How do you access chat? I have tried many times in both the app and the web site. Help -> Connect with an agent -> always spins and then goes to the generic 'How can we help?' page.grtwallchina75 wrote: ↑Sat Mar 09, 2024 3:19 pmThis is a false statement. RH chat support is 24x7, i have used it multiple times, even after hours/weekends, and they are very helpful. It is true they dont have an 1-800 to call but the callback request via app is very good, they called me back last week in 3 mins and I was transferred to a license broker immediately for the transfer questions I had.
Search found 185 matches
- Sat Mar 09, 2024 10:41 pm
- Forum: Investing - Theory, News & General
- Topic: Robinhood 3% IRA Match
- Replies: 1459
- Views: 110227
Re: Robinhood 3% IRA Match
- Thu Mar 07, 2024 7:00 am
- Forum: Investing - Theory, News & General
- Topic: Robinhood 3% IRA Match
- Replies: 1459
- Views: 110227
Re: Robinhood 3% IRA Match
Has anyone been able to contact Robinhood support? I created an account, and when I login and choose Help -> Connect with Agent, it just takes me to a generic page of common help topics. I don't see any way to contact via telephone. I wanted to ask about backup beneficiaries, since it seems they don't support it (and apparently only added beneficiaries of any type just recently?). It probably only works when they're open. It's annoying but you can eventually get thru the tree, and you have a choice of chat, or callback. Chat option does work afterhours, not callback. They dont have a direct phone number. Help > Contact Us 24x7 > Choose the Topic (Brokerage, Retirement, etc) > Choose specific subtopic > then finally there will be a "Co...
- Wed Mar 06, 2024 9:50 pm
- Forum: Investing - Theory, News & General
- Topic: Robinhood 3% IRA Match
- Replies: 1459
- Views: 110227
Re: Robinhood 3% IRA Match
Has anyone been able to contact Robinhood support? I created an account, and when I login and choose Help -> Connect with Agent, it just takes me to a generic page of common help topics. I don't see any way to contact via telephone.
I wanted to ask about backup beneficiaries, since it seems they don't support it (and apparently only added beneficiaries of any type just recently?).
I wanted to ask about backup beneficiaries, since it seems they don't support it (and apparently only added beneficiaries of any type just recently?).
- Sat Oct 07, 2023 9:00 am
- Forum: Investing - Theory, News & General
- Topic: Now that long TIPS yields are 60 bp off their highs I will…
- Replies: 2937
- Views: 611680
Re: Now that long TIPS have pushed past 2.50% I will…
With real yield being 2.4% across the board, is it true that a fund like Vanguard Inflation-Protected Securities Fund would be expected to out-perform Vanguard Total Bond Market Index over the next 10 years if
1) real yield ends at the same level or lower
2) nominal rates for intermediate bonds end roughly the same as now
3) average inflation exceeds 2.4% over the time frame?
- Sat Aug 05, 2023 4:29 pm
- Forum: Personal Investments
- Topic: Converting Vanguard Mutual fund shares to ETF -- cost basis?
- Replies: 7
- Views: 1373
Re: Converting Vanguard Mutual fund shares to ETF -- cost basis?
Can someone post the link for converting?
- Tue Jun 18, 2019 10:27 am
- Forum: Investing - Theory, News & General
- Topic: My trend following strategy and experience
- Replies: 1522
- Views: 151721
Re: My trend following strategy and experience
Can you update the original post with a list of dates and position changes? It's too tedious to slog through all these threads to try piece it together. I think you got out in Jan 2019 and back in in March? Any changes at the end of May? I would guess that a trend line was broken.
- Mon Aug 28, 2017 7:20 pm
- Forum: Investing - Theory, News & General
- Topic: Can stocks or Bitcoin drop to about zero?
- Replies: 45
- Views: 6213
Re: Can stocks or Bitcoin drop to about zero?
