Search found 3125 matches

by jhfenton
Fri Aug 17, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 13
Views: 742

Re: Stable Value Funds vs Bond Fund

That's not exactly the same as the published yield going forward, usually found on the website somewhere or in the fine print of your quarterly statement, but it does give us a good idea. The yields often change on a quarterly basis. So it's probably in the 1.8% - 1.9% range now? I would guess so. ...
by jhfenton
Fri Aug 17, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Vanguard to offer non-Vanguard ETFs commission-free

To be frank, it's already a bit anticlimactic that they haven't rolled it out nearly 7 weeks after their announcement. In this day and age, you can't have that kind of delay between announcement and delivery, especially not with an open-ended delivery date. Remember VIPERS, international and EM ETF...
by jhfenton
Fri Aug 17, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1483

Re: Poor HSA Investment Options

tenkuky wrote:
Fri Aug 17, 2018 12:13 pm
I also am being prompted for a TD login, again should not be happening with SSO.
I just checked, and the SSO is still working for me. To be honest, though, I never use it. I just log directly into TD Ameritrade.
by jhfenton
Fri Aug 17, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: "Share Class Change to certain Fidelity Index funds"
Replies: 4
Views: 239

Re: "Share Class Change to certain Fidelity Index funds"

No they are not converting your mutual funds into the “ZERO” funds. They are just removing share classes of existing index funds that track third party indexes. They're not getting rid of third-party indexes yet either. They are merely consolidating most of their index funds down to a single share ...
by jhfenton
Fri Aug 17, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Vanguard to offer non-Vanguard ETFs commission-free

From Vanguard Blog today: What do commission-free ETFs mean for you? It'll be bad PR if they aren't able to roll it out by 8/31. +1 To be frank, it's already a bit anticlimactic that they haven't rolled it out nearly 7 weeks after their announcement. In this day and age, you can't have that kind of...
by jhfenton
Fri Aug 17, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Prime mm—> settlement fund for same day trade
Replies: 8
Views: 421

Re: Prime mm—> settlement fund for same day trade

I buy things (bonds and ETFs) and then fund them with a sale all of the time, usually from a bond fund like VSBSX (Vanguard Short Term Treasury Index Admiral Shares). It is not an issue, even in an IRA. Yes, the account shows a negative cash balance until the next morning. But the purchases don't se...
by jhfenton
Fri Aug 17, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 13
Views: 742

Re: Stable Value Funds vs Bond Fund

It really depends. What is the yield of the stable value fund? +1 My 401(k) stable value fund currently has a 7-day SEC yield of 1.86%. And my wife's is worse. The crediting rate for 3Q2018 is 1.15%! Needless to say that we don't touch those. The bond funds in both 401(k)s are bad too, though, so w...
by jhfenton
Thu Aug 16, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1483

Re: Poor HSA Investment Options

I like Lively a lot, but a few things for nitpickers to be aware of with them... 1. The chat feature is excellent, but is only available outside of your secure login account environment. I talked to them about this and it's mainly for marketing right now. If you have account specific questions, the...
by jhfenton
Thu Aug 16, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Lock Suitcases on International Flight or Not?
Replies: 24
Views: 1339

Re: Lock Suitcases on International Flight or Not?

I haven’t traveled internationally in years. But I’m going to England in a few weeks. Is it best to lock checked luggage or leave it unlocked? A good friend who flies internationally several times a year said leave suitcases unlocked. But I saw a mention of TSA approved locks and found these on Ama...
by jhfenton
Thu Aug 16, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct vs Vanguard for purchase
Replies: 7
Views: 631

Re: Treasury Direct vs Vanguard for purchase

At Vanguard you could easily sell them on the secondary market, but can only buy increments of $1,000. Some people complain about the TD website but you have experience with it already. That's about the only differences I know. I don't see how already having assets at Vanguard matters since you als...
by jhfenton
Thu Aug 16, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: "Fidelity Zero vs Vanguard: Which index fund is better?"
Replies: 9
Views: 763

Re: "Fidelity Zero vs Vanguard: Which index fund is better?"

