Search found 256 matches

by NYCwriter
Sat Dec 19, 2015 12:51 pm
Forum: Personal Investments
Topic: Question on ETF's vs Mutual Funds
Replies: 14
Views: 1199

Re: Question on ETF's vs Mutual Funds

My core funds are Admiral funds and I have a few non-core ETFs. I always place limit orders for the ETFs. These are good-to-cancel and I've never had trouble getting filled within a day or so. Reasonable limits just prevent unexpected surprises (a surge in price) and work toward the lower end of pri...
by NYCwriter
Sat Dec 19, 2015 12:26 pm
Forum: Personal Investments
Topic: Large Stock Market Decline Today - What's going on?
Replies: 46
Views: 5740

Re: Large Stock Market Decline Today - What's going on?

This was overall a good year for me. Investment returns wise it is a different story. OP, I don't think your numbers are correct. Most of my funds dropped between 1.5 and 2.3% today and there may have been some distributions mixed into that. All these recent market declines are just what's known as...
by NYCwriter
Sat Dec 19, 2015 10:02 am
Forum: Personal Investments
Topic: Large Stock Market Decline Today - What's going on?
Replies: 46
Views: 5740

Re: Large Stock Market Decline Today - What's going on?

I attributed it to: 1. 3rd Friday effect (Expirations) 2. Interest Rate voodoo-volatility 3. Fund managers dumping crap before investors see how the crappy sausage was made 4. Jill-come-lately tax-loss harvesting to wrap up a bad year The big upswing on Thursday makes it look worse. I added to my ho...
by NYCwriter
Wed Dec 09, 2015 2:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard in WSJ: Bond Funds and Interest Rates
Replies: 1
Views: 950

Vanguard in WSJ: Bond Funds and Interest Rates

What Happens to Your Bond Fund When Interest Rates Rise
Yes, bond prices will likely fall when the Federal Reserve raises rates. But bond-fund holders will still end up with higher returns over time.

http://www.wsj.com/articles/what-happen ... 1449057601
by NYCwriter
Mon Dec 07, 2015 8:41 pm
Forum: Personal Investments
Topic: best way to save for a vacation?
Replies: 3
Views: 885

Re: best way to save for a vacation?

Can't comment on funds, although many investing strategies adhere to a 5-7 year timeframe. Off the wall? I can help with that. Create a "sin jar" and budget a reduction in your vices--surely you have something, drinking/smoking/shopping/starbucks lattes/restaurants/takeout--and drop the difference i...
by NYCwriter
Mon Dec 07, 2015 8:10 pm
Forum: Investing - Theory, News & General
Topic: Barron's article on BND
Replies: 19
Views: 2935

Re: Barron's

drjazz: I remember when the cover of Barron's had one huge headline: "BUY GM." Within a year GM went bankrupt. Read Barron's at your own risk. Best wishes. Taylor Interesting comment. Don't mean to pick on Barron's, they are no better or worse than other mainline investment publications. Which mean...
by NYCwriter
Mon Dec 07, 2015 7:59 pm
Forum: Investing - Theory, News & General
Topic: Barron's article on BND
Replies: 19
Views: 2935

Re: Barron's article on BND

I own lots of BND and VBTLX. Certainly, BND is more volatile intraday and it dropped about 0.8% on 12/3 which I thought was a buying opportunity, so I bought more shares. The next day, BND was up 0.4%. But BND was up unexpectedly to me on 12/1, so the drop on 12/3 was not really unexpected. Are the...
by NYCwriter
Mon Dec 07, 2015 4:10 pm
Forum: Investing - Theory, News & General
Topic: Barron's article on BND
Replies: 19
Views: 2935

Re: Barron's article on BND

I own lots of BND and VBTLX. Certainly, BND is more volatile intraday and it dropped about 0.8% on 12/3 which I thought was a buying opportunity, so I bought more shares. The next day, BND was up 0.4%. But BND was up unexpectedly to me on 12/1, so the drop on 12/3 was not really unexpected. Are the...
by NYCwriter
Mon Dec 07, 2015 3:54 pm
Forum: Investing - Theory, News & General
Topic: Problems sending Secure Messages on Vanguard's web site
Replies: 3
Views: 752

