Search found 4424 matches

by JoMoney
Thu Nov 23, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 72
Views: 4776

Re: Best Basic DESKTOP?

This thread is an eye opener as I also will need to buy another desktop soon. So, I believe I read above that the new desktops do not have CD or DVD drives (is that correct??), to backup data you save either to an external drive connected to your desktop (I assume if you want the data totally priva...
by JoMoney
Thu Nov 23, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 72
Views: 4776

Re: Best Basic DESKTOP?

That’s helpful. Thank you! I have a Google Drive with extra storage, mostly used for photos. Can buy more as needed for other docs. I see now that I can upload those Excel and Word docs to Google Drive and access them through MS Office cloud. I currently use an iPad with a keyboard. If I’m just goi...
by JoMoney
Thu Nov 23, 2017 2:06 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 72
Views: 4776

Re: Best Basic DESKTOP?

...People say get a Chromebook. Well, I still use Word and Excel, and that would mean having to migrate all those files (hundreds of them) to the cloud. Isn’t that going to be a lot of work? Google Office can open MS Word and Excel files, if you want to edit them you will likely have to choose to '...
by JoMoney
Wed Nov 22, 2017 3:17 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's Future Growth Projection
Replies: 15
Views: 1789

Re: Jack Bogle's Future Growth Projection

Mr. Bogle is almost always doing a 10 year forecast, if he didn't specify that, I would wager that's what he's looking at. The past 20 years have had some pretty high highs and pretty low lows, If you're fuzzy with the start and stop dates a bit, you can find a period that would match whatever 10 ye...
by JoMoney
Wed Nov 22, 2017 3:38 am
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 5263

Re: Advice to become wealthy

How to become wealthy? Save more than you spend. Earn more. How you earn your money is another matter, but it's not likely to be coming from excess gains in shrewd day-trading or other securities trading . I would suggest focusing on your career and income there. Maybe some other ideas here: https:/...
by JoMoney
Wed Nov 22, 2017 2:12 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 72
Views: 4776

Re: Best Basic DESKTOP?

I love Chromebooks (or a Chrome-box if you don't want portability) They're great for "email, internet surfing, watching some videos, and storing pictures/videos" ... they're also good for some types of limited gaming and downloading movies too. You might have to learn some new tricks though if you'r...
by JoMoney
Mon Nov 20, 2017 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing at the top
Replies: 19
Views: 1440

Re: Investing at the top

Invest(that word indicates at bare minimum 10 years) at the top ,bottom,middle,whatever. Put the compounding machine to work for you ASAP. Do yourself a favor and ignore the daily numbers :-) +1 Would this equate to having 10 years in bonds, and rest in stocks? No matter what the resulting asset al...
by JoMoney
Mon Nov 20, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investing at the top
Replies: 19
Views: 1440

Re: Investing at the top

Let's say that we KNEW for certainty that the market was going to crash 18 months from now. Would it still be better to invest in the market now or hold until the crash? Is there a time frame where it flips. Obviously if you invested today and tomorrow it crashed, you just lost out, but at what poi...
by JoMoney
Sun Nov 19, 2017 4:24 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 3718

Re: Why I am not happy even with OK Net Asset

Plenty of broke happy people, so happiness isn't about money. Having money brings new things to worry about, but I have to admit it's better than worrying about how you're going to pay the rent (although I know people with no money who don't 'worry' about that either and somehow manage). You didn't ...
by JoMoney
Sat Nov 18, 2017 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2889

Re: What we don't know

http://johncbogle.com/speeches/JCB_NE_Pension_4-00.pdf Four Key Elements of Investing: Reward, Risk, Time, and Cost ...for all of the projections and assumptions we make (and almost take for granted), there is one element of investing we cannot control: Reward. For future stock market returns are c...
by JoMoney
Sat Nov 18, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3611

Re: WSJ commentary about declining # of publicly traded companies

OP, Thanks for the article reference; I found it interesting. I do think the article is a bit self-serving, however, since the conclusion (by the author who happens to run a private equity firm) is that investors should seek out private equity investments in order to benefit from the growth of thes...
by JoMoney
Fri Nov 17, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3391

Re: Current precarious equity environment for a retiree

Market prices are supply and demand. You don't necessarily need a lot of new money to push prices up after a big fall, but you do need people who want to buy and hold a business (not just flip stocks in the market), and that are able to sit and wait for a price that looks reasonable to them (not ove...
by JoMoney
Fri Nov 17, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: Renting a car from Atlanta GA to Austin TX: $$$
Replies: 33
Views: 1699

Re: Renting a car from Atlanta GA to Austin TX: $$$

You might be heading the wrong direction for a cheap rental this time of year.

http://clark.com/travel/how-to-get-a-5-car-rental/
by JoMoney
Wed Nov 15, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: When is the best time to buy...........
Replies: 4
Views: 648

Re: When is the best time to buy...........

