Search found 13186 matches

by White Coat Investor
Thu Jul 12, 2007 11:51 pm
Forum: Investing - Theory, News & General
Topic: DIEHARDS VII PRELIMINARY ANNOUNCEMENT
Replies: 49
Views: 24116

Re: Good running town

cfs wrote:
This is a good place for running.

cfs
I'm just giving you a hard time. I'm curious as to why the Utah avatar if you live in San Diego.
by White Coat Investor
Thu Jul 12, 2007 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund
Replies: 9
Views: 2884

The point of an emergency fund isn't to eke out every last bit of return from it, but to have a stable principal value. Eventually your "emergency fund" will be a very small portion of your portfolio and having a small portion of your portfolio make 0.32% less than the rest won't affect your return ...
by White Coat Investor
Thu Jul 12, 2007 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Calling all young people...what is your Asset Allocation?
Replies: 66
Views: 22817

Re: ..

quidditchfan073 wrote:34 male

80/30
That's the portfolio I want. Instant 10% return.
by White Coat Investor
Wed Jul 11, 2007 11:17 pm
Forum: Investing - Theory, News & General
Topic: DIEHARDS VII PRELIMINARY ANNOUNCEMENT
Replies: 49
Views: 24116

Re: Welcome to Americas Finest City

cfs wrote:All Diehards, welcome to Americas Finest City [San Diego] !!!

Make sure you bring your running gear.

Thanks.
Why? Are there more muggers now that there has been a housing downturn?
by White Coat Investor
Wed Jul 11, 2007 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: A new low in personal finance
Replies: 26
Views: 8980

"Title" loans are new to you? You need to check out some of the areas around military bases offering "payday" loans. Interest rates can be close to 300%.
by White Coat Investor
Wed Jul 11, 2007 7:17 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX and VGTSX?
Replies: 7
Views: 2116

Re: Choices

Roger, I would look at Total Stock market index, Total Intl Stock Index, and Total Bond Index as a starting point. Laura If you add a sufficient quantity of small cap index to the above three funds, you should be able to get pretty darn close to the desired allocation. Use the morningstar x-ray fun...
by White Coat Investor
Tue Jul 10, 2007 10:19 pm
Forum: Investing - Theory, News & General
Topic: Poll: How Long Will Your Emergency Fund Last?
Replies: 13
Views: 3486

goosecat wrote:At a certain level of net worth... As long as one's investments can withstand a huge crash (say 50%) and still have enough for an emergency, then one doesn't really need an emergency fund.
These people should answer ">36 months," unless they are financially independent.
by White Coat Investor
Tue Jul 10, 2007 10:18 pm
Forum: Investing - Theory, News & General
Topic: Poll: How Long Will Your Emergency Fund Last?
Replies: 13
Views: 3486

United wrote: I have no emergency fund, but I do have assets that I can live off of for years. Should I have voted no emergency fund? Or should I have voted a long time? EmergeDoc wrote: A long time. EmergDoc: That was a very confusing answer. Because it implies that any liquid or even semi-liquid ...
by White Coat Investor
Tue Jul 10, 2007 10:06 pm
Forum: Investing - Theory, News & General
Topic: Poll: How Long Will Your Emergency Fund Last?
Replies: 13
Views: 3486

United wrote:I have no emergency fund, but I do have assets that I can live off of for years. Should I have voted no emergency fund? Or should I have voted a long time?
A long time.
by White Coat Investor
Tue Jul 10, 2007 9:46 pm
Forum: Investing - Theory, News & General
Topic: Poll: How Long Will Your Emergency Fund Last?
Replies: 13
Views: 3486

Poll: How Long Will Your Emergency Fund Last?

