Search found 10220 matches

by pkcrafter
Tue Aug 23, 2016 2:35 pm
Forum: Investing - Theory, News & General
Topic: Diversification
Replies: 6
Views: 431

Re: Diversification

Thanks, definitely interesting.

Paul
by pkcrafter
Tue Aug 23, 2016 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Quick portfolio check-up
Replies: 1
Views: 235

Re: Quick portfolio check-up

Doesn't look like much advice is needed. It looks like you have things pretty much under control. AA is good In the 15% tax bracket, taxes on the bond fund aren't a major issue. On the other side, it would be easy for you to buy the bonds in one of your tax deferred accounts and sell them in taxable...
by pkcrafter
Tue Aug 23, 2016 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones offering of Mutual Funds in Retirement Accounts
Replies: 9
Views: 897

Re: Edward Jones offering of Mutual Funds in Retirement Accounts

The employees are happy, but too bad the customers aren't sharing in the happiness. I guess the customers' job is to make the employees happy.

Paul
by pkcrafter
Tue Aug 23, 2016 8:55 am
Forum: Investing - Help with Personal Investments
Topic: High Income and Confused
Replies: 17
Views: 2297

Re: High Income and Confused

Welcome,

You can get a lot of good information here by asking questions and reading the Wiki.

https://www.bogleheads.org/wiki/Main_Page

I also want to strongly suggest you do not invest with a family friend. Furthermore, Edleman's expenses are higher than average.

Paul
by pkcrafter
Tue Aug 23, 2016 8:35 am
Forum: Investing - Help with Personal Investments
Topic: How does this portfolio look?
Replies: 12
Views: 856

Re: How does this portfolio look?

tunesmith:
By sector-balanced I just meant I picked percentages for different sectors and stick to them by rebalancing quarterly.

You don't appear to be holding any specific sectors, so sector-balanced is still confusing. Perhaps you mean asset class balanced?

Paul
by pkcrafter
Mon Aug 22, 2016 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?
Replies: 84
Views: 5785

Re: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?

Smoky Joe, this is now a long thread and after reading all of it, it seems you continue to ask the same question, but you don't really accept the advice. In other words, you would really like to invest with your friend, but you are waiting for an approval. What I think you are really doing now is a ...
by pkcrafter
Mon Aug 22, 2016 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: How does this portfolio look?
Replies: 12
Views: 856

Re: How does this portfolio look?

Welcome, Comments in blue... Hi, I'm afraid I have let my investment strategy get away from me a bit and I am trying to get back on track. I am hoping to get some advice about my strategy is looking and how I can improve it. I think I am too risk-averse. You're in your 40s, 80% stock with 30% in sm...
by pkcrafter
Mon Aug 22, 2016 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Company's 401k junk and Trad IRA languishes - I want to fix now!
Replies: 17
Views: 926

Re: Company's 401k junk and Trad IRA languishes - I want to fix now!

Curious about #3 above. Why is it more beneficial to contribute to an IRA rather than max out the 401k first? What type of IRA? The 401k gives you the tax advantages up front. Ruralavalon is not talking about a Roth IRA, he's thinking of a TIRA, which has the same tax advantage as the 401k I quibbl...
by pkcrafter
Mon Aug 22, 2016 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Getting started with Investing
Replies: 3
Views: 209

Re: Getting started with Investing

Welcome. Comments in blue. I am 25 yo female who recently started saving for retirement. I am currently sitting on approximately 25k in a money market account and am a little apprenhensive about whether or not to invest in the market and bonds, CD or keep a large portion of it in my current account....
by pkcrafter
Mon Aug 22, 2016 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: do i need 3(38) or 3(21) to be fiduciary to open up 401k?
Replies: 10
Views: 259

Re: do i need 3(38) or 3(21) to be fiduciary to open up 401k?

A 3(38) fiduciary may only be a bank, an insurance company, or a registered investment adviser (RIA) subject to the Investment Advisers Act of 1940.


http://davidgratke.com/401k/321-vs-338- ... ifference/

Are you sole proprietor? How many employees?

