Search found 2587 matches

by pingo
Thu Feb 18, 2016 2:03 pm
Forum: Investing - Theory, News & General
Topic: One sentence financial rule
Replies: 22
Views: 3752

Re: One sentence financial rule

The link takes us to a source with great advice which, if applied to that source, strongly advises avoiding advice from said source.
by pingo
Tue Feb 16, 2016 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help with first time portfolio balancing
Replies: 19
Views: 2464

Re: Help with first time portfolio balancing

Welcome to Bogleheads! :D Age: 27 Desired Asset allocation: 95% stocks / 5% bonds Desired International allocation: 20-25% of stocks Some food for thought: 95% stocks is high at any age. It is an extremely aggressive portfolio. Even moreso, if you end up tilting to small caps. How would you feel abo...
by pingo
Thu Feb 04, 2016 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help Pick 401k Funds
Replies: 2
Views: 313

Re: Help Pick 401k Funds

+1

'Nuff said.
by pingo
Thu Jan 28, 2016 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Please review after 10 years investing
Replies: 12
Views: 1990

Re: Please review after 10 years investing

You're doing great. Here's some food for thought. You only list an IRA, so I'll assume that's all your entire investment portfolio. You're broad asset allocation is: * 40% Stocks / 60% Bonds * One idea is to consolidate the enitre IRA into Vanguard's LifeStrategy Conservative Growth Fund (VSCGX) ER ...
by pingo
Sun Jan 24, 2016 10:59 am
Forum: Investing - Help with Personal Investments
Topic: 30 YO with 100K looking for investment advise - and a Shocking Chart
Replies: 25
Views: 2897

Re: 30 YO with 100K looking for investment advise - and a Shocking Chart

^ And I'll add Laura's Investment Planning Overview to the lot, even though saltycaper already nailed it with the "Getting Started" and "Bogleheads investing start-up kit", etc. links, which would lead to the overview.

:thumbsup
by pingo
Sun Jan 24, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: 35 yoa Portfolio and 401k Assessment
Replies: 8
Views: 1445

Re: 35 yoa Portfolio and 401k Assessment

Desired Asset allocation: 85% stocks / 15% bonds Desired International allocation: 15% of stocks <--15% of stocks is on the low side. Is there any special reason your desire for international stocks is low? At first glance, it seems a little at odds with your high stock allocation and later stateme...
by pingo
Sun Jan 24, 2016 1:21 am
Forum: Investing - Help with Personal Investments
Topic: 30 YO with 100K looking for investment advise - and a Shocking Chart
Replies: 25
Views: 2897

Re: 30 YO with 100K looking for investment advise - and a Shocking Chart

[...]I made what I made based on my own research, DCAing religiously and staying disciplined. A better comparison would be to look at what returns the S&P 500 would have given you had you been DCA-ing in the same way over the period you've been investing. Your initial comparison compared lump sum i...
by pingo
Wed Jan 13, 2016 12:43 am
Forum: Investing - Help with Personal Investments
Topic: Advice on how to invest $5000 each month
Replies: 15
Views: 2969

Re: Advice on how to invest $5000 each month

Are you making Roth IRA contributions, too? (Whether direct Roth IRA contributions or Backdoor Roth IRA contributions ? If not, here's tfb's complete how-to .) Have you also looked into what tfb calls The Elusively Mega Backdoor Roth , promoted around here as The Mega Backdoor Roth available through...
by pingo
Wed Jan 06, 2016 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup
Replies: 2
Views: 630

Re: Portfolio Checkup

Edited. How am I doing? Great! You can't do much better in terms of the big picture. Congratulations are in order! Your portfolio's weighted expense ratio is 0.08%. Your current asset allocation is 74% stocks and 26% bonds and cash with 48% of stocks in foreign markets. (36% of the portfolio .) Man...
by pingo
Sun Jan 03, 2016 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate AA for retiree (specifically international stock)
Replies: 17
Views: 2055

