Search found 115 matches

by GLState
Mon Apr 17, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 8426

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

PDBZX, Prudential Total Return Bond Fund, is a class Z fund. It is likely only available in 401K. You would have to buy the A shares or other class (B,C,?) of the fund outside of a 401k. A shares have a 4.5% front end load. I owned PDBZX for a many years in my 401k. It was the best choice, but I wou...
by GLState
Sat Apr 15, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: Is there any reason a buy-and-hold investor would buy gold?
Replies: 121
Views: 8472

Re: Is there any reason a buy-and-hold investor would buy gold?

Yes there are reasons for long-term investors to buy gold. Search the forum for Permanent Portfolio for one point of view. Go to the Portfolio Visualizer website and create a 60/40 stock/bond portfolio and a 50,40,10 stock/bond/gold portfolio. You'll find that the addition of gold will give a bit be...
by GLState
Wed Apr 12, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 245
Views: 188886

Re: A time to EVALUATE your jitters

Investing in Japan would only have been "fatal" if we invested our total wealth at the very high. Looking only at previous highs on charts gives a false impression of what an investor would actually experience. Look at the chart of the Nikkei and imagine investing 5% of our pay every week over the l...
by GLState
Fri Mar 31, 2017 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Quandary of ML Stock Picker vs. VTSMX or VFINX
Replies: 16
Views: 1415

Re: Quandary of ML Stock Picker vs. VTSMX or VFINX

Here is a link to the 2008 Standard & Poors SPIVA report mentioned by Taylor... http://www.spindices.com/documents/spiva/spiva-us-year-end-2008.pdf "The belief that bear markets favor active management is a myth. A majority of active funds in eight of the nine domestic equity style boxes were outper...
by GLState
Fri Mar 31, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Schwab offering .03% ER
Replies: 75
Views: 4803

Re: Schwab offering .03% ER

I wouldn't select a broker on the basis of a difference in an expenses ratio of .02%. I was a Schwab customer in the 80's and I liked them, but they began to discourage investors with accounts less than 50K, so I transferred that account to Vanguard. Low costs seem to be part of Vanguard's "personal...
by GLState
Thu Mar 23, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Advice investing in index funds
Replies: 9
Views: 1175

Re: Advice investing in index funds

VTSMX has a $3000 minimum investment requirement. One of Vanguard's Target Date funds, which have a minimum investment of $1000, would be a good choice for a first investment. Or, instead of VTSMX, you could purchase the equivalent ETF, VTI, but would have to pay a commission of $5-$10, depending on...
by GLState
Thu Mar 16, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: Vegetable Gardening - seeds vs seedlings?
Replies: 29
Views: 3196

Re: Vegetable Gardening - seeds vs seedlings?

A lot depends on the scale. It makes little sense to buy a packet of seeds for 3 or 4 bucks to get 100 seeds when you only need 3 or 4 plants that cost 3 or 4 bucks. You don't say what facilities you have to grow seeds ....you need heat and lots of light and quite a bit of room. It also depends on t...
by GLState
Wed Mar 08, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Should I be distributed throughout the Style Map?
Replies: 6
Views: 511

Re: Should I be distributed throughout the Style Map?

First determine the type of portfolio that you want, then buy funds that fit this preference. Don't just choose a different style box with each purchase...you'll end up with a hodgepodge of funds with no direction. Understand what the style box is saying....buying a value and a growth fund results i...
by GLState
Sat Feb 25, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Bogleheads' Philosophy a Generalization?
Replies: 55
Views: 3966

Re: Bogleheads' Philosophy a Generalization?

[/quote] Does this apply to Vanguard funds such as Wellesley Income Fund?[/quote] Wellesley is just another mutual fund...it is subject to forces that affect other funds. It has performed well in the past, but that doesn't foretell the future. Wellesley has a large allocation toward large-cap divide...
by GLState
Sat Feb 25, 2017 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Bogleheads' Philosophy a Generalization?
Replies: 55
Views: 3966

Re: Bogleheads' Philosophy a Generalization?

That's great information, thanks. The only thing I'd push back on is while "Past performance is not an indicator of future returns" you can find finds that have been beating or matching indexes for lengthy historical periods. It seems if you're willing to review progress annually or such you could ...
by GLState
Fri Feb 24, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: ProShares S&P 500 Dividend Aristocrats ETF - thoughts?
Replies: 32
Views: 3698

Re: ProShares S&P 500 Dividend Aristocrats ETF - thoughts?

Since it's inception in late 2013, NOBL and SPY have performed about the same. There isn't any increased performance or reduced volatility by owning NOBL over SPY. We're not getting anything for the higher expense ratio. SPY NOBL Annualized Return 0.1087235 0.1017161 Annualized Standard Deviation 0....
by GLState
Sun Feb 19, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: I think some criticisim of active management is wrong.
Replies: 22
Views: 2683

Re: I think some criticisim of active management is wrong.

We can all have options but not facts.... study after study shows that managers do not add value after fees in any predictable manner. Curious. Might this also apply to the Wellesley Income Fund and Wellington Fund? j Yes...it applies to the Wellesley and Wellington Funds. Over the past 10 years, y...
by GLState
Sat Feb 18, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Missing my Microsoft Money - any equivalents?
Replies: 34
Views: 6260

Re: Missing my Microsoft Money - any equivalents?

Does anyone know of a program like Microsoft Money that also has an educational component? I'm a recent grad and don't have a lot of experience managing my finances so I'd like to learn more I would suggest downloading the free Microsoft Money Sunset edition. https://www.microsoft.com/en-us/downloa...
by GLState
Thu Feb 16, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Very basic question about fees
Replies: 10
Views: 1197

Re: Very basic question about fees

Expenses are calculated on your balance not your contribution. If you have $10,000 in your account, your expenses would 10,000 * .0033 (.33%) or $33 per year vs. $17/year for the fund charging .0017 (.17%). This is an annual expense....the costs of running the fund.
by GLState
Wed Feb 15, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 2346

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

According to the Vanguard web site, Wellesley has a current 38.6/61.4 ratio of stocks to bonds, so a large share of money not already allocated to Wellesley would go to adding bond funds to get down to a 30/70 ratio. You don't have much leeway to buy stock index funds with a 70% Wellesley portfolio....