Search found 688 matches

by Whakamole
Thu Sep 20, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

Hi: 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%. Investo...
by Whakamole
Wed Sep 19, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: TSP to Increase Stock Holdings in L Funds
Replies: 39
Views: 1664

Re: TSP to Increase Stock Holdings in L Funds

This bothers me a bit. On the other hand, I've seen too many people who I think would be better suited towards target date funds - simply because they're not interested in investing, won't rebalance, etc. - who reject them because recent returns have lagged compared to the S&P 500, or any domestic e...
by Whakamole
Tue Sep 18, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: How often do cap weighted funds get adjusted?
Replies: 16
Views: 636

Re: How often do cap weighted funds get adjusted?

Also you can review the turnover % for each fund. 100% means the average asset is held 1 year. VT will be awfully close to 0%. An active trading fund could be well over 100%. The last reported turnover rate for VT (last October) was 9.9% . VTI's (US total stock) turnover rate was 3.1%. , and VXUS (...
by Whakamole
Mon Sep 17, 2018 4:19 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 53
Views: 5215

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

The Bogleheads on Investing Podcast has been approved by iTunes and will be available in a "search" over the next two days. In the meantime, here is the link: https://itunes.apple.com/us/podcast/bogleheads-on-investing-podcast/id1436401528 I use Podcast Addict and it showed up in the search using '...
by Whakamole
Mon Sep 17, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Travel credit cards
Replies: 28
Views: 2806

Re: Travel credit cards

Interesting that you mention Chip and Pin. Just got back from 12 days in France and Amsterdam. My wife was carrying a CSR with no pin and I was carrying a Barclay AA card w/chip and Pin. We used the Barclay card probably 15 times and only one time did it ask for a pin. The other 14 times they just ...
by Whakamole
Sat Sep 15, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

No, I don't think Vanguard has such expertise. And that's why Vanguard doesn't create its own indexes but relies on organizations like CRSP and FTSE that have extensive expertise. Where in the prospectus does it state that Fidelity created this index? https://www.sec.gov/Archives/edgar/data/35315/0...
by Whakamole
Fri Sep 14, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

TIAX wrote:
Fri Sep 14, 2018 9:37 pm
No, I don't think Vanguard has such expertise. And that's why Vanguard doesn't create its own indexes but relies on organizations like CRSP and FTSE that have extensive expertise.
Where in the prospectus does it state that Fidelity created this index?
by Whakamole
Fri Sep 14, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

Not sure why you want me to repeat myself but my point is that Fidelity has little to no experience constructing indexes and perhaps expertise in this area is worth something. It looks like S&P has been doing this for Fidelity's Factor ETFs already: https://customindices.spindices.com/?custom_clien...
by Whakamole
Thu Sep 13, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 977

Re: ESOP, Options, Restricted Shares holders: When do you sell?

I sell my company stocks as soon as they vest and reinvest according to my IPS. It simplifies my holdings, reduces risk, and allows me to follow the three-fund portfolio strategy. That said, I have NOT made more money following this approach as my company has done almost 2.5x better than the S&P 50...
by Whakamole
Wed Sep 12, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 208
Views: 155452

Re: [Why did my fund suddenly drop in value?]

Happy September, everyone. Distributions should start hitting next week: https://investornews.vanguard/upcoming-capital-gains-information/ Declaration dates for popular funds: September 20th: Wellesley, Wellington September 24th: S&P 500, most International funds, Extended Market, Total World Septem...
by Whakamole
Tue Sep 11, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4531

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

Low fees are great, but what's behind the curtain? Looking through Fidelity's website, low fees for the couple of ZERO funds are more than offset by extravagant fees on the other 300+ funds. And they deliberately hide some of their low cost funds. If you type in "Freedom Index 2040" (the low cost i...
by Whakamole
Mon Sep 10, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 71
Views: 5295

Re: Amazon Prime - Value?

