Search found 1582 matches

by jhfenton
Tue Feb 07, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: How steep should the glide path be?
Replies: 54
Views: 4002

Re: How steep should the glide path be?

jhfenton, You are aiming for retirement. I am aiming for financial independence (FI). In term of FI, I just have to use my current annual expense for my planning purposes. KlangFool You can look at it that way. Because of the age of our kids, our retirement window is fairly narrow. We're not going ...
by jhfenton
Tue Feb 07, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: How steep should the glide path be?
Replies: 54
Views: 4002

Re: How steep should the glide path be?

jhfenton, Just another data point for comparison. I am at 64/36. I am close to 20 times my annual expense. I am gliding towards 60/40 in 5 years which is my retirement AA. I have zero annual savings over the next 3 to 5 years since I "cash flow" my children's college education. Aka, all m...
by jhfenton
Tue Feb 07, 2017 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Vanguard ETF Portfolio
Replies: 2
Views: 277

Re: Help with Vanguard ETF Portfolio

I would not hold VB. If you want to tilt to small value while keeping it simple, just do 30% VTI, 30% VBR.

I hold equal amounts VEA, VSS, VWO (mostly in their Admiral Share equivalents). Any reasonable mix of the three is fine.
by jhfenton
Tue Feb 07, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: How steep should the glide path be?
Replies: 54
Views: 4002

Re: How steep should the glide path be?

Um…we'll just have to disagree. I was happily 100% equities until age 45. I would have been greatly uncomfortable "wasting" 25% of my portfolio in bonds when it represented such a small portion of my lifetime earnings. I'm happily 88/12 at (almost) age 47. If you count expected future sav...
by jhfenton
Tue Feb 07, 2017 10:01 am
Forum: Investing - Theory, News & General
Topic: How steep should the glide path be?
Replies: 54
Views: 4002

Re: How steep should the glide path be?

Um…we'll just have to disagree. I was happily 100% equities until age 45. I would have been greatly uncomfortable "wasting" 25% of my portfolio in bonds when it represented such a small portion of my lifetime earnings. I'm happily 88/12 at (almost) age 47. If you count expected future sav...
by jhfenton
Tue Feb 07, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard lifestrategy vs. Target Date Funds
Replies: 4
Views: 708

Re: Vanguard lifestrategy vs. Target Date Funds

We have the 3 funds portfolio mix (total stock, total bond, total international), prime money market and the target date funds available for 4 employees. We'll like to remove most of the target date choices and consider instead the lifestrategy funds to simply the choices. This is a non elective, s...
by jhfenton
Tue Feb 07, 2017 9:00 am
Forum: Investing - Theory, News & General
Topic: How steep should the glide path be?
Replies: 54
Views: 4002

Re: How steep should the glide path be?

OP, 1) It is wrong to go with 100/0 at any time. The right number is between 75/25 and 25/75. Um…we'll just have to disagree. I was happily 100% equities until age 45. I would have been greatly uncomfortable "wasting" 25% of my portfolio in bonds when it represented such a small portion o...
by jhfenton
Mon Feb 06, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6833

Re: Why Wouldn't You Want International Stocks?

I would sleep much less soundly with an all-US equities portfolio. I sleep very well at 50/50 US/ex-US.
by jhfenton
Mon Feb 06, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: ringplus mobile premium plans - what is your experience?
Replies: 48
Views: 2684

Re: ringplus mobile premium plans - what is your experience?

I'm going to figure out something tonight. I still have our youngest daughter on a ringplus plan. My wife and son are on Verizon, and I'm on Verizon through work. I'm not planning to move our daughter to Verizon until at least June, when we might get her a new phone for her 13th birthday. (We bought...
by jhfenton
Sat Feb 04, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: ETF Premium/Discount - Vanguard vs iShares
Replies: 13
Views: 730

Re: ETF Premium/Discount - Vanguard vs iShares

There has been little difference In the discount/premium in VIOV and IJSnover the last few months. VIOV has improved a lot in the last year.
by jhfenton
Sat Feb 04, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: ETF Premium/Discount - Vanguard vs iShares
Replies: 13
Views: 730

