Search found 117 matches

by BYUvol
Fri Jul 13, 2012 10:11 am
Forum: Personal Investments
Topic: Vanguard Rep asked security question
Replies: 70
Views: 11650

Re: Vanguard Rep asked security question

He called me to discuss my account. The reason he called was because he is my new account representative, he said. He wanted to introduce himself and just wanted to know if I had any questions. He gave me some information regarding what was available to me at Vanguard, etc. I did have second though...
by BYUvol
Thu Jul 12, 2012 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Is elementary private school education worth the price?
Replies: 104
Views: 10271

Re: Elementary private school education a scam??

My sister has paid a pretty penny to have her daughter educated at a Montessori school, but it is probably worth the added cost. My niece is, high-energy, and would likely not conform well to expected behavior in public schools (sitting at a desk for 30-45 minutes at a time).
by BYUvol
Thu Jul 12, 2012 12:25 pm
Forum: Investing - Theory, News & General
Topic: Top Ten Mutual Funds
Replies: 9
Views: 3182

Re: Top Ten Mutual Funds

Looks more like you should buy ones in the bottom 20%. Brian If you notice, these are mainly sector bets. The sectors performed poorly in the past, which increased their future expected returns. I would not recommend buying a bio-tech fund that is currently in the bottom 20%, as that COULD be an in...
by BYUvol
Thu Jul 12, 2012 12:21 pm
Forum: Personal Consumer Issues
Topic: Any bogleheads have a franchise?
Replies: 18
Views: 3803

Re: Any bogleheads have a franchise?

What happens if you own a franchise and the parent company goes under? It depends on the franchise, but of the instances I personally know of, franchisees are still allowed to operate under the name, they just no longer pay royalties, and have to procure their own ingredients. The one I specificall...
by BYUvol
Thu Jul 12, 2012 12:10 pm
Forum: Investing - Theory, News & General
Topic: 3rd California city in 2 weeks files for bankruptcy
Replies: 60
Views: 6541

Re: 3rd California city in 2 weeks files for bankruptcy

Bogleheads: I read this on CNBC News this morning: San Bernardino becomes 3rd Calif. city in 2 weeks to file for bankruptcy protection It is dangerous to own a portfolio with a large percentage in single-state bonds. Best wishes. Taylor IMHO, I think this thread borders on the politics side... Pote...
by BYUvol
Tue Jul 10, 2012 11:09 am
Forum: Personal Consumer Issues
Topic: Heat Pump Replacement
Replies: 12
Views: 3531

Re: Heat Pump Replacement

Ouch, when we rented we had the fan on the AC unit seize up in the middle of July, so I know how much it stinks. The heating and air folks I trust sell only Lennox and Carrier, for whatever its worth. I was actually going to buy a energy efficient system, and the sales person talked me out of it. He...
by BYUvol
Fri Jul 06, 2012 4:31 pm
Forum: Investing - Theory, News & General
Topic: Investment Grade versus Treasury
Replies: 24
Views: 2526

Re: Investment Grade versus Treasury

Investment Grade seems less volatile thatn Treasury recently. I "believe" its because creditor risk shields you somewhat from interest rate risk. In theory, the US treasury has no creditor risk, so its notes will fluctuate due to people flooding in and out depending on systematic risks. C...
by BYUvol
Thu Jul 05, 2012 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Randomness
Replies: 43
Views: 4384

Re: Randomness

Its part of human behavior across cultures to tend to blame other people's shortcomings on their choices (internal locus of control), and blame one's own shortcomings on outside actors (external locus of control).

Its a bias I actively monitor to avoid being hypocritical.
by BYUvol
Thu Jul 05, 2012 2:21 pm
Forum: Personal Consumer Issues
Topic: Best Setup for Dual 24" iMacs
Replies: 5
Views: 643

Re: Best Setup for Dual 24" iMacs

Set up Dual Monitors - Install AirDisplay. That'll give me 48" of screen space when needed Another option, if you have a spare firewire/DisplayPort (depending on the model year) cord is to connect them directly and boot one in "Target Display Mode", if you don't want to install softw...
by BYUvol
Thu Jul 05, 2012 2:11 pm
Forum: Personal Consumer Issues
Topic: Best Setup for Dual 24" iMacs
Replies: 5
Views: 643

Re: Best Setup for Dual 24" iMacs

One Keyboard to control both - I have an Apple bluetooth keyboard and mouse and would like to use it to control both computers. I'm not sure if this is possible though especially if I'm running Bootcamp. Would I need to turn off Bluetooth on one computer, for the device to connect to the other? Is ...
by BYUvol
Mon Jul 02, 2012 10:08 am
Forum: Investing - Theory, News & General
Topic: Old School Debate: Putting 100% in index funds is foolish
Replies: 26
Views: 3032

