Search found 1356 matches

by Silence Dogood
Fri Jan 17, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Domestic v. International Megathread
Replies: 64
Views: 4210

Re: Domestic v. International Megathread

Stef wrote:
Fri Dec 13, 2019 2:47 am
I wonder what the approach would be here if US would make up 25% instead of 55% of the total market cap (still being the biggest one).

It seems like it's mainly the pure size that leads to underweighting international stocks.
I don't think that home country bias is unique to U.S. investors.
by Silence Dogood
Thu Jan 16, 2020 5:21 pm
Forum: Investing - Theory, News & General
Topic: IN MEMORY OF JOHN C. BOGLE
Replies: 29
Views: 3035

Re: IN MEMORY OF JOHN C. BOGLE

Thank you for this post, Taylor.

Maybe we should create a Bogleheads book club (one book per month)!
by Silence Dogood
Thu Jan 16, 2020 12:48 am
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18136

Re: Who’s Buying Bitcoin?

OP,

Beanie babies have no internal rate of return.

I wouldn't waste any money on it.
by Silence Dogood
Wed Jan 15, 2020 10:29 pm
Forum: Personal Consumer Issues
Topic: Vanguard Statements - Print or Electronic
Replies: 70
Views: 4776

Re: Vanguard Statements - Print or Electronic

I download and save to my (encrypted) hard drive/backup hard drive.

I think that people underestimate the risk of cyber attacks.
by Silence Dogood
Wed Jan 15, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: "Cybercrooks are targeting retirement accounts — and unlike credit cardsthere's no guarantee you'll get your money back"
Replies: 51
Views: 5885

Re: "Cybercrooks are targeting retirement accounts — and unlike credit cardsthere's no guarantee you'll get your money b

My Vanguard account is set up so that I can only log on from a recognized device (only my home computer is recognized). My account is set up so that two-factor authentication is required each time I log on (regardless of the fact that my computer is already recognized). I use a unique, complex, rand...
by Silence Dogood
Mon Jan 13, 2020 8:55 pm
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1992

Re: Minimum investment to buy mutual funds

You essentially did. Your question was (paraphrasing), "How could Vanguard afford to get rid of the higher-cost investor-class shares?" The simple answer is: AUM increased. Vanguard can lower the expense ratios of their funds either by reducing the costs of running their business (unlikely to resul...
by Silence Dogood
Mon Jan 13, 2020 8:21 pm
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1992

Re: Minimum investment to buy mutual funds

They should go to Fidelity or Schwab. Excellent idea. Keeps costs lower at Vanguard. Done. :sharebeer Costs for apples to apples products are lower at Fidelity/Schwab though. Not by a lot, but are still lower. They should go to Fidelity or Schwab. Excellent idea. Keeps costs lower at Vanguard. Done...
by Silence Dogood
Mon Jan 13, 2020 7:49 pm
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1992

Re: Minimum investment to buy mutual funds

EDIT: One more thing, keep in mind that Vanguard dropped the Investor Class shares that were like 9 or 15 bps. I honestly do not remember so don't roast me. But, you definitely would remember when it was Admiral and Investor classes and then one-day.... no more investor class and account minimums d...
by Silence Dogood
Mon Jan 13, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1992

Re: Minimum investment to buy mutual funds

EDIT: One more thing, keep in mind that Vanguard dropped the Investor Class shares that were like 9 or 15 bps. I honestly do not remember so don't roast me. But, you definitely would remember when it was Admiral and Investor classes and then one-day.... no more investor class and account minimums d...
by Silence Dogood
Mon Jan 13, 2020 6:45 pm
Forum: Personal Investments
Topic: 25x-50x living expenses?
Replies: 104
Views: 10231

Re: 25x-50x living expenses?

So when you rollover a Roth 401k to a Roth IRA, does the custodian of the Roth 401k alert the new custodian as to how much of the account is the holder's contributions? If not, do you have to keep records of all of your Roth 401k contributions so that you can withdraw them after the funds are rolle...
by Silence Dogood
Mon Jan 13, 2020 5:56 pm
Forum: Personal Investments
Topic: 25x-50x living expenses?
Replies: 104
Views: 10231

Re: 25x-50x living expenses?

So when you rollover a Roth 401k to a Roth IRA, does the custodian of the Roth 401k alert the new custodian as to how much of the account is the holder's contributions? If not, do you have to keep records of all of your Roth 401k contributions so that you can withdraw them after the funds are rolle...
by Silence Dogood
Mon Jan 13, 2020 5:49 pm
Forum: Personal Investments
Topic: 25x-50x living expenses?
Replies: 104
Views: 10231

Re: 25x-50x living expenses?

