Search found 349 matches

by typical.investor
Mon Nov 19, 2018 6:47 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

Basically it can be summed up as: Bogleheads are hypocrites and don't practice what they preach. "Own the market" indeed. I am very sympathetic to this asssertion. I think the level-headedness of this forum is generally greater than most though. I suppose that's a silver lining. At least this place...
by typical.investor
Mon Nov 19, 2018 5:08 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

It's a red herring to think a U.S. index fund isn't already "international". Ok, ok, Boeing is international and half of the global market. Now if Russia stops exporting titanium in a trade spat, or the 737 MAX keeps nose diving of it's own accord, or the WTO rules in favor of Airbus in it's claim ...
by typical.investor
Mon Nov 19, 2018 3:55 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

Visualguy, Vanguard started its go-global push in 2014, suggesting a minimum of 20% international—but, in this white paper, observing diminishing returns after 30%. Good question, when did 40% become the de facto new normal? https://personal.vanguard.com/pdf/ISGGEB.pdf Smectym Why? diversification....
by typical.investor
Sun Nov 18, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: DFA Dimensional Fund Advisors - compared
Replies: 11
Views: 1000

Re: DFA Dimensional Fund Advisors - compared

Comparison to Schwab's Fundamental Indexes Feb 2008-Oct 2018 (since inception) CAGR: DFA 5.81% SCHWAB 6.49% https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&endDate=11%2F18%2F2018&initialAmount=10000&annualOperation=0&annua...
by typical.investor
Sun Nov 18, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: 23 Fund Managed Portfolio: Is this normal?
Replies: 13
Views: 795

Re: 23 Fund Managed Portfolio: Is this normal?

Probably best to try and understand why your sister chose to move away from the DIY model to pay this manager. She was likely shown a backtested portfolio with more large growth and less international compared to what she'd been holding, so it had better results. (but probably won't in the future) ...
by typical.investor
Sun Nov 18, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

Yet you run the risk of exposure to geopolitical risk, currency volatility, extreme interest rate risks, limited information on a foreign countries laws and regulations, decreased liquidity and so on and so on. At least with U.S. companies, which are bound to both U.S. laws and SEC regulations, you...
by typical.investor
Sun Nov 18, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: New Crossover Confusion.....
Replies: 26
Views: 2042

Re: New Crossover Confusion.....

Brokepilot wrote:
Sat Nov 17, 2018 1:29 pm

2018 CX-5 Touring with preferred package. MSRP 31000 got the price down to 28600 + Fees.
Ditch the preferred package. You don't need it for heated seats.

If you need the moonroof, go for the CX-3. Do you really need the bigger vehicle?
by typical.investor
Sun Nov 18, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Trying to create a portfolio I can manage myself
Replies: 8
Views: 1044

Re: Trying to create a portfolio I can manage myself

Dear forum members, After some research, I have come up with a possible portfolio at Schwab: Large Company Blend - 10% - SCHX Large Company Value - 10% - SCHV Small Company Blend - 10% - SCHA Small Company Value - 10% - VBR - is this available at Schwab? International Stocks - 10% - SCHF Real Estat...
by typical.investor
Sun Nov 18, 2018 5:15 am
Forum: Investing - Help with Personal Investments
Topic: Investing as Expat / Currency Exchange
Replies: 2
Views: 303

Re: Investing as Expat / Currency Exchange

Hello, I am an American expat living in Australia since 2011. I am a dual citizen of the US and Australia. Long term, we may move back to the US or stay here, or split time between the two countries. Well, having those options helps I think. If the USD is crazy high when you start retirement and yo...
by typical.investor
Wed Nov 14, 2018 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Schwab Interface/IRA question
Replies: 5
Views: 362

Re: Quick Schwab Interface/IRA question

It’s easy to sell and get cash in your account, then transfer online via money link.

You want automate the sales into cash and transfer? That I don’t know.
by typical.investor
Wed Nov 14, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: VCADX or VMLUX?
Replies: 8
Views: 682

Re: VCADX or VMLUX?

