Search found 342 matches

by snowshoes
Wed Jul 06, 2016 10:41 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4882
Views: 1306314

Re: What Book Are You Currently Reading? Part VI

Telecommunications cost mgt : by W.Yarberry, B.DiMarisco & T.Phelps.
by snowshoes
Fri Jul 01, 2016 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: HSBC Treating me like a Criminal
Replies: 62
Views: 7086

Re: HSBC Treating me like a Criminal

Suppose you sold a house, car, boat, etc. For Cash . Hold your head up and show them the door, or comply. Some roll over, some stand their ground. The latter usually feel better.
by snowshoes
Fri Jul 01, 2016 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: HSBC Treating me like a Criminal
Replies: 62
Views: 7086

Re: HSBC Treating me like a Criminal

I would definitely walk. X2 Vote with your funds! That works in mass'. HSBC http://www.bloomberg.com/news/articles/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord amongst others have & will do something like this conviction when theres money to make. These days "iirc"...
by snowshoes
Tue Jun 28, 2016 3:52 am
Forum: Investing - Theory, News & General
Topic: At what point do we market time?
Replies: 87
Views: 9626

Re: At what point do we market time?

I quote a wise old bird:" Let us fallback on the principle that when any rule, policy, guidline or formula becomes a substitute for rational thought rather than an aid to thinking, its then dangerous and should be discarded". At that point perhaps we might market time or rebalance if we ha...
by snowshoes
Sun Jun 26, 2016 11:48 pm
Forum: Personal Investments
Topic: which ETF or ISHARE are the best performing for oil
Replies: 14
Views: 1497

Re: which ETF or ISHARE are the best performing for oil

To bring this thread back up since 1/20/16, near its OPs inquiry on 2/01/16, VGENX has returned close to 17% speculating.
by snowshoes
Sun Jun 26, 2016 8:49 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4882
Views: 1306314

Re: What Book Are You Currently Reading? Part VI

I'm back to "100 Baggers by Cris Mayer", it was published in 2015.
by snowshoes
Thu Jun 23, 2016 10:14 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4882
Views: 1306314

Re: What Book Are You Currently Reading? Part VI

Spotting Global Value: How to spot Bubbles, Crashes, and value/ etc. by Mebane Faber
by snowshoes
Wed Jun 22, 2016 10:49 pm
Forum: US Chapters
Topic: Happy Birthday, Mel! Boglehead #2.
Replies: 41
Views: 6985

Re: Happy Birthday, Mel! Boglehead #2.

Happy Birthday ML, you and TL remind me of Batman & Robin, saving the day for investors wise enough to DIY. Now, which ones Batman, and which ones Robin, thats the question, both wore masks. :P KaaBOOM!
by snowshoes
Wed Jun 22, 2016 10:40 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 476
Views: 93546

Re: TIPS - Did you give up?

FWIW abuse368, my understanding is that prevailing rates dictate inflations levels & direction. Some global rates are experiencing negative returns. I see deflationary concerns on the horizon believing markets are close to the peak of a business cycle. Remembering "markets can stay irration...
by snowshoes
Tue Jun 21, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 476
Views: 93546

Re: TIPS - Did you give up?

I'm not very articulate, but Paul Volcker reigned in inflation in the late 70s-80s. I've read a lot on it. The USAs government then reworked its inflationary calculation methods several times to fit its own wants, needs and means. Inflation usually mirrors prevailing rates, remember when 12%+ was b...
by snowshoes
Tue Jun 21, 2016 10:29 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 476
Views: 93546

Re: TIPS - Did you give up?

I'm not very articulate, but Paul Volcker reigned in inflation in the late 70s-80s. I've read a lot on it. The USAs government then reworked its inflationary calculation methods several times to fit its own wants, needs and means. Inflation usually mirrors prevailing rates, remember when 12%+ was be...
by snowshoes
Tue Jun 21, 2016 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: google phone/vanguard security
Replies: 7
Views: 1201

Re: google phone/vanguard security

I'd never think thats secure, have you read its uses fine print?
by snowshoes
Tue Jun 21, 2016 9:00 pm
Forum: Investing - Theory, News & General
Topic: Why You Shouldn't Do International Stocks?
Replies: 60
Views: 11062

Re: Why You Shouldn't Do International Stocks?

