Search found 46 matches

by Bodhi312
Thu Oct 03, 2019 7:07 am
Forum: Personal Investments
Topic: What is the least expensive way to get access to DFA funds?
Replies: 10
Views: 1329

Re: What is the least expensive way to get access to DFA funds?

robertmcd wrote:
Wed Oct 02, 2019 12:48 pm
ScubaHogg wrote:
Wed Oct 02, 2019 11:49 am
White Coat Investor wrote:
Sat Sep 28, 2019 10:07 pm
Utah 529. https://my529.org/

Also FPL Capital. http://www.fplcapital.com/
Does FPL charge a one time fee for ongoing access or a reoccurring? It wasn’t clear to me from their website. Thanks
FPL charges 1k a year
FPL is great. Virajith and Michael are a pleasure to work with.
by Bodhi312
Fri Aug 30, 2019 1:49 pm
Forum: Personal Investments
Topic: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?
Replies: 39
Views: 2223

Re: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?

a perfect comparison, but it does lead me to think that considering separate funds for US and ex-US might be preferable to a global fund like MGGIX. Thanks. The problem with your comparison is the inclusion of a currency hedge etf. I'm looking at the prospectus and its notes and nowhere I can find ...
by Bodhi312
Thu Aug 29, 2019 11:56 pm
Forum: Personal Investments
Topic: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?
Replies: 39
Views: 2223

Re: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?

a perfect comparison, but it does lead me to think that considering separate funds for US and ex-US might be preferable to a global fund like MGGIX. Thanks. The problem with your comparison is the inclusion of a currency hedge etf. I'm looking at the prospectus and its notes and nowhere I can find ...
by Bodhi312
Tue Aug 27, 2019 11:15 pm
Forum: Personal Investments
Topic: PIMIX, income, cash, interest rates?
Replies: 65
Views: 8517

Re: PIMIX, income, cash, interest rates?

Unfortunately not. http://www.upl.co/uploads/pimix1561156914.png How does the 2 yr, 3yr, 5yr, 10yr comparison look? Much better. This is how ppl end up holding underperforming funds for a long time. They keep moving the start point back until it fits their prior. Can’t call the end for PIMIX outper...
by Bodhi312
Sun Aug 25, 2019 11:03 am
Forum: Personal Investments
Topic: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?
Replies: 39
Views: 2223

Re: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?

Portfolio Visualizer shows statistically significant alpha (using FF5), more if I don’t use the day Dennis Lynch took over as lead manager on the fund as the start date. https://www.portfoliovisualizer.com/factor-analysis?s=y®ressionType=1&symbols=CPOAX&startDate=10%2F31%2F2002&sharedTimePeriod=t...
by Bodhi312
Sun Aug 25, 2019 1:07 am
Forum: Personal Investments
Topic: PIMIX, income, cash, interest rates?
Replies: 65
Views: 8517

Re: PIMIX, income, cash, interest rates?

Unfortunately not. http://www.upl.co/uploads/pimix1561156914.png How does the 2 yr, 3yr, 5yr, 10yr comparison look? Much better. This is how ppl end up holding underperforming funds for a long time. They keep moving the start point back until it fits their prior. Can’t call the end for PIMIX outper...
by Bodhi312
Sun Aug 25, 2019 12:58 am
Forum: Personal Investments
Topic: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?
Replies: 39
Views: 2223

Re: Is CPOAX (Morgan Stanley Insight) the best growth fund out there?

Dennis Lynch’s group at Morgan Stanley runs a number of well performing funds. They run very concentrated portfolios, so I doubt you’ll find much (intentional) closet indexing. Another member of that team running an impressive fund is Kristian Heugh (MGGIX (Morgan Stanley Growth Opportunities) and a...
by Bodhi312
Sat Aug 24, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: Pet Insurance?
Replies: 26
Views: 1429

Re: Pet Insurance?

