Search found 451 matches

by robertalpert
Tue Jan 28, 2014 3:40 pm
Forum: Investing - Theory, News & General
Topic: When the market tanks, what happens to cash flow?
Replies: 22
Views: 2454

Re: When the market tanks, what happens to cash flow?

Perhaps it's similar to bond yield: inversely related to share price??
by robertalpert
Tue Jan 28, 2014 10:38 am
Forum: Personal Investments
Topic: My annualized returns are WORSE than yours. Why?
Replies: 87
Views: 9491

Re: My annualized returns are better than yours. Why?

sscritic wrote:I think some people left their sarcasm detectors at home this morning. The OP is clearly pulling our leg.

My leg does feel a little out of joint this morning.
by robertalpert
Tue Jan 28, 2014 12:40 am
Forum: Personal Investments
Topic: My annualized returns are WORSE than yours. Why?
Replies: 87
Views: 9491

Re: My annualized returns are better than yours. Why?

Your funds appear to be all stock funds; your allocation appears to be 100% equity. Performance is net of expense ratio but is not net of sales loads or 12b-1 fees. So you should subtract 6% from your portfolio performance to arrive at an adjusted performance on each and every fund. So with 100% equ...
by robertalpert
Mon Jan 27, 2014 6:56 pm
Forum: Personal Investments
Topic: My annualized returns are WORSE than yours. Why?
Replies: 87
Views: 9491

Re: My annualized returns are better than yours. Why?

Cocky title, but I come with a posture of learning. I have our Roth IRA's with an advisor who "actively manages the funds." I'm new to the site, but decided to compare my performance vs. typical performance for Bogleheads (according to the polls) . For the last five years (as long as I've...
by robertalpert
Sun Jan 26, 2014 1:35 am
Forum: Investing - Theory, News & General
Topic: Is cash trash or king? Market timing
Replies: 30
Views: 3164

Re: Is cash trash or king? Market timing

mbk734 wrote: I ask because I may consider moving bonds to stocks when the market is down and vice versa when the market goes up.
What is it that will inform you in advance of market tops and bottoms?
by robertalpert
Wed Jan 22, 2014 12:13 am
Forum: Personal Investments
Topic: Investment Portfolio Software
Replies: 3
Views: 956

Re: Investment Portfolio Software

Is there a portfolio management software which allows the user to download data from the Thrift Savings Plan and Treasury Direct Online? The “Vanguard Portfolio Watch” can successfully link to the above accounts but it is not able to correctly determine the portfolio allocation for these outside in...
by robertalpert
Tue Jan 21, 2014 3:35 pm
Forum: Personal Investments
Topic: What specific mutual funds is Dave Ramsey referring?
Replies: 22
Views: 7481

Re: What specific mutual funds is Dave Ramsey referring?

Note that this answer suggests that perhaps the first fund (12.78% per year) is The Investment Company of America® (growth-and-income fund) (symbol AIVSX ). The numbers don't quite align, but the question being answered in that link uses numbers Mr. Ramsey provided during 2012, so you would expect ...
by robertalpert
Tue Jan 21, 2014 1:57 am
Forum: Personal Investments
Topic: Target Funds?
Replies: 21
Views: 2077

Re: Target Funds?

Vanguard target date funds are transparently constructed with 4 or 5 component index funds. They are fully indexed and are the only ones I would consider. Target date funds from other sources like T Rowe Price and Fidelity have a hodgepodge of 20 to 30 component funds; are not fully indexed; and the...
by robertalpert
Sun Jan 19, 2014 8:34 pm
Forum: Investing - Theory, News & General
Topic: Home Equity as "Fixed Income" allocation
Replies: 64
Views: 5187

Re: Home Equity as "Fixed Income" allocation

Perhaps, if and only if, you could get a home equity loan; Then invest the proceeds in total bond fund and have bond fund yield that is substantially higher than the home equity loan rate. That is not very likely. Variable rates for equity loans would always rise higher than the yield on relatively ...
by robertalpert
Sun Jan 19, 2014 12:05 am
Forum: Investing - Theory, News & General
Topic: Who Invests 100% in Passive Index Funds/ETFs
Replies: 79
Views: 8835

