Search found 988 matches

by Silence Dogood
Fri May 24, 2019 4:01 pm
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1626

Re: Looking to buy ETFs for the 1st time

vineviz wrote:
Fri May 24, 2019 11:47 am
Investors who can’t enter orders when markets are open should not be using ETFs if they have any other alternatives at all.
I agree.

This is another reason why I prefer mutual funds.
by Silence Dogood
Fri May 24, 2019 11:19 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1626

Re: Looking to buy ETFs for the 1st time

Hi all, I have a few questions about ETFs 1. I have read on here that it is not a good idea to buy ETF after hours especially for low volume ETFs. What about highly traded ones? It is never a good idea. Why would you want to do that ? I can think of a lot of good reasons why someone might want to d...
by Silence Dogood
Thu May 23, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14119

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

Well, of course, TD funds are way better than a bunch of dubious alternatives. As longinvest rightfully perceived , I was making a relative comparison between TD funds and LifeStrategy funds, instead of making an absolute judgment about TD funds. And yes, the hardcoded choices (90/10 to begin with ...
by Silence Dogood
Thu May 23, 2019 6:22 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14119

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

I have big reservations about putting (possibly unaware) young investors into a 90/10 stocks/bonds allocation based on age, regardless of their personal subjective tolerance for drawdowns, and their personal objective financial capacity to take that risk. And yet we see, in this very same thread (1...
by Silence Dogood
Wed May 22, 2019 11:12 pm
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 7047

Re: Is Tesla Going To Survive?

Who knows?

Here is my (worthless) prediction: Tesla will be bought out by Apple once it gets cheap enough.
by Silence Dogood
Wed May 22, 2019 9:31 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14119

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

I think the Target-Date funds are very overrated. The marketing appeal of something adjusting itself automatically towards one’s retirement date just cannot compensate for very poorly defined (and basically counterproductive) glide paths. I will be honest with you, my knee-jerk reaction is to dismi...
by Silence Dogood
Wed May 22, 2019 8:53 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14119

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

I think the LifeStrategy funds are very underrated. There is a lot to be said for a fixed AA for life (or possible adjustment at key milestones). I think the Target-Date funds are very overrated. The marketing appeal of something adjusting itself automatically towards one’s retirement date just can...
by Silence Dogood
Wed May 22, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14119

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

I'm 29 and currently looking at the 2055 Target Retirement Fund, but also considering just Total Stock Market Fund by itself since it's cheaper and has had better returns than the target fund so far. Looking to own in my Roth. I'm still new to some of this, but is there a benefit to the internation...
by Silence Dogood
Tue May 21, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14119

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

I think the Vanguard Target Retirement funds are underrated.

I will often read posts here that refer to them as an investment, "for people who don't know how to invest."

I know how to invest and that's why I'm invested in a Vanguard Target Retirement fund!
by Silence Dogood
Tue May 21, 2019 11:25 am
Forum: Personal Investments
Topic: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?
Replies: 24
Views: 1583

Re: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?

Should I be selling the VBTLX bond mutual fund above and converting it to a similar ETF? The fee is apparently on purchases. No need to sell what you already own. The question might be do you buy more, or start buying etf. At least that is how I read it. As mentioned, no fee on purchases for VBTLX.
by Silence Dogood
Tue May 21, 2019 11:24 am
Forum: Personal Investments
Topic: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?
Replies: 24
Views: 1583

Re: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?

Read the details on the fee. What I have seen is it is only for super large purchases. Trying to prevent institutional purchases without prior notice to Vanguard. It has nothing to do with Institutional funds or large purchases: Effective July 10, 2019, the Fund will charge a 0.50% fee on all purch...
by Silence Dogood
Tue May 21, 2019 11:12 am
Forum: Personal Investments
Topic: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?
Replies: 24
Views: 1583

Re: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?

The linked Vanguard supplement to the Prospectus looks pretty conclusive: there will be a 0.50% fee on purchases starting July 10th. Unclear, how the OP would benefit from selling shares. It is instead correct that purchasing ETF shares past the July deadline won’t incur the fee. Can you point to m...
by Silence Dogood
Tue May 21, 2019 11:05 am
Forum: Personal Investments
Topic: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?
Replies: 24
Views: 1583

Re: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?

Mark2614 wrote:
Mon May 20, 2019 9:28 pm
Edit: Just realized the new purchase fee only affects: "Vanguard Long-Term Bond Index Fund". Am I fine holding all mutual funds above or do I see any benefit going to ETFs instead?
You are fine holding all mutual funds.

