Search found 1396 matches

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: 11378

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: 813

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: 813

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: 1778

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: 2686

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: 901

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: 3791

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?...
by jhfenton
Mon Aug 01, 2016 6:18 pm
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 ?

I would use the CA Long-Term Tax Exempt and the national Limited-Term Tax Exempt (or national Intermediate-Term Tax Exempt) to dial in my desired duration. I wouldn't even consider the CA intermediate-term fund. Doing the mix-and-match, your highest-yielding munis are state-tax exempt, but you contr...
by jhfenton
Mon Aug 01, 2016 7:42 am
Forum: Investing - Theory, News & General
Topic: Edelman on Muni's
Replies: 29
Views: 2312

Re: Edelman on Muni's

You're right. Munis wouldn't lose value equal to the tax rates the interest was suddenly subject too. Rather the rates would adjust to reflect the loss of tax benefit. The magnitude of the loss would depend on the duration of the munis. In an extreme case--let's say a 35-year zero coupon muni yieldi...
by jhfenton
Sat Jul 30, 2016 7:23 pm
Forum: Investing - Theory, News & General
Topic: Is market out of Sync
Replies: 25
Views: 2494

Re: Is market out of Sync

All of these comments sound familiar. Yet no one has been able to predict the market. Are you hoping to predict a correction? Stick to your AA, and DCA . After that valuations don't matter. Posting only to point out to anybody who comes across this thread that the superiority of Dollar Cost Averagi...
by jhfenton
Sat Jul 30, 2016 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard an external ETFs
Replies: 4
Views: 290

Re: Vanguard an external ETFs

I'm looking into buying the iShares Global 100 ETF through Vanguard and can't seem to find a clear answer on the VG website about dividends. Can I have them automatically reinvested or is that only for VG ETFs? Thanks Non-Vanguard stocks and ETFs are eligible, but the only way to know for a specifi...
by jhfenton
Thu Jul 28, 2016 10:05 am
Forum: Investing - Theory, News & General
Topic: FTSE ex US Small Cap Fund Performance
Replies: 27
Views: 1527

Re: FTSE ex US Small Cap Fund Performance

I look at this chart-- http://tinyurl.com/VTMGXVSSSCZVEMAX --and it looks like the EM drags VSS down compared to SCZ. The other funds are VTMGX (Vanguard Developed Markets) and VEMAX (Vanguard Emerging Markets). Both were large cap only until the last year. They are still mostly large cap. You can s...
by jhfenton
Thu Jul 28, 2016 9:58 am
Forum: Investing - Theory, News & General
Topic: Why is MTUM sluggish in rally?
Replies: 10
Views: 959

Re: Why is MTUM sluggish in rally?

Thank you all for such interesting and informative replies! There is a lot there for me to think about. I have probably been overweight in MTUM, which has actually been very good for me over the period I have held it. But if I wanted to diversify my MTUM, what ETFs might you recommend? QUAL? VLUE? ...
by jhfenton
Thu Jul 28, 2016 8:00 am
Forum: Investing - Theory, News & General
Topic: Why is MTUM sluggish in rally?
Replies: 10
Views: 959

Re: Why is MTUM sluggish in rally?

MTUM is a momentum fund and I wouldn't expect it to necessarily thrive when value is rallying. So I think it's just a case of momentum not leading the charge right now. This is why. The rally the last month has been a "value rally." MTUM has beaten VLUE (the sister value fund that I own) ...
by jhfenton
Thu Jul 28, 2016 7:48 am
Forum: Investing - Theory, News & General
Topic: Two-factor authentication via text messaging
Replies: 18
Views: 2063

Re: Two-factor authentication via text messaging

Doc wrote:
gd wrote:"... at vanguard, my voice is my password".