Single stock: yes. GTAT crashed rather suddenly.
http://www.stocktradersdaily.com/stockc ... stockprice
Bitcoin: close -- 80%
http://www.zerohedge.com/news/2014-02-1 ... 80-seconds
http://www.stocktradersdaily.com/stockc ... stockprice
Bitcoin: close -- 80%
http://www.zerohedge.com/news/2014-02-1 ... 80-seconds
- Wed Jun 21, 2017 9:37 am
- Forum: Investing - Theory, News & General
- Topic: "Waiting for the Market to Crash is a Terrible Strategy"
- Replies: 27
- Views: 8172
Re: "Waiting for the Market to Crash is a Terrible Strategy"
...historically, once prospective returns have dropped below about 7.5%, investors could have adopted what I've called a "Rip van Winkle" strategy: just going to sleep until stocks dropped by at least 30% or moved back to prospective returns above 10% - a strategy that would have historically outperformed the S&P 500 with about half the overall risk. http://www.hussman.net/wmc/wmc110523.htm Sounds like data mining. Until 1955, you could have sold your US stocks whenever the dividend yield went under, say, 4.5% and bought back when it went over 5.5%. Would have worked from the 1870s until mid 1950s. I expect you'll be proven right, but am not willing to risk dumping stocks when both yield+growth and 1/CAPE are significantly hi...
- Thu May 18, 2017 11:39 am
- Forum: Investing - Theory, News & General
- Topic: For those with $500k-$1m in investments...
- Replies: 211
- Views: 37465
Re: For those with $500k-$1m in investments...
33 / 67. Adding to taxable when I can.
- Tue Apr 04, 2017 6:38 am
- Forum: Investing - Theory, News & General
- Topic: Remembering the Crash of 1987
- Replies: 66
- Views: 9015
Re: Remembering the Crash of 1987
Inflation was quite high then, so in real terms it was a 50% loss. Spread out over 15+ years. Ouch.McGilicutty wrote:Pretty decent "bear" market. The CAGR of the S&P 500 from January 1, 1966 to December 31, 1980 was over 6%. I could live with that over the next 15 years.Valuethinker wrote:Or the essential bear market from 1966-1980?
http://www.multpl.com/inflation-adjusted-s-p-500
- Thu Mar 09, 2017 8:03 am
- Forum: Investing - Theory, News & General
- Topic: is anything 'cheap' out there?
- Replies: 82
- Views: 17000
Re: is anything 'cheap' out there?
And down another 99.9% since then. Ouch.beammeupscotty wrote:Only down another 85% since then.Gambler wrote:whoopsbeammeupscotty wrote:It's a lot cheaper today (down 15%).Gambler wrote:Dryships (symbol: DRYS)
52week low ($1.80). was ~$5 last year.
~$1B in debt but owns ~$1.1B in deep sea oil rig drilling substidary
in my after tax acct: sold $50k in S&P500 in a few days ago (before todays 2% drop) and bought this today.
wish me luck. or
lets just add $10k more, shall we
- Thu Feb 23, 2017 11:37 am
- Forum: Investing - Theory, News & General
- Topic: Extreme Valuations, and why you should reconsider
- Replies: 307
- Views: 32523
Re: Extreme Valuations, and why you should reconsider
Hi all, I seems you are not reading the data right. One said July 2010 cape said 4% returns but it has been 14. Actually, if you look at the data I keep posting - the data forecasts the NEXT 10 year AVERAGE annual return. The model in July 2010 showed any new money invested then would return somewhere around 10-13% (hard to see the exact month in the graph). http://www.hussmanfunds.com/wmc/wmc170213.htm SEE THE THIRD CHART DOWN! And it is showing you what you can reasonably expect, at a 94% correlation, what a new dollar invested now would return ON AVERAGE annually (avg annual return) - FOR THE NEXT TEN YEARS. You can see where the ACTUAL next ten year return line stops...and look how how they follow each other. And its not just his model...
- Thu Jan 19, 2017 9:07 am
- Forum: Investing - Theory, News & General
- Topic: An index isn't an index isn't an index...
- Replies: 23
- Views: 4675
Re: An index isn't an index isn't an index...
