Search found 70 matches

by Eagle784
Mon Aug 22, 2016 12:29 pm
Forum: Investing - Theory, News & General
Topic: American Home Preservation Fund
Replies: 3
Views: 520

Re: American Home Preservation Fund

Sorry, there was way too much politics and conspiracy woven into Salmon's article for me. This sounds like a mix of charity and investment, which I prefer to avoid. If you feel strongly in the cause championed by Salmon, I encourage you to donate to a charity that has been rated highly for its low ...
by Eagle784
Mon Aug 22, 2016 10:46 am
Forum: Investing - Theory, News & General
Topic: Flash Boys Follow Up: IEX Exchange Goes Live
Replies: 7
Views: 1170

Re: Flash Boys Follow Up: IEX Exchange Goes Live

So is the implication here that high-frequency trading isn't being done to make money? Because the traders/algorithms don't actually produce anything (oh, I mean besides "liquidity"). Yes, and my index funds don't actually produce anything either (oh, I mean besides "dividends")...
by Eagle784
Mon Aug 22, 2016 9:35 am
Forum: Investing - Theory, News & General
Topic: American Home Preservation Fund
Replies: 3
Views: 520

American Home Preservation Fund

I first read about this hedge fund when Felix Salmon wrote it up , and am considering investing some mad money with them (I try to focus on areas I believe are not properly covered by indexes). They take money from non-accredited investors, and claim to have been returning 9 - 12% per year since 201...
by Eagle784
Mon Jul 11, 2016 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Bank of America - Merrill Edge vs. Vanguard
Replies: 27
Views: 2422

Re: Bank of America - Merrill Edge vs. Vanguard

Admiral shares are not available via any non-Vanguard brokerage accounts as far as I am aware. This is Vanguard's doing, not Merrill Edge. Also true that Vanguard mutual funds have a transaction fee at other brokerages besides Merrill Edge. Again, Vanguard's doing, not Merrill Edge. I have several ...
by Eagle784
Wed Apr 06, 2016 8:18 pm
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6350

Re: [DOL Rule on Fiduciary Standard is Released]

LadyGeek wrote:^^^ The wiki has some background info: Investment adviser (Investment adviser firm, last 2 paragraphs)

Here's the one registered in Malvern PA - VANGUARD GROUP INC (CRD# 105958)


Looks like Vanguard has two violations! Brb, must get fire extinguisher.
by Eagle784
Wed Apr 06, 2016 5:45 pm
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6350

Re: Thoughts on ObamaRule?

They're joking right? :oops: The largest companies have a woeful track record when it comes to compliance. One only needs to read the annual report disclosures of the largest financial institutions to see the list of lawsuits, regulatory investigations, fines and penalties handed out. But if that's...
by Eagle784
Wed Apr 06, 2016 10:49 am
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6350

Re: Thoughts on ObamaRule?

This has not been my experience - I don't think much of my dad's advisor, but I'll always be grateful he managed to convince him to remain in Growth Fund of America A shares and similar during the depths of the '08 recession and gave his portfolio a chance to recover. I doubt I would've been able t...
by Eagle784
Wed Apr 06, 2016 9:44 am
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6350

Re: Thoughts on ObamaRule?

The only negative I can see - and it is tough calling this a negative - is that advisers will be more inclined to ignore the small investor. Right now the only way a small investor is profitable is for him to be fleeced; if he can't legally be fleeced he will be ignored. It is tough admitting that ...
by Eagle784
Wed Apr 06, 2016 9:22 am
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6350

Re: Thoughts on ObamaRule?

I have mixed feelings - I think the outright abuse ought to be able to have been addressed by enforcing existing rules. My experience with firms selling fiduciary services is that they are looking for far more control over the assets than I am comfortable with, and I'm not sure I'm looking forward t...
by Eagle784
Tue Dec 22, 2015 12:16 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 26
Views: 1926

New Vanguard Emerging Market Bond Fund

Announced yesterday, it will be actively managed and unhedged, with a 0.60% expense ratio for Investor shares and 0.45% expenses for the Admiral shares ($50,000 min.) and no purchase fees listed in the preliminary prospectus so far. Press release from Vanguard: https://personal.vanguard.com/us/insig...
by Eagle784
Wed Nov 18, 2015 9:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 781
Views: 128378

