Search found 3692 matches

by Leif
Fri Jul 17, 2015 6:15 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1014
Views: 231739

Re: Tesla S

New "ludicrous mode" for the S (0-60 in 2.8 seconds). 90 kWh for increased range (nearly 300 miles). Now 762 horses.

Image

http://finance.yahoo.com/news/tesla-add ... nance.html
by Leif
Thu Jul 16, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: Where do you put your cash?
Replies: 73
Views: 14965

Re: Where do you put your cash?

I guess I am not a fan of cash. Over my 14 years of retirement, cash has averaged less than 2% of the portfolio - and today it amounts to less than 0.6%. I just can't get my head around loaning (or storing) cash for an expected return less than the rate of inflation. Dale If you are retired I guess a lot depends on how much steady cash flow you received. If SS and/or pension gives say 90% of your typical use, and you don't have too much variable use (car purchase, traveling), then cash on hand is of little importance. This is just a general observation. I don't know your particular situation. I'm not retired, but when I do I expect to have about 50% income and 50% savings/investment to cover spending. I feel a bit better at least starting ...
by Leif
Wed Jul 15, 2015 4:11 pm
Forum: Investing - Theory, News & General
Topic: Where do you put your cash?
Replies: 73
Views: 14965

Re: Where do you put your cash?

523HRR wrote:Synchrony Bank - 1.10% - FDIC Insured
Is that a CD? Their current high yield rate is 1.05%
by Leif
Mon Jul 13, 2015 9:37 am
Forum: Investing - Theory, News & General
Topic: Larry Portfolio Shortfall
Replies: 37
Views: 4884

Re: Larry Portfolio Shortfall

As mentioned in an earlier post, these results do not include an advisor fee for the DFA funds. However, I can tell you from personal experience, that you can get much lower advisor costs then 1% of AUM. While there may well be lower fees available for those who know where and how to look, my experience has been that 1% of AUM is the norm. In fact, the article states that Larry's firm (BAM) actually charges 1.25%. That may be the case. I'm not trying to by coy, so those interested may want to look into an advisor such as Rick Ferri, as I recall, he charges about 1/4% of AUM. Or google "Fixed Fee Advisors" and DFA. However, DFA funds are certainly not necessary. A number of mutual funds and ETFs are good substitutes for DFA funds.
by Leif
Sun Jul 12, 2015 4:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Portfolio Shortfall
Replies: 37
Views: 4884

Re: Larry Portfolio Shortfall

My objection to the "Larry Portfolio" is philosophical. It is putting all your equity eggs in one basket, the small value basket. I believe in small/value tilting and I have done it with my own portfolio. I tilt but I still own Large stocks and Growth stocks. In other words, I am allowing for the possibility that I might be wrong. If I miss the mark of market performance, it won't be by very much. The "Larry Portfolio" is an all in bet on small value on the equity side. The data might be on Larry's side but I don't like betting on just one horse. I want more diversification. I'm with you on that. I have REITs and TSM as well as SV, ISV, and EMV. Also CDs and ST bonds as well as TBM. Less expected return, but a more dive...
by Leif
Sun Jul 12, 2015 4:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Portfolio Shortfall
Replies: 37
Views: 4884

Re: Larry Portfolio Shortfall

A couple of years is way too short of a time to compare portfolios. We need to see decades. Using the portfolio listed by the OP (which is wrong - not the Larry Portfolio), using the Portfolio Visualizer since 1995 - 2015 (longest period with all funds) you get: 60/40 VTSMX/VBMFX CAGR 8.63%. Sharpe 0.62 Max Drawdown 30.72% 30/70 DFSVX/VBMFX CAGR 8.36% Sharpe 0.91 Max Drawdown 16.69% The LP has US Small Value, Intl. Small Value, Emerging Value, and Intermediate term Treasury (about 5 year) 1995-2015 15/10/5/70 DFSVX/DISVX/DFEVX/VFITX CAGR 7.92% Sharpe 1.0 Max Drawdown 13.15% For those not familiar with Sharpe, 1.0 is amazing. Nearly the same return with a lot less volatility in the LP. LP results are due to less beta exposure and more Small ...
by Leif
Fri Jul 10, 2015 3:31 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1014
Views: 231739

Re: Tesla S

matjen wrote:Car & Driver just came out with a real world review of a painfully slow road trip when one isn't driving up and down California. The Model S was equipped with the new nav system that is supposed to minimize range anxiety by finding the chargers for you. Short version amazingly slow (both on the highway since 70 mph seems about optimal speed and due to charging) and boring stops in parking lots, etc.

http://blog.caranddriver.com/alexander- ... road-trip/
Thanks for the link. It was very eye opening. I assume Tesla will correct any navigation issues, which seem to be a big issue now for a road trip. But for now it seems not ready for prime time.
by Leif
Thu Jul 09, 2015 4:59 pm
Forum: Investing - Theory, News & General
Topic: Does An All ETF Portfolio Make Sense?
Replies: 40
Views: 8706

Re: Does An All ETF Portfolio Make Sense?

