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    More evidence from the Active-Passive debate

    From Vanguard: The Active-Passive Debate: Bear Market Performance Time to dump those American Funds. ;D
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    Puerto Rico Bank CDs?

    Occasionally I check out the CD rates at VBS. Kind of like, okay, if I had enough money to make laddering the CDs worth the time - day dreaming of sorts. I noticed today that most of the highest CD rates were from banks in PR. Doral Bank, R-G Premier bank, etc. I checked them out on the...
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    Do RMD's Endanger SWRs?

    Now that all you semi-old farts have had your coffee. :coolsmiley: From the current issue of the Journal of Financial Planning: Do Required Minimum Distribution Endanger 'Safe' Portfolio Withdrawal Rates? Enjoy your Saturday reading. I'll be playing outside w/ the kids. ;D - Alec
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    Vanguard funds' track record

    I know how much FD looooovveeesss Vanguard,;D so: In a challenging market, a satisfying track record: Check out the MM and bond charts. Talk about cost mattering, F.
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    Pssst... Interview with VWINX managers

    Since Vanguard's Wellesley Income fund has such a following here, check out this Interview with Jack Ryan and Earl McEvoy, the outgoing managers of Vanguard's Wellesley Income fund. I thought the Wellesley proponents would like this quote: I was hoping with all their learnin', they could...
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    S&P 500 returns at your fingertips

    For those people that like immediate gratification whilst searching for returns [and general stats] for the S&P 500 over certain periods: S&P 500 at your fingertips - Alec
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    Lower TSP expense

    For all those Fed gummit employees or former employees and military or former military: I don't know if this has been posted before, but the expense ratios for the Thrift Savings Plan are now 0.015%!!. - Alec
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    SEC Charges TV Infomercial Personalities

    SEC Charges TV Infomercial Personalities in Investor Workshop Fraud Not the "red light, green light" people, but funny none-the-less. The vidoes are good as well: They lied? No. :2funny: Hopefully Kiyosaki is next.
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    British Sub-prime humor

    For those folks that like British humor. From You Tube: one, and two. F-ing Hilarious. :2funny: - Alec
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    MO files to spin off Phillip Morris

    FYI - For all those dividend hogs out there holding MO, MO filed a Form 10 Registration Statement regarding a proposed spinoff of Philip Morris Int'l. - Alec
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    Muni Bond ETFs

    From Indexunivers.com: Everyone's Launching Muni Bond ETFs Muni Bond ETFs—Explained I'm kinda surprised that it took this long. Final word on the expense ratios of all these ETFs isn't out yet, but it looks like Vanguard's muni funds will still be cheaper. Though, for people with brokerage...
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    TIAA Annuity Comparison

    I don't know how many people here use TIAA-CREF as their primary retirement vehicle, but patrick on the VD forums pointed this 1995 article out. It compares historical annuity payments [1970-1995] for the two payment methods when a person annuitizes money in TIAA: The TIAA Graded Payment...
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    Interesting Life Cycle Paper

    I thought this paper would be an interesting read for those just starting out saving and those closer to retirement. It's fairly readable, and has lots of pictures for those who aren't very math inclined. It's a little long [130 pages], but what else do you retired folks have to do all day...
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    Periodic table of bond returns

    FWIW, from Allianz: The Benefits of a Diversified Bond Portfolio - Alec
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    Awesome inflation calculator

    Annual Inflation Rates in the United States, 1775 - 2006, and United Kingdom, 1265 - 2006 Interesting that inflation from 1800-1900 was -0.40% per year. No wonder bond yields were so low in the beginning of 1900's. - Alec
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    Bogle on Bond Expenses [speech]

    I didn't see this one posted before: Stewardship vs. Salesmanship—Bond Mutual Funds Gone Awry - Alec
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    Vanguard simplifies account fees

    For those of us with meager savings thus far. Vanguard simplifies account fees - Alec
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    Fundamental Indexing debate in JOI

    The new Journal of Indexes has some interesting articles/interviews with the likes of Bogle and Fama&French on the subject of fundamental indexing. My fav is when the JOI asks F&F about Siegel and WidsomTree: Ouch. I guess that's getting academically b**ched-slapped. ;D - Alec
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    Coming Generational Storm - Free Book

    Thanks to Bob K over at M* for the link. It's a free PDF copy of: The coming general storm from Scott Burns and Larry K. - Alec
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    Human capital as bonds [paper]

    Recently there have been discussions about considering one's human capital [i.e. present value of all future earnings] as bond-like, suggesting a mostly stock investment portfolio. Zvi Bodie + Jonathan Treussard have a new working paper that addresses some of this area: Making Investment...
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    Ewww - Kiyosaki Strikes Again

    This time he's piggy backing off of John Bogle [AAAHHHHHHHHH!!!!!!!!] Mutual Funds Get Greedy I guess Kiyosaki forgot to mention that he's scamming investors just like those mutual fund companies. >:D - Alec
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    101 Dumbest Moments in Business

    From CNNMoney: 101 Dumbest Moments in Business My favorite was #32: Stocks and bonds, part 2: Proving the value of expensive professional stock-market expertise... I smell a new mutual fund forthcoming. >:D Of course, for those grandparents that don't know what to give their...
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    High Yield Bond Market

    For those people [or investors] that are students of the high yield bond market: Defaults and Returns in the High Yield Bond Market: The Year 2005 in Review and Market Outlook - Alec
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    Tax-Efficient Sequencing of Accounts

    This topic has probably been discussed umpteen times here, but I thought this article by William Reichenstein would be a good handbook for people unsure about how to go about tapping their various retirement accounts: Tax-Efficient Sequencing of Accounts to Tap in Retirement - Alec
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    Annuities: Now, later, never?

    From TIAA-CREF's research institute: Annuities: Now, later, never? The article focuses on immediate payout fixed and variable annuities. The article mainly focuses on persons that are 65+ and trying to decide whether and when to annuitize money. However, the article does give a nod to early...
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