Re: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]

Probably good news if you're a shareholder, Danon's whistelblower lawsuit was dismissed with prejudice in the NY Supreme Court (note, not the highest court in NY): http://www.philly.com/philly/business/20151118_N_Y__justice__Danon_cannot_collect_whistleblower_cut_in_Vanguard_case.html Court agreed w...
by Eagle784
Thu Apr 16, 2015 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Tax Preparer Guarantees
Replies: 11
Views: 1420

Re: Tax Preparer Guarantees

‎ Thanks everyone for the feedback and guidance, I appreciate it. An update: I decided to pay HR Block for using their Best of Both service with the Peace of Mind Guarantee. In Best of Both, you first use their online software to enter all your information and then one of their tax professionals loo...
by Eagle784
Tue Apr 14, 2015 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Preparer Guarantees
Replies: 11
Views: 1420

Re: Tax Preparer Guarantees

Here's what the IRS says: To be deductible, your expenses must be for education that (1) maintains or improves your job skills or (2) that your employer or a law requires to keep your salary, status or job. However, even if the education meets either of these tests, the education cannot be part of ...
by Eagle784
Tue Apr 14, 2015 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Preparer Guarantees
Replies: 11
Views: 1420

Re: Tax Preparer Guarantees

Now I want to know what this deduction would be. A tax preparer might provide written advice, but it will be provided based on information you give them and they ultimately make the client sign off saying it is the client's responsibility. I doubt any tax shop would let you take the deduction witho...
by Eagle784
Tue Apr 14, 2015 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Tax Preparer Guarantees
Replies: 11
Views: 1420

Tax Preparer Guarantees

Hello, While I usually do my own taxes, I'm looking at taking a large deduction on my personal taxes this year and would feel more comfortable if I had a tax preparer provide written advice and sign off on it. I noticed H&R Block offers a guarantee that they'll pay the interest and penalties up ...
by Eagle784
Fri Sep 26, 2014 12:01 pm
Forum: Investing - Theory, News & General
Topic: Bill Gross moving from PIMCO to Janus, Monday
Replies: 119
Views: 14002

Re: Bill Gross moving from PIMCO to Janus, Monday

Can anyone remember ever before hearing a news story using language like that in a situation like that? Seems to be a risk with becoming a big bond manager - the rumors surrounding Gundlach's departure from TCW a few years ago were pretty gruesome. Seems odd for Vanguard devotees to be throwing sto...
by Eagle784
Fri Sep 26, 2014 9:50 am
Forum: Investing - Theory, News & General
Topic: Bill Gross moving from PIMCO to Janus, Monday
Replies: 119
Views: 14002

Re: Bill Gross moving from PIMCO to Janus, Monday

I agree there is such a thing as manager risk, especially for illiquid investments, but this is not it. People can liquidate their Total Return shares tonight (or immediately if you're in the ETF) and move to Vanguard. Seems odd for Vanguard devotees to be throwing stones at other bond funds - expec...
by Eagle784
Wed Jan 29, 2014 2:27 pm
Forum: Investing - Theory, News & General
Topic: MYRA OFF TOPIC UNTIL ACTIONABLE (merged threads)
Replies: 68
Views: 5617

Re: MYRA OFF TOPIC UNTIL ACTIONABLE (merged threads)

President just signed the executive order directing the Treasury to create this. Still not sure what 'this' is though.
by Eagle784
Wed Aug 14, 2013 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: AA-tracking tool?
Replies: 30
Views: 2736

Re: AA-tracking tool?

Tried to attach it to post so you can add to your blog/article (if you opt to) but I couldn't for some reason, the forums probably doesn't allow attachments for posts. Edit: Strictly, I'm really looking for an AA tracking tool that actually allows me to input original # of shares for a fund or ETF,...
by Eagle784
Sat Jul 27, 2013 9:52 am
Forum: Investing - Theory, News & General
Topic: X-Raying My 1* Portfolio
Replies: 1
Views: 446

X-Raying My 1* Portfolio

I recently realized that using the free tool on the Morningstar site and accessing the portfolio sharing screen provides a bunch of information from the usually paywalled X-Ray service. I briefly used the T Rowe site to accomplish this, but this is way better as it lets you bulk upload transactions....
by Eagle784
Thu Jun 20, 2013 11:00 am
Forum: Investing - Help with Personal Investments
Topic: HP Fidelity 401k - Please Portfolio Review & Advice
Replies: 3
Views: 1286