Around Thanksgiving and week following Christmas.
With some brands, and I think Boss is one of these, paying a high price is part of their branding and you're less likely to find them on sale.
by JoMoney
Tue Nov 14, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio only 18??
Replies: 8
Views: 912

Re: P/E ratio only 18??

Forward earnings.
Analyst estimates for 2018 "Operating Earnings" is $144.41
At a current price of $2,578 that's a forward P/E that rounds up to 18.

http://us.spindices.com/documents/addit ... s-est.xlsx
by JoMoney
Tue Nov 14, 2017 1:31 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3358

Re: Buffett 90/10 Portfolio vs Target Retirement

I don't think anyone else can tell you what amount of exposure to what risks is right for you. You'll need to carefully consider it and come up with something you can sleep with. I'm quite comfortable with having the bulk of my investments in S&P500 index funds. I wouldn't lose sleep over the small-...
by JoMoney
Sun Nov 12, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1916

Re: Chromebook/Similar for Elderly Dad

Unless portability is a concern a chromebox might be preferable? https://www.amazon.com/Asus-CHROMEBOX-M004U-ASUS-Desktop/dp/B00IT1WJZQ/ref=sr_1_3?s=electronics&ie=UTF8&qid=1510514841&sr=1-3&keywords=chromebox&dpID=41cPk3x3sOL&preST=_SX300_QL70_&dpSrc=srch You do need to add a generic display , key...
by JoMoney
Sun Nov 12, 2017 2:17 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 3037

Re: Fidelity 10X Retirement Rule - - Valid???

...The replacement annual income target is defined as 45% of preretirement annual income... If you made $50k a year, and saved 10x ($500,000) as a 67 year old you could buy an immediate annuity paying $33,000 a year for the rest of your life (quote from immediateannuities.com). That is not inflatio...
by JoMoney
Sat Nov 11, 2017 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: A penny saved is NOT a penny earned ..
Replies: 16
Views: 2320

Re: A penny saved is NOT a penny earned ..

Quite right... and as Mr.Bogle teaches about investing, a penny saved means higher risk-adjusted returns. If some savvy money manager might earn you .50% above market returns but charges a 1% fee your net is not-so-good and likely taking higher risks ta'boot. Likewise with leverage, you take all the...
by JoMoney
Sat Nov 11, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Investment Stewardship
Replies: 0
Views: 181

Mutual Fund Investment Stewardship

I was watching the recent videos with Mr.Bogle, and in one of them ( http://beta.morningstar.com/videos/830770/Bogle-Index-Funds-the-Best-Hope-for-Corporate-Governance.html ) he mentions a "10 page book" Vanguard came out with recently. I went to try and find this "book" but stumbled onto this site ...
by JoMoney
Sat Nov 11, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Risk of all eggs in one (brokerage) basket
Replies: 14
Views: 1773

Re: Risk of all eggs in one (brokerage) basket

“Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." - Pudd'nhead Wilson's Calendar” (Mark Twain) https://www.bogleheads...
by JoMoney
Fri Nov 10, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: "The small-cap effect really has failed to materialize"
Replies: 37
Views: 5215

Re: "The small-cap effect really has failed to materialize"

Chart comparing Vanguard S&P 500(VFINX) to Vanguard Midcap (VMCPX), Small Cap (VSCPX) and Vanguard Total Market (VTSAX) http://quotes.morningstar.com/chart/fund/chart?t=VFINX®ion=usa&culture=en_US&dataParams=%7B%22zoomKey%22%3A11%2C%22version%22%3A%22US%22%2C%22showNav%22%3Atrue%2C%22defaultShow...
by JoMoney
Fri Nov 10, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9376

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I like it, however I've found it seems to be more acceptable if it's not EXACTLY the same thing, i.e. have 3 different color shirts and and just make it matter of rotating through the combinations everyday.
by JoMoney
Fri Nov 10, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9508

Re: "$1 Million is Closer Than You Think"

