Search found 155 matches

by BetaTracker
Thu Jun 22, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Do Indexers Need 401(k) Plans?
Replies: 15
Views: 2021

Re: Do Indexers Need 401(k) Plans?

Thanks everyone -- sure saves me money asking ya'll rather than going to a CPA's office! Since everything's now at Vanguard, both our personal taxable accounts, IRAs and now the 401k), think it's best to max out the 401(k).
by BetaTracker
Thu Jun 22, 2017 12:45 am
Forum: Investing - Help with Personal Investments
Topic: Do Indexers Need 401(k) Plans?
Replies: 15
Views: 2021

Do Indexers Need 401(k) Plans?

After years of terrible 401(k) options, my employer finally switched to Vanguard. Now I can invest in the same index funds as in our brokerage account at Vanguard. My question is: Since we use a basic three-fund index portfolio, which is already very tax efficient, is there any real upside to contri...
by BetaTracker
Sat Jun 03, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4521

Re: Time to Move Away from 3-Fund Portfolio?

I hear everyone about going with Balanced Fund or something similar with taxable bonds in a taxable account as opposed to paying up for Vanguard's PAS service. The problem is that I really don't feel like gambling on tax rates over the next 30-40 years, which is what we're ultimately looking at for ...
by BetaTracker
Fri Jun 02, 2017 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4521

Re: Time to Move Away from 3-Fund Portfolio?

Thanks for all of the great input. We've sat down and talked about our options and decided to stick with our three fund portfolio. My wife brought up a lot of things that could go wrong and didn't express a lot of confidence in managing everything on her own. We went over costs of hiring another adv...
by BetaTracker
Fri Jun 02, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4521

Re: Time to Move Away from 3-Fund Portfolio?

Oh, thanks. The problem comes from the fact that we've both got traditional IRAs and Roths. So in total there are five different accounts with varying mixes of Total Stock, Total International and in the IRAs, Total Bond. My wife just gets dizzy looking at it all! It's easy for me to juggle but she'...
by BetaTracker
Fri Jun 02, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4521

Time to Move Away from 3-Fund Portfolio?

Taylor recommends the three-fund portfolio for those without taxable accounts. We've been following that advice since about 20% of our portfolio is in a taxable account. I'm just trying to plan ahead for a time when my wife, who has no interest in handling our portfolio, might have to take over. Our...
by BetaTracker
Wed May 31, 2017 12:28 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets Index Missing Big Names
Replies: 30
Views: 3544

Re: Emerging Markets Index Missing Big Names

Since it has been around (iShares only offered EEM at 0.7% for years -- nice!), the new IEMG and VWO so far have nearly identical three year price returns, according to Morningstar.
by BetaTracker
Tue May 30, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Index Missing Big Names
Replies: 30
Views: 3544

Re: Emerging Markets Index Missing Big Names

Wow, pretty self-serving. Thanks for the education nisiprius, Dominic and lazyday! Even more reason to stay away from individual stocks.
by BetaTracker
Tue May 30, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Index Missing Big Names
Replies: 30
Views: 3544

Re: Emerging Markets Index Missing Big Names

So again Vanguard is watching out for us. Just goes to show ...
by BetaTracker
Tue May 30, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Index Missing Big Names
Replies: 30
Views: 3544

Emerging Markets Index Missing Big Names

What does anyone think of this story on MarketWatch? It points out that Vanguard's emerging markets index fund and ETF doesn't include two of the biggest companies, Alibaba and Baidu. Although those are just two companies, the article points out that both have big market caps and are prominent membe...
by BetaTracker
Sat May 27, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: California municipal / VCLAX
Replies: 15
Views: 1585

Re: California municipal / VCLAX

Closed-end bond funds often are fairly leveraged. The ones you're looking at don't seem to be trading right now at great discounts, either. If you're looking at these CEFs, maybe a first question should be: Do you want an open-end fund (like Vanguard's), or do you want a closed-end fund? An even bet...
by BetaTracker
Sun Mar 26, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Liabilities
Replies: 8
Views: 944

Re: Estate Tax Liabilities

Thanks for your comments! The lawyer in question does advertise as an estate expert. My hope is that my father simply doesn't understand and what is going on is that he's being set up with an irrevocable trust. I will ask the lawyer myself.
by BetaTracker
Fri Mar 24, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Liabilities
Replies: 8
Views: 944

Estate Tax Liabilities

Does this sound right: A lawyer is telling my dad that he should split up his assets and create new accounts in order to cut any possible future inheritance tax bills. His taxable account is wrapped under a living trust. But this trust account has just two index funds, adding up to less than $500k. ...
by BetaTracker
Mon Mar 20, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Short Vs. Intermediate Corp. Bonds
Replies: 6
Views: 806

