Search found 236 matches

by Middle
Fri May 05, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Returns
Replies: 5
Views: 621

Re: P2P Returns

I guess I was onto something as Prosper just announced that they noticed an error in the method and adjusted everyone's estimated returns on their account. Mine dropped from 8.3 to 5.3%. Not even sure if 5.3% is correct, but obviously closer to what I was seeing on my balances.
by Middle
Fri Apr 28, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Re: Largest Funds by AUM

I don't know if anyone still cares, but here is what I've found so far: According to the most current Morningstar flow of funds report (https://corporate.morningstar.com/US/documents/AssetFlows/AssetFlowsJan2017.pdf) Passive funds in US Equities and sector equities totaled $3.391T compared to $7.307...
by Middle
Fri Apr 28, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Re: Largest Funds by AUM

Thanks, harikaried. That will work for my purposes. Fascinating how different, if its accurate. That 2007 list is nearly filled with active funds. The highest index fund,Vanguard 500, comes in at a lowly 9th place.
by Middle
Fri Apr 28, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Re: Largest Funds by AUM

If that is the case you should not care about large funds. What you should focus on is the total amount of assets under passive management for a particular sector.What you should care about is if 20% or 40% or whatever is under passive management. I would also would not be concerned about long term...
by Middle
Fri Apr 28, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Re: Largest Funds by AUM

The Vanguard total stock fund is much larger than that figure for SPY. It is about $550 billion. Yes, this is correct if you combine the investor share fund with the admiral share fund etc. WSJ has a paywall for almost everything these days, but thanks for the suggestion. "Remember that a huge amou...
by Middle
Fri Apr 28, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Re: Largest Funds by AUM

See below.
by Middle
Fri Apr 28, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Re: Largest Funds by AUM

"Why do you want to know this? Why does it matter?" I'm interested in this topic and I've read or at least seen a lot of active vs. passive posts and articles. And I'm curious about this concept of what happens when indexed investments in equities reach some sort of tipping point. I've read a little...
by Middle
Fri Apr 28, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 992

Largest Funds by AUM

I'm interested in the continued growth in index and "passive" investing and was curious to get a sense of how much money is invested in index funds vs. active management. Here are my questions: 1. Of all the money invested in equities what percentage is currently invested in index funds? Is this eve...
by Middle
Tue Oct 25, 2016 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Returns
Replies: 5
Views: 621

Re: P2P Returns

I guess I'm asking if others are seeing their own calculations of annualized returns matching closely with what either Prosper or Lending Club is calculating for them.
by Middle
Tue Oct 25, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Returns
Replies: 5
Views: 621

Re: P2P Returns

JamesSFO wrote:The seasoned return cannot be compared with total return. It's comparing the returns of two different parts of the same data set. My guess is you have some disastrous non-seasoned loans.


No, the annualized net return that Prosper calculated is very close to the seasoned return, both are over 8%.
by Middle
Tue Oct 25, 2016 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Returns
Replies: 5
Views: 621

P2P Returns

I've had a P2P account with Prosper for about 2 years now and consider it to be part of a diversified bond portfolio. I've been happy with it so far with a slightly more conservative risk allocation that is currently showing a seasoned return rate of over 8%. This number has had some fluctuations ov...
by Middle
Wed Dec 02, 2015 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Considering ESOP Assets
Replies: 5
Views: 354

Re: Considering ESOP Assets

I'm still in the 10-15 years from retirement zone. In 3 years I will have the option of diversifying a portion of my shares which I will likely do.
by Middle
Wed Dec 02, 2015 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Considering ESOP Assets
Replies: 5
Views: 354

Re: Considering ESOP Assets

It is not a publicly traded company. The share value is determined annually by an independent firm and based on comparing the firms performance/fundamentals, then the fundamentals are compared to publicly traded companies in our industry, then data from actual mergers and acquisitions in the industr...
by Middle
Wed Dec 02, 2015 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Considering ESOP Assets
Replies: 5
Views: 354

Considering ESOP Assets

I am currently employed with a employee owned company and am 100% vested after having been with the company for a number of years. I used to pretty much just ignore the ESOP balance as I always thought I could end up staying here a long time and who knows where it will be in the long run. Last year ...
by Middle
Tue Mar 24, 2015 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Contrafund
Replies: 41
Views: 10562

Re: Fidelity Contrafund

You could always split the difference and sell half of it to convert to an index fund.

