Search found 2104 matches

by matjen
Tue Sep 17, 2019 7:52 am
Forum: Investing - Theory, News & General
Topic: DCA vs. Lump Sum- an interesting analysis
Replies: 62
Views: 3853

Re: DCA vs. Lump Sum- an interesting analysis

Thanks for the link OP. Nick's stuff is almost always very good. A worthwhile read for sure. :beer
by matjen
Fri Sep 06, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 325
Views: 34646

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I own it and slowly adding each month in an HSA. I view it as a compliment to my AQR Style premia position which has suffered mightily the past 1.5 years or so.
by matjen
Fri Sep 06, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: The Art and Science of Knowing What You Own - Magnetar
Replies: 3
Views: 753

Re: The Art and Science of Knowing What You Own - Magnetar

????? Whoa.... Magnetar... Magnetar ... is there more than company with that name, or is that the company that... yeah... it's that Magnetar. See 2006-2007 Involvement with CDOs . I'll let Wikipedia summarize the explosive allegations against Magnetar, which, they note, Magnetar denies. A BusinessI...
by matjen
Thu Sep 05, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: The Art and Science of Knowing What You Own - Magnetar
Replies: 3
Views: 753

The Art and Science of Knowing What You Own - Magnetar

I thought this was a very good overview of investing options available to current investors and how we got here. Lots of credit to Jack Bogle and some preliminary discussion around alpha disappearing and alternative premia replacing it. Very much the Asness, Swedroe story. I'm looking forward to the...
by matjen
Thu Aug 29, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]

I am a tilter but I am actually impressed by the humility of the TSM-only crowd. I believe proponents of other strategies would be spiking the football much harder in a period where their strategy had recent strong performance. Sure some members of the TSM-only crowd are doing this a little bit by ...
by matjen
Thu Aug 29, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 5956

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

On more than one occasion I have heard Dr. Bernstein say that he didn't think factors would perform as well moving forward as they have in the past. Most recently on the White Coat Investor podcast earlier this summer. His reason for that is that more people invest that way, prices bid up, etc. Othe...
by matjen
Thu Aug 29, 2019 10:29 am
Forum: Personal Investments
Topic: Leave BAM for Vanguard or Fidelity?
Replies: 61
Views: 4656

Re: Leave BAM for Vanguard or Fidelity?

VSMGX has more International than DGSIX. Vanguard LifeStrategy Moderate Growth is 40% Intl while DFA Global is only 30% Intl. Fair point. I actually didn't read the fine print on the "Exposures" section of Portfolio Visualizer. Though if you go a section down it does show the International allocati...
by matjen
Thu Aug 29, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]

As someone who is a self-directed factor investor, I find your argument about a slippery slope extremely unconvincing, like most slippery slope arguments. I chose which factors I wanted, investigated others, and decided not to invest in them. It wasn't difficult. It wasn't difficult perhaps to arri...
by matjen
Thu Aug 29, 2019 10:03 am
Forum: Personal Investments
Topic: Leave BAM for Vanguard or Fidelity?
Replies: 61
Views: 4656

Re: Leave BAM for Vanguard or Fidelity?

" Partially " LOL. OK. Sure let's go with that. As long as we agree that I am mostly correct and you are partially correct. :beer Also that your initial language was mostly hyperbolic. :P I can go with that. Let's put some numbers out there. Please report the YTD returns of: VTSAX total US index fu...
by matjen
Thu Aug 29, 2019 9:26 am
Forum: Personal Investments
Topic: Leave BAM for Vanguard or Fidelity?
Replies: 61
Views: 4656

Re: Leave BAM for Vanguard or Fidelity?

And that difference is surely due to the DFA fund being roughly 20% International and the Vanguard Fund being roughly 0% Correct? No, that difference is also partially due to SCV having a total return less than Total Market. It is also partially due to the shorter average duration of the bonds in t...
by matjen
Thu Aug 29, 2019 7:38 am
Forum: Personal Investments
Topic: Leave BAM for Vanguard or Fidelity?
Replies: 61
Views: 4656

Re: Leave BAM for Vanguard or Fidelity?