International funds aren't essential, but they will increase your diversification and are quite likely to increase your returns as well. Consider international investing offers a whole world of opportunity that's available at relatively low cost. To many investors I know, that is a great deal. I bel...
by snowshoes
Fri Jun 17, 2016 9:53 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 10 — Economic Growth and Stock Dilution
Replies: 17
Views: 2762

Re: Classic Bernstein 10 — Economic Growth and Stock Dilution

Say a company returns 10% in one year, before dilution. The company capitalizes equity and awards new shares, causing a dilution "slippage" at the average rate of 2%. The total diluted return is 9.8%. Is this correct? 2.0000% slippage/dilution estimate -minus- 10.0000% ROI = A 8.0000% est...
by snowshoes
Thu Jun 16, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: "How to Make Your Money Last" -- A Gem
Replies: 43
Views: 14380

Re: "How to Make Your Money Last" -- A Gem

Thank you Taylor, particularly for the list of its points you found noteworthy.
by snowshoes
Sat Jun 11, 2016 9:41 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6240
Views: 1422115

Re: What Movie Have You Recently Watched?

The Unbelievers ..by R.Dawkins, L.Krauss, R.Hawking.
by snowshoes
Thu Jun 09, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: New JB interview [John Bogle says industry needs to change]
Replies: 11
Views: 2230

Re: "Jack Bogle says mutual fund industry needs to change"

To really examine the markets over the years they've been evolving since there inception as you know TL. The equity markets in the USA and its providers rented the ATT wires* way back when the telephones inception accelerated trading informations exchange. Trading was different, size, classes of sha...
by snowshoes
Wed Jun 08, 2016 12:48 am
Forum: Investing - Theory, News & General
Topic: At what point do we market time?
Replies: 87
Views: 9626

Re: At what point do we market time?

There are low volatility stock funds that could withstand a market crash pretty handily, so why not substitute those? Reminds me of late 1999 when I correctly predicted that AMZN would peak, sold it all and put it into "safe" GE, which went on to lose about as much as AMZN did. There's no...
by snowshoes
Mon Jun 06, 2016 8:54 pm
Forum: Investing - Theory, News & General
Topic: T-Mobile free stock for customers
Replies: 24
Views: 4477

Re: T-Mobile free stock for customers

As always LGeek has outstanding supplemental info! thx!
by snowshoes
Sun Jun 05, 2016 7:47 pm
Forum: Investing - Theory, News & General
Topic: Biggest investing myths
Replies: 39
Views: 5298

Re: Biggest investing myths

That one plays the market , as one might play the ponies, or play the numbers a racket the US spent vast amounts of treasure and blood to eradicate PJW :wink: I'd modify that statement a bit to "acquire" & repurpose, as in the many Lotto "plays" nationwide. Its a .gov number...
by snowshoes
Sat Jun 04, 2016 1:58 pm
Forum: Investing - Theory, News & General
Topic: When a fiduciary is not acting in your best interest...
Replies: 39
Views: 3990

Re: When a fiduciary is not acting in your best interest...

Lets not forget Upton Sinclair's insights - It is difficult to get an man to understand "or comply"(imo) with something when his salary depends upon his not understanding it. Face it the penalties pale in comparison to the rewards.
by snowshoes
Fri Jun 03, 2016 10:31 pm
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 51
Views: 15068

Re: Thank you Taylor Larimore

Yes, TL, a man amongst men helping mankind understand simplicities benefits, vs complexities truisms.
by snowshoes
Wed Jun 01, 2016 9:16 am
Forum: Personal Consumer Issues
Topic: "starter" vs "regular" home
Replies: 47
Views: 5975

Re: "starter" vs "regular" home

Waren Buffet is a successful investor & market timer in his home since 1958, he's not the norm, he buys value! :happy
by snowshoes
Thu May 26, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4882
Views: 1306314

Re: What Book Are You Currently Reading? Part VI

100 Baggers: Stocks that return 100 to 1..by Chris Mayer. Advocating buy and hold, buying right, time in the market, and timing the market. :happy
by snowshoes
Fri May 20, 2016 7:23 pm
Forum: Personal Consumer Issues
Topic: Is $2000 reasonable for bathroom permits?
Replies: 22
Views: 5105

Re: Is $2000 reasonable for bathroom permits?

