Search found 2029 matches

by jhfenton
Mon Jun 19, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2366

Re: is offering this [Vanguard] website feature feasible?

Don't folks just use morningstar.com to do exactly this? How? The Portfolio X-Ray Stock Intersection tool. It is a premium feature, though. My largest overall holding is Tencent Holdings Ltd. at 0.68% of my portfolio. Tencent is currently 4% of VEMAX/VWO which is 20% of equities, which is 85.39% of...
by jhfenton
Mon Jun 19, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Scratched Bumper with Police on the Scene
Replies: 26
Views: 2721

Re: Scratched Bumper with Police on the Scene

jjface wrote:Forgive my ignorance but how would it be negative to mention it to your insurance? Everyone seems to say don't do that.
I don't understand that either. My first call after the police would be to my insurance agent, whether or not my insurance company was going to end up paying anything.
by jhfenton
Sun Jun 18, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard joint taxable account questions
Replies: 5
Views: 547

Re: Vanguard joint taxable account questions

There's no reason you can't have two joint accounts if you want ease of joint management and survivorship. Vanguard doesn't mind. :beer One of you can primarily fund one joint account and the other can fund the other. They would be easy to combine later if you decided to do so, since they would have...
by jhfenton
Sun Jun 18, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: Receiving Gofundme and Fundraising Proceeds
Replies: 1
Views: 363

Re: Taxes: Receiving Gofundme and Fundraising Proceeds

Usually proceeds of charitable-type fundraisers and GoFundMe pages are personal gifts. If the money is to defray medical expenses, funeral costs, wedding costs, etc., then it should not be taxable. If the fundraisers are related to a business or business-like hobby, it would probably be treated as b...
by jhfenton
Sat Jun 17, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Total US or Vanguard 2050?
Replies: 14
Views: 1747

Re: Total US or Vanguard 2050?

I would put it in all in Total International in my new Roth and adjust my allocation in the TSP and spouse's Roth to keep me at my 70/20/10 split. I wouldn't add a second fund in my Roth IRA until I had to, which might be never with the TSP presumably much larger and growing faster.
by jhfenton
Fri Jun 16, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: Amazon Buys Whole Foods
Replies: 103
Views: 12089

Re: Amazon Buys Whole Foods

I'm under the impression Whole Foods is declining anyways with the growth of organic food choices everywhere else at lower prices. Seems to me Amazon just purchased a fully developed food supply chain. I wouldn't be surprised to see them use these more as local distribution centers rather than full...
by jhfenton
Thu Jun 15, 2017 7:39 am
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 6188

Re: Favorite Feature of Vanguard Website?

*3!4!/5! wrote:I generally like much of the website, but an un-favorite feature is that when you're logged in and you get timed out, it wipes out all your Vanguard tabs, including the public pages that didn't depend on your login.
+1 :oops: I'm glad I'm not the only one that annoys. :beer
by jhfenton
Thu Jun 15, 2017 7:36 am
Forum: Investing - Help with Personal Investments
Topic: ETF spreads
Replies: 7
Views: 671

Re: ETF spreads

Are you looking at after-hours spreads? That would be my guess. Folks make that mistake all the time. "Live" spreads after hours are meaningless placeholders. The day-time market makers are not open for business. If you're researching spreads after hours, you can get meaningful average spread data ...
by jhfenton
Wed Jun 14, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: International Bonds
Replies: 7
Views: 902

Re: International Bonds

I use Total Bond for all of the bond portfolio. I have avoided Total International Bond because of the higher expense, lower credit quality, lower yield, and higher duration. In reviewing the bond portfolio of Wellesley Income, Core Bond, and Intermediate Term Investment Grade funds I noticed they ...
by jhfenton
Wed Jun 14, 2017 7:28 am
Forum: Investing - Theory, News & General
Topic: How does the fiduciary rule affect Vanguard?
Replies: 4
Views: 1167

Re: How does the fiduciary rule affect Vanguard?

The direct financial impact on Vanguard from a compliance standpoint should be minimal. Other than through the Vanguard PAS, they are not in the business of providing financial advice. Neither the brokerage folks nor the mutual fund folks make trade recommendations or "sell" anything. They don't pro...
by jhfenton
Tue Jun 13, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: Favorite Active Funds?
Replies: 22
Views: 2819

Re: Favorite Active Funds?

