Why Apple Should Ignore Its Shareholders [View article]
Yep, brilliant analysis - not only for Apple product lovers but for investors. I believe Apple will continue to focus on making great products - if they do the stock price will eventually bounce back. That should be their focus as a company. Ironically by ignoring creating 'shareholder value', they actually are much more likely to increase it. This longer-term view is the reason I bought more shares of the QQQ for both myself and my kids (which is heavily weighted to Apple - we can't really buy individual stocks here at SA due to the obvious conflicts of interest that could create) when Apple fell below $500 - we don't need the money anytime soon. It's always better to buy low ;-)
Facing the same pressure to obtain yield as the rest of us,, corporate treasurers - including Google's - are moving cash into junk bonds and emerging market paper. It's a new direction for the group which usually sticks with short maturities and investment-grade debt. [View news story]
Facing the same pressure to obtain yield as the rest of us,, corporate treasurers - including Google's - are moving cash into junk bonds and emerging market paper. It's a new direction for the group which usually sticks with short maturities and investment-grade debt. [View news story]
The chase for yield has the marking of a 'bubble' all over it
Vanguard's recent expense reduction means 9 of its 10 sector ETFs are now the cheapest available to U.S. investors. With an annual expense ratio of just 0.14%, VOX, VPU, VCR, VDC, VDE, VHT, VIS, VGT, and VAW stack up favorably vs. the 0.18% charged by State Street's Sector SPDRs (XLU, XLY, XLP, XLE, XLF, XLV, XLK, XLI, XLB and XTL which charges 0.35%) and the 0.47%-0.48% iShares sector ETFs (RXI, KXI, IYE, IYF, IYZ, IYH, IDU, IYW, IYM, IYJ) charge. At 0.19%, Vanguard Financials (VFH) is still slightly more expensive than the Financial SPDR (XLF). [View news story]
I wonder why their Financials sector fund costs significantly more than their other sector funds? I know they're an at-cost fund provider but it's especially interesting when you consider that the sector SPDRs are all the same 0.18%. Is SSgA taking a loss on XLF? Is their index easier to build/maintain? Curious if anyone knows?
Larry Swedroe's 'Think, Act, and Invest Like Warren Buffett' [View article]
Agree David - I read Larry's latest book and his philosophy is not that of Buffett's imho. Still, the book is a great read for self-directed investors looking to avoid making typical mistakes in managing their own money.
You can't safely hold leveraged ETFs for more than short periods (as they make clear in the prospectuses, the intended holding period is 1 day) due to the probability to decay to returns that results from compounding. They are for short-term bets and short-term portfolio insurance/hedging and nothing more.
Positioning for 2013: Guide To The Series [View article]
Thanks Cliff!
We had Dave Van Knapp on DGI, Larry Swedroe on Fixed Income (within a broader portfolio) and Financial Lexicon on the bond market. Sounds like we'll have to include you as part of this series next year as I'm sure you have a thing or 2 to say about the topics you suggest here.
Dave Van Knapp Positions For 2013: Tuning Out Market 'Noise' With Dividend Growth Investing [View article]
With all due respect giorgiolb,
Larry Swedroe manages $4.5B directly, is responsible for strategy on another $14.5B, has authored 12 books on finance, been profiled in the NY Times, and has beaten benchmarks on a properly risk-adjusted basis for 20 years. He's widely respected in finance circles. Why should he care what you think? You are not a well-known entity, have no proven track record, don't manage anyone's money other than your own, and don't even bother putting your real name out there for people to see. He puts himself on the line daily with his decisions front and center. So does Dave Van Knapp and all of our other writers. They are the opposite of anonymous, putting themselves and their investment choices on the line daily in the public sphere. You should be more willing to live and let live.
I am not personally partial to any approach on the site (I think each investor needs a strategy that helps them meet their financial goals in a way that lets them sleep at night) but it 'rubs me the wrong way' when anonymous commenters troll others articles just to harass them and don't listen to their replies in good faith, or just agree to disagree and move on.
In the same way people like Dave and the rest of our excellent DG community ignored Larry W after awhile and rightfully so (he was rude and didn't listen to others replies), I don't see how you can expect authors like Swedroe to do anything different with your frequently aggressive and snarky comments when what you have is a genuine intellectual disagreement - nothing more.