So when you rollover a Roth 401k to a Roth IRA, does the custodian of the Roth 401k alert the new custodian as to how much of the account is the holder's contributions? If not, do you have to keep records of all of your Roth 401k contributions so that you can withdraw them after the funds are rolle...
by Silence Dogood
Sun Jan 12, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1992

Re: Minimum investment to buy mutual funds

OP, A simplified example: Vanguard Total Stock Market Index Admiral (VTSAX) has an expense ratio of 0.04%. An investor named Alice has $3,000 invested in this fund. Vanguard makes $1.20 a year off of her investment (3000 x 0.0004). An investor named Bob has $300,000 invested in this fund. Vanguard m...
by Silence Dogood
Sun Jan 12, 2020 8:54 am
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1992

Re: Minimum investment to buy mutual funds

The Vanguard Target Retirement funds also have a $1,000 minimum investment.
by Silence Dogood
Thu Jan 09, 2020 1:00 pm
Forum: Personal Investments
Topic: Vanguard PAS - Do they have me on a reasonable track?
Replies: 33
Views: 2840

Re: Vanguard PAS - Do they have me on a reasonable track?

What I'm wondering is, when markets are crashing, will VPAS have enough advisors to handle a tenfold increase in call volume?
by Silence Dogood
Tue Jan 07, 2020 9:01 pm
Forum: Investing - Theory, News & General
Topic: Why lack of bonds in Target Date Funds?
Replies: 61
Views: 4472

Re: Why lack of bonds in Target Date Funds?

Investing is not a science. I agree. In fact, in my opinion, asset allocation, while extremely important, gets a disproportionate amount of attention compared to the even more important consideration of savings rate . To use a science-inspired metaphor, it's like one of those diagrams that shows ou...
by Silence Dogood
Tue Jan 07, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: Why lack of bonds in Target Date Funds?
Replies: 61
Views: 4472

Re: Why lack of bonds in Target Date Funds?

Lee_WSP wrote:
Tue Jan 07, 2020 10:36 am
They also go against BH philosophy. Even Vanguard TDF are 3-4x the expense ratio of the mutual funds they are made up of.
*Vanguard Target Retirement Funds average expense ratio: 0.12%.
Nonsense.

Keep costs low - an expense ratio of 0.12% to 0.15% is low-cost.
by Silence Dogood
Tue Jan 07, 2020 12:34 am
Forum: Investing - Theory, News & General
Topic: Why lack of bonds in Target Date Funds?
Replies: 61
Views: 4472

Re: Why lack of bonds in Target Date Funds?

TDF's are made for the average person, not a boglehead. :confused I consider myself a Boglehead... My Roth IRA is 100% invested in the Vanguard Target Retirement 2055 fund (VFFVX). It's been that way since I first opened the account - in January 2011 (I was 20). Jack Bogle's Words of Wisdom : "Simp...
by Silence Dogood
Sun Jan 05, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: My Wishlist for Vanguard
Replies: 72
Views: 5405

Re: My Wishlist for Vanguard

occambogle wrote:
Sun Jan 05, 2020 2:25 pm
LazyNihilist wrote:
Sun Jan 05, 2020 12:52 pm
[*]Create ETF's for LifeStrategy and TargetDate funds.
Is there some reason these don’t exist already?
See this thread.
by Silence Dogood
Sun Jan 05, 2020 10:31 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

....For prospective I used to work in mutual fund accounting and more used to looking at this from the fund’s perspective than from a small retail account prospective. You may not care about 1 bps, but The major fund do.... Perhaps you are missing the perspective of the average mutual fund investor...
by Silence Dogood
Sun Jan 05, 2020 10:19 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

I guess I should care more about a bp or 2 difference in ER than I do about whether I buy milk for $1.59 per gallon at Meijer or $2.19 per gallon at Costco but I, illogically, do the opposite. It is not that, but.... I personally feel very strongly that manually transmissions are much more cost eff...
by Silence Dogood
Sat Jan 04, 2020 11:36 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

VTSAX - expense ratio: 0.04% VTI - expense ratio: 0.03% Isn't a 1 basis point difference inconsequential? No, A 25% reduction in expenses is very consequential. It may not mean much to you, but it is a massive difference on Vanguard’s side. Index funds are a low cost commodity where funds can only ...
by Silence Dogood
Sat Jan 04, 2020 11:37 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Well, if the result of doing this is that there is a bigger gap between the ER of the Admiral shares and the ETFs, then it would encourage people to go to the ETF. VTSAX - expense ratio: 0.04% VTI - expense ratio: 0.03% Isn't a 1 basis point difference inconsequential? Doesn't that amount to $100 p...
by Silence Dogood
Sat Jan 04, 2020 9:45 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

I did not click on every ETF on this list but looked at a bunch and all I checked that started before before 2017 have both ETF and mutual fund class shares and none after. Vanguard got a new CEO in 2018. Coincidence? Well, I just checked - it was November 2018 when Vanguard lowered the admiral sha...
by Silence Dogood
Fri Jan 03, 2020 7:09 pm
Forum: Personal Investments
Topic: Roth IRA what’s a good option right now
Replies: 13
Views: 1143

Re: Roth IRA what’s a good option right now

OP,

Judging by your post history, it looks like you haven't been able to settle on a coherent investment strategy.

