Search found 8209 matches

by grok87
Fri Jul 06, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Finally on a Boglehead plan - appreciate feedback
Replies: 9
Views: 1094

Re: Finally on a Boglehead plan - appreciate feedback

I am within days of having my family on a Boglehead plan - finally! I aligned my investments and have browbeaten my partner for a 4 fund portfolio for his Roth (60% of our assets). We had that money in a mutual fund timer’s newsletter portfolio which did well (as did the markets) over the last 17 y...
by grok87
Fri Jul 06, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: 30 yr -3 mo. Yield spread now at 0.98%
Replies: 2
Views: 513

Re: 30 yr -3 mo. Yield spread now at 0.98%

There seems to be an immense demand for long term TIPS which is why the yield is so low. Looks like a lot of investors/financial firms are doing long term liability matching portfolio planning in inflation adjusted dollars. Also looks like a lot of investors/firms are not optimistic about long term...
by grok87
Fri Jul 06, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity- Lincoln Level Advantage Indexed variable annuity
Replies: 17
Views: 1139

Re: Annuity- Lincoln Level Advantage Indexed variable annuity

Thanks for all the responses. I am trying to be a DIY Investor and was looking for better safe Investments for the $500k + Cash I have a accumulated. I was looking at Annuities mainly because of the capital protection since I am 60 now. I then started looking in to making my own Structured Investme...
by grok87
Fri Jul 06, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: 30 yr -3 mo. Yield spread now at 0.98%
Replies: 2
Views: 513

30 yr -3 mo. Yield spread now at 0.98%

30 yr -3 mo. Yield spread now at 0.98% First time it has been below 1% in a while. Hang on guys we are ready for an interesting ride... 30 year tips yields hit 0.79% this morning. I’m going to buy these as per my 3-legged-stool approach https://www.bogleheads.org/forum/viewtopic.php?f=10&t=245377 Do...
by grok87
Fri Jul 06, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction: june 21: 1.0% yield?
Replies: 35
Views: 4076

Re: 30 yr tips auction: june 21: 1.0% yield?

Now at 0.79%.

This is getting interesting. I am just 27 bps awAy from being forced to stop buying 30 year tips according to my own internal hurdle of 0.52%.
by grok87
Fri Jul 06, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: Indiv. REITs in taxable because of new tax law? Aargh!
Replies: 15
Views: 2210

Re: Indiv. REITs in taxable because of new tax law? Aargh!

This was a helpful thread. In another thread I recently asked the same question (unaware of this thread at the time). I suspect it will be determined once final regulations are provided. Thanks. Maybe somebody like a mod could link or merge these threads together. Also my understanding is that the ...
by grok87
Fri Jul 06, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3733

Re: REITs - 20% Qualified Income Deduction

A further question I have on the REIT dividend deduction that I can’t get a clear answer on: Is the deduction subject to any sort of phase out at a certain income level? I believe there is a high income phase out. This is one of the better write ups (fairly early so there may have been better ones ...
by grok87
Thu Jul 05, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction: june 21: 1.0% yield?
Replies: 35
Views: 4076

Re: 30 yr tips auction: june 21: 1.0% yield?

Now 0.81% Could you help explain ? This means get tips at lower valuation? Of go shorter term ? Or avoid short term tips now as well ? Thx Sure. The yield of 30 year tips has droppped a lot in a short time. When I started this thread yields were pushing 1%. They are now down around 0.8%. That’s a 0...
by grok87
Thu Jul 05, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction: june 21: 1.0% yield?
Replies: 35
Views: 4076

Re: 30 yr tips auction: june 21: 1.0% yield?

Now 0.81% Could you help explain ? This means get tips at lower valuation? Of go shorter term ? Or avoid short term tips now as well ? Thx Sure. The yield of 30 year tips has droppped a lot in a short time. When I started this thread yields were pushing 1%. They are now down around 0.8%. That’s a 0...
by grok87
Thu Jul 05, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3733

Re: REITs - 20% Qualified Income Deduction

The 20% deduction applies to individual reits held in taxable accounts only. not to reit mutual funds held in taxable accounts. Some threads on this, will try to link when I can
by grok87
Wed Jul 04, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Will I ever be able to itemize?
Replies: 64
Views: 4364

Re: Will I ever be able to itemize?