We do not have any pets, but our son and daughter-in-law have a dog. They seem to spend a lot on vet bills. A local credit union is offering "pet insurance". I wonder if this might be worthwhile for them? How would you judge whether pet insurance makes sense? Does such "pet insurance" get discounts...
by Bodhi312
Thu Aug 15, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4632

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

There are a few plausible reasons why Fidelity and/or the Johnsons may have wanted to contribute to MIT, aside from this issue: They should not donate $5M to a lucrative customer whose executives who decide on retirement plan providers are themselves evaluated by how much $ they bring in. MIT execs...
by Bodhi312
Thu Aug 15, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4632

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

https://www.courtlistener.com/recap/gov.uscourts.mad.182647.1.0.pdf The list of funds starts on page 17. The excess fees stated in percentage terms are absurdly presented; for instance, one Vanguard index fund previously offered for 2bps was upgraded to a fund offered for 1bp (100% excess cost). Wh...
by Bodhi312
Wed Aug 14, 2019 10:51 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4632

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

Just think, if the Fidelity ZERO funds had existed, those funds could have had infinitely higher fees than others they could have chosen More to the point, the Fidelity behavior is an example of why I don’t trust that the Fidelity Zero funds are actually free. To what behavior are you referring, an...
by Bodhi312
Wed Aug 14, 2019 9:22 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4632

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

https://www.courtlistener.com/recap/gov.uscourts.mad.182647.1.0.pdf The list of funds starts on page 17. The excess fees stated in percentage terms are absurdly presented; for instance, one Vanguard index fund previously offered for 2bps was upgraded to a fund offered for 1bp (100% excess cost). Wh...
by Bodhi312
Tue Aug 13, 2019 12:20 am
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16203

Re: [Vanguard price glitches, incorrect market info for August 12, 2019]

Obviously any number that comes out of a digital computer is perfectly correct at all times and under all conditions. Round-off error is similarly impossible. If there's a glitch it must be in our collective wetware. PJW .. which is why a minimally well engineered system would block nonsense from e...
by Bodhi312
Mon Aug 12, 2019 10:25 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16203

Re: [Vanguard price glitches, incorrect market info for August 12, 2019]

Obviously any number that comes out of a digital computer is perfectly correct at all times and under all conditions. Round-off error is similarly impossible. If there's a glitch it must be in our collective wetware. PJW ..which is why a minimally well engineered system would block nonsense from es...
by Bodhi312
Mon Aug 12, 2019 7:54 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16203

Re: Missing money - Vanguard accounts

They really should put a banner on their web portal about the technical problem. Shouldn't display gibberish when it is known not to be valid. Absolutely! Not only is there a HUGE waste of time as folks start searching to see "what's happening", but there are also lots of people with less Vanguard ...
by Bodhi312
Mon Aug 12, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16203

Re: Wellesley 56.05% drop today

Technical issue, but not necessarily at Vanguard only since there are other financial sites that post the same drop. Most likely that other sites picked up the Vanguard data, however. Will make you reconsider your risk tolerance for sure. :happy Tim The prices other sites are posting for the affect...
by Bodhi312
Mon Aug 12, 2019 5:54 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16203

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

I rarely bother to look for daily updates on mutual fund NAVs this early in the evening. Usually there's just no NAV yet, not an incorrect one. Check back in a couole hours, or in the morning. If that little bit of slowness bothers you, Vangaurd may not be a good fit for you. I haven't bothered to ...
by Bodhi312
Sun Aug 04, 2019 9:56 am
Forum: Personal Investments
Topic: Can I keep my DFA funds when I fire my advisor?
Replies: 7
Views: 655

Re: Can I keep my DFA funds when I fire my advisor?

