Search found 4440 matches

by JoMoney
Mon Aug 12, 2013 9:27 pm
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

I don't think the market is that clueless - if the US really is 'safer' fundamentally, then that is priced in. I think it's interesting that you see risk but no reward. I don't have a strong belief in the Efficient Market Hypothesis. I think it holds some merit, but is not something that can be rel...
by JoMoney
Mon Aug 12, 2013 8:11 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett: How Should the Average Person Invest
Replies: 16
Views: 4115

Re: Warren Buffett: How Should the Average Person Invest

"When I watch LeBron James jump from the free-throw line, rotate 360 degrees in the air, and dunk a basketball, I always say to myself “Now I know how to do that too!” It’s the same feeling I get from watching Warren Buffett invest. I mean, how hard could it be? As far as I can tell, all you d...
by JoMoney
Mon Aug 12, 2013 6:38 pm
Forum: Investing - Theory, News & General
Topic: Clark Howard, the most reasonable financial guru
Replies: 24
Views: 4790

Re: Clark Howard, the most reasonable financial guru

Haha. I once asked a question on the Bogleheads forum about finding a way to speed up podcasts so I could play his glacial show at like 1.5x speed. (I can't find it with the search function...dang.) I think that was actually mentioned on the air, one of his "Clark Stinks" comments was the...
by JoMoney
Mon Aug 12, 2013 7:53 am
Forum: Investing - Help with Personal Investments
Topic: International vs Domestic International Discussion
Replies: 8
Views: 802

Re: International vs Domestic International Discussion

... are we going to be segregated from them (mostly for tax purposes?) like in the case of Apple in Ireland, or do those gains "help" the domestic companies to the extent that it "matters" and should be considered as an International investment in part? If I'm understanding the ...
by JoMoney
Mon Aug 12, 2013 4:55 am
Forum: Investing - Theory, News & General
Topic: Bond Funds? Or put your money under mattress?
Replies: 52
Views: 5045

Re: Bond Funds? Or put your money under mattress?

The Trinity Study, on which many withdrawal strategies are based, covered several decades of periods in which bond returns were very low. Are you sure this time is different? I love seeing that line, either as a question or a statement. We never know Current PE at 18.62 for the past years earnings,...
by JoMoney
Mon Aug 12, 2013 3:57 am
Forum: Investing - Theory, News & General
Topic: Why do all asset allocation sites ignore income?
Replies: 33
Views: 4304

Re: Why do all asset allocation sites ignore income?

I don't think there's anything wrong with dividends. I just don't believe there's any reason to expect dividend stocks will beat non-dividend stocks (or vice versa). Focusing too much on dividends may lead to concentration in a particular sector or style. Only counting dividends as income is leaving...
by JoMoney
Mon Aug 12, 2013 3:17 am
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA when below deduction limit
Replies: 10
Views: 1054

Re: Traditional IRA when below deduction limit

Is there a reason you don't contribute to your 401k beyond the match? You can contribute up to $17,500 to a 401k and receive the same tax benefit you would get from a TIRA, except you don't even need to claim the deduction it just comes out of your paycheck "above the line" and is not coun...
by JoMoney
Mon Aug 12, 2013 1:21 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

It's a bias. There are risks. There are rewards for concentration/focus. I'm not willing to accept them picking individual stocks, apparently I am when it comes to picking countries. Somebody has to be counter the SV/EM tilters for the EMH to work, or to add any premium (if such exists).
by JoMoney
Mon Aug 12, 2013 1:02 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

You say you are worried about Japan and Emerging Markets ... but not the US. It's not that I'm not worried about the US, but my worry won't change it. Adding foreign markets doesn't give me less to worry about. I don't feel the market compensates me for some of the additional fundamental risks that...
by JoMoney
Mon Aug 12, 2013 12:17 am
Forum: Personal Consumer Issues
Topic: Clark Howard - Used cars vs New cars
Replies: 8
Views: 2221

Re: Clark Howard - Used cars vs New cars

30 years seems to be about the point that a car turns "classic" with nostalgic value. I see all these 30+ year old "classic" cars now. 15 years ago they were worthless junky old beaters... go figure.
by JoMoney
Mon Aug 12, 2013 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Comments On Bonds From Fund Managers
Replies: 15
Views: 1424