The S&P 600 is a superior index for small caps, mainly because of the earnings requirement (four consecutive quarters of positive earnings) which screened out a lot of internet startups trading at huge valuations with no profits around 2000, just before they cratered and cost investors tons of money. An additional potential advantage of the S&P 600 over the Russell 2000 is the profitability screen (requiring four consecutive quarters of positive earnings) that is used by its selection committee. We now know that direct profitability is an important dimension of expected returns, and among small caps, growth companies with low or negative profitability have had a much lower return than higher profitability companies, so excluding th...
- Mon Jan 16, 2017 7:33 am
- Forum: Personal Investments
- Topic: $600,000. Now what?
- Replies: 53
- Views: 13405
Re: $600,000. Now what?
After logging into my brokerage (which i actually use Vanguard for), the numbers showed: 16% return from last 5 years and 28.5% return from the last year. This has mostly come from finding NRZ, and OCN. They have both nearly doubled (NRZ including dividend) over the last year. I still believe NRZ will return around 25-30% this year (including dividend). Over the last year, total return of OCN was -15% while NRZ was +80%. Assuming equal amounts invested in each one year ago, if you had been invested in Vanguard Small Cap Value Index fund instead (which returned 25% last year and 16% CAGR for the last 5 years), you would have more money ($28,000 vs. $26,500) with a lot less volatility or single-company risk (not to mention much better tax ef...
- Mon Jan 09, 2017 1:49 pm
- Forum: Investing - Theory, News & General
- Topic: 1987 stlye crash on the way?
- Replies: 65
- Views: 10378
Re: 1987 stlye crash on the way?
The article is 3 1/2 years old and the market is up 45% since then.
- Wed Sep 21, 2016 5:33 am
- Forum: Investing - Theory, News & General
- Topic: Sound Mind Investing
- Replies: 11
- Views: 3859
Re: Sound Mind Investing
I was going to say that Yahoo shows price only, while Morningstar is total return (including dividends), but the difference in the charts suggests something else.
At any rate, the expense ratio alone should be enough to scare almost anyone away from this fund.
At any rate, the expense ratio alone should be enough to scare almost anyone away from this fund.
- Mon Sep 19, 2016 12:42 pm
- Forum: Investing - Theory, News & General
- Topic: Sound Mind Investing
- Replies: 11
- Views: 3859
Re: Sound Mind Investing
The difference isn't that large, but it didn't beat the market. Looks like 7.38% CAGR for total stock market vs. 5.78% for SMI. Unsurprisingly, this is fairly close to the difference in expense ratios (2.03% yikes!).AlohaJoe wrote:For what it is worth, the ETF SMIFX (Sound Mind Investing) which is run by the creators of Sound Mind Investing, has expenses of 2.03%, has over 200% turnover, and has returned 4% total (not annually) over the past decade. The S&P 500, by comparison, has returned over 67% over the same time period. That seems like a good indication of how their strategy works when you account for all costs.
- Mon Sep 05, 2016 7:34 am
- Forum: Personal Investments
- Topic: Buy, sell or hold Caterpillar?
- Replies: 33
- Views: 5650
Re: Buy, sell or hold Caterpillar?
You mean you've been on this board for over 6 years and are finally getting around to thinking about this? If you had sold Caterpillar and bought Vanguard Total Stock Market Index on the day you joined, your $490K of CAT would instead be worth $631K (with a lot less volatility). Hmmmm...
- Fri Jul 22, 2016 6:33 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard site shows funds not owned?
- Replies: 14
- Views: 3214
Re: Vanguard site shows funds not owned?
You mean like this?
- Thu Jul 07, 2016 5:19 pm
- Forum: Investing - Theory, News & General
- Topic: Monetary policy is (barely) carrying the world
- Replies: 29
- Views: 3008
- Fri Jun 17, 2016 8:22 pm
- Forum: Investing - Theory, News & General
- Topic: Only buying during crashes - return?
- Replies: 34
- Views: 5023
Re: Only buying during crashes - return?