I was Prime for years and stopped. I buy much less at Amazon now, but looking at my purchase history much of it was stuff that I really didn't need, so I'm saving money both in the Prime fee and by consuming less. Everything else I can either buy locally, buy through Amazon and have a bit more patie...
by Whakamole
Thu Sep 06, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5349

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

One question: since this is an ETF-of-ETFs, if this fund took off, could Vanguard redeem creation units and have an ETF that owns the bonds directly without it being a taxable event? I wonder if that is the reason for starting off this way - ETF-of-ETFs is going to be very cheap to run, and has the ...
by Whakamole
Tue Sep 04, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5695

Re: Selling a car to CarMax

For older cars (~13 years/150K miles), is CarMax a decent option? KBB shows the value of my car at ~$1400, and while I've never sold a cheap car, I'm wondering what the experiences are of Bogleheads who have sold a car with a low KBB on Craigslist/Autotrader/etc.
by Whakamole
Tue Sep 04, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"
Replies: 52
Views: 4879

Re: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"

I plan to put my investments into life strategy or balanced funds. One fund will help those who eventually end up helping me if I reach old age. This is what I plan to do as well. " SIMPLIFY Consolidate accounts and simplify the structure of your portfolio wherever possible, so that a trusted finan...
by Whakamole
Mon Sep 03, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Finding rental house or apartment in Redmond, WA
Replies: 3
Views: 312

Re: Finding rental house or apartment in Redmond, WA

I don't think there is a location in the greater Seattle area that does not have a pho place within ten miles.
by Whakamole
Fri Aug 31, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: How do you store financial account information with your estate plan?
Replies: 51
Views: 3201

Re: How do you store financial account information with your estate plan?

I will say having electronic access to information is invaluable to an executor. It takes a while to reconstruct a financial life and having the ability to view a history is very helpful. That was actually one of the things we did first when we realized that time was short. I'm a techie and was giv...
by Whakamole
Thu Aug 30, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1495072

Re: U.S. stocks in freefall

H-Town wrote:
Thu Aug 30, 2018 5:43 pm
Is Gold really have 7.8% annual return from 1998-2017?
It was <$300/oz in 1998 and is $1200/oz today. It was $1310 on January 1 of this year. So yeah, gold had a great run.
by Whakamole
Thu Aug 30, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: How do you store financial account information with your estate plan?
Replies: 51
Views: 3201

Re: How do you store financial account information with your estate plan?

I'm actually pondering this for me right now. My documents are in a safe in my apartment (because I knew about the issue with bank deposit boxes), but I need to update the list of assets. I'm thinking about Fidelity's Fidsafe as an option. Wouldn't Fidsafe have the same issue as the bank deposit bo...
by Whakamole
Thu Aug 30, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: How do you store financial account information with your estate plan?
Replies: 51
Views: 3201

How do you store financial account information with your estate plan?

Having helped settle an estate recently, I was fortunate in that I knew where their 401k/IRA/bank accounts were held at. They also received mostly paper statements instead of electronic for knowing who had the mortgage, etc. That isn't the case for me, and if something happened, my successor trustee...
by Whakamole
Wed Aug 29, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3229

Re: Just put $100K into TUR. Analysis inside

OP, you ever wrong? If not, you shouldn't be wasting your time on an indexing forum. Buy a yacht and enjoy your riches. :sharebeer BTW, why only $100k? Rarely. Last big call was QAT last year; I defied the embargo and was proven right. Saudi Arabia was jamming fake riyal quotes in November. You can...
by Whakamole
Wed Aug 29, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3229

Re: Just put $100K into TUR. Analysis inside

WhiteMaxima wrote:
Wed Aug 29, 2018 11:33 am
I am going to Konstantinople next week.
If you've got a date in Konstantinople, she'll be waiting in Istanbul.
by Whakamole
Mon Aug 27, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Transamerica hit by SEC penalty (model portfolios didn't work)
Replies: 6
Views: 671

Re: Transamerica hit by SEC penalty (model portfolios didn't work)

I wonder if Transamerica told customers that their models were being created by an inexperienced junior analyst when they disclosed their fee structure?
by Whakamole
Fri Aug 24, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 82
Views: 9195

