Search found 146 matches

by anthau
Thu Jan 19, 2012 8:59 am
Forum: Personal Investments
Topic: Vanguard Life Strategy Moderate Growth VSMXG
Replies: 9
Views: 2063

Re: Vanguard Life Strategy Moderate Growth VSMXG

rkhusky wrote:It's interesting that Morningstar lists a 20% portion of Asset Allocation in VSMXG, while Vanguard has no mention of it.
Vanguard is dropping Asset Allocation as a holding in the LifeStrategy funds for an all-index approach. Link.
by anthau
Sat Jan 14, 2012 3:13 pm
Forum: Personal Investments
Topic: scottrade vs vanguard, which way should i go
Replies: 26
Views: 10352

Re: scottrade vs vanguard, which way should i go

"To make it simple: The ownership structure of any financial services company ultimately determines just how well it serves its shareholders in the long run." William J. Bernstein, The Investor's Manifesto, pp.138-39 (2010). "In today's hypervigilant markets, the fund company's attention is focused ...
by anthau
Fri Jan 13, 2012 8:46 pm
Forum: Personal Investments
Topic: scottrade vs vanguard, which way should i go
Replies: 26
Views: 10352

Re: scottrade vs vanguard, which way should i go

I will tell you why I'm with Scottrade. Is it anti-Boglehead? Perhaps, but I doubt it, and I take solace in that Bill Bernstein recommends only keeping one's money at a mutually or privately held company (which eliminates most options, save Fidelity, Scottrade, TIAA-CREF, and Vanguard). A few years ...
by anthau
Fri Jan 13, 2012 11:03 am
Forum: Personal Investments
Topic: scottrade vs vanguard, which way should i go
Replies: 26
Views: 10352

Re: scottrade vs vanguard, which way should i go

You may still be better off at Vanguard, but in dismissing Scottrade, we should at least get our facts straight: There's no reason for you to pay a transaction fee at Scottrade. They offer U.S. stock index funds both in commission-free ETF form (Focus™ Morningstar US Market Index ETF [FMU]; Focus™ M...
by anthau
Sat Apr 23, 2011 1:13 pm
Forum: Investing - Theory, News & General
Topic: Best small cap value fund for Fama French fans
Replies: 10
Views: 3958

This may have been discussed previously but what is wrong with VISVX ? Wilson "Wrong" is probably an overstatement, but VISVX/VBR isn't as small or value loaded as some other options, and it has a relatively high number of REITs in it (an issue shared with several funds). http://www.bogleheads.org/...
by anthau
Sun Apr 17, 2011 9:42 am
Forum: Personal Consumer Issues
Topic: Did you play roleplaying games when you were young?
Replies: 40
Views: 4208

There are even a number of "retro-clones," which use the Open-Game License to recreate earlier editions of the game from Lake Geneva.
by anthau
Sat Apr 16, 2011 9:45 am
Forum: Investing - Theory, News & General
Topic: Has Larry Swedroe been fair on American Funds?
Replies: 32
Views: 4986

I should have been more specific, by writing " Assuming sufficient diversification , indexing isn't special." Take two funds, both from the same asset class - fund A is an index fund with 0.5% expense ratio, 1,000 holdings, and 15% turnover. Fund B is an active fund with 0.5% expense ratio, 300 hol...
by anthau
Sat Apr 16, 2011 9:22 am
Forum: Personal Investments
Topic: 3 fund portfolio + REIT
Replies: 4
Views: 1240

Sounds like Rick's Core Four.
by anthau
Thu Apr 14, 2011 8:22 am
Forum: Personal Investments
Topic: Scottrade lower cost ETFs
Replies: 13
Views: 4024

There's some evidence out there that the less frequently one checks one's portfolio, the better one does, for behavioral reasons. See, e.g., The Oblivious Investor . For someone who decided that they will only look at their portfolio once a year, to rebalance, this presents a bit of a Hobson's choic...
by anthau
Wed Apr 13, 2011 10:26 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Made Difficult #3: REITs and Midcap
Replies: 12
Views: 2227

