Search found 404 matches

by sunnywindy
Thu Jan 17, 2019 9:18 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 157
Views: 5733

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: Investing - Help with Personal Investments
Topic: Critique my portfolio please
Replies: 2
Views: 233

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!
by sunnywindy
Thu Jan 10, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: how to evaluate an ETF's trading volume
Replies: 7
Views: 340

Re: how to evaluate an ETF's trading volume

I am looking at USFR (WisdomTree Floating Rate Treasury ETF), and I wonder if trading volume is too low. For example, https://marketchameleon.com/Overview/USFR/DailyCharts/ and https://www.nasdaq.com/symbol/usfr show pretty sparse trades here and there, sort of alarming. Average trading volume is 1...
by sunnywindy
Wed Jan 09, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: would you pay extra for DFA vs Fidelity HSA?
Replies: 4
Views: 427

Re: would you pay extra for DFA vs Fidelity HSA?

If you think DFA can generate 81+ bps annually over the market for over 30 years, it is worth it. If you don't think DFA can generate 81+ bps annually over the market for over 30 years then it is probably not worth it. My armchair psychological assessment of this situation is that if you already hav...
by sunnywindy
Tue Jan 08, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: Gus Sauter: the next "Bogleheads on Investing" podcast guest
Replies: 28
Views: 1903

Re: Gus Sauter: the next "Bogleheads on Investing" podcast guest

If the active ETFs are deemed successful, are they planning to offer more? Potentially more multifactor funds in International and EM?

Thanks!
by sunnywindy
Fri Jan 04, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: US Stock Market Returns in the 21st Century
Replies: 92
Views: 4382

Re: US Stock Market Returns in the 21st Century

My favorite chart from AAII. 1802-2013 Total Real Return is 6.7%
https://www.aaii.com/files/images/artic ... gure-1.jpg
by sunnywindy
Tue Jan 01, 2019 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: How should I (or should I) get out of my DFA portfoilo
Replies: 7
Views: 592

Re: How should I (or should I) get out of my DFA portfoilo

The goal of investing is to make money and nothing else. Why would you take a tax hit and lose money just to reduce the number of funds instead of staying with something that works?
by sunnywindy
Tue Jan 01, 2019 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else in frontier markets?
Replies: 31
Views: 1546

Re: Anyone else in frontier markets?

I owned about $100 of iShares FM in my play Motif account about 5 years ago. One thing to consider (if you hold a substantial amount of FM) is that every few years countries migrate from the FM index to the EM index and when this happens, the fund managers have to sell all stocks in that country. Th...
by sunnywindy
Sat Dec 29, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: VONG - Russell 1000 Growth ETF
Replies: 1
Views: 148

Re: VONG - Russell 1000 Growth ETF

You're just chasing returns.
by sunnywindy
Sat Dec 29, 2018 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Taking control of accounts monday, want to make sure I am proceeding correctly.
Replies: 2
Views: 399

Re: Taking control of accounts monday, want to make sure I am proceeding correctly.

Your plan sounds great! The Schwab Fund is very good, too and now you don't have to worry about anything else.
by sunnywindy
Wed Dec 26, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: Is there something weird in bond-land?
Replies: 14
Views: 1483

Re: Is there something weird in bond-land?

Charts that only show 5 years of data (less than one market cycle) can easily lead you to the wrong conclusion. Be very wary as the chart maker surely chose this time frame to intentionally not show you any other stock/bond divergences throughout history so that you do not question their thesis. A c...
by sunnywindy
Mon Dec 24, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Are we officially in bear market ?
Replies: 79
Views: 9739

Re: Are we officially in bear market ?

Technically a bear market, but I think it is more like a deep correction (a correction being a 10% to 20% down market). But, we will just have to wait and see!
by sunnywindy
Mon Dec 24, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Worst prediction ever?
Replies: 15
Views: 2180

Re: Worst prediction ever?

Very funny video. For his sake, I hope nobody replays this at his yearly performance review...
by sunnywindy
Thu Dec 20, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Buying a bicycle
Replies: 10
Views: 790

Re: Buying a bicycle

Although the quality of bicycles has gone up considerably at places like Walmart, Kmart, etc... you are better off buying a bicycle that came from a bicycle store. Bike store bicycles are not much more expensive, but they are a quantum leap up on quality and safety. So, if I were you, I would get a ...
by sunnywindy
Thu Dec 20, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Using minimum volatility and managed risk strategies to reduce sequence of return risk in retirement
Replies: 71
Views: 3930

Re: Using minimum volatility and managed risk strategies to reduce sequence of return risk in retirement