I strongly suggest that you consider a Vanguard Target Retirement fund and focus on your savings rate.
by Silence Dogood
Fri Jan 03, 2020 2:36 pm
Forum: Personal Investments
Topic: Roth IRA what’s a good option right now
Replies: 13
Views: 1143

Re: Roth IRA what’s a good option right now

I would not recommend investing in individual stocks - too risky (especially if this is for your retirement).

Instead of TSLA, consider VTIVX.
by Silence Dogood
Wed Jan 01, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: Do CDs *ever* keep up with inflation?
Replies: 66
Views: 4604

Re: Do CDs *ever* keep up with inflation?

willthrill81 wrote:
Tue Dec 31, 2019 6:41 pm
Silence Dogood wrote:
Tue Dec 31, 2019 6:39 pm
Why invest in stocks if you can buy a CD at 13.602% interest?
A lot of people back then didn't buy stocks, which is why the Shiller CAPE ratio was only 7.39 in January of 1982, it's lowest value since 1922.
That makes perfect sense.
by Silence Dogood
Tue Dec 31, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: Do CDs *ever* keep up with inflation?
Replies: 66
Views: 4604

Re: Do CDs *ever* keep up with inflation?

nisiprius wrote:
Mon Dec 30, 2019 8:53 pm
Here's a 1982 CD showing a 13.602% interest rate.

Image
It's difficult for me to imagine this. I've never had a deposit account even pay 3% interest.

Why invest in stocks if you can buy a CD at 13.602% interest?
by Silence Dogood
Tue Dec 31, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

PortfolioVisualizer isn't showing "investor returns." The phrase "investor returns" means the average dollar-weighted returns that were, collectively, made by actual investors in the fund or ETF, taking inflows and outflows into account. The numbers usually shown are "fund returns" which are the hy...
by Silence Dogood
Mon Dec 30, 2019 10:07 pm
Forum: Investing - Theory, News & General
Topic: Do CDs *ever* keep up with inflation?
Replies: 66
Views: 4604

Re: Do CDs *ever* keep up with inflation?

Do CDs ever keep up with inflation? I bought a 14-month CD at 2.9% APY at the end of December 2018. So far, it has not only kept up with, but has actually exceeded inflation. So, yes. :moneybag Not after taxes. 2.1% after-tax yield. So far, after taxes, keeping up with, but perhaps not exceeding, i...
by Silence Dogood
Mon Dec 30, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: Do CDs *ever* keep up with inflation?
Replies: 66
Views: 4604

Re: Do CDs *ever* keep up with inflation?

heybro wrote:
Mon Dec 30, 2019 6:41 pm
What are investments other than equities that will actually keep up with inflation even if just sometimes?
Bonds and cash (if kept in high-yield savings account).

Are you concerned about higher-than-expected inflation?

If so, TIPS and Series I Savings bonds.
by Silence Dogood
Mon Dec 30, 2019 8:08 pm
Forum: Investing - Theory, News & General
Topic: Do CDs *ever* keep up with inflation?
Replies: 66
Views: 4604

Re: Do CDs *ever* keep up with inflation?

heybro wrote:
Mon Dec 30, 2019 6:41 pm
Do CDs ever keep up with inflation?
I bought a 14-month CD at 2.9% APY at the end of December 2018.

So far, it has not only kept up with, but has actually exceeded inflation.

So, yes. :moneybag
by Silence Dogood
Mon Dec 30, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: yet another reason not to get a smart phone
Replies: 192
Views: 15883

Re: yet another reason not to get a smart phone

Apart from Bogleheads, I don't use social media.

In addition to better privacy, I get the sense that I am happier (in general) because of it.
by Silence Dogood
Mon Dec 30, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
Replies: 141
Views: 13277

Re: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.

