Search found 1049 matches

by Wakefield1
Fri Dec 09, 2016 12:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 105
Views: 16166

Re: Vanguard's new "account overview" page... BOO!

Actually something negative but it happened about a year ago. Used to be you had a symbol customized for yourself that showed you were on the real site and not an impostor. It appeared after you used your logon name but before you put in password. Now that is gone,a slight decease in safety/security.
by Wakefield1
Thu Dec 08, 2016 1:46 pm
Forum: Personal Investments
Topic: Unload Healthcare Fund?
Replies: 36
Views: 3964

Re: Unload Healthcare Fund?

It's one of the few Vanguard funds I have available in my 401K. The rest are all American Funds. I'm going to continue with buy and hold. Unless I see the US move to single-payer / Medicare for all, I feel like the healthcare industry will always find a way to make money. I think that if Single Pay...
by Wakefield1
Thu Dec 08, 2016 1:42 pm
Forum: Personal Investments
Topic: Unload Healthcare Fund?
Replies: 36
Views: 3964

Re: Unload Healthcare Fund?

Didn't Dodge & Cox International Fund have a "migraine" a couple of years ago? Then has been O.K. for the last several months? I don't have to worry about it anymore because it is no longer on the menu or my former (retired) Employer's 401 and 457 plan menus. Maybe something similar is happening to ...
by Wakefield1
Thu Dec 08, 2016 1:28 pm
Forum: Personal Investments
Topic: Telephoning Vanguard
Replies: 77
Views: 8237

Re: Telephoning Vanguard

Seems like there is more than one phone #-are some better?
by Wakefield1
Mon Dec 05, 2016 5:00 pm
Forum: Investing - Theory, News & General
Topic: What does Dave Ramsey mean by "ride the wave"
Replies: 29
Views: 7042

Re: What does Dave Ramsey mean by "ride the wave"

Ramsey=Kindergarten
Bogle=graduate school
but to run you must first learn to walk
by Wakefield1
Mon Dec 05, 2016 4:37 pm
Forum: Investing - Theory, News & General
Topic: The fairy tale that are structured products, buyer beware
Replies: 4
Views: 1108

Re: The fairy tale that are structured products, buyer beware

Complexity=more ways it can lose value
Synthetic=leveraged derivative of something else leveraged
by Wakefield1
Mon Dec 05, 2016 10:20 am
Forum: Investing - Theory, News & General
Topic: Isn't Vanguard misleading investors with BNDX?
Replies: 11
Views: 2923

Re: Isn't Vanguard misleading investors with BNDX?

Does "International" investing tend to cost a little more than USA regardless of the provider? (To USA based investors)
by Wakefield1
Sun Dec 04, 2016 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Universal Life Insurance Since Birth - What to do with it now?
Replies: 9
Views: 1583

Re: Universal Life Insurance Since Birth - What to do with it now?

Since your parents purchased for you I see this kind of life insurance (whole life and its clones) as a sort of cultural baggage,it was the thing to do for my family and parents,who did not know about buying mutual funds,stocks or investments other than passbook bank accounts,silver and gold coins ...
by Wakefield1
Sun Dec 04, 2016 2:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs Less Tax Efficient Than Other ETFs?
Replies: 37
Views: 5408

Re: Vanguard ETFs Less Tax Efficient Than Other ETFs?

So some mutual fund families tend to have more "fund swapping" market timers and frequent traders in and out as opposed to buy and hold for,say,years at a time than other families?
by Wakefield1
Sun Dec 04, 2016 2:04 pm
Forum: Investing - Theory, News & General
Topic: Shocking Bogle quotes
Replies: 19
Views: 3398

Re: Shocking Bogle quotes

I think he was Chairman of the Board or CEO of a sailboat company or something close (water recreation related)?
by Wakefield1
Sun Dec 04, 2016 11:09 am
Forum: Investing - Theory, News & General
Topic: Shocking Bogle quotes
Replies: 19
Views: 3398

Re: Shocking Bogle quotes

John Bogle is a very, very smart man. What you are seeing is a very fine mind that is willing to consider things that are outside of his box, that is consider things that are unconventional to him. He is very secure in who he is and isn't afraid to do what I call thinking aloud. He will put ideas o...
by Wakefield1
Sun Dec 04, 2016 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Do You Consider Dividends As Income?
Replies: 65
Views: 5969

Re: Do You Consider Dividends As Income?

Yes. (Except for activity inside of my 401/457/IRA/Roth IRA that I don't directly encounter when figuring a tax return) There is risk to income-pension could default,someone could lose their job,dividends from mutual fund could get reduced or a common stock could cut its dividend or go bankrupt-so d...
by Wakefield1
Sun Dec 04, 2016 1:04 am
Forum: Investing - Theory, News & General
Topic: Theoretical high returns unsustainable?
Replies: 22
Views: 3209

Re: Theoretical high returns unsustainable?