Thanks for the link. Rick's article is a bit confusing, however, since he does not call HYG a bond ETF in the article. I had to check the link.

I read in a book by Dr. Bernstein that he recommends against having bonds as ETF. I have some VTIP ETFs I hold at Fidelity. I guess I could wait out the discount gap, but I'm thinking of just moving those over to Fidelity's short term government Spartan bond mutual fund.
by Leif
Wed Jul 08, 2015 11:04 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 507
Views: 148204

Re: Rick Ferri looking to internationalize his portfolio

Rick Ferri wrote:This half. The water is getting colder...and the colder the better. :happy

Rick
Like fresh melt from a glacier :wink:
by Leif
Wed Jul 08, 2015 7:52 pm
Forum: Investing - Theory, News & General
Topic: Chinese Move to Stabilize Stock Market
Replies: 41
Views: 8257

Re: Chinese Move to Stabilize Stock Market

If it was me I would have waited for the market to drop further, perhaps 50%, when the shorts were really piling up. Then I would hit it with shock and awe. I think they acted too early based on a 100+% increase for the year. But, it is not me...
by Leif
Wed Jul 08, 2015 4:26 pm
Forum: Personal Consumer Issues
Topic: Vanguard phonecall asking for personal information
Replies: 47
Views: 8630

Re: Vanguard phonecall asking for personal information

Good for you. Don't trust any incoming phone call or email. Be safe.
by Leif
Wed Jul 08, 2015 3:47 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 507
Views: 148204

Re: Rick Ferri looking to internationalize his portfolio

I wonder if Rick is dipping his toes into the water yet?
by Leif
Wed Jul 08, 2015 2:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4684848

Re: U.S. stocks in freefall

cfs wrote: Now, China is a different story. Chinese shares have fallen more than 30 percent in the last three weeks (source: Reuters)
After going up 100+% in one year. Easy come, easy go...
by Leif
Tue Jul 07, 2015 8:09 pm
Forum: Personal Consumer Issues
Topic: Internet storage and backup for Mac. Dropbox, iCloud, others?
Replies: 54
Views: 20241

Re: Internet storage and backup for Mac. Dropbox, iCloud, others?

TomatoTomahto wrote:
Perhaps it (Crashplan) was a performance hog, but as you say, you subscribed a long time ago. I have used it for a few years, and I find it's pretty low-key and unobtrusive.
1+
by Leif
Tue Jul 07, 2015 11:00 am
Forum: Personal Consumer Issues
Topic: Internet storage and backup for Mac. Dropbox, iCloud, others?
Replies: 54
Views: 20241

Re: Internet storage and backup for Mac. Dropbox, iCloud, others?

For backup I use Crashplan. It works with our Macs and PCs. It is unlimited storage backup to the internet and happens in the background. Once set up it runs automatically. Also, if you delete a file the file still remains in backup (depending on Crashplan settings). Not all backup services do that. Their software also works to local hard disks. I have a 2 TB and 1 TB passport drives. For internet file storage I have Microsoft One Drive 1 TB. That is way overkill for me, but it comes free with my Office 365 subscription. That works fine for off site pictures and video storage. One Drive also backs up my iPhone pictures and videos. When back from a trip I take those videos and photos and organize them into folders on One Drive. If something ...
by Leif
Mon Jul 06, 2015 11:13 am
Forum: Investing - Theory, News & General
Topic: How many Bogleheads tilt Value?
Replies: 49
Views: 9166

Re: How many Bogleheads tilt Value?

I'm not sure that Rick Ferri is currently a strong supporter of tilting, for the "casual" investor. Although, I think he personally had 30% in SV, which is a strong tilt. However, I do believe Larry Swedroe, who is a frequent poster and has written many books, is a strong supporter of small and value tilting. That is the basis of the equity portion of the "Larry Portfolio".

