Search found 1671 matches

by jhfenton
Mon Mar 06, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6294

Re: Did you buy SNAP?

SnapChat doesn't really offer anything that Facebook won't offer in the very near future but with larger network effects. My 14 year old loves snapchat, and has less than zero interest in facebook. Facebook is for 40 year olds. I don't see how snapchat will monetize their eyeballs, and in 8 years, ...
by jhfenton
Sat Mar 04, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: To move or not to move (employer sponsored HSA raising wrap fee)
Replies: 5
Views: 316

Re: To move or not to move (employer sponsored HSA raising wrap fee)

True. But I'd have to balance that with Saturna's calendar-year inactivity fee of $25. $12.50 if the account has only mutual funds. So make it one-time $15 vs $56 savings each and every year. That's what I'm afraid of. Thanks for the negative anecdote. That's more inspiration to stay put for a whil...
by jhfenton
Fri Mar 03, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: To move or not to move (employer sponsored HSA raising wrap fee)
Replies: 5
Views: 316

Re: To move or not to move (employer sponsored HSA raising wrap fee)

So I'm trying to decide whether the savings is worth the hassle to move my HSA and commit to a program of moving a year's worth of contributions each year. You don't have to move each year. After you build up $2,000 in the 5/3 HSA, you can invest the additional money as you do now. You are then bas...
by jhfenton
Fri Mar 03, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: To move or not to move (employer sponsored HSA raising wrap fee)
Replies: 5
Views: 316

To move or not to move (employer sponsored HSA raising wrap fee)

My employer-sponsored HSA at 5th/3rd Bank previously offered a horrible mix of mutual funds, with one bright spot: Vanguard 500 Index Admiral (VFIAX). The costs of the account are $2,000 kept in the FDIC-insured cash account, a $2/month investment fee charged to the cash account, and a 2.5 bp/quarte...
by jhfenton
Fri Mar 03, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 46
Views: 5062

Re: New Vanguard Emerging Market Bond Fund

Here is what I think is the Vanguard version - VGOVX https://personal.vanguard.com/us/funds/snapshot?FundId=1120&FundIntExt=INT That is not the Vanguard fund we were discussing. Those are the Investor shares of the existing Vanguard Emerging Markets Government Bond Index Fund. (Most folks own V...
by jhfenton
Fri Mar 03, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage only option at Vg?
Replies: 10
Views: 611

Re: Brokerage only option at Vg?

Yep, they have great telecom services http://www.fidelitycommunications.com/ But seriously, I think dodge is no 6. http://www.pionline.com/article/20161017/PRINT/161019925/vanguard-pads-lead-over-fidelity-as-largest-manager-of-dc-mutual-fund-assets That list was just for defined contribution plan a...
by jhfenton
Thu Mar 02, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Can't move money between Vanguard accounts?
Replies: 2
Views: 617

Re: Can't move money between Vanguard accounts?

CorradoJr wrote:Does this sound about right? I suppose once I upgrade my Roth IRA, I will then be able to move the funds?

Yes. If you upgrade the Roth IRA to the combined brokerage platform, you will be able to transfer money between accounts.
by jhfenton
Thu Mar 02, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Price of a used Honda Odyssey
Replies: 31
Views: 1618

Re: Price of a used Honda Odyssey

Casper wrote:I was only looking for EX-L, because of leather seats, power doors and liftgate, and some other necessary (for us) features.

The remote power doors and liftgate are worth every penny. So handy with small kids, groceries, bad weather, and the other complications of life.
by jhfenton
Thu Mar 02, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Price of a used Honda Odyssey
Replies: 31
Views: 1618

Re: Price of a used Honda Odyssey

I'm only in my late 20's, but I'm starting to feel old. As a kid, I stared out the window of my parent's minivan on trips <500 miles. On trips >500 miles, we brought a 10 inch tv and game system to hook up to the cigarette lighter. I can't imagine paying $10k-20k more to get extra equipment on a mi...
by jhfenton
Thu Mar 02, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Price of a used Honda Odyssey
Replies: 31
Views: 1618