Re: HP Fidelity 401k - Please Portfolio Review & Advice

If you can tell us the index that the index funds follow, we may be able to help you better.
by Eagle784
Thu Feb 14, 2013 1:49 pm
Forum: Investing - Theory, News & General
Topic: McGraw-Hill (S&P) fires back
Replies: 33
Views: 2368

Re: McGraw-Hill (S&P) fires back

Just to be clear - an MBS tranche is a financing mechanism by the lenders used to offload loans (risk) to third-parties. If the MBS mechanism was not available, the amount of lending capacity would drop precipitously as the banks would have to hold capital on their books in reserve. In other words,...
by Eagle784
Thu Feb 14, 2013 10:37 am
Forum: Investing - Theory, News & General
Topic: McGraw-Hill (S&P) fires back
Replies: 33
Views: 2368

Re: McGraw-Hill (S&P) fires back

Read between the lines - investors if you will, were buying packaged MBS securities, yes. The ultimate end-user (the home purchaser) had no idea that an oligopoly was instrumental in causing an overheated marketplace by assigning worthless valuations that led to severe overpayment of assets finance...
by Eagle784
Thu Feb 14, 2013 1:27 am
Forum: Investing - Theory, News & General
Topic: McGraw-Hill (S&P) fires back
Replies: 33
Views: 2368

Re: McGraw-Hill (S&P) fires back

I made no argument against them paying any price for fraud, if they did in fact commit fraud. I was specifically addressing the comment that today's S&P ratings are worthless. They aren't. If in fact S&P committed fraud and provided worthless ratings in the past, how can you be certain they...
by Eagle784
Wed Feb 13, 2013 9:49 am
Forum: Personal Consumer Issues
Topic: New car: I'm about to replace my 2003 Accord V6.
Replies: 66
Views: 9871

Re: New car: I'm about to replace my 2003 Accord V6.

A 2012 RAV4 V6 (182in.) is a smallish car with a v6 (269hp) and under $30K (if you hurry, you should still be able to find it new).

Not sure about the AC etc.
by Eagle784
Tue Oct 02, 2012 1:46 pm
Forum: Investing - Theory, News & General
Topic: Shifts in VG Tracking Indexes Announced
Replies: 155
Views: 19515

Re: Shifts in VG Tracking Indexes Announced

In case anyone else was also curious, FTSE Global All Cap ex-US covers three countries that MSCI ACWI ex-US IMI didn't: Morocco, Pakistan, and the United Arab Emirates. On the other hand MSCI has around 9,000 positions, while FTSE has only about 5,300. The only thing that concerns me is the 5yr tota...
by Eagle784
Thu Mar 22, 2012 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Supplement Vanguard 401K with Vanguard Roth
Replies: 3
Views: 388

Re: Supplement Vanguard 401K with Vanguard Roth

Thanks, I'm not sure I'm convinced of the value of tilting to small -cap value yet, so i'm holding off -instead i'm aiming to hold as much of the market as is feasible at the market weights.

I've been thinking about REITs; however, what's the case for holding more than the 3% or so that is in TSM?
by Eagle784
Wed Mar 21, 2012 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Supplement Vanguard 401K with Vanguard Roth
Replies: 3
Views: 388

Re: Supplement Vanguard 401K with Vanguard Roth

After browsing around the forum a bit, I found out that Total Bond Market does not contain high-yield bonds, so I'm probably going to replace some of my TBM allocation in my Roth with that; likely in Rick Ferri's recommended 6:2:2 ratio. Are there any other funds I should be aware of?

Thanks.
by Eagle784
Mon Mar 19, 2012 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Supplement Vanguard 401K with Vanguard Roth
Replies: 3
Views: 388

Supplement Vanguard 401K with Vanguard Roth

I’m getting some new Vanguard funds in my 401k (listed below) to replace our collective trust index funds, and I’m looking for recommendations for how to best complement them with my Vanguard Roth. I don’t know the share class yet, but we use the institutional version of the Vanguard TIPS fund, so I...
by Eagle784
Thu Mar 15, 2012 2:35 pm
Forum: Personal Consumer Issues
Topic: Current equivalent to a Taurus car?
Replies: 44
Views: 3130

Re: Current equivalent to a Taurus car?

