Search found 84 matches

by robertmcd
Fri Jun 23, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 700
Views: 289465

Re: Ultimate Buy and Hold - 8 slices vs 4

Just as an FYI about EFV's supposedly high ER, I have heard that it makes quite a bit from securities lending revenue, even though ishares only gives back 75% to fund holders. Someone else can chime in about the true cost after securities lending.
by robertmcd
Wed Jun 21, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Total Stock Market Index enough...
Replies: 22
Views: 2260

Re: Is a Total Stock Market Index enough...

There are dozens of combos like what nura posted that have outperformed TSM over 5,10,15,20,25,30 yr periods, etc. The problem is whether you can stick to your plan when it is underperforming the market. Look at vanguard's small cap value fund YTD returns vs. vanguard total stock market. Would you b...
by robertmcd
Tue Jun 20, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 4412

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Do I need to contact them to get my rate bumped since I am in the 10 day window?
by robertmcd
Tue Jun 20, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Does a tax managed fund belong in a roth acct
Replies: 8
Views: 647

Re: Does a tax managed fund belong in a roth acct

No, tax managed funds seek to minimize capital gains and/or dividends, both of which have no tax cost in an IRA. Especially do not use it if if contains municipal bonds.
by robertmcd
Tue Jun 20, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 50
Views: 5139

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

Is it possible to continue to add funds to the original CD over time?
by robertmcd
Mon Jun 05, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 vs TSM for Small cap value tilt
Replies: 40
Views: 2540

Re: S&P 500 vs TSM for Small cap value tilt

So the CRSP and S&P total market indices do not screen to eliminate the low profitability small cap growth "black hole" stocks, but their respective value and growth funds do? What I am getting at is that I am wondering if the blend indices are simply based on market cap alone. For exa...
by robertmcd
Wed May 24, 2017 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs Schwab Total Stock Market Index Fund
Replies: 29
Views: 2604

Re: VTSMX vs Schwab Total Stock Market Index Fund

I would consider Vanguard's to be better for a few reasons: I am more confident that vanguard will hold the ER at .04 or even lower it over the next 30 years than schwab. Therefore if I have capital gains and I am locked in for the rest of my life I would rather be at vanguard than schwab. Vanguard'...
by robertmcd
Tue May 16, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Small Cap + Emerging Market Fund
Replies: 5
Views: 368

Re: Small Cap + Emerging Market Fund

EWX is a good emerging markets small cap fund. High ER but the securities lending revenue brings it down quite a bit.
by robertmcd
Fri May 12, 2017 9:08 am
Forum: Investing - Theory, News & General
Topic: What are the benefits of turning-off dividend reinvestment (and capital gains too)?
Replies: 15
Views: 1942

Re: What are the benefits of turning-off dividend reinvestment (and capital gains too)?

Using dividends to rebalance into what you are currently underweight in

When selling shares, able to sell the specific lots that have the smallest amount of gains. Or sell the shares that are at a loss to tax loss harvest.
by robertmcd
Thu May 11, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Objectively critique an AXA recommended portfolio.
Replies: 16
Views: 856

Re: Objectively critique an AXA recommended portfolio.

I cannot even objectively critique this portfolio. The surrender fees alone tell the whole story about AXA. If one is willing to pay for an advisor there are some great options out there. Buckingham asset management or an advisor that is part of the BAM alliance, evanson asset management, cardiff pa...
by robertmcd
Wed May 10, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Best TDA ETF to replicate Total International Stock Fund
Replies: 9
Views: 408

Re: Best TDA ETF to replicate Total International Stock Fund

I checked and it looks like it is not on the list. In that case use approx 80% VEA and 20% VWO. Look at the emerging markets percentage in total international to rebalance according to market weight.
by robertmcd
Wed May 10, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Best TDA ETF to replicate Total International Stock Fund
Replies: 9
Views: 408

Re: Best TDA ETF to replicate Total International Stock Fund

Is VXUS not available at TD? It's the etf share class of total international stock.
by robertmcd
Wed May 10, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate-Term Treasury vs Intermediate-Term Government ?
Replies: 7
Views: 830

Re: Intermediate-Term Treasury vs Intermediate-Term Government ?

I would recommend the intermediate term treasury fund if you can meet the 50k minimum for admiral shares. I believe bond funds can benefit from active management, and I really like vanguard's low cost active bond funds. I would also consider buying 5-7 yr brokered cd's if liquidity is not an issue. ...
by robertmcd
Tue May 09, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park my fat stacks [money]?
Replies: 20
Views: 2320

Re: Where to park my fat stacks [money]?