The author makes an interesting observation that Dreyfus funds (now part of BNY Mellon) invested his money in their funds, and then raised fees after a while, and presumably he could not cash out due to capital gains. Definitely something to keep in mind for people considering investing in these "z...
by jhfenton
Thu Aug 16, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: The Case for Multifactor Funds
Replies: 17
Views: 1062

Re: The Case for Multifactor Funds

What? We had threads discussing QSPIX, the AQR Style Premia fund. This and similar AQR funds are multi-factor though they use leverage and shorting. I think what you are talking about are long only. And yes, you can get ETFs that concentrate on a factor at a time or several at a time in a long-only...
by jhfenton
Thu Aug 16, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: The Case for Multifactor Funds
Replies: 17
Views: 1062

Re: The Case for Multifactor Funds

This comes right after another Morningstar article that said there was no evidence that liquid alternatives helped portfolios. Perhaps two completely different things offer different value to a portfolio? I wouldn't say they are two different things, multi-factor funds are in the universe of altern...
by jhfenton
Thu Aug 16, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: The Case for Multifactor Funds
Replies: 17
Views: 1062

Re: The Case for Multifactor Funds

This comes right after another Morningstar article that said there was no evidence that liquid alternatives helped portfolios. Perhaps two completely different things offer different value to a portfolio? I wouldn't say they are two different things, multi-factor funds are in the universe of altern...
by jhfenton
Thu Aug 16, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate?
Replies: 62
Views: 4305

Re: Why the Yale Endowment Hate?

... I graduated from Harvard, so I am required to hate Yale. (But I have no dislike for their highly-successful endowment investment strategy.) Well, I graduated from MIT, so I can feel superior to both... MIT is a nice young school. With another century or two to develop, it will likely be a fine ...
by jhfenton
Thu Aug 16, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate?
Replies: 62
Views: 4305

Re: Why the Yale Endowment Hate?

1. There is nothing wrong with your allocation.
2. Your allocation is not really what Yale owns.
3. I graduated from Harvard, so I am required to hate Yale. (But I have no dislike for their highly-successful endowment investment strategy.)
by jhfenton
Thu Aug 16, 2018 7:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond vs Schwab Aggregate Bond: Moving in opposition
Replies: 6
Views: 771

Re: Vanguard Total Bond vs Schwab Aggregate Bond: Moving in opposition

If you have been checking during the day, you are looking at yesterday's price for the mutual fund and today's price for the ETF. The market has been up and down lately +1 http://i64.tinypic.com/35hqseq.jpg There are clearly minor index differences, but they were both up yesterday. If you want to r...
by jhfenton
Thu Aug 16, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: OK, maybe Vanguard's website IS a little old... "56K dial-up..."
Replies: 19
Views: 2117

Re: OK, maybe Vanguard's website IS a little old... "56K dial-up..."

I am a bit jealous when I read a post asking, “Should I upgrade to *some incredibly fast internet speed*?” But, I can go for a walk in the woods Just out my door. My search for a place out west to move in retirement is going to start with a map of available internet speeds. Goal: Highest speed inte...
by jhfenton
Wed Aug 15, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 39
Views: 3290

Re: Vanguard Switch to Brokerage Accounts

1. Yes, the inability to move joint (non-retirement) funds to individual 401(k)s applies to Roth and non-Roth accounts. There is no online workaround, including thru a settlement account. The Vanguard rep yesterday actually suggested that I ask for a check from our joint account, deposit it in my c...
by jhfenton
Wed Aug 15, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs Mutual Fund in Taxable
Replies: 9
Views: 1712

Re: ETF vs Mutual Fund in Taxable

https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds Can anyone independently confirm this? Vanguard ETFs are structured as another share class of a mutual fund, like Admiral or Investor shares. This is a process unique to Vanguard, protected by a patent until 2023, with two important consequences ...
by jhfenton
Wed Aug 15, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Why are 1yr Treauries paying more than 1yr brokered CDs?
Replies: 13
Views: 1081

Re: Why are 1yr Treauries paying more than 1yr brokered CDs?

