Search found 2105 matches

by beardsworth
Thu Jul 17, 2008 5:43 pm
Forum: Personal Investments
Topic: Treasuries thru Vanguard Brokerage Account
Replies: 8
Views: 2248

I'm with you on that point, tfb. Since Carol, the original poster, didn't mention a retirement account, I just assumed the question pertained to taxable.

Marc
by beardsworth
Thu Jul 17, 2008 6:53 am
Forum: Personal Investments
Topic: Treasuries thru Vanguard Brokerage Account
Replies: 8
Views: 2248

Another consideration, although not bearing on the issue of safety per se, is that--unless you have Voyager or Flagship status at Vanguard--VBS will charge you a fee every time you buy Treasuries, even brand new Treasuries at original issue, whereas use of Treasury Direct is free. See the "Bonds" se...
by beardsworth
Wed Jul 16, 2008 7:49 am
Forum: Personal Finance (Not Investing)
Topic: OT: Real Estate a hedge against inflation ?
Replies: 17
Views: 3425

Book on residential rentals

Those interested in residential rental RE, using houses rather than purpose-built apartments, may want to read (via interlibary loan or online used book purchase) an out-of-print title, "Managing Your Rental House for Increased Income" by Doreen Bierbrier. The author was a single working woman (this...
by beardsworth
Sun Jun 29, 2008 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Need a tree rec for backyard
Replies: 7
Views: 1922

You might want to check out the "Autumn Blaze" Maple. It's a cross between the silver maple and the red maple, apparently combining the better qualities of each. Fast-growing, excellent fall color (although this will, of course, vary from year to year with weather conditions), and really minor winge...
by beardsworth
Sun Jun 29, 2008 4:16 pm
Forum: Personal Investments
Topic: Understanding (if possible) PIMCO Commodity Real Return
Replies: 6
Views: 1933

Understanding (if possible) PIMCO Commodity Real Return

I have followed with great interest the various discussions on this forum about the role of commodities in a portfolio––for both their own potential rewards, and their diversification function. Those points have been covered articulately by a number of posters, in particular Larry Swedroe. (See, for...
by beardsworth
Fri Jun 27, 2008 3:41 pm
Forum: Personal Investments
Topic: Vanguard funds Rebalancing procedure, how to ?
Replies: 8
Views: 3146

Allen, your post points to one of the big drawbacks at Vanguard, despite the firm's many other admirable qualities. I've written to Vanguard's executive offices several times over the course of several years to ask "Why doesn't Vanguard offer an automatic rebalancing service for individual retiremen...
by beardsworth
Mon Jun 23, 2008 10:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard cited for lousy active fund
Replies: 11
Views: 3039

I have "checked in" on U.S. Growth many times over the years (but never owned it), and, almost without exception, it has chronically underperformed a simple domestic growth index. For the period ending 05-31-2008, for example, Vanguard U.S. Growth has underformed Vanguard Growth Index over the trail...
by beardsworth
Mon Jun 23, 2008 8:35 am
Forum: Investing - Theory, News & General
Topic: Book on great Depression?
Replies: 13
Views: 4511

T. H. Watkins: "The Great Depression: America in the 1930s" emphasizes how "ordinary" people experienced the depression, and the political response to it. I like reading straight prose history books, but I also enjoy seeing photographs of "the way things looked then," and as "the companion volume to...
by beardsworth
Sat Jun 21, 2008 9:05 pm
Forum: Investing - Theory, News & General
Topic: T Rowe Price Investor Magazine
Replies: 9
Views: 2349

While the standard minimum investment to open an account in most T. Rowe Price funds is now $2,500, Price will waive even that lump sum if the investor commences with automatic investing of as little as $50 a month––a policy which, for those of limited means who must "start small," or for those who ...
by beardsworth
Sat Jun 21, 2008 12:37 pm
Forum: Investing - Theory, News & General
Topic: Troubling RBS alert
Replies: 1
Views: 925

Yes, may they be wrong. :-)

There is already another thread in progress about this article.

http://www.bogleheads.org/forum/viewtop ... 1213871932

Marc
by beardsworth
Wed Jun 18, 2008 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Any Amtrak Travelers Here?
Replies: 29
Views: 6283

