Search found 116 matches

by Pacal
Tue Nov 01, 2011 12:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer international bond index funds.
Replies: 60
Views: 5709

Re: Vanguard to offer international bond index funds.

Instead of immediately reacting negatively to something that may be new to you or not in line with what you were taught from a pre-global economy perspective, perhaps some of you should read the referenced research article (and others that exist if you look) in the Vanguard news release...
by Pacal
Mon Oct 10, 2011 6:18 pm
Forum: Investing - Theory, News & General
Topic: Which International Funds do You use in Taxable?
Replies: 33
Views: 6802

VWO
VSS
VEA
by Pacal
Tue Oct 04, 2011 6:01 am
Forum: Investing - Theory, News & General
Topic: Why Use Index Funds?
Replies: 7
Views: 1400

(The following is extreme sarcasm on my part.)
I don't know, you better check out natureexplorer's latest post. Apparently Vanguard's index funds are taking part in market timing now. :roll:
by Pacal
Tue Oct 04, 2011 5:53 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Market Timing Went Horribly Wrong
Replies: 86
Views: 9791

Ummm, yeah, natureexplorer.... Vanguard, and the vast majority of people here, stress long-term investing. As always, you're basing your alarmist hand-waving on less than a year's performance. What exactly is your agenda here on our forums?
by Pacal
Sun Oct 02, 2011 12:11 pm
Forum: Investing - Theory, News & General
Topic: 5 Questions for Jack Bogle
Replies: 0
Views: 382

5 Questions for Jack Bogle

In this article at Bloomberg, Mr. Bogle answers the following five questions. 1. What investments are particularly overvalued? 2. Do any investment categories look undervalued? 3. What trend in the fund industry troubles you? 4. Is this the worst investment environment you've seen in your lifetime? ...
by Pacal
Sat Oct 01, 2011 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: upset with vanguard- "free riding" question
Replies: 41
Views: 12369

Vanguard clearly states this SEC rule, and its consequences, in the information that they send you when you first open an account with them. Vanguard is simply enforcing an SEC policy which they tell you about up-front. It actually is important to read the account details they send you...
by Pacal
Sat Oct 01, 2011 11:03 pm
Forum: Investing - Theory, News & General
Topic: Bogle: ETF Trading Has No Social Value
Replies: 28
Views: 2106

Unfortunately, there will always be anti-ETFers. ETFs are the latest scapegoat for many of the market's current ills, from volatility to flash crashes. I have the utmost respect for Mr. Bogle, his books inspired me to take control of investing for my retirement, but I disagree with his outlook on ET...
by Pacal
Tue Sep 27, 2011 9:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard launches 6 more Admiral index funds
Replies: 33
Views: 6978

Vanguard launches 6 more Admiral index funds

Vanguard launched 6 more Admiral share class index funds today.

https://personal.vanguard.com/us/insigh ... =Position1
by Pacal
Wed Sep 21, 2011 8:24 pm
Forum: Investing - Theory, News & General
Topic: August stock market volatility was not extraordinary
Replies: 3
Views: 684

Re: August stock market volatility was not extraordinary

plnelson wrote:So maybe this volatility is "the new normal".



"New normal" is just another way of saying "this time is different"... the history of the stock market doesn't support this.
by Pacal
Wed Sep 21, 2011 6:59 am
Forum: Investing - Theory, News & General
Topic: August stock market volatility was not extraordinary
Replies: 3
Views: 684

August stock market volatility was not extraordinary

Linked below is a Vanguard article showing that the stock market volatility of this past August was not extraordinary. The link takes you directly to a PDF.

August 2011 stock market volatility: Extraordinary or 'Ordinary'?
http://us.vocuspr.com/newsroom/ViewAtta ... 232331b4a7
by Pacal
Tue Sep 20, 2011 8:14 pm
Forum: Investing - Theory, News & General
Topic: ETFs have potential to become the next toxic scandal
Replies: 20
Views: 2933

More ETF myths... :roll:


And once again, I'll post this insightful article at IndexUniverse that was written during yet another round of ETF doomsday predictions last year.

Shorting ETFs Misunderstood, Even By A Ph.D.
http://www.indexuniverse.com/sections/f ... -phds.html
by Pacal
Tue Sep 20, 2011 10:35 am
Forum: Investing - Help with Personal Investments
Topic: 20-something brand new to investing - looking for guidance!
Replies: 14
Views: 1647

Thanks to everyone for all the helpful advice! I think at this point I am pretty much done "investing in myself" and would like to start putting some excess money away for the future. So far it seems like for me my best bet is to put something away in a roth IRA in a vanguard target fund....
by Pacal
Mon Sep 19, 2011 4:08 pm
Forum: Investing - Theory, News & General
Topic: Rebuffs of most recent ETF criticism
Replies: 0
Views: 333

Rebuffs of most recent ETF criticism

Linked below are two articles addressing the most recent criticism of ETFs and market volatility.