It is a bad plan. Why? Well let us just take 2010 onwards. When did the market crash 20% within a 30 day period? I don't think it ever did. So you would be still holding on to 6-7 years of contributions sitting in cash. Your 2010-2012 contributions in particular would have done very well if you had them in the market and you are very unlikely to get a better price going forward since you have to jump in when the market drops 20% - so maybe when the S&P is around 1650. Market timing just doesn't work. I believe there was a crash in 2011 and a smaller crash last August, VTI was down over 30% at one point last year. Crashes are pretty frequent. In 2011, it dropped just over 20%, but not within 30 days. http://i65.tinypic.com/4rz33c.png Bi...
- Wed Jun 08, 2016 6:27 am
- Forum: Investing - Theory, News & General
- Topic: At what point do we market time?
- Replies: 87
- Views: 10379
Re: At what point do we market time?
It was actually only 16% CAGR since the end of 1998, and you had to hold on through that 90% drop in the first couple years (not many did).QuietProsperity wrote:That's rough. If you just bought and held Amazon through today that would have been a hell of a story (30+% compounded returns since 1998)pbearn wrote:Reminds me of late 1999 when I correctly predicted that AMZN would peak, sold it all and put it into "safe" GE, which went on to lose about as much as AMZN did. There's no safe stocks when the market gets ugly.kosomoto wrote:There are low volatility stock funds that could withstand a market crash pretty handily, so why not substitute those?
- Tue Apr 26, 2016 7:38 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Total Bond Market Index [Exp.Ratio] now only 0.07%
- Replies: 28
- Views: 9808
- Mon Dec 14, 2015 1:40 pm
- Forum: Personal Investments
- Topic: Too good to be true? vgenx or vgpmx
- Replies: 48
- Views: 25793
Re: Too good to be true? vgenx or vgpmx
They're a much better buy now, so yes, too good to be true.
- Mon Nov 30, 2015 7:33 am
- Forum: Personal Investments
- Topic: Vanguard emerging markets TLH question
- Replies: 9
- Views: 1703
Re: Vanguard emerging markets TLH question
If I do that, the Dec. qualified dividends for the newly purchased fund won't qualify since it will be held less than 60 days, and it will also add one more taxable event to report when switching back. I think I'll stick with my original plan and if/when Emerging markets and/or bond rates rise substantially, switch back since there will be a better chance to TLH again from that point.
- Sun Nov 29, 2015 9:52 pm
- Forum: Personal Investments
- Topic: Vanguard emerging markets TLH question
- Replies: 9
- Views: 1703
Re: Vanguard emerging markets TLH question
So maybe it's better to sell Emerging in taxable, buy Select in tax deferred, then sell after 30 days and buy the index again in taxable? Or just sell and buy again after 30 days?
- Sun Nov 29, 2015 2:33 pm
- Forum: Personal Investments
- Topic: Vanguard emerging markets TLH question
- Replies: 9
- Views: 1703
Vanguard emerging markets TLH question
I own the Vanguard Emerging Markets stock index fund in taxable. I have a loss of around $9,000 in it that I would like to tax lost harvest. I only have a Vanguard mutual fund account (no brokerage account), so I only have Vanguard funds to choose from for a TLH pair. I also have a NWFCU 3% add-on certificate account in taxable. If I were to a) in taxable, sell the Emerging Markets and add to the NWFCU certificate, and b) in tax deferred, sell Total Bond Market index and purchase the Vanguard Emerging Markets Select stock fund (to hold for 30 days, then switch to the Emerging index fund), would this avoid the wash sale rule? Would it be advisable?
- Mon Oct 19, 2015 8:25 am
- Forum: Investing - Theory, News & General
- Topic: White Coat Investor critiques a David Ramsey rant on Bogle
- Replies: 24
- Views: 7583
Re: White Coat Investor critiques a David Ramsey rant on Bogle
I have had a lot of appreciation for the role Ramsey plays in pop culture regarding money. But when he ranted on Bogle he crossed a line with me. He made a statement about Bogle's advice being "dangerous" because it causes analysis paralysis, which was just too much to take. Bogle's mantra is the simplest, least analytical to implement, and in terms of reaching a wide audience was groundbreaking. Ramsey's point that most of the game is a matter of showing up (i.e., the biggest factor is actually setting aside and investing money in the appropriate vehicles for retirement) is valid. I don't recall, but that might be the #1 item on Bogle's list ("save you must") as well. But after that Ramsey is stuck in the mentality of ...