Right now you can buy the 8/15/19 Treasury Note at at yield of 2.401% in quantity 1. At 100, you can get 2.428%. At 200, you can get 2.439%. (These are live Vanguard quotes.) All are better than the best new issue CD. And unless you want 1 (and only one) 4/12/19 CD at 2.472% or 1 (and only one) 8/12...
by jhfenton
Wed Aug 15, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Take your canes out in Emerging Markets
Replies: 23
Views: 2647

Re: Take your canes out in Emerging Markets

All Real Bogleheads ™ look to grap0013, praise be his username, for all of our emerging markets market timing predictions: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=182107 +1 :) I bought 25 VWO this morning. :beer I "went big" with 97 VWO split between two accounts (76 and 21) and 14 VS...
by jhfenton
Wed Aug 15, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Vanguard to offer non-Vanguard ETFs commission-free

aristotelian wrote:
Wed Aug 15, 2018 10:09 am
Anyone hearing any news on this? I am in need of a commission free EM ETF to harvest some of today's big drop.
No news. :?

I bought some VWO earlier to rebalance back to baseline.
by jhfenton
Wed Aug 15, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: The Case for Multifactor Funds
Replies: 17
Views: 1062

Re: The Case for Multifactor Funds

nedsaid wrote:
Wed Aug 15, 2018 9:14 am
This comes right after another Morningstar article that said there was no evidence that liquid alternatives helped portfolios.
Perhaps two completely different things offer different value to a portfolio?
by jhfenton
Wed Aug 15, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: What is the minimum to buy Vanguard Brokered C.D's?
Replies: 6
Views: 530

Re: What is the minimum to buy Vanguard Brokered C.D's?

The minimums are whatever it says the minimum quantity is listed on the ask for that CD. On new issues, they are all currently 10 ($10,000). On secondary market CDs it depends on the seller. Minimums are as low as 1 ($1,000) on many issues. Others are 5, 10, 20, etc. At quick glance, I see one with ...
by jhfenton
Tue Aug 14, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Alternative Investments
Replies: 31
Views: 3245

Re: Alternative Strategies

Don't look for the needle. Buy the haystack. -- Jack Bogle Best wishes. Taylor Where exactly can I buy the haystack (i.e., the global market portfolio)? Because if you're not buying that, you're just deciding which needles to buy. Disclaimer: I am not saying that the existing retail liquid alt fund...
by jhfenton
Tue Aug 14, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 181
Views: 23513

Re: Vanguard New Factor Funds Portfolio Statistics

We don't have end of July figures for VFMFX yet, but the two multifactor funds collectively probably passed the $100 MM mark in July. Trading volumes are still very low for VFVA. (They are low for VFMO, VFMV, VFLQ, and VFQY too, but I don't own or watch those.) Stale last trade prices well away from...
by jhfenton
Tue Aug 14, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: SCZ
Replies: 8
Views: 1747

Re: SCZ

10 years in, SCV (Intl Developed Markets Small-Cap) has beaten both in absolute terms and on a risk-adjusted basis: VSS (Developed & EM Small Cap) EFA (Developed Markets Large and Mid Cap) VTIAX (Developed & EM All Cap) All this despite a high (0.4) ER. I’m gonna make this one 50% of my internation...
by jhfenton
Mon Aug 13, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Unavailable - Anyone Else?
Replies: 4
Views: 738

Re: Vanguard Account Unavailable - Anyone Else?