Any good books on the ew tax code yet? Probably too early but I really don’t have a feel for my tax situation yet. I used to be in amt but now probably not.
by grok87
Wed Jul 04, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Switch to LT bonds in this falling rate environment?
Replies: 44
Views: 3154

Re: Switch to LT bonds in this falling rate environment?

So I don’t try to time the bond market. But for those convinced rates are going up you might want to read hoisington.
http://www.hoisingtonmgt.com/economic_overview.html
As far as I can tell these guys have no vested interest one way or the other...
by grok87
Wed Jul 04, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Switch to LT bonds in this falling rate environment?
Replies: 44
Views: 3154

Re: Switch to LT bonds in this falling rate environment?

The 10 year Treasury rate seemed to have peaked at 3.11% back in May and has since fallen to 2.83% today. With the stock market spooked by the trade war and given that this economic expansion is so long in the tooth and will likely end soon, I'm wondering if I should switch my bond portfolio to lon...
by grok87
Wed Jul 04, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: Two WSJ articles on comparing index and actively managed endowments
Replies: 13
Views: 2243

Re: Two WSJ articles on comparing index and actively managed endowments

The second excerpt concluded, Instead, it achieved its stellar returns by investing 70% of its money with stock pickers and sticking with them. A little help here? How, exactly, do 6.1% returns qualify as “stellar?” It’s stellar compared to the other endowments. It’s below average compared to the v...
by grok87
Wed Jul 04, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 200
Views: 18113

Re: Vanguard to offer non-Vanguard ETFs commission-free

This move does show that Vanguard is in fact not a pure "at-cost" provider. It does cost something to execute trades, especially when you don't accept payment for order flow (as VG does not, to their credit). As such, these free ETF trades will be funded by something else. Perhaps it will be by kee...
by grok87
Wed Jul 04, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?
Replies: 98
Views: 6369

Re: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?

I am on my third Toyota Tundra. I have a 40 acre farm and also a 200 acre hunting property up north. I haul quite a lot of stuff and equipment between the properties. I also have a regular job. I have test driven the Chevy and F-150 but always preferred the ride of the Toyota. And it is way cheaper...
by grok87
Wed Jul 04, 2018 7:06 am
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3166

Re: Are Hedge funds basically scams?

If they tell you they are charging you 2 and 20, then how is that a scam? If one sells a used Toyota Corolla and another agrees to pay $50k for it, is that a scam? A lot of people almost feel entitled for someone else to do their thinking for them it seems and read their mind as to what's fair and ...
by grok87
Wed Jul 04, 2018 6:53 am
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3166

Re: Are Hedge funds basically scams?

The investment objectives of equity market neutral funds is to maintain an overall portfolio beta of zero across all business cycles. They accomplish this strategy by taking short positions to offset long exposure. For example they might pair off a long equity position with a short index postion to...
by grok87
Tue Jul 03, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 156
Views: 16843

Re: IRS publishes draft 2018 1040 - Huge changes made

One new adjustment on page 2 of the 1040 is line 9 for “qualified business income deductions (see instructions)” which I assume is for the 20% small business deduction under Section 199A. The following is all I could find on line 9, from the WSJ https://www.wsj.com/articles/the-new-1040-tax-form-it...
by grok87
Tue Jul 03, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 12308

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

Agree but tips would be the exception. Would you elaborate on that? Sure. Well of course anything can happen. But conventional wisdom for different debt scenarios is as follows 1) fixed nominal local currnecy debt. A country can just print money to pay this off 2) foreign currency debt. If a countr...
by grok87
Tue Jul 03, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 12308

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

This events happen but are temporary in nature. If you believe in current account fund accounting, when the public sector is in deficit then the private sector is in surplus. There are economists who say that the US Public Debt is equal to national savings. There is spirited debate over this. But i...
by grok87
Tue Jul 03, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Annuity- Lincoln Level Advantage Indexed variable annuity
Replies: 17
Views: 1139

Re: Annuity- Lincoln Level Advantage Indexed variable annuity

I am considering investing $100k in the above annuity. Is this a better investment than doing a DIY structured investment with Cd ladder / zero coupon bonds and S&P 500 ETF. Annity: 6 year term 30% downside protection and 85% participation. Pont to Point S & P index. Any thoughts / advise is apprec...
by grok87
Tue Jul 03, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 12308