Re: Comments On Bonds From Fund Managers

"we don't expect returns to match prior years" Expect? They must know. Outside of the default risks, the return on a bond is pretty well defined. The interest rate it's paying, and maybe some gain or loss if you jump out before it matures and interest rates change. I'm having trouble seei...
by JoMoney
Sun Aug 11, 2013 9:51 pm
Forum: Personal Consumer Issues
Topic: WSJ Online - Sunday Edition
Replies: 3
Views: 754

Re: WSJ Online - Sunday Edition

I've never noticed the free Sunday Edition, however I have found that when there's an article that is "subscriber only" you can go to google, do a search with the headline, google will respond with a link to the article, and for whatever reason the link that google provides is usually the ...
by JoMoney
Sun Aug 11, 2013 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Inheritance - [Dual Canadian and US Citizen]
Replies: 12
Views: 1390

Re: Help with Inheritance - [Dual Canadian and US Citizen]

Read anything by John Bogle. If you want to invest, you're really going to have to figure out how willing you are to accept the fluctuations in the stock market for yourself. That will determine how much you keep in cash and cash like investments (such as Bonds and CD's). As to what stock type inves...
by JoMoney
Sun Aug 11, 2013 8:42 pm
Forum: Personal Consumer Issues
Topic: Frugal vs. do it yourself
Replies: 41
Views: 4651

Re: Frugal vs. do it yourself

I always been amused by my friends who pay someone to clean their house and pay someone to mow their yard, so they'll have time to go to the gym, where they pay to exercise. (We also pay to exercise at a gym, but we do our own housework and yard work and just chalk it up to more exercise.) There's ...
by JoMoney
Sun Aug 11, 2013 7:41 pm
Forum: Personal Consumer Issues
Topic: Time for a smart phone
Replies: 38
Views: 4217

Re: Time for a smart phone

I don't anticipate using very much data on my new plan. I would recommend not getting locked into any kind of contract/commitment, or being so assured you won't use the data until you've given it a chance. I've never been a "text-er", and when I first got a smart phone I used a cheap mont...
by JoMoney
Sun Aug 11, 2013 7:26 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds? Or put your money under mattress?
Replies: 52
Views: 5045

Re: Bond Funds? Or put your money under mattress?

In the end, it's all speculation and exchanging some form of risk or reward for some other risk or reward.
When it comes to interest on cash, I'm exchanging a few points of interest for the simplicity of not moving my accounts around.
by JoMoney
Sun Aug 11, 2013 7:19 pm
Forum: Personal Consumer Issues
Topic: Simplify Your Tech Life, Thoreau-Style
Replies: 28
Views: 4824

Re: Simplify Your Tech Life, Thoreau-Style

frugaltype wrote:42

That's the answer. But what is the ultimate question of Life, the Universe, and Everything?
by JoMoney
Sun Aug 11, 2013 7:08 pm
Forum: Personal Consumer Issues
Topic: Mac Book Air issues for college student
Replies: 11
Views: 1326

Re: Mac Book Air issues for college student

I wouldn't be worried about the lack of a password, no one I went to college with used those anyway. Or if they did, they just told all their friends the password anyway. But what I would be concerned with is general dorm shenanigans, especially during the first year. The Mac OS does have a passwor...
by JoMoney
Sun Aug 11, 2013 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: What exactly does "max out the 401k" mean?
Replies: 26
Views: 4580

Re: What exactly does "max out the 401k" mean?

Of all the plans I work with NONE allow for after-tax contributions in a Traditional 401k. I think one of the reasons it's not offered more is that it requires the plan administrator to keep track of the amount that is post-tax and post-tax earnings. On an IRA, the individual is the one who has to ...
by JoMoney
Sun Aug 11, 2013 4:53 pm
Forum: Investing - Theory, News & General
Topic: Clark Howard, the most reasonable financial guru
Replies: 24
Views: 4790

Re: Clark Howard, the most reasonable financial guru

I think he considers his show more about being a consumer advocate, then sort of fell into giving financial advice. It's a great show, and he's not trying to sell anything like most of the financial shows (i.e. Ric Edellman wants to sell you his "services", Bob Brinker wants you to subscri...
by JoMoney
Sat Aug 10, 2013 9:59 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds? Or put your money under mattress?
Replies: 52
Views: 5045

Re: Bond Funds? Or put your money under mattress?