Re: Problems sending Secure Messages on Vanguard's web site

A VG rep told me more than two months ago that the company was having message issues. So, it seems this is an ongoing problem.
by NYCwriter
Sat Dec 05, 2015 4:15 pm
Forum: Personal Investments
Topic: Life Strategy vs VWIAX [Vanguard Wellesley Income]
Replies: 19
Views: 5578

Re: Life Strategy vs VWIAX [Vanguard Wellesley Income]

Aren't the LS funds just flexible, strength-flavored versions of Target funds, but without the self-rebalancing? I suspect Int'l bonds are considered a default part of diversification for a 4-fund-in-one. I still have LS Moderate in my Roth from when I set it up and it's very similar to Target Date ...
by NYCwriter
Sat Dec 05, 2015 12:50 pm
Forum: Personal Investments
Topic: Wealthfront portfolio- Municipal Bonds (MUB) & Natural Resources(XLE)
Replies: 3
Views: 1017

Re: Wealthfront portfolio- Municipal Bonds (MUB) & Natural Resources(XLE)

I know this thread is a couple of weeks old, but I also just tried Wealthfront's absurdly simple questionnaire out of curiosity.... ....and got the exact same results as you. Hm. I already use Vanguard for my funds and don't have to pay extra for advisement. WF's questionnaire was not persuasive for...
by NYCwriter
Thu Dec 03, 2015 11:59 am
Forum: Investing - Theory, News & General
Topic: To Tilt or Not to Tilt - Rick Ferri's Latest
Replies: 88
Views: 13702

Re: To Tilt or Not to Tilt - Rick Ferri's Latest

"A lot of times, when people come to us, they're not 100% sure of the costs that are there," he said of ETFs. "Commission can be one of the more easy-to-see costs than an expense ratio." Rick Ferri, founder of Portfolio Solutions, said that he has used commission-free ETFs only sparingly. His firm ...
by NYCwriter
Thu Dec 03, 2015 11:35 am
Forum: Investing - Theory, News & General
Topic: Yahoo, a sad story and a good reason not to buy single stocks
Replies: 14
Views: 4820

Re: Yahoo, a sad story and a good reason not to buy single stocks

Yahoo was indestructible when I started toying with the Internet. A sad story and a good reason not to buy single stocks. Watch the excellent video, short but to the point. http://www.wsj.com/articles/yahoo-board-to-weigh-potential-sale-of-internet-business-sources-say-1449015461 I cant see the vid...
by NYCwriter
Thu Dec 03, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: Bloomberg Article [Vanguard’s Gain Is Wall Street’s Pain]
Replies: 30
Views: 3975

Re: Vanguard crushing Wall Street......

From the Bloomberg article: "Right now, passive products, such as index funds and ETFs, have about 30 percent of the $16 trillion in total investor assets, compared with active products, which still have 70 percent. If the balance of power were to shift firmly in passive's favor, one might expect ex...
by NYCwriter
Wed Dec 02, 2015 10:53 pm
Forum: Investing - Theory, News & General
Topic: VBILX vs VBTLX for 3 fund portfolio
Replies: 21
Views: 7451

Re: VBILX vs VBTLX for 3 fund portfolio

I think Bogle prefers VBILX? I hold Total Bond, and smaller Short Term Investment Grade and NY Muni bond funds. These are all in my taxable, as my retirement vehicles don't have enough room yet. I am not in a high tax bracket and probably don't need a muni, but it saves a bit on NYC taxes and balanc...
by NYCwriter
Sun Nov 29, 2015 10:39 pm
Forum: Personal Investments
Topic: Are individual stocks really a bad idea?
Replies: 55
Views: 10255

Re: Are individual stocks really a bad idea?