Remodeling a bathroom should not require costly municipal or any other permits if no changes, only upgrades are involved. JMO
by snowshoes
Fri May 20, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 44500

Re: Is there a such thing as a blue collar Boglehead?

In my experience, blue-collar and even middle-class perspectives are not often welcomed on this site. The assumption from many posters seems to be that anyone who is smart and hard-working should be wealthy, and those who are not wealthy are lacking something. I have to agree with you, there certai...
by snowshoes
Thu May 19, 2016 10:22 pm
Forum: Personal Consumer Issues
Topic: Emergency Preparedness
Replies: 75
Views: 9484

Re: Emergency Preparedness

B.O.B/BugOutBag. The I95 Atlantic corridor would yield a premium amount of casualties, as wound the CA coast. Be prepared. A :wink: 'well' articulated answer above mine also!
by snowshoes
Thu May 12, 2016 9:13 pm
Forum: Investing - Theory, News & General
Topic: Marketwatch article: I dissected the S&P 500
Replies: 22
Views: 2838

Re: Investing in the 50 largest U.S. companies

Interesting. I never realized that 50 companies make up half the index. So someone following Buffett's advice that is frequently posted here to just use a S&P 500 fund would have half of their money in 50 stocks. In_reality: Investors can easily do much worse than have half their money invested...
by snowshoes
Sun May 08, 2016 10:34 pm
Forum: Personal Consumer Issues
Topic: Buying a house for an adult child (child adult?)
Replies: 94
Views: 12246

Re: Buying a house for an adult child (child adult?)

Not advised, your right, common sense. Good luck!
by snowshoes
Sun May 08, 2016 10:13 pm
Forum: Investing - Theory, News & General
Topic: Why invest in consumer defensive
Replies: 15
Views: 2029

Re: Why invest in consumer defensive

Its a tilt :happy ...good luck!
by snowshoes
Sun May 08, 2016 8:31 pm
Forum: Personal Consumer Issues
Topic: Tips for Selling Bedroom Set
Replies: 27
Views: 6216

Re: Tips for Selling Bedroom Set

Like with financial products its a "sunk cost-tuition". I once paid 5k for the latest and greatest furniture set from Levitz furniture. It ended up being refused by the rubbish collection operation, and it was 9/10ths fine.
by snowshoes
Sun May 08, 2016 9:55 am
Forum: US Chapters
Topic: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016
Replies: 52
Views: 7532

Re: Happy Birthday Mr. Bogle! May 8, 2016

Its not often anyone in the financial industry does whats right, its usually both a conflict of interest and human nature overcomes fiduciary responsibility. I'd venture to claim you were that beacon of light doing whats right in a turbulent sea of all the rest of the financial services industry. Yo...
by snowshoes
Sat May 07, 2016 10:12 pm
Forum: Personal Consumer Issues
Topic: Financial Movies and Shows
Replies: 80
Views: 8289

Re: Financial Movies and Shows

House of Lies: Gods of Dangerous Financial Instruments: an AMZN series.
by snowshoes
Wed May 04, 2016 4:40 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4882
Views: 1306314

Re: What Book Are You Currently Reading? Part VI

Supermoney : by Adam Smith, A advocate of free markets and the invisible hand, he quotes "Do what you do best and trade for the rest". Smith advocates that the UKs "Bailout" of the East India Trade co., being to big to fail in 1773 with its governmental Tea TAX allowances on the...
by snowshoes
Mon May 02, 2016 8:17 pm
Forum: Investing - Theory, News & General
Topic: Jessie Livermore on indexing
Replies: 3
Views: 1100

Re: Jessie Livermore on indexing

Thank you for those links & information susze :D
by snowshoes
Thu Apr 28, 2016 3:28 am
Forum: Personal Investments
Topic: Is changing career paths to make less money ever a smart move?
Replies: 26
Views: 3279

Re: Is changing career paths to make less money ever a smart move?

