Search found 4631 matches

by Noobvestor
Fri Sep 24, 2010 8:21 pm
Forum: Investing - Theory, News & General
Topic: What Do You Do with Your Play Money?
Replies: 28
Views: 4510

I've used this strategy three times since I retired, and all it really takes is the ability to buy when things look really bad. Frankly, I've always felt more comfortable buying in a market that is tanking or tanked, than when the market is popping up at a steady pace. I guess I just like to bargai...
by Noobvestor
Fri Sep 24, 2010 8:17 pm
Forum: Investing - Theory, News & General
Topic: What Do You Do with Your Play Money?
Replies: 28
Views: 4510

It's important not to move your lips while counting cards. They have cameras in the ceiling and goon squads on remote control. I've seen movies about this... This is true. What I've discovered over time (to my amazement) is that they don't really care. If you do the math on it, though, it makes sen...
by Noobvestor
Fri Sep 24, 2010 12:45 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

Here is a self-serving thread on the no-cash-in-taxable strategy: http://www.bogleheads.org/forum/viewtopic.php?p=162807 It is also suggested (after a fashion) in this Vanguard paper on page 5: https://institutional.vanguard.com/iip/pdf/WP_TotalRet.pdf Lawls. Man, I have to read and reread some of ...
by Noobvestor
Fri Sep 24, 2010 12:41 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

Good analogy - and good point about the rollover options for the future. It would be annoying to have to roll to a different company (I'm assuming that I could at least do that?) to get into a 401K later from the SEP. I think I can simplify my thought process with the following question: how much do...
by Noobvestor
Fri Sep 24, 2010 12:12 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 719
Views: 320660

I hear ya - a big part of it comes down to psychology/simplicity as well. If a lumper strategy keeps one from going off-tilt by forgetting to rebalance, or acting crazy during the next bear market, well a slicer could lose all of the advantage they (arguably) have and sink their own ship by re-slic...
by Noobvestor
Fri Sep 24, 2010 12:03 pm
Forum: Investing - Theory, News & General
Topic: What Do You Do with Your Play Money?
Replies: 28
Views: 4510

Hah! good answers. Personally, I'm one of those people who gets jazzed about learning new things and has a slight gambler's itch ... I suspect the phase will pass, but for now I'm enjoying the stress relief of having a little side hobby. I just wish I could count cards like I do at blackjack - it's ...
by Noobvestor
Fri Sep 24, 2010 11:45 am
Forum: Investing - Theory, News & General
Topic: What Do You Do with Your Play Money?
Replies: 28
Views: 4510

What Do You Do with Your Play Money?

As an early-stage investor, I can tell already I need a 'play money' account - I'm using ETFs so I can buy/sell in low volumes and have some fun, try out different things, etc... This is my 'casino account' - I won't shed a tear (well, maybe just one) if it goes away, but it's more than a 'paper acc...
by Noobvestor
Fri Sep 24, 2010 11:17 am
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 719
Views: 320660

I hear ya - a big part of it comes down to psychology/simplicity as well. If a lumper strategy keeps one from going off-tilt by forgetting to rebalance, or acting crazy during the next bear market, well a slicer could lose all of the advantage they (arguably) have and sink their own ship by re-slici...
by Noobvestor
Fri Sep 24, 2010 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Nifty 50/50 - Less Can Often Lead To More
Replies: 57
Views: 11226

I guess, then, your 'hedge' is that in a down market you can still keep buying and profit from it when it goes up that way? Makes sense. Though I have to wonder: if you're a bit older than I and have more built up, that can't be a huge amount can it? Just devil's advocating here ;)
by Noobvestor
Fri Sep 24, 2010 11:10 am
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

Hah, I'm glad I'm not the only one who read that and got dizzy :) The thing I still don't get about it, though, is that holding a money market (insanely low yield) in tax-advantaged seems like a waste of tax-advantaged space in the first place, no? So in the right emergency/rebalancing situations, i...
by Noobvestor
Fri Sep 24, 2010 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Becoming a Landlord
Replies: 78
Views: 9877

Re: Thank you for all the replies

I understand that it is a pain to have to deal with tenants and repairs but at the same time I am not seeing and big gains in the stock market. I feel it is one big casino. The value of the stock market has nothing to do with the value of the companies it is just a big game. It makes me nervous I a...
by Noobvestor
Fri Sep 24, 2010 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Becoming a Landlord
Replies: 78
Views: 9877

My take (built on Bogleheads info and other experience) is that specific real estate holdings are highly-focused and risky investments. REITs let you own a large part of the market.... Please check your facts. REITS account for a small fraction of investable real estate. Or ... a huge gigantic supe...
by Noobvestor
Thu Sep 23, 2010 11:59 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 719
Views: 320660

