Search found 60 matches

by boglety
Sat Mar 14, 2015 3:13 pm
Forum: Investing - Theory, News & General
Topic: PXSV has changed indexes
Replies: 131
Views: 24497

Re: PXSV has changed indexes

Is the index now changed to similar what Ishares and Vanguard 2000 offers? Russell 2000 small value? It seems like a marketing gimmick to add that pure Russell 2000 small cap value if it's the same index as what Ishares and Vanguard offers. I for one will be looking to transition my future small cap...
by boglety
Thu Jul 24, 2014 1:15 am
Forum: Investing - Theory, News & General
Topic: Due diligence on RAFI Pure Small Value
Replies: 189
Views: 26310

Re: Due diligence on RAFI Pure Small Value

The correct time period would be to start in 2012, since PXSV followed a different index prior to 6/16/2011.

Performancewise PXSV has done better compared to VBR (vanguard small cap value etf) in 2012 (21.29 compared to 18.78) and
2013 (44.14 compared to 36.57).
by boglety
Tue Feb 04, 2014 10:36 am
Forum: Personal Investments
Topic: FPL Capital Management
Replies: 13
Views: 2211

Re: FPL Capital Management

I have recently signed up with FPL Capital. They are able to do as much hand holding as you want and the fee I think is reasonable especially for a DIY investor who wants DFA access. I have been investing in RAFI funds which have some difficulty match their index due to trading costs and expenses. I...
by boglety
Sat Jan 25, 2014 10:37 am
Forum: Personal Consumer Issues
Topic: Seattle as a place to live?
Replies: 74
Views: 11619

Re: Seattle as a place to live?

I live in a suburb of Seattle and definitely the housing prices of Seattle have skyrocketed in the past 3 years. The busing system is the best I have seen compared to other cities I have lived in. My recommendation is to rent for 6 months to 1 yr to figure out what kind of neighborhood you like. The...
by boglety
Mon Jan 20, 2014 2:06 am
Forum: Investing - Theory, News & General
Topic: Momentum ETFs to Complement Value Tilt
Replies: 2
Views: 1029

Momentum ETFs to Complement Value Tilt

Is anyone using a momentum ETF to complement their value tilt? It would seem a momentum strategy should be done using ETF instead of mutual fund due to the high turnover and short term capital gains. Momentum seem to be a play on growth as companies included in the index tend to have high book value...
by boglety
Tue Jan 07, 2014 2:57 am
Forum: Investing - Theory, News & General
Topic: Optimal allocation with a DFA portfolio
Replies: 15
Views: 6700

Re: Optimal allocation with a DFA portfolio

Great post Robert, if I may ask is there a reason why you would pick a 60% growth/40% value portfolio as opposed to 30 to 40% growth and 60 to 70% value? Would that increase both the return and SD? Annualized returns/SD 1982-2012 US Vector = 13.1/19.1 60% Large Growth:40% Targeted Value = 13.1/17.5 ...
by boglety
Sat Jan 04, 2014 10:39 am
Forum: Investing - Theory, News & General
Topic: Optimal allocation with a DFA portfolio
Replies: 15
Views: 6700

Re: Optimal allocation with a DFA portfolio

Great feedback from everyone, to rephrase the original question. Theoretically, would incorporating the DFA growth/profitability portfolio to small and value reduce tracking error risk to the SP500 compared to the Vector portfolio? Mean variance is probably not the best route to go in my opinion. As...
by boglety
Fri Jan 03, 2014 11:41 pm
Forum: Investing - Theory, News & General
Topic: Optimal allocation with a DFA portfolio
Replies: 15
Views: 6700

Optimal allocation with a DFA portfolio

What would be the optimal asset allocation with a DFA portfolio to reflect factors such as profitability, small cap and value? Would it be better to just divide the asset allocation into DFA Domestic Large growth and large value DFA Domestic Small growth and small value DFA International large growt...
by boglety
Tue Dec 03, 2013 2:38 am
Forum: Non-US Investing
Topic: Need advice for a non-US investor (expat Brit in HK)
Replies: 9
Views: 1252

Re: Need advice for a non-US investor (expat Brit in HK)

