Search found 679 matches

by Dead Man Walking
Thu Sep 20, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs vs Traditional Mutual Funds
Replies: 5
Views: 391

Re: Vanguard ETFs vs Traditional Mutual Funds

This is why Vanguard is urging investors to enroll in brokerage accounts. ETFs are the funds of the 21st century. I would not be surprised if all new funds are ETFs. This seems to be the trend with factor based funds and esoteric index funds.

DMW
by Dead Man Walking
Sun Sep 16, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 142
Views: 9916

Re: Age in Bonds - Still Recommended?

I wonder if the responses would be different if this question were asked in the 1970's.

DMW
by Dead Man Walking
Thu Sep 13, 2018 11:50 pm
Forum: Investing - Theory, News & General
Topic: The Problem for Active Management Isn't Indexing
Replies: 7
Views: 941

Re: The Problem for Active Management Isn't Indexing

Their study indicates that only 28% of equities are held by index funds, active funds, and ETFs. Now that is interesting. I can't help but wonder what the breakdown of the other 72% is. Provided the numbers are accurate. I can't verify Blackrock's statistics; however, you have pointed out what I fo...
by Dead Man Walking
Thu Sep 13, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 5830

Re: Vanguard Switch to Brokerage Accounts

A mandatory switch to brokerage accounts would demonstrate the weakness of Vanguard's IT department. A representative should be able to determine the type of account an investor has when he calls. A mouse click or touch on his monitor should take him to the appropriate platform. This should not be a...
by Dead Man Walking
Thu Sep 13, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: The Problem for Active Management Isn't Indexing
Replies: 7
Views: 941

Re: The Problem for Active Management Isn't Indexing

Read the article just the other day. It seems to me the author does not realize that "professionally managed assets" does include index funds. The author quoted a Blackrock study about index mutual funds, ETFs, and active funds. Since Blackrock sponsors iShares ETFs, I'm pretty sure that they know ...
by Dead Man Walking
Thu Sep 13, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: The Problem for Active Management Isn't Indexing
Replies: 7
Views: 941

The Problem for Active Management Isn't Indexing

The Problem for Active Management Isn't Indexing according to a recent Rekenthaler Report.

https://www.morningstar.com/articles/88 ... exing.html
by Dead Man Walking
Wed Sep 12, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benchmark Smoke And Mirrors
Replies: 14
Views: 1136

Re: Larry Swedroe: Benchmark Smoke And Mirrors

Aren’t we all overthinking this? Isn’t the true benchmark of a fund what you would have invested in, in its place? This is the system that I use when comparing funds. I often use DFA funds as a benchmark. I always consider the cost of an advisor when comparing DFA funds to funds offered by other fu...
by Dead Man Walking
Mon Sep 10, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Need an independent insurance adjuster?
Replies: 5
Views: 528

Re: Need an independent insurance adjuster?

Over 25 years ago, my parent's 2 story garage burned down. The garage was a storage area for many antiques and power equipment. Allstate Insurance gave my dad the run around, and he decided to consult an independent insurance adjuster who was a member of his church. The adjuster achieved a much bett...
by Dead Man Walking
Mon Sep 10, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 5565

Re: Low pay and low stress jobs with health benefit

Many posts have mentioned a public school setting. If you want a low stress position in the public schools, consider a custodian/janitorial position that cleans the school after the school day is over. The kids are gone and the staff leaves shortly after their shift begins. If you show a little init...
by Dead Man Walking
Fri Sep 07, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Where's the Inflation Hedge for Short-Term TIPS?
Replies: 79
Views: 4501

Re: Where's the Inflation Hedge for Short-Term TIPS?

I was alive and beginning to invest during the 1970's and 1980's; consequently, I may be hypersensitive to inflation. I have invested in TIPs funds and I bonds due to my experiences. However, the role of central banks in the current environment makes me wonder if inflation will ever spiral out of co...
by Dead Man Walking
Thu Sep 06, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Myth Busting on Index Funds
Replies: 16
Views: 4044

Re: Myth Busting on Index Funds

Larry, You state that your firm recommends that clients hold 12,000-20,000 stocks. Together Vanguard TSM and Total International hold 10,008 stocks. Since you recommend far more stocks, I wonder if Vanguard's total market funds are truly "total market" funds. Knowing that you lean toward small caps,...
by Dead Man Walking
Tue Sep 04, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard free RMD service
Replies: 5
Views: 993

Re: Vanguard free RMD service

Go to Vanguard.com. Type rmd service in the search box. The search will give you the link to establish the free service. As I recall, Vanguard sent me a message when I was nearly 70.5 years of age asking if I wanted to use the service. My tIRA account is a rollover from an employer account. This may...
by Dead Man Walking
Tue Sep 04, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 7663

Re: I still use cash not credit cards should I reconsider?