You own the shares. You may be barred from further investment in those funds (this is likely), but unless you signed something which forfeits your a right to continue ownership of those shares after severing your relationship with your advisor, you should be able to continue holding those shares (as...
by Bodhi312
Sat Mar 23, 2019 11:25 am
Forum: Investing - Theory, News & General
Topic: Long term treasuries as stock insurance
Replies: 65
Views: 4595

Re: Long term treasuries as stock insurance

Should the Fed lose their heads and jack up interest rates 1%, what do you think would happen to LT treasuries and S&P 500 ? This happened in early October 2018. LTT sold off as one would expect as expectations of rate increases grew. The relationship between LTT and global equities returned to som...
by Bodhi312
Sun Mar 03, 2019 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 127881

Re: Fidelity as a one stop shop

When a Fidelity rep told someone on this thread that Fidelity prefers not to sell "funds" to cover bill pay (and I assume ATM transactions, etc), I think the rep meant Fidelity would prefer not to sell normal mutual funds to cover the cash transactions (ie FSKAX, etc). I keep a small amount of money...
by Bodhi312
Sat Jan 19, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10105

Re: How much money does one need to setup a private S&P 500 fund?

I have such an account with Wealthfront. The other two providers that I know of offering similar services are Fidelity and Parametric. I think Parametric may have the widest offering (various indices, etc). I think Chase Private Client can also provide this service; I was told as much a few years ag...
by Bodhi312
Sat Dec 08, 2018 5:38 pm
Forum: Personal Investments
Topic: Should I replace PIMCO Income Fund with an intermediate-term Treasury fund?
Replies: 14
Views: 2083

Re: Should I replace PIMCO Income Fund with an intermediate-term Treasury fund?

If you read the monthly updates (and other materials) on PIMCO’s page (for PIMIX), you might find more information than is often touted here about this fund. The managers do seem to understand that many of their investors aren’t huge risk takers and have been moving toward a defensive allocation for...
by Bodhi312
Fri Dec 07, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1188

Re: Job search and Finance industry

Calygos, can you enable PM receipt? I received your PM.
by Bodhi312
Mon Dec 03, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1188

Re: Job search and Finance industry

You can send me a PM if you’d like. I’ve spent my entire career in this space/city.
by Bodhi312
Fri Nov 09, 2018 1:25 am
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 14857

Re: A reminder: Stay away from AQR

Cliff Asness is one of the few managers out there who seems willing to own mistakes and shortcomings. I’ve met and observed enough people at his level to know how rare that actually is. Also, he’s not the only person at AQR, nor are mutual funds their sole business. Sometimes strategies work, someti...
by Bodhi312
Sun Nov 04, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: 401(k) (like) options during garden leave (non-competition period)
Replies: 7
Views: 671

Re: 401(k) (like) options during garden leave (non-competition period)

I know I can setup a solo plan if I freelance or could take employment in a non-competitive capacity, but really I’m trying to consider benefits (and lack of benefits) in each scenarios. Part of this would determine how I can use my garden leave time in the most productive way I’m able. Interesting...
by Bodhi312
Sun Nov 04, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: 401(k) (like) options during garden leave (non-competition period)
Replies: 7
Views: 671

401(k) (like) options during garden leave (non-competition period)

I’ll be on garden leave for a period which may cover all of 2019. As I’ve understood the subject, a person can defer payments from the former employer (making salary like payments during this period) to the former employer’s 401(k) plan only if the plan allows this. In my case, my former employer’s ...
by Bodhi312
Tue Oct 02, 2018 8:38 pm
Forum: Personal Investments
Topic: AQR Through Fidelity?
Replies: 3
Views: 508

Re: AQR Through Fidelity?

Many of the AQR funds had a $2500 minimum for IRA accounts at Fidelity, which is when many people probably bought in. They’re available to some through 401(k) BrokerageLink accounts (still).
by Bodhi312
Fri Sep 21, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 90284

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

https://www.sec.gov/Archives/edgar/data/819118/000137949118004650/filing788.htm#410968989 Each Index is the property of FMRC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Indices. Interesting. Fidelity is incapable of maintaining ...
by Bodhi312
Sun Aug 26, 2018 2:17 pm
Forum: Personal Investments
Topic: TIPS Ladder in a taxable account
Replies: 7
Views: 880