Re: Price of a used Honda Odyssey

The LX model is the base. Most with kids prefer leather over cloth seats (kids spill a lot, feet on seat, wipe off). A DVD system for long road trips and small kids is pretty nice. The Sienna will be a bit roomier but drive a little larger. The Odyssey is still roomy but will drive a bit different ...
by jhfenton
Thu Mar 02, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Managed Mutual Fund for Index Fund, But Big Tax Hit
Replies: 10
Views: 727

Re: Selling Managed Mutual Fund for Index Fund, But Big Tax Hit

Do you avoid capital gains tax if you do a fund exchange within a fund family in a taxable account, or am I misunderstanding how you would save taxes? No. Exchanging between funds is a sale and does not avoid capital gains. I don't understand Mel's suggestion either. (A share class conversion, from...
by jhfenton
Thu Mar 02, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: New Smart TV without antenna or cable
Replies: 18
Views: 821

Re: New Smart TV without antenna or cable

The $399 was the 55" 4K Roku TV that I said we bought at Christmas. (And I've seen it at that price at Target in the last month.) Likely this model or perhaps this Walmart model I see it has a "HBO Now" icon -- if it were NOT connected via a provider box, can I logon via my Comcast a...
by jhfenton
Thu Mar 02, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: New Smart TV without antenna or cable
Replies: 18
Views: 821

Re: New Smart TV without antenna or cable

Like others have said, no smart TV will be as capable as an external streaming device - just make sure you buy a TV with several HDMI ports and at least one (or more) with HDCP 2.2 to future proof yourself for 4K. Apple TV is more/overpriced but most streaming devices, Roku, Chromecast, Amazon Fire...
by jhfenton
Thu Mar 02, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: New Smart TV without antenna or cable
Replies: 18
Views: 821

Re: New Smart TV without antenna or cable

Like others have said, no smart TV will be as capable as an external streaming device - just make sure you buy a TV with several HDMI ports and at least one (or more) with HDCP 2.2 to future proof yourself for 4K. Apple TV is more/overpriced but most streaming devices, Roku, Chromecast, Amazon Fire...
by jhfenton
Thu Mar 02, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: New Smart TV without antenna or cable
Replies: 18
Views: 821

Re: New Smart TV without antenna or cable

The TCL TVs with built-in Roku are at a nice price point, especially for a guest TV. We bought a 55" 4K TCL Roku set for $399 for Christmas, and it's been great. A 40" 1080p set would be a lot less than that. You can control the Roku TVs with the included Roku-style remote or (once it's co...
by jhfenton
Thu Mar 02, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: Is tilting with small cap and REIT still recommended if they are not available as index-funds?
Replies: 20
Views: 2048

Re: Is tilting with small cap and REIT still recommended if they are not available as index-funds?

Just to echo the general sentiment…I wouldn't pay anywhere 1.25% extra to tilt. I slice and dice and tilt, but it's with Vanguard funds at ERs ranging from 4 bp to 14 bp. At this point, I haven't seen any third-party ETFs (or accessible mutual funds) with tilts/factor exposures attractive enough to ...
by jhfenton
Thu Mar 02, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Schwab OneSource ETFs lower fees than admiral shares
Replies: 28
Views: 2019

Re: Schwab OneSource ETFs lower fees than admiral shares

Just for the record, according to their recently-released annual reports, the actual ERs on both VFIAX and VTSAX last year were 0.04%. It won't be reflected in the "official" ERs until the new prospectuses comes out in late April, but if you held VFIAX or VTSAX (or the ETFs) last year, you...
by jhfenton
Wed Mar 01, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: Market up but VTSAX down???
Replies: 21
Views: 2053

Re: Market up but VTSAX down???

FinancialDave wrote:How about a little longer term thinking:

12 months VTSAX 26+ %, Vanguard 500 ETF 23+%

Dave

Small caps have outperformed, so total market has outperformed slightly. Vanguard's small cap value is up 36% in the last year.
by jhfenton
Wed Mar 01, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 5796

Re: Vanguard Lousy Customer Service

I called Vanguard again today to convert mutual fund shares to ETF shares in two accounts, and I still haven't seen any long phone wait times. 1:20 PM ET Dialed number 1:21 Voice verification, IVR "ETF conversion" 1:22 Agreed to a call-back in 11 to 16 minutes 1:34 Received call back, voic...
by jhfenton
Wed Mar 01, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 114
Views: 11738