From polls I've seen, when polls were still supported on this website, most Bogleheads do tilt.

In my taxable account I use total market funds for tax efficient. In my retirement accounts I tilt small and value and REITs.
by Leif
Thu Jul 02, 2015 10:38 pm
Forum: Personal Consumer Issues
Topic: MacBook Air - power issues
Replies: 16
Views: 3305

Re: MacBook Air - power issues

There have been a few threads here on battery life. Here is one on another Mac topic, but a sub-topic was battery. I've done some research. Apple claims that after a 1000 cycles you should still have 80% battery charge capability. Some things, however, are very hard on the battery. One is high temperatures. Another is allowing the battery is discharge down to zero (recommend is to keep the charge between 20-85%). Even keeping a battery at 100% can weaken it over time. I'm concerned since my Macbook is about 10 months old, battery health is 93% and cycles are 58. Now maybe the battery health versus cycles is not linear. But I am concerned. Now I try to keep the charge within the 20-85 range. I've download a free app from the app store called...
by Leif
Wed Jul 01, 2015 6:12 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 493
Views: 101547

Re: TIPS - Did you give up?

Steadfast wrote:You should have made this thread question a poll.

I kept my modest TIPS allocation. Inflation sneaks up.
Unfortunately polls have been disabled by site admin.
by Leif
Tue Jun 30, 2015 4:40 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 493
Views: 101547

Re: TIPS - Did you give up?

Did I give up? - No.

I've kept all my TIPS bonds. I will keep them until they mature. When they mature I will either roll them into Vanguard's short term TIPS or rebalance in equities. My intermediate TIPS bond fund I've sold and bought Vanguard's ST TIPS fund. TIPS represent about 20% of my fixed income assets.
by Leif
Tue Jun 30, 2015 12:27 pm
Forum: Personal Investments
Topic: How do you Lazy portfolio funders deal with dips in the market?
Replies: 61
Views: 10701

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

itstoomuch wrote:Shanghai Composite Index, SSE, (SHA:000001) is down ~22%, since June 15.
Down ~15% since June 25, (2 days) Thursday.
:oops:
Even with that it is up 107% for 1 year.
by Leif
Mon Jun 29, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 24967

Re: Sychrony Bank - warning

Leif wrote: Do you have the flash add-in for Safari? It really shouldn't matter, but Chrome does have flash built-in. So I'm wondering... When I get home I will try my Chrome browser on their website and see what happens.
I was successful in logging in using the Chrome Browser on my Macbook. It is a mystery. My version of Safari is 7.1.6 running on OS X Mavericks.
by Leif
Mon Jun 29, 2015 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 24967

Re: Sychrony Bank - warning

Leif It is interesting they let you use Safari on their site to check rates etc. You log on then it asks for further verification, account number and that is where it breaks down. The folks at Synchony said it works on site (most of the time) but will not work in the sercure section. Chrome also does not work. Do you have the flash add-in for Safari? It really shouldn't matter, but Chrome does have flash built-in. So I'm wondering... When I get home I will try my Chrome browser on their website and see what happens. If Synchrony told you Safari does not work in the secure section they are wrong, because I use it in the secure section. They are probably just repeating what callers are telling them. They are certainly not computer support. I...
by Leif
Mon Jun 29, 2015 6:14 pm
Forum: Personal Investments
Topic: How do you Lazy portfolio funders deal with dips in the market?
Replies: 61
Views: 10701

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

We are lazy, unless an opportunity for TLH presents itself.
by Leif
Mon Jun 29, 2015 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 24967

Re: Sychrony Bank - warning

Well Lief number 1 maybe false for you but I called them to get online access and they told me after the third call that safari does not work and they are right. The reason for the calls was to gain online access which I think is a reasonable request and I track accounts through mint which supports all other accounts. I have the latest Safari version. You should verify that you do as well. Are you getting the error before or after trying to login? Any error message? Very odd since I've never had an issue logging in. Perhaps its some issue with a browser setting you have? I don't know if this applies, but I don't use the flash add-on for Safari. I have Chrome for the Mac installed in case I need flash. I don't use Chrome all the time since ...
by Leif
Mon Jun 29, 2015 4:04 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 7814

Re: Travel to Greece

From what I've read social unrest may the the biggest risk. Although commodities may also be an issue. I've read imports of medicine is continuing only by the forbearance of the manufactures. They are not being paid.
by Leif
Mon Jun 29, 2015 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 24967