Best and much success in the new year! Jonathan Liss
Dave Van Knapp Positions For 2013: Tuning Out Market 'Noise' With Dividend Growth Investing [View article]
I think this a valid point. No type of investment strategy is right for everyone. If someone hasn't amassed enough principal to live off the interest plus SS in retirement, they will likely have no choice but to dip into principal. If you need principal on a regular basis, it makes sense to diversify into other asset classes to ensure you have enough for your daily living expenses.
Eric Parnell Positions For 2013: Gold's An Essential Diversifier In Any Portfolio [View article]
Great point. However there is at least some evidence to suggest gold and silver will perform well in deflationary environments. See here for example: http://bit.ly/nKBKru
Others should feel free to weigh in - I'd be curious for more insight as to how gold may perform in a deflationary environment.
Why Apple Should Ignore Its Shareholders [View article]
Why Apple Should Ignore Its Shareholders [View article]
Facing the same pressure to obtain yield as the rest of us,, corporate treasurers - including Google's - are moving cash into junk bonds and emerging market paper. It's a new direction for the group which usually sticks with short maturities and investment-grade debt. [View news story]
Facing the same pressure to obtain yield as the rest of us,, corporate treasurers - including Google's - are moving cash into junk bonds and emerging market paper. It's a new direction for the group which usually sticks with short maturities and investment-grade debt. [View news story]
Vanguard's recent expense reduction means 9 of its 10 sector ETFs are now the cheapest available to U.S. investors. With an annual expense ratio of just 0.14%, VOX, VPU, VCR, VDC, VDE, VHT, VIS, VGT, and VAW stack up favorably vs. the 0.18% charged by State Street's Sector SPDRs (XLU, XLY, XLP, XLE, XLF, XLV, XLK, XLI, XLB and XTL which charges 0.35%) and the 0.47%-0.48% iShares sector ETFs (RXI, KXI, IYE, IYF, IYZ, IYH, IDU, IYW, IYM, IYJ) charge. At 0.19%, Vanguard Financials (VFH) is still slightly more expensive than the Financial SPDR (XLF). [View news story]
5 Best U.S. ETFs For 2013 [View article]
5 Best U.S. ETFs For 2013 [View article]
Larry Swedroe's 'Think, Act, and Invest Like Warren Buffett' [View article]
Arne Alsin Positions For 2013: A Stock Picker's Market, Par Excellence [View article]
5 Best U.S. ETFs For 2013 [View article]
Positioning for 2013: Guide To The Series [View article]
We had Dave Van Knapp on DGI, Larry Swedroe on Fixed Income (within a broader portfolio) and Financial Lexicon on the bond market. Sounds like we'll have to include you as part of this series next year as I'm sure you have a thing or 2 to say about the topics you suggest here.
Have a terrific new year!
Jonathan
Dave Van Knapp Positions For 2013: Tuning Out Market 'Noise' With Dividend Growth Investing [View article]
Larry Swedroe manages $4.5B directly, is responsible for strategy on another $14.5B, has authored 12 books on finance, been profiled in the NY Times, and has beaten benchmarks on a properly risk-adjusted basis for 20 years. He's widely respected in finance circles. Why should he care what you think? You are not a well-known entity, have no proven track record, don't manage anyone's money other than your own, and don't even bother putting your real name out there for people to see. He puts himself on the line daily with his decisions front and center. So does Dave Van Knapp and all of our other writers. They are the opposite of anonymous, putting themselves and their investment choices on the line daily in the public sphere. You should be more willing to live and let live.
I am not personally partial to any approach on the site (I think each investor needs a strategy that helps them meet their financial goals in a way that lets them sleep at night) but it 'rubs me the wrong way' when anonymous commenters troll others articles just to harass them and don't listen to their replies in good faith, or just agree to disagree and move on.
In the same way people like Dave and the rest of our excellent DG community ignored Larry W after awhile and rightfully so (he was rude and didn't listen to others replies), I don't see how you can expect authors like Swedroe to do anything different with your frequently aggressive and snarky comments when what you have is a genuine intellectual disagreement - nothing more.
Best and much success in the new year!
Jonathan Liss
Dave Van Knapp Positions For 2013: Tuning Out Market 'Noise' With Dividend Growth Investing [View article]
Eric Parnell Positions For 2013: Gold's An Essential Diversifier In Any Portfolio [View article]
Eric Parnell Positions For 2013: Gold's An Essential Diversifier In Any Portfolio [View article]
Others should feel free to weigh in - I'd be curious for more insight as to how gold may perform in a deflationary environment.