Search found 896 matches

by Majormajor78
Sat Apr 28, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: How much volume to make a fund viable?
Replies: 3
Views: 302

Re: How much volume to make a fund viable?

My understanding is that it doesn't have much to do with daily volume and more to do with Assets under management and the strength of the parent company. I tracked down an old paper that I read that addressed this issue. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&...
by Majormajor78
Thu Jan 25, 2018 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: VSFVX Admiral Shares
Replies: 10
Views: 1293

Re: VSFVX Admiral Shares

I've always wondered if having the dual mutual fund/ETF structure is inhibiting the creation of an admiral class for this fund. Since there is a pretty large difference in ER between the ETF and the mutual fund, the vast majority of people end up buying the ETF. This in turn slows the growth rate of...
by Majormajor78
Thu Jan 25, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: 529 at VG vs Brighstar - IL state of residence
Replies: 5
Views: 305

Re: 529 at VG vs Brighstar - IL state of residence

Thank you Majormajor, can I add contributions to 2017 tax year like the Roth Ira upto the tax filing deadline of Apr 2018? No. Illinois credits the tax year in which the contribution is made. In other words, the deadline was Dec. 31. Are these good (KID 2.5 now) Vanguard 500 Index 529 Portfolio Van...
by Majormajor78
Thu Jan 25, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 529 at VG vs Brighstar - IL state of residence
Replies: 5
Views: 305

Re: 529 at VG vs Brighstar - IL state of residence

I think it is. The Bright Start plan has great options at really low cost so it's a serious contender even without any tax savings. Since the plan options contain Vanguard index funds among others there really isn't much of a cost difference between the bright start plan and going to Vanguard direct...
by Majormajor78
Sun Nov 12, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Withdraw from the smaller IRA first?
Replies: 2
Views: 375

Re: Withdraw from the smaller IRA first?

If you eliminated the smaller one there may be a benefit to having reduced paperwork and a slightly easier time calculating RMD's. From a tax standpoint it doesn't matter. Multiple IRA's are treated as a single asset for tax purposes even if they are located in different accounts. Have you read the ...
by Majormajor78
Sun Nov 12, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Company Looking to Change 401K Retirement Providers
Replies: 2
Views: 405

Re: Company Looking to Change 401K Retirement Providers

The wiki link on setting up a 401k plan: https://www.bogleheads.org/wiki/Setting_up_a_401(k)_plan There is a lot of good information and links to others sources there. I've never been through the process myself but I've heard many people on this forum recommend Employee Fiduciary as well as several ...
by Majormajor78
Sat Nov 04, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard ETF's VTI and VXUS
Replies: 61
Views: 5430

Re: Buying Vanguard ETF's VTI and VXUS

A lot of chatter in this thread about trading techniques and the ease and benefits of transferring between brokerages to gain transfer bonuses and the like. Not sure if this is being as helpful to the OP as it could be. :confused OP: What are your goals with this money? I assume for retirement with ...
by Majormajor78
Fri Nov 03, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: Active vs. Passive: a Vanguard perspective
Replies: 3
Views: 820

Re: Active vs. Passive: a Vanguard perspective

I tilt to small value myself. Even though I haven't deviated from my IPS in seven years I guess I'm an active investor then. Oh well, now that the glamour has been cast aside I guess I'll just pack it in and buy some load funds instead. A little more seriously, if anything this article is damning of...
by Majormajor78
Fri Nov 03, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Question about multi-tiered emergency fund
Replies: 6
Views: 895

Re: Question about multi-tiered emergency fund

I would suggest I Bonds instead of CD's. Superior liquidity, generally better interest rate, tax deferred, and inflation protected. I would do savings and I Bonds at the same time since I Bonds take a year to become liquid. Personally, two tiers is sufficient for me. This I bond technique is what I...
by Majormajor78
Thu Nov 02, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Break My Love Affair With Fidelity Low Priced Stock
Replies: 76
Views: 7154

