Search found 292 matches

by seugene
Tue Oct 08, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: A, B and C mutual fund shares: example
Replies: 15
Views: 1210

Re: A, B and C mutual fund shares: example

Hopefully your presentation will also include no-load funds, which most BHs find to be the most attractive long-term value. Oh yeah, for sure. I built the presentation by going from upfront loads (the worst idea), to contingent deferred loads (only marginally better), to no loads but high expense r...
by seugene
Mon Oct 07, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: A, B and C mutual fund shares: example
Replies: 15
Views: 1210

Re: A, B and C mutual fund shares: example

GLState's examples are exactly what I needed, thank you.

I am actually not looking to buy or recommend load funds, but I am creating a presentation that needs to illustrate how loads and share classes work.

Thank you, all!
by seugene
Mon Oct 07, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: A, B and C mutual fund shares: example
Replies: 15
Views: 1210

A, B and C mutual fund shares: example

Hi All,

I need an illustration of a mutual fund's A, B and C shares (all 3 of those). I am having trouble finding mutual funds that offer all three of those share classes in the same fund. Anyone can refer me to funds like that?
by seugene
Mon Sep 16, 2019 2:44 pm
Forum: Investing - Theory, News & General
Topic: how to update this chart to the present day?
Replies: 2
Views: 377

how to update this chart to the present day?

What's an easy way to recreate this chart with dates going all the way to the present?
I am comfortable with Excel; just need to download all the return data from somewhere.

https://i.imgur.com/OlXV7p5.png
by seugene
Mon Apr 15, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Social Security retirement benefits application: "Do you expect to die within a year?"
Replies: 3
Views: 716

Re: Social Security retirement benefits application: "Do you expect to die within a year?"

I assume that it has to do with getting six months of retroactive benefits in a lump sum, assuming the person was SS eligible for those prior six months. Anybody older than their full retirement age can get retroactive benefits though, I understand. They do not need to have a shortened life expecta...
by seugene
Mon Apr 15, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Social Security retirement benefits application: "Do you expect to die within a year?"
Replies: 3
Views: 716

Social Security retirement benefits application: "Do you expect to die within a year?"

Hi All, A friend just helped somebody apply for Social Security retirement benefits. The applicant has a reduced life expectancy because of a serious illness. For some reason that neither my friend nor I can understand, the Social Security application asked if "you [the applicant] are ill and expect...
by seugene
Sat Mar 16, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: seeking a recovering life insurance sales person with penchant for theatrics in NYC area
Replies: 1
Views: 384

seeking a recovering life insurance sales person with penchant for theatrics in NYC area

Hi All! I am a long time Boglehead, who was actually inspired by these forums to become a financial advisor and a personal finance educator many years ago. I am teaching a "Personal Finance" course at a Community College in Manhattan, and for the life insurance part of the class, I want to partner w...
by seugene
Thu Jan 10, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: how to evaluate an ETF's trading volume
Replies: 7
Views: 509

Re: how to evaluate an ETF's trading volume

Thanks for all the replies so far.
Is it accurate to say that as long as the bid/ask spread is low, does not matter what the trading volume is?
by seugene
Thu Jan 10, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: how to evaluate an ETF's trading volume
Replies: 7
Views: 509

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 seugene
Thu Aug 30, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: How do I feed the 30-day SEC yield into a spreadsheet?
Replies: 7
Views: 1307

Re: How do I feed the 30-day SEC yield into a spreadsheet?

omg omg omg this worked PERFECTLY! Exactly what I needed. Thank you both! Perhaps I should now google that Xpath / importxml thing you mentioned, to see how else it can make my life easier. lol
by seugene
Thu Aug 30, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: How do I feed the 30-day SEC yield into a spreadsheet?
Replies: 7
Views: 1307

Re: How do I feed the 30-day SEC yield into a spreadsheet?

AlohaJoe wrote:
Thu Aug 30, 2018 10:20 am
If you don't know what Xpath is...then I don't have a good answer for you.
I don't. But that never stopped me from copying and pasting code I do not understand into cells. :-)
The only thing is - where / how here can I reference the cell with the ticker symbol?
by seugene
Thu Aug 30, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: How do I feed the 30-day SEC yield into a spreadsheet?
Replies: 7
Views: 1307

How do I feed the 30-day SEC yield into a spreadsheet?

Long story short: How do I automatically insert the up-to-date 30-day SEC yield of a fund into a spreadsheet, either Excel or Google Sheets? Short story long: I have a few Google Sheets spreadsheets where I automatically insert things like fund names, current share prices, expense ratios, all from ...
by seugene
Fri Jun 08, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: 19 years maturity, and only a FOUR year duration?
Replies: 4
Views: 676

Re: 19 years maturity, and only a FOUR year duration?

