Search found 342 matches

by snowshoes
Fri Oct 21, 2016 6:19 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

Nibbling away at Wall Street: A History--From Its Beginnings to the Fall of Enron , by Charles Geisst, and it is just excellent . I am more than ever convinced that "long run" data spanning centuries has got to be total nonsense--there's no resemblance between the stock market he's descri...
by snowshoes
Fri Oct 21, 2016 9:34 am
Forum: Investing - Theory, News & General
Topic: How mutual funds cheat on returns to create stars
Replies: 4
Views: 902

Re: How mutual funds cheat on returns to create stars

Janus did this during their apex in the 90s, were sanctioned, and have continued apparently http://www.wsj.com/articles/SB108246275356987688 . Your links are always informative Larry!
by snowshoes
Thu Oct 20, 2016 6:53 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

The Quants: How a new breed of math whizzes conquered Wall St.and nearly destroyed it by Scott Patterson. A second read.

SPQR : A History of Ancient Rome by Mary Beard. Many history books differ in there various bias's. This ones no different
by snowshoes
Wed Oct 12, 2016 2:49 am
Forum: Personal Investments
Topic: VALIC underpayment of dividends 2011-2013
Replies: 5
Views: 990

Re: VALIC underpayment of dividends 2011-2013

I'd suggest googling "Valic" complaints, then get in line, or start a class action suit. They are primarily a high ER secular employment retirement scheme provider, teachers, hospitals, non-profits, even religious organizations and such. Similar to AIGs business model is VALIC's, on a smal...
by snowshoes
Tue Oct 11, 2016 5:30 pm
Forum: Investing - Theory, News & General
Topic: "Yield and Return"
Replies: 29
Views: 4361

Re: "Yield and Return"

Thanks Taylor, Jim Dahle, another BHs index centric financial wizard!
by snowshoes
Mon Oct 10, 2016 9:27 pm
Forum: Investing - Theory, News & General
Topic: Cheap asset classes and on-sale stock
Replies: 33
Views: 4246

Re: Cheap asset classes and on-sale stock

Mining stocks are on sale, so are some oil stocks. I have no idea where any of them will recover but there are some bargains. I disagree citing both VGENX /VGPMX, & PBR(Petrobras@2.96?) late last January at decades long lows, iirc, VGPMX hit 5.55 1/20s/16, VGENX was high 30s then, being at 52 t...
by snowshoes
Mon Oct 10, 2016 8:20 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6226
Views: 1420919

Re: What Movie Have You Recently Watched?

Doctors of the Dark side: Drs employed by USAs .gov to serve its interest, wherever.
by snowshoes
Mon Oct 10, 2016 2:35 am
Forum: Personal Consumer Issues
Topic: Budget car advice; so so tired of the noise levels
Replies: 75
Views: 18855

Re: Budget car advice; so so tired of the noise levels

Go to the nearest junkyard and try several sets of appropriate sized floor mats from whatever works. If its "road" noise this is an inexpensive fix. One of my autos wears 3 sets, plus its carpet & insulation. Cheap fix. Not sure you want this -- unsecured "layers" of floor m...
by snowshoes
Mon Oct 10, 2016 1:08 am
Forum: Personal Consumer Issues
Topic: Budget car advice; so so tired of the noise levels
Replies: 75
Views: 18855

Re: Budget car advice; so so tired of the noise levels

Research your autos configuration. Go to the nearest junkyard and try several sets of appropriate sized floor mats from whatever works. If its "road" noise this is an inexpensive fix. One of my autos wears 3 sets, plus its carpet & insulation. Cheap fix.
by snowshoes
Sat Oct 08, 2016 8:18 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

Diary of a Hedge Fund Mgr: from the top to bottom and back again: by McCullough & Blake.
by snowshoes
Thu Oct 06, 2016 9:10 pm
Forum: Investing - Theory, News & General
Topic: Leon Cooperman on Hedge Fund future
Replies: 7
Views: 980

Re: Leon Cooperman on Hedge Fund future

I disagree A few that have traded on "inside information" have done well, I understand Trading on inside information is very lucrative until you get caught. Many whom have been caught, convicted, & sentenced, end up doing very well. Michael Milken in the late 80s for instance, his net ...
by snowshoes
Wed Oct 05, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my beat up car?
Replies: 69
Views: 7837

Re: Should I upgrade my beat up car?