Let me understand something that I am not clear about, with regard to my original question. Even in this very low interest rate environment, and assuming a gradual uptick of interest rates. Let us say we experience another crash. After all we are at one of the highest peaks of all times when lookin...
by JoMoney
Sat Aug 10, 2013 7:56 pm
Forum: Personal Consumer Issues
Topic: Frugal vs. do it yourself
Replies: 41
Views: 4651

Re: Frugal vs. do it yourself

Paying someone else to do yard work is one of the most enjoyable things I spend money on. I hate yard work. I've seen plumbers work replacing water heaters and such, the things a pro can do in an hour would take me all day (and I still may not get it right). I'll fix my own computer, if my car's &qu...
by JoMoney
Sat Aug 10, 2013 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: New to Bogle investing: advice on how to invest large sum
Replies: 21
Views: 3459

Re: New to Bogle investing: advice on how to invest large su

What a combo strategy? Couldn't you do a lump sum now of half or 60% and then hold the remainder in cash to immediately take advantage of a big market drop? Seems reasonable to me. You can have your cake and eat it too. I just hate missing the opportunity to capitalize on a down market due to a lac...
by JoMoney
Sat Aug 10, 2013 5:40 pm
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

.1% more than another bond fund you don't (e.g. Total Bond) do you bypass it without a second thought? I don't. But I can at least see the logic here. No. I don't either. It is a factor, but no the most important. Quality and duration come first. So if 'highest liquidity' were actually your priorit...
by JoMoney
Sat Aug 10, 2013 7:34 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

Perhaps - but you are picking certain factors and ignoring others. An S&P 500 fund is mainly large US growth. If you invested exclusively there, you are neglecting some of the most important factors (small, value) as well as additionally restricting diversification by focusing on a single count...
by JoMoney
Sat Aug 10, 2013 5:26 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

You're right. I've edited my post above. I have a factor based tilt.
by JoMoney
Sat Aug 10, 2013 5:21 am
Forum: Personal Consumer Issues
Topic: Help me to understand time shares
Replies: 61
Views: 8077

Re: Help me to understand time shares

Some people do actually like them. Most of the consumer advocates I read/listen/watch talk about them like a scam. Basically you're buying the use of a condo (usually one week at a time). After you buy it, you then get stuck paying fees/dues/maintenance expenses that are quite often more then what y...
by JoMoney
Sat Aug 10, 2013 4:29 am
Forum: Investing - Help with Personal Investments
Topic: New to Bogle investing: advice on how to invest large sum
Replies: 21
Views: 3459

Re: New to Bogle investing: advice on how to invest large su

Several articles on MarketWatch say a CRASH is coming, in the stock market they say. So perhaps it would be better to keep that money in cash and buy in after the crash at a 20% discount? I'm confident there will eventually be another market dip of at least 20%. I have no idea when it will occur, o...
by JoMoney
Sat Aug 10, 2013 1:26 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

You don't? I thought that was a core part of indexing - we manage our equity volatility in part by diversifying within equity. Otherwise we would just buy a few stocks and let it ride. ... and that's where we diverge. I don't consider volatility the definition of "risk". I diversify, but ...
by JoMoney
Sat Aug 10, 2013 1:19 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

I'm not trying to pick stocks. I'm just trying to point out that my International exposure is enough for me. I don't expect that businesses in other countries are going to be any more profitable than businesses that happen to be domiciled in the U.S. [Edit]: But I will point out that owning internat...
by JoMoney
Sat Aug 10, 2013 1:13 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

Keep in mind that the graph you added is showing return relative to volatility, and those are particularly bad dates for the U.S. just before the early 1970's drop to the 2008 drop. I don't try to manage my equity volatility using other equity. Here's my chart to go with the one you added: http://i4...
by JoMoney
Sat Aug 10, 2013 12:58 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