Re: Old School Debate: Putting 100% in index funds is foolis

What was the expense ratio and turnover rate in 2007? Edit: Currently ER = 1.77%, deferred sales charge = 0.95%, and turnover rate = 47%. Based on those numbers, I probably would not invest in it. Although, if I was tempted, due to the excellent past performance, I would not put more than 5% of my ...
by BYUvol
Fri Jun 29, 2012 11:08 am
Forum: Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 54137

Re: Today was a Really Bad Day

Does anyone do anything on a Really Good Day (RGD)? Seems like what's good for the goose is good for the gandor.

If I have a foreign fund in my 401k with significant European holdings, would today be a good day to rebalance, since the Euro Stoxx 50 is up over 4%?
by BYUvol
Wed Jun 20, 2012 10:25 am
Forum: Investing - Theory, News & General
Topic: Forbes Article on '6 Reasons Why I Don't Invest In The U.S.'
Replies: 12
Views: 1762

Re: Forbes Article on '6 Reasons Why I Don't Invest In The U

This is knowledge is already priced into the equity market. The only case where it isn't adequately priced is if expectations differ from what actually occurs in the future... but that could work either for or against the market. *edit* So the only way to make any money off this without inside, priv...
by BYUvol
Sat Jun 02, 2012 12:26 am
Forum: Investing - Theory, News & General
Topic: Ally vs ING...
Replies: 7
Views: 3199

Re: Ally vs ING...

Thoughts? Which is better? I like present participles more than adverbs, so ing wins out over ly. Seriously though, in regards to what, as a company to invest in? For their savings accounts, CDs, user interface? One thing to note is that ING's US assets were recently sold to Capital One, so whateve...
by BYUvol
Thu May 31, 2012 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: auto accident followup
Replies: 6
Views: 953

Re: auto accident followup

Additionally, isn't there a "diminished value"? Even if repairs appear ok, the car was in excellent condition and low mileage (30K) and probably worth less to sell or trade post accident (no previous damages). How determine a "fair" amount for this? Yes, there is a diminished va...
by BYUvol
Tue May 29, 2012 10:58 pm
Forum: Personal Consumer Issues
Topic: Justifying a new car purchase
Replies: 18
Views: 2961

Re: Justifying a new car purchase

vurberel wrote:I save between $8,000 and $10,000 a month.
It will take you 3 months to save up for it... that's the blink of an eye over the course of a lifetime.

I would save for 3 months and buy when the new model year comes out.
by BYUvol
Tue May 29, 2012 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should I stay or should I go?
Replies: 37
Views: 4108

Re: Should I stay or should I go?

I've found that whenever I do the right thing with my money-usually in the form of giving an amount I can afford that I feel good about to something I believe in without any expectation of reward-it always comes back to me somehow. Almost as if by opening my hand to give, it allowed money to flow i...
by BYUvol
Tue May 29, 2012 4:41 pm
Forum: Personal Consumer Issues
Topic: Putting a mattress directly on the floor
Replies: 25
Views: 69422

Re: Putting a mattress directly on the floor

I did this for 4 years (Costco brand memory foam though) without harming the mattress in anyway. I did notice I got more spider bites (2 a week or so, vs once a year now) when it was on the floor. The biggest problem was the in-laws thinking I was trying to play Tarzan and asked when we were getting...
by BYUvol
Tue May 29, 2012 2:56 pm
Forum: Investing - Theory, News & General
Topic: Seven Most Important Equations--Milevsky
Replies: 13
Views: 2498

Re: Seven Most Important Equations--Milevsky

Siegel says that for stocks, the dispersion of CAGR decreases faster than the square root of the holding period, and, therefore, stocks show systematic reversion to the mean. If this is correct, and stocks do in fact show consistent, predictable reversion to the mean, wouldn't that imply that the r...
by BYUvol
Sun May 27, 2012 11:59 am
Forum: Investing - Theory, News & General
Topic: Is Europe the new Japan?
Replies: 37
Views: 3100

Re: Is Europe the new Japan?

Japan's economy is not equal to Japan's stock market. An index investor cares only about the stock market. Even if their economy has grown the Japanese stock market hasn't so much. I tend to disagree. At its most basic level, stock ownership represents a claim on a companies profits. Continuing tha...
by BYUvol
Sun May 27, 2012 10:27 am
Forum: Investing - Theory, News & General
Topic: Is Europe the new Japan?
Replies: 37
Views: 3100

Re: Is Europe the new Japan?