Other phrase are sometimes asked. I assume they are doing something to increase security. :?:

Does Vanguard really use other phrases? I've probably called in 10 times, and I've only ever been asked to repeat the one phrase.
by jhfenton
Sun Jul 24, 2016 8:09 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 19262

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

:sharebeer But since we're more like [(Age - 44) * 2.5%] in bonds, that tells you my feelings on the subject, at least for me. Careful with that Friend. Somebody might read that as age (46) minus (44) times 2.5% in bonds. I'm guessing you mean 100% and not 5%. :sharebeer 100% in bonds? No. I mean 5...
by jhfenton
Sun Jul 24, 2016 7:01 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 19262

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

At age 45 you are toward the end of the accumulation stage. Not many trusted investment guru's would recommend 100% that late in the accumulation stage. You also haven't experienced a significant equity market decline since you weren't in the equity market in 2008. Also, you are talking about going...
by jhfenton
Sun Jul 24, 2016 1:04 pm
Forum: Investing - Theory, News & General
Topic: High Yield Junk Bonds
Replies: 51
Views: 4839

Re: High Yield Junk Bonds

Huh? HY rated corporations borrow frequently in the new issue market, at par! Agreed. And original issue HY debt is almost uniformly unattractive, with call provisions that cap the upside. *If* I were to buy any HY debt, I would only buy fallen angels, bonds issued at investment grade that have fal...
by jhfenton
Sun Jul 24, 2016 12:55 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 19262

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

As a few others have said, I see no reason other than psychology why your AA shouldn't be 100% (excluding first-tier emergency funds) until 20 years or so before retirement. For us, we were 100% until last year, at age 45. We are currently 95/5 and gliding gradually at 2-3% per year into fixed incom...
by jhfenton
Fri Jul 22, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: World VCR production is ending next month. What to do with my old VHS tapes?
Replies: 57
Views: 4957

Re: World VCR production is ending next month. What to do with my old VHS tapes?

With 4:3 aspect and half the resolution of 480i, it is not worth converting content that can be viewed in newer formats. For home movies, just keep a vcr around. We have one in a box somewhere. :oops: The first part of this is definitely true. Nothing commercial--except perhaps the rarest niche rel...
by jhfenton
Fri Jul 22, 2016 9:05 am
Forum: Investing - Theory, News & General
Topic: Improving Vanguard small cap value by shorting REITs?
Replies: 17
Views: 1612

Re: Improving Vanguard small cap value by shorting REITs?

The next rebalance for these funds will be the first time the market has the standalone real estate sector, as opposed to it being within the financials category. I wonder if some of the indexes will further tweak the value criteria for for real estate that they already do to some degree with finan...
by jhfenton
Thu Jul 21, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Problems
Replies: 4
Views: 1220

Re: Vanguard Problems

I assumed the OP was having a brokerage account access problem--which I've had a couple of times when they've had broad system issues, but which I have not had this week--not a problem specifically with the CD-buying process. I've had no issues purchasing CDs (T+3 settlement) and treasuries (T+1) wi...
by jhfenton
Wed Jul 20, 2016 2:38 pm
Forum: Personal Consumer Issues
Topic: Do chipped ATM only cards offer more protection vs unchipped?
Replies: 21
Views: 1678

Re: Do chipped ATM only cards offer more protection vs unchipped?

No way a chipped card provides more security. My chipped credit card was stolen (not physically, so I am not sure how they got my numbers) and used at walgreens, a fast food restaurant and a grocery store. These must have been physical swipes since the fast food restaurant and grocery store showed ...
by jhfenton
Wed Jul 20, 2016 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity beats Vanguard in ER
Replies: 30
Views: 3089

Re: Fidelity beats Vanguard in ER

I'd consider a few factors beyond the top-line ER: 1. Securities lending revenue. Vanguard funds keep 100% of the securities lending revenue. Most other fund companies take a cut. 2. Vanguard's reported ERs are backwards-looking. They are what the fund cost last year--or for a new fund a high-end es...
by jhfenton
Wed Jul 20, 2016 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Need help with Vanguard direct deposit
Replies: 16
Views: 1412

Re: Need help with Vanguard direct deposit

Vanguard Direct Deposit Service This is what I found by googling. That is not applicable to brokerage accounts. With Vanguard brokerage accounts, it has to go to your settlement fund. That is the only option. Also, unlike the description in the pamphlet, the brokerage platform does allow direct dep...
by jhfenton
Tue Jul 19, 2016 2:58 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

Now why would a US investor buy an unhedged EM bond fund? I cannot think of one reason to take on currency risk of some of the most unstable regions in the world. You don't get paid enough to do that. Non-fund investors such as institutions often don't want this either, so a lot of them are issued ...
by jhfenton
Tue Jul 19, 2016 2:14 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

Is it still in start-up phase, where they haven't fully invested yet? (Not interested in the fund, but in the "process" and customer service, etc.) Thanks. RM It's the same for me. I'm a bit curious about what the fund will look like, but I'm also curious about a fund that is in existence...
by jhfenton
Tue Jul 19, 2016 1:28 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