Re: Who Invests 100% in Passive Index Funds/ETFs

We are 60% indexed: Vanguard {international; total bond; extended market} and 40% actively managed: equal portions of {Wellington vwelx; Wellesley vwinx; Sequoia sequx} Annual rebalancing (when contributing to Roths) would be a pain were it not for portfolio tester tool. Simplicity (and lower ER's) ...
by robertalpert
Thu Jan 09, 2014 6:50 pm
Forum: Personal Consumer Issues
Topic: Cordless Phone for Hearing Impaired
Replies: 13
Views: 1462

Re: Cordless Phone for Hearing Impaired

T-coil is one of the technologies for telephone / hearing aid connection. There may be other formats (eg bluetooth).
It may depend on which technologies your hearing aids are compatible with.
by robertalpert
Thu Jan 09, 2014 10:01 am
Forum: Personal Consumer Issues
Topic: Cordless Phone for Hearing Impaired
Replies: 13
Views: 1462

Re: Cordless Phone for Hearing Impaired

I have no experience with the issue. But you might get some suggestions from a local audiologist.

What sort of issues have users of those telephones reported?
by robertalpert
Tue Jan 07, 2014 7:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard merged Mutual fund + brokerage - anyone have yet?
Replies: 61
Views: 16946

Re: Vanguard merged Mutual fund + brokerage - anyone have ye

When I asked a rep, he said they are offering it slowly, to about 1% of account holders, and that I do not qualify. (Perhaps they are looking for investors that trade a lot.) The rep said it may be offered more generally to those interested later in 2014. (But didn't know what month).
by robertalpert
Tue Jan 07, 2014 12:25 am
Forum: Personal Investments
Topic: Switch to Tax exempt
Replies: 10
Views: 1459

Re: Switch to Tax exempt

I've also been thinking about moving some of my mother-in-laws Total Bond funds into tax exempt, as she has a large holding in her taxable account. I posted a thread on this but haven't gotten any replies on this particular part of my thread so I'm glad to see this one. She is just inside the 25% r...
by robertalpert
Tue Jan 07, 2014 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Critique of an actively managed fund
Replies: 24
Views: 2936

Re: Critique of an actively managed fund

There are active funds that have done better than comparable indices for a long time. There are also active funds that did that for a while, and faltered. Basically, the manager runs out of tricks, luck or just steam. So the real question is: how long will the streak last. While this fund has a 20 ...
by robertalpert
Fri Jan 03, 2014 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Critique of an actively managed fund
Replies: 24
Views: 2936

Re: Critique of an actively managed fund

It has an interesting performance chart, (similar to Wellington), but the objectives of this fund are to seek very short-term reward with undervalued stocks without regard for the long-term. It is a contrarian fund. I'll stick with indexing. The fund's statement of objectives: http://www.fpafunds.c...
by robertalpert
Fri Jan 03, 2014 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Critique of an actively managed fund
Replies: 24
Views: 2936

Re: Critique of an actively managed fund

It has an interesting performance chart, (similar to Wellington), but the objectives of this fund are to seek very short-term reward with undervalued stocks without regard for the long-term. It is a contrarian fund. I'll stick with indexing. The fund's statement of objectives: http://www.fpafunds.co...
by robertalpert
Thu Jan 02, 2014 11:18 am
Forum: Personal Investments
Topic: When to invest $5,500 in Roth IRA in 2014?
Replies: 53
Views: 8116

Re: When to invest $5,500 in Roth IRA in 2014?

If prior to contribution that $5500 was already part of the 80/20 (within your taxable account), then invest it lump sum to keep your allocation. If it is money from savings account, then that is a good rationale for time-diversification (DCA), but not over too long a time period, perhaps 3 to 5 mon...
by robertalpert
Fri Dec 27, 2013 1:37 pm
Forum: Investing - Theory, News & General
Topic: SP500 Sigma Events
Replies: 101
Views: 5295

Re: SP500 Sigma Events

The relevant book here is The Misbehavior of Markets: A Fractal View of Financial Turbulence , by Mandelbrot and Hudson. According to Mandelbrot, the truth of financial data series is not as bad as the Cauchy distribution, but it is still very bad. .... ...... ....... I think it is simply ignored, ...
by robertalpert
Fri Dec 27, 2013 10:02 am
Forum: Personal Investments
Topic: Ohio 529 web site change
Replies: 2
Views: 481