Re: Help Me Break My Love Affair With Fidelity Low Priced Stock

ER is .68. It's turnover is 8%. That's not bad for and active fund. I didn't think funds with such a low turnover were still around. Feel free to keep it of course but 12% of your stock portfolio may be a little high. Remember, this is the portion of your 50/50 portfolio that will be primarily resp...
by Majormajor78
Thu Nov 02, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Future Fed: Autism, Insurance, and the cost of ABA Therapy
Replies: 25
Views: 2682

Re: Future Fed: Autism, Insurance, and the cost of ABA Therapy

Used to get ABA and OT for my son though I'm not a federal employee so our insurance was different. What's you maximum out of pocket? Those co-pays certainly add up but they should count towards your deductable and maximum out of pocket for the year. We crunched the cost of the insurance premiums co...
by Majormajor78
Tue Oct 31, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: House - leaking chimney - thoughts?
Replies: 24
Views: 1392

Re: House - leaking chimney - thoughts?

You always get multiple quotes. I get a minimum of three for relatively modest jobs and preferably five for larger ones. Often quotes are all over the place price wise and sometimes I've had a contractor point something out that the others missed. I feel sometimes simply stating that I'm in the proc...
by Majormajor78
Mon Oct 30, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: My Current 401k Allocation
Replies: 12
Views: 1358

Re: My Current 401k Allocation

Have you run the portfolio through Morningstar's instant x-ray? I feel it gives you a better idea of your exposure than the names and labels they slap on the fund. If you want to deviate from the total market you should have an idea of why and how much. Compare your stock portfolio against a good to...
by Majormajor78
Fri Oct 27, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else having trouble with Fidelity site?
Replies: 8
Views: 873

Re: Anybody else having trouble with Fidelity site?

I had the same thing happen to my wife's account back in June. We had just had a credit card stolen the day before so I was pretty spooked. Spent the entire morning coming up with new usernames and passwords for everything. Nothing happened, everything was fine in all the accounts. Even the credit c...
by Majormajor78
Fri Oct 27, 2017 7:28 am
Forum: Personal Finance (Not Investing)
Topic: "Morningstar names best 529 college savings plans for 2017"
Replies: 17
Views: 3400

Re: "Morningstar names best 529 college savings plans for 2017"

Dang.. my CHET (CT) plan is bronze... should i be concerned? Just started last year. BTW what do you guys think about out of state 529? Worth venturing into? The only reason to restrict yourself to your own states plan that I know of is if it offers tax deduction benefits. A few hundred dollars in ...
by Majormajor78
Thu Oct 26, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: "Morningstar names best 529 college savings plans for 2017"
Replies: 17
Views: 3400

Re: "Morningstar names best 529 college savings plans for 2017"

I recently opened a ny 529, but am not a resident of ny. So my question is whether I should move my money to another fund, or just stick it out. Seems like ny still has some of the lowest fees .... but a downgrade to bronze seems worrisome. From Morningstar: Lastly, we downgraded New York's direct-...
by Majormajor78
Thu Oct 26, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: What Should I be Aware of When Opening/Funding a New 529?
Replies: 11
Views: 1336

Re: What Should I be Aware of When Opening/Funding a New 529?

There is another thread running that links to Morningstar's rating of 529 plans.

Thread: viewtopic.php?f=2&t=230639

Morningstar article: http://news.morningstar.com/articlenet/ ... ?id=830917

I use the IL plan.
by Majormajor78
Thu Oct 26, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: "Morningstar names best 529 college savings plans for 2017"
Replies: 17
Views: 3400

Re: "Morningstar names best 529 college savings plans for 2017"

It's nice to see Illinois at the top of a good list for a change. Loved the changes they made to the IL Bright start plan last year.
by Majormajor78
Thu Oct 26, 2017 7:31 am
Forum: Investing - Theory, News & General
Topic: Morningstar 5 star rating not meaningful.
Replies: 26
Views: 2185

Re: Morningstar 5 star rating not meaningful.