The number one reason that I use my credit cards is that many cashiers can't count out change even if the cash register shows them what it should be.
by Dead Man Walking
Mon Sep 03, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 100
Views: 7341

Re: Is it time to go shorter in bonds ?

For a mutual fund investor, should the allocation to TIPS be invested in Inflation-Protected Securities Fund (VIPSX) or Short-term Inflation-Protected Securities Index Fund (VTAPX)? It depends on what you are trying to accomplish with the investment and what your other holdings would be. If you are...
by Dead Man Walking
Mon Sep 03, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 100
Views: 7341

Re: Is it time to go shorter in bonds ?

Generally, you should be focused on your overall portfolio. Nominal bonds are not a good investment for a retiree if that is all they held. They are too exposed to inflation risk. If you are 75% or more allocated to bonds, they should be TIPS. For a mutual fund investor, should the allocation to TI...
by Dead Man Walking
Mon Sep 03, 2018 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 100
Views: 7341

Re: Is it time to go shorter in bonds ?

I have chosen to use short-term bond funds in my portfolio because I have chosen to take risk on the equity side. According to the Vanguard site, I have not achieved the returns that I could have had I invested in either the intermediate or the long-term bond index funds. If I had invested in the in...
by Dead Man Walking
Sat Aug 25, 2018 12:56 am
Forum: Investing - Theory, News & General
Topic: Short term TIPS fund vs TIPS fund in Roth IRA
Replies: 3
Views: 329

Short term TIPS fund vs TIPS fund in Roth IRA

I'm wondering which Vanguard TIPS fund is better for a Roth IRA account - Vanguard Short-term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) or Vanguard Infation-Protected Securities Fund (VIPSX). Based on the expense ratios and duration of the funds, I'm guessing that VTAPX is the...
by Dead Man Walking
Mon Aug 20, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: According to BKM, value and small firms may do worse in economic downturn
Replies: 24
Views: 1229

Re: According to BKM, value and small firms may do worse in economic downturn

I've read that small caps may do better if a trade war based on tariffs develops because their business is localized. This may be bs, but it seems to be a reasonable theory.

DMW
by Dead Man Walking
Mon Aug 20, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active’s Surprising Survival
Replies: 11
Views: 1044

Re: Larry Swedroe: Active’s Surprising Survival

Active management may survive due to investment in active funds by investment advisors. I live in the sticks and every investment advisor in my area puts clients in active funds. Although many folks have smart phones, they don't have the confidence or intelligence to invest via the internet. They ne...
by Dead Man Walking
Mon Aug 20, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 69895

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Jonathan Clements' Saturday morning perspective on Fidelity's zero funds: http://www.humbledollar.com/2018/08/low-fidelity/ Clements may have hit the most important aspect of Fidelity's zero push when he pointed out that Fidelity now offers funds at a zero minimum investment. Vanguard's $3,000 mini...
by Dead Man Walking
Wed Aug 15, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Betting Against Beta
Replies: 12
Views: 1520

Re: Larry Swedroe: Betting Against Beta

Since the current bull market is rather long in the tooth, would betting against beta be market timing if an investor chose to sell his high beta funds now?

DMW
by Dead Man Walking
Sun Aug 12, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 42
Views: 3422

Re: Buy back service time on pension

I would buy those service years if you are sure you want to stay in the county system for employment. If you are, it would be silly not to. I bought back a year under the state pension system and I definitely don't regret it. -TheDDC [/quote] That's the easier call. The harder call is whether I sho...
by Dead Man Walking
Fri Aug 10, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Have you rebalanced to bonds this year?
Replies: 25
Views: 2272

Re: Have you rebalanced to bonds this year?

I'm waiting for a market correction to automatically rebalance my portfolio. I have usually rebalanced with new money; however, my new money is going to a remodeling project.

DMW
by Dead Man Walking
Thu Aug 09, 2018 1:09 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21517

Re: "Don't Obsess About Expense Ratios"

I've invested with Fidelity and Vanguard for decades. I'm amused by the posts that discuss the advantages of the personal service provided by Fidelity. When I began investing with these investment companies, I called each; and they snail mailed the forms that were required to open an account. I didn...
by Dead Man Walking
Sun Aug 05, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4810

Re: Dear BH, what are non-BH actions you do?

I own actively managed funds. Currently, all of them are Vanguard funds.