Silence, you make a fair point. My Gen Z kid does have trial accounts at Wealthfront and Schwab, but he prefers Vanguard and his investment strategy is about as old school as it gets: Vanguard STAR fund. Perhaps he values the fund’s authenticity I think that Vanguard should do a better job promotin...
by Silence Dogood
Sun Dec 29, 2019 7:18 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

I think that costs are less important than investor returns. Is there any data that shows how ETF investors do compared to mutual fund investors? https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initia...
by Silence Dogood
Sun Dec 29, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
Replies: 141
Views: 13277

Re: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.

So the CEO stated just a few weeks ago in response to a question about free trades, “We go for a different investor,” he told Barron’s in mid-November. “We’ve made the choice not to provide all the services for people who want to churn and burn their account.” Now apparently free trades are right a...
by Silence Dogood
Sun Dec 29, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
Replies: 141
Views: 13277

Re: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.

abuss368 wrote:
Fri Dec 27, 2019 4:36 pm
There were threads a few years ago about some folks receiving survey's from Vanguard to start a bank. I believe there are articles if you search online that show Vanguard was/is exploring the possibility.
It's like - déjà vu - all over again.

:wink: :beer
by Silence Dogood
Sun Dec 29, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Suggestions of literal "phasing out" seem wildly premature to me. ... Here's another reason to doubt any "phasing out." ... And here's another reason to doubt this narrative. In 2009 (ten years ago), VTSAX* (Vanguard Total Stock Market Admiral) had a $59,945 (in 2019 dollars) minimum with a 0.07% e...
by Silence Dogood
Sun Dec 29, 2019 11:55 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

As low cost zealots we should embrace ETFs and abandon mutual funds. I'm a low-cost zealot but I'm not a puritanical low-cost zealot. :wink: In fact, my Roth IRA is 100% invested in a Vanguard Target Retirement fund, even though I know I could buy the individual funds cheaper. I prefer simplicity. ...
by Silence Dogood
Sun Dec 29, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Could the push for ETF be related to the dual share class structure? My (very limited) understanding is vanguard can eliminate unrealized mutual capital gains by pushing it to its ETF counterpart. And maybe they need a continued supply of new ETF buyers to create new units to offload the capital ga...
by Silence Dogood
Sun Dec 29, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Part of me even wonders if Vanguard wants out of the brokerage business entirely. I’m sure they’d love for us all to hold their funds elsewhere. Gets them out of providing that pesky customer service. Exactly, when was the last time anyone called Blackrock or State Street for customer service? Vang...
by Silence Dogood
Sun Dec 29, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Why would an investor at Fidelity choose a Vanguard ETF over a Fidelity zero-cost mutual fund? It's hard to imagine that Fidelity and Schwab won't eventually nudge people (carrots and sticks) to use their own funds. In a taxable account, for myself, I would probably go with ETFs if I was not at Van...
by Silence Dogood
Sun Dec 29, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Part of me even wonders if Vanguard wants out of the brokerage business entirely. I’m sure they’d love for us all to hold their funds elsewhere. Gets them out of providing that pesky customer service. Exactly, when was the last time anyone called Blackrock or State Street for customer service? Vang...
by Silence Dogood
Sun Dec 29, 2019 12:20 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

Costs matter. Costs matter a lot. Costs matter so much that it's the first thing I notice about a fund.

But small differences in costs? A few basis points? It just doesn't matter much.

I prefer mutual funds over ETFs.
by Silence Dogood
Sat Dec 28, 2019 11:52 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

As the previous poster pointed out - Buckley gave an interview on Bloomberg with Barry Ritholz and said ETFs are cheaper for VG and thus are cheaper for VG investors than mutual funds. ETFs are less costly to administer and thus provide investors more savings. Not my opinion but those of the CEO in...
by Silence Dogood
Sat Dec 28, 2019 11:41 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9528

Re: Vanguard phasing out regular mutual fund shares?

MnD wrote:
Sat Dec 28, 2019 7:04 pm
I did not click on every ETF on this list but looked at a bunch and all I checked that started before before 2017 have both ETF and mutual fund class shares and none after.
Vanguard got a new CEO in 2018.

Coincidence?
by Silence Dogood
Sat Dec 28, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: yet another reason not to get a smart phone
Replies: 192
Views: 15883

Re: yet another reason not to get a smart phone

Tangentially related, I recommend using the Signal messaging app.

I have it set as my default SMS application.
by Silence Dogood
Fri Dec 27, 2019 7:45 pm
Forum: Personal Investments
Topic: Input on idea to invest funds needed in 3 years
Replies: 20
Views: 1516

Re: Input on idea to invest funds needed in 3 years

If you will truly need this money in 3 years, then I don't think you should invest it in the stock market (too risky).

Instead, I'd recommend investing this money in a government-insured savings account or certificate of deposit.

Remember, risk and reward go hand in hand.