Here is a video explaining the indexes Delta Shares uses - S&P Dow Jones Managed Risk 2.0 Indexes. https://www.youtube.com/watch?v=BBz86Y0Iwic Van Eck has a similar ETF (LFEQ) to the Delta Shares product. https://www.vaneck.com/etf/equity/lfeq/holdings/ Because the Baby Boomers are retiring, I expec...
by sunnywindy
Tue Dec 18, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: Bull market is over, run for cover says Alan Greenspan
Replies: 41
Views: 6111

Re: Bull market is over, run for cover says Alan Greenspan

For the past 4-5 years, I've thought listening to Greenspan interviews that he was talking like he was stuck in the 1990's in the sense that the 1990s were his baseline of comparison and everything revolved around that. I'm sure we all do this in one way or another, but as you age, I think it's hard...
by sunnywindy
Fri Dec 14, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: How will you know that a factor is dead? (answer: you won't)
Replies: 2
Views: 227

Re: How will you know that a factor is dead? (answer: you won't)

Interesting. I read some and skimmed over the rest. Would like to see more than one country analyzed before I could make any conclusions.
by sunnywindy
Fri Dec 14, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Question About Vanguard Target Fund + VTI (ETF)
Replies: 6
Views: 334

Re: Question About Vanguard Target Fund + VTI (ETF)

No, not ok. To be perfectly frank, your post has revealed that you have a lot to learn about investing and your idea to fool around with your asset allocation without reason does not make any sense. Vanguard has designed the Target Date Fund with YOU in mind; the Target Date Fund does all the work f...
by sunnywindy
Fri Dec 14, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: (U.K Investor) Would you recommend this index?
Replies: 12
Views: 601

Re: (U.K Investor) Would you recommend this index?

Yes, this is a large/mid-cap fund so it is suitable for your large-cap exposure, i.e. large cap stocks dominate the performance.
by sunnywindy
Thu Dec 13, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: VMVFX (Global Minimum Volatility) as core equity holding. Your opinion?
Replies: 128
Views: 7374

Re: VMVFX (Global Minimum Volatility) as core equity holding. Your opinion?

Have you looked at SP600 index vs SP600 low vol index ??....seem to be fairly similar. Im curious about the low vol implementation in small caps, which seems like an oxymoron. But looking at that index seems to work. The only ETF at the moment that tracks this asset is XSLV from invesco, seems to ha...
by sunnywindy
Mon Dec 10, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 224
Views: 34242

Re: Vanguard New Factor Funds Portfolio Statistics

Vanguard international developed factor funds exist. They're available in Europe for 0.22%, although not multi factor unfortunately. Country weighing is weird and a black box. No country varies by more than a few percent on an absolute global weight basis so the US is always dominating at the 60% m...
by sunnywindy
Mon Dec 10, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: HAINX - Harbor International
Replies: 12
Views: 901

Re: HAINX - Harbor International

Harbor International is the classic case of good active gone bad. The fund did have very good returns for a long time but what happens to all active funds is that they fail at some point. In this case it was, as pointyhairboss accurately points out, when Haken Castegren died, so did the fund. I boug...
by sunnywindy
Mon Dec 10, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with wife's small IRA
Replies: 7
Views: 439

Re: What to do with wife's small IRA

Please explain in more detail what the problem is (besides the $40 fee). It could also help to know what fund(s) she is in. The reason I ask is she will not be able to transfer the IRA to you and it is a terrible idea to cash out the IRA now (you will pay a big penalty). So, either way, this IRA wil...
by sunnywindy
Wed Dec 05, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: VMVFX & low volatility performance
Replies: 13
Views: 1833

Re: VMVFX & low volatility performance

I may be missing big pieces of the puzzle, but I thought I'd lay this out for consideration. I should disclose I own 7% VMVFX in my 401K, and some ACWV in my (small) IRAs. Questions I continue to think about: 1) Is Minimum Volatility the same thing as Low Volatility? I'm not sure if the Vanguard fu...
by sunnywindy
Tue Dec 04, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: VMNVX Vanguard Global Min Vol Fund in Taxable
Replies: 10
Views: 796

Re: VMNVX Vanguard Global Min Vol Fund in Taxable

I think the main difference is VTSAX is unlikely to ever pay out a capital gains distribution since it is a share class of the ETF VTI. On the other hand, VMNVX may have to pay out capital gains taxes occasionally. Last year, I don't believe VMNVX had any capital gains so it appeared to have simila...
by sunnywindy
Mon Dec 03, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: VMNVX Vanguard Global Min Vol Fund in Taxable
Replies: 10
Views: 796

