Search found 2484 matches

by jhfenton
Sat Jan 20, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 51
Views: 1857

Re: Post Your Morningstar Box Style

zaboomafoozarg wrote:
Sat Jan 20, 2018 10:23 pm
walletless wrote:
Sat Jan 20, 2018 3:57 pm
zaboomafoozarg wrote:
Sat Jan 20, 2018 3:05 pm
Whoever has the most in small value box wins, right?
I though who ever had the highest sum wins !!
They all add to to 100 so I guess we're all winners! :D
Mine adds up to 101. :beer
by jhfenton
Sat Jan 20, 2018 9:48 pm
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 84
Views: 21743

Re: WSJ Digital Subscription - a bargain!

The WSJ educational subscription is $49.00 for the first year and $4.00 per month after that (for digital, $9.99 per month for print and digital). The rate is the same for students, professors, and anyone with an .edu email address. Unlike most educational discounts, they don't require verified stud...
by jhfenton
Sat Jan 20, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Shortchange your match -- true for all employers?
Replies: 14
Views: 854

Re: Shortchange your match -- true for all employers?

My mini-megacorp (S&P 600 company) does not true up. My wife's new employer does not true up. Neither of us, in 20+ years of professional employment as an attorney and a CPA have had any employers that did a true up. The last few years, my employer has had a habit of prepaying most of our 4Q bonus d...
by jhfenton
Sat Jan 20, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 51
Views: 1857

Re: Post Your Morningstar Box Style

Value Blend Growth Large 7 5 3 Medium 15 9 4 Small 28 25 8 :beer Someone with a tilt more extreme than ours. My hat is off to you. It's hard to tilt that small with a 50% ex-US portfolio. Our largest position, VSS shows up as 01 01 02 20 21 25 13 11 07 all by itself, even though the median market c...
by jhfenton
Sat Jan 20, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21654

Re: Case study Broker trade executions

livesoft wrote:
Sat Jan 20, 2018 9:06 am
I am thinking collusion is why my orders did not execute.
You've become a problem, and The Man is trying to hold you down. #StayStrong
by jhfenton
Sat Jan 20, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 84
Views: 23956

Re: What's your U.S. : International ratio?

We're 50/50 U.S./ex-US with a heavy small-cap tilt on both sides and an extra tilt toward emerging markets.
by jhfenton
Fri Jan 19, 2018 10:02 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 51
Views: 1857

Re: Post Your Morningstar Box Style

Equities (updated as of this evening):

Image
by jhfenton
Fri Jan 19, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 158
Views: 19391

Re: New HSA provider Lively offers investments for $30/yr fee

Hmm. I haven't attempted an ACH to Lively, so I can't say whether the delay on an ACH pull was normal. But I haven't seen more than an overnight delay on the transfers to TD Ameritrade. I would call or email them and see what's up. I'd emailed them. That's their standard / normal speed for ACH. I b...
by jhfenton
Fri Jan 19, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 158
Views: 19391

Re: New HSA provider Lively offers investments for $30/yr fee

I wanted to report on the long lag time to get money into Lively/TDAM using Lively's ACH transfer. This is not custodian rollover. The following is the timeline in business days: Day 1: Submitted transfer request. Day 2: Morning: Money was deducted from external bank, but it was not credited to Liv...
by jhfenton
Fri Jan 19, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: 4k UHD TVs worth it?
Replies: 54
Views: 3257

Re: 4k UHD TVs worth it?

Most of the available 4K content at this point is streaming, and 4K streaming is not really much better (if at all) from blu-ray 1080p. But 4K streaming looks better than 1080 streaming, so we feel like it's valuable. Agree 100% with the above. I hope they'll eventually start encoding alternate 4K ...
by jhfenton
Fri Jan 19, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: 4k UHD TVs worth it?
Replies: 54
Views: 3257

Re: 4k UHD TVs worth it?

