Search found 565 matches

by Van
Fri Aug 02, 2013 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Why you need bonds as rates rise
Replies: 61
Views: 8411

Re: Why you need bonds as rates rise

Say what you want about JBQ, but, I'm forever grateful to her for the best piece of investment advice I ever received.

In a Newsweek article many years ago, she advised to NEVER invest in anything that you do not understand.

Great guidance for the neophyte investor that I was at the time.
by Van
Mon Jul 29, 2013 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: What is my financial advisor doing?
Replies: 49
Views: 4622

Re: What is my financial advisor doing?

What is my financial advisor doing?

I would guess he is investing his own money, some of which used to be yours, in low cost index funds.
by Van
Tue Jul 02, 2013 3:12 pm
Forum: Investing - Theory, News & General
Topic: 'Unprecedented' $80 Billion Pulled From Bond Funds = ?
Replies: 39
Views: 5837

Re: 'Unprecedented' $80 Billion Pulled From Bond Funds = ?

How about: Interest rates went up, the NAV of bond funds went down. Bond funds now hold $80B less, due to the drop in NAV. No one sold anything. Keith I think Keith may be on to something. Although the drop in NAV might not explain all of the $80B, it might explain a significant portion of it.
by Van
Mon Jul 01, 2013 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Short-Term IPS Fund (VTAPX): Where's the Distribution?
Replies: 5
Views: 1437

Short-Term IPS Fund (VTAPX): Where's the Distribution?

Vanguard states that their Short-Term Inflation Protected Securities Fund will have a quarterly distribution. I've owned this fund since January of 2013, but I did not receive a distribution at the end of March or at the end of June. I don't believe I'm alone in this regard, since I don't believe Va...
by Van
Sat Jun 29, 2013 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: What was your worst investment?
Replies: 100
Views: 10948

Re: What was your worst investment?

When I was doing a postdoc and had absolutely no money, I borrowed $1000 from a credit union to buy "furniture". I invested all of the money in a sure thing stock called National Data Communications. When it started tanking, I tried unsuccessfully to sell it. Lost the whole shibang. What f...
by Van
Sat Jun 29, 2013 2:27 pm
Forum: Investing - Theory, News & General
Topic: Is Technical Analysis a Waste of Time?
Replies: 66
Views: 14588

Re: Is Technical Analysis a Waste of Time?

YES & YES

(I WOULD HAVE JUST SAID YES ONCE, BUT FOR SOME REASON THE MESSAGE MUST CONTAIN AT LEAST 5 CHARACTERS........WHO MAKES UP THESE RULES?)
by Van
Fri Jun 28, 2013 4:00 pm
Forum: Investing - Theory, News & General
Topic: WSJ's Zweig: Saving Investors From Themselves
Replies: 23
Views: 4133

Re: WSJ's Zweig: Saving Investors From Themselves

Is there an annual Bogleheads Award? If not, maybe there should be, and Jason Zweig should be the first recipient. I learned a considerable amount about investing from reading his articles over the years in Money magazine, and I was disappointed when he left that magazine to take his considerable ta...
by Van
Wed Jun 26, 2013 6:42 pm
Forum: Personal Consumer Issues
Topic: Is "buying organic" food worth it?
Replies: 89
Views: 7105

Re: Is "buying organic" food worth it?

It's all a bunch of crap.
by Van
Mon Jun 24, 2013 4:58 pm
Forum: Investing - Theory, News & General
Topic: bond returns - reinvest in this climate?
Replies: 7
Views: 828

Re: bond returns - reinvest in this climate?

Third try: I'm 80% in bond funds and reinvest all dividends and capital gains, if any. I'm hoping that the theory proves correct that all will work out OK in the time frame approximately equal to my weighted duration of about 4.3 years.
by Van
Mon Jun 24, 2013 4:54 pm
Forum: Investing - Theory, News & General
Topic: bond returns - reinvest in this climate?
Replies: 7
Views: 828

Re: bond returns - reinvest in this climate?

I've tried twice to post a reply, but it just does not show up. Anyone know why?
by Van
Fri Jun 21, 2013 2:35 pm
Forum: Investing - Theory, News & General
Topic: Muni Bond ETFs are breaking
Replies: 75
Views: 7786

Re: Muni Bond ETFs are breaking

I'm amazed that anyone would still buy or hold munis, given the bad and rapidly worsening fiscal position of most cities and states, which don't even have the "benefit" of having a buyer of first and last resort (the Fed). Not to worry, if you buy a fund with high quality bonds..........p...
by Van
Thu Jun 13, 2013 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: How much cash do you carry?
Replies: 103
Views: 8275

Re: Poll: How much cash do you carry?

