Search found 451 matches

by sunnywindy
Fri Mar 20, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on Job Offer given the COVID19 situation
Replies: 10
Views: 827

Re: Need advice on Job Offer given the COVID19 situation

I would take the job as you nor anyone else knows how long and deep the recession may last. Do you really know what is going to happen in the next few months? We are certainly going to be in a crazy & weird recession with a lot of layoffs; the job competition could be huge in a month and your resume...
by sunnywindy
Thu Mar 12, 2020 10:09 am
Forum: Personal Investments
Topic: Buy Into Airlines?
Replies: 8
Views: 540

Re: Buy Into Airlines?

There is an ETF for that! https://www.bloomberg.com/news/videos/2020-03-12/airlines-have-moat-around-business-despite-market-turbulence-u-s-global-video Air date 3.11.20 (Note: I am not recommending anyone buy the JETS ETF except with 'fun' or 'play' money. That said, you can probably make a short-t...
by sunnywindy
Mon Mar 09, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: Question on Under vs Overvalued Market?
Replies: 4
Views: 236

Re: Question on Under vs Overvalued Market?

This is the best (most trustworthy) daily analysis of whether or not the market is overvalued that I have found. https://www.morningstar.com/market-fair-value Morningstar uses this "fair value" estimate for many decisions regarding their analysis and index businesses, so it is not just some sort of ...
by sunnywindy
Mon Mar 09, 2020 10:13 am
Forum: Personal Consumer Issues
Topic: mountain bike purchase
Replies: 31
Views: 1280

Re: mountain bike purchase

Since the market is going downhill fast, my partner is looking for a mountain bike upgrade from the REI starter model she purchased a number of years ago. She doesn't need absolute top of the line, but she does want, in her words: "front suspension, hardtail, disc breaks, 27.5 wheels for technical ...
by sunnywindy
Mon Mar 09, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: Anyone building a watch list of what to buy with stocks cratering?
Replies: 44
Views: 3249

Re: Anyone building a watch list of what to buy with stocks cratering?

The spread between value and growth seems to be widening - most likely because value has more oil/energy stocks. If you own a growth ETF it might be a good time to rebalance or buy into a value ETF. Vanguard Value Factor ETF (VFVA) was down 17% at one point today! Almost assuredly, I won't do anythi...
by sunnywindy
Sun Mar 08, 2020 10:11 pm
Forum: Investing - Theory, News & General
Topic: S&P500 Futures halted tonight (3/8)
Replies: 233
Views: 16556

Re: S&P500 Futures halted tonight (5/8)

anoop wrote:
Sun Mar 08, 2020 8:47 pm
Why is it that markets never halt on massive gains, but they halt on massive losses?
Because the short selling lobby does not have it's act together!
by sunnywindy
Thu Feb 13, 2020 10:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Factor ETFs 2 Year Birthday!
Replies: 44
Views: 2899

Vanguard Factor ETFs 2 Year Birthday!

Last year I posted the one-year assets under management (AUM) for the Vanguard actively managed factor ETFs. Overall, I thought AUM was very low. Their two year birthday has shown some AUM improvement, but IMHO it is still very low. Here is the data with 1-year numbers in (); also included are ETF.c...
by sunnywindy
Fri Feb 07, 2020 10:26 am
Forum: Investing - Theory, News & General
Topic: What is the highest expense ratio you willingly pay?
Replies: 123
Views: 8480

Re: What is the highest expense ratio you willingly pay?

Currently, I pay 0.45 bp for iShares Edge MSCI Emerging Markets Multifactor ETF (EMGF). I am (mostly) fine with the price, but with Avantis Emerging Markets ETF (AVEM) only being 0.33 bp (I own some of this), it a little bit pricy as it is still just an index fund. Once I owned Wisdom Tree Emerging ...
by sunnywindy
Wed Feb 05, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: Including UPRO as a slice of your main portfolio?
Replies: 12
Views: 796

Re: Including UPRO as a slice of your main portfolio?