Meh. One of the movies in my collection came with a DVD in addition to the Bluray when I bought it. That made it easy to compare, and we're not even talking about the difference between HD 1080 lines) and UHD 4K (2160 lines). We're talking SD (480 lines) vs HD (1080 lines). On my 50" plasma, I can ...
by jhfenton
Fri Jan 19, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: International Small-cap Value Funds ??
Replies: 55
Views: 4867

Re: International Small-cap Value Funds ??

The key is longer-term data. Over multiple years any first-day tracking issues or any first-year growing pains get averaged out. One thing that causes end-date problems for Vanguard and most international mutual funds is fair value pricing . Indexes don't use fair-value pricing. (snip) From a few m...
by jhfenton
Thu Jan 18, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Investment Options Minus Top 10?
Replies: 20
Views: 1266

Re: Vanguard US Investment Options Minus Top 10?

buy Mid Cap and Small cap funds +1 I own no large cap U.S. blend or growth funds, therefore I own none of those 10 stocks. Buy large value, mid value, small value, and international. Problem solved. (We don't even own any large-cap developed. Our international is all small and emerging markets.) On...
by jhfenton
Thu Jan 18, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Investment Options Minus Top 10?
Replies: 20
Views: 1266

Re: Vanguard US Investment Options Minus Top 10?

badbreath wrote:
Thu Jan 18, 2018 7:59 pm
buy Mid Cap and Small cap funds
+1 I own no large cap U.S. blend or growth funds, therefore I own none of those 10 stocks. Buy large value, mid value, small value, and international. Problem solved. (We don't even own any large-cap developed. Our international is all small and emerging markets.)
by jhfenton
Thu Jan 18, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: International Small-cap Value Funds ??
Replies: 55
Views: 4867

Re: International Small-cap Value Funds ??

(The one-year numbers can jump around a bit due to end-date inconsistencies. Is there a way to deal with this? I look at NAV return vs index return, and focus on the longer term data. I guess you also look at other sources like etf.com to get slightly different date ranges. Maybe when I expect to m...
by jhfenton
Wed Jan 17, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 25
Views: 1525

Re: Is a Stable Value fund just a Variable Annuity?

Megacorp's offering is a fairly standard stable-value fund. It consists of synthetic GICs, meaning that they hold a portfolio of bonds of various types and maturities, then purchase insurance wrappers from a pool of financial companies. These wrappers guarantee the principal and rate. It's not any ...
by jhfenton
Wed Jan 17, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions
Replies: 25
Views: 1470

Re: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions

I get that you CAN pay the deductible (so can I, at any tier) but are we making GOOD BETS? The cost savings of raising deductibles as OP shows rarely makes sense in what I have seen. +2 I understand in theory the argument that I've read on here about self-insuring as much as possible, but I've done...
by jhfenton
Wed Jan 17, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Amount of Treasury Bonds to Double -- Does Supply/Demand Apply Here?
Replies: 4
Views: 696

Re: Amount of Treasury Bonds to Double -- Does Supply/Demand Apply Here?

The economics of government debt in the 21st century are fascinating. If you had asked me 20 years ago if a country with a debt-to-GDP ratio well over 2-to-1 could have negative nominal yields (and sub-1% nominal yields for 30-year bonds), I would have laughed. Past a certain point, Increased govern...
by jhfenton
Wed Jan 17, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: International Small-cap Value Funds ??
Replies: 55
Views: 4867

Re: International Small-cap Value Funds ??