Paul
by pkcrafter
Mon Aug 22, 2016 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: where to start with investing
Replies: 9
Views: 695

Re: where to start with investing

I agree with Fallible--you don't want to start with such an aggressive portfolio. Also, those funds require 3k each to open, so you can't buy them all right away. OK, you could buy ETFs, but I don't think it's a good idea until you read, ask questions, and develop a good plan. If you want to start o...
by pkcrafter
Sun Aug 21, 2016 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Firing FA, need help with what to do with funds
Replies: 3
Views: 460

Re: Firing FA, need help with what to do with funds

Welcome, My plan is to transfer all the funds in kind to Vanguard. Before you attempt this, make sure Vanguard carries all the funds. If they don't you will end up moving the ones they do have, but the others will sit in the old account. Check out your funds here... https://investor.vanguard.com/oth...
by pkcrafter
Sun Aug 21, 2016 6:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard seeks SEC relief for US active ETFs:
Replies: 12
Views: 1097

Re: Vanguard seeks SEC relief for US active ETFs:

I just wish Vanguard's urge to gather assets matched its capacity to deliver first-rate service. Lev I can't tell if that was a serious remark, but I suspect it was facetious. :wink: There is something that doesn't feel right here. Vanguard is already no. 1, why are they pushing for more? Very unli...
by pkcrafter
Sun Aug 21, 2016 5:46 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 109
Views: 5841

Re: Are there other reasons besides volatility to avoid 100% equities?

I would like to thank all participants in this thread for a very stimulating, high level discussion. I guess everyone agrees that stocks are risky in the short term, but there is disagreement for risk associated with long term. It seems to me that those saying stocks are safe in the long term must b...
by pkcrafter
Fri Aug 19, 2016 7:31 pm
Forum: Investing - Theory, News & General
Topic: 401K Fees [401(k) Lawsuits increasing due to fiduciary standard]
Replies: 27
Views: 1442

Re: 401K FEE'S

Thanks for posting this. In the past week, a number of similar lawsuits have been filed against some top U.S. colleges and universities over alleged excessive fees charged to employees in their 401(k) and 403(b) retirement plans. At least eight were filed, including suits against Massachusetts Insti...
by pkcrafter
Fri Aug 19, 2016 3:22 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 109
Views: 5841

Re: Are there other reasons besides volatility to avoid 100% equities?

It is said that stocks are risky in the short term--5 years, but they aren't really risky after 20 years. What I don't get is 20 years is simply four successive 5 year periods. Aren't they risky in those periods? Years 16-20 is a 5 year period, so stocks must be just as risky in that period as in th...
by pkcrafter
Thu Aug 18, 2016 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K portfolio
Replies: 6
Views: 478

Re: Help with 401K portfolio

Your choices are Ok, considering what there is to work with. This would be my pick-- BTIIX Dtsch Equity 500 Index I HAINX Harbor International MWTSX Mtr West Total Return Bond HAINX has some EM. The REIT and EM funds just look too expensive. Does your sister have any other accounts -- IRA, Roth or t...
by pkcrafter
Thu Aug 18, 2016 4:56 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3052

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

HomoLudens, I don't think Taleb's definition of a Black Swan in as far reaching as Hume or others in philosophy. Taleb's range A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanat...
by pkcrafter
Thu Aug 18, 2016 3:41 pm
Forum: Personal Consumer Issues
Topic: Book - Criticism of behavioral economics.
Replies: 18
Views: 1784

Re: Book - Criticism of behavioral economics.

I think we need to define what we mean by behavioral economics. It is fashionable to criticize economic theory for focusing too much on rationality and ignoring the imperfect and emotional way in which real economic decisions are reached. All of us facing the global economic crisis wonder just how r...
by pkcrafter
Thu Aug 18, 2016 11:28 am
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3052

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

HomoLudens, since you mentioned Black Swans, Taleb and Hume, maybe we should clarify the difference. The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with ...
by pkcrafter
Thu Aug 18, 2016 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Would you get into [FSMEX - Fidelity Select Medical Equipment] now or wait?
Replies: 24
Views: 1343

Re: Would you get into [FSMEX - Fidelity Select Medical Equipment] now or wait?