The ratings are useful to the extent they may disclose that an index fund rates other than 3 stars which would mean it is not tracking its benchmark. You mean like Vanguard Total Stock Mkt Idx Adm VTSAX which has 4 stars? :D The stars are not supposed to show if a fund has been outperforming it's b...
by Majormajor78
Wed Oct 25, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: VTI Brokerage Allocation Question
Replies: 11
Views: 1116

Re: VTI Brokerage Allocation Question

And as a supplement to the three fund portfolio listed above, the wiki page on asset allocation. Everything from the stock/bond mix to tilting with the other lazy portfolio's.

https://www.bogleheads.org/wiki/Asset_allocation
by Majormajor78
Wed Oct 25, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Difference in ERs between Vanguard's Funds vs ETFs
Replies: 13
Views: 1022

Re: Difference in ERs between Vanguard's Funds vs ETFs

I also own both VSS and VFSVX in differnt accounts. I've always assumed that the growth of ETF's at Vanguard has hindered the growth of the assets held in the mutual funds themselves. Not stopped of course, just hindered. It's ironic that if the ETF didn't exist the mutual fund would have much more ...
by Majormajor78
Tue Oct 24, 2017 8:17 am
Forum: Investing - Theory, News & General
Topic: Why an ETF appear differently on ASX site and Blackrock site
Replies: 7
Views: 561

Re: Why an ETF appear differently on ASX site and Blackrock site

It sounds like you have a plan pretty much banged out. If you have to invest in mostly foreign securities then there is no way around it. You have some extra steps when making a purchase and need to be leery of making purchases in a fund when that currency is particularly strong against the NZ$. Als...
by Majormajor78
Mon Oct 23, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: Why an ETF appear differently on ASX site and Blackrock site
Replies: 7
Views: 561

Re: Why an ETF appear differently on ASX site and Blackrock site

To be honest I've never been in a position where I felt I needed to invest heavily out of my country. I'm about 30 percent international but the international index I use is pretty diverse so that mitigates it a little. I could get hurt if the US dollar gets tumbles but at least I don't have to worr...
by Majormajor78
Mon Oct 23, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Why an ETF appear differently on ASX site and Blackrock site
Replies: 7
Views: 561

Re: Why an ETF appear differently on ASX site and Blackrock site

You do realize that the AUD has lost 25% of it's value in the past five years relative to the USD?

You invest in the fund with AUD but the companies are held in the fund in USD.

You need to know what the risks are to your portfolio if this trend either continues or reverses.
by Majormajor78
Mon Oct 23, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: Why an ETF appear differently on ASX site and Blackrock site
Replies: 7
Views: 561

Re: Why an ETF appear differently on ASX site and Blackrock site

Same product.

The ASX site is wrong, looks like a clerical error. IJR does not have and Earning Per Share of 14.4 AUD. Since they have the Earning way off this throws the PE (price divided by earnings) way off. The Blackrock sight looks accurate at a glance.
by Majormajor78
Mon Oct 23, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 259
Views: 103029

Re: Re:

I too have a portfolio that kicks off enough dividends so that I don't have to sell stocks and bonds in order to pay for my retirement bills. As best I can tell these dividend payers didn't shrink their dividends by much during the great recession. If my figures are right it looks like Vanguard's S...
by Majormajor78
Sun Oct 22, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: question about expense ratio, returns, and fund of funds
Replies: 7
Views: 514

Re: question about expense ratio, returns, and fund of funds

The historical performance data of a fund includes the ER fees. It does not include any separate record keeping or administrative fees taken out by the 401K plan itself.

Fund of funds ER's represent the total ER. The individual underlying funds are worked into this number.
by Majormajor78
Sun Oct 22, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: FDs in India: Cut losses or a slow death?
Replies: 11
Views: 1911

Re: FDs in India: Cut losses or a slow death?

Thanks for the advice. FDs have only decreased in value when converted to current rate of USD. The FDs have increased in Indian ruppees over the time. Besides the currency exchange rate what has inflation been like in India since this investment? Has your purchasing power within India stayed the sa...
by Majormajor78
Sun Oct 22, 2017 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Who does the portfolio reviews and why?
Replies: 21
Views: 1651

Re: Who does the portfolio reviews and why?

