Search found 190 matches

by pcsrini
Mon Jun 01, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: WSJ: Individual investors get burned by collapse of complex securities
Replies: 44
Views: 4820

Re: WSJ: Individual investors get burned by collapse of complex securities

The difference could be that you could "buy and hold" your ETF, waiting for the market to recover. It seems like the investors in these ETN's were not aware that the bank could redeem the note at any point, and the bank could recreate the ETN at a later date. Larry Swedroe is also quoted, ...
by pcsrini
Mon Jun 01, 2020 10:34 am
Forum: Investing - Theory, News & General
Topic: WSJ: Individual investors get burned by collapse of complex securities
Replies: 44
Views: 4820

WSJ: Individual investors get burned by collapse of complex securities

https://www.wsj.com/articles/bankrupt-in-just-two-weeksindividual-investors-get-burned-by-collapse-of-complex-securities This article is behind a paywall, and this is the summary. Key takeaways: With leveraged ETN's, the bank purchases derivatives with borrowed money to increase returns. If the ETN ...
by pcsrini
Fri May 29, 2020 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 320
Views: 18816

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Bay Area resident and private school dad here so speaking from personal experience. Challenger and Stafford are hugely popular among Asian immigrants but I would advice you to stay away from them. I toured them extensively (multiple branches, multiple times) a few years ago when we were considering...
by pcsrini
Wed May 27, 2020 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 320
Views: 18816

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

A few points to consider. A number of new bay area residents do seek out good school districts - the economics for newer residents is that they will keep their equity in the house instead of using it for private school fees. Some choose to stay perhaps a little further and pay the private school tui...
by pcsrini
Fri May 08, 2020 2:59 pm
Forum: Forum Issues and Administration
Topic: Thank you, moderators!
Replies: 54
Views: 4649

Re: Thank you, moderators!

+1 Thank you for all the work! Much appreciated!
by pcsrini
Tue Oct 29, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Gated Community--Balancing Security/Access
Replies: 20
Views: 1530

Re: Gated Community--Balancing Security/Access

I've lived in several gated communities and found all the unmanned systems are more of a nuisance than they are worth. We now live in a gated community with 24/7 manned gates for visitors. There is a guest list for each resident at the gate. The gate opens automatically for residents by sensing a s...
by pcsrini
Sat Jun 16, 2018 2:45 pm
Forum: Personal Investments
Topic: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]
Replies: 48
Views: 11099

Re: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]

https://www.wsj.com/articles/woodbridge-bankruptcy-spotlights-ceos-luxury-spending-1525086115 "Investors such as Mr. Stephanopoulos could also come under scrutiny for possible clawback lawsuits. Mr. Stephanopoulos received $2.5 million in investor payments from Woodbridge in the 90-day period b...
by pcsrini
Tue Jun 05, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: [WSJ] What Really Matters for an Index fund: Tax Skill
Replies: 17
Views: 3357

Re: [WSJ] What Really Matters for an Index fund: Tax Skill

From the comment section on the wsj page: "I pulled up the big ones; Vanguard 500 index fund(VFIAX), Fidelity 500 index(FUSEX), Schwab 500 index(SWPPX), and iShares is the example in the article. After tax post-liq: All dated 03/31/2018. Vanguard: 1yr 8.60% 3yr: 8.30% 5yr: 10.54% 10yr: 7.72% iS...
by pcsrini
Fri May 18, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Financial times: Wealthfront's experiment in risk parity has a rocky start
Replies: 14
Views: 2293

Re: Financial times: Wealthfront's experiment in risk parity has a rocky start

Thanks. A google search for the article seems to allow reading it without registration.
by pcsrini
Fri May 18, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Financial times: Wealthfront's experiment in risk parity has a rocky start
Replies: 14
Views: 2293

Financial times: Wealthfront's experiment in risk parity has a rocky start

"Welcome to the magic world of backtesting, where a retroactive application of a strategy to past markets always seems to yield fantastic results, in theory."

https://ftalphaville.ft.com/2018/05/17/ ... cky-start/
by pcsrini
Wed Apr 25, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Wired: Beware of Roboadvisors Bearing Low Fees
Replies: 10
Views: 3244

Re: Wired: Beware of Roboadvisors Bearing Low Fees

Bloomberg: Wealthfront Cuts Fees on Risk Parity Fund After User Backlash

https://www.bloomberg.com/news/articles ... r-backlash
by pcsrini
Fri Mar 23, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: Wired: Beware of Roboadvisors Bearing Low Fees
Replies: 10
Views: 3244

Wired: Beware of Roboadvisors Bearing Low Fees

"Since late February, however, Wealthfront has strayed from this radical idea. Instead of putting investors solely into a low-cost indexing strategy, Wealthfront has now decided to invest 20% of its investors’ funds into an internal “risk parity” fund, which in turn is invested mostly in comple...
by pcsrini
Thu Feb 15, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: Any Creative Ways to Cut the Cable?
Replies: 49
Views: 6099

Re: Any Creative Ways to Cut the Cable?