I just called BlackRock, whose mutual fund my question was about. They told me something interesting. They said they do buy long term bonds, but to bring effective duration much shorter, they also short Treasury futures. Pretty interesting strategy.
by seugene
Fri Jun 08, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: can a mutual fund manager tax loss harvest?
Replies: 7
Views: 637

Re: can a mutual fund manager tax loss harvest?

Thanks, all.

So, I guess "tax-managed" funds would do it. I wonder how common it is among funds that do not declare themselves as tax-aware.
by seugene
Fri Jun 08, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: can a mutual fund manager tax loss harvest?
Replies: 7
Views: 637

can a mutual fund manager tax loss harvest?

Obviously, tax loss harvesting with mutual funds is available to investors in taxable accounts. Can the manager of a mutual fund tax loss harvest and thus reduce the capital gains that will be distributed the shareholders?
by seugene
Mon Jun 04, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: 19 years maturity, and only a FOUR year duration?
Replies: 4
Views: 676

19 years maturity, and only a FOUR year duration?

How can a bond fund with such long average maturity (~19 years) have such a short (~4 yrs) duration? http://www.morningstar.com/funds/XNAS/MKNKX/quote.html If average coupon payments were super-high, I can see how this can MAYBE happen - but they aren't. Impending call provisions could be another re...
by seugene
Sun Jan 14, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Why did Vanguard start an Institutional REIT fund?
Replies: 6
Views: 1189

Re: Why did Vanguard start an Institutional REIT fund?

It's a slight ER drop from Admiral (0.10% instead of 0.12%). It's 0.08% instead of 0.12%, from what I see on Morningstar. My 401k switched to the institutional VG REIT fund shortly after it came out. Wow, that's fast. 401k administrators rarely move that fast. What kind of company do you work for, ...
by seugene
Sun Jan 14, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Why did Vanguard start an Institutional REIT fund?
Replies: 6
Views: 1189

Why did Vanguard start an Institutional REIT fund?

I am snooping around looking at all the funds I use in my portfolio, and I noticed something interesting in the Vanguard REIT Fund: http://portfolios.morningstar.com/fund/holdings?t=VGSLX. The largest holding in it is something called "Vanguard REIT II Index", which is this fund here: http://www.mor...
by seugene
Mon Apr 03, 2017 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: withdrawal of Roth conversions made before 5 years ago vs. after
Replies: 5
Views: 982

withdrawal of Roth conversions made before 5 years ago vs. after

I made some withdrawals from Roth IRA over and above the amounts of my contributions, which means that the withdrawals came out partially from converted amounts. I cannot see in the IRS Form 8606 where the determination is made whether the withdrawals are made from conversions before 5 years ago or ...
by seugene
Fri Jan 27, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: need monthly returns going back 20 years
Replies: 1
Views: 458

need monthly returns going back 20 years

Where can I get monthly returns for a bunch of investments (ETFs mostly) going back 20 years? Morningstar data is only given going back to 2012. I want to run some correlation numbers.
by seugene
Sun Nov 27, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: Not DFA - what are the best Value and MOM funds?
Replies: 20
Views: 4526

Re: Not DFA - what are the best Value and MOM funds?

The problem with RZV is that is has historically had a very significant negative momentum loading. Yeah, value and momentum are negatively correlated, so I would expect a deep value fund to have negative momentum. You don't judge a fish by how well it climbs trees. :-) Both those risk factors are r...
by seugene
Fri Nov 25, 2016 11:54 pm
Forum: Investing - Theory, News & General
Topic: Not DFA - what are the best Value and MOM funds?
Replies: 20
Views: 4526

Re: Not DFA - what are the best Value and MOM funds?

If investing in value and momentum, it would be preferable to pick a multi-factor fund to avoid overlap, conflicting positions, and extra costs. GS has a multi-factor ETF. 1. There is zero holding overlap between, say, RZV and MTUM. 2. Conflicting positions: I'll have to research this more. I wonde...
by seugene
Fri Nov 25, 2016 7:29 pm
Forum: Investing - Theory, News & General
Topic: Not DFA - what are the best Value and MOM funds?
Replies: 20
Views: 4526

Re: Not DFA - what are the best Value and MOM funds?

I use RZV to load up on small value. I also use RPV for mid cap value, but going to eliminate that, in order to simplify the portfolio.

For momentum factor, I can mention MMTM in addition to already mentioned MTUM.
by seugene
Thu Nov 24, 2016 7:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has momentum and value factor ETFs. Really.
Replies: 8
Views: 4705

Re: Vanguard has momentum and value factor ETFs. Really.