Thanks for the tips! I'll try PMing him or looking him up over at M*, though yup, if you know the thread and want to link me (here or via PM) that'd be excellent. I've seen a mix on here in terms of tilters/non but most of the discussions seem pretty cordial That said, I was pretty definitively advi...
by Noobvestor
Thu Sep 23, 2010 11:55 pm
Forum: Investing - Theory, News & General
Topic: Gold & Financial Assets: Any Safe Havens in Bear Markets
Replies: 7
Views: 1451

personally i see it as a hedge against the zombie apocalypse, but i also see a high correlation between that and reality tv shows so you never know.
by Noobvestor
Thu Sep 23, 2010 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do in this situation??
Replies: 38
Views: 4600

I'm surprised no one else has mentioned the red flag of pursuing acting. The OP isn't pursuing acting. That was the older brother, whom the OP has no control over. And since that is the same guy who stole 12 grand from his own mother to give to his girlfriend I'm not sure "acting" is the red flag h...
by Noobvestor
Thu Sep 23, 2010 11:49 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

@DS: would it be fair to say that the reason to put money into a Roth for someone in the highest tax bracket already is the anticipation of two things: (1) being in the highest tax bracket during retirement and (2) the highest tax bracket being taxed more than it is currently? I'm on the fence about...
by Noobvestor
Thu Sep 23, 2010 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Becoming a Landlord
Replies: 78
Views: 9877

Sorry, I didn't really mean to come off as such a naysayer :) Really, it all depends upon your goals. The fact that you are asking on this particularly forum makes me think your goals are monetary. If that is true, it strikes me that investing more heavily in your location might not be the best in t...
by Noobvestor
Thu Sep 23, 2010 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do in this situation??
Replies: 38
Views: 4600

I'm surprised no one else has mentioned the red flag of pursuing acting. Now, I'm all for people following their dreams, but that is an exceedingly difficult profession to be financially successful in. Others might disagree, but in my opinion if finances are the key limiting factor in someone's pers...
by Noobvestor
Thu Sep 23, 2010 5:40 pm
Forum: Investing - Theory, News & General
Topic: Confirmed Hindenburg Omen on 8/20 - anybody watching?
Replies: 293
Views: 52973

nisiprius wrote:It's starting to rain again, the rain had slacked up a little bit...

Image
From this, I have definitively concluded that I shall sell everything on 10/3 - including my puppy - thank goodness for this forum! :)
by Noobvestor
Thu Sep 23, 2010 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead in need of advice & priority assessment
Replies: 21
Views: 2826

Re: New Boglehead in need of advice & priority assessmen

Funds available in his 401(k) Schwab Investor Money Fund (SWRXX) (0.51) PIMCO Low Duration D (PLDDX) (0.75) ING GNMA Income A (LEXNX) (0.94) PIMCO Total Return D (PTTDX) (0.75) American Beacon LgCp Val Inv (AAGPX) (0.94) Schwab 1000 Index Fund (SNXFX) (0.38 ) Vanguard 500 Index (VFINX) (0.18 ) Amer...
by Noobvestor
Thu Sep 23, 2010 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead in need of advice & priority assessment
Replies: 21
Views: 2826

@therub: That's why the furniture purchase is coming out of savings/cash, I *have* learned my lesson (although, to be fair, much of that cc balance was due to nearly 2 years unemployed back in 2001 time-frame). As far as the Craigs List comments, appreciate them, but we're capable of buying new fur...
by Noobvestor
Thu Sep 23, 2010 5:05 pm
Forum: Personal Consumer Issues
Topic: Detroit (the city)
Replies: 66
Views: 8425

Detroit is arguably the most amazing city on the planet. Wait, what? No, really. Not the 'best' but the most fascinating - the suburban dream played out to the extreme and everyone fled the city, driving away in their Detroit-built automobiles. Is it strange, empty and perhaps downright dangerous? A...
by Noobvestor
Thu Sep 23, 2010 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead in need of advice & priority assessment
Replies: 21
Views: 2826

I emphatically second the recommendation toward Craigslist. Financially, I'm going great right now (knock on wood) but I still shop at only two places for furniture: (1) Craiglist if I can find it, (2) IKEA if I can't. There is *no* reason to spend a lot of money on furniture if you have a little ti...
by Noobvestor
Thu Sep 23, 2010 4:52 pm
Forum: Investing - Theory, News & General
Topic: "Treasuries must go down"
Replies: 59
Views: 10182

Here's the thing: I'm a noob, so slap me upside the head if I'm wrong - I can take it - but ... LT Treasuries appear to be the best inverse correlation to TSM ... so if we're truly not trying to predict the future here, why is this not the ultimate start-out lumper? 50% TSM, 50% LTT (as opposed to 5...
by Noobvestor
Thu Sep 23, 2010 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Becoming a Landlord
Replies: 78
Views: 9877

