Search found 3973 matches

by PiperWarrior
Tue Nov 18, 2008 9:00 am
Forum: Personal Investments
Topic: TIPS Ladder vs. TIPS Mutual Fund
Replies: 7
Views: 2947

You might be interested in reading Individual Bonds vs a Bond Fund . Since you seem to be able to get Admiral Shares, which comes with a 0.10% price tag, the cost may not be much of a concern. Control over maturity may be a big item if you are funding a specific purchase or lock in the most attracti...
by PiperWarrior
Tue Nov 18, 2008 8:25 am
Forum: Personal Investments
Topic: Vanguard Energy Fund (VGENX) in Taxable or Tax Deferred?
Replies: 4
Views: 2997

What are your thoughts on where to to put the Vanguard Energy Fund (VGENX), in Taxable or Tax Deferred accounts? Tax efficiency is a relative measure, so the best location of VGENX in your portfolio depends on the rest of your portfolio. Another factor is whether you need current income. If you nee...
by PiperWarrior
Tue Nov 18, 2008 8:08 am
Forum: Investing - Theory, News & General
Topic: Ben Stein & Hi Dividend ETFs
Replies: 41
Views: 7940

I have seen you use the phrase "with a Value tilt" before - I've used it myself. Is there some way of measuring how tilted a portfolio is with respect to Value and/or size? Do you use any special benchmarks to measure results? Would a factor loading do the job for you? You might be interested in re...
by PiperWarrior
Mon Nov 17, 2008 2:26 am
Forum: Investing - Theory, News & General
Topic: Am I being ripped off in my 401K?
Replies: 10
Views: 3026

Can you just select the S&P 500 fund in your 401(k) (and possibly one or two not-too-expensive funds) and take care of the rest in other accounts, such as IRAs and taxable account? If you are married, can you use your spouse's retirement plan more effectively? This is pretty much what I personally d...
by PiperWarrior
Sat Nov 15, 2008 5:20 pm
Forum: Investing - Theory, News & General
Topic: DFA or ETF for taxable
Replies: 2
Views: 1191

You might be interested in reading Question for Larry and Rick, which addresses a very similar question (with different percentages).
by PiperWarrior
Sat Nov 15, 2008 5:15 pm
Forum: Personal Investments
Topic: Tax efficiency question, TLH
Replies: 6
Views: 1816

Welcome to the forum! You mention TLH. Does that mean your Vanguard Wellington and Windsor II have losses? If so, I would replace them with Total Stock Market and some value fund (to retain value tilt that comes with Wellington and Windsor). If they have significant gains, you might take distributio...
by PiperWarrior
Sun Nov 09, 2008 3:32 am
Forum: Personal Investments
Topic: How are folks feeling about the Vanguard Tot. Bond Mkt Index
Replies: 19
Views: 6855

Piper, Excellent description. Thanks for sharing. You are welcome. Have you by any chance done this study graphically with ST Treasuries and TBM? I'm guessing the volatility will be less and the CAGR less with ST vs IT Treasuries? I am guessing that you'd like to see all three (ST Treasury, IT Trea...
by PiperWarrior
Fri Nov 07, 2008 4:13 am
Forum: Investing - Theory, News & General
Topic: The Japan Thing
Replies: 39
Views: 6640

Japanese have always been big savers anyway, have they not? Yes, but that doesn't necessarily mean that all the money is flowing into stocks and bonds. I don't have specific numbers right in front of me, but as far as I know, mutual funds (of stocks and bonds) have become common only in the last 10...
by PiperWarrior
Fri Nov 07, 2008 1:53 am
Forum: Personal Investments
Topic: How are folks feeling about the Vanguard Tot. Bond Mkt Index
Replies: 19
Views: 6855

Here is some fun with backtesting. I'm sweeping from: 40% Vanguard Total Stock Mkt Idx (VTSMX) (0.15%) 10% Vanguard Total Intl Stock Index (VGTSX) (0.27%) 50% Vanguard Interm-Term Treasury (VFITX) (0.26%) 0% Vanguard High-Yield Corporate (VWEHX) (0.25%) to: 40% Vanguard Total Stock Mkt Idx (VTSMX) (...
by PiperWarrior
Wed Nov 05, 2008 8:04 pm
Forum: Personal Investments
Topic: 401k advice needed. Which funds to choose?
Replies: 7
Views: 2883

