Search found 3072 matches

by CyberBob
Fri Feb 23, 2007 3:12 pm
Forum: Investing - Theory, News & General
Topic: STORY: "Value Has Held Sway Over Long Term"
Replies: 5
Views: 3279

Everyone Knows

I'm fully sold on the value premium...My only concern is that the relative valuations of value vs growth will narrow as people chase performance thus lowering the potential premium. That's definitely a concern. The value premium seems to be accepted as gospel by most people and if everyone is tilti...
by CyberBob
Fri Feb 23, 2007 12:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard International Index Funds Tax Data
Replies: 12
Views: 5197

Foreign Tax Credit

It's interesting to note that for 2006, the inability to take the Foreign Tax Credit with the Total International Stock Index fund cost you 0.16%.

So I guess that means that the actual 'Expense Ratio' for that fund isn't just its advertised 0.32%, but 0.32%+0.16% or a total of 0.48%
by CyberBob
Fri Feb 23, 2007 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Suggest a portfolio
Replies: 10
Views: 4415

An annuity wouldn't quite get her there, I don't think. I ran some numbers on that vanguard quick quote and it came out to about 1700 every 6 months. Were you using the Vanguard Lifetime Income Program immediate annuity? Just curious, because when I run a quote for a 63 year-old woman and $75k, it ...
by CyberBob
Fri Feb 23, 2007 11:43 am
Forum: Investing - Theory, News & General
Topic: S&P Launches National Home Price Index
Replies: 20
Views: 8549

National Price Index

http://img341.imageshack.us/img341/8965/homepriceindexlg5.jpg When you look at the national graph, it sure looks like the market is getting ahead of itself. Basically flat through the early '90's, and then Whoosh! From Q3 1987 to Q3 2006, the average annual national increase was 12.54%, much more t...
by CyberBob
Thu Feb 22, 2007 10:20 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 52
Views: 17550

A-Okay

Others have listed several reasons why you might not want to annuitize all of your investments. It may not be a logical reason to dislike annuities because after all they are paying you, but I think the thing that would bug me most would be giving up control of the money. Something about the finali...
by CyberBob
Thu Feb 22, 2007 9:48 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 52
Views: 17550

Single Vision

You stated what is probably the primry reason when you talked about leaving an inheritance. Some live a long life and the insurance company loses money on them. Some die immediately, and the insurance company makes money on these guys. Ah, then maybe I'm just looking at it from a different viewpoin...
by CyberBob
Thu Feb 22, 2007 8:15 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 52
Views: 17550

Why not just annuitize and be done with it?

So why even bother with asset allocation decisions and rebalancing and taxable vs. non-taxable and all of that at retirement? Why not just annuitize your portfolio and be done with it? The widely accepted safe withdrawal rate from a portfolio is 4%. But, I ran some numbers at Vanguard's Lifetime Inc...
by CyberBob
Thu Feb 22, 2007 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: 50 in 3 Days!
Replies: 10
Views: 4669

New Posts Since Your Last Visit

fire5soon wrote:I much prefer these boards over M*
The option of only seeing new posts since your last visit is especially nice!

Bob
by CyberBob
Thu Feb 22, 2007 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: poll: for the founding fathers/mothers... when pass M*?
Replies: 16
Views: 7496

M*

It does seem pretty quiet at M* over the last few days...
by CyberBob
Thu Feb 22, 2007 6:02 pm
Forum: Investing - Theory, News & General
Topic: Best Investments for a Socialist America
Replies: 7
Views: 3649

No Changes For Me

...avoid big sector bets..., because you really can't tell who would be a winner or loser. Rather, make sure you are broadly diversified... Whenever I get the urge to monkey with my portfolio, in the end I always seem to come to that same conclusion, which is why I just decided to own Total Market ...
by CyberBob
Thu Feb 22, 2007 5:54 pm
Forum: Investing - Theory, News & General
Topic: Paul Farrell - The second-grader starter portfolio
Replies: 8
Views: 5374

The Big Three

Bob - Good catch. Although the funds are the same, they do suggest different allocations. Actually, this deceptively simple portfolio is really just Taylor's 4-Fund Portfolio minus the Money Market fund. And Dan Solin has written an entire book on using differing percentages to construct your entir...
by CyberBob
Thu Feb 22, 2007 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: REIT in Vanguard Target Retirement Funds
Replies: 4
Views: 2759

Re: REIT in Vanguard Target Retirement Funds

simba wrote:Is there a reason why Vanguard does not include REIT?
They do include REIT's, just not as a separate fund. The Target Retirement funds all include the Total Stock Market Index fund, which holds REIT's in proportion to their market capitalization.