We switched to Youtube TV a few months ago, and the service has been great. No Cables, Set top boxes etc. and simple to set up with no commitments. Networks included are on the page below:

https://tv.youtube.com/welcome/
by pcsrini
Tue Jan 30, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Wall Street to Vanguard: We’re Not Your Doormat [Fidelity charging some plans to hold Vanguard funds]
Replies: 63
Views: 19710

Re: Wall Street to Vanguard: We’re Not Your Doormat

Here is another article related to this subject. 401K's choices of funds are limited, and once chosen by an investor they tend to be sticky. Never quite understood why a 401K cannot be more like an IRA without limiting the choices of funds. The administrative costs for the 401K whether it offers 10 ...
by pcsrini
Sun Jan 28, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Wall Street to Vanguard: We’re Not Your Doormat [Fidelity charging some plans to hold Vanguard funds]
Replies: 63
Views: 19710

WSJ: Wall Street to Vanguard: We’re Not Your Doormat [Fidelity charging some plans to hold Vanguard funds]

Link, and there may be a paywall: https://www.wsj.com/articles/wall-street-to-vanguard-were-not-your-doormat-anymore-1517157915 "Fidelity makes it more expensive for some clients to invest in Vanguard funds, while others cut off access altogether" Gist of the article is that Vanguard does ...
by pcsrini
Wed Oct 11, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 11103

Re: Which Streaming Service/Live TV?

+1 for Youtube TV.

You will need the chromecast V2 or HD device plugged into your TV, but there are no set top boxes, no wires etc. And the quality of streaming has been consistent, glitch free and smooth. It is $35/month.
by pcsrini
Sat Dec 10, 2016 11:20 am
Forum: US Chapters
Topic: Boglehead's newest millionaire
Replies: 89
Views: 12295

Re: Boglehead's newest millionaire

Congrats, Chris!!
by pcsrini
Mon Dec 14, 2015 1:57 pm
Forum: Personal Consumer Issues
Topic: Ebay issues - non-paying buyer
Replies: 9
Views: 1837

Re: Ebay issues - non-paying buyer

You can also block buyers who have previously had issues with non-payment from bidding on your listings:

http://pages.ebay.com/help/sell/buyer-requirements.html
by pcsrini
Mon Dec 14, 2015 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: The psychology of high deductible health plans
Replies: 103
Views: 11253

Re: The psychology of high deductible health plans

I listened to this show on NPR recently. Apparently, even the online tools that are provided are not reliable for pricing purposes:

http://www.npr.org/sections/health-shot ... unreliable
by pcsrini
Thu Dec 03, 2015 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 327
Views: 59624

Re: Vanguard TurboTax - Not Available 2015?

The price on the Turbotax link with the Vanguard discount does NOT include State. State is an additional 36.99 for Premier.

The price for Premier on AMZN is 69.99 and this includes State and free Fed e-file.
by pcsrini
Tue Dec 01, 2015 1:21 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg Article [Vanguard’s Gain Is Wall Street’s Pain]
Replies: 30
Views: 4152

Yahoo: Vanguard’s Gain Is Wall Street’s Pain ..

http://finance.yahoo.com/news/vanguard-gain-wall-street-pain-145617972.html Is this really true: "So how does this story end? Right now, passive products, such as index funds and ETFs, have about 30 percent of the $16 trillion in total investor assets, compared with active products, which still...
by pcsrini
Wed Aug 26, 2015 12:33 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 47371

Re: The Bogleheads' Silent Majority

I also don't post often, but read the site almost every day. I continue to be amazed after all these years with the very knowledgeable good folks on this site, and the help they provide to stay the course !! Super grateful for the insights ...
by pcsrini
Tue Jun 23, 2015 1:34 pm
Forum: US Chapters
Topic: Happy Birthday to Mel [Lindauer]
Replies: 36
Views: 6765

Re: Happy Birthday to Mel [Lindauer]

happy birthday, Mel
by pcsrini
Tue Apr 28, 2015 11:19 am
Forum: Investing - Theory, News & General
Topic: IBD: How Does Your Nest Egg Compare To Most Americans'?
Replies: 14
Views: 4617

IBD: How Does Your Nest Egg Compare To Most Americans'?

