Search found 15 matches

by basefifty
Wed Dec 28, 2016 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about FMEYX / dividends / expense ratio / total returns
Replies: 8
Views: 562

Re: Questions about FMEYX / dividends / expense ratio / total returns

Turnover means the fund is spending money in brokerage costs at a rate of about 1% of assets for every 100% in turnover. I don't try to explain historical returns by fund as the differences are the variability of asset classes including risk, and the variability in management, including luck. I don...
by basefifty
Wed Dec 28, 2016 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about FMEYX / dividends / expense ratio / total returns
Replies: 8
Views: 562

Re: Questions about FMEYX / dividends / expense ratio / total returns

DBR: 'Paying 1.55% to own stocks is insane.' YEP. OP: 'I saw the 1.55%. I thought the turnover is less relevant for tax sheltered plans like 401k?' Wrong. You are confusing turnover with expenses. The expenses are just as damaging for a sheltered plan (maybe even more so). The turnover thing you me...
by basefifty
Wed Dec 28, 2016 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about FMEYX / dividends / expense ratio / total returns
Replies: 8
Views: 562

Re: Questions about FMEYX / dividends / expense ratio / total returns

The trailing total return of that fund is worse than the S&P 500 in every time period quoted except 15 year. What does that tell you about using that data to evaluate the fund? A look here would show how variable the returns of asset classes are compared to each other over time: m Yes I realize...
by basefifty
Wed Dec 28, 2016 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about FMEYX / dividends / expense ratio / total returns
Replies: 8
Views: 562

Questions about FMEYX / dividends / expense ratio / total returns

Hi, my wife's 401k options are pretty limited. One fund is FMEYX (Nuveen Mid Cap Growth Opportunities Fund Class R3) At first glance the expense ratio of 1.55 looks very high. From the below chart the price is pretty much the same as it was 15 years ago m Questions: 1. The above is without dividends...
by basefifty
Mon Oct 05, 2015 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Selecting Mortgage Lenders - caveats after closing?
Replies: 0
Views: 291

Selecting Mortgage Lenders - caveats after closing?

Based on previous threads, when selecting a mortgage lender it seems like some of the factors to consider are: 1. Interest Rates and general fees 2. Processing times of application - which may impact closing and missing out on a purchase 3. Customer Service - being able to walk into a local branch v...
by basefifty
Fri Jul 17, 2015 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: First time home buyer - purchasing apartment which we currently live in directly from landlord
Replies: 8
Views: 1026

Re: First time home buyer - purchasing apartment which we currently live in directly from landlord

I'm also looking to buy my first home. I read elsewhere that For Sale by Owner properties are typically overvalued. The realtor can compare properties in the area and help you negotiate a price. If you know what the house is worth, then good for you. There are many legal documents needed, there are...
by basefifty
Fri Jul 17, 2015 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: First time home buyer - purchasing apartment which we currently live in directly from landlord
Replies: 8
Views: 1026

Re: First time home buyer - purchasing apartment which we currently live in directly from landlord

Hi all, We are first time home buyers and are looking to purchase the apartment which we currently live in (have been renting for years) directly from our landlord Our landlord isn't using an agent and we don't plan on it either so we should be able to factor in the 3-6% savings right there. We wou...
by basefifty
Fri Jul 17, 2015 11:58 am
Forum: Personal Finance (Not Investing)
Topic: First time home buyer - purchasing apartment which we currently live in directly from landlord
Replies: 8
Views: 1026

First time home buyer - purchasing apartment which we currently live in directly from landlord

Hi all, We are first time home buyers and are looking to purchase the apartment which we currently live in (have been renting for years) directly from our landlord Our landlord isn't using an agent and we don't plan on it either so we should be able to factor in the 3-6% savings right there. We woul...
by basefifty
Tue Jan 06, 2015 3:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1117709

Re: U.S. stocks in freefall

I'm curious also about this freefall today. I had planned to buy some ETFs today (ITOT and AGG) but seeing the declines I'm wondering if I should wait to see if things go lower. I'm not a fan of timing the market as I have learned thru this forum but would it be reckless for me to invest now? Unles...
by basefifty
Tue Jan 06, 2015 2:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1117709

Re: U.S. stocks in freefall

A Bear Market in Stocks Just Became More Likely Bad news, investors: The Dow Industrials’ 300-plus-point drop Monday markedly increases the likelihood that the bull market has neared its end — if it hasn’t already. That’s because the stock market’s performance in the first two trading days of Janua...
by basefifty
Mon Jan 05, 2015 10:56 am
Forum: Investing - Theory, News & General
Topic: Airlines: Could 2015 be another great year?
Replies: 16
Views: 2803

Re: Airlines: Could 2015 be another great year?

The easiest thing to do is the look at last year and find the industry or sector which performed above average. However, there are so many random factors which could have a huge (mainly negative) impact on the airline industry, ranging from another 9/11 style attack to fluctuating oil prices Investi...
by basefifty
Wed Dec 24, 2014 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: What are the deferred taxation compounding benefits (401k)?
Replies: 25
Views: 2773

Re: What are the deferred taxation compounding benefits (401

What I originally was questioning was often seeing the statement "the benefits of deferring taxes". But as people have mentioned, it's not really the tax being deferred which is the advantage. One of the main benefits of the 401k (tax deferred) and Roth IRA (not tax deferred) is that you d...
by basefifty
Wed Dec 24, 2014 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: What are the deferred taxation compounding benefits (401k)?
Replies: 25
Views: 2773

Re: What are the deferred taxation compounding benefits (401

Thanks everyone for the quick replies. There is some downside to the illiquid nature of a 401k account vs a basic taxable account, but yes I was comparing a Roth IRA to a 401k. From my example there should be capital gains tax applied here: Year 2 No tax deferral = (14,700 * 1.1) + 7,000 = 23,170 --...
by basefifty
Wed Dec 24, 2014 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: What are the deferred taxation compounding benefits (401k)?
Replies: 25
Views: 2773

What are the deferred taxation compounding benefits (401k)?

You often see statements like the below which mention the compounding benefit of deferred taxation (usually with respect to 401k plans) m "Second, even if you pay the same rate when you retire, you’ll still benefit from all the extra earnings on the money that would have gone to taxes each year...
by basefifty
Mon Dec 22, 2014 12:06 pm
Forum: Investing - Theory, News & General
Topic: Momentum and Market Timing
Replies: 14
Views: 2024

Re: Momentum and Market Timing

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2174501 I believe that momentum is observed at the level of stock markets; see the reference above from Asness. Can you explain where in the paper he says that momentum is at the level of stock markets? I can't find it. From the paper, "We unc...