How long will you hold them for? If I recall correctly, in a continually rising environment, it's about twice the duration (2 * 5.4 years)before you are even. If it's only one or two more hikes, then it'd be before that (perhaps equal to the duration but the duration might increase as rates go up si...
by typical.investor
Wed Nov 14, 2018 6:32 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

So i did a portfolio visualize backtest with my chosen allocation of 50% US 50% ex US and set it up with monthly $1,000 additions From the start of Vanguard total international in 1996 (re balanced annually). I compared it to 100% US and 100% ex US. The results are 50/50 $709 524 US only $888,071 e...
by typical.investor
Tue Nov 13, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: online trade order limit?
Replies: 3
Views: 272

Re: online trade order limit?

Haven’t used vanguard & I stick with ETFs, not mutual funds... I’ll reply anyway since no-one else has so far... at Schwab, a single order might get auto-broken into different transactions (at potentially different prices - seems like that shouldn’t happen for a mutual fund, though...). This occurs...
by typical.investor
Tue Nov 13, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12964

Re: A reminder: Stay away from

A portfolio with balanced exposure to multiple factors (eg market, size, value, quality) instead of just one factor (market) is more diversified, not less diversified. We seem to agree on this. A portfolio that has balanced exposure to stock market characteristics, such as large and small stocks, g...
by typical.investor
Tue Nov 13, 2018 3:51 am
Forum: Investing - Help with Personal Investments
Topic: IBKR - Why Commission fees for the same UK domiciled ETF different every purchase while using same exch? Either $1 or $5
Replies: 6
Views: 496

Re: IBKR - Why Commission fees for the same UK domiciled ETF different every purchase? Either $1 or $5

Hello typicalinvestor! Thank you for your reply. Attached another screenshot, just to emphasize on the fact that I am pretty sure the $1 or $5 are the commission: https://imgur.com/a/NdwxZkF I only purchase from the LSE, the USD version only (Meaning VUSD and VWRD, and neither VUSA nor VWRL). Somet...
by typical.investor
Tue Nov 13, 2018 3:08 am
Forum: Investing - Help with Personal Investments
Topic: IBKR - Why Commission fees for the same UK domiciled ETF different every purchase while using same exch? Either $1 or $5
Replies: 6
Views: 496

Re: IBKR - Why Commission fees for the same UK domiciled ETF different every purchase? Either $1 or $5

I don't know why and this is unrelated, but why did you sell on 10.29? You bought it back a few days later? :wink: Anyway, it doesn't seem related to a monthly minimum. And it doesn't seem like the buy got split into different orders. You bought 5 shares one time and paid $5, but only $1 at others. ...
by typical.investor
Mon Nov 12, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12964

Re: A reminder: Stay away from

Look, I have no doubt that there exists a definition for "concentration" that includes "reduce in number. Such a definition (if "number" refers to the number of assets) is irrelevant to the concept of portfolio diversification because the NUMBER of stocks in a portfolio has no direct bearing on its...
by typical.investor
Mon Nov 12, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 13
Views: 945

Re: What are the upsides / downsides of these two portfolios? (European Investor)

Go for market cap weighting on the stocks. The portfolio has a lot in fixed income/safe assets which I presume will be in the spending currency.
by typical.investor
Mon Nov 12, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Expected nominal return in 80/20 stock/bond fund for next 10 years
Replies: 10
Views: 1928

Re: Expected nominal return in 80/20 stock/bond fund for next 10 years

Somewhere between better-than-nothing and less-than-hoped-for I think.

Here are some differing views . https://www.morningstar.com/articles/84 ... rns-2.html
by typical.investor
Mon Nov 12, 2018 12:23 am
Forum: Investing - Help with Personal Investments
Topic: Predecessor to DAGVX?
Replies: 3
Views: 258

Re: Predecessor to DAGVX?

Schwab shows me in their Track Back tool* when I enter DAGVX: 12/27/2002 Name/CUSIP/Symbol Change DREYFUS GROWTH & VAL (DAGVX) DAGVX 26200C205 5/20/2005 Merger DREYFUS GROWTH & VAL (DLCVX) DLCVX 26200C809 5/26/2006 Name/CUSIP/Symbol Change DREYFUS PREMIER STRA (DAGVX) DAGVX 26200C205 3/21/2007 Merge...
by typical.investor
Sun Nov 11, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: Factor Momentum (a new toy/target?)
Replies: 8
Views: 788

Re: Factor Momentum (a new toy/target?)