There's nothing wrong with holding individual stocks. I usually have about 15-20, and these are long holdings that have value and most pay dividends. I also have funds. However, you're too heavily concentrated. Here's why: my basket includes BBY and QCOM. Both are highly rated, just as yours are. Ye...
by NYCwriter
Sat Nov 28, 2015 2:16 am
Forum: Investing - Theory, News & General
Topic: Do any of you use Total Market and a CD for a 50/50 portfolio?
Replies: 20
Views: 4166

Re: Do any of you use Total Market and a CD for a 50/50 portfolio?

I have a chunk of cash in a set of high-yield Bank CDs. I also have Total Bond Admiral, Short Term Investment Grade, and a NY Muni. Bank CDs carry all the usual caveats about bank rights regarding withdrawal, but I don't get the strident defense of holding bonds versus CDs. I don't view bonds as a s...
by NYCwriter
Wed Nov 25, 2015 1:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 153
Views: 29765

Re: Vanguard Partnering with Yodlee

<snip...> It doesn't seem like Fidelity's Full View offers total asset allocation calculation, however. Unless I'm missing something? It does make it easy to pull all info automatically. But I have been using Morningstar x-ray for holdings, spreadsheets for asset calculatioin, and free Personal Cap...
by NYCwriter
Tue Nov 24, 2015 10:30 pm
Forum: Investing - Theory, News & General
Topic: Does being a Boglehead make you want a career in finance?
Replies: 43
Views: 7046

Re: Does being a Boglehead make you want a career in finance?

The opposite. It makes me more skeptical of people with careers in finance :)
by NYCwriter
Tue Nov 24, 2015 10:15 pm
Forum: Personal Investments
Topic: I have 15% in my 401(k). Coworker in Retirement Planning said that's 10% too much.
Replies: 59
Views: 11013

Re: I have 15% in my 401(k). Coworker in Retirement Planning said that's 10% too much.

In the good old days, which applies to me, the rule was sort of that Social Security would pay 1/3, your company pension would pay 1/3, and your own savings would cover the remaining 1/3. I don't know many (perhaps any) people who have a pension who also saved 15% of their income for retirement. Bu...
by NYCwriter
Tue Nov 24, 2015 9:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 153
Views: 29765

Re: Vanguard Partnering with Yodlee

Haven't even seen this feature on my account, but after reading the above I won't use it. It's too bad VG doesn't have a decent system for counting outside assets. The existing (previous) feature was so limited it was pointless. I'm about to transfer my non-VG assets from TD to Fidelity. It doesn't ...
by NYCwriter
Tue Nov 24, 2015 9:49 pm
Forum: Investing - Theory, News & General
Topic: Robinhood - opinions
Replies: 39
Views: 8461

Re: Robinhood - opinions

I've been hearing a lot about it. It's designed for millenials -- this is a good and a bad thing, but for many I think it'll encourage trading for a group that is somewhat disadvantaged economically (bad). If it allows setting up some ETFS, that's the good part. A brokerage is just an instrument, it...
by NYCwriter
Mon Nov 23, 2015 12:39 pm
Forum: Personal Investments
Topic: Discouraged =( [Lost money in IRA target fund]
Replies: 66
Views: 8447

Re: Discouraged =( [Lost money in IRA target fund]

My accounts are down also. Hurt to see that rewind on my Roth. Hurt to look at VXUS in my taxable. A little anxiety in familiarizing myself with tax loss harvesting.

On the plus side, what I bought in late August and in late September looks good.....

That's how it works.
by NYCwriter
Sat Nov 14, 2015 9:46 pm
Forum: Personal Investments
Topic: Age 53 / Pay Off Student Loans with Inheritance?
Replies: 50
Views: 7918

Re: Age 53 / Pay Off Student Loans with Inheritance?

