Search found 423 matches

by Yesterdaysnews
Fri Aug 07, 2015 7:45 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

Active management is not all bad. There are some fund shop which really are very good - AQR is one of them. Another is Artisan funds - really great fund shop. Matthews is great for emerging markets. I like to use passive index fund for US large cap equities. For other areas, I do believe some top ti...
by Yesterdaysnews
Thu Aug 06, 2015 6:22 pm
Forum: Investing - Theory, News & General
Topic: So do the uber wealthy invest money the same way we do?
Replies: 95
Views: 13239

Re: So do the uber wealthy invest money the same way we do?

Yeah I would go super conservative if I had big money. Private equity is pretty risky I thought.
by Yesterdaysnews
Tue Aug 04, 2015 4:27 pm
Forum: Investing - Theory, News & General
Topic: The Case for Owning Fewer Stocks
Replies: 32
Views: 3697

Re: The Case for Owning Fewer Stocks

For large cap US stocks it's difficult to beat an index fund. For certain areas (emerging market, alt etc) I can see the value in active management.
by Yesterdaysnews
Sun Aug 02, 2015 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Asset Protection
Replies: 35
Views: 5440

Re: Physician Asset Protection

Hate to say it but you probably won't need to worry that much about it in the future, as physicians are not going to making the kind of money they did in the past in the future. Those of us in the middle of it (5+ years out of training) can clearly see the writing on the wall. I would say enjoy your...
by Yesterdaysnews
Wed Jul 29, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 271
Views: 21823

Re: Are equities really as risky as anyone thinks?

All of these 100% equity posts always make me nervous. There were a LOT of them back in 2007 I recall. :oops:
by Yesterdaysnews
Tue Jul 21, 2015 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Redux-APPL and Other Techs
Replies: 10
Views: 834

Re: Portfolio Redux-APPL and Other Techs

AAPL is an interesting stock to trade. Expectations are so high that the small miss just announced is killing the stock tomorrow. Last quarter they crushed earnings and dropped 10 points. These are decent buying opportunities imo.
by Yesterdaysnews
Mon Jul 20, 2015 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Too good to be true? vgenx or vgpmx
Replies: 48
Views: 15932

Re: Too good to be true? vgenx or vgpmx

Still feels a little early to bet on oil recovery.
by Yesterdaysnews
Sun Jul 19, 2015 6:27 pm
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 100
Views: 25268

Re: The "No Bonds" portfolio

I currently have a zero bond portfolio. I just couldn't get myself to purchase bonds with long-term money in this rate environment. I decided to take my chances with alternatives over bonds for my long-term portfolio. Bonds simply seem like a very poor investment for long-term money at the moment.
by Yesterdaysnews
Sun Jul 19, 2015 6:23 pm
Forum: Investing - Theory, News & General
Topic: leverage and beating the market
Replies: 45
Views: 5066

Re: leverage and beating the market

Some leverage makes sense when one is after absolute returns. Leveraging a carry trade position for example to obtain desired absolute return.
by Yesterdaysnews
Sun Jul 19, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: So many anomalies -- so little time: buy a nomaly basket
Replies: 22
Views: 2619

Re: So many anomalies -- so little time: buy a nomaly basket

AQR is a good shop if you like to dabble in alternatives.
by Yesterdaysnews
Mon Jul 13, 2015 5:34 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

The concept of "absolute return" is something I really like. I am not really concerned with the size of returns necessarily rather I like my account to be going up every year regardless of what the market is doing. I think this type of investing can be very appealing, especially to the HNW investor....
by Yesterdaysnews
Sun Jul 12, 2015 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Pulling equity out of home to invest?
Replies: 71
Views: 10495

Re: Pulling equity out of home to invest?