I was reading the Vanguard first half summary on M* this morning, and the article/video mentioned that Vanguard had quietly launched the Vanguard Emerging Markets Bond Fund. They said that it was in M*'s database (http://www.morningstar.com/funds/xnas/vembx/quote.html)--sort of--but that you wouldn...
by jhfenton
Tue Jul 19, 2016 1:11 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

I was reading the Vanguard first half summary on M* this morning, and the article/video mentioned that Vanguard had quietly launched the Vanguard Emerging Markets Bond Fund. They said that it was in M*'s database (http://www.morningstar.com/funds/xnas/vembx/quote.html)--sort of--but that you wouldn...
by jhfenton
Tue Jul 19, 2016 12:53 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

Seems like a crazy thing to claim. https://personal.vanguard.com/us/funds/snapshot?FundId=1120&FundIntExt=INT It is on their website, easy to find, and I have bought it through their web platform as have $920 million worth of other people. jhfenton pointed out I misunderstood the very slight di...
by jhfenton
Tue Jul 19, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Need help with Vanguard direct deposit
Replies: 16
Views: 1412

Re: Need help with Vanguard direct deposit

One point of clarification - maybe OP can achieve what he/she is trying to achieve: 1. Go to Set Up Automatic Investments (on homepage, click "My Acounts" and then click "Account Maintenance" and select "Automatic Investments"). 2. Select your Roth IRA. 3. Move money f...
by jhfenton
Tue Jul 19, 2016 9:17 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

Seems like a crazy thing to claim. https://personal.vanguard.com/us/funds/snapshot?FundId=1120&FundIntExt=INT It is on their website, easy to find, and I have bought it through their web platform as have $920 million worth of other people. That would be a silly thing to claim, but that is not t...
by jhfenton
Tue Jul 19, 2016 8:37 am
Forum: Investing - Theory, News & General
Topic: R.I.P. CIT Bank 3.25% brokered CD (called)
Replies: 49
Views: 5061

Re: R.I.P. CIT Bank 3.25% brokered CD (called)

My condolences as well. :beer I've only purchased one callable CD out of 21 different issues. The week before last, I bought a small amount of a JP Morgan CD paying 1.6% issued 03/22/16 maturing 03/22/21 (so a maturity of 4.7 years) with a quarterly call starting 03/22/17. It was priced at 97.000. W...
by jhfenton
Tue Jul 19, 2016 8:19 am
Forum: Investing - Theory, News & General
Topic: Adding value by combining value and Momentum
Replies: 35
Views: 2957

Re: Adding value by combining value and Momentum

Personally I hold VBR, VOE and MTUM and the correlations do seem be relatively low in the short term. Whether they'll compliment each other in the longer term seems far less certain. On portfoliovisualizer.com, MTUM has .85 and .81 correlations with VOE and VBR, respectively (BTW the latter two are...
by jhfenton
Tue Jul 19, 2016 7:17 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 30
Views: 2558

Re: New Vanguard Emerging Market Bond Fund

I was reading the Vanguard first half summary on M* this morning, and the article/video mentioned that Vanguard had quietly launched the Vanguard Emerging Markets Bond Fund. They said that it was in M*'s database (http://www.morningstar.com/funds/xnas/vembx/quote.html)--sort of--but that you wouldn'...
by jhfenton
Sun Jul 17, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate tip amount for river rafting guides?
Replies: 50
Views: 3445

Re: Appropriate tip amount for river rafting guides?

I tip restaurant workers, barbers, and that is it. Nobody else gets tip. I would add massage therapists, bellhops (if I can't manage to avoid their services), valets, and cab drivers. I've never taken a vacation with a guide, so I haven't been presented with the question directly. But I don't know ...
by jhfenton
Sat Jul 16, 2016 8:32 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig: Bonds Aren't as Wretched as They Seem
Replies: 13
Views: 2208

Re: Jason Zweig: Bonds Aren't as Wretched as They Seem

How does he know the "bull market in bonds is drawing to a close"? I'm always impressed by columnists who can predict the market. Should we short BLV (long-term bond ETF)? I think you missed the entire point of the article cherry-picking one "probably" statement in the conclusion.
by jhfenton
Sat Jul 16, 2016 11:40 am
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 7308

Re: What's up with 4K tv? Should I buy one?

one thing to consider, and i'll let someone else do the math. for the most part your 4k content is going to come via streaming. 4k takes a lot more data than HD, which just may put you over the internet data caps, which means a monthly surcharge on your bill. so if ya watch a lot of netflix or prim...
by jhfenton
Sat Jul 16, 2016 9:17 am
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 7308

Re: What's up with 4K tv? Should I buy one?