I would definitely consider using vanguard for their excellent fixed income offerings in addition to tax efficient mutual funds. I would go with: 30% Total Stock Market and Total International split up at market weight (to rebalance I just glance at what % US the VT Vanguard total world stock curren...
by robertmcd
Wed Apr 19, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 8093

I bonds May 2017

So what is the current state of I bonds right now? Should I wait to buy my $10,000 in May? I have never used them before but I am currently putting away funds in CDs for a house downpayment in the next 2-7 years and I am wondering if they are a good deal.
by robertmcd
Mon Apr 17, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 177
Views: 17881

Re: Capital One 360 $200 bonus

If I want to close my account after I get the bonus, how do I get my 1099 from them next year for taxes?
by robertmcd
Thu Mar 23, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Blog on emerging Markets, and investors underweighting them
Replies: 103
Views: 7133

Re: Blog on emerging Markets, and investors underweighting them

I know it has not necessarily given the best returns over the past 2 years , but in looking at its performance in recent history vs other emerging markets funds, I think it is the best choice vs. EMV outside of DFA. It also has a low ER and reasonable spreads
by robertmcd
Thu Mar 23, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: International Allocation
Replies: 16
Views: 868

Re: International Allocation

I think right now at current valuations international diversification is very smart. I think anywhere from 40-60% international stock makes sense for a young investor. I can understand for near retirees that a tilt towards international could be a scary proposition. I am currently matched up my US s...
by robertmcd
Thu Mar 23, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: Why buy short-term bond funds when you can get 1% in savings acct?
Replies: 29
Views: 2914

Re: Why buy short-term bond funds when you can get 1% in savings acct?

I personally do not think there is a good reason to buy a short term bond fund, especially a treasury fund. The yield vs duration of a short term treasury fund is not near as good of a deal as a savings account with 0 duration and 1-1.25% yield. I do think 1-3 year non callable investment grade corp...
by robertmcd
Wed Mar 22, 2017 4:03 pm
Forum: Investing - Theory, News & General
Topic: Blog on emerging Markets, and investors underweighting them
Replies: 103
Views: 7133

Re: Blog on emerging Markets, and investors underweighting them

In Larry's book he recommended FNDE for Emerging Markets value. Looking at recent performance it has done very well. It has little in the way of small /mid caps though. I think a good supplement to it would be VSS or EWX. Some combos I like for international exposure: My preferred combination EFV de...
by robertmcd
Tue Mar 21, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 177
Views: 17881

Re: Capital One 360 $200 bonus

Just funded this. I would also like to know how long I need to keep it there before moving it back to ally?
by robertmcd
Mon Mar 20, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Short Vs. Intermediate Corp. Bonds
Replies: 6
Views: 701

Re: Short Vs. Intermediate Corp. Bonds

From what I have read from Larry Swedroe, there is not a good reason to use corporate bonds at all when you look at the risk/return tradeoff of them when implemented in an equity heavy portfolio. There risk shows up at the worst time, when stocks are doing poorly. As opposed to treasuries which bene...
by robertmcd
Thu Mar 16, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: ETF advice for retirement portfolio
Replies: 7
Views: 497

Re: ETF advice for retirement portfolio

Following up what livesoft said, I would start out with a three fund portfolio using vanguard etfs (VTI, VXUS, and BND). I would not recommend implementing a factor based investing plan (tilting, diversifying across asset classes, increasing efficiency, whatever you want to call it) until you have d...
by robertmcd
Thu Mar 16, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard for Short Term (3-5 yrs) Savings?
Replies: 12
Views: 1140

Re: Vanguard for Short Term (3-5 yrs) Savings?

Welcome to the forum. For money earmarked for less than 5 years, you cannot beat the principle protection and return of FDIC insured CD's. Capital One has a 2.30% 5 year CD with a 6 month early withdrawal penalty. Andrews FCU had a 7 yr 3.00% CD with a 6 month EWP that was just discontinued but they...
by robertmcd
Wed Mar 15, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund portfolio with less downside risk
Replies: 5
Views: 773

Re: 3-fund portfolio with less downside risk

If you want to maximize returns while minimizing downside risk (if you are willing to put your faith in backtesting and stay the course) you should read larry swedroe's book on reducing the risks of black swans. Something like 30% equities in small cap value, international small cap value, and emerg...
by robertmcd
Fri Mar 10, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor Wanting a Tax-Efficient Approach
Replies: 5
Views: 330

