Search found 1417 matches

by azanon
Tue Aug 22, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

I'm not aware if anyone is "lauding" Wellington or Wellesley. I just ran a screener and made an observation that I found pretty shocking. Certainly anyone that doesn't believe in coincidences and rare repeatable, multi-decade long lucky streaks despite an active fee headwind would find it shocking ...
by azanon
Tue Aug 22, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

Just for fun, I occasionally sometimes go to www.portfoliovisualizer.com and run comparisons. About a week or two ago, I wanted to see if I could hand pick ANY Vanguard large-cap Value fund (Vanguard has 6), and pair that up with ANY high or medium quality, intermediate-term vanguard bond fund and ...
by azanon
Tue Aug 22, 2017 1:33 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

azanon, you have brought up something I find very puzzling. Yes, W and W and very good active funds, as are other Vanguard active funds, and so are Dodge and Cox, TRPrice, and even American. My question is why, out of ~10,000 mutual funds, can we identify these few as outstanding? Vanguard has the ...
by azanon
Tue Aug 22, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

Interesting thread that may reflect differences between strict Bogleheads and those who ascribe to most or many or the concepts but with some variance at times. Tim Just a couple of nights ago, I was browsing through youtubes where Bogle was being interviewed, and I recall one where he was discussi...
by azanon
Tue Aug 22, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

Wellington is a decent active managed fund for a tax deferred account. I invested in the fund (for 10% of my portfolio). But Wellington has not performed well this 2017 YTD. It seems to revert back to the mean. Decent? wow. Know any balanced funds or ETFs you'd consider "great" at similar stock/bon...
by azanon
Tue Aug 22, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

Like the Harvard endowment, it will beat the market until it doesn't. The market (I assume you mean the stock market) and Harvard endowment, use completely different asset classes in their portfolios. I compared the same asset classes in the same proportions. I'm not against analogies as long as th...
by azanon
Tue Aug 22, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Re: Amazed by Vanguard Wellington's Performance

Like the Harvard endowment, it will beat the market until it doesn't. The market (I assume you mean the stock market) and Harvard endowment, use completely different asset classes in their portfolios. I compared the same asset classes in the same proportions. I'm not against analogies as long as th...
by azanon
Tue Aug 22, 2017 8:44 am
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 25
Views: 2694

Amazed by Vanguard Wellington's Performance

Are there any active funds that really cause you to consider that maybe it really is possible to outperform indexes? For me, Wellington definitely has to be one of them. Just for fun, I occasionally sometimes go to www.portfoliovisualizer.com and run comparisons. About a week or two ago, I wanted to...
by azanon
Mon Aug 21, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: USAA Closing my Roth - Question on Account Closing Fee
Replies: 10
Views: 1489

Re: USAA Closing my Roth - Question on Account Closing Fee

Yeah, that's what I meant when i said if you have that much Roth contributions left to do it. :D
by azanon
Mon Aug 21, 2017 6:10 am
Forum: Investing - Theory, News & General
Topic: USAA Closing my Roth - Question on Account Closing Fee
Replies: 10
Views: 1489

Re: USAA Closing my Roth - Question on Account Closing Fee

I'd get the account up to $500, then make them do a rollover to another Roth, assuming you have a Roth somewhere else, and assuming you have 400-490 worth of Roth contributions left for this year. That is - unless there's a rollover fee too. I'm a USAA member and I'm always surprised at how little f...
by azanon
Sat Aug 19, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: IVLU for international value exposure [iShares Edge MSCI Intl Value]
Replies: 11
Views: 1068

Re: IVLU for international value exposure

I've considered IVLU before but what I found strange is that it is heavily exposed to Japan (41% IVLU vs 23% EFV). On the other hand, EFV is heavily exposed to the Financials sector (35% EFV vs 23% IVLU). In comparison, FNDF however has 22% japan and 20% financials so it seems better diversified. T...
by azanon
Fri Aug 18, 2017 6:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3804
Views: 999161

Re: U.S. stocks in freefall

You mean early in the accumulation phase? :mrgreen: Deep in the phase you have a lot of money you really don't want to lose. What's this talk about losing money? I was 100% equities for several decades and, despite two huge "crashes," I never lost a dime. :confused Not true; we buy our portfolios e...
by azanon
Thu Aug 17, 2017 9:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3804
Views: 999161