Anyone else getting a "Your account information is temporarily unavailable" message when they try to login to Vanguard? No other info, except to call back during operating hours. :annoyed I opened a new account in the last month with hesitation. This isn't helping their image. Nope. Everything is u...
by jhfenton
Mon Aug 13, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1483

Re: Poor HSA Investment Options

I also invest my entire HSA in one asset class for simplicity, in my case emerging markets. SPEM, the SPDR Core Portfolio EM fund, is 11 bp. I also utilize one of the commision-free ETFs. I live in a state that does not recognize HSA as a tax advantaged investment vehicle so I minimize costs and tr...
by jhfenton
Sun Aug 12, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: The Best HSA
Replies: 60
Views: 5921

Re: The Best HSA

Recommend Optum Bank HSA: We pay ZERO fees with $2K cash balance + ~$95K invested in VTSAX. Optum has a wide variety of fee arrangements depending on your employer. YOU pay ZERO fees with a $2K cash balance. That deal is not available to the general public. Some folks pay Optum an asset-based fee t...
by jhfenton
Sun Aug 12, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Any word on when ETFs will be commission free at Vanguard?

Interested if anyone has word on when (I assume still this month) the 1800 ETFs will be commission free at Vanguard? Thanks, I'm interested in buying some. Also, if you want to give your favorite ETF as well, that'd be good. Mine's BND. They don't have a date that they are sharing publicly. I recei...
by jhfenton
Sun Aug 12, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 4722

Re: How often do you check your brokerage accounts

At least six days per week, typically every day Monday through Saturday. I verify our balances every evening in our tracking spreadsheet, and then at least once on the weekend. I decided a few of years ago to strike and record a balance every day for my records. I wish I had the data a lot further b...
by jhfenton
Sun Aug 12, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 115
Views: 7407

Re: [New Vanguard website layout starting Saturday, August 11]

The view is different depending on how you access you account balances. My Accounts -> Balances and Holdings = the old view of My Accounts -> Holdings (2nd tab of 5 across top) = the alternate view It works the same for me today as for darkhorse346. I've had the new Account Overview Page with more ...
by jhfenton
Sun Aug 12, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1483

Re: Poor HSA Investment Options

I also invest my entire HSA in one asset class for simplicity, in my case emerging markets. SPEM, the SPDR Core Portfolio EM fund, is 11 bp.
by jhfenton
Sat Aug 11, 2018 6:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Vanguard to offer non-Vanguard ETFs commission-free

darkhorse346 wrote:
Fri Aug 10, 2018 5:46 pm
Has anyone seen any official communications from Vanguard on the August 8th start date?
I spoke to an “Executive Correspondent” on Thursday (August 9), and he said they had no effective date to announce yet.

And like car733, I still see my usual commission on any draft orders.
by jhfenton
Fri Aug 10, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 39
Views: 3290

Re: Vanguard Switch to Brokerage Accounts

3. Today I went online to transfer some funds from our joint account to a Vanguard individual 401(k) account--something I have done in the past. Today the transfer option was not available, and when I called Vanguard I was told that transfers were not allowed from the new brokerage accounts. I was ...
by jhfenton
Fri Aug 10, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 638
Views: 53843

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Can you provide more information or a reference on this patent for tax-drag-reduction-magic (or whatever it is) that gives Vanguard an edge in taxable accounts? To Lay People a 0% ER sure sounds better than anything else. It's been written about extensively in this thread and a few others recently....
by jhfenton
Fri Aug 10, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 638
Views: 53843

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Interesting point in the prospectus for the ZERO funds: The fund may impose a purchase maximum on shareholders that would limit the ability of shareholders to purchase fund shares if their total purchases or account balance exceeds a dollar threshold. It is common for mutual funds to reserve the ri...
by jhfenton
Fri Aug 10, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: 1024.99 for a book. Why?
Replies: 21
Views: 3283

Re: 1024.99 for a book. Why?

