Search found 93 matches

by bzargarcia
Mon Jul 15, 2019 7:26 pm
Forum: Investing - Theory, News & General
Topic: Schwab in talks to buy USAA Wealth/Brokerage
Replies: 5
Views: 882

Re: Schwab/USAA $2B deal

corn18 wrote:
Mon Jul 15, 2019 7:01 pm
What did Victory Capital buy then?
Victory bought the ETFs, mutual funds, and 529s.
by bzargarcia
Sun Jun 16, 2019 12:07 am
Forum: Personal Investments
Topic: Should I leave Betterment?
Replies: 33
Views: 5822

Re: Should I leave Betterment?

Betterment founder, Jonathan Stein, is guest on Bloomberg's 'Masters in Business' podcast. https://ritholtz.com/2019/06/mib-jonathan-stein/?utm_source=dlvr.it&utm_medium=twitter This week, we speak with Jonathan Stein, founder and CEO of Betterment, an online automated firm with $16.4 billion dolla...
by bzargarcia
Tue May 28, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: USAA getting out of mutual fund biz
Replies: 51
Views: 8893

Re: USAA getting out of mutual fund biz

Banking products don't appear to be affected by the Victory transaction. The message from USAA is basically telling individuals to ensure their banking ACH information is set up within the USAA/Victory mutual fund itself. USAA's funds transfer tool (tool for internal USAA account transfers) will no ...
by bzargarcia
Tue Mar 12, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Rick and Larry on Bloomberg 3/13
Replies: 12
Views: 1906

Rick and Larry on Bloomberg 3/13

FYI: Eric Balchunas from Bloomberg tweeted that both Rick Ferri and Larry Swedroe will appear on ETF IQ show at 1 pm Eastern 3/13/19.

Bart
by bzargarcia
Sat Mar 09, 2019 11:32 pm
Forum: Personal Investments
Topic: USAA
Replies: 18
Views: 2614

Re: USAA

I have been a USAA member since 1984. Up until a month ago, I had everything there: auto ins, home ins, umbrella ins, checking, savings, credit card, taxable brokerage, my Roth, wife's Roth. No complaints except their brokerage service. They are a good bank, but a terrible brokerage house. Terrible...
by bzargarcia
Tue Feb 05, 2019 7:52 pm
Forum: Investing - Theory, News & General
Topic: Episode 006: "Bogleheads on Investing" with guest Dan Egan
Replies: 26
Views: 3429

Re: Episode 006: "Bogleheads on Investing" with guest Dan Egan

Looking forward to this one. I really like Egan’s work.
by bzargarcia
Sun Jan 20, 2019 12:05 am
Forum: Investing - Theory, News & General
Topic: Why is index investing better than other quantitative strategies?
Replies: 38
Views: 3746

Re: Why is index investing better than other quantitative strategies?

An individual have "free" commissions, but institutions don't. Those free commissions still pay the cost of bid/ask spreads (made worse by the brokerage offering the "free" commission selling the order flow). In our made up cap weighted index, if the 499th and 500th largest companies grow to the 1st...
by bzargarcia
Sat Jan 19, 2019 11:32 pm
Forum: Investing - Theory, News & General
Topic: Why is index investing better than other quantitative strategies?
Replies: 38
Views: 3746

Re: Why is index investing better than other quantitative strategies?

Cost. Both in initial implication and continuing management.
by bzargarcia
Tue Jan 15, 2019 11:14 pm
Forum: Investing - Theory, News & General
Topic: Betterment's Egan Cashflow
Replies: 7
Views: 617

Re: Betterment's Egan Cashflow

Man that is complicated. I guess that appeals to some people but I like simple methods. Buy what I need. End of the month transfer the overflow to the portfolio. Why complicate life? Agreed. It does make me feel like I'm missing something. I do really like the automatic checking sweep and the idea ...
by bzargarcia
Tue Jan 15, 2019 10:58 pm
Forum: Investing - Theory, News & General
Topic: Betterment's Egan Cashflow
Replies: 7
Views: 617

Betterment's Egan Cashflow

I thought personal finance junkies here would find this article interesting. It's from Betterment's Director of Behavioral Finance Dan Egan on how he manages his monthly cashflow. Of course, it promotes Betterment services. Nevertheless, I really like Egan's (Betterment's) work. He also answered a c...
by bzargarcia
Wed Oct 24, 2018 10:42 pm
Forum: Personal Investments
Topic: Got charged 3 brokerage fees for one sell transaction is that normal ?
Replies: 17
Views: 1493

Re: Got charged 3 brokerage fees for one sell transaction is that normal ?

