Search found 146 matches

by anthau
Fri Mar 05, 2010 9:46 am
Forum: Personal Finance (Not Investing)
Topic: What is going on with iNG Direct ?
Replies: 33
Views: 7837

tj wrote:How can evantage afford to offer 2%?
Subsidies. :)
by anthau
Fri Mar 05, 2010 9:33 am
Forum: Personal Finance (Not Investing)
Topic: What is going on with iNG Direct ?
Replies: 33
Views: 7837

When Vanguard Prime Money Market Fund is yielding 0.01%, I'm not going to blame ING for besting it by 109 bps while also offering FDIC insurance (though my report of the yield spread may be slightly off--it's too early for me to convert SEC 7-day yield to APR).

Edit: Nah, I think I'm OK.
by anthau
Thu Mar 04, 2010 10:24 am
Forum: Investing - Theory, News & General
Topic: John Bogle on NPR this a.m.
Replies: 99
Views: 15432

Part Three Posted

http://www.npr.org/templates/story/stor ... =124290221

And links to all three in the series can be found here.
by anthau
Wed Mar 03, 2010 9:30 am
Forum: Investing - Theory, News & General
Topic: John Bogle on NPR this a.m.
Replies: 99
Views: 15432

Part Two Posted

Part two of the series posted. If better for a separate thread, feel free to delete my post.
by anthau
Fri Feb 12, 2010 10:40 am
Forum: Personal Investments
Topic: FFNOX‎ - Fidelity Four-in-One Index
Replies: 15
Views: 13465

One thing I find troubling about FFNOX is that they changed the underlying allocation recently , increasing the target exposure to international and decreasing the exposure to US Large cap and small cap. Schwab offers something similar in their MarketTrack funds. E.g., Schwab MarketTrack Growth (SWH...
by anthau
Mon Feb 01, 2010 8:52 pm
Forum: Investing - Theory, News & General
Topic: Burton Malkiel: How to Invest (Video)
Replies: 11
Views: 2535

Thanks for the link. Malkiel is both older and more charismatic than I had imagined.
by anthau
Sun Jan 24, 2010 3:01 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing yourself into oblivion?
Replies: 55
Views: 8711

In Common Sense on Mutual Funds (1999 ed.) (pp 65-66), Mr. Bogle writes: Once you have determined a strategic long-term asset allocation, you must decide whether this balance will be fixed or dynamic. There are two principle options. You can (1) keep your strategic ratio fixed, periodically buying a...
by anthau
Wed Jan 13, 2010 9:46 am
Forum: Personal Finance (Not Investing)
Topic: best cash back credit card
Replies: 28
Views: 5140

Dave & Tony: Thanks for the heads up on the potential bait-and-switch.
by anthau
Mon Jan 11, 2010 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: best cash back credit card
Replies: 28
Views: 5140

dratkinson wrote:The Discover Open Road card has changed to a More card.
Looks like they're still offering both to me, but I can't say I've applied, so I cannot confirm. Regardless, they're definitely pushing the More more.
by anthau
Mon Jan 11, 2010 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: best cash back credit card
Replies: 28
Views: 5140

Right now the cards are not so generous, and the "right one" depends on personal spending patterns. If you're going to put more than $6,500/year on the card, I think AMEX's Blue Cash is worth considering. I've been a user for several years, and am only shopping around because I've decided to use cas...
by anthau
Mon Jan 11, 2010 11:17 am
Forum: Investing - Theory, News & General
Topic: Is RZV the Real (Fama/French) Deal?
Replies: 35
Views: 8985

In addition to the (sometimes) concentrated portfolio, are there any other reasons you do not recommend it? I think there's a behavioral argument to be made against holding RZV, which is its volatility: Right now, RZV is looking good because of its 62.57% return in 2009. However, compared to Vangua...
by anthau
Sun Jan 10, 2010 11:51 pm
Forum: Personal Consumer Issues
Topic: Garbage Disposals - Recommendations?
Replies: 26
Views: 3528

The gift card probably makes it most sensible to go with what Lowe's carries, likely Insinkerator, which are good. When it came time to replace mine a few years ago, I went with a Waste King. Consumer Reports scored it slightly better than Insinkerator, it cost less, and had a longer warranty.
by anthau
Mon Sep 28, 2009 8:07 pm
Forum: Personal Investments
Topic: Picking a mutual fund
Replies: 40
Views: 4805

Given your parameters (may need the money in 6 years and investment minimum of $2k or less), AARP Moderate Fund (AAMDX) might fit the bill while being in accord with Boglehead thinking. Welcome to the boards. Don't forget to explore the wiki . And I also think that The Coffehouse Investor is a usefu...
by anthau
Tue Jul 07, 2009 8:19 pm
Forum: Personal Investments
Topic: Total Bond Index versus managed fund
Replies: 14
Views: 3930