Usually >$400 bucks. The reason goes back to a missed opportunity for a nice night with an airline stewardess many years ago. I just did not have any money in my pocket to seal the deal.
by Van
Mon Jun 10, 2013 7:22 am
Forum: Investing - Theory, News & General
Topic: "Stock market downside quite limited"
Replies: 25
Views: 3856

Re: Greenspan: Stock market downside "quite limited"

Wasn't he the same guy who declared "irrational exuberance" in 1996 before the market had a huge run? And wasn't he the same guy who "banked" on the free market controlling risk in the housing lender business? +1 I do not know why anyone would listen to him at this point. In my ...
by Van
Sun Jun 02, 2013 4:11 pm
Forum: Investing - Theory, News & General
Topic: Purchase fee eliminated for Vanguard Short Term TIPS fund
Replies: 19
Views: 2278

Re: Purchase fee eliminated for Vanguard Short Term TIPS fun

I wish I had waited. :oops:

Any chance of getting a refund, if I contacted the fund? :happy
by Van
Mon May 27, 2013 4:02 pm
Forum: Personal Consumer Issues
Topic: Do you tip on take out?
Replies: 70
Views: 6609

Re: Do you tip on take out?

Never.
by Van
Sun May 26, 2013 11:03 am
Forum: Investing - Theory, News & General
Topic: Isn't it a bad time to be investing??
Replies: 67
Views: 8295

Re: Isn't it a bad time to be investing??

I believe Mr. Bogle recently (last 6 months or so) stated that this is the most difficult time to invest in his lifetime. The context, as I recall, was in relation to expected returns over the next ten years or so. Unfortunately, I do not remember the reference, and, therefore I can't supply a link....
by Van
Fri May 24, 2013 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Umbrella Insurance
Replies: 84
Views: 6499

Re: Poll: Umbrella Insurance

I carry $5 M. If I'm sued for anything close to that, I think State Farm will provide some nice legal effort on my behalf. Am I thinking correctly?
by Van
Thu May 16, 2013 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree poll: When did you retire?
Replies: 36
Views: 3897

Re: Retiree poll: When did you retire?

lckamp wrote:Hi:
I retired at age 51 in 1990 and haven't looked back since.


I also retired at age 51 (in 1993), but I have looked back at those less fortunate worker bees that were left to toil away.
by Van
Thu May 09, 2013 11:04 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. JOHN BOGLE
Replies: 32
Views: 3375

Re: HAPPY BIRTHDAY MR. JOHN BOGLE

Happy Birthday to a national hero, Mr. John Bogle.
by Van
Fri May 03, 2013 7:46 pm
Forum: Personal Consumer Issues
Topic: Have You Done a FSBO? Did It Go OK?
Replies: 33
Views: 4683

Re: Have You Done a FSBO? Did It Go OK?

Thanks everyone for the interesting, thoughtful and informative replies. Many of your comments were oriented toward helping with the marketing aspect of FSBO, i.e. finding a buyer. These were very informative. However, I'm also very interested in the process that occurs after you have identified a s...
by Van
Wed May 01, 2013 8:24 pm
Forum: Personal Consumer Issues
Topic: Have You Done a FSBO? Did It Go OK?
Replies: 33
Views: 4683

Have You Done a FSBO? Did It Go OK?

I just planted a FOR SALE BY OWNER sign in front of an unoccupied condominium owned by my wife and me. We are trying to sell it on our own to save the 6% fee charged by a realtor. However, we are rookies. So, I would welcome learning about the experience of others.......good or bad. Our plan is to u...
by Van
Mon Apr 15, 2013 5:10 pm
Forum: Investing - Theory, News & General
Topic: Feeling like one of those 500 point market drop days soon
Replies: 31
Views: 5274

Re: Feeling like one of those 500 point market drop days soo

256 today..........you got half of what you're looking for.
by Van
Wed Apr 10, 2013 8:46 pm
Forum: Investing - Theory, News & General
Topic: Malkiel & Ellis Champions of Indexing Warn About Bonds
Replies: 85
Views: 10478

Re: Malkiel & Ellis Inventors of Indexing Warn About Bonds

So are you folks Flagship that you received this for free and us lowly Voyager and Voyager Select folks are left peering in the window sans book? I'm a Flagship client and have not received a copy of this book. Any other Flagship clients NOT receive the book? When the authors are quoted as saying &...
by Van
Tue Apr 09, 2013 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Signing a buyer's broker (real estate) agreement
Replies: 24
Views: 2078