I have my eye on ISCF (iShares EDGE MSCI Multifactor International Small Cap ETF), but at the moment it only has $29.9MM in assets. It is a bit over two years old, but it essentially attracted no assets at all until iShares cut the fee to 40 bp a year ago from 60 bp. .... I bought EMGF, ISCF's emer...
by jhfenton
Tue Jan 16, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21654

Re: Case study Broker trade executions

I have seen days when VSS opened with no trades, and an opening spread around $1 (which usually narrowed in a few minutes). A market-on-open on such a day would be equivalent to buying at the opening ask, or selling at the opening bid, so you would lose a large spread. 1. I'm skeptical that VSS cou...
by jhfenton
Tue Jan 16, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21654

Re: Case study Broker trade executions

Does it matter that jhfenton's test with VSS was for only one share? I don't want to go back and reread the thread, but I seem to remember some info that odd lot orders might receive different (and more favorable) treatment than 100+ share orders. On the flip side, I was thinking of a MOO buy order...
by jhfenton
Tue Jan 16, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21654

Re: Case study Broker trade executions

Shortly after 9:30 AM I got two texts. Both orders executed at a price of $123.80, so I'm just out the SEC fee on the sale. I don't know all the in's and outs of premarket trading but 1) Your orders did get executed in the opening "cross" :idea: and 2) You sold it to yourself. :D Yep. I was trying ...
by jhfenton
Tue Jan 16, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21654

Re: Case study Broker trade executions

I decided to test out a market open ETF swap this this morning with VSS. (I have VSS in multiple accounts, and I may want to move some around for rebalancing at some point.) VSS closed at $123.48 on Friday, and I guessed that it would open moderately higher (~$124) based on overseas market activity ...
by jhfenton
Tue Jan 16, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Best way to sell ETF in one account, buy it in another
Replies: 10
Views: 834

Re: Best way to sell ETF in one account, buy it in another

You can only do that if your limit prices are set right. I set my limit prices wrong in this post , but it worked out to my advantage. You can do the opening cross with market orders and have it always work. Agreed. If Vanguard's order interface were explicit that I was placing a market on open ord...
by jhfenton
Tue Jan 16, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Best way to sell ETF in one account, buy it in another
Replies: 10
Views: 834

Re: Best way to sell ETF in one account, buy it in another

Just place market orders for regular hours while the market is closed. Both orders will execute at the next opening cross for the exact same price. There will not be any spread at the opening cross, by definition. This is convenient and described in the Case study Broker trade executions thread. I ...
by jhfenton
Mon Jan 15, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 9508

Re: Besides Bogleheads, What Are Your Favorite Forums?

MacRumors: help with Apple products, news on new products Let'sRun Forums: running advice/banter +2 I love letsrun.com, but it's sensibility is pretty much the exact opposite of bogleheads.org. Almost no moderation. As a San Antonio Spurs fan, I sometimes visit spurstalk.com. I used to visit a lot ...
by jhfenton
Mon Jan 15, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2537

Re: Do people in the forum hold foreign bonds?

Developed market sovereign bonds? No. By the time you hedge them back to the dollar--which Vanguard does--you end up with something like slightly lower-yielding treasuries with a tiny bit of interest rate diversification. I will add a little bit when we get closer to retirement and have 30+% in fixe...
by jhfenton
Sun Jan 14, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 158
Views: 19391

Re: New HSA provider Lively offers investments for $30/yr fee

Also, if you are determined to use Vanguard mutual funds, you can make one initial purchase, and then set up free periodic investments on whatever schedule you want. So the mutual fund commission is only on the original purchase (and probably the eventual sale), not every year. (But I wouldn't use ...
by jhfenton
Sun Jan 14, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Apple Mac Mini/Pro Updates? Don't Want iMac
Replies: 14
Views: 1280

Re: Apple Mac Mini/Pro Updates? Don't Want iMac

Welcome to the club of sad Mac mini enthusiasts. :beer I have a quad core 2.6 GHz i7 Mac mini (Late 2012). It still performs remarkably well for daily stuff, and it is actually nearly twice as fast than the fastest 2014 Mac mini for multicore tasks (like the h.265 video encoding that I did today). (...
by jhfenton
Sun Jan 14, 2018 7:22 pm
Forum: Investing - Theory, News & General
Topic: International Small-cap Value Funds ??
Replies: 55
Views: 4867

Re: International Small-cap Value Funds ??

