Search found 23 matches

by workerbeeengineer
Thu May 18, 2017 11:49 pm
Forum: Investing - Theory, News & General
Topic: mortgage down payment levels
Replies: 7
Views: 895

mortgage down payment levels

Just read that B of A is proposing 10% (versus 20%) down payment levels. How long until we are back to no income no job no assets (NINJA) loans? Time to start shorting bank stocks?
by workerbeeengineer
Tue May 16, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: Fidelity portfolio advisory services
Replies: 25
Views: 2430

Re: Fidelity portfolio advisory services

This thread is interesting. Overall I like Fidelity. I find it interesting they never try and sell me anything or push me into anything which is in contrast to what many others apparently. That being said, Fidelity has a pretty good Four-in-one fund. It is a one fund, instant portfolio. You might w...
by workerbeeengineer
Sat May 06, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: "Hidden Costs" in ETF & Index Funds CNBC
Replies: 14
Views: 2311

Re: "Hidden Costs" in ETF & Index Funds CNBC

Older thread here, but David Winters was just on Consuelo Mack/ Wealthtrack just last night. He basically said the same things as he did last fall on CNBC. While I agree with above comments, I think he does make one or two valid points to a degree. For one, seems as though S&P 500 gains are pred...
by workerbeeengineer
Sun Apr 02, 2017 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: do you trust your 529 administrator?
Replies: 5
Views: 468

Re: do you trust your 529 administrator?

Woodlake, I agree with the other posts here. The "big guys" (Vanguard, Fidelity, T. Rowe-Price, TIAA-CREF, etc.) all offer good to great 529 plans. Suggest you start with Morningstar. They provide objective ratings for all the plans. Stick with a Gold or Silver rated plan and you should be...
by workerbeeengineer
Sun Apr 02, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Grandparent owned Merrill lynch 529-how to avoid fees?
Replies: 6
Views: 525

Re: Grandparent owned Merrill lynch 529-how to avoid fees?

Meant to answer your question - I am not aware, but not 100% certain, that having multiple accounts for a child/ future college student violates any Government rule. Just painful fee-wise :annoyed
by workerbeeengineer
Sun Apr 02, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Grandparent owned Merrill lynch 529-how to avoid fees?
Replies: 6
Views: 525

Re: Grandparent owned Merrill lynch 529-how to avoid fees?

Maine and Iowa offer ML plans. Maine does have direct offered version (no advisor) with basically reasonable underlying Blackrock/iShares portfolio ERs. Your dad must have either Maine advisor version or Iowa ML plan. Advisor is taking about 4% to hold his hand. Any chance he would be willing to tra...
by workerbeeengineer
Fri Mar 17, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 5925

Re: "Don't time the market" vs. "Buy low, sell high"

Certainly not pure BH view, but imo If we are talking about taking profit on an individual stock (your "mad money" as Jim Cramer calls it) , then hey...why not ring the register. However, for mutual funds in main or core part of a portfolio, then agree with others here on taking long view....
by workerbeeengineer
Wed Jan 11, 2017 12:35 am
Forum: Investing - Theory, News & General
Topic: Burton Malkiel says "Don't Buy Bonds"
Replies: 48
Views: 9295

Re: Burton Malkiel says "Don't Buy Bonds"

I believe Dr. Malkiel is still the Chief Investment Officer for robo advisor Wealthfront. It strikes me that he now has the challenge of an implict conflict of interest versus his previous long time gig as a Princeton University professor. Not to say that any particular view he now holds is somehow ...
by workerbeeengineer
Sun Jan 08, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity International Index Funds
Replies: 9
Views: 1192

Re: Fidelity International Index Funds

I think it must be a play on foreign to USD currency. I got around to looking at the prospectus. Found this paragraph under the Principal Investment Strategies discussion: " In addition to the principal investment strategies discussed above, Geode may also use various techniques, such as buyin...
by workerbeeengineer
Sun Jan 08, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: Fidelity International Index Funds
Replies: 9
Views: 1192

Re: Fidelity International Index Funds

retiredjg, thanks for the insight. Any thoughts on the negative US composition in FTIPX?
by workerbeeengineer
Sun Jan 08, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: Fidelity International Index Funds
Replies: 9
Views: 1192

Fidelity International Index Funds

Doing some research to diversify my portfolio with more international (ex US) exposure in Boglehead manner. Looking only at Fido Premium class index funds, so fair apples to apples comparison I believe. I observe Fido Global ex US Index (FSGDX) fund with composition as follows (%'s rounded off): Eur...
by workerbeeengineer
Sat Jan 07, 2017 10:38 am
Forum: Investing - Help with Personal Investments
Topic: 529 for family members
Replies: 4
Views: 387

Re: 529 for family members

that_guy, first - really applaud you & your wife for wanting to contribute to the education of other family members as well as your own daughter. You have a lot of 529 plan questions, most of which I don't feel qualified to even try to answer. You also have the preferences of the parents to cons...
by workerbeeengineer
Sat Jan 07, 2017 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds - ETFs - Are you ready to grumble?!
Replies: 10
Views: 956

Re: Index Funds - ETFs - Are you ready to grumble?!

