Search found 28 matches

by Daitokuji
Thu Feb 07, 2019 5:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard SEC filings drop ‘at-cost,’ ‘no profit’ claims
Replies: 11
Views: 1226

Re: Vanguard SEC filings drop ‘at-cost,’ ‘no profit’ claims

Sounds like they are just clarifying the language for compliance purposes. I don't see this as the first step in Vanguard changing its business philosophy.
by Daitokuji
Mon Jan 14, 2019 1:46 am
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 9750

Re: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]

Someone on Reddit who claims to be an ex-employee of Vanguard says the real reason they're doing this is because the people who were using these ended up being high volume customers and their system cannot handle more than 10k trades per year per account. Any more than 10k and their employees have t...
by Daitokuji
Mon Dec 31, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: International Funds Still Relevant in a Simple Portfolio?
Replies: 74
Views: 5368

Re: International Funds Still Relevant in a Simple Portfolio?

I am at 60/40 US:International. Holding the course.
by Daitokuji
Wed Dec 26, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Preparing for the bounce
Replies: 60
Views: 9238

Re: Preparing for the bounce

If it's a dead cat bounce, you sell. If it's a legitimate move upward, you buy. Stocks are EZ
by Daitokuji
Wed Dec 26, 2018 6:41 pm
Forum: Personal Investments
Topic: This is why you should not time the market
Replies: 38
Views: 6079

Re: This is why you should not time the market

Today is proof of why you need a time machine so you know exactly which days the market will go up, which it will go down and then you can trade accordingly.

Great scott!
by Daitokuji
Fri Dec 21, 2018 2:26 pm
Forum: Personal Investments
Topic: For a long term buy and hold portfolio, should I just go with BND for my bonds?
Replies: 7
Views: 674

Re: For a long term buy and hold portfolio, should I just go with BND for my bonds?

My conclusion is that long-term investors are best served by holding bonds that match their investment horizon (i.e. long-term bonds). I've further concluded that stocks contain sufficient exposure to corporate profitability and health as to render corporate bonds largely unnecessary. Therefore, I ...
by Daitokuji
Fri Dec 21, 2018 12:05 pm
Forum: Personal Investments
Topic: For a long term buy and hold portfolio, should I just go with BND for my bonds?
Replies: 7
Views: 674

For a long term buy and hold portfolio, should I just go with BND for my bonds?

Checking out Vanguard's bond offerings they have short term, medium term and long term bonds for both corporate and government. Is there any reason to buy anything other than just BND (and maybe BNDX for international) instead of picking and choosing which of those other bond funds to go for? What a...
by Daitokuji
Mon Dec 17, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: Gundlach says passive investing has reached 'mania' status and says investors should avoid index funds
Replies: 52
Views: 5542

Re: Gundlach says passive investing has reached 'mania' status and says investors should avoid index funds

He didn't say why he doesn't like it. Is it because passive investors hurt price discovery or something? Or he doesn't like the fact that low cost index funds lure away customers from companies like his? Passive investing is still only a small portion of overall global equities.
by Daitokuji
Fri Dec 14, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 11261

Re: [Robinhood to launch 3% interest bearing accounts, but is not a bank]

It's a money market fund, SIPC doesn't protect against those kind of losses. They haven't even announced a launch date. I bet by the time it actually does launch the rate for VMMXX will be similar and not worth transferring any significant amount of money to this. Nice PR for the company and I guess...
by Daitokuji
Wed Dec 12, 2018 8:14 pm
Forum: Personal Investments
Topic: Any way to display the old design on the Vanguard website?
Replies: 16
Views: 1404

Re: Any way to display the old design on the Vanguard website?

I prefer the old design with the white and brown/manila colours. The new one is just a plain white background with text formatted in kind of an ugly way.
by Daitokuji
Wed Dec 12, 2018 7:39 pm
Forum: Personal Investments
Topic: Any way to display the old design on the Vanguard website?
Replies: 16
Views: 1404

Any way to display the old design on the Vanguard website?

Vanguard recently did a redesign of their website and I prefer the old look. But sometimes when I click around on things, it will temporarily revert to the old layout. Anyone know of a way to permanently have it display the old design of the Vanguard website?
by Daitokuji
Wed Nov 28, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 13184

Re: Does 100% stocks make sense for very high net worth individuals

No, you should go relatively heavy into bonds if you are a high net worth individual. You want to preserve capital and don't need growth since you are already rich. Why do you care about preserving capital if a 50% market plunge would just reduce your withdrawals from $1 million to $500k? Once you ...
by Daitokuji
Tue Nov 27, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 13184

Re: Does 100% stocks make sense for very high net worth individuals

No, you should go relatively heavy into bonds if you are a high net worth individual. You want to preserve capital and don't need growth since you are already rich.
by Daitokuji
Tue Nov 27, 2018 9:37 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 221
Views: 16929

Re: What is your allocation to U.S. and International?

