I doubt very much if the fund is expense ratio free. I think they mean the load is waived. And no, I would not recommend you hold it.
Paul
Search found 12503 matches
- Mon Apr 23, 2018 10:07 pm
- Forum: Investing - Help with Personal Investments
- Topic: Front Loaded Fund Restart
- Replies: 6
- Views: 312
- Mon Apr 23, 2018 9:59 pm
- Forum: Investing - Help with Personal Investments
- Topic: Dividend fund in taxable account during retirement, yea or nay?
- Replies: 21
- Views: 1776
Re: Dividend fund in taxable account during retirement, yea or nay?
Welcome, However, what is the forums opinion regarding investing a lump sum (windfall) in VHYDX during retirement, in a taxable account, if the dividends are equal to the amount one wishes to withdraw annually? Could this possibly be a good position in the event of a market downturn, which might mak...
- Sun Apr 22, 2018 4:43 pm
- Forum: Investing - Theory, News & General
- Topic: -- Mixed Mutual Funds
- Replies: 4
- Views: 246
Re: -- Mixed Mutual Funds
Hello all, Welcome, I am a small time investor. Due to owning more than one 'Balanced'Mixed Mutual fund (i.e. Vanguard bal. index, vbiax, and life strategy vsmgx, etc)....I have a simple question regarding how to determine my overall percent of investments in my portfolio. (I am trying to determine...
- Sun Apr 22, 2018 4:24 pm
- Forum: Investing - Theory, News & General
- Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
- Replies: 16
- Views: 1843
Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Another poor attempt at discrediting indexing. It doesn't even make much sense.
Paul
Paul
- Sun Apr 22, 2018 11:36 am
- Forum: Investing - Help with Personal Investments
- Topic: My taxable account is banged up. Need some help!
- Replies: 20
- Views: 2129
Re: My taxable account is banged up. Need some help!
Yes, if you have income you can contribute to an IRA or Roth. View all accounts as one portfolio. Doing that allows you to hold bonds in the 401k and stocks in taxable while still maintaining your target asset allocation. You might also consider Vanguard tax-managed balanced VTMFX (~50/50) for the t...
- Sun Apr 22, 2018 11:01 am
- Forum: Investing - Help with Personal Investments
- Topic: New to Investing
- Replies: 8
- Views: 554
Re: New to Investing
Hi all, I’m in my mid 20s and am new to investing in a taxable account. I made my first installment into the market last week (all Schwab ETFs on my Schwab account). For some background, I was previously in the 35% income bracket but will be in the 22% income bracket for the next two years before m...
- Sat Apr 21, 2018 9:53 pm
- Forum: Investing - Help with Personal Investments
- Topic: How much does tinkering hurt returns?
- Replies: 16
- Views: 1439
Re: How much does tinkering hurt returns?
With the help of the boglehead forum and website I have moved to a three fund portfolio. Thank you! I am happy with my current portfolio and feel much more confident. However, I continue to learn about things such as tilting to small caps, and some low cost actively managed funds. I am not yet read...
- Sat Apr 21, 2018 6:40 pm
- Forum: Investing - Help with Personal Investments
- Topic: 2018 ETF Portfolio Maintenance & Asset Allocation
- Replies: 4
- Views: 519
Re: 2018 ETF Portfolio Maintenance & Asset Allocation
If you are now feeling a little concerned, and your portfolio is aggressive, you could lower the equity allocation to 80% or 75% with not much drop in return, but a noticeable drop in risk.
Paul
Paul
- Sat Apr 21, 2018 2:24 pm
- Forum: Investing - Theory, News & General
- Topic: Stocks, bonds, bills, inflation, oh, my...
- Replies: 1
- Views: 492
Stocks, bonds, bills, inflation, oh, my...