They should include a part that shows how much faster your money will grow if your investment company doesn't spend it on advertising... :D Advertising brings in more money to funds, which makes (some of) the costs lower when distributed across all the assets under management, and since Vanguard fu...
by JoMoney
Fri Nov 10, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: WSJ: "A Former LTCM Partner Embraces Indexing, and Says You Should Too"
Replies: 15
Views: 1180

Re: WSJ: "A Former LTCM Partner Embraces Indexing, and Says You Should Too"

My thoughts: Meh... he's still running a firm managing other peoples money, they just use index funds to do it.*shrug* It would be more interesting to me if it was a story telling people to just go to Vanguard and put it in lowest cost broad market index fund, or a 3 fund portfolio. There's other LT...
by JoMoney
Fri Nov 10, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13102

Re: The fear of retirement, black swan, and math to dissuade the fear.

^- Probably more likely than shiny rocks/metals... like all money, they're only good for what you can exchange them for, so you better hope there's someone whose wants them for some nostalgic value.
by JoMoney
Thu Nov 09, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2280

Re: Inactive accounts closed?

Some do, some don't. I'm pretty good about closing accounts myself, but I know people who have received letters regarding credit card accounts being closed because they hadn't used them in years. Some banks have account terms that will slowly drain the account with inactivity fees until there's a ze...
by JoMoney
Thu Nov 09, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1819

Re: Comments on Kia Soul?

Not important at all: 1. Color I don't care about color esthetics but after I've read that white cars are more noticeable by other drivers I buy only white cars. I consider it a free safety feature. Victoria I have always wondered what the safest color for a car was? Safest from what? Do you know w...
by JoMoney
Thu Nov 09, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1819

Re: Comments on Kia Soul?

I've driven three different Kia models for a week+ as rental cars: Forte, Optima, and Rio... I have not driven the Soul, but my impression of Kia from the other models was lousy. They did not handle well, noisy, and just unappealing 'feel'. I actually enjoyed the Hyundai rental cars I've had though,...
by JoMoney
Thu Nov 09, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mastercard debit card with no foreign fees?
Replies: 7
Views: 434

Re: Mastercard debit card with no foreign fees?

I have a Capital One 360 Debit Mastercard, while they do not reimburse fees charged by the ATM operator they don't charge any fees and have very good foreign exchange rates. I haven't had a problem finding ATMs that don't charge. In the UK it's not common for ATMs to charge a fee and I've heard tha...
by JoMoney
Thu Nov 09, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Mastercard debit card with no foreign fees?
Replies: 7
Views: 434

Re: Mastercard debit card with no foreign fees?

I have a Capital One 360 Debit Mastercard, while they do not reimburse fees charged by the ATM operator they don't charge any fees and have very good foreign exchange rates. I haven't had a problem finding ATMs that don't charge. In the UK it's not common for ATMs to charge a fee and I've heard that...
by JoMoney
Thu Nov 09, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3979

Re: Coffee

Starbucks usually has clean restrooms, so it's nice to see one when on a road trip... otherwise they're on the bottom of my list for a coffee shop. I don't think the coffee is bad, but the experience is lacking. For some reason 'bucks doesn't have the coffee shop smell, and the service people all se...
by JoMoney
Thu Nov 09, 2017 12:31 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13102

Re: The fear of retirement, black swan, and math to dissuade the fear.

Black swan sounds to benign to fear, and by definition it won't show up in statistics. It's really a fire breathing dragon of chaos coming to decimate your nest egg with unknown unknowns... and then only if you survive does it start to look like a "black swan" in the rear view mirror.
by JoMoney
Wed Nov 08, 2017 11:28 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9508

Re: "$1 Million is Closer Than You Think"

They should include a part that shows how much faster your money will grow if your investment company doesn't spend it on advertising... :D Advertising brings in more money to funds, which makes (some of) the costs lower when distributed across all the assets under management, and since Vanguard fu...
by JoMoney
Wed Nov 08, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Invited to join a new credit union
Replies: 7
Views: 738

Re: Invited to join a new credit union

I might be wrong on this, but I can't imagine there is any extra benefit from joining earlier than someone else. Usually share accounts have equal ownership/voting rights regardless of when the account was opened. ...possibly if they have some sort of extra perk or special account that is no longer ...
by JoMoney
Wed Nov 08, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets - Returns Lower than Claimed?
Replies: 19
Views: 1972

Re: Emerging Markets - Returns Lower than Claimed?

