Search found 4644 matches

by jhfenton
Mon Sep 28, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: How would a USD collapse affect dollar-denominated international ETFs?
Replies: 21
Views: 956

Re: How would a USD collapse affect dollar-denominated international ETFs?

Setting aside questions about the strength of the underlying securities , how does the currency movement affect mutual funds and ETFs such as Vanguard's VEA that play entirely in Euro markets? Do they increase in value because the underlying investments are in fact in Euro? Do they decrease in valu...
by jhfenton
Mon Sep 21, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: Russian Language Disney movies?
Replies: 9
Views: 573

Re: Russian Language Disney movies?

I don't know the answer to your primary question, but Disney+ isn't going to be your solution. Most or all of the movies on Disney+ have a lot of non-English audio tracks—something I love—but I haven't seen Russian on any of them: https://i.ibb.co/M792nhm/Capture-d-e-cran-2020-09-21-a-11-15-52.png R...
by jhfenton
Sun Aug 23, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Closing US Value Fund
Replies: 43
Views: 4049

Re: Vanguard Closing US Value Fund

I would dearly love to find a low-cost value fund I could stick with, being a cheapskate at heart and never willingly paying full price for anything if I can help it. I don't think Vanguard offers such a unicorn. The Vanguard Quantitative Equity Group also manages the nominally-active Vanguard US V...
by jhfenton
Sat Aug 22, 2020 7:02 pm
Forum: Personal Consumer Issues
Topic: Vacationing safely in the era of Covid - How did you do it?
Replies: 124
Views: 9625

Re: Vacationing safely in the era of Covid - How did you do it?

With one upcoming exception, vacationing has pretty much been made moot for us for this year. Our high school kids' school starts back virtually this week, so we're not going anywhere as a family. We missed out on a planned early summer vacation because of travel restrictions. I do have a small mara...
by jhfenton
Sat Aug 22, 2020 2:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Closing US Value Fund
Replies: 43
Views: 4049

Re: Vanguard Closing US Value Fund

I would dearly love to find a low-cost value fund I could stick with, being a cheapskate at heart and never willingly paying full price for anything if I can help it. I don't think Vanguard offers such a unicorn. The Vanguard Quantitative Equity Group also manages the nominally-active Vanguard US V...
by jhfenton
Thu Aug 13, 2020 1:32 pm
Forum: Personal Investments
Topic: Investing Newbie: Bid / Ask and What Happened w this Trade
Replies: 9
Views: 488

Re: Investing Newbie: Bid / Ask and What Happened w this Trade

Very helpful. I have it in my 401k and it will be there for 30 years+ OK, now you've made me jealous. :beer I have a good 401(k), but I don't have a brokerage window. And my wife's 401(k) is atrocious. If you buy it in small amounts every two weeks or so for years, you should be fine. That's basica...
by jhfenton
Thu Aug 13, 2020 1:21 pm
Forum: Personal Investments
Topic: Investing Newbie: Bid / Ask and What Happened w this Trade
Replies: 9
Views: 488

Re: Investing Newbie: Bid / Ask and What Happened w this Trade

Thanks that is really helpful. Do you think I should stay away from this investment? Not necessarily. I own low six figures in EYLD (about 0.5% of the AUM), although almost all of that was purchased before spreads blew up in March (and have never come all the way back down). I love the characterist...
by jhfenton
Sat Aug 08, 2020 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: deferred payroll tax implications?
Replies: 77
Views: 5518

Re: deferred payroll tax implications?