Not sure how accurate this information is ..

"Savings amounts often appear to be based more on seat-of-the-pants decisions than careful planning or analysis of stock market news and opportunities."

http://news.investors.com/042815-749866 ... verage.htm
by pcsrini
Tue Apr 14, 2015 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 51989

Re: Cost of College & Weighing the Merits of Top Schools

The economist recently put out an article which concluded that for engineering and computer science degrees the attended university does not greatly influence earned income over a 20-year period. However, for non-engineering and computer science degrees, top schools had a better ROI. here is the ar...
by pcsrini
Sun Apr 12, 2015 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 51989

Re: Cost of College & Weighing the Merits of Top Schools

Wow after 5 pages of discussion I still have not seen ANY data to support sending kids to "top schools" do better qualitatively via "life experiences" or any advantage of moving to higher paying positions in companies. We already know the data shows NO correlation to expense of ...
by pcsrini
Fri Apr 10, 2015 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 51989

Re: Cost of College & Weighing the Merits of Top Schools

Wow, awesome thread, and a few observations: 1. For STEM careers, and with more and more high tech companies moving towards objective hiring practices, the school you attend may perhaps not matter as much. Google doesn't care where you went to college: http://money.cnn.com/2015/04/09/technology/goog...
by pcsrini
Tue Mar 03, 2015 6:21 pm
Forum: Investing - Theory, News & General
Topic: Taylor Larimore Honored
Replies: 59
Views: 9938

Re: Taylor Larimore Honored

Congratulations, Taylor!!
by pcsrini
Sat Feb 21, 2015 8:17 pm
Forum: Investing - Theory, News & General
Topic: Most trading strategies are not tested rigorously enough
Replies: 1
Views: 560

Most trading strategies are not tested rigorously enough

Economist article on false hope and the inadequate testing of trading strategies: "This implies that half the financial products (promising outperformance) that companies are selling to clients are false." - don't quite understand why this would be only half. http://www.economist.com/news/...
by pcsrini
Fri Jan 30, 2015 1:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity: Ranks of 401(k) millionaires surge
Replies: 1
Views: 897

Fidelity: Ranks of 401(k) millionaires surge

Key reasons cited: 401 K millionaires "stay the course" and "keep saving" regardless of market swings

http://finance.yahoo.com/video/ranks-40 ... 00810.html
by pcsrini
Thu Jul 24, 2014 5:28 pm
Forum: US Chapters
Topic: favorite bogleheads posts?
Replies: 116
Views: 31001

Re: favorite bogleheads posts?

Thanks to all the great advice over the years but this one was very timely from Rick:

http://www.bogleheads.org/forum/viewtopic.php?t=26284
by pcsrini
Wed Jul 23, 2014 4:35 pm
Forum: Investing - Theory, News & General
Topic: A case against Index Funds in India
Replies: 32
Views: 3549

Re: A case against Index Funds in India

Here is an interesting comparison of real estate, gold, fixed income and stock market returns in India over the past 2 decades.

http://www.bemoneyaware.com/blog/return ... tate-debt/
by pcsrini
Sat Jul 12, 2014 5:45 pm
Forum: Investing - Theory, News & General
Topic: Economist: The $15 trillion question
Replies: 5
Views: 2715

Economist: The $15 trillion question

Economist on Investing in retirement: The $15 trillion question Many retired people don’t have proper pensions any more. The financial-services industry may end up cashing in http://www.economist.com/news/finance-and-economics/21606894-many-retired-people-dont-have-proper-pensions-any-more-financial...
by pcsrini
Sat Apr 26, 2014 2:31 am
Forum: Personal Consumer Issues
Topic: College Competition [locked]
Replies: 41
Views: 8966