Nora, Animals are allowed on Amtrak only when they are in "service" to people with disabilities. (See http://www.amtrak.com, pull down "Traveling With Amtrak," then see "Special Needs: Service Animals.") The only Amtrak train offering transportation of cars along with the Amtrak passengers who own t...
by beardsworth
Fri Jun 13, 2008 12:54 pm
Forum: Investing - Theory, News & General
Topic: Inflation: 4 ways to protect your assets
Replies: 12
Views: 2820

Stratton, while you're correct that T. Rowe Price New Era is currently around 2/3 energy, it is not 1/3 gold or precious metals. Even during the recent run-up in gold and silver, this fund has typically had less than 5% of assets in precious metals, although some of its "diversified mining" holdings...
by beardsworth
Fri Jun 13, 2008 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Any Amtrak Travelers Here?
Replies: 29
Views: 6283

Imbusted, Your original post doesn't exactly say where you are, or where you'd like to go, although you specifically mention the Sunset Limited. Unfortunately, in my experience, this train has one of Amtrak's worst on-time records. In addition, it does not operate daily, so that if you wish to get o...
by beardsworth
Wed May 07, 2008 4:42 pm
Forum: Investing - Theory, News & General
Topic: Why "N" in NAESX ?
Replies: 12
Views: 3314

It was named the Naess & Thomas Special Fund from its founding in 1959 until its absorption by Vanguard in 1989, and it still bears the ticker symbol of its "birth."

Marc

http://www.secinfo.com/dXeBb.b24.c.htm
by beardsworth
Thu May 01, 2008 11:21 am
Forum: Investing - Theory, News & General
Topic: I-Bonds 5/08: Fixed Rate 0% Composite Rate 4.84%
Replies: 9
Views: 3657

There's already an earlier and longer thread in progress about this subject. Might be best to "concentrate" posts in one place rather than a multiplication of threads about the same news.

http://www.diehards.org/forum/viewtopic ... 1209655067
by beardsworth
Thu May 01, 2008 6:28 am
Forum: Personal Finance (Not Investing)
Topic: OT: Victoria Canada what do you recommend...
Replies: 11
Views: 2691

Maybe valuethinker (above) was making a word association by referring to "Bush" Gardens (like Busch Gardens in Florida?). My brain sometimes does that, too. :)

Anyway, the beautiful flower gardens outside Victoria are the Butchart Gardens.

http://www.butchartgardens.com

Marc
by beardsworth
Wed Apr 30, 2008 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying car from Carmax?
Replies: 11
Views: 4167

Bounca, We have bought twice from CarMax, once used and once new, and had a favorable experience both times. We like the fact that prices were clearly displayed, that there were multiple brands on the same lot, and that (at least in our experience) the sales people did not approach us with any "what...
by beardsworth
Tue Apr 29, 2008 10:03 am
Forum: Personal Investments
Topic: Save a Marriage! Advice On Diversification
Replies: 45
Views: 7602

Randkin, it may be that I am still not completely understanding your situation, but (I say this respectfully), it seems that to a certain extent you and your wife are speaking different languages with regard to her individual stocks. Or, perhaps it would be more accurate to say that you are asking d...
by beardsworth
Sun Apr 27, 2008 5:10 pm
Forum: Investing - Theory, News & General
Topic: George Soros on economic conditions
Replies: 2
Views: 1806

George Soros on economic conditions

For those interested, an interview with George Soros on the current economic climate/crisis in (of all places) The New York Review of Books.

http://www.nybooks.com/articles/21352
by beardsworth
Thu Apr 24, 2008 4:56 pm
Forum: Personal Investments
Topic: Which is better 4 buying TIPS direct - Vanguard or Fidelity?
Replies: 7
Views: 1933

If I am correctly understanding nisiprius' post above (I confess to possible confusion from the formatting), it indicates that Vanguard charges no fee to buy Treasury securities at original auction. This is true only for Vanguard Voyager or Flagship clients. For all others, Vanguard Brokerage Servic...
by beardsworth
Thu Apr 24, 2008 4:44 pm
Forum: Personal Investments
Topic: Do directly-held TIPS qualify for Vanguard Voyager minimums?
Replies: 10
Views: 2506