Re: Appropriate AA for retiree (specifically international stock)

HMM maybe one of the life path funds is simpler. BlackRock's LifePath funds are fine if they are the low cost index-based version sometimes available in 401k's (not available to retail investors)…unless you were referring to LifeStrategy funds? If all accounts are tax-sheltered (IRAs, 401ks, etc.) ...
by pingo
Sun Jan 03, 2016 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate AA for retiree (specifically international stock)
Replies: 17
Views: 2055

Re: Appropriate AA for retiree (specifically international stock)

20% of the portfolio would be 40% of stocks. (20/50=0.40) That's a fine amount. It's actually my preference and Vanguard's, but I'm 25 years from retirement. If they were considering an all-in-one fund such a balanced fund, target/lifecycle fund, or "LifeStrategy" fund, the simplicity is worth that ...
by pingo
Thu Dec 24, 2015 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

MEIAX

MFS Value Fund (MEIAX) appears also to have had one shining moment either at the tail end of its incubation period or immediately after. Otherwise, we see that it has offered no advantage over an index fund: MFS Value Fund - Class A (MEIAX) ER 0.86% Load 5.75% Vanguard Value Index Fund - Investor Sh...
by pingo
Thu Dec 24, 2015 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

EMGAX

Except for one shining moment during what looks to be the fund's incubation period (when a firm only uses its own seed money to test the waters), the Wells Fargo Emerging Markets Equity Fund (EMGAX) has not distinguished itself from an index fund: Wells Fargo Emerging Markets Equity Fund - Class A (...
by pingo
Wed Dec 23, 2015 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

CSLGX

Edits and corrections. What the--? It appears that all the "Active Portfolios Multi-Manager" funds are less than 4 years old. The Growth iteration (CSLGX) is no exception. Something smells of...oooooooh, now I see... A couple years ago, I went to Morningstar.com to look at Ameriprise Funds. [...] C...
by pingo
Wed Dec 23, 2015 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: CSCEX

Active Portfolios Multi-Manager Small Cap Equity Fund - A Shares (CSCEX) is not even 4 years old, either, so it's the same deal as above. In this case I see that Morningstar.com lists CSCEX as a small cap growth fund. I see that M* lists the Vanguard Small Cap Index Fund (NAESX) as a blend fund (and...
by pingo
Wed Dec 23, 2015 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

CDEIX

Active Portfolios Multi-Manager Value Fund - A Class (CDEIX) is not even 4 years old. Such a short time period doesn't give us much (if anything) to work with, but let's do this just to say we did. What's worse is that I have to round out to the next whole year to calculate returns via Investopeia's...
by pingo
Wed Dec 23, 2015 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: Helping my parents see the light with Ameriprise

It took me a while for the following to sink in. The good news is that the funds are all in tax advantage accounts and are A class no-load. Although [dad] is starting to question things - why does advisor have me in so many different funds, why was I told no-load, etc. It is possible that the loads...
by pingo
Tue Dec 22, 2015 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

CMCPX

The Active Portfolio Multi-Manager Core Bond Fund (CMCPX) is 3 years 8 months old, so I'll chart the last 3 years, for what it's worth: Active Portfolio Multi-Manager Core Bond Fund - Class A (CMCPX) ER 0.80% <--No load! Woohoo! Vanguard Total Bond Market Index Fund - Investor (VBMFX) ER 0.20% Vangu...
by pingo
Tue Dec 22, 2015 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

BASIX & JSOAX

The BlackRock Strategic Income Opportunities Portfolio Investor A Shares (BASIX) and JPMorgan Strategic Income Opportunities Fund Class A Shares (JSOAX) have roughly the same short lifespan so I'll group them: BlackRock Strategic Income Opportunities Portfolio Investor A Shares (BASIX) ER 0.90 Load ...
by pingo
Tue Dec 22, 2015 5:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to Launch Active "Core" Total Bond Fund
Replies: 49
Views: 8890

