Search found 15 matches

by AaronS
Wed Jun 21, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

If you make six purchases per year (about what you would need to maintain a three-fund portfolio with some rebalancing), that's $126. I'm following the logic, but it does not seem reasonable to make only 6 purchases a year. A 401k alone usually means 12 or 24 or 26 purchases a year and this person ...
by AaronS
Tue Jun 20, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

AaronS- Several posters have said it. American Funds . Here's a quote from Larry Swedroe last year about them: American is very disciplined in sticking with their asset classes, no style drift, and low turnover and relatively low costs. So in some ways closer to passive than many active funds. Also...
by AaronS
Tue Jun 20, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

So the OP has to buy loaded funds but the load is waived, but he gets charged commission to purchase the fund(s) each time? How much is the commission per buy? You are correct in that I can no longer purchase no load funds per company policy. I do not get charged a commission on MF shares though. I...
by AaronS
Tue Jun 20, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

It appears you have the choice between using higher ER funds (index or actively managed) or pay trading costs for ETFs. It's a ridiculous choice, but no worse than many people have when their 401ks don't offer low cost index funds. The American Funds generally receive good comments around here - th...
by AaronS
Tue Jun 20, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

Rydex offers an S&P 500 index fund, RYSOX, with a 4.75% load and a 1.55% expense ratio. It cannot possibly be a good option to pay a 1.55% expense ratio for an index fund, but it is indeed a loaded index fund. Pretty awful. It would be better to use Class A American Funds. Yes, I was thinking the s...
by AaronS
Tue Jun 20, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

I will answer your question in the interest of keeping you employed there. I would give up on the index funds and put them in loaded high cost active funds. If this job is slowly eating at you I would go find a fee only firm. Now if it were me I would quit because it goes against my boglehead belie...
by AaronS
Mon Jun 19, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

I think we are too far out in the weeds with this discussion. Let's back up. You say that your Compliance Dept requires that you keep all your investments with your employer. I would question that assertion closely. Such a "requirement" does not make sense to me. Don't blindly accept their interpre...
by AaronS
Mon Jun 19, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

Another way to DCA with a commissions is to have as few commissions as possible. One month buy VTI, next month DCA into cash. Next month buy VXUS with the cash and contributions. Next month cash. Next month buy BND. You could decide how many transactions you will do every year. AaronS - I would agr...
by AaronS
Mon Jun 19, 2017 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

You need to get a new job Aaron. Find an Ops job elsewhere, take your skills to an employer which values you. Absurd is an understatement. Thank you for the feedback. I will consider my options. Anyone looking to hire? I have a Finance degree, am Series 7 licensed, and have 10+ years in the industr...
by AaronS
Mon Jun 19, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

Found a couple dozen candidates using the Zacks mutual fund screener. Criteria used: Load=Y, Portfolio turnover <= 25, Total issues >= 300 . Not all returned candidates were index funds, but most were. Thank you, prudent. I will have a look at that fund screener, and see what I can come up with. I'...
by AaronS
Mon Jun 19, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

Gadget wrote:So curious which firm is doing this... Sounds very Edward Jonesian.
I would love to say, but I don't feel bashing my employer is the smartest move on my part. It is not EJ :happy
by AaronS
Mon Jun 19, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

IMO, that's absurd. My recommendation would be to look for a new job where your and your clients' interests are on the same side of the table. I agree, it's frustrating. I do not personally have "clients", as I work in Ops. Although I could look for a new job, that may be a bit knee jerk, and this ...
by AaronS
Mon Jun 19, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

When you say you can purchase A shares at NAV, do you mean you would be buying funds with front-end loads, but the load would be waived for you? Yes, I could buy Class A shares, which carry a front end load... being an employee of a broker/dealer, I am able to purchase funds at NAV, which would mea...
by AaronS
Mon Jun 19, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Re: Need to find Loaded Index Funds

Due to the new Fiduciary Rule, my firm no longer allows me to invest in no load funds, The contorted logic which would have to go into that sort of reading of the fiduciary rule is literally beyond my comprehension. Believe me, the humor/hypocrisy is not lost on me. My firm is interpreting the Fidu...
by AaronS
Mon Jun 19, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4897

Need to find Loaded Index Funds

Hello, I currently invest in the Gone Fishing Portfolio asset allocation model utilizing Vanguard funds. I do this using a dollar cost average approach monthly, with some annual re-balancing. I also work for a broker dealer, and am required to keep my investment accounts in-house by our compliance d...