An E-Class Wagon should be at least as large and is only an inch taller than the Taurus.
by Eagle784
Wed Feb 08, 2012 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Man in the Browser Malware defeats 2-step bank authent
Replies: 27
Views: 2716

Re: Man in the Browser Malware defeats 2-step bank authent

I don't get why I should care - I'm not liable for fraud in my personal checking/saving accounts. Worst case scenario, there's a small risk I pay my credit card bills a little late one month - the card company will most likely waive the late fee when I explain. Just doesn't seem worth the tine and h...
by Eagle784
Fri Jan 27, 2012 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Employer With Our 401K
Replies: 25
Views: 2834

Re: Helping My Employer With Our 401K

@Eagle784 You're right, we're not too big for Vanguard. I was confused. Current assets in our plan are in the mid single digit millions with 200+ participants. We've hired a third party fiduciary. He is liable for investment selection. Not sure if that's the same thing as a 3(38) fiduciary but I wi...
by Eagle784
Fri Jan 27, 2012 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Employer With Our 401K
Replies: 25
Views: 2834

Re: Helping My Employer With Our 401K

A few thoughts: - How are you too big for Vanguard, but only have A-shares at ML? Vanguard recordkeeps billion dollar plans. Something's not right here. - Your plan probably has less than $50M - if you want to stay at ML, expect your plan admin costs to rise if you put a lot of assets into cheap ind...
by Eagle784
Mon Sep 05, 2011 7:57 am
Forum: Investing - Help with Personal Investments
Topic: making the best of bad 401k choices
Replies: 23
Views: 1498

I wouldn't be so quick to dismiss the SSgA target dates - I believe it's generally an assortment of index funds underlying them. See if the fact sheet has any information on it. Edit: They should be disclosing the expenses somewhere, even if it's not the usual place because it's a collective trust. ...
by Eagle784
Sat Jun 18, 2011 10:59 am
Forum: Personal Finance (Not Investing)
Topic: am I being unreasonable? Trying to "sneak" savings
Replies: 158
Views: 21479

The rending of garments in the replies over the dogwalker are hilarious. I wonder if people in the third world have the same reaction when hearing about someone who can afford multiple pairs of shoes. Your shortfall is practically a rounding error compared to your income, and you're saving plenty. I...
by Eagle784
Mon Oct 04, 2010 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Principal Separate Accounts - Anything Fishy Here?
Replies: 16
Views: 3180

They are almost certainly disclosing the fees somewhere - it's either buried in a footnote somewhere in the annual report for each account, or it's in the plan's annual report. Probably in the annual report (IRS 5500) that must be provided on request to participants. You don;t get it unless you req...
by Eagle784
Sun Oct 03, 2010 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Principal Separate Accounts - Anything Fishy Here?
Replies: 16
Views: 3180

They are almost certainly disclosing the fees somewhere - it's either buried in a footnote somewhere in the annual report for each account, or it's in the plan's annual report.
by Eagle784
Fri Oct 01, 2010 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value Fund
Replies: 34
Views: 5769

Since the manager of this stable value fund has an almost unlimited transfer restriction authority, what is more important is the credit quality of the underlying investments than the credit quality of the insurance company. If interest rates rise too fast for the depth of their pockets, they can s...
by Eagle784
Sun Sep 12, 2010 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Friends and money: better left unsaid?
Replies: 34
Views: 6711

Re: Friends and money: better left unsaid?

