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Comment Re:More interesting is Age Adjusted Funds (Score 1) 42

I know splitting between equity and bonds is a typical allocation strategy, but I really feel like any bond holdings are inappropriate if you're not planning on retiring in the next ten years. The rule of thumb was always ten percent more bonds every ten years closer to retirement, but I feel like that's much too conservative.

I agree, my personal mix is 90 percent S&P 500 index, 5 percent MidCap, 5 percent Bonds. When I'm about 5 years out, I'll convert some more to bond funds, but sadly most of these age adjusted funds have a heavy overweight on bonds, for some reason.

Comment More interesting is Age Adjusted Funds (Score 5, Informative) 42

A lot of American and Canadian retirement accounts are in "age adjusted" funds, which are really just a mix of mutual funds or ETFs of bond funds and stock funds.

If you check, you'll find most large firms have an S&P 500 index from Vanguard or Fidelity (like the VINIX) which has an expense ratio of around 0.02 or 0.04 percent, and a Total Stock Market index with an expense ratio of around 0.05 or 0.07 percent and a Total Bond Market index with an expense ration of around 0.10 or 0.12 percent.

You could replace the "age adjusted" fund that charges you 0.40 to 0.65 percent with an automatic stock fund and bond fund allocation, e.g. 70/30, and then just reallocate periodically. Cost to you drops from 0.40 to 0.05 percent, in many cases.

That's all these "wealth firm robots" really do. You can buy the underlying components and pay less.

It's the fees that kill you. You don't notice them when returns are 12 percent, but when the market is crawling (like today) with 1-2 percent returns, you sure notice the fees that siphon off up to 1/4 of your earnings.

Comment Re: APorsche Self-Drive? (Score 1) 204

Live in the UK, never driven an automatic, don't know anybody who owns one.

Automatic gearbox uptake is way up in Europe. More and more manufacturers are ditching the stick and going to CVT-only for mileage reasons. All the top-end cars have dual-clutch transmissions, which are manual only in concept. They are all automatically controlled, and all have an automatic mode. Or at least, so says the automotive press. Mostly I get this stuff from watching Autoline, but other shows factor in as well.

Comment Re:APorsche Self-Drive? (Score 1) 204

Yeah, I think if you love to drive, then you get the stick. But if you love to win, then you get the dual clutch... if it's available and allowed. Rowing gears is great fun, as long as you aren't required to do too much of it. I like a five speed and some torque, personally, but I wouldn't piss on a six speed for my car either.

If I get enough money out of eventually selling my 300SD, perhaps I will put a 01E gearbox in my D2 A8. But that's a good three grand all told including a good clutch...

Comment Re:Oh good, a reason (Score 1) 319

What are Trump and Cruz's views on NSA mass surveillance? I doubt that either oppose it but I'm happy to be proven wrong. Rubio's comments don't seem, on the surface, to be out of whack with 99% of Republicans. I'd be surprised if other current candidates considered by most to not be insane strongly disagree with him on this. (Yeah, Rand Paul might, but he's already dropped out, and in any case...)

What makes Rubio more attractive than those two are that he's not on the theocratic wing, unlike Cruz, and... well, he's not Trump.

Comment Re: Authoritarians will always rule. (Score 2) 372

Would you argue that if a man decides he doesn't want to pay for a child he helped conceive he shouldn't be forced to?

As long as the woman makes the decision whether to have the child, which she should, the man should not have to pay child support if she chooses not to, unless he entered into a marriage contract with her first. Anything else puts all the responsibility on the man, all of the rights are the woman's, which is just a form of slavery. You're not a deadbeat unless you make promises and then don't keep them. I say this as someone who had a deadbeat dad who cheated on his wife, got divorced, then drank up the child support money. He made a commitment and then failed to follow it. There is reasonable justification for treating him like a criminal; he broke a contract.

Only in the case of perpetrating a rape should the man have to pay child support out of wedlock, and a woman should have the absolute right to decide whether or not she has a child. Anything else is grossly unfair and puts all the responsibility on the man.

ObDisclaimer: I have no children, wanted or un-

Comment Re:APorsche Self-Drive? (Score 1) 204

You are a complete moron. Try talking to some Europeans sometime.

Why would I go looking for anecdotes when every car company and car mag has already done that? Your minuscule sample set of avid drivers aside, people buy what they can afford. People buy sticks in Europe because they have massive taxation on large vehicles, and a slush box is a significant percentage of the weight of a small one. It's not because they want a stick. Serious drivers want dual-clutch gearboxes, not sticks. Only kiddies who haven't driven a real transmission still want a stick.

Comment Re:Self driving tech doesn't mean you can't drive (Score 1) 204

ell, Porsche developed a rear drive sports car which is a ridiculous thing to do

What? Who told you that? Rear wheel drive is still best for sports cars. AWD is awesome, I love it, my latest ride is an Audi with old-school Quattro, meaning it has a Torsen center diff and open diffs front and rear with EBD for low speed anti-slip. But nothing beats a well set-up RWD car for tossability. I've owned a 240SX and an Impreza, and flogged them both hard over the twistiest canyon roads available, you know the kind that just look more and more squiggly as you zoom in? The two cars weighed the same, but the Impreza had a problem the Nissan didn't; if you let go of the gas, the car would drift towards the outside, because AWD vehicles understeer off power. Making quick weight transitions is thus faster in RWD vehicles. In addition, you split the jobs up between the wheels; the front wheels can handle just the steering grip while the rears are doing the acceleration. That means there's more grip available for steering, plain and simple. Since acceleration and steering happen on completely different vectors, this makes a substantial difference in traction — even the shape of the contact patch is different.

On the other hand, what does NOT make sense is a rear-engined sports car. It's taken them some 30 years to make a car that will outhandle the competition even though the engine is in the wrong place. They're STILL castrating the mid-engine cars (slightly) to keep them inferior to the 911, because the truth is that mid-engine is superior and they have the proof in-house.

Comment Re:Porsche != 'Luddite' (Score 1) 204

If you actually think that Porsches' position on so-called 'self-driving' cars is a Luddite attitude, then you don't at all get what Porsche is all about in the first place. It's a driver's car, not just transportation.

If all Porsches were "driver's cars" then they wouldn't offer them with all the fruity amenities. There would be no interior option beyond alcantara (it's easier to clean than real leather and it's grippy so you don't slide around on it) and you could have it with or without air con, and that's it. The truth is that Porsche makes relatively light little runabouts and they also make massive land barge SUVs. To suggest that they won't make those SUVs self-driving is ridiculous. To believe the suggestion is even more ridiculous.

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