Just a chart comparing these. Does everything continue to outpace inflation by increasing amounts?
https://calpers.voya.com/static/edtools ... _Bonds.jpg
Maybe not
https://i1.wp.com/inflationdata.com/art ... =901&ssl=1
Paul
https://calpers.voya.com/static/edtools ... _Bonds.jpg
Maybe not
https://i1.wp.com/inflationdata.com/art ... =901&ssl=1
Paul
- Sat Apr 21, 2018 10:25 am
- Forum: Investing - Help with Personal Investments
- Topic: Portfolio Questions
- Replies: 17
- Views: 715
Re: Portfolio Questions
Welcome, Credit Card Debt: $3,000 @ 10% APR Pay this off every month. Tax Filing Status: Single Savings - $10,000 (emergency and all) This may be a little low for a single person. You might consider 3 months of EF. Stock - $1,000 Crypto - $11,000 401k - $28000 (20% of pay) Company match (90 cents f...
- Sat Apr 21, 2018 9:02 am
- Forum: Investing - Help with Personal Investments
- Topic: Bonds beat stocks ?
- Replies: 10
- Views: 852
Re: Bonds beat stocks ?
I read in a 2012 post that bonds have beat us stocks over the last decade. Can someone explain how that is possible. When Bonds earn 9% in the best years for bonds and the S&P 500 earns over 20% in a good year. The S&P500 can earn over 20% in a good year, and it can lose more than than in a bad yea...
- Fri Apr 20, 2018 10:23 am
- Forum: Investing - Theory, News & General
- Topic: Financial "coaching"/consulting certifications?
- Replies: 13
- Views: 1097
Re: Financial "coaching"/consulting certifications?
Dan, the replies you received from Harry and Rick are what I would expect as both do act like coaches, but hold no certification. Here's another guy, no advisor credential, doing coaching that has taken it to the next level. https://wellkeptwallet.com/deacon-hayes/ Of course, coaches without an advi...
- Fri Apr 20, 2018 9:35 am
- Forum: Investing - Help with Personal Investments
- Topic: Grandparents requested our help to manage $300K
- Replies: 21
- Views: 2324
Re: Grandparents requested our help to manage $300K
Beach, it sounds like your wife's grandparents received this 300k from a sale and they've marked it for inheritance. In addition, they really don't want to have to managed it, so they have brought their daughter and son-in-law into management. That's fine, but it's still their money, which could tur...
- Thu Apr 19, 2018 8:21 pm
- Forum: Investing - Theory, News & General
- Topic: Financial "coaching"/consulting certifications?
- Replies: 13
- Views: 1097
Re: Financial "coaching"/consulting certifications?
You might run your idea past Bogeheads Harry Sit (the oblivious investor) and Rick Van Ness, who operates Financing Life. Both do something like you describe and no certification is needed. Also see links in my response to Dan below. Harry Sit https://thefinancebuff.com/about Rick Van Ness https://f...
- Thu Apr 19, 2018 7:55 pm
- Forum: Investing - Help with Personal Investments
- Topic: Fidelity 4 fund that would be better than freedom fund?
- Replies: 15
- Views: 1147
Re: Fidelity 4 fund that would be better than freedom fund?
The 4 fund portfolio is usually considered to be:
Total Stock Market
Total International
Bonds
International Bonds
Paul
Total Stock Market
Total International
Bonds
International Bonds
Paul
- Thu Apr 19, 2018 3:36 pm
- Forum: Investing - Help with Personal Investments
- Topic: Fidelity 4 fund that would be better than freedom fund?
- Replies: 15
- Views: 1147
Re: Fidelity 4 fund that would be better than freedom fund?
We don't know how much $$ is involved, but here is Fidelity Index Funds, Premium Class, which have a 10k min. I would just use a 3-fund version, with total stock market, total international, and a tax-efficient bond fund. https://www.fidelity.com/mutual-funds/investing-ideas/index-funds?imm_pid=7000...