It only applies to people make less than $100k so you won't benefit or be affected. The strategy is that it puts pressure on Congress to forgive the accrued taxes because no one wants to stick people with a surprise tax bill. I use the word surprise because most people won't save the money in antic...
by jhfenton
Thu Aug 06, 2020 11:58 am
Forum: Investing - Theory, News & General
Topic: Burton Malkiel pans value/ factor investing on the Long View podcast
Replies: 24
Views: 1957

Re: Burton Malkiel pans value/ factor investing on the Long View podcast

MotoTrojan wrote: Thu Aug 06, 2020 11:36 am As I value factor junkie I am happy to hear so many people are capitulating.
+1 :beer

I'm absolutely going to call it quits after more than 22 years of value investing, because another person gives up on it.
by jhfenton
Tue Aug 04, 2020 10:18 am
Forum: Investing - Theory, News & General
Topic: What Would Be Your US/Int Equity Split If You Lived Outside US?
Replies: 58
Views: 2606

Re: What Would Be Your US/Int Equity Split If You Lived Outside US?

If I lived outside the US I would probably limit US exposure to 1/3. If I lived in a country without a significant market, I'd probably opt for 1/3 US, 1/3 Developed ex-US, 1/3 Emerging. If I lived in a developed country with a significant market, I'd probably overweight my own country—or my own cur...
by jhfenton
Mon Aug 03, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Cyclists...where are you getting your masks?
Replies: 65
Views: 5678

Re: Cyclists...where are you getting your masks?

I also bike with a small mask in a zipper baggy in a jersey pocket in case I have mechanical issues and need assistance or want to stop in a store. For that purpose, I use a small, commercial two-layer polyester mask that would hold up to sweat better than a paper or cotton mask. But I always bike a...
by jhfenton
Mon Aug 03, 2020 7:27 am
Forum: Non-US Investing
Topic: Do you include your house in your portfolio?
Replies: 36
Views: 2967

Re: Do you include your house in your portfolio?

I don't calculate net worth, because it's not a meaningful number. I only consider investment assets, and I don't consider our home an investment asset.

Our home is also relatively low in value compared to our investment assets. If I did include it, home equity would be maybe 12% of our portfolio.
by jhfenton
Thu Jul 30, 2020 9:41 am
Forum: Personal Investments
Topic: Converting mutual fund to ETF at Vanguard
Replies: 16
Views: 735

Re: Converting mutual fund to ETF at Vanguard

Within the margin of rounding, it doesn't matter what day you call in and request a conversion from a mutual fund share class to the ETF share class because conversions are made from NAV to NAV. Whether the ETF is trading at a premium or a discount is irrelevant, because the ETF market price does no...
by jhfenton
Tue Jul 28, 2020 1:21 pm
Forum: Personal Consumer Issues
Topic: Morgan Stanley letter about a data breach in my "former Morgan Stanley account" when I've never had one
Replies: 30
Views: 3278

Re: Morgan Stanley letter about a data breach when in my "former Morgan Stanley account" when I've never had one

Got the same letter. Never had a Morgan Stanley brokerage account per se, but my company used them to manage restricted stock awards. Could that be the case for you? I received the same letter yesterday, and it took me a minute to remember why I had a Morgan Stanley account. My company spun off a d...
by jhfenton
Tue Jul 28, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: International Small-cap Value Funds ??
Replies: 99
Views: 20133

Re: International Small-cap Value Funds ??

There was some tracking error in the first few months, but the performance this year has been much tighter, so I'd say that's a good sign. Only issue is the low AUM, hopefully the fund survives and continues to gain assets so it gets big enough that's its not at risk of closing. AVDV has steadily a...
by jhfenton
Mon Jul 27, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: Article - Vanguard managing more active bond money
Replies: 16
Views: 1221

Re: Article - Vanguard managing more active bond money

I believe High-Yield Corporate is Vanguard's only truly active bond fund; while it has about the same risk level as its benchmark, it diverges from the benchmark because it doesn't try to replicate the high-yield market. Vanguard Emerging Markets Bond Fund (VEGBX for the Admiral Shares) is truly ac...
by jhfenton
Mon Jul 20, 2020 9:45 am
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 165
Views: 16663