Re: Ohio 529 web site change

Holiday greetings! Ohio 529 site (collegeadvantage.com) has been totally revamped. The new one seems losing a feature that I like. Basically, for each investment choice in my portfolio, the old site allows me to see the gain/loss. However, the new site only shows a single number, which is the combi...
by robertalpert
Wed Dec 25, 2013 8:33 pm
Forum: Personal Investments
Topic: Good single fund for conservative retiree
Replies: 25
Views: 2526

Re: Good single fund for conservative retiree

Retread wrote: My point is that one of modest means doesn't need tax exempt income.
Bruce


I see what you mean. Perhaps short-term bond index or CD, or not sure what else
by robertalpert
Wed Dec 25, 2013 8:30 pm
Forum: Personal Investments
Topic: Good single fund for conservative retiree
Replies: 25
Views: 2526

Re: Good single fund for conservative retiree

deleted, error in editing
by robertalpert
Wed Dec 25, 2013 8:28 pm
Forum: Personal Investments
Topic: Good single fund for conservative retiree
Replies: 25
Views: 2526

Re: Good single fund for conservative retiree

Intermediate term tax exempt bond fund vmltx or short-term bond index vbisx If she wants something more exiting, then she should talk to a financial planner. Tax exempt? Would be interested in your reasoning. Bruce I missed that fact it was IRA money. If in IRA, scrap the tax exempt. But still cons...
by robertalpert
Wed Dec 25, 2013 5:37 pm
Forum: Personal Investments
Topic: Good single fund for conservative retiree
Replies: 25
Views: 2526

Re: Good single fund for conservative retiree

Intermediate term tax exempt bond fund vmltx

or short-term bond index vbisx


If she wants something more exiting, then she should talk to a financial planner.
by robertalpert
Mon Dec 23, 2013 12:32 am
Forum: Investing - Theory, News & General
Topic: Performance Historyof a hypothetical investment or portfolio
Replies: 3
Views: 488

Re: Performance Historyof a hypothetical investment or portf

Can you give a few examples of chase funds and Vanguard funds that you have or are considering? (Fund name, symbol, expense ratio). Typically, an unsavory advisor will compare with an inappropriate benchmark; short timeframes; hide important costs factors; transaction costs; frequently changing into...
by robertalpert
Sat Dec 21, 2013 10:39 pm
Forum: Personal Investments
Topic: Any 529 Plan with Vanguard Wellesley as an option?
Replies: 6
Views: 893

Re: Any 529 Plan with Vanguard Wellesley as an option?

It appears that Ohio and Tennessee 529 plans both have wellington. Tennessee also has some Life Strategy and a few DFA funds. But I don't know whether any 529s have Wellesley.
by robertalpert
Sat Dec 21, 2013 10:29 am
Forum: Personal Investments
Topic: Have a few really bad losses back from 2007
Replies: 13
Views: 1229

Re: Have a few really bad losses back from 2007

I was hoping they would come back like many of the other ones have done. Whether they come back or not, is irrelevant. If the funds no longer fit into your investment plan, then they are taking up valuable space within your portfolio. Delaying their sale and replacement, means delaying the re-struc...
by robertalpert
Sat Dec 21, 2013 12:04 am
Forum: Personal Investments
Topic: Have a few really bad losses back from 2007
Replies: 13
Views: 1229

Re: Have a few really bad losses back from 2007

Should you sell off funds with very high expense ratios in very narrow sectors? Regardless of gain or loss, today is a very good day to replace all of them with broad index funds with very low expense ratios. Assuming you already have an investment plan. http://www.bogleheads.org/wiki/Bogleheads®_in...
by robertalpert
Tue Dec 17, 2013 10:19 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Funds that You Don't Own
Replies: 36
Views: 5231

Re: Your Favorite Funds that You Don't Own

Sequoia SEQUX Probably the best mutual fund of the last 50 years. 10 yr average annual rate of return 9.04%, since origination on 7/15/70 is 14.55%, ER 1.03% , up 29% this year Presently closed to new investors. Was open for a couple of years 2008-2010, prior to that closed for about 20 years 1985 ...
by robertalpert
Tue Dec 17, 2013 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Loans with 401k for ACA Subsidy
Replies: 9
Views: 1334