There is no benefit going to ETFs (unless you have a personal preference).
by Silence Dogood
Tue May 21, 2019 11:00 am
Forum: Personal Investments
Topic: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?
Replies: 24
Views: 1583

Re: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?

Next question: should new purchases of VBTLX be with the ETF? You would avoid the fee, but then the problem would be having to manually purchase shares as cash builds up, and always having some cash in a 401k which is not invested. Vanguard says it's not a load fee because it goes into the fund, no...
by Silence Dogood
Tue May 21, 2019 10:58 am
Forum: Personal Investments
Topic: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?
Replies: 24
Views: 1583

Re: Should I convert bonds to ETFs in my 401K due to Vanguard's new fees?

Read the details on the fee. What I have seen is it is only for super large purchases. Trying to prevent institutional purchases without prior notice to Vanguard. It has nothing to do with Institutional funds or large purchases: Effective July 10, 2019, the Fund will charge a 0.50% fee on all purch...
by Silence Dogood
Sun May 19, 2019 8:41 am
Forum: Personal Investments
Topic: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?
Replies: 16
Views: 1719

Re: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?

On a $1 million portfolio would I save $1,300 by purchasing the five underlying funds directly. No, for 1 million invested you would save $100 per year per 1 basis point saved. So you would only save $1,300 per year if you could somehow purchase the underlying funds at no cost (which as far as I'm ...
by Silence Dogood
Sat May 18, 2019 8:06 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

...and it seems to me that language like this counts as a "nudge:" Vanguard factor-based funds While these funds attempt to take advantage of specific stock characteristics, they're definitely not for the faint of heart.... ....they come with significantly more risk than you'd experience investing ...
by Silence Dogood
Sat May 18, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

At the end of the day, someone has to provide the customer service, record-keeping, account management, etc. and someone has to pay for it. So if the idea is that Vanguard/Blackrock will provide the asset management, while Fidelity, with an unsustainable business model, will provide the customer ser...
by Silence Dogood
Sat May 18, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Anyway, if Vanguard is trying to nudge people toward ETFs, then why did they lower the admiral share minimums from $10K to $3K? Can Vanguard really be in the "nudging" business when they are supposed to be running their funds "at cost"? If costs and minimums for mutual funds continue to decrease, sh...
by Silence Dogood
Sat May 18, 2019 3:12 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

So there is a strong tide towards ETFs. Fidelity is swimming against the tide. I will admit I don't fully understand their strategy. There is a trick that I am missing. However, you can buy Fidelity funds on other platforms so I don't think it is portability. What is Fidelity's strategy? I don't th...
by Silence Dogood
Fri May 17, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

What about the fact that mutual funds are not as portable? There is a reason why Fidelity doesn't offer their zero cost funds as ETFs. A interesting response, because that was the answer 30 years ago. I don't think it is true anymore. I'm sorry, I must be misunderstanding what you are trying to say...
by Silence Dogood
Fri May 17, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

But that's what I'm saying. They all already do it. They don't need to outsource anything and there's no waiting 5-10 years to fix some technical burden. Fidelity does it. Schwab does it. Vanguard does it. Goldman Sachs does it. E-Trade does it. They all do it today with their existing robo advisor...
by Silence Dogood
Fri May 17, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

UpperNwGuy wrote:
Fri May 17, 2019 2:39 am
If it isn’t free, then it is useless to me.
Exactly.

Why would a cost-conscious investor switch to an ETF to save 1 basis point only to then sign up for a service that costs 30 basis points?
by Silence Dogood
Thu May 16, 2019 11:16 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Also, how do we know that mutual fund expenses won't continue to go down? They will go down, but ETFs will always be lower. It is a structural issue. You can go down the list of expenses. Some are identical because they have to do exactly the same thing. Tax prep is exactly the same, annual reporti...
by Silence Dogood
Thu May 16, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Also, how do we know that mutual fund expenses won't continue to go down? 10 years ago (2009), VTSAX (Vanguard Total Stock Market Admiral) had a $50,000 minimum with a 0.07% expense ratio. Today (2019), VTSAX has a $3,000 minimum with a 0.04% expense ratio. Is there any reason to believe that both t...
by Silence Dogood
Thu May 16, 2019 5:24 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Huh? Mutual funds are V8 sedans? Am I your old man in this situation? :? Vehicles have a lot to be improved upon (safety, efficiency, etc.). Total market mutual funds, with rock bottom expenses, don't have all that much to improve upon. Mutual funds are not inferior to ETFs, and have certain benefi...
by Silence Dogood
Thu May 16, 2019 4:57 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Why should an investor care about this? The financial industry is always trying to sell more products. My father strong believes in the superior nature of American rear wheel drive V8 sedans. He cities their superior performance in snow. He preferred carbureted models for their lower maitiance cost...
by Silence Dogood
Thu May 16, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Take a look at what funds are offering. They are launching new ETFs, not mutual funds. Why should an investor care about this? The financial industry is always trying to sell more products. There are a lot of bad mutual funds/ETFs out there. I invest in total market funds. These are offered as both...
by Silence Dogood
Thu May 16, 2019 4:16 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 19797