At this point, I only own VSS/VFSVX for international small cap. (It is our largest equity position.) None of the international small-cap value funds that I have access to are compelling yet. I have my eye on ISCF (iShares EDGE MSCI Multifactor International Small Cap ETF), but at the moment it onl...
by jhfenton
Sun Jan 14, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: International Small-cap Value Funds ??
Replies: 55
Views: 4867

Re: International Small-cap Value Funds ??

At this point, I only own VSS/VFSVX for international small cap. (It is our largest equity position.) None of the international small-cap value funds that I have access to are compelling yet. I have my eye on ISCF (iShares EDGE MSCI Multifactor International Small Cap ETF), but at the moment it only...
by jhfenton
Sun Jan 14, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Opening an HSA - Vanguard Admiral Shares available
Replies: 14
Views: 1148

Re: Opening an HSA - Vanguard Admiral Shares available

Lively is one of the cheapest options but they are removing all the Vanguard ETFs from the commission-free platform. The HSA Authority has a $1,000 threshold but then you can move 100% to investments. They do not have a dollar one option. They have Vanguards funds (albeit fewer options) than Health...
by jhfenton
Sun Jan 14, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Understand Expense Ratio
Replies: 14
Views: 775

Re: Understand Expense Ratio

The returns you see show up in the price of the fund are after expenses. Mutual funds are not allowed to report performance before expenses. Let's say you invest $1,000 in two funds with identical holdings (say the S&P 500), and those holdings return 10% over the next year. Fund A, with an ER of 0.1...
by jhfenton
Sun Jan 14, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 4515

Re: Merrill Edge best choice for higher net worth accounts?

I'll also get the platinum honors account from Bank of America, which seems to have some good perks and also a free safety deposit box, something I've been meaning to get. I've thought about it, but BOA doesn't have any branches within 250 miles of Cincinnati. They don't have any branches within Oh...
by jhfenton
Sun Jan 14, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4668

Re: Nostalgic about old online brokerages that no longer exist

I don't get nostalgic, but we were TD Waterhouse customers starting in 1998, a couple of years after TD bought Waterhouse Securities. We stayed through the acquisition by Ameritrade in 2005, and we finally jumped ship for Vanguard in 2015. We are actually back now in a limited way. Our HSA investmen...
by jhfenton
Sun Jan 14, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Opening an HSA - Vanguard Admiral Shares available
Replies: 14
Views: 1148

Re: Opening an HSA - Vanguard Admiral Shares available

Lively is one of the cheapest options but they are removing all the Vanguard ETFs from the commission-free platform. The HSA Authority has a $1,000 threshold but then you can move 100% to investments. They do not have a dollar one option. They have Vanguards funds (albeit fewer options) than Health...
by jhfenton
Sun Jan 14, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2143

Re: Do you correct cashier mistakes?

Usually, yes. With what you describe yesterday, though, I would have considered it them merely honoring the price I was quoted. It wasn't a "mistake" in the sense of a missing drink.
by jhfenton
Sat Jan 13, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: No more TDA Apex?
Replies: 10
Views: 936

Re: No more TDA Apex?

All reference to Apex appears to have been scrubbed from their website. I can't find anything logged in or logged out.

We had accounts there for nearly 20 years, but I only have my HSA there now (through Lively).
by jhfenton
Sat Jan 13, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard Small Cap Fund
Replies: 5
Views: 543

Re: Which Vanguard Small Cap Fund

livesoft wrote:
Sat Jan 13, 2018 1:52 pm
(helps with...transfer to a non-Vanguard broker)
That is a very good point. Where possible I try to use ETFs or ETF-convertible equity funds in taxable. It gives me the option to move the account or holding to another broker without worrying about taxes.
by jhfenton
Sat Jan 13, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard Small Cap Fund
Replies: 5
Views: 543

Re: Which Vanguard Small Cap Fund

Main difference: Different indices. VTMSX applies a tax-management overlay to the S&P 600 Small Cap Index. The S&P 600 is an index of very small companies selected to be representative of the small-cap market by a committee at S&P. There is a profitability requirement, so the portfolio has a quality...
by jhfenton
Sat Jan 13, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: Skating where the puck was; e.g., commodities. Factors next?
Replies: 35
Views: 2439

Re: Skating where the puck was; e.g., commodities. Factors next?