Re: U.S. stocks in freefall

You mean early in the accumulation phase? :mrgreen: Deep in the phase you have a lot of money you really don't want to lose. What's this talk about losing money? I was 100% equities for several decades and, despite two huge "crashes," I never lost a dime. :confused Not true; we buy our portfolios e...
by azanon
Thu Aug 17, 2017 9:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3804
Views: 999161

Re: U.S. stocks in freefall

You mean early in the accumulation phase? :mrgreen: Deep in the phase you have a lot of money you really don't want to lose. What's this talk about losing money? I was 100% equities for several decades and, despite two huge "crashes," I never lost a dime. :confused Oh you're taking about paper lose...
by azanon
Thu Aug 17, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3804
Views: 999161

Re: U.S. stocks in freefall

You mean early in the accumulation phase? :mrgreen: Deep in the phase you have a lot of money you really don't want to lose. Haha, you're right of course. I meant early or in the middle of the accumulation phase. Though now that I think about it, you'd want it in the late phase too. Rather have had...
by azanon
Thu Aug 17, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3804
Views: 999161

Re: U.S. stocks in freefall

You mean early in the accumulation phase? :mrgreen: Deep in the phase you have a lot of money you really don't want to lose.
by azanon
Thu Aug 17, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3804
Views: 999161

Re: U.S. stocks in freefall

This is so beautiful - I had moved my TSP money all to G fund (can't lose treasuries) by COB yesterday because I had already used up my 2 monthly trades and that's all they let you do. Fall baby fall until I reinvest next month! But hmm let's see, adding that up, I earned a lot more money with that ...
by azanon
Thu Aug 17, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 9465

Re: Anyone planning on never retiring?

Seems like such a strange question to me. I only work for money. If I don't need money, I don't need work. I have a huge backlog of Steam games to play, let alone console games and TV series. And I'd actually have time to do things, like clean my house. And I could stay up until midnight and sleep ...
by azanon
Thu Aug 17, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 9465

Re: Anyone planning on never retiring?

Muri, If I have any unfair bias about this sort of thing, it's probably the exact opposite of your view. At least a part of me feels sad and pities someone who can only find a worthwhile identify, and happiness, in an occupation; occupations most of which pay someone to do those jobs because they co...
by azanon
Wed Aug 16, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Going passive is an active decision
Replies: 32
Views: 2380

Re: Going passive is an active decision

A decision to allocate to a passive S&P 500 index is to say that you are ignoring what we believe is the most important determinant of long-term returns: valuation. At this point, you are no longer entitled to refer to yourself as an investor. You may call yourself a speculator, but not an investor...
by azanon
Wed Aug 16, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 77
Views: 7998

Re: Study: The Rate of Return on Everything, 1870-2015

I would certainly hope one would make more from residential income from renting and being a landlord, which is an occupation, vs. merely passive investments in stocks or bonds. I didn't click on the actual study, but I hope that not too much time and effort was spent on the apples vs. oranges compar...
by azanon
Thu Aug 10, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 5905

Re: What is an appropriate lower risk asset allocation once one has "won the game"

The least risky portfolio (in my opinion) is roughly 30% equities but if you want a range, I'd say something between 25-40%. Lower than that, and the overall pendulum swings too high on inflation risk. Higher than that, and of course you have volatility/loss of principle risk increasing faster than ...
by azanon
Wed Aug 02, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21245

Re: A poll: How much money do you need to retire?

Want? Probably 1.5 mil. Need? Probably about half of that + pension and 2 SS checks.

Age: current 45/retiring at 57.
by azanon
Wed Aug 02, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 28
Views: 4670

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Wonder if Wellington and Wellesley will soon close to new investors altogether when the other two launch? I doubt it. These are different products. Vanguard isn't a house that keeps a small number of funds. No reason not to offer all four. That'd be sacrilege, and cause riots. Approximately 0% chan...
by azanon
Wed Aug 02, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 28
Views: 4670

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

After all the posts on percentage of foreign equity, I'll be very interested to see what percentage they use with these funds. Anybody wanna take a guess? It's going to be somewhere between 40-50% foreign equities, and probably 2:1 ratio of US to foreign bonds. On equities, 40% if they match Vangua...
by azanon
Wed Aug 02, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12296

Re: Jack Bogle - Two Fund Portfolio

It might have already been touched on to some degree, but I would say the Bogle portfolio would be roughly some mix of Total US stock market and VG Intermediate-Term Bond Index Fund (as opposed to Total Bond Index), depending on your age/how far along in your career. Bogle said numerous times he pre...
by azanon
Wed Aug 02, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12296