You’re right.

They rebalance quarterly for factor exposure back to equal weight modified by factor momentum and factor expense.
by typical.investor
Sun Nov 11, 2018 6:36 am
Forum: Investing - Theory, News & General
Topic: Factor Momentum (a new toy/target?)
Replies: 8
Views: 788

Re: Factor Momentum (a new toy/target?)

And meanwhile... https://imgur.com/oDfDpBk.png in a 2016 story referencing this paper: The Siren Song of Factor Timing Everyone seems to want to time factors. Often the first question after an initial discussion of factors is “ok, what’s the current outlook?” And the common answer, “the same as usu...
by typical.investor
Sun Nov 11, 2018 6:16 am
Forum: Investing - Theory, News & General
Topic: Factor Momentum (a new toy/target?)
Replies: 8
Views: 788

Re: Factor Momentum (a new toy/target?)

. PIMCO has RAFI funds they already include 'factor momentum" [Inception date of funds was Sept 7, 2017] See the PIMCO RAFI Dynamic Multi‑Factor ETFs For US markets: MFUS . <---ER 0.39%* For Intl Developed markets: MFDX <---ER 0.49% For EM markets: MFEM <--- ER 0.49% . I have 10% of equities in tho...
by typical.investor
Sun Nov 11, 2018 4:53 am
Forum: Investing - Theory, News & General
Topic: Factor Momentum (a new toy/target?)
Replies: 8
Views: 788

Factor Momentum (a new toy/target?)

(Note: this is not about momentum in individual stocks, but rather momentum of factors) For those keen on factor diversification, perhaps this is a new frontier. (or is it already well known and I just haven't heard about it?**). To understand we are not talking about stock momentum here, and to see...
by typical.investor
Sat Nov 10, 2018 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 13
Views: 945

Re: What are the upsides / downsides of these two portfolios? (European Investor)

A potential advantage of your 5 funder is that it's weighted more heavily to the currency I presume you'll be spending in retirement. A disadvantage of it is that it's further away from global cap weighting. In the end, the less expensive portfolio that reduces currency risk and isn't buying into a ...
by typical.investor
Sat Nov 10, 2018 2:48 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

"Risk" does not "go both ways" unless you're under the false premise that risk is volatility, a risk is about consequences and the possibility of harm. ... One could make a good call that foreign stocks having higher earnings growth, higher price multiple expansion, and still lose when converting b...
by typical.investor
Sat Nov 10, 2018 2:39 am
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12964

Re: A reminder: Stay away from AQR

Your position is that since value has additional risk, that concentrating your holdings in equities with that characteristic will diversify your portfolio. My position is that holding stocks that both have and don't have that characteristic is more diversified. The phrase "concentrating your holdin...
by typical.investor
Sat Nov 10, 2018 1:25 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 471
Views: 81241

Re: How much international stock? A suggestion.

I just ran across the below chart, and it reminded me of this thread. Apparently, holding international stocks at 20% (actually 18.3%) of total equities is the aggregate weighting of how U.S. investors hold international stocks: https://i.postimg.cc/C1C1t36w/intl.jpg That chart is misleading to me ...
by typical.investor
Fri Nov 09, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Can brokered CD be transferred
Replies: 1
Views: 290

Re: Can brokered CD be transferred

Yes, you can transfer your brokered CDs. I have done it several times. Never to Vanguard, but I don't see why it'd be any different. They are a broker who handles brokered CDs after all.
by typical.investor
Fri Nov 09, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12964

Re: A reminder: Stay away from AQR

Juicing your returns by adding more exposure to risk factors isn’t diversification in my book. Again, it's not really clear what you mean by "more exposure to risk factors" in this context. Spreading a portfolio's risk across more uncorrelated SOURCES of risk is the very definition of diversificati...
by typical.investor
Fri Nov 09, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12964