GreatOdinsRaven wrote:I'll be particularly interested in their after tax performance.
No space in retirement accounts? I am not lucky enough to have that problem. :D
Momentum is pretty tax-inefficient, because of turnover.
by seugene
Thu Nov 24, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has momentum and value factor ETFs. Really.
Replies: 8
Views: 4705

Re: Vanguard has momentum and value factor ETFs. Really.

Those seem to be different ETFs. The links I gave mention different ticker symbols, and they are in the UK, not in Canada. And ERs are 22 basis points, not 35.
by seugene
Thu Nov 24, 2016 11:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard has momentum and value factor ETFs. Really.
Replies: 8
Views: 4705

Vanguard has momentum and value factor ETFs. Really.

See https://americas.vanguard.com/institutional/mvc/detail/etf/overview?portId=9397&assetCode=EQUITY and https://americas.vanguard.com/institutional/mvc/detail/etf/overview?portId=9398&assetCode=EQUITY. Except, they are not available in the US, apparently. :oops: What gives? Do they have plans to in...
by seugene
Sun Dec 23, 2012 11:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard Int'l Bond--any news?
Replies: 79
Views: 12095

Re: Vanguard Int'l Bond--any news?

also: BWZ, BWX, ISHG.
by seugene
Sun Feb 12, 2012 9:40 am
Forum: Investing - Theory, News & General
Topic: it's a stock picker's year
Replies: 31
Views: 3319

Re: it's a stock picker's year

RZV from Rydex is a good alternative to Bridgeway OMNI fund (BOSVX). By some measures, it has an even higher factor loading. It also costs less and is available everywhere.
by seugene
Sat Oct 29, 2011 7:22 pm
Forum: Investing - Theory, News & General
Topic: Duration and bond funds
Replies: 16
Views: 1345

Re: Duration and bond funds

Duration is a good theoretical concept to understand interest rate risk of bonds and bond funds, but it's important to understand its many limitations as well. In no particular order: First, when people talk about interest rate changes, the question is WHICH interest rates. Fed actions affect only t...
by seugene
Sat Oct 15, 2011 1:06 am
Forum: Investing - Theory, News & General
Topic: Tax "Gain" Harvesting
Replies: 57
Views: 5227

I vaguely remember reading somewhere that some brokerages / mutual fund companies can execute a request to reset basis for tax purposes by recording a sell and a buy on the same day at the same price without actually trading. Did I dream this up, or did anyone actually ever do this?
by seugene
Wed Oct 05, 2011 6:58 am
Forum: Investing - Theory, News & General
Topic: Your rate of return (for Bogleheads portfolios > 10 years
Replies: 16
Views: 2534

- Do you consider yourself an index investor for last 10 or more years? For the most part, except for less than a year in the beginning. - Did you stay the course? Yes, as in "never sold in a panic". - What is your AA? (if it was changing please comment) 100% stocks early on, anywhere from 80% to 90...
by seugene
Wed Jul 27, 2011 2:22 pm
Forum: Investing - Theory, News & General
Topic: example of importance of starting investing early
Replies: 2
Views: 642

example of importance of starting investing early

I am writing a presentation on retirement investing, and I can't remember where I've seen this illustration on the importance of starting early. It goes something like this: John and Jane invest the same way (same investment return), are of the same age, similar incomes and retirement goals. Jane st...
by seugene
Sat Apr 23, 2011 11:24 am
Forum: Investing - Theory, News & General
Topic: A 1989-vintage guideline. Age 65: 0% to 20% stocks!
Replies: 49
Views: 6643

Of course, caveman, the advice that "without a pension, you must invest (risk) more in the stock market in order to have enough money to retire" is awful. It's like saying if you can't afford to lose any money at the casino you shouldn't avoid it, you should just bet more. Unfortunately, some plann...
by seugene
Sat Apr 23, 2011 2:48 am
Forum: Investing - Theory, News & General
Topic: TIPS do better w/unexpected inflation: by what factor?
Replies: 24
Views: 3556

Bongleur, your question implies that there is a bullet-proof or at least high probability relationship between the unexpected inflation and the increase in price of TIPS. I do not think the question is possible to answer because TIPS have not been around much to collect that data, but much more impo...
by seugene
Mon Apr 18, 2011 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Which Card Issuers can setup intelligent autopay?
Replies: 11
Views: 3242

As a side rant, I don't understand why card issuers like to default autopayment to the due date. It leaves totally no room for error and if something screws up, I'm slap with a late payment and a black mark on my credit report... late fees can often be removed if you ask - some issuers do it for ev...
by seugene
Sun Jan 30, 2011 3:04 am
Forum: Personal Finance (Not Investing)
Topic: Mysterious $0.00 1099-R
Replies: 3
Views: 1959

