Search found 10371 matches

by pkcrafter
Mon Sep 26, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: Interesting new study on Financial Advice Seeking, Financial Knowledge and Overconfidence
Replies: 22
Views: 1824

Re: Interesting new study on Financial Advice Seeking, Financial Knowledge and Overconfidence

"The higher the level of financial literacy, the more likely it is that professional advice will be sought." I think this describes me perfectly. I started investing in 1996 through a stockbroker friend; bought Microsoft, Cisco, etc. Rode the bubble up and down. I became a Boglehead in 20...
by pkcrafter
Mon Sep 26, 2016 4:08 pm
Forum: Investing - Theory, News & General
Topic: Interesting new study on Financial Advice Seeking, Financial Knowledge and Overconfidence
Replies: 22
Views: 1824

Re: Interesting new study on Financial Advice Seeking, Financial Knowledge and Overconfidence

Thanks for a good and needed article on financial literacy. What I found possibly most important is this part of the Italian study (boldface mine): “Additionally, our findings suggest that investor education programmes may be beneficial not only directly, i.e. by raising financial capabilities, but...
by pkcrafter
Mon Sep 26, 2016 10:49 am
Forum: Investing - Help with Personal Investments
Topic: VINIX
Replies: 4
Views: 475

Re: VINIX

Hi everyone, So I was planning on rolling over my ex-employers 401k with T Rowe Price into a vanguard IRA. I was then going to invest in a total stock market fund. At the last minute, though, I noticed that one of the funds available through my ex-employer is VINIX, a vanguard fund. VINIX through V...
by pkcrafter
Mon Sep 26, 2016 10:23 am
Forum: Investing - Theory, News & General
Topic: Here we go again
Replies: 12
Views: 1620

Re: Here we go again

The data I quoted is from M*. Note the different dates on the two charts. http://performance.morningstar.com/fund/performance-return.action?t=VTIAX&region=usa&culture=en_US If investors cannot hold international because it was down or is down, they had better not attempt factor investing. Lo...
by pkcrafter
Mon Sep 26, 2016 9:21 am
Forum: Investing - Theory, News & General
Topic: Here we go again
Replies: 12
Views: 1620

Here we go again

No knock on anyone, but I've seen a few posts now about increasing international. I wonder if it's due to the fact that international is up 7.07% YTD and 10.30% over the past 12 months. For those who actually held international through the downturn, they have already captured every penny of that 10....
by pkcrafter
Mon Sep 26, 2016 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Does this make sense?
Replies: 7
Views: 820

Re: Does this make sense?

Though this is market timing, it does not involve change the overall ratios of a portfolio, just the domestic/international ratio.

It does change the ratio of U.S. to international and that is very significant, especially if it's done based on current short-term performance.
by pkcrafter
Sun Sep 25, 2016 4:41 pm
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 4184

Re: Merriman knocks TSM

I also believe that it is very difficult to write a book and get it published if all you have to say is buy a couple of low cost index funds and go away. You will also have no credibility if all you have to offer is what anyone could have thought of. (The irony, of course, is that thinking that a s...
by pkcrafter
Sun Sep 25, 2016 4:17 pm
Forum: Investing - Theory, News & General
Topic: Financial planner: % of AUM plus commissions?
Replies: 21
Views: 1342

Re: Financial planner: % of AUM plus commissions?

What's the name of the major brokerage?


Paul
by pkcrafter
Sun Sep 25, 2016 4:10 pm
Forum: Investing - Theory, News & General
Topic: Selling in October
Replies: 43
Views: 2804

Re: Selling in October

MEA, would you mind sharing your portfolio with us? It might help if we can spot something.

Paul
by pkcrafter
Sun Sep 25, 2016 11:47 am
Forum: Investing - Theory, News & General
Topic: Investing to Avoid the Consequences of Being Wrong
Replies: 27
Views: 3115

Re: Investing to Avoid the Consequences of Being Wrong

Victoria/Fallible, ask Bill to expand on this a bit. :happy

Paul
by pkcrafter
Sun Sep 25, 2016 11:36 am
Forum: Investing - Theory, News & General
Topic: Selling in October
Replies: 43
Views: 2804

Re: Selling in October

And what's the cause of this irrational fear of October? Are you afraid the Cubs will win the World Series, and the world will end?

Well, it might. :shock:

MEA, we will let you know if it's a good idea in about a month.