Hi, My knowledge of math and the economy is very basic so go easy on me please. Some people claim some insane 50% a year returns in trading and speculating over many yrs even 20 or so . I know it is non-sense but hypothetically only , would that be even possible if you had a system that worked? Let...
by Wakefield1
Sun Dec 04, 2016 1:02 am
Forum: Investing - Theory, News & General
Topic: Theoretical high returns unsustainable?
Replies: 22
Views: 3209

Re: Theoretical high returns unsustainable?

Hi, My knowledge of math and the economy is very basic so go easy on me please. Some people claim some insane 50% a year returns in trading and speculating over many yrs even 20 or so . I know it is non-sense but hypothetically only , would that be even possible if you had a system that worked? Let...
by Wakefield1
Sun Dec 04, 2016 12:55 am
Forum: Investing - Theory, News & General
Topic: Shocking Bogle quotes
Replies: 19
Views: 3398

Re: Shocking Bogle quotes

I think he is concerned about certain things going on not limited to but affecting business and/or the economy
by Wakefield1
Sat Dec 03, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: How do you figure out your W4 withholding?
Replies: 24
Views: 8618

Re: How do you figure out your W4 withholding?

I believe that some States are harder on you if you were under withheld (had to pay too much State tax per the tax return)as compared to being under withheld on the IRS 1040 (just a little penalty?)
would rather not have that unpleasantness
by Wakefield1
Fri Dec 02, 2016 7:04 pm
Forum: Personal Investments
Topic: end of year purchases of mutual funds
Replies: 4
Views: 930

Re: end of year purchases of mutual funds

Excellent question! I hope this helps: investor.vanguard.com/investing/taxes/buying-dividend You probably won't need to wait until next year, but a shorter delay might be wise. Brad Better to wait to buy right after the distribution instead of right before? What if that fund has a distribution in M...
by Wakefield1
Fri Dec 02, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 22
Views: 2135

Re: How many books should i read for long term imnvesting.

At least one book by Mr. Bogle himself. That's to include:John C. Bogle,not "Bogleheads". :idea:

There is no substitute!
by Wakefield1
Thu Dec 01, 2016 1:19 pm
Forum: Investing - Theory, News & General
Topic: Why is NAASDAQ getting hammered?
Replies: 11
Views: 2220

Re: Why is NAASDAQ getting hammered?

Lemmings? Big institutional managers shifting stock amongst themselves?
Just was at a high a few days ago so doing what it does (gyrate)?
by Wakefield1
Thu Dec 01, 2016 11:44 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 157
Views: 19493

Re: Paul Merriman challenges John Bogle

I am always impressed with the thoughtful and intelligent discussions on this forum. the ever on-going debate about the small cap premium: First, and more importantly, it was impossible to have captured the identified historical outperformance of small cap/small cap value as an asset class using a ...
by Wakefield1
Wed Nov 30, 2016 2:19 pm
Forum: Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 12953

Re: Investing in the 80's when CD rates were 17%?

IRAs did not exist until 1975 and had very low limits, $1500 - $2000 so they were not very helpful. 401Ks did not exist until 1980 and then were not well understood for years. So very few companies offered them. Most of us used company sponsored pension plans to invest tax free. And most pension pl...
by Wakefield1
Wed Nov 30, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 157
Views: 19493

Re: Paul Merriman challenges John Bogle

I believe that the individual stock risk for one Small Cap stock is higher than for one Large Cap stock(speaking generically of course,not with reference to a particular company) so that the diversification of the index fund is even more welcome when it comes to small cap stocks (or small cap value ...
by Wakefield1
Wed Nov 30, 2016 1:35 pm
Forum: Investing - Theory, News & General
Topic: Commodities for the Long Run
Replies: 17
Views: 2306

Re: Commodities for the Long Run

They're for traders. Market timers.
Better know what you are doing. Over my head.
Not for me (unless I want to bury some gold in my backyard)
by Wakefield1
Tue Nov 29, 2016 6:23 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 157
Views: 19493

Re: Paul Merriman challenges John Bogle

Who is the pioneer of the development of (or at least the concept of) the quantitatively managed fund? Doesn't "Small Cap Value IDX" represent a sort of basic quant management? Sort of takes an index list through a screen or screens ran by computers but designed by people and changes the index list ...
by Wakefield1
Tue Nov 29, 2016 1:50 pm
Forum: Investing - Theory, News & General
Topic: "Sequence of returns risk"
Replies: 42
Views: 4373

Re: "Sequence of returns risk"

You have one $. It goes up 50%. You now have $1.50
Your $1.50 now goes down 50%. You now have $0.75 !! :confused
by Wakefield1
Sun Nov 27, 2016 10:04 am
Forum: Personal Investments
Topic: Investing vs Buying A Home?
Replies: 35
Views: 4506

Re: Investing vs Buying A Home?

