Search found 535 matches

by denismurf
Sat Jul 04, 2009 5:41 pm
Forum: Personal Investments
Topic: Is it possible to be saving too much?
Replies: 60
Views: 10748

Strictly my opinions. 1. You should save the excess of your income over your expenses. You're already doing that. Worry no more about saving too much. 2. Join inexpensive or free activities that you are comfortable with that require you to interact with people more or less your age. Take a couple of...
by denismurf
Fri Jul 03, 2009 9:03 pm
Forum: Investing - Theory, News & General
Topic: Roubini summary of current economic situation
Replies: 7
Views: 2233

It's pretty safe to say that a post that includes the word "Obama" has switched into politics. Please take this stuff to the Politics topic in the Morningstar forum.
by denismurf
Wed Jul 01, 2009 1:47 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg & Muni Bonds
Replies: 3
Views: 935

More sources of info are always welcome. Another record of bond trades has been around for a while at: www.investinginbonds.com
by denismurf
Sun Jun 28, 2009 5:18 pm
Forum: Investing - Theory, News & General
Topic: question for Larry on your bond book
Replies: 14
Views: 3772

To Larry and other contributors to questions about fixed income investments: Hard to find words strong enough to express my gratitude for your willingness to explain yet again questions that SEEM to have already been answered on this forum before. Every time you all use different examples or words, ...
by denismurf
Thu Jun 25, 2009 7:30 pm
Forum: Investing - Theory, News & General
Topic: IRS shoots down new Roth ploy
Replies: 7
Views: 1799

Click on the link and read the article, folks. You don't have to be a tax lawyer to figure out that these people set up a scam to steal money from the US treasury - that is, from the rest of us.

Scumbags like this get zero sympathy from me.
by denismurf
Wed Jun 17, 2009 6:08 pm
Forum: Personal Consumer Issues
Topic: What Book Are YOU Currently Reading? PART II
Replies: 1043
Views: 300364

I'm halfway through a great garage sale pickup: The Metaphysical Club, by Louis Menand. It's an intellectual history of the US roughly from the civil war to just before WWII, structured around short biographies of Oliver Wendell Holmes, William James, Charles Pierce, and John Dewey. Books like this ...
by denismurf
Wed Jun 17, 2009 12:22 am
Forum: Personal Investments
Topic: DINKs in early 30s about to kick it up & TIPS or TBM 1st
Replies: 15
Views: 2960

I get confused just looking at all these different things. If I inherited what you have, I'd consolidate all domestic equities into VG Total Stock Market, all international equities into VG Pacific index, and all bonds into VG TIPS fund and then forget about it all until January next year. But, if y...
by denismurf
Tue Jun 16, 2009 2:26 pm
Forum: Investing - Theory, News & General
Topic: jumping in and out of VIPSX...does not compute.
Replies: 79
Views: 11512

Thank you, Lauren. I'm going to try to get there on individual TIPS before trying to master TIPS funds. Still have 2 questions. When a TIPS bond matures at a time when the net inflation adjustment for the life of the bond is a minus number, does the treasury have to pay you at least (1) the face amo...
by denismurf
Sun Jun 14, 2009 7:14 pm
Forum: Investing - Theory, News & General
Topic: jumping in and out of VIPSX...does not compute.
Replies: 79
Views: 11512

Please define "blue line" (livesoft), "real yield" (Larry), and "SEC yield on Vanguard TIPS fund" (anybody). I admit it. I'm trying to find a good reason to keep TIPS in my mix without resorting to buying individual bonds. If it's as simple as selling the fund now, when...
by denismurf
Sun Jun 14, 2009 2:35 pm
Forum: Personal Consumer Issues
Topic: Underemployed
Replies: 29
Views: 4556

I can tell you from personal experience what NOT to do in this situation. Don't become the team know-it-all by formally proposing well researched ways other people can do their jobs better. Underemployment within a full time job is a common problem in good and bad economic times, particularly in lar...
by denismurf
Sun Jun 14, 2009 2:05 pm
Forum: Investing - Theory, News & General
Topic: jumping in and out of VIPSX...does not compute.
Replies: 79
Views: 11512

Pardon my thick skull, folks. I used to think TIPS was a buy-and-hold proposition as ballast against inflation. Now it seems that's not quite true, because either allocations or valuations can get ot of whack. I'm retired and not withdrawing anything from investments. Allocation is equities - 15%, i...
by denismurf
Thu Jun 11, 2009 3:21 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Mach3?
Replies: 51
Views: 13879

I've been using one Gillette Sensor per week for at least a decade. I get them for just over a dollar each from Razors Direct with no s/h added. Drug store price is about $1.50 each.
by denismurf
Thu Jun 11, 2009 12:14 pm
Forum: Investing - Theory, News & General
Topic: What other investment forums are you frequenting?
Replies: 30
Views: 5016

For me, a forum without politics is like a garden without weeds.