Re: Just Ordered Peloton Bike

We bought a Concept2 Bike Erg during the pandemic to complement our Concept2 Model D RowErg. It was $990, plus the cost of pedals and shoes (x2). I still prefer to ride outside when I can, but I don't like the feel of riding my bike on the trainer, and my wife doesn't have a good bike at all. With m...
by jhfenton
Thu Jul 16, 2020 8:19 pm
Forum: Personal Investments
Topic: Vanguard brokerage vs old-style mutual fund account
Replies: 37
Views: 2997

Re: Vanguard brokerage vs old-style mutual fund account

All transactions forced through settlement fund - check. I'm not quite sure what this means. You never even have to think about your brokerage account settlement fund. You hold explicit investments in the account (e.g. mutual funds, ETFs, stocks, bonds, etc.), and you have cash. If the cash is fres...
by jhfenton
Wed Jul 15, 2020 8:13 am
Forum: Investing - Theory, News & General
Topic: What is your Morningstar Style Box?
Replies: 12
Views: 598

Re: What is your Morningstar Style Box?

You can see mine in my avatar. Actually, looking right now, one number has changed due to rounding since I last updated the avatar. As of this morning, M* shows the following: 12 05 02 14 08 06 24 18 11 That is combined US (50%) and international (25% developed, 25% emerging). M* reports the average...
by jhfenton
Tue Jul 14, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: No more SEC Yield display?
Replies: 8
Views: 712

Re: Morningstar: No more SEC Yield display?

M* has made some completely incomprehensible data display decisions in the last couple of years. They've broken the useful of charting by excluding dividends from ETF growth charts, and now they've hidden the most important datum that I'd want to know for a bond fund. It's still there but it is hid...
by jhfenton
Tue Jul 14, 2020 7:55 am
Forum: Investing - Theory, News & General
Topic: Morningstar: No more SEC Yield display?
Replies: 8
Views: 712

Re: Morningstar: No more SEC Yield display?

I can see SEC Yield under My View in the Portfolio Manager, but it does appear that they've removed it from the primary data pages. Instead, they show Trailing 12 Month Yield on the primary Quote tab, and some other undefined "Yield" on the fund Portfolio tab. Looking at Vanguard Total Bond, neither...
by jhfenton
Mon Jul 13, 2020 4:27 pm
Forum: Personal Investments
Topic: Emerging Markets Allocation
Replies: 25
Views: 1660

Re: Emerging Markets Allocation

You'll hear lots of widely-varied opinions. We do overweight emerging markets. I use nice round numbers: 50% US, 25% developed ex-US, 25% emerging. Whatever you decide, stick with it, and be disciplined about rebalancing. We've had a separate emerging markets allocation since 1998—although not at 25...
by jhfenton
Mon Jul 13, 2020 7:36 am
Forum: Investing - Theory, News & General
Topic: Were You Around During Dotcom Bubble?
Replies: 182
Views: 11630

Re: Were You Around During Dotcom Bubble?

I'm just curious to know if there are any Boggleheads who survived that era and what are your thoughts now on these booming tech stocks? We started investing in the mid-to-late 90's after I finished law school. I still remember making our first Roth IRA contribution in 1998. I had us heavily tilted...
by jhfenton
Sun Jul 12, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Looking for USB-C Hub (not USB 3 adapter)
Replies: 10
Views: 605

Re: Looking for USB-C Hub (not USB 3 adapter)

You are not alone in your desire for a basic multi-port USB-C hub. I would like one too, but I still have not seen any. And I have read quite a few articles lamenting that fact. It is apparently rather complicated to manage the many data types (and power) supported by the USB-C standard, and the chi...
by jhfenton
Sun Jul 12, 2020 8:09 pm
Forum: Personal Investments
Topic: New Vanguard corporate bond ETF (ESG)
Replies: 3
Views: 532

Re: New Vanguard corporate bond ETF (ESG)

I don't see this new fund on Vanguard's master list of ETFs. It is supposed to launch in September. It looks like a fine fund if the exclusions align with your economic or political beliefs. At 12 bp, you're not paying a high price for the screening. I personally like some of the exclusions and dis...
by jhfenton
Fri Jul 10, 2020 8:49 am
Forum: Investing - Theory, News & General
Topic: Why does it seem index funds beat index ETFs?
Replies: 12
Views: 1794

Re: Why does it seem index funds beat index ETFs?