My brother is a part-time landlord and seems to do alright with it. That said, he is only doing it because he is 'stuck' with an extra property for the time being - and hoping to sell it when the market rebounds on real estate. In other words: it is an accidental investment of sorts. The Bogleheads ...
by Noobvestor
Thu Sep 23, 2010 3:32 pm
Forum: Investing - Theory, News & General
Topic: I've decided to participate in the gold bubble
Replies: 120
Views: 19304

Deep down, I hope Market Timer is some awesomely sophisticated 'contrarian bot'
by Noobvestor
Thu Sep 23, 2010 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: My AA & Placement. Plz comment.
Replies: 21
Views: 2598

I'll defer to my elders on this one, but basically my own (very personal and noobish) philosophy is to grab the best of all worlds. My target is 50/50 Intermediate-Term Bonds and TIPS. That said, I'm sure DBR is right - no need to actively move things around to get TIPS in there - probably not worth...
by Noobvestor
Thu Sep 23, 2010 3:25 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

This is great feedback all around. I am beginning to understand (or opine, at least) that one of the biggest issues in the taxable/tax-efficient theory/discussion is the variability - (1) based on individual/circumstance, (2) based on possible tax code changes and (3) based on particular tax efficie...
by Noobvestor
Thu Sep 23, 2010 3:02 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 719
Views: 320660

This is an awesome thread. I've read through most of it twice now - great to see the die-hards come out on both sides, and all of the external source citations following things up. I don't know if you're still doing this, but Trev: would it be possible to chart (any) one of the simplified-holdings s...
by Noobvestor
Wed Sep 22, 2010 2:10 pm
Forum: Forum Issues and Administration
Topic: Has anyone ever gotten banned>?
Replies: 55
Views: 10688

So I can't be banned just for asking really stupid questions? That *is* good to know. ::wipes brow::
by Noobvestor
Wed Sep 22, 2010 12:13 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

@DSInvestor: As always, your illustration was incredibly helpful and makes a good deal of sense. The catch, as I see it, is that the official Bogleheads party line (now, this may be an issue with that, not your idea!) is to fill up tax-advantaged space entirely with bonds first, then fill taxable wi...
by Noobvestor
Wed Sep 22, 2010 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

Thanks for your extraordinary patience throughout this thread. It's rare that I feel so new at something these days - reminds me of high school all over again. This discussion is bookmarked, as are the links you sprinkled in along the way - a lot of very good food for thought and specific suggestion...
by Noobvestor
Wed Sep 22, 2010 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Economic angst - responses 4877 and climbing
Replies: 28
Views: 3492

This has been a somewhat surreal few years for me - while everyone else talks about cutbacks and layoffs, I'm running my own business and doing (knock on wood) very well with it. Part of it is no doubt luck and timing, and part hard work (I do put in more hours than anyone I know), but I keep wonder...
by Noobvestor
Tue Sep 21, 2010 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

Noobvestor. Scenario 1 is the simplest of all but has the downside of not maxing out your tax advantaged space (49K vs 54K for scenario 2). True, though (and this may be why I call myself 'noobvester'!) that doesn't seem like a lot of gain to me - or at least not enough to tip the balance alone. Yo...
by Noobvestor
Tue Sep 21, 2010 5:22 pm
Forum: Personal Consumer Issues
Topic: What is your favorite news aggregator site?
Replies: 27
Views: 4646

reddit! ok, a little more seriously (though that was half serious): google reader / news are the default picks imho ... as a publisher, i can tell you that the vast majority of folks who sign up with rss use reader - not that the masses can't be wrong, but ...
by Noobvestor
Tue Sep 21, 2010 5:11 pm
Forum: Investing - Theory, News & General
Topic: unequal rebalance bands
Replies: 33
Views: 3473

hah, i concur with tetra on this one - bands are complex enough. to me this sounds like adding a less-than-five-percent position - more complexity without much payoff. /2 cents
by Noobvestor
Tue Sep 21, 2010 5:06 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

I admit, I got a little carried away in the title :) Mainly I'm trying to sort out if this kind of approach in general makes sense - I've read a lot about treating it as 'one portfolio' but not as much about how to leave re-balancing flexibility built into the mix.
by Noobvestor
Tue Sep 21, 2010 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

Excellently laid out - thank you once again! I also read the article you linked, and wondered (not for the first time) how something so simple can be so complex - had to reread a few paragraphs. To your question: I have a small amount in a traditional IRA from last year and I believe the max in a Ro...
by Noobvestor
Tue Sep 21, 2010 1:11 pm
Forum: Investing - Theory, News & General
Topic: Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]
Replies: 37
Views: 5159