And if you're comfortable with it, good for you. I'm not a specialist in economics. But I know what goods and services I buy, and where I'm comfortable with my money. Every day I get up, drive by a McDonalds and KFC with the drive-thru packed, fill up my tank at a Exxon-Mobil, Coke or Pepsi being pu...
by JoMoney
Fri Aug 09, 2013 11:25 pm
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

I want emerging markets to grow economically. A lot of these large global corporations (that happen to be domiciled in the U.S.) are poised to earn money outside the U.S. I would expect those areas have the potential to grow faster than their U.S. operations. That doesn't mean I'm comfortable puttin...
by JoMoney
Fri Aug 09, 2013 9:18 pm
Forum: Investing - Theory, News & General
Topic: Yet another (good) paper on dividends
Replies: 12
Views: 1812

Re: Yet another (good) paper on dividends

Looking at that market price adjustment on ex-dividend date reminds of a story, I have a friend who used to work in the finances of a small publicly traded company (the company was never really profitable and went under during the meltdown). The company didn't pay dividends, but we were discussing t...
by JoMoney
Fri Aug 09, 2013 8:38 pm
Forum: Investing - Theory, News & General
Topic: How have stocks fared when CAPE > 24?
Replies: 98
Views: 8724

Re: How have stocks fared when CAPE > 24?

I'm sorry. You weren't arguing that, it's just the "vibe" I suppose I'm getting from this thread. I don't quite get the "women in the workforce" argument either, but the growth it's supposedly going to bring to our economy is something I've been hearing about in other places. I t...
by JoMoney
Fri Aug 09, 2013 7:42 pm
Forum: Investing - Theory, News & General
Topic: How have stocks fared when CAPE > 24?
Replies: 98
Views: 8724

Re: How have stocks fared when CAPE > 24?

Ok Rick, then lets call it what it really is - you are making a Jeremy Siegel-like macro call on higher than average future margins and thus higher trend earnings. Maybe you are right... or not. But "filtering" non-supporting valuation methods and data does not make your viewpoint any mor...
by JoMoney
Fri Aug 09, 2013 5:24 pm
Forum: Investing - Theory, News & General
Topic: Yet another (good) paper on dividends
Replies: 12
Views: 1812

Re: Yet another (good) paper on dividends

A rational explanation of how dividends affect price of a stock is whether the company business model is to pay/increase dividends (ATT) to attract investors which increases share price or reinvest earnings to increase growth (APPL) which attracts another type of investor. Both models are correct f...
by JoMoney
Fri Aug 09, 2013 4:32 pm
Forum: Investing - Theory, News & General
Topic: Yet another (good) paper on dividends
Replies: 12
Views: 1812

Re: Yet another (good) paper on dividends

I continue to swim against the Boglehead current when it comes to dividend stocks. Not only do I specifically look for securities with dividends, but branch out from funds to individual stocks. ...... Diversification is an issue. I cannot achieve the diversification of the SPY or other broad based ...
by JoMoney
Fri Aug 09, 2013 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking 4% withdrawal article thoughts ?
Replies: 37
Views: 3842

Re: Rethinking 4% withdrawal article thoughts ?

I remember older relatives with stocks and physical engraved bonds in their safe deposit box that you clipped the coupon off twice per year. They would bring me and let me do the clipping - very cool! So what did they do with the clipped off coupon - could you deposit those at the bank like a check...
by JoMoney
Fri Aug 09, 2013 2:24 am
Forum: Investing - Help with Personal Investments
Topic: Like Cash ?
Replies: 26
Views: 2681

Re: Like Cash ?

yukon50 wrote:Does anyone know how much cash has lost to inflation since 2008?