I believe BND and VBTLX are different funds. Not sure what the deal is with VXUS. BND and VBTLX are both share classes of the same fund (Vanguard Total Bond Market). I've also told M* that the current problem charting the growth of ETFs makes their site almost useless. There used to be a work-aroun...
by jhfenton
Thu Jul 09, 2020 6:57 am
Forum: Non-US Investing
Topic: High yield ETF portfolio
Replies: 6
Views: 567

Re: High yield ETF portfolio

[Response to removed post removed by admin LadyGeek] RQI Cohen & Steers Qty Inc Realty PKO PIMCO Income Opportunity GFO ? ETV EV Tax-Managed Buy-Write Opps ETV The problem is that that's not a portfolio. That's a REIT, a closed-end bond fund, and a closed-end stock+option fund—I can't find anything...
by jhfenton
Wed Jul 08, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Anybody use a percussion massage device?
Replies: 16
Views: 1336

Re: Anybody use a percussion massage device?

I bought one a couple of months ago on the recommendation of a running buddy, because I hadn't been able to get a massage since March. I had a knot in my quad that was indirectly making my knee hurt. He had good things to say about this one , so I bought the same one. It seems well made, and the bat...
by jhfenton
Mon Jul 06, 2020 8:39 pm
Forum: Personal Consumer Issues
Topic: FYI - Disney+
Replies: 44
Views: 7115

Re: FYI - Disney+

There were some wide angle shots of the whole set, but I thought that they could have done some more as that was one of the things I really remembered seeing it in person. The choreography of the whole cast was really a spectacle. I felt that a big part of the the "rewind" effect in Satisfied was l...
by jhfenton
Mon Jul 06, 2020 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Prime MM Fee Approaching SEC Yield
Replies: 2
Views: 553

Re: Vanguard Prime MM Fee Approaching SEC Yield

As whodidntante said, SEC yields are always net of expenses. If you look at Vanguard funds with multiple and ETF share classes you can see the SEC yield will differ by the difference in expense ratios.
by jhfenton
Thu Jul 02, 2020 8:16 am
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 120
Views: 8559

Re: Elementary school in Fall - choose Virtual or In-person

Our urban school district has announced a 50/50 in-person/online school plan for the fall, but the vote was close (4-3) between that plan and 5-days of in-person instruction. (It sounds as if they'll divide students into A and B pods and alternate days.) We have two high schoolers in the highest-rat...
by jhfenton
Wed Jul 01, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: FYI - Disney+
Replies: 44
Views: 7115

Re: FYI - Disney+

We're going to turn Disney+ on for a month to watch Hamilton too. My younger son and I are huge fans! I used up our original free trial to watch the Mandalorian. I waited until the last episode was about to be released so that I could binge the show during the trial. Since we don't watch Marvel movi...
by jhfenton
Sun Jun 28, 2020 2:37 pm
Forum: Investing - Theory, News & General
Topic: Hey Vanguard -- Offer a 3-Fund ETF Core Product
Replies: 17
Views: 1254

Re: Hey Vanguard -- Offer a 3-Fund ETF Core Product

That's not what iShares does. They will just release a new product with a lower ER. Why charge less for a product that people are locked into? Its one reason why no one should ever buy IJS right now when Vanguard and State Street do reduce costs on their funds. EEM still costs .68% and has 22B in a...
by jhfenton
Sun Jun 28, 2020 11:18 am
Forum: Investing - Theory, News & General
Topic: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible
Replies: 45
Views: 5491