Thank you, weeders.
by denismurf
Wed May 27, 2009 2:21 pm
Forum: Personal Investments
Topic: Energy royalty trusts
Replies: 1
Views: 741

Energy royalty trusts

How do these trusts - such as SJT, MTR, and BPT - fit into an allocation scheme? How does one separate the "good" from the "bad" at a given time?

If you own one or more of them, why?

If you would never own them, why?
by denismurf
Sat May 23, 2009 5:56 pm
Forum: Investing - Theory, News & General
Topic: China
Replies: 23
Views: 4769

I get my dose of China through AAXJ, with .74 ER.
by denismurf
Tue May 19, 2009 8:10 pm
Forum: Investing - Theory, News & General
Topic: Q: On buying individual corp bonds...
Replies: 17
Views: 2785

Zionsdirect offers access to the bonddesk inventory and sells bonds to its retail customers for the bonddesk price plus a $10.95 commission. It's easy to compare what you pay for a bond at Zions with the identical one offered without a commission, but with a markup, at Scottrade. Easy, that is, if y...
by denismurf
Thu May 07, 2009 7:15 pm
Forum: Personal Investments
Topic: buying individual muni bond from Vangarud vs bond firm
Replies: 5
Views: 1705

Zions Direct charges $10.95 per online bond trade, regardless of how many bonds are involved. Also, they do not mark up the bonds they act as broker for. Finally, most of the humans on their bond desk know what they're talking about if you have questions about a particular issue or process. I've bee...
by denismurf
Fri Apr 17, 2009 2:17 pm
Forum: Investing - Theory, News & General
Topic: CNBC worthless as information source
Replies: 50
Views: 10658

I starting turning my TV off during daylight hours a couple of days after my original post. It stays off off until the evening entertainment shows come on. Now I get all my facts from the Financial Times and streaming quotes on Scottrade. I've come to believe that anybody who gets their current affa...
by denismurf
Mon Apr 13, 2009 3:04 pm
Forum: Personal Consumer Issues
Topic: Piracy Linked to Terrorists?
Replies: 63
Views: 8394

CNN

Last night, a CNN "reporter" was interviewing an older guy with some claim to expertise in Somalia. The "reporter" kept trying to get the expert to tie these pirates to Al Qaeda. After several leading questions, the most he could draw from the expert was an acknowledgment that Al...
by denismurf
Sat Apr 04, 2009 6:06 pm
Forum: Forum Issues and Administration
Topic: The Censorship Bar on Bogleheads is Set Pretty Low
Replies: 107
Views: 27743

Here are my 2 thumbs up for the moderators and the principles they follow.
by denismurf
Sat Apr 04, 2009 12:14 pm
Forum: Investing - Theory, News & General
Topic: Are you seeing "sold" signs?
Replies: 29
Views: 5063

A couple of weeks ago, lots of sold signs started appearing on houses and condos on the market forever in Edmonds, a waterfront town just north of Seattle. Same for where one of our kids lives, in the Mapleleaf neighborhood of Seattle proper. Edmonds is home primarily to commuters and retirees. Mapl...
by denismurf
Sat Mar 14, 2009 7:22 pm
Forum: Investing - Theory, News & General
Topic: CNBC worthless as information source
Replies: 50
Views: 10658

CNBC worthless as information source

I generally keep CNBC on as background during the day, just in case something breaks. I never watch Kudlow, Cramer, or that evening show where 5 or 6 people sit around screaming at each other. Last week, though, I suddenly realized that, even though it was daytime and the market was open, there was ...
by denismurf
Wed Feb 18, 2009 3:53 pm
Forum: Personal Investments
Topic: Low ER or big discount?
Replies: 2
Views: 921

Low ER or big discount?