Morningstar growth charts:
MSCI EM Gross Return (not net of foreign tax withholding, goes back to 1987)
MSCI EM Net Return (goes back to 2000)

2017 DFA Matrix book (has annualized MSCI EM returns 1988-2016)
by JoMoney
Wed Nov 08, 2017 2:54 am
Forum: Investing - Help with Personal Investments
Topic: VOO versus VTI
Replies: 8
Views: 1043

Re: VOO versus VTI

I prefer traditional index funds rather than ETFs. I use Vanguard's S&P 500 fund VFIAX in my IRA and taxable account. Vanguard's Total Stock Market is ok too, practically the same thing, if this is a big decision for you you're over thinking it.
by JoMoney
Tue Nov 07, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: Lowering taxes on business in the US
Replies: 17
Views: 1370

Re: Lowering taxes on business in the US

Reddit has all sorts of places for such discussion, but they tend to be pretty polarized politically one way or another.
by JoMoney
Tue Nov 07, 2017 6:37 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9508

Re: "$1 Million is Closer Than You Think"

An innovative and, I believe, effective advertisement! I think it deserves a sub-title: $1 Million isn't as much as you think! A million used to be a LOT of money -- yacht-buying territory. Now its is ALMOST enough to retire on. I input a 7 figure number and it told me I had a 95% chance of having ...
by JoMoney
Tue Nov 07, 2017 4:20 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9508

Re: "$1 Million is Closer Than You Think"

I input a 7 figure number and it told me I had a 95% chance of having $1 million in 5 years :shock:
by JoMoney
Tue Nov 07, 2017 4:05 am
Forum: Investing - Theory, News & General
Topic: Lowering taxes on business in the US
Replies: 17
Views: 1370

Re: Lowering taxes on business in the US

Generally proposed legislation is off topic and now allowed to be discussed here. Is there a way you can make your question personally actionable whether or not the proposed tax plan passes? FWIW, I think IF U.S. companies repatriate money to the U.S. (which is questionable regardless if the tax pla...
by JoMoney
Mon Nov 06, 2017 10:52 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2962

Re: What to do if a money market fund breaks the buck?

The Federal Money Market fund is about 48% obligations of the US treasury, 33% federal agency debt, and the rest repurchase agreements (repos). The credit quality of repos depends on the credit quality of the underlying collateral. The market is only pricing in a 1 bp spread between that and the tr...
by JoMoney
Mon Nov 06, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2962

Re: What to do if a money market fund breaks the buck?

I am not sure why Vanguard does it this way, but now the Federal MM Fund must be the settlement fund for a brokerage account (even if you only hold brokered CDs). I wish that Vanguard has some kind of bank account (FDIC Insured) as its settlement account. Vanguard uses the Federal MM fund because t...
by JoMoney
Mon Nov 06, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2962

Re: What to do if a money market fund breaks the buck?

I am not sure why Vanguard does it this way, but now the Federal MM Fund must be the settlement fund for a brokerage account (even if you only hold brokered CDs). I wish that Vanguard has some kind of bank account (FDIC Insured) as its settlement account. Vanguard uses the Federal MM fund because t...
by JoMoney
Mon Nov 06, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1115077

Re: U.S. stocks in freefall

GoldenFinch wrote:
Mon Nov 06, 2017 4:47 pm
thangngo wrote:
Mon Nov 06, 2017 4:26 pm
It's selling time when the market is on fire. :sharebeer
Not a very Bogleheadish sentiment. :wink:
I think the Bogliticly Correct phrase is "time to check if your your asset allocation requires rebalancing"
by JoMoney
Mon Nov 06, 2017 4:29 pm
Forum: Investing - Theory, News & General
Topic: What to do if a money market fund breaks the buck?
Replies: 29
Views: 2962

Re: What to do if a money market fund breaks the buck?

...This reserve or capital can be used, to a degree, as a cushion against the kinds of investment and interest rate situations that could cause a MM fund to break the buck. Mutual funds do not have that capital or reserve capability. Things that could cause a MM fund to break the buck (in the past,...
by JoMoney
Sun Nov 05, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3752

Re: Investing in index funds at this moment

I agree. I have no intention to put my money in actively traded accounts. My question is whether it makes sense to invest in passive index funds or simply hold my account in cash. Index funds track the market which is great since historically the market has higher returns but if the market will tak...