Why not 100% PSLDX?

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drzzzzz
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Re: Why not 100% PSLDX?

Post by drzzzzz »

fmackaw wrote: Wed Jan 06, 2021 6:58 pm Does anyone know if you can purchase additional shares of PSLDX at Fidelity if you already hold it?

i.e. if I transfer my Roth to a different brokerage and buy PSLDX, then transfer it back to Fidelity, would I be able to buy more PSLDX when I contribute next year or would I be stuck with the original allocation?

I ask because all of my accounts are at Fidelity right now, so it'd be convenient to keep it that way if possible.
We are in the process of transferring funds from Vanguard to Fidelity and I have PSLDX in a Roth account at Vanguard - while the initial buy in is high, it's not outrageous like at Fidelity where I recall it is a million dollars. I asked Fidelity if we transfer the shares to them, can we continue to buy additional shares and their response was no - we kept that piece of the account at Vanguard.
fmackaw
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Re: Why not 100% PSLDX?

Post by fmackaw »

drzzzzz wrote: Wed Jan 06, 2021 7:11 pm We are in the process of transferring funds from Vanguard to Fidelity and I have PSLDX in a Roth account at Vanguard - while the initial buy in is high, it's not outrageous like at Fidelity where I recall it is a million dollars. I asked Fidelity if we transfer the shares to them, can we continue to buy additional shares and their response was no - we kept that piece of the account at Vanguard.
Thanks for the info. Guess I need to take the plunge and move the account permanently. Is it right that the transaction fee for Vanguard is only $8 after the 25k minimum? If so, that sounds like one of the best places to move it to.
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UpsetRaptor
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Re: Why not 100% PSLDX?

Post by UpsetRaptor »

fmackaw wrote: Wed Jan 06, 2021 10:16 pm
drzzzzz wrote: Wed Jan 06, 2021 7:11 pm We are in the process of transferring funds from Vanguard to Fidelity and I have PSLDX in a Roth account at Vanguard - while the initial buy in is high, it's not outrageous like at Fidelity where I recall it is a million dollars. I asked Fidelity if we transfer the shares to them, can we continue to buy additional shares and their response was no - we kept that piece of the account at Vanguard.
Thanks for the info. Guess I need to take the plunge and move the account permanently. Is it right that the transaction fee for Vanguard is only $8 after the 25k minimum? If so, that sounds like one of the best places to move it to.
$20 transaction fee at VG.
drzzzzz
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Re: Why not 100% PSLDX?

Post by drzzzzz »

UpsetRaptor wrote: Wed Jan 06, 2021 10:33 pm
fmackaw wrote: Wed Jan 06, 2021 10:16 pm
drzzzzz wrote: Wed Jan 06, 2021 7:11 pm We are in the process of transferring funds from Vanguard to Fidelity and I have PSLDX in a Roth account at Vanguard - while the initial buy in is high, it's not outrageous like at Fidelity where I recall it is a million dollars. I asked Fidelity if we transfer the shares to them, can we continue to buy additional shares and their response was no - we kept that piece of the account at Vanguard.
Thanks for the info. Guess I need to take the plunge and move the account permanently. Is it right that the transaction fee for Vanguard is only $8 after the 25k minimum? If so, that sounds like one of the best places to move it to.
$20 transaction fee at VG.
Depends on your assets under management at Vanguard - could be $20 or zero per trade
codoriti
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Re: Why not 100% PSLDX?

Post by codoriti »

Looks like with the fresh Roth contributions at the beginning of the year the fund crossed the Billion total assets mark :)
muffins14
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Re: Why not 100% PSLDX?

Post by muffins14 »

fmackaw wrote: Wed Jan 06, 2021 6:58 pm Does anyone know if you can purchase additional shares of PSLDX at Fidelity if you already hold it?

i.e. if I transfer my Roth to a different brokerage and buy PSLDX, then transfer it back to Fidelity, would I be able to buy more PSLDX when I contribute next year or would I be stuck with the original allocation?

I ask because all of my accounts are at Fidelity right now, so it'd be convenient to keep it that way if possible.
I was told that you _can_ make new contributions to PSLDX at Fidelity, but have not done it yet.

I opened an account at Ally this week that I am still waiting on approval for, and plan to purchase PSLDX and transfer in-kind to fidelity asap.

Will let you know how it goes
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firebirdparts
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Re: Why not 100% PSLDX?

Post by firebirdparts »

I bought some in a Fido 401k brokeragelink this week. So if you have some, you're good.
A fool and your money are soon partners
mroe800
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Re: Why not 100% PSLDX?

Post by mroe800 »

firebirdparts wrote: Thu Jan 07, 2021 1:20 pm I bought some in a Fido 401k brokeragelink this week. So if you have some, you're good.
(010952) Please call a Fidelity Representative at 1-800-544-6666 to buy this fund.
sundevil_jay
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Re: Why not 100% PSLDX?

Post by sundevil_jay »

mroe800 wrote: Thu Jan 07, 2021 1:21 pm
firebirdparts wrote: Thu Jan 07, 2021 1:20 pm I bought some in a Fido 401k brokeragelink this week. So if you have some, you're good.
(010952) Please call a Fidelity Representative at 1-800-544-6666 to buy this fund.
Last time I checked online, it showed me 1M minimum. Are you saying that calling fidelity, they can place this trade without min 1M? Let me know this is important for me as my retirement portfolio is in Fidelity and this would work really great if they do this. I dont think I can do 1M min on this fund but definitely can go decent amount in.
keith6014
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Re: Why not 100% PSLDX?

Post by keith6014 »

Long Term rates have been shooting up. PSLDX is holding its ground. All while my leveraged ETF strategy got a drubbing :oops:
NMBob
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Re: Why not 100% PSLDX?