Vanguard: ETFs Not To Blame For Volatility
http://www.indexuniverse.com/sections/f ... ility.html


ETFs And Market Volatility: A Witch Hunt
http://www.indexuniverse.com/sections/f ... -hunt.html
by Pacal
Mon Sep 19, 2011 5:46 am
Forum: Investing - Help with Personal Investments
Topic: 20-something brand new to investing - looking for guidance!
Replies: 14
Views: 1647

Take that money and invest in yourself. At this age NOTHING will make you more money then getting a better education, a higher paying job, saving more, and LBYM. Once ALL of that is done then it is time to actually invest. How do you know he hasn't already done that?... Regardless, saving and inves...
by Pacal
Sun Sep 18, 2011 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: 20-something brand new to investing - looking for guidance!
Replies: 14
Views: 1647

Thanks for the detailed response Pacal! Very helpful! I think for my needs a simpler strategy would be best, so I do like the idea of just being able to invest in that one fund. I will look into it for sure. To answer your question, I do not have a 401k available to me. Thanks again! You're welcome...
by Pacal
Sun Sep 18, 2011 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: 20-something brand new to investing - looking for guidance!
Replies: 14
Views: 1647

Oh, and a question... Does your employer offer a retirement plan (401k, 403b, etc.)? If so, what vendor(s) administers the plan (Vanguard, Fidelity, etc.)?
by Pacal
Sun Sep 18, 2011 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: 20-something brand new to investing - looking for guidance!
Replies: 14
Views: 1647

To get started, I suggest opening a Vanguard IRA account (m). You'll have two choices, a traditional or Roth IRA. With a traditional IRA you won't pay taxes on the money you put into it (it's deductible from your taxes; it lowers your adjusted gross income), BUT you'll pay taxes when you withdraw fr...
by Pacal
Sat Sep 17, 2011 11:17 am
Forum: Investing - Theory, News & General
Topic: Why Persistently high Premium for VXUS vs NAV?
Replies: 10
Views: 1260

fairly new ETF (inception 1/26/2011; and yes, I know the MF has been around since 1996), hence not widely known yet = low trading volume = frequent premium

I imagine that this will all but vanish in another year or two as more people learn of the ETF and invest in it.
by Pacal
Fri Sep 09, 2011 12:26 pm
Forum: Investing - Theory, News & General
Topic: Do ETF holders benefit from the mutual fund purchase fees?
Replies: 9
Views: 1037

First, I want to be clear that I don't know the answer. However, my guess would be no, ETF share holders do not benefit from the higher ER of the mutual fund share class. I suspect that the higher ER of the mutual fund share class is due to the fact that a group of Vanguard traders have to actually...
by Pacal
Fri Sep 09, 2011 11:35 am
Forum: Investing - Theory, News & General
Topic: Do ETF holders benefit from the mutual fund purchase fees?
Replies: 9
Views: 1037

First, I want to be clear that I don't know the answer. However, my guess would be no, ETF share holders do not benefit from the higher ER of the mutual fund share class. I suspect that the higher ER of the mutual fund share class is due to the fact that a group of Vanguard traders have to actually ...
by Pacal
Mon Sep 05, 2011 12:23 pm
Forum: Investing - Theory, News & General
Topic: IWM or VTI
Replies: 10
Views: 1239

You are comparing apples to eggplants, so what would you expect? There is nothing constructive in this comment. I (and many other bogleheads) would appreciate it if you are more specific the next time you are thinking of posting something you think is clever. Get use to it 12inchsubs, such is the w...
by Pacal
Sun Sep 04, 2011 11:03 pm
Forum: Investing - Theory, News & General
Topic: .
Replies: 12
Views: 1143

Good grief... This was a tongue-in-cheek post... if you couldn't tell from the tongue-sticking-out face in the title of this post. Some of you are way too serious. :roll:
by Pacal
Sun Sep 04, 2011 6:53 pm
Forum: Investing - Theory, News & General
Topic: .
Replies: 12
Views: 1143

.

so yeah...
by Pacal
Sun Sep 04, 2011 6:35 pm
Forum: Investing - Theory, News & General
Topic: Individual bonds vs bond funds - Another issue
Replies: 12
Views: 1806

Another issue that I have not seen discussed in favor of Vanguard bond funds vs individual bonds is the following. Suppose you are a Vanguard Flagship client with 1.5 Million in Vanguard funds/Vanguard ETFs and you want a 50/50 equity/fixed income ratio. Using individual bonds would lose your Flags...
by Pacal
Sun Sep 04, 2011 9:34 am
Forum: Investing - Theory, News & General
Topic: What's your biggest single stock holding (if any)?
Replies: 51
Views: 5482