I would recommend you consider Vanguard UK traded ETFs denominated in dollars. You can avoid dividend taxes on the non-US ETFs. For the UK traded US ETF, the dividend tax is taken out already. The Vanguard UK ETF have lower volume and slightly higher ER but you will save alot more in the long term b...
by boglety
Mon Aug 05, 2013 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Zion Direct save money on muni's
Replies: 7
Views: 1168

Re: Zion Direct save money on muni's

From my experience pricing is about the same but having a larger selection helps quite a big with diversification. Schwav has more state GO availability which is what I am interested in. Experience with Zion's they tend to only have California state GO and some small cities.
by boglety
Sun Aug 04, 2013 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Zion Direct save money on muni's
Replies: 7
Views: 1168

Re: Zion Direct save money on muni's

I currently use Schwab. It has a much larger inventory then Zions Direct and the pricing is pretty good (verified at Electronic Municipal Market Access website). Zions Direct used to be my main brokerage for Munis but the inventory and price made me lean towards Schwab.
by boglety
Sat Mar 30, 2013 12:02 pm
Forum: Investing - Theory, News & General
Topic: Mom and Pop Trampled by the Bulls
Replies: 76
Views: 9412

Re: Mom and Pop Trampled by the Bulls

At some point one has to wonder if the majority of accounts shouldn't be on automatic rebalance and asset allocation. Just like automated payments. The majority of people can't seem to do it properly, so for their own good a program or possibly a fiduciary advisor should put their portfolio on autom...
by boglety
Fri Mar 22, 2013 12:32 am
Forum: Investing - Theory, News & General
Topic: Nation’s Largest Pension Considers More Indexing
Replies: 15
Views: 2340

Re: Nation’s Largest Pension Considers More Indexing

Calpers is acting like a drunk chasing performance. oh S&P 500, EAFE, EM, etc. did well for the past couple of years, let's go index. In a few years, if some alternative investment does well and then their consultants will say time to go to commodities, hedge funds, etc. You would think $256 bil...
by boglety
Sat Mar 09, 2013 5:46 am
Forum: Non-US Investing
Topic: Avoid the dividend tax on foreign investors [Hong Kong]
Replies: 43
Views: 7679

Re: Avoid the dividend tax on foreign investors [Hong Kong]

I noticed almost half of Etfs traded in UK were denominated in dollars. You can google LSE and etf to see Providers in UK.
by boglety
Thu Mar 07, 2013 12:46 am
Forum: Non-US Investing
Topic: Avoid the dividend tax on foreign investors [Hong Kong]
Replies: 43
Views: 7679

Re: Avoid the dividend tax on foreign investors [Hong Kong]

I am thinking you want to avoid synthetic etfs and you would still pay withholding tax if you hold Singapore etfs denominated in dollars? Just trying to figure out your concern with Singapore etfs denominated in dollars
by boglety
Sat Mar 02, 2013 10:00 pm
Forum: Non-US Investing
Topic: Avoid the dividend tax on foreign investors [Hong Kong]
Replies: 43
Views: 7679

Re: Avoid the dividend tax on foreign investors [Hong Kong]

How about Singapore? There are Etfs on their stock exchange that trade in USD
by boglety
Sun Feb 10, 2013 8:27 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8710

Re: DFA Growth funds?

Perhaps cost and turnover is more important instead of the definition active or passive. Vanguard has quite a few good active bond funds with low turnover which perform like a passively managed index.
by boglety
Sat Jan 26, 2013 7:35 pm
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

Re: Seattle Local Chapter? The answer is "Yes"

Ill be happy to host another meeting if we want to develop an agenda to discuss. Last one went pretty well I was thinking the following Index products/providers that everyone is using ETFs vs mutual fund structure Rebalancing Taking advantages of tax deferal/advantaged accounts Let me know and we ca...
by boglety
Sun Jan 06, 2013 12:40 pm
Forum: Personal Consumer Issues
Topic: Getting around Rome and Italy
Replies: 4
Views: 606

