Search found 692 matches

by davidkw
Fri Aug 04, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up
Replies: 62
Views: 5859

Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up

[Post merged into here, see below. --admin LadyGeek] Fee Wars "As we continue to get scale, as we continue to grow and we get more efficient, we pass a large part of that back to our clients in the form of lower expenses. That’s not going to stop,” Buckley said Thursday on a company webcast. "If ot...
by davidkw
Wed Aug 02, 2017 5:06 pm
Forum: Investing - Theory, News & General
Topic: VGSTX: Is Vanguard STAR Still A Star?
Replies: 22
Views: 3137

VGSTX: Is Vanguard STAR Still A Star?

Vanguard Star For all of Vanguard’s success with ultra-low cost index funds, it’s easy for folks to forget that it has a handful of pretty successful funds outside this realm as well. The $20 billion Vanguard STAR Fund (VGSTX) is a good example of what investors can find in one of the company’s act...
by davidkw
Mon Jul 31, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 4319

Re: How Fidelity’s War With Vanguard Means Big Savings for Investors

Fidelity in June said more than 1,500 employees took a buyout offer announced in February, around the time Chief Executive Officer Abigail Johnson wrote in the firm’s annual letter that the indexing wave has created a more difficult world for money managers. In July, the firm dismissed hundreds of ...
by davidkw
Mon Jul 31, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 4319

How Fidelity’s War With Vanguard Means Big Savings for Investors

Fidelity's Wars with Vanguard Fidelity will cut fees on 14 passive products, saying its stock and bond index mutual funds and sector exchange-traded funds now have net expenses lower than comparable Vanguard funds. The reductions, which take effect Aug. 1 and apply to most share classes, will save ...
by davidkw
Sat Jul 29, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: Your Robo-Adviser May Have a Conflict of Interest
Replies: 3
Views: 675

Your Robo-Adviser May Have a Conflict of Interest

Robo Advisor Conflict??? The practice is known as revenue-sharing, or paying for shelf space. It includes sponsoring conferences for bank employees at luxury resorts and lavishing top brokers with gifts and entertainment. Vanguard Group, whose popular low-cost ETFs are the main funds used by Wealth...
by davidkw
Sat Jul 29, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: Fund Q&A: Vanguard's New Chief Investment Officer
Replies: 0
Views: 209

Fund Q&A: Vanguard's New Chief Investment Officer

Q & A New Vanguard CIO Q: Do you think the industry could ever get to a point where someone offers a fund with zero fees, to be a loss leader and bring in customers for their other funds? A: You already have people doing loss-leader strategies now. You have companies adding new funds that are c...
by davidkw
Sat Jul 29, 2017 6:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard Group plans a new building and more in East Whiteland Township
Replies: 1
Views: 650

Vanguard Group plans a new building and more in East Whiteland Township

Vanguard expanding complex The company is in the early planning stages for the first building, which will be adjacent to two existing structures on an 84-acre site beside its sprawling Chester County headquarters in Tredyffrin. The “Malvern West” site is at Route 30 and 209, just off Route 202, sai...
by davidkw
Sat Jul 29, 2017 6:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard Builds a Fleet of Active Funds to Dominate Overseas
Replies: 12
Views: 1755

Vanguard Builds a Fleet of Active Funds to Dominate Overseas

Funds for Overseas Vanguard is pushing into Europe and Asia-Pacific, but it’s de-emphasizing the index-tracking products that brought in about 75 percent of its assets in favor of an armada of actively managed funds, which Europeans tend to prefer. The offerings will still have Vanguard’s signature...
by davidkw
Tue Jul 25, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg--Meet the Man Who Is Going to Run Vanguard
Replies: 5
Views: 1081

Meet the Man Who Is Going to Run Vanguard

Nice Bloomberg article

Meet the Man

Arguably, we have one of the most successful fintech offerings in the advice space with the 2015 launch of our Personal Advisor Services (PAS), our hybrid advice offering that now manages $80 billion.
by davidkw
Thu Jul 20, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: My favorite CNBC program
Replies: 33
Views: 3649

Re: My favorite CNBC program

American Greed and the Nightly Business Report.
by davidkw
Mon Jul 17, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: Active Manager Uses Lessons From Vanguard to Resist Passive
Replies: 21
Views: 2696

Active Manager Uses Lessons From Vanguard to Resist Passive

Lessons from Vanguard

But some 3,300 miles away from Vanguard’s headquarters in Pennsylvania, a Scottish money manager that’s been around since 1908 is taking a lesson from the U.S. behemoth to survive as a standalone firm.