If you work in a public service field (public higher education, anything related to public service) you may be eligible for a public service waiver with 10 years of regular income-based repayments. If you qualify for other waivers or reductions (veteran, peace corp) look into that. If the above do ...
by NYCwriter
Sat Nov 14, 2015 9:20 pm
Forum: Investing - Theory, News & General
Topic: "Play the Odds When Investing"
Replies: 23
Views: 4707

Re: "Play the Odds When Investing"

Does this really challenge any conventional wisdom at present? The only active fund I hold is Vanguard Dividend Growth, which I put into my Roth. I winced at the .32% expense--I'm a cheap Vanguardian, obviously. I wouldn't have chosen it in the last couple of years since it trails the SP500 slightly...
by NYCwriter
Sat Nov 14, 2015 8:50 pm
Forum: Investing - Theory, News & General
Topic: "Why Have TIPS Been Such Poor Performers?"
Replies: 13
Views: 2971

Re: "Why Have TIPS Been Such Poor Performers?"

They're a protective instrument against something that hasn't existed for a while?

I don't have any, but might add them in the environment for which they are designed.
by NYCwriter
Sat Nov 14, 2015 8:48 pm
Forum: Personal Investments
Topic: Age 53 / Pay Off Student Loans with Inheritance?
Replies: 50
Views: 7918

Re: Age 53 / Pay Off Student Loans with Inheritance?

Also, thanks to those who point out that taking advantage of opportunities or options is not gaming the system. For pete's sakes, I'm teaching the future of America--they're brilliant, btw--and haven't had a new contract or pay raise in 5 years. I accept it as the price of doing what I love and work...
by NYCwriter
Sat Nov 14, 2015 8:40 pm
Forum: Personal Investments
Topic: Age 53 / Pay Off Student Loans with Inheritance?
Replies: 50
Views: 7918

Re: Age 53 / Pay Off Student Loans with Inheritance?

If you work in a public service field (public higher education, anything related to public service) you may be eligible for a public service waiver with 10 years of regular income-based repayments. If you qualify for other waivers or reductions (veteran, peace corp) look into that. If the above do n...
by NYCwriter
Sat Nov 14, 2015 12:30 pm
Forum: Personal Investments
Topic: Question about my fund investments.
Replies: 4
Views: 601

Re: Question about my fund investments.

I had my first fund set up as a balanced fund. I just changed the target date to fit my allocation preference. I think the LIfestrategy funds are designed to provide some flexibility, but I'm not sure there's a huge difference. Not everyone is a fan of Vanguard's target funds. The naysayers tend to ...
by NYCwriter
Thu Nov 12, 2015 12:46 am
Forum: Investing - Theory, News & General
Topic: Suggested Best Practices During A Rising Interest Rate Environment
Replies: 59
Views: 10239

Re: Suggested Best Practices During A Rising Interest Rate Environment

I also recommend reading this: http://www.forbes.com/sites/mikepatton/2014/07/21/vanguards-chief-economist-says-bond-investors-should-adjust-expectations/ I do plan on getting out of my Total Bond. I have a Short Term Investment fund and no reason to change anything there, plus a big chunk in high-y...
by NYCwriter
Thu Nov 12, 2015 12:07 am
Forum: Investing - Theory, News & General
Topic: iShares cutting core ETF expenses, launching international bond ETF
Replies: 36
Views: 4843

Re: iShares cutting core ETF expenses, launching international bond ETF

.02 vs .05 is trivial for most. Wish the real costs were available to include bid-ask spreads, tracking error, etc. Wonder if Vanguard is the winner in this regard? A free scwab total market may still be more expensive to own than Vanguards at .05. I don't see people moving over just for that. I th...
by NYCwriter
Wed Nov 11, 2015 10:01 pm
Forum: Investing - Theory, News & General
Topic: iShares cutting core ETF expenses, launching international bond ETF
Replies: 36
Views: 4843

Re: iShares cutting core ETF expenses, launching international bond ETF

Re: Do you think Vanguard will get the scissors out...? I'm not sure if this is what you meant, but believe that they are working on it: http://www.philly.com/philly/columnists/joseph-distefano/20151025_Vanguard_and_the_new_federal_overtime_rules.html I was talking about expense ratios, but ... ouc...
by NYCwriter
Wed Nov 11, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: "The only funds you need in your portfolio now"
Replies: 31
Views: 7894

Re: "The only funds you need in your portfolio now"

This guy got paid to write that CNN Money column? Ok.

