Search found 820 matches

by Dead Man Walking
Thu Jul 04, 2019 5:40 pm
Forum: Investing - Theory, News & General
Topic: VFMF (Vanguard Multifactor) == Closet Value Index Fund
Replies: 50
Views: 3929

Re: VFMF (Vanguard Multifactor) == Closet Value Index Fund

Check out "The Merits and Methods of Multi-Factor Investing" by S&P - https://www.spindices.com/documents/research/research-the-merits-and-methods-of-multi-factor-investing.pdf. Vanguard does not market these funds to retail investors and deliberately hides them from their retail website None of Va...
by Dead Man Walking
Wed Jul 03, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 47
Views: 11502

Re: Doubling Your Money

When I started investing, I invested in individual stocks. My broker told me that if I selected the stocks he recommended, I should double my investment in 5 years. I was young and dumb.

DMW
by Dead Man Walking
Wed Jul 03, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4594
Views: 1182045

Re: What Movie Have You Recently Watched?

A Star is Born on HBO. The movie was a good platform for Lady Gaga to demonstrate her talent without her usual makeup and costumes. Bradley Cooper portrays a sympathetic character, but it wasn’t his best work. It is a romantic tearjerker that my wife enjoyed. The suicide was tastefully depicted. No...
by Dead Man Walking
Wed Jul 03, 2019 5:31 pm
Forum: Personal Investments
Topic: Any idea why S&P 600 is not so hot these days?
Replies: 19
Views: 2613

Re: Any idea why S&P 600 is not so hot these days?

I think tariffs hurt the small companies more than they hurt the large companies. I have read that small companies would not be as affected by tariffs as large companies since they do most of their business within their home country. I have no idea which theory is more accurate. Tariffs probably ar...
by Dead Man Walking
Tue Jul 02, 2019 12:32 am
Forum: Personal Consumer Issues
Topic: Did Your Retirement Spend Preferences Change?
Replies: 10
Views: 1246

Re: Did Your Retirement Spend Preferences Change?

I spend money on an expensive cable TV package. I enjoy the variety of channels it provides. I can get most blockbuster movies for free about six months after they stop showing in theaters. I also enjoy the original programming offered on cable channels and premium channels. I didn’t watch much TV w...
by Dead Man Walking
Tue Jul 02, 2019 12:20 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1332
Views: 136633

Re: [What TV Show Have You Recently Watched?]

Yellowstone, Animal Kingdom, Queen of the South, Big Little Lies, and City on a Hill are series that I enjoy during the summer. I have an expensive cable package that includes several channels; consequently, these entertaining programs probably aren’t available to most frugal Bogleheads.

DMW
by Dead Man Walking
Tue Jul 02, 2019 12:06 am
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 126
Views: 24268

Re: The Fall of Consumer Reports

I’m a digital subscriber who views CR as one source of information about products. On many products I consider them to be an inadequate evaluator - electronics is one example. However, they may provide adequate information on many household items. Their selection of models to review frequently aren’...
by Dead Man Walking
Mon Jul 01, 2019 11:50 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1118
Views: 158572

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I recently had my 2014 CRV serviced. Honda sent me a survey asking me about my satisfaction with my dealer’s service. One of the questions asked me about my likelihood of purchasing another Honda. My response was that I would not buy another Honda due to this problem. If enough owners make this decl...
by Dead Man Walking
Sun Jun 30, 2019 1:23 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Is Active Management Skilled? If So, Who Benefits?
Replies: 1
Views: 543

Re: Larry Swedroe: Is Active Management Skilled? If So, Who Benefits?

I wonder if the active management curse will eventually effect multi-factor funds. I realize that these funds don’t pick individual stocks. I wonder if choosing a group of stocks with particular characteristics will be different than selecting individual stocks. Will factor managers be able to devel...
by Dead Man Walking
Sun Jun 30, 2019 12:53 am
Forum: Investing - Theory, News & General
Topic: Is anyone else worried about tech becoming too big/overvalued?
Replies: 54
Views: 4207

Re: Is anyone else worried about tech becoming too big/overvalued?

