Search found 3871 matches

by Ged
Fri May 17, 2013 6:59 pm
Forum: Investing - Theory, News & General
Topic: Devil's advocate [Investing for the longterm]
Replies: 14
Views: 1398

Re: Devil's advocate

This has been the case historically, but what is the reasoning for expecting this in the future? The drivers behind long term economic growth are known to be: 1. Technological advances that improve productivity. 2. Population growth. It's quite possible that we will eventually hit limits with both ...
by Ged
Fri May 17, 2013 1:58 pm
Forum: Personal Investments
Topic: IRA to ROTH rollover in retirement
Replies: 5
Views: 1938

IRA to ROTH rollover in retirement

I've read a few messages about this, and I think I understand the principle behind it but I'm interested in some feedback to see if I have it right. The idea is to use after-tax savings in early retirement plus a delay in taking social security payments to get yourself into a lower tax bracket befor...
by Ged
Fri May 17, 2013 12:28 pm
Forum: Investing - Theory, News & General
Topic: Gold
Replies: 78
Views: 6637

Re: Gold

In the 1930s people held gold in safety deposit boxes. Today almost no Americans own gold. If the Govt wanted to confiscate gold they would take GLD, IAU, and other ETF gold not rummage through millions of safety deposit boxes to look for gold. Ah, the myth of the safe deposit box searches. It didn...
by Ged
Fri May 17, 2013 12:16 pm
Forum: Investing - Theory, News & General
Topic: $600M Powerball Jackpot - take cash or annuity?
Replies: 86
Views: 9466

Re: $550M Powerball Jackpot - take cash or annuity?

Iorek wrote:
DouglasDoug wrote:So sad. Majority of people who chase this nonsense do not practice simple investing.
IMO, when the odds of winning are about 1 in 175 million and the cash value is $350 million, it's not clear that it is nonsense to purchase a ticket.
Depends on the odds of being the SOLE winner.
by Ged
Thu May 16, 2013 10:26 pm
Forum: Personal Investments
Topic: Protecting Gains
Replies: 21
Views: 2039

Re: Protecting Gains

OK, so you made some money. Did you make enough to satisfy your goal? House down payment, new shiny whatever, take wife/mistress to Hawaii, pay Vito his vig. If so sell. If not then it's apparent that you want to make some more money. To do that you need to decide if not selling is more likely to ma...
by Ged
Thu May 16, 2013 6:57 pm
Forum: Personal Consumer Issues
Topic: Smartphone with just voice but no data
Replies: 23
Views: 2639

Re: Smartphone with just voice but no data

If you're with AT&T, you should be able to just switch the SIM to a new (unsubsidized) phone. I don't know if or how often they "scan", but they always know what type of phone is being used on the account. I broke my phone and put my old SIM card into a relative's hand-me-down phone and the AT&T we...
by Ged
Thu May 16, 2013 4:50 pm
Forum: Investing - Theory, News & General
Topic: Gold
Replies: 78
Views: 6637

Re: Gold

Have you read the GLD ETF's prospectus? I have, and you could drive an armored truck through the loopholes they have written into it to protect them if the gold turned up missing. As for the US Treasury reserves, when was the last time they were audited? Of course the government would NEVER lie to ...
by Ged
Thu May 16, 2013 4:08 pm
Forum: Investing - Theory, News & General
Topic: Gold
Replies: 78
Views: 6637

Re: Gold

Thanks. I have noticed that there seems to be an irrationally negative tone toward the notion of gold as an investment here, and not just because of my high allocation. The thread on 100% stock allocation seems more reasoned, and that's a pretty extreme choice as well. Possibly because many of us h...
by Ged
Thu May 16, 2013 9:16 am
Forum: Personal Investments
Topic: Another worried bond investor
Replies: 50
Views: 4336

Re: Another worried bond investor

I too an struggling with the rationale for investing ANYTHING in bonds at these levels. I'd like to better understand the mathematical rationale for 80-20 or 60-40 portfolios that people use. In 2013, those don't seem prudent to me. PE10 is 24 right now. That's a pretty good rationale for maintaini...
by Ged
Wed May 15, 2013 9:52 pm
Forum: Personal Investments
Topic: Anothet [Another - Bonds to short term index funds and CDs?]
Replies: 5
Views: 619

Re: Anothet

Now, as for dividend stocks, I recommend you skip it. When companies are in distress, dividends can and do get cut. This happened quite a bit in 2008. I believe that most, if not all, of the advertised success of dividend strategies is explained by the value premium. I have a few carefully selected...
by Ged
Wed May 15, 2013 7:14 pm
Forum: Personal Consumer Issues
Topic: Using full name for email - bad or good idea?
Replies: 37
Views: 37586

Re: Using full name for email - bad or good idea?