Re: Sychrony Bank - warning

If you are thinking of using Sychrony Bank because of few extra bases points. You might want to reconsider : 1. If you use Safari browser (Apple) it is not supported and you can't access your account information. (I spent hours and 3 phone calls to figure out they/Sychrony are the problem) 2. If you use Mint this is not support by Synchrony Bank and will not show up in Mint. 3. The wait time to speak to customer service was 30 minutes on average vs 2 minutes with Ally Bank. 4. I open 2 CDs and was told they were only required to give you account information by regular mail once a month. 5. I think I am stuck with these folks for 5 years. I wanted other people be aware of the problems I experienced after the first week. Other than that that...
by Leif
Sun Jun 28, 2015 10:57 am
Forum: Personal Consumer Issues
Topic: MacBook Pro Worth the money?
Replies: 79
Views: 29749

Re: MacBook Pro Worth the money?

"One more thing" :wink:. Apple support is the best of all the PC manufacturers . If you are having a problem you can make an appointment at a Genius bar to get assist, or just call them. That is what your higher price is buying you. When you're buying you may not think of that, but believe me when you have a problem that can become very important.
by Leif
Thu Jun 25, 2015 7:20 pm
Forum: Personal Investments
Topic: Strategy for age 62 - 70?
Replies: 33
Views: 5822

Re: Strategy for age 62 - 70?

Dutch wrote:
Leif wrote:If you cannot pay the tax from money outside of the withdrawal I doubt it will be beneficial for you to do the conversion.
Not sure I agree with that. Converting to Roth between age 62 - 70 to take advantage of a 15% tax rate is preferable to withdrawing from a traditional IRA after age 70 at a higher tax rate.
However, he is saying he cannot convert the full amount because he does not have the funds in taxable to pay the tax. That means the tax needs to come out of the withdrawal. I've always read that kills the advantage of the conversion. But I suppose it all depends on the rates.
by Leif
Thu Jun 25, 2015 5:57 pm
Forum: Personal Investments
Topic: Strategy for age 62 - 70?
Replies: 33
Views: 5822

Re: Strategy for age 62 - 70?

If you are in a position to convert your tIRA to a Roth, and move the FULL amount of the conversion, then I think that could be a good move. That means you are paying your taxes from other funds you have in your taxable account. It gives you tax diversification. The means depending on your tax rate you can drive tax free money from the Roth or taxable money from the IRA. You need to analyze your tax rate post RMD versus what it is 62-70. This is where it gets tricky for me. We don't have after-tax money with which to pay the Roth conversion taxes. This means withdrawing from the IRAs for the Roth conversion, its taxes, and our living expenses. I'm not sure if the net at the end of the 7 years would be worth it. But I am getting a better ha...
by Leif
Thu Jun 25, 2015 5:21 pm
Forum: Personal Investments
Topic: Strategy for age 62 - 70?
Replies: 33
Views: 5822

Re: Strategy for age 62 - 70?

If you are in a position to convert your tIRA to a Roth, and move the FULL amount of the conversion, then I think that could be a good move. That means you are paying your taxes from other funds you have in your taxable account.

It gives you tax diversification. The means depending on your tax rate you can drive tax free money from the Roth or taxable money from the IRA. You need to analyze your tax rate post RMD versus what it is 62-70.
by Leif
Wed Jun 24, 2015 10:01 am
Forum: Investing - Theory, News & General
Topic: How do Bonds perform in market crashes?
Replies: 9
Views: 7760

Re: How do Bonds perform in market crashes?

Corporates will have a higher correlation with equities. US Treasuries are probably best since they get a boost in a flight to quality as well as higher prices in an interest rate drop. Worst will probably be junk bonds due to their higher equity correlation.
by Leif
Wed Jun 24, 2015 9:51 am
Forum: Personal Consumer Issues
Topic: MacBook Pro Worth the money?
Replies: 79
Views: 29749

Re: MacBook Pro Worth the money?

SleepKing wrote:We just went through the debate of replacing wife's Toshiba laptop with PC vs. Mac. Wife was sick of slow starts and anti-virus software on PC. Also, wanted a 'pretty' computer, more aesthetically pleasing. She does not have need to run powerful statistical programs or PC based applications anymore.
For the usage you describe I think the Air which is cheaper, lighter, longer battery is better suited. I make this comment as a MB Pro owner. Have her go to the Apple store and compare the Air lower res screen vs. the Pro higher res (retina) display. For me they are very similar, but to each her own.
by Leif
Tue Jun 23, 2015 4:52 pm
Forum: Personal Consumer Issues
Topic: MacBook Pro Worth the money?
Replies: 79
Views: 29749

Re: MacBook Pro Worth the money?