Getting around Rome and Italy

My wife and I will be in Rome for several days before hopping onto a cruise in the late spring, early summer time. Does anyone know how much money and distance it takes to get to downtown Rome or the tourist areas from the FCO Leonardo da Vinci airport? Just trying to figure out if it's worth my whi...
by boglety
Sat Dec 01, 2012 8:39 pm
Forum: Investing - Theory, News & General
Topic: High Yield Bonds for Portfolio Diversification?
Replies: 41
Views: 3914

Re: High Yield Bonds for Portfolio Diversification?

re Larry:

Muni bonds also face call risk causing the investor to lose control over the maturity and you are a big advocate for them. I know you are against GNMA bonds for the same reason. When is it okay to lose control over maturity?
by boglety
Wed Aug 22, 2012 9:08 pm
Forum: Investing - Theory, News & General
Topic: Why I Don't Like the International REITS & Real Estate Fund
Replies: 66
Views: 10176

Re: Why I Don't Like the International REITS & Real Estate F

In reviewing the fund information on the Vanguard website, it appears that approximately 60% of the fund net assets are concentrated in the greater Pacific/Asia area. Not only is this a sector bet, but also a regional bet. I suppose putting 100% of REIT allocation in US real estate in not a sector ...
by boglety
Sat Aug 04, 2012 5:17 pm
Forum: Personal Investments
Topic: DFA Funds???
Replies: 27
Views: 3832

Re: DFA FUNDS???

International and small value have to underpeform some time otherwise there wouldnt be any risk. Just like stocks have to underperform t bills. All this of course should be explained by your advisor. If your advisor can't explain this, than he is not worth much....
by boglety
Mon Jul 23, 2012 11:54 pm
Forum: Investing - Theory, News & General
Topic: International REITs -- More diversification or too risky?
Replies: 17
Views: 2021

Re: International REITs -- More diversification or too risky

I reviewed the index funds in a 401k plan with no additional fees and drooled

S&P500: 0.011%
DJ Completion Index: 0.037%
MSCI EAFE: 0.063%
MSCI Emerging: 0.232% (not as impressive since I get 0.22% from VWO)
by boglety
Tue Jun 19, 2012 9:41 pm
Forum: Investing - Theory, News & General
Topic: A Full Suite of Globally Tilted Index Opportunities
Replies: 7
Views: 1395

Re: A Full Suite of Globally Tilted Index Opportunities

re Jerry:

Looking at EVAL it is basically a large value tilt. The only small value tilt available in ETF is DGS from Wisdomtree.
by boglety
Sat Apr 07, 2012 8:09 pm
Forum: Investing - Theory, News & General
Topic: can you capture the small premium
Replies: 154
Views: 8631

Re: can you capture the small premium

I guess Steady Eddy follows Wade Pafu's advice to match liabilities with Tips and I bonds, etc. My thoughts are that's all fine for those who don't want to risk equities, small value, international value, emerging, etc. But no one is getting my capital paying less than expected rate of inflation e.g...
by boglety
Thu Mar 22, 2012 9:34 pm
Forum: Investing - Theory, News & General
Topic: DFA SV 94-07
Replies: 9
Views: 1061

Re: DFA SV 94-07

It looks like value trumps growth over long periods of time. Besides the risk, it looks like there is avoidance of bubbles with lower P/E and book values. Basically a low of supply and demand, less demand for the "value" companies with different sectors falling into that category when they...
by boglety
Sat Mar 17, 2012 11:10 am
Forum: Investing - Theory, News & General
Topic: diversifying across risk factors
Replies: 41
Views: 2942

Re: diversifying across risk factors

If there were good products available to capture the momentum effect that were low turnover, tax efficient and one believed in this. What percent of equities should be allocated to this? 10% 20%?
by boglety
Sun Mar 11, 2012 10:51 pm
Forum: Investing - Theory, News & General
Topic: wealthtrack pbs tv show
Replies: 5
Views: 933

Re: wealthtrack pbs tv show

Wealthtrack is quite interesting as every week there is a different expert e.g. 1st week: Invest in value 2nd week: Invest in international 3rd week: Focus funds 4th week: Bonds 5th week: Diversify to the nth degree 6th week: Invest in domestic funds 7th week: Large cap dividend equities 8th week: M...
by boglety
Tue Mar 06, 2012 11:19 pm
Forum: Personal Investments
Topic: Business Development Companies (BDCs)?
Replies: 10
Views: 1152

Re: Business Development Companies (BDCs)?