Re: The Wall Street Journal to close Google loophole entirely

Your objections sound to me like the IRS' objections to people correctly using tax code to minimize tax obligations . :beer I had exactly the same thought about that case. For what it's worth, I have a student subscription to the WSJ purchased while I was taking Mandarin at the local community coll...
by jhfenton
Wed Mar 01, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Automated Periodic Mutual Fund Buys
Replies: 2
Views: 149

Re: Automated Periodic Mutual Fund Buys

Vanguard offers a lot of flexibility in its automatic investment setup: 1. Every month, every year, every week, every two weeks, twice each month 2. Beginning on any arbitrary date (after the present day)] 3. Until either "I stop this plan" or a specified date 4. In any amount from $1.00 t...
by jhfenton
Wed Mar 01, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Bonds AND dividends down
Replies: 23
Views: 2531

Re: Bonds AND dividends down

As I said above, both for individual bonds and bond funds, distribution yield (average coupon yield) is distinct from YTM/SEC Yield. The YTM and SEC Yield take into account premiums and discounts in the bond prices that are amortized over the remaining life of the bond. The coupon is what the coupo...
by jhfenton
Wed Mar 01, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Bonds AND dividends down
Replies: 23
Views: 2531

Re: Bonds AND dividends down

As stock prices go up for a few months, dividends as a percentage of stock price drop a little, but it's just a math illusion. The actual dividends per share are reasonably insensitive to share prices... The OP is asking about bond fund dividends. If we look at VFITX, which is Vanguard's intermedia...
by jhfenton
Wed Mar 01, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: "Why ETFs Won't Replace Mutual Funds"
Replies: 45
Views: 3511

Re: Allan Roth: "Why ETFs Won't Replace Mutual Funds"

A while back, I wrote a post expressing concern that if someone gets into your account, they can sell your ETFs for close to nothing, thus wiping out your retirement funds with one click. They can't do that with mutual fund shares. Some posters said that was unlikely to happen, but I cannot say tha...
by jhfenton
Wed Mar 01, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Bonds AND dividends down
Replies: 23
Views: 2531

Re: Bonds AND dividends down

I thought bond yield was supposed to go up as bonds prices went down. So why are the dividends down about 15% the last few months on my Intermediate Term Index and IT Investment Grade Bond funds? A lot of the intermediate funds have had distribution yields higher than their SEC yields because so ma...
by jhfenton
Wed Mar 01, 2017 12:30 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: "Why ETFs Won't Replace Mutual Funds"
Replies: 45
Views: 3511

Re: Allan Roth: "Why ETFs Won't Replace Mutual Funds"

A while back, I wrote a post expressing concern that if someone gets into your account, they can sell your ETFs for close to nothing, thus wiping out your retirement funds with one click. They can't do that with mutual fund shares. Some posters said that was unlikely to happen, but I cannot say tha...
by jhfenton
Tue Feb 28, 2017 8:02 pm
Forum: Investing - Theory, News & General
Topic: Securities transaction fee
Replies: 12
Views: 538

Re: Securities transaction fee

Previous thread for your reading pleasure. https://www.bogleheads.org/forum/viewtopic.php?t=70715 Folks were remarkably confused in that thread. At the moment, the fee is $21.80 per million dollars of sale proceeds. That's $0.0218 per thousand dollars. https://www.sec.gov/news/pressrelease/2016-206...
by jhfenton
Mon Feb 27, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Buffett interview Monday 2/27
Replies: 38
Views: 4106

Re: Buffett interview Monday 2/27

I heard he is heavily invested in Apple Either he is very smart or I am really stupid From Annual Report Shares 61,242,652 Apple Inc. :mrgreen: Early in the show this morning, he revealed that number more than doubled in January. He said that it's more like 140 million shares, all purchased prior t...
by jhfenton
Sun Feb 26, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: VKQ Invesco Municipal Trust
Replies: 7
Views: 426

Re: VKQ Invesco Municipal Trust

It could literally be a long-term investment. The fund has been in existence since 1991. But to me, the long-term return isn't justified by the risk. It seems rather tame for its category, but I haven't seen a leveraged muni CEF that I find compelling. If you compare it to the muni I have a little m...
by jhfenton
Sun Feb 26, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: VKQ Invesco Municipal Trust
Replies: 7
Views: 426

Re: VKQ Invesco Municipal Trust

You won't find many closed-end fund fans on here. They are not low-cost, long-term investment vehicles (i.e. not very Bogleheady). I did take a quick look at VKQ on M*, and VKQ is indeed currently trading at a lower discount than it had for most of the last three years, but slightly higher than it h...
by jhfenton
Sun Feb 26, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2486

Re: Vanguard vs Schwab vs Zacks? Any experiences?