Its finding that line. e.g. the plastic on the interior door handles is coming off and it sometimes will cut you if you open the door too quickly. Its not exactly a maintenance issue, but its also not a terribly good impression to have to warn people that the car might try to cut them. :P Thats wha...
by snowshoes
Wed Oct 05, 2016 9:12 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my beat up car?
Replies: 69
Views: 7837

Re: Should I upgrade my beat up car?

-deleted- edited below.
by snowshoes
Fri Sep 23, 2016 9:33 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

Just finished Johnathan Clements 2016 Money guide 2016; IMO: Outstanding read.
by snowshoes
Wed Sep 21, 2016 9:23 pm
Forum: Personal Consumer Issues
Topic: My "Corolla Investment" has ended...410,000 [miles]
Replies: 56
Views: 11991

Re: My "Corolla Investment" has ended...410,000 [miles]

well , while i admire the endurance and the dedication that is necessary to spend 410 k miles in an old compact car , frankly i couldn't do it unless i was dead broke ... i had an '09 MB E350 that served me well for seven years and 100 k miles,but somehow it felt too old and i traded it in for a 13...
by snowshoes
Wed Sep 21, 2016 9:09 pm
Forum: Investing - Theory, News & General
Topic: "Stocks have followed a rocky yet resilient path over the past 90 years."
Replies: 2
Views: 777

Re: "Stocks have followed a rocky yet resilient path over the past 90 years."

Thx for the reference to that link Gorden, I'm sure many here like myself rarely read the many pages of VGs analysts sound analysis. :happy
by snowshoes
Tue Sep 20, 2016 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 35606

Re: A car nicer than the boss?

I've committed the ultimate Boglehead sin, I have a boat that is nicer than my truck....but the truck doesn't bring me any sort of joy, while the boat is all smiles when I'm on the water. Do what you want - no one cares, I promise. If someone cares what you drive, either way on the price spectrum, ...
by snowshoes
Tue Sep 20, 2016 7:51 pm
Forum: Investing - Theory, News & General
Topic: American Funds claims to beat Index funds
Replies: 42
Views: 9125

Re: American Funds claims to beat Index funds

I agree with the sentiments of arcticpineapplecorp above, and other replies citing 10yrs as a short time frame for a LT analysis of future expectations that American funds are claiming. Talk is cheap.
by snowshoes
Fri Sep 16, 2016 10:59 pm
Forum: Investing - Theory, News & General
Topic: "Some Things I Know to be True"
Replies: 8
Views: 3178

Re: "Some Things I Know to be True"

Great insight, your endorsement of these insights is reinforcing. :happy
by snowshoes
Fri Sep 16, 2016 6:32 pm
Forum: Personal Investments
Topic: I have $3,000 to gamble
Replies: 71
Views: 11574

Re: I have $3,000 to gamble

Pajamas wrote:VGPMX
KCAP
LGCYO
Dick D wrote:Go buy 3000 lottery tickets! You did say gamble.
Some gamble with lotto, some with odds, data analysis & experience, etc. expecting a better outcome with equites, as you can see in the above posters. Some not at all. :D good luck to you!
by snowshoes
Fri Sep 16, 2016 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Medically Underwritten Immediate Annuity
Replies: 10
Views: 1668

Re: Medically Underwritten Immediate Annuity

Many annuity underwriters provider the same, precede with caution.
by snowshoes
Tue Sep 13, 2016 8:02 pm
Forum: Personal Consumer Issues
Topic: iOS 10 available today
Replies: 44
Views: 5032

Re: iOS 10 available today

""Serria" 0S " coming to Apple products this FRIDAY the 16th of Sept/2016. Its a new OS upgrade from EL Capitan 10.11.6. A full backup is suggested before you engage its download. Techies know better than I. Good luck!
by snowshoes
Fri Sep 09, 2016 9:07 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

Stigum's money market, 4E. by M Stigum & A. Crescenzi, very dry reading...
by snowshoes
Thu Sep 08, 2016 11:47 pm
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 236
Views: 39363

Re: "Factor investing"

