Search found 936 matches

by Silence Dogood
Sat Jun 15, 2019 4:27 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

I think that the main concern the OP had is that there is now the perception (reality?) that Vanguard is promoting ETFs over mutual funds.

The OP wanted to know the rationality behind this decision.

I think that his/her concerns could have been addressed more appropriately.
by Silence Dogood
Sat Jun 15, 2019 4:05 pm
Forum: Personal Investments
Topic: Convert my VG mutual funds to ETFs to save basis points?
Replies: 39
Views: 2654

Re: Convert my VG mutual funds to ETFs to save basis points?

tiernado, you've successfully cut through the noise on ETF vs mutual fund shares. If you would save $450 plus per year yes I would switch to ETF share classes. In the taxable account the biggest thing you have to watch is accurate cost basis. Vanguard makes mistakes on cost basis calculations. You'...
by Silence Dogood
Sat Jun 15, 2019 4:03 pm
Forum: Personal Investments
Topic: Convert my VG mutual funds to ETFs to save basis points?
Replies: 39
Views: 2654

Re: Convert my VG mutual funds to ETFs to save basis points?

Just keep in mind that differences in expense ratio will matter less over time as expenses overall decrease. The difference between an expense ratio of 0.25% and 0.50% is significant, but the difference between a 0.01% expense ratio and a 0.005% expense ratio is definitely not significant. Right now...
by Silence Dogood
Sat Jun 15, 2019 7:13 am
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

I think this is a bad analogy. Casinos exist, and I know people will always gamble - but I still don't want one built in my town. If there were one built in my town, I think more people would start to gamble and more people would start to gamble more frequently. I think mine is a pretty good analog...
by Silence Dogood
Fri Jun 14, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

A lot of people cut themselves using kitchen knives. Some even hurt other people with them. That doesn't make kitchen knives "bad". Nor does the fact that some people do stupid things with ETFs make them "bad". I would posit that people that are inclined to make stupid investing decisions have alwa...
by Silence Dogood
Thu Jun 13, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

OP, why do you care what others do? Obviously if one cannot resist temptations, there are many things they should probably avoid. Broken Man 1999 To be fair, there are ETF advocates who seem to be devoted to get everyone to switch over from mutual funds. People should invest in whichever they feel ...
by Silence Dogood
Thu Jun 13, 2019 7:40 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

I do not understand what you are getting at. I am talking about the mechanics of having to understand the differences of limit orders, market orders, etc. I've let my wife manage her own investment accounts. I've helped her learn to make limit orders. I like limit orders. Mutual funds don't support...
by Silence Dogood
Thu Jun 13, 2019 7:25 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

Makes sense. Doesn't Vanguard not offer mutual funds in Canada? It only offers four active mutual funds. It mostly offers index ETFs, including the Asset Allocation ETFs, and some active factor ETFs. I know that Vanguard is, "owned by the funds" (with investors owning the funds, making it effective...
by Silence Dogood
Thu Jun 13, 2019 6:57 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

Supposedly the Vanguard Target Retirement and LifeStrategy (mutual) funds will be switching over to ETFs for their underlying funds. This will be interesting because it will have the benefits of both mutual funds (ease of purchase - (after hours and fractional shares)) and ETFs (lower cost). In Can...
by Silence Dogood
Thu Jun 13, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 9508

Re: The Case Against ETFs

OP, why do you care what others do? Obviously if one cannot resist temptations, there are many things they should probably avoid. Broken Man 1999 To be fair, there are ETF advocates who seem to be devoted to get everyone to switch over from mutual funds. People should invest in whichever they feel ...
by Silence Dogood
Tue Jun 11, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: Vanguard Report - How America Saves 2019
Replies: 7
Views: 1204

Re: Vanguard Report - How America Saves 2019

Most people ignore their 401(k). I have a co-worker who recently asked me if I could help him sign in to his 401(k) account. He had never bothered to access his account in the 4 years he'd been contributing (fortunately my employer auto-enrolls people in). This is not abnormal for many (most?) peopl...
by Silence Dogood
Sat Jun 08, 2019 11:14 am
Forum: Personal Investments
Topic: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?
Replies: 16
Views: 1686