...as TSM increasingly becomes a big bet on large cap growth at current valuations... NO. IT. ISN'T. That is exactly what makes the total stock market different from every other strategy: it is the only one that cannot be overgrazed. Just to play devil's advocate for a minute...that particular argu...
by jhfenton
Sat Jan 13, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5360

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

On the other hand, my new 401(k) investments yesterday are guaranteed to underperform the funds they're invested in for the year! :oops:
by jhfenton
Fri Jan 12, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Pairing REITs With Long-Term Treasuries
Replies: 11
Views: 391

Re: Pairing REITs With Long-Term Treasuries

If choosing two assets to pair together, I would not choose an equity sensitive to long-term interest rates and a bond sensitive to long-term interest rates. REITS do better in periods of slowly-rising rates than people think, but they are still sensitive to interest rates.
by jhfenton
Fri Jan 12, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Fund order within Vanguard Brokerage Account
Replies: 9
Views: 554

Re: Fund order within Vanguard Brokerage Account

I must need more coffee. It's definitely by fund name - it's just the Totals are last. Ok, never mind. I will go get more coffee. It's a lot more clear when the names are in a tight row. I grovel in mortification.... :beer My complaint with the order is with the Bonds and CDs. I have a number of br...
by jhfenton
Fri Jan 12, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fund order within Vanguard Brokerage Account
Replies: 9
Views: 554

Re: Fund order within Vanguard Brokerage Account

My largest account with the most funds (by far) is listed in this order: VEGBX Vanguard Emerging Markets Bond Fund Admiral Shares VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares VFSVX Vanguard FTSE All-World ex-US Small Capital Index Fund Investor Shares VICSX Vanguard Intermediate-T...
by jhfenton
Fri Jan 12, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Fund order within Vanguard Brokerage Account
Replies: 9
Views: 554

Re: Fund order within Vanguard Brokerage Account

Mine are in alphabetical order by fund/ETF name, not the ticker, but the full fund name. Bonds are in order by CUSIP.
by jhfenton
Fri Jan 12, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: tax consequences of converting Vanguard MFs to ETFs
Replies: 13
Views: 692

Re: tax consequences of converting Vanguard MFs to ETFs

The conversion process from mutual fund to ETF is not a taxable event. There are exceptions. For instance, VBTLX cannot be "converted" to BND except by selling and re-buying, so selling is a taxable event if there is a realized gain. Check with Vanguard for all the rules and exceptions. Yes. Not al...
by jhfenton
Fri Jan 12, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: tax consequences of converting Vanguard MFs to ETFs
Replies: 13
Views: 692

Re: tax consequences of converting Vanguard MFs to ETFs

Vanguard ETF's and Mutual Funds have the same tax efficiency because the ETF is simply a share class of the mutual fund. Vanguard has a patent on this method, so it is proprietary for now. Yep. https://www.google.com/patents/US6879964 Even if this were not the case, I would be hard-pressed to belie...
by jhfenton
Thu Jan 11, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: Who Reads Mutual Fund Annual Reports
Replies: 7
Views: 392

Re: Who Reads Mutual Fund Annual Reports

I do read them, for two things. I read the annual market commentary, what markets or segments did well, what detracted from performance. I will admit that it is less interesting for my index fund holdings (nearly everything) than it would be for active funds. But I still find it interesting. I also ...
by jhfenton
Thu Jan 11, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 190
Views: 36136

Re: Best HSA (2017)

I'm not familiar with the SPDR funds, but those expense ratios are heartening to see. :beer They're all effectively brand new to all of us. Most of them were existing SSGA funds with inconsistent branding and higher expense ratios. SSGA consolidated them into a single "Portfolio Core" lineup, gave ...