Re: Mysterious $0.00 1099-R

SSSS wrote:...what on earth is this?
I do not know. But Wachovia does.
by seugene
Sun Jan 30, 2011 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Best online bank for checking?
Replies: 30
Views: 8173

See the "quick summary" table here for some banks/accounts to research further.
by seugene
Sun Jan 30, 2011 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Fire Your Financial Adviser, Unless They are a Fiduciary
Replies: 44
Views: 5291

If you are a CFP and are selling investments for your b/d, you are no more a fiduciary than the guy in the next office without a CFP. The CFP Standards of Professional Conduct that every CFP certificant or a candidate agrees to beg to differ. No matter what your employer says - if you advertise you...
by seugene
Fri Jan 28, 2011 11:32 pm
Forum: Investing - Theory, News & General
Topic: Paying off Mortgage Early?
Replies: 37
Views: 7025

Well, since you are in the 50% marginal income tax bracket when you count your state income taxes, that 5.14% mortgage is really 2.57% after-tax. That is only true if he itemizes his deductions. ...AND if the sum of his itemized deductions other than the mortgage interest is at least as high as his...
by seugene
Mon Jan 24, 2011 10:30 am
Forum: Personal Finance (Not Investing)
Topic: HERESY: Help Me Raid My 401k
Replies: 50
Views: 6674

Which options are available with your 401k plan? loans? hardship withdrawals? in-service distributions?
by seugene
Mon Jan 24, 2011 6:50 am
Forum: Investing - Theory, News & General
Topic: Is a Treasury Default Possible?
Replies: 36
Views: 3821

natureexplorer wrote:Since when is there a difference between printing money and defaulting?
Since forever. Governments can print money, and it is not default by any definition.
by seugene
Sat Jan 22, 2011 1:09 am
Forum: Personal Finance (Not Investing)
Topic: HERESY: Help Me Raid My 401k
Replies: 50
Views: 6674

Then, there is the opportunity cost on the earnings on that money. Sure, you get the 8.5%, but you lose what you would have earned otherwise. But is that likely to be higher than 8.5 with the same or lower risk? No way! So then by paying off the mortgage from the 401k you do not pay an "opportunity...
by seugene
Thu Jan 20, 2011 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: HERESY: Help Me Raid My 401k
Replies: 50
Views: 6674

You pay a 10% penalty plus taxes for early distributions from a 401k. How exactly is that "saving" 8.5%? You'll pay taxes anyway sooner or later. OK. using that logic, why invest in tax advantaged vehicles at all? 401k's or IRA just defer paying the taxes, why bother with them if "you'll pay taxes ...
by seugene
Thu Jan 20, 2011 12:25 am
Forum: Personal Finance (Not Investing)
Topic: GMO Projected Asset Returns 01/01/11
Replies: 22
Views: 3548

Can someone provide GMO's definition of "U.S. high quality" ? US stocks carefully selected by GMO's advisors... They will let us know what they are... 7 years from now. Okay, I guess people doing dumb things can use dumb charts to further their dumb thing doing. You're a riot, Chin! :lol: :lol: :lol:
by seugene
Thu Jan 20, 2011 12:16 am
Forum: Personal Finance (Not Investing)
Topic: HERESY: Help Me Raid My 401k
Replies: 50
Views: 6674

leonard wrote:You pay a 10% penalty plus taxes for early distributions from a 401k. How exactly is that "saving" 8.5%?
You'll pay taxes anyway sooner or later. The 10% penalty is a ONCE thing, but 8.5% applies every year until he pays it off or refinances.
by seugene
Thu Jan 20, 2011 12:07 am
Forum: Personal Finance (Not Investing)
Topic: HERESY: Help Me Raid My 401k
Replies: 50
Views: 6674

OP, everything is speculation until you talk to your plan administrator to ask about three things: One, does your 401k allow " in-service distributions "? Few do but it is possible. If yours does, you can roll over some or all of the balance to an IRA where it may be easier to withdraw the funds. Tw...
by seugene
Wed Jan 19, 2011 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: make sense to max-out 401K when semi-retired ?
Replies: 15
Views: 2024

"...up to the converted amount"....But isn't that saying that you can withdraw your regular contributions, not the converted contributions, without penalty? No. Here is an example: $50,000: contributions over the years $10,000: conversions more than 5 years old $15,000: conversions less than 5 year...
by seugene
Wed Jan 19, 2011 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: make sense to max-out 401K when semi-retired ?
Replies: 15
Views: 2024

After OP is over 59.5 years old (he may be there already), the 5 year waiting period stops mattering. You could be right Yes, I checked before posting. There are no taxes or early withdrawal penalty if you withdraw up to converted amount (*) after attaining age 59.5 - even if the conversion happene...