While I agree with the posters arguing in favor of a short-term Vanguard bond fund plus TIPS, if you decide to go active, consider Harbor Bond (HABDX) instead--same manager, similar strategy, but no-load with an ER of 0.55%.
by anthau
Thu Jul 02, 2009 2:52 pm
Forum: Investing - Theory, News & General
Topic: To Those Of You Holding "Weird" Mutual Funds: Why?
Replies: 26
Views: 4440

Bridgeway Small-Cap Value Fund (BRSVX)

I use Bridgeway Small-Cap Value Fund (BRSVX) instead of Vanguard Small-Value Index Fund (VISVX) or Bridgeway Ultra-Small Market (BRSIX). I chose Bridgeway over Vanguard in the small-cap universe because I prefer Bridgeway's proxy voting policies, the lack of REITS in their funds (less overlap with V...
by anthau
Tue Jun 30, 2009 11:50 pm
Forum: Wiki and Reference Library
Topic: Suggestions for the Librarians
Replies: 255
Views: 247501

Armstrong lazy portfolio?

Shouldn't the Frank Armstrong portfolio in the lazy portfolio section of the wiki be 9% small value, 6% small blend instead of visa-versa?
by anthau
Mon Jun 22, 2009 11:50 am
Forum: Investing - Theory, News & General
Topic: 4.11% actual expense of Schwab International Small-Mid Index
Replies: 14
Views: 3481

Not to defend the accuracy of M*'s data, nor to berate the fund, but the current gross ER according to Schwab is 5.45%.
by anthau
Sun Apr 19, 2009 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Sole proprietorship or LLC for web application?
Replies: 24
Views: 5070

Not to get too limited liability entity geeky, but one of the main criteria for a court to "pierce the corporate (or LLC) veil" (i.e., disregard the liability shield) is inadequate capitalization. The only practical way for most small businesses to have adequate capitalization against a lawsuit is a...
by anthau
Wed Apr 08, 2009 12:20 pm
Forum: Investing - Theory, News & General
Topic: Shareholder Meetings/Votes and Mutual Funds
Replies: 10
Views: 1551

Jack wrote:The report can be downloaded from here:

http://www.thecorporatelibrary.com/

The report is free but requires registration.
How about a title or a link to the report, please?
by anthau
Wed Apr 08, 2009 8:32 am
Forum: Investing - Theory, News & General
Topic: Shareholder Meetings/Votes and Mutual Funds
Replies: 10
Views: 1551

Mutual Fund Proxy Voting

Perhaps it would be more reasonable for fund managers to pass through voters to the mutual fund subscribers or for them to abstain. I disagree. Passing fractional votes on to fund owners would be a logistical nightmare and cost a fortune. And given that mutual fund companies are among the biggest h...
by anthau
Mon Apr 06, 2009 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Prudent Amount of Student Loan Debt
Replies: 40
Views: 7384

Permissive Parent the Crux

I arrived in Laramie essentially at random 12 years ago, finished the undergrad degree I had started at the University of California, Santa Cruz, and got a JD from the college of law at UW too. Out of state tuition at UW was already cheaper than in-state tuition at UC; in-state tuition was gravy. As...
by anthau
Sun Apr 05, 2009 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: What is Your 2nd Favorite Retail Fund Company?
Replies: 35
Views: 5359

Bridgeway

Bridgeway. Low fees. Unique index funds (BRLIX & BRSIX), as well as quant funds. Honest shareholder communications, brutally frank about the company's own shortcomings. And I like their proxy voting policies.
by anthau
Wed Apr 01, 2009 3:39 pm
Forum: Investing - Theory, News & General
Topic: Total International merging with FTSE All World Ex. US?
Replies: 41
Views: 9765

simplesimon wrote:VGTSX now looks to be 100% direct securities.
Sure does.
by anthau
Wed Apr 01, 2009 3:28 pm
Forum: Personal Investments
Topic: International Small Cap
Replies: 6
Views: 1276

Karl wrote:Ah, proprietary secret. That explains it. Thanks.
Sure. God know I looked for the index composition too. :)
by anthau
Wed Apr 01, 2009 3:23 pm
Forum: Personal Investments
Topic: International Small Cap
Replies: 6
Views: 1276

FTSE charges a license fee to access or publish the data of their indices' compositions. An attempt to look up index composition on the FTSE site only leads to contact info for how to obtain a license.

