Search found 2891 matches

by jhfenton
Tue May 01, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Fiber cable on front lawn
Replies: 39
Views: 2584

Re: Fiber cable on front lawn

I doubt they have one. Without a doubt they have an easement. Like 99.99% sure. It won't be in the deed. It will be shown on the subdivision plat. I highly doubt they do, not on the cable-across-the-lawn level. I work (as an attorney) for our regional local phone company that has built fiber out to...
by jhfenton
Mon Apr 30, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Home Health Aids Cincinnati
Replies: 4
Views: 534

Re: Home Health Aids Cincinnati

I would start with the Council on Aging of Southwest Ohio . ProSeniors can also help if there are any legal or long-term care issues. I don't have any personal experience dealing with home care, but I used to work as an attorney for ProSeniors, so I had a lot of clients dealing with the home care pr...
by jhfenton
Mon Apr 30, 2018 8:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

EMGF has a short lifespan of just over two years, but If I use the AQR Factors for Global Ex-US on portfoliovisualizer.com, Using ex-us data on EM funds, are the results at all useful? I get low R-squared and huge confidence intervals. Same for FNDE which is over 4 years old. I'm not sure the facto...
by jhfenton
Sun Apr 29, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

iShares multifactor funds seem to be constructed more intelligently, and they offer them for more asset classes. Vanguard's multifactor fund seems to have the fewest compromises of all, but it's only US at this point. I suppose the ishares smallcap multifactor funds might be competitive for someone...
by jhfenton
Sun Apr 29, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

On the multifactor design--of course what I really want is relatively high factor loading for all factors, with low total costs. I'd expect a composite score method to have higher loading than just splitting the portfolio into sections targeting each factor. Which as I recall is what the Goldman Sa...
by jhfenton
Sun Apr 29, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is McClung "slice and dice" worth the complication?
Replies: 40
Views: 2749

Re: Is McClung "slice and dice" worth the complication?

I have a couple related problems with the proposed portfolio: 1. There are more tiny pieces than are worth the effort. I think you can combine and simplify. 2. It's impractical (for me and most people) given the constraints of 401(k)s to manage so many small slices. A typical 401(k) might have one o...
by jhfenton
Sun Apr 29, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

However, even without front-running, an ETF may skew it's own index by lazy trading "around" the index inclusion or exclusion dates, thus partially front-running their own index, and affecting the price of a security when the index accounts for the addition or removal. I have wondered if some funds...
by jhfenton
Sun Apr 29, 2018 7:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

... I guess this will ever so slightly add to the average factor tilt over time. And yet, I'm not understanding why this cannot be done rules-based. Maybe it is, but the algorithm is not disclosed. Respectfully, I cannot believe somebody is sitting in front of a screen every day all year monitoring...
by jhfenton
Sat Apr 28, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

Theoretical wrote:
Sat Apr 28, 2018 8:59 am
Re: the expense ratio and perspective:

It's .13%, and for $7.5 million in assets, that is $9750 in fees per year. That is remarkably low cost.
That adds an excellent perspective. I should have done the math.
by jhfenton
Fri Apr 27, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Movie Pass Camera Access
Replies: 3
Views: 474

Re: Movie Pass Camera Access

On an iPhone access to the camera and access to the photo library are separate permissions. It should be clear when the app asks for permission which it is. After the fact, you can look at the app permissions in Settings (in the alphabetical list of apps at the bottom of Settings). If I look at my c...
by jhfenton
Fri Apr 27, 2018 7:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

I think every new investment proposal should receive scrutiny, and investment decisions should never be guided by immediate excitement. ... thanks for confirming the chracteristics of VFVA and the old value funds. I gather that the "deeper value" is the main benefit of VFVA, and that they implement...
by jhfenton
Fri Apr 27, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: Schwab 1000 Index Fund? SNXFX
Replies: 4
Views: 537