The only active funds I currently own are Vanguard Ohio Long-Term Tax Exempt (VOHIX) and a tiny bit of Vanguard Limited Term Tax Exempt Investor Shares (VMLTX). And since I own more VOHIX, I guess that makes it my favorite. I consider all of Vanguard's active bond funds to be good funds, as is Vangu...
by jhfenton
Tue Jun 13, 2017 12:47 pm
Forum: Investing - Theory, News & General
Topic: New Fidelity Offerings - Sustainability Index Funds
Replies: 2
Views: 512

Re: New Fidelity Offerings - Sustainability Index Funds

Thanks for the PSA. I'm holding out for a sin fund. :happy :sharebeer If I were to invest in a themed mutual fund or ETF--I don't invest that way--a low-cost "sin" fund would be a possibility. I haven't seen a broad "sin" ETF--only "sin" sector ETFs focused on gambling or alcohol--and the famous VI...
by jhfenton
Tue Jun 13, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 6188

Re: Favorite Feature of Vanguard Website?

My favorite feature is that I can sell an ETF and immediately buy a Vanguard mutual fund with the unsettled proceeds without use of margin, even in a retirement account. (If you do it in a margin account, though, they will properly ding you for the two days margin interest.) As others have mentioned...
by jhfenton
Sat Jun 03, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead approved actively managed funds!
Replies: 28
Views: 3235

Re: Boglehead approved actively managed funds!

I would be content with pretty much any of Vanguard's active bond funds. In fact, in many areas of the bond market, I prefer active bond funds, costs being equal . In particular, I don't believe indexing is ideal for muni bonds or high yield corporate bonds. In fact, other than treasury bonds, I don...
by jhfenton
Sat Jun 03, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: car oil changes a scam maybe ?
Replies: 18
Views: 1697

Re: car oil changes a scam maybe ?

I would agree that the Every-3000-Mile spiel from JiffyLube and the like is essentially a scam, but I don't see any evidence that car manufacturers are scamming folks into changing their oil more often than necessary. We follow our 2012 Honda Odyssey's automatic oil life sensor, and it sends us in f...
by jhfenton
Fri Jun 02, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Ohio Long Term Tax Exempt in taxable
Replies: 3
Views: 356

Re: Ohio Long Term Tax Exempt in taxable

Nope. I own VOHIX myself. It's a solid fund. The duration doesn't bother me; it's not really that long. But the duration is a bit deceiving. Because of the call options on many muni bonds, the low duration is largely a product of current low rates: many of the bonds are likely to be called, and they...
by jhfenton
Fri Jun 02, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund holder - do I need intl?
Replies: 52
Views: 3724

Re: Balanced index fund holder - do I need intl?

I agree with livesoft. :beer

(I would recommend some amount of international for everyone, but not having it is a venial sin. Jumping in after it has done well and abandoning it when it has not is a mortal sin. So don't do that. :twisted:)

We're 50/50 US/Intl on the equities side.
by jhfenton
Fri Jun 02, 2017 6:59 am
Forum: Investing - Theory, News & General
Topic: Differing expense ratio reports for same ETF
Replies: 2
Views: 278

Re: Differing expense ratio reports for same ETF

stlutz wrote:IB doesn't keep their info. up to date. Not much to explain.
+1. IB's numbers are just out of date.
by jhfenton
Thu Jun 01, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: "Optimized" Bond ETFs
Replies: 14
Views: 1317

Re: "Optimized" Bond ETFs

You could take a look at AGGY (WisdomTree Barclays Yield Enhanced U.S. Aggregate Bond Fund). It's 12 bp, 136.21MM in AUM, 0.11% average B/A spread, $810.11K traded per day (according to etf.com). So it's not high AUM, but it's gathered that in less than 2 years, and liquidity is not terrible. It's a...
by jhfenton
Thu Jun 01, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: "Why Your Investment Strategy Should Fit on an Index Card"
Replies: 17
Views: 3524

Re: "Why Your Investment Strategy Should Fit on an Index Card"

