Search found 847 matches

by SeeMoe
Wed Sep 20, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: What will happen to a USD Hedged fund if the USD Declines, VTABX
Replies: 9
Views: 1131

Re: What will happen to a USD Hedged fund if the USD Declines, VTABX

alex_686 wrote:
Sun Sep 17, 2017 1:47 pm
If the fund is hedge then nothing. It does not participate in gains if the dollar weakens, it does not participate in losses if the dollar strengthens. It is hedged.
Good , fast explanation per hedging.
SeeMoee.. :beer
by SeeMoe
Sat Jul 29, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 8559

Re: Can a TIPS ladder 'fail' ?

Yeah, but TIPS don't payout much compared to corporate bonds or regular treasury funds. They are almost as plain as short term CD's today. Paying out just chump change. Right? SeeMoe.. :annoyed If "payout" means the size of the semi-annual coupon payments, then you are right. If "payout" refers to ...
by SeeMoe
Thu Jul 27, 2017 1:41 pm
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 8559

Re: Can a TIPS ladder 'fail' ?

Yeah, but TIPS don't payout much compared to corporate bonds or regular treasury funds. They are almost as plain as short term CD's today. Paying out just chump change. Right? SeeMoe.. :annoyed If "payout" means the size of the semi-annual coupon payments, then you are right. If "payout" refers to ...
by SeeMoe
Tue Jul 25, 2017 5:55 pm
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 8559

Re: Can a TIPS ladder 'fail' ?

A "ladder" invokes an unfortunate analogy. A ladder to climb to the roof frequently fails. In contrast, a TIPS ladder is a stairway to heaven. Yeah, but TIPS don't payout much compared to corporate bonds or regular treasury funds. They are almost as plain as short term CD's today. Paying out just c...
by SeeMoe
Tue Jul 25, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Re-allocating into 3-Fund Portfolio
Replies: 16
Views: 1880

Re: Re-allocating into 3-Fund Portfolio

Welcome to the forum :) . Asset allocation. Age: 51, Wife: 48 Desired Asset allocation: 80% stocks/20% bonds (I know this is aggressive, and I’m open to input) Portfolio (Total Investable Assets): 1.5mm Desired International allocation: 15-20% of stocks At ages 48 and 51 I suggest an asset allocati...
by SeeMoe
Tue Jul 25, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Delaying pension benefits - what would you do?
Replies: 21
Views: 2822

Re: Delaying pension benefits - what would you do?

Your SS starts at age 66, so wait one year then go for the gold! Meantime payoff any outstanding bills and consider downsizing in general. After a year or so of relaxing and being free, look into part-time jobs if you feel like it, or let the wife continue working maybe. SeeMoe, retired 21+ years an...
by SeeMoe
Mon Jul 24, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Federal employees considering early out - buyout?
Replies: 44
Views: 4722

Re: Federal employees considering early out - buyout?

I retired in my early 50's and believe it helped me age better with quality food eaten when I feel hungry. Plus the lack of stress and anxiety working with humans that I would never associate with in private life....Etc. SeeMoe.. :!: It hasn't been offered yet (early out or buyout) at my agency, bu...
by SeeMoe
Fri Jul 21, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop being "concerned"
Replies: 27
Views: 5531

Re: When to stop being "concerned"

We've been retired over 21 years now and taking RMD's(that are reinvested)end of year. Are long time Flagship members with a 40/60 AA, always maintaining $20k in the bank for bills and frills. Stopped the big, mostly foreign, vacations as we tired of it. Always have had new cars from dodges to Honda...
by SeeMoe
Wed Jul 19, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: How much to put in a 457?
Replies: 7
Views: 607

Re: How much to put in a 457?

We maxed out our 457's and T-IRA accounts right up to retiring in our early 50's. The tax savings were significant and allowed us to live well during those working/accumulating years. Rolled the 457's over to the Vanguard IRA accounts and receive taxable RMD's now. Glad to pay the taxes too! Our AA ...
by SeeMoe
Wed Jul 19, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity interest rates
Replies: 20
Views: 2246

Re: Fidelity interest rates

Maybe it is helping out the Fidelity Johnson Family's bottom line a wee bit. Read where their net worth is nearly $22 billion dollars USD since starting Fidelity in 1947. That's a lot of profit, not to mention employee payroll and operating costs over the years. Someone has to pay " their" bills,......
by SeeMoe
Tue Jul 11, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Bad 457 Option!
Replies: 17
Views: 800

Re: Bad 457 Option!