Re: Schwab 1000 Index Fund? SNXFX

You have to take the slight underperformance with a grain of salt, as it used to be quite a bit more expensive. I can't find a complete history, but the ER was 50 bp in 2005, 49 bp in 2006, 29 bp in April 2015 and April 2016. Schwab cut the expense to 5 bp sometime between April 2016 and October 201...
by jhfenton
Fri Apr 27, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10748

Re: Amazon to raise Prime membership in US to $119 from $99

Their Prime shipping speed have been slipping. The "guaranteed delivery by" is a joke as the guarantee is no longer backed by anything whereas they used to thrown in a month of Prime as a guarantee. I'm sympathetic, but that entirely depends on where you live. In Cincinnati, I actually get free nex...
by jhfenton
Fri Apr 27, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: VG's puzzling Wash Rules Ruling
Replies: 13
Views: 1111

Re: VG's stubborn Wash Rules Ruling

I have a very hard time believing Vanguard flagged a sale of VIMAX and a purchase of SCHM as a wash sale. Brokers simply don't go beyond their obligation to flag wash sales on a sale and purchase of the exact same security. It is more likely that a previous purchase of VIMAX made the later sale a wa...
by jhfenton
Fri Apr 27, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

What precisely is a tangible benefit of the new VFVA (Vanguard US Value Factor ETF) vs. the old VBR (small cap value), mid cap value, large cap value, etc.? The expense ratio of VFVA is about twice that of the old ETFs. I gather that VFVA does not track an index, but on the other hand the relevant ...
by jhfenton
Thu Apr 26, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Change in Morningstar size buckets?
Replies: 4
Views: 466

Re: Change in Morningstar size buckets?

Yes. It’s annoying, and it has led to a few recent threads with people asking why certain Vanguard small cap funds suddenly had so much less small cap.
by jhfenton
Thu Apr 26, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 257
Views: 34050

Re: New HSA provider Lively offers investments for $30/yr fee

1. Does this linked Lively bank account also carry fees, or minimum balance requirement? 2. Does the linked TDA account carry a fee other than any trade transaction cost? 3. Does TDA offer no-fee Mutual funds? 4. haha! Does Lively provide you with a debit card to pay the doc? Are there transaction ...
by jhfenton
Wed Apr 25, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: FTSE Reclassified Poland as a Developed Market
Replies: 3
Views: 510

Re: FTSE Reclassified Poland as a Developed Market

Thanks for the link. I had missed the news last fall. It doesn't change much, though. Poland is 1.3% of VEMAX, so it is 1.3% of 60% of 20% of 80% of our portfolio. So roughly 0.13%. (Roughly 40% of our 20% EM is in EMGF, based on an MSCI base index.) We don't own a large-cap developed ex-US fund, so...
by jhfenton
Wed Apr 25, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 10786

Re: Larry Swedroe: Financial Perils Of Old Age

Forget planning to die young. My goal is to be the first centenarian to run a marathon. :beer (You can't tell, but that's a toasting-with-green-tea emoji, not the usual beer emoji.) It may be too late! https://en.wikipedia.org/wiki/Fauja_Singh "[O]n 16 October 2011, Singh became the first 100-year-...
by jhfenton
Wed Apr 25, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: new display this morning?
Replies: 11
Views: 2512

Re: Vanguard: new display this morning?

linenfort wrote:
Wed Apr 25, 2018 12:12 pm
ResearchMed wrote:
Wed Apr 25, 2018 11:44 am

It looks the same, at least for now.

That "recent activity" has always been another "tab", and still is.
I don't have that tab as of this morning. :?
Ah. You're a guinea pig for a new layout. Mine hasn't changed yet.
by jhfenton
Wed Apr 25, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 257
Views: 34050

Re: New HSA provider Lively offers investments for $30/yr fee

I just received an email from Lively today. They now have a very simple online form to initiate transfers. It wasn't time for my quarterly transfer yet, but I decided to go ahead and try it again with just a single month's contributions in employer HSA. (I leave $25.xx behind.) I'd do monthly transf...
by jhfenton
Wed Apr 25, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard: new display this morning?
Replies: 11
Views: 2512

Re: Vanguard: new display this morning?

