Bogleheads.org

Hi:

Thanks. corrected the error.

Hi:

Keep in mind that the conservative, moderate, and aggressive paradigm for target date funds is a long standing, common feature of age-based target date funds offered in 529 college savings plans.

regards,

Hi: Counterpoint provided in this 2011 paper, examining performance of inflation hedging portfolios including (1) publicly traded equity REITs as measured by the FTSE NAREIT All Equity REITs Index; (2) commodities as measured by the S&P Goldman Sachs Commodity Index (GSCI); (3) TIPS as measured ...

Hi Kelvin: You may not be aware that we attempt to document Boglehead conventions in our site's wiki, primarily as a means of recording these events for the historical record . See Bogleheads® Convention Meetings - Bogleheads . I have started a wiki page documenting the recently concluded Taiwan con...

Hi Nisi:

From wikipedia: 1997 Asian financial crisis - Wikipedia, the free encyclopedia

From SSRN: Search Asian contagion: 188 papers Search eLibrary :: SSRN

regards,

Hi: For our Asian contingent. News release: Leading Fund Manager Vanguard Unveils Hong Kong-domiciled Asia ex Japan Equity ETF ,Hong Kong, May 15, 2013 - (ACN Newswire) The first Hong Kong-domiciled exchange traded fund (ETF) to be offered by The Vanguard Group, Inc. (Vanguard), the world's largest ...

Hi: Although I am not personally familiar with SERPs, here is some information I have managed to put together. Investopedia defines a SERP: Definition of ' S upplemental E xecutive R etirement P lan - SERP' A non-qualified retirement plan for key company employees, such as executives, that provides ...

HI all: May 13, 2013 marks the fifth anniversary of the founding of the Bogleheads Wiki . As is customary, we issue an annual report to the forum readership on this date, giving everyone a glimpse at the statistical measures of wiki page creation, editing, and readership. We list the wiki's favorite...

Hi: Relevant fundamental material from the wiki Fiduciary Transfers - Bogleheads SIMPLE IRA Transfers Although SIMPLE IRA's comprise a small part of the employer-provided qualified plan universe, they are unique in being the sole plan that currently permits the individual employee to execute in-serv...

I'm sorry, I should have given more information. My first contribution to the SIMPLE on 4/4/12. I want to make sure that once the 2 years are up, I can transfer funds from a Vanguard SIMPLE to a Vanguard Traditional IRA, and close the SIMPLE account. I wasn't sure if I could make this transfer at t...

If I start a SIMPLE at Vanguard, next year I can roll those assets into a Traditional IRA at Vanguard, correct? Then after that I can roll the contributions at EJ directly into the Traditional IRA at Vanguard? I'm sorry for all of the questions, but I'm going to get charged $40/year to have my SIMP...

I checked with my employer and we have a form 5305-SIMPLE. I have a few additional questions. If I start a SIMPLE at Vanguard and transfer everything into that, can I roll the Vanguard SIMPLE into a traditional IRA when the 2 year requirement is up? After 2 years of being in the plan, can I roll co...

Hi: New whitepaper from Vanguard Institutional: Vanguard - Vanguard's framework for constructing diversified portfolios Executive summary. Most investment portfolios are designed to meet a specific future financial need—either a single goal or a multifaceted set of objectives. To best meet that need...

Hi: Relevant fundamental material from the wiki Fiduciary Transfers - Bogleheads SIMPLE IRA Transfers Although SIMPLE IRA's comprise a small part of the employer-provided qualified plan universe, they are unique in being the sole plan that currently permits the individual employee to execute in-serv...

Hi:

We have a wiki page devoted to the tax characteristics and history of the Vanguard Total Stock Market Index Fund :Vanguard Total Stock Market Index Fund Tax Distributions - Bogleheads.

regards,

Hi: There has been no fundamental difference in the expense ratios of Vanguard's domestic index funds. The drop in the expense ratios is due to the fact that the CRSP indexes that the funds now track do not include Business Development Companies (please refer to Business Development Company - Bogleh...

