Search found 10130 matches

by pkcrafter
Tue Jul 26, 2016 12:41 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 117
Views: 5617

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

JLMA wrote: So why have any bonds AT ALL during the accumulation phase since one does not need AT THAT TIME the safety Bonds provide? Is your assumption that in the long term stocks are safe? Do you have a guarantee that all your investments and earnings will be there if you simply hold until you ar...
by pkcrafter
Mon Jul 25, 2016 3:26 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2088

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

Thanks, Todd, well done. Here's a bit more to reinforce your message: Even the years that we refer to as the “good” ones, in retrospect, test our mettle. For example, between 1950 and 2014, a span of 65 years, the S&P 500 ended the year with a gain 51 times (or in almost 80% of them). Not bad. B...
by pkcrafter
Sun Jul 24, 2016 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Mutual Funds [choosing based on past performance]
Replies: 21
Views: 1149

Re: Fidelity Mutual Funds [choosing based on past performance]

didifrance wrote: 2 years ago I asked Fidelity to take care of my Sep IRA, about 100K, and basically the return has been -0.05% Not great at all.. Well, the total market returned 0.20% in 2015 and 3.69% so far this year. So, with the costs you are paying, your return seems about right. I'm looking f...
by pkcrafter
Sun Jul 24, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Retirement Investing
Replies: 11
Views: 838

Re: Starting Retirement Investing

IFtkksx, I'm afraid I have to agree with Taylor on the TR fund. I lean toward that because it's an all-in-one fund and losses won't be singled out. Also, bro has no experience and he's not been good with money. No idea how he would handle losses or rebalance. 80% equity may be too much, or maybe he ...
by pkcrafter
Sun Jul 24, 2016 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Active/Passive Stock Intersection Value/Growth
Replies: 8
Views: 591

Re: Active/Passive Stock Intersection Value/Growth

Jerry, I noticed you are holding one tax-managed fund. Is it the only one in a taxable account? The rest are tax-advantaged?

Paul
by pkcrafter
Sun Jul 24, 2016 2:55 pm
Forum: Investing - Theory, News & General
Topic: Observation :Will the market go a lot higher ? Most probably
Replies: 11
Views: 2043

Re: Observation :Will the market go a lot higher ? Most probably

Will the market go a lot higher ? Most probably

Ok, now the question is when? :happy
by pkcrafter
Sun Jul 24, 2016 1:31 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 117
Views: 5617

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

I will be 100% stocks through accumulation. Bonds are largely fear mitigation ("sleep well at night"). The Rebalancing/dry powder benefit is destroyed by the opportunity cost of holding underperforming assets during the majority of time when stocks go up. I also plan to remain 100% stocks...
by pkcrafter
Sun Jul 24, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 8015

Re: Reliving the Nightmare of the Crisis

Thanks TimeLord and nedsaid. If we really think about it, crashes are all caused by investors selling. They are selling because they don't know what will happen or how it will turn out. They have placed their savings at risk, and suddenly they are very aware that the risk is potential loss of their ...
by pkcrafter
Sun Jul 24, 2016 11:08 am
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 8015

Re: Reliving the Nightmare of the Crisis

Carolinaman wrote: 2008 was not a normal bear market. I do not think a lot of people realize how close we came to another great depression. . No severe bear market market crash is like any other. That's why they are scary. Paul So how many severe bear markets do you count in U.S. history? I'm not s...
by pkcrafter
Sat Jul 23, 2016 10:24 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 8015

Re: Reliving the Nightmare of the Crisis

Carolinaman wrote: 2008 was not a normal bear market. I do not think a lot of people realize how close we came to another great depression. . No severe bear market market crash is like any other. That's why they are scary. It was bad but could have been a lot worse. This is precisely why stocks are ...
by pkcrafter
Sat Jul 23, 2016 10:04 pm
Forum: Investing - Theory, News & General
Topic: some thoughts from Kahneman
Replies: 6
Views: 901

Re: some thoughts from Kahneman

Thanks Larry, and thanks to posters who provided some excellent quotes. :thumbsup

Paul
by pkcrafter
Sat Jul 23, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: How to rollover my 401k from TRP to vanguard without liquidating funds?
Replies: 9
Views: 639

Re: How to rollover my 401k from TRP to vanguard without liquidating funds?