I imagine that all of your views are based on your title, "International Small Cap."
by anthau
Wed Apr 01, 2009 3:14 pm
Forum: Personal Investments
Topic: TurboTax vs TaxAct: A First-Timer's Very Quick Review
Replies: 18
Views: 5416

Self-employed, using TaxAct

I used TaxAct last year and am using it again this year. I agree with the OP that some of the interview questions are less than clear, requiring further research. Last year I used TaxAct because, as April 15th loomed, of the "big 3" online services (TurboTax, TaxAct & TaxCut), TaxAct's servers were ...
by anthau
Tue Mar 17, 2009 9:45 am
Forum: Investing - Theory, News & General
Topic: International small cap value ETF
Replies: 54
Views: 20256

I'd be interested in what others here think of SFIVX (disclaimer: it's 3.5% of my portfolio [5% of equities], I admit as a moderate asset class junkie who has by necessity part of his tax-advantaged money at CS). Similarly, I'd be interested in what you think about Schwab. I've been watching SFIVX ...
by anthau
Tue Mar 17, 2009 12:46 am
Forum: Investing - Theory, News & General
Topic: International small cap value ETF
Replies: 54
Views: 20256

wander wrote:
anthau wrote:Schwab now offers a mutual fund, SFIVX, that tracks the same index as PDN. Minimum purchase $100, ER of 0.79%, no commission.
I saw ER= 0.59% at MorningStar and Yahoo Finance.
M* is wrong (and Y! is just quoting M*) (I guess I'm wrong too; it's gone from 0.79 to 0.80).
by anthau
Sat Mar 14, 2009 2:19 pm
Forum: Investing - Theory, News & General
Topic: International small cap value ETF
Replies: 54
Views: 20256

Schwab now offers a mutual fund, SFIVX, that tracks the same index as PDN. Minimum purchase $100, ER of 0.79%, no commission.
by anthau
Fri Mar 06, 2009 12:49 pm
Forum: Personal Investments
Topic: 30 year old couple need overall financial advice
Replies: 18
Views: 2830

Welcome to the forums! As a housekeeping matter, it is preferable to post percentages than actual dollar amounts (e.g., we have x% equity in our home, whose total value is probably around y% of our annual salaries), just for the sake of keeping what's your business private. I presume that you're spe...
by anthau
Sat Feb 28, 2009 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity wants to charge me $75.00 to transfer...
Replies: 15
Views: 7605

One possible way to game the system would be to first transfer the assets to another brokerage that both reimburses the fees to transfer from another broker and charges no fees to transfer out. Scottrade, for one, fits the bill, and they offer SSgA S&P 500 Index Fund (SVSPX) and Dreyfus Bond Market ...
by anthau
Tue Feb 24, 2009 10:14 am
Forum: Personal Investments
Topic: FTSE ex_US vs MCSI
Replies: 3
Views: 1639

I think there's only two Vanguard funds that track developed international stocks (to the exclusion of emerging markets): Vanguard Developed Markets Index Fund (VDMIX) and Vanguard Tax-Managed International Fund (VTMGX), which both are benchmarked to the MSCI EAFE. Otherwise, there's a slice of emer...
by anthau
Mon Feb 16, 2009 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Attorneys and Traffic Tickets
Replies: 40
Views: 5901

Nolo Press is a good starting point for self-help. Pros of hiring a lawyer: A good one will know and be able to counsel you regarding the effect of your tickets on your license and whether s/he is likely going to be able to mitigate some of that effect. Cons: Expense. The risk of charlatans. How on...
by anthau
Mon Feb 09, 2009 1:45 pm
Forum: Investing - Theory, News & General
Topic: What's the best way to invest in index like Vanguard 500 ?
Replies: 8
Views: 2355

Scottrade offers the SSGA S&P 500 Index Fund (SVSPX) with no transaction fee. Expense ratio of 0.18%, minimal tracking error (i.e., it's a fine choice) ($250 minimum in an IRA; otherwise $10k). For a bond index fund, they also offer the Dreyfus Bond Market Index Basic class (DBIRX) NTF. ER of 0.15% ...
by anthau
Sat Feb 07, 2009 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Moving to Denver - Housing Advice?
Replies: 13
Views: 2784

After you've picked a neighborhood or two that are of interest to you, check out Denver's Craigslist. Both a friend who has lived in Denver since childhood and my wife's sister (who just moved to Denver) swear by it.
by anthau
Thu Jan 29, 2009 9:48 am
Forum: Investing - Theory, News & General
Topic: duration of stocks
Replies: 19
Views: 3221

by anthau
Wed Jan 28, 2009 11:01 am
Forum: Investing - Theory, News & General
Topic: Help me understand this paper
Replies: 4
Views: 1179

Re: Help me understand this paper

But I do have some questions from reading the first few introductory pages. It is well known that the CAPM fails to describe average realized stock returns since the early 1960’s. In particular, small stocks and value stocks have delivered higher average returns than their betas can justify. So the...
by anthau
Mon Jan 26, 2009 10:04 am
Forum: Personal Investments
Topic: Switching PCRDX from VG to Schwab IRA?
Replies: 8
Views: 1753