Re: Call the Top!

by Whakamole
Fri Aug 24, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds
Replies: 59
Views: 6898

Re: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds

I ran the numbers using NAV at the end of day 8/23. For international, I included VFWAX (Vanguard FTSE ex-US) since it may be closer to FZILX in that it includes emerging markets but not small caps. I also included VTIAX (Vanguard Total International) for reasons I'll talk about later. 3-Aug 23-Aug ...
by Whakamole
Fri Aug 24, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds
Replies: 59
Views: 6898

Re: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds

MikeMak27 wrote:
Thu Aug 23, 2018 3:43 pm
This was a terribly misleading posts with incorrect numbers, facts, and comparisons. The mods should delete and lock this thread.
I just reported it to the mods.
by Whakamole
Thu Aug 23, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: What to do with cash in this market?
Replies: 34
Views: 3220

Re: What to do with cash in this market?

Invest it in keeping with your target portfolio allocation. Exactly what I am doing. For instance, due to the US stock market being on a tear, I am light on bonds and International. My investments are going there so that I can keep to my target %s for US stock/International stock/bonds. I've also bo...
by Whakamole
Sat Aug 18, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: S&P CIT for 1 basis point, or Total Market for 1.5 basis points?
Replies: 4
Views: 283

S&P CIT for 1 basis point, or Total Market for 1.5 basis points?

My 401k plan is through Fidelity, and includes BrokerageLink. One of our main offerings in the 401k plan proper is an S&P 500 CIT run by Vanguard, which has very low fees (1bp.) I invest with this, along with a DFA small/mid cap value fund at an 80/20 ratio to simulate total market with a small/mid ...
by Whakamole
Sat Aug 18, 2018 12:50 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

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

Forgive me for stupid question... Can you convert shares of FSTVX to FZROX without recognizing a gain/loss, similar to converting to Premium shares? No, changing share classes is not a taxable event. Exchanging shares is a sell/buy transaction that happens in a single day at both fund's closing pri...
by Whakamole
Fri Aug 17, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

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

Forgive me for stupid question... Can you convert shares of FSTVX to FZROX without recognizing a gain/loss, similar to converting to Premium shares? No, changing share classes is not a taxable event. Exchanging shares is a sell/buy transaction that happens in a single day at both fund's closing pri...
by Whakamole
Tue Aug 14, 2018 8:35 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 80037

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Well, I would say that now, but when I'd gone through a good chunk of my adult life with savings accounts in the 5-6% range and equities pumping out double-digit annual returns year after year, it seemed unreasonable to base retirement on less than 5% nominal. And now, saving more money doesn't see...
by Whakamole
Tue Aug 14, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21512

Re: "Don't Obsess About Expense Ratios"

Value is the question, I agree. If you are saving $400 and see a net return lag of $1,200 in tracking error due to inferior execution and/or index construction (a two-part question for these funds) I would consider it an inferior product and less value. It would only take a .08% tracking error to l...
by Whakamole
Tue Aug 14, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 80037

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Yes, he does, but that is for Berkshire. When he talks to the Know-Nothing Investor (his words), he simply says 10% in cash and 90% in the S&P. That is what he is doing for his wife when he dies. Would you recommend a 90% S&P 500/10% bond portfolio for the average retiree? His wife is now 72. No, b...
by Whakamole
Tue Aug 14, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 80037

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

stemikger wrote:
Tue Aug 14, 2018 12:16 pm
Yes, he does, but that is for Berkshire. When he talks to the Know-Nothing Investor (his words), he simply says 10% in cash and 90% in the S&P. That is what he is doing for his wife when he dies.
Would you recommend a 90% S&P 500/10% bond portfolio for the average retiree? His wife is now 72.
by Whakamole
Tue Aug 14, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25057

Re: Invest in Tesla?