Re: Signing a buyer's broker (real estate) agreement

I don't consider myself that bright but I have bought three houses and sold two without an agent. Subtracting agent fees gives you power on either side. Unlike most things, you can find out the true value of a home yourself online. If you are not moving to a new city, know the area(s) you are inter...
by Van
Wed Mar 27, 2013 10:06 am
Forum: Investing - Help with Personal Investments
Topic: 9% Return via P2P Lending
Replies: 2
Views: 769

Re: 9% Return via P2P Lending

Rob5TCP wrote:Here is a similar thread from last June:

viewtopic.php?f=2&t=97891&newpost=1418390


Thanks for the thread. It was interesting to read the comments from last June, although it turns out P2P investing is not allowed in my state.
by Van
Wed Mar 27, 2013 6:05 am
Forum: Investing - Help with Personal Investments
Topic: 9% Return via P2P Lending
Replies: 2
Views: 769

9% Return via P2P Lending

Do any of you Bogleheads have experience with or opinions on Person-to-Person (Peer-to-Peer; P2P) lending? In this low interest rate environment, considerable investment money is flowing into companies such as LendingClub and Prosper which act as the middle man between the lender and borrower. Preta...
by Van
Sat Mar 16, 2013 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Lazy Index Portfolio - Timing
Replies: 12
Views: 2333

Re: Starting Lazy Index Portfolio - Timing

a3d wrote:The lazy portfolio I plan to invest is Yale U http://www.marketwatch.com/lazyportfoli ... -portfolio. I am sensitive to taxes as I am in the high tax bracket.


There are no municipal bond funds in this portfolio, but there are taxable bond funds. So, I don't understand your comment about being sensitive to taxes.
by Van
Fri Mar 15, 2013 3:35 pm
Forum: Personal Consumer Issues
Topic: Can a Frugal Boglehead date and marry a non Boglehead?
Replies: 34
Views: 5264

Re: Can a Frugal Boglehead date and marry a non Boglehead?

A truly frugal Boglehead would rarely date and never marry.
by Van
Fri Mar 15, 2013 3:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Phishing
Replies: 33
Views: 4798

Re: Vanguard Phishing

"At Vanguard my voice is my password." Vanguard is already using this phrase as a voice recognition password.
by Van
Wed Mar 06, 2013 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Need Suggestions for Distribution in Living Trust
Replies: 4
Views: 483

Re: Need Suggestions for Distribution in Living Trust

FWIW (I'm not an estate attorney): Consider leaving the assets in a trust for each child rather than giving it outright. With a spendthrift clause, you can place some limitations on when and how the principal could be spent down. Also, the trust will protect the assets against creditors and spouses....
by Van
Thu Feb 28, 2013 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Which Med school?
Replies: 162
Views: 21135

Re: Which Med school?

Go to the cheapest med school available (that is in the US and is accredited). She has great applicant statistics. No one will care where she went to school after she has been practicing medicine for 1 year. This would only be correct if she became, for example, a general practitioner and was in a ...
by Van
Wed Feb 27, 2013 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is 100% in Municipal Bonds OK?
Replies: 17
Views: 3618

Re: Is 100% in Municipal Bonds OK?

If it's a tossup, I personally probably wouldn't invest anything at all in Muni bonds. You can get much more diversity on the taxable side (treasuries, TIPS, investment-grade corporates, foreign, etc). I would only invest the majority of my portfolio in munis if there were significant tax savings, ...
by Van
Tue Feb 26, 2013 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Is 100% in Municipal Bonds OK?
Replies: 17
Views: 3618

Re: Is 100% in Municipal Bonds OK?

It may make you feel better (for whatever reason) to know that each dollar you earn will not be taxed, but practically speaking I see no benefit and increased risk to 100% municipal bonds for the bond portion of your portfolio. For example, you will sleep better if someone (wrongly or rightly) anno...
by Van
Mon Feb 25, 2013 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Is 100% in Municipal Bonds OK?
Replies: 17
Views: 3618

Is 100% in Municipal Bonds OK?

Is it too risky to put all of your bond money into municipal bonds? I'm 71 years of age, and my current portfolio is 75% bond funds, 20% stock funds and 5% money market. The bond funds include municipals, TIPs, GNMAs and Investment Grade Corporates. After doing my taxes for 2012, I'm considering put...
by Van
Sat Feb 23, 2013 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for 80 year old widow remarrying.
Replies: 18
Views: 2297

Re: Advice for 80 year old widow remarrying.

:thumbsup :thumbsup
Call_Me_Op wrote:My advice: wish her continued good health and happiness.
by Van
Sat Feb 23, 2013 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Sick of taxes on FI! Options other than Municipals?
Replies: 10
Views: 1516

Re: Sick of taxes on FI! Options other than Municipals?