$1 in 2008 has the same buying power as $1.08 in 2013
http://www.bls.gov/data/inflation_calculator.htm
by JoMoney
Fri Aug 09, 2013 1:44 am
Forum: Personal Finance (Not Investing)
Topic: House paid in full - tax implications
Replies: 19
Views: 2733

Re: House paid in full - tax implications

Hi, Tried to search for this but can't seem to find the answer to my question. If a house is paid in full, what are the tax implications after it's been paid off? Specifically, I have been told that if you pay off your house then you will get taxed on it as an asset every year. If you rent the hous...
by JoMoney
Fri Aug 09, 2013 1:27 am
Forum: Investing - Theory, News & General
Topic: Help understanding 0 capital gains tax (15% tax Bracket)
Replies: 21
Views: 3228

Re: Help understanding 0 capital gains tax (15% tax Bracket)

...I am planning on being in the 15% tax bracket in retirement but am currently in the 25% bracket. Assuming those things remain true the only benefit a Roth account is giving me is not having to pay taxes on dividends. Keep in mind you're also "assuming" that tax law stays the same. Capi...
by JoMoney
Fri Aug 09, 2013 12:33 am
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Reviews?
Replies: 31
Views: 15361

Re: TD Ameritrade Reviews?

I used to trade with a broker that offered free stock trades, I forget the name, but it was bought by Ameritrade. At that point, I closed the account. Then TD Waterhouse bought/merged with Ameritrade. Ever since I've been getting emails trying to get me to "update" certain options and deta...
by JoMoney
Thu Aug 08, 2013 11:56 pm
Forum: Investing - Theory, News & General
Topic: How have stocks fared when CAPE > 24?
Replies: 98
Views: 8724

Re: How have stocks fared when CAPE > 24?

I'm trying to figure out what is supposed to be derived about earnings from that graph. What gives "profit margin" any special meaning, especially when viewing at the whole market level? Are we comparing U.S. profit margins to some other country? If "profit margin" is cut in half...
by JoMoney
Thu Aug 08, 2013 9:30 pm
Forum: Investing - Theory, News & General
Topic: Next step: the no-index index fund
Replies: 38
Views: 4423

Re: Next step: the no-index index fund

I am going to create the Bertrand Russel index. Defined as - The index of all stocks that are not in any index. Pretty self evident then as to what the index contains Hm. If we count an index as a special form of stock, then... Does it include itself? Yes. No. Yes. No. Yes. No. You don't have to co...
by JoMoney
Thu Aug 08, 2013 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking 4% withdrawal article thoughts ?
Replies: 37
Views: 3842

Re: Rethinking 4% withdrawal article thoughts ?

I think it's interesting that the IRS RMD method of withdrawal from an IRA would put a 30 year old around 2%, a 50 year old around 3%, and a 60 year old around 4%
The years beyond that start growing aggressively, but you're pretty much guaranteed there will be something remaining when you pass.
by JoMoney
Thu Aug 08, 2013 3:49 pm
Forum: Investing - Theory, News & General
Topic: Next step: the no-index index fund
Replies: 38
Views: 4423

Re: Next step: the no-index index fund

Following our proprietary Catch-22 Index fund, we guarantee you will meet or beat the index 100% of the time :D
by JoMoney
Thu Aug 08, 2013 3:42 pm
Forum: Investing - Theory, News & General
Topic: Yet another (good) paper on dividends
Replies: 12
Views: 1812

Re: Yet another (good) paper on dividends

To me, it looks like sales material. S&P wants people to buy funds that pay their licensing fees, so they come up with sales material. I'm sure the brochures for all of their different sector or style based "indexes" look equally compelling and explain all the benefits of that particul...
by JoMoney
Thu Aug 08, 2013 3:02 pm
Forum: Investing - Theory, News & General
Topic: POLL: Why do you slice and dice your portfolio?
Replies: 30
Views: 3489

Re: POLL: Why do you slice and dice your portfolio?

Is REIT considered a sector or an alternative? It's interesting how REIT funds are usually listed under "Sector Funds" , but on a break down of what sectors are in a fund they lump it in with "Financials" sector.... On Vanguards web page they list the REIT index in with the regu...
by JoMoney
Thu Aug 08, 2013 6:15 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 13985

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

Wow, everyone here acts like robots. Well, I'm nervous. US stocks have had one heck of a run up and Shiller CAPE is >24. Returns going forward on US stocks may not be as high as they were for a while. Now, although I am nervous about US, this doesn't mean I will change my allocations or do anything...