Re: VMNVX Vanguard Global Min Vol Fund in Taxable

I've been studying this fund (Vanguard Global Min Vol) and comparing it to the iShares MSCI Global Min Vol ETF (ACWV). There are some advantages to each fund, but the iShares ETF has the advantage of the ETF structure, so it is highly unlikely it will ever have capital gains. VMNVX has had capital g...
by sunnywindy
Tue Nov 27, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: New all-world Small-Cap multi-factor ETF
Replies: 16
Views: 2687

Re: New all-world Small-Cap multi-factor ETF

Much of the discussion on this post has been to compare ROGS to plain vanilla market-cap competitors like VT (Total World Stock) or VSS (All-World ex-US Small Cap), etc...And, I don't disagree with the comparison. But, ROGS is more of a small cap with quality and value tilts ETF than just a plain va...
by sunnywindy
Fri Nov 02, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 5724

Re: My Grandmother has 80% stocks

Her asset allocation is only dangerous if there is a swoon in the stock market and that leaves her without money, i.e. selling stock for living expenses. Otherwise, if she doesn't use the money for living expenses and she is happy to just let her portfolio just go up with the market, it's not a prob...
by sunnywindy
Fri Nov 02, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Nationwide Maximum Diversification Core US Equity ETF MXDU?
Replies: 5
Views: 252

Re: Nationwide Maximum Diversification Core US Equity ETF MXDU?

This is a fairly interesting index and the performance has been very good versus US Total Market (VTI) and S&P 500 Equal Weighted (RSP); it's something worth watching. But, it is also hard to understand how it is going to act in various markets, so I wouldn't invest in it without more data - 3 years...
by sunnywindy
Wed Apr 18, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront's Risk Parity Fund expense reduced
Replies: 5
Views: 852

Re: Wealthfront's Risk Parity Fund expense reduced

I would say their whole explanation is completely bogus: "You deserve better than that" - that's the worst kind of boilerplate insulting PR-driven slop anyone could write. "We’ve come to realize that pricing the Risk Parity fund at an expense ratio of 0.50% did not meet our clients’ expectations or ...
by sunnywindy
Tue Apr 17, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Exclude Emerging Markets
Replies: 30
Views: 4269

Re: Larry Swedroe: Don’t Exclude Emerging Markets

http://www.etf.com/sections/index-investor-corner/swedroe-dont-exclude-emerging-markets?nopaging=1 EM comprises about 1/8 of the world market cap. A 50% US / 50% Int investor might consider putting 25% of his international allocation in EM. Larry reviews some destructive investor behaviors in the p...
by sunnywindy
Tue Apr 17, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Exclude Emerging Markets
Replies: 30
Views: 4269

Re: Larry Swedroe: Don’t Exclude Emerging Markets

I think Swedroe got the 13% EM from MSCI: "The MSCI Emerging Markets Indexes represent large-, mid-small- cap across Emerging Markets (EM) countries. From just 10 countries in 1988 representing less than 1% of world market capitalization to 24 countries representing 13% of world market capitalizatio...
by sunnywindy
Sat Apr 14, 2018 9:04 pm
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 7296

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

It probably isn't too much of a mystery why the category-average returns of the four "alternative" asset classes examined by nisiprius in the OP have underperformed the more traditional stock & bond asset classes. A look at their category-average expense ratios (from Morningstar): Managed Futures S...
by sunnywindy
Sat Apr 14, 2018 7:47 pm
Forum: Investing - Theory, News & General
Topic: Meb Faber/Cambria/Trinity Funds
Replies: 49
Views: 6115

Re: Meb Faber/Cambria/Trinity Funds

I wouldn't invest in anything Cambria [about 20% of me says it is a scam - 'scam' in the sense that they offer a product that nobody needs, and it's the kind of business where the owner gets to live & do what they want in life and the customers get reasonable returns without any drama]. I do think G...
by sunnywindy
Sat Apr 07, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: ETFs’ Hidden Source of Return—Securities Lending
Replies: 2
Views: 665

Re: ETFs’ Hidden Source of Return—Securities Lending

You can view any ETF's security lending policy using ETF.com's data under the "Efficiency" tab. Although it does bother me when an ETF issuer doesn't plow all the securities lending money back into the ETF, it's hard to complain when the ETF beats its own index. Also, even though I understand the in...
by sunnywindy
Wed Mar 28, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: China and EM [Emerging Market]
Replies: 30
Views: 3926