Add up the three commissions and compare that number to that brokerage commission rate for that trade. My bet is the commission is split between the three lots.
by bzargarcia
Wed Aug 22, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard app, mobile check deposits and all-in-one accounts
Replies: 11
Views: 2376

Re: Vanguard app, mobile check deposits and all-in-one accounts

Vanguard should be able to get mobile deposit fixed, but the OP had another problem. Mobile deposit was never going to work with a check made out to Vanguard FBO the OP. I've had several bank and investment accounts and none of them ever allowed a FBO deposit over mobile. Technically the check isn't...
by bzargarcia
Thu Aug 09, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: AQR Podcasts - The Curious Investor
Replies: 5
Views: 905

Re: AQR Podcasts - The Curious Investor

I listened to the first two episodes yesterday. Its already one of my favorite podcasts.

bg
by bzargarcia
Tue Jul 03, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 25258

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

Interesting take on the subject from the advisor point of view from Michael Kitces on Periscope.

https://www.pscp.tv/MichaelKitces/1mnxeoDYaPrGX

Enjoy,

Bart
by bzargarcia
Tue Apr 24, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 7598

Re: Customer Service with Vanguard

As far as I know that is what is supposed to happen when someone dies unless or until you establish yourself as executor of the estate or as a beneficiary TOD/POD or it was a joint account. No other broker is going to be different. +1 I've worked at 3 banks. Same rule with all of them. I never unde...
by bzargarcia
Sun Apr 22, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 121
Views: 10278

Re: Vanguard Web Site Down?

Just checked and worked fine for me
by bzargarcia
Thu Mar 22, 2018 5:11 pm
Forum: Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 3539

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

FYI: You can buy all Fidelity's funds (including their index funds) for no transaction fee through their brokerage platform.
by bzargarcia
Wed Jan 03, 2018 12:39 am
Forum: Personal Investments
Topic: Vanguard completely messed up my cost basis..big problem
Replies: 25
Views: 2248

Re: Vanguard completely messed up my cost basis..big problem

Well technically the balance at that time was 0. How about the month before you converted?
by bzargarcia
Wed Jan 03, 2018 12:31 am
Forum: Personal Investments
Topic: Vanguard completely messed up my cost basis..big problem
Replies: 25
Views: 2248

Re: Vanguard completely messed up my cost basis..big problem

Ignore the completed transaction section of the statement. Scroll up to the balances and holdings section. My MFs show average price per share there. What does yours say? If it doesn't show for the converted shares there, look at the month before the conversion.

Bart
by bzargarcia
Fri Sep 15, 2017 6:19 pm
Forum: US Chapters
Topic: San Antonio TX Chapter - Master Thread
Replies: 49
Views: 10913

Re: San Antonio Local Chapter Established

I had a blast. See everyone Nov 16.

Bart
by bzargarcia
Wed Sep 13, 2017 6:17 pm
Forum: Investing - Theory, News & General
Topic: New Betterment Portfolio Strategies
Replies: 13
Views: 4698

New Betterment Portfolio Strategies

A few weeks ago Betterment starting offering their Socially Responsible Investing strategies. Looks like today they are adding two more strategies. BlackRock Target Income https://www.betterment.com/resources/inside-betterment/product-news/income-portfolio-strategy/ Goldman Sachs Smart Beta https://...
by bzargarcia
Mon Aug 14, 2017 8:12 pm
Forum: US Chapters
Topic: San Antonio TX Chapter - Master Thread
Replies: 49
Views: 10913

Re: San Antonio Local Chapter Established

Count me in. I'd prefer Saturday or week night. 281 and 1604 would be good for me. I'm near Helotes.