The 8-K is quite brief : Tesla Announces Formation of Special Committee to Evaluate Potential Going Private Transaction Palo Alto, CA, August 14, 2018 -- Tesla, Inc. (the “Company”) announced today that its Board of Directors has formed a special committee comprised of three independent directors to...
by Whakamole
Mon Aug 13, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25057

Re: Invest in Tesla?

Matt Levine is out with an entire blog on this which is rather rare for him. This one will leave a mark. This has to be stock price manipulation, right? I'm also not sure how a company with millions of shareholders would be private. That sounds public to me. Otherwise other companies would just cla...
by Whakamole
Mon Aug 13, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21512

Re: "Don't Obsess About Expense Ratios"

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...
by Whakamole
Mon Aug 13, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21512

Re: "Don't Obsess About Expense Ratios"

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...
by Whakamole
Fri Aug 10, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 151
Views: 19887

Re: International stocks in free fall

vineviz wrote:
Fri Aug 10, 2018 1:45 pm
May be a good day for rebalancing?
Or tax loss harvesting... VFWAX is still the preferred TLH partner, correct?
by Whakamole
Fri Aug 10, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22417

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

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
by Whakamole
Wed Aug 08, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: Rising Vanguard exec slated to head PAS departs
Replies: 1
Views: 450

Re: Rising Vanguard exec slated to head PAS departs

Vanguard spokesperson Emily M. Farrell confirmed. Korenman “is no longer with the company.”
Hmm.
by Whakamole
Wed Aug 08, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: Two voices in my head
Replies: 36
Views: 2889

Re: Two voices in my head

Grt2bOutdoors wrote:
Wed Aug 08, 2018 4:40 pm
mega317 wrote:
Wed Aug 08, 2018 4:34 pm
TM90 wrote:
Wed Aug 08, 2018 4:18 pm
I think I'm going to wait until we have a market crash (40-50% down from top) so I can buy low and sell (hopefully) high.
Don't do this. What if the next crash is 39%?
Or 18%?
Or 90%?
by Whakamole
Wed Aug 08, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25057

Re: Invest in Tesla?

It's only distracting if the CEO spends their time talking about them and spending their energy dealing with them. All public companies have short sellers. I've worked for mostly public companies and don't remember any of the CEOs I've worked for grumbling about them. Could it be that the CEO is sp...
by Whakamole
Wed Aug 08, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25057

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 Whakamole
Wed Aug 08, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25057

Re: Invest in Tesla?

Shouldn't a CEO be more focused on building a viable long-term business than going after short sellers?
by Whakamole
Wed Aug 08, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21512

Re: "Don't Obsess About Expense Ratios"

The choices in terms of index funds are fewer at Fidelity than at Vanguard (22 versus 62 based on a quick check). For instance if you want a ex-US small cap stock index fund, Vanguard has one but not Fidelity. The number of index funds is a bit higher than 22 - Fidelity runs some of the index funds...
by Whakamole
Mon Aug 06, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

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

Costco doesn't charge zero for gasoline. Even if Fidelity does have lower actual costs (as a percentage of assets) than Vanguard, they still would have costs above zero. If multiple classes cost more due to multiple tickers, having just the one ticker should still cost something. Creating your own ...
by Whakamole
Mon Aug 06, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 13701

Re: "Age in Bonds" fails almost everyone

Since when does "diversified" mean "must hold bonds?" https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/default-investment-alternatives-under-participant-directed-individual-account-plans A QDIA may be: Life-cycle or targeted-retirement-date fund; Balanced fund...
by Whakamole
Mon Aug 06, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

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

Jim Dahle, M.D. (White Coat Investor) has a great blog post today putting all this in perspective... https://www.whitecoatinvestor.com/expense-ratios/ The article is a great synthesis of this thread. Better than this thread, more facts and no vitriol. I just read that WCI post. If by "more facts" y...
by Whakamole
Sun Aug 05, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69517

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

Not sure if this has come up earlier in this thread, but what happens to 401k accounts that use Institutional Fido index funds. Will they switch to the zero cost fund ? That could be a pretty big hit for Fido. The prospectus says that shares of the new funds are "available only to individual retail...