Hi: Check out Vanguard exec teases free ETFs The Vanguard Group Inc. has become the first U.S. ETF company to raise the possibility of funds with no expenses, according to a Financial Times report. “I would like to think the cost of investing [in ETFs] could come down to zero,” Nick Blake, head of r...

Hi Scooter: if you check for details on the long term (plus five year holdings) in the Vanguard Limited Term Tax Exempt fund, you will find that most of them are VDRO's (Variable Rate Demand Obligations), see Municipal Securities Rulemaking Board::EMMA A variable rate demand obligation (VRDO) is a m...

Hi: Vanguard provides a look at target date fund adoption in employer provided contributory retirement plans : Vanguard - Target-date fund adoption in 2012 In 2012, more than one-third of participants in defined contribution (DC) plans for which Vanguard provides recordkeeping were invested in a pro...

Hi:

In the wiki : SPIVA scorecards - Bogleheads

regards,

Hi Dr. Bill: I have tried to get index provider return data (annual) for the wiki and often have had to go through hoops to get whatever data I can piece together. For what it is worth MSCI, Wilshire, and Russell have return calculators that can be somewhat helpful. CRSP has spreadsheets with daily ...

Thanks for posting my article on the Bogleheads Guide Facebook page, Mel! :beer Rick Ferri Great article showing why investors should use index funds in their portfolio to gain financial independence. I thought it should be read by every investor I could reach, Rick, so I also posted it on Mornings...

Hi: We have a new page in the wiki devoted to providing a consolidation of S&P SPIVA scorecard reports. S&P Indices Versus Active (SPIVA®) measures the performance of actively managed funds against their relevant S&P index benchmarks.[1] SPIVA scorecard reports have been issued covering ...

Hi Taylor:

You might find these articles from William Bernstein's Efficient Frontier to be helpful:

Efficient Frontier
The Dunn�s Law Review
Dunn�s Law Review�Foreign Funds

regards,

Hi: You can laboriously gather historical data for Vanguard funds through the SEC EDGAR filing system. Here is the link: Vanguard . Fund returns can be accessed through the annual report filings. For years prior to 2003 you will need to search for the N-30D reports. (Here is an example of such a sea...

Hi: With the expansion of Bogleheadism (sic) to the investing public of Taiwan (see the upcoming Taiwan Bogleheads Conference ) I have attempted to provide some hopefully helpful resources for Taiwan investors in a number of wiki pages. These new wiki pages provide information on Taiwan benchmark in...

Hi: In the Prospectus and Statement of Additional Information section of the Vanguard Preliminary Prospectus for the International bond index funds (May 2013) , we have the following: As of January •, 2013, the target index for the Vanguard Total International Bond Fund held a substantial percentage...

Hi: Vanguard Institutional has recently published a 40 page whitepaper, Vanguard's principles for investing success, where the fundamental principles of investment planning are examined from the Vanguard perspective. Link: Vanguard's principles for investing success , Vanguard Institutional, 03/07/2...

Hi: March 21 2012 Malkiel interview at index.universe.com. : Malkiel: Dividend & EM Bond ETFs Place To Be Burton Malkiel, the Princeton economics professor emeritus and author of the index investing classic “A Random Walk Down Wall Street,” had a lot to say about the perils of relying on U.S. Tr...

Hi: Two recent academic papers regarding International real estate. 1. Gallo, John G., Lockwood, Larry J. and Zhang, Ying, Structuring Global Property Portfolios: A Cointegration Approach. Journal of Real Estate Research, Vol. 35, No. 1, 2013. Available at SSRN: http://ssrn.com/abstract=2236254 Abst...

Hi:

Also refer to our wiki page: Frontier market stocks - Bogleheads.

regards,

Hi:

Documentation of historical highlights can be found at The Bogleheads® - Bogleheads.

regards,

Hi:

See the wiki for historical tax information regarding the LifeStrategy funds :Vanguard LifeStrategy Fund Tax Distributions - Bogleheads.

regards,

Hi: An additional link: BlackRock, Fidelity Launch ETF Partnership BlackRock, the owner of the world’s biggest ETF company, iShares, agreed to help Fidelity Investments’ in its much-anticipated efforts to become a much bigger player in the fast-growing world of index exchange-traded funds. Also, Fid...