Re: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible

Fidelity is now calling their offering "Stocks by the Slice". https://www.fidelity.com/trading/fractional-shares There must be some consumer market research that shows people understand and like the term "slices" more than "fractional shares." Slices of things are usually good, I guess. Pie. Cake. ...
by jhfenton
Sun Jun 28, 2020 11:10 am
Forum: Investing - Theory, News & General
Topic: Hey Vanguard -- Offer a 3-Fund ETF Core Product
Replies: 17
Views: 1254

Re: Hey Vanguard -- Offer a 3-Fund ETF Core Product

Here's an article asking why there aren't more all-in-one ETFs: See https://www.wsj.com/articles/whats-holding-back-all-in-one-etfs-11567995061. In the meantime, have you considered iShares' Core Allocation ETFs? I'm not the OP, but the iShares allocation ETFs are too expensive at 25 bp. If you loo...
by jhfenton
Fri Jun 26, 2020 7:16 am
Forum: Personal Investments
Topic: TLH Again: The "Sell All" Exception to Wash Sale, Stacked Indefinitely?!
Replies: 7
Views: 701

Re: TLH Again: The "Sell All" Exception to Wash Sale, Stacked Indefinitely?!

Something else to consider with your ETF choices. You didn’t mention in your original post that IJS and AVUV are both small cap value ETFs. Although people may disagree with this, if IJS and AVUV track the same index, ( I have not not researched this) the two securities would be considered substant...
by jhfenton
Sun Jun 21, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: Does AUM factor into your choice of Fund?
Replies: 39
Views: 2183

Re: Does AUM factor into your choice of Fund?

This is eye opening. I imagine all of these ETFs could simply not get off the ground running. I also imagine any ETF following a very broad based popular index is less likely to close. Yeah. It's somewhat amusing reading through the ETF.com closure list. You find a lot of alts, sector funds, single...
by jhfenton
Sun Jun 21, 2020 12:08 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1091
Views: 124569

Re: [Fidelity Health Savings Account Mega-Thread]

Our ridiculously tiny overage happened because I believed our credit union when they told me the 80 cents they had deposited for account verification purposes would be pulled back. I foolishly then immediately deposited the full allowable contribution and ended up with 80 cents extra because they d...
by jhfenton
Sun Jun 21, 2020 8:19 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1091
Views: 124569

Re: [Fidelity Health Savings Account Mega-Thread]

Our ridiculously tiny overage happened because I believed our credit union when they told me the 80 cents they had deposited for account verification purposes would be pulled back. I foolishly then immediately deposited the full allowable contribution and ended up with 80 cents extra because they d...
by jhfenton
Sun Jun 21, 2020 8:13 am
Forum: Investing - Theory, News & General
Topic: Should Vanguard offer a CMA/Service ?
Replies: 55
Views: 3677

Re: Should Vanguard offer a CMA/Service ?

Even if Vanguard offered such a service, I would not use it. I do my banking at credit unions, and I plan to keep it that way. I am not a fan of all-in-one solutions. I like Vanguard as a brokerage, but not as a general purpose financial institution. I appreciate that others want a CMA service, so ...
by jhfenton
Sun Jun 21, 2020 7:47 am
Forum: Investing - Theory, News & General
Topic: Does AUM factor into your choice of Fund?
Replies: 39
Views: 2183

Re: Does AUM factor into your choice of Fund?

One thing to keep in mind is that neither Vanguard and Schwab have ever closed an ETF. iShares on the other hand....... Yep. It looks like iShares has closed 85 ETFs, not counting 14 fixed-maturity bond funds, based on this iShares list and this ETF.com list . (The ETF.com adds three from 2002 that...
by jhfenton
Thu Jun 18, 2020 11:23 am
Forum: Investing - Theory, News & General
Topic: Does AUM factor into your choice of Fund?
Replies: 39
Views: 2183

Re: Does AUM factor into your choice of Fund?