- Thu Apr 19, 2018 2:09 pm
- Forum: Investing - Help with Personal Investments
- Topic: Financial planners [looking for one]
- Replies: 26
- Views: 1939
Re: Financial planners [looking for one]
Here's another option. Boglehead Harry Sit (the finance buff) offers a service that will provide you with the names of three screened advisors in your area, but what you really may want is a financial plan that includes a review of everything you have and provides a detailed course of action. This i...
- Thu Apr 19, 2018 11:18 am
- Forum: Investing - Theory, News & General
- Topic: Bill Bonner: what's your take?
- Replies: 38
- Views: 3274
Re: Bill Bonner: what's your take?
Who is Bill Bonner? Never mind, I don't need to know.
Treadlightly, you and your husband's philosophy are wrong and harmful to long term potential wealth accumulation. You have to crank up education.
Paul
Treadlightly, you and your husband's philosophy are wrong and harmful to long term potential wealth accumulation. You have to crank up education.
Paul
- Thu Apr 19, 2018 9:38 am
- Forum: Investing - Help with Personal Investments
- Topic: EJ Escapee
- Replies: 7
- Views: 838
Re: EJ Escapee
Hey Everybody, Welcome Scott, Great sight and great people. I'm 29 years old and have just recently realized the EJ con I was wrapped up in. Ive begun the process of moving my 4 accts over to vanguard for a $400 EJ fee(whatever suck it Ed, I'm free). Vanguard is fine, but I'd be careful about movin...
- Wed Apr 18, 2018 7:47 pm
- Forum: Investing - Help with Personal Investments
- Topic: Taxable account
- Replies: 5
- Views: 950
Re: Taxable account
GAB The Gabelli Equity Trust is a closed-end, non-diversified management investment company whose investment objective is long term growth of capital, with income as a secondary objective. Investments will be made based on management's perception of their potential for capital appreciation. The Fund...
- Wed Apr 18, 2018 6:34 pm
- Forum: Investing - Theory, News & General
- Topic: 2 Quick Questions
- Replies: 9
- Views: 1028
Re: 2 Quick Questions
Provide the names of a couple of international funds you are interested in and maybe readers can come up with answers.
I won't ask why you want to know this, but consider a fund that holds 200 stocks vs one that holds 30 stocks.
Paul
I won't ask why you want to know this, but consider a fund that holds 200 stocks vs one that holds 30 stocks.
Paul
- Wed Apr 18, 2018 3:37 pm
- Forum: Investing - Theory, News & General
- Topic: A fact about active fund performance
- Replies: 1
- Views: 265
A fact about active fund performance
A fact about active fund performance--it's worse than we thought. For example, according to S&P Global, only 34.11% of large-cap mutual funds that existed 15 years ago are around today. Needless to say, the 65.89% of funds that didn’t survive were mediocre performers when they were merged or liquida...
- Wed Apr 18, 2018 11:57 am
- Forum: Investing - Theory, News & General
- Topic: Factor Investing - A convincing article
- Replies: 66
- Views: 5355
Re: Factor Investing - A convincing article
If factor investing works reliably it will become very popular and it will be reflected in total market profile. Ho hum.
Paul
Paul
- Wed Apr 18, 2018 11:45 am
- Forum: Investing - Theory, News & General
- Topic: John Bogle Attends Warren Buffett's Shareholder Meeting
- Replies: 7
- Views: 1529
Re: John Bogle Attends Warren Buffett's Shareholder Meeting
Thanks Taylor, good story. Buffet has a lot of respect for John Bogle, and seems to be the other way around too.
Paul
Paul
- Wed Apr 18, 2018 10:49 am
- Forum: Investing - Help with Personal Investments
- Topic: 2017 IRA Contribution Deadline
- Replies: 4
- Views: 468
Re: 2017 IRA Contribution Deadline
PFInterest wrote: ↑Wed Apr 18, 2018 9:06 amIs the 2017 IRA contribution deadline also extended till today given the IRS extension?
https://www.rothira.com/roth-ira-rulesYou may make a contribution anytime from January 1 to the tax filing deadline (April 18 in 2018).