Bart
by bzargarcia
Thu Jul 20, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Maxifi planner
Replies: 52
Views: 9201

Re: Maxifi planner

Thanks for posting. I was just talking to someone today about moving assets to Betterment because I am a fan of their planning tools.
by bzargarcia
Wed Jul 05, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein on Meb Faber's podcast
Replies: 54
Views: 11107

William Bernstein on Meb Faber's podcast

I haven't listened yet, but Bill Bernstein is a guest on Meb Faber's podcast.

http://mebfaber.com/2017/07/05/episode- ... ent-going/

Bart
by bzargarcia
Fri Jun 30, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to change banking and credit card periods to end of month?
Replies: 12
Views: 1483

Re: How to change banking and credit card periods to end of month?

Yes you can for some credit cards. I changed the due date of 4 credit cards (Discover and USAA) to the same day. Those companies allowed the change on their websites. USAA did not let me change the close out date for my checking/saving accounts. They said close out dates were determined by type of a...
by bzargarcia
Tue Jun 27, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Any Reason to Stay With USAA?
Replies: 21
Views: 2946

Re: Any Reason to Stay With USAA?

I love USAA for banking and insurance. For investments? It is important to keep in mind that their investment service is actually run by.....Fidelity. So you can buy/sell Fidelity funds/etfs cost free. I have my Roth IRA at USAA but it is entirely invested in a Fidelity fund (FUSVX). I may one day ...
by bzargarcia
Tue Jun 27, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Any Reason to Stay With USAA?
Replies: 21
Views: 2946

Re: Any Reason to Stay With USAA?

For DIY investors you can always by NTF Fidelity index funds at USAA.
by bzargarcia
Thu Jun 15, 2017 8:51 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront: Factor based "Advanced Indexing"
Replies: 3
Views: 1397

Wealthfront: Factor based "Advanced Indexing"

Looks like Wealthfront is making some very big changes....

https://research.wealthfront.com/whitep ... -indexing/

Enjoy....

Bart
by bzargarcia
Tue Jun 13, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking TIAA-CREF accounts with Vanguard Portfolio Watch?
Replies: 12
Views: 1712

Re: Tracking TIAA-CREF accounts with Vanguard Portfolio Watch?

I emailed Vanguard about getting access to the "automatic" portfolio watch. They didn't mention 1 million dollars for access, but they did say I would get access if I signed up for Vanguard Personal Advisor Services.

Oh well.

Bart
by bzargarcia
Mon Jun 05, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 3819

Re: USAA's New (Irritating) Security Protocol

Weird that getting downloads would be different Mac vs Windows version. Quicken on Mac ONLY requires member number and pin to get downloads.

Bart
by bzargarcia
Mon Jun 05, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 3819

Re: USAA's New (Irritating) Security Protocol

Are you auto downloading on Quicken for Mac? I'm using Quicken for Mac 2017. Try to change your USAA Quicken connection type to "Direct Connect". I have several USAA accounts and use 2FA and I never have to enter a pin on Quicken.

Bart
by bzargarcia
Sun May 28, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: 2017 Fink Investing Conf: Faber, Hebner
Replies: 1
Views: 430

2017 Fink Investing Conf: Faber, Hebner

Active v Passive discussion some may find interesting.... Joshua Emanuel of Wilshire Funds Management Meb Faber of Cambria Investment Management Inc. Mark Hebner of Index Fund Advisors Inc https://youtu.be/FUD8TUFQTrw After the debate, Hebner released this article discussing Cambria's performance. h...
by bzargarcia
Sat Apr 22, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 94
Views: 18319

Re: Ally Bank - Savings Account Rate Increased!

Thanks for this....I've debating just moving my emergency funds to Vanguard Prime MM for simplicity, but haven't pulled the trigger yet.


bg
by bzargarcia
Fri Apr 14, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: TIAA Robo now live
Replies: 11
Views: 1682

Re: TIAA Robo now live

How does this differ from their overly pricey target date funds? In the same way Vanguard and Schwab's robo-offering differs from their overly pricey target date funds. The VG target date funds are .15%, which I would not describe as expensive. The TIAA funds run about .68%. How does this differ fr...
by bzargarcia
Thu Apr 13, 2017 9:51 pm
Forum: Investing - Theory, News & General
Topic: TIAA Robo now live
Replies: 11
Views: 1682

Re: TIAA Robo now live

Investment options are different, but this looks VERY similar to the Betterment front end. I wouldn't be surprised to find out they are paying Betterment to run this for them.

