is fine. Make sure you buy something like TIPS bonds, or Aggregate bonds. Both of which are...
by LH
Tue Feb 04, 2014 1:12 pm
Forum: Personal Consumer Issues
Topic: Deleting Cookies to Force Two Part Login
Replies: 61
Views: 4079

Re: Deleting Cookies to Force Two Part Login

http://www.piriform.com/ccleaner/download this will delete near everything, cookies, saved passwords, temporary files, etc. I use it routinely. you have to log on to every site manually. I just use the free version. Might be overkill for what you have in mind. I gave up using IE myself a while back,...
by LH
Tue Feb 04, 2014 12:05 am
Forum: Investing - Theory, News & General
Topic: An analysis of two RBD rebalancing strategies
Replies: 20
Views: 4784

Re: An analysis of two RBD rebalancing strategies

Note that today was not an RBD for the fund in Rodc's write-up despite words like this in NYTimes "Stocks slid, with the Standard & Poor’s 500-stock index ending the day down 2.3 percent — its sharpest decline since June 20." Whoa..... So wait. Livesofts RBD has exactly been defined? where? I cant ...