I can't believe that everyone here took the OP's post at face value. You realize many of us brought up the same points you did, right? :confused This thread has brought out some interesting if disparate points of view -- did O.P. intend the question to be rhetorical? -- Work for 3 more years than p...
by Wakefield1
Sun Nov 27, 2016 12:30 am
Forum: Personal Investments
Topic: Investing vs Buying A Home?
Replies: 35
Views: 4506

Re: Investing vs Buying A Home?

It is desirable to have a house to retire to. I would suggest diverting some of the money available for investment,instead of investing it,channel it into a credit union or some other bank into a savings or "money market" account or possibly into CDs. If more adventurous than I you could try to use ...
by Wakefield1
Sun Nov 27, 2016 12:15 am
Forum: Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 12953

Re: Investing in the 80's when CD rates were 17%?

The longest term CD I see for my credit union is 60 month @2%apr. During the time that interest rates were high I think 48 months was the longest offered. When that term is up (CD matures) your interest rate goes down if you renew unless the high interest is still being offered on new CDs. So its no...
by Wakefield1
Sat Nov 26, 2016 10:02 pm
Forum: Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 12953

Re: Investing in the 80's when CD rates were 17%?

Did anyone here avoid the stock market altogether when CD's were at historic highs (17%)? Over Thanksgiving, a retired (70 something) relative of mine was sharing how he is jealous of his good friend who has always avoided the stock market and instead invested only in CD's...even to this day. Obvio...
by Wakefield1
Sat Nov 26, 2016 8:56 pm
Forum: Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 12953

Re: Investing in the 80's when CD rates were 17%?

There were people saying "buy gold"-probably worked if you then sold the gold at the right time-but blind luck-
Fear that inflation would become like that in Germany during late 1920s-1930s
Again thank you Mr. Volcker!
by Wakefield1
Sat Nov 26, 2016 3:24 pm
Forum: Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 12953

Re: Investing in the 80's when CD rates were 17%?

Remember "America's Utility Fund"? (Actually it wasn't too awfully bad but strangely at a time I had first heard about Vanguard and had sent for their IRA kit (IRAs were still kind of new) I was sent instead the kit for opening a Taxable account and hence I moved my fairly new IRA from the Credit Un...
by Wakefield1
Sat Nov 26, 2016 3:07 pm
Forum: Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 12953

Re: Investing in the 80's when CD rates were 17%?

Actually inflation was 18% :!: :twisted: There was some kind of one time bank deposit called a "Tax Saver Certificate" which I think paid 10% for a year-and had a year term-and exempted the interest you received from the income tax. There might have been a limit on how much :moneybag each customer w...
by Wakefield1
Thu Nov 24, 2016 9:57 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5875
Views: 1392281

Re: What Movie Have You Recently Watched?

I watched "Enemy At The Gates" on Netflix free download last night and enjoyed it. Apparently it was a true story about a Russian sniper in Stalingrad during WW 2. I watched a good version of the Vilsmaier movie "Stalingrad" on You Tube but as has happened before it has been removed. One of the gre...
by Wakefield1
Mon Nov 21, 2016 9:14 pm
Forum: Personal Investments
Topic: Which account best? Roth versus traditional
Replies: 68
Views: 4745

Re: Which account best? Roth versus traditional

Emotionally the Roth balance seems to be more satisfying than the tax bomb account balance. It seems to be more like your own money.
by Wakefield1
Mon Nov 21, 2016 7:58 pm
Forum: Personal Investments
Topic: If you don't need equity risk, why buy them?
Replies: 33
Views: 3901

Re: If you don't need equity risk, why buy them?

Looking back at the title of the thread I would agree that perhaps one doesn't have to own individual stocks,mutual funds that hold stocks (such as index funds) are probably reliable enough and don't have that horrible risk that the one great stock you own will go totally bankrupt like Enron or some...
by Wakefield1
Mon Nov 21, 2016 7:50 pm
Forum: Personal Investments
Topic: If you don't need equity risk, why buy them?
Replies: 33
Views: 3901

Re: If you don't need equity risk, why buy them?

