Search found 15 matches

by NEInvestor
Mon Nov 12, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Fidelity class change calculation. Numbers seem off, unless NAVs have extra decimal places.
Replies: 20
Views: 1202

Re: Fidelity class change calculation. Numbers seem off, unless NAVs have extra decimal places.

I work in fund accounting and our multi share class system always calculates 4 digit NAVs. Clients opt for 2 digit NAVs when a fund trades through the NSCC even though the 4 digit NAV is there behind the scenes. A special NAV day was probably done to be fair to all investors due to rounding. If you ...
by NEInvestor
Sun Aug 19, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10606

Re: Vanguard predicts 10 year equity returns

I 100% agree with Taylor that these predictions are often just conjecture. If you go back in time and read 10 year predictions written in 2008, would they have been this precise? I would wager a high percentage were wrong. Dollar cost averaging in a simple 3 fund portfolio smooths the ups and downs ...
by NEInvestor
Thu Aug 09, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: Fidelity announced 10-for-1 fund splits in certain mutual funds
Replies: 18
Views: 5216

Re: Fidelity announced 10-for-1 fund splits in certain mutual funds

There are always rounding issues in NAV calcs. I worked in fund valuation for a long time. Most NAVs are rounded to 2 decimals if they trade through the NSCC. If you add up the value of all the assets in a mutual fund and divide by the shares outstanding, you get the NAV which is rounded by the fund...
by NEInvestor
Mon Jul 09, 2018 9:02 pm
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 7202

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

If you are investing in real estate, there are always opportunities to find deals if that is your business. Most investors featured on the Bigger Pockets podcast over the past year have said it is much harder to find deals then a couple years ago. In Massachusetts, the entry level house in the Bosto...
by NEInvestor
Sun May 13, 2018 4:41 am
Forum: Personal Finance (Not Investing)
Topic: Ameriprise feedback needed
Replies: 9
Views: 950

Re: Ameriprise feedback needed

Agreed. It seems like an awful idea to trade a pension for an annuity.

Thanks for the feedback.
by NEInvestor
Sat May 12, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Ameriprise feedback needed
Replies: 9
Views: 950

Ameriprise feedback needed

My dad is considering an Ameriprise advisor used by my grandfather. I am trying to convince him that it is not in his best interest as EVERY product that they push is usually not the best and very expensive. The advisor is trying to move my parents cash pension into an annuity which I think makes no...
by NEInvestor
Wed Mar 07, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: How many shares of VT can I buy without affecting the price?
Replies: 20
Views: 2817

Re: How many shares of VT can I buy without affecting the price?

I was a trader for a large insurance companies equity portfolio. The Portfolio Manager almost always wanted to be less than 10% of the daily volume. There are numerous institutions that look for spikes in volume, so if you cross a large sell trade, you can force the price down and you essentially ar...
by NEInvestor
Sat Nov 04, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard ETF's VTI and VXUS
Replies: 61
Views: 6604

Re: Buying Vanguard ETF's VTI and VXUS

I would check with vanguard on reinvesting dividends. You can do it and I have, but I don’t know the feature. ETFs are portable because they are registered with a clearing agency like DTC because they can be traded on markets like the NYSE or NASDAQ depending on where they are listed. Because of thi...
by NEInvestor
Wed Nov 01, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard ETF's VTI and VXUS
Replies: 61
Views: 6604

Re: Buying Vanguard ETF's VTI and VXUS

I would stick with the ETFs if it is a taxable account. Mutual Funds have to sell assets when investors net redemptions each day exceed net subscriptions. This results in capital gains being distributed to all investors in the fund regardless of if you traded. In a taxable account, you owe tax on th...
by NEInvestor
Thu Oct 12, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 3856

Re: Boston area Relocation...major decision points

I work in the Woburn area and own in a nearby town. As a point of reference, the real estate market is extremely hot right now in most towns surrounding Woburn. Coworkers of mine have been experiencing houses being deliberately priced for multiple offers and bidding wars. I would caution reviewing l...
by NEInvestor
Sat Aug 12, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Core position in Fidelity
Replies: 24
Views: 12870

Re: Core position in Fidelity

You can open a cash manager account at Fidelity with no minimum balance. It is a bank account with a cool feature that puts your money at numerous banks so people with large balances can have FDIC insurance beyond the standard guarantee. Fidelity does all the work under the hood, but you should chec...
by NEInvestor
Sun May 21, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: Advice for Endowment Investing Allocation - 3 fund?
Replies: 10
Views: 1153

Re: Advice for Endowment Investing Allocation - 3 fund?

I am on the finance committee of my home church and we had a similar allocation decision on roughly 150k that was given to the church. I ended up recommending Vanguard Wellington as it has a solid track record of growth and providing distributions that can be used while not significantly drawing dow...
by NEInvestor
Sun May 07, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Anyone subscribe to Barron's?
Replies: 17
Views: 3462

Re: Anyone subscribe to Barron's?

Barron's can be good for identifying where not to invest. Usually by the time they write about something, the market has already moved too much for the investment to still be viable. I also usually try to think of market sectors they are not writing about and look for value there.
by NEInvestor
Fri Feb 17, 2017 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Users of Clarity Money?
Replies: 1
Views: 587

Users of Clarity Money?

I came across an article in Barron's that noted Clarity Money as a good way to track spending and potentially lower your bills through a premium service. Have any Bogleheads tried the service and have a take on the pros and cons of the free and premium services? It is being sold by as a better versi...
by NEInvestor
Sun Feb 05, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Reconsidering the value of Betterment
Replies: 11
Views: 3238

Re: Reconsidering the value of Betterment

I have been following the boggleheads for sometime, and thought this would be a good time for my first post. I recently joined Betterment 2 months ago after a robust review of robo advisors. While robos are not for everyone, I ended up picking them because of the ease of use and I liked the addition...