Re: VTSAX or VTWAX over the next 35 years?

Why does this topic resurface 3-4 times per week with new threads? Why the fixation on international stock allocation? It seems we are having the same conversation over and over and over again. Yes, I prefer VTWAX. Yes, I have my reasons. But whatever, we don't need to have this conversation contin...
by Silence Dogood
Thu May 16, 2019 11:23 am
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

There is no reason for any investor to care about whether ETFs will replace traditional funds. I do not know exactly why ETF fans keep pushing a narrative that suggests that it will ever happen, that it will happen soon, or that it will pose any problems for investors who prefer mutual funds. It is...
by Silence Dogood
Thu May 16, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

I personally prefer mutual funds because I find them to be simpler. I have no need or want to do intra-day buying/selling. If others want to invest in ETFs, that's perfectly fine with me. not to pick on you, but i do not understand this "argument." how the ability to trade on a minute by minute or ...
by Silence Dogood
Wed May 15, 2019 10:37 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

Yes, but it will a slow process. They have a lower cost structure. There are active funds and there are ways of getting around the daily disclosures. There are a few which do monthly. There are 2 big issues. First, buying ETFs in a 401k. Second, the lock in of current investors in low cost bias fun...
by Silence Dogood
Wed May 15, 2019 10:06 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 11063

Re: Does your retirement plan work if stocks are flat or in decline for decades?

I'm guessing the market has gone down lately? I don't bother checking, but I can always get a good idea based on the most recent threads (for example, "100% stocks" threads when the market is doing really well). Anyway, which is the greater risk?: The risk that a 60 year old, entering retirement, e...
by Silence Dogood
Wed May 15, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5102

Re: Will ETFs Replace Traditional Funds

I love Vermont, too. It's a beautiful state. Regarding ETFs vs index mutual funds, there has been a lot of discussion on the Bogleheads about this recently. I would recommend that you stick with your current plan if that's been working for you. For some reason, some people on this forum get unreason...
by Silence Dogood
Wed May 15, 2019 7:41 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 11063

Re: Does your retirement plan work if stocks are flat or in decline for decades?

I'm guessing the market has gone down lately? I don't bother checking, but I can always get a good idea based on the most recent threads (for example, "100% stocks" threads when the market is doing really well). Anyway, which is the greater risk?: The risk that a 60 year old, entering retirement, e...
by Silence Dogood
Wed May 15, 2019 7:30 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 19797

Re: VTSAX or VTWAX over the next 35 years?

HawkeyePierce wrote:
Wed May 15, 2019 1:41 pm
Does anyone know why VTWAX would have higher turnover? Superficially I would've expected the opposite.
I have no idea, but it's definitely interesting. 8.9% seems a bit high for an index fund.

I'm also not sure why 1,775 U.S. small cap stocks are left out of VTWAX.
by Silence Dogood
Wed May 15, 2019 7:27 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 19797

Re: VTSAX or VTWAX over the next 35 years?

What about bonds?

I invest in a Vanguard Target Retirement fund.

It owns more stocks than VTWAX and also includes both domestic and international bonds.
by Silence Dogood
Tue May 14, 2019 4:08 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1072

Re: Advice for 20 year old Roth IRA investment.

OP: I started investing at 18. I am now in my late 20s. I can't stress enough how important I think it is for you to include your daughter in these decisions. I will she's an accounting major so she will know a thing or two about taxes. Also she is the one that asked me for my advice because she kn...
by Silence Dogood
Tue May 14, 2019 3:31 pm
Forum: Personal Investments
Topic: Account For Nieces
Replies: 22
Views: 1330

Re: Account For Nieces

OP, as you can see, giving them money may be more complicated than you originally imagined. As I suggested above, I think the best idea is to gift your nieces throughout their life, as they grow older. Want them to have fun? Buy them a Nintendo Switch and some games to go with it. Want to help them ...
by Silence Dogood
Tue May 14, 2019 3:03 pm
Forum: Personal Consumer Issues
Topic: Police and Troopers fund.
Replies: 77
Views: 3345

Re: Police and Troopers fund.