Agree with ruralavalon on personal preference for traditional mutual funds. I don't worry about not being able to trade shares during the day (a feature of ETFs). When one is holding for decades, being able to trade interday is a non-issue.
by workerbeeengineer
Sun Jan 01, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Which college savings plan
Replies: 6
Views: 722

Re: Which college savings plan

Seems to me that restricting your child to a Florida only universe of colleges is a bit limiting. Also...can you really trust 18 plus years from now whatever promise is made by the Florida college/university system that the tuition is truly prepaid? I'd go with one of the 529 plans run by Vanguard. ...
by workerbeeengineer
Sun Nov 20, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Crowd Investing ?
Replies: 4
Views: 619

Re: Crowd Investing ?

Article asks if one would like to diversify into real estate by owning a piece of a mortgage or loan. Among other questions - Who does the due diligence on the creditworthiness of the borrower? Article also indicates some of the companies require accredited investors only. That would be a red flag f...
by workerbeeengineer
Tue Nov 15, 2016 8:44 am
Forum: Investing - Help with Personal Investments
Topic: New investor advise
Replies: 5
Views: 794

Re: New investor advise

FSELX is Fidelity Select Semiconductors and as of Oct 31 was showing 24% gains YTD. Expense Ratio is currently 0.77% with ER cap of 1.15%. FSMEX is Fidelity Select Medical Equipment & Systems and as of Oct 31 is up 9% YTD. ER is 0.76% with ER cap of 1.15%. Performance is certainly appealing :mon...
by workerbeeengineer
Sun Nov 06, 2016 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Young dad needs help with retirment planing
Replies: 16
Views: 3040

Re: Young dad needs help with retirment planing

Overcomer, as someone here commented, you absolutely need Life Insurance. Simple term policies are reasonably priced. Stay the heck away away from whole life however...just a term life policy. You also need to seriously think about disability insurance. Being in construction, you have a higher risk ...
by workerbeeengineer
Fri Oct 28, 2016 12:17 am
Forum: Investing - Theory, News & General
Topic: Why Doesn't the DOL Understan the Term "Fiduciary"?
Replies: 21
Views: 2484

Re: Why Doesn't the DOL Understan the Term "Fiduciary"?

Let's see....I have say an even $1 million in an IRA. For better or worse, I am a buy & hold investor and trade stocks once, maybe twice a year. When I do trade, it's maybe $10K in value. If I pay a flat rate commission of $7.95 (say IRA is at Fidelity), then I probably generate less than $20 a ...
by workerbeeengineer
Tue Oct 25, 2016 10:11 pm
Forum: Investing - Theory, News & General
Topic: "Morningstar Names Best 529 College-Savings Plans for 2016"
Replies: 5
Views: 1206

Re: "Morningstar Names Best 529 College-Savings Plans for 2016"

We have been happy with Vanguard Nevada plan for years now.
by workerbeeengineer
Tue Oct 25, 2016 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: 403b fees-what is reasonable?
Replies: 19
Views: 1927

Re: 403b fees-what is reasonable?

Fortunate enough to have great choices for my 403b (Vanguard, Fidelity, etc.). I'm with Vanguard. Goodly number of their mutual funds available in our plan.
by workerbeeengineer
Sun Sep 11, 2016 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Advisory rollover IRA
Replies: 2
Views: 373

Fidelity Advisory rollover IRA

Family member in Seattle just called seeking advice. She rolled over a 401K two years to Fidelity. I had advised at the time that she put everything into three or four Spartan index funds. She somehow ended up instead with managed funds and one of the Fidelity Advisory/ managed accounts for her roll...
by workerbeeengineer
Sat Jun 04, 2016 10:57 pm
Forum: Investing - Theory, News & General
Topic: Utility Stocks - Why doing so well?
Replies: 21
Views: 2823

Re: Utility Stocks - Why doing so well?

Benjamin Graham speaks to public utilities as a "solution" for the defensive investor in his timeless classic, The Intelligent Investor. I believe that most of what he wrote then is still relevant today. Mostly, high dividends with not too much risk. Of course, he could not foresee homeown...
by workerbeeengineer
Thu Jun 02, 2016 12:30 am
Forum: Investing - Theory, News & General
Topic: New "Flagship Select" level at Vanguard
Replies: 46
Views: 12818

Re: New "Flagship Select" level at Vanguard

What is this? Is Vanguard trying to attract very high net worth individuals? Why? I'd much rather see them spending more time trying to run their basic business correctly for their average customers. If they continue to mess up transfers and other common requests they may begin to see those custome...

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