Search found 33 matches

by jimbojones
Mon Feb 18, 2013 8:06 am
Forum: Variable Portfolio Discussion
Topic: Emergency Fund
Replies: 8
Views: 3277

Re: Emergency Fund

A Roth IRA could work, but note that contributions can be withdrawn only after a 5 year incubation period, so rolling 401K money through it at the time of the emergency won't work. Contributions can always be withdrawn tax-free and penalty-free.  The 5-year period relates to qualified distributions...
by jimbojones
Tue Jan 08, 2013 8:18 am
Forum: Other Discussions
Topic: The Slow Dismantling of Obamacare
Replies: 34
Views: 5196

Re: The Slow Dismantling of Obamacare

... Forcing doctors to display their prices is not what most people would consider government coercion ... Huh?  Who will be forcing doctors to display their prices? I think we all glazed over the effect that Step 1 would have.  Getting rid of insurance companies results in consumers purchasing the...
by jimbojones
Thu Dec 20, 2012 5:12 pm
Forum: Permanent Portfolio Discussion
Topic: Recent Performance
Replies: 41
Views: 10615

Re: Recent Performance

I've only been following the PP for a few months now, so I certainly understand the negative feelings related to the recent performance.  For me, the problem comes down to comparing the performance of Gold to the performance of a standard 50/50 or 60/40 bogleheadish portfolio.  For instance, today, ...
by jimbojones
Thu Dec 20, 2012 12:05 pm
Forum: Permanent Portfolio Discussion
Topic: Recent Performance
Replies: 41
Views: 10615

Re: Recent Performance

For those of us holding EDV, this really is a really awful PP day, I grant you that. With EDV being down almost 5% (even though TLT is up?!), and with gold also being way down... yeah. As I've said before, I started DCAing into the PP in September. It's been consistently down and more down and then...
by jimbojones
Sat Dec 15, 2012 11:42 am
Forum: Variable Portfolio Discussion
Topic: Liquidation Value Investing
Replies: 33
Views: 6677

Re: Liquidation Value Investing

Thanks for the kind words everyone, but let's get down to business! Anyone want to help me research IOT? I think they are sitting on a bunch of land. It looks cheap as hell. If these guys ever sold some land and paid a dividend this stock could triple. I think this is a situation where as long as m...
by jimbojones
Sun Dec 02, 2012 9:41 am
Forum: Bonds
Topic: EDV to pay 3% dividend (in article about bond ETFs and taxes)
Replies: 14
Views: 5147

Re: EDV to pay 3% dividend (in article about bond ETFs and taxes)

This is another example of a risk associated with mutual funds vs outright stock or bond ownership.  You lose the ability to time your cash flows.  I'm guessing a lot of funds will be increasing distributions right now to use the 2012 capital gains and dividend tax rates before they increase in 2013...
by jimbojones
Sun Dec 02, 2012 9:37 am
Forum: Bonds
Topic: FURIOUS with Vanguard - Secondary Bond Buying Warning
Replies: 4
Views: 2571

Re: FURIOUS with Vanguard - Secondary Bond Buying Warning

I feel your pain, MomTo2Boys.  My first bond orders were cancelled too.  Whenever you place an order, check the Order Status screen to see whether it has been fulfilled, cancelled, or remains open.  Essentially, you placed a limit order for the bond and nobody was willing to sell at the price.  With...
by jimbojones
Fri Nov 23, 2012 3:35 pm
Forum: Permanent Portfolio Discussion
Topic: the cockroach strategy
Replies: 10
Views: 5479

Re: the cockroach strategy

Is it possible he never heard of HB?  I can't imagine anyone writing this article while knowing HBs investment philosophy. It's not impossible that he would independently come up with the same idea as Browne and then backtest it over the same period as we see here.  It's just really suspicious.  I ...
by jimbojones
Sat Nov 10, 2012 11:10 am
Forum: Bonds
Topic: Buying LTTs on secondary market
Replies: 21
Views: 5075

Re: Buying LTTs on secondary market

I think this is a really useful discussion.  Thinking about it more, the maturity date of the bond is not important.  It's the duration of the bond that makes the difference for gains/losses due to interest rate changes.  Instead of focusing on the term of the LT bonds, it might make more sense to f...
by jimbojones
Sun Nov 04, 2012 9:34 am
Forum: Permanent Portfolio Discussion
Topic: This Will Make You Not Want To Stock Pick (Historical DJIA Components)
Replies: 50
Views: 10989

Re: This Will Make You Not Want To Stock Pick (Historical DJIA Components)

Why not just let your VTI grow and convert to dividend-paying stocks later on? Because if your index fund is high, the market is high, and dividend stocks will also be high.  If you convert all at once you will get a very low average yield.  For example, the typical financial planner "safe" withdra...
by jimbojones
Fri Nov 02, 2012 9:52 am
Forum: Bonds
Topic: Treasury Bond Buying Tutorial
Replies: 119
Views: 126525

Re: Treasury Bond Buying Tutorial

... 4. In talking to the bond desk at TDA, it seems that trades are "free." The commission is from slight mark-up price which the person estimated to be about 3/8% on a 10k trade. If so, it takes about 2.5 years for the ER of TLT to equal the same. Does this sound right? That seems relatively high....
by jimbojones
Fri Nov 02, 2012 9:42 am
Forum: Bonds
Topic: Treasury Bond Buying Tutorial
Replies: 119
Views: 126525

Re: Treasury Bond Buying Tutorial

1NV35T0R (Greg) wrote: Perhaps I'm somehow missing it but does Vanguard sell STRIPS? I know Fidelity does but I haven't found them on Vanguard yet.
Yes, one option to get there is:

Buy & Sell > View and trade bonds or CDs > Treasuries > Treasury type > Strips