Alf, First of all, thanks for a great series of posts. Seriously. Second, thanks to Opponent Process in the second post of this series for reminding us we're dancing on the heads of pins. In no small part thanks to Rick's All About Index Funds and these boards, I came to choose iShares S&P 600 small...
by anthau
Wed Apr 13, 2011 9:09 am
Forum: Personal Investments
Topic: Buying TRF's with Scottrade
Replies: 4
Views: 991

I read your first post, and from it I gather that you're 27 and have about 40% in your Scottrade account (though it's unclear whether this is a Roth IRA, traditional IRA, or taxable), and about 60% in a 457 plan with no match. Allocation is roughly: Scottrade 20% Cash 20% Ivy Asset Strategy Y (WASYX...
by anthau
Wed Apr 13, 2011 8:30 am
Forum: Personal Investments
Topic: Buying TRF's with Scottrade
Replies: 4
Views: 991

There's not enough information to answer your question: Please read Asking Portfolio Questions and edit your post.

Scottrade will charge $17 to purchase and $17 to sell a TF fund. One can do dividend reinvestment with mutual funds at Scottrade, but not with stocks or ETFs.
by anthau
Tue Apr 12, 2011 3:13 pm
Forum: Personal Investments
Topic: Scottrade lower cost ETFs
Replies: 13
Views: 4024

timsgonefishing wrote:No dividend reinvestment on the ETFs? That's a big downside for me.
With threshold rebalancing it shouldn't be much of an issue, as one is periodically checking up on balances anyway. For a calendar rebalancer, though, it's probably a deal breaker.
by anthau
Tue Apr 12, 2011 10:13 am
Forum: Personal Investments
Topic: Scottrade lower cost ETFs
Replies: 13
Views: 4024

While waiting to see if the volume picks up on these ETFs, Scottrade offers the following Bogleheady (indexed or index-like, ER <= 0.5%) mutual funds: S&P 500 index funds: NINDX, BTIEX (among others); Total-market index fund: TINRX; Total-bond index funds: DBMIX, BONSX; Intm Treasury index fund: IUT...
by anthau
Thu Mar 31, 2011 8:39 pm
Forum: Investing - Theory, News & General
Topic: more cheaper ETF from focusshares
Replies: 12
Views: 1820

But Scottrade has entered the commission-free ETF arena

Given that the ETFs are commission-free at Scottrade, with no holding period (a la TD Ameritrade), I think that this should be met with more than a yawn, and that the assets will follow. What's troubling to me about the initial crop of offerings is that only two or three (the Morningstar US Market I...
by anthau
Thu Mar 24, 2011 8:27 am
Forum: Personal Finance (Not Investing)
Topic: S-Corp newbie accounting, payroll,estimated Taxes
Replies: 12
Views: 5139

Re: S-Corp newbie accounting, payroll,estimated Taxes

I'm not sure if it's what you're looking for as a "book on accounting," but I'm thinking of picking up Frederick Daily's Tax Savvy for Small Business, on the strength of its table of contents.
by anthau
Tue Mar 22, 2011 6:39 pm
Forum: Investing - Theory, News & General
Topic: 401K Law
Replies: 39
Views: 10923

If you decide to complain....

If you decide to complain, learn from my hard experience, and don't complain internally first. I worked at a firm and noticed that although my pay stubs indicated that 401k deductions had been made, 60-90 days later, no money whatsoever had hit my account. Several employees subordinate to me had not...
by anthau
Thu Mar 17, 2011 9:33 am
Forum: Personal Investments
Topic: Getting started with $2000
Replies: 26
Views: 4774

at scottrade, you can purchase VTSSX and other SIGNAL share classes with a minimum of $100. ERs are as low as the Admiral shares. OK, what commission does Scottrade charge me if I buy $100 of VTSSX? $17. :shock: I'd say the better Scottrade approach would be DWS Equity 500 Index Fund (BTIEX) [ER 0....
by anthau
Wed Mar 16, 2011 9:34 am
Forum: Investing - Theory, News & General
Topic: Total International Index Fund REIT %
Replies: 1
Views: 777

