Search found 40 matches

by kaesler
Mon Jun 19, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Part-time computer science graduate schools in Boston area?
Replies: 26
Views: 2552

Re: Part-time computer science graduate schools in Boston area?

Some years ago I completed a masters at BU in CS. I just enrolled in the daytime classes and completed them at a part time rate. I did have the support of my employer to disappear for a few hours to attend classes every week.
by kaesler
Fri Nov 18, 2016 1:53 pm
Forum: Personal Consumer Issues
Topic: Hardwood Floor - purchasing options
Replies: 25
Views: 3505

Re: Hardwood Floor - purchasing options

I'm near Boston too and I've had very good results with a local company called Eco Options Hardwood. They have installed oak flooring and finished it in place in several areas of my house with excellent results. They are great to work with too.
by kaesler
Sat Sep 20, 2014 3:58 pm
Forum: Investing - Theory, News & General
Topic: Why are DFA Core and Vector funds so light on value exposure
Replies: 3
Views: 612

Why are DFA Core and Vector funds so light on value exposure

Was just exploring at fundfactors.com and noticed that DFA's US Core and Vector equity funds all have more size (SmB) factor exposure than value (HmL). Given that in the past the value premium has been larger and more consistent, I would have expected those Core and Vector funds to lean more towards...
by kaesler
Sun Jul 27, 2014 5:31 pm
Forum: Investing - Theory, News & General
Topic: "Why no one should use brokerage accounts" Really?
Replies: 10
Views: 1737

Re: "Why no one should use brokerage accounts" Really?

I suppose the example is fictitious. Can you provide a link to an article where this actually happened as outlined by Kotlikoff? Is he writing about the clawbacks from the Madoff victims? Or something else? Yes I think the example is fictitious. I don't know any more about this than that article I ...
by kaesler
Sun Jul 27, 2014 5:14 pm
Forum: Investing - Theory, News & General
Topic: "Why no one should use brokerage accounts" Really?
Replies: 10
Views: 1737

"Why no one should use brokerage accounts" Really?

This is rather worrying. How serious do you think this problem is with the SIPC ?

http://www.pbs.org/newshour/making-sense/one-use-brokerage-accounts/
by kaesler
Fri Apr 18, 2014 9:19 am
Forum: Personal Consumer Issues
Topic: Quicken 2014 opinions wanted
Replies: 47
Views: 3775

Re: Quicken 2014 opinions wanted

I'm a long time Quicken user and every year lately I re-evaluate it and look around for a replacement because of the stagnation in its rate of improvement. This year I upgraded to 2014 and I find the mobile app very useful. I use it on an ipad and an iPhone. For me It is the most significant improve...
by kaesler
Sun Apr 11, 2010 11:43 am
Forum: Investing - Theory, News & General
Topic: Factor exposure numbers on DFA funds available anywhere?
Replies: 4
Views: 726

LiveFreeorDie: here is an article summarizing the Fama/French model and approach.


http://www.dfaca.com/library/articles/d ... urns_2002/
by kaesler
Sun Apr 11, 2010 9:59 am
Forum: Investing - Theory, News & General
Topic: Factor exposure numbers on DFA funds available anywhere?
Replies: 4
Views: 726

It is a metric that expresses the exposure of a particular portfolio to one of the various (5) risk factors, according to the Fama/French model. See Robert T's excellent compendia for more details and references: http://www.bogleheads.org/forum/viewtopic.php?p=393216&highlight=#393216 http://www...
by kaesler
Sun Apr 11, 2010 9:43 am
Forum: Investing - Theory, News & General
Topic: Factor exposure numbers on DFA funds available anywhere?
Replies: 4
Views: 726

Factor exposure numbers on DFA funds available anywhere?

I just noticed my 401k is now offering some DFA funds. I may decide to use some but want to know the factor exposure numbers first so I can maintain my current factor exposure. I can always perform the regression but are the numbers published anywhere to save me the trouble?

--Kevin
by kaesler
Thu Jan 21, 2010 10:27 am
Forum: Personal Consumer Issues
Topic: Looking for Spanish Immersion class-where??
Replies: 38
Views: 5508

Pimsleur tapes/CDs

For learning outside of a class, say while driving, I'd recommend the Pimsleur CDs. I got a fairly good grasp of Portuguese using them in my spare time. It involved no written or book work. Just listening.
by kaesler
Thu Nov 05, 2009 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Expatriate estate planning
Replies: 0
Views: 592

Expatriate estate planning

I'm a dual citizen of USA and Australia. I am currently doing some estate planning on the assumption that I'll die here in the USA. I own some real estate in Australia that I would like to be held in trust for my infant daughter until she is an adult. Has anyone any experience with this sort of thin...
by kaesler
Mon Feb 16, 2009 2:45 pm
Forum: Investing - Theory, News & General
Topic: Source of history for FTSE Global Small Cap ex-US Index ?
Replies: 2
Views: 1219

Source of history for FTSE Global Small Cap ex-US Index ?