Paul
by pkcrafter
Sun Sep 25, 2016 9:29 am
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 4184

Re: Merriman knocks TSM

It is well known that Paul advocates diversification across multiple "asset classes." He considers total market in the large-cap blend category, which is quite correct. This boils down to the old tilting debate. I think this is the point. TSM holds mid and small, but because the fund is c...
by pkcrafter
Sat Sep 24, 2016 7:26 pm
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 4184

Merriman knocks TSM

Merriman knocks TSM. Is it legit? But this fund falls far short of its "total market" title. In fact, the fund gives investors only a small part of what it takes to diversify a portfolio into the best asset classes. MarketWatch http://www.marketwatch.com/story/why-vanguard-total-stock-mark...
by pkcrafter
Sat Sep 24, 2016 7:16 pm
Forum: Investing - Theory, News & General
Topic: Tool to calculate individual stock value from a fund portfolio
Replies: 3
Views: 338

Re: Tool to calculate individual stock value from a fund portfolio

What are you going to do with the information when you get it? :happy

Paul
by pkcrafter
Sat Sep 24, 2016 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Selling Class C Shares--the Reinvested Dividends, Load or no load?
Replies: 6
Views: 514

Re: Selling Class C Shares--the Reinvested Dividends, Load or no load?

There are no tax consequences if the assets are in a Roth. You sold or will sell the funds in the Roth, but maintain the cash in the Roth until you reinvest it?

Paul
by pkcrafter
Sat Sep 24, 2016 9:33 am
Forum: Investing - Help with Personal Investments
Topic: How do I put on these trades?
Replies: 15
Views: 998

Re: How do I put on these trades?

Mlle, the reason I asked my first question was because you stated you were confident, and went so far as to exclaim "there is going to be a catalyst event happening." Your reply to my question, "why wait until the stock rose 20%", was not so confident. You then said you don't kno...
by pkcrafter
Fri Sep 23, 2016 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Question about fees on my 401k statements
Replies: 2
Views: 307

Re: Question about fees on my 401k statements

I don't think there are any large 401k plans that do not employ an advisor. Most of the motivation is due to dumping fiduciary responsibility on them and taking most of it off the company.

The fees you are running into are typical. Companies do not like to reveal them.


Paul
by pkcrafter
Fri Sep 23, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to push the easy button on investements: Portfolio review
Replies: 10
Views: 1231

Re: Ready to push the easy button on investements: Portfolio review

I am sorry for your recent loss. I will offer a quick overview to get things going. Hello, I am newly widowed, and looking to simplify. I am very interested in finding tax efficient options for the taxable account. Thank you for the taking the time to review my portfolio. Here's some info on tax-ef...
by pkcrafter
Fri Sep 23, 2016 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio allocations
Replies: 2
Views: 243

Re: Help with portfolio allocations

80% russell 2000 index, 20% russell 1000 index (tried to approximate total stock market index) Typo? Please list all funds in percent of total portfolio so readers don't have to work it out. You will fund it's easier to review your holdings this way. I know 401k isn't good, but is there a match? Lis...
by pkcrafter
Fri Sep 23, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Email from Financial Advisor
Replies: 22
Views: 3436

Re: Email from Financial Advisor

The advisor is hired. I don't think he has any power over what funds are offered. You will have to work with what's available. If you want something better, you will have to talk with your company's fiduciary, if there is one.

Paul
by pkcrafter
Fri Sep 23, 2016 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Class C Shares--the Reinvested Dividends, Load or no load?
Replies: 6
Views: 514

Re: Selling Class C Shares--the Reinvested Dividends, Load or no load?

To be clear, I was addressing the fund's deferred charge of 1%, which is calculated from the total in the fund when you sell. Taxes are also a concern, especially if you've held the funds less than a year. You will get better answers if you provide type of account, fund names, amounts, and time held...
by pkcrafter
Fri Sep 23, 2016 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: How do I put on these trades?
Replies: 15
Views: 998

Re: How do I put on these trades?

Mlle, If you know the stock is going to go from $10 to $15, why would you wait 'till 12 to buy? :happy

Paul
by pkcrafter
Fri Sep 23, 2016 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Selling Class C Shares--the Reinvested Dividends, Load or no load?
Replies: 6
Views: 514

Re: Selling Class C Shares--the Reinvested Dividends, Load or no load?

The 1% fee is simply based on the total amount that is in the fund when you sell it. How long have you been it these funds?

Paul
by pkcrafter
Thu Sep 22, 2016 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Morningstar portfolio gone
Replies: 4
Views: 353

Re: Morningstar portfolio gone

Yes, I noticed that a fund's portfolio overview was really strange this morning, but checking again a little later I found things back to normal.

List of funds is still showing, but nothing else. I presume it will be fixed.