Glocke, I think part of the communication problem is you have landed on the Bogleheads board and you are not familiar with our philosophy. Your original question about FSMEX--a rather simple question--set off alarms among our members. :happy I'll give you an example of why your question might cause ...
by pkcrafter
Wed Aug 17, 2016 4:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Issues
Replies: 98
Views: 8121

Re: Vanguard Customer Service Issues

I suspect this is a big part of the problem. in the year ending June 30, Vanguard had about $151 billion in inflows, the most of any fund family in the industry http://news.morningstar.com/cover/videocenter.aspx?id=759905 Too much, too fast. Ats a lotta money :moneybag :moneybag :moneybag Got to be ...
by pkcrafter
Wed Aug 17, 2016 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 97
Views: 6679

Re: Anyone else getting nervous and converting to cash as a short-term move?

Highwatter: That said, I was just wondering if anyone here is a bit nervous about throwing a lot of money at the market right now. I have a decent amount of cash sitting in my 401k (some from a roll over, and some from under-preforming funds that I recently sold off). Well, you've already made the e...
by pkcrafter
Wed Aug 17, 2016 2:16 pm
Forum: Investing - Theory, News & General
Topic: How to dominate Sharpe ratios
Replies: 10
Views: 699

Re: How to dominate Sharpe ratios

I wonder about risk in these examples. If the player does not roll a 12, there is no risk consequence? In other words, there is no downside volatility below the "risk free" rate.

Paul
by pkcrafter
Wed Aug 17, 2016 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: UPDATED INFO Fee only financial advisor has us in WAY too many funds - Looking for suggestions
Replies: 56
Views: 3924

Re: UPDATED INFO Fee only financial advisor has us in WAY too many funds - Looking for suggestions

I commented earlier that a muni bond is fine in a taxable account, but now I see there are some very inefficient stock funds in taxable as well. Makes no sense, and I agree that there are too many funds with not much thought to good diversification. The only bright spot is the S&P500, but you ch...
by pkcrafter
Tue Aug 16, 2016 10:28 am
Forum: Investing - Help with Personal Investments
Topic: UPDATED INFO Fee only financial advisor has us in WAY too many funds - Looking for suggestions
Replies: 56
Views: 3924

Re: Fee only financial advisor has us in WAY too many funds - Looking for suggestions

loclhero wrote:
My advisor does have us in 2 California muni funds in our taxable account. It's a small percentage. Would you recommend selling those and focusing any bond funds only in our retirement accounts?

Muni bonds are tax-exempt and OK in a taxable account.

Paul
by pkcrafter
Mon Aug 15, 2016 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help me identify/rate this small cap value fund
Replies: 7
Views: 582

Re: Help me identify/rate this small cap value fund

JaySayms wrote:http://www.altruistfa.com/USsmallcapvaluefunds.htm


borrowed from this thread: "Comparison between various small cap value funds"....


Check here...

http://www.etf.com/equity_u_s_small_cap_value

Paul
by pkcrafter
Mon Aug 15, 2016 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help me identify/rate this small cap value fund
Replies: 7
Views: 582

Re: Help me identify/rate this small cap value fund

I can't find a list of preferred on Alturist. Can you provide a link or list the small value funds that are recommended?

Paul
by pkcrafter
Mon Aug 15, 2016 8:04 pm
Forum: Investing - Theory, News & General
Topic: "15 Investment Recommendations"
Replies: 8
Views: 1078

Re: "15 Investment Recommendations"

Thanks, Taylor. As simple as it sounds, it must be continually repeated. Could have come from your own notebook. :moneybag

Paul
by pkcrafter
Mon Aug 15, 2016 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help me identify/rate this small cap value fund
Replies: 7
Views: 582

Re: Help me identify/rate this small cap value fund

I believe it is Blackrock's, iShares Russell 2000 Value Fund (IWN), based on the fact that the literature says it's benchmark is the Russell 2000, but I'm not sure


That's the one, and yes, it is a useful option.