VBIAX Vanguard Balanced Index fund with 60/40 AA has YTD return of 13.75% DGSIX DFA Global Allocation 60/40 I fund with 60/40 AA has YTD return of 9.29% Would I rather have 13.75% total return from a 60/40 portfolio than 9.29% from a 60/40 portfolio? Yes, I would. That difference of about 4.5% is s...
by matjen
Mon Aug 26, 2019 11:34 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]

But what I'm trying to say is that we cannot have an actual discussion when the people involved don't even agree on what the definition of the words means. It's like trying to argue a point in a foreign language. Neither side understands what the other is saying. And at least one party to the conve...
by matjen
Mon Aug 26, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]

Perhaps Taylor's confusion is because he believes that since TSM includes both 'value' and 'growth' stocks that TSM is then exposed to both factors . willthrill81: Seems logical to me. Doesn't make it right nor a matter of opinion. For those of you trying to "assist" or "help" Taylor understand thi...
by matjen
Fri Aug 23, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: Anybody else's Fidelity accounts zeroed out?
Replies: 44
Views: 4666

Re: Anybody else's Fidelity accounts zeroed out?

Same here. I'm suddenly broke! :annoyed
by matjen
Fri Aug 23, 2019 9:05 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Factor Investing Works (Despite What Some May Say)

Yes outside of having an advisor with access the only other way I am familiar is an employer plan. The Utah 529 plan is another DFA option fwiw. https://my529.org/performance-returns/ I don't necessarily endorse them, but the John Hancock ETFs are managed by DFA. https://www.jhinvestments.com/inves...
by matjen
Fri Aug 23, 2019 5:35 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Factor Investing Works (Despite What Some May Say)

Lee_WSP wrote:
Fri Aug 23, 2019 5:26 pm
EnjoyIt wrote:
Fri Aug 23, 2019 10:02 am
Is it just me, or are all these Larry Swedroe articles nothing more than a sales pitch of which we rehash the same thing every week?
I'm starting to feel that way too.
Perhaps you folks shouldn't read them and partake in these discussions then? Problem solved!
by matjen
Fri Aug 23, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Factor Investing Works (Despite What Some May Say)

abuss368 wrote:
Fri Aug 23, 2019 10:55 am

Yes outside of having an advisor with access the only other way I am familiar is an employer plan.
The Utah 529 plan is another DFA option fwiw.
https://my529.org/performance-returns/
by matjen
Fri Aug 23, 2019 9:39 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Factor Investing Works (Despite What Some May Say)

Thank you very much. That’s is helpful. LucyB, the other piece of advice I would suggest is to ensure your DFA funds are set to reinvest dividends. Once you separate from a DFA advisor you are no longer able to purchase new DFA funds BUT your existing funds can still reinvest their dividends. This ...
by matjen
Fri Aug 23, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Factor Investing Works (Despite What Some May Say)

Thank you for all of the above comments and thoughts. I am relatively unsophisticated in investing. I have been reading this site for the past couple of years trying to get educated. It is a bit overwhelming. We were in a DFA Advisor managed account from 2005 through 2017. They were years where wor...
by matjen
Sun Aug 18, 2019 6:37 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Small Value Stocks are Cheap

Can someone explain to me what exactly the factor camp invests in? Even better if you can break it down by XX% in XYZ fund, etc. And also the reasons they invest that way. I get the Larry portfolio, there's a prospectus on that one. I present to you what IMO is the greatest post in Boglehead histor...
by matjen
Sat Aug 17, 2019 10:26 pm
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 11829

Re: Come over to the Liability Matchng portfolio side: the water is fine

Well I would certainly agree that a customized approach could well be better. I'm always looking for good enough because I am lazy. :D The DFA offering has been discussed in the past a few times but never really seems to catch on in this forum for whatever reason. I think this thread has some good i...
by matjen
Sat Aug 17, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Small Value Stocks are Cheap

Many of Taylor's statements regarding factor investing are, quite simply, wrong, and that assessment has nothing to do with the merits of any particular strategy. I think it is in the best interest of the forum to point out when incorrect information is posted, regardless of the source or topic. Th...
by matjen
Sat Aug 17, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 11829

Re: Come over to the Liability Matchng portfolio side: the water is fine

For those who are giving serious consideration to LMP, I humbly provide our personal example. I am 70, recently retired from a very satisfying career in medicine (internal medicine essentially - not a procedural specialist), married to a soon to be retiring 60 year old RN. We raised our three daugh...
by matjen
Fri Aug 16, 2019 10:48 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 28970