Nice read from a company in Edinburgh taking a page from Vanguard.
by davidkw
Mon Jul 17, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Reaches Top, But It's Hard to Stay There
Replies: 1
Views: 668

Vanguard Reaches Top, But It's Hard to Stay There

Vanguard Reaches The Top I think it’s safe to say that 40 years after Vanguard founder John Bogle set out to convince investors that low-cost indexing is better, Vanguard has won the argument. Vanguard is the best thing that ever happened to investors. There’s no going back from the passive, low-co...
by davidkw
Thu Jul 13, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: Buckley will succeed McNab as Vanguard CEO at year end
Replies: 32
Views: 3750

Vanguard CEO McNabb to step down

New CEO at Vanguard Tim Buckley, the current chief investment officer of the company that oversees $4.4tn of assets, will take over as CEO. Buckley, 48, joined the company in 1991 as an assistant to Vanguard’s founder Jack Bogle. He will become the Pennsylvania-based company’s fourth CEO since it w...
by davidkw
Thu Jul 13, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: Hundreds laid off at Fidelity
Replies: 22
Views: 4311

Fidelity layoffs

[Thread merged into here, see below. --admin LadyGeek] Fidelity layoffs The local layoffs come on top of the close to 300 Massachusetts employees who took voluntary buyout offers from the company earlier this year. In all, fewer than 450 Fidelity employees were laid off worldwide, the source said. ...
by davidkw
Tue Jul 11, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Investors flock to Vanguard funds, dump Goldman, Wells Fargo, and others
Replies: 35
Views: 3437

Investors flock to Vanguard funds, dump Goldman, Wells Fargo, and others

Investor Flock to VG


The investment management giant has taken in more than $177.3 billion in inflows across its products thus far in 2017, according to Morningstar data. That’s about as much as its 10 closest competitors—combined.



Vanguard's domination is continuing.
by davidkw
Sat Jul 08, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: How Vanguard Founder Jack Bogle Is Backed by 'Murderers' Row' of Economists and Investors
Replies: 5
Views: 1498

How Vanguard Founder Jack Bogle Is Backed by 'Murderers' Row' of Economists and Investors

Another outstanding article on Jack

Backed by 'Murderers' Row' of Economists and Investors

Murderers' Row refers to the dominant 1927 New York Yankees baseball team, describing what is said to be the best starting nine in baseball history, which included Babe Ruth and Lou Gehrig.
by davidkw
Tue Jun 20, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard rides robo-advice wave to $65B in assets
Replies: 1
Views: 646

Vanguard rides robo-advice wave to $65B in assets

Vanguard PAS

Vanguard's Personal Advisor Services, which is four times the size of the next-largest robo-platform, is a hybrid that incorporates human advisers and is starting to look like the blueprint for the way to leverage digital advice.


Vanguard taking off here with PAS
by davidkw
Sat Jun 17, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Any alternatives to Tempur-Pedic for memory foam???
Replies: 12
Views: 1237

Any alternatives to Tempur-Pedic for memory foam???

I purchased a twin bed for my guest room this week. I liked the Tempur-pedic, but the price was too high. I purchased a hybrid bed with coils and foam on the top. It is firm and I like it. For my next bed purchase for the master bedroom, if the price it right, I would like to get a foam mattress.
by davidkw
Sat Jun 17, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Total US or Vanguard 2050?
Replies: 14
Views: 1649

Re: Total US or Vanguard 2050?

Go with the Vanguard 2050 Target Retirement Fund. I have the 2030 for my IRA and my Roth.
by davidkw
Mon Jun 05, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: The Bloody Fight for ETF Scraps Is About to Get Even Worse
Replies: 1
Views: 808

The Bloody Fight for ETF Scraps Is About to Get Even Worse

Nice article on the ETF landscape and where things are going Battle for ETS crumbs the dominance of BlackRock, Vanguard, and State Street is staggering: Together they oversee 83 percent of the ETF market in the U.S. passive approaches now account for 35 percent of mutual funds’ stock investments, a ...
by davidkw
Fri Jun 02, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Another Bloomberg article on Vanguard
Replies: 3
Views: 807

Another Bloomberg article on Vanguard

Vanguard commentary The Vanguard Effect has been called by my Bloomberg Intelligence colleague Eric Balchunas “a private-sector wealth-transfer machine [that] has saved average investors $1 trillion.” I personally own a variety of Vanguard funds, as do my clients. I like Vanguard a lot. A commentar...
by davidkw
Thu Jun 01, 2017 4:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard going Down Under
Replies: 11
Views: 2228