I too have some Contrafund, but it represents less than 1% of my portfolio. I think about getting rid of it, and may take an opportunity when I need to rebalance to unload it.
by Middle
Tue Mar 24, 2015 5:28 pm
Forum: Investing - Theory, News & General
Topic: 3 fund portfolio and dividend paying index funds
Replies: 3
Views: 876

Re: 3 fund portfolio and dividend paying index funds

Remember that by owning the Total Stock fund or ETF, you already own those dividend paying companies.
by Middle
Tue Mar 24, 2015 5:25 pm
Forum: Investing - Theory, News & General
Topic: College funding
Replies: 10
Views: 1571

Re: College funding

Actually, true, they do look at 529 accounts but only assess them at a 5.64% maximum rate towards the Expected Family Contribution whereas the UTMA and UGMA accounts have a 20% maximum. So it appears to me that the 529 is the better option for the parents. Note that there is different treatment for ...
by Middle
Tue Mar 24, 2015 5:13 pm
Forum: Investing - Theory, News & General
Topic: What do you think??
Replies: 2
Views: 674

Re: What do you think??

That link seems to have two different points to make. The first being the appropriate use of long term data (100+ years) and its application to relatively shorter time frames such as 30-40 years of retirement. The example of the lawyer who made a deal on what turned out to be one of the longest livi...
by Middle
Tue Mar 03, 2015 7:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Energy Fund (VGNEX) - Cheap Enough Yet?
Replies: 19
Views: 3508

Re: Vanguard Energy Fund (VGNEX) - Cheap Enough Yet?

[/quote] Go ahead and pull the trigger with the thought of holding it for 20 years. Looking back you won't remember what happenend this year,but you will notice the "mountain growth chart" of VGENX,up ,up and away [/quote] I don't know if I'd bank on the "mountain growth chart" b...
by Middle
Fri Feb 27, 2015 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Realizing Capital Gains
Replies: 3
Views: 613

Re: Realizing Capital Gains

Thanks powermega, that wiki page speaks directly to the issue. I guess the key being "If you pay state taxes now to harvest a capital gain, you lose the future growth on that amount. For a long-term investment, you may lose more by not being able to invest the state tax than you save by avoidin...
by Middle
Fri Feb 27, 2015 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Realizing Capital Gains
Replies: 3
Views: 613

Realizing Capital Gains

Just finished my taxes and for the first time in many years, I owe some money, net $289. Rebates are great but I know I shouldn't complain because it's not shocking and close enough to zero. I'm just trying to better understand the picture. The big difference this year was that I had LT cap gains wh...
by Middle
Wed Jan 28, 2015 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Math
Replies: 4
Views: 867

Refinance Math

I don't know why I have a little trouble with clarity on evaluating the math on a potential refi. Currently, I am about 5 years into a 15 yr loan at 3.75%. Monthly payment is $1200. According to the amoritization calculator I have $26k in total interest payments left. Seems I could get a new 15 year...
by Middle
Thu Jan 08, 2015 2:24 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Customers, What Do You Hold at FIDO?
Replies: 43
Views: 6510

Re: Fidelity Customers, What Do You Hold at FIDO?

I hold Spartan Total US Market, Contrafund, and Fidelity Balanced. The latter two were acquired prior to my switch to an indexing strategy. I often ponder getting out of Contrafund but it's not a big % of portfolio. The balanced fund has actually been quite a good performer so I just keep keeping it...
by Middle
Wed Dec 10, 2014 11:46 am
Forum: Investing - Theory, News & General
Topic: Why are high 401k fees maintained in competitive equilibrium
Replies: 46
Views: 3456

Re: Why are high 401k fees maintained in competitive equilib

My 300 person firm looked into changing providers and in fact both Vanguard and Fidelity were suggested as potential providers. The feedback someone got from Vanguard was that there would have to be a third party administrator for the plan. We found one and they wanted much higher admin fees from th...
by Middle
Thu Oct 16, 2014 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Over Old TIAA CREF Account?
Replies: 15
Views: 1448

Re: Roll Over Old TIAA CREF Account?

Nobody knows what the terms of your TIAA contract is. Nobody knows how much money you have invested in TIAA or how big a percentage of your investments that represents. Nobody can make very useful comments without knowing that. I guess I don't really know the terms of the contract either. It's not ...
by Middle
Thu Oct 16, 2014 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Roll Over Old TIAA CREF Account?
Replies: 15
Views: 1448

Re: Roll Over Old TIAA CREF Account?

...as yet another problem for your widowed spouse to handle? Ouch! Do you know something I don't? No, I realize that I'm the one likely to go first and yes part of the whole reason for this is to simplify things for her. Thanks to all for the replies. I had a feeling I would get some good insights ...
by Middle
Wed Oct 15, 2014 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: $72k in 3 fund or a $72k 2 bed/1 bath condo rented
Replies: 21
Views: 1993

Re: $72k in 3 fund or a $72k 2 bed/1 bath condo rented

I read something recently from a well respected buy and hold blogger (Eddy Elfenbein) where said something to the effect "investing in real estate will never ever ever ever ever ever beat the stock market in the long run". The "in the long run' might be the key phrase but I have to sa...
by Middle
Wed Oct 15, 2014 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Over Old TIAA CREF Account?
Replies: 15
Views: 1448

Roll Over Old TIAA CREF Account?