With apologies to the original thread's OP, I thought his question would make a good poll. How long (in months) will the money you consider your emergency fund last you if you had no other source of income?
by White Coat Investor
Tue Jul 10, 2007 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: How long does your emergency fund last?
Replies: 6
Views: 1551

This would have made a good poll. I'm going to hijack this thread by starting another one with a poll. I hope that's OK with the OP. :D
by White Coat Investor
Tue Jul 10, 2007 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: How long does your emergency fund last?
Replies: 6
Views: 1551

2 months. Then another 12 months by withdrawing Roth contributions.
by White Coat Investor
Tue Jul 10, 2007 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Am I right about this? Please point out the error.
Replies: 22
Views: 5834

Orion wrote:Do you get a choice when buying at auction?
Maybe I should have phrased that differently. The data posted on another thread seemed to indicate one would have the choice, I suppose that isn't at the initial auction.
by White Coat Investor
Tue Jul 10, 2007 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Am I right about this? Please point out the error.
Replies: 22
Views: 5834

A related issue, if anyone is still reading, is this: How best can one minimize the risk of losing money on TIPS secondary to high inflation + tax effects? For instance, if I were to buy TIPS at auction, would it be better to buy the higher priced, but higher coupon TIPS or the lower priced but lowe...
by White Coat Investor
Tue Jul 10, 2007 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: going to med school in the fall, need financial advice
Replies: 18
Views: 4854

Re: Here Goes

So it is time for the ME generation to go to medical school. 1. How can I hide my portfolio so that I can get a student loan that some needy student without a portfolio could better use. 2. Let's see if you can find someway to qualify for low income housing that might house a poor family. 3. I'm su...
by White Coat Investor
Tue Jul 10, 2007 11:18 am
Forum: Investing - Theory, News & General
Topic: Bogle and TAA?
Replies: 6
Views: 2029

I think he talks about it in Common Sense on Mutual Funds, pages 66-67: "There is a third option, but only for the bold and self-confident investors. It does not abandon the "stay the course" principle, but it allows for a mid-course correction if stormy weather threatens on the horizon. If rational...
by White Coat Investor
Tue Jul 10, 2007 11:11 am
Forum: Investing - Theory, News & General
Topic: Drive Free Retire Rich - Dave Ramsey
Replies: 88
Views: 32578

I bought a Nissan Altima, 3 years old, 20K miles in 2004 at $8500. They're out there. I think they were selling new that year for about twice that. That's 3 years ago. Have you looked lately? They're closer to 12 and higher. Gotta love inflation. (I also confess to buying at auction.) Also, Altimas...
by White Coat Investor
Tue Jul 10, 2007 12:30 am
Forum: Investing - Help with Personal Investments
Topic: short vs. intermediate term bonds
Replies: 20
Views: 6986

Re: Treasuries and Taxes

Larry (and others), I don't want to drag this too far off topic but ramblinwreck brought up some funds I own in a Roth and I've wondered about a treasury index (VFISX) versus a short term bond index that contains corporates (VBISX). I know you pay a premium in the form of lower yields on treasuries...
by White Coat Investor
Mon Jul 09, 2007 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in energy efficiency
Replies: 5
Views: 1507

Re: It all varies...

When I was in Brazil they actually had the hot water heater built into the shower head. It was OK and only produced lukewarm water. The best part was that it was wired up with bare exposed wire with missing wire nuts all around that water spraying down on me. I figure I only live once and gave it a...
by White Coat Investor
Mon Jul 09, 2007 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: going to med school in the fall, need financial advice
Replies: 18
Views: 4854

Hmmmm....extra money and going to medical school. Here are some things to think about: 1) An emergency fund. How much do you need? Hard to say, but you would be wise to figure this out. Many people living on loans run out of money in April and it would behoove you to have a little something to make ...
by White Coat Investor
Mon Jul 09, 2007 11:34 pm
Forum: Investing - Theory, News & General
Topic: Different personal savings rates, which one is standard?
Replies: 26
Views: 9766

This is not savings. It is consumption. Now the method of subtracting out the remainning principle of a loan each year, would still result in this guy saving "1k" a year right? LH I probably just didn't explain my thought process very well. In your example, let's say Joe Carbuyer has an income of 5...
by White Coat Investor
Mon Jul 09, 2007 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Refi home equity into market?
Replies: 30
Views: 10432