Re: Vanguard going Down Under

What do you mean "Vanguard going Down Under"?
A quick Google search finds
"Vanguard Investments Australia Ltd
Company
Founded: 1996
Parent organization: The Vanguard Group"


Down Under is another term for "Australia"
by davidkw
Wed May 31, 2017 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard going Down Under
Replies: 11
Views: 2228

Vanguard going Down Under

Vanguard Down Under It may not be enough. Giants like BlackRock Inc. and Vanguard Group Inc., encouraged by the past years’ global shift towards passive investments, are homing in on Australia with commissions active managers can’t hope to match. And as beating benchmarks becomes harder, the indust...
by davidkw
Wed May 31, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg article on Vanguard dynasty
Replies: 9
Views: 1031

Re: Bloomberg article on Vanguard dynasty

Do you think the domination can continue with the stiff competition? The ER on most of the core index funds are about the same among several brokers. For example, Schwab offers slightly lower ER and there are no deposit limits. Plus other benefits such as better customer service, local branches, be...
by davidkw
Wed May 31, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg article on Vanguard dynasty
Replies: 9
Views: 1031

Bloomberg article on Vanguard dynasty

The Other Difference Between Mutual Funds and Jeans Vanguard is king Nice read about Vanguard dominating the industry. The New York Yankees. The New England Patriots. The UCLA Bruins. The Vanguard Group? Vanguard may not come to mind when thinking about dynasties, but that’s about to change. But un...
by davidkw
Wed May 31, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to seize wealth management industry with its digital platform
Replies: 3
Views: 1251

Vanguard to seize wealth management industry with its digital platform

Wealth Management Vanguard has quietly amassed over $65 billion in assets under management in its Personal Advisor Services offering and has built one of the largest wealth management firms in the nation. Robos as first constituted were never going to be a legitimate threat to replace the independe...
by davidkw
Tue May 30, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Rental cars and Lose of Use insurance
Replies: 14
Views: 1137

Re: Rental cars and Lose of Use insurance

Wow! I did!!! I checked and the credit card I used does cover Lose of Use. I called and they are secondary to my primary insurance.
by davidkw
Tue May 30, 2017 9:37 am
Forum: Personal Consumer Issues
Topic: Rental cars and Lose of Use insurance
Replies: 14
Views: 1137

Re: Rental cars and Lose of Use insurance

Lose of Use is when the car is in the shop getting repaired, the rental car company could bill me for the car not being available to rent out
by davidkw
Tue May 30, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Rental cars and Lose of Use insurance
Replies: 14
Views: 1137

Rental cars and Lose of Use insurance

I called my insurance company and when getting a rental car, I was told my insurance covers the rental, but not Lose of Use for the rental company. What is the best way to get that insurance?
by davidkw
Mon May 29, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: Mouse In Apartment
Replies: 39
Views: 4155

Re: Mouse In Apartment

Peanut butter can be great bait. When I purchased my house in 2003, I caught three mice. No problem since.
by davidkw
Mon May 29, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Priceline for car rental
Replies: 22
Views: 2823

Re: Priceline for car rental

Thanks! I am a BIG Clark Howard fan. I was bummed when his show went off the air on CNN.

David
by davidkw
Mon May 29, 2017 6:49 am
Forum: Investing - Theory, News & General
Topic: Credit unions are non-profit, how come they do not dominate over banks???
Replies: 73
Views: 5933

Credit unions are non-profit, how come they do not dominate over banks???

Credit unions are non-profit, and have a further advantage over banks in that space at government facilities or a company is usually given to them for free. Credit Unions started doing branch offices and having to pay for rent. I just use credit unions. Banks do well competing against credit unions,...
by davidkw
Mon May 29, 2017 6:15 am
Forum: Personal Consumer Issues
Topic: Priceline for car rental
Replies: 22
Views: 2823

Re: Priceline for car rental

For using AAA discount with Hertz right now I have: Rate Details Member Rate 3 Days 123.15 (41.05/day) Taxes & Fees 62.12 Due at Booking 185.29 Total Cost $185.29 On AutoSlash I get the following: Options available through other booking sites:* Don't forget to track your rental after booking at ...
by davidkw
Sun May 28, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Priceline for car rental
Replies: 22
Views: 2823

Re: Priceline for car rental

I'm looking into renting a car at Midway. Previous bids on Priceline say $27. Does that include taxes? I can go with AAA discount for $41. Then add in $60 taxes.
by davidkw
Sun May 28, 2017 7:23 am
Forum: Personal Consumer Issues
Topic: Cheap gym shirts w/ certain materials
Replies: 23
Views: 2858