My wife has a TIAA CREF retirement account from when she worked at a college 10 or 12 years ago. It's her account and there's not much in it. I'm tempted to suggest that she just roll it over into a VG IRA account. She's holding the CREF Equity Index, Stock, and Growth funds and the TIAA Traditional...
by Middle
Tue Oct 14, 2014 5:07 pm
Forum: Investing - Theory, News & General
Topic: Long term gains tax rebalancing vs. Tax efficient placement
Replies: 3
Views: 668

Re: Long term gains tax rebalancing vs. Tax efficient placem

I think this is discussed well on the wiki page: m Note that there is a fair amount of debate on the finer points of how to allocate assets among tax advantaged accounts and taxable accounts. Knowing your own tax situation is key as well as the idea that asset allocation will have the most influence...
by Middle
Tue Oct 07, 2014 1:54 pm
Forum: Investing - Theory, News & General
Topic: What was your initial AA and how has that worked out?
Replies: 32
Views: 3477

Re: What was your initial AA and how has that worked out?

Started investing in my late 20s but didn't find/learn about indexing until 2008 at age 45. I was 100% equities for quite a while then at age 40 probably got to maybe 95/5 or so. Currently 78/22 eq/bond at 51. I have no idea annual return since start, which was part of the problem for many years. I ...
by Middle
Thu Oct 02, 2014 12:47 pm
Forum: Investing - Theory, News & General
Topic: investing during market drop
Replies: 15
Views: 1572

Re: investing during market drop

What others are getting at here, is that the technical definition of a correction is a decline of 10%. We might still get there, we might not, nobody knows. Better to have a plan where you figure out an asset allocation that you are comfortable with and let that be your guide of when to make investm...
by Middle
Fri Sep 26, 2014 2:00 pm
Forum: Investing - Theory, News & General
Topic: Pimco Total Return - Keep or Sell
Replies: 28
Views: 4231

Re: Pimco Total Return - Keep or Sell

BlueEars wrote:From M* the 1 year performance numbers are:

4.63% BOND, Pimco Total Return ETF
3.68% PTTRX, Pimco Total Return


It's that nearly 100 bp difference that's kind of been a head scratcher ever since the beginnings of the ETF, hasn't it?
by Middle
Fri Sep 26, 2014 1:57 pm
Forum: Investing - Theory, News & General
Topic: Pimco Total Return - Keep or Sell
Replies: 28
Views: 4231

Re: Pimco Total Return - Keep or Sell

As of this writing, the Pimco TR ETF (BOND) is down 0.23% whereas VG Total Bond ETF is down 0.09%. Hardly seems like panic, but maybe in the Fixed Income world, relatively speaking, this is panic?
by Middle
Fri Sep 26, 2014 1:23 pm
Forum: Investing - Theory, News & General
Topic: Pimco Total Return - Keep or Sell
Replies: 28
Views: 4231

Re: Pimco Total Return - Keep or Sell

I have no idea, but this almost seems like the absolute worst time to dump Pimco. It had already been performing slightly below its benchmark and dealing with a lot of outflows. But this is big news and I would hazard a guess that there will be an overreaction to it. And maybe it's underperformance ...
by Middle
Wed Aug 27, 2014 6:55 pm
Forum: Investing - Theory, News & General
Topic: What's "The Herd" doing today?
Replies: 52
Views: 5001

Re: What's "The Herd" doing today?

I have come to believe that "don't follow the herd" doesn't mean "try to do the opposite," it means "stay the course." I like this take. For myself, whenever I try to contemplate the Herd, I get stuck trying to figure who the real drivers are behind the Herd. Because y...
by Middle
Wed Jul 02, 2014 5:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Stock Market Index Fund - Largest Fund
Replies: 6
Views: 2141

Re: Vanguard Total Stock Market Index Fund - Largest Fund

Personally, I think that a few years of flat or negative returns, just might send a lot of people back into actively managed funds or whatever package Wall Street invents to try and lure people into outsized returns. But my guess is that there is a ceiling to the amount of funds flowing into passive...
by Middle
Thu Jun 12, 2014 1:27 pm
Forum: Investing - Theory, News & General
Topic: To TIPS or not to TIPS
Replies: 4
Views: 629

Re: To TIPS or not to TIPS

Sorry, I didn't really want to debate TIPs as much as I was more interested to see what people thought of McCulley's note and this concept of a secular shift in the War on Inflation.
by Middle
Thu Jun 12, 2014 11:29 am
Forum: Investing - Theory, News & General
Topic: To TIPS or not to TIPS
Replies: 4
Views: 629

To TIPS or not to TIPS

I found this note from Paul McCulley at PIMCO to be a very interesting read on inflation and current valuations. It just seems to rather neatly tie a lot of Fed policy up into a nice concise little package. However, it does not inspire me to rush out and purchase any TIPs which are still not part of...
by Middle
Thu May 29, 2014 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Split emergency fund into separate categories?
Replies: 17
Views: 1727

Re: Split emergency fund into separate categories?