If I get a call, and I don't recognize the number, I let it go to voicemail. If I get a call, and I do recognize the number, I still let it go to voicemail. Do you ever check your voicemail? Of course not, I'm a millennial. :wink: Fair response. In seriousness, though, I'm also a millennial, and at...
by Silence Dogood
Tue May 14, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Police and Troopers fund.
Replies: 77
Views: 3345

Re: Police and Troopers fund.

Godot wrote:
Tue May 14, 2019 2:19 pm
Silence Dogood wrote:
Tue May 14, 2019 1:47 pm
If I get a call, and I don't recognize the number, I let it go to voicemail.

If I get a call, and I do recognize the number, I still let it go to voicemail.
Do you ever check your voicemail?
Of course not, I'm a millennial. :wink:
by Silence Dogood
Tue May 14, 2019 2:21 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1072

Re: Advice for 20 year old Roth IRA investment.

OP:

I started investing at 18. I am now in my late 20s.

I can't stress enough how important I think it is for you to include your daughter in these decisions.
by Silence Dogood
Tue May 14, 2019 2:12 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 8052

Re: How to calculate exactly how much money you'll have by retirement?

Investing would be much easier if we knew in advance what our returns would be.

You have chosen an excellent fund. Keep contributing and stay the course!
by Silence Dogood
Tue May 14, 2019 2:08 pm
Forum: Personal Investments
Topic: Account For Nieces
Replies: 22
Views: 1330

Re: Account For Nieces

I don't have any nieces/nephews yet, but I hope I will someday. It appears that your nieces' college education will be paid for? If not, why not make a contribution to their already existing 529 plan? Otherwise, why not keep the money invested for yourself, for now, and gift them things and experien...
by Silence Dogood
Tue May 14, 2019 1:47 pm
Forum: Personal Consumer Issues
Topic: Police and Troopers fund.
Replies: 77
Views: 3345

Re: Police and Troopers fund.

If I get a call, and I don't recognize the number, I let it go to voicemail.

If I get a call, and I do recognize the number, I still let it go to voicemail.
by Silence Dogood
Tue May 14, 2019 1:18 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1072

Re: Advice for 20 year old Roth IRA investment.

Worry less about the most optimal option and more about what will help her learn about investing and set her up best for the future. I would think a 2065 (or later if they have those yet) Target Retirement fund would make the most sense. Something similar should be available to her when she gets he...
by Silence Dogood
Tue May 14, 2019 11:34 am
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7972

Re: For how long will the forum be around?

One of the few forums on the internet that is simply unbiased... I hope it is around forever. I use the "Firefox Focus" browser on my smartphone, which automatically blocks trackers. It also gives me a count of how many trackers are being blocked on the website I'm visiting. I regularly see as many...
by Silence Dogood
Tue May 14, 2019 11:27 am
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7972

Re: For how long will the forum be around?

If the owners ever tire of this (i don't expect that to happen) or die (that's inevitable), I feel confident that The John C. Bogle Center for Financial Literacy would see to it that it continues for as long as there was a need for it. You can rest easy; it's not going away. Hopefully, your kids, g...
by Silence Dogood
Tue May 14, 2019 10:57 am
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1072

Re: Advice for 20 year old Roth IRA investment.

rai wrote:
Tue May 14, 2019 10:48 am
It’s interesting to think about investing at a younger age, I’m 53 and have far greater invested but younger folks have far more years to compound investment.
Better to be inexperienced and make a mistake at 20, and learn from it, then to be inexperienced and make a mistake at 53.
by Silence Dogood
Tue May 14, 2019 10:45 am
Forum: Personal Investments
Topic: Vanguard Target Retirement Funds - Investor vs Admiral Shares
Replies: 21
Views: 2377

Re: Vanguard Target Retirement Funds - Investor vs Admiral Shares

I think you should just use the target funds. Even though the ER is higher, they are still considered low cost. That tiny increase in cost should not be enough to sway you away. Isn't that like saying there is no benefit to the Admiral funds? No. It's like saying that you are willing to pay a littl...