I consider my money in three different "buckets": 1) Retirement bucket 2) Children's college bucket 3) House bucket There was a time when the house bucket was money being saved for a downpayment. Now that I own a home, it is money being put toward the mortgage principal. I hope to own a home free an...
by White Coat Investor
Mon Jul 09, 2007 11:15 pm
Forum: Investing - Theory, News & General
Topic: Grandma: Child of Great Depression
Replies: 13
Views: 3103

Dale_G wrote:You might take a look at some depression era photographs to get a better understanding of your grandmother's position.

For instance see: http://www.english.uiuc.edu/maps/depres ... oessay.htm

No TV, cell phones or $100 sneakers there.

Dale
Enjoyed the link. Thanks.
by White Coat Investor
Sun Jul 08, 2007 10:48 pm
Forum: Forum Issues and Administration
Topic: Does anybody have a better idea ?
Replies: 16
Views: 6961

Re: Does anybody have a better idea ?

Big Al wrote:*
I am a long time reader of the original Diehard forum. I go there by way of dial-up.

Does anybody have a better idea ?
Yes. Fork out the dough for cable internet. Easily the best money I spend a month. You'll never go back.
by White Coat Investor
Sun Jul 08, 2007 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Sholuld I cash in my whole life policies
Replies: 33
Views: 12011

Re: 1035 Exchange:

If your policy surrender values are lower than your basis (premium payments) you might want to explore a 1035 exchange to a no-load low cost Variable Annuity. See Just say no to no cash values for a primer on the strategy. regards, Thanks for posting that. Just out of curiosity, since my basis is $...
by White Coat Investor
Sun Jul 08, 2007 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: questions to ask a real estate person
Replies: 10
Views: 2998

"Can I get the names and phone numbers of the last three people you worked with?"
by White Coat Investor
Sun Jul 08, 2007 8:37 pm
Forum: Investing - Theory, News & General
Topic: Conversion option on ARM?
Replies: 4
Views: 1743

Fix it at 7.25% and remember not to buy an ARM that lasts longer than you plan to be in the house next time. Seems you're just as likely to end up with a 9%+ mortgage as to get back to something reasonable anytime soon.
by White Coat Investor
Sun Jul 08, 2007 8:34 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman - Roth conversion a dumb idea
Replies: 44
Views: 19908

Re: Roth

With a Roth you can pass it down to heirs at a stepped-up cost basis and it will get distributed over their actuarial estimated lifespan. . This statement is a bit misleading. There is no step-up in Basis in an inherited Roth because there was no basis in the first place. As I understand it, it sim...
by White Coat Investor
Sun Jul 08, 2007 8:28 pm
Forum: Investing - Theory, News & General
Topic: FTSE All-World ex-US now in M* X-ray
Replies: 9
Views: 3183

Like that yield.
by White Coat Investor
Sun Jul 08, 2007 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Sholuld I cash in my whole life policies
Replies: 33
Views: 12011

I was about ready to cash mine out but then NorthWestern sent out a notice indicating they were going to start increasing the cash value by 6+%, so I decided to leave it for now (all $1100 of it. :D :lol: )
by White Coat Investor
Sun Jul 08, 2007 8:22 pm
Forum: Investing - Theory, News & General
Topic: Drive Free Retire Rich - Dave Ramsey
Replies: 88
Views: 32578

Well, thanks for all the replies to my question about finding japanese cars nissans, hondas, toyotas etc. 2-3 years old for resale at a worthwhile discount. I think 3-4 bogleheads replied, and all had my experience of failure at finding this car, and bought new instead. I feel much better at having...
by White Coat Investor
Sat Jul 07, 2007 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Which online broker should I use?
Replies: 46
Views: 14703