Re: Vanguard to Launch Active "Core" Total Bond Fund

Here's my prediction: Vanguard Intermediate-Term Bond Index Fund Vanguard Core Bond Fund Vanguard Total Bond Market Index Fund http://i64.tinypic.com/2echpnm.jpg In other words, Vanguard Core Bond will probably rest right in the middle in terms of performance. The three will be highly correlated wit...
by pingo
Tue Dec 22, 2015 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

COSIX

A strategic income fund is meant to be a one-stop shop for simpler fixed income investing as it invests flexibly in several bonds classes at once (a "multi-sector" fund), e.g. high yield, investment grade, corporates, convertibles etc., etc. so one doesn't have to have several bond funds. Of course,...
by pingo
Thu Dec 17, 2015 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: Helping my parents see the light with Ameriprise

It took me a while for the following to sink in. The good news is that the funds are all in tax advantage accounts and are A class no-load. Although [dad] is starting to question things - why does advisor have me in so many different funds, why was I told no-load, etc. It is possible that the loads ...
by pingo
Wed Dec 16, 2015 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

AIDAX

AB Intermediate Diversified Muni - A Class ( AIDAX ) ER 0.83% Load 3.00% Vanguard Limited-Term Tax-Exempt (VMLTX) ER 0.20% http://i66.tinypic.com/zo6fk9.jpg Load and AUM fee-adjusted returns $10,000 - 3.00% = $9,700 in AIDAX @ CAGR (4.33% - 1.00% AUM) resulting in $22,733 . AIDAX load waived @ CAGR...
by pingo
Wed Dec 16, 2015 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

MBFAX

Below I'll talk about the Wells Fargo Advantage Core Bond Fund (MBFAX), but I want to first alert you that I don't have an index fund "equivalent" per se. I looked at a few stats and compared it's behavior to low cost index funds with similarities and simple differences. Core bond fund is the name g...
by pingo
Fri Dec 11, 2015 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of going with VSMGX
Replies: 30
Views: 9691

Re: Thinking of going with VSMGX

Got it. BTW I edited my last post to embed source links to support my not-so-specific recollection of events. Like I said, they recently shifted the 70:30 U.S./International stocks ratio to 60:40 . International bonds weren't included until fairly recently and even more recently they were bumped up ...
by pingo
Fri Dec 11, 2015 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

EKJAX

I'll continue to pick off the low-hanging fruit. Up next: Wells Fargo Advantage Premier Large Company Growth Fund (EKJAX). EKJAX appears to be an deep growth-style stock fund whose history goes back to the Great Depression! VFINX and VIGRX don't go back that far, so I'll move up the period for compa...
by pingo
Fri Dec 11, 2015 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of going with VSMGX
Replies: 30
Views: 9691

Re: Thinking of going with VSMGX

The 60/40 stock-bond ratio is the most important aspect of asset allocation and it remains "static" (fixed). Some alterations have been made here and on the stock side and/or on the bond side in keeping with the portfolio's target asset allocation. Over the years, some changes have been for the bett...
by pingo
Fri Dec 11, 2015 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

LCCAX 3 year performance

Parents moved money to Ameriprise 3 years ago, so let's assume LCCAX was purchased and held for the last 3 years. Columbia Contrarian Core - A Class ( LCCAX ) Load 5.75% ER 1.09% Vanguard S&P 500 Index Fund - Investor Class ( VFINX ) ER 0.17% Vanguard Growth Index Fund - Investor Class ( VIGRX ) ER ...
by pingo
Fri Dec 11, 2015 3:47 am
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

LCCAX

Let's look at Columbia Contrarian Core (LCCAX) since it already made its way into the discussion. Columbia Contrarian Core - A Class ( LCCAX ) Load 5.75% ER 1.09% Vanguard S&P 500 Index Fund - Investor Class ( VFINX ) ER 0.17% http://i64.tinypic.com/8x3qfm.jpg No special sauce after all. Oops, I see...
by pingo
Thu Dec 10, 2015 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: Helping my parents see the light with Ameriprise