Paul
by pkcrafter
Mon Aug 15, 2016 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for financial goals and planning
Replies: 9
Views: 1126

Re: Suggestions for financial goals and planning

The 3-fund is a very efficient way to invest. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 As for asset allocation, it's a personal decision, but as a starting point and considering your age and the fact that physicians tend to be aggressive, I'd say between 65% and 80% equity wit...
by pkcrafter
Sun Aug 14, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: When Vanguard converts my shares to Admiral, is this a 'price upgrade' or what?
Replies: 5
Views: 904

Re: When Vanguard converts my shares to Admiral, is this a 'price upgrade' or what?

As others have said, this change results in nothing but a benefit to you in the form of lower expense ratios. :sharebeer

Paul
by pkcrafter
Sun Aug 14, 2016 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Use Target Retirement Income Fund in taxable vs. Paying Vanguard Advisory Fee
Replies: 4
Views: 480

Re: Use Target Retirement Income Fund in taxable vs. Paying Vanguard Advisory Fee

Another option is to use tax-managed balanced. The fund is 50/50 and if that's too much add a short or intermediate tax-exempt fund.

Paul
by pkcrafter
Sun Aug 14, 2016 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help (Fidelity 401k)
Replies: 2
Views: 275

Re: Portfolio help (Fidelity 401k)

Welcome, Considering that you are new to investing, I don't think you should be any higher than 75% equity, at least until you have experienced a falling market. Putting everything in FXSIX is not a good idea in my opinion. What are the expense ratios on the Fidelity Freedom K funds. They may be ver...
by pkcrafter
Sat Aug 13, 2016 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: I'm almost a Boglehead, but I have some questions...
Replies: 14
Views: 1400

Re: I'm almost a Boglehead, but I have some questions...

MrFrugal wrote

Thanks, I'm waiting impatiently for it from the library.

Yep, you're a Boglehead. :happy

Paul
by pkcrafter
Sat Aug 13, 2016 11:18 am
Forum: Investing - Theory, News & General
Topic: Fund fees unclear, is something hidden? [UK]
Replies: 8
Views: 577

Re: Fund fees unclear, is something hidden?

I'm not sure you are using the correct ticker. I think it might be HMWD. If it is that, the ER is 0.15%


Paul
by pkcrafter
Sat Aug 13, 2016 10:53 am
Forum: Investing - Theory, News & General
Topic: Fidelity ERISA lawsuit over 401k brokerage option
Replies: 15
Views: 1112

Fidelity ERISA lawsuit over 401k brokerage option

Fidelity is the focus of this article, but the idea of 401k self-directed brokerage links is under fire. http://www.retirementplanblog.com/401k-plans/401k-self-directed-brokerage-accounts-a-cautionary-tale/ Here's a collection of articles on brokerage self-directed accounts and fiduciary responsibil...
by pkcrafter
Sat Aug 13, 2016 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review ?
Replies: 23
Views: 2001

Re: Portfolio Review ?

Taylor, I think the two equity funds are an interesting combination, but I also think the proportions are not optimal. A 50/50 ratio creates a portfolio of almost 50% U.S, 50% international, but the international is almost all small and mid. Market cap is also quite low at 10B. A mix of 70% TSM and ...
by pkcrafter
Sat Aug 13, 2016 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Would you get into [FSMEX - Fidelity Select Medical Equipment] now or wait?
Replies: 24
Views: 1343

Re: Would you get into [FSMEX - Fidelity Select Medical Equipment] now or wait?

Glocke, please post the funds you hold. If I understand your situation, you have a 401k, a brokerage window, and financial engines as an advisory service. I think the brokerage window and the advisory service add additional costs to those of the 401k. The costs suck up a portion of your returns. By ...
by pkcrafter
Fri Aug 12, 2016 6:52 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3052

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

If we are going to judge academics on the value of their books, we have to include Jason Zweig. Zweig is not an academic, but he is very insightful. His book, "Your Money or Your Brain" is a must read for anyone interested in this field. Thaler's "Misbehaving: The Making of Behavioral...
by pkcrafter
Fri Aug 12, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: I am tempted to time the market
Replies: 36
Views: 2575

Re: I am tempted to time the market

Everything I read says don't try to time the market. As a 41 year old who is 15 years from retirement I am 90% stock market index fund and 10% bond. The market has been on one of the longest bull runs so I am thinking I should re-balance and go into cash and/or bonds because it seems like the corre...
by pkcrafter
Fri Aug 12, 2016 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with allocations
Replies: 7
Views: 416