Re: ETF Premium/Discount - Vanguard vs iShares

I've watched VIOV trade, and I think it's solid enough now that I'd be comfortable buying it in taxable if I needed small value in taxable. (We own VSIAX in our IRAs.) AUM is over $200MM. Average daily volume is $3MM, but there was a recent day over $12MM (100K shares). Because of the volume and liq...
by jhfenton
Sat Feb 04, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 146
Views: 10956

Re: Quicken's future direction - a cause for concern

I wrote Quicken off many years ago based on the deteriorating quality and lack of commitment. I'm not surprised at the new over-priced subscription model, and I'm not optimistic that it will lead to a better product. I'm not totally opposed to subscriptions. I subscribe to Office 365, but that gets ...
by jhfenton
Sat Feb 04, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a tilt portfolio similar to this
Replies: 22
Views: 1897

Re: Anyone have a tilt portfolio similar to this

It's not unreasonable. My equity allocation (88% of portfolio) isn't too far off of that. The main difference is the addition of small cap international and a 50/50 US/International split. 12.5% S&P 500 12.5% Midcap Value (VMVAX) 25.0% Smallcap Value (VSIAX) 16.7% Total Developed (VTMGX) 16.7% e...
by jhfenton
Fri Feb 03, 2017 10:02 pm
Forum: Investing - Theory, News & General
Topic: VTEB vs MUB [Vanguard Tax-Exempt vs. iShares National Muni Bond ETF]
Replies: 24
Views: 3528

Re: VTEB vs MUB [Vanguard Tax-Exempt vs. iShares National Muni Bond ETF]

Here's a related question about VTEB and MUB. I thought it made more sense to continue this discussion rather than start a new one ... Considering that both VTEB and MUB track the same index (S&P National AMT-Free Municipal Bond Index) you would expect their performance to closely match one ano...
by jhfenton
Fri Feb 03, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Robocalls! -- current best call blocker?
Replies: 46
Views: 3631

Re: Robocalls! -- current best call blocker?

We use CPR V5000 Call Blocker from https://smile.amazon.com/ and are happy with it. Very easy to use, and effective. We use CPR V5000 Call Blocker from https://smile.amazon.com/ and are happy with it. Very easy to use, and effective. https://www.amazon.com/CPR-Call-Blocker-V5000/dp/B0191XMBV2 Wow. ...
by jhfenton
Fri Feb 03, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Is it normal to have mutual funds and ETF's or is either one or other?
Replies: 21
Views: 1002

Re: Is it normal to have mutual funds and ETF's or is either one or other?

At the amounts we're talking about, the difference in fees on Admiral/ETF shares vs Investor shares is negligible. For example, if you have $10k of Total Bond, the additional 0.1% would add up to $10/year. Once you get over $10k, you get switched to Admiral shares anyway. That is true if the fund h...
by jhfenton
Fri Feb 03, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: Index Investors getting a free ride
Replies: 53
Views: 5352

Re: Index Investors getting a free ride

...This article is merely an attempt to dress up the tired old argument that passive investing will stop working when too many people do it. Been discussed and debunked many times, including on this forum. Wrapping the argument in free-riding terms only makes it sillier... Conspiratorial thinking a...
by jhfenton
Fri Feb 03, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Is it normal to have mutual funds and ETF's or is either one or other?
Replies: 21
Views: 1002

Re: Is it normal to have mutual funds and ETF's or is either one or other?

I happily use both: 401(k): 2 mutual funds HSA: 1 mutual fund Taxable: 1 mutual fund (muni bond), 2 ETFs Roth: 3 mutual funds, 1 ETF Traditional: 1 mutual fund Roth: 1 mutual fund, 1 ETF Traditional: 5 mutual funds, 2 ETFs All else being equal, I prefer mutual funds. They make exchanges and periodic...
by jhfenton
Thu Feb 02, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being given needlessly complicated advice?
Replies: 31
Views: 2916

Re: Am I being given needlessly complicated advice?

