Search found 1387 matches

by jhfenton
Tue Sep 20, 2016 6:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Emerging Markets Stock Index Fund completes transition to new index
Replies: 19
Views: 2953

Re: Vanguard Emerging Markets Stock Index Fund completes transition to new index

I've read their release (and they emailed me the notification as well since I'm invested in this) but I admit I still don't entirely understand what it means. Does China make up a greater % of their EM index fund now? Are there mid and small cap that there weren't before? Yes. And yes. They made tw...
by jhfenton
Tue Sep 20, 2016 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: LT Treasury Zeros: ETF or Individual Bonds
Replies: 6
Views: 500

Re: LT Treasury Zeros: ETF or Individual Bonds

At the moment, the bid-ask on Vanguard's platform for the longest-dated STRIP (5/15/2045) are 48.739/48.258 for $100,000 and 49.007/47.978 for $1,000. Fairly sizable spreads, especially at the lower quantities. Spreads on the ordinary treasury bond maturing on the same date are much lower: 112.300/1...
by jhfenton
Tue Sep 20, 2016 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Tax-Exempt Bond ETF.....
Replies: 6
Views: 1072

Re: Vanguard Tax-Exempt Bond ETF.....

It's a fine fund, but without knowing his marginal income tax rate and other assets, it's impossible to offer a meaningful opinion on whether or not it's appropriate.
by jhfenton
Mon Sep 19, 2016 7:23 am
Forum: Investing - Help with Personal Investments
Topic: What Percentage To Put In International Stock?
Replies: 58
Views: 5446

Re: What Percentage To Put In International Stock?

Tamalak wrote:Vanguard says: 40%
Bogle says: 0%
I would recommend: 20%
I personally have: 50%

I'm in about the same place. I personally have 50% international. I would recommend 20%-50%. I think 33% is a nice starting point for most people.
by jhfenton
Mon Sep 19, 2016 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Any concern about the drop in price of Vanguard Intermediate term municipal bond fund?
Replies: 33
Views: 2783

Re: Any concern about the drop in price of Vanguard Intermediate term municipal bond fund?

No. Most of our fixed income is in CDs in retirement accounts, but I do own some Vanguard Ohio Long-Term Tax Exempt, and I hadn't really even noticed the recent NAV drop.

It's just noise. Really, quiet noise.
by jhfenton
Fri Sep 16, 2016 9:59 am
Forum: Investing - Theory, News & General
Topic: Nisiprius Investments Unveils New MDF Factor-Based Fund
Replies: 44
Views: 3344

Re: Nisiprius Investments Unveils New MDF Factor-Based Fund

Do you offer a currency-hedged 1X long-short version? I don't believe the 3X positions are suitable for a long-term investment. :beer
by jhfenton
Fri Sep 16, 2016 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Purchasing fund that has "frequent trading" restrictions??
Replies: 2
Views: 383

Re: Purchasing fund that has "frequent trading" restrictions??

Do you have online access? If so, you can schedule an automatic transaction for the next day for the desired amount with an expiration date of two days later. I do it with VSIGX (Vang Int Govt Index Adm) all the time. Every time I sell some VSIGX to buy a CD, I'm blacked out for 30 days. But then I ...
by jhfenton
Thu Sep 15, 2016 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Will you delete the Stocks App from your iPhone?
Replies: 31
Views: 2757

Re: Will you delete the Stocks App from your iPhone?

It was the first app I deleted when I started testing out iOS 10 in August. I use other, more flexible apps for stock/portfolio tracking.
by jhfenton
Wed Sep 14, 2016 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard brokerage - partial shares
Replies: 11
Views: 1023

Re: Vanguard brokerage - partial shares

How much more disclosure are you looking for when selling a product? This is what I see when I place an order to liquidate in my Vanguard account. Seems pretty clear to me. http://i.imgur.com/2WfsAfd.png I said stock. VDE is not a stock. It is a Vanguard ETF product. I got no such disclosure. The f...
by jhfenton
Wed Sep 14, 2016 7:20 am
Forum: Investing - Help with Personal Investments
Topic: VMMXX-Vanguard Prime Money Market Fund
Replies: 20
Views: 3342

Re: VMMXX-Vanguard Prime Money Market Fund

Wizzard Waiting for your update -- My VG brokerage account also shows 'Prime Money Market Fund (VMMX)' - ER 0.16. It also added my dividends to it today or yesterday. I looked at 'Vanguard Federal Money Market Fund (VMFXX)', ER 0.11. Is there any settlement fund in VG that has no expense ratio, i.e...
by jhfenton
Tue Sep 13, 2016 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Employer started wife's 401(k) match early
Replies: 5
Views: 673