Sorry, I'm kind of a novice and don't know how to use all of the fancy simulation tools. Has anyone tested what adding a slice of UPRO (or another leveraged equity fund, TQQQ?) to their portfolio would do, rather than as a side bet ala Hedgefundie? Say you are 100% TSM and go 90% TSM/10% UPRO inste...
by sunnywindy
Mon Jan 20, 2020 12:11 pm
Forum: Investing - Theory, News & General
Topic: CRSP now an LLC
Replies: 3
Views: 482

CRSP now an LLC

I was on the CRSP website and on their front page they have announced that they are now an LLC. http://www.crsp.org/ For those that do not know, CRSP used to be an arm of the University of Chicago Booth School of Business and it provides Vanguard with a majority of their US indices, including US Tot...
by sunnywindy
Sun Dec 15, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard In China [offering advisory services]
Replies: 10
Views: 891

Re: Vanguard In China...

The further professionalization of the Chinese investing landscape is good for everyone.
by sunnywindy
Thu Oct 17, 2019 8:23 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 249
Views: 29230

Re: Ex DFA CIO launches competitor which will also have ETFs

Once we get better Avantis data (maybe after 2019 passes), I'd like to see how these ETFs compare to the overpriced John Hancock DFA ETFs.
by sunnywindy
Sun Sep 22, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: Someone stole my wife's phone number (ie. ported to another carrier)
Replies: 57
Views: 7284

Re: Someone stole my wife's phone number (ie. ported to another carrier)

You can do all of the following: Go to Cricket and make a huge stink that they need to reverse it (don’t listen to them tell you it’s impossible). File complaint with the FCC File complaint with state AG File police report for identity theft Begin changing all phone numbers on your accounts These a...
by sunnywindy
Mon Aug 12, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 119
Views: 10272

Re: Beyond Meat Burger? Do you like?

Beyond Burger is just fine to me. I don't think it tastes like meat, but that is ok, too. Their Italian sausage is better than the burger. (I also agree the excessive packaging is ridiculous.)
by sunnywindy
Thu Jul 11, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?
Replies: 63
Views: 5784

Re: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?

And what kind of return do they get? I'd bet you a simple 60% stocks/40% bonds return is far higher (and with less risk).
by sunnywindy
Fri Jun 28, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 249
Views: 29230

Re: Ex DFA CIO launches competitor which will also have ETFs

That explicitly ISV fund could get a bunch of assets quickly if it undercuts DFA. That might not be a good thing. A $250M actively managed international small value ETF will not be the same product when it gets to $5B in assets. The Top 10 holdings will be different. For the experts: How would an a...
by sunnywindy
Fri Jun 28, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 249
Views: 29230

Re: Ex DFA CIO launches competitor which will also have ETFs

As far as I can tell, Avantis Investors is not using the new Precidian "Active-Shares" non-transparent proprietary ETF structure that is going to appear sometime this summer. I don't have strong feelings if it is transparent or not, but licensing someone's product is always going to add cost and my ...
by sunnywindy
Sat Jun 08, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: What percentage of time does 100% stocks win?
Replies: 52
Views: 7376

Re: What percentage of time does 100% stocks win?

Over a 20 year interval according to historical markers (from 1930s and onward) what percentage of the time did 100% stocks win as compared to other asset allocations? (If my memory hasn't betrayed me) I remember reading in Jeremy Siegel's most recent edition of "Stocks for the Long Run" (2014) tha...
by sunnywindy
Tue May 14, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Driving in Lisbon Portugal?
Replies: 25
Views: 1563

Re: Driving in Lisbon Portugal?