Japan's economy is not equal to Japan's stock market. An index investor cares only about the stock market. Even if their economy has grown the Japanese stock market hasn't so much. I tend to disagree. At its most basic level, stock ownership represents a claim on a companies profits. Continuing tha...
by BYUvol
Thu May 24, 2012 11:02 pm
Forum: Investing - Theory, News & General
Topic: Jim cramer's Bear Sterns Call= The further case for indexing
Replies: 6
Views: 1535

Re: Jim cramer's Bear Sterns Call= The further case for inde

http://www.youtube.com/watch?v=o3FVBKic5Ek lol! Mr. Bogle's followers have never been subject to such blasphemy! Jon Stewart grilled him pretty hard over this on the Daily Show and got him to admit that he has profited from "information" he dispensed in his show, and said that's how the b...
by BYUvol
Thu May 24, 2012 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: best place to get credit score?
Replies: 12
Views: 2583

Re: best place to get credit score?

When a bank pulls your credit for a mortgage approval it is considered a soft pull which does not affect your score. If you actually get the mortgage then it would hit your credit of course. http://www.lendingtree.com/credit-resources/advice/credit-reports/soft-pull-vs-hard-pull/ Not always true, I...
by BYUvol
Thu May 24, 2012 4:14 pm
Forum: Investing - Theory, News & General
Topic: FHA Loans for first timers
Replies: 4
Views: 1715

Re: FHA Loans for first timers

I was asking more from the perspective of buying an entire condo building, not just one unit. Could you buy, for example, a duplex or quad-plex house, and as long as you live in one of the units still get approved for an FHA loan? FHA regulations regarding multi-family dwellings and condo buildings...
by BYUvol
Tue May 22, 2012 4:11 pm
Forum: Investing - Theory, News & General
Topic: Facebook and efficient market
Replies: 39
Views: 3280

Re: Facebook and efficient market

I am more bullish on technology than I am on the advertising industry, and Facebook is not so much a "Tech" company as it is a technologically savvy company in the advertising industry. I have heard a similar argument with Amazon, that they are a retail company in tech's clothing. I don't...
by BYUvol
Mon May 21, 2012 11:04 am
Forum: Personal Consumer Issues
Topic: Internet security via Surfeasy Clark Howard recommends!
Replies: 9
Views: 2192

Re: Internet security via Surfeasy Clark Howard recommends!

I would avoid all such products and websites like the plague. If I ever meet this Clark H. character, I will be sure to plug my ears with wax. -- Tet It's just a web proxy, nothing inherently dangerous about it. I use them for work all the time. The curious thing is that I usually think of using a ...
by BYUvol
Thu May 17, 2012 7:47 pm
Forum: Investing - Theory, News & General
Topic: Huge mortgage! Why do I feel secure about our future?
Replies: 60
Views: 6801

Re: Huge mortgage! Why do I feel secure about our future?

If you understand the risks and potential hazards and are comfortable with it, than great for you! I have a good friend at work that I tried to talk out of buying a big house (payments are 60% of his salary), but him and his wife are extremely frugal people (no smartphones, no tv, no internet, 1 sha...
by BYUvol
Tue May 15, 2012 5:00 pm
Forum: Investing - Theory, News & General
Topic: Be Wary of Fast Growing Companies
Replies: 13
Views: 1287

Re: Be Wary of Fast Growing Companies

So much for the "Final, Definitive Value Thread".
by BYUvol
Tue May 15, 2012 3:35 pm
Forum: Personal Consumer Issues
Topic: Richmond for a day and a half
Replies: 8
Views: 930

Re: Richmond for a day and a half

If you are up for a little travel outside Richmond, the kids would love to see Colonial Williamsburg. It's just under an hour drive from Richmond, and was my favorite thing to do aside from Busch Gardens/ Kings Dominion when I lived in Virginia as a young lad. I lived all over the country growing up...
by BYUvol
Fri May 11, 2012 12:35 pm
Forum: Investing - Theory, News & General
Topic: NYS 529 Direct Plan - Now the Cheapest!
Replies: 14
Views: 2080

Re: NYS 529 Direct Plan - Now the Cheapest!

We're expecting our first in November, so I'm exploring options. As Utah residents, we can get a $178 state income tax savings each year we contribute $3,560, and our maintenance fee is waived. I expect that probably rules out the economic advantages of the NY plan, since the minimum deposit is negl...
by BYUvol
Fri May 11, 2012 12:15 pm
Forum: Investing - Theory, News & General
Topic: NYS 529 Direct Plan - Now the Cheapest!
Replies: 14
Views: 2080

Re: NYS 529 Direct Plan - Now the Cheapest!

