Search found 647 matches

by EyeYield
Mon Nov 26, 2012 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: transferring retirement account to a new broker
Replies: 23
Views: 2406

Re: transferring retirement account to a new broker

retired wrote: I know that the Thornburg fund has a front load of 3.5% and a very high 1.21% expense ratio but it also is paying a 6% dividend.
Isn't the front load 4.5%?
by EyeYield
Sat Nov 24, 2012 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor [use Ric Edelman?]
Replies: 40
Views: 14979

Re: Financial Advisor [use Ric Edelman?]

Also, welcome! For the members, I found an article that details this advisor: The Truth About Ric Edelman - it's from a financial advisor website. Note that the article mentions this forum. Consider whether you need the services of a financial advisor (which includes financial planning), or just so...
by EyeYield
Tue Nov 20, 2012 8:52 pm
Forum: Personal Consumer Issues
Topic: POLL: Would you buy an overpriced Boglehead tee-shirt?
Replies: 45
Views: 3120

Re: POLL: Would you buy an overpriced Boglehead tee-shirt?

I'm a tee shirt junkie for not available in stores tee shirts. Whatever gets made, I'll buy one :sharebeer
by EyeYield
Mon Nov 19, 2012 2:59 pm
Forum: Investing - Theory, News & General
Topic: Fund Fees
Replies: 10
Views: 846

Re: Fund Fees

EyeYield, you're correct, trading costs are not part of the expense ratio. Am I the only one who is surprised by this? That's nuts. I didn't realize this until I read "Clash". In fact I learned more about the entire mutual fund industry, after reading that book, than I had previously known in total...
by EyeYield
Mon Nov 19, 2012 2:32 pm
Forum: Investing - Theory, News & General
Topic: Fund Fees
Replies: 10
Views: 846

Re: Fund Fees

When referring to trading costs, I was more interested in costs associated with turnover, ie trading within the fund (not much with index funds). Correct me if I'm wrong, but I don't think those costs are part of expense ratios. EyeYield, you're correct, trading costs are not part of the expense ra...
by EyeYield
Mon Nov 19, 2012 2:23 pm
Forum: Investing - Theory, News & General
Topic: What is the academic literature against the bogleheads?
Replies: 90
Views: 7726

Re: Re:

There are things that reasonable people are in agreement about: -Passive beats active -costs matter alot -This can be done without an advisor -tax mangement of a portfolio is important Sorry, I must disagree with item #3.Mr. Bogle has stated that nearly half of all individual investors can benefit ...
by EyeYield
Mon Nov 19, 2012 1:26 pm
Forum: Investing - Theory, News & General
Topic: Fund Fees
Replies: 10
Views: 846

Re: Fund Fees

Thanks retiredjg. When referring to trading costs, I was more interested in costs associated with turnover, ie trading within the fund (not much with index funds).
Correct me if I'm wrong, but I don't think those costs are part of expense ratios. And thanks for the 12b-1 link - informative.
by EyeYield
Mon Nov 19, 2012 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: EE Bonds as part of a retirement strategy?
Replies: 38
Views: 4205

Re: EE Bonds as part of a retirement strategy?

I started buying EE's on a monthly basis in 1983, when the yield was 4%, and continued through 1994ish, when the rate became variable. The final maturity on the first one is 2013. I plan to cash them in on a monthly basis as they reach their final maturity, hoping to avoid a huge tax bill in any one...
by EyeYield
Mon Nov 19, 2012 12:16 pm
Forum: Investing - Theory, News & General
Topic: Fund Fees
Replies: 10
Views: 846

Re: Fund Fees

The expense ratio is the cost of running the fund . The expense ratio definitely does not include trading fees or transaction fees. It does not include marketing. Bookkeeping fees? I'm not sure. If you mean bookkeeping fees for a 401k or other plan, those would not be included. I would think that b...
by EyeYield
Sun Nov 18, 2012 7:56 pm
Forum: Investing - Theory, News & General
Topic: Fund Fees
Replies: 10
Views: 846