Bogleheads: there are six "factors": Value, Low size, Low volatility, High yield, Quality and Momentum. According to MSCI (which provides data for the financial industry): "these factors are grounded in academic research and have solid explanations as to why they historically have pr...
by snowshoes
Thu Sep 08, 2016 6:06 pm
Forum: Investing - Theory, News & General
Topic: ["Wells Fargo Fined for Years of Harm to Customers"]
Replies: 129
Views: 14439

Re: "Wells Fargo Fined for Years of Harm to Customers"

This is just like individuals whom sign up for automatic bills, utilities, cable, internet or the like monthly withdrawals from their accounts, 9 times out of 10 their over billed. Barclays did whats claimed above to me, I fought them tooth and nail. They recognized it after 6 months of late charges...
by snowshoes
Wed Sep 07, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to Think About Money?
Replies: 39
Views: 5999

Re: How to Think About Money?

I'd add and suggest "The little book about Main St Money:21 Simple truths that help......./ by Clements and Bernstein might be good reading too!
by snowshoes
Sun Sep 04, 2016 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Bill 9 Months Later?
Replies: 15
Views: 4444

Re: Health Insurance Bill 9 Months Later?

I'd suggest negotiation, it's becoming the norm in the USA, as it is world wide. :happy
by snowshoes
Sat Sep 03, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Unethical to chase transfer bonuses?
Replies: 52
Views: 6380

Re: Unethical to chase transfer bonuses?

I don't think you should feel bad about this or that you are doing anything unethical. This is what is known as an "arm's length" transaction. They made the offer unsolicited by you and you accepted. There are no mitigating circumstances or "behind closed doors" side deals here....
by snowshoes
Wed Aug 31, 2016 7:43 pm
Forum: Personal Consumer Issues
Topic: 1993 Honda Accord Axle boot: premature failure need a remedy.
Replies: 28
Views: 5307

Re: 1993 Honda Accord Axel boot: premature failure need a remedy.

Your OP recognizes FACTORY PARTS lasted 15yrs initially, did they stop making them? I might have missed that .....
by snowshoes
Tue Aug 30, 2016 5:49 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

The Little Book of Main Street Money: 21 things to do to .... By J.Clements and W. Bernstein. A Very good read(imho)
by snowshoes
Fri Aug 26, 2016 7:03 pm
Forum: Personal Investments
Topic: international bond funds
Replies: 14
Views: 1710

Re: international bond funds

Vanguard Total Bond Mkt Index Adm // Vanguard Tot Intl Bond Ix Admiral
YTD 5.52% / 5.91% This is a CCP from the VG site today. You decide, its certainly more diversification.
by snowshoes
Mon Aug 22, 2016 8:07 pm
Forum: Investing - Theory, News & General
Topic: Maligned sectors
Replies: 7
Views: 1577

Re: Maligned sectors

Have a lump sum to invest. Which Vanguard sectors/funds/ETFs are beaten up this year? And not commonly discussed. For example oil is beaten up, but it's still pushed as a possible bargain. In other words I want to tilt away from growth & mass media talking points (FANGs, Tesla, oil) I plan to b...
by snowshoes
Sat Aug 20, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 69
Views: 7920

Re: Can I afford a new car?

No, you cannot.
by snowshoes
Fri Aug 19, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4871
Views: 1305392

Re: What Book Are You Currently Reading? Part VI

Quiet: The power of Introverts in a world that cannot stop :wink: yammering! by Susan Cain.
by snowshoes
Mon Aug 15, 2016 7:57 pm
Forum: Investing - Theory, News & General
Topic: "15 Investment Recommendations"
Replies: 8
Views: 1605

Re: "15 Investment Recommendations"

Great link as always! :happy Thanks Taylor!
by snowshoes
Sun Aug 14, 2016 7:49 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6226
Views: 1420919

Re: What Movie Have You Recently Watched?

DSKNECTD : About Hyper-IT-connectivity w/neuroscience themes...
by snowshoes
Fri Aug 12, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: Anyone else noticing the economy improving?
Replies: 78
Views: 7902

Re: Anyone else noticing the economy improving?