Kinda reminds me of when I had my second kid - I was back to sleepless nights and diaper changes again not soon after finishing that stage of life with the first one. I used to laugh to myself how I was back the square 1 again. After I paid off my house, I really felt like it was finally my castle, ...
by Yesterdaysnews
Wed Jul 08, 2015 5:23 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

Performed poorly today:

Down 1.62% vs. 1.67% for S&P index.
by Yesterdaysnews
Sun Jul 05, 2015 9:58 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 36750

Re: The next Lehman - this week? [Greek default]

I find the Greece situation worrisome and it is amazing to see a developed country which may run out of bills in ATMs and food. However, if this triggers some kind of US stock market correction it seems like a good time to pick up some shares in American companies which are really unlikely to be hur...
by Yesterdaysnews
Sun Jul 05, 2015 6:22 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 36750

Re: The next Lehman - this week? [Greek default]

Time to pick up stocks which go down for no apparent reason. For example how does Greek defaulting really affect a company like Apple or Google? Not much but their stocks make take a hit just from collateral damage.
by Yesterdaysnews
Sat Jul 04, 2015 7:02 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing
Replies: 87
Views: 11969

Re: Paul Merriman on Market Timing

Economics is def not a science. Momentum anomaly is proof of inefficient markets. Timing models should not just dismissed without consideration if one is looking to maximize returns.
by Yesterdaysnews
Sat Jul 04, 2015 12:14 pm
Forum: Investing - Theory, News & General
Topic: Aren't we obsessing way too much about our portfolios?
Replies: 84
Views: 9401

Re: Aren't we obsessing way too much about our portfolios?

I have other hobbies, like tennis. What I like about tennis is the mental aspect and also the fact that there is always someone better than you to play. Same thing I like about investing. I find it fascinating that some people have become billionaires just from investing. That's really amazing to me.
by Yesterdaysnews
Thu Jul 02, 2015 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Want to buy stock - Not sure where to start
Replies: 16
Views: 2411

Re: Want to buy stock - Not sure where to start

Fidelity if you want to buy stocks and do some options.
by Yesterdaysnews
Thu Jul 02, 2015 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: How to play Europe
Replies: 11
Views: 2120

Re: How to play Europe

I still think it may be early. I want to see some actual civic unrest to trigger a big position. I really think this is a rare event in a developed country.
by Yesterdaysnews
Thu Jul 02, 2015 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to play Europe
Replies: 11
Views: 2120

How to play Europe

I always recall Buffett's quote buy when there is blood on the streets, and that might be happening in Greece soon. So when it the right time to pick a European ETF?

What we are witnessing here is a rare opportunity for investors. There may be civil unrest in a developed country. That's rare.
by Yesterdaysnews
Wed Jul 01, 2015 7:52 pm
Forum: Investing - Theory, News & General
Topic: Are REITs necessary in a portfolio? Why?
Replies: 119
Views: 25302

Re: Are REITs necessary in a portfolio? Why?

If you believe what is commonly said by "professionals" -- the next crash will be different from the last one, and thus there is low likelihood it will be triggered by a real estate bubble again - thus REITs may provide useful diversification from stocks even in the next downturn. They will crash wi...
by Yesterdaysnews
Tue Jun 30, 2015 6:38 pm
Forum: Investing - Theory, News & General
Topic: Let’s Celebrate the Independent Adviser
Replies: 10
Views: 2022

Re: Let’s Celebrate the Independent Adviser

The combination of Vanguard low-cost funds and a low-cost Vanguard CFA adviser is very powerful and honestly I think the traditional FA model is going to be disrupted. I can pay a total of about 50 basis point for a real personal adviser (cause my assets would be above 500k) and excellent low-cost V...
by Yesterdaysnews
Tue Jun 30, 2015 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: How do you Lazy portfolio funders deal with dips in the market?
Replies: 61
Views: 8818

Re: How do you Lazy portfolio funders deal with dips in the market?

What constitutes the "Lazy portfolio" exactly? Sounds intriguing.
by Yesterdaysnews
Mon Jun 29, 2015 6:34 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

Down 0.61% today when S&P 500 down 2.09% - not bad.
by Yesterdaysnews
Mon Jun 29, 2015 6:31 pm
Forum: Investing - Theory, News & General
Topic: Being Mr. Bogle's Company has 3 Trillion Dollars
Replies: 15
Views: 2801

Re: Being Mr. Bogle's Company has 3 Trillion Dollars

Yes he basically passed up being a billionaire to do right by the average investor. Really remarkable person.
by Yesterdaysnews
Sun Jun 28, 2015 10:09 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 36750

Re: The next Lehman - this week? [Greek default]

I am very curious to see how my holdings in QSPIX does over the next few days. Let's see how uncorrelated it is after all!!
by Yesterdaysnews
Sun Jun 28, 2015 12:29 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 157
Views: 34763

Re: When saving money becomes an irrational obsession

I have found over the years (although I am not yet 40) that many material things we are socially conditioned to value in life are pretty overrated. I bought the big house and nice car when I first started making good money and honestly feel it is pretty overrated. I feel no strong desire to do it ag...
by Yesterdaysnews
Sun Jun 28, 2015 11:26 am
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 220
Views: 41482

Re: What was the 2008 crash like in real time?