Re: Employer started wife's 401(k) match early

She can either notify them, or wait and see if it's picked up by the TPA at year end, or during the independent audit if it's a large plan. Based on the 5500, there's 300-400 employees and $20-25MM in plan assets. It's a subsidiary of a much larger international company, and they have a separate pl...
by jhfenton
Tue Sep 13, 2016 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Employer started wife's 401(k) match early
Replies: 5
Views: 673

Re: Employer started wife's 401(k) match early

Thanks. I'm not really worried about blowback on her. I doubt many employees would have both noticed the match AND realized that they weren't entitled to it. My wife's a CPA, and I doubt she would have noticed--although if she weren't knowingly relying on me, she might pay attention. I'm more curiou...
by jhfenton
Tue Sep 13, 2016 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Employer started wife's 401(k) match early
Replies: 5
Views: 673

Employer started wife's 401(k) match early

Question: Has anyone had an employer apply a 401(k) match early in error? What happened in the long run? What are an employer's options in this situation? What should an employee do? Background (including a series of employer mistakes): 1. My wife started a new job in April. It has an old-school 401...
by jhfenton
Wed Sep 07, 2016 8:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 4916

Re: Vanguard brokerage will not convert mutual fund to ETF

Vanguard is surprisingly liberal about differences in those now--and in allowing you to buy ETFs first and fund second, even in retirement accounts. I believe they are just complying with brokerage industry standards (SEC requirements?) We had the same 5 accounts with TD Ameritrade for nearly 20 ye...
by jhfenton
Wed Sep 07, 2016 12:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 4916

Re: Vanguard brokerage will not convert mutual fund to ETF

You can sell the mutual fund and buy the ETF shares the same day. The mutual fund sell will settle (T+1) before the ETF purchase will (T+3) am I right? You can't do this unless you have cash to buy the ETF sitting in your settlement account, or maybe if you have a margin account where you can borro...
by jhfenton
Wed Sep 07, 2016 9:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 4916

Re: Vanguard brokerage will not convert mutual fund to ETF

You can sell the mutual fund and buy the ETF shares the same day. The mutual fund sell will settle (T+1) before the ETF purchase will (T+3) am I right? You can't do this unless you have cash to buy the ETF sitting in your settlement account, or maybe if you have a margin account where you can borro...
by jhfenton
Thu Sep 01, 2016 7:47 am
Forum: Personal Consumer Issues
Topic: Who is ready for iphone 7?
Replies: 149
Views: 12692

Re: Who is ready for iphone 7?

I'll upgrade when my employer decides to upgrade my iPhone 6. I got it in November 2014, a couple months after release. And if I wait for them, they will probably decide to upgrade my iPhone 6 when I break it. :beer But short of breaking it, they will probably upgrade me any time I ask once two year...
by jhfenton
Wed Aug 31, 2016 2:38 pm
Forum: Investing - Theory, News & General
Topic: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA
Replies: 14
Views: 1160

Re: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA

I am 46 and can't imagine having 46% of my AA in bonds. If you are going to retire at 65, that is 18 years away. Way too conservative for me. In fact, I doubt I will ever have more than 40% in bonds. Same here, on all counts. At age 46, we are all the way up to nearly 6% in bonds, after starting of...
by jhfenton
Wed Aug 31, 2016 7:35 am
Forum: Investing - Theory, News & General
Topic: IEIS (Dev SCV) ETF Shut down
Replies: 5
Views: 754

Re: IEIS (Dev SCV) ETF Shut down

Blackrock announced the closing at the end of June. I would have expected that you'd get a notice through your broker, but I've never had a fund close, so maybe not.

http://www.etf.com/sections/daily-etf-w ... g-10-funds
by jhfenton
Wed Aug 31, 2016 7:32 am
Forum: Investing - Theory, News & General
Topic: Automatic Vanguard brokerage account upgrades
Replies: 40
Views: 3589

Re: Automatic Vanguard brokerage account upgrades

You can set a default for each account and a separate setting for each individual ETF or mutual fund. (2) Account Maintenance -> Account profile -> Holding level dividend and capital gains elections I did set the default, but the confirmation wording was something like "For all investments in ...
by jhfenton
Tue Aug 30, 2016 7:26 pm
Forum: Investing - Theory, News & General
Topic: Automatic Vanguard brokerage account upgrades
Replies: 40
Views: 3589

Re: Automatic Vanguard brokerage account upgrades

One question though: If I had a 2nd mutual fund, it is not clear to me if I could have one mutual fund auto reinvest and the 2nd mutual fund send distros to the cash sweep account. The web interface appeared to only allow one to set their choice for ALL investments in the brokerage account, but I c...
by jhfenton
Tue Aug 30, 2016 8:48 am
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 108
Views: 7130

Re: How do you view debt?