It looks the same, at least for now. That "recent activity" has always been another "tab", and still is. Then, from a drop-down menu, we'd get "Balances" or "Performance" for each holding. This is for an account with a 403b, in case that matters, and also an IRA, but no taxable monies. Maybe we'll ...
by jhfenton
Wed Apr 25, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: I Bonds now or wait until May?
Replies: 10
Views: 738

Re: I Bonds now or wait until May?

The *potential* extra 0.1% compounded over 30 years on a $10K purchase of I Bonds works out to about $300. Over 30 years. Or an extra $10 a year. Not a huge difference either way. *shrug* I wouldn't stress about it much either way. 0.2% is not the best-case scenario. On April 28, 2017, the real 5-y...
by jhfenton
Wed Apr 25, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 10786

Re: Larry Swedroe: Financial Perils Of Old Age

goblue100 wrote:
Wed Apr 25, 2018 9:38 am
Take care of yourselves.
Forget planning to die young. My goal is to be the first centenarian to run a marathon. :beer (You can't tell, but that's a toasting-with-green-tea emoji, not the usual beer emoji.)
by jhfenton
Wed Apr 25, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: I Bonds now or wait until May?
Replies: 10
Views: 738

Re: I Bonds now or wait until May?

I would absolutely, positively wait until May 1. No question whatsoever. There is every likelihood that the fixed rate will increase slightly, and even 0.2% long-term would mean far more than snagging 6 months of the higher variable rate (especially since you're only delaying the drop from 2.5% to 2...
by jhfenton
Wed Apr 25, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Is mid/small cap necessary
Replies: 15
Views: 2305

Re: Is mid/small cap necessary

I have never asked myself the titular question.

I do often ask myself whether large cap is necessary.

If pressed for an answer, I would say no.
by jhfenton
Wed Apr 25, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Is Today a good day for TLH?
Replies: 24
Views: 1958

Re: Is Today a good day for TLH?

Can I use VTI etf as TLH partner for VTSAX (Total Stock market ETF and MF) without invoking any problem? I have never traded in ETFs, always only MFs. Is there anything I should be mindful about? My usual go to for TLH partner is SP500Index MF. But I like the idea of instant trading with ETF and kn...
by jhfenton
Wed Apr 25, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 2308

Re: Vanguard Surveys

The tipoff for me in the offer your husband received, LG, is the promise of some financial reward for participation in their survey. I've received such "offers" from other supposed sites (not Vanguard) and when I see the promise of receiving a gift card, report it as a phishing scam. There is absol...
by jhfenton
Tue Apr 24, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 2308

Re: Vanguard Surveys

A few weeks ago, my better half was invited to be a Vanguard Steering Community Member. I received this as well, and I signed up after verifying the authenticity. There is a mix of general, but private survey questions and public questions where everyone in the community can see all the responses. ...
by jhfenton
Tue Apr 24, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Converting partial lot of Mutual Fund to ETF at Vanguard?
Replies: 3
Views: 329

Re: Converting partial lot of Mutual Fund to ETF at Vanguard?

I cannot confidently answer your question. I know that they don't require you to keep the minimum initial investment in the fund after a conversion, but I don't know if they have a minimum. I've never had any mutual fund other than a money market below 1.000 shares. (I know that they will not let yo...
by jhfenton
Mon Apr 23, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 50
Views: 4589

Re: Vanguard factor funds slow to catch on

I still find it strange how difficult they make it to find information about these ETFs on their website, however. What is the point of "hidden" ETFs? It seems clear from Vanguard's limited marketing that they see them primarily as tools for advisors to construct portfolios for clients. They've mos...
by jhfenton
Mon Apr 23, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 50
Views: 4589