Let's say the total investments are 80% into 401k and 20% in Roth. If I want to keep the same AA as quoted above, what would you put into the Roth? In that case, you might use Extended Market. Extended Market is the entire domestic stock market with S&P 500 removed. So 52% Vanguard Institutional In...
by PiperWarrior
Wed Nov 05, 2008 7:44 pm
Forum: Personal Investments
Topic: Vanguard vs Boglehead advice
Replies: 6
Views: 2882

1 -If I implement Landy's suggested portfolio and sell all of the above, will I be able to TLH and buy VFWIX immediately or will there be a wash sale? Are VFWIX and VGTSX substantially different? They don't have to be substantially different. They just have to be "not substantially identical". I ho...
by PiperWarrior
Wed Nov 05, 2008 6:45 pm
Forum: Personal Investments
Topic: What about the value premium?
Replies: 10
Views: 2594

I have a question to those who are saying "not small enough" and/or "not valuey enough". If I understand FF3F correctly, the return of a sufficiently diversified equity portfolio is predominantly determined by the coefficients to the three factors. If you have TSM+SV, and SV doesn't look small enoug...
by PiperWarrior
Mon Nov 03, 2008 2:03 am
Forum: Personal Investments
Topic: When to rebalance?
Replies: 2
Views: 1323

So my question is, should I consider transferring some money from my G Fund (Bonds) into the C Fund and/or I Fund? Maybe, maybe not. Do you have enough new money to restore your asset allocation? If you are putting new money soon into your taxable account, you might consider rebalancing at that tim...
by PiperWarrior
Mon Nov 03, 2008 1:23 am
Forum: Personal Investments
Topic: Full listing of mutual fund holdings
Replies: 9
Views: 3839

mminaz, if you look at indexing at Vanguard and elsewhere, you'll note the difference between a full replication strategy and a sampling strategy in some offerings. Yup. For example, the prospectus of Vanguard Total Stock Mkt Idx (VTSMX) says: The Fund typically holds 1,200-1,300 stocks in its targ...
by PiperWarrior
Mon Nov 03, 2008 12:56 am
Forum: Personal Investments
Topic: Help on Personal Investment Portfolio
Replies: 6
Views: 1749

Welcome to the forum! If anyone could provide a little bit more detailed suggestions/advice, I truly appreciate it. I would be happy to do that, but your percentages add up to 87.06% right now if I am adding them up correctly. Should I assume that that's everything? BTW, her 401K has excellent mid a...
by PiperWarrior
Sun Nov 02, 2008 7:10 pm
Forum: Personal Investments
Topic: Request for portfolio help, value your input!
Replies: 11
Views: 2542

Re: Request for portfolio help, value your input!

My wife has accepted an offer at about the same income but no benefits. Congratulations, especially given the current economic conditions. Should we set up a Roth or are there other options? If your IRA choices are down to non-deductible Traditional IRA v.s. Roth IRA, I would definitely choose Roth...
by PiperWarrior
Sun Nov 02, 2008 6:51 pm
Forum: Personal Investments
Topic: Samples of asset allocation with ETF's
Replies: 14
Views: 3444

total market 60% Small value 5% Small growth 5% world ex us 25% Small cap inter 5% It looks good, but here are couple of things. Historically (over the last 80 years or so), small-cap growth has had the slowest growth among the four corners (large-cap value, large-cap growth, small-cap value, small...
by PiperWarrior
Sun Nov 02, 2008 5:54 pm
Forum: Investing - Theory, News & General
Topic: I know it's been asked before-FTSE vs. Total International
Replies: 4
Views: 1556

Re: I know it's been asked before-FTSE vs. Total Internation

I want to exchange some of my FTSE to Total international for tax loss harvesting. After all is said and done is there any reason to really switch it back to FTSE? Maybe not unless of course you have losses again. I realize FTSE gives you exposure to Canada and tax credit, but does that make up for...
by PiperWarrior
Sun Nov 02, 2008 5:39 pm
Forum: Personal Investments
Topic: Samples of asset allocation with ETF's
Replies: 14
Views: 3444

With regard to the ETF vs open index funds. It seems to me from what I gathered form the forums. ETFS pros 1.more tax efficient ( very important to me) 2.no short term redemption fee 3. Lower expense ratio on the average Cons 1. commisions 2. Executing purchases of ETF can be tricky with the ask an...
by PiperWarrior
Sun Nov 02, 2008 4:59 pm
Forum: Personal Investments
Topic: ETF question
Replies: 11
Views: 2572

Re: distribution date for ETF

Is it necessary to call each ETF company about the date of distribution or is there a site such as Morningstar where this info is conveniently available? You can visit the fund company's web site and find the distribution schedule and/or the historical distribution dates on the web site and/or the ...
by PiperWarrior
Sun Nov 02, 2008 9:48 am
Forum: Personal Investments
Topic: Asset Allocation: Ahhh, help!
Replies: 9
Views: 2655

Welcome to the forum!