Re: A reminder: Stay away from AQR

Really? Stock market return doesn't come from stock returns? Stocks don't have risk? Interesting. I'm not sure this thread is the right place for a tutorial on the basics of multi factor asset pricing models, but a total stock market fund isn't exposed to "thousands" of independent sources of risk....
by typical.investor
Fri Nov 09, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Snowbirding in HI [Residency requirements for tax purposes]
Replies: 28
Views: 2793

Re: Snowbirding in HI

OP here (again). Just noticing nalor511's reply. Thanks for your take on my situation. Good point on "you may win, but it might cost you". A good practical consideration ;-) I think this probably means to me, stay under 200 days, and if, on occasion that is exceeded, I'd probably have a good argume...
by typical.investor
Thu Nov 08, 2018 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Snowbirding in HI [Residency requirements for tax purposes]
Replies: 28
Views: 2793

Re: Snowbirding in HI

Why the argument? If you are in Hawaii for over 200 days, you will get taxed. If less, you are not a part time resident and Hawaii only income is taxed*** ***it doesn’t apply to the OP, but if someone lived there for part of the year without having a domicile elsewhere during that time, they’d be co...
by typical.investor
Thu Nov 08, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12964

Re: A reminder: Stay away from AQR

I read an AQR paper called something like “Value momentum everywhere” and the gyst I remember is mom can help offset the value droughts.

Is AQR not using MOM, their MOM is not performing or MOM in general is suffering along with value these days?
by typical.investor
Thu Nov 08, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: USAA getting out of mutual fund biz
Replies: 33
Views: 4303

Re: USAA getting out of mutual fund biz

Their ETFs seem kinda funky... VictoryShares is a specialist ETF provider with a focus on rules-based solutions that seek to bridge the gap between active and passive. The VictoryShares ETF product line includes single- and multi-factor strategies designed to seek a variety of outcomes, including ma...
by typical.investor
Thu Nov 08, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Go it alone or stay with wealth management?
Replies: 10
Views: 1296

Re: Go it alone or stay with wealth management?

I’m starting to question the quality of their decisions, and the 1.25% fee they charge. I discovered recently a number of market linked structured notes in my account, that I’ve read are frequently a poor investment, and a way for my advisors to make money on commissions. If they aren’t going to in...
by typical.investor
Thu Nov 08, 2018 2:18 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity International Wire Currency Exchange Rates
Replies: 13
Views: 1464

Re: Fidelity International Wire Currency Exchange Rates

I have used Transferwise... (Interactive Brokers may be even cheaper, there is a thread ongoing). Got an IB link? Is it a big headache to get cheaper rates than with TW? TW is super easy. Cheers IB doesn’t look easy, and you’d need an account and there is a monthly $10 minimum fee if under $100k. h...
by typical.investor
Wed Nov 07, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: SCHB vs. SWTSX
Replies: 12
Views: 2786

Re: SCHB vs. SWTSX

I just recently reshuffled everything. I went with ETFs (SCHB and SCHF) in my taxable account, and funds (SWAGX) in my Roth IRA. The ETFs are more tax efficient, and the funds let me invest down to the penny. Why do you say SCHB is more tax efficient than SWTSX? Because SCHB is an ETF and won't iss...
by typical.investor
Wed Nov 07, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: High Yield Muni ETF (HYD)
Replies: 4
Views: 404

Re: High Yield Muni ETF (HYD)

No, I don't think moving out is wise. To make yourself feel better, tally only at your purchases (excluding distributions) and look at it that way. Those distributions are adding to the cost basis, so I bet even though it looks like you are 1% below cost, you probably actually have real returns con...
by typical.investor
Wed Nov 07, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: High Yield Muni ETF (HYD)
Replies: 4
Views: 404

Re: High Yield Muni ETF (HYD)

No, I don't think moving out is wise. To make yourself feel better, tally only at your purchases (excluding distributions) and look at it that way. Those distributions are adding to the cost basis, so I bet even though it looks like you are 1% below cost, you probably actually have real returns cons...
by typical.investor
Wed Nov 07, 2018 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead-ing with an Inherited Wells Fargo IRA
Replies: 5
Views: 530