Note algorithm, if you request a check, be sure it is made out to Vanguard. If it in your name, taxes will be withheld, which you must replace. And you have 60 days to complete the transfer.

Paul
by pkcrafter
Sat Jul 23, 2016 11:22 am
Forum: Investing - Help with Personal Investments
Topic: How to rollover my 401k from TRP to vanguard without liquidating funds?
Replies: 9
Views: 639

Re: How to rollover my 401k from TRP to vanguard without liquidating funds?

Welcome to the forum. You can roll funds from a 401k to a an IRA as long as the funds are available at Vanguard. If you request it and Vanguard does not carry a few of the funds, those funds will not get transferred, but the rest will. So, be sure Vanguard carries all the funds in your 401k. You can...
by pkcrafter
Fri Jul 22, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio management fee questions,help needed
Replies: 11
Views: 491

Re: portfolio management fee questions,help needed

Im located in Montana. My father had alzheimers and was manipulated by trustee. But of course proving that is damn near impossible. But trustee has a loan from trust for over 1 million, that had no collateral and not paid off till she is 90 years old, her ex husband has a loan,and some woman ive ne...
by pkcrafter
Fri Jul 22, 2016 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Active/Passive Stock Intersection Value/Growth
Replies: 8
Views: 591

Re: Active/Passive Stock Intersection Value/Growth

I have a open ended question. When I x-ray my account I see intersections and my natural instinct is to try to minimize them. But, then I thought about the focus of the different funds that have intersecting stock holdings. I don't believe one should tweak a portfolio just to remove intersections. ...
by pkcrafter
Fri Jul 22, 2016 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio management fee questions,help needed
Replies: 11
Views: 491

Re: portfolio management fee questions,help needed

Rule 1. Never invest with a family member or a friend. A friend who works for MS may charge you 0.4%, but then there are the fund fees, which will boost total fees to 3X that 0.4%. I am going to try and contact merill lynch and some other companies to find out fees based on the size of the current p...
by pkcrafter
Fri Jul 22, 2016 9:33 am
Forum: Investing - Theory, News & General
Topic: Recession post-election?
Replies: 40
Views: 2721

Re: Recession post-election?

livesoft wrote:Stop reading such things. Instead read this:

The GREATEST economic expansion in the last 20 years will start just after the election no matter who wins. Stock market levels will double over the next 4 years.

You heard it here first!
by pkcrafter
Wed Jul 20, 2016 8:36 pm
Forum: Investing - Theory, News & General
Topic: Are you feeling uncomfortable? [with your investments]
Replies: 42
Views: 4048

Re: Are you feeling uncomfortable?

I'm keeping brokerage and stock records from 2008-2009 (managed well and even contrarian by mom) pretty much forever to remind me what to do in the calamitous seasons. This is a very good idea. Also, ask your uncomfortable question again when the market is down 10%. Bet you get very different answe...
by pkcrafter
Wed Jul 20, 2016 10:39 am
Forum: Investing - Theory, News & General
Topic: Best book explaining 4-fund UB&H factors
Replies: 6
Views: 407

Re: Best book explaining 4-fund UB&H factors

FM, I'm not sure what you are going to find in a book. The only things you really need to know are over time value has beaten growth and small has beaten large. The second thing to know is there have been many 5 year periods when the first facts have not materialized. There have also been a few 10 y...
by pkcrafter
Wed Jul 20, 2016 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity beats Vanguard in ER
Replies: 30
Views: 2711

Re: Fidelity beats Vanguard in ER

Vanguard is set up as a not-for-profit company. Fidelity is trying to stop the bleeding as investors were moving to Vanguard. Spartan was a meaningless term to new investors, so they used the same wording as Vanguard because that's what investors kept asking for--index funds. These low-cost funds at...
by pkcrafter
Tue Jul 19, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: need assist in transfer from Trans to vanuard
Replies: 2
Views: 225

