Search found 4585 matches

by triceratop
Mon Aug 13, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

There are plenty of people here that wish there was an Admiral Shares version of the TR funds. They could make their own elsewhere for less than Admiral Shares ER, so I would not know why they are just wishing. Rolling your own portfolio with mutual funds is different from TR or LS funds which requ...
by triceratop
Sun Aug 12, 2018 10:35 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I'm still working through the Hull book but I think it should be required reading, along with Larry Harris' "Trading and Exchanges" for people who think the mechanics of this stuff is interesting. I have been reading Harris' book. Highly interesting stuff! I recommend it too. Looks like I need to p...
by triceratop
Sat Aug 11, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

I am unsure why Fidelity just did not cut the expense ratio's to their existing index funds. Now anyone with capital gains may not be able to invest in the new offerings. Maybe it wasn't in their shareholders' interests. Sorry, I meant Fidelity's, not the fund's; it can be confusing with non-Vangua...
by triceratop
Sat Aug 11, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

I am unsure why Fidelity just did not cut the expense ratio's to their existing index funds. Now anyone with capital gains may not be able to invest in the new offerings. Maybe it wasn't in their shareholders' interests. Sorry, I meant Fidelity's, not the fund's; it can be confusing with non-Vangua...
by triceratop
Sat Aug 11, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

When Vanguard lowers its fee or ERs, it's because they're your buddy and looking out for you because they have your best interests at heart. If another company lowers theirs below Vanguard it's because they're trying to set a trap for you. Mwa-ha-ha. Companies trying to make a profit are inherently...
by triceratop
Fri Aug 10, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Another way to state this is that it would work well for those who wanted aggressive term and market beta exposures but don’t trust the market to accurately price long-term nominal bonds (for the usual reasons).
by triceratop
Fri Aug 10, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: I had a meeting with David Swensen tonight!
Replies: 59
Views: 9367

Re: I had a meeting with David Swensen tonight!

Bogleheads: This Topic was started about six years ago. It is interesting to see how David Swensen's Yale Unconventional Portfolio has performed compared with Allan Roth's Second Grader's Starter Three-Fund Portfolio (8/09/2018): Portfolio --------------------------------------------------- 5-Years...
by triceratop
Fri Aug 10, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 49
Views: 5952

Re: Moving from Vanguard to Fidelity

Be sure to double check your cost basis after you convert your MF to ETF shares. In fact I recommend you save a copy of your cost basis information before beginning the conversion. VBS has a horrible track record on doing this properly.
by triceratop
Fri Aug 10, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7125

Re: The Bigger Story: Fidelity Expense Ratios

What is the ticker? I can not find it in a quick internet search. I think it was a trick question; Fidelity has no such fund, showing the value Vanguard provides across the fund complex (in WCI's opinion anyway). IJS is free to trade at Fidelity, which could explain (perhaps) why they do not have t...
by triceratop
Fri Aug 10, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 7544

Re: Should I tell my family/friend that they are making a financial mistake?

On the other hand, my mom is convinced that many people forever lost their savings in 2008 even if they held their stocks and did not sell. She also thinks mutual funds are safer than stocks. But in general mutual funds *are* safer than stocks, aren't they? (Unless you have at least 500 large cap s...
by triceratop
Fri Aug 10, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7125

Re: The Bigger Story: Fidelity Expense Ratios

Nate79 wrote:
Fri Aug 10, 2018 4:22 pm
What is the ticker? I can not find it in a quick internet search.
I think it was a trick question; Fidelity has no such fund, showing the value Vanguard provides across the fund complex (in WCI's opinion anyway).
by triceratop
Fri Aug 10, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 149
Views: 18675

Re: International stocks in free fall

I bought International stocks on Tuesday as part of my monthly contribution so I look pretty dumb now. However I can always sell more bonds and buy more if they keep selling off.
by triceratop
Fri Aug 10, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds in Taxable Account - Good, Bad, or Ugly?
Replies: 4
Views: 512

Re: Muni Bonds in Taxable Account - Good, Bad, or Ugly?