February 21, 2009 http://www.bogleheads.org/forum/viewtopic.php?f=10&t=33201 Absolutely. Rebalanced to 80/20 in November, increased our 401-K contribution %'s, all new investment savings are buying at the 80/20 ratio, have increased consumer spending to take advantage of bargains, spent heavily in ...
by Yesterdaysnews
Sun Jun 28, 2015 11:22 am
Forum: Investing - Theory, News & General
Topic: Small Cap Index - What % of equities?
Replies: 74
Views: 17434

Re: Small Cap Index - What % of equities?

EM Small caps are interesting cause many of these companies are still being run by the founder or family of the founder, which means the management has major skin in the game and interests are favorably aligned.
by Yesterdaysnews
Fri Jun 26, 2015 9:17 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Index - What % of equities?
Replies: 74
Views: 17434

Re: Small Cap Index - What % of equities?

Does anyone hold any small cap emerging market funds?
by Yesterdaysnews
Fri Jun 26, 2015 9:11 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 220
Views: 41482

Re: What was the 2008 crash like in real time?

There is something to be said for a relatively cheap advisory service like VPAS in times of trouble. They could prevent one from panic selling or making other poor decision under duress and ultimately save that person's portfolio. I can see a lot of added value in that. Often we are our own worst en...
by Yesterdaysnews
Thu Jun 25, 2015 1:41 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness: Stocks, Bonds: Bleak Outlook
Replies: 108
Views: 12655

Re: AQR/Asness: Stocks, Bonds: Bleak Outlook

I agree and the fund is up this year 7%. I believe it will provide low to decent returns with low correlation to the market. My hope is I never need to hold more than 50% equities in my portfolio and still meet my financial goals. The equity market can get crazy. Absolute return funds should be able...
by Yesterdaysnews
Thu Jun 25, 2015 1:25 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness: Stocks, Bonds: Bleak Outlook
Replies: 108
Views: 12655

Re: AQR/Asness: Stocks, Bonds: Bleak Outlook

If you believe the QSPIX will will be nearly uncorrelated with stocks and bonds going forward it is useful as a hedge. I buy some private equity deals for this reason also, as a hedge to stock and bond holdings. The most uncorrelated returns you can find the better imo. So I invest in Stocks Bonds R...
by Yesterdaysnews
Thu Jun 25, 2015 11:22 am
Forum: Investing - Theory, News & General
Topic: AQR/Asness: Stocks, Bonds: Bleak Outlook
Replies: 108
Views: 12655

Re: AQR/Asness: Stocks, Bonds: Bleak Outlook

I would say my goal is to have my portfolio generate all my income needs if I retire. I may not get there but I would like to never dip into principle in my lifetime for living expenses.

I hold qspix, bonds and stocks and hope for decent growth of the portfolio to get me there someday.
by Yesterdaysnews
Wed Jun 24, 2015 8:08 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 220
Views: 41482

Re: What was the 2008 crash like in real time?

I went back to look at my records and it appears I didn't start significantly investing in stock again until around 8/2012, missing the gains since 3/2009 when this bull market started. However I believe 2011 wasn't a great year anyway. So overall I did fine during the crash as I had far less money ...
by Yesterdaysnews
Wed Jun 24, 2015 5:18 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 220
Views: 41482

Re: What was the 2008 crash like in real time?

I don't feel that scared really. We were able to take advantage of our status as world reserve currency to print a ton of money and export inflation to the developing world. We were in a pretty bad situation but were able to use the economic might of the US to get out of it. Next time will be someth...
by Yesterdaysnews
Wed Jun 24, 2015 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's so so customer service
Replies: 71
Views: 10618

Re: Vanguard's so so customer service

Fidelity has an office in my town which is nice if I ever need to use it. The website is also pretty nice. I like vanguard investment products better though.
by Yesterdaysnews
Wed Jun 24, 2015 3:39 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 220
Views: 41482

Re: What was the 2008 crash like in real time?