DMW
by Dead Man Walking
Sun Aug 05, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Market Timing Bonds vs. Money Market with Rising Interest Rates
Replies: 27
Views: 3046

Re: Market Timing Bonds vs. Money Market with Rising Interest Rates

Like many posters here, my bond investments are short-term bonds because I prefer to take risk with equities. In the current environment, I'm putting new money in money market funds rather than bond funds. I'm basing my decision on recent total return numbers. If this is market timing, I'm guilty. I...
by Dead Man Walking
Fri Aug 03, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Fidelity eliminated $50 IRA closeout fee
Replies: 9
Views: 1552

Re: Fidelity eliminated $50 IRA closeout fee

We had many threads over the years from posters annoyed by a $50 fee charged by Fidelity for closing out an IRA. Some leave a small balance in a Fidelity IRA simply to avoid this fee. Fidelity charges to close accounts! 50.00 Fee from Fidelity for transfer Annoyed with Fidelity A small rant about a...
by Dead Man Walking
Fri Aug 03, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Next trillion market cap, MSFT, AMZN, GOOG?
Replies: 6
Views: 803

Re: Next trillion market cap, MSFT, AMZN, GOOG?

Saudi Arabian Oil will be next if the proposed IPO is ever offered.

DMW
by Dead Man Walking
Tue Jul 31, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 176
Views: 9759

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

Although we don't have any plans to travel internationally, my wife and I have air ambulance service insurance. We live in a rural area that is serviced by a small hospital. The emergency department is very competent with diagnosis, and they are smart enough to know what they can handle and what is ...
by Dead Man Walking
Mon Jul 30, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 77
Views: 8831

Re: Vanguard Precious Metals and Mining Fund is changing

If one is thinking of investing in sector funds, why not try to determine which sector will be hot and choose the Fidelity sector fund that invests in that sector.

DMW
by Dead Man Walking
Mon Jul 30, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Are stocks dangerously overvalued? Not according to new Vanguard yardstick
Replies: 84
Views: 8873

Re: Are stocks dangerously overvalued? Not according to new Vanguard yardstick

Over the last decade interest rates have been very low. Has the stock market ever been stimulated by abnormally low interest rates as it has been over the last decade? Low rates seem to have been a global phenomenon. I ask this question because I don't know if this period is an historical anomaly or...
by Dead Man Walking
Sat Jul 28, 2018 1:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard vs Fidelity representatives
Replies: 15
Views: 2021

Re: Vanguard vs Fidelity representatives

If the paperwork was going to Vanguard, I think Vanguard is the one to answer the signature guarantee question, hence Fidelity telling you to call them. It seems that Fidelity gave you the right answer. The cash was coming from Fidelity to Vanguard. It seems to me that the company releasing my mone...
by Dead Man Walking
Fri Jul 27, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Reading Inverted Yield Curves
Replies: 6
Views: 1038

Re: Larry Swedroe: Reading Inverted Yield Curves

The final sentence says it all: "In other words, there was no predictive value."

The historically low interest rates may have encouraged investors to assume more risk. Many of them may not have correctly calculated their ability, willingness, and need to take risk.

DMW
by Dead Man Walking
Fri Jul 27, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 12779

Re: Security code [Vanguard website access]

I prefer the voice option for the 2 factor authentication requirement. My phone rings immediately after I log on with my computer.

DMW
by Dead Man Walking
Fri Jul 27, 2018 1:53 am
Forum: Investing - Theory, News & General
Topic: Vanguard vs Fidelity representatives
Replies: 15
Views: 2021

Vanguard vs Fidelity representatives

My wife recently decided to transfer her Roth IRA account from Fidelity to Vanguard. Since she has a Vanguard Roth IRA mutual fund account, she tried to do the transfer via the internet. Transfers via the internet required establishing a new brokerage account which she did not want to do. Consequent...
by Dead Man Walking
Thu Jul 26, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Am I secure using my computer for financial services?
Replies: 23
Views: 2947

Re: Am I secure using my computer for financial services?

Thanks for the replies. I've Googled security issues; however, I like to hear from people who have practical experience with the type of things that I do with my computer. Some replies suggested that I consider a VPN service; consequently, I have researched them. From what I have read, a VPN service...
by Dead Man Walking
Sun Jul 22, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Am I secure using my computer for financial services?
Replies: 23
Views: 2947

Re: Am I secure using my computer for financial services?

Another question that I have is the choice of browser when accessing financial sites. I have heard that the Chrome browser is more secure than Internet Explorer. Is this true or it just another urban legend?

DMW
by Dead Man Walking
Sun Jul 22, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Am I secure using my computer for financial services?
Replies: 23
Views: 2947

Re: Am I secure using my computer for financial services?

You might consider installing the premium version of Malwarebytes, running it concucurrently with AVG. I had the premium version of Malwarebytes; however, AVG updated their system and the new version was not compatible with Malwarebytes. Unfortunately, I had to uninstall Malwarebytes. Luckily, I on...
by Dead Man Walking
Sun Jul 22, 2018 3:03 am
Forum: Personal Finance (Not Investing)
Topic: Am I secure using my computer for financial services?
Replies: 23
Views: 2947

Am I secure using my computer for financial services?