I would only buy a 4K TV if I had a fast enough Internet connection to stream the new 4K content from Netflix or Amazon. There is far less of a price premium on medium-sized 4K sets than I would have expected. We don't watch too much TV in the living room, where we currently have a 40" 1080p se...
by jhfenton
Tue Jul 12, 2016 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 7271

Re: Private vs State School?

I would be very reluctant to pay for many no-name or small-name private schools. Unless there's a unique or niche course of study available, I just don't see the ROI in attending a small, private liberal arts school. An Ivy League school, a comparable non-ivy like Stanford, or a STEM school would be...
by jhfenton
Tue Jul 12, 2016 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Placing a limit buy order against a bank account?
Replies: 9
Views: 464

Re: Placing a limit buy order against a bank account?

Once you have an account established, margin or not, with other assets in it, Vanguard and most brokers will let you place buy orders without cash on hand. Vanguard wouldn't let me do it the very first day I opened my account, but once all of my other assets arrived, the restriction was lifted. Now ...
by jhfenton
Tue Jul 12, 2016 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Vanguard FTSE All-World ex-US Small-Cap Index Fund?
Replies: 5
Views: 493

Re: Thoughts on Vanguard FTSE All-World ex-US Small-Cap Index Fund?

Others have made the comments I would have. (1) The fund has tracked its index very well. (2) The fund is the only one or one of the few in the segment with a market cap weighting of emerging markets (17.6% per Vanguard's definitions). That has hurt its performance relative to small/mid funds with o...
by jhfenton
Tue Jul 12, 2016 10:18 am
Forum: Personal Consumer Issues
Topic: Vanguard broken this morning?
Replies: 37
Views: 2322

Re: Vanguard broken this morning?

Still on-hold over the phone. Is there an app that I can install on my phone to trade? You can try the app, but it wasn't working for me 30 minutes ago either. Yesterday, though, when the website was having minor glitches preventing ETF and mutual fund trades, I was able to enter orders on the Vang...
by jhfenton
Tue Jul 12, 2016 9:53 am
Forum: Personal Consumer Issues
Topic: Vanguard broken this morning?
Replies: 37
Views: 2322

Re: Vanguard broken this morning?

The mobile apps aren't working today either. I was able to sell what I needed to sell yesterday through the iPad app (after switching the language to English because...bad programming and testing). (I was selling some of a bond fund to cover a brokered CD purchase. Brokered CDs are T+3 settlement, s...
by jhfenton
Tue Jul 12, 2016 9:29 am
Forum: Personal Consumer Issues
Topic: Vanguard broken this morning?
Replies: 37
Views: 2322

Re: Vanguard broken this morning?

It's more broken today. Even their link to the outside fixed income system is broken. When I try to go into ""View and trade bonds or CDs" and select an account, a pop-up appears with the message "You can view bonds and CDs, but you won't be able to place trades online. Choose an...
by jhfenton
Tue Jul 12, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Vanguard broken this morning?
Replies: 37
Views: 2322

Re: Vanguard broken this morning?

Yep. I just logged in, and they're having the same problems again today.

I hadn't checked until I saw this thread, as I didn't have anything to do today.
by jhfenton
Tue Jul 12, 2016 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard direct deposit peculiarity
Replies: 2
Views: 733

Re: Vanguard direct deposit peculiarity

On my Vanguard Brokerage direct deposit form, the "Receiving financial institution" is J.P. Morgan Chase Bank, N.A. There is a routing number that, if you Google it, matches up with J.P. Morgan Chase. And then there is a 17-digit number labeled "Vanguard Brokerage Account number"...
by jhfenton
Mon Jul 11, 2016 11:39 am
Forum: Personal Consumer Issues
Topic: Vanguard broken this morning?
Replies: 37
Views: 2322

Re: Vanguard broken this morning?

I was able to enter a sell order on the iPad app. (I did have to switch the language from French to English, because both the iPhone and iPad apps are broken when trying to trade in an non-American language format. The system automatically formats $89.78 as $89,78 which causes the iPhone app to spit...

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