I have had leaky roofs. They suck. A new roof can give you 30 years piece of mind. It's worth it. Dip in, think of it as an investment into your property raising your property value if you have to.
by Middle
Fri May 16, 2014 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Cheap and Aggressive 401k Options
Replies: 22
Views: 1034

Re: Cheap and Aggressive 401k Options

You'll want to figure out an asset allocation that you are comfortable with which should probably have a large majority in equities and then pick funds with the lowest expense ratios available. Then you'll want to contribute as much as can while not completely sacrificing near term enjoyment of life...
by Middle
Thu May 15, 2014 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Switch car insurance? State Farm vs GEICO
Replies: 42
Views: 38328

Re: Switch car insurance? State Farm vs GEICO

My feeling is that customer loyalty just doesn't matter anymore. It might get you a teensy bit better customer service at some point but everything really comes down to the bottom line. I think a lot of us are under the impression that loyalty does matter. I thought so too when I finally got myself ...
by Middle
Mon May 05, 2014 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can you afford to buy? When is it to much?
Replies: 34
Views: 6453

Re: How much house can you afford to buy? When is it to much

Yes, it seems like a 4 bd 4 bath house is more house than you need. And that usually means more utility and prop. tax costs than you need too.

I would also say you don't necessarily want to buy the best house on the block either especially in an area that you described as a dying city.
by Middle
Mon May 05, 2014 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Car Advice
Replies: 32
Views: 3753

Re: Car Advice

For what it's worth (yes, I spelled it out - YISIO), I went through this exercise a few months ago. I ended up with a used Prius that I could pay cash for. If the battery system craps out on me early, this will run up my ownership cost, but if not, then I am hoping for a good solid 10 years of low o...
by Middle
Thu May 01, 2014 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Does everyone have an Emergency Fund
Replies: 51
Views: 5936

Re: Does everyone have an Emergency Fund

I third the Roth IRA recommendation for a couple of reasons. the first is that it fits your goals of funding retirement and then you have the contributions accessible for emergencies. Second, it gives you some tax flexibility in retirement with the different taxation of Roth vs. Traditional. Persona...
by Middle
Mon Apr 28, 2014 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: State tax deductible 529
Replies: 6
Views: 1918

Re: State tax deductible 529

I think the reality check is that you might want to make sure you're not letting the tax tail wag the dog. If by saying that you're maxing out on 401k contributions you are saying that you are on target for retirement savings, then ok. But that would be where I would start because you can get a coll...
by Middle
Tue Apr 22, 2014 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Switching Banks
Replies: 30
Views: 3860

Re: Switching Banks

In addition to the hassle factor of the RCA and possible fees in months you don't meet the requirements, also consider the opportunity cost of lost credit card rewards from the 12 monthly debit card transactions. Jim That's a good point. I actually have not been playing the credit card rewards game...
by Middle
Mon Apr 21, 2014 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Switching Banks
Replies: 30
Views: 3860

Re: Switching Banks

That rate is probably a teaser that won't last. The interest on $25k at 2.25% is about $560 a year, so maybe it'll be worth the hassle if they keep the deal going for long enough. OTOH, I suspect you'll be looking at a rate of .1 or .2% in a relatively short time. Jim Ah, now this is what was in th...
by Middle
Sat Apr 19, 2014 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Banks
Replies: 30
Views: 3860

Re: Switching Banks

Yeah, I probably should retract my side comment as it does lend it itself to opening it up to a political discussion.

Back to my OP, I was looking for additional considerations in my pursuit of changing banks, and it has also led me to exploring a new or additional credit card.
by Middle
Fri Apr 18, 2014 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Banks
Replies: 30
Views: 3860

Re: Switching Banks

So I've been reading some threads on credit card offers and am considering adding another. My current card gets no promo offers as it is tied to the Nature Conservancy but I really don't know how much they benefit. Looks like the Amex Blue Preferred or Everyday, Chase Sapphire, Fidelity Amex, and Pe...
by Middle
Thu Apr 17, 2014 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Switching Banks
Replies: 30
Views: 3860

Re: Switching Banks

Thanks for the replies. Interesting about the recommendation to have more than one credit card. My credit rating is very good so I'm not trying to build it up and I prefer the simplicity of a single credit card, but I thought I had read somewhere that opening up additional credit cards was a negativ...