I don't have any specific plans for the money. Then it doesn't much matter what you do with it. PM me for my address and you can send the check. :D Seriously though, without at least some sort of goal, investing is merely entertainment. If nothing else, I'm sure you'd like to retire someday. Why do...
by White Coat Investor
Sat Jul 07, 2007 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Plse Help Newbie Design "Best of" DFA & VG Tot
Replies: 6
Views: 2446

If you're going to pay extra for DFA, you might as well use DFA. Most of us think they have quite good funds, we just question whether they're quite good enough to justify the management fees. So you could have the Roth and the taxable account with DFA. However, the main thing your investing strateg...
by White Coat Investor
Fri Jul 06, 2007 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Which online broker should I use?
Replies: 46
Views: 14703

What are you investing for? Next year's tuition? A car? A first house? Retirement? A child's college tuition? If you do not decide on this step it is difficult to move on to the next one. At this stage it honestly doesn't matter much what you invest in. Your return won't have much effect in the long...
by White Coat Investor
Fri Jul 06, 2007 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Question on Stocks/Bonds percentage vs Time
Replies: 15
Views: 3738

I think it is a reasonable option that you have outlined. The important thing is to HAVE A PLAN and FOLLOW IT.

Good luck investing.
by White Coat Investor
Fri Jul 06, 2007 7:45 pm
Forum: Investing - Theory, News & General
Topic: Equity style rotation
Replies: 550
Views: 178376

Equity Style wrote:
For what its worth Ben Stein is Bullish on Reits, except for the next 18 months. Ben Stein is not a herd follower.

Equity Style
No, but we've established that his recommended portfolio changes every month or so. Will yours?
by White Coat Investor
Fri Jul 06, 2007 5:00 pm
Forum: Investing - Theory, News & General
Topic: Ferri's 20/20/20/20/20 or market weight for foreign holdings
Replies: 6
Views: 2097

I've thought about that approach. The main downside in my opinion is the added complexity.
by White Coat Investor
Fri Jul 06, 2007 4:57 pm
Forum: Investing - Theory, News & General
Topic: Equity style rotation
Replies: 550
Views: 178376

Re: Emerging Doc -- Reits

I called 3 different people last night from different realms of investment. One is an AG Edwards Agent, One is a fee only advisor, and one is a European banker. They were all unanonymous that Reits in the U.S. are heading down in the next 18 months . I have learned that when most investors are bear...
by White Coat Investor
Fri Jul 06, 2007 8:38 am
Forum: Investing - Theory, News & General
Topic: Drive Free Retire Rich - Dave Ramsey
Replies: 88
Views: 32578

Re: Paying cash for a nice car

Driving a beater is not a way of life. Once you do this a few times, you are able to build some serious wealth by avoiding paying interest. At that point, you can pay cash for a really nice car. Eventually, you can pay cash for whatever you want to drive. So, I think we should not get in the mental...
by White Coat Investor
Thu Jul 05, 2007 3:55 pm
Forum: Investing - Theory, News & General
Topic: Equity style rotation
Replies: 550
Views: 178376

EmergDoc I hope you are not going to lose your hard earned money "betting" on REITS. However, you did give my a good idea. If I am certain that REITS are going down, then I should sell the Vanguard Index short. Also one of my friends who is an investment advisor is placing a put option on Reits. I ...
by White Coat Investor
Thu Jul 05, 2007 12:42 pm
Forum: Investing - Theory, News & General
Topic: Valuations Matter! Now what?
Replies: 66
Views: 20508

Re: Valuations Matter! Now what?