Yes, fund the 457 to the maximum! We both had 457 plans, plus T-IRA plans that we funded fully mainly for the nice tax incentives during our working years, and the 457's both changed investment companies over the years. Some good, one not so good, but so what. The bucks are stilled deferred. When we...
by SeeMoe
Mon Jul 10, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10822

Re: Long term care insurance - is it worth it?

The great Dave Ramsey suggested getting Long Term Care insurance at around 60 so I took his advice. My sister, who works in insurance, decided to self fund. After a couple of years of over 4k premiums the cost went up to over 5k for me and my wife. I decided to cancel the policy after paying about ...
by SeeMoe
Mon Jul 10, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: The cost of car ownership
Replies: 51
Views: 3652

Re: The cost of car ownership

Prestige is my reason for going with the "S" class Mercedes Benz GLS450 in 2017. It is startling to see heads turn and just stare when I blast over a hill lock, curve or just a drive through the neighborhood with this beauty in Cardinal Red and a glowing Mercedes star at nighttime....So much prestig...
by SeeMoe
Sun Jul 09, 2017 7:13 pm
Forum: Investing - Theory, News & General
Topic: Weak Evidence for International in Vanguard Research - Am I Missing Something?
Replies: 77
Views: 6418

Re: Weak Evidence for International in Vanguard Research - Am I Missing Something?

I'm roughly 26% international stock index fund now. Down from 40% when I had a Vanguard advisor service agent. Have zero international bond index now too. It was about 30% of the bonds in our senior 40/60 AA folios. Just don't care for international bonds what with hedging, converting to USD...Am I ...
by SeeMoe
Sun Jul 09, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Financial check up/Am I ready to buy a house?
Replies: 12
Views: 904

Re: Financial check up/Am I ready to buy a house?

I'd pay off the 6% student loans tomorrow. Then replenish (and supersede) emergency fund and down payment fund. Of course, continue to contribute to 401k and Roth IRA along the way. In my view, you're close to getting into the starter house you desire, but it's a stretch right now. Good advice. I'd...
by SeeMoe
Sat Jul 08, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Switch to federal job?
Replies: 80
Views: 7833

Re: Switch to federal job?

Anecdotally, every federal worker I know personally works fewer hours for similar pay but better benefits than their private sector counterparts once they have been in the job for awhile. Will not always be true, but at least is the case in my line of work. (GS-12/13/14 jobs). "Good enough for gove...
by SeeMoe
Sat Jul 08, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: "My Favorite Mutual Fund"
Replies: 11
Views: 1765

Re: "My Favorite Mutual Fund"

Good article that I can relate to in that Our core stock fund is "The Tax Managed Capital Appreciation" fund. Like it for less small Cap. Risk at our age. The Total Bond Index fund is our core bond fund as well.

SeeMoe.. :mrgreen:
by SeeMoe
Fri Jul 07, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Retire at 55 on $41K/yr fixed pension with $1MM portfolio?
Replies: 26
Views: 6543

Re: Retire at 55 on $41K/yr fixed pension with $1MM portfolio?

It looks ok to me. We retired in our early 50's with about 1/2 million in 60/40 AA folios, no debt and a paid off cottage in the woods of upstate Pennsylvania. Plus, as I recall, about $60k in pensions with limited COLA's. Did lots of foreign travel and Florida for a month in winter,....and still ha...
by SeeMoe
Fri Jul 07, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vehicle cash or finance?
Replies: 58
Views: 4049

Re: Buy a vehicle cash or finance?

Pay off the car STAT! Your credit union has low usery rates and that is the only interest you will have to pay. Then pay that loan off fast! Be free of debt for awhile and enjoy it by saving more until the next cycle begins...