Could you list funds available in your 401(k) plans?
by PiperWarrior
Sat Nov 01, 2008 5:56 pm
Forum: Investing - Theory, News & General
Topic: Can Someone Confirm (TLH)?
Replies: 10
Views: 2943

Re: Can Someone Confirm (TLH)?

For readers' interest, here are fund names. Vanguard Total Stock Mkt Idx (VTSMX) (0.15%) Vanguard PRIMECAP Core (VPCCX) (0.55%) Vanguard Large Cap Index (VLACX) (0.20%) Vanguard FTSE All-World ex-US Index Inv (VFWIX) (0.40%) Vanguard Total Intl Stock Index (VGTSX) (0.27%) Exchange VTSMX to VLACX (la...
by PiperWarrior
Fri Oct 31, 2008 11:39 pm
Forum: Personal Investments
Topic: What to invest in?
Replies: 5
Views: 1927

Thanks for the update, but it's tough to suggest something without numbers, fund selection in his 401(k), etc. If a target-dated fund in his 401(k) is the cheapest in his 401(k), he should probably pick that. Otherwise, he might want to choose the cheapest and most reasonable fund(s) in his 401(k) a...
by PiperWarrior
Fri Oct 31, 2008 11:29 pm
Forum: Personal Investments
Topic: AA tables
Replies: 3
Views: 1581

Here is another one -- Annual Returns of 20 Indexfolios and 16 IFA indexes over 80 yrs. Scroll down to the bottom.

Portfolio Construction for Taxable Investors has something similar but for a shorter time frame.
by PiperWarrior
Fri Oct 31, 2008 8:15 pm
Forum: Personal Investments
Topic: VAIPX vs. individual TIPs
Replies: 4
Views: 3254

Welcome to the forum! If you are selling VAIPX and buying individual TIPS that are pretty much the same as what's in the fund, I don't see an advantage (other than saving on expenses). If you are extending the maturity to lock in the 3% real yield for 20 years or something, there may be an advantage...
by PiperWarrior
Fri Oct 31, 2008 11:50 am
Forum: Personal Investments
Topic: What to invest in?
Replies: 5
Views: 1927

Welcome to the forum! Could you indicate the accounts in which your investments are held in like so? My taxable XX% fund A XX% fund B Husband taxable XX% fund A XX% fund B My Roth IRA XX% fund A XX% fund B Husband Roth IRA XX% fund A XX% fund B My Traditional IRA XX% fund A XX% fund B Husband Tradit...
by PiperWarrior
Wed Oct 29, 2008 8:09 am
Forum: Personal Investments
Topic: When should I adjust my new portfolio for tax efficiency?
Replies: 4
Views: 1522

Welcome to the forum! For readers' interest, here are fund names. Vanguard Target Retirement 2050 (VFIFX) (0.21%) Fidelity Freedom 2030 (FFFEX) (0.76%) Vanguard 500 Index (VFINX) (0.15%) Vanguard Small Cap Index (NAESX) (0.22%) Vanguard European Stock Index (VEURX) (0.22%) Vanguard Total Bond Market...
by PiperWarrior
Mon Oct 27, 2008 10:52 pm
Forum: Investing - Theory, News & General
Topic: Source for Vanguard fund monthly return data?
Replies: 2
Views: 1182

One way is to get index data from MSCI Barra, the index provider for many of the Vanguard funds.