Does anyone know where I could find historical performance data for the FTSE Global Small Cap ex US Index. I would like to perform the regression to estimate the Fama-French factors for the soon-to-be opened Vanguard global small-cap fund. Couldn't find what I need on ftse.com.
by kaesler
Tue Dec 30, 2008 4:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer International Small-Cap Index Fund
Replies: 138
Views: 32738

Has anybody estimated the F-F size and value factor exposures for the index underlying this new fund? Or located the historic performance data that would enable such an estimate to be made?
by kaesler
Thu Dec 06, 2007 3:28 pm
Forum: Investing - Theory, News & General
Topic: Am I missing something about BRSIX?
Replies: 6
Views: 1991

How to perform regression against FF model

This is a good place to start: m Here's roughly how I go about it: I use the monthly numbers from Ken French's library at m For the mutual fund I'm investigating I download the daily total return figures fom yahoo.com/finance. I remove from the daily numbers for all but the "last day of month&q...
by kaesler
Wed Dec 05, 2007 2:35 pm
Forum: Investing - Theory, News & General
Topic: Am I missing something about BRSIX?
Replies: 6
Views: 1991

Thanks Robert

Thanks. That's what I was after. So currently we can reasonably assume a large size factor .... and long live that alpha.
by kaesler
Wed Dec 05, 2007 12:50 pm
Forum: Investing - Theory, News & General
Topic: Am I missing something about BRSIX?
Replies: 6
Views: 1991

Am I missing something about BRSIX?

Some Bogleheads here have advocated using BRSIX as a good way to gain exposure to the size premium. However when I run the FF 3 factor regression against Ken French's data from August 1999 for BRSIX I get a size factor of 0.53. I would have expected to see a higher figure for the size factor. The 0....
by kaesler
Wed Nov 14, 2007 2:39 pm
Forum: Investing - Theory, News & General
Topic: Estimating FF 3 factors for VINEX (Vang. Int'l Explorer)
Replies: 5
Views: 1866

Thanks

Russell, Nice work those applets. Thanks for your help. RobertT, Thanks for your regression results which I'll replicate later today. That looks better. I now stand a better chance than I did of achieving the value exposure I am after for my portfolio. Did that history of the VINEX fund come out of ...
by kaesler
Tue Nov 13, 2007 6:20 pm
Forum: Investing - Theory, News & General
Topic: Estimating FF 3 factors for VINEX (Vang. Int'l Explorer)
Replies: 5
Views: 1866

Estimating FF 3 factors for VINEX (Vang. Int'l Explorer)

In the presentation that RobertT referenced the other day I noticed that Vanguard's International Explorer fund is said to have a value exposure factor of -1.23. I.e. is is quite non-valuey. I'm going to run the regression myself to see what I get but meanwhile has anyone else here recently done a 3...
by kaesler
Tue Nov 13, 2007 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Computing FF 3 factors for Vanguard Emerging Markets Fund
Replies: 4
Views: 1308

Of course

Of course. That makes sense. Thanks.
by kaesler
Tue Nov 13, 2007 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Computing FF 3 factors for Vanguard Emerging Markets Fund
Replies: 4
Views: 1308

Computing FF 3 factors for Vanguard Emerging Markets Fund

I'm trying to estimate the exposure of my overall portfolio to the Fama-French 3 factors. I think I have all the pieces except for VWO, Vanguard's Emerging Markets Fund/ETF.

Does anybody already have an estimate for the factors for that fund?

--Kevin
by kaesler
Tue Aug 28, 2007 9:40 am
Forum: Investing - Theory, News & General
Topic: Estimating Fama/French factor exposure of foreign funds
Replies: 1
Views: 1225

Estimating Fama/French factor exposure of foreign funds

Any suggestions on how best to estimate Fama/French factor exposures for mutual funds investing in ex-USA asset classes such as Vanguard International Value and Vanguard International Explorer. Here's what I have in mind so far: Value factor : Use the data at Ken Frenchs' web site to perform a 2-fac...
by kaesler
Thu Aug 23, 2007 3:24 pm
Forum: Investing - Theory, News & General
Topic: Any studies of the international small-cap premium?
Replies: 13
Views: 3592

Found Sinquefield

Found it thanks: "Where Are the Gains from Intemational Diversification?"
Rex A. Sinquefield.

http://www.cfapubs.org/doi/pdf/10.2469/faj.v52.n1.1961
by kaesler
Thu Aug 23, 2007 2:33 pm
Forum: Investing - Theory, News & General
Topic: Any studies of the international small-cap premium?
Replies: 13
Views: 3592

Any studies of the international small-cap premium?

Can anyone point me to any research that indicates that the small-cap premium exists in non-USA markets? Thanks for any pointers.

--Kevin.
by kaesler
Fri Jul 27, 2007 6:55 am
Forum: Investing - Theory, News & General
Topic: Where to find US stock market dividend yield?
Replies: 2
Views: 1208

One source found

To answer my own question:

Russell.com provides the dividend yield for the Russell 3000 Index which is probably a close proxy for the total market. As of the end of June it was 1.67

See here:
http://www.russell.com/Indexes/characteristics_fact_sheets/us/Russell_3000_Index.asp
by kaesler
Fri Jul 27, 2007 6:34 am
Forum: Investing - Theory, News & General
Topic: Where to find US stock market dividend yield?
Replies: 2
Views: 1208

Where to find US stock market dividend yield?