Yes. There are rational portfolios with 12 funds. Neither of those qualifies. There's way too much overlap. The Fidelity one makes a little more sense than the accountant's, but there are still 4 separate large cap funds: total market, dividend, value, and growth.
by jhfenton
Thu Feb 02, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: Schwab reduces index mutual fund ER and trade commission
Replies: 43
Views: 3491

Re: Schwab trading/fund fee changes

I don't get this: Starting March 1, 2017, expenses for the Schwab market cap-weighted index mutual funds will be lowered to align with their Schwab ETFs™ equivalents3, which already have among the lowest expenses in the industry. From what I've read and understood, expense ratios are a backward loo...
by jhfenton
Thu Feb 02, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding Vanguard Asset Mix
Replies: 2
Views: 204

Re: Question regarding Vanguard Asset Mix

Short version: The Vanguard Portfolio Watch tool takes a day to reflect debits. It's probably counting both your Target Retirement fund and the cash you used to buy it. Long version: If you made a $1,000 purchase yesterday, your account probably still shows $1,000 in your settlement fund with a matc...
by jhfenton
Thu Feb 02, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TIPS pricing incorrect
Replies: 8
Views: 630

Re: Vanguard TIPS pricing incorrect

If you read the fine print at the bottom of the bond pages it refers to Tradeweb and the links on the bond trading pages lead to tradewebretail.com.

Hence my impression that it is a third-party service.

I do see where the TIPS links say "Call us".
by jhfenton
Thu Feb 02, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Very Confusing - Employer 401K S&P 500 Fund
Replies: 4
Views: 406

Re: Very Confusing - Employer 401K S&P 500 Fund

Yep. I have a Fidelity S&P 500 CIT in my 401(k) charging 4 bp. On my portfolio spreadsheet I use a Fidelity S&P 500 Institutional Index fund at 4 bp as a proxy. They track perfectly together except for the two times per year that the mutual fund issues a dividend, at which point the NAV of t...
by jhfenton
Thu Feb 02, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TIPS pricing incorrect
Replies: 8
Views: 630

Re: Vanguard TIPS pricing incorrect

I was under the impression that Vanguard uses Tradeweb's platform for all of their online bond trading. Isn't this Tradeweb's glitch? And wouldn't some other brokers also be impacted?
by jhfenton
Thu Feb 02, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Tax Exempt Bond Fund for Taxable
Replies: 12
Views: 1160

Re: Tax Exempt Bond Fund for Taxable

Late last year, I TLH from Van. Inter. Tax Exempt Bond into Van. Limited Term Tax Exempt Fund. Should I switch back now that the wash sale period has passed? If you would prefer owning Intermediate Tax Exempt then, by all means switch. :happy Keeping in mind that you will have to pay taxes on any g...
by jhfenton
Thu Feb 02, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Is there a way to track how a bond fund like VTBLX is doing during the trading day?
Replies: 10
Views: 609

Re: Is there a way to track how a bond fund like VTBLX is doing during the trading day?

Like all mutual funds, there is nothing to track during the day since their NAV is set after closing. If you want to see how the equivalent index is doing throughout the day, the easiest thing is to monitor an ETF that tracks the same index. It's what I do for both my bond and stock index funds. BN...
by jhfenton
Thu Feb 02, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: Is there a way to track how a bond fund like VTBLX is doing during the trading day?
Replies: 10
Views: 609

Re: Is there a way to track how a bond fund like VTBLX is doing during the trading day?

acr123 wrote:you could look at the corresponding ETF.

+1 Watch BND trade during the day. It is the ETF share class of the fund.
by jhfenton
Wed Feb 01, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: Exxon's PE ratio is 40????
Replies: 27
Views: 2613

Re: Exxon's PE ratio is 40????

XOM is either a bargain or is grossly overvalued - depending on your view of the future value of energy (natural gas, and oil). If you think oil will soon go back to $100+ a barrel - then XOM is probably a great bargain. If you think oil will stay at around $50/barrel for the foreseeable future - t...
by jhfenton
Wed Feb 01, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 61
Views: 6407

Re: Best HSA (2017)

I definitely wouldn't hold a bond ETF at Saturna, but a once-a-year investment in an equity ETF with 4 x year dividend reinvestments would still be slightly cheaper at ($15 + $4) than a Vanguard mutual fund ($25). I plan eventually to move my employer-sponsored HSA to Saturna, but it's not worth th...
by jhfenton
Wed Feb 01, 2017 8:03 am
Forum: Investing - Theory, News & General
Topic: Exxon's PE ratio is 40????
Replies: 27
Views: 2613

Re: Exxon's PE ratio is 40????