All other things being equal, is it better to buy a utility index fund with a .25% ER at the NAV or a managed, closed end utility fund with a 1.25% ER selling at a 15% discount to NAV? Is there any rule of thumb to compare funds with low ER to those with big discounts and high ER? Probably not, but ...
by denismurf
Sat Oct 25, 2008 1:06 am
Forum: Personal Investments
Topic: Gold
Replies: 6
Views: 1636

Interview

Nothing to add to your summary, snowman, except that he isn't worried about what's going on, whatever that turns out to be.
by denismurf
Fri Oct 24, 2008 3:16 pm
Forum: Personal Investments
Topic: Gold
Replies: 6
Views: 1636

Gold

Today, for the first time in 30 years, I contacted a coin dealer for terms on buying one ounce bullion coins. He said only Krugerrands and maple leafs are available, at $85 over spot, with minimum 6 weeks waiting time. He confirmed that the spread and waiting time and general availability of gold co...
by denismurf
Tue Jun 17, 2008 2:54 pm
Forum: Personal Investments
Topic: Bond-mandatory put
Replies: 14
Views: 7791

Bond-mandatory put

Muni bonds in the secondary market with a mandatory put on a given date usually carry a significantly higher yield-to-maturity than similar bonds that either mature or are prerefunded on that same date. Is there any rational reason for the higher YTM for mandatory puts?
by denismurf
Tue Jun 03, 2008 3:55 pm
Forum: Personal Investments
Topic: Buying individual bonds
Replies: 9
Views: 2585

Or, you can read Larry Swedroe's book about bond investing and then open an account at Zions Direct to buy individual bonds. Zions charges a flat $10.95 commission per transaction instead of marking bond prices up, and their inventory is pretty much what you see at bonddesk. It's not that hard to do...
by denismurf
Fri May 30, 2008 12:29 am
Forum: Investing - Theory, News & General
Topic: Help understanding bonds
Replies: 5
Views: 2053

The most comprehensible to me was Larry Swedroe's book called The Only Bond Book You'll Ever Need or something like that. I tried a couple of others that were highly recommended, but they were just over my head.
by denismurf
Thu Mar 13, 2008 11:07 pm
Forum: Personal Investments
Topic: Good on-line brokerage OTHER than Vanguard?
Replies: 30
Views: 6933

In case it's not clear, TDAm makes its money by marking up the bonds it sells. Zions and VG don't mark them up, but do charge commissions. I assume TDAm does not charge commissions on bond sales. Zions charges a flat $10.95 per bond transaction, regardless of the number of bonds traded. VG is a litt...
by denismurf
Thu Mar 13, 2008 1:50 pm
Forum: Personal Investments
Topic: Good on-line brokerage OTHER than Vanguard?
Replies: 30
Views: 6933

Here are 4 from this morning's Zions inventory, by state, CUSIP, price.

AL 05265TAE5 101.727
CA 072024AH5 105.135
DE 246380SB6 105.553
FL 342815CU9 106.291

Any matches from other brokers? -- Denis
by denismurf
Wed Mar 12, 2008 9:18 pm
Forum: Personal Investments
Topic: Good on-line brokerage OTHER than Vanguard?
Replies: 30
Views: 6933

Sure. I just checked now, and Zions does not show 64966FT79. Here are a couple of more at random from their current inventory:
649902DB6 at 104.585 and
05265TAE6 at 101.730.

Let's check these in the morning. A lot get reset overnight. I'm sure we can come up with plenty of matches. -- Denis
by denismurf
Wed Mar 12, 2008 1:13 pm
Forum: Personal Investments
Topic: Muni bond ratings?
Replies: 0
Views: 713

Muni bond ratings?

Here is some of the information accompanying a muni bond I'm considering buying: underlying rating = A1 long term rating = Aaa credit watch = negative eff. 1/08 My policy for years has been to stick with AA or better. The additional information above just started appearing a couple of months ago and...
by denismurf
Wed Mar 12, 2008 12:57 pm
Forum: Personal Investments
Topic: Good on-line brokerage OTHER than Vanguard?
Replies: 30
Views: 6933

I think you'll find that nobody beats Zionsdirect on point 4 - bond availability, execution, transparency, and commissions. I do all bonds through them and everything else through Scottrade. Caution: For some weird reason, muni bond prices that Zions shows on its "guest" inventory are much...
by denismurf
Fri Feb 22, 2008 2:12 pm
Forum: Personal Investments
Topic: Stagflation - what to do?
Replies: 26
Views: 9081

Stagflation - what to do?

As I recall, the last period of stagflation in the US was early 70's. Were any investment strategies successful under those conditions? -- Denis
by denismurf
Thu Sep 20, 2007 10:01 am
Forum: Personal Investments
Topic: Thinking of holding 5% in a gold ETF. Will somebody please
Replies: 35
Views: 9264

GLD

Rose, do you have a cite for concerns about the accuracy of GLD's gold holdings? This is the first time I've heard about such concerns. Matters because I own a few hundred shares. Re the larger topic, about 2% of my stash is in GLD and ASA. To be perfectly honest, these (plus some TIPS) are my insur...