- Fri Sep 11, 2015 10:44 am
- Forum: Investing - Theory, News & General
- Topic: is anything 'cheap' out there?
- Replies: 82
- Views: 17000
Re: is anything 'cheap' out there?
Only down another 85% since then.Gambler wrote:whoopsbeammeupscotty wrote:It's a lot cheaper today (down 15%).Gambler wrote:Dryships (symbol: DRYS)
52week low ($1.80). was ~$5 last year.
~$1B in debt but owns ~$1.1B in deep sea oil rig drilling substidary
in my after tax acct: sold $50k in S&P500 in a few days ago (before todays 2% drop) and bought this today.
wish me luck. or
lets just add $10k more, shall we
- Tue Aug 25, 2015 7:50 am
- Forum: Investing - Theory, News & General
- Topic: Can anyone help me understand China
- Replies: 31
- Views: 5809
Re: Can anyone help me understand China
60 Minutes might have gotten it wrong.PaddyMac wrote:I keep thinking of the 60 Minutes piece a year or two ago where Leslie S. walked through entire cities with freeways and skyscrapers and shopping malls with no one living in them (ghost cities in other words). Citizens bought real estate and speculated. It was appalling. You could see then that this was a faux economy. Looked like Ireland in the Celtic Tiger days but ten times worse.
http://www.vagabondjourney.com/zhengzho ... host-city/
- Mon Aug 24, 2015 9:52 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4652419
Re: U.S. stocks in freefall
Did it really briefly trade at $78.41? Wow. Good catch.Bracket wrote:Wow IJS is roaring back up. (Up 10% since I bought) I guess I should have bought more.
- Thu Aug 13, 2015 5:46 am
- Forum: Investing - Theory, News & General
- Topic: 12yo son's investing class at school driving me nuts
- Replies: 46
- Views: 10330
Re: 12yo son's investing class at school driving me nuts
Well, it's not looking so good any more. Good thing you didn't take his advice.DougK wrote:I just checked GMCR ticker today and ran the 1m, 6m, 1y, 3y, etc. returns. I'm too embarrassed to talk to him about it right now. I'm thinking I'll pull up the ticker in 5-10 years, call him at whatever university or first job he's at, and prove my point then. Good idea, right?
- Wed Jun 03, 2015 2:27 pm
- Forum: Investing - Theory, News & General
- Topic: Long term price trend for the S&P 500 - ouch!
- Replies: 29
- Views: 7179
Re: Long term price trend for the S&P 500 - ouch!
Maybe, maybe not.Browser wrote:Chart from Doug Short illustrating the movement of the S&P500 around the long-term trendline. The right side kinda looks like the Alps compared to the rest of it. Looks like we might be ready for a little serious Mean Regression one of these fine days?
http://www.philosophicaleconomics.com/2 ... nt-matter/
- Mon May 11, 2015 9:14 am
- Forum: Investing - Theory, News & General
- Topic: International - Who really is at 40%
- Replies: 93
- Views: 14878
Re: International - Who really is at 40%
I'm at 55% foreign equities.
- Sat May 09, 2015 2:27 pm
- Forum: Investing - Theory, News & General
- Topic: Buffett vs The Market Since The Crash
- Replies: 5
- Views: 1833
- Mon Mar 23, 2015 9:02 pm
- Forum: Investing - Theory, News & General
- Topic: How credible is this expert view? from the Crux
- Replies: 2
- Views: 1046
- Sat Mar 14, 2015 12:13 pm
- Forum: Investing - Theory, News & General
- Topic: American Funds beats the market 97% of the time?
- Replies: 50
- Views: 9794
Re: American Funds beats the market 97% of the time?