I see, thank you for the clarification. If there are no transactional (tax or market impact) consequences and you can easily hold your bonds in your retirement account then sure. However, have you looked into the transaction costs of selling Muni bonds? What if you instead reinvested proceeds into b...
by triceratop
Fri Aug 10, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 16
Views: 1564

Re: WSJ: When to Pick Mutual Fund over ETF?

Bill Bernstein suggests that using bond ETFs is not recommended as ETFs lack a mutual fund's requirement to redeem shares at NAV. In a liquidity crisis, the price of Bond ETF may drop way below the price of the underlying bonds and market makers may not able to use arbitrage effectively to keep the...
by triceratop
Fri Aug 10, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Relative tax efficiency of total international funds
Replies: 13
Views: 1288

Re: Relative tax efficiency of total international funds

I expect FTIPX to be less tax efficient than either VXUS or IXUS in the future. In the past FTIPX has been more tax efficient than it should be on a forward-looking basis because ballooning assets as a newly-started fund has resulted in fund income being distributed among a broader pool of assets t...
by triceratop
Fri Aug 10, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 195
Views: 17223

Re: Vanguard to offer non-Vanguard ETFs commission-free

Whakamole wrote:
Fri Aug 10, 2018 1:14 pm
darkhorse346 wrote:
Fri Aug 10, 2018 4:47 am
August 8th?.... :shock:
Perhaps they mean August 8th using the Julian calendar - that's not for another 11 days: https://www.timeanddate.com/calendar/?country=23
A dangerous association given the history of Julius increasing the price of wheat, not decreasing it.
by triceratop
Fri Aug 10, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 16
Views: 1564

Re: WSJ: When to Pick Mutual Fund over ETF?

I get that, but I wonder if it's really a chicken-and-egg thing. Are people who buy ETFs more likely to trade anyway? I care about that relative ease when actually executing a transaction -- but nearly all of my transactions are purchases with new funds. Perhaps the real answer is "know thyself" (a...
by triceratop
Fri Aug 10, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds in Taxable Account - Good, Bad, or Ugly?
Replies: 4
Views: 512

Re: Muni Bonds in Taxable Account - Good, Bad, or Ugly?

I may be misunderstanding your post but could you clarify so I can help you better? I think you might have it backwards: you typically don't set an allocation to Munis and then decide where to best put them. Instead, you find an asset allocation and if it is needed to put bonds in your taxable accou...
by triceratop
Fri Aug 10, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7125

Re: The Bigger Story: Fidelity Expense Ratios

Don't the relative tax inefficiencies of Fidelity's funds (at least FSTVX) when compared to their most comparable Vanguard funds end up cancelling out the lower fees? I don't have total understanding of this but I thought that was the information I had seen. I could be wrong. I made a quick calcula...
by triceratop
Fri Aug 10, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 16
Views: 1564

Re: WSJ: When to Pick Mutual Fund over ETF?

Is it hubris that I never find anything of value in and often completely disagree with WSJ financial reporting? As livesoft said, nothing new to see here.
by triceratop
Thu Aug 09, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 7544

Re: Should I tell my family/friend that they are making a financial mistake?

I told my uncle he was making a mistake viz a viz state taxation/deductibility of retirement assets in Pennsylvania. He was appreciative. On the other hand, my mom is convinced that many people forever lost their savings in 2008 even if they held their stocks and did not sell. She also thinks mutual...
by triceratop
Thu Aug 09, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

As there are still some Vanguard funds with expense ratios higher than I'd like, I do like the idea of competition potentially forcing Vanguard to lower its expense ratios. Lower is better, as long as the customer service doesn't suffer too much. That’s not the demonstrated history of how Vanguard ...
by triceratop
Thu Aug 09, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

columbia wrote:
Thu Aug 09, 2018 5:35 pm
Take me through the mechanics of a 40% drop in the market. This fund performs better than Vanguard Balanced Index because ________.

(I think I know why, but would be interested in the real answer.)