Re: need assist in transfer from Trans to vanuard

Welcome hilcntry, Lots of Bogleheads share your frustration. I think the problem with customer service is Vanguard has taken in an astonishing 151 billion dollars in the past 12 month ending June 30, 2016. I agree with cfs that you should try the transfer dept directly. Another good alternative is g...
by pkcrafter
Tue Jul 19, 2016 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Questions - Need advice
Replies: 18
Views: 1313

Re: Asset Allocation Questions - Please help with getting started at Vanguard

Med4 wrote: I decided build the courage to move my assets from Merrill Lynch to vanguard, Well, it really doesn't take courage, it just takes education. :happy You are making the right move. I looked at some of your taxable funds, and I can only say your advisor is either completely incompetent or h...
by pkcrafter
Mon Jul 18, 2016 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help with elderly in laws
Replies: 4
Views: 675

Re: Help with elderly in laws

Welcome,

Please edit your post to show just fund names, tickers, % of portfolio, and total amount invested in these funds. Clear the rest.


Paul
by pkcrafter
Mon Jul 18, 2016 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help with mother's investments
Replies: 6
Views: 444

Re: Help with mother's investments

Welcome Ed, Here's a link to our suggested posting format that will get you more and better replies. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Two things pop up immediately, Does your mom has sufficient income without the 100k? Where is she getting income? A bank is a very poor c...
by pkcrafter
Mon Jul 18, 2016 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Questions - Need advice
Replies: 18
Views: 1313

Re: Asset Allocation Questions - Need advice

Welcome Hi everyone! I decided build the courage to move my assets from Merrill Lynch to vanguard, learn the principals and manage myself moving forward. Excellent! I cannot tolerate their fees and found them to be self-serving. I have read lots on this blog and would appreciate your advice for get...
by pkcrafter
Mon Jul 18, 2016 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling discouraged
Replies: 60
Views: 5831

Re: Feeling discouraged

At your age, fast accumulation is far more important than returns. A 10 year investing period is short term. Forget it and just keep pumping. What is your portfolio allocation?

Paul
by pkcrafter
Mon Jul 18, 2016 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie (55 years old) investment planning help requested
Replies: 8
Views: 722

Re: Newbie (55 years old) investment planning help requested

Staying out of bonds does not mean 100% stock. Use cash if you have to. Are you saying you are 94% stock? This is way too high for most investors, but it depends on the withdrawal rate you are going to need. As mentioned, more information will help provided better answers. You have 64% in individual...
by pkcrafter
Mon Jul 18, 2016 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help for a Naive Newer Investor
Replies: 8
Views: 606

Re: Portfolio Help for a Naive Newer Investor

You have a 457 and a 401k available, but you are using the 457, correct? What are the additional choices in the 457 and what is available in the 401k. I ask because the expenses may be less in the 401k.

Paul
by pkcrafter
Mon Jul 18, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: making VWINX (Wellesley inc) portfolio out of vanguard funds
Replies: 40
Views: 2552

Re: making VWINX (Wellesley inc) portfolio out of vanguard funds

Timon, equity income should not be in a taxable account either. I suggest tax-managed balanced (VTMFX) 50/50, and a jigger of tax-exempt intermediate or short term bond. VTMFX is not as valuey as Wellesley, but it's been a good fund. http://portfolios.morningstar.com/fund/summary?t=VTMFX&region=...
by pkcrafter
Mon Jul 18, 2016 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: cannot wrestle IRA from custodian. Help?
Replies: 33
Views: 2687

Re: cannot wrestle IRA from custodian. Help?

Transferring a 401k to an IRA without specific instructions sounds very odd to begin with. You got a notice that it was moved. Why didn't you get a notice before they moved it? '

Info on 401k removal

http://www.401khelpcenter.com/401k_educ ... 41RnzUYHIU

Paul
by pkcrafter
Mon Jul 18, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: cannot wrestle IRA from custodian. Help?
Replies: 33
Views: 2687

Re: cannot wrestle IRA from custodian. Help?