I focused on paying off my house with cash I had saved. Once I did that I starting putting my extra money into some stocks. Retirement funds stayed 100% stocks. To be honest, I am not really scared of another crash because the US government will step in again I believe if it ever gets really bad. No...
by Yesterdaysnews
Mon Jun 22, 2015 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: No bonds?? All Equity portfolio in 20s
Replies: 74
Views: 14117

Re: No bonds?? All Equity portfolio in 20s

I think 80/20 is kinda a sweet spot when looking at historical data. I would be very comfortable holding 80/20 for a long time.
by Yesterdaysnews
Sat Jun 20, 2015 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: investing vs. mortgage payoff
Replies: 10
Views: 2647

Re: investing vs. mortgage payoff

I paid off the note on my primary residence in two years, have never regretted it. The stock market is very fickle. Feels good to be debt free. :sharebeer
by Yesterdaysnews
Sat Jun 20, 2015 10:18 am
Forum: Investing - Theory, News & General
Topic: Managing a multi-billion dollar endowment
Replies: 3
Views: 985

Re: Managing a multi-billion dollar endowment

Endowments don't need to focus as much on liquidity and thus can benefit from holding high returning non-liquid asset classes such as private equity. The power of index funds is when they are compared to traditional active management (stock picking). This does not mean there are not other types of i...
by Yesterdaysnews
Thu Jun 18, 2015 10:12 pm
Forum: Investing - Theory, News & General
Topic: A Look Inside Jack Bogle's Office
Replies: 27
Views: 6795

Re: A Look Inside Jack Bogle's Office

What boggles my mind is that Bogle could be a billionaire many times over had he structured his company just a little different. He is really a great American and doesn't get enough praise imo.
by Yesterdaysnews
Thu Jun 18, 2015 7:09 pm
Forum: Investing - Theory, News & General
Topic: Article: Vanguard price cuts rattle the brokers who sell its funds
Replies: 5
Views: 2440

Re: Article: Vanguard price cuts rattle the brokers who sell its funds

Yes, that is a ridiculous number of positive comments on a Yahoo article. Vanguard is on to something big here and I do think the FA community should be somewhat worried. They are likely to completely change the game with this service, which will probably get cheaper with time as well.
by Yesterdaysnews
Thu Jun 18, 2015 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 14106

Re: Vanguard's new Personal Advisor Services

Problem with TR fund is they are not tax efficient. So for someone with large taxable account it's not a good choice. VPAS may be better assuming they emphasize tax efficiency on their website. I have IRA, 401K and taxable account and if at VG I could give it to VPAS and they would basically create ...
by Yesterdaysnews
Tue Jun 16, 2015 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: 30+ year "set it and rebalance it" portfolio thoughts
Replies: 18
Views: 2747

Re: 30+ year "set it and rebalance it" portfolio thoughts

Taxable or tax-advantaged? Oh, you did write taxable. If spread out among taxable, 401(k), Roth IRA, then I would have 31% in US equities with half total stock market index and half small-cap value index. 31% in foreign equities with half total international stock market index and half small-cap fo...
by Yesterdaysnews
Mon Jun 15, 2015 3:32 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

I have always been open to alternative investment types over the years. I believe these things can add a lot of diversity to just a straight forward stock and bond portfolio. Keeps it interesting. Plain vanilla index funds can be pretty risky also.
by Yesterdaysnews
Sun Jun 14, 2015 10:05 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

I decided to buy this fund in my Fido IRA. I have purchased a sizable amount (400k) and am curious to see how it performs relatively to equties I hold in my taxable account at Fido. Will report back ! Wow. That is one very expensive lab experiment. Hope it works well for you. Please report back, I ...
by Yesterdaysnews
Sun Jun 14, 2015 3:58 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206312

Re: QSPIX - thoughts on interesting fund

I decided to buy this fund in my Fido IRA. I have purchased a sizable amount (400k) and am curious to see how it performs relatively to equties I hold in my taxable account at Fido. Will report back !