Any advisor that will sell you American funds is one to avoid. You are definitely much better off using a low-cost advisor and no-load index funds. Anything more than 0.50% total (advisor and fund) expenses is highway robbery.kenschmidt wrote:Some people need the services of an advisor. And most advisors don't charge both a front end load and an AUM. Usually either/or. You are probably better paying a front end load than a 1% AUM every year.
- Sat Mar 14, 2015 9:10 am
- Forum: Investing - Theory, News & General
- Topic: American Funds beats the market 97% of the time?
- Replies: 50
- Views: 9794
Re: American Funds beats the market 97% of the time?
I think they were somewhat selective in picking their index benchmarks so that they would cast their funds in the best possible light. Rather than using the S&P 500, if they had used a Midcap Index, which probably better matches the overall cap weighting of American's funds, the results would have dropped. That said, American Funds are in general relatively low cost and low turnover. They have removed a large portion of what makes "active" funds bad, so their performance should be better than the "average" active fund. They are not really bad choices - just not quite as good a choice as Vanguard's index (or active) funds, which are even lower cost with no front end load. Let's see, American Funds: 5.75% front-end lo...
- Sat Mar 14, 2015 8:16 am
- Forum: Investing - Theory, News & General
- Topic: American Funds beats the market 97% of the time?
- Replies: 50
- Views: 9794
Re: American Funds beats the market 97% of the time?
Previously discussed here: http://www.bogleheads.org/forum/viewtop ... 8#p1827496
Factor analysis showed their alpha was almost always negative: http://www.bogleheads.org/forum/viewtop ... 8#p2149715
Factor analysis showed their alpha was almost always negative: http://www.bogleheads.org/forum/viewtop ... 8#p2149715
- Thu Mar 12, 2015 10:09 am
- Forum: Investing - Theory, News & General
- Topic: Which stocks in Wellesley and Wellington over time?
- Replies: 2
- Views: 1044
Re: Which stocks in Wellesley and Wellington over time?
Current allocations are easy to view on Vanguard's web site, historical would be more difficult. From the article: "Recently, Ross Kerber at Reuters picked up on the stunning long-term success of the Voya Corporate Leaders Trust...which holds a fixed portfolio of 22 blue-chip companies, has, for example, beaten the S&P 500 stock index by a wide margin since 1970." Stunning success? By a wide margin? Try barely 1% CAGR (11.84 vs. 10.79) and most of that in the last 10 years -- performance was almost identical from 1970 - 2002. And when you factor in taxes, it's essentially a wash (1.2 vs 0.4 tax cost ratio according to Morningstar). This causes me to question any other claims in the article. http://i60.tinypic.com/2508f3m.png
- Sun Feb 15, 2015 8:04 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard - remove old funds associated with account
- Replies: 23
- Views: 11431
Re: Vanguard - remove old funds associated with account
On the customize page, you can also select which accounts will be displayed.Silence Dogood wrote:Unfortunately when I do this my old account still appears on the main screen. It doesn't appear when I click "balances and holdings" but it does appear on the main page. I use to have a taxable account but now I only have my Roth IRA. I wish Vanguard would clean this up.
- Sun Feb 15, 2015 6:56 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard - remove old funds associated with account
- Replies: 23
- Views: 11431
Re: Vanguard - remove old funds associated with account
On the Balances & Holdings page, click on Customize this page, check Hide zero balance and click Save.
- Tue Feb 03, 2015 11:54 am
- Forum: Investing - Theory, News & General
- Topic: John Hussman is almost a Boglehead
- Replies: 8
- Views: 2236
Re: John Hussman is almost a Boglehead
I happen to catch a recent article by Hussman, and then it led me to look at his performance since inception. Below is the link from his website, which claims 3.03% per year. http://www.hussmanfunds.com/pdf/hsgperf.pdf But this doesn't seem to jive with the fact that the current price of his fund, HSGFX, which is $9.21. It looks like the IPO price was $10.00 in July 2000. If the return calculations assume that any dividends were reinvested, should that mean the cumulative annual return was approximately -8.0%, and that the average annual return was something like -0.5%? Any thoughts? Since it's actively managed, it probably had more distributions than dividends alone. 3% looks about right ($10K -> $15.8K over 15 years). http://i57.tinypic....