If you are willing to do a little bit of work, then you could look at Yahoo! Finance and look at the historical share price and "reinvest" distributions on your own.
by PiperWarrior
Mon Oct 27, 2008 10:00 pm
Forum: Personal Investments
Topic: I think I may need a portfolio checkup
Replies: 5
Views: 1728

Are all these in a 401(k)? I am guessing that you may have two or more accounts because I see two international funds. Is 10% bond risky? Sure. Is that bad? I don't know. If you have a lot of human capital yet to be converted to cash, and the amount is much bigger than your current portfolio value, ...
by PiperWarrior
Sun Oct 26, 2008 11:26 pm
Forum: Personal Investments
Topic: 401k Advice
Replies: 3
Views: 1511

Yes, she her company contributes 1% if she contributes 4%, and she is contributing 4%. She'll contribute about $2500 a year as a result. A 25% instant return isn't bad. The reason why I pointed out the risk is that I've seen a young couple in their 20's put an aggressive Target Retirement fund in t...
by PiperWarrior
Sun Oct 26, 2008 10:48 pm
Forum: Personal Investments
Topic: AA had too little bonds when do I correct this?
Replies: 46
Views: 6981

A third party with $10 grand Cash on hand (option J for Jeffyscott) :wink: would be best-served, logically and risk-tolerance wise (psychologically), going in with a desired AA (say 75/25). Exactly. It feels a bit strange that somebody with cash can go straight into a desired AA while another perso...
by PiperWarrior
Sun Oct 26, 2008 10:33 pm
Forum: Personal Investments
Topic: Switch funds now or later?
Replies: 2
Views: 1115

I assume you are retired. Is that correct? If you have a tax-advantaged account, you might want to put bonds there. If you are in a low tax bracket, tax-efficient fund placement may not matter. I wouldn't sell those funds with short-term capital gains. Short-term losses are perfectly OK. If you boug...
by PiperWarrior
Sun Oct 26, 2008 10:01 pm
Forum: Personal Investments
Topic: 401k advice needed. Which funds to choose?
Replies: 7
Views: 2883

If you would like to replicate Vanguard Target Retirement funds with 20% bonds, then you could do: 52% Vanguard Institutional Index (VINIX) (0.05%) 4% Vanguard Mid-Cap Index (VIMSX) (0.21%) 8% Vanguard Small-Cap Index (NAESX) (0.22%) 16% Vanguard Total Intl Stock Index (VGTSX) (0.27%) 20% Vanguard T...
by PiperWarrior
Sun Oct 26, 2008 8:57 pm
Forum: Personal Investments
Topic: 401k Advice
Replies: 3
Views: 1511

Does she get any company match? How much is she saving? Is that more than the Roth IRA contribution limit? If she has a long time horizion, Freedom 2050 may be OK, but make sure she is fully aware of the risk of having only 10% in bonds. If she hasn't done so, she might want to read Investment Plann...
by PiperWarrior
Sat Oct 25, 2008 7:43 pm
Forum: Personal Investments
Topic: VTI and Capital Gains?
Replies: 9
Views: 2982

The site reports a capital loss as of 9/30/2008. However, I would not be surprised to find a capital gain as the sell older shares to meet redemptions. I'm not sure. Unlike some other Vanguard funds, Total Stock Market is one of the funds that keep receiving net money even during a bear market, so ...
by PiperWarrior
Sat Oct 25, 2008 7:13 pm
Forum: Personal Investments
Topic: Switching from STAR Fund to something else
Replies: 2
Views: 1449

Considering the STAR Fund is 60/40 (or abouts) I am considering switching from STAR but to what? How about one of Target Retirement funds that meet your needs? You might want to take I bonds into account as you can think of them as a part of your bond allocation. I look at the NAV price of VTTHX (2...
by PiperWarrior
Sat Oct 25, 2008 6:50 pm
Forum: Investing - Theory, News & General
Topic: Why not dividend paying funds?
Replies: 2
Views: 1246

You might be interested in reading Why dividend paying stocks?.
by PiperWarrior
Fri Oct 24, 2008 6:10 pm
Forum: Personal Investments
Topic: TLH for a 529
Replies: 2
Views: 1164

Yes, under certain conditions. Look for "2%" in Cashing In on a Losing 529 Plan.
by PiperWarrior
Fri Oct 24, 2008 9:48 am
Forum: Personal Investments
Topic: VTI vs VTSMX - which one should one buy?
Replies: 2
Views: 8059

Welcome to the forum! Well, if your purchase exceeds $100K, you might also consider VTSAX, the Admiral Shares, so that makes the ETF v.s. mutual fund muddy (or muddier). To see if ETFs make sense in your case, you might want to play with Calculate and compare costs for Vanguard ETFs and mutual funds...
by PiperWarrior
Tue Oct 21, 2008 2:00 pm
Forum: Investing - Theory, News & General
Topic: Why dividend paying stocks?
Replies: 98
Views: 18895

Re: Why dividend paying stocks?