So far plan is to fly in on July 26th. Won't be there until the evening. Get a hotel near airport. Probably uber or taxi to hotel. Get a car the 27th and then drive to our destination. Think we will be close to the toll highway, so hopefully driving won't be too bad. Looking at a compact w/manual t...
by sunnywindy
Tue May 14, 2019 8:10 am
Forum: Investing - Theory, News & General
Topic: Episode 009: "Bogleheads on Investing" with guest Dr. Wesley Gray, host Rick Ferri
Replies: 14
Views: 2658

Re: Episode 009: "Bogleheads on Investing" with guest Dr. Wesley Gray, host Rick Ferri

Great podcast and excellent questions. About a year ago I had a few questions for Alpha Architect about their trend following ETF and they (Jack Vogel) did a good job providing answers. Seeing that we were both Pennsylvania guys, the conversation devolved into talking about football and pretzels, so...
by sunnywindy
Sun May 12, 2019 7:34 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Emerging Markets Need Time
Replies: 60
Views: 4835

Re: Larry Swedroe: Emerging Markets Need Time

It seems that Larry's suggestions on EM, SCV, reinsurance, and other non-beta strategies have all been having a difficult time, for a significant period of time. Is there a common theme between these asset classes that caused them to return less than a pure beta portfolio over the past 10 years? I ...
by sunnywindy
Sat Apr 27, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: John Rekenthaler, "Whatever Happened to Emerging-Markets Stock Funds?"
Replies: 64
Views: 7152

Re: John Rekenthaler, "Whatever Happened to Emerging-Markets Stock Funds?"

I have enjoyed reading John Rekenthaler's articles in Morningstar over the years for his humor, great wordsmithing, and insights into Wall Street culture. However, I was shocked in 2017 when I read his article about his own portfolio. It is terrible!!! (Even Allan Roth's kid did a better job!) Part ...
by sunnywindy
Fri Apr 26, 2019 8:35 am
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 159
Views: 24344

Re: Theory: NOW is the Best Time for Total World Stock

[...] My guess is , USA will continue out performance compared to rest of the world. However, the out performance might be muted due to dollar weakening with the expanding deficits. [...] [...] If the dollar weakens over time (I would say a high likelihood just like saying interest rates would rise...
by sunnywindy
Wed Apr 10, 2019 9:20 am
Forum: Investing - Theory, News & General
Topic: Non-Transparent ETFs APPROVED!
Replies: 6
Views: 839

Re: Non-Transparent ETFs APPROVED!

stan1 wrote:
Wed Apr 10, 2019 7:44 am
Could an HFT-based product be offered if the "trusted agent" holds the algorithm?
Good and interesting question. I will try to ask Dave Nadig of ETF.com and report back!
by sunnywindy
Tue Apr 09, 2019 7:50 am
Forum: Investing - Theory, News & General
Topic: Non-Transparent ETFs APPROVED!
Replies: 6
Views: 839

Non-Transparent ETFs APPROVED!

Just wanted to pass on this article from ETF.com as the SEC just approved a non-transparent ETF structure. https://www.etf.com/sections/features-and-news/nontransparent-etf-structure-approved Lots of details still unknown (I didn't read the application/decision), but it could have a huge impact on t...
by sunnywindy
Tue Apr 02, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 297
Views: 16724

Re: Scam alert - USPS new feature playing a role

thanks. good to know this.
by sunnywindy
Sat Mar 30, 2019 8:18 pm
Forum: Investing - Theory, News & General
Topic: Net expense ratios of SCV ETFs after securities lending
Replies: 10
Views: 571

Re: Net expense ratios of SCV ETFs after securities lending

One of the best ways to compare ETF costs is to use Morningstar's "Estimated Holding Cost" figures. They are located at the bottom of the "Performance" tab for each ETF. Here is the definition of "Estimated Holding Cost." http://www.morningstar.com/InvGlossary/ ... -cost.aspx
by sunnywindy
Thu Mar 28, 2019 3:31 pm
Forum: Personal Investments
Topic: When Will the Momentum Kick In?
Replies: 18
Views: 1667

Re: When Will the Momentum Kick In?