Tax-Balanced AA [A Side Splitting Tale of Two Portfolios]

This is as much a question as it is a proposal or invitation to having a discussion about having more balance *within* each section of a portfolio - taxable and tax-advantaged. Problem: Now, for someone who expects to be continuously employed and contributing for the next X years until retirement th...
by Noobvestor
Tue Sep 21, 2010 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

Have I mentioned yet how awesome you all are for helping me out like this? Sorry for not responding sooner to this last round - Monday hit me hard work-wise. Definitely *not* a reflection of any lack of gratitude on my part! @DSInvestor Re: Tax vs. Exempt Funds: Answer 1 = tax exempt bond at 1%! Ver...
by Noobvestor
Sat Sep 18, 2010 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

I think the simplest solution is to assume that the return from bond fund investments will be mostly from income return. Once this assumption is made, all you have to do is to compare the current yield of a taxable bond fund against the taxable equivalent yield of a tax exempt bond fund of similar ...
by Noobvestor
Sat Sep 18, 2010 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

@dbr: *thank* you for clarifying the terminology - as a noob, I readily admit (and you surely noticed) I wasusing things interchangeably that are not, in fact, interchangeable! @DSInvestor: Thanks for the walk-through example - it make a lot of sense and was very helpful to see. Based on those cases...
by Noobvestor
Sat Sep 18, 2010 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

@leonard - thanks for the tip! @DS - Thanks for that additional info and those links. I was using that calculator but wasn't sure I was comparing the results right against the after-tax yield of bond funds. As I understand it, I should compare the number I get to the *normal* yield number of a taxab...
by Noobvestor
Sat Sep 18, 2010 12:09 pm
Forum: Investing - Theory, News & General
Topic: How Can You Diversify When Markets All Move Same Way?
Replies: 57
Views: 5948

I can understand things like real estate or other assets that have usefulness but I do not have a case for gold. Gold has very limited uses and if there was another hit like the great depression, would it hold its value I read this earlier and thought about self-fulling prophecies. Two things to ad...
by Noobvestor
Sat Sep 18, 2010 12:09 pm
Forum: Investing - Theory, News & General
Topic: How Can You Diversify When Markets All Move Same Way?
Replies: 57
Views: 5948

William J. Bernstein's observation that "A wildly optimistic historian might give us another few centuries of economic, political, and military continuity. Back-of-the-envelope, that’s about an 80% survival rate over the next 40 years." First, I'd like to point out that 'wildly optimistic' was part...
by Noobvestor
Fri Sep 17, 2010 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Taxtastic! Temporary Tips for Taxable-Only Investors?
Replies: 31
Views: 4636

Aight, I tried doing this myself and screwed it up - anyone know of any handy charts comparing the major taxable vs. tax-exempt vanguard funds over periods of time, taking taxes into account? :(
by Noobvestor
Fri Sep 17, 2010 10:37 pm
Forum: Investing - Theory, News & General
Topic: How Can You Diversify When Markets All Move Same Way?
Replies: 57
Views: 5948

A lot of interesting opinions floating around here, but I'm not convinced by the folks who appear to be against holding gold. Perhaps some clarification is required (well, for me at least): (1) Speculation, Investing or Insurance? I think there is a distinction to be made beyond just ' speculation '...
by Noobvestor
Fri Sep 17, 2010 4:25 pm
Forum: Investing - Theory, News & General
Topic: How Can You Diversify When Markets All Move Same Way?
Replies: 57
Views: 5948

@Rodc: Good points/explanation, but couldn't the same thing be said of, say, owning 10% in gold and precious metals? Specifically: the overwhelming (90%) allocation to bonds/equities would 'smooth out' the speculative minority? I definitely didn't mean to suggest that stocks were primarily speculati...
by Noobvestor
Fri Sep 17, 2010 3:26 pm
Forum: Investing - Theory, News & General
Topic: How Can You Diversify When Markets All Move Same Way?
Replies: 57
Views: 5948

I guess I'd like to know how you define 'speculation' versus how you define 'investing' From The Four Pillars of Investing: A rare coin or painting is a speculation, since it's dependent on someone else paying yet a higher price for them later (the "greater fool" theory). A fine painting (by an old...
by Noobvestor
Fri Sep 17, 2010 3:22 pm
Forum: Investing - Theory, News & General
Topic: How Can You Diversify When Markets All Move Same Way?
Replies: 57
Views: 5948

@honk: ah yes - just got that book in the mail, but haven't gotten there yet. Thanks for clarifying the source of the definition! As to the ongoing gold v. no-gold thread in general, I think what I and some others are getting at is: if you just look at the history of gold it does seem to be a reason...