In my 10th grade biology class, our teacher allowed us to use a homemade ~6"x6"x6" cube of notes on the final exam. Everyone else hand-wrote theirs. I typed up my notes and diagrams and used a dot-matrix printer to print them out very, very tiny on 6" squares. So you're the reason all my teachers r...
by jhfenton
Thu Jun 01, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: "Why Your Investment Strategy Should Fit on an Index Card"
Replies: 17
Views: 3524

Re: "Why Your Investment Strategy Should Fit on an Index Card"

It's good advice, but That wouldn't limit me much. :sharebeer In my 10th grade biology class, our teacher allowed us to use a homemade ~6"x6"x6" cube of notes on the final exam. Everyone else hand-wrote theirs. I typed up my notes and diagrams and used a dot-matrix printer to print them out very, ve...
by jhfenton
Thu Jun 01, 2017 7:37 am
Forum: Investing - Theory, News & General
Topic: My Smart Beta ETF Premised on Cats Rang Up an 849,751% Return
Replies: 1
Views: 512

Re: My Smart Beta ETF Premised on Cats Rang Up an 849,751% Return

The article was great. Thanks for the link. Full credit to the author for explaining a serious point in a delightful way.
by jhfenton
Wed May 31, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Settlement in tax advantaged accounts (Roth/HSA)
Replies: 3
Views: 240

Re: Settlement in tax advantaged accounts (Roth/HSA)

I do what you describe all the time. Vanguard even floats the difference in settlement for Vanguard mutual funds. I can sell an ETF and immediately buy a Vanguard mutual fund with the proceeds. Not all brokers will do that, though all should let you do what describe--unless your account is on restri...
by jhfenton
Tue May 30, 2017 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 5578

Re: Voyager Select vs Flagship

GMT-8 wrote: I have also used the free Financial Engines retirement estimator/advisor tool for years. It's on the Flagship page - I don't know if it is on Select.

GMT-8
It is. Even regular Voyager has it. I played with it a few times before we hit Voyager Select.
by jhfenton
Tue May 30, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Buying an ETF with VG MM funds
Replies: 2
Views: 482

Re: Buying an ETF with VG MM funds

Do you have one of the new consolidated brokerage accounts? Is your Prime MM holding inside the brokerage account or a stand-alone mutual fund account? With the consolidated brokerage account, you can buy an ETF and the money needs to be in the account in cash by the third business day (settlement d...
by jhfenton
Mon May 29, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy brk.a? [Berkshire Hathaway Inc. Class A]
Replies: 24
Views: 3643

Re: How to buy brk.a?

Unless you care about voting rights or the cachet of owning BRK.A, I don't know why you would care about owning BRK.A vs BRK.B. The short answer is, if you're buying in an IRA, once you get 1,500 shares of BRK.B, you can try to sell your BRK.B and buy a share of BRK.A. If you're buying in a taxable ...
by jhfenton
Mon May 29, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: Etrade's illustrations of direct rollover and indirect rollover
Replies: 4
Views: 447

Re: Etrade's illustrations of direct rollover and indirect rollover

student wrote:
Earl Lemongrab wrote:What do you think is wrong with the graphics?
They inverted the titles of the two graphics, correct? The graphic labeled as indirect should be direct and vice versa.
Yes. You are correct.
by jhfenton
Mon May 29, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: tax exempt bond funds
Replies: 25
Views: 2436

Re: tax exempt bond funds

One possibility would be to move enough of the Vg Limited Term Tax Exempt (VLimTTE) into the Vg Long Term Tax Exempt to get the duration where you want it. Since I live in Ohio and Vanguard has an Ohio Long Term Tax Exempt fund (VOHIX), I barbell VOHIX and VLimTTE rather than use Vg Intermediate Ter...
by jhfenton
Sun May 28, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 52
Views: 5810

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

A recent example of customer service at Vanguard - I sent a message on Wednesday asking a pretty simple question. No response so far. Not even a response saying they got the message. I've been very happy with customer service at Vanguard…except for their response to messages. When we transferred ou...
by jhfenton
Sat May 27, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: Why did Vanguard's Market Capitalization in their Portfolio Analysis change?
Replies: 6
Views: 991

Re: Why did Vanguard's Market Capitalization in their Portfolio Analysis change?