Hi :

Wiki resources:

Vanguard Total Stock Market Index Fund Tax Distributions - Bogleheads
Vanguard LifeStrategy Fund Tax Distributions - Bogleheads

regards,

Hi Eric: You might enjoy the following: Chambers, David, Dimson, Elroy and Ilmanen, Antti S., The Norway Model (October 10, 2011). Available at SSRN: http://ssrn.com/abstract=1936806 or http://dx.doi.org/10.2139/ssrn.1936806 Abstract: The Norwegian Government Pension Fund Global was recently ranked ...

Hi: As an aid to getting started, I have created a template and category for any future Taiwan related pages in the wiki: Category:Taiwan - Bogleheads Some quick search links: Taiwan Stock Exchange (TWSE) (english) FTSE TWSE Taiwan 50 Index (english) FTSE Taiwan index series Central Bank of the Rep...

Keep in mind that today's Vanguard Life Strategy funds will be changing in the near future with the addition of Vanguard's hedged international bond fund. Ditto for Target Retirement funds. Change will be sometime after May 2013. Thanks for the heads up! Any opinions of this change? Does anyone kno...

Hi: As an aid to getting started, I have created a template and category for any future Taiwan related pages in the wiki: Category:Taiwan - Bogleheads Some quick search links: Taiwan Stock Exchange (TWSE) (english) FTSE TWSE Taiwan 50 Index (english) FTSE Taiwan index series Central Bank of the Repu...

Hi:

Regarding Vanguard brokerage commission expense, we have a wiki page that provides some recent data.

Vanguard 2011 brokerage commission expense - Bogleheads.

regards,

Eric: Your return numbers are valid if future inflation is 0%. However, if real asset class returns= nominal returns - inflation, then the after tax numbers will shift: At 2% inflation, assuming a 25% tax rate (imposing a .5% tax bite): 37.5% of return is lost to taxes in scenario one 42.8% of retur...

magician wrote:

"Annual income 20 pounds, annual expenditure 19.6, result happiness. Annual income 20 pounds, annual expenditure 20.6, result misery."

I recall reading this somewhere . . . .

Spoken by Wilkins Micawber in Charles Dicken's David Copperfield.

regards,

From Subject: Join the Wiki! : Maybe not the correct place for this, but I've been curious if the "MRD Suspended for 2009" section that appears on so many pages is still relevant. It's on basically every page that talks about a vehicle with a MRD. This section is used IRA Distribution Tab...

Hi bpp and Karamatsu:

I have created a footnote entry for this thread in the Investing in Japan wiki page: Investing in Japan - Bogleheads.

Thanks,

Hi Larry et al: In the wiki, we have a page devoted to historical Vanguard Municipal bond fund tracking error. In footnote 4 we have a spreadsheet devoted to the Vanguard Long Term Municipal bond fund. The "duration" tab of this sheet provides the duration of both fund and index benchmark ...

Hi: Portia's address to Shylock: The Merchant of Venice by William Shakespeare - Portia's speech Portia asks Shylock for mercy.Antonio's ship is lost so he cannot pay. Shylock brings Antonio to court for his pound of flesh. Portia dresses up as a lawyer to defend Antonio. This is her first speech to...

Vanguard Target Date Funds are "set it and forget it" funds until Vanguard changes its mind. In that sense, they are just a different version of a managed fund, where the manager (Vanguard) can change the allocation at any time. Not enough stocks, change the allocation. No tips, change th...

Hi:

New wiki page in development: Vanguard four fund portfolio - Bogleheads

regards,

Hi: Vanguard Institutional has a page devoted to the on-going shift of index funds to benchmarks provided by CRSP and FTSE. Here is the link: Getting up to speed on benchmark changes . Topics include: *An overview of the changes. *Vanguard's views about transaction costs, tracking error, and the pot...

All, Thanks for the additional feedback. I especially liked the link to the paper by Sharpe. My final personal conclusion is that it is theroretically possible for the average fund to beat index funds (even after costs), but it probally doesnt matter for two reasons: 1- As many people have pointed ...