From what I am seeing; yes and no, but I think the macro long term trend is a bumpy ride down. With our current economic system, that is not concerned about improving the wages of the general population, the long term trend will inevitably be down. It is a race to the bottom, an evolutionary proces...
by snowshoes
Wed Aug 10, 2016 11:16 am
Forum: Personal Investments
Topic: Going short to negate going long [socially responsible investing]
Replies: 59
Views: 26543

Re: Going short to negate going long

Shorts deserve credit for being first at publicizing some celebrated frauds and flaws in public stocks. Enron is one recent example. Shorts aren't always right, but neither are all longs. What's crucial is the balance they bring to the markets. All investors should sleep better at night, knowing tha...
by snowshoes
Mon Aug 08, 2016 9:46 pm
Forum: Investing - Theory, News & General
Topic: "What Vanguard's Hire of a Wall Streeter Reveals.."
Replies: 8
Views: 2790

Re: "What Vanguard's Hire of a Wall Streeter Reveals.."

$3.4B asset manager Maybe the author's an old fashioned brit. 3.4T is correct, but outdated. Speed matters with any type millisecond liquidity provider. Competitive threats will be left by the side of the road! Todays markets are incredibly complex, dark pools, embed arbitrages, market providers pa...
by snowshoes
Mon Aug 08, 2016 9:00 pm
Forum: Investing - Theory, News & General
Topic: "What Vanguard's Hire of a Wall Streeter Reveals.."
Replies: 8
Views: 2790

Re: "What Vanguard's Hire of a Wall Streeter Reveals.."

A Wall Street insider was quoted years back saying: "We continue to invent things faster than the regulators can understand or regulate it. This unravels "us" on Wall Street billions. The industry makes a tremendous amount of money creating newer, and newer products! So said Harvey Pi...
by snowshoes
Mon Aug 08, 2016 1:16 am
Forum: Personal Investments
Topic: Brokers with a disclosure on Finra.
Replies: 3
Views: 675

Re: Brokers with a disclosure on Finra.

My sister met with a financial adviser who has his own company but is a broker/agent with Centaurus financial. The broker has 1 disclosure from 2007. A client charged that the adviser sold them unsuitable investments. I can't tell how it was resolved. There is a broker statement saying that the inv...
by snowshoes
Sat Jul 30, 2016 10:06 pm
Forum: Investing - Theory, News & General
Topic: What rate of return do you use when planning for retirement?
Replies: 178
Views: 35988

Re: What rate of return do you use when planning for retirement?

1% REAL. does this mean 1% return AFTER INFLATION is accounted for? if not, what is it? thank you My understanding is a estimate of 1% REAL = includes inflation, meaning it includes a suggested .gov inflation mean of X.XX%. My understanding is .gov's inflationary annual mean is close to 3.3% curren...
by snowshoes
Sat Jul 30, 2016 7:44 pm
Forum: Investing - Theory, News & General
Topic: Stock Screeners
Replies: 68
Views: 7403

Re: Stock Screeners

Do not discount researching a strategy thats centrally focused around a core indexed position, with a speculatatory tilt. I too need speculation, I choose value plays* or a singular play* recognizing its just that, pure speculation based on value (*equity) that cold go to zero at any time.
by snowshoes
Thu Jul 28, 2016 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Any retirees here who have been life-long renters?
Replies: 140
Views: 16812

Re: Any retirees here who have been life-long renters?

R.E transactions handled judiciously are always profitable. Good luck.
by snowshoes
Sun Jul 17, 2016 10:58 pm
Forum: Personal Consumer Issues
Topic: Whole life insurance at 86 and 84......
Replies: 1
Views: 407

Whole life insurance at 86 and 84......

I just learned that family "elders" recently(3yrs ago) purchased whole life from a funeral home to cover their funeral costs. A straight 20% of the cost went into the funeral homes pocket upon the sale of the contract by the insurance*/funeral* provider with the balance to be harvested by ...
by snowshoes
Fri Jul 15, 2016 8:59 pm
Forum: Investing - Theory, News & General
Topic: Do You Practice Ethical Investing?
Replies: 47
Views: 5172

Re: Do You Practice Ethical Investing?

soboggled wrote:
Tycoon wrote:Ethical Investing? I doubt it.

Whose ethics will I subscribe to?
Well, you could consult your conscience, that might work.
No, I do not.
by snowshoes
Wed Jul 06, 2016 11:33 pm
Forum: Personal Investments
Topic: International Stock has hurt me
Replies: 15
Views: 3391

Re: International Stock has hurt me

All investing is subject to risk, including possible loss of principal. You might explore US treasuries and CDs.