I’m actually more concerned about their dependence on China for manufacturing and rare earth metals. Of course, not all of them are dependent on China.

DMW
by Dead Man Walking
Thu Jun 20, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Low-Volatility Investing Works - Sometimes
Replies: 23
Views: 1706

Re: Larry Swedroe: Low-Volatility Investing Works - Sometimes

Low volatility will surely tank now that I’ve invested in Vanguard Global Minimum Volatility Fund. This was a defensive move made with new money. The fund has a quality tilt and also is a patient trader according to Morningstar. I was attracted to the fund’s portfolio which is about 45% large cap, 4...
by Dead Man Walking
Sat Jun 15, 2019 10:51 pm
Forum: Investing - Theory, News & General
Topic: Factors: After being spotted in the wild, where have they gone?
Replies: 22
Views: 2406

Re: Factors: After being spotted in the wild, where have they gone?

The graph below shows the return history of an equal-weighted portfolio of all 7 ETFs. “Live” returns of funds are used when available. Returns for earlier time periods are based upon “pro-forma” returns using their underlying indexes and expense ratios. The tendency for the performance of factor E...
by Dead Man Walking
Mon Jun 10, 2019 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Attn: teachers....Daughter considering 80% teaching position. Good idea?
Replies: 64
Views: 5043

Re: Attn: teachers....Daughter considering 80% teaching position. Good idea?

The students are the critical aspect of the choice. Behavior problems can break a rookie teacher. If the students in the Maine district come from “good” homes, take the chance. The fact that Maine doesn’t have proficiency testing is another positive. I spent a career in education and the juvenile ju...
by Dead Man Walking
Tue May 28, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: Chase YouInvest mutual funds list no longer needed
Replies: 5
Views: 1428

Re: Chase YouInvest mutual funds list no longer exists

What research from JP Morgan is available with a YouInvest account? I have little experience using JP Morgan research tools; however, other Bogleheads have criticized it in other posts about YouInvest. Since I am only interested in funds that follow indices or have a disciplined exposure to factors...
by Dead Man Walking
Mon May 27, 2019 5:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors Are For Holding
Replies: 26
Views: 2060

Re: Larry Swedroe: Factors Are For Holding

I’ll bite. Since factors are for holding, what are some retail multi factor funds that would be a good holding for a buy and hold investor. Most Bogleheads are familiar with value funds and small cap value funds; therefore, fund examples should go beyond their limited scope. An average diy investor ...
by Dead Man Walking
Mon May 27, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard leaves competitors in the dust for 2019, quadrupling the nearest competitor for new money
Replies: 4
Views: 1707

Re: Vanguard leaves competitors in the dust for 2019, quadrupling the nearest competitor for new money

JP Morgan was in a distant third place for the January-April 2019 period. I wonder if this is due to their YouInvest accounts. I have a YouInvest account; however, my investment in the account is in a Vanguard mutual fund. Is my account calculated as an influx of funds for JP Morgan or Vanguard? Per...
by Dead Man Walking
Thu May 23, 2019 9:46 pm
Forum: Personal Consumer Issues
Topic: Another Honda maintenance thread
Replies: 44
Views: 3485

Re: Another Honda maintenance thread

If you have a V6 Accord, the maintenance schedule says to change the timing belt at 90,000 miles. Honda dealerships concur with this. However, if the car is driven about 5,000 miles per year that would mean that the belt would not be replaced until the 18th year. Gates, the manufacturer of the timin...
by Dead Man Walking
Thu May 23, 2019 8:44 pm
Forum: Personal Consumer Issues
Topic: What is the best way to test drive cars?
Replies: 39
Views: 2981

Re: What is the best way to test drive cars?