GRT2BOUTDOORS wrote:The NYS 529 Direct sold plan is now the nations cheapest savings plan - new fees of 0.17% down from 0.25% as of Monday. Let's see UTAH top this.
Is there a fund minimum in NY? For Utah, it is $0, which is a benefit to those just starting out.
by BYUvol
Fri May 11, 2012 11:48 am
Forum: Investing - Theory, News & General
Topic: Great Time to Read Misbehavior of Markets by Maldebrot
Replies: 24
Views: 3229

Re: Great Time to Read Misbehavior of Markets by Maldebrot

In a practical sense, I think this means that more diversification is warranted. I would also like to learn more to create better stress tests. I am really interested in pursuing this further. In the meantime, I am following a fairly aggressive portfolio strategy of indexes, recommended in Random W...
by BYUvol
Thu May 10, 2012 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Is Bank of America tricking me on foreclosure purchase?
Replies: 70
Views: 4720

Re: Is Bank of America tricking me on foreclosure purchase?

They used Game Theory against you and won. Personally I would walk away with the determination to not fall in love with any other houses, and try to find the best functional value for my money. I ended up buying a foreclosure, and at the recommendation of a family member who works at a bank, waited ...
by BYUvol
Tue May 08, 2012 5:58 pm
Forum: Investing - Theory, News & General
Topic: Low-cost funds dupe investors
Replies: 20
Views: 2389

Re: Low-cost funds dupe investors

Figure 2 shows... I don't even see a figure 2, its almost like my adblocking software is blocking it. I enjoy a well-formed opinion of those who support active management, but this whole article feels like one big dangling modifier, without any actionable recommendations. This reminds me of when I ...
by BYUvol
Tue May 08, 2012 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest online broker
Replies: 11
Views: 1291

Re: Cheapest online broker

Stay away from Interactive brokers, you need to seek their approval to cancel the account! Can you explain this? If for example, I have an account with TDAmeritrade, I have to get their permission to cancel it? I never had that issue when I got rid of my Fidelity Account a few years ago. "Inte...
by BYUvol
Tue May 08, 2012 2:53 pm
Forum: Investing - Theory, News & General
Topic: Buffett: "I would totally avoid buying [bonds]."
Replies: 40
Views: 6095

Re: Buffett: "I would totally avoid buying [bonds]."

Bucksfan, what do you know that the bond market doesn't? What does the bond market know? The possibility of Japan-style, long-term deflation or that interest rates stay near zero for a decade. I personally think bonds are a poor value now, but I continue to accumulate a small amount to hedge agains...
by BYUvol
Mon May 07, 2012 11:59 am
Forum: Investing - Theory, News & General
Topic: Alternatives to Long Term Care Insurance
Replies: 21
Views: 2995

Re: Alternatives to Long Term Care Insurance

Think of it this way. How many people have you known well enough to have ever exchanged greeting cards with who have had to replace a house destroyed by fire, hurricane, or earthquake? How many have you known who have been in nursing homes for longer than a couple of months? In my case, the numbers...
by BYUvol
Sun May 06, 2012 4:43 pm
Forum: Personal Consumer Issues
Topic: Sherlock - BBC series on Holmes set in 21st Century
Replies: 67
Views: 6938

Re: Sherlock - BBC series on Holmes set in 21st Century

My wife and I thought the series was brilliant, but in particular "The Final Problem." We rewatched it, then watched the final 20 minutes in slow-motion, we are pretty confident we know how they will explain it when the new season starts. I found it quite coincidental that in both the orig...
by BYUvol
Fri May 04, 2012 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: What are the chances I could get a $1,200,000 loan?
Replies: 31
Views: 4025

Re: What are the chances I could get a $1,200,000 loan?