It appears to. Top two holdings of VGXRX are Mitsubishi Estate Co and Sun Hung Kai Properties. They show up as holdings (151-200) in VGTSX.
by anthau
Wed Mar 16, 2011 9:16 am
Forum: Personal Investments
Topic: Best Mutual Fund/ETF platform for self-directed trading?
Replies: 13
Views: 3481

I think the answer depends upon a few factors: How large is your account? Will you be using mutual funds, ETFs, or a combination of the two? Will you be using a two or three-fund allocation, or a more complicated one? If you're going to use a simpler allocation, or if you're going to stick with one ...
by anthau
Tue Mar 15, 2011 1:41 pm
Forum: Investing - Theory, News & General
Topic: Japanese Nikkei crashing 14%, back to March 2009 levels!
Replies: 45
Views: 6578

Wow, wow, wow. I turned on CNBC and they are calling this the biggest world wide stimulus program in our lifetimes and are spinning this bullish for stocks. WOW. Why did I watch? :shock: CNBC is a good use for parental blocking controls. I must be a finance geek, because I found this riotously funn...
by anthau
Sun Mar 13, 2011 11:36 am
Forum: Personal Investments
Topic: What is YOUR bond/equity ratio compared to your age/horizon?
Replies: 80
Views: 14034

Age 39. Equities 70%; TBM 20%; TIPS 5%; BB-B rated junk 5%. (At 5% of allocation, I'm pretty sure it's not worth fretting much over whether the junk is more bond or equity like.)
by anthau
Fri Mar 11, 2011 12:28 am
Forum: Personal Consumer Issues
Topic: Do you prefer doing business with a public/private company?
Replies: 15
Views: 2174

Overall there seems to be somewhat of an aversion of doing business with public companies. Some mention that they trust private business more. There seems to be an inherent distrust of public companies. I find this interesting considering everyone on this board invests in stocks and some even in co...
by anthau
Thu Mar 10, 2011 11:46 am
Forum: Personal Consumer Issues
Topic: Do you prefer doing business with a public/private company?
Replies: 15
Views: 2174

Re: Do you prefer doing business with a public/private compa

All else equal, do you prefer doing business with companies in which you have a stake (public) versus companies in which you don't have a stake (private)? Personally I disagree with the thesis that I have a stake in public companies. Sure, I may hold an infinitesimal share in them, but at the end o...
by anthau
Sat Jan 22, 2011 9:53 am
Forum: Personal Investments
Topic: 36-year-old -Is Target Retirement Fund for me?
Replies: 15
Views: 2230

So, there is not anything that would be considered safe except for CDs. CDs, money markets (with a caveat), savings accounts, savings bonds, and T-bills would all qualify as "under the mattress safe," imo. You may find these three parts of the wiki of interest (pun intended): Money markets , treasu...
by anthau
Thu Jan 13, 2011 10:33 am
Forum: Personal Investments
Topic: Transferring Roth IRA from Scottrade to Vanguard
Replies: 5
Views: 4839

Granted, it's tangential to the OP's question, but here's how Scottrade sweeps.
by anthau
Thu Dec 23, 2010 8:01 am
Forum: Investing - Theory, News & General
Topic: What's Your Allocation to High Yield Bonds?
Replies: 80
Views: 10605

5%, though I consider it to be part of my equity allocation, not fixed income. I had 10% of my bonds in HY, but have simplified my portfolio, so now I have whatever % is in Total Bond, which makes up 50% of my bonds. Not being critical (just FYI), but I'm fairly sure that there's 0% junk in Total Bo...
by anthau
Wed Jul 07, 2010 8:40 am
Forum: Personal Finance (Not Investing)
Topic: 1.1 mil house for rent for $2,850/mo. Worth it to rent?
Replies: 41
Views: 5117

Though I think the consensus is already clear to rent, it's also worth noting that Bill Bernstein would agree: In The Investor's Manifesto, Dr. Bernstein writes, "A good rule of thumb is to never, ever, pay more than 15 years fair rental value for any residence." (p. 37).
by anthau
Wed Jul 07, 2010 8:31 am
Forum: Investing - Theory, News & General
Topic: All About Asset Allocation, Second Edition
Replies: 8
Views: 2242