Fund Fees

While reading "Clash", I came upon something that I'm not sure I understand, so maybe someone can set me straight. Mr. Bogle talks about being skeptical about a "recent regulatory proposal that would apply cost-accounting processes to the allocation of fund expenses among investment costs, administr...
by EyeYield
Fri Nov 16, 2012 12:45 am
Forum: Investing - Theory, News & General
Topic: My thoughts on the [current market] in a nutshell ...
Replies: 42
Views: 4775

Re: My thoughts on the Fiscal Cliff in a nutshell ... [Image

During 2008/9 I buried my head in the sand, didn't open my statements and watched a lot of Andy Griffith reruns. Warm and fuzzy all the way. I had a lot of drip's then and the reinvestments bought me a lot of shares cheap, thus cost averaging. Since then I have transferred most of my drip's to my br...
by EyeYield
Thu Nov 15, 2012 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: After the Election, the Stock Market has been Diving
Replies: 35
Views: 3957

Re: After the Election, the Stock Market has been Diving

The market breathes, it always has. Now probably more psychological than ever before, due to mass media hype that sells advertising for discount brokerages. If you're set in your investments and are well balanced, ignore it. If you're in rebalancing mode, like I am, take advantage of it. Many equiti...
by EyeYield
Mon Nov 12, 2012 2:34 pm
Forum: Investing - Theory, News & General
Topic: How to profit from legalization in WA and CO?
Replies: 24
Views: 2566

Re: How to profit from legalization in WA and CO?

I would caution anyone making an investment in this type of product to consider the Peter Lynch mantra, "Invest in what you know".

I think Tommy Chong said it best when he said, "like wow man!"
by EyeYield
Sun Nov 11, 2012 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: First Vanguard Entry
Replies: 7
Views: 1120

Re: First Vanguard Entry

Cash wrote:VEU doesn't have small caps; VXUS does. VXUS is the recommended fund these days.
As mentioned, I do have a small International Small Cap in my IRA, so I was looking for something that I had zero of to get started.
by EyeYield
Sun Nov 11, 2012 2:20 pm
Forum: Investing - Theory, News & General
Topic: Is asking about individual stocks frowned upon?
Replies: 37
Views: 3242

Re: Is asking about individual stocks frowned upon?

All really good advice given here, and I've learned to come over to the Bogleheads way of thnking, as I'm reblancing my portfolio in that direction, "But common stocks remain a perfectly viablle - and necessary - investment option for long term retirement savings." ~ John Bogle
by EyeYield
Fri Nov 09, 2012 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: How do I make sure proper amount was transferred?
Replies: 6
Views: 923

Re: How do I make sure proper amount was transferred?

Yes, there was an exit fee of $95.00. I did not find out if my exit balance and my entrance balance were not the same. Should I be worried? I know Fidelity made mistakes. Thanks, now I know what to expect. I don't know what you're exact situation is, but if you had 100 shares of xyz stock before th...
by EyeYield
Thu Nov 08, 2012 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: First Vanguard Entry
Replies: 7
Views: 1120

Re: First Vanguard Entry

Why not FTSE All-World ex-US (VEU)? Smaller in size fund than VXUS, but outperforming. It also won't overlap with your domestic funds. I have a mix of emerging markets and developed markets, but the latter one is not offered as ETF That was on my list, don't know how it got omitted in my original p...
by EyeYield
Thu Nov 08, 2012 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: First Vanguard Entry
Replies: 7
Views: 1120

Re: First Vanguard Entry

VT is obviously the answer unless you're game for re-balancing between developed and emerging markets or even regions. I personally hold VWO and VEA (as well as VSS) for just such a purpose, as well as over-weighting emerging and small-cap international stocks. As for the high-yield bond fund, were...
by EyeYield
Thu Nov 08, 2012 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: First Vanguard Entry
Replies: 7
Views: 1120