Thanks
It isn't designed to perform better than the Balanced Index in this scenario.
by triceratop
Wed Aug 08, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

We sure argue a lot on the fringes around here. I don't advocate argument; I advocate understanding. Anyway, Tax efficiency is one of the 10 Boglehead principles and can make a difference (when you're young even a 10 basis point advantage is significant when compounded over a lifetime) so I don't c...
by triceratop
Wed Aug 08, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Nothing on this thread anything to do with Jack Bogle or his philosophy. Absolutely nothing. This has devolved into a Vanguard corporate blog as far as I can see. Years of "expenses matter, indexing matters" and then someone other than the Home Team delivers 2 indexes that are less expensive , and ...
by triceratop
Wed Aug 08, 2018 8:33 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Caution, Wikipedia is not an authoritative source . Let's go directly to the authoritative source: S&P 500® - S&P Dow Jones Indices and download the factsheet. There are 505 companies in the S&P 500, and they are all based in the US. Incorrect. You have to read the footnotes which refer to companie...
by triceratop
Wed Aug 08, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

The country allocation is certainly interesting: 1. United States 98.62% 2. Ireland 0.41% 3. United Kingdom 0.32% 4. Switzerland 0.24% 5. Netherlands 0.21% 6. Bermuda 0.06% 7. Israel 0.04% 8. Peru 0.04% 9. China 0.03% 10. Russia 0.03% The S&P500 is an index of large market cap companies traded on U...
by triceratop
Wed Aug 08, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

the prospectus , if I got it right... I saw that too; I think you've noticed an example of Ctrl-X Ctrl-V Risk . I mean they used another fund's prospectus as the basis for this one. ;) The relevant additional risks over a 60/40 portfolio appear to be "Market Risk", "Derivatives Risk", "Futures Cont...
by triceratop
Wed Aug 08, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

the prospectus , if I got it right... I saw that too; I think you've noticed an example of Ctrl-X Ctrl-V Risk . I mean they used another fund's prospectus as the basis for this one. ;) The relevant additional risks over a 60/40 portfolio appear to be "Market Risk", "Derivatives Risk", "Futures Cont...
by triceratop
Wed Aug 08, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

nisiprius wrote:
Wed Aug 08, 2018 7:24 pm
And this one looks like the prospectus, right?
Sure, it does seem to be titled that way in the top-right. :wink:
by triceratop
Wed Aug 08, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

nisiprius wrote:
Wed Aug 08, 2018 7:06 pm
This is weird. I thought maybe the prospectus would help me.

...
Their web page appears to have a bug, inserting a spurious and redundant port access for 443 (secure HTTP) into the middle of the URL. Sloppy!

Not to worry; here is the EDGAR link
by triceratop
Wed Aug 08, 2018 7:11 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5805

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I love seeing a five day chart with the customary disclaimer that "results are not indicative of future performance." Five days isn't indicative of future performance? Good to know. I certainly can't quarrel with that. https://imgur.com/50v9IYU.png I'm curious what you expected to see given that th...
by triceratop
Wed Aug 08, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 292
Views: 18603

Re: Invest in Tesla?

I merged alloykat's topic titled "TSLA privatization" into this one, to keep TSLA discussion contained.
by triceratop
Wed Aug 08, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 292
Views: 18603

Re: TSLA privatization

Here is the most informed analysis of the recent TSLA drama: Elon Musk Has Some Fun With Tesla by Matt Levine in Bloomberg
by triceratop
Wed Aug 08, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 292
Views: 18603

Re: Invest in Tesla?

Shouldn't a CEO be more focused on building a viable long-term business than going after short sellers? Short sellers distract the business from its long-term mission with attacks that try to push the stock price down. This could be misinformation or fake news to confuse potential buyers or sabotag...
by triceratop
Wed Aug 08, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Total Market Index Fund on Taxable Account
Replies: 19
Views: 1458

Re: Fidelity Total Market Index Fund on Taxable Account

So far I have USD 5,700 in Fidelity Total Market Index Fund (taxable account). I don't really have any complaints about it. My current plan is to invest USD 2500-USD 5,000 to this same fund in taxable account. I do have Roth-IRA and current 401K plan with Vanguard though. I have no personal prefere...
by triceratop
Wed Aug 08, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: University of California Retirement Plan Proprietary Funds
Replies: 19
Views: 2227