Re: New Investor Wanting a Tax-Efficient Approach

I would use the vanguard total stock market index for your roth over VFINX (TSM is sort of a free lunch over s&p 500 when it comes to efficiency and diversification). For the taxable account at schwab I would use the ETFs for greater tax efficiency. Unfortunately at schwab, the broad market etf ...
by robertmcd
Fri Mar 10, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: 28yo, New Millionaire, Advice on Wealth Management
Replies: 64
Views: 7096

Re: 28yo, New Millionaire, Advice on Wealth Management

Most people who are multi millionaires are paying absurd fees to some advisor who hangs out at the same country club. I would say about 99% of financial/investment advisors have awful performance after their fees. Look at some of the recommendations on this site. I would recommend a Buckingham asset...
by robertmcd
Fri Mar 10, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: On Buying Used Cars and Using a Financial Advisor
Replies: 51
Views: 3711

Re: On Buying Used Cars and Using a Financial Advisor

FPL capital will give you DFA and AQR access for 1k a year, you can manage all the investments yourself through their institutional platform. For large portfolios this can be a very low added expense.
by robertmcd
Thu Mar 09, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Looking for a riskier / alternative ETF for portfolio part
Replies: 6
Views: 396

Re: Looking for a riskier / alternative ETF for portfolio part

Adding 10% to a small cap value ETF would be a great way to increase your expected return and could also make your portfolio more efficient (higher Sharpe/ lower standard deviation). Keep in mind small cap value has had the best recent return of almost any asset class, and understand that this strat...
by robertmcd
Tue Mar 07, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Schwab 3-fund vs Target Date vs Intelligent Portfolio
Replies: 21
Views: 2895

Re: Schwab 3-fund vs Target Date vs Intelligent Portfolio

You won't have to pay for schwab ETF trades if you are using schwab. I would use the mutual funds in tax advantaged accounts so you can buy in exact dollar amounts and the ETFs for taxable accounts. It is probably already too late for this, but for those who want a three fund portfolio, I do not thi...
by robertmcd
Tue Feb 21, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Transfer more than 10k from chase to ally
Replies: 3
Views: 476

Transfer more than 10k from chase to ally

I am trying to transfer more than 10k from chase savings to my ally savings account. The chase limit is 10k, but I was wondering if I could initiate the transfer from ally to get around this. I am concerned that Chase will deny the transaction, as they denied my initial transactions of 10k and 5k wh...
by robertmcd
Thu Feb 09, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: VTI and VXUS: Surprised by percentage of non-qualified dividends
Replies: 2
Views: 546

Re: VTI and VXUS: Surprised by percentage of non-qualified dividends

Funds can classify 100% of dividends as qualified if they distribute at least 95% qualified dividends (basically they are allowed to round up). So in prior years VTI has distributed 95.5 or 96% qualified dividends for example, but this time they were just under that threshold.
by robertmcd
Wed Feb 08, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: Multifactor Funds Use
Replies: 13
Views: 1041

Re: Multifactor Funds Use

Thanks theoretical, I was using IJJ and IVE in that ratio, but did not start it in Jan 2006. So it looks like one could increase the IJS % to get closer to the target loadings.
by robertmcd
Wed Feb 08, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: Multifactor Funds Use
Replies: 13
Views: 1041

Re: Multifactor Funds Use

Yes MTUM is a good option for momentum, and it has 129% turnover. I just don't have confidence in my ability to stick with this fund and implement it in my portfolio without too much doubt in what I am doing. With market, size, and value, you are already covering 90% of what drives investment return...
by robertmcd
Wed Feb 08, 2017 11:39 am
Forum: Investing - Theory, News & General
Topic: Multifactor Funds Use
Replies: 13
Views: 1041

Re: Multifactor Funds Use

Yes that is correct, and could be a very good strategy. But one has to determine if it would be better to simply to get more size and value exposure by adding more SCV to ones large cap blend to achieve their desired factor loadings. iShares multifactor US large cap has a .25% expense ratio, 45% tur...
by robertmcd
Tue Feb 07, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Multifactor Funds Use
Replies: 13
Views: 1041

Re: Multifactor Funds Use

And as a better answer to your question. If you use any factor loading fund (multifactor or value or size) in combination with a fund with a neutral factor loading, you are halving your factor exposure. Say your multifactor fund has a value loading of .2, if you were to combine it with a market cap ...
by robertmcd
Tue Feb 07, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: Multifactor Funds Use
Replies: 13
Views: 1041

Re: Multifactor Funds Use

It all depends on how much you want to tilt to specific factors. My main criticism of the multi factor funds is that the ones available to common investors do not have very large factor loadings. The low AUM is also a problem, which by my requirements renders most of the ishares multifactor etfs unu...
by robertmcd
Fri Feb 03, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Update on AQR fund access
Replies: 2
Views: 505