Re: Vanguard factor funds slow to catch on

Point being, the S&P500 index fund started out small and took time to catch on. I suppose it might be too soon to throw in the towel for Vanguard's new factor funds. While Vanguard may be competing with DFA,I remember Larry Swedroe saying Vanguard's Value and Small cap funds weren't as "valuey" or ...
by jhfenton
Sun Apr 22, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

I bought VFMFX on the first day as well. I know that the second quote is not your actual plan, but it makes me wonder: why did you also buy VFVA? Do you have a particular value loading goal, similar to Robert T? Basically, yes. I've always tilted fairly heavily toward value, at least on the U.S. si...
by jhfenton
Fri Apr 20, 2018 9:28 pm
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard multi-factor ETF blocked at Merrill Edge
Replies: 7
Views: 1172

Re: PSA: Vanguard multi-factor ETF blocked at Merrill Edge

I bought the VFMFX Admiral Shares at launch, so I haven't bought VFMF yes. But I have bought the even less active VFVA (Vanguard US Value Factor) (at Vanguard, in an IRA). VFMF has added $20 MM in assets to its original $7.5 MM (currently $27.51 MM according to ETF.com). VFVA has no new shares creat...
by jhfenton
Fri Apr 20, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

I bet there's some Bogleheads who never owned .5% of a fund until recently. You can count me in that category. I've never been close before, but I currently own about 0.7% of VFVA. :beer (I own a bit more VFMFX than VFVA, but I've been diluted to less than 0.5% at this point.) Myself, I wish they w...
by jhfenton
Fri Apr 20, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16392

Re: Vanguard New Factor Funds Portfolio Statistics

AUM update: VFMFX $18.2 MM (as of 3/31/18 from Vanguard) (M* shows $31.6 MM, but I'm skeptical that is accurate) VFMF $27.44 MM VFMO $9.88 MM VFMV $7.99 MM VFQY $7.87 MM VFLQ $7.85 MM VFVA $7.77 MM * ETF assets from ETF.com Other than the multifactor fund, the other ETFs haven't grown yet. Only VFMO...
by jhfenton
Fri Apr 20, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 34
Views: 5115

Re: The Two Fund Portfolio

In theory, I could see using a global equivalent of the new Vanguard US Multifactor Admiral Shares (or ETF) as a single equity holding. The Vanguard multifactor fund is about 1/3 large, 1/3 mid, 1/3 small, and selects stocks with reasonable valuation, quality, and momentum metrics. A global version ...
by jhfenton
Thu Apr 19, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3042

Re: Do you use Yahoo? New Privacy Terms

I thought about that. My concern was that someone else could then sign up using my old username and some random folks might end up impersonating me. +1 That's what stopped me from deleting my Yahoo account last night. I'll just leave the email account dormant, and use the portfolio page as long as ...
by jhfenton
Thu Apr 19, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3042

Re: Do you use Yahoo? New Privacy Terms

I have an account with https://protonmail.ch but I primarily still use gmail. Some day I may get away. I've had a ProtonMail account for a while, but I haven't really used it. I just upgraded to a $5/month paid account to test out the more advanced features. If I like it, it's $48/year paid annuall...
by jhfenton
Thu Apr 19, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: poor fund choices on HSA account BB&T
Replies: 2
Views: 306

Re: poor fund choices on HSA account BB&T

any thoughts on this? The529guy is correct. My employer-sponsored HSA is not terrible, but it's also not great. They charge $2/month to invest plus 20 bp per year (5 bp per quarter) on the invested assets, and they have a few Vanguard funds. I left most of our HSA assets there when the investment f...
by jhfenton
Wed Apr 18, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Divesting gun stocks
Replies: 11
Views: 1095

Re: Divesting gun stocks

I don't buy gun stocks to support gun manufacturers. I don't buy any stocks to support any particular companies. I invest in broad index funds to fund our retirement and fund the things that I really want to do and support in retirement, whether that be buying guns or traveling the world learning ev...
by jhfenton
Wed Apr 18, 2018 6:40 pm
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3042