So here’s some background: Found a single floor of 4000sq ft. in a building in my city that is currently for sale. The floor currently has business offices, but I would like to turn the floor in to 5 apartment buildings, 2BR each. I believe I could rent them out for $2,350 , all utilities except el...
by BYUvol
Fri May 04, 2012 12:35 pm
Forum: Investing - Theory, News & General
Topic: Gold is ready to fall
Replies: 157
Views: 13860

Re: Gold is ready to fall

aac74 wrote: 650 year graph of silver prices and silver/gold ratio from 1344 to 2004:

http://www.marketoracle.co.uk/images/20 ... age002.jpg
I find it extremely difficult to trust anything coming from a name like "Market Oracle". Beware the prophet seeking profit.
by BYUvol
Thu May 03, 2012 12:32 pm
Forum: Investing - Theory, News & General
Topic: "Noise" Theory
Replies: 15
Views: 1586

Re: "Noise" Theory

Betting against companies that advertise in the Super Bowl is akin to "Sell in May and walk away" in my book; it will probably work some years and not others. That said, academic research does appear to confirm some real benefits to Super Bowl advertising. Perhaps the most interesting stud...
by BYUvol
Thu May 03, 2012 12:23 pm
Forum: Personal Consumer Issues
Topic: weep holes and yellowjackets
Replies: 22
Views: 13088

Re: weep holes and yellowjackets

I am unafraid of yellow jackets in onesies and twosies. When they fly onto my food at the picnic table, I play with them. For instance, did you know that if you move a silver spoon or hand towards a yellow jacket that it will buzz away, but that if you take a leaf of grass or other plant that you c...
by BYUvol
Wed Apr 25, 2012 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer of property to spouse
Replies: 14
Views: 1697

Re: Transfer of property to spouse

Possibly a Quit-claim Deed filed with the county recorder would accomplish the desired result.

http://en.wikipedia.org/wiki/Quitclaim_deed

I have never seen this done between married spouses though.
by BYUvol
Wed Apr 25, 2012 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Shiller: No housing recovery for a generation
Replies: 80
Views: 8319

Re: Shiller: No housing recovery for a generation

The headline says " Maybe No Housing Rebound for a Generation: Shiller." Shiller is quoted as saying "we might not see a really major turnaround in our lifetimes." It's not a prediction, it's a caution that the possibility shouldn't be excluded. Our financial planning should not...
by BYUvol
Wed Apr 25, 2012 2:20 pm
Forum: Investing - Theory, News & General
Topic: Biggest draw-down of Total Stock Market dividends?
Replies: 10
Views: 1205

Re: Biggest draw-down of Total Stock Market dividends?

Both of the data sets above are providing an incorrect answer. The first one, as noted, includes cap gains. The 2nd is actually calling the growth of dividend yield since the tech bubble a reduction in dividends paid, which makes no sense. One nice dataset for your question is actually the Schiller...
by BYUvol
Wed Apr 25, 2012 9:58 am
Forum: Personal Consumer Issues
Topic: Best Finance Magazines?
Replies: 20
Views: 3211

Re: Best Finance Magazines?

Thank you for the suggestions everyone, very helpful.

I ordered 52 issues of The Economist. I'm hoping it will provide some differing perspectives, as I'm almost through with the Boglehead's indoctrination.
by BYUvol
Tue Apr 24, 2012 8:38 pm
Forum: Personal Consumer Issues
Topic: Best Finance Magazines?
Replies: 20
Views: 3211

Re: Best Finance Magazines?

I don't think Delta miles expire: http://www.delta.com/skymiles/about_skymiles/membership_guide_program/skymiles_rules/index.jsp Account Deletion and Mileage Expiration Under the SkyMiles Mileage Expiration policy, miles do not expire. Delta reserves the right to de-activate or close an account und...
by BYUvol
Tue Apr 24, 2012 7:55 pm
Forum: Personal Consumer Issues
Topic: Best Finance Magazines?
Replies: 20
Views: 3211

Best Finance Magazines?

I only fly once a year or so and have a few frequent flyer miles (5,900; not nearly enough for a flight) from Delta that are about to expire. Delta sent me an ad to convert them to free magazine subscriptions at magsformiles.com, which seems like a good deal since I don't have to fork over credit ca...
by BYUvol
Mon Apr 23, 2012 11:34 am
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 34
Views: 4239

Re: The Two Fund Portfolio

If you were going to retire in, say, 2042 then a more sensible Two Fund Portfolio would be 60% Vanguard Target Retirement Fund 2040 and 40% Vanguard Target Retirement Fund 2045. I personally don't think that approach makes sense. Look at the glide-paths of each fund, the only difference is that the...
by BYUvol
Tue Apr 17, 2012 2:22 pm
Forum: Investing - Theory, News & General
Topic: If You Had to Give Up One Investment, What Would it Be?
Replies: 52
Views: 4078

Re: If You Had to Give Up One Investment, What Would it Be?

I think this thread provides an interesting argument against Slice and Dice for those of us with low will power. I can stomach 50% loses in a TSM index, but if one asset class was down 50%, I would be sorely tempted to go against all reason and ditch it at the worst possible time. I don't have any c...