I'm switching to Gmail for personal email. My work recently switched to corporate Gmail and I'd prefer to use the same system for work and personal. For personal my full name happens to be available as FirstName.Lastname@gmail.com Good or bad idea? I also plan to retire in a few years and I'll prob...
by Ged
Wed May 15, 2013 9:44 am
Forum: Personal Consumer Issues
Topic: Your biggest work victory?
Replies: 53
Views: 7120

Re: Your biggest work victory?

My biggest work victory was a career change, from Chemical Engineering to Software Engineering. Chem E is an interesting field but the job opportunities are not plentiful because the industry is shrinking. Software engineering is far more dynamic.
by Ged
Wed May 15, 2013 8:02 am
Forum: Personal Investments
Topic: short term investment options question
Replies: 16
Views: 1600

Re: short term investment options question

My rule of thumb is don't put money in stocks that you will need in the next 5 years. First is 6 month emergency fund. The student loan is the high interest loan, it needs to be paid first. It may not be discharged by bankruptcy either which is another reason to get rid of it ASAP. The car loan inte...
by Ged
Tue May 14, 2013 7:29 pm
Forum: Personal Consumer Issues
Topic: I got to thank a WWII Veteran today.
Replies: 30
Views: 2682

Re: I got to thank a WWII Veteran today.

The bravest people I've seen (some from family) are those dealing with terminal illness and yet affirming life. Service in the military is overrated. Lev Terminal illness is hard. But it isn't something people have a choice about. The people who go into military service these days volunteer for it.
by Ged
Tue May 14, 2013 2:45 pm
Forum: Investing - Theory, News & General
Topic: The new profitability factor, US and int'l evidence
Replies: 172
Views: 17900

Re: The new profitability factor, US and int'l evidence

Larry, do you find it disturbing that fourth and fifth factors have now been added to a model that claimed all returns are explained by three factors? Especially when this study covered a period starting in 1998, a time well after the 3 factor model was known? We can always come up with 'pretty sim...
by Ged
Tue May 14, 2013 2:10 pm
Forum: Personal Consumer Issues
Topic: I got to thank a WWII Veteran today.
Replies: 30
Views: 2682

Re: I got to thank a WWII Veteran today.

The Greatest Generation!!!! They saw it all and rose to the challenge every time. Still, I think people underestimate the willingness of other generations to do the same if placed in the same situation. Look at how the city of Boston reacted to the Patriot's Day bombing. http://www.youtube.com/watc...
by Ged
Tue May 14, 2013 12:14 pm
Forum: Investing - Theory, News & General
Topic: How the Rich Play the Market
Replies: 6
Views: 2087

Re: How the Rich Play the Market

It sounds like you have to be uber-rich to get in on the best investment scams and rip-offs. Madoff didn't cater to the mere 1%. You needed to be in the 0.01% for it to be worthwhile for him to rip you. Hedge funds usually charge 2 and 20. You have to be kidding me. This looks like it's going to be ...
by Ged
Tue May 14, 2013 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Notice of valuation from assessor
Replies: 10
Views: 1125

Re: Notice of valuation from assessor

longfella wrote: Our NOV gives an estimated tax for next year - which is where it shows the 25% decline.
Don't look a gift horse in the mouth.

The last time my town did a reassessment my valuation went down 25% and my taxes went up 15%. How nice :twisted: is that.
by Ged
Tue May 14, 2013 12:04 pm
Forum: Investing - Theory, News & General
Topic: Are "alternatives" just sector plays one already owns?
Replies: 4
Views: 470

Re: Are "alternatives" just sector plays one already owns?

Yes, the market weight is nice but by slicing and dicing you can move up/down risk/return curve according to your particular preference which may very according to your situation in life.
by Ged
Mon May 13, 2013 4:50 pm
Forum: Investing - Theory, News & General
Topic: 403b Contract Exchange to Vanguard... repeat!
Replies: 15
Views: 1310

Re: 403b Contract Exchange to Vanguard... repeat!

Well, a lot of these plans will whack you with fees when you withdraw money except under some pretty specific circumstances.
by Ged
Mon May 13, 2013 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity has the best customer service I know of
Replies: 57
Views: 5361

Re: Fidelity has the best customer service I know of

My father had his investments in Fidelity when he passed away. I was the executor of his estate. Fidelity was a big help to me in the process of dealing with the process. Other financial institutions were not close to the level of support I got from Fidelity.