But it's CNN, so....
by NYCwriter
Wed Nov 11, 2015 2:45 pm
Forum: Investing - Theory, News & General
Topic: iShares cutting core ETF expenses, launching international bond ETF
Replies: 36
Views: 4843

Re: iShares cutting core ETF expenses, launching international bond ETF

Do you think Vanguard will get the scissors out, now that Schwab has cut expenses for its mysterious reasons? :)
by NYCwriter
Wed Nov 11, 2015 2:43 pm
Forum: Investing - Theory, News & General
Topic: iShares cutting core ETF expenses, launching international bond ETF
Replies: 36
Views: 4843

Re: iShares cutting core ETF expenses, launching international bond ETF

I'm planning to move my old TD individual holdings and muni to Fidelity. I haven't felt the need to make any changes to my VG funds. However, my core funds are Admiral funds + Small Cap (.09%) and REIT. It looks like the above new ETFs are designed for new investors? .02% difference for Total fund? ...
by NYCwriter
Wed Nov 11, 2015 2:19 pm
Forum: Personal Investments
Topic: Critique my windfall management?
Replies: 12
Views: 1968

Re: Critique my windfall management?

I should add that it's a good idea to sit down and write out a rough plan. Short-term and long-term. Start with the ideas first, then you get to where you can start creating smaller categories (budget/income, home improvements). I found myself getting a bit overwhelmed with second-guessing (this or ...
by NYCwriter
Wed Nov 11, 2015 1:34 am
Forum: Personal Investments
Topic: Portfolio Review: any red flags or constructive criticism?
Replies: 17
Views: 2615

Re: Portfolio Review: any red flags or constructive criticism?

Sounds like you're doing everything right. You have a nice spread for your age group. I know people in their 30s in grad school who would throw stuff at you (heavy books, mostly) for saying you think you're behind the curve. :) 15K to 200K in 5 years is pretty good. Get the high interest debt out th...
by NYCwriter
Wed Nov 11, 2015 1:14 am
Forum: Personal Investments
Topic: Buy Ladder CD's or wait
Replies: 22
Views: 3221

Re: Buy Ladder CD's or wait

Instead of laddered CDs of 1-5 years, I went with a small set of 4-5 year bank CDs on a 2-2.25% high-yield offer. Doing the math, I calculated I could break one at after a year and come out ahead of a 1-year rate with the 6 month penalty (more than 1% return as opposed to the low-ball 1 year rate). ...
by NYCwriter
Wed Nov 11, 2015 1:06 am
Forum: Personal Investments
Topic: Buy Ladder CD's or wait
Replies: 22
Views: 3221

Re: Buy Ladder CD's or wait

duplicate post, sorry. Bogleheads is acting weird today.
by NYCwriter
Wed Nov 11, 2015 12:52 am
Forum: Personal Investments
Topic: Critique my windfall management?
Replies: 12
Views: 1968

Re: Critique my windfall management?

Hi, I can't tell you what works for you, but I did go through a similar situation some years ago. My windfall was a lot less than yours, but it still changed things. I'm a teacher and was a graduate student for far too long, so I have long lived somewhat frugally by necessity and it was a big deal f...
by NYCwriter
Mon Nov 09, 2015 12:07 pm
Forum: Personal Investments
Topic: Total Stock Market vs. Basket of Stocks
Replies: 13
Views: 2177

Re: Total Stock Market vs. Basket of Stocks

I have about 25 individual holdings. I had a tiny stock bucket at TD and a lot of free trades I never used. After the Aug and Sept lows I added to it. My funds are all with Vanguard. I'm a lecturer/writer, so this year with my tax bracket I had room to realize some gains with an amount offset by any...
by NYCwriter
Thu Nov 05, 2015 12:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Founder’s Son Tries To Beat the Market
Replies: 33
Views: 6716

Re: Vanguard Founder’s Son Tries To Beat the Market

I'd have more respect for someone trying to capitalize on the Bogle name if he at least adhered a bit to what made Bogle exceptional. Lower fees, for starters.