That is a good question. I see what you're talking about, and you're right about the reference numbers changing. It makes my portfolio look even more skewed. :beer (Vanguard PortfolioWatch says that my US equities are 10.1% large, 38.3% mid, 51.6% small.) It has to be a definitional change for the m...
by jhfenton
Sat May 27, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 5578

Re: Voyager Select vs Flagship

Dont you need 1000K (1mil) to get flagship?? https://investor.vanguard.com/investing/benefits/flagship I am now Voyager Select. I could move $100K from my Ally savings account earning 1.05% to Vanguard prime mmf earning .97% and become Flagship. The difference in interest is less than $100/year. It...
by jhfenton
Sat May 27, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: Wells Fargo Introduces New Fund Class
Replies: 5
Views: 1218

Re: Wells Fargo Introduces New Fund Class

Wells Fargo Advisors (WFC.N) will start offering a new share class of mutual funds next month as part of its plan to comply with the new U.S. Labor Department regulation that seeks to put the interests of retirement clients first, the bank confirmed Wednesday. So, previously, their other share clas...
by jhfenton
Sat May 27, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: CAPE adjusted stock/bond ratio
Replies: 14
Views: 1205

Re: CAPE adjusted stock/bond ratio

I was watching CNBC yesterday and Jeremy Seigel was on and it was pointed out that CAPE is going to radically change in approximately 18 months (barring another crisis I guess) because the data from the Great Recession Ages out. :beer Thanks for bringing this up. Beyond all the other reasons why yo...
by jhfenton
Sat May 27, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Death of the Stock Split? (WSJ)
Replies: 14
Views: 2714

Re: Death of the Stock Split? (WSJ)

selters wrote:Didn't both Apple and Google split their stocks only a couple of years ago?
The article specifically mentioned Apple's split. Apple did its 7-for-1 split so that it could be added to the old-fashioned price-weighted DJIA.
by jhfenton
Fri May 26, 2017 10:14 am
Forum: Investing - Theory, News & General
Topic: "The World's Largest Fund Just Got a Bit Cheaper"
Replies: 6
Views: 1587

Re: "The World's Largest Fund Just Got a Bit Cheaper"

I'm a little lost in terminology. Since VTI is an ETF, I looked up "largest ETF" and find that IVV is bigger than VTI and SPY is nearly 3 times the size. In the article, "fund" gets mentioned a bunch, but I don't see any mutual funds talked about. VTI is only one share class of the Total Stock Mark...
by jhfenton
Fri May 26, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: "The World's Largest Fund Just Got a Bit Cheaper"
Replies: 6
Views: 1587

Re: "The World's Largest Fund Just Got a Bit Cheaper"

Uncle Pennybags wrote:REITs got more expensive, up .02%. :annoyed
That happened a year or two ago, I believe. They were 0.12% last year as well.
by jhfenton
Fri May 26, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard REIT ETF ER increased?!?
Replies: 13
Views: 2101

Re: Vanguard REIT ETF ER increased?!?

I own this fund. Vanguard had sent around a message a few months ago saying fees dropped from 0.12% to 0.10%; I thought 10 bps was low for a REIT fund. I have experienced both increases and decreases in fees, so this does not really surprise me. I do not see any document in which the fees for the E...
by jhfenton
Thu May 25, 2017 7:34 am
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 2237

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Meh. I agree with one of the commenters to the article: "This article is not about the threat of climate change but rather the threat of climate change regulations on corporate results." If Vanguard were taking a political stance on carbon regulation, I would have an issue with that. But asking a co...
by jhfenton
Wed May 24, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity customer protection guarantee-void if you use Mint?
Replies: 39
Views: 3732

Re: Fidelity customer protection guarantee-void if you use Mint?

I have no way of knowing if Fidelity enforces that policy. I suspect Fidelity would only enforce it--and would only be allowed to enforce it--if sharing the password with the aggregator lead to the Fidelity account being compromised (i.e. if the aggregator was compromised first). Either way, count ...
by jhfenton
Wed May 24, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity customer protection guarantee-void if you use Mint?
Replies: 39
Views: 3732

Re: Fidelity customer protection guarantee-void if you use Mint?