I should have mentioned that the cost page is linked to a rate of return page that compares the funds. Please clarify: the cost page is linked to another page that will compare fund returns of the actual funds in question that we want to compare? Or, are you referring to the fact that we're arbitra...
by pingo
Sat Dec 05, 2015 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: Helping my parents see the light with Ameriprise

My opinion is that showing them the total cost for their "investing advice" is the best shot you have. 1-2% doesn't sound like much but when you include the opportunity cost of not investing the fees and letting them compound over many years you're usually talking not tens of thousands but hundreds...
by pingo
Fri Dec 04, 2015 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Compareable funds to SCHE and SCHF for TLH... Also when before div or after?
Replies: 7
Views: 942

Re: Compareable funds to SCHE and SCHF for TLH... Also when before div or after?

I don't need to TLH, so take my thought as a grain of salt (for lack of experience). If you hold SCHF and SCHE at market weight (80-85% SCHF and 15-20% SCHE), it might make sense to TLH into SPDR® MSCI ACWI ex-US ETF ( CWI ). It is commission-free at Schwab, last I checked. However, ER is 0.30 if yo...
by pingo
Thu Dec 03, 2015 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: Helping my parents see the light with Ameriprise

^ I'll second that suggestion. John Bogle's seminal work is Common Sense on Mutual Funds , but from it sprang his masterpiece : The Little Book of Common Sense Investing . Bogle's Little Book is my favorite argument for low-cost passive investing. It is small and undaunting; simply and artfully writ...
by pingo
Wed Dec 02, 2015 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner portfolio help!
Replies: 11
Views: 2215

Re: Beginner portfolio help!

A governmental 457 is good news, indeed.
by pingo
Wed Dec 02, 2015 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: New 401K Investment Options
Replies: 4
Views: 585

Re: New 401K Investment Options

Heh, I started to do the same thing as you. The good thing about what you did is it tells us that what we see at Morningstar is somewhere in the ballpark of the ER claimed by the plan. If the plan is anything like my employer (which also does this kind of custom fund thingy), the ERs the plan negoti...
by pingo
Wed Dec 02, 2015 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: New 401K Investment Options
Replies: 4
Views: 585

Re: New 401K Investment Options

Often entities with a large asset base will do this sort of thing. Typically they use their muscle to suppress the costs of investing on behalf of plan participants. A good sign that this is the case is the use of Northern Trust Index Funds, which are among the cheapest. Chances are good that the "p...
by pingo
Wed Dec 02, 2015 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 11664

Re: Helping my parents see the light with Ameriprise

A picture is worth a thousand words. A couple years ago, I went to Morningstar.com to look at Ameriprise Funds. I looked at every fund that resulted from my M* search, which was a handful or so. Relative fund performance was nothing to write home about, except that they confirmed Bogle's Cost Matter...
by pingo
Tue Dec 01, 2015 11:51 pm
Forum: Investing - Theory, News & General
Topic: Value Fund Only Portfolio For Maximum Growth
Replies: 7
Views: 1614

Re: Value Fund Only Portfolio For Maximum Growth

I smell a few problems with the premise which stem from theory versus practice. You speak of Betterment from which I must conclude that you are referring to a taxable account where the theoretical prospects of value may be compromised by the tax-efficiency issues. Generally speaking, value index fun...
by pingo
Tue Dec 01, 2015 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner portfolio help!
Replies: 11
Views: 2215

Re: Beginner portfolio help!

If they intend to transfer the prior 401k into a non-governmental 457, well, that makes me cringe. I'd do whatever I could to see if they'll roll it into an IRA or the 401a. I don't know if or how it would be done, but it's worth a shot.
by pingo
Tue Dec 01, 2015 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request
Replies: 15
Views: 2762

Re: Portfolio review request

Perhaps more important than any portfolio change, is whether or not you might be able to "backdoor" more savings into your Roth IRA via the 401k. I'm am left to assume you are maxing Roth IRA (perhaps via the backdoor) and 401k contributions and that you will also have new contributions going to th...
by pingo
Sun Nov 29, 2015 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: 31 years old. I have $8000 in the bank and want to start investing but I have no idea where to start.
Replies: 13
Views: 2224

Re: 31 years old. I have $8000 in the bank and want to start investing but I have no idea where to start.