OK bogleheads, let it rip - have you relationships been adversely affected because you count pennies and keep your numbers to yourself and others pay 14% APR? Maybe some of them have found a middle ground between keeping $2M in the bank and paying a 14% APR. In any case, how will people find out if...
by Eagle784
Mon Sep 06, 2010 8:11 pm
Forum: Investing - Theory, News & General
Topic: grok says I know that Fidelity is ultimately out to screw me
Replies: 72
Views: 7425

Re: grok says I know that Fidelity is ultimately out to scre

It's not entirely sporting to compare C shares of other companies to American Funds' A shares. I see American Funds doesn't offer a C share of this fund, but the R1 share with a 100 bps 12b-1 probably isn't far from the expense ratio a C share would have, is at 1.61%. If the R1 was a retail share c...
by Eagle784
Mon Sep 06, 2010 5:11 pm
Forum: Investing - Theory, News & General
Topic: grok says I know that Fidelity is ultimately out to screw me
Replies: 72
Views: 7425

Re: grok says I know that Fidelity is ultimately out to scre

The target type funds are a different matter. Very over priced. Yes and no. Let's use the Vanguard website to search on funds from many fund families that have "2040" in the name :) Fidelity, Vanguard, then, the next five hits in alphabetical order and sort the whole thing by expense rati...
by Eagle784
Wed Sep 02, 2009 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Portfolio Help
Replies: 16
Views: 3693

Thanks for everyone's help thus far. We got a new fund in our 401k, the Vanguard Inflation Protected Securities Fund Institutional Class (VIPIX). The rest of the funds remain the same as above. I was planning on reallocating my portfolio as follows: ML Equity Index Trust (S&P 500 Index) 46% ML I...
by Eagle784
Tue Feb 17, 2009 10:22 pm
Forum: Investing - Theory, News & General
Topic: With no budget, California to cut 20,000 state jobs
Replies: 69
Views: 10335

Who says 'starve the beast' doesn't work?
by Eagle784
Sun Feb 08, 2009 3:39 pm
Forum: Personal Consumer Issues
Topic: NYtimes: The End of the Princeton Pipeline to Wall St?
Replies: 25
Views: 3496

Re: Maybe this is good

Maybe this will be a good reallocation of resources. Maybe some smart grads will work on the next Microsoft or Google, and benefit society to a greater degree, than just make money for large corporations by learning how to shift money around and sell AAA-rated boxes of turds. Maybe not, but we coul...
by Eagle784
Thu Jan 22, 2009 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why Are Bogleheads Using Money Market Funds?
Replies: 55
Views: 10416

If you are really concerned about getting the most, why not get a part time job on top of your full time job. The hours you spend looking for rates, you can be doing some side jobs for extra $. That would probably amount to more than what the higher rate at XYZ bank will give you. :lol: Exactly how...
by Eagle784
Tue Jan 20, 2009 10:22 pm
Forum: Investing - Theory, News & General
Topic: Why Are Bogleheads Using Money Market Funds?
Replies: 55
Views: 10416

If you are really concerned about getting the most, why not get a part time job on top of your full time job. The hours you spend looking for rates, you can be doing some side jobs for extra $. That would probably amount to more than what the higher rate at XYZ bank will give you. :lol: Exactly how...
by Eagle784
Mon Jan 19, 2009 1:28 pm
Forum: Personal Consumer Issues
Topic: Madoff Ponzi Scheme = 30 Million Common Crimes
Replies: 18
Views: 3010

tj-longterm wrote:
But I guess we should just throw out the rule of law because this guy did something bad.


Yes, cases like this always separate those who prefer the mere appearance of justice from those who truly believe in it.
by Eagle784
Thu Jan 15, 2009 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard massively screwing me over - Other options?
Replies: 69
Views: 11778

To me it kind of sounds like you made a mess in the hopes of greater benefit down the line, but later it turned out that it was still just a mess. And now you're mad about having a mess on your hands. To quote you: I am not taking any blame for this mess. Complicated schemes are indeed complicated ...
by Eagle784
Thu Jan 01, 2009 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: What C class mutual fund should I buy for my 401K?
Replies: 33
Views: 3789

I made an assumption in an early post that was incorrect. Wife's 401(k) has access to American Funds Class R3, she uses RGACX (Growth Fund of America R3) which has an expense ratio of .96%. I think the R in R3 stands for retirement account. I thought R3 was class C but I was not aware that American...
by Eagle784
Thu Dec 18, 2008 6:21 pm
Forum: Personal Consumer Issues
Topic: Buffett Cut Off Granddaughter
Replies: 56
Views: 10921

Met Income wrote:I don't believe Warren Buffet's personal life is relevant to us. Or it shouldn't be, anyway.


If only Buffet would extend us the same courtesy, instead of petitioning Congress for new taxes of all sorts.

Go to advanced search