Re: College Competition

I would think that these students applied to the competitive majors at UC Berkeley like EECS (ELectrical Engg and Computer Science) - the bar for the competitive majors is very high, and admission criteria is a combination of the SAT score, GPA and relative ranking at the school, with consideration ...
by pcsrini
Wed Jan 22, 2014 10:29 pm
Forum: US Chapters
Topic: Taylor's 90th Birthday
Replies: 272
Views: 37207

Re: TAYLOR'S UPCOMING 90th BIRTHDAY

Taylor - wishing you a very happy 90th birthday, and many, many happy returns. You are a true inspiration to all of us.
by pcsrini
Wed Jan 22, 2014 4:17 pm
Forum: Personal Consumer Issues
Topic: Bay area Public vs Private School
Replies: 67
Views: 30492

Re: Bay area Public vs Private School

Some students I know who went to a prominent, Bay Area private school, Harker (http://en.wikipedia.org/wiki/Harker_School) ended up at IV League schools, but many did not. Harker's tuition for high school is reported on Wikipedia as $38,900/yr. I would think their high levels of success could be th...
by pcsrini
Wed Jan 15, 2014 3:01 am
Forum: Personal Consumer Issues
Topic: Bay area Public vs Private School
Replies: 67
Views: 30492

Re: Bay area Public vs Private School

There are a few other good private schools besides Harker, Bellarmine, St. francis, Castellija for high school. We know folks who have started at Challenger/Stratford/Public and then transitioned in high school to one of these schools - some of the others are Notre Dame, Presentation etc. The school...
by pcsrini
Tue Dec 31, 2013 1:52 pm
Forum: Investing - Theory, News & General
Topic: Winners of 2013: Boring Investors
Replies: 14
Views: 3224

Winners of 2013: Boring Investors

Wishing all the wonderful folks on this forum a very happy new year !! http://online.wsj.com/news/articles/SB10001424052702304361604579290852454740162 "So-called dumb-money strategies, which involve buying and holding a plain-vanilla portfolio of U.S. stocks, did much better than the more compl...
by pcsrini
Wed Dec 25, 2013 5:24 pm
Forum: Investing - Theory, News & General
Topic: The Goals of Traders and Investors Are Light-Years Apart
Replies: 2
Views: 700

The Goals of Traders and Investors Are Light-Years Apart

Good read on Wall Street's obsession with high speed automated trading, and how this is different from investing.

http://www.nytimes.com/2013/12/24/your- ... apart.html
by pcsrini
Sat Dec 21, 2013 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move to California from Midwest?
Replies: 153
Views: 13377

Re: Should I move to California from Midwest?

I tend think that the cost/benefit analysis kind of misses the point. Silicon Valley is kind of a unique environment that a person may find exciting and inspiring, or it just may not be their cup of tea. A lot of the negatives pointed out in this thread just come with the territory in any large met...
by pcsrini
Sat Dec 07, 2013 7:21 pm
Forum: Investing - Theory, News & General
Topic: Beating the Market, as a Reachable Goal
Replies: 47
Views: 4715

Beating the Market, as a Reachable Goal

Nytimes artice with a quote from Mr. Fama at the end:

http://www.nytimes.com/2013/12/08/your- ... -goal.html
by pcsrini
Mon Nov 04, 2013 5:22 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri and Bogleheads in the WSJ today
Replies: 4
Views: 1347

Re: Rick Ferri and Bogleheads in the WSJ today

Is it this one "Some Indexers Grouse About 'Smart Beta' Approaches" ? Googling with this text will lead to the article.
by pcsrini
Wed Oct 30, 2013 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Hit a milestone today [401(k)]
Replies: 76
Views: 10518

Re: Hit a milestone today [401(k)]

Congratulations !!!
by pcsrini
Wed Jul 17, 2013 4:33 pm
Forum: Investing - Theory, News & General
Topic: [Sad news - Pat Larimore]
Replies: 225
Views: 23611

Re: [Sad news - Pat Larimore]

Hi Taylor - thanks for being a huge inspiration to all of us who depend on your wisdom, and sorry to hear about your loss.
by pcsrini
Tue Jan 08, 2013 1:09 am
Forum: Personal Consumer Issues
Topic: How do get payment from Craigslist if I need to ship.
Replies: 53
Views: 10111

Re: How do get payment from Craigslist if I need to ship.

Here is how to request a payment via paypal:

https://www.paypal.com/webapps/mpp/requesting-payments

and the fees:

https://www.paypal.com/webapps/mpp/paypal-fees

There is a link on the seller protection features that PP offers, which may be helpful.