Re: Short Vs. Intermediate Corp. Bonds

Thanks -- supports my inclination to stick with TBM and not add a small overweight to corporates. I'm less concerned about trying to play yields than total return over the long turn, in any case. (For explanation about the "bigger bang"comment, I read somewhere that the risk-reward tradeof...
by BetaTracker
Sun Mar 19, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Short Vs. Intermediate Corp. Bonds
Replies: 6
Views: 806

Short Vs. Intermediate Corp. Bonds

I've read that short-term corporate bond funds like the Vanguard Short-Term Bond Index provide more bang for your buck than something like the Intermediate-Term Corporate fund. I'm considering adding one to fill a 25% slot in our bond portfolio that recently opened due to a new one-time source of mo...
by BetaTracker
Sun Feb 26, 2017 1:57 am
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 4957

Re: How to Split Pension

I'll take our low cost globally diversified three index fund folder over anything a pension plan says it can guarantee. Regardless, a funny twist has developed. I've shown my wife all of your comments and it's inspired probably the most extensive financial discussion we've ever had. She is genuinely...
by BetaTracker
Wed Feb 22, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me about Raymond James?
Replies: 28
Views: 4354

Re: Tell me about Raymond James?

As an investor I definitely agree Raymond James charges too much for my tastes, barnaclebob. On the other hand, for an employee I wonder how you'd look at things. If Vanguard charges us such low fees, I'd think it certainly isn't paying the highest wages to its workers. What's the tradeoff?
by BetaTracker
Wed Feb 22, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me about Raymond James?
Replies: 28
Views: 4354

Re: Tell me about Raymond James?

Sounds like they've built a highly ethical culture built around letting their employees do well by their clients. Found this that might help:
http://financialadvisoriq.com/c/1290043/145903
by BetaTracker
Tue Feb 21, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 4957

Re: How to Split Pension

Lots of good info to chew on -- we hadn't even thought about asking for relative value data. They haven't offered it to us at this point. Does anyone think that hiring an hourly planner to run the numbers for us might be a good idea? (Neither of us are good with spreadsheets!) Or is that a waste of ...
by BetaTracker
Tue Feb 21, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Moving away from Edward Jones to Vanguard
Replies: 50
Views: 5678

Re: Moving away from Edward Jones to Vanguard

Congratulations! We did the same thing about 15 years ago. Never looked back. Although it was awhile ago -- and our EJ broker was a personal family friend we trusted -- I might offer a few pointers. In our case, we had to sell all of our funds first. This was hard simply because we really liked our ...
by BetaTracker
Tue Feb 21, 2017 12:59 am
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 4957

Re: How to Split Pension

Leif -- how do you get the "even" option? Not sure her employer offers such a possibility -- or am I misunderstanding?
You also suggest putting some of the higher pension into life insurance. You'd do that rather than putting it into our investment portfolio?
by BetaTracker
Mon Feb 20, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 4957

Re: How to Split Pension

That sounds like a good idea -- take the maximum amount and put $500/month into our investment portfolio at Vanguard. We really don't need the extra money right now to live on -- we can pretty much live off her Social Security benefits and I'm planning on working for at least several more years. As ...
by BetaTracker
Mon Feb 20, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 4957

How to Split Pension

My wife is planning on retiring in a few months.Her company also offers a traditional pension through an annuity. She has the option of taking 100% for herself and zero for her husband, plus various percentages the other way to an equal 50/50 split. The difference is $500 a month ($2,500 vs. $2,000)...
by BetaTracker
Sat Feb 04, 2017 8:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 73
Views: 17553

Re: San Jose, CA Area Bogleheads Chapter

Wow, if you're serious I think that would be amazing! I see light at the end if a long, long tunnel of trying to get my wife even faintly interested in our portfolio! That sounds like fun!!
by BetaTracker
Sat Feb 04, 2017 1:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 73
Views: 17553

Re: San Jose, CA Area Bogleheads Chapter

Hi, I'm trying to get my wife involved with at least learning how to rebalance our portfolio. We're not going to be available for the February meeting. But would it be possible to suggest a future meeting theme around nudging spouses who aren't into investing that it isn't all that difficult (or dul...
by BetaTracker
Sat Feb 04, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab "Consultants" Vs. Vanguard PAS
Replies: 9
Views: 1253

Re: Schwab "Consultants" Vs. Vanguard PAS

Thanks for all of the insights. We're in a little different situation because as long as I'm around, this forum provides plenty of resources for me to make sure we're staying the course. Right now, we don't anticipate needing an advisor. But my wife has zero interest in finances. I've tried to get h...
by BetaTracker
Fri Feb 03, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab "Consultants" Vs. Vanguard PAS
Replies: 9
Views: 1253