First Vanguard Entry

I have no International or Emerging Markets in my portfolio. Except for a small International Small Cap in my IRA, I'm all in US stocks and bonds, mostly large and mid cap; with some global bonds. During the last few months, I've trimmed some of my over weights and have cash for some rebalancing. I ...
by EyeYield
Tue Nov 06, 2012 7:21 pm
Forum: Investing - Theory, News & General
Topic: Investment newsletters are dangerous
Replies: 6
Views: 1410

Re: Investment newsletters are dangerous

top-ranked timing system
Mike Tyson? Even he was only reliable for a decade. :happy
by EyeYield
Tue Nov 06, 2012 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Planning For Atypical Investor
Replies: 18
Views: 1963

Re: Portfolio Planning For Atypical Investor

I already had an account at Fidelity, where I have my IRA and have always done my basic trading, the incentive is just a happenstance of timing. My core account is at a full service brokerage and I need to rebalance it, but their fees are prohibitive, so I'm just going to transfer all holdings befor...
by EyeYield
Mon Nov 05, 2012 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Planning For Atypical Investor
Replies: 18
Views: 1963

Re: Portfolio Planning For Atypical Investor

I'm hesitant to do one big sell-off. As a protective measure, my mother would always do her investing in stages rather than one big lump sum.. (I.e move 10k per month for 10 months rather than 100k at once). This seems more sensible to me. Any pros or cons for doing it this way instead? Jessica, I ...
by EyeYield
Sun Nov 04, 2012 12:21 am
Forum: Investing - Help with Personal Investments
Topic: 18 years old. Opening up a RothIRA.
Replies: 40
Views: 2885

Re: 18 years old. Opening up a RothIRA.

jerdev, if you want to build wealth, start with a core account. The three fund portfolio would be a good way to start and you can always add from there. Do it for life. As far as day trading, consider it a hobby with less than one percent of your cash. If you insist on trading Options, know that the...
by EyeYield
Mon Oct 29, 2012 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: 18 years old. Opening up a RothIRA.
Replies: 40
Views: 2885

Re: 18 years old. Opening up a RothIRA.

Anyways, here are my DRiP options. [from most favored] 1. CYE 2. DSU 3. OHI 4. GAB 5. NNN 6. O 7. SDY [although im not sure if this is available for DRiP because this is an ETF] I was born and raised on DRIP's and still have my original stock certificates from the 1960's, so let me just chime in fo...
by EyeYield
Sun Oct 28, 2012 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Promo: $1200 to give up SIPC for 9 Mos
Replies: 18
Views: 2639

Re: Fidelity Promo: $1200 to give up SIPC for 9 Mos

If I were already toying with the idea of consolidation, and were almost ready to do it anyway, then, yes, $1,200 would be enough motivation to convince me to do it now rather than at some other time.
I was about to do this anyway, so lucky timing does happen sometimes. :happy
by EyeYield
Sat Oct 27, 2012 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: What does it feel like to have $1M+ liquid?
Replies: 126
Views: 15746

Re: What does it feel like to have $1M+ liquid?

It feels like responsibility, just like any other amount of hard earned dollars that's invested.
by EyeYield
Wed Oct 24, 2012 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: How do I make sure proper amount was transferred?
Replies: 6
Views: 923

Re: How do I make sure proper amount was transferred?

If this was a close out of your MSSB account, I'd be interested if there was an exit fee and if so, how much?
Thanks,
by EyeYield
Mon Oct 22, 2012 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Fees for Morgan Stanely Smith Barny?
Replies: 30
Views: 15629

Re: Fees for Morgan Stanely Smith Barny?