I have no way of knowing if Fidelity enforces that policy. I suspect Fidelity would only enforce it--and would only be allowed to enforce it--if sharing the password with the aggregator lead to the Fidelity account being compromised (i.e. if the aggregator was compromised first). Either way, count m...
by jhfenton
Wed May 24, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: Survey: 5 yr. CDs: 2.12% with no EWP vs 2.69% with 12 mo EWP?
Replies: 12
Views: 1743

Re: Survey: 5 yr. CDs: 2.12% with no EWP vs 2.69% with 12 mo EWP?

For what it is worth, this is from depositaccounts.com blog: "The chance of a June and December Fed rate hike did go up in the last week according to the Fed funds futures. They now show an 83% chance of a June Fed rate hike, that’s up from 69% last week. For December, the chance that there wi...
by jhfenton
Wed May 24, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: Survey: 5 yr. CDs: 2.12% with no EWP vs 2.69% with 12 mo EWP?
Replies: 12
Views: 1743

Re: Survey: 5 yr. CDs: 2.12% with no EWP vs 2.69% with 12 mo EWP?

I'm with boglephreak. Assuming that these were emergency funds or at least medium-term investments and that I didn't anticipate needing them within five years, I would go with the 2.69% with EWP. If there were, say, a one-in-three chance I'd need the money, I'd go with the 2.12% with no EWP. I don'...
by jhfenton
Tue May 23, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: Survey: 5 yr. CDs: 2.12% with no EWP vs 2.69% with 12 mo EWP?
Replies: 12
Views: 1743

Re: Survey: 5 yr. CDs: 2.12% with no EWP vs 2.69% with 12 mo EWP?

I'm with boglephreak.

Assuming that these were emergency funds or at least medium-term investments and that I didn't anticipate needing them within five years, I would go with the 2.69% with EWP.

If there were, say, a one-in-three chance I'd need the money, I'd go with the 2.12% with no EWP.
by jhfenton
Mon May 22, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 12273

Re: Zacks says sell Wellesley!?

Zack's ratings are complete and utter nonsense. You would be better served by forgetting that they exist.
by jhfenton
Sun May 21, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Why ETF settlement happens on T+3?
Replies: 22
Views: 2352

Re: Why ETF settlement happens on T+3?

Why ETF (at least in my broker) settles on T+3 days? Also, in general, do brokers allow you to sell your ETF before the settlement of the purchase of that same ETF? I mean, for instance suppose I buy some ETF of 5/10 and it is supposed to settle on 5/13 but I want to sell it on 5/11 (for a profit),...
by jhfenton
Fri May 19, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: iPhone GPS apps
Replies: 15
Views: 1392

Re: iPhone GPS apps

I use Waze. It's the best I've found for real-time traffic and rerouting, real-time police alerts, etc.
by jhfenton
Fri May 19, 2017 6:24 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 8688

Re: Milestone and not peeking. . .

Congratulations!

I am definitely a peeker…if by peeking you mean updating and reconciling my spreadsheets every day.
by jhfenton
Thu May 18, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 14415

Re: For those with $500k-$1m in investments...

We're 47. Not counting checking and savings accounts, our "retirement portfolio" is 1.7% taxable, 25.7% Roth IRA, 66.6% traditional IRA/401(k), 5.9% HSA. By the time we max out Roths and 401(k)s and family HSA, we're saving a third of our gross income. Any additional savings gets split bet...
by jhfenton
Thu May 18, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX need advice [Vanguard Total Stock Market]
Replies: 65
Views: 8457

Re: 100% VTSAX need advice

... There is no net factor small cap factor or value factor in the total market portfolio, by definition. There are, of course, individual stocks that would be classified as small and value. Which if you are a believer in those " risk factors" means you're not taking an inordinate amount ...
by jhfenton
Wed May 17, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX need advice [Vanguard Total Stock Market]
Replies: 65
Views: 8457

Re: 100% VTSAX need advice

I still wouldn't be able to sleep well if I own just VTSAX and nothing else. No small cap value. No international. No emerging markets. No fixed income. I find that scary. In that case you have to examine the likely behavior of a portfolio that does hold more concentration in SCV, addition of inter...