Re: Do you use Yahoo? New Privacy Terms

I only use Yahoo! Finance to track a portfolio of ETF tickers that I watch. I don't really use the email address or any of their other services. I looked at deleting my Yahoo! account this evening, but at the bottom of the terms they show you when you attempt to delete your account, they say that th...
by jhfenton
Sun Apr 15, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: First Post: HSAs & American Funds v. Vanguard returns
Replies: 6
Views: 415

Re: First Post: HSAs & American Funds v. Vanguard returns

1)H.S.A. is currently in a company provided checking account earning zero-point-nothing interest. Not much in the account right now, but as we max this out over the coming years, I’d like to earn something on it. Is it possible to set up a second, parallel H.S.A. account that’s invested in stock/bo...
by jhfenton
Sat Apr 14, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: How many of you have some developed international and EM indexed bond funds in your portfolio?
Replies: 22
Views: 1616

Re: How many of you have some developed international and EM indexed bond funds in your portfolio?

I am considering doing a 50% total US bond index, 25% DM, and 25% EM or 50/50 US/EM. Looking at Morningstar risk/return BND has risk of "above average" and return of "average". BNDX and VWOB have the same returns with risk of "Below average". Found it surprising that EM was rated less risk than US ...
by jhfenton
Sat Apr 14, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard customer experience
Replies: 22
Views: 2084

Re: Vanguard customer experience

One of the rules of procedure is never put two transactions in the same envelope. The workflow process is that one action of opening an envelope produces one transaction. The other transaction no more exists than if you had put in a piece of last year's want ads from the paper. Indeed. I won't make...
by jhfenton
Sat Apr 14, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: How many of you have some developed international and EM indexed bond funds in your portfolio?
Replies: 22
Views: 1616

Re: How many of you have some developed international and EM indexed bond funds in your portfolio?

I have about 5% of our portfolio in VEGBX (Vanguard Emerging Markets Bond Admiral Shares). It's the newish active EM bond fund. I don't consider it part of our equity allocation or our fixed income allocation. It is in its own category, mentally divided about 50/50 between equity and bond. (Though i...
by jhfenton
Sat Apr 14, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard customer experience
Replies: 22
Views: 2084

Re: Vanguard customer experience

I think the biggest thing you can do--and I know that you tried--is to make sure that the account names match exactly and to make all transfers entirely online with absolutely no paperwork involved. As soon as any paperwork is involved, you increase the odds of running into trouble. I will never mai...
by jhfenton
Sat Apr 14, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: How volatile could REITs be going forward?
Replies: 7
Views: 950

Re: How volatile could REITs be going forward?

The premise of your question is not accurate. As livesoft said, REITS have consistently been more volatile than either US or ex-US equities overall. I believe that is unlikely to change. (You can go to portfoliovisualizer.com and compare the historical performance and volatility of different asset c...
by jhfenton
Sat Apr 14, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: Factor Investing - A convincing article
Replies: 67
Views: 5983

Re: Factor Investing - I convincing article

jhfenton wrote: 5 years of underperformance! I'm convinced. :oops: Or perhaps, I'll stick with what has overperformed for me for more than 20 years. Come on, don't leave us in suspense, what is your secret overperformance strategy? For those who aren't familiar with John Bogle's classic Tell Tail C...
by jhfenton
Sat Apr 14, 2018 6:04 am
Forum: Investing - Help with Personal Investments
Topic: Aren't we betting a bit too heavily on US stocks and bonds?
Replies: 34
Views: 2689

Re: Aren't we betting a bit too heavily on US stocks and bonds?

I feel I have to ask this. There is so much information on the internet with regard to investing, but most of the simple portfolios I've come across recommend that at least 60-80% of our portfolio consists of US securities. Why are we recommended not to diversify much in terms of countries in which...