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

FYI, there are now rumors that, within the next couple of years, Vanguard will lower the cost of their Target Retirement funds by using the equivalent ETF share classes for the underlying funds. Schwab's Target Index funds have a similar set up. They use ETFs in their funds. Neat! So I guess that's...
by Silence Dogood
Sat Jun 08, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13801

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

Some time ago (can't remember whether it was a Forbes article I wrote or something I posted here), I made the case for three separate TD funds for each year, since folks often didn't know they were supposed to look under the hood of the various TD funds to find the asset allocation they wanted, rat...
by Silence Dogood
Sat Jun 08, 2019 10:49 am
Forum: Personal Investments
Topic: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?
Replies: 16
Views: 1686

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

OP: Both ThirftyPhD and Silence Dogood are correct. ThirftyPhD gave you the correct answer to your question. Silence Dogood pointed out that if you use admiral shares instead, then you save money. It is a common compliant that Target fund does not have admiral shares. Note that for some funds such ...
by Silence Dogood
Sat Jun 08, 2019 10:35 am
Forum: Personal Investments
Topic: Vanguard Target Retirement Funds - Investor vs Admiral Shares
Replies: 21
Views: 2315

Re: Vanguard Target Retirement Funds - Investor vs Admiral Shares

Does anyone have an idea why Vanguard uses investor shares instead of admiral shares in its target retirement funds? After examining them, I would love to just put my money in a TR fund and let it be. However, the ER is 0.15% compared to VTSAX 0.04% and VFWAX 0.11%. One would think Vanguard would t...
by Silence Dogood
Thu Jun 06, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 86
Views: 16271

Re: Insights from Vanguard

newcollegeman wrote:
Thu Jun 06, 2019 7:26 pm
Silence Dogood,

Yes, you have said it better than I.

newcollegeman
Sounds too good to be true!

I hope you're correct.
by Silence Dogood
Thu Jun 06, 2019 6:15 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 86
Views: 16271

Re: Insights from Vanguard

there's a migration over to ETFs inside Target & LifeStrategy expected over the next couple of years. I think what you are saying is that the Vanguard Target Retirement and LifeStrategy funds will remain as mutual funds but will instead invest in ETFs for the underlying funds. This would result in ...
by Silence Dogood
Thu Jun 06, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 86
Views: 16271

Re: Insights from Vanguard

I would be in favor of the existing Target Retirement (mutual) funds starting to invest in the equivalent ETF share classes for the underlying funds.

It would be the best of both worlds: automatic contributions in whole dollars (fractional shares!) with the benefit of lower cost ETFs.
by Silence Dogood
Thu Jun 06, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 86
Views: 16271

Re: Insights from Vanguard

Also, I heard that their Target & LifeStrategy Funds may be moving to ETFs in the next few years, which makes sense in so many ways. Mutual funds will always be there, but adjustments to those all-in-ones that they steward make good sense. Interesting... who did you hear this from? Are you saying t...
by Silence Dogood
Wed Jun 05, 2019 11:23 am
Forum: Personal Investments
Topic: Problem at Vanguard?
Replies: 42
Views: 5307

Re: Problem at Vanguard?

Re: Taylor Larimore response to OP in the thread. The OP asked what would be a reasonable question anywhere in the world except here. Here the orthodoxy is so powerful that the "Dean of the bogleheads" calls the guys reasonable behavior " mind boggling" and it isn't even considered rude or hostile....
by Silence Dogood
Tue Jun 04, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

Unfortunately, I was busier than expected yesterday. However, I did find this post in another thread: Did you make a contribution to the TIRA account for which you received the 5498? If VG includes the year end FMV on a statement in January, they do not have to report the year end value again on a 5...
by Silence Dogood
Mon Jun 03, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

From a lay reading of the Form 5498 instructions (I am not an expert), the instructions (to the custodian) for Form 5498 seem to say that you should get a different Form 5498 for the mutual fund and brokerage IRA accounts, *but only if* some sort of transaction that is required to be reported to th...
by Silence Dogood
Sun Jun 02, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

Maybe you have two 5498s? The more that I think about it, the more that I think I should have two Form 5498s. I think the one I have is accurate, but only for the mutual-fund-only account. It shows that I contributed $5,500 (which I did prior to the transition) and it shows that there is now a $0 b...
by Silence Dogood
Sun Jun 02, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

dodecahedron wrote:
Sun Jun 02, 2019 5:42 pm
Yes. There are non-zero amounts in box 5 in all years.
Thank you for your time.
by Silence Dogood
Sun Jun 02, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Vanguard IRS Form 5498 error

It is often recommended to keep a copy of each Form 5498 indefinitely.