Update on AQR fund access

Does anyone have the current status on availability of AQR funds through brokerage platforms. I have been digging around and it looks like at some point they were available at TD Ameritrade, Fidelity, and Scottrade? But I see lots of conflicting reports. I would also be interested in any updates for...
by robertmcd
Thu Feb 02, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury bond fund with 5 yr duration vs. 5 yr treasury bond
Replies: 6
Views: 557

Re: Treasury bond fund with 5 yr duration vs. 5 yr treasury bond

I understand that. I am wondering if the individual bond has a much higher duration to account for the much higher yield than the fund?
by robertmcd
Thu Feb 02, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury bond fund with 5 yr duration vs. 5 yr treasury bond
Replies: 6
Views: 557

Treasury bond fund with 5 yr duration vs. 5 yr treasury bond

I have a question about comparing an intermediate term treasury bond index with an individual treasury bond. Right now on vanguard you can buy a 5 yr treasury bond with a 2.00% yield. Vanguard's intermediate term treasury fund is currently yielding 1.7% (1.81% for the admiral shares) with a 5.3 yr d...
by robertmcd
Wed Feb 01, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Value/Growth Split Question
Replies: 18
Views: 920

Re: Value/Growth Split Question

In the simplest terms you could think of large cap blend as 50/50 growth and value. So if you evenly pair large cap blend (50% growth) with large cap growth (100% growth) you would have 75% growth and 25% value. This would be interpreted as a 50% growth tilt (you own 50% more growth than the market ...
by robertmcd
Wed Feb 01, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: PSA: IUSV Core Russell US Value ETF index change
Replies: 8
Views: 1020

Re: PSA: IUSV Core Russell US Value ETF index change

Bump for visibility.

I was hoping someone could chime in with the factor loadings for IUSV's new index? Also if anyone knows if IUSV's new index screens out negative momentum? I know IJS does.
by robertmcd
Wed Feb 01, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: PSA: IUSV Core Russell US Value ETF index change
Replies: 8
Views: 1020

Re: PSA: IUSV Core Russell US Value ETF index change

So this should give this fund a greater negative size exposure correct? But what about it's value exposure? When I run a regression in portfolio visualizer that ends in Dec 16, it has a .95 mkt, -.04 size, .38 value, and .02 mom. I am curious about this because it looked like it could be a great opt...
by robertmcd
Mon Jan 30, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help finding financial advisor for parents
Replies: 6
Views: 822

Re: Help finding financial advisor for parents

I agree that most financial advisors are sharks, like edwards jones, merill lynch, etc. This is also how I feel about their RBC accounts, who have been paying themselves by pulling money out of their IRA (I explained how awful this is when they are in such a high bracket and could just be paying out...
by robertmcd
Mon Jan 30, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help finding financial advisor for parents
Replies: 6
Views: 822

Help finding financial advisor for parents

I am looking for a financial advisor for my parents who are 56 yrs old. They currently have their 500k in IRA assets with RBC wealth management. They have about 2-3 million in cash sitting in checking accounts right now. I am not convinced that RBC is worth their fees (I think they are about 1-1.25%...
by robertmcd
Thu Jan 26, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1193

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

If you are looking for a tilt you could also consider a small cap value tilt which is very popular around here. IJS is one the best etfs for this. For emerging markets IEMG (ishares core emerging markets) is a great low cost options that includes large mid and small emerging companies.
by robertmcd
Wed Jan 25, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 113
Views: 9192

Re: Swedroe's guidelines to Bonds

Thank you larry. I plan on using 2.1% 5 yr CDs with a 3 month EWP as my 60% fixed income allocation in taxable. With my limited roth space (only tax advantaged space now) of 12k for my international value, emerging markets value, and int/em small cap. One more question though, if I am planning on bu...
by robertmcd
Wed Jan 25, 2017 4:05 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 113
Views: 9192

Re: Swedroe's guidelines to Bonds

What is larry's opinion on using vanguard inter term government bond index vs inter term treasury? the admiral shares government index is currently yielding 1.93% vs the admiral shares treasury 1.81%. Isn't the government index protected against default risk?
by robertmcd
Wed Jan 25, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Merill Edge deposit options
Replies: 2
Views: 376

Question about Merill Edge deposit options

I am considering moving from Vanguard to Merill Edge. I have about 50k in Vanguard mutual funds that I plan on converting to ETFs and then transferring. I am doing this for the bonus, the credit card benefits, and the 30 free etf trades per month. I plan on adopting a factor based investing approach...

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