XOM is either a bargain or is grossly overvalued - depending on your view of the future value of energy (natural gas, and oil). If you think oil will soon go back to $100+ a barrel - then XOM is probably a great bargain. If you think oil will stay at around $50/barrel for the foreseeable future - t...
by jhfenton
Tue Jan 31, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1021

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

As others have stated, I would go with IJS and IEMG for small cap value US and Emerging Markets. In fact, I own these two as well since I'm at fidelity. I have decided to do something similar to you. I've gone 4 ways with my equity portion. IJS, IEMG, SCZ (small cap international), and IVV (S&P...
by jhfenton
Tue Jan 31, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 61
Views: 6407

Re: Best HSA (2017)

I definitely wouldn't hold a bond ETF at Saturna, but a once-a-year investment in an equity ETF with 4 x year dividend reinvestments would still be slightly cheaper at ($15 + $4) than a Vanguard mutual fund ($25). I plan eventually to move my employer-sponsored HSA to Saturna, but it's not worth the...
by jhfenton
Tue Jan 31, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: VBILX vs VBTLX for a 2 fund 403b portfolio
Replies: 3
Views: 444

Re: VBILX vs VBTLX for a 2 fund 403b portfolio

VBILX is a perfectly good core or single bond holding. Many Bogleheads, perhaps even Bogle himself, prefer Intermediate Bond to Total Bond because it (1) holds relatively fewer treasuries and (2) holds no MBSs. A few folks even like that it focuses on intermediates, the "juiciest" part of ...
by jhfenton
Tue Jan 31, 2017 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1021

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

As others have stated, I would go with IJS and IEMG for small cap value US and Emerging Markets. In fact, I own these two as well since I'm at fidelity. I have decided to do something similar to you. I've gone 4 ways with my equity portion. IJS, IEMG, SCZ (small cap international), and IVV (S&P...
by jhfenton
Tue Jan 31, 2017 8:12 am
Forum: Investing - Theory, News & General
Topic: SCHZ
Replies: 2
Views: 466

Re: SCHZ

SCHZ doesn't have anywhere near the trading volume ($24 MM/day) of Vanguard's BND ($203 MM/day) or iShare's AGG ($350 MM/day), but in the grand scheme of things it is a large and liquid ETF. You should be fine buying and selling several thousand shares per day. Spreads currently average $0.02/share ...
by jhfenton
Mon Jan 30, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Stocks Down - My Fault
Replies: 26
Views: 3970

Re: Stocks Down - My Fault

GDBryan wrote:As of 11:30 this morning S&P 500 down 1%. It's my fault - I put in a sell order Friday for today.

Don't you just hate when that happens. :-(

It might not be too late to cancel to see if the market rebounds. :beer You're getting close to the no-cancel time of the afternoon, though.
by jhfenton
Sun Jan 29, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

2:51:03.....damn that is fast. Hope you can beat your PR this year, that is awesome. As for purchasing items. I do not think the savings rate should have anything to do with a purchase. Just because I save a bunch of cash does not mean I should spend the rest on useless junk. I am a strong believer...
by jhfenton
Sun Jan 29, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

I can actually think of very few better things to spend $400 on. There are few things I spend more time doing--other than sleeping--or thinking about other than running. Not carrying a phone or iPod is priceless. But as I've said a couple of times, I agree that fitness is its raison d'être. Sounds ...
by jhfenton
Sun Jan 29, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: VEMAX vs DFEVX [Vanguard Emerging Mkt vs. DFA Emerging Mkt Value]
Replies: 9
Views: 763