I hold a high-dividend yielding REIT, American Capital Agency Corp. (AGNC), in my Roth IRA to generate income within the IRA and essentially increase my contribution limit to ~$6,000 (the amount I've invested in the REIT generates ~$1,000 per year).
by Pacal
Sun Sep 04, 2011 9:26 am
Forum: Investing - Theory, News & General
Topic: Your first 10k .. Where would you put it?
Replies: 27
Views: 3093

Given your young age and having an emergency fund, I would invest in a US total market index and a foreign total market index fund (or simply a total world index fund). Consider adding a total bond index fund when you reach your mid-30s (or now if you want it more conservative). Obviously, keep the ...
by Pacal
Sat Sep 03, 2011 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: What's the best way to sell scrap and jewelry gold?
Replies: 5
Views: 1173

If you have an Ebay account in good standing with a significant number of sells, this may be your best bet. Look around at some scrap prices on Ebay and you can determine if this route is appropriate. At worst you list it once or twice and lose a dollar. At best you get a much higher % of melt valu...
by Pacal
Sat Sep 03, 2011 10:53 pm
Forum: Investing - Theory, News & General
Topic: What do you think about this unconventional portfolio?
Replies: 10
Views: 1869

I think that your proposed portfolio has too many funds to juggle. Do you think that you could cut the number of funds in half and still be happy with the reduced portfolio? Consider this portfolio (I'm biased toward Vanguard, so it's almost all Vanguard ETFs): 20% BND (total bond market) 20% TIPS 2...
by Pacal
Sat Sep 03, 2011 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: What's the best way to sell scrap and jewelry gold?
Replies: 5
Views: 1173

The online sites, especially the ones that advertise heavily, are good on service and reports are they are LOUSY on price. Janice Lieberman ran a story about a year ago showing the best was 80-90% of the gold value, while the worst was less than 17%. Most were in the 30-35% of the value of the meta...
by Pacal
Fri Sep 02, 2011 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Account Never Changes
Replies: 13
Views: 1439

Re: The More Things Change The More They Stay the Same

Thank you for the responses: Here is an example of a portfolio I have used. But it does change. I guess the little returns they have produced has been paying the fees. And these are 5 year returns. Vanguard Growth Index Fund Admiral Shares: 3.79% Vanguard 500 Index Fund Admiral Shares 0.80% Vanguar...
by Pacal
Fri Sep 02, 2011 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: What's the best way to sell scrap and jewelry gold?
Replies: 5
Views: 1173

What's the best way to sell scrap and jewelry gold?

What's the best way to sell both gold jewelry with gemstones and scrap gold?

Can any of the mail-in cash-for-gold businesses be trusted to give you a fair price?
by Pacal
Thu Sep 01, 2011 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: What are some good dividend based ETFs?
Replies: 16
Views: 3311

VPU (Vanguard Utilities ETF) currently has a SEC yield of 4.05 %. And if you're willing to consider an individual REIT, American Capital Agency Corp. (AGNC) has been consistently paying quarterly dividends of 4.8 to 5.4 % for the past two-and-a-half years.
by Pacal
Thu Sep 01, 2011 2:53 pm
Forum: Investing - Theory, News & General
Topic: Most misleading statements in investing
Replies: 57
Views: 4901

Claiming that current market volatility, among other market phenomena, is the "new normal"; just another way of saying that this time is different.

Really? How is this time different than any other deep recession?
by Pacal
Sun Aug 28, 2011 3:21 pm
Forum: Investing - Theory, News & General
Topic: BlackRock files to be an index provider
Replies: 0
Views: 500

BlackRock files to be an index provider

This may interest some of you.

BlackRock files to be an index provider
http://www.indexuniverse.com/hot-topics ... vider.html
by Pacal
Sun Aug 28, 2011 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Latin America and Russia Small-Cap ETFs: LATM and RSXJ
Replies: 8
Views: 830

Re: Latin America and Russia Small-Cap ETFs: LATM and RSXJ

What percentage of your overall equity portfolio do you plan to allocate to these two ETFs? I'm planning on purchasing $5k of each, which will total 5% of my portfolio. My main holdings are VSS, VT, and VXF, which each individually represent 25% of my portfolio. I too use VXF and VSS, each being 20...
by Pacal
Sat Aug 27, 2011 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Latin America and Russia Small-Cap ETFs: LATM and RSXJ
Replies: 8
Views: 830

Re: Latin America and Russia Small-Cap ETFs: LATM and RSXJ

Does anyone have experience investing in LATM or RSXJ. These are small-cap ETFs that cover Latin America and Russia. My goal is to invest in ETFs with the highest expected returns in the market. I am investing in a taxable account and I am not concerned with volatility. Thank you for sharing your i...
by Pacal
Sat Aug 27, 2011 2:17 pm
Forum: Investing - Theory, News & General
Topic: Impact of Corruption on Equity Index Fund Returns?
Replies: 12
Views: 1271