Re: Larry Swedroe: Small Value Stocks are Cheap

Vanguard investment experts recommend a Four Fund Portfolio that includes U.S. and International stocks and bonds. Everything else is noise and will revert to the mean. Keep investing simple. What mean? If size and value represent additional risk factors with associated premia beyond market beta, w...
by matjen
Sat Aug 10, 2019 7:52 am
Forum: Investing - Theory, News & General
Topic: Trying to hit Robert T's factor targets in a three fund portfolio
Replies: 19
Views: 1818

Re: Trying to hit Robert T's factor targets in a three fund portfolio

Where Robert T uses four funds to achieve his goal, why the desire to squeeze that acceptable allocation to three funds? Four, focused funds, will likely be better than three, more blended funds, since the external rebalancing is likely a source for some of the attractive returns. I'm not aware of ...
by matjen
Fri Aug 09, 2019 7:26 pm
Forum: Investing - Theory, News & General
Topic: Trying to hit Robert T's factor targets in a three fund portfolio
Replies: 19
Views: 1818

Re: Trying to hit Robert T's factor targets in a three fund portfolio

Hi Matjen, Thank you for the link to 1966, I wasn't even born then and a few other things have changed too I would imagine. Anyway, where can I buy the FF Small Value fund and FF Large Value fund? I want to know how to recreate the exact same returns as the FF Value series using funds available in ...
by matjen
Fri Aug 09, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: Trying to hit Robert T's factor targets in a three fund portfolio
Replies: 19
Views: 1818

Re: Trying to hit Robert T's factor targets in a three fund portfolio

Most important question though for OP is why are you trying to create such a portfolio, when the evidence now points that it may or may not work. We are now at 15 years of small and value factors under performing and same with EM. How many years are you willing to bet on such a strategy, and why is...
by matjen
Mon Aug 05, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

Matjen, the above was from Oct 2018. When can we expect the Audi / Mercedes / Porsche? Long before Tesla's full self driving, battery swapping, and perhaps even advanced summon. "3 months maybe, 6 months definitely." :P I heard Audi had to slow down its e-Tron rollout but they are available in the ...
by matjen
Mon Aug 05, 2019 11:43 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

Key takeaways (TL;DR): - Non-Tesla high speed charging infrastructure is a joke. The chargers are few and far between and aren't reliable. Good luck to all those new Porsche Taycan owners who won't be able to take their cars on any road trips. Tesla was and is the only EV car supplier with the visi...
by matjen
Mon Aug 05, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

I am hesitant to buy one in locations with brutal winters. How is the battery life? Battery life should be fine in a well designed modern EV. The range in cold weather is the issue. Figure a 40%+ reduction in range and the range figures are very optimistic to start with. You would be best served to...
by matjen
Sun Aug 04, 2019 4:16 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

There are plenty of competitors depending on what is important to you. Here is a very fair and thorough comparison of less expensive EVs. (The Model 3 ties for first but this doesn't take into account the well documented service & repair issues. The current cheap Model 3 is more than this now I beli...
by matjen
Sun Aug 04, 2019 1:48 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

If only Elon would bundle Tesla Model 3s with whole life insurance. Oh , we can't imagine the wrath from Bogleheads! He has already pumped with insurance that (as far as I know) does not exist. The best thing about him "offering" whole life insurance is that it too would likely not exist for a very...
by matjen
Sat Aug 03, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

TomatoTomahto wrote:
Sat Aug 03, 2019 3:19 pm

I have promised myself in the past to stay out of Tesla threads. I will again try to heed my own advice.
We both know this won't happen (and I sincerely hope it doesn't) since it is like the fifth time you have said it. :D
by matjen
Sat Aug 03, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

Personal experiences are characterized as fanboy, but “I heard” is apparently to be relied on. I wonder who else does that all the time? I have a better thought. Perhaps actually challenge and disprove what others have "heard" rather than that they "heard" it. It seems a fanboy would try and questi...
by matjen
Sat Aug 03, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

Who are you? And what did you do with matjen??? :-) LOL! :D I always am supportive of forum member's poor decisions. ;-) Speaking of poor decisions, I hear that free unlimited supercharging is back on the menu for Model S and X variants. What a scam this thing is. Imagine dropping 75K-125k on a car...
by matjen
Thu Aug 01, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

Congrats 4nursebee! Even I am tempted by the bargain pricing on the performance spec. Enjoy it.
by matjen
Sun Jul 28, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 150
Views: 11461

Re: Changes to Morningstar Website?