Re: Help with allocations

john, I should have been clear on that recommendation. REITs are very tax inefficient, so they go in tax-advantaged. Look at all accounts as one portfolio so you can make optimal choices and location. Total market and total international are tax efficient. Here's some information on tax management h...
by pkcrafter
Fri Aug 12, 2016 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is your fund selection/picking criteria better than monkey throwing darts?
Replies: 10
Views: 526

Re: Is your fund selection/picking criteria better than monkey throwing darts?

rakamaka, basically your fund selection process does not agree with Boglehead criteria. --'Past performance does not guarantee future returns' Sound good in theory. --but practically when time comes to click 'buy' button, only question we have in mind ' how is fund performed for past 5 or 10 years? ...
by pkcrafter
Fri Aug 12, 2016 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Help with allocations
Replies: 7
Views: 416

Re: Help with allocations

landlordjohn, I was reading down your post and admiring your funds and very low expenses, and then I came to the non-retirement account. Yikes, what happened there? How did these two get in there? They clearly look out of place. $5.4k, HAHAX, Hartford High Yield Fund Class A, Expense ratio 1.06% $5....
by pkcrafter
Fri Aug 12, 2016 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Bond Mutual Fund Returns So High?
Replies: 6
Views: 807

Re: Bond Mutual Fund Returns So High?

Welcome to the forum, Long term bonds are much more sensitive to interest rate changes. LT Gov Bond has a duration of 18, which means it will fall ~18% for every 1% increase in interest rates, and it will take 18 years to recover the losses. LT bond fund has a duration of 15. So, you are correct, wh...
by pkcrafter
Thu Aug 11, 2016 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Best Course for CFP
Replies: 9
Views: 786

Re: Best Course for CFP

BlueCable wrote: Q: Your client, Todd, owns 100 shares HAT stock in his taxable stock portfolio. The stock has been inactive for the last year and Todd expects it to have another sluggish year ahead. To help Todd increase his return on the stock and reduce risk, you would recommend which of the foll...
by pkcrafter
Thu Aug 11, 2016 5:17 pm
Forum: Investing - Theory, News & General
Topic: Is it un-bogle like to time your initial purchase of index funds?
Replies: 14
Views: 1506

Re: Is it un-bogle like to time your initial purchase of index funds?

From my understanding, one of the central themes in the Boglehead philosophy is to avoid trying to predict the market by investing passively, and to hold onto assets through the markets ups and downs. With this in mind, is it anti-Bogle to time my INITIAL purchasing of the funds that I plan to hold...
by pkcrafter
Thu Aug 11, 2016 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Making the Best of a Bad Situation - Ameriprise IRA and ETFs
Replies: 8
Views: 506

Re: Making the Best of a Bad Situation - Ameriprise IRA and ETFs

garshafter: A little background to start. I just started a job with a yearly salary of $120,000, age 24. I am trying to figure out my options for retirement planning. Unfortunately, my only option is to invest through an Ameriprise representative. Out of all the funds I found I was able to locate so...
by pkcrafter
Mon Aug 08, 2016 3:04 pm
Forum: Investing - Theory, News & General
Topic: et tu, Vanguard? Stock/Bond zig-zag myth
Replies: 58
Views: 4398

Re: et tu, Vanguard? Stock/Bond zig-zag myth

Nisi:
I'm sorry. I edited my own posting above. It's not scatological any more, it's plumbiferous. Hopefully others will now follow my lead.


Ha! Do you mean lead as in out front, or as in plumbum?
by pkcrafter
Mon Aug 08, 2016 1:49 pm
Forum: Investing - Theory, News & General
Topic: "Yes, You Still Suck at Investing"
Replies: 33
Views: 5473

Re: "Yes, You Still Suck at Investing"

Just a few comments about advisors. Some try to help their clients and some take advantage of the client's bad behavior. Helping clients to do the right thing may not sit well with some clients. Secondly, advisors are not immune to behavioral errors. They are under a lot of pressure from clients who...

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