I'll add my support to the suggestions in this thread. OP, Some of the rec's and inquiries may seem less exciting or even overwhelming if you were not prepared or intending to confront some of the broader financial issues that we believe to be essential before putting your money anywhere. If you are...
by pingo
Fri Nov 27, 2015 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Scared to take the BH jump (30yr old) (portfolio)
Replies: 53
Views: 8629

Re: Scared to take the BH jump (30yr old) (portfolio)

Six of one, half dozen of the other. There are no transaction fees for buying or selling Vanguard ETFs/funds in a Vanguard account. My vote is for traditional index funds, especially if you use ruralavalon 's fund arrangement. ETFs would offer zero advantage (cost or otherwise) to using Admiral Clas...
by pingo
Thu Nov 26, 2015 2:01 pm
Forum: Investing - Theory, News & General
Topic: “Stay The Course”
Replies: 20
Views: 3237

Re: “Stay The Course”

Inactivity is preferable to hyperactivity. Per the Boglehead philosophy/wiki, stay the course is not about never-ever changing: Once you set up a Boglehead portfolio, the only real course correction needed is to rebalance once per year to bring the stock/bond allocations back to pre-set levels. (Inv...
by pingo
Thu Nov 26, 2015 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Question - What to do with high cost 403b?
Replies: 19
Views: 1696

Re: Portfolio Question - What to do with high cost 403b?

Your tax bracket is out of my comfort zone, but maxing your Roth 401(k) might be the way to go. Boglehead tfb has helped many Bogleheads with such topics. (For example, The Case Against the Roth 401(k) and The Backdoor Roth: A Complete How-To ). For people in high tax brackets, tfb weighs the Tradit...
by pingo
Wed Nov 25, 2015 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request
Replies: 15
Views: 2762

Re: Portfolio review request

Little about your portfolio demands a change from its current configuration, if you prefer to continue with things as you have them. I simplified it from 10 funds to 9 (not impressive), but doing so eliminated rebalancing inside the Roth IRA and you'd be able to see at a glance how much you have in ...
by pingo
Wed Nov 25, 2015 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request
Replies: 15
Views: 2762

Re: Portfolio review request

Perhaps I went overboard in my overhaul of the portfolio. I'll come back and play with another idea that is closer (if not the same!) to what you currently have. Earlier I stated: You've done well enough for yourself, I'll just throw out a few ideas based on what you've posted to see if any of it st...
by pingo
Wed Nov 25, 2015 1:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request
Replies: 15
Views: 2762

Re: Portfolio review request

Great questions! 1. What is a LifeStrategy fund? A Vanguard LifeStrategy Fund is an all-in-one portfolio of the Vanguard core funds: Total Stock Market Index Fund, Total International Index Fund, Total Bond Index Fund and Total International Bond Index Fund. (Many would debate that Total Intl Bond s...
by pingo
Tue Nov 24, 2015 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request
Replies: 15
Views: 2762

Re: Portfolio review request

Hey, where'd everybody go? MrDonut, You've done well enough for yourself, I'll just throw out a few ideas based on what you've posted to see if any of it strikes a cord. Desired allocation*: 60-65% stock / 15 - 20% bond / 15% cash Desired international: 5% Your desired international allocation is ve...
by pingo
Tue Nov 24, 2015 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: help with fund selection
Replies: 12
Views: 1589

Re: help with fund selection

Edit: +1 That's a wealth of information and advice you've been given above. I hope you will consider it. I was working on this offline, so some of my questions may have already been adequately addressed by ruralavalon . If not, please provide the information. elilewis, You have a nice 401k. I'm jea...