The last time that my daughter-in-law bought a car a salesman took her license and kept it while she test drove the car. He tried to hold her license until the deal was made! She had to pressure him to get her license returned. She was upset and didn’t buy a car from that dealership. She is an educa...
by Dead Man Walking
Thu May 23, 2019 2:04 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Mgmt Whiffs On Factors
Replies: 19
Views: 1660

Re: Larry Swedroe: Active Mgmt Whiffs On Factors

I’ve been investigating multi factor funds and from my naive perspective, the methodology of many of them isn’t very transparent and seems to be similar to many of the active funds in which I have invested. I may not have enough information or the sophistication required to interpret the information...
by Dead Man Walking
Sat May 18, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: Factor ETFs For Diversification Or “Diworsification”
Replies: 126
Views: 6386

Re: Factor ETFs For Diversification Or “Diworsification”

Larry Swedroe continuously reminds us that “10 years is just noise in the financial data”. And Rick Ferri reminds us that if one is going to go the factor route, it’s a lifetime commitment. Alternative histories can always play out; I’m really interested to see how this history plays out. Dave For ...
by Dead Man Walking
Fri May 17, 2019 7:15 pm
Forum: Investing - Theory, News & General
Topic: how do Tariffs impact your portfolio?
Replies: 25
Views: 1364

Re: how do Tariffs impact your portfolio?

I don’t recall the source, but I read that tariffs have a lesser effect on small caps because their businesses tend to be localized. I have no idea if this true, but it seems reasonable. Consequently, small caps may outperform large caps if a full blown trade war materializes. Since I have a slight ...
by Dead Man Walking
Tue May 14, 2019 11:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service improving?
Replies: 9
Views: 1256

Vanguard customer service improving?

I handle most of my business with Vanguard via the website; however, I have used a telephone conversation to establish my qualified charitable deductions. I established voice recognition shortly after it became available. When I tried to use my voice as my password several months after I established...
by Dead Man Walking
Mon May 13, 2019 11:36 pm
Forum: Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 159
Views: 22140

Re: You Invest by JP Morgan Chase

Here is the list of funds available on the platform: https://am.jpmorgan.com/blob-pbstudio/1383554788690/83456/self_directed_mutual_fund_list.pdf . Most, if not all, Vanguard money market funds are available (Vanguard Prime Money Market Inv, Vanguard Federal Money Market Inv, Vanguard Municipal Mon...
by Dead Man Walking
Fri May 10, 2019 11:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Service
Replies: 9
Views: 1233

Re: Vanguard Service

At Vanguard ownership has no privileges! Does anyone believe that Vanguard really cares about losing investors? Millions don’t mean anything when you are talking trillions. Vanguard is simply another bloated big business that is not concerned about customer service for the vast majority of their cus...
by Dead Man Walking
Fri May 10, 2019 10:48 pm
Forum: Personal Investments
Topic: Chase You Invest for Taxable Account
Replies: 26
Views: 3095

Re: Chase You Invest for Taxable Account

Most Vanguard mutual funds are available on the YouInvest platform. Since I was a Premier account holder, I established a YouInvest account shortly after it was introduced with a beginning balance of $10. Once the account was established, I played around with the platform before I made a significant...
by Dead Man Walking
Wed May 08, 2019 11:59 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Post WWII US Returns’ Changing Nature
Replies: 33
Views: 3448

Re: Larry Swedroe: Post WWII US Returns’ Changing Nature

In fact, the stock market owes much of its return over the past 30 years not to economic growth but to shareholders earning an increasing share of that growth at the expense of workers. And this can only go so far before political actions occur (and we may be approaching that point). This growth at...
by Dead Man Walking
Sun May 05, 2019 12:00 am
Forum: Investing - Theory, News & General
Topic: Share Buybacks — Savior of the U.S. Equity Market?
Replies: 58
Views: 4292

Re: Share Buybacks — Savior of the U.S. Equity Market?

As a mutual fund investor, total return is my primary concern; consequently, I have never understood this argument. However, I can understand the concerns about executive compensation. John C. Bogle addressed executive compensation in his book The Battle for the Soul of Capitalism . That book enhanc...
by Dead Man Walking
Sat May 04, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: Chase YouInvest mutual funds list no longer needed
Replies: 5
Views: 1428

Re: Chase YouInvest mutual funds list no longer exists

My original post pointed out that the PDF file was no longer available. The list really isn’t needed! When I accessed my investment account recently, I found the list of funds when I clicked on Find investments. The Quick find states that 3,269 mutual funds are available. One of the filters for find...
by Dead Man Walking
Wed May 01, 2019 11:27 pm
Forum: Investing - Theory, News & General
Topic: Do You Believe 10 Years Return Data Is Just Noise?
Replies: 57
Views: 3477

Re: Do You Believe 10 Years Return Data Is Just Noise?