SeeMoe.. :?
by SeeMoe
Thu Jul 06, 2017 10:41 pm
Forum: Investing - Theory, News & General
Topic: J. Clements' Perspective: Past Perfect, Future Tense
Replies: 21
Views: 2844

Re: J. Clements' Perspective: Past Perfect, Future Tense

We've been retired going on 22 years now and are taking RMD's at the end of each year with a 40/60 AA now. Going to reduce it gradually to a final 35/65 mix . That said, we hear the rumblings on CNBC, Etc. that a correction is coming down the pike,...But that is how markets work. Mr. Bogle said that...
by SeeMoe
Thu Jul 06, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes
Replies: 31
Views: 3943

Re: Paying estimated taxes

Been doing ES tax payments for years now via our credit unions "billypayer" option that is done automatically every quarter. There is room on the bill payer App to list your SS#, last name with initial, the current year and ES1040. ( Very important to list the year, or the IRS clerk my give credit t...
by SeeMoe
Thu Jul 06, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Brake Pads and Rotors for 2011 Benz C300 4Matic?
Replies: 43
Views: 2804

Re: Brake Pads and Rotors for 2011 Benz C300 4Matic?

...Cheap is as cheap gets in the long run... SeeMoe.. 8-) Not necessarily my experience. If you make an informed purchase, the price isn't necessarily a reflection of the outcome. BTW, as a reflection of dealer quality, the OP mentioned early on that the Mercedes dealer didn't even know what type o...
by SeeMoe
Thu Jul 06, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Brake Pads and Rotors for 2011 Benz C300 4Matic?
Replies: 43
Views: 2804

Re: Brake Pads and Rotors for 2011 Benz C300 4Matic?

You Should let MERCEDES do the job! I own a 2017 GLS 450 W4 and wife is trading up for a 2018 GLE 350W4. Would not take those fine turned machines anywhere but the Mercedes dealer for service either,...Do you burn cheap gas in that Mercedes of yours? Think not! Same for service.... SeeMoe.. :annoye...
by SeeMoe
Wed Jul 05, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: Brake Pads and Rotors for 2011 Benz C300 4Matic?
Replies: 43
Views: 2804

Re: Brake Pads and Rotors for 2011 Benz C300 4Matic?

You Should let MERCEDES do the job! I own a 2017 GLS 450 W4 and wife is trading up for a 2018 GLE 350W4. Would not take those fine turned machines anywhere but the Mercedes dealer for service either,...Do you burn cheap gas in that Mercedes of yours? Think not! Same for service.... SeeMoe.. :annoye...
by SeeMoe
Tue Jul 04, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Brake Pads and Rotors for 2011 Benz C300 4Matic?
Replies: 43
Views: 2804

Re: Brake Pads and Rotors for 2011 Benz C300 4Matic?

HI all, Technician at MB told me pads and rotors need to be replaced. Not a surprise at 68k. Can't get a straight story on ceramic or semi metallic. He's calling me back to let me know what OEM is for the car. I have no intention of having MB do this work. Live in New England so it gets cold. Shoul...
by SeeMoe
Tue Jul 04, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 17731

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

My credit Union MM stubbornly pays a 0.20% dividend, and checking is 0.10%. Better than most banks though! So I have been depositing excess cash into our joint Prime Money Market account for a few months now. Partly for a 2018 AMG GLE43 (C4) coupe on order for September. But we will continue using t...
by SeeMoe
Mon Jul 03, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground
Replies: 52
Views: 8194

Re: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground

Just a junior reporters blatherings for attention it appears. $4 trillion dollars in investments means a real nice profit for Vanguard even at , say, 5/100% of the pie....So what! SeeMoe.. :annoyed You may be forgetting about costs. Oh? The 500 index fund only costs the Admiral investor 5/100 of on...
by SeeMoe
Mon Jul 03, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground
Replies: 52
Views: 8194

Re: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground

Just a junior reporters blatherings for attention it appears. $4 trillion dollars in investments means a real nice profit for Vanguard even at , say, 5/100% of the pie....So what!

SeeMoe.. :annoyed
by SeeMoe
Sun Jul 02, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Chances of delaying Social Security to age 70. Realistic?
Replies: 54
Views: 4268

Re: Chances of delaying Social Security to age 70. Realistic?

If ever there was a " bird in hand" program that could be altered and reduced significantly it is the shaky Social Security program for seniors. My philosophy is to grab a hold of it as soon as it becomes available to you! If you don't really need the income, then invest it and let it grow, taking ...
by SeeMoe
Sat Jul 01, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why bother with IRA's if 457(b)?
Replies: 16
Views: 1325

Re: Why bother with IRA's if 457(b)?