Re: TIPS Ladder in a taxable account

Unfortunately, there is only one long term TIPS fund, the PIMCO 15+ Year U.S. TIPS Index ETF , and it has a 0.20% expense ratio. To avoid this expense, I'd consider buying a single long term TIPS instead. (The tax accounting wouldn't be too bad for just a single TIPS.) The 0.875% maturing in 2047 w...
by Bodhi312
Thu Aug 02, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 90284

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

Not mentioned on the news with all the hype of ZERO, Fido's now charging $49.95 per purchase of non-Fidelity MFs. It looks like there will still be a selection of $0 fee non-Fidelity MFs, but for the rest the sales fee goes from $4.95 to $49.95. For the non-BH theory investor using Fido, that will ...
by Bodhi312
Sat Jul 14, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Diversifying Through Reinsurance And Marketplace Lending Interval Funds
Replies: 50
Views: 4287

Re: Larry Swedroe: Diversifying Through Reinsurance And Marketplace Lending Interval Funds

For you guys that are worrying about adding a 2nd tier to your investment costs, there are fee-only financial advisers out there that have access to DFA and Stoneridge finds. You just have to find them. IMO Larry gives great advice, but his firm charges too much. www.fplcapital.com I’m a client of ...
by Bodhi312
Tue Jun 05, 2018 11:54 pm
Forum: Personal Investments
Topic: Should I be investing in PRIMECAP Odyssey Aggressive Growth Fund?
Replies: 39
Views: 9431

Re: Should I be investing in PRIMECAP Odyssey Aggressive Growth Fund?

I think that concentration is largely because of how much NKTR has gone up recently. The holding was closer to 4% before (if I’m remembering right), and the managers have recently sold part of the NKTR position (rebalancing!). That's what I suspected. Do you have a link by any chance stating their ...
by Bodhi312
Mon Jun 04, 2018 2:00 am
Forum: Investing - Theory, News & General
Topic: Taxable Investing if Not Worried About Capital Gains
Replies: 9
Views: 1680

Re: Taxable Investing if Not Worried About Capital Gains

Most Vanguard (US equity only) funds don’t have high high dividend distribution rates. Off the top of my head, High Dividend, Dividend Growth and Equity Income are the only three which throw off relatively large dividend distributions. I’d check the tax info on any fund before investing, though.
by Bodhi312
Mon Jun 04, 2018 12:27 am
Forum: Investing - Theory, News & General
Topic: Taxable Investing if Not Worried About Capital Gains
Replies: 9
Views: 1680

Re: Taxable Investing if Not Worried About Capital Gains

From https://www.wellsfargoadvisors.com/planning/goals/tax-center/dividend-income-tax.htm : Although dividends and long-term capital gains are taxed at the same rates, this does not mean capital losses can be used to offset dividends. However, if you have a net capital loss after offsetting all capi...
by Bodhi312
Sun Jun 03, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Taxable Investing if Not Worried About Capital Gains
Replies: 9
Views: 1680

Re: Taxable Investing if Not Worried About Capital Gains

This is more of a theory question, I hope. When investing in taxable, what changes would you make in the investments (funds types, for example) if you didn't need to worry about capital gains? My scenario: I am currently carrying a nearly 6-figure capital loss, so honestly, if my holdings kicked ou...
by Bodhi312
Sat Apr 28, 2018 12:25 pm
Forum: Personal Investments
Topic: Company has Fidelity...Is Brokeragelink good or bad?
Replies: 27
Views: 3613

Re: Company has Fidelity...Is Brokeragelink good or bad?