Can you please clarify this: You say this is an IRA, so why is it in the hands of a corporation? Did you select MCorp for your IRA? If they are suspect of your valid ID, send the required information via mail, not Email or fax. Make sure all docs are readable so they cannot use that as an excuse. Paul
by pkcrafter
Sun Jul 17, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Meeting w/ Mom's F.A. and prep for her retirement - Please help!
Replies: 23
Views: 2029

Re: Meeting w/ Mom's F.A. and prep for her retirement - Please help!

Do you think your mom would accept a Vanguard personal advisor? Yes, this is my thought as well. Another way is to locate a fee-only advisor near-by and suggest to mom that she (and you) visit him. Just explain the current advisor's fees are just too high and they come out of her returns. I would a...
by pkcrafter
Sun Jul 17, 2016 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Warren B.'s bet on low cost index funds....
Replies: 2
Views: 1045

Re: Warren B.'s bet on low cost index funds....

Thanks for bringing this up again. Yes, it's been around before, but I hadn't seen this remark before... Buffett: “No consultant in the world is going to tell you just buy an S&P index fund and sit for the next 50 years,” he said. “You don't get to be a consultant that way and you certainly don’...
by pkcrafter
Sun Jul 17, 2016 5:04 pm
Forum: Investing - Theory, News & General
Topic: have we reached the tipping point in the active vs. passive battle
Replies: 43
Views: 4502

Re: have we reached the tipping point in the active vs. passive battle

Back at Wells Fargo in the 1960s, Bill McQuown assembled the X-Men of quantitative finance: Harry Markowitz, Bill Sharpe, Gene Fama, Merton Miller, Myron Scholes, Fischer Black, etc. These guys had analyzed the performance of pension funds and mutual funds and they knew that active stockpicking was...
by pkcrafter
Sun Jul 17, 2016 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio / personal investment help
Replies: 5
Views: 386

Re: Portfolio / personal investment help

I agree with BolderBoy's recommendations. AA - 70/30, max. REITS are very tax inefficient, so they go in a tax-advantaged account. Recommended allocations are 10%-15% of equity. If you don't have an employee option, use TIRA. International, 20-40% of equity. I don't think using a Roth in your tax br...
by pkcrafter
Sat Jul 16, 2016 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investing down payment for car
Replies: 37
Views: 1836

Re: Investing down payment for car

Another approach: Since new car loans have very low interest rates, you could take this down payment money and invest for the long term. Then, when you get a new car, get a new car loan. This is a good idea if you can find a dealer who is offering an incentive. How many years will this loan run? If...
by pkcrafter
Sat Jul 16, 2016 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Yale's U Unconventional Portfolio
Replies: 7
Views: 922

Re: Yale's U Unconventional Portfolio

Swensen's lazy portfolio as currently shown in the Wiki. Lack_ey has pointed out the lowering of REIT. I don't think you have to be too precise on EM. A few % on any component won't change anything. https://www.bogleheads.org/wiki/Lazy_portfolios There are several lazy portfolios listed, so you can ...
by pkcrafter
Sat Jul 16, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Yale's U Unconventional Portfolio
Replies: 7
Views: 922

Re: Yale's U Unconventional Portfolio

Use Total International. It holds developed market plus emerging markets. Just not as much EM as Swensen. Do you have an EM fund? If so, cut back a bit.