I've read most of the threads about internet security on this site as well as others. Many have posted regarding Vanguard's website security. The 2 factor authentication requirement has been a topic of discussion. I have signed up for 2 factor authentication; however, I still have questions about in...
by Dead Man Walking
Sun Jul 22, 2018 1:38 am
Forum: Personal Finance (Not Investing)
Topic: $1200 AC fix on a 2007 Civic
Replies: 22
Views: 1692

Re: $1200 AC fix on a 2007 Civic

I did every thing you did to repair the AC on a 2000 Mazda with about 34,000 miles on the odometer. The compressor failed about a year after the one year warranty expired. I think that the problem was that the replacement compressor was a cheap part manufactured in a third world country. I have sinc...
by Dead Man Walking
Sat Jul 21, 2018 2:38 am
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 57
Views: 5270

Re: Telemarketing calls from my own prefix

I'm retired; and if I don't have something better to do, I press 1 and feed them a line of bull until they hang up on me. If I am watching TV, I often answer using the speaker option, but don't say anything. Although they have to hear the TV sound, they never answer. I received the Microsoft scam ca...
by Dead Man Walking
Sat Jul 21, 2018 1:55 am
Forum: Investing - Theory, News & General
Topic: Is Tax-Managed Small Cap (VTMSX) an underrated fund?
Replies: 57
Views: 7811

Re: Is Tax-Managed Small Cap (VTMSX) an underrated fund?

I'm surprised that no one posted performance statistics for small cap value vs this fund. As is often the case, it depends on the time period. However, through most periods they're pretty close. Thanks for making my point. When you get in and when you get out determines most of the difference. DMW
by Dead Man Walking
Sat Jul 21, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: International Stocks in Taxable?
Replies: 34
Views: 3122

Re: International Stocks in Taxable?

For the sake of simplicity, I keep international funds in tax deferred accounts. I do my own tax return; consequently, simplicity may be more important to me.

DMW
by Dead Man Walking
Sat Jul 21, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Does "Time in the Market" Heal All Portfolio Wounds?
Replies: 57
Views: 5812

Re: Does "Time in the Market" Heal All Portfolio Wounds?

minimalistmarc wrote:
Fri Jul 20, 2018 5:42 am
Depends if you are accumulating or deaccumulating
Time in the market is relative. If you are playing your second shot on the par 4 18th hole, time is more relevant than if you are still on the front nine.

DMW
by Dead Man Walking
Wed Jul 18, 2018 12:41 am
Forum: Investing - Theory, News & General
Topic: Is Tax-Managed Small Cap (VTMSX) an underrated fund?
Replies: 57
Views: 7811

Re: Is Tax-Managed Small Cap (VTMSX) an underrated fund?

software wrote:
Tue Jul 17, 2018 11:32 pm
Dead Man Walking wrote:
Tue Jul 17, 2018 11:20 pm
I'm surprised that no one posted performance statistics for small cap value vs this fund.

DMW
This isn’t a small cap value fund, so why would that be meaningful?
It may show that small is more significant than value.

DMW
by Dead Man Walking
Tue Jul 17, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Know Your Investor Personality
Replies: 26
Views: 2837

Re: Larry Swedroe: Know Your Investor Personality

To put a positive spin on this missive from Swedroe, I think he should write about the "perfect" investor in each category and how that investor behaves and avoids the biases Swedroe listed. :twisted: A written investment policy statement that the investor adheres to is a strong start towards avoid...
by Dead Man Walking
Tue Jul 17, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: Is Tax-Managed Small Cap (VTMSX) an underrated fund?
Replies: 57
Views: 7811

Re: Is Tax-Managed Small Cap (VTMSX) an underrated fund?

I'm surprised that no one posted performance statistics for small cap value vs this fund.

DMW
by Dead Man Walking
Sat Jul 14, 2018 12:08 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Know Your Investor Personality
Replies: 26
Views: 2837

Re: Larry Swedroe: Know Your Investor Personality

An important aspect of determining which type of investor one is is the time period one lived through when he/she became an investor. I began investing during the 1970's. Inflation, astronomical interest rates, poor equity returns, and stagflation have greatly influenced my investment behavior. An i...
by Dead Man Walking
Fri Jul 13, 2018 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Shifting from Intermediate to Short-term Bonds
Replies: 11
Views: 1703

Re: Shifting from Intermediate to Short-term Bonds

I've used short-term bonds in my bond allocation because I don't have to take risk. Bonds are for safety, and I choose to take risk on the equity allocation of my portfolio.

DMW
by Dead Man Walking
Fri Jul 13, 2018 1:28 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10222

Re: When does frugal cross the line to cheapskate?

When you use cottage cheese rather than ricotta cheese in the lasagna for a family dinner, you are a cheapskate!

DMW