I view it as a tool to be used (or not) based on individual circumstances. Low interest, tax deductible, non-callable debt (like a mortgage) used prudently by someone still in their prime accumulation years... seems reasonable. High interest (credit cards) or callable (margin) debt are probably bes...
by jhfenton
Tue Aug 30, 2016 8:32 am
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 3073

Re: how fast to max out your 401(k) 18K in a given year?

In 20+ years of working, neither my wife or I have ever had an employer with a true-up match. All matches have always been per pay period. So the answer for me is to max out in the last pay period. We would do so regardless, though, because we frankly couldn't afford to do otherwise. We save close t...
by jhfenton
Mon Aug 29, 2016 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 78
Views: 7095

Re: Homeowners should consider flood insurance

I agree that everyone should take a fresh look and evaluate their situation, but not everyone needs flood insurance. If you look at the topography of our house and our neighborhood, there is literally no way our house could experience a persistent inundation short of the second-coming of God's divi...
by jhfenton
Mon Aug 29, 2016 8:00 am
Forum: Personal Consumer Issues
Topic: Time to stop updating older iPhones?
Replies: 15
Views: 2204

Re: Time to stop updating older iPhones?

I always update everything to the latest iOS version available. I have an old iPod Touch 5th generation (processor equivalent to an iPhone 4S from October 2011) that I have kept up to date (currently 9.3.5). My teenage kids have iPad Minis (internal equivalent to an iPad 2 from March 2011), a used i...
by jhfenton
Fri Aug 26, 2016 7:03 pm
Forum: Investing - Theory, News & General
Topic: My only fund not in the red today...how about you?
Replies: 23
Views: 2291

Re: My only fund not in the red today...how about you?

Essentially everything was down today, but it wasn't that bad a day. Our 94/6 equity/bond, 50/50 US/Intl, small and value tilted portfolio was only down 0.36% overall. And despite 5 of the last 6 days being down days, we're down a whole 1.32% or so since last Thursday's peak. That's noise.
by jhfenton
Fri Aug 26, 2016 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: international bond funds
Replies: 14
Views: 1073

Re: international bond funds

The main problem with international bonds IMO is that they have to be hedged which, according to this Vanguard paper , costs about 20 basis points a year. They consider this to be "low" but, when bonds returns are already minuscule, 20 basis points does not look very low. I would definite...
by jhfenton
Fri Aug 26, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: My only fund not in the red today...how about you?
Replies: 23
Views: 2291

Re: My only fund not in the red today...how about you?

Everything I own was down today except VOHIX (Vanguard Ohio LT Tax Exempt). It was unchanged. VEMAX (Vanguard Emerging Markets Index Admiral) was only down 0.26%, but VWO, the ETF share class, dropped 0.79%, going from a premium to a slight discount. I mostly own VEMAX, but I have some VWO in taxable.
by jhfenton
Fri Aug 26, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's so so customer service
Replies: 71
Views: 9112

Re: Vanguard's so so customer service

I forgot to mention additional verification steps. After the online POA form was filled out, Fido sent you an email to the email address on record and asked you to confirm and electronically sign the form. And then there was another email confirming that you have authorized another person as your P...
by jhfenton
Wed Aug 24, 2016 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Minimum International Stock allocation with Vangaurd PAS
Replies: 12
Views: 778

Re: Minimum International Stock allocation with Vangaurd PAS

I'm not saying that you're right or you're wrong, but if you're not going to follow an advisor's advice, then what are you paying them for. If you want to make your own investment decisions, then there's no need to pay someone else. (Over time, I've grown more convinced of the wisdom of internationa...
by jhfenton
Tue Aug 23, 2016 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Developed+Emerging market combo cheaper than total international?
Replies: 4
Views: 357

Re: Developed+Emerging market combo cheaper than total international?