And Dr. Bernstein himself writes it's not worth picking up his new edition just for the postscript.
by anthau
Wed Jun 23, 2010 7:13 pm
Forum: Personal Investments
Topic: Index Funds - 5-year comparison tools
Replies: 8
Views: 1871

Smart Money's "Fund Map" may be of interest.
by anthau
Mon Jun 14, 2010 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Portfolio X-Ray thru TR Price - Problems?
Replies: 3
Views: 812

I added ETFs to my portfolio in the past month or so, and the issue with balances has been there since I added them; so much so that I switched back to using M*'s portfolio tracker.
by anthau
Fri Jun 11, 2010 6:24 pm
Forum: Personal Consumer Issues
Topic: Best Smoker
Replies: 48
Views: 6406

I don't know if what I'm asking is considered blasphemy in the BBQ community, but could that smoker be turned into a conventional grill? I'm looking into getting a new grill for the summer and it'd be nice to use the WSM in different ways. The VWB site points out that older versions of the operatin...
by anthau
Fri Jun 11, 2010 8:14 am
Forum: Investing - Theory, News & General
Topic: Schwab "On Investing" article on ETFs
Replies: 32
Views: 4508

Why would Schwab care? Schwab's proprietary mutual funds are relatively low cost, no load , no transaction fee. If they can sell you an ETF equivalent they get a small commission on the trade and perhaps this approach will appeal to those who trade more often than Mr. Lockwood., These individuals w...
by anthau
Fri Jun 11, 2010 7:50 am
Forum: Personal Consumer Issues
Topic: Best Smoker
Replies: 48
Views: 6406

+1 for the Weber Bullet, and for the virtual bullet site. [Edit: It's surprisingly easy to control the temperature with the bottom vents.] Only thing I can add is that Peace, Love & Barbecue is a fun book too. Although I have the 22", I think that the 18" would have been plenty big enough. Happy smo...
by anthau
Wed Jun 09, 2010 5:40 am
Forum: Investing - Theory, News & General
Topic: Poll: Do you own bond ETFs?
Replies: 30
Views: 4768

I own Vanguard Total Bond Market ETF but don't reinvest dividends, though the lack of reinvestment is because Scottrade doesn't accommodate it. Being self-employed makes my savings sporadic; if my savings were more periodic, I'd likely switch to Dreyfus Bond Market Index Inv (ER: 0.4%).
by anthau
Wed Jun 09, 2010 5:13 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Jack Bogle on rebalancing and on bond funds
Replies: 53
Views: 11321

Having read Geoff Considine's Rethinking Rebalancing: A Risk/Reward Analysis , it occurs to me that the difference between Bogle's study and others' work on rebalancing ( e.g., William J Bernstein & Daryanani [.PDF]) is that Bogle's analysis is of a "lumper's" portfolio, while the others' analyses a...
by anthau
Sun May 23, 2010 10:16 am
Forum: Personal Consumer Issues
Topic: Docs: How often do you think "First do no harm?"
Replies: 26
Views: 3560

I'm not a doctor, but I can report that one of the reasons my wife and I chose our current doctor is that it's clear he remembers it. Without going into specifics, my wife had already been treated by two practitioners, both of whom had hazarded a differential diagnosis, neither of which had panned o...
by anthau
Sat May 22, 2010 11:42 am
Forum: Personal Investments
Topic: Out of the Market during transfer
Replies: 57
Views: 5604

10-14 Days Out?

I recently made a direct transfer from one IRA custodian to another, and in the process, I was out of the market for 2-3 days at most, not 1-2 weeks.