Schwab "Consultants" Vs. Vanguard PAS

Schwab is offering us free support through a local "consultant" rather than using Vanguard's PAS at 0.30% per year. For us, that would mean a savings of several thousands of dollars a year. The consultant they want us to talk to has a CFP. (Researching online, however, it doesn't appear th...
by BetaTracker
Mon Jan 02, 2017 5:14 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond Market v. Inter-Term Bond Index v. I-T Investment Grade Inv
Replies: 19
Views: 2981

Re: Vanguard Total Bond Market v. Inter-Term Bond Index v. I-T Investment Grade Inv

The Barclays Capital U.S. MBS Index gained more than 7% in 2008. (A possible explanation: Didn't the Fed back up the truck and buy a boat load of MBS issues during the financial crisis to help prop up our decimated mortgage markets?) By the way, Vanguard's site lists the Vanguard Intermediate-Term I...
by BetaTracker
Wed Dec 14, 2016 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Advisory Hybrid Service
Replies: 8
Views: 1288

Re: Schwab Intelligent Advisory Hybrid Service

Paul, it won't launch until sometime in the first half of next year. One issue I've got with this new robo is that Schwab seems to be sticking with set model portfolios. I assume like with their free existing online service, you can tilt allocations somewhat between the same funds, adding dashes of ...
by BetaTracker
Mon Dec 05, 2016 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2557

Re: Is Federal Health Benefits Program A Good System?

That was a very interesting Atlantic article, thanks Rupert! My impression is that's what Barron's talking about -- a combination of public and private sector plans to maintain a multi-payer system that takes from the best of both sectors and forces competition to keep prices reasonable. My understa...
by BetaTracker
Mon Dec 05, 2016 1:00 pm
Forum: Investing - Theory, News & General
Topic: Israelsen's Research on International Bonds
Replies: 8
Views: 1003

Re: Israelsen's Research on International Bonds

Interesting -- this does seem a bit inconsistent and inconclusive. In reviewing our simple three-fund portfolio, a Vanguard advisor recently told me that in PAS accounts they're no longer accepting new clients who aren't open to at least a little bit of int'l fixed-income exposure. Hopefully I mishe...
by BetaTracker
Mon Dec 05, 2016 11:31 am
Forum: Investing - Theory, News & General
Topic: Isn't Vanguard misleading investors with BNDX?
Replies: 11
Views: 2433

Re: Isn't Vanguard misleading investors with BNDX?

Aren't transaction costs and these sort of added expenses typically disclosed in a fund's secondary addendum filings, available at the SEC's site?
by BetaTracker
Mon Dec 05, 2016 10:59 am
Forum: Investing - Theory, News & General
Topic: Israelsen's Research on International Bonds
Replies: 8
Views: 1003

Israelsen's Research on International Bonds

Professor Craig Israelsen is arguing in a recent paper that the way to handle a period of rising rates is to diversify your bond allocation. In particular, he's pushing the need to think globally. He presents an interesting chart comparing U.S. bond vs. international bond returns over time. (Below i...
by BetaTracker
Sun Dec 04, 2016 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2557

Re: Is Federal Health Benefits Program A Good System?

A dumb question, but would it be possible to merge the public employees' plan with all private corporate plans to create one huge system?
by BetaTracker
Sun Dec 04, 2016 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2557

Re: Is Federal Health Benefits Program A Good System?

So the federal system pools all its employees and sets up a huge market for insurers? I work for a big company -- they offer three different insurers but wouldn't it drive down costs to let in more insurers to compete? (Then again there's probably very few companies with a workforce the size of the ...
by BetaTracker
Sun Dec 04, 2016 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2557

Re: Is Federal Health Benefits Program A Good System?

When you say: Compare that to even a large private employer or certainly an individual looking for coverage -- the risk to the insurer is higher and that is reflected in the costs.
Not sure what you mean -- the risk is higher in what sense?
by BetaTracker
Sat Dec 03, 2016 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2557

Is Federal Health Benefits Program A Good System?

A friend of mine who's also trying to lobby his employer for better healthcare options showed me an interesting article today in Barron's. It points to the Federal Employees Health Benefits Program as a positive example of a well thought out workplace plan that does a good job of holding down costs....
by BetaTracker
Mon Nov 28, 2016 11:25 pm
Forum: Investing - Theory, News & General
Topic: Backtesting International Bonds (as an aggregate)
Replies: 39
Views: 3513

Re: Backtesting International Bonds (as an aggregate)

What about portfolio visualizer? It has a selection under the asset allocation backtesting tool for USD Hedged global bonds (and unhedged) -- goes back to 1999. It shows that in 2008 this asset class lost -2.35%. Personally, I face a quandary since talking to a Vanguard advisor recently who informed...
by BetaTracker
Mon Nov 14, 2016 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 6006