- Wed Jan 21, 2015 2:43 pm
- Forum: Investing - Theory, News & General
- Topic: Does securities lending matter more than expense ratios?
- Replies: 29
- Views: 3801
Re: Does securities lending matter more than expense ratios?
I know with DFA that securities lending is always fully collaterialized. I assume Vanguard does the same. While some may consider securities lending as "harmless", I consider it as adding risk to your index fund. If I want more risk I will invest in more equities. Luckily we haven't seen major defaults in securities lending, but that doesn't mean it couldn't happen. We never thought a Money Market Fund would "break the buck" either, but it happened. Best wishes. I believe it's 102% collateralized. I thought some securities lenders got in trouble back in 2008ish because they held that collateral in some AAA-rated securities. Specifically, AAA-rated mortgage-backed securities. From the PDF in the OP: "The collateral ...
- Wed Jan 21, 2015 2:28 pm
- Forum: Investing - Theory, News & General
- Topic: Does securities lending matter more than expense ratios?
- Replies: 29
- Views: 3801
Re: Does securities lending matter more than expense ratios?
The income from securities lending for Vanguard funds is impressive. For instance, taking brokerage fees (available in the Statement of Additional Information) and securities lending income (available in the annual report) into account, I calculate the weighted ER of my portfolio to be 0.085% vs. 0.113% for the stated expense ratios, a 25% savings. And this appears to be yet another case where index funds have an advantage -- for similar index vs. active funds I compared, the index funds had much greater lending income.
- Tue Jan 20, 2015 10:29 pm
- Forum: Investing - Theory, News & General
- Topic: VBTLX vs. BND
- Replies: 23
- Views: 3116
Re: VBTLX vs. BND
https://tinyurl.com/o8arpy7
The day-to-day difference has to do with market price vs. NAV (premium/discount) of the ETF (the mutual fund is always at NAV).
https://personal.vanguard.com/us/funds/ ... IntExt=INT
- Tue Jan 20, 2015 6:24 am
- Forum: Investing - Theory, News & General
- Topic: Why invest in International funds? It's a mystery
- Replies: 121
- Views: 16256
Re: Why invest in International funds? It's a mystery
http://www.bogleheads.org/forum/viewtop ... 0#p2338941Peculiar_Investor wrote:Citation please.pascalwager wrote:I like Gene Fama's simple observation that you don't need an int'l AA because the US market is itself adequately diversified.
- Sat Jan 17, 2015 2:58 pm
- Forum: Investing - Theory, News & General
- Topic: Backtesting spreadsheet simba
- Replies: 9
- Views: 2136
Re: Backtesting spreadsheet simba
It was merged with VTMGX (which had the same benchmark).Hatch Batten wrote:One fund, VDMIX, closed last year.
https://personal.vanguard.com/us/insigh ... t-04042014
- Tue Jan 13, 2015 7:32 am
- Forum: Investing - Theory, News & General
- Topic: Why Is "Deflation" A Bad Thing??? How To Prepare/Profit?
- Replies: 87
- Views: 10502
Re: Why Is "Deflation" A Bad Thing??? How To Prepare/Profit
http://www.bogleheads.org/forum/viewtop ... 94#p317994toto238 wrote:Can you point out where Nisiprius wrote about the Wizard of Oz and bimetallism? I had a college professor who actually wrote a book on this topic. I'd like to show him that he's not the only one who cares about this topic.
https://en.wikipedia.org/wiki/Political ... zard_of_Oz
- Sat Dec 27, 2014 8:45 pm
- Forum: Investing - Theory, News & General
- Topic: Best S&P Index Dividend Fund
- Replies: 10
- Views: 2606
Re: Best S&P Index Dividend Fund
Why, when you can buy the S&P index with an expense ratio 50% lower than VYM and 88% lower than SDOG?
http://seekingalpha.com/article/2093953 ... agic-pants
http://seekingalpha.com/article/2093953 ... agic-pants