BDCS is an ETN from UBS which invests in BDCs. The main problem is the low daily trading volume and limited asset under management. Here's the link http://www.ibb.ubs.com/mc/etracs_US/alt ... -bdc.shtml
by boglety
Sat Feb 11, 2012 2:56 pm
Forum: Investing - Theory, News & General
Topic: it's a stock picker's year
Replies: 31
Views: 3332

Re: it's a stock picker's year

Re: Larry

For a boglehead who does not have access to DFA or Bridgeway small cap value funds, what would you recommend?
S&P small value, S&P pure value, Russell small value, MSCI small value or RAFI FTSE1500? Is there an optimal non DFA/Bridgeway option? Thanks
by boglety
Sat Feb 11, 2012 2:43 pm
Forum: Investing - Theory, News & General
Topic: John Bogle's Not Afraid of Bonds
Replies: 8
Views: 1897

Re: John Bogle's Not Afraid of Bonds

Just thinking out loud here. How can bonds return 4.5% over the next decade unless you stretch for yield long term, interest rates decrease further or high yield risk is incoporated? 10 yr treasuries at 1.99 yield per year, 30 yr at 3.14. 10 yr AA corporates at <3.1% per year and vanguard high yield...
by boglety
Sat Sep 17, 2011 10:37 am
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

Hi everyone, For this Thursday's meeting at the Starbucks University Village at 6:45 PM. (206-522-5228) right across from the Pottery Barn., I have setup an agenda - Introduction - Low Interest Rate Environment - Recommendations to Make the Local Chapter a Success - Better places to meet for Future ...
by boglety
Sat Sep 17, 2011 10:36 am
Forum: US Chapters
Topic: Seattle Chapter: Lets meet!
Replies: 36
Views: 13621

Hi everyone, For this Thursday's meeting at the Starbucks University Village at 6:45 PM. (206-522-5228) right across from the Pottery Barn., I have setup an agenda - Introduction - Low Interest Rate Environment - Recommendations to Make the Local Chapter a Success - Better places to meet for Future ...
by boglety
Fri Sep 02, 2011 7:05 pm
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

Let's plan to meet at the Starbucks at University Village on Thursday 9/22 at 6:45 PM. (206-522-5228) Starbucks South at University Village right across from the Pottery Barn. Let me know if you have any additional thoughts or recommendations. I am looking forward to meeting everyone. Enjoy your Lab...
by boglety
Tue Aug 30, 2011 8:03 pm
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

I live on the Eastside, if the Starbucks at U Village is where everyone would like to go, I am up for that. Any thoughts or recommendations for other places?

Does anyone want Bellevue or Issaquah?
by boglety
Mon Aug 29, 2011 10:16 pm
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

The meeting is currently planned on a weeknight in Sept. I'll am thinking of 4 dates 9/14, 9/15, 9/21 and 9/22. Does anyone have an idea of a good venue in downtown Seattle? The goal would be to narrow down to a date where the majority of people can attend. Please let me know by the end of this week...
by boglety
Mon Aug 29, 2011 9:44 am
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

The local Seattle Bogleheads chapter would only be successful with a diverse group that has active participants. As the new local chapter coordinator, I want to thank everyone for their interest. Being that August is almost gone, I was thinking of planning the first meeting for the week of 15th/22nd...
by boglety
Wed Jul 06, 2011 8:06 pm
Forum: US Chapters
Topic: Seattle Local Chapter? The answer is "Yes"
Replies: 60
Views: 20275

Perhaps members who live in Seattle can figure out a way to setup a meeting since there hasn't been anything setup in a long time.. if ever
by boglety
Thu Mar 17, 2011 8:14 pm
Forum: Personal Investments
Topic: Micro ETFs
Replies: 28
Views: 3876

Mr. Ferri, What do you think of the WMCR ETF? Adv. and disadv.? Thanks. Not impressive so far. The fund a generated 20.0% in 2009 while the Wilshire Micro-cap index generated 47.6% Here is the annual breakdown: Year WMCR Index 2007 -16.2 -8.5 2008 -40.9 -45.0 2009 20.0 47.6 2010 24.3 28.3 I would l...
by boglety
Tue Mar 08, 2011 11:06 pm
Forum: Personal Investments
Topic: "Vanguard. What Makes Them Unique"
Replies: 33
Views: 7362