Having owned a long string of Windows based desktop and laptop computers I can say I'm very happy with my rMBP. I've only had it 10 months, but so far so good. I think the only change would be given my usage of the laptop I would now go with the MB Air. Lighter, longer battery, cheaper. I was thinking to install windows on it as a dual boot, but I have not. If I did that to run AutoCAD then I would probably appreciate the additional horsepower in the Pro.

P.S. - My first computer was an Apple 2. I guess I've gone full circle.
by Leif
Mon Jun 22, 2015 10:14 pm
Forum: Investing - Theory, News & General
Topic: Robo Advisor for people in retirement
Replies: 8
Views: 2423

Re: Robo Advisor for people in retirement

From Betterment Can you send me my Required Minimum Distributions (RMDs)? Last Updated: April 09, 2014 5:58PM EDT We calculate RMDs for Traditional IRAs annually, and show the amount on your tax statement at the end of January. You can take this amount and set up automatic withdrawals at the frequency you like using the Transfer tab, or take the withdrawal manually. http://support.betterment.com/customer/portal/articles/1510750-can-you-send-me-my-required-minimum-distributions-rmds-?b_id=9042 Do I have to take withdrawals monthly or can I change the schedule? Last Updated: April 09, 2014 5:42PM EDT You can customize your automatic withdrawals to your own schedule, including frequency and day of the month or week. You can make changes or sto...
by Leif
Mon Jun 22, 2015 7:04 pm
Forum: Investing - Theory, News & General
Topic: Robo Advisor for people in retirement
Replies: 8
Views: 2423

Re: Robo Advisor for people in retirement

I think Robo may give you some advantage on Tax Loss Harvesting, in a taxable account, unless you are willing to do that yourself. In that case you would be stepping outside the fund. As far as which will give you a better return no one knows. I recall that Betterment has a value/size tilt. If that is still the case it probably has a higher expected return.
by Leif
Sat Jun 20, 2015 3:14 pm
Forum: Investing - Theory, News & General
Topic: A Look Inside Jack Bogle's Office
Replies: 27
Views: 7991

Re: A Look Inside Jack Bogle's Office

1210sda wrote: Mel (or anyone), do you know if Jack's thesis is available on-line?

1210
... excerpts from his 1951 college thesis, submitted to Princeton University, including parts of Chapter 1, “Advantages to the Individual Investor,” and the conclusion.

The Economic Role Of The Investment Company
by Leif
Fri Jun 19, 2015 5:23 pm
Forum: Personal Investments
Topic: What to do with cash
Replies: 26
Views: 6972

Re: What to do with cash

For very liquid asset about the best you can do today is a "high yield" savings account. On-line Synchrony Bank is offering 1.05% savings account (or 0.85% with a checking account) or Ally at .99%. You can link the savings account to your bank (checking) account and transfer funds back and forth in a couple of days. Not great earnings, but better than most banks or money market accounts at investment companies.
by Leif
Fri Jun 19, 2015 1:31 pm
Forum: Personal Investments
Topic: Vanguard Total Bond Market ETF (BND) and Taxes
Replies: 17
Views: 11956

Re: Vanguard Total Bond Market ETF (BND) and Taxes

Taylor Larimore wrote:
You should find this Morningstar Calculator helpful in deciding which type bond fund is most suitable for you: http://screen.morningstar.com/IRA/IRACalculator.html

Best wishes.
Taylor
Looks like you need a Morningstar login to access the above link.

You could try the following Taxable-equivalent calculator from Vanguard. It lets you choose a vanguard tax exempt fund and find that taxable yield based your federal and state marginal tax rates.

Taxable-equivalent yield calculator
by Leif
Thu Jun 18, 2015 11:11 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 113
Views: 43396

Re: Betterment Review

Leeraar wrote:
But, I stand by my unprovable assertion! 8-)

L.
And I stand by my proven assertion! :sharebeer
by Leif
Thu Jun 18, 2015 4:25 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 113
Views: 43396

Re: Betterment Review

Leeraar wrote: I read the poll and see the 43% who do not tilt, and the 24% who like to answer polls or have no opinion. That leaves 33% who tilt.

How is that a majority? Even after the selection bias that tilters are much more likely to respond to such a poll?