Re: University of California Retirement Plan Proprietary Funds

Perhaps this is worth a new thread, but I wanted to share that this week I attempted to purchase FZROX and FZILX through brokeragelink in by UCRP accounts, but Fidelity is not allowing them to be purchased any any of my three brokeragelink accounts (403b, 457b, or DCP). I contacted the UCRP office ...
by triceratop
Wed Aug 08, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

It's interesting that passiveTiger is opposed to bulk discounts as a matter of principle! Why do so many merchants offer them, but for market demand? Totally incorrect. I am definitely in favor of the share class with the greatest amount of assets (i.e., VTSAX Admiral Shares with $199.0 billion in ...
by triceratop
Wed Aug 08, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I'm not saying there aren't better options than VTSMX! You won't find me stating that. There of course are, for tax-advantaged investors. I would choose Schwab/Fidelity/iShares products over VTSMX. This all started because you claimed: But I do believe that Vanguard can lower its share class ERs and...
by triceratop
Wed Aug 08, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

It's interesting that passiveTiger is opposed to bulk discounts as a matter of principle! Why do so many merchants offer them, but for market demand? The Stacking Benjamin team also poked a few jokes at the people on the web/forums who are up in arms to support Vanguard when Fidelity is the cost lea...
by triceratop
Wed Aug 08, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

How do you know the Investor shares shareholders are subsidizing the Admiral shares investors, if you don’t know how many of each there are and the typical costs associated with each type of account? The overall ER of the Vanguard Total Stock Market Index Fund for all classes is 0.053%. Investors i...
by triceratop
Wed Aug 08, 2018 1:01 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

How do you know the Investor shares shareholders are subsidizing the Admiral shares investors, if you don’t know how many of each there are and the typical costs associated with each type of account?
by triceratop
Tue Aug 07, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

I’m afraid not. Do you have evidence for your assertion? By the way I never said they weren’t tax efficient — they are! But the question is tax efficiency relative to Vanguard. Fidelity Spartan funds regularly pay out capital gains distributions. To confirm this go to the fund page and look at the ...
by triceratop
Tue Aug 07, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Right, I saw that too but thanks for explaining it all for others. On some level we knew they were eating the costs, but it's unknown how large those costs are (except for the one listed). No fund actually costs zero, so this was never going to be at-cost. Apart from the unlikelihood that Vanguard w...
by triceratop
Tue Aug 07, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I was looking at the SEC filing on Edgar and saw how much it actually costs Fidelity for the investment advisor to run the funds. Under the terms of the sub-advisory agreements, for providing investment management services to Fidelity ZERO℠ International Index Fund and Fidelity ZERO℠ Total Market In...
by triceratop
Tue Aug 07, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: "What Fidelity's No-Cost Index Funds Mean for Investors"

What I hope it means for Vanguard...I hope they will respond by removing share classes. I have an account at Fidelity that has more than a million in it. I would love to move it to Vanguard but can’t stomach paying 14 basis points just for a total US index fund (VTSMX). Regards, John What kind of a...
by triceratop
Tue Aug 07, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Long-Term Treasury (VUSUX) beta = 3.20?
Replies: 15
Views: 1193

Re: Vanguard Long-Term Treasury (VUSUX) beta = 3.20?

It's arguably the wrong benchmark to consider, depending on what you're evaluating. If you want to look at the beta relative to the fund's benchmark, then look here: https://investor.vanguard.com/mutual-funds/profile/portfolio/vusux. It is 1.03. The aggregate bond index is different and has differen...
by triceratop
Tue Aug 07, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 619
Views: 51612

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Lot of discussion on taxes which really impact only taxable investing. For someone investing for their IRA (which should be funded before taxable) these moves put the fidelity funds as the cheaper option. Combine that with the ability to get ITOT and IXUS (both at least as tax efficient as VTI) in ...
by triceratop
Tue Aug 07, 2018 12:43 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 198
Views: 16331

Re: "Don't Obsess About Expense Ratios"

I’m afraid not. Do you have evidence for your assertion? By the way I never said they weren’t tax efficient — they are! But the question is tax efficiency relative to Vanguard. Fidelity Spartan funds regularly pay out capital gains distributions. To confirm this go to the fund page and look at the “...