I have certainly heard of Zacks. They are a well-known investment research firm founded by Ben Zacks, a frequently flyer in the media. I've always considered them low-rent investment pornographers offering useless stock and mutual fund ratings. I am instantly doubtful with regard to any endeavor to ...
by jhfenton
Sun Feb 26, 2017 4:25 pm
Forum: Investing - Theory, News & General
Topic: Buffett interview Monday 2/27
Replies: 38
Views: 4106

Re: Buffett interview Monday 2/27

knpstr wrote:Post your questions to Facebook or Twitter using #AskWarren

I don't have Facebook or Twitter :annoyed

I'm sure one of us can loan you a Twitter if you want to ask a question. :beer

Or you can create a dummy Twitter account just for the purpose. They need not be personal like Facebook.
by jhfenton
Sun Feb 26, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2486

Re: Vanguard vs Schwab vs Zacks? Any experiences?

The original post strikes me as a commercial for Zacks with references to Schwab and Vanguard thrown in for plausibility.

And Vanguard PAS charges 0.30%, not 0.40%. Not all of other other numbers are accurate either.
by jhfenton
Sun Feb 26, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my bonds ratio
Replies: 9
Views: 556

Re: Please critique my bonds ratio

I would have zero bonds in your situation, so 15% is more than reasonable. Your future savings should dwarf your current portfolio. As your current assets become a significant portion of your total expected lifetime savings, then it's time to start dialing back. You'll get there, but you're not ther...
by jhfenton
Sun Feb 26, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Technical Analysis
Replies: 37
Views: 2093

Re: Technical Analysis

I'm watching for the inverse baby camel head and shoulders pattern accompanied by a cross above the 200-day moving average, and then I'm going to cash. It's a foolproof signal.
by jhfenton
Sat Feb 25, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Cost of bad ETF purchase fills: Betterment vs Vanguard ETF Portfolio
Replies: 2
Views: 4312

Re: Cost of bad ETF purchase fills: Betterment vs Vanguard ETF Portfolio

Possible counters to my argument: 1. I recall seeing recent research that suggests fills on odd/small are not bad. 2. In liquid markets, like that for VWO, this effect should be negligible. 3. My assumption of $8K being a small lot is wrong. 4. If there is an effect, the full bid-ask spread is too ...
by jhfenton
Fri Feb 24, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Market Bonds: Is there any reason to choose VGAVX over VWOB?
Replies: 1
Views: 120

Re: Emerging Market Bonds: Is there any reason to choose VGAVX over VWOB?

I would go with the ETF (VWOB) over the Admiral Shares (VGAVX). VWOB typically trades with a premium, but it's usually less than 75 bp, and since it's fairly consistent, you should get it back if/when you sell. Once you pay the 75 bp purchase fee, it's gone forever. And given the underlying assets, ...
by jhfenton
Fri Feb 24, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: VTIAX now has 0.11% ER [Vanguard Total Int'l Stock, Admiral Class]
Replies: 43
Views: 4595

Re: VTIAX now has 0.11% ER [Vanguard Total Int'l Stock, Admiral Class]

jrbdmb wrote:Alas, I'm still patiently waiting for an Admiral Shares class of this fund to open ...

Me too.
by jhfenton
Fri Feb 24, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: VTIAX now has 0.11% ER [Vanguard Total Int'l Stock, Admiral Class]
Replies: 43
Views: 4595

Re: VTIAX now has 0.11% ER [Vanguard Total Int'l Stock, Admiral Class]

As of today, VWO/VEMAX is officially at 0.14%, and VSS/VFSVX is @ 0.13%/0.27%.