Dave, I’m a skeptic by nature; therefore, I don’t believe historical returns are relevant when predicting future returns. I believe that it may be different in the future. I agree with Larry’s idea that a decade is a short timeframe when predicting market returns. However, I believe that investors a...
by Dead Man Walking
Tue Apr 30, 2019 12:27 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Using Valuation Metrics
Replies: 106
Views: 5296

Re: Larry Swedroe: Using Valuation Metrics

There are many relevant points made in the above posts. Perhaps the most important aspect for the typical investor is determining his risk tolerance, which has a significant impact on determining his asset allocation. Most investors are dollar cost averaging into some type of retirement plan. The ab...
by Dead Man Walking
Tue Apr 23, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Variance Risk Premium Evidence
Replies: 84
Views: 3932

Re: Larry Swedroe: Variance Risk Premium Evidence

DMW, Yes clearly different from Taylor’s. But I’m going to disagree with you on one thing. Rebalancing a 5 or 10 fund portfolio is not significantly different from rebalancing a three fund portfolio. I don’t think rebalancing is a very good reason to avoid having a few more funds or to hire an advi...
by Dead Man Walking
Mon Apr 22, 2019 11:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Variance Risk Premium Evidence
Replies: 84
Views: 3932

Re: Larry Swedroe: Variance Risk Premium Evidence

Dave: I know that you are a knowledgeable investor. Would you be kind enough to let us see your current portfolio? Best wishes. Taylor Not sure about knowledgeable investor. Seem to remember Buffett saying something to the effect that when dumb money recognizes it's dumb, it suddenly becomes very s...
by Dead Man Walking
Fri Apr 19, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 80
Views: 5352

Re: In which companies do you own a single share, or token amount, of stock?

I own Prudential stock that was given to policy holders when the company demutualized. I keep it because the qualified dividends are comparable to treasury bills and to avoid capital gains taxes. The cost basis is zero for the shares.

DMW
by Dead Man Walking
Fri Apr 19, 2019 4:09 pm
Forum: Personal Investments
Topic: YouInvest Account
Replies: 9
Views: 1099

Re: YouInvest Account

I noticed that the list of mutual funds available for purchase is no longer available on the trading platform. The PDF file was cumbersome which may be the reason it was discontinued. I purchased a Vanguard fund with no problem.

DMW
by Dead Man Walking
Mon Apr 15, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")
Replies: 59
Views: 8549

Re: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")

Before I buy a fund, I look at the fund’s portfolio. I’ve noticed that many active funds often have a position in an ETF that is within the scope of its investment objectives. The manager may be using the ETF rather than cash as he waits for a buying opportunity that interests him. That would be an ...
by Dead Man Walking
Wed Apr 10, 2019 2:40 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 13134

Re: International under-performance

Globalization is the primary reason that I invest in global and international funds. Excellent companies are headquartered in countries around the world. Many brewing companies are headquartered outside the USA. Joe Sixpack is going to buy beer worldwide. GM is building Buicks in China, VW builds ca...
by Dead Man Walking
Tue Apr 09, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?
Replies: 28
Views: 2223

Re: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?

<t>I’m retired and have a defined benefit pension that more than funds my expenses; consequently, my entire portfolio is available for emergencies. However, I have friends who have separate bank accounts for car purchases, vacations, home improvements, etc. When I need a new car or a home improvemen...
by Dead Man Walking
Tue Apr 09, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: ST TIPS
Replies: 8
Views: 857

Re: ST TIPS

I have used short-term bond funds for several years. I own Wellington; consequently, I own some longer term bonds. I prefer to take risk with small cap equities - both domestic and international. I hope my equity funds will provide return as my bond funds and CDs provide stability. My tips allocatio...
by Dead Man Walking
Tue Apr 09, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 4220

Re: What websites do you use for the latest investing news?