Re: Cheap gym shirts w/ certain materials

I was at the Leesburg Outlets yesterday, I purchased three Under Armor polyester shirt for $15.83 and that includes tax. Rarely get a sale on Under Armor clothing. If there is an Under Armor outlet near you, check it out this weekend. Walmart has great prices for cotton. I purchased a shirt for $4 a...
by davidkw
Sat May 27, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Meeting with retirement guru, specializes in federal govt employees
Replies: 72
Views: 7767

Re: Meeting with retirement guru, specializes in federal govt employees

Is this the Retirement Professor??? I catch his radio show from time to time. Find out how this person is paid. Best to use a fee only financial advisor. I used a fee only financial back in 2006 when I was becoming a Boglehead. My fee only financial advisor was also an accountant. So he had multiple...
by davidkw
Thu May 25, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Is Schwab Intelligent Portfolio OK for taxable accounts???
Replies: 33
Views: 2872

Re: Is Schwab Intelligent Portfolio OK for taxable accounts???

Why a robo-advisor? As a former active trader and investor, I need something that prevents me from meddling with my portfolio. Even a three- or four-fund setup leaves too much room for temptation to tinker with the asset allocation or securities. Automated rebalancing and tax loss harvesting is rea...
by davidkw
Tue May 23, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Bogle tells CFA Institute confab indexing-firm concentration concerns him \
Replies: 0
Views: 528

Vanguard's Bogle tells CFA Institute confab indexing-firm concentration concerns him \

Jack


Code: Select all

In his speech, Bogle noted that, since 2007, equity index mutual funds have enjoyed capital inflows of $1.8 trillion, while their actively managed counterparts have been hit with $800 billion of capital outflows.


Always great reading about Jack
by davidkw
Tue May 23, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1st in J D Powers investor ranking
Replies: 4
Views: 671

Vanguard, E-Trade and TD Ameritrade top investor ranking: J.D. Power

[Thread merged into here, see below. --admin LadyGeek] JD Power Investors trading with Vanguard, E-Trade and TD Ameritrade give the three firms the highest marks for satisfaction amid growing competition, according to J.D. Power’s annual investor study. Vanguard is improving in customer service.
by davidkw
Tue May 23, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Is Schwab Intelligent Portfolio OK for taxable accounts???
Replies: 33
Views: 2872

Re: Is Schwab Intelligent Portfolio OK for taxable accounts???

With Schwab, you can remove three asset classes. I would remove the US large cap and International large cap Fundamentals.
by davidkw
Mon May 22, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Is Schwab Intelligent Portfolio OK for taxable accounts???
Replies: 33
Views: 2872

Re: Is Schwab Intelligent Portfolio OK for taxable accounts???

David, you didn't actually say what type of accounts those funds are in, IRA, taxable or both? Retiredjg's comment is relevant. I don't think the stock funds (too many) or bond funds (very tax In-efficient) are suitable for a taxable account. How often are they rebalancing the equity funds? I would...
by davidkw
Mon May 22, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Is Schwab Intelligent Portfolio OK for taxable accounts???
Replies: 33
Views: 2872

Is Schwab Intelligent Portfolio OK for taxable accounts???

The Schwab Intelligent Portfolio has tax loss harvesting. How would this compare to the Vanguard Total Stock Market Index that has 100% qualified dividends? This seems like an OK portfolio since I like the value addition with the Fundamental indexes. Would work for an IRA. Just not sure about taxabl...
by davidkw
Sun May 21, 2017 6:10 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 64
Views: 16328

Re: I think I found Rick Ferri

Has Rick Ferri checked in with the Bogleheads? I loved reading his books and asking him questions from this forum
by davidkw
Sat May 20, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Wrist based heart rate monitors
Replies: 35
Views: 2537

Re: Wrist based heart rate monitors

I love the HT7 watch. Nice telling me after a workout how much time my workout was spent in fat burning and fitness zones
by davidkw
Sat May 20, 2017 8:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard makes an impact in the England market
Replies: 13
Views: 1508

Vanguard makes an impact in the England market

Vanguard in England Vanguard, one of the world's biggest passive asset managers which attracted $315 billion from investors last year, is launching a new direct to consumer (D2C) online platform in the U.K. that harnesses technology to offer lower fees to retail investors. Vanguard will charge an a...
by davidkw
Sun May 14, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Anyone catching the CNBC movie Madoff: from Millions to Billions???
Replies: 15
Views: 4403

Anyone catching the CNBC movie Madoff: from Millions to Billions???

Tonight and tomorrow night, a two part show on Madoff from Millions to Billions at 9:00 for two hours. I will tape it.