Paul
by pkcrafter
Thu Sep 22, 2016 8:59 am
Forum: Investing - Help with Personal Investments
Topic: My Asset Allocation - please help / Fidelity
Replies: 2
Views: 358

Re: My Asset Allocation - please help / Fidelity

I agree on total bond - fxnax

Total stock market already contains the market weight in small, but if you want more you can use fsevx, extended market, although it isn't tilted toward value.

Paul
by pkcrafter
Wed Sep 21, 2016 9:50 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley explains why the S&P500 wins
Replies: 13
Views: 2132

Re: Morgan Stanley explains why the S&P500 wins

Nisiprius wrote: Nah, it's more "the S&P 500 is actively managed" crapola... this has a bit of a twist to it in that it is claiming the S&P's active management gives it a boost, but that they, Morgan Stanley, know how to improve on it and boost it even further. Yeah, but where's th...
by pkcrafter
Wed Sep 21, 2016 8:22 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley explains why the S&P500 wins
Replies: 13
Views: 2132

Morgan Stanley explains why the S&P500 wins

Yep, Morgan Stanley has the answer. Funny how active managers still haven't figured it out.

http://www.bloomberg.com/news/articles/ ... his-is-why

Paul
by pkcrafter
Wed Sep 21, 2016 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Bond Question
Replies: 3
Views: 393

Re: Rebalancing Bond Question

Yes, you can do that. :thumbsup And don't forget Total market and total international are tax-efficient and can be held in taxable.

Paul
by pkcrafter
Wed Sep 21, 2016 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones exodus from American Funds?
Replies: 52
Views: 3959

Re: Edward Jones exodus from American Funds?

soboggled wrote:So what really happened to make them quit? Aside from churning, did the America Funds eliminate or reduce EJ's cut of the load?


Worse than that. I edited my post 2 up from yours to include the reason for the change.

Paul
by pkcrafter
Wed Sep 21, 2016 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones exodus from American Funds?
Replies: 52
Views: 3959

Re: Edward Jones exodus from American Funds?

Chip, what funds does your advisor intend to put you in? What is the American fund replacement? edit/added: I think I've found the answer - Bridge Builder funds. Bridge Builder is a fairly new group of funds sold through the EJ brokerage network. EJ is going to recommend their own funds so they end ...
by pkcrafter
Wed Sep 21, 2016 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Strategies to reduce illogical worries?
Replies: 36
Views: 2492

Re: Strategies to reduce illogical worries?

kosomoto, one final comment. What stands out here is your emotional comfort zone and aggressive 100% tilted equity portfolio are not compatible. I suggest you add 20-25% short term bond index or total bond. Even a small amount of bonds will diversify your portfolio and lower the risk without sacrifi...
by pkcrafter
Tue Sep 20, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Strategies to reduce illogical worries?
Replies: 36
Views: 2492

Re: Strategies to reduce illogical worries?

Thanks, but if the fundamentals of investments bother you I would recommend you don't have all you money in equity investments. You are right about volatility, it isn't the issue here, but risk is still risk. How did you eliminate non-profit companies from your S&P funds, or are they not mutual...
by pkcrafter
Tue Sep 20, 2016 6:42 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Bucket?
Replies: 87
Views: 6879

Re: Do Bogleheads Bucket?

I think buckets are just labels for doing what Bogleheads do anyway, and maybe a psychological ploy. Bogleheads retirees do not sell equities when they are down. They withdraw from non-equities, but don't bother with the term bucket. They might even buy more equity (rebalance) in down markets. Now t...
by pkcrafter
Tue Sep 20, 2016 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Strategies to reduce illogical worries?
Replies: 36
Views: 2492

Re: Strategies to reduce illogical worries?

Thanks, but if the fundamentals of investments bother you I would recommend you don't have all you money in equity investments. You are right about volatility, it isn't the issue here, but risk is still risk. How did you eliminate non-profit companies from your S&P funds, or are they not mutual ...
by pkcrafter
Tue Sep 20, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Strategies to reduce illogical worries?
Replies: 36
Views: 2492

Re: Strategies to reduce illogical worries?

kosomoto, when I asked about your asset allocation, I meant overall % stocks and % bonds/cash. That is the important allocation that controls risk.

You can see my concerns over profitability. All of my S&P funds exclude companies with negative earnings.


Really?? Now did you do that?