Probably not. I am not sure anymore, but there are not as much small caps in the cheaper options and small caps cost more than large caps to buy/sell. They are all three all-cap funds now, so they should be virtually identical from a market cap perspective. That wasn't the case until the all-cap tr...
by jhfenton
Tue Aug 23, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: Mechanics of RMD distribution from IRA
Replies: 4
Views: 451

Re: Mechanics of RMD distribution from IRA

I would personally want to know which securities were being transferred, but I would not use any brokerage or custodian that did not provide for in-kind RMDs from IRAs. It would make it very easy to maintain your overall allocation without worrying about what assets were being sold to fund the RMD. ...
by jhfenton
Tue Aug 23, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 78
Views: 7095

Re: Homeowners should consider flood insurance

I agree that everyone should take a fresh look and evaluate their situation, but not everyone needs flood insurance. If you look at the topography of our house and our neighborhood, there is literally no way our house could experience a persistent inundation short of the second-coming of God's divin...
by jhfenton
Mon Aug 22, 2016 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard brokerage - partial shares
Replies: 11
Views: 1023

Re: Vanguard brokerage - partial shares

As others have said, based on my typical experience, (1) they should be sold overnight . The fine print in some places, though, says (2) they will be liquidated on settlement date , so that is always a possibility. And when I had fractional shares left over last month, (3) they got stuck . Four days...
by jhfenton
Fri Aug 19, 2016 9:51 am
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 99
Views: 8789

Re: Improving the Bogleheads forum

livesoft wrote:Here's one: Every time Warren Buffett's name is spelled wrong, the forum software could automatically correct it. :)

The Spurs forum I frequent did something like that with Sean Elliott's last name (except that the forum auto-corrected it to a semi-vulgar Lakers insult). :sharebeer
by jhfenton
Sun Aug 14, 2016 5:36 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis on Wealthtrack.com tonight. Link provided.
Replies: 14
Views: 1816

Re: Charles Ellis on Wealthtrack.com tonight. Link provided.

Thought his view on bonds to be extreme except for the very, very young. Of course there wasn't much time spent on it. One problem with his view of human capital being equivalent to a bond is that there is great uncertainty that you will able to work until your full retirement date. Thus, this bond...
by jhfenton
Wed Aug 10, 2016 2:06 pm
Forum: Personal Consumer Issues
Topic: Should I get a different cassette for my road bicycle? Currently 11-23
Replies: 40
Views: 2077

Re: Should I get a different cassette for my road bicycle? Currently 11-23

Or you could replace the 11& 12 with a 12, and then add a 16. That could be a good option too. I hadn't really considered replacing individual cogs. I certainly wouldn't miss the 11 very often. There are very few long, gradual downhills around here where I can push an 11. That doesn't always wo...
by jhfenton
Wed Aug 10, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: Should I get a different cassette for my road bicycle? Currently 11-23
Replies: 40
Views: 2077

Re: Should I get a different cassette for my road bicycle? Currently 11-23

I agree that in your shoes I would probably get a new cassette. I'm actually looking to get an alternate cassette for my tri bike, not for hills, but because there's an unfortunate gap right at my cruising speed. I have a Felt with a 50/34T front and a Shimano 11-speed 11-28T rear. The 34/28 combo ...
by jhfenton
Tue Aug 09, 2016 2:13 pm
Forum: Personal Consumer Issues
Topic: Should I get a different cassette for my road bicycle? Currently 11-23
Replies: 40
Views: 2077

Re: Should I get a different cassette for my road bicycle? Currently 11-23

I agree that in your shoes I would probably get a new cassette. I'm actually looking to get an alternate cassette for my tri bike, not for hills, but because there's an unfortunate gap right at my cruising speed. I have a Felt with a 50/34T front and a Shimano 11-speed 11-28T rear. The 34/28 combo i...
by jhfenton
Tue Aug 09, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Add TSP Holdings to Vanguard Dashboard
Replies: 3
Views: 698

Re: Add TSP Holdings to Vanguard Dashboard

I added mine manually, in the "outside investments" section. Basically I grabbed tickers that were similar to what the funds in the TSP are, and came up with numbers of shares that would equal the dollar amounts I have in the TSP: https://www.bogleheads.org/wiki/Thrift_Savings_Plan#Most_s...
by jhfenton
Tue Aug 09, 2016 9:15 am
Forum: Personal Consumer Issues
Topic: AliExpress.com?
Replies: 7
Views: 713

Re: AliExpress.com?