Re: Pay off Loans with 401k for ACA Subsidy

deleted due to editing error
by robertalpert
Tue Dec 17, 2013 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Loans with 401k for ACA Subsidy
Replies: 9
Views: 1334

Re: Pay off Loans with 401k for ACA Subsidy

How would a temporary increase in taxable income also improve or enhance their subsidy for ACA? Taking a distribution in the 15% tax rate might not increase their taxes, unless the extra income pushes then to the 25% bracket. (I don't know much about tax laws --- or about ACA.) Perhaps you / they sh...
by robertalpert
Fri Dec 13, 2013 7:20 am
Forum: Personal Consumer Issues
Topic: "Control my care;" and other alternatives to healthcare?
Replies: 30
Views: 2899

Re: "Control my care;" and other alternatives to healthcare?

ResearchMed wrote:
I'm truly confused about why you are so upset about not wanting insurance.
You'll probably need to pay the yearly penalty, but you don't need to get the insurance, if I understand the ACA laws now.

RM

+1
by robertalpert
Thu Dec 12, 2013 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Small Business: Massage Parlor?
Replies: 10
Views: 2888

Re: Small Business: Massage Parlor?

We've moved from the north to the south, in a rapidly growing city. Back at "home" there are massage parlors everywhere, and I "hear" they do very well financially. As I'm doing some research on this, and contact some existing franchises, does anybody on this board have experien...
by robertalpert
Thu Dec 12, 2013 6:47 pm
Forum: Personal Investments
Topic: physician 2.5 years out of training
Replies: 71
Views: 9168

Re: physician 2.5 years out of training

Brief update, I looked further into loan forgiveness. I work at an institution that qualifies, and I looked further into my federal loans. It turns out that all of them are candidates for loan forgiveness. So clearly it makes sense to let those ride at minimum payment until I have 10 years service,...
by robertalpert
Tue Dec 10, 2013 11:41 pm
Forum: Personal Investments
Topic: physician 2.5 years out of training
Replies: 71
Views: 9168

Re: physician 2.5 years out of training

You may want to invest in reading a couple of books pertinent to your situation:

http://www.barnesandnoble.com/w/richest ... 0451205360


http://www.barnesandnoble.com/w/the-mil ... 1589795471
by robertalpert
Tue Dec 10, 2013 8:22 pm
Forum: Personal Investments
Topic: physician 2.5 years out of training
Replies: 71
Views: 9168

Re: physician 2.5 years out of training

You mention wanting allocation of 100% stocks (equity); zero % bonds. Since your debt is considered to be inverse-bond; In order to get down to 100% stocks (equity) you would need over $400,000 in bond holdings to balance out your debt level. With $400,000 in bonds, the rest in stock, then you will ...
by robertalpert
Sun Dec 08, 2013 12:46 am
Forum: Investing - Theory, News & General
Topic: buy/hold vs. buy/hold/rebalance
Replies: 64
Views: 7023

Re: buy/hold vs. buy/hold/rebalance

This article from Altruist site advocates that rebalancing too frequently or with too small of bands is sub-optimal. But rebalancing only once or twice per year with larger bands (eg the larger of 25% relative band, or 10% absolute band) might improve both risk and return. http://www.tdainstitutiona...
by robertalpert
Thu Dec 05, 2013 12:21 am
Forum: Personal Investments
Topic: Executive Counseling Services
Replies: 8
Views: 1120

Re: Executive Counseling Services

He said that his active funds are better than average as his company continually monitors the funds and adds/deletes funds as needed to insure a good return. If an active fund is truly worthwhile, then one would only rebalance ---- that is sell some when up; buy more when down. Anything else would ...
by robertalpert
Mon Dec 02, 2013 11:40 pm
Forum: Personal Investments
Topic: Anyone is using Personalcapital.com?
Replies: 3
Views: 1292

Re: Anyone is using Personalcapital.com?

I've been using personalcapital.com for a few months now. So far, I like the alternative view it brings to the style slices. I was also contacted and participated in their portfolio assessment. The first contact was from their appointment scheduler. First of three assessment-related sessions include...
by robertalpert
Mon Dec 02, 2013 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is it dumb of me to not have any money in taxable?
Replies: 77
Views: 8756

Re: Is it dumb of me to not have any money in taxable?