Just want to make sure I don't accidentally mislead anyone with my previous post. In attempting to clarify which assets count toward Voyager level service, both of the Vanguard phone reps with whom I spoke referred simply to "Vanguard funds." They didn't distinguish between Vanguard ETFs and Vanguar...
by beardsworth
Thu Apr 24, 2008 1:14 pm
Forum: Personal Investments
Topic: Do directly-held TIPS qualify for Vanguard Voyager minimums?
Replies: 10
Views: 2506

I recently contacted Vanguard by phone to ask for clarification on this point and received the same explanation as indexfundfan (above): Only assets in Vanguard funds "count" toward the dollar threshold to achieve Voyager status with reduced brokerage fees. Individual securities, even if purchased a...
by beardsworth
Wed Apr 23, 2008 6:31 am
Forum: Personal Consumer Issues
Topic: OT: Joke thread!
Replies: 183
Views: 57679

(I first heard Joe's "they're for the funeral" joke [above] as one of many "Olie and Lena" marital jokes out of Minnesota. Part 2 was:) So Olie got so depressed that he killed himself with his shotgun. Lena went down to the local newspaper to place the obituary. "I want it simple and cheap. Just say...
by beardsworth
Tue Apr 22, 2008 5:21 pm
Forum: Investing - Theory, News & General
Topic: FYI - It is Risk Averse (not Risk Adverse)
Replies: 79
Views: 17505

I made the previous post about "toe" the line in response to retiredjg's question. But as the discussion has continued, I got to wondering, "OK, where DID that phrase come from?" So I checked my mostly unabridged American Heritage Dictionary. It doesn't actually give an origin, but among the definit...
by beardsworth
Tue Apr 22, 2008 10:02 am
Forum: Investing - Theory, News & General
Topic: The Emerging New Model for Wealth Management
Replies: 67
Views: 15894

For those who may be interested, Zvi Bodie has started a blog site, although (based on the recent dates and small number of posts) it appears to be quite new and not yet well–known. The questions under the post title "A Time NOT to Buy TIPS?" are my own, but involve basic issues that may be on other...
by beardsworth
Mon Apr 21, 2008 6:36 pm
Forum: Investing - Theory, News & General
Topic: FYI - It is Risk Averse (not Risk Adverse)
Replies: 79
Views: 17505

The joke within the joke is that while people may "tow" lines in the Navy (and elsewhere), when the meaning is about obedience to rules the correct phrase is "toe" the line. And, of course (referring back to the original post), punishment for failing to toe the line is an adverse outcome that risk a...
by beardsworth
Sun Apr 20, 2008 5:00 pm
Forum: Personal Consumer Issues
Topic: OT: Joke thread!
Replies: 183
Views: 57679

[Received in a mass e-mail titled "When Grandma Goes to Court"] In a Southern small-town trial, the prosecuting attorney called his first witness, an elderly woman, to the stand. To demonstrate her mental alertness despite her advanced age, he approached her and asked, "Mrs. Jones, do you know me?" ...
by beardsworth
Mon Mar 31, 2008 7:43 am
Forum: Investing - Theory, News & General
Topic: US Treasuries Have a Higher Credit Risk Than GNMAs
Replies: 31
Views: 5823

docneil's original post and follow-ups make sense to me, probably because I've tended to think the same thing. Although Treasuries and GNMAs are both "full faith and credit" obligations backed (if necessary) by federal government taxation power, GNMAs, being based on large numbers of individual mort...
by beardsworth
Thu Mar 27, 2008 7:48 am
Forum: Personal Finance (Not Investing)
Topic: The reality of a progressive future?
Replies: 39
Views: 7199

I saw the thread title "The reality of a progressive future" and thought--this being the Diehards investment forum, after all--that it might be something about how to reform our economic and business systems so that abuses like the ones now manifesting themselves can never happen again, or about how...
by beardsworth
Sun Mar 23, 2008 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: EEOC Mediation Meetings
Replies: 4
Views: 1934