Where might I find an estimate of the current US stock market dividend yield?

--Kevin.
by kaesler
Fri Jul 20, 2007 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds ?
Replies: 9
Views: 2586

Stable Value Funds ?

My 401k offers a stable value fund at low cost. The bonds it invests in seem to be suitably highly rated. Would it make sense to invest some of my bond allocation in this fund? I am currently splitting the bond allocation 50/50 between intermediated Treasuries and a TIPS fund. I'm not sure how to ev...
by kaesler
Mon Jun 18, 2007 11:29 am
Forum: Investing - Theory, News & General
Topic: Investing Landscape in Other Countries: are we spoiled?
Replies: 36
Views: 13472

I noticed recently that DFA has a presence in Australia and that they offer investment vehicles to Australian investors. There are lots of other details I haven't looked into about this.
by kaesler
Sat Jun 16, 2007 8:51 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1047
Views: 582174

Is enough historical data on VINEX (Vanguard Ingternational Explorer) available so that it could be added to this terrific spreadsheet?
by kaesler
Thu Jun 14, 2007 11:39 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1047
Views: 582174

Regarding OpenOffice I think I found that if I used Excel to remove the cell locking I could then use it in OpenOffice. Give that a try?
by kaesler
Sat May 19, 2007 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Game plan for those at the edge of Roth limits
Replies: 12
Views: 4267

Recharacterization with Fidelity was only a moderate hassle

I slightly overcontributed last year in my Roth at Fidelity. Recharacterizing the excess part wasn't too bad. I filled out a form and handed it in at the Fidelity service center. They did the rest. I did have to report the recharacterization on my tax return but TurboTax was ready to handle it expli...
by kaesler
Thu May 03, 2007 10:54 am
Forum: Investing - Help with Personal Investments
Topic: What funds to use for my 401k bond investments?
Replies: 2
Views: 1514

What funds to use for my 401k bond investments?

Thanks to advice here I have almost finalized my asset allocation. Now it is time to specify my bond investments within my 401k. There are a dizzying array of bond funds available to me from Fidelity, Vanguard and Pimco among others. Just narrowing down to Vanguard short and intermediate Admiral fun...
by kaesler
Mon Apr 30, 2007 2:40 pm
Forum: Investing - Theory, News & General
Topic: Question for TrevH: how do you compute the rebalancing?
Replies: 5
Views: 2031

Oops never mind.

Ignore my question. I think I see how it works now. Sorry for the noise.
by kaesler
Mon Apr 30, 2007 1:02 pm
Forum: Investing - Theory, News & General
Topic: Question for TrevH: how do you compute the rebalancing?
Replies: 5
Views: 2031

VB or an Excel function ?

Thanks Trev.

Is there a handy Excel function that helps with the rebalancing calcs or do you resort to Basic? I can't think of an Excel function that will do it but I am not an Excel expert.
by kaesler
Mon Apr 30, 2007 9:24 am
Forum: Investing - Theory, News & General
Topic: Question for TrevH: how do you compute the rebalancing?
Replies: 5
Views: 2031

Question for TrevH: how do you compute the rebalancing?

Trevh, thanks for all your informative backtest data. I was wondering how you compute rebalancing. Is it done within Excel?
by kaesler
Fri Apr 27, 2007 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Equity AA across all accounts vs, within each
Replies: 7
Views: 2147

Very helpful Laura. Thanks a lot.

(...scurries back to spreadsheet to type in Assert Allocation Version 7...)
by kaesler
Fri Apr 27, 2007 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Equity AA across all accounts vs, within each
Replies: 7
Views: 2147

Sidney,

Good point about streamlining. Yes I had in mind the full slice and dice with a separate fund for each asset class.

How would you streamline my allocation if you were my adviser?
by kaesler
Fri Apr 27, 2007 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Equity AA across all accounts vs, within each
Replies: 7
Views: 2147

Laura thanks for your advice. Here's the current allocation 401k Bonds 23% Foreign Small (VINEX) 8% Roth Bonds 5% (also serves as emergency fund) REIT (VGSIX) 8% Foreign Value (VTRIX) 8% Small Value (VISVX) 5% Taxable Large (VMCAX) 8% Large Value (VTV) 8% Small (VTMSX) 8% Small Value (VBR) 3% Foreig...
by kaesler
Fri Apr 27, 2007 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Equity AA across all accounts vs, within each
Replies: 7
Views: 2147

Equity AA across all accounts vs, within each

I am homing in on my first Boglehead style AA, assigning asset classes across 3 accounts in the most tax-efficient way as propounded often here in this forum. I have something that seems okay. Now I'm taking a step back and asking myself: perhaps I ought to simplify things in some ways and maintain ...