VEA/VTMGX is at 0.07% according to the annual report, but it won't be official until the April prospectus comes out.
by jhfenton
Thu Feb 23, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: VTIAX now has 0.11% ER [Vanguard Total Int'l Stock, Admiral Class]
Replies: 43
Views: 4595

Re: VTIAX now has 0.11% ER

The ER for VTIAX (and I think all Vanguard funds) does not include transaction costs so the actual expense is higher than the ER. Not sure about funds from Fido and iShares. None of them include trading costs in the expense ratio. That's not part of the definition. Neither do they get to include se...
by jhfenton
Thu Feb 23, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard versus Dimensional
Replies: 22
Views: 2178

Re: Vanguard versus Dimensional

I don't want an advisor. I don't need an advisor. Therefore DFA doesn't want my money. That's fine. That's their business. I'm not their target customer. (Though I should be.) When DFA makes their funds available without an advisor (or they show up in my 401(k)), then I'll consider them. Until that...
by jhfenton
Thu Feb 23, 2017 8:24 am
Forum: Investing - Theory, News & General
Topic: VTIAX now has 0.11% ER [Vanguard Total Int'l Stock, Admiral Class]
Replies: 43
Views: 4595

Re: VTIAX now has 0.11% ER

Blueskies123 wrote:IXUS has had .11% for a while, they are late to the game.

Well, since Vanguard reports expense ratios in arrears, this means that VTIAX was actually at 0.11% ER last year.
by jhfenton
Wed Feb 22, 2017 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 29
Views: 1649

Re: Open vanguard CD Order

I was not aware that "brokered" CD's did not compound interest. Is this true whether new issue or secondary also through the brokerages? Brokered CDs pay interest out in cash, usually semi-annually, but sometimes quarterly or monthly. They are essentially just bonds, issued by banks, with...
by jhfenton
Wed Feb 22, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard versus Dimensional
Replies: 22
Views: 2178

Re: Vanguard versus Dimensional

I don't want an advisor. I don't need an advisor. Therefore DFA doesn't want my money. That's fine. That's their business. I'm not their target customer. (Though I should be.) When DFA makes their funds available without an advisor (or they show up in my 401(k)), then I'll consider them. Until that ...
by jhfenton
Wed Feb 22, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX vs VBTLX [Vanguard Intermediate-Term vs. Total Bond]
Replies: 49
Views: 4822

Re: VBILX vs VBTLX [Vanguard Intermediate-Term vs. Total Bond]

And the last three posts touch on the reasons I own Intermediate Government Bond Index and Short-Term Corporate Bond Index. I'm just not a fan of the higgledy-piggledy commingled bond funds. From 6/1/08 to 11/1/08, Vanguard Intermediate Treasury was up 1.7%. That's good for rebalancing. (Intermediat...
by jhfenton
Wed Feb 22, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 29
Views: 1649

Re: Open vanguard CD Order

Sometimes there are better deals in the secondary market and sometimes not. I usually buy new issues. A common problem with secondary market CDs is that they are often sold above "par" and only the "par" is FDIC insured. In my experience there are always better deals in the seco...
by jhfenton
Wed Feb 22, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple Bond Funds?
Replies: 8
Views: 477

Re: Multiple Bond Funds?

I've never quite liked what I've seen of the overlapping VPAS bond recommendations. I split my bonds up into VSIGX (Intermediate Government Bond Index), VSCSX (Short-Term Corporate Bond Index), and VOHIX (Vanguard Ohio Long-Term Tax Exempt), but there's a reason for doing so and there's zero overlap...
by jhfenton
Wed Feb 22, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 29
Views: 1649

Re: Open vanguard CD Order

So I assume from the subsequent posts that you must be buying new issue CDs? Secondary CDs should still fill promptly, because otherwise the offer may not be there. I've never purchased a new issue CD. I'm specifically not buying large round numbers, so there are always better deals in the secondary...
by jhfenton
Wed Feb 22, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 4885

Re: Does anyone else have (possibly too much) fun dealing with finances?

Freshman year of college I planned out four years of classes as a math/physics major. Senior year I was even going to take a graduate course in the Philosophic Issues of Quantum Mechanics. My running and race schedule is planned out in a complicated spreadsheet up to two years into the future. And m...
by jhfenton
Wed Feb 22, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 29
Views: 1649

Re: Open vanguard CD Order

Ágreed. In my experience (40+ CD orders), they've always been filled or rejected within a few minutes. (The rejected orders were ones in which the CDs on offer were bought by someone else while I was placing the order.)

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