Post by NMBob »

interesting as Hedgefundies excellent adventure is outperforming sp500 recent periods
hea = 55/45 upro/tmf

sep20 -dec 20 sp500 7.8% / hea 8.3%
oct20 - dec20 sp500 12.1 / hea 16.7
nov20-dec20 sp500 15.1 / hea 28.4
dec20-dec 20 sp500 3.84 / hea 5.08
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firebirdparts
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Re: Why not 100% PSLDX?

Post by firebirdparts »

sundevil_jay wrote: Thu Jan 07, 2021 7:10 pm
mroe800 wrote: Thu Jan 07, 2021 1:21 pm
firebirdparts wrote: Thu Jan 07, 2021 1:20 pm I bought some in a Fido 401k brokeragelink this week. So if you have some, you're good.
(010952) Please call a Fidelity Representative at 1-800-544-6666 to buy this fund.
Last time I checked online, it showed me 1M minimum. Are you saying that calling fidelity, they can place this trade without min 1M? Let me know this is important for me as my retirement portfolio is in Fidelity and this would work really great if they do this. I dont think I can do 1M min on this fund but definitely can go decent amount in.
I wouldn't get my hopes up, based on everything that's been consistently posted here.
A fool and your money are soon partners
mroe800
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Re: Why not 100% PSLDX?

Post by mroe800 »

sundevil_jay wrote: Thu Jan 07, 2021 7:10 pm
mroe800 wrote: Thu Jan 07, 2021 1:21 pm
firebirdparts wrote: Thu Jan 07, 2021 1:20 pm I bought some in a Fido 401k brokeragelink this week. So if you have some, you're good.
(010952) Please call a Fidelity Representative at 1-800-544-6666 to buy this fund.
Last time I checked online, it showed me 1M minimum. Are you saying that calling fidelity, they can place this trade without min 1M? Let me know this is important for me as my retirement portfolio is in Fidelity and this would work really great if they do this. I dont think I can do 1M min on this fund but definitely can go decent amount in.
That is a copy of the error I get when I try to buy PSLDX in my Fido 401K’s BrokerageLink. I do not hold any PSLDX at Fido, period.
Raraculus
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Re: Why not 100% PSLDX?

Post by Raraculus »

keith6014 wrote: Fri Jan 08, 2021 5:51 pmLong Term rates have been shooting up. PSLDX is holding its ground. All while my leveraged ETF strategy got a drubbing :oops:
Is this the reason why PSLDX zagged when the stock market zigged on January 6th, 2021?

I knew that rising interest rates would hit PSLDX... And PSLDX still managed to muddle through.

PSLDX is underperforming VTSAX for almost three months now. Still, cheaper prices can only mean buying more PSLDX! :)
manlymatt83
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Re: Why not 100% PSLDX?

Post by manlymatt83 »

Raraculus wrote: Sun Jan 10, 2021 3:16 pm
keith6014 wrote: Fri Jan 08, 2021 5:51 pmLong Term rates have been shooting up. PSLDX is holding its ground. All while my leveraged ETF strategy got a drubbing :oops:
Is this the reason why PSLDX zagged when the stock market zigged on January 6th, 2021?

I knew that rising interest rates would hit PSLDX... And PSLDX still managed to muddle through.

PSLDX is underperforming VTSAX for almost three months now. Still, cheaper prices can only mean buying more PSLDX! :)
ELI5: why is it underperforming?
ljford7
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Re: Why not 100% PSLDX?

Post by ljford7 »

PSDLX tracks a S&P500 index (benchmark).

VTSAX is tracking the total market (benchmark).

Small caps have been on a terror lately and are included in VTSAX, but not PSDLX.
manlymatt83
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Re: Why not 100% PSLDX?

Post by manlymatt83 »

ljford7 wrote: Sun Jan 10, 2021 4:02 pm PSDLX tracks a S&P500 index (benchmark).

VTSAX is tracking the total market (benchmark).

Small caps have been on a terror lately and are included in VTSAX, but not PSDLX.
Got it! Too bad there isn’t a PSLDX that tracks total market for the equity.
getjiggy
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Re: Why not 100% PSLDX?

Post by getjiggy »

mroe800 wrote: Sat Jan 09, 2021 5:37 am
sundevil_jay wrote: Thu Jan 07, 2021 7:10 pm
mroe800 wrote: Thu Jan 07, 2021 1:21 pm
firebirdparts wrote: Thu Jan 07, 2021 1:20 pm I bought some in a Fido 401k brokeragelink this week. So if you have some, you're good.
(010952) Please call a Fidelity Representative at 1-800-544-6666 to buy this fund.
Last time I checked online, it showed me 1M minimum. Are you saying that calling fidelity, they can place this trade without min 1M? Let me know this is important for me as my retirement portfolio is in Fidelity and this would work really great if they do this. I dont think I can do 1M min on this fund but definitely can go decent amount in.

That is a copy of the error I get when I try to buy PSLDX in my Fido 401K’s BrokerageLink. I do not hold any PSLDX at Fido, period.
Fidelity does require $1m min investment if you start there for brokeragelink or any account. If you already have psldx fmoved over there rom somewhere else they let you buy more without restrictions. That’s how I worked around
OuterBanks
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Re: Why not 100% PSLDX?

Post by OuterBanks »

Any thoughts on going 20% Vanguard Extended Market Index Fund Admiral Shares (VEXAX) and 80% PSLDX. This would capture everything not in the S&P500 to help round it out a bit more?
HSA 100% FZROX, 401K 100% FSKAX, Roth IRA 100% PSLDX, Taxable 100% VTSAX.
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cos
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Re: Why not 100% PSLDX?

Post by cos »

OuterBanks wrote: Tue Jan 12, 2021 11:50 am Any