Re: Jack Bogle - Two Fund Portfolio

[quote="azanon"]It might have already been touched on to some degree, but I would say the Bogle portfolio would be roughly some mix of Total US stock market and VG Intermediate-Term Bond Index Fund (as opposed to Total Bond Index), depending on your age/how far along in your career. Bogle said numer...
by azanon
Wed Aug 02, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12296

Re: Jack Bogle - Two Fund Portfolio

It might have already been touched on to some degree, but I would say the Bogle portfolio would be roughly some mix of Total US stock market and VG Intermediate-Term Bond Index Fund (as opposed to Total Bond Index), depending on your age/how far along in your career. Bogle said numerous times he pre...
by azanon
Tue Aug 01, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Does mower brand matter much if they're all Briggs & Stratton engines?
Replies: 84
Views: 6880

Re: Does mower brand matter much if they're all Briggs & Stratton engines?

OP - probably not, which is why I get a Honda with a Honda engine - HRX variant.
by azanon
Tue Aug 01, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 9055

Re: Has the "bond bubble" caused you to change your allocation?

This might be a great time to go "Zvi Bodie" on your portfolio. Bond bubble; what about stocks? CAPE is 30. Last time we saw that was 1998, and 1929 - I believe. Something about those two years seem real peculiar. "Like" didn't something bad happen shortly after those 2 particular years? :P It's mor...
by azanon
Tue Aug 01, 2017 10:10 am
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 9055

Re: Has the "bond bubble" caused you to change your allocation?

With almost half of my bonds in iBonds, I can easily say "I don't care". No AA change for me. What I think the OP would want to know is, is that why you went with ibonds? I bonds are a great defense for a perceived (nominal) bond bubble. Said another way, maybe you did care originally, which is why...
by azanon
Tue Aug 01, 2017 7:01 am
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 9055

Re: Has the "bond bubble" caused you to change your allocation?

This is part of the reason I ultimately decided on using Managed Payout Fund for my vanguard all-in-one. For the 40% "bond" portion, they're using about 20% in absolute return type funds, and another 5% in commodities (so only the remaining ~ 15% is in traditional bonds). The fund also has, IMO, a c...
by azanon
Wed Jul 26, 2017 7:35 am
Forum: Investing - Theory, News & General
Topic: Too much of portfolio in Vanguard?
Replies: 22
Views: 3711

Re: Too much of portfolio in Vanguard?

I believe you have 500K SIPC insurance per account; even at Vanguard. In other words, If you have more than 500K in one account, you have some degree of increased risk than you could have otherwise. I am, of course, assuming that SIPC insurance is not worthless, which I hope is a safe assumption. Se...
by azanon
Tue Jul 25, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12015

Re: Books not to read.

bertilak wrote:
azanon wrote:7 Habits of Highly Effective People - Steven Covey

I think I made it half way through before I couldn't take it anymore.

Your safe! Perseverance is NOT one of the 7 habits.


I'm out-right dangerous cause I read 48 Laws of Power from cover to cover, and loved it. :beer
by azanon
Tue Jul 25, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12015

Re: Books not to read.

7 Habits of Highly Effective People - Steven Covey

I think I made it half way through before I couldn't take it anymore.
by azanon
Mon Jul 24, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31847

Re: John Bogle Has Been Right About Investing In International Stocks

The problem is that decades is too long for an investment to perform poorly. We are talking 25 years here which is longer than the bulk of my money is likely to be in the stock market. Sure, I had some when I was young, and I'll have some when I'm really old, but most of my money won't have time-in...
by azanon
Mon Jul 24, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31847

Re: John Bogle Has Been Right About Investing In International Stocks

This really is cherry-picking a time where International stock is currently performing way below its expected return. Case and point: As a federal Thrift Savings Plan (TSP) investor, I was stunned when I came across this long-term returns charts (since TSP inception). (See: m) The G fund which is a ...
by azanon
Fri Jul 21, 2017 7:52 am
Forum: Investing - Theory, News & General
Topic: Bogle is pro-SCV!
Replies: 36
Views: 4024

Re: Bogle is pro-SCV ???

The SCV tilt debate is over! amd7239: This is what Mr. Bogle said according to the MarketWatch article: The way to really disappoint investors is to put them in diversified portfolios that don't behave like the broad market . m Best wishes. Taylor Exactly. This is reckless misinformation if you ask...
by azanon
Thu Jul 20, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4319

Re: Expense Ratios, how high is too high

lostdog wrote:I am paying .21% for Vanguard Total World Index. The ER has been declining 2 to 5 points a year. We'll see what next year brings. Worth it to me as I value simplicity.