It seems the vast majority believe valuations matter. So my questions are... 1) What valuation metric do you use? 2) Is the US equity market currently under, fairly, or over valued? 3) What action will you take based on valuations? Mike 1) I don't use them. They matter, but there is very little pra...
by White Coat Investor
Thu Jul 05, 2007 12:38 pm
Forum: Investing - Theory, News & General
Topic: Keep it all at Vanguard or open a Discount Brokerage acct?
Replies: 22
Views: 7235

I anticipate opening a brokerage account at some point in the future. It will depend on how much I have with Vanguard at the time as to whether I go to a discount brokerage or not. I anticipate using it for my taxable investments (I think I'll probably hold Vanguard TSM ETF, Vanguard Emerging Market...
by White Coat Investor
Thu Jul 05, 2007 11:47 am
Forum: Investing - Theory, News & General
Topic: Poll: Do Valuations Matter
Replies: 33
Views: 9615

I wrote an article Real Returns versus P/E10 . Here are the results of that study: Period R-Squared 5-year 0.17 10-year 0.29 15-year 0.55 20-year 0.61 25-year 0.39 30-year 0.22 So it appears that valuations matter most for holding periods of 15- and 20-year periods. Conversely, valuations matter le...
by White Coat Investor
Thu Jul 05, 2007 11:08 am
Forum: Investing - Theory, News & General
Topic: Equity style rotation
Replies: 550
Views: 178376

First, to the person who wants to know what is going to happen to REITS. I will give you a more distinct answer. REITS will go down for at least 18 months. You will continue to see lower highs and lower lows as it moves down. Putting money in REITS now is just throwing your money away. Now we're ta...
by White Coat Investor
Thu Jul 05, 2007 10:28 am
Forum: Investing - Theory, News & General
Topic: Poll: Do Valuations Matter
Replies: 33
Views: 9615

Re: Poll: Do Valuations Matter

This poll does NOT deal with the implications of “valuations matter” it asks only if you believe that valuations do matter. If you believe that the current stock valuations affect future expected returns, then you believe that valuations matter and should answer, Yes. If you do not believe that cur...
by White Coat Investor
Thu Jul 05, 2007 9:16 am
Forum: Investing - Theory, News & General
Topic: Drive Free Retire Rich - Dave Ramsey
Replies: 88
Views: 32578

Contrast this with someone who buys a $2000 beater economy car. He easily pays cash for it. He drives it for 5 years, pouring say $1500 worth of repairs into it. Uh. No. Not likely, at all. Your $2000 beater will need at least $3000 in repairs. Getting 5 years out of it is also quite the long shot....
by White Coat Investor
Wed Jul 04, 2007 11:04 pm
Forum: Investing - Theory, News & General
Topic: Morningstar Indexes 2007
Replies: 6
Views: 1912

Re: When Active Met Passive: the expected conclusion

To properly evaluation the ability of active large-growth managers to beat the index, it is necessary to do a fair comparison. Since the average large-growth fund has a style box of 6 27 49 1 4 10 1 1 1 the appropriate benchmark for large growth is this a combination of indexes, with only half the ...
by White Coat Investor
Wed Jul 04, 2007 10:46 pm
Forum: Investing - Theory, News & General
Topic: Different personal savings rates, which one is standard?
Replies: 26
Views: 9766

I never thought of including mortgage principal payments in the numerator. Me either. I think EmergDoc even included other debt payments in the numerator of his calculation. I'm assuming those other debt payments are education-related rather than credit card debt. I know there are some that think o...
by White Coat Investor
Wed Jul 04, 2007 4:31 pm
Forum: Investing - Theory, News & General
Topic: Drive Free Retire Rich - Dave Ramsey
Replies: 88
Views: 32578

Zander wrote:Following this line of thinking to its logical conclusion, if one lives in a tent on a street corner in , they would also be much richer. I mean, jeez, no rent or mortgage to pay. Wow! you could retire so much earlier if you were willing to be homeless for a few years!!
Moderation in all things.
by White Coat Investor
Wed Jul 04, 2007 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA as an Emergency Fund?
Replies: 30
Views: 11447

EmergDoc wrote: However, if one is going to use the Roth as an emergency fund, one should hold it in relatively safer assets than he otherwise would. Or at least hold a less aggressive asset allocation. All previous points make sense. The final paragraph contradicts the OP goal of projecting better...