Update: I've talked to Fidelity and they will give me free trades for a long time - 200 the first year, then more the next. I don't think I'm paying any Wrap fees or year percentages at MSSB, just a 2.75 trade fee - highly unreasonable, if you ask me. Supposedly their lowest rate :oops: As to the FB...
by EyeYield
Wed Oct 17, 2012 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Individual Stocks
Replies: 63
Views: 5912

Re: Individual Stocks

FYI - Use morningstar charts... They show reinvested dividends. Yahoo charts are terrible. Thanks for the tip. Agreed, yahoo's not too good, the yield percentages are usually way off. So Morningstar does this automatically? I don't see an option to add it, so I'll assume it does. It wouldn't save t...
by EyeYield
Wed Oct 17, 2012 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Individual Stocks
Replies: 63
Views: 5912

Re: Individual Stocks

Very interesting information I'm gathering here. Out of curiosity, I charted my first holdings against VTSMX and here are the basic results: http://finance.yahoo.com/echarts?s=VTSMX+Interactive#symbol=vtsmx;range=19701015,20121015;compare=aep+ibm+hon+ba+ko+xom;indicator=volume;charttype=area;crossha...
by EyeYield
Thu Oct 11, 2012 7:55 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Re: Bogle Books

EyeYield wrote: My bride lived on 128 street in North Miami. She was 1959 Orange Bowl Theme Girl. We've been married 61 years and I think she's as lovely as ever. Best wishes. Taylor By chance is she a North Miami Sr High alumni? I was on 146 St NW. 13th Road I bet she remembers Latta's on NW 7th a...
by EyeYield
Thu Oct 11, 2012 5:14 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Re: Bogle Books

EyeYield: I would read Mike Piper's "Can I Retire" first and then try the "Boglehead Guide to Retirement Planning". Two solid reads. And I note that our esteemed colleague, Taylor Larimore, is fast approaching his 16,000th post :sharebeer . How does he do it??? Shawcroft I ordered "Can I Retire" wi...
by EyeYield
Thu Oct 11, 2012 1:22 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Re: Bogle Books

Taylor Larimore wrote: You are in for a treat!

Best wishes.
Taylor
That's what I wanted to hear.

(Miami huh? I grew up there.)
by EyeYield
Thu Oct 11, 2012 12:15 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Re: Bogle Books

Thanks so much everyone! So much reading, so little retirement time. :mrgreen: Those excerpts are priceless, a testament to just how valuable all the books are. I'll start with the first recommendation "Can I Retire" and work my way through. Can't wait to get Clash of the Cultures though. EyeYield:...
by EyeYield
Wed Oct 10, 2012 8:18 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Re: Bogle Books

Thanks so much everyone! So much reading, so little retirement time. :mrgreen:
Those excerpts are priceless, a testament to just how valuable all the books are.
I'll start with the first recommendation "Can I Retire" and work my way through.
Can't wait to get Clash of the Cultures though.
by EyeYield
Wed Oct 10, 2012 2:07 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Re: Bogle Books

Thanks everyone. Considering that I'm retired now (or at least pretending I am) and am just in the process of rebalancing, would someone like to break the current three way tie? Not a big deal really, I'm sure there's helpful info in all of them.

Thanks,
by EyeYield
Tue Oct 09, 2012 8:47 pm
Forum: Investing - Theory, News & General
Topic: Bogle Books
Replies: 23
Views: 2074

Bogle Books

After joining this forum a couple of weeks ago and seeing Mr. Bogle on CNBC, I'm going to buy his new book, The Clash of the Cultures, it looks interesting. I noticed there are many other boglehead books on amazon. For someone who's trying to retire now (@61), what other single book would you recomm...
by EyeYield
Fri Oct 05, 2012 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: And I'm Outta There (almost) [Moving to Vanguard]
Replies: 25
Views: 1811

Re: And I'm Outta There (almost) [Moving to Vanguard]