There isn't really any other option but to keep doing what you are doing. If you didn't diligently save (as you are) and wait for the magic of compounding to happen, you certainly wouldn't be able to retire early. What you are doing has the highest probability of success, so just keep with it.
by sunnywindy
Thu Mar 28, 2019 8:41 am
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 65
Views: 5673

Re: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]

One ETF that doesn't get much press because the ER is so high (0.80%) is the First Trust Emerging Markets Small Cap Alpha Dex ETF (FEMS). Not strictly a value index, but it is a true small cap and has a lower PE and Price/Book than DGS. Good performance, too! https://www.portfoliovisualizer.com/bac...
by sunnywindy
Wed Mar 27, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 65
Views: 5673

Re: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]

One ETF that doesn't get much press because the ER is so high (0.80%) is the First Trust Emerging Markets Small Cap Alpha Dex ETF (FEMS). Not strictly a value index, but it is a true small cap and has a lower PE and Price/Book than DGS. Good performance, too! https://www.portfoliovisualizer.com/back...
by sunnywindy
Wed Mar 13, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: Peanut Butter recommendations
Replies: 84
Views: 7506

Re: Peanut Butter recommendations

I'd like to see Crazy Richard offer an organic, but otherwise, it is one of the best. Also, I buy 4 at a time and then stir them up all at once and put them all in the freezer. When I need one for the next day, I'll transfer it into the fridge. The freezing seems to help the oil bind with the peanut...
by sunnywindy
Thu Mar 07, 2019 9:42 am
Forum: Investing - Theory, News & General
Topic: Best Multifactor Funds to use for Tilting/Replacement?
Replies: 28
Views: 3839

Re: Best Multifactor Funds to use for Tilting/Replacement?

One thing I can't figure out: why the Vanguard factor funds are so correlated with each other and with VTI. If they represent different risks why do they move in tandem? What is the point of them then? https://i.imgur.com/yJ7DiH4.png This is from portfolio visualizer, monthly correlation matrix. Th...
by sunnywindy
Thu Mar 07, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: Best Multifactor Funds to use for Tilting/Replacement?
Replies: 28
Views: 3839

Re: Best Multifactor Funds to use for Tilting/Replacement?

After similar requirements and a lot of (probably too much) research, I arrived at largely the same list of funds and went with: VFMF+INTF+ISCF+EMGF. I'm using INTF+ISCF+EMGF as a replacement for any other fund, and VFMF as a tilt (combined with VTSAX). Note the ishares funds seem relatively light ...
by sunnywindy
Mon Mar 04, 2019 3:45 pm
Forum: Personal Investments
Topic: Transfer Mutual Fund to Vanguard?
Replies: 6
Views: 597

Re: Transfer Mutual Fund to Vanguard?

You should call Vanguard as they are the source (regardless of the advice people give on this forum). I would also caution you on Vanguard as there have been years of and multiple posts about how their customer service is overwhelmed (a tribute to their success), but you may want to call some other ...
by sunnywindy
Wed Feb 20, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: Will Vanguard Factor Funds Survive?
Replies: 22
Views: 3438

Re: Will Vanguard Factor Funds Survive?

And yes, they are clearly trying to keep these away from the general public just as they do with the Market Neutral Fund and a few other funds that are made just for institutions. I sort of think it is goofy to not let the public see the factor ETFs, though. I just went to the investor site, typed ...
by sunnywindy
Wed Feb 20, 2019 8:08 am
Forum: Investing - Theory, News & General
Topic: Will Vanguard Factor Funds Survive?
Replies: 22
Views: 3438

Re: Will Vanguard Factor Funds Survive?

I never understood why Vanguard entered this market and was surprised when it was announced. Based on the low amount of assets to date it appears these funds are not popular. Perhaps it was more of a business decision. On Vanguard's main website, they're hidden even better than the funds that track...
by sunnywindy
Wed Feb 20, 2019 8:01 am
Forum: Investing - Theory, News & General
Topic: Will Vanguard Factor Funds Survive?
Replies: 22
Views: 3438

Re: Will Vanguard Factor Funds Survive?