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

Where Were You During the Great T-Bill Massacre of 2018? Nothing scares big investors more than the notion that the U.S. could hold a bond auction and nobody showed up. After all, Treasuries are the world’s safest investment, backed by the full faith and credit of the U.S. The securities, especiall...
by grok87
Mon Jul 02, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Two WSJ articles on comparing index and actively managed endowments
Replies: 13
Views: 2243

Re: Two WSJ articles on comparing index and actively managed endowments

The first: Nevada State pension fund that only indexes. What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing Steve Edmundson has no co-workers, rarely takes meetings and often eats leftovers at his desk. With that dynamic workday, the investment chief for the Nevada Public Employees’ Ret...
by grok87
Mon Jul 02, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 200
Views: 18113

Re: Vanguard to offer non-Vanguard ETFs commission-free

Cool now I can buy LTPZ (hopefully) I understand how LTPZ is a great diversifier, but aren't you concerned with increasing yields? Well I would be buying LTPZ for short periods in advance of rolling the money into 30 year tips at auction. It’s part of my 3 legged stool approach as outlined here: ht...
by grok87
Mon Jul 02, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: Repair old refrigerator or purchase new
Replies: 24
Views: 1760

Re: Repair old refrigerator or purchase new

I have an old fridge, like 20years old. It still is cold but water builds up, drips into the fridge, Not sure whAt is going on... Probably the condensate drain is plugged. This is a tube that usually runs from underneath the freezer(top freezer) across the top of the fridge compartment in the back,...
by grok87
Mon Jul 02, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9744

Re: What’s your plan for a market downturn?

While many here will remain diligent I suspect even here there will be a significant fallout and disillusionment. Based on some of the posts here, many have experienced a mostly up market and even the drops have reversed fairly quickly. A 1970s style shake out, or God forbid a Japan-lite will test ...
by grok87
Mon Jul 02, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 88
Views: 21030

Re: Consistent Yield & Duration to Help Choose TIPS Fund

In terms of fund returns, to reinforce your point about short term vs long term tips yields, LTPZ which is the 15+ year tips fund returned 1.81% for the quarter … Whereas vtipx, the vanguard 0-5 yr tips index returned 0.44%. If we crudely think about inflation running at 2% a yeAr or 0.50% a quarte...
by grok87
Mon Jul 02, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9744

Re: What’s your plan for a market downturn?

Mostly enjoying the inevitable hysteria in the "stocks in freefall" thread. ... This. I'll stock up on popcorn and it'll be better than a movie any day. It's only when the tsunami comes in that you see which of the overconfident should never have been that deep in the water in the first place. Pers...
by grok87
Mon Jul 02, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: Retirement bonds
Replies: 68
Views: 8176

Re: Retirement bonds

Robert Merton writing about SeLFIES retirement bonds in IPE (Investments & Pensions Europe). These innovations ensure even the most financially illiterate individual can be self-reliant with respect to retirement planning (without requiring a forecast of expected returns, optimisers/retirement calc...
by grok87
Mon Jul 02, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9744

Re: What’s your plan for a market downturn?

Mostly enjoying the inevitable hysteria in the "stocks in freefall" thread. ... This. I'll stock up on popcorn and it'll be better than a movie any day. It's only when the tsunami comes in that you see which of the overconfident should never have been that deep in the water in the first place. Pers...
by grok87
Mon Jul 02, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9744

Re: What’s your plan for a market downturn?

Hello. First post, and I was just wondering if anyone has put any plans in place already for the long-predicted downturn. Do you know what you’re going to do when it happens? I realise that it’s basically impossible to predict when a prolonged dowturn is going to happen — some clever economists are...
by grok87
Mon Jul 02, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 200
Views: 18113

Re: Vanguard to offer non-Vanguard ETFs commission-free

Cool now I can buy LTPZ (hopefully)
by grok87
Sun Jul 01, 2018 10:16 pm
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3166

Re: Are Hedge funds basically scams?

Re: VMFMX, with long only funds, the transaction costs aren’t reported but for funds that go short, they have to report the dividends paid out to the securities lenders. Ergo, the inherent fees to running a fund vs the management expenses. By the way, this is the big difference between the AQR mark...
by grok87
Sun Jul 01, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3166

Re: Are Hedge funds basically scams?