I looked up an old college textbook on Amazon this week to see if it was still in print, and I found two separate listings: Histoire De La Langue for $36.98 new or $21.52 used HISTOIRE DE LA LANGUE DU LATIN A L'ANCIEN FRANCAIS for $2,943.25 shipping new / $847.15 to $846.40 for 4 used copies If not ...
by jhfenton
Fri Aug 10, 2018 6:21 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Vanguard to offer non-Vanguard ETFs commission-free

darkhorse346 wrote:
Fri Aug 10, 2018 4:47 am
August 8th?.... :shock:
I wonder where Benz and Johnson came up with August 8. Did Vanguard give them that date and miss it?

Based on a quick test order, they are still not commission-free this morning.
by jhfenton
Thu Aug 09, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Illiquidiity scenarios for Mutual Funds/ETFs
Replies: 21
Views: 1150

Re: Illiquidiity scenarios for Mutual Funds/ETFs

You would not want to "convert" in that case, because Vanguard converts at NAV. You would want to buy the heavily-discounted ETF and sell the mutual fund. Yes, of course. My arbitrage brain lobe was asleep. Dale We lowly retail investors seldom need our arbitrage brain lobes. By the time we notice ...
by jhfenton
Thu Aug 09, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Illiquidiity scenarios for Mutual Funds/ETFs
Replies: 21
Views: 1150

Re: Illiquidiity scenarios for Mutual Funds/ETFs

And I will be happy to convert my mutual fund shares to ETF shares if I can do so when the ETF is trading at a significant discount to NAV. Please let me know when it happens. Dale You would not want to "convert" in that case, because Vanguard converts at NAV. You would want to buy the heavily-disc...
by jhfenton
Thu Aug 09, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 81
Views: 15815

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

I just got a new job where the employer uses Optum bank for it's HSA. Like krick - I need to use it for the employer contributions. I currently have a HSA Bank/TD Ameritrade account with $5000 in cash, and soon a Optum HSA account with an additional $5000 in cash. So I'll have $10,000 in cash slowi...
by jhfenton
Thu Aug 09, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: The Best HSA
Replies: 60
Views: 5921

Re: The Best HSA

I guess I'm lucky. My employer's HSA is at HSA bank, my company pays all the fees, and each two week period I transfer over $265.35 to my TD linked account and buy commission free ETFs. I keep $0 on the HSA bank side. I am jealous of the simplicity. :sharebeer No fees and no requesting quarterly tr...
by jhfenton
Thu Aug 09, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18552

Re: Vanguard to offer non-Vanguard ETFs commission-free

I received a call this morning from a Vanguard "executive response" person--or something like that. He apologized for the delay in responding to my second message, but by the time someone read my message and forwarded it to someone for review, it added a couple more days to the usual 48-hour timelin...
by jhfenton
Thu Aug 09, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: The Best HSA
Replies: 60
Views: 5921

Re: The Best HSA

I guess one other caveat I should add is that I will just be doing a single lump sum into the HSA per year. I can afford to pay medical expenses if needed from cash and am self employed so matching and whatnot goes out the window. HSA is purely a retirement tax shelter in my mind. At this point sti...
by jhfenton
Thu Aug 09, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Pros and Cons of not using this Vanguard Fund
Replies: 5
Views: 666

Re: Pros and Cons of not using this Vanguard Fund

In my 457 account I have access to two very similar Large Cap Blend Funds. DCP Equity Fund - .11% ER https://www.retirement.prudential.com/RSO/web/fundsheets/NJADCPEQ.pdf VINIX - Vanguard Institutional Index Fund (Institutional Shares) - .12% ER https://www.retirement.prudential.com/RSO/web/fundshe...
by jhfenton
Thu Aug 09, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Total Market Index Fund on Taxable Account
Replies: 19
Views: 1501

Re: Fidelity Total Market Index Fund on Taxable Account

buy ITOT at Fidelity. Does ITOT have the same unique tax advantages of VTI that the original poster mentioned? All ETFs have the same legal structural tax advantage on capital gains. It is only unique to Vanguard index mutual funds. Vanguard has a patent that allows them to have an ETF share class ...