I don't think most people appreciate the power of inflation. My $ seem to be worth less than one of my grandfathers' dimes. Remember what a nice new 4-4-2 (Oldsmobile's answer to the GTO) cost new? (the 1966 model with a forged steel crankshaft instead of the cheaper iron?) Probably a cheap Korean m...
by Wakefield1
Sun Nov 20, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Taking SS/Pension at 62 to pay off house mortgage
Replies: 9
Views: 1365

Re: Taking SS/Pension at 62 to pay off house mortgage

Not as an expert,but as of myself and if I could continue working (not having to have retired because of taking care of invalid family/cooking and such) I would continue working until the mortgage was paid off ,perhaps paying it off faster than scheduled but I would not take Social Security early to...
by Wakefield1
Sun Nov 20, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Taking SS/Pension at 62 to pay off house mortgage
Replies: 9
Views: 1365

Re: Taking SS/Pension at 62 to pay off house mortgage

Wouldn't the expected return in increased Social Security payout by waiting; more than pay for the interest charges on not prepaying that low interest mortgage that probably also is tax deductible interest? Especially if there is reasonable expectation of reasonable longevity?
by Wakefield1
Sat Nov 19, 2016 3:43 pm
Forum: Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 17132

Re: Take SS at 62 or wait ?

"Do I feel lucky today?" :dollar
by Wakefield1
Sat Nov 19, 2016 2:29 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle says Fidelity will be sold in 5 years...
Replies: 37
Views: 10168

Re: Jack Bogle says Fidelity will be sold in 5 years...

Can anyone afford to buy Fidelity? Lots of smaller mutual fund and brokerage businesses once owed by principles (principals?) have been bought up by big banks and conglomerates? Of course when Mr. Bogle came down around here in a car with some of his associates instead of making like Dick Fuld with ...
by Wakefield1
Fri Nov 18, 2016 5:23 pm
Forum: Personal Investments
Topic: Vanguard Roth Minimum $ Question
Replies: 7
Views: 2084

Re: Vanguard Roth Minimum $ Question

I believe you must have a custodian for an IRA or Roth IRA. [Vanguard of course is one institution that can be such a custodian,perhaps even via a Brokerage account which could hold ETFs.] Credit unions and banks can be custodians. Pay attention not only to account/fund opening minimums but also acc...
by Wakefield1
Fri Nov 18, 2016 5:15 pm
Forum: Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 17132

Re: Take SS at 62 or wait ?

Waiting to take Social Security but not getting to live long enough to enjoy it(the higher benefit amount) is the same as buying an insurance policy and not getting to use it because the event insured against didn't occur.. But you didn't know you wouldn't need it.
by Wakefield1
Thu Nov 17, 2016 8:57 pm
Forum: Personal Investments
Topic: 401(a): better TPA or plan
Replies: 5
Views: 1071

Re: 401(a): better TPA or plan

I have no idea whether Voya services very small company plans but the employer I am retired from uses them for 401A and 457 plans and I don't think they charge anything close to 3% to Arlington retirees or employees. I think larger accounts (bigger enrollee pools) get benefits of scale. Voya used to...
by Wakefield1
Thu Nov 17, 2016 7:03 pm
Forum: Personal Investments
Topic: Balanced Versus Target Funds
Replies: 7
Views: 1677

Re: Balanced Versus Target Funds

I assume that Wellington and Wellesley both manage their bond portfolios such as to try to mitigate interest rate risk?
In other words,if the managers think interest rates are too low and apt to rise then avoid a lot of long duration bonds?
by Wakefield1
Thu Nov 17, 2016 1:26 pm
Forum: Personal Investments
Topic: Backdoor Roth IRA -- How to?
Replies: 20
Views: 2866

Re: Backdoor Roth IRA -- How to?

I seem to remember that any kind of IRA was something new and there were only plain ones,I began doing it (contributing $2000. that reduced my taxable income for that year) until a few years later tax law changed/and/or I made more money,I ended up part of my $2000. was taxed as income,part reduced ...
by Wakefield1
Thu Nov 17, 2016 11:15 am
Forum: Personal Investments
Topic: I market timed & learned. Any Advice?
Replies: 52
Views: 8306

Re: I market timed & learned. Any Advice?

Some get lucky. Some get unlucky (with respect to market timing) And remember that at that zero sum game you have a lot of competition. Some of that competition is very sophisticated and has the ability to trade and untrade in milliseconds. And it's hard to see the future by looking into the rear vi...
by Wakefield1
Tue Nov 15, 2016 7:06 pm
Forum: Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 17132

Re: Take SS at 62 or wait ?

At age 64 I can decide to take Social Security or not each and every year. In other words if I decide to delay,I can change my mind anytime I want to. Such a complicated subject to analyze and yet two or three variables that probably cannot be known ahead of time like returns on investments (investi...
by Wakefield1
Mon Nov 14, 2016 10:20 pm
Forum: Personal Investments
Topic: Should I consolidate Vanguard to Merrill Edge?
Replies: 25
Views: 4441

Re: Should I consolidate Vanguard to Merrill Edge?

Does the Merrill account charge a 'Wrap Fee"? (like 1% per year or something close)