Paul
by pkcrafter
Tue Sep 20, 2016 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Strategies to reduce illogical worries?
Replies: 36
Views: 2492

Re: Strategies to reduce illogical worries?

kosomoto: So I have a problem when I worry about my investments. Wondering if anybody has the same issue. Of course, lots of investors worry. It's a natural trait in most individuals. So, first question, what is your current asset allocation? Then, are you diversified? It seems odd that you are worr...
by pkcrafter
Tue Sep 20, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding fees
Replies: 5
Views: 432

Re: Help understanding fees

Why are there two options labeled Option 4? 4B is clearly far better than 4A or any other option. I wonder why the other options are even listed. What type of plan is this, 401k, 457 or something else. If you opt for #4, how does HR know which option 4 you chose? Can you provide names of a few of t...
by pkcrafter
Tue Sep 20, 2016 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding fees
Replies: 5
Views: 432

Re: Help understanding fees

Why are there two options labeled Option 4? 4B is clearly far better than 4A or any other option. I wonder why the other options are even listed. What type of plan is this, 401k, 457 or something else. If you opt for #4, how does HR know which option 4 you chose? Can you provide names of a few of th...
by pkcrafter
Mon Sep 19, 2016 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to Get Mom Out of a Bad IRA
Replies: 13
Views: 1305

Re: Trying to Get Mom Out of a Bad IRA

Move the IRA to Fidelity.

Paul
by pkcrafter
Mon Sep 19, 2016 9:07 am
Forum: Investing - Theory, News & General
Topic: Small Cap Premium
Replies: 11
Views: 1523

Re: Small Cap Premium

Welcome Eric, heck of a first post!

The Q/A following the article was also interesting, and controversial.

Paul
by pkcrafter
Sun Sep 18, 2016 9:56 pm
Forum: Investing - Theory, News & General
Topic: "Some Things I Know to be True"
Replies: 7
Views: 2107

Re: "Some Things I Know to be True"

Thank you, Taylor. A very good article that should be read by all new investors.

Paul
by pkcrafter
Sun Sep 18, 2016 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]
Replies: 12
Views: 1514

Re: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]

I can't figure out why he has to pay that much in interest and use private investors if he is so successful himself. I wouldn't do it. He doesn't have to, but it's how he makes his income. The investors provide the income. The more he sells, the more he makes. Not so sure we can say that about the ...
by pkcrafter
Sun Sep 18, 2016 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: I have $3,000 to gamble
Replies: 71
Views: 7606

Re: I have $3,000 to gamble

Another option -- buy FBIOX in the Roth. It will be very volatile, but over time it will go up. Put a predetermined cap on the max percentage of equities you think you should hold and if you exceed that, transfer to a second holding in the Roth. Transfer enough so you are 10% or 20% under your targe...
by pkcrafter
Sat Sep 17, 2016 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Personal advisor services
Replies: 11
Views: 1110

Re: Personal advisor services

Redtrees, I think you would benefit from posting your portfolio and see what posters think. Here's the posting format https://www.bogleheads.org/forum/viewtopic.php?t=6212 What asset allocation do you have now? How much will you need from your retirement accounts? Vanguard's asset allocation suggest...
by pkcrafter
Sat Sep 17, 2016 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: 24 year old new dividend portfolio
Replies: 151
Views: 7100

Re: 24 year old new dividend portfolio

One more suggestion. Fill a Roth or IRA each year for motif and invest the rest in a BH style portfolio.[/quote] *Is the motif account going to be in taxable or an IRA? The first 5,500 per year will be invested directly into the ROTH IRA, Very good. Following the maxing out of the Roth IRA, all addi...
by pkcrafter
Sat Sep 17, 2016 3:27 pm
Forum: Investing - Theory, News & General
Topic: Mistakes benchmarking to the S&P500
Replies: 7
Views: 645

Re: Mistakes benchmarking to the S&P500

I think the article makes generally good points, but there's nothing in the article that anyone who's hung around Bogleheads for awhile doesn't already know. In one of my early blog posts, in February 2010, I wrote about why we should ignore daily news reports about changes in the Dow, S&P 500 ...
by pkcrafter
Sat Sep 17, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Good read on mutual fund investing needed.
Replies: 10
Views: 573

Re: Good read on mutual fund investing needed.

Can't forget this short online read as a good starter

https://www.etf.com/docs/IfYouCan.pdf

Paul
by pkcrafter
Sat Sep 17, 2016 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: No matching on Roth?
Replies: 60
Views: 2984

Re: No matching on Roth?

I'm suspecting the match was supposed to be provided, but someone saw no pretax employee contribution and therefore did not provide the match because they didn't realize a Roth contribution counts, but the match goes in the pretax side.

I think you will get it straightened out.

Paul

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