I can imagine my future self being confused by seeing 0 reported in box 5.
by Silence Dogood
Sun Jun 02, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

...You mention a brokerage and mutual fund version of Form 5498. Did you receive two versions of Form 5498 for 2018? Did you transition from a mutual-fund-only account to a brokerage account last year? I only received a 5498 for my IRA Brokerage account in the mail, but there are THREE versions onl...
by Silence Dogood
Sun Jun 02, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

I recently posted about errors with my 2018 Form 5498 (https://www.bogleheads.org/forum/viewtopic.php?f=1&t=281326). Perhaps the Moderator can merge these two threads. Of note, I had also transitioned my Rollover IRA from a Mutual Fund to Brokerage account, and had also done a Roth conversion. Vang...
by Silence Dogood
Sun Jun 02, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

dodecahedron wrote:
Sun Jun 02, 2019 1:08 pm
I transitioned a few years ago (not sure exactly which year) but I looked back at all my prior year Vanguard 5498 forms and nothing looks amiss.
Thank you for checking.

So just to be clear, you have an amount in box 5 other than 0.00?
by Silence Dogood
Sun Jun 02, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

livesoft wrote:
Sun Jun 02, 2019 1:08 pm
Maybe you have two 5498s?
I was thinking that might be the case, but it's already June, and I only see one Form 5498 on the Vanguard website for tax year 2018.
by Silence Dogood
Sun Jun 02, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Re: Possible Error by Vanguard on 2018 Form 5498?

Can someone who has also transitioned from a mutual-fund-only account to a brokerage account check to see what their Form 5498 shows?
by Silence Dogood
Sun Jun 02, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRS Form 5498 error
Replies: 21
Views: 1224

Possible Error by Vanguard on 2018 Form 5498?

[Thread merged into here, see below. --admin LadyGeek] Hello Bogleheads, I was just looking over my 2018 Form 5498 that I downloaded from Vanguard's website a few weeks ago. I just realized that box 5* shows 0.00. Of course, my Roth IRA did not have a balance of 0.00 on 12/31/2018. In prior years, ...
by Silence Dogood
Thu May 30, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13801

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

I haven't check with my employer lately but I think the expense ratio for the American Funds was up around 0.78 which seemed pricy to me considering my blended expense ratio for my selected funds was something like 0.16 or something like that. Personally, I think anything over 50 basis points is to...
by Silence Dogood
Thu May 30, 2019 7:57 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 205
Views: 12357

Re: Do others dislike Vanguard's new website as much as me?

One interesting feature is the ability to enter your username and password by phone. I assume you can only use the phone number registered with your account (?), which would make sense from a multi-factor authentication perspective. Telephone entry: Here is the telephone keypad translation of your ...
by Silence Dogood
Wed May 29, 2019 7:35 am
Forum: Investing - Theory, News & General
Topic: How can I check my portfolio as little as possible?
Replies: 69
Views: 3283

Re: How can I check my portfolio as little as possible?

I don't want it to be that east to log in to my brokerage account when I'm feeling very tired ..or worse, inebriated. Accessibility does make it easier to look. In the early days, we had no way to look anyway. In the 80s and much of the 90s there was no internet access to the information. Plus, for...
by Silence Dogood
Tue May 28, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: How can I check my portfolio as little as possible?
Replies: 69
Views: 3283

Re: How can I check my portfolio as little as possible?