L.
Not sure we are looking at the same thing. The first 4 options start with I don't tilt. That totals 20%. The next nine options start with "I tilt". That totals 55%. The rest none of the above or other non-related options.
by Leif
Thu Jun 18, 2015 3:25 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 113
Views: 43396

Re: Betterment Review

Leeraar wrote:
InvestorAdam wrote:... it is worth noting that most people on this site use tilting and slice and dice ...
I doubt that.

L.
You can doubt it if you like, but poll after poll here showed most tilt.

Here is an example What is your opinion about "tilting?"
by Leif
Thu Jun 18, 2015 12:39 am
Forum: Personal Investments
Topic: Buying a CD at Vanguard
Replies: 17
Views: 8887

Re: Buying a CD at Vanguard

I did buy a brokered CD before, and I remember seeing the same thing. I would not be surprised if Vanguard's fee is embedded somewhere in the pricing mechanism. Did you see a separate line item for a fee? I did not see a fee in the info you provided. Or perhaps it is just like buying/selling a stock or ETF with a spread between buy and sell. That could explain the initial drop. After that interest rates will determine the pricing.
by Leif
Fri Jun 12, 2015 11:44 pm
Forum: Investing - Theory, News & General
Topic: Set It and Forget It Works!
Replies: 37
Views: 11042

Re: Set It and Forget It Works!

jjface wrote: There isn't a set it and forget it that doesn't involve someone else.
I would describe that as Set It and Outsource It. Nice for advisors. Maybe or maybe not nice for clients.
by Leif
Fri Jun 12, 2015 3:28 pm
Forum: Investing - Theory, News & General
Topic: Set It and Forget It Works!
Replies: 37
Views: 11042

Re: Set It and Forget It Works!

jjface wrote:
Leif wrote:If I Set It and Forgot It I would not be enjoying the tax lost harvesting capital losses I've being using to save me taxes since 2009. I'm not buying It.
You could always use a robo advisor to do that for you.
I certainly could. But that would be Set It and let someone else manage It. Even then, I would have a lot of trouble to Forget It. My guess, at least for Bogleheads, is that we often prefer to maintain It.
by Leif
Fri Jun 12, 2015 10:44 am
Forum: Investing - Theory, News & General
Topic: Set It and Forget It Works!
Replies: 37
Views: 11042

Re: Set It and Forget It Works!

If I Set It and Forgot It I would not be enjoying the tax lost harvesting capital losses I've being using to save me taxes since 2009. I'm not buying It.
by Leif
Fri Jun 12, 2015 8:39 am
Forum: Personal Finance (Not Investing)
Topic: IPhone Financial stuff
Replies: 26
Views: 4726

Re: IPhone Financial stuff

I use the iPhone on vacation for photos and messaging, primarily. However, for an additional pound, I prefer to also pack an iPad for the larger screen. Easier to watch videos. If you just want to do financial transactions then just the iPhone would be fine. I would use cellular rather than WiFi for financial.
by Leif
Fri Jun 12, 2015 8:33 am
Forum: Investing - Theory, News & General
Topic: Poll: Is The Value Premium A Risk Story Or Behavioral
Replies: 30
Views: 3004

Re: Poll: Is The Value Premium A Risk Story Or Behavioral

I think a succinct explanation of the small and value risk premia is the cost of capital story. If you were a bank, would you charge the same interest rate to a heavily leveraged company in a mature or declining industry or Apple? Would you charge the same interest rate to Exxon as you would to a small local oil driller in central Texas. I think that a Nobel prize was given for de,on starting that the expected return on an equity investment is the same as cost of capital. The market prices risk. Dave +1 If you own a company and you need additional capital do you issues more shares or borrow money? You will go to whichever source is "cheapest" for the company. So the "expected return" of the stock must equal the cost of ...
by Leif
Thu Jun 11, 2015 5:18 pm
Forum: Personal Consumer Issues
Topic: Office for MAC/iPad/iphone
Replies: 9
Views: 1749

Re: Office for MAC/iPad/iphone

I bought Office 365 with my new MBP. I got the University edition. That is a great deal if you qualify. You need a .edu email account. 4 Years for around $80. Plus I got 1 TB of storage on One Drive. Only problem was the download took forever. It allows two installations on Mac or PC.

I've got an iPad and iPhone, but I've not tried loading Office on those devices. iOS 8 ruined my iPad. It is too slow now to run anything.