Purchasing PCRDX and Schwab's Int'l SV fund (SFIVX) are reasons I'm contemplating opening an account with Schwab. Please keep us posted. My hedge against inflation since I dont trust TIPS. On the one hand, I think PIMCO is a trustworthy firm. On the other, they use TIPS as part of a strategy to gene...
by anthau
Sun Jan 25, 2009 11:32 am
Forum: Personal Consumer Issues
Topic: Excessive Healthcare Expense: Malpractice Liability
Replies: 47
Views: 6746

Preventative medicine is an issue. But it is one of several in this multifaceted problem. In the interest of full disclosure, I am a Wyoming lawyer, with two years experience as a former associate at a medical malpractice defense firm. Despite that background, if I were to lay blame, it would be bac...
by anthau
Fri Jan 23, 2009 3:45 pm
Forum: Personal Investments
Topic: Company just cancelled 401K match for past year
Replies: 38
Views: 11317

A review of the plan documents will likely explain how the company makes its match. If they don't match until year-end and reserved the right to rescind, then maybe what they're doing is kosher. Otherwise, I think not. Word to the wise: The natural instinct under the circumstances is to complain wit...
by anthau
Sun Jan 18, 2009 6:18 pm
Forum: Investing - Theory, News & General
Topic: Nearly Index "Socially Responsible" Investing
Replies: 39
Views: 8031

Any of the funds at Bridgeway, but for indexing and tax-efficiency Ultra-Large and Ultra-Small Cap Index funds (BRLIX & BRSIX), especially. They are not socially-responsible funds per se (though they exclude tobacco stocks), but Bridgeway votes its proxies in a socially responsible way, and donates ...
by anthau
Thu Jan 15, 2009 10:57 am
Forum: Personal Investments
Topic: Investging in Dividend Index Funds
Replies: 11
Views: 3297

Vanguard's own High Dividend Yield Index Fund (VHDYX) and ETF (VYM) may also rate consideration (I use it for my LV fund).
by anthau
Wed Jan 14, 2009 10:39 am
Forum: Investing - Theory, News & General
Topic: Asset Class Performance
Replies: 44
Views: 6248

Flipping to the back of the Intelligent Asset Allocator (which only has correlation data for large vs small), it's clear that correlation's a moving target: From 1926-98, the US large-small annual correlation is 0.79; from 1973-98, it's 0.66; from 1994-98, the quarterly correlation is 0.77; and, pul...
by anthau
Wed Jan 14, 2009 10:16 am
Forum: Investing - Theory, News & General
Topic: Asset Class Performance
Replies: 44
Views: 6248

Kenster beat me to the punch, and with a better post, but still I leave my post below. Here's something I don't get. Maybe the problem is with my assumption which is that an investor tilts toward SV hoping to get higher return (albeit at higher risk). If that investor is not yet 100% invested in equ...
by anthau
Mon Jan 12, 2009 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Is Coffee Healthy?
Replies: 62
Views: 9984

Re: Is Coffee Healthy?

norak wrote:Is coffee healthy? Is it a health drink?
H E double hockey sticks yes! (Says he with a pot a day habit).
by anthau
Mon Jan 12, 2009 1:49 am
Forum: Personal Consumer Issues
Topic: Question for Trial Lawyers
Replies: 28
Views: 5054

Prosecutor's offices (and for that matter, any government position) can run the gamut from being one of the few ways of having a life outside work to being understaffed and underpaid (state bennies aside) (Unfortunately, Wyoming follows the less-is-more approach, so my visions of a relaxed governmen...
by anthau
Sun Jan 11, 2009 9:35 pm
Forum: Personal Investments
Topic: Short on time
Replies: 6
Views: 1389

A potentially sticky issue is: Are the funds you currently have held in tax-advantaged accounts? (If so, nevermind, but if they're taxable, although switching to indexing is still likely advisable, you should be aware of the potential for getting hit with the capital gains tax and analyze its effect...
by anthau
Sun Jan 11, 2009 5:16 pm
Forum: Personal Investments
Topic: CGMFX vs PRPFX in a Roth IRA
Replies: 4
Views: 2009

Re: Thanks

but returns had been good in the past. Of course, that's the devil behind the disclaimer so ubiquitous it's almost invisible, that past returns mean nothing for future returns. If you decide to go the indexing route (which most everyone here believes in), do remember to factor in the tax effects of...
by anthau
Sun Jan 11, 2009 4:55 pm
Forum: Investing - Theory, News & General
Topic: BRLIX - Bridgeway 35 Blue Chip
Replies: 14
Views: 3610

It clearly isnt as tax efficient as SP500 index fund I think the current apparent tax inefficiency is a biproduct of the market tanking. If memory serves, BRLIX has usually been more tax-efficient (Bear in mind we're talking minor differences here--Vanguard large-cap index funds are also quite tax-...