I don't trust mobile devices to access financial accounts so I'd be comfortable deleting those apps. What is the basis for this? I would trust an app more than a web browser because the chances of phishing would be substantially reduced. You don't have to enter a password and can use bio metric inf...
by Silence Dogood
Tue May 28, 2019 8:26 pm
Forum: Investing - Theory, News & General
Topic: How can I check my portfolio as little as possible?
Replies: 69
Views: 3283

Re: How can I check my portfolio as little as possible?

I don't trust mobile devices to access financial accounts so I'd be comfortable deleting those apps. What is the basis for this? I would trust an app more than a web browser because the chances of phishing would be substantially reduced. You don't have to enter a password and can use bio metric inf...
by Silence Dogood
Sun May 26, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

I don't understand the "forget gold, just buy bullets and canned beans" argument at all. The economic strife and currency collapses that make gold valuable do not coincide with this type of doomsday-ism. The economy in Germany during the post WW1 hyperinflation saw commerce and day-to-day living co...
by Silence Dogood
Sun May 26, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13801

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

I prefer to limit my international equity exposure to 20% of my equities and I am not interested in international bonds in the portion of my portfolio that I hold for saftey. I know this is not a market cap strategy but I am swayed by Mr. Bogle's suggestion that if you want to hold international to...
by Silence Dogood
Sun May 26, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13801

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

My problem with VG TD funds is that they hold more international equities than I would prefer to own and I prefer not to own any international bonds The Vanguard Target Retirement funds have 40% of the equity allocation invested in Total International Stock Market and 60% of the equity allocation i...
by Silence Dogood
Sat May 25, 2019 10:45 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

:confused

I thought we were talking about gold though...

Regarding emergency supplies, I do think it's a good idea, and I do have some emergency supplies, but it's difficult when living in a small apartment.
by Silence Dogood
Sat May 25, 2019 10:23 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13801

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

I would love to see a list of all the TD changes since inception to make sure I have facts. Here you go. In the years since launching the TR funds, Vanguard has made two significant changes to the funds' asset allocation: gradually increasing and broadening the international exposure in both equiti...
by Silence Dogood
Sat May 25, 2019 10:08 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

If you're safeguarding against catastrophe, you're probably better off holding a % of assets in guns, ammo, and food stores rather than gold. Those are not mutually exclusive options. Are they not? I, like most people, have limited resources. If I spend $5K buying gold as an "apocalypse fund" than ...
by Silence Dogood
Sat May 25, 2019 9:40 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

I don't understand why so many think that gold is only held in preparation for a complete collapse of society and make the argument that it won't be valuable in such a situation. There is middle ground between the economy churning along perfectly and total devastation. Gold serves a purpose in the ...
by Silence Dogood
Sat May 25, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

Some are open to serious discussion and some can't fathom that they could possibly be wrong about gold and make zombie prepper jokes. There are strong arguments both for and against a small allocation to gold. I am influenced by both Bogleheads and the Permanent Portfolio. I have no intention of ma...
by Silence Dogood
Sat May 25, 2019 8:27 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

If you're safeguarding against catastrophe, you're probably better off holding a % of assets in guns, ammo, and food stores rather than gold. Those are not mutually exclusive options. Are they not? I, like most people, have limited resources. If I spend $5K buying gold as an "apocalypse fund" than ...
by Silence Dogood
Sat May 25, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

International Stocks should also work to protect against your own country’s economic collapse, correct? For example if the USD experienced hyperinflation (very unlikely, but hypothetically speaking since we are talking about local economic collapse), would owning International Stocks protect agains...
by Silence Dogood
Fri May 24, 2019 9:42 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 21122

Re: Bogle "5% Gold"

I invest in stocks and bonds only. I consider gold to be a speculative bet with a volatile, real return of 0% (not counting storage and transaction costs). You can buy a Series I Savings bond that will return 0.5% real with no volatility, no storage costs, and no transaction costs. I suppose if I we...
by Silence Dogood
Fri May 24, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13801

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

TD funds and LifeStrategy funds are indeed very similar in their approach to full diversification (mix of domestic and international, skewed towards domestic for both stocks and bonds), all-in-one automatically rebalanced funds, aiming at a set-and-forget philosophy. All of that is great, no discus...
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: 1595

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: 1595

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...