Search found 2229 matches

by linenfort
Thu Nov 15, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund
Replies: 19
Views: 2952

Re: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund

It's on the front page of Vanguard today. Not for me, but maybe someone's interested. Vanguard Global Credit Bond Fund (Admiral™ Shares: VGCAX; Investor Shares: VGCIX) gives you unique access to the global credit market, which includes both U.S. and international investments. The fund will be manage...
by linenfort
Fri Nov 09, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Old Investment Articles & Interviews
Replies: 11
Views: 1098

Re: Old Investment Articles & Interviews

Does anyone save old articles? I sure do! Thanks to digitization, we don't have to have piles of newspaper clippings, some valuable, most not, lying around and causing marital discord. - I love that I can save as many articles as I want on hard drives and in Google Drive, and no extra physical spac...
by linenfort
Fri Nov 09, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 10676

Re: no dividends in index funds!

I’m not making the argument for dividends, but as I am in the 15% bracket, according to current U.S. tax laws, I pay zero federal tax on dividends . They are all qualified. So, not taxed as ordinary income. Naturally, that can always change. And when your life circumstance changes, you may have eno...
by linenfort
Wed Nov 07, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 10676

Re: no dividends in index funds!

I’m not making the argument for dividends, but as I am in the 15% bracket, according to current U.S. tax laws, I pay zero federal tax on dividends . They are all qualified. So, not taxed as ordinary income. Naturally, that can always change. I don't think that falling in a certain tax bracket makes...
by linenfort
Wed Nov 07, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 10676

Re: no dividends in index funds!

I’m not making the argument for dividends, but as I am in the 15% bracket, according to current U.S. tax laws, I pay zero federal tax on dividends.They are all qualified. So, not taxed as ordinary income.
Naturally, that can always change.
by linenfort
Sun Nov 04, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 48
Views: 4522

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

CMA = Cash Marammmmamah (?) Account? Grocery stores don't code as amusement parks, nor do gas stations code as bordellos, at least where we live. :) There's a website that helps you look up the codes for individual stores. I found it by googling, but I only bothered to look up a few places I was rea...
by linenfort
Sat Nov 03, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Shouldn’t I Diversify My Income Sources?
Replies: 9
Views: 1020

Re: Shouldn’t I Diversify My Income Sources?

Why does healthcare, consumer goods, jet engines, wholesale lending, farming, skyscrapers, luxury watches, and internet advertising all count as just one source of income? Seems to me like it is thousands of sources of income. Heh. I don’t own real estate myself, only stocks, but doesn’t the stock ...
by linenfort
Sat Nov 03, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 48
Views: 4522

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

3% on groceries and 4% on dining out came along (Capital One Savor) Savor is 2% groceries, not 3% - you're better off with the Uber Visa for 4% dining as it has no annual fee. Oh, right. I had that mixed up with a competing card in my wallet. I had the TD Bank card for 2% back on groceries and Savo...
by linenfort
Sat Nov 03, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Extreme credit card debt
Replies: 37
Views: 4953

Re: Extreme credit card debt

I had even more extreme credit card debt than you, with an income that wasn't much larger, and I managed to work it down over the course of several years. It can be done. Bankruptcy would be a cop out in your situation. Interesting. I would love to read more details when you have time and I’m sure ...
by linenfort
Sat Nov 03, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 48
Views: 4522

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

I dump the entire 2% into my Roth IRA. It comes to roughly $500/annually. Pretty good deal. Wow. We don’t spend $25K on all of our cards combined .Almost. I used to use this card for nearly everything, but then 3 % 2% on groceries and 4% on dining out came along (Capital One Savor) + 5% on Amazon (...
by linenfort
Fri Nov 02, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4880
Views: 1306104

Re: What Book Are You Currently Reading? Part VI

China Mieville / Kraken
by linenfort
Fri Nov 02, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 48
Views: 4522

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

Immediately- sounds good!

I guess MF = mutual funds. I would do that, but I'm happy with all my taxable stuff at Vanguard, their service hiccups notwithstanding.

Thanks.
by linenfort
Fri Nov 02, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 48
Views: 4522

Fidelity Visa Rewards - Do you move the cash out of Fido?

Fidelity Visa credit card holders know that part of the deal of receiving the whole 2% cash back entails depositing it into a Fidelity cash account. You don't take it as a check or credit toward the next bill on your statement. You must deposit it. Until now, I've never really thought about what to ...
by linenfort
Fri Nov 02, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?
Replies: 40
Views: 2451

Re: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?

On a consumer level, perhaps Apple isn't as exciting as it once was.
However, the iPhone is becoming to many consumers what cigarettes were in the 1970s. They are going to continue to raise prices without losing customers, and I would think that would be appealing on an investor level.
by linenfort
Fri Nov 02, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?
Replies: 40
Views: 2451

Re: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?