We did both in our 457's and T IRA accounts with huge tax savings during the working years that allowed for doing fun stuff and new cars every 3-4 years. So now we pay tax on the RMD's...Gladly! (Rolled the 457' s over to the respective T IRA accounts when we retired.)

SeeMoe.. :mrgreen:
by SeeMoe
Sat Jul 01, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Chances of delaying Social Security to age 70. Realistic?
Replies: 54
Views: 4268

Re: Chances of delaying Social Security to age 70. Realistic?

If ever there was a " bird in hand" program that could be altered and reduced significantly it is the shaky Social Security program for seniors. My philosophy is to grab a hold of it as soon as it becomes available to you! If you don't really need the income, then invest it and let it grow, taking a...
by SeeMoe
Fri Jun 30, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 72
Views: 7593

Re: Hiring an executor for my will

Over the years we had 3 different extended family members added to the will as executors and none were really into it we found. One even began deciding where we should allocate money now! Finally we found a lawyer whom we trust and he is also the lawyer to a close friend, who will do the executor jo...
by SeeMoe
Thu Jun 29, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth - thanks to this site
Replies: 15
Views: 3697

Re: Net worth - thanks to this site

You are welcome.

SeeMoe.. :twisted:
by SeeMoe
Thu Jun 29, 2017 5:45 pm
Forum: Investing - Theory, News & General
Topic: "How Do Your Financial Priorities Stack Up With Our Pyramid?"
Replies: 36
Views: 4603

Re: "How Do Your Financial Priorities Stack Up With Our Pyramid?"

Good chart! Like the one where taxes are located in that too many DIY's seem obsessed with avoiding taxes over the big picture. A Philly radio host who covered the markets used to often say " Be glad that you are paying taxes on your investment folios, it is proof that you are successful." I followe...
by SeeMoe
Tue Jun 27, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 80
Views: 9216

Re: Costco vs. Amazon - Thoughts of Prime Members?

Never used COSTCO because we became jaded at SAM's Club having to buy stuff in bulk and then not using it. So, so quality products too. Conversely, we are big fans of AMAZON Prime! Easy to deal with and short wait time for the good stuff arriving via the postal services to include the latest models ...
by SeeMoe
Mon Jun 26, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 7023

Re: Your Favorite Vanguard Fund

I was drawn to funds with interesting names such as Windsor and Wellington back in the day without knowing their mechanics. Later I began looking at funds in a different light and the Equity Income fund served my IRA well for many years during the accumulation period. Now the IRA's are 100% bond fun...
by SeeMoe
Sun Jun 25, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: International Stocks - New thoughts
Replies: 83
Views: 6545

Re: International Stocks - New thoughts

We reduced our total international stock index fund to about 25% in January and ,due to a good run, it is about 27% of the folio now. Our( age 70 plus )AA is 40/60 with about $20k always in a separate bank account for bills. Nobody has mentioned " total international bond index funds" in their folio...
by SeeMoe
Fri Jun 23, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce and My IRA
Replies: 21
Views: 4786

Re: Divorce and My IRA

Thanks you for the replies. My husband has no investments. He had $4k in a 401K a few years ago, but withdrew it. Since then he got a new job. He has a 401K with the new job but has not contributed anything to it. Since I only have 10K in my roth ira, I think it would cost less to withdraw the mone...
by SeeMoe
Thu Jun 22, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Federal employees considering early out - buyout?
Replies: 44
Views: 4722

Re: Federal employees considering early out - buyout?

One thing to factor in your calculations is that if you take the buyout you could work or contract somewhere else until your planned retirement date. I did not have a government job but I have been through a number of layoffs and the work situation has always deteriorated for the people that were l...
by SeeMoe
Thu Jun 22, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: The 5 Pitfalls of Mutual Funds by,....
Replies: 22
Views: 2382

Re: The 5 Pitfalls of Mutual Funds by,....