Thank you! I am more referring to mutual funds. The one I am considering is FIPDX which has almost $8B in AUM. I should be fine with that. The main driver for my switch is because the expense ratio is 0.05% compared to Vanguard at 0.10% or 0.20%. I will be buying through Fund Access on the Vanguard...
by jhfenton
Thu Jun 18, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: Does AUM factor into your choice of Fund?
Replies: 39
Views: 2183

Re: Does AUM factor into your choice of Fund?

Would anyone here factor in the AUM of the Fund into their decision? Certainly not at that level. I used to draw the line at about $100MM in assets, but then I bought VFVA/Vanguard US Value Factor at launch ($7.5 MM). (It is over $100MM now.) And I currently have a sizable stake in EYLD/Cambria Eme...
by jhfenton
Thu Jun 18, 2020 11:07 am
Forum: Personal Investments
Topic: International stock exposure...is up to 40% necessary?
Replies: 71
Views: 5147

Re: International stock exposure...is up to 40% necessary?

If one is a "Boglehead" that would imply an adherence to the principles of Jack Bogle, which means if you must have international, keep it to no more than 20%. :beer (Note that I am not a strict Boglehead myself, as I am currently at 30% international.) Boglehead principles go beyond Mr. Bogle hims...
by jhfenton
Thu Jun 18, 2020 11:04 am
Forum: Personal Investments
Topic: selling ETFs, buying Mutual Funds
Replies: 27
Views: 1548

Re: selling ETFs, buying Mutual Funds

TaxingAccount wrote: Thu Jun 18, 2020 10:30 am No this was in an IRA.
You can have "limited margin" for IRAs. I don't see how they would have authority to charge interest unless it is a margin account.
by jhfenton
Thu Jun 18, 2020 11:02 am
Forum: Personal Consumer Issues
Topic: Streaming services quiz - WSJ
Replies: 5
Views: 767

Re: Streaming services quiz - WSJ

That is a flawed quiz. My two biggest complaints: 1. When I said I wanted international football (soccer), they offered six leagues to chose from that I might be interested in. None of the six was LigaMX, the top-tier Mexican league. LigaMX is by far the most-watched football league in the United St...
by jhfenton
Thu Jun 18, 2020 10:25 am
Forum: Personal Investments
Topic: selling ETFs, buying Mutual Funds
Replies: 27
Views: 1548

Re: selling ETFs, buying Mutual Funds

OK. I've been under that impression but just double checked with Vanguard myself. I was incorrect. You can use unsettled ETF funds to buy a mutual fund "in good faith" i.e. a simple trade. But you couldn't then turnaround and sell a fund you bought with still unsettled fund. So I stand corrected an...
by jhfenton
Tue Jun 16, 2020 8:44 am
Forum: Personal Investments
Topic: International stock exposure...is up to 40% necessary?
Replies: 71
Views: 5147

Re: International stock exposure...is up to 40% necessary?

This is well-trodden territory, and each side is convinced it is right. My take: 40% is still slightly underweighting international. If you're a Boglehead, you need to defend deviating from the market portfolio without referencing past performance. If you slip up and mention past performance, you're...
by jhfenton
Mon Jun 15, 2020 7:16 pm
Forum: Investing - Theory, News & General
Topic: New "Money In Excel"
Replies: 46
Views: 7165

Re: New "Money In Excel"

Looks like all the transactional data is stored in Azure. Microsoft says they will only look at anonymized data for engineering issues. Plaid also has the data. Anyway for me, I've decided that life is simpler if I don't give my passwords out. :happy No plaid for me. Me too. I don't use account agg...
by jhfenton
Mon Jun 15, 2020 9:37 am
Forum: Personal Investments
Topic: Final word on selling/buying VANGUARD ETFs on same day
Replies: 12
Views: 759

Re: Final word on selling/buying VANGUARD ETFs on same day

Did you already own VSCSX before and were just making a purchase for additional shares? Maybe my issue was at the time I did not own VFIAX, so I was not buying additional shares, but buying into the mutual fund, which I could not do with the ETF sale proceeds. Based on what you are describing, if I...