No, Steve. Just buy more Apple shares. I don't think it works that way... You don’t think what works what way? An investment strategy based on trading individual stocks. See the wiki for more info. An investment strategy using low-cost index funds typically works better. Of course, of course. I've ...
by linenfort
Fri Nov 02, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 806
Views: 183657

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

...Mr. Browne... I remember on one of his podcasts someone asking him if lengthening the LTT to 20+ years is preferable. He suggested not as the duration he rec. was around 16. If one had to remove part of their cash allocation (duration of <1 year by def.) it would in effect lengthen the total dur...
by linenfort
Fri Nov 02, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?
Replies: 40
Views: 2451

Re: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?

Ron Scott wrote: Fri Nov 02, 2018 8:15 am
linenfort wrote: Fri Nov 02, 2018 7:38 am No, Steve. Just buy more Apple shares.
I don't think it works that way...
You don’t think what works what way?
by linenfort
Fri Nov 02, 2018 6:54 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 806
Views: 183657

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

...Mr. Browne... I remember on one of his podcasts someone asking him if lengthening the LTT to 20+ years is preferable. He suggested not as the duration he rec. was around 16. If one had to remove part of their cash allocation (duration of <1 year by def.) it would in effect lengthen the total dur...
by linenfort
Fri Oct 26, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 47
Views: 5860

Re: Compounding interest?

There is an effect that I would call compounding that works even with stocks. Although I might not technically be correct. For example, I remember a year where I had a 20% gain in my $250k portfolio. So I "made" $50k, which was just about the same amount I was saving per year. Nice! Fast ...
by linenfort
Fri Oct 26, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 47
Views: 5860

Re: Compounding interest?

Well, as PJW said early on in this thread, the compounding can be negative at times. The article reminds me of something someone told me a long time ago, and I never forgot it. He said, "you've got to get something working for you beside yourself." I don't think I would have worded it quit...
by linenfort
Thu Oct 25, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]
Replies: 54
Views: 6254

Re: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]

Funny, I remember seeing this for Target Retirement 2035, but it was in my Google Sheet, and I just figured the spreadsheet pulled the wrong price. Shrugged and moved on.
by linenfort
Thu Oct 25, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 47
Views: 5860

Re: Compounding interest?

gotester2000 wrote: Thu Oct 25, 2018 10:47 am Compounding magic works only in fixed income instruments like a cd.
I don’t think that’s right. Is that right?
There’s definitely compounding going on in stock index funds, over time.
Just not compound interest.
by linenfort
Thu Oct 25, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 47
Views: 5860

Re: Compounding interest?

Here is a neat article that describes saving and compounding, especially saving that first $100,000 :happy Charlie Munger: The First $100,000 is a b*tch I like the article. Only some of my holdings continue to raise their dividends by that much (7%), while many of them stalled and a few went bust. ...
by linenfort
Wed Oct 24, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Cat's dental work costs
Replies: 31
Views: 2726

Re: Cat's dental work costs

Special cat food took care of our cat’s gingivitis, but she’s young. $1,000? oof, I hope we never have to put her under for tooth brushing.
by linenfort
Wed Oct 24, 2018 7:33 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 260
Views: 55387

Re: How Do You Like My New 'Doo

Thank you. I remember being very excited about DRIPs when I first heard about them.
by linenfort
Tue Oct 23, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2500
Views: 254752

Re: [What TV Show Have You Recently Watched?]

Tracey Ullman on HBO. (An acquired taste perhaps, but I like her.) I hardly watch anything other than news, so this recommendation means a lot. (Oh, and also the Simpsons, but this should be assumed; so funny and deep and insightful and full of truth you can't find anywhere.) You know that the Simp...
by linenfort
Tue Oct 23, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21208
Views: 2877602

Re: U.S. stocks in freefall

In my view, it continues to cast doubt on how efficient the markets truly are. If the EMH is accurate, then big market swings shouldn't occur in the absence of pertinent new data. But because it's so hard to predict which way the animal spirits will turn next, beating that less than perfectly effic...
by linenfort
Tue Oct 23, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: What is the name for this type of portfolio?
Replies: 4
Views: 877

Re: What is the name for this type of portfolio?

Probably too obvious to be the right answer, but Growth & Income?
by linenfort
Tue Oct 23, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2500
Views: 254752

Re: [What TV Show Have You Recently Watched?]

I'm sure it's come up, but Steve321's avatar reminds me, Wild Wild Country is a really good docu-series on the Rajneesh cult. Netflix.
by linenfort
Tue Oct 23, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 153
Views: 14853

Re: Barron's Making the Case for Gold

Daitokuji wrote: Tue Oct 23, 2018 9:40 am Buffett, et. al. are correct.
You can't just say that and expect anyone to pay attention. It's like vineviz saying that Bogle is incorrect (on US-only versus international). There has to be an argument behind the statement. What are your reasons?
by linenfort
Tue Oct 23, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 260
Views: 55387

Re: How Do You Like My New 'Doo

Just curious: any McDonald's shares?
by linenfort
Tue Oct 23, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 100
Views: 17456