Re: China and EM

I don't fear this at all (China's increasing percentage of the EM indexes). Why? I'll take China's participation in the world markets any day over its pre-mid1970's self; China engaging with the world is a good thing for everyone. I'm hoping that Vanguard FTSE All-World ex-US Large and Small (VEU & ...
by sunnywindy
Mon Mar 26, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: DFA Funds Direct Access w/o Advisor ? John Hancock
Replies: 16
Views: 2762

Re: DFA Funds Direct Access w/o Advisor ? John Hancock

We don't have 3 years of data yet, so the jury is still out. But, I wouldn't expect anything more than what the S&P or any other ultracheap market cap index would get you. From Portfolio Visualizer: https://tinyurl.com/ycmnhqjw I think the new actively managed Vanguard Factor Funds might shape up to...
by sunnywindy
Mon Mar 26, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Seven-Year Investor Old Beats Harvard’s Endowment Fund
Replies: 21
Views: 3167

Re: Seven-Year Investor Old Beats Harvard’s Endowment Fund

For the article to not mention any risk metrics makes this a poor comparison. Academic endowments invest for a whole host of reasons which are completely different than what an individual person would do. A better comparison would be to compare the seven-year-old's portfolio to the personal portfoli...
by sunnywindy
Fri Mar 23, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Safe SP500 index fund
Replies: 32
Views: 3912

Re: Safe SP500 index fund

I don't know if this completely gets you to where you want to go, but there are two ETFs that I know of that track the S&P 500, but have a downside hedge. DeltaShares S&P500 Managed Risk ETF (DMRL) follows an S&P index and Van Eck Vectors NDR CMG Long Flat Allocation ETF (LFEQ) follows a proprietary...
by sunnywindy
Thu Mar 22, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: Berlin - how many days and where to stay?
Replies: 33
Views: 2473

Re: Berlin - how many days and where to stay?

Three days in Berlin too much time? This confuses me; it's a city of 3.5 million and there are endless things to do. I'll just say you should stay anyplace you can afford and is near a train station if you don't like long walks. If it's a nice day, my favorite thing to do is walk up and down the Kur...
by sunnywindy
Wed Mar 07, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Why plumbers are so expensive?
Replies: 15
Views: 1888

Re: Why plumbers are so expensive?

My example wouldn't apply to your particular situation (as it isn't dire), but it may reveal the thought process of some plumbers. A plumber friend of mine would tell 'plumber stories' and they usually revolved around weekend work where frantic people would call him up and beg him to come fix whatev...
by sunnywindy
Sat Mar 03, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Lost My Way - Advice Needed
Replies: 44
Views: 5161

Re: Lost My Way - Advice Needed

ChiefEngineer14, by the looks of it, you have lots to learn about markets and how investing works. But, don't worry as almost everyone, including the most knowledgeable people on this site, all made mistakes when they started investing and they are all going to be able to retire just fine. You are 2...
by sunnywindy
Fri Mar 02, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: Harvard blows $1Billion picking stocks, averaged 4.4% returns over last decade
Replies: 79
Views: 11116

Re: Harvard blows $1Billion picking stocks, averaged 4.4% returns over last decade

Harvard has so much money that they have become sloppy and take dumb risks.
by sunnywindy
Thu Mar 01, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5641

Re: What age is too old to stop hostelling?

Do you leave a gratuity? :?: Generally no, because hostels are self-service - you wash your dishes, you make your bed, you strip your bed, some don't let you inside midday, some have self-service clothes washers, etc... But, it is possible they may have a tip jar somewhere and that could be helpful...
by sunnywindy
Wed Feb 28, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5641

Re: What age is too old to stop hostelling?

I last used hostels in Europe when I was 47, but only during the offseason and in smaller cities. I usually had a room all to myself and could use the kitchen and everything else without fuss. I have experienced the 'drunk teenager', but they haven't acted badly, they just come in the room at 2 am. ...
by sunnywindy
Tue Feb 27, 2018 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Am I too heavy with Target Date funds? Age 38
Replies: 16
Views: 2238

Re: Am I too heavy with Target Date funds? Age 38

No, Target Date Funds are designed for exactly the way you are using them. Just keep contributing money and then enjoy your retirement.
by sunnywindy
Mon Feb 26, 2018 9:39 pm
Forum: Investing - Theory, News & General
Topic: What does "risk parity" mean, and what are Wealthfront's aims?
Replies: 10
Views: 1897

Re: What does "risk parity" mean, and what are Wealthfront's aims?

The new Wealthfront Risk Parity Fund definitely isn't 'a', but is likely a combination of 'b' and 'c'. The Fund is probably invested like the Salient index/AQRIX, but the marketing has to use Bridgewater's name recognition. The whole thing strikes me as: 1) a desperation move from Wealthfront - they...