Sometimes I have personal experiences similar to a posters problem. Other times I read some of these posts and am presented with a situation or problem I've never really thought about before. Often I'll read the helpful responses or lack thereof and start researching and taking a more in depth look ...
by Majormajor78
Sun Oct 22, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Promissory note not signed
Replies: 12
Views: 1684

Re: Promissory note not signed

So you want to punish them for making a mistake that might cost you five minutes to correct? Wow, it's good that you never make mistakes yourself. Like a previous poster wrote, do the right thing and move on with the important things in your life. Now, now... the OP explicitly stated that he's goin...
by Majormajor78
Sun Oct 22, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: 2 in Daycare -Sell Taxable to Max 401k?
Replies: 46
Views: 3355

Re: 2 in Daycare -Sell Taxable to Max 401k?

Great way to think about it - thanks for your insight. Any benefit to doing this in 2017 vs 2018? I don't see any tax benefit to doing one year or the other but who knows what taxes will shake out as in the near future. With stocks at a current high now is arguably a good time to sell if you are pl...
by Majormajor78
Sun Oct 22, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6373

Re: Commission only fiduciary planner

For people who have neither the time, knowledge, or temperament to self direct their investments a good financial planner can be extremely beneficial. If they do nothing else than give the client peace of mind and convince them to stay the course then they have earned a modest fee because it is oft...
by Majormajor78
Sun Oct 22, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6373

Re: Commission only fiduciary planner

We will still go as my wife has reservations, she feels it may be worth paying fees if that means we do not need to ever stress about certain things...such as moving all our funds into the vanguard accounts. This is the one argument that is supportive of financial planners that I don't have a probl...
by Majormajor78
Sat Oct 21, 2017 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6373

Re: Commission only fiduciary planner

Here's a quick article interviewing Allan Roth a well respected fee only financial planner. The OP might find it a useful 5 minute read. Very on point for this discussion.

https://adviceonlyfinancial.com/advice- ... allan-roth
by Majormajor78
Sat Oct 21, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab- which money market fund? (taxable account)
Replies: 23
Views: 3462

Re: Schwab- which money market fund? (taxable account)

I wonder if the difference in yield vs ER evens out VMFXX and VMMX to be about the same, also the tax advantage if any of VMFXX ?? I believe the differnece in yield other than a few basis points is based primarily in risk for these two. US goverment obligations vs a more total market approach. I be...
by Majormajor78
Sat Oct 21, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 107
Views: 8248

Re: How does/can Walmart offer such inexpensive prescriptions?

How about that, I actually know an answer. And my pharmacist wife thinks I never listen to her :D The reason for this is called the pharmacy benefits manager or PBM. This is a middle man in the pharmacy logistics/administrative chain that fills the role of a non-fiduciary financial planner combined ...
by Majormajor78
Sat Oct 21, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab- which money market fund? (taxable account)
Replies: 23
Views: 3462

Re: Schwab- which money market fund? (taxable account)

Additionally: What are the Vangard equivalents to these funds? And comparison of ER ? Thanks, j Vanguard Federal Money Market fund vmfxx, yield .99%, ER .11% Vanguard Prime Money Market Fund vmmxx, yield 1.13%, ER .16% Edit: Vanguard Municipal Money Market Fund (VMSXX), yield .81%, ER .15% A few ot...
by Majormajor78
Sat Oct 21, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: VFIAX vs. VSMAX vs. VIMAX
Replies: 3
Views: 690

Re: VFIAX vs. VSMAX vs. VIMAX

For those that don't know the tickers off the top of their head that the S&P 500 index, small cap index and midcap index respectively. Have you read the investing start-up kit off the wiki? It's a good place to start: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit Once you s...
by Majormajor78
Sat Oct 21, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping 6 months EF, what to do with rest?
Replies: 11
Views: 1137

Re: Keeping 6 months EF, what to do with rest?

If you're comfortable with 100% stocks and a six month EM fund then it sounds like you have a plan. A total market fund like Vanguard's VTSAX is about as diversified and well run as you can get.
by Majormajor78
Fri Oct 20, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping 6 months EF, what to do with rest?
Replies: 11
Views: 1137

Re: Keeping 6 months EF, what to do with rest?