I wouldn't gamble my future on $500k savings at your age. You need to maximize your earnings/savings now. Unless you were born financially Independent of course. 180kx5 might be your life's peak earnings. Many become incarcerated longer for schemes making less. The tenor on this board is confusing ...
by snowshoes
Tue Apr 26, 2016 8:21 pm
Forum: Investing - Theory, News & General
Topic: The Economy and the Stock Market
Replies: 4
Views: 958

Re: The Economy and the Stock Market

This link might be helpful http://www.bloombergview.com/articles/2016-01-22/stock-exchanges-data-fees-harm-investors . My view is the SEC simply oversees these the many markets mechanics & operations. Writing the reports when something goes wrong. Josh Brown, Barry Ritholtz, and a few others hav...
by snowshoes
Mon Apr 25, 2016 11:27 pm
Forum: Personal Consumer Issues
Topic: Help Buying First Car
Replies: 31
Views: 3024

Re: Help Buying First Car

Don't automatically get it in your head that "buying with cash is the cheapest". At one time that was likely true, but as our economy has become more and more debt-based and debt-driven more and more people have figured out how to make "debt" work for them. I have not, I'd rather...
by snowshoes
Mon Apr 25, 2016 8:13 pm
Forum: Investing - Theory, News & General
Topic: Social Security loopholes closed
Replies: 19
Views: 3416

Re: Social Security slashed again!

[OT comment removed by moderator triceratop]
The Wizard wrote:The change in SS filing rules has been well documented here by Mike Piper and others...
I must agree, I purchased many of Mikes first publication to distribute.
by snowshoes
Sat Apr 23, 2016 9:09 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6240
Views: 1422115

Re: What Movie Have You Recently Watched?

Silenced: on Amazon. The movie "Enemy of the State" comes to mind.
by snowshoes
Thu Apr 21, 2016 9:51 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4882
Views: 1306314

Re: What Book Are You Currently Reading? Part VI

The Third Wave : by Steve Case/AOLs founder....
by snowshoes
Thu Apr 21, 2016 12:25 pm
Forum: Personal Investments
Topic: What do you wish you had known in your early 20's?
Replies: 46
Views: 11047

Re: What do you wish you had known in your early 20's?

Even in the U.S., where the wish for a stable currency is strong, the dollar has fallen a staggering 86% in value since 1965, when I took over management of Berkshire. It takes no less than $7 today to buy what $1 did at that time. Consequently, a tax-free institution would have needed 4.3% interest...
by snowshoes
Wed Apr 20, 2016 7:37 pm
Forum: Investing - Theory, News & General
Topic: Did Rick Ferri sell his firm?
Replies: 21
Views: 8834

Re: Did Rick Ferri sell his firm?

Thanks for The ETF Book: All You Need to Know About Exchange-Traded Funds, Rick.
by snowshoes
Wed Apr 20, 2016 7:17 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6240
Views: 1422115

Re: What Movie Have You Recently Watched?

Brain Games: by Cris Young on AMZN prime. Context is everything. The Central Banking Conspiracy: by Richard Syrett, also on AMNZ prime. Good luck!
by snowshoes
Sat Apr 16, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: "Bogle's Folly"
Replies: 30
Views: 7885

Re: "Bogle's Folly"

Great link Taylor! I still suspect the .gov's new fiduciary policies and guidelines will be toothless to say the least and was just for appearances.
by snowshoes
Tue Apr 12, 2016 6:30 pm
Forum: Personal Investments
Topic: Selling stock
Replies: 15
Views: 1740

Re: Selling stock

I'll suggest expecting one thing if your using the VG brokerage platform. IME, you'll get near the highest days price buying, or the lowest days price selling lots under 500 if you use market orders anytime of day with the VG brokerage platform. :) The way that is written, it reads like you have tr...
by snowshoes
Tue Apr 12, 2016 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: CPA pricing and physical location
Replies: 41
Views: 3545

Re: CPA pricing and physical location

Do you want the firm with the ornate spiral knurled walnut staircases leading to the the tax library you help pay for, or the one working from a home office. Both sign your return with what guarantees?