Bob
by CyberBob
Thu Feb 22, 2007 4:03 pm
Forum: Investing - Theory, News & General
Topic: Bernstein's Conservatism in "Four Pillars"
Replies: 33
Views: 17704

Re: 60/40 Rules!

I had a little hindsight bias with my previous comment. :) Me too. I still remember my first mutual fund investments. I was doing a $50 a month investment, which seemed like a lot back then. Then one day when my account finally totaled a staggering $500, a tiny bear cub market came upon me. I lost ...
by CyberBob
Thu Feb 22, 2007 3:52 pm
Forum: Investing - Theory, News & General
Topic: Best Investments for a Socialist America
Replies: 7
Views: 3649

Sweden

Sweden has outperformed the US. That's surprising since their tax rates seem so high: 60% - Top Personal Tax 28% - Corporate Tax 30% - Capital Gains Tax 25% - Value-Added Tax (VAT) 12% - VAT Tax on Food But I guess there's no free lunch. It seems Sweden may be going the other direction and a bit aw...
by CyberBob
Thu Feb 22, 2007 3:16 pm
Forum: Investing - Theory, News & General
Topic: Bernstein's Conservatism in "Four Pillars"
Replies: 33
Views: 17704

60/40 Rules!

...The end result is that I decided upon a 60/40 equity/bond portfolio. Me too, and for similar reasons such as a high savings rate and a simple lifestyle. I plan on keeping it that way possibly forever. To paraphrase Larry Swedroe, "Don't take any more risk than you need to." I do agree that just ...
by CyberBob
Thu Feb 22, 2007 3:01 pm
Forum: Investing - Theory, News & General
Topic: Best Investments for a Socialist America
Replies: 7
Views: 3649

Best Investments for a Socialist America

So I'm reading the transcript of a Hillary speech and noticed a lot of things in it such as nationalized health care and the 'taking' of Exxon profits to fund alternative fuel research. Overall, the speech seemed to me to be advocating a more socialist America. Now I'm no Chicken Little. I don't thi...
by CyberBob
Thu Feb 22, 2007 2:43 pm
Forum: Investing - Theory, News & General
Topic: Paul Farrell - The second-grader starter portfolio
Replies: 8
Views: 5374

The Diehard Portfolio

This portfolio sure gets around. In December it was written up at CBS Marketwatch as the Cold Shower Portfolio.

Bob
by CyberBob
Thu Feb 22, 2007 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: International: How small is small?
Replies: 3
Views: 2558

International Small-Cap

There definitely don't seem to be too many International Small-Cap offerings, especially since Vanguard closed their International Explorer fund, but for what it's worth, Paul Merriman of FundAdvice.com suggests the following for International Small-Cap holdings, even though he prefers index funds (...
by CyberBob
Thu Feb 22, 2007 2:06 pm
Forum: Investing - Theory, News & General
Topic: Dividends
Replies: 35
Views: 18351

Balanced Portfolio Yields

...a well balanced portfolio should throw off 4% or more fairly easily. Maybe not easily, depending on what you mean by balanced. For comparison, the current yields of some balanced Vanguard funds: 2.89% - Balanced Index Fund 2.81% - STAR Fund 2.96% - Wellington Fund 4.33% - Wellesley Fund (only 38...
by CyberBob
Thu Feb 22, 2007 1:57 pm
Forum: Investing - Theory, News & General
Topic: Do you own Tips or Tips funds?
Replies: 39
Views: 14943

No TIPS

by CyberBob
Thu Feb 22, 2007 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Suggest a portfolio
Replies: 10
Views: 4415

Vanguard Lifetime Income Program

I second Zhwiller's suggestion that an annuity may be the best solution in this case. A $75k nest-egg isn't going to throw off $5k a year without eating into the principal, which means a much more uncertain lifetime for the portfolio. Have you checked out Vanguard's Lifetime Income Program? It's an ...
by CyberBob
Tue Feb 20, 2007 3:27 pm
Forum: Investing - Theory, News & General
Topic: Bogle's New Book?
Replies: 20
Views: 10466

Little Books Trend

It seems that Little Books may be a new wave in publishing. Even the cover designs are almost identical. The Little Book That Beats the Market The Little Book of Value Investing The Little Book of Common Sense Investing And, of course, Dan Solin's lovely 3-fund tome The Smartest Investment Book You'...