Munchkin Man, I must first offer the caveat that I cannot vouch for specific detailed current practices of EEOC, as I am no longer in touch, but I worked for EEOC years ago, and what I say here is based on that experience. EEOC is perpetually underfunded and understaffed. (I've heard nothing to indi...
by beardsworth
Thu Mar 20, 2008 8:29 am
Forum: Investing - Theory, News & General
Topic: When rich people whine ...
Replies: 22
Views: 5212

Livesoft wrote (without addressing the post to anyone in particular): Go ahead and register! Good grief! Your failure to register for free makes it harder for you to read this great daily paper on a regular basis. I've been registered for years. I highly recommend it. I have to really wonder why you...
by beardsworth
Thu Mar 20, 2008 6:02 am
Forum: Investing - Theory, News & General
Topic: When rich people whine ...
Replies: 22
Views: 5212

In my experience, nytimes.com really does require log–in to view some articles (don't know how they decide which), but other times the log–in message is just a sign that you're not accepting cookies from the site, i.e., after you accept cookies and reload the article URL, you'll be allowed to see th...
by beardsworth
Wed Mar 19, 2008 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Estimated Taxes
Replies: 18
Views: 3999

Haven't gotten ours, either--and we've been filing estimated taxes for years and have not changed our address. . . . I hadn't even realized they were missing until I read the original post. . . . It always gives me such a warm and fuzzy feeling ( not ) when various state and federal tax forms show u...
by beardsworth
Wed Mar 19, 2008 7:20 am
Forum: Investing - Theory, News & General
Topic: Schultheis (Coffeehouse Investor) on Risk of TIPS
Replies: 24
Views: 5959

[Schultheis is quoted as saying:] "Treasuries trade with inflation figured into their pricing." I'm fairly confident this used to be the case, but I'm inclined not to believe it any longer. I don't say that based on any professional/scientific knowledge (I have none) of the nominal bond market, but ...
by beardsworth
Mon Mar 17, 2008 4:06 pm
Forum: Personal Consumer Issues
Topic: OT: Joke thread!
Replies: 183
Views: 57679

[One of those "mass e-mails" received today from a friend, after being circulated so many times that I can't identify the original author] Please join me in remembering a great icon of the entertainment community. The Pillsbury Doughboy died yesterday of a yeast infection and trauma complications fr...
by beardsworth
Mon Mar 17, 2008 11:40 am
Forum: Investing - Theory, News & General
Topic: a Depression looming?
Replies: 84
Views: 24102

I don't share the original poster's environmental sentiments about drilling everywhere for oil, or his/her application of religious language to political and economic matters (God help us, mark of the beast, etc.). But the original poster made clear that he/she is a disabled person on a limited inco...
by beardsworth
Fri Mar 14, 2008 6:52 am
Forum: Personal Investments
Topic: vanguard vs metlife vs tiaa
Replies: 6
Views: 3508

newtoallthis-- Welcome to the forum. Since you are posting on a forum generally oriented toward Vanguard funds, and named after Vanguard's founder, it is natural, and to be expected, that replies may extol the virtues of Vanguard, which are many. However, TIAA-CREF has two investment vehicles in par...
by beardsworth
Wed Mar 12, 2008 7:36 am
Forum: Personal Investments
Topic: 36 year old needs help w/ AA - all Vanguard funds
Replies: 8
Views: 2337

Well, I took the title of the original post too literally ("36-year-old portfolio advice--all Vanguard funds") and thought "That sounds interesting. I wonder what kind of advice was being given about Vanguard funds in 1972." Obviously, the post is about portfolio advice for a current 36-year-old, no...
by beardsworth
Tue Mar 04, 2008 10:32 am
Forum: Investing - Theory, News & General
Topic: Is the Fed deflating ?
Replies: 44
Views: 8243

I'm the first to admit that I get lost in detailed discussions of monetary/fiscal policies, although I keep trying to read and understand. When I read threads like this one about the effect of Fed actions, I'm always reminded of some of the periodic commentaries from mutual fund manager (and former ...
by beardsworth
Sun Mar 02, 2008 7:51 am
Forum: Personal Investments
Topic: $10,000,000 Windfall
Replies: 57
Views: 14080