You could pay .11% if you want for VT. ETFs are pretty simple too, and if through Vanguard, cost 0 to reinvest.
by azanon
Thu Jul 20, 2017 7:37 am
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4319

Re: Expense Ratios, how high is too high

It largely depends on what you're buying. Non-factor/factor US stock - .1%, non-factor International stock - .2%, factor International - .5% Any US, Investment grade bond fund - 0.2% International Bond fund - 0.5% (I'm making room for non-hedged). Commodities or Liquid alternatives fund - 1% Asset a...
by azanon
Fri Jul 14, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 7031

Re: 90:10 AA - what don't you believe about it?

A Buffett 90/10 is a very weak, risk-adjusted return portfolio. Head over to portfoliocharts.com (or portfoliovisualizer, etc.), fool around with the tools, and find out how easy it is to build a better risk-adjusted portfolio. By far, the better question is, what's good about it, not the converse t...
by azanon
Fri Jul 14, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1691

Re: New Commodities ETFs

Larry Swedroe stopped recommending commodities some time ago. Since the 2008-2009 financial crisis, commodities have not done well, much of this due to the cheaper energy prices. When an asset class has been down for almost 10 years is that not the best time to move into an asset class IF you are l...
by azanon
Fri Jul 14, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1691

Re: New Commodities ETFs

Larry Swedroe stopped recommending commodities some time ago. Since the 2008-2009 financial crisis, commodities have not done well, much of this due to the cheaper energy prices. When an asset class has been down for almost 10 years is that not the best time to move into an asset class IF you are l...
by azanon
Thu Jul 13, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1691

Re: New Commodities ETFs

Larry Swedroe stopped recommending commodities some time ago. Since the 2008-2009 financial crisis, commodities have not done well, much of this due to the cheaper energy prices. When an asset class has been down for almost 10 years is that not the best time to move into an asset class IF you are l...
by azanon
Thu Jul 13, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1691

Re: New Commodities ETFs

Hi all , Does anyone having any thoughts/opinions on the recently released commodities ETFs? ......... ETFS Bloomberg All Commodity Strategy K-1 Free ETF (BCI) ER .29% Link: http://etfdb.com/etfdb-category/commodities/#etfs__expenses&sort_name=expense_ratio&sort_order=asc&page=1 If I wa...
by azanon
Wed Jul 12, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 72
Views: 8189

Re: TSP Expense Ratio jumps to 0.038%

If they get rid of the G Fund, however, I will be yanking my money out as the lower expense ratios are not enough in and of themselves for me to be keeping track of multiple 401ks. Oh yeah, I'd say the expense ratios now vs. competition is hardly a strong point of TSP anymore, rather just not a det...
by azanon
Wed Jul 12, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 72
Views: 8189

Re: TSP Expense Ratio jumps to 0.038%

I am not (nor have ever been) a TSP participant. I am a taxpayer and participant in various retirement programs. I see NO reason that the employer (federal gevernment, taxpayers) should further subsidize the TSP. sweet take If you see no reason to pay for any employer benefits for federal employees...
by azanon
Wed Jul 12, 2017 7:52 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 72
Views: 8189

Re: TSP Expense Ratio jumps to 0.038%

As a federal employee only a few years into my career I don't currently utilize the G fund in my portfolio, but anyone who does have access to TSP should think long and hard before leaving altogether. I'd say there are a number of other things to consider when deciding whether to keep it there or n...
by azanon
Sat Jul 08, 2017 7:58 am
Forum: Investing - Theory, News & General
Topic: Why has Vanguard Total International (VTIAX/VXUS) underperformed?
Replies: 30
Views: 3546

Re: Why has Vanguard Total International (VTIAX/VXUS) underperformed?

US has outperformed international in every investable time period of 20 years or greater. US stocks are fundamentally better. Everyone will deny this but whatever. Do we even have any reliable/viable international stock data much older than the 1970s? Assuming we don't (I don't believe so), there i...
by azanon
Fri Jul 07, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 149
Views: 13712

Re: Are you finding any good values at Amazon anymore?

You lost me on the gas stations comment; I haven't figured out how to buy gas online and I think it makes sense to buy your gas "nearby". A relative buys gas at the mom-and-pop gas station around the corner from him even though it costs more than the station a mile away. He wants the stat...