Your plan’s rules will dictate what you can invest in through the Brokerage window. For instance, i can’t buy etf’s in my BrokerageLink account. I personally use BrokerageLink more so than the 401(k) funds I’m offered. One thing you might check is if you can buy institutional class funds (ie a few m...
by Bodhi312
Thu Mar 01, 2018 4:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12294
Views: 2098657

Re: U.S. stocks in freefall

Wish I knew how to do a screen cap on BG forum but do a M* compare of PONDX v. VBTLX. Here it is on Portfolio Research ; blue is PONDX, red is VBTLX, and orange is VTSAX (which I threw in to allow comparison to the stock market). It's pretty apparent that PONDX has more correlation to the stock mar...
by Bodhi312
Wed Nov 08, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: DFA access
Replies: 30
Views: 4521

Re: DFA access

I’m a low touch client of FPL Capital. You’d pay a quarterly fee in their case. I’ve had only good experiences with them. They can also help you with AQR and Pimco (I believe).
by Bodhi312
Wed Jun 07, 2017 1:18 am
Forum: Personal Investments
Topic: Edward Jones, American Funds, Fiduciary Rule changes
Replies: 31
Views: 5383

Re: Edward Jones, American Funds, Fiduciary Rule changes

Fidelity offers American Funds (F1 shares - no load/no transaction fee). If you'd like to keep your shares and add or rebalance, I would think you could do a share class conversion if you move your shares in kind. I've never owned American Funds, but they've always seemed fine to me (especially with...
by Bodhi312
Tue Mar 07, 2017 1:23 am
Forum: Investing - Theory, News & General
Topic: Interesting interview with the head guy from Betterment
Replies: 19
Views: 3682

Re: Interesting interview with the head guy from Betterment

There are so many misuses terms from basic investing theory I don't really know where to start. However, I do find it funny that he crapped on Vanguard and index funds (in a round about way), while his own firm builds portfolios out of.. index tracking ETFs, which seem to come from Vanguard ( https:...
by Bodhi312
Mon Mar 06, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Have Fidelity account- adding Vanguard 3 fund plan- stay at Fidel
Replies: 35
Views: 2819

Re: Have Fidelity account- adding Vanguard 3 fund plan- stay at Fidel

we want Vanguard funds. If this is your highest priority, I think the best thing to do is join the Vanguard Personal Advisor Service (at .3% annually) and let them move all the money and set you up in a good portfolio. After seeing how it works, maybe a year or so, drop the advisory service and mai...
by Bodhi312
Sun Feb 26, 2017 4:15 pm
Forum: Personal Investments
Topic: Donating Vanguard Admiral shares to Fidelity Charitable
Replies: 11
Views: 1698

Re: Donating Vanguard Admiral shares to Fidelity Charitable

IIRC, Fidelity said that Vanguard would not allow Admiral shares to be held at Fidelity. It should be an easy phone call to Fido to get an answer. Alternatively, can you ask Vanguard to downgrade your MF from Admiral to Investor shares? I hold Vanguard admiral shares in all Fidelity accounts, bough...
by Bodhi312
Wed Feb 22, 2017 7:02 pm
Forum: Personal Investments
Topic: Vanguard versus Dimensional
Replies: 22
Views: 5089

Re: Vanguard versus Dimensional

I use both fund families (where I find value in one or the other); I manage my family's portfolios and don't use a planner. It depends on how much you want to control your portfolio; a planner with discretionary control of your portfolio certainly isn't necessary to be able to buy DFA funds, but if ...
by Bodhi312
Mon Feb 20, 2017 11:15 pm
Forum: Investing - Theory, News & General
Topic: The case against small cap value
Replies: 79
Views: 17052

Re: The case against small cap value

In APR of 2014... Here's what's missing from the thinking, By owning SV and then more high quality bonds you are able to hold less BETA risk. And because the correlation of high quality bonds to stocks tends to move in the right direction at the right time, the combination of those two cuts the lef...
by Bodhi312
Tue Feb 07, 2017 10:22 pm
Forum: Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 170
Views: 34715

Re: Wow, Vanguard Flagship service is bad. Really bad.

I hold admiral shares in my Fidelity accounts (both retirement and taxable). If you can get onto their institutional platform, you can buy them (though no Vanguard institutional shares). Since I've been able to buy admiral shares from my Fidelity accounts, I don't see why moving admiral shares in ki...