Fwiw.
by anthau
Thu May 20, 2010 8:06 am
Forum: Personal Investments
Topic: Sell Schwab Total Stock Market Index to Fund Roth IRA?
Replies: 4
Views: 1383

Selling at a loss is not the issue: If you sell it at a loss after holding for a year or less, you would incur a short-term capital loss, which I believe you could use first to offset short-term capital gains then to offset other income (start your research here and here to be sure). I think the iss...
by anthau
Fri Apr 23, 2010 7:47 am
Forum: Investing - Theory, News & General
Topic: Is Tracking S&P500 Really Passive Investing?
Replies: 12
Views: 2811

To steal a line from Rick Ferri, once you have more than a few hundred stocks involved, it doesn't matter whether it's a committee or chimpanzees who are picking them.
by anthau
Fri Apr 23, 2010 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Starting a business
Replies: 16
Views: 3176

SCORE may also be a resource.
by anthau
Fri Apr 23, 2010 7:40 am
Forum: Investing - Theory, News & General
Topic: Bonds in Tax-Deferred Account
Replies: 3
Views: 1137

The links in the wiki are a starting point.
by anthau
Thu Apr 22, 2010 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of having all accts at one place?
Replies: 37
Views: 6247

Though it may be some time before they come to market, Schwab has filed to offer three US Treasury ETFs.
by anthau
Sun Apr 18, 2010 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Benefits of having all accts at one place?
Replies: 37
Views: 6247

Re: Benefits of having all accts at one place?

Seems like the only problem with Fido and Schwab is that their Vanguard copycat funds (hey, let's call a spade a spade) don't have very good bond options. Schwab, I just noticed, does offer some pretty basic bond funds thru Ridgeworth (?) with no transaction fees, 0.32% ER. Or one could just fork o...
by anthau
Sat Apr 17, 2010 11:59 am
Forum: Investing - Theory, News & General
Topic: Portfolio for 13 year old using Oakmark funds
Replies: 19
Views: 4199

Schwab's index funds have $100 minimums and competitive expense ratios, though less comprehensive than Vanguard's (and, of course, more likely to change in the future).
by anthau
Fri Apr 16, 2010 6:23 am
Forum: Personal Consumer Issues
Topic: Constitutional Law Book
Replies: 12
Views: 2188

I'd suggest that Chemerinsky's text is closer to what the OP is looking for: a comprehensive, scholarly overview of federal constitutional law. The "Examples and Explanations" volumes are study guides for law students. The title of that series is a fairly accurate description of their format (which...
by anthau
Fri Apr 16, 2010 5:36 am
Forum: Personal Consumer Issues
Topic: Constitutional Law Book
Replies: 12
Views: 2188

Constitutional Law: National Power & Federalism Constitutional Law: Individual Rights Older editions can probably be had on the cheap. :wink: Edit: Chemerinsky also appears to have authored a primer, Constitutional Law: Principles And Policies . Looks less comprehensive than the other two volumes, ...
by anthau
Wed Apr 14, 2010 6:17 pm
Forum: Personal Consumer Issues
Topic: Tax Returns: Certified Mail vs Certificate of Mailing
Replies: 54
Views: 20827

Certificate of Mailing is $1.15. Only proves that you mailed them an envelope. Does not prove that you mailed them any contents. Same holds true for certified mail. I file electronically and send my f1040-V & f1040-ES with certificates of mailing. My rationale: Nobody has to sign for it (I'm sure t...
by anthau
Thu Mar 18, 2010 11:04 am
Forum: Personal Investments
Topic: 26 Year Old- Looking to Start a ROTH Debating Which company
Replies: 31
Views: 4212

Re: Thanks for the kind responses

I'm obviously going to research this a bit more, My Gut Feeling is to start my Roth IRA with Schwab in an ETF or Total index (maybe 50/50) and build around 6k before transferring it to 2 Vanguard funds. Use caution with this approach: Schwab charges a $50 fee for a full account transfer. Scottrade ...
by anthau
Sun Mar 07, 2010 10:23 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard vote with the shares in its funds?
Replies: 10
Views: 2783

Proxydemocracy.org examines the proxy voting of several mutual fund companies, and graphs them as they relate to directors, executive compensation, corporate governance, and corporate impact. Edit: The funds' proxy voting policies can be found in the statement of additional information, which can b...