If you can consider, Vanguard still needs to make a profit to turn the lights on and pay a competitive salary. I have work in non-for profit places and they love profit (contribution margin) as much as any for profit places. Overall, Vanguard has attempted to do what is best for the investor once y...
by boglety
Mon Mar 07, 2011 9:48 pm
Forum: Personal Investments
Topic: "Vanguard. What Makes Them Unique"
Replies: 33
Views: 7362

If you can consider, Vanguard still needs to make a profit to turn the lights on and pay a competitive salary. I have work in non-for profit places and they love profit (contribution margin) as much as any for profit places. Overall, Vanguard has attempted to do what is best for the investor once yo...
by boglety
Thu Feb 24, 2011 10:24 am
Forum: Investing - Theory, News & General
Topic: For those wishing to S&D/SV tilt, is DGEIX a good one st
Replies: 16
Views: 2864

Has anyone placed a buy order today for a DFA fund?
by boglety
Sun Feb 13, 2011 12:31 am
Forum: Personal Investments
Topic: Pimco Total Return versus Vanguard TIPs Fund
Replies: 73
Views: 10914

Re: Past performance as a predictor of future success ?

There is considerable evidence to support the notion that "the best predictor of future success is past performance." My understanding is that great past performance often lead to poor future performance as the managers eventually becomes overconfident or their lucky streak fails. Bill Gr...
by boglety
Mon Jan 31, 2011 9:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total International Stock ETF (VSUX) launched!!!
Replies: 10
Views: 4008

The MALOX may be needed for the heartburn an investor would get from owning that fund...
by boglety
Sun Jan 30, 2011 10:49 am
Forum: Investing - Theory, News & General
Topic: Should price wag value or vice versa, RAFI strategies...
Replies: 23
Views: 3558

The list of funds are here ETFs: Powershares (http://www.invescopowershares.com/products/) Mutual Funds: Schwab (http://www.schwab.com/public/schwab/research_strategies/mutual_funds/funds/fundamental_index_funds) Perhaps the discussion should be on which approach ETF or Mutual Fund to use for the in...
by boglety
Tue Jan 11, 2011 11:48 pm
Forum: Investing - Theory, News & General
Topic: DFA returns compared to Vanguard ETFs for 2010
Replies: 27
Views: 5091

DFA returns compared to Vanguard ETFs for 2010

Larry wrote an excellent article about DFA returns for 2010. http://moneywatch.bnet.com/investing/blog/wise-investing/lessons-from-2010-diversification-matters-and-forecasters-dont/1934/?tag=col1;investing-river I wanted to compare it to Vanguard ETF in the asset classes that are available. Wow! Pas...
by boglety
Sat Jan 08, 2011 11:56 am
Forum: Investing - Theory, News & General
Topic: A Real Hoot - Chinese Version of The Bogleheads' Guide
Replies: 43
Views: 11540

Any recommendations on where to find this book in the US? I would like to purchase it for some of my relatives.

Thanks
by boglety
Thu Jan 06, 2011 1:22 am
Forum: Investing - Theory, News & General
Topic: Is Wilshire MicroCap ETF(WMCR) a good option to replace IWC?
Replies: 2
Views: 1007

Is Wilshire MicroCap ETF(WMCR) a good option to replace IWC?

It seems that WMCR has achieved good volume with net assets of 46 million and daily trading volume of 30k on most days with the past 3 month average volume of 16k. Does anything think it is a good Micro Cap ETF to replace IWC? Looking for lower expenses 0.5% compared to 0.7%. How is the stewardship ...
by boglety
Thu Dec 30, 2010 1:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard International Funds/ETFs beat the Index?
Replies: 3
Views: 1081

Vanguard International Funds/ETFs beat the Index?

Can someone explain how all of the vanguard international index funds/ETFs beat their indexes? Vanguard did mention the index was not adjusted for fair value pricing. So it does seem misleading to report all shares classes returns higher than the Index. What is the actual index return? The pdf link ...