I have yet to dig into the changes. I am a subscriber but that may change. However, right off the bat I have noticed that I have now lost the link to Robert T.'s .2/,4 size/value model portfolios with the change. Annoying. :annoyed Well today I can get to Robert T.'s model portfolios. Hope it stays...
by matjen
Sat Jul 27, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 150
Views: 11461

Re: Changes to Morningstar Website?

I have yet to dig into the changes. I am a subscriber but that may change. However, right off the bat I have noticed that I have now lost the link to Robert T.'s .2/,4 size/value model portfolios with the change. Annoying. :annoyed
by matjen
Fri Jul 26, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: C8 Corvette - who is buying?
Replies: 125
Views: 9668

Re: C8 Corvette - who is buying?

Here’s an interesting Road and Track article where they ran two Model 3 Performance models on the Lime Rock autocross track in NY. They utilized the new “Track Mode” in the Model 3 Performance. Gist of the article is that the Tesla could hang with competitors such as the BMW M3 pretty good overall ...
by matjen
Wed Jul 24, 2019 9:55 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1027
Views: 139445

Re: Happiness

Congratulations! Fantastic news for you and your family. :beer
by matjen
Tue Jul 23, 2019 10:41 am
Forum: Personal Consumer Issues
Topic: C8 Corvette - who is buying?
Replies: 125
Views: 9668

Re: C8 Corvette - who is buying?

My god, why does every car conversation have to involve Tesla? Did someone say something about Tesla? I felt a disturbance in the Matrix. Let me guess, a silly comparison was made. :twisted: C8 looks really interesting. I am most interested to see how the the dual clutch transmission is reviewed. T...
by matjen
Thu Jul 18, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

All true but you left out two of my favorites from real life: Your car which you brought in for trade in valuation is being driven for evaluation so you need to wait much longer with salesman here. Initial this price and will get sales manager approval. Wait 20 minutes while manager and salesman dr...
by matjen
Wed Jul 17, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

For those that have a 3, which do you have and why that version? Would you repeat? LR AWD V Performance seems a toss up to me. Performance price just slashed. FWIW. Gotta love all the price manipulation that is constantly happening. I don't think this includes the back and forth on supercharging ei...
by matjen
Tue Jul 16, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 48361

Re: Talk me out of buying a Tesla Model 3

Forget a private company. I am still waiting for a wall as promised nearly 4 years back. All those are just that - Promises. Do you really document every promise that someone said (even if it is not relevant to you) and check back every so often? If so, please do provide your list here for our own ...
by matjen
Mon Jul 15, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 9387

Re: RTM

Which gets us to your second question: what we Bolgeheads should do with our own portfolios. I think it's totally reasonable for investors to conclude (for whatever reason) that they are content to simplify their equity investments to a single factor like market beta and absolutely minimize possibl...
by matjen
Sat Jul 13, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 9387

Re: Small-Cap Value Funds: Then And Now

The purpose of my post was to show the danger of factor funds seriously under-performing the market. Even if the money is not needed, no one enjoys owning a fund that needs constant re-balancing and also trails the market. The solution is to own a simple, low-cost, diversified total market index fu...
by matjen
Sat Jul 13, 2019 11:58 am
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 26403

Re: Why factor investing isn't working

YRT70 wrote:
Sat Jul 13, 2019 11:40 am

Thank you. So there's 6 portfolios there. He holds all of them?

Just making sure I understand this correctly.
The one labelled ETF (not DFA or Total Market or whatever).
by matjen
Sat Jul 13, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 26403

Re: Why factor investing isn't working

Thanks for sharing. What does your portfolio exactly look like? (or maybe you've answered this somewhere else?) See my post upthread for Robert T.'s magnum opus. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=284989&start=200#p4636710 Great explanation here: https://www.bogleheads.org/forum/...
by matjen
Sat Jul 13, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1014
Views: 212330

Re: Tesla S

OP here. It’s been 7 years since I posted my message of excitement over Tesla. I kept up with information on the products and the company and in late March of 2019 I took home a model 3. On June 7th of 2019 I was involved in a hit and run collision. I escaped uninsured. My car sustained $13,000. da...
by matjen
Thu Jul 11, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 26403

Re: Why factor investing isn't working

What about funds for a comprehensive portfolio construction? A factor portfolio is challenging to implement for a DIY investor. Although you would need DFA access let me toss out my "Taylor Swedroe" Portfolio as an option. https://www.bogleheads.org/forum/viewtopic.php?t=250534&start=50#p3953102 Yo...