I hear that the dividend yield has a rather weak link to P/B, so they are not quite a substitute for value stocks. Piper, I missed this thread last time. Your observation is not proper, since for instance, VHDYX is 50% large value. Perhaps I didn't make myself clear. I meant to say that dividend pa...
by PiperWarrior
Mon Oct 20, 2008 11:42 pm
Forum: Personal Investments
Topic: Should I reinvest my dividends
Replies: 19
Views: 6024

You might be interested in reading Whether to Reinvest Dividends in a Taxable Account.
by PiperWarrior
Sun Oct 19, 2008 3:32 pm
Forum: Personal Investments
Topic: Capital gains for funds
Replies: 6
Views: 1848

Is there a way to find that out before purchasing a fund? Would it be in the prospectus? Well, I don't know how to find a definite answer. You may be able to get one from a fund company. One way is to look at annual reports of a given fund over the years and see the trend on how the amount of reali...
by PiperWarrior
Sun Oct 19, 2008 3:06 pm
Forum: Personal Investments
Topic: Capital gains for funds
Replies: 6
Views: 1848

Re: Capital gains for funds

Due to the large number of people that have sold stocks, are there going to be higher capital gains on many mutual funds this year even though there is a loss in value? The answer depends on funds. If a fund has a sizable realized loss carryforward, it can offset the realized gains with the loss ca...
by PiperWarrior
Sat Oct 18, 2008 1:14 pm
Forum: Personal Investments
Topic: vanguard funds vs others what makes vanguard better
Replies: 12
Views: 3696

How about tax efficiency if you are looking for stock index mutual funds?
by PiperWarrior
Fri Oct 17, 2008 1:38 am
Forum: Personal Investments
Topic: how's my portfolio?
Replies: 13
Views: 3607

Good point. mea culpa, I'm lazy too... but with this recent go at changing my AA i'm thinking of just dumping the energy and PM&M. (On a side note, I hate to admit it, but the simple fact that PM&M is now closed makes me want to keep it... :)) I would at least turn off reinvesting dividends and cap...
by PiperWarrior
Thu Oct 16, 2008 6:56 pm
Forum: Personal Investments
Topic: how's my portfolio?
Replies: 13
Views: 3607

So how do bogleheads deal with this problem (asset LOcation)? You often have to have some overlap to maintain your asset allocation. I don't see a problem. It's OK to have overlap. By the way, are you sure you want to keep Energy and Precious Metals in your taxable account? They are not very tax ef...
by PiperWarrior
Thu Oct 16, 2008 1:33 pm
Forum: Investing - Theory, News & General
Topic: How low can Hi-Yield go?
Replies: 74
Views: 12431

I would rather be down 20% than down 30-40% with small cap--growth/value. In case I wasn't clear, I didn't mention replacing junk bonds with small-cap stocks. What I did mention was replacing junk bonds with small-cap stocks and nominal Treasuries. Let me ask you this. Why did you invest in High Yi...
by PiperWarrior
Thu Oct 16, 2008 12:02 pm
Forum: Investing - Theory, News & General
Topic: How low can Hi-Yield go?
Replies: 74
Views: 12431

Re: How low can Hi-Yield go?

Should I continue to hold-on here? Probably not if the history repeats. Historically (1985-2007), replacing junk bonds with small-cap stocks and nominal Treasuries improved the return of an otherwise diversified portfolio without increasing the risk (at least in any significant way). If you would l...
by PiperWarrior
Thu Oct 16, 2008 11:41 am
Forum: Personal Investments
Topic: Help Please: Bogleheads to my Rescue ~ High Ho Bogleheads!
Replies: 3
Views: 1213

Welcome to the forum! I suggest you take a step back, finish reading The Bogleheads' Guide to Investing, and then take a 30,000-feet view at your finance. How much have you saved so far? How much do you need in retirement? How much loss can you tolerate? Do you need to take risk? Do you have a long ...
by PiperWarrior
Wed Oct 15, 2008 12:26 pm
Forum: Personal Investments
Topic: Need some assistance with TLH please
Replies: 10
Views: 2301

Can you explain why you like Large Cap Index better than S@P 500 as a permanent replacement for TSM? Total Stock Market covers more than 99% of the market. S&P 500 covers 79% of the market. Large-Cap Index covers something like 88% of the market. So, you see which fund is closer to TSM. Isn't it le...