Bart
by bzargarcia
Wed Apr 12, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront: Why we avoid Blackrock ETFs
Replies: 24
Views: 5412

Wealthfront: Why we avoid Blackrock ETFs

Ran across this story blog post today from the CEO of Wealthfront. I thought some of you would enjoy it.

He explains why Wealthfront doesn't primarily use Blackrock ETFs and instead uses mostly Vanguard ETFs.

https://blog.wealthfront.com/avoid-blackrock-etfs/


Bart
by bzargarcia
Tue Apr 11, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: Honda Pilot good 1st vehicle for teen?
Replies: 46
Views: 4577

Re: Honda Pilot good 1st vehicle for teen?

My wife has a 2014 Pilot and my 15 year old daughter is just got her learners permit. She hates driving Momma's car. She says its too big and she can't see due to many blind spots. If I were in your shoes, I'd get Mom he vehicle she wanted and trade in the Pilot. I'd shoot for a compact 2010 or newe...
by bzargarcia
Tue Apr 11, 2017 7:46 pm
Forum: Investing - Theory, News & General
Topic: Quicken for Mac 2017 Loan Feature
Replies: 0
Views: 627

Quicken for Mac 2017 Loan Feature

FYI: Looks like Quicken for Mac 2017 is adding loan amortization. Hopefully they keep adding useful features.

https://twitter.com/SoftwareMarcus/stat ... 5760557056


Bart
by bzargarcia
Thu Apr 06, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: Is anyone using Apple CarPlay? My preferred car company isn't...
Replies: 33
Views: 3755

Re: Is anyone using Apple CarPlay? My preferred car company isn't...

My car was getting hail damage repaired a few months ago. The rental I was given was a 2017 Volkswagen Jetta with CarPlay. I know its probably not a very popular point of view, but I won't buy another vehicle without it.

Bart
by bzargarcia
Thu Apr 06, 2017 9:12 pm
Forum: Personal Investments
Topic: Retirement planning calculators
Replies: 1
Views: 456

Retirement planning calculators

Besides with their partnership Financial Engines, does Vanguard have any comprehensive retirement planning calculators? I found a few basic Flash based tools, but it looks like the good stuff is reserved for Vanguard advisor clients.


Bart
by bzargarcia
Tue Apr 04, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Union Places Me in Crosshairs
Replies: 17
Views: 2520

Re: Credit Union Places Me in Crosshairs

Reminds me of when I joined a credit union probably 25 years ago- my ID number was my Social Security number, complete with the spaces between the numbers, and printed on pubically-visible documents. I immediately shut the account down. Yes - I know that many decades ago many credit unions got the ...
by bzargarcia
Thu Mar 23, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard asks DOL to delay fiduciary rule
Replies: 3
Views: 1622

Vanguard asks DOL to delay fiduciary rule

Vanguard's letter to DOL asks for a delay of the applicability of fiduciary rule by 12 to 18 months. "The delay is necessary to allow the Department to review the legal and economic basis for the rule..." https://pressroom.vanguard.com/#/ https://pressroom.vanguard.com/nonindexed/Proposed-Delay-Comm...
by bzargarcia
Mon Mar 20, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: What is your preferred Weather App?
Replies: 55
Views: 5608

Re: What is your preferred Weather App?

I just Dark Sky most of the time, but when bad weather rolls in on use Storm by Weather Underground on iOS. I find its radar of storm cells to be very good. I just use the free ad version.

Weather Underground has a few different apps.
by bzargarcia
Thu Mar 16, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: conflict of interest [CFA vs. fiduciary]
Replies: 27
Views: 3001

Re: conflict of interest [CFA vs. fiduciary]

Fiduciary rules are very complex....I like this video breakdown from Michael Kitces.

https://www.youtube.com/watch?v=8hIc3MiyIWo


Bart
by bzargarcia
Mon Mar 06, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: Interesting interview with the head guy from Betterment
Replies: 19
Views: 3589

Re: Interesting interview with the head guy from Betterment

IMO Jon Stein is one of the good guys in investment management. I can't think of a single person under the age of 50 that has been such an advocate of the individual investor. Bart Why would he go on TV and lie to the individual investor if he were such an advocate? The evidence does not fit the th...