. I don't see how it's relevant to OP, though. It might be an illustration that a person who wants to avoid taxes on bond income and wants to look beyond the standard answer of buy munis is going to have to really stretch. That's the problem isn't it? If you want to avoid taxes on your bond income,...
by Van
Fri Feb 22, 2013 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Sick of taxes on FI! Options other than Municipals?
Replies: 10
Views: 1516

Sick of taxes on FI! Options other than Municipals?

I just finished my federal taxes, and I got hit hard on the income from my bonds. Are there any options other than municipal bonds for Fixed Income that is tax-free or "low" tax? I'm retired and my tax-deferred space is maxed out. In fact, I'm in the RMD stage. Any ideas for non-equity inv...
by Van
Mon Feb 18, 2013 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for some advice on setting up a trust
Replies: 12
Views: 1532

Re: Looking for some advice on setting up a trust

I just completed a redo of my estate planning. In short, 3 trusts are established upon my death: a marital trust with my wife and a lawyer friend as Co-Trustees (my wife can replace the Co-Trustee anytime she desires), and a trust for each of my 2 sons (in their 40s). Each son is the Trustee and Ben...
by Van
Mon Feb 18, 2013 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially in your late twenties?
Replies: 191
Views: 16453

Re: Where were you financially in your late twenties?

Doing a postdoc at the U. Illinois School of Medicine in Chicago..........flat-ass broke.
by Van
Sun Feb 10, 2013 12:18 pm
Forum: Investing - Theory, News & General
Topic: What %age short/intermediate bonds do you hold now?
Replies: 26
Views: 2241

Re: What %age short/intermediate bonds do you hold now?

I'm not sure the % breakdown is important compared to the weighted average duration.

For me that would be 4.2 years.
by Van
Fri Feb 08, 2013 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Peeking at investments...how often?
Replies: 59
Views: 4362

Re: Peeking at investments...how often?

Every day..........................just cannot stop doing it.

Since I'm retired, I need ways to waste time.
by Van
Fri Feb 01, 2013 5:48 pm
Forum: Personal Consumer Issues
Topic: Stopping Junk Mail
Replies: 51
Views: 6079

Re: Stoping Junk Mail

Freeze your credit.
by Van
Fri Feb 01, 2013 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: What's a better term for 'retired'?
Replies: 97
Views: 10331

Re: What's a better term for 'retired'?

Off-the-Treadmill.
by Van
Wed Jan 30, 2013 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Bogleheads style portfolio for a Trust?
Replies: 17
Views: 1610

Re: Bogleheads style portfolio for a Trust?

If a trust holds tax-free municipal bonds (as the OP is considering) and pays out the tax-free income generated to a beneficiary, is the income still tax-free to the beneficiary? What I'm concerned about is that it might be tax-free to the trust but not to the beneficiary.
by Van
Tue Jan 29, 2013 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Vanguard web site: hide fund with 0 balance
Replies: 10
Views: 4466

Re: Question on Vanguard web site: hide fund with 0 balance

Click on Customize Accounts ......I think it's on the upper right when you are viewing your accounts. Hide 0 balance accounts is an option.
by Van
Mon Jan 28, 2013 3:21 pm
Forum: Investing - Theory, News & General
Topic: Are Stocks Riskier Now Than Four Years Ago?
Replies: 29
Views: 2186

Re: Are Stocks Riskier Now Than Four Years Ago?

I have no idea which puts me way ahead of people who do not know what they do not know!
by Van
Sun Jan 27, 2013 7:16 pm
Forum: Investing - Theory, News & General
Topic: Falling Apple's Price Causes Reverse Convertible Damage
Replies: 20
Views: 3586

Re: Falling Apple's Price Causes Reverse Convertible Damage

As I learned from Jane Bryan Quinn (Newsweek) many years ago, "Never invest in something you do not completely understand."
by Van
Sat Jan 26, 2013 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 199
Views: 34429

Re: Two Comma Club

I wonder if I'm correct in guessing that there are NO Bogleheads in the 3 comma club?

I can't imagine someone in that club worrying, for example, about whether to shorten or lengthen the average duration of their bond fund holdings!
by Van
Tue Jan 22, 2013 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Moving GNMAs to Total Bond or even Tax Exempt Munis?
Replies: 25
Views: 3044

Re: Moving GNMAs to Total Bond or even Tax Exempt Munis?

I just did the opposite. I exchanged Total Bond for GNMA and some other bond funds. Total Bond proved to be just too plain vanilla for me. I want more control over what type of bonds I invest in, their durations etc. Total bond is just a bit boring to me. As I noted in a previous post to this thread...