Paul
- Wed Apr 18, 2018 10:19 am
- Forum: Investing - Help with Personal Investments
- Topic: Please help me with arguments for/against actively managed...
- Replies: 34
- Views: 1580
Re: Please help me with arguments for/against actively managed...
RoadRat, you've gotten a lot of replies; here are is a summary. 1. 1.2% is expensive for a management fee. 2. The 60 stocks raises more questions. Is the advisor frequently selling/buying stocks? There are additional fees to buy and sell. This no doubt benefits the advisor more than the client. 3. I...
- Tue Apr 17, 2018 7:18 pm
- Forum: Investing - Help with Personal Investments
- Topic: Please help me with arguments for/against actively managed...
- Replies: 34
- Views: 1580
Re: Please help me with arguments for/against actively managed...
I am in a debate with a friend regarding performance of an actively managed portfolio that charges 1.2% fees per year vs. a three fund strategy at Vanguard. Please help me with the pros/cons of this argument. Thanks in advance. Love, RR Are you saying 1.2% is the advisor's fee, and in addition he h...
- Mon Apr 16, 2018 11:13 pm
- Forum: Investing - Help with Personal Investments
- Topic: High fee funds
- Replies: 19
- Views: 2247
Re: High fee funds
billo, here's the performance of GABAX on Morningstar. This fund is also very tax-inefficient, so shouldn't be in a taxable account.
http://performance.morningstar.com/fund ... ture=en-US
Paul
http://performance.morningstar.com/fund ... ture=en-US
Paul
- Mon Apr 16, 2018 9:21 pm
- Forum: Investing - Help with Personal Investments
- Topic: Roth 401k and Roth IRA
- Replies: 6
- Views: 580
Re: Roth 401k and Roth IRA
Thanks for replying. Should I open an IRA account at the bank or at Vanguard .....? what do you recommend? Banks are expensive places to keep investments of any kind. If you want to try to open an account tomorrow, try Schwab or Fidelity, but don't opt for any managed or advisory accounts . Both ha...
- Mon Apr 16, 2018 7:15 pm
- Forum: Investing - Theory, News & General
- Topic: Class Action suit against DDD?
- Replies: 13
- Views: 2018
Re: Class Action suit against DDD?
An example of specific stock risk.
Victoria...
Paul
Victoria...

Paul
- Mon Apr 16, 2018 7:08 pm
- Forum: Investing - Theory, News & General
- Topic: We crush stock indexes, Yale claims
- Replies: 98
- Views: 11057
Re: We crush stock indexes, Yale claims
In 2015, Swensen said this: Fees can do terrible damage to your investment returns. Even in higher-risk, higher-return asset classes such as stocks you can only expect high-single digit or low double-digit returns over long periods of time. So if you end up paying 1 percent to a financial adviser, a...
- Mon Apr 16, 2018 5:43 pm
- Forum: Investing - Help with Personal Investments
- Topic: Easy way to compare funds, indexes, stock
- Replies: 16
- Views: 1076
Re: Easy way to compare funds, indexes, stock
Mr Jones: I too need encouragement to stay the course even with my analytical personality. Now if I can prove to myself that the payoff was not worth the amount of time and effort in maintaining individual stock, I'd just go 100% index. It may take you 10 years or more to get a reliable answer to th...
- Mon Apr 16, 2018 1:15 pm
- Forum: Investing - Help with Personal Investments
- Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
- Replies: 49
- Views: 2901
Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Personalized Portfolio...What advantages do a personalized portfolio have over a target date fund, in your opinion?
ADVANTAGE - Allows hands on so you can customize and tweak
DISADVANTAGE - Allows hands on so you can customize and teak.

Paul
- Sun Apr 15, 2018 10:56 am
- Forum: Investing - Help with Personal Investments
- Topic: Need some IRA advice please
- Replies: 8
- Views: 614
Re: Need some IRA advice please
Thanks guys for all your input. What do you think about my current scenario and me AA 100% towards US equities like a total US market index fund? Like I said I don’t really have any need for this cash in the next 5 years or so and I would hate to miss on any potential appreciation. Please advise.. ...