Re: Did anyone read John Bogle's Book

Surprised no one referenced this book. The Battle for the Soul of Capitalism! John Bogle writes about this very topic. One has to wonder if putting your capital at risk by wall-street (including company executives), is really the best use of investment. How can anyone explain 10-75 million dollar a...
by Pacal
Sat Aug 27, 2011 1:42 pm
Forum: Investing - Theory, News & General
Topic: Impact of Corruption on Equity Index Fund Returns?
Replies: 12
Views: 1271

A quick search of your posts shows that you clearly have some agenda against indexing. Are you employed by an actively managed fund? Conspiracy!!! :roll:
by Pacal
Sat Aug 27, 2011 1:34 pm
Forum: Investing - Theory, News & General
Topic: Impact of Corruption on Equity Index Fund Returns?
Replies: 12
Views: 1271

norak, I think that only watching Fox "News" is giving you a warped view of the world. I second allsop's observation. Get away from Fixed News and whatever other conspiracy sites you may visit and use your own brain to form your own opinion. Your rant screams paranoia. Life and the busine...
by Pacal
Thu Aug 25, 2011 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF portfolio review for a 20-something
Replies: 26
Views: 4048

Regarding allocating to bonds in your portfolio, I feel that at your age it's fine to be 100 % equities. When you reach 30, perhaps start allocating 10 to 20 % to bonds. I'm sure I'll get attacked for saying this, but such is the way of things here...
by Pacal
Thu Aug 25, 2011 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Upromise-linked 529
Replies: 13
Views: 2047

Okay, so far it looks like mixed reviews :) Thanks for the input, I appreciate it.
by Pacal
Thu Aug 25, 2011 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF portfolio review for a 20-something
Replies: 26
Views: 4048

Don Lawson wrote:Does anyone know how I can chart my domestic equity allocation on a dimensional factor grid to see where in the upper right quadrant different allocations would be?


I think Morningstar's "Instant X-Ray" tool will give you what you want.
http://portfolio.morningstar.com/RtPort ... =0.7055475
by Pacal
Thu Aug 25, 2011 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF portfolio review for a 20-something
Replies: 26
Views: 4048

As others have said, I'd reduce the number of funds. And, as others have also said, don't forget that REITs are part of the other funds, both domestic and foreign. Consider the following slim-downed equity portfolio that will give you total market coverage and still has plenty of flexibility. Domest...
by Pacal
Thu Aug 25, 2011 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Upromise-linked 529
Replies: 13
Views: 2047

Upromise-linked 529

Do you have a Upromise-linked 529? If so, do you find the cash rewards worthwhile?
by Pacal
Mon Aug 22, 2011 11:46 am
Forum: Investing - Theory, News & General
Topic: "Curious Case of Vanguard Intermediate-Term Bond Index
Replies: 25
Views: 4212

Don't get me wrong, all of my investments are in index funds and I think indexing is the best way to go, but making such a grand proclamation from 1 month of data?!! Sheesh...
by Pacal
Sun Aug 21, 2011 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: International Small-Cap Fund/ETF
Replies: 21
Views: 2014

livesoft wrote:
leonidas wrote:If a 5% slice in my portfolio meaningful enough to make a difference?

Who knows? VSS about 20% of my equities.


I too have 20 % of my equities in VSS.
by Pacal
Sun Aug 21, 2011 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: International Small-Cap Fund/ETF
Replies: 21
Views: 2014

I prefer and invest in VSS for three reasons:

I trust Vanguard and prefer to do business with them whenever feasible (which is almost always).

It has a very low expense ratio for an international small-cap fund.

It has exposure to emerging markets (26 %).
by Pacal
Sun Aug 21, 2011 11:17 am
Forum: Investing - Theory, News & General
Topic: S&P report criticizes "barbell" approach
Replies: 47
Views: 5755

^ Perhaps then the extended market index (VXF for instance) is more suitable since there is no interface between mid and small in its case? My thoughts exactly. I use VXF instead of splitting up mid- and small-cap with separate funds. I know it's not perfect, it's still leaky on the upper end, but ...
by Pacal
Thu Aug 18, 2011 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: question about wash sale rule
Replies: 2
Views: 444

livesoft wrote:Correct. Wash sale is only potentially in play if you sell something at a loss. Since you sold at a gain, no wash sale possible.


Thanks for the confirmation.
by Pacal
Thu Aug 18, 2011 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: question about wash sale rule
Replies: 2
Views: 444

question about wash sale rule

If I understand the wash sale rule correctly, I could sell shares of an ETF, at a profit, in a tax-exposed account and then transfer that profit to a Roth IRA to buy back shares of that same ETF. This would not be a wash sale, correct?

Thanks in advance for any input.