Re: Six stocks make up 98% of S&P 500 gains in 2018

KyleAAA wrote: Tue Oct 23, 2018 11:21 am
linenfort wrote: Wed Jul 11, 2018 4:38 pm Never mind that. What are the six for 2019? ______________________
Probably the same stocks. Buy MANGAF!
If only that were a bit catchier- give me an i-stock so we can have MANGIA.
by linenfort
Mon Oct 22, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 153
Views: 14853

Re: Barron's Making the Case for Gold

The more I think about it, the more I'm coming to the conclusion that gold and silver are universal money perhaps due to civilization's pure pragmatism. They are the 2 substances settled upon as money because there really isn't anything intrinsically superior. A Chemist Explains Why Gold Beat Out L...
by linenfort
Sun Oct 21, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 75203

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I finally understand what dry powder is. It has been argued that one doesn't need dry powder. You set your stock-bond (and/or cash) allocation and stick to it. I agree with that. Don't hold cash to time stocks. Clearly, though, Bogleheads need dry powder to take advantage of these cash-related deals...
by linenfort
Sun Oct 21, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 153
Views: 14853

Re: Barron's Making the Case for Gold

hdas wrote: Mon Oct 08, 2018 3:49 pm Gold can't catch a break.....down 1% when stocks are collapsing, the 'Barbaric Relic' has a lot ground to recover before the momentum guys get interested. H
Barbarous
by linenfort
Sat Oct 20, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Depositing Cash if it was gifted?
Replies: 113
Views: 7710

Re: Depositing Cash if it was gifted?

So far my takeaway from this thread is: (1) Don’t make multiple deposits of less than $10,000 as it looks like (and is) circumventing reporting. (2) Don’t deposit the whole sum either, even though plenty of posters are confident that it is ok to do so. How does a cash business deal with this issue? ...
by linenfort
Sat Oct 20, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Travelers Checks
Replies: 36
Views: 2873

Re: Travelers Checks

sport wrote: Sat Oct 20, 2018 11:13 am Are there places that do not take credit cards?
Large swaths of China, but they’re even harder on travelers cheques. I found out when I went to redeem some, Amex but RMB-denominated. 8% fee.
by linenfort
Sat Oct 20, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2963

Re: Google's Titan Key for 2fa

Account recovered, thank heavens.
I'm still returning the keys. Not perfected yet.
linenfort wrote: Wed Oct 17, 2018 10:26 am Google sent me one of those scary messages that they cannot verify that the account belongs to me.
by linenfort
Thu Oct 18, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Sin as investment strategy
Replies: 26
Views: 3828

Re: Sin as investment strategy

There are some. See the profile of ticker ACT in Yahoo Finance. I remember an older one, I think, but perhaps it was just a suggestion and not a real ETF: had cigarettes, alcohol, casinos and an arms manufacturer (ATK). I've been holding Philip Morris, Diageo, and Big Oil forever. And aerospace- I g...
by linenfort
Wed Oct 17, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 10818

Re: Larry Swedroe: Prepare For The Bear

bearcub wrote: Wed Oct 17, 2018 3:02 pm Zvi Bodie promoted TIPS years ago. I have plenty. Still waiting for that unexspected inflation
Well, there’s your problem. You’re expecting it. :wink:
by linenfort
Wed Oct 17, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 315
Views: 21053

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

I would go as far as saying the 100% U.S. only crowd are stock pickers making bets on a sector. Based on the boglehead philosophy, they're not truly bogleheads. Oh, the irony! Jack Bogle is out of the bogleheads. At least according to some strangers on the internet. As far as international investin...
by linenfort
Wed Oct 17, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2963

Re: Google's Titan Key for 2fa

You're right. Sorry about that. I searched for "bluetooth" and copied the quoted timestamp.
by linenfort
Wed Oct 17, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2963

Re: Google's Titan Key for 2fa

I'm not sure what I am late for. Sorry, I'm not trying to start anything with you. The other post with that timestamp is by me and it does in fact mention the bluetooth key. It is also quoted later in the thread. If you just do a Ctrl+F search for "bluetooth" on this page... I never had a...
by linenfort
Wed Oct 17, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2963

Re: Google's Titan Key for 2fa

Forgot to mention, this may have something to do with updating to IOS 12. Found myself locked out of Google on all browsers on my ipad. Yeah, I'm turning off 2fa for now and returning my key to Google. Maybe I'll go back to a phone for 2fa. The Titan Key comes with a bluetooth version as far as I kn...
by linenfort
Wed Oct 17, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2963

Re: Google's Titan Key for 2fa

Found myself locked out of Google on all browsers on my ipad.
Yeah, I'm turning off 2fa for now and returning my key to Google. Maybe I'll go back to a phone for 2fa.
by linenfort
Sun Oct 14, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: Proton Mail
Replies: 35
Views: 6204

Re: Proton Mail

by linenfort
Sun Oct 14, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Proton Mail
Replies: 35
Views: 6204

Re: Proton Mail

letsgobobby wrote: Thu Jun 28, 2018 12:35 pm Any updates on protonmail?
The final paragraph in the post above yours mentions two login passwords. It’s one now. I got a paid account in late 2017 or early ‘18 and it was just a single password.