100% stocks.

60% VTI
40% VXUS

That is my 2 fund portfolio
by Daitokuji
Mon Nov 19, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 227
Views: 20470

Re: Vanguard lowering Admiral level to $3,000?

Has anyone been able to convert investor shares to admiral shares? I keep getting an error when I do so.
by Daitokuji
Sun Nov 11, 2018 3:01 pm
Forum: Personal Investments
Topic: Better place to park cash than VMMXX or VGSH/VCSH?
Replies: 4
Views: 1506

Better place to park cash than VMMXX or VGSH/VCSH?

What is the best place to park cash? Regular savings accounts offer a bad interest rate, CDs offer a similar interest rate to money market accounts so I don't think it's worth locking up your money there. High yield savings accounts are okay but you get a higher interest rate and virtually the same ...
by Daitokuji
Tue Oct 23, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 153
Views: 13604

Re: Barron's Making the Case for Gold

The value of gold is a vestigial remnant of past economics. Buffett, et. al. are correct. As a long term investment, it is a disaster. But just like bitcoin, beanie babies, baseball cards, you can trade it, it can gain value, etc.
by Daitokuji
Mon Oct 01, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard reccomend 60:40 US:International ratio?
Replies: 52
Views: 9334

Re: Why does Vanguard reccomend 60:40 US:International ratio?

Vanguard has predicted that international will outperform domestic in the next decade.
by Daitokuji
Thu Sep 13, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 86999

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

I did a comparison of the results on morning star and you can see it is the sole laggard. Should it not be appropriate to evaluate the results yet?

https://imgur.com/yETapIm
by Daitokuji
Thu Sep 13, 2018 6:40 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 86999

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

It's only been a little over 1 month but Vanguard's VTI/VTSAX has outperformed FZROX by about 0.5%.

The free FZROX has been outperformed by the equivalent funds from not only Vanguard and Schwab and iShares, but even Fidelity's own total stock market index fund, FSTMX.
by Daitokuji
Tue Aug 21, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 11621

Re: The Bigger Story: Fidelity Expense Ratios

I will wait 6 months to a year and see what the difference in performance is between the Fidelity and Vanguard funds. All things being equal, Fidelity should give you 0.04% higher returns compared to Vanguard.
by Daitokuji
Mon Aug 06, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 86999

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

It definitely seems like Fidelity is the better choice than Vanguard now. I have a Vanguard account but will wait it out for a few months and see how it goes.
by Daitokuji
Wed Aug 01, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Matter/Scatter Part 5: International stocks
Replies: 12
Views: 2021

Re: Matter/Scatter Part 5: International stocks

I am in 60% US/40% international as per Vanguard's official recommendation, but looking at the past decade of results that may not be the optimal allocation. Still, past performance is no guarantee of future results. This is Vanguard's white paper on international allocation from 2014: https://www.v...
by Daitokuji
Wed Aug 01, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Why I left Wealthfront
Replies: 72
Views: 20954

Re: Why I left Wealthfront

I recently transferred all the assets in my Roth IRA from Wealthfront to Vanguard. I didn't feel like I was getting any value for 25bps/year and wanted more control over my investments. I also wasn't sure about the mix of investments they picked nor the reasoning for it. They put you heavily into em...
by Daitokuji
Wed Aug 01, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Passive Index Investing, A Bubble Bound To Burst?
Replies: 115
Views: 12770

Re: Passive Index Investing, A Bubble Bound To Burst?

I kind of get his point. Passive index investors generally invest in stocks based on market cap so they are heavily into a few, large cap companies.So the large cap sector is getting crowded which will lead to lower results? What's the solution? Spend lots of time researching undervalued small and m...
by Daitokuji
Wed Aug 01, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 86999

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

So what's the catch? And how would this compare to VTI/VTSAX? I have most of my money in VTI and VXUS (total international) and wonder if it would be worth it to switch to Fidelity. I'm paying 0.068% for my current portfolio.
by Daitokuji
Wed Aug 01, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 25152

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

The CNBC article says it's starting today but I tried to sell some ishares bond ETFs that I transferred to Vanguard from one of the robo funds and it's showing the standard $7 fee.