Re: VEMAX vs DFEVX

I would go with DFEVX until you leave that job, then your 401k gets rolled into a VG IRA for the rest of your life. Over time, you will have exposure to both. Interesting thought. Is it always possible to do an in-kind rollover of a 401k DFA fund into a Vanguard IRA, upon changing jobs. (I understa...
by jhfenton
Sun Jan 29, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: If You Can (Kindle): Free Today
Replies: 10
Views: 1482

Re: If You Can (Kindle): Free Today

Bill, one quick question... should the Kindle version be showing up as free for everyone? When I look on Amazon, it only indicates that it's free under Kindle Unlimited. No mention of being free for us plebs. I see this: http://i66.tinypic.com/n39kqr.jpg If you click "Buy now…" you should...
by jhfenton
Sun Jan 29, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

Unfortunately for the Apple Watch my favorite FitBit feature is sleep monitoring and that is unavailable on the Apple Watch until battery life increases to the point you don't have to recharge it every night. From everything I have read the Series 2, especially the Nike version, it the bomb for run...
by jhfenton
Sun Jan 29, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: VEMAX vs DFEVX [Vanguard Emerging Mkt vs. DFA Emerging Mkt Value]
Replies: 9
Views: 763

Re: VEMAX vs DFEVX

I'd go with #2. And I say that as someone who is currently #1 because I don't have #2 as an option. Why? I like DFEVX's methodology. The value tilt. The overall portfolio tilt. The lighter stake in China. VEMAX is a bit too heavy in China for my taste. I'd go with all DFEVX in my 401(k), and then if...
by jhfenton
Sun Jan 29, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

Unfortunately for the Apple Watch my favorite FitBit feature is sleep monitoring and that is unavailable on the Apple Watch until battery life increases to the point you don't have to recharge it every night. From everything I have read the Series 2, especially the Nike version, it the bomb for run...
by jhfenton
Sun Jan 29, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: VEMAX vs DFEVX [Vanguard Emerging Mkt vs. DFA Emerging Mkt Value]
Replies: 9
Views: 763

Re: VEMAX vs DFEVX

We own lots of VEMAX in my Roth/Traditional IRAs, but I would definitely take advantage of access to DFEVX. It's a great fund.

I am officially jealous. I would be happy to have either in my 401(k), which has no usable international funds.
by jhfenton
Sun Jan 29, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

I consider myself as a tech person and feel like smart watches especially the Iwatch as a pure gimmick. Wait a couple years then decide. Ditto. Every time someone tries to explain how it benefits them, I am totally :confused as to how that particular capability actually is of any value. As a fitnes...
by jhfenton
Sun Jan 29, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Active Funds
Replies: 36
Views: 2883

Re: Vanguard Active Funds

I can't find any news either. It must have been a quiet reopen. M* still shows it as "Limited."
by jhfenton
Sun Jan 29, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

I haven't worn a watch in 2 decades. The time is available everywhere. I am able to guess the time to within 5 min if I have seen a clock in the last 2 hours. I figured this watch is just another tech doo-dad. Thanks, OP for this query. Lots of good info here. So now I'm interested in monitoring my...
by jhfenton
Sat Jan 28, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

I considered one, but didn't get it. I got a Garmin Fenix 3 HR. I love it. Awesome for workouts and you can get all the phone alerts too if you want. I bought a Garmin Fenix 3 HR when they first came out. I wanted to love it, but the GPS was the most inaccurate device I have ever used. It was barel...
by jhfenton
Sat Jan 28, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3767

Re: Input on Apple Watch-Buy or Not?

I love my Apple Watch. I use it for fitness and while walking get all kids of messages. Even in meetings I can give it a quick glance to see if it is important enough to deal with now or later. You can buy multiple bands if so desired so you can change the look of the watch without having to buy a ...
by jhfenton
Sat Jan 28, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Stock/bond split for a 35 year old
Replies: 5
Views: 522

Re: Stock/bond split for a 35 year old

I think the Vanguard Target Retirement allocations are fine (until they become too conservative in retirement). You'd barely notice any different between a 90/10 allocation and an 80/20 allocation. The fund will start gliding once you get about 20 years from retirement and glide all the way to 30/70...

Go to advanced search