- Sun Apr 15, 2018 10:50 am
- Forum: Investing - Help with Personal Investments
- Topic: Easy way to compare funds, indexes, stock
- Replies: 16
- Views: 1076
Re: Easy way to compare funds, indexes, stock
The question I'm trying to answer is what would have happened if I had invested - bought and sold - in one ticker versus another on a certain pair of dates. This is almost a totally useless exercise. What would have happened does not correlate very well with what will happen. Use index funds and yo...
- Sun Apr 15, 2018 10:27 am
- Forum: Investing - Help with Personal Investments
- Topic: Bad money managers
- Replies: 4
- Views: 645
Re: Bad money managers
Unless you simply hold cash/CDs in the IRA, I would not recommend a bank for any investing. Broker Check/Complaint https://www.thebalance.com/financial-advistors-credentials-2388438 FINRA https://brokercheck.finra.org/ FINRA Broker Complaint http://www.finra.org/investors/investor-complaint-center
- Sun Apr 15, 2018 10:10 am
- Forum: Investing - Help with Personal Investments
- Topic: Alternative website for those in lower tax brackets?
- Replies: 59
- Views: 5234
Re: Alternative website for those in lower tax brackets?
Let's not forget what Bogleheads' is all about. From Getting Started in the Wiki... The Bogleheads® motto is Investing Advice Inspired by Jack Bogle. We are part of his crusade "to give ordinary investors a fair shake." Buffett Called Me a Hero https://www.cnbc.com/2017/05/08/buffett-called-me-a-her...
- Fri Apr 13, 2018 11:09 pm
- Forum: Investing - Theory, News & General
- Topic: Factor Investing - A convincing article
- Replies: 66
- Views: 5355
Re: Factor Investing - I convincing article
jhfenton wrote: 5 years of underperformance! I'm convinced. :oops: Or perhaps, I'll stick with what has overperformed for me for more than 20 years. Come on, don't leave us in suspense, what is your secret overperformance strategy? For those who aren't familiar with John Bogle's classic Tell Tail C...
- Thu Apr 12, 2018 11:54 pm
- Forum: Investing - Help with Personal Investments
- Topic: High fee funds
- Replies: 19
- Views: 2247
Re: High fee funds
billo, there are several versions of that fund, we need the ticker symbol. Taylor has provided info on the investor class, but is that the fund you have? Some versions have even lower returns because of higher fees.
Paul
Paul
- Wed Apr 11, 2018 11:18 pm
- Forum: Investing - Theory, News & General
- Topic: Why are expected returns so much lower than historical returns?
- Replies: 153
- Views: 8311
Re: Why are expected returns so much lower than historical returns?
Here's an explanation, but keep in mind if we follow and pay attention to P/E10 and returns, the P/E10 ratio should not be as high as it is. One thing is certain though, stocks don't grow to the sky, so forecasts have to be for lower returns.
https://www.lynalden.com/shiller-pe-cape-ratio/
Paul
https://www.lynalden.com/shiller-pe-cape-ratio/
Paul
- Wed Apr 11, 2018 11:00 pm
- Forum: Investing - Help with Personal Investments
- Topic: Any aggressive index funds in your portfolio?
- Replies: 35
- Views: 3189
Re: Any aggressive index funds in your portfolio?
So, been reading this site a month now and have recently read a couple of the books recommended from this site (Bogleheads Guide to Retirement, and the other one Bogleheads Guide to Investing) and I’m currently trying to rearrange my 401K and my Roth IRA along with my Wife’s Roth IRA. Just curious ...
- Wed Apr 11, 2018 9:23 pm
- Forum: Investing - Help with Personal Investments
- Topic: Ditched bond fund for money market. Thoughts?