Total International. Scroll down to see components.

http://portfolios.morningstar.com/fund/summary?t=VTIAX

Paul
by pkcrafter
Sat Jul 16, 2016 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Please help with asset allocation
Replies: 4
Views: 301

Re: Please help with asset allocation

Welcome, Cascade, The $2500 sounds like it is the asset-based fee since it is calculated by how much you have to manage. As for additional fees, here's what Fidelity says-- 1. The advisory fee does not cover charges resulting from trades effected with or through broker-dealers other than affiliates ...
by pkcrafter
Fri Jul 15, 2016 9:11 pm
Forum: Investing - Theory, News & General
Topic: A Tale of Two Strategies
Replies: 23
Views: 2298

Re: A Tale of Two Strategies

Your friend has an investment strategy established by a woeful lack of knowledge. I have friends the same way--high net worth people too. It seems pretty much the norm. I doubt it would do any good, but you might give him a book. Beyond that I would refrain from discussing/comparing investing strate...
by pkcrafter
Fri Jul 15, 2016 8:21 pm
Forum: Investing - Theory, News & General
Topic: have we reached the tipping point in the active vs. passive battle
Replies: 43
Views: 4502

Re: have we reached the tipping point in the active vs. passive battle

Larry wrote : The markets keep teaching us that while active management does provide for the possibility of market-beating performance, the much greater likelihood is underperformance. This is also true of a herd run on the S&P500 in my opinion. We are experiencing an S&P stampede very simil...
by pkcrafter
Fri Jul 15, 2016 7:47 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8432

Re: Fidelity lowers expense ratio of some index funds

Fredkin's paradox: "The more equally attractive two alternatives seem, the harder it can be to choose between them—no matter that, to the same degree, the choice can only matter less."[1] Thus, a decision-making agent might spend the most time on the least important decisions. https://en.w...
by pkcrafter
Fri Jul 15, 2016 6:53 pm
Forum: Investing - Theory, News & General
Topic: "Saving a Company, Building a Colossus, Preserving a Culture" by Jack Bogle
Replies: 13
Views: 1283

Re: "Saving a Company, Building a Colossus, Preserving a Culture" by Jack Bogle

Taylor, thank you for this gem, it is a unique treasure. Should be a must read for all dedicated indexers. During the past two-plus years alone, investors have entrusted an average of some 1 billion to our care on each business day Maybe this has something to do with the recent customer service? I h...
by pkcrafter
Fri Jul 15, 2016 1:36 pm
Forum: Investing - Theory, News & General
Topic: Just as hard to lose to the market as to beat it?
Replies: 53
Views: 3605

Re: Just as hard to lose to the market as to beat it?

selters, before costs 50% of investors underperform even when trying to outperform. :happy With no costs, underperforming in the long term may not be as easy as one might think. If you buy and hold what you think are losers, you could get UNlucky and beat the average! The best way to underperform is...
by pkcrafter
Fri Jul 15, 2016 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Strictly Dividend Growth Investing in 457b
Replies: 5
Views: 326

Re: Strictly Dividend Growth Investing in 457b

New poster but long time lurker, and appreciate all the info I've gotten by reading the forums throughout the years. I have a 457b plan through work which I am maxing out every year ($18,000). My investing philosophy in all my investments is simply to build a "compounding machine." While ...
by pkcrafter
Thu Jul 14, 2016 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Investment - 1st time ever
Replies: 18
Views: 1545

Re: Investment - 1st time ever

kfk, as mentioned above, VG TR2030 has over 70% in stock, which I think is way to much for someone 71 or 60 who has never held stocks. Something like TR income would be better, and it also holds TIPs. Here's a link. Just scroll down to find the composition. This fund won't be tax efficient, though. ...
by pkcrafter
Thu Jul 14, 2016 10:00 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig: Sorry, You're Just Going To Have To Save More Money
Replies: 16
Views: 3953

Re: Jason Zweig: Sorry, You're Just Going To Have To Save More Money

Thanks, a very good article. And thanks to np for putting it in perspective--"stuff happens." That term, although it sounds vague, is accurate. "Stuff" can't truly be defined, and sometimes things happen that you never dreamed might happen. What's happening now is frustrating, bu...
by pkcrafter
Wed Jul 13, 2016 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest contributions for my self-employed DB Cash Balance Plan
Replies: 1
Views: 83

Re: Where to Invest contributions for my self-employed DB Cash Balance Plan

I don't know enough about this to offer suggestions, but I'll bump you up and post this Vanguard link, which I hope is helpful.

https://institutional.vanguard.com/VGAp ... lanceplans

Paul

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