Re: Boglehead-ing with an Inherited Wells Fargo IRA

They are, but there is a $35 transaction fee with Vanguard funds. Does dad have other investments? If so, I'd go with SVSPX SSgA S&P 500 Index Fund N Class ER 0.20% Then, hold more bonds or CDs in his other investments. Alternatively, PBDIX T. Rowe Price U.S. Bond Enhanced Index Fund ER 0.30% And h...
by typical.investor
Wed Nov 07, 2018 1:58 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead-ing with an Inherited Wells Fargo IRA
Replies: 5
Views: 530

Re: Boglehead-ing with an Inherited Wells Fargo IRA

Wells Fargo’s screener shows Vanguard Target Retirement Funds. Are these not available? If they are, I suggest one of them.
by typical.investor
Tue Nov 06, 2018 8:53 am
Forum: Investing - Help with Personal Investments
Topic: In kind transfer from schwab?
Replies: 10
Views: 619

Re: In kind transfer from schwab?

I have about 25k on a "Schwab intelligent advisor" account for almost a year now. With the market's ups and downs and comparing to other indexes like the S&P500 I can see the management of this account is very poor and I'm being charged 0.28% of the managed assets. As of Q2 2018, Schwab has the bes...
by typical.investor
Tue Nov 06, 2018 7:23 am
Forum: Investing - Help with Personal Investments
Topic: In kind transfer from schwab?
Replies: 10
Views: 619

Re: In kind transfer from schwab?

Did you compare it to something with a similar US/Intl stock/bond ratio?
by typical.investor
Mon Nov 05, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Medical Career License/Certification suggestions please
Replies: 11
Views: 1021

Re: Medical Career License/Certification suggestions please

You mentioned reactive mimics, how do you know they aren't malignant? For Japanese characters, there are many similar but slightly different characters -- so many combinations that have different reading in different contexts. He can distinguish them extremely quickly and accurately. That's the pro...
by typical.investor
Sun Nov 04, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Total cost of Vangaurd ETFs when buying from Fidelity
Replies: 25
Views: 954

Re: Total cost of Vangaurd ETFs when buying from Fidelity

You can buy ETFs that correspond to Vanguard’s low cost index ETFs at Fidelity by using the commission free iShares from BlackRock. https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/Fidelity-iShares-commission-free-ETFs.pdf ^^^^ THIS is what you should do. Stay at Fidelity. Use the...
by typical.investor
Sun Nov 04, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Total cost of Vangaurd ETFs when buying from Fidelity
Replies: 25
Views: 954

Re: Total cost of Vangaurd ETFs when buying from Fidelity

Hi dbk, I checked with Fidelity and they mentioned that once I leave US I won't be able to trade MFs, but I will be able to trade ETFs. Have you heard otherwise? I'd be interested to know of people's experience regarding this once they leave US what are the limitations they have to deal with with r...
by typical.investor
Sun Nov 04, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Total cost of Vangaurd ETFs when buying from Fidelity
Replies: 25
Views: 954

Re: Total cost of Vangaurd ETFs when buying from Fidelity

Hi dbk, I checked with Fidelity and they mentioned that once I leave US I won't be able to trade MFs, but I will be able to trade ETFs. Have you heard otherwise? I'd be interested to know of people's experience regarding this once they leave US what are the limitations they have to deal with with r...
by typical.investor
Sun Nov 04, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Total cost of Vangaurd ETFs when buying from Fidelity
Replies: 25
Views: 954

Re: Total cost of Vangaurd ETFs when buying from Fidelity

I checked with Fidelity and they mentioned that once I leave US I won't be able to trade MFs, but I will be able to trade ETFs. Have you heard otherwise? I'd be interested to know of people's experience regarding this once they leave US what are the limitations they have to deal with with respect t...
by typical.investor
Sun Nov 04, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Total cost of Vangaurd ETFs when buying from Fidelity
Replies: 25
Views: 954

Re: Total cost of Vangaurd ETFs when buying from Fidelity

Hi dbk, I checked with Fidelity and they mentioned that once I leave US I won't be able to trade MFs, but I will be able to trade ETFs. Have you heard otherwise? I'd be interested to know of people's experience regarding this once they leave US what are the limitations they have to deal with with r...