I've bought a few embroidered Spurs NBA jerseys for great prices. They look nice, and they have the official NBA merchandise logo on them, so I'm sure that they're completely legit. :wink: Since you're dealing with many, many different sellers, however, there's likely a high standard deviation of ex...
by jhfenton
Mon Aug 08, 2016 4:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgrading to Brokerage account comes with some nuisances
Replies: 87
Views: 11341

Re: Vanguard upgrading to Brokerage account comes with some nuisances

If you have authorization to trade on a spouse's account, you will lose this after upgrading to a brokerage account. This can't be fixed online or by phone, it requires a notarized signature authorization form be completed. And this new form requires, in addition to your notarized signature, signat...
by jhfenton
Fri Aug 05, 2016 6:31 am
Forum: Investing - Help with Personal Investments
Topic: Redemption fees for Fidelity Index (nee Spartan) Funds
Replies: 24
Views: 1955

Re: Redemption fees for Fidelity Index (nee Spartan) Funds

I'm not aware that Vanguard has any short-term redemption fees on their funds. A few funds in illiquid markets (corporate bonds, international real estate) have purchase and/or sale fees (25-75 bp). (But those apply to all purchases or sales regardless of holding period.) All funds are subject to re...
by jhfenton
Thu Aug 04, 2016 1:12 pm
Forum: Personal Consumer Issues
Topic: Vanguard - is touch ID less secure?
Replies: 12
Views: 812

Re: Vanguard - is touch ID less secure?

KarenC wrote:The Vanguard app doesn't allow me to paste in my password (which is a nice long random sequence) so I never use it.

My complaint is that Vanguard limits passwords to 20 characters. I prefer to use *long* but memorable passwords:
Image
by jhfenton
Thu Aug 04, 2016 12:05 pm
Forum: Personal Consumer Issues
Topic: Vanguard - is touch ID less secure?
Replies: 12
Views: 812

Re: Vanguard - is touch ID less secure?

The Touch ID on the Vanguard app only allows read access. If you try to do anything that alters reality in any way, you have to authenticate with the password first. To me, that's a nice trade off. 99% of the time I open the app, it's just to look (especially since the app won't let me trade without...
by jhfenton
Thu Aug 04, 2016 7:09 am
Forum: Investing - Theory, News & General
Topic: New JB interview [John Bogle says industry needs to change]
Replies: 11
Views: 1774

Re: "9 Landmark Smart Beta ETFs"

5 years is nothing. we know that going back ~100 years small and value have outperformed. I completely agree. With all respect to Jack--whom I love--saying that an investment strategy has "failed" in 5 years or 9 years or 10 years is short-term thinking. I have absolutely no issues with s...
by jhfenton
Wed Aug 03, 2016 9:58 am
Forum: Investing - Theory, News & General
Topic: The power of investing early VS. Dollar cost averaging
Replies: 29
Views: 2680

Re: The power of investing early VS. Dollar cost averaging

If I had a huge lump sum of uninvested cash early in the year, I'd invest our $11,000 Roth contributions in January. But we don't. Most of our taxable brokerage account is invested in equity ETFs. And I don't want to gut our first-tier emergency fund every January. So we make our Roth contributions ...
by jhfenton
Tue Aug 02, 2016 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Recommendation
Replies: 8
Views: 900

Re: Vanguard Advisor Recommendation

Based on valuations, I'd be more concerned with the U.S. equities than international equities. To me, the answer is to own both. (We're 50/50 US/ex-US.) I'm not particularly a fan of the Vanguard International Bond fund, though. I'd ditch that and stick with all Total Bond. But it probably doesn't m...
by jhfenton
Tue Aug 02, 2016 1:00 pm
Forum: Personal Consumer Issues
Topic: Vanguard Swag ?
Replies: 23
Views: 3789

Re: Vanguard Swag ?

I want the Vanguard bike jersey, but I want it priced like their mutual funds: at cost. $90 for a bike jersey is average retail. That's not Vanguardish at all.
by jhfenton
Tue Aug 02, 2016 7:57 am
Forum: Investing - Help with Personal Investments
Topic: CA Long-Term Munis v CA Interm. Term Munis ?
Replies: 4
Views: 511

Re: CA Long-Term Munis v CA Interm. Term Munis ?

So in sum, the mechanics are such that there is really a very limited difference in duration and it probably wouldn't make much difference (risk or reward) to go out to Long Term CA instead of Intermediate Term... a slightly higher risk and a slightly higher reward but nothing particularly notable?...

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