Re: Age 92 Dad Wants to Boost stocks

I sat down with my father last night and I'm pleased to report that he's agreed to only bumping up his allocation in the Vanguard Total Stock fund by 10% to 40%. He's also going to take a small portion out of the Total Bond fund to put into the short-term corporate bond fund. He liked the idea of ad...
by BetaTracker
Sun Nov 13, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 6006

Re: Age 92 Dad Wants to Boost stocks

Thank you for the help! Fortunately, my father is very sharp and no worries about dimentia or anything like that. This is a pure market timing urge, something I thought he was well over. But I think he can't keep from seeing all of the articles coming out about a boom in sectors like infrastructure,...
by BetaTracker
Sat Nov 12, 2016 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 6006

Age 92 Dad Wants to Boost stocks

My father, 92 years young, told me today that he wants to raise his allocation from 30% stocks to 50%. After talking to him again about the dangers of market timing, he's willing to moderate his stance a bit. For someone his age and with an adequate portfolio to meet his needs, do you think 50-50 is...
by BetaTracker
Mon Sep 26, 2016 9:23 am
Forum: Investing - Theory, News & General
Topic: Sharpe Ratio's Shortcomings
Replies: 2
Views: 381

Sharpe Ratio's Shortcomings

The Personal Finance Engineer has a new blog about the strengths and weaknesses of relying too much on Sharpe Ratios. One of its conclusions: Efficiency may be one useful measure to consider, but it doesn’t necessarily equate to “better.” But this blog doesn't really dive into alternatives to do mor...
by BetaTracker
Fri Sep 23, 2016 9:40 am
Forum: Investing - Theory, News & General
Topic: Harvard Endowment Losses Tied to Value Stocks
Replies: 57
Views: 6723

Harvard Endowment Losses Tied to Value Stocks

Not to stir up more noise, but does Harvard endowment's performance last year (worst fiscal year since 2009) raise any red flags about taking bets against the market by tilting portfolios? In the FT, an internal report by Harvard's management is referenced. Besides laying much of the blame on the en...
by BetaTracker
Sat Sep 10, 2016 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Does PAS work with Slice & Dicers? [Vanguard personal advisor service]
Replies: 18
Views: 1760

Re: Does PAS work with Slice & Dicers? [Vanguard personal advisor service]

Thanks, maybe I'll suggest he talk to another advisor. Does anyone know how flexible either Cardiff Park or Evanson are with slicing and dicing portfolios? I ask because a recent forum post presented a proposed portfolio by Evanson. It equal weighted 11 different stock 'asset classes,' which would s...
by BetaTracker
Fri Sep 09, 2016 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Does PAS work with Slice & Dicers? [Vanguard personal advisor service]
Replies: 18
Views: 1760

Re: Does PAS work with Slice & Dicers?

My first response was to suggest he give PAS a call and ask. He's afraid they'll tell him "sure" but won't give much real support or guidance. His concern is that even a slight slice and dice tilt strays too much from Vanguard's philosophy. I couldn't believe they'd be that rigid, but mayb...
by BetaTracker
Fri Sep 09, 2016 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Does PAS work with Slice & Dicers? [Vanguard personal advisor service]
Replies: 18
Views: 1760

Does PAS work with Slice & Dicers? [Vanguard personal advisor service]

Does Vanguard's low cost personal advisor service accept people who prefer to slice and dice their portfolios? I've got a relative who is scared to check PAS because he likes to overweight value and small caps using index funds. Do any slice and dicers have a sense of whether he might face an uphill...
by BetaTracker
Mon Aug 15, 2016 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 72
Views: 7746

Re: Hiring an executor for my will

Does anyone have experience with Vanguard? They offer trust services and I bet at a lower rate than a typical bank. My concern with both, though, is that it can take a long time for a big trust company or bank to take care of things -- I've been warned by a relative who is a lawyer (but doesn't do t...
by BetaTracker
Sun Jul 24, 2016 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 4027

Re: Bonds at an historic high; time to get out?

Does Vanguard have anything similar to TIAA Traditional Annuity or related products?
by BetaTracker
Mon Jul 11, 2016 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity advisory service fee issue
Replies: 39
Views: 3627

Re: Fidelity advisory service fee issue

In same situation with a sibling. I was so horrified by Fidelity's portfolio and advisory fees that I made an offer she couldn't refuse: Stay at Fidelity and I'll takeover running the portfolio. Minus advisor fees and switching into index funds saved her so much that she and her husband went along g...
by BetaTracker
Sat Jul 09, 2016 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - [Using Edward Jones, how to simplify?]
Replies: 20
Views: 2355

Re: Portfolio Review - [Using Edward Jones, how to simplify?]

Folks, I offer this not to alarm the poster but to bring up a real issue -- how do you get cost basis information from banks and brokerages that self-clear accounts for their clients? When we moved my parents' accounts to Vanguard after years of being clients of Edward Jones, their advisor -- who ov...