I sometimes switch to one of business channels at 4 pm to see how the market performed that day. Daily market moves don’t influence my investment decisions. I like to compare the yields on treasuries to the yields on CDs of similar duration.

DMW
by Dead Man Walking
Sat Apr 06, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: Chase YouInvest mutual funds list no longer needed
Replies: 5
Views: 1428

Chase YouInvest mutual funds list no longer needed

Please read the updated post below! The Chase YouInvest website had a list of no load and load waived mutual funds available for investment. The list was a PDF file that could be found under mutual funds in the FAQ section. When I looked for it today, it was no longer listed; however, there were se...
by Dead Man Walking
Sun Mar 31, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 205
Views: 12343

Re: Vanguard - Will they ever upgrade their site?

I haven’t had major issues with Vanguard’s website. I rarely use the site for anything other than checking account balances and rebalancing. I’m still using the old mutual fund platform, which may be another reason that I haven’t experienced many problems. However, I recently went to the personal in...
by Dead Man Walking
Sun Mar 31, 2019 12:01 am
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 16071

Re: Indexing beats Wellington and Wellesley right?

Survivorship bias hasn’t been mentioned. It’s hard to beat Wellington’s survivorship. 1928 was a long time ago.

DMW
by Dead Man Walking
Fri Mar 29, 2019 4:00 am
Forum: Investing - Theory, News & General
Topic: What’s a reasonable bid-ask spread for an ETF?
Replies: 21
Views: 1067

Re: What’s a reasonable bid-ask spread for an ETF?

I am not experienced with ETF trading. Wouldn’t a prudent buyer use limit orders?

DMW
by Dead Man Walking
Fri Mar 29, 2019 3:49 am
Forum: Investing - Theory, News & General
Topic: Anyone else concerned about future tinkering of LS Funds?
Replies: 21
Views: 1755

Re: Anyone else concerned about future tinkering of LS Funds?

Anyone who has followed Vanguard index funds and Life Strategy Funds knows that Vanguard doesn’t have a problem changing indices for their funds. Furthermore, Vanguard has no problem changing the asset allocation of Life Strategy Funds or Target Retirement Funds. If an investor doesn’t agree with th...
by Dead Man Walking
Mon Mar 25, 2019 11:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2373

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

The only danger that I can see from a shift to index/passive investing is that individual companies will be able to pass initiatives at shareholders meetings that may benefit the management team and not the majority of shareholders. Index funds may truly be passive in their voting. I may be wrong ab...
by Dead Man Walking
Mon Mar 25, 2019 10:57 pm
Forum: Investing - Theory, News & General
Topic: New Brokerage platform
Replies: 10
Views: 1183

Re: New Brokerage platform

I hold mutual funds at Vanguard and have not switched to the brokerage platform because I prefer the year end statements of the mutual fund platform. If I am forced to switch to the brokerage platform, I will probably maintain my IRA accounts with Vanguard; however, I may transfer my taxable account...
by Dead Man Walking
Thu Mar 21, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Computer security
Replies: 52
Views: 3570

Re: Computer security

You fellas have managed to scare the hell out of a paranoid old man. My WiFi can not be accessed beyond my property line and I never use public WiFi. Am I still vulnerable?

DMW
by Dead Man Walking
Mon Mar 18, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 16379

Re: Are Vanguard Mutual Funds dying?

Vanguard may choose to convert mutual funds that have an equivalent ETF to ETFs. Target Retirement Funds and Life Strategy Funds could easily use ETFs as their underlying investments. Converting active mutual funds to ETFs may not be so easy. Will the crack IT department at Vanguard be able to make ...
by Dead Man Walking
Sun Mar 17, 2019 3:09 pm
Forum: Investing - Theory, News & General
Topic: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"
Replies: 26
Views: 2261

Re: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"

Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument. For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year. After 10 years, 85 percent of large cap funds underpe...
by Dead Man Walking
Sat Mar 16, 2019 11:49 pm
Forum: Investing - Theory, News & General
Topic: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"
Replies: 26
Views: 2261

Re: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"

Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument. For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year. After 10 years, 85 percent of large cap funds underpe...