Yes, I want to reduce EF from 11 months to 6 months. Maybe read a bit of the wiki on getting started: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit Most of the start up tasks you have addressed but you haven't stated a desired asset allocation. Once you have that set you n...
by Majormajor78
Fri Oct 20, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Advisor's choice of immediate variable annuity for retirement income
Replies: 29
Views: 2574

Re: Advice on Advisor's choice of immediate variable annuity for retirement income

Have to agree with EHEngineer. You'll find very few here who like financial advisors. Those that do typically only swear by fee only advisors to avoid conflict of interest. They may charge quite a bit up front but they only do it once instead of year after year. Variable annuities are awful. The sal...
by Majormajor78
Fri Oct 20, 2017 8:19 pm
Forum: Investing - Theory, News & General
Topic: The Effect of Rising Rates on Bond Funds
Replies: 8
Views: 1543

Re: The Effect of Rising Rates on Bond Funds

I felt rates were sure to rise the last time 3yr CDs paid 7.5%. I was sure 8% was right around the corner. Still waiting... Reminds me of when I was a loan officer. I was going to a first meeting with a new potential customer, got a little turned around, couldn't find a pay phone to call and was la...
by Majormajor78
Fri Oct 20, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping 6 months EF, what to do with rest?
Replies: 11
Views: 1137

Re: Keeping 6 months EF, what to do with rest?

Just to be clear, are you dropping your emergency fund from 11 months to 6? Or are you considering this whole thing your emergency fund still but want to take on more risk with the back half? Personally, if I was considering this my emergency fund still I'd be leery of taking too much risk with it i...
by Majormajor78
Fri Oct 20, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good plan?
Replies: 6
Views: 545

Re: Is this a good plan?

Bought my first house in 2005. Sold it in 2014 for a $50K loss. If I had bought in 2011 I would have made out like a bandit. While prices are going to go up or down hopefully they will be more stable in the future. I'm not saying don't buy. Just don't view renting as throwing your money away. You wa...
by Majormajor78
Fri Oct 20, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Strategy
Replies: 20
Views: 2749

Re: Emergency Fund Investment Strategy

This piece: https://www.betterment.com/resources/personal-finance/safety-net-funds-why-traditional-advice-is-wrong/ from Betterment changed my mind. I keep my money in my overall asset allocation which is relatively conservative. I have stopped thinking about things as individual pots and think abo...
by Majormajor78
Fri Oct 20, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Strategy
Replies: 20
Views: 2749

Re: Emergency Fund Investment Strategy

I've been slowly converting my emergency fund into I-bonds. Plan to keep about 4 months living expenses in them, another month or so in Vanguards prime money market fund VMMXX (currently 1.13%) and then about a month surplus in checking. Nice thing about I-bonds is that 4 months of living expenses s...
by Majormajor78
Fri Oct 20, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 3000

Re: 401k "only" up 13.5% YTD

But you can't expect to do the same as the "best asset class" every year. (Even if you tried, you'd need your magical powers to be in the "best asset class" every year.) We keep noticing the same thing... but then I need to remind myself that we slice and dice, so there will always be some "winners...
by Majormajor78
Thu Oct 19, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 549
Views: 61226

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

GridironGems wrote:
Wed Oct 18, 2017 8:28 pm
Does TD Ameritrade have any Target Retirement Funds, or Life Strategy funds, or Wellington, or anything like that?
On the ETF list there is are I Shares funds that are similar to the life strategy funds. AOA, AOK, AOM, AOR. There may be others hiding, I didn't study the list exhaustively.
by Majormajor78
Wed Oct 18, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1556

Re: Personal Finance for retirement

It may be a little technical but you might want to read Dr. Pfau's paper Safe Savings Rates: A New Approach to Retirement Planning over the Life Cycle . https://www.onefpa.org/journal/Pages/Safe%20Withdrawal%20Rates%20A%20New%20Approach%20to%20Retirement%20Planning%20over%20the%20Life%20Cycle.aspx T...