Just before market close, I sold 4 of the 6 equities I owned. I'm not a big or frequent trader in the market, so you can imagine how I felt when I learned MSSB was charging $100 per trade. $400 total! I quickly found my way to this site and read for an hour or so. I became familiar with the general...
by EyeYield
Thu Oct 04, 2012 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Any regrets moving from a active manager to passive indexing
Replies: 52
Views: 5866

Re: Any regrets moving from a active manager to passive inde

This was all explained by a confidant, well dressed gentleman in a quiet, nicely carpeted conference room, at a well polished conference table. Correct, and I'll miss those things, but not as much as the butt to die for receptionist, who always manages to walk in front of her desk and bend over whi...
by EyeYield
Thu Oct 04, 2012 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Any regrets moving from a active manager to passive indexing
Replies: 52
Views: 5866

Re: Any regrets moving from a active manager to passive inde

Active management is about meeting your adviser's financial goal Exactly! I'm new here, but I'm really glad I found this place, because if nothing else I've been able to verify many of my long held beliefs. Being a long time buy and hold investor, very rarely trading, I needed to rebalance a very o...
by EyeYield
Tue Oct 02, 2012 12:54 am
Forum: Investing - Help with Personal Investments
Topic: How to educate kids about investments
Replies: 23
Views: 1768

Re: How to educate kids about investments

I cashed in most of my shares Fifo, so they got the most recently purchased shares and I made them aware of the tax consequences. I only gave them one share each, so the parents wouldn't have to purchase the minimum, so it won't be much.
by EyeYield
Mon Oct 01, 2012 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to educate kids about investments
Replies: 23
Views: 1768

Re: How to educate kids about investments

Why not start them with a DRIP or two? That's what my mother did for me when I was a preteen and I've only recently rolled most of them over into my brokerage account. I've recently begun to gift shares to my friends kids, in hopes that they may get interested in investing. It can be kind of cool fo...
by EyeYield
Fri Sep 21, 2012 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Retire?
Replies: 8
Views: 2115

Re: Can I Retire?

Thanks for the responses. @dmcmahon - Thanks for taking the time for such a detailed response. I'm aware, even paranoid, about inflation, so it's very much in my focus. Most of my stocks have a strong and steady history of paying and increasing dividends and while that's no guarantee that they'll ke...
by EyeYield
Thu Sep 20, 2012 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Retire?
Replies: 8
Views: 2115

Can I Retire?

I did an experiment this past year (ending 9/1/2012) to see if I could live off my dividends, sort of a trial retirement year, and it was close, but I made it. That was a year with no home improvements or insurance deductibles, ie, no emergencies = easy year :beer I'm 60, trial retired, with no pens...
by EyeYield
Wed Sep 19, 2012 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fees for Morgan Stanely Smith Barny?
Replies: 30
Views: 15629

Re: Fees for Morgan Stanely Smith Barny?

Well of course they might and I negotiate everything all the time, just wanted to see what you might have to offer. My ultimate negotiating question will be to ask them (him) if there's a fee for transferring my account to another brokerage. That's all I plan on saying, I'll let you know how it goes...
by EyeYield
Wed Sep 19, 2012 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Fees for Morgan Stanely Smith Barny?
Replies: 30
Views: 15629

Re: Fees for Morgan Stanely Smith Barny?

@Default User BR - I'm fine with the $8 per trade I have with Fidelity, even though I know I could do better. @livesoft - How could I justify asking for that? I mean an argument that won't cause them to burst out laughing? If this helps, I'm currently at about 50% stocks, 25% mutual funds, 12% fixed...
by EyeYield
Tue Sep 18, 2012 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Fees for Morgan Stanely Smith Barny?
Replies: 30
Views: 15629

Re: Fees for Morgan Stanely Smith Barny?

Hi, I found this page while looking to see if anyone has negotiated their fees with MSSB. I'm wondering if I should try to get a better deal. Here's where I'm coming from. I started investing with drips before I was 12 due to my mother's insistence that I learn how to save (thanks mom) -hated it the...