Yes. Typical solution in search of a problem marketing piece, in my opinion. Some concerns raised should not be ignored (fund overlap, fees, tax considerations), but they largely can be addressed without avoiding mutual funds. "Typical solution in search of a problem." Great line! Thanks, and I agr...
by SeeMoe
Thu Jun 22, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 40163

Re: Regret early retirement/downsizing

We retired in our early 50's with good pensions and benefits as well. That was 21+ years ago and we live well, but keep investing excess bucks to include RMD's. Moved to a nice CCRC and gradually stopped traveling as we age. So the biggest expense this year will be two Mercedes Benz that we'll keep ...
by SeeMoe
Thu Jun 22, 2017 8:36 am
Forum: Investing - Theory, News & General
Topic: The 5 Pitfalls of Mutual Funds by,....
Replies: 22
Views: 2382

The 5 Pitfalls of Mutual Funds by,....

......Ken Fisher. Mr. Fisher says ,in his TV Ad, that using mutual funds initially is a good way to begin accumulating wealth, but once the investments approach, say, $500,000 it is time to get serious about investing. In his booklet he lists " The 5 Pitfalls of Mutual Funds...." Anyone read this ar...
by SeeMoe
Sat Jun 17, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 5706

Re: Larry Swedroe: Stocks, Bonds, & Risk

Good article. Been investing for about 35 years now and always maintained an AA of 60/40 even in the golden (for equities)1980's and 90's! Thing is I got careless in my 60's and did begin deesculating until about 70 years old by roughly 5% a year until now where we are now 40/60. Keep about $20k in ...
by SeeMoe
Wed Jun 14, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 13950

Re: Bogle Doubles Down on US Index Funds

I am unaware of any academic research that supports Mr Bogle's point of view though in terms of risk reduction international diversification seems to accomplish less and less each year as global markets seem to become more and more correlated. But this can change. Agree. Still, I am about 28% inter...
by SeeMoe
Sat Jun 10, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: Jim Rogers predicting "crash of a lifetime" this year or next
Replies: 89
Views: 11390

Re: Jim Rogers predicting "crash of a lifetime" this year or next

Jim is a financial genius who worked with George Soros and made a huge fortune doing so. Rode a motorcycle around the world and has a book about his adventures. Says Commodities is where the long term smart money needs to be. Moved to Asia where the lender nations are , as the USA, E.U. are the debt...
by SeeMoe
Thu Jun 08, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: Retirees: What are you doing about withdrawing?
Replies: 31
Views: 4604

Re: Retirees: What are you doing about withdrawing?

We've been retired now going on 22 years and continue to invest in a 40/60 AA (was 60/40 until a few years ago.) Since our pensions more than cover our expenses, we seldom dip into our investments and just use the year end RMD's on occasion for big ticket items. Keep about $20k in a bank for monthly...
by SeeMoe
Tue Jun 06, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Why is mid-cap "the sweet spot"?
Replies: 26
Views: 4708

Re: Why is mid-cap "the sweet spot"?

"Sweet Spot" is also a golf term for the exact center spot on the face of the golf club to have a perfect strike on the little white golf ball. Pro golfers have this little circle on all of their clubs vs amateurs who have tiny strike marks all over the club face,.....like me. Just Saying,...
by SeeMoe
Mon Jun 05, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Received inheritance, feel paralyzed as to what to do next
Replies: 16
Views: 2233

Re: Received inheritance, feel paralyzed as to what to do next

My cousin came into a nice hunk of Change trough an inheritance that was unexpected. She sought out advice that corresponded with the hole that was burning in her pocket and spent most it on a summer beach house 400 miles away m and difficult to reach what with her dime store job. She also bought a ...
by SeeMoe
Sun Jun 04, 2017 8:30 pm
Forum: Investing - Theory, News & General
Topic: What is the best way to invest for cash flow?
Replies: 18
Views: 2149

Re: What is the best way to invest for cash flow?

I like the Vanguard Equity Income fund for cash flow. Also some bond funds like the total bond index fund, intermediate / short term investment grade funds and some high yield for the extra kick. As one ages though it is better to be in all bond funds though say the experts.

SeeMoe.. :dollar
by SeeMoe
Wed May 24, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: American Funds beat out Vanguard Index over lifetime?
Replies: 63
Views: 8108

Re: American Funds beat out Vanguard Index over lifetime?

I really don't care what they say regards beating the other guy by a few points with skewed statistics. When a salesman mentioned American funds to me years ago, after just getting out of other load funds and a broker who liked to " churn" my folio, I saw the load and hung up fast! Vanguar...