I think they are the best because: Cover entire market cap spectrum; almost all other factor ETFS hold only large and midcap stocks; factor premiums have historically been higher in smallcap stocks Rebalance continuously like DFA rather than quarterly MSCI factor indexes are constructed to limit tr...
by sunnywindy
Tue Feb 19, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: Will Vanguard Factor Funds Survive?
Replies: 22
Views: 3438

Will Vanguard Factor Funds Survive?

The Vanguard US Factor Funds had their 1 year birthday a few days ago and the amount of assets under management (AUM) is low. ETF.com assigns a quantitative "Fund Closure Risk" score (High - Medium - Low) and only two of the ETFs score "Low". Here are the AUM totals and Fund Closure Risk scores (as ...
by sunnywindy
Mon Feb 18, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity and Schwab Expand Commission Free ETF list]
Replies: 42
Views: 3642

Re: Fidelity Expands Commission Free ETF list to over 500

Here is the Schwab list . Nothing too exciting, except for more Treasury fund coverage. It looks like the list specifically excludes funds that would compete with Schwab’s own ETFs, so no ITOT, IJR, IDEV, IEMG, etc. Actually, I reckon I overlooked the SPDR Portfolio additions. They compete directly...
by sunnywindy
Fri Feb 15, 2019 8:20 am
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 159
Views: 24344

Re: Theory: NOW is the Best Time for Total World Stock

I think the theory is sound (use global market cap - I am 55/45 US/Intl), but I'm not sure "now" is the perfect time. However, I'm not sure "now" is not the perfect time, either. I just set my asset allocation and let it do its thing. My logic of "now" is that the US market cap as a percentage of w...
by sunnywindy
Thu Feb 14, 2019 11:42 am
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 159
Views: 24344

Re: Theory: NOW is the Best Time for Total World Stock

I think the theory is sound (use global market cap - I am 55/45 US/Intl), but I'm not sure "now" is the perfect time. However, I'm not sure "now" is not the perfect time, either. I just set my asset allocation and let it do its thing.
by sunnywindy
Tue Feb 12, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: SoFi Wealth Robo-advisor?
Replies: 3
Views: 821

Re: SoFi Wealth Robo-advisor?

For SoFi Wealth, we used to make money from management fees, but we recently decided to offer SoFi Wealth with no SoFi management fees. We don’t make money from it at all — really! We are also working on growing our investment suite to include access to individual stocks and ETFs, where we earn som...
by sunnywindy
Sun Feb 10, 2019 1:11 pm
Forum: Personal Investments
Topic: 3 fund advice from Schwab
Replies: 7
Views: 1303

Re: 3 fund advice from Schwab

The funds you want are all on their website: https://www.schwabfunds.com/public/csim ... uct_finder
by sunnywindy
Wed Jan 23, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a Year Off
Replies: 36
Views: 4193

Re: Taking a Year Off

Forget the financial stuff. Do it as long as you can return to a rewarding career when you come back (if you do!). In my twenties, I was a ski bum and a bicycle bum and a sailing bum when my body was ok with that sort of thing. Then in my younger thirties, I got a masters degree and went on to my ch...
by sunnywindy
Thu Jan 17, 2019 9:18 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 1524
Views: 121842

Re: My trend following strategy and experience

I've become interested in trend following only because I want to understand all of the different strategies out there. I find the more I know about the markets, the less nervous I am about the markets and then nothing surprises me (I will admit market drops don't really bother me at all as I survive...
by sunnywindy
Fri Jan 11, 2019 2:05 pm
Forum: Personal Investments
Topic: Critique my portfolio please
Replies: 2
Views: 540

Re: Critique my portfolio please

1. There isn't any reason to have the Healthcare fund, so I would reallocate it to Total Stock Market.
2. Your AA is fine.
3. The more you invest, the more money you will have years from now, so don't let cash sit idle!