The "drift" is the only Vanguard-like thing about it.
by NYCwriter
Thu Nov 05, 2015 12:32 pm
Forum: Investing - Theory, News & General
Topic: Buy on Dip/Sell on Rise
Replies: 87
Views: 7406

Re: Buy on Dip/Sell on Rise

I've done this with my little stock bucket. The August and September fire sales were an opportunity to add more than I usually do. With my funds, I might add a bit more if I see that the price is down, but timing fund contributions feels speculative and pointless--waiting may end up costing me an op...
by NYCwriter
Thu Nov 05, 2015 12:27 pm
Forum: Personal Investments
Topic: Thinking of closing out stock portion of portfolio
Replies: 11
Views: 1998

Re: Thinking of closing out stock portion of portfolio

Charitable donations can be an option, as is gifting. This may not be what OP wants to do with his money, but a good accountant might be able to calculate how to offset the hits with deductions.

Postponing benefits and liquidating gradually will also help.
by NYCwriter
Tue Nov 03, 2015 10:09 am
Forum: Personal Investments
Topic: how to buy thePRIMECAP Odyssey Growth fund
Replies: 7
Views: 1902

Re: how to buy thePRIMECAP Odyssey Growth fund

POGRX is listed as open...the only one. It's not managed by VG though.
by NYCwriter
Mon Nov 02, 2015 8:47 pm
Forum: Investing - Theory, News & General
Topic: CNBC: Is Stock Picking Back?
Replies: 41
Views: 5238

Re: CNBC: Is Stock Picking Back?

The higher the dividend, the lower the bottom? I find it strange that dividends are viewed as superior, or the fast ticket to early retirement. I'm a college lecturer/writer, and in a low tax bracket. My taxable account has the 3 core funds. The dividend fund is for my Roth. The other half is LIfest...
by NYCwriter
Mon Nov 02, 2015 3:12 pm
Forum: Personal Investments
Topic: Have around 200K in bank account + need advise on investing
Replies: 8
Views: 3944

Re: Have around 200K in bank account + need advise on investing

An online high yield savings account like Ally or Capital One beats current 1 year CD yields. You can find calculators to determine whether breaking a 5-year high APY CD (2.25% is the high mark right now) will still earn you more than just a 3-year CD. Better options are short term Jumbo CDs or liqu...
by NYCwriter
Mon Nov 02, 2015 2:28 pm
Forum: Personal Investments
Topic: how to buy thePRIMECAP Odyssey Growth fund
Replies: 7
Views: 1902

Re: how to buy thePRIMECAP Odyssey Growth fund

Odysseyfunds.com? All the info on them is there. EDIT: It's available through Vanguard -- use the symbol in search (POGRX) rather than "primecap" to bring it up.

Can't comment on whether it's good since I don't hold it.
by NYCwriter
Mon Nov 02, 2015 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards Do You Have?
Replies: 91
Views: 20933

Re: How Many Credit Cards Do You Have?

Wow, my head spinneth. people have 30 cards? I have three + a store card Amex BlueCash - groceries only, same budget every month and paid off every month CpaitalOne Quicksilver Rewards - general purchases. Not the best reward but they gave me a hefty cash bonus CapitalOne Platinum - Partially pre-pa...
by NYCwriter
Mon Nov 02, 2015 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $300 bonus for opening account
Replies: 64
Views: 21433

Re: Chase $300 bonus for opening account

I also received a hefty bonus from CapitalOne360 Savings, where I have my CDs. Not the best savings yield, but convenient and I like that it's easy to create separate accounts for different goals. Thinking of setting up an account at Barclay's down the line for the higher interest and extra monthly ...