Yes, I don't keep any money in cash because I want maximum work efficiency from my money. My access to funds is 2 helocs (just in case there is a problem with one): one with Wells Fargo for 250k and another with a local regional bank for about 500k. Good to have the helocs but keep at zero borrowed...
by robertalpert
Fri Nov 29, 2013 2:28 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund gifts for grand kids
Replies: 5
Views: 878

Re: Mutual Fund gifts for grand kids

Wellington and Wellesley both have $3000 initial purchase minimums. But if you happen to reside in Ohio, then Ohio 529 plan has Wellington as one of their funds with an initial minimum of $25.
by robertalpert
Thu Nov 28, 2013 11:50 am
Forum: Personal Investments
Topic: Simplicity is beautiful.
Replies: 32
Views: 6230

Re: Simplicity is beautiful.

Now I am down to two balanced funds. Two so I can combine them to get the 50/50 AA I want. That AA will drift around a bit, but not by much so I won't bother with re-balancing unless I notice a big discrepancy and even then I will think hard about it. ....... Life is so much simpler now. This idea ...
by robertalpert
Sun Nov 24, 2013 9:03 am
Forum: Personal Investments
Topic: Equal Weight or Market Cap. Weight?
Replies: 13
Views: 2125

Re: Equal Weight or Market Cap. Weight?

Depends on you. Your need for increased risk; Capacity to weather a down-turn and keep on same path; Size of portfolio; .....
by robertalpert
Sun Nov 24, 2013 12:13 am
Forum: Personal Consumer Issues
Topic: Masters in Mental Health Counseling
Replies: 21
Views: 1793

Re: Masters in Mental Health Counseling

A bachelor in psychology will only qualify her to become a student in the next phase. Take the precaution to find out that her planned master's degree will actually qualify her for state licensure. MSW may qualify her to become a state licensed independent social worker (LISW). Other counseling mast...
by robertalpert
Fri Nov 22, 2013 11:40 pm
Forum: Personal Investments
Topic: Equal Weight or Market Cap. Weight?
Replies: 13
Views: 2125

Re: Equal Weight or Market Cap. Weight?

I recently found this thread about equal weight being "no free lunch" because the increase return includes increased beta risk: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=115525&p=1683354 Using cap-weight versus tilting to small versus Alternative weighting schemes: {equa...
by robertalpert
Fri Nov 22, 2013 12:45 am
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 420
Views: 94731

Re: VBS upgrade roll out has started

I was just given the option to upgrade my Roth VBS account. Here's some benefits listed: * Get a single tax statement for your tax filing convenience. Tax forms for the mutual fund account have usually been available in February. The VBS tax forms lag by a month or so (March). If the combined singl...
by robertalpert
Thu Nov 21, 2013 1:05 am
Forum: Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 5320

Re: Why I will use Target Retirement for the foreseeable fut

I like the transparency of Vanguard's Target / Life strategy funds. And especially for considering the inheritance issue (spouse is not prepared to handle slice and dice). But it's hard for me to let go of small or value tilting. My current slice / dice includes Wellington; Wellesley; Extended marke...
by robertalpert
Mon Nov 18, 2013 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Firing an Advisor
Replies: 18
Views: 2366

Re: Firing an Advisor

Transfer the stocks to a discount brokerage, so that they will be less expensive to sell. Find the tax basis of every stock. Sell any stock which is more than 5% of your portfolio to get it down to 5%, independent of tax consequences; having too much in any one stock is an unnecessary risk. Sell al...
by robertalpert
Sat Nov 16, 2013 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Does Vanguard have a test portfolio feature ?
Replies: 6
Views: 982

Re: Does Vamguard have a test portfoilo feature ?

Some do not like the Vanguard's portfolio analysis feature because it classifies some assets differently then other asset allocation models (eg Morningstar). Vanguard's program is detailed with domestic assets, showing cap / style allocation. It shows percentages of domestic to international; but do...
by robertalpert
Sat Nov 16, 2013 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Does Vanguard have a test portfolio feature ?
Replies: 6
Views: 982

Re: Does Vamguard have a test portfoilo feature ?

Yes, but you need to have a Vanguard account. Within the vanguard account to the link "portfolio analysis". This gives asset allocation information. Then to the link "portfolio tester tool". The testing screen shows the current investments and you input dollar additions or subtra...