Strategies: no (they may not be good or wise but they’re not like a Ponzi scheme) Fee Structure: absolutely for the 2/20 fees, mostly for the 20% performance fee. Yep. Vanguard has a cheap one. E.r. Of like 0.3%.i wouldn’t call it a scam. Vmnfx Try again. VMNFX has an ER of 1.54% and a minimum inve...
by grok87
Sun Jul 01, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Husband's job finally has a 401k offering with unusual funds
Replies: 29
Views: 2075

Re: Husband's job finally has a 401k offering with unusual funds

These 401k selections all have high expense ratios! The least expensive one is Nationwide S&P 500 fund. To compensate for your husband's all stock 401k selection maybe you can dial down your target retirement fund's date to 2030. That would be my suggestion. What is your husband's age by the way? A...
by grok87
Sun Jul 01, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3166

Re: Are Hedge funds basically scams?

Strategies: no (they may not be good or wise but they’re not like a Ponzi scheme) Fee Structure: absolutely for the 2/20 fees, mostly for the 20% performance fee. Yep. Vanguard has a cheap one. E.r. Of like 0.3%.i wouldn’t call it a scam. Vmnfx Try again. VMNFX has an ER of 1.54% and a minimum inve...
by grok87
Sun Jul 01, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3166

Re: Are Hedge funds basically scams?

Theoretical wrote:
Sun Jul 01, 2018 8:33 am
Strategies: no (they may not be good or wise but they’re not like a Ponzi scheme)
Fee Structure: absolutely for the 2/20 fees, mostly for the 20% performance fee.
Yep.
Vanguard has a cheap one. E.r. Of like 0.3%.i wouldn’t call it a scam. Vmnfx
by grok87
Sun Jul 01, 2018 6:09 am
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 88
Views: 21030

Re: Consistent Yield & Duration to Help Choose TIPS Fund

Thanks #cruncher. In terms of fund returns, to reinforce your point about short term vs long term tips yields, LTPZ which is the 15+ year tips fund returned 1.81% for the quarter http://performance.morningstar.com/funds/etf/total-returns.action?t=LTPZ®ion=USA&culture=en_US Whereas vtipx, the vang...
by grok87
Fri Jun 29, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5807

Re: Keep calm and Boglehead on!

I started really investing in 2007 when I got my first job out of grad school. Before that, my portfolio was no more than $15k that I save up over years of internships (and minus a car and other expenses of 20 year-olds). By 2008 I had about $70k in my portfolio when everything turned upside down. ...
by grok87
Fri Jun 29, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5807

Re: Keep calm and Boglehead on!

Keep calm and boglehead on! Just a reminder to all of us, and particularly to those who may be new to investing to “keep cAlm and boglehead on.” There is a lot of angst out there these days. According to this article in the last year or two Americans anxiety level has risen dramatically: https://ww...
by grok87
Fri Jun 29, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5807

Re: Keep calm and Boglehead on!

It's not angst derived from macro conditions one should be concerned with as a study of history demonstrates human concerns haven't changed much over time. It's micro angst that's most important, as this demonstrates some key grounding ingredient is missing (almost always information of some sort)....
by grok87
Fri Jun 29, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 58
Views: 4776

Re: What is your one favorite Fidelity Fund??

I am boring and I like their standard index funds for total market and international. Doesn’t their total international fund exclude EM? They have several international funds, the newer total version includes EM whereas the oldest one does not. Thanks for the correction. It looks like their interna...
by grok87
Fri Jun 29, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 58
Views: 4776

Re: What is your one favorite Fidelity Fund??

student wrote:
Fri Jun 29, 2018 11:36 am
I am boring and I like their standard index funds for total market and international.
Doesn’t their total international fund exclude EM?
by grok87
Fri Jun 29, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5807

Re: Keep calm and Boglehead on!

It seems that grok has a 33/67 asset allocation (stocks/bonds). It's not that far off from a conservative investor's 40/60 allocation. So I'm not sure whether this difference would be extremely significant in the long run no matter what happens. The only thing I see is that, if a possible deflation...
by grok87
Fri Jun 29, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: [Small, Portable, and Ductless Air Conditioners]
Replies: 54
Views: 2801

Re: Best Small Air Conditioner

Very helpful thread
by grok87
Fri Jun 29, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?
Replies: 98
Views: 6369

Re: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?

Thanks. I’m a newbie to trucks. The F150 is my first one. I like it but I guess I was guilty of thinking that trucks were all pretty much the same. I see your point now about the ground clearance and how important that is for off-roading. A pretty obvious point really but again i’m A newbie here. W...