- Replies: 40
- Views: 3691
- Wed Apr 11, 2018 6:05 pm
- Forum: Personal Finance (Not Investing)
- Topic: Good auto insurance
- Replies: 3
- Views: 544
Good auto insurance
I'm currently with GEICO, but just got an unsolicited letter from 21st Century claiming $300 less for same policy. 21st Century doesn't seem to have very good reviews, but it has made me curious about good, lower cost companies.
Any ideas?
thanks,
Paul
Any ideas?
thanks,
Paul
- Wed Apr 11, 2018 12:08 pm
- Forum: Investing - Help with Personal Investments
- Topic: Free morningstar x-ray tool erratic . . .
- Replies: 7
- Views: 788
Re: Free morningstar x-ray tool erratic . . .
M* is having all kinds of problems with their "upgraded" website.
http://socialize.morningstar.com/NewSoc ... px#3923552
http://socialize.morningstar.com/NewSoc ... px#3908651
Paul
http://socialize.morningstar.com/NewSoc ... px#3923552
http://socialize.morningstar.com/NewSoc ... px#3908651
Paul
- Wed Apr 11, 2018 10:34 am
- Forum: Investing - Help with Personal Investments
- Topic: Question on the lost decade
- Replies: 9
- Views: 922
Re: Queson on the lost decade
All great responses. Someone young like my son has 40 plus years of investing. Someone like me does not have that time especially if I want to enjoy the investments. So, as I did when I retired I lowered my AA stocks/fixed income to reduce some risk of the market. This makes even more sense now. I ...
- Tue Apr 10, 2018 10:50 pm
- Forum: Investing - Theory, News & General
- Topic: The Slings and Arrows of Passive Fortune
- Replies: 4
- Views: 1188
Re: The Slings and Arrows of Passive Fortune
^ This is the best researched, most clearly argued 18 pages on the real facts about passive investing that I've seen. This write-up serves as a strong antidote to all the scare articles one sees in the financial press — and should be recommended in every future Forum thread about the "dangers" of p...
- Tue Apr 10, 2018 3:15 pm
- Forum: Investing - Theory, News & General
- Topic: Factor Investing - A convincing article
- Replies: 66
- Views: 5355
Re: Factor Investing - I convincing article
jhfenton wrote: 5 years of underperformance! I'm convinced. :oops: Or perhaps, I'll stick with what has overperformed for me for more than 20 years. Come on, don't leave us in suspense, what is your secret overperformance strategy? For those who aren't familiar with John Bogle's classic Tell Tail C...
- Tue Apr 10, 2018 10:34 am
- Forum: Investing - Theory, News & General
- Topic: Factor Investing - A convincing article
- Replies: 66
- Views: 5355
Re: Factor Investing - I convincing article
I am convinced! https://www.advisorperspectives.com/articles/2018/04/09/factor-investing-what-went-wrong Any comments? Thanks, excellent article from Allan Roth. There are a few investors on the board that have the knowledge and experience to actually capture some of these now you see 'em, now you ...
- Mon Apr 09, 2018 10:11 pm
- Forum: Investing - Help with Personal Investments
- Topic: Two Interesting Investing Articles
- Replies: 1
- Views: 497
Two Interesting Investing Articles
Here are two investing articles that provide the fundamentals of Boglehead investing in a very few words. http://time.com/money/collection-post/3926814/best-investing-books-shiller-malkiel/ All the investment advice you'll ever need. https://www.washingtonpost.com/news/wonk/wp/2013/09/16/this-4x6-in...
- Mon Apr 09, 2018 1:08 pm
- Forum: Investing - Theory, News & General
- Topic: "Here’s One Underappreciated Reason Why Index Funds Have Been So Popular"
- Replies: 2
- Views: 1175
Re: "Here’s One Underappreciated Reason Why Index Funds Have Been So Popular"
Thanks Taylor. I fully agree with the article, and index funds are incredibly hard to beat in a rising market. Index funds have attracted a lot of flip-flop investors and they will drop out when the market falls thus creating a deeper drop.
Paul
Paul