I don't presume to offer any advice to the original poster or his wealthy friend. I'm just reading the thread with general amazement, wondering why a person with $10,000,000 in post-tax funds––a sum far exceeding anything my wife and I will ever earn cumulatively in our entire lifetimes--feels the n...
by beardsworth
Thu Feb 28, 2008 6:39 pm
Forum: Investing - Theory, News & General
Topic: Inflation Higher Than We Think
Replies: 55
Views: 11858

Nisiprius,

CPI-U is for "All Urban Consumers"

CPI-W is for "Urban Wage Earners and Clerical Workers"

Don't know why TIPS are based on the former but Social Security increases on the latter.

http://www.bls.gov/ro3/fax_9195.htm
by beardsworth
Thu Feb 28, 2008 6:33 pm
Forum: Investing - Theory, News & General
Topic: Inflation Higher Than We Think
Replies: 55
Views: 11858

The debate about whether the CPI accurately reflects "inflation" has been handled articulately by various posters in this thread, and in many others on the forum, so I won't add to it. But among the many things that bother me about TIPS, there is the following language in the Treasury's original des...
by beardsworth
Mon Feb 18, 2008 10:24 pm
Forum: Personal Investments
Topic: TIAA-CREF or VANGUARD - Retirement Accounts
Replies: 7
Views: 2468

TIAA-CREF's brokerage operation is, IMO, simply not competitive with regard to its fee structure. The $50 fee for buying a Treasury security at original auction is especially ridiculous, when Fidelity charges zero and Vanguard charges $10 (or zero for Voyager clients and above). (Use of a broker wou...
by beardsworth
Thu Feb 14, 2008 7:18 am
Forum: Personal Investments
Topic: Bogle last month:"75% chance of recession"- doIwai
Replies: 4
Views: 1733

Original poster made the same post twice, about half an hour apart. Don't know why.

The other one is the more active:

http://www.diehards.org/forum/viewtopic ... 1202972738
by beardsworth
Mon Feb 11, 2008 6:29 pm
Forum: Personal Consumer Issues
Topic: OT: Joke thread!
Replies: 183
Views: 57679

When the local newspaper sponsored a Best Pun Contest, the man sent in ten different puns, hoping that one would win.

Unfortunately, no pun in ten did.
by beardsworth
Sat Feb 09, 2008 8:26 am
Forum: Investing - Theory, News & General
Topic: How much int'l? VG Portfolio Watch has The Answer!
Replies: 22
Views: 4830

Yes, jsl11 has touched on one of the problems I've seen in a number of portfolio analysis tools in which I've entered hypothetical portfolios from time to time, i.e., their tendency to ignore the foreign content of funds which are otherwise called (or call themselves) domestic. So your portfolio con...
by beardsworth
Fri Feb 08, 2008 5:24 pm
Forum: Personal Investments
Topic: First time Poster’s IRA @ $1,000,000: Shares Wisdom Learne
Replies: 151
Views: 79523

I, too, will be watching for the separate new post about the "top 100" list, though what each of us would put on our own similar list can't help but differ from person to person and couple to couple. My wife and I have had casual discussions like that ("If you knew in advance that your life was goin...
by beardsworth
Fri Feb 08, 2008 4:10 pm
Forum: Investing - Theory, News & General
Topic: Periodic investing does not equal Dollar Cost Averaging
Replies: 79
Views: 24489

Oh, shoot, I just realized that in my last post referencing a "beautiful, large windfall," I may inadvertently have given the impression that I myself had received one. No, no, only in my dreams. The language was hypothetical but meant to apply equally to any situation in which an individual has an ...
by beardsworth
Fri Feb 08, 2008 11:45 am
Forum: Investing - Theory, News & General
Topic: Periodic investing does not equal Dollar Cost Averaging
Replies: 79
Views: 24489

Thanks for the kind words. I used my previous post (which I've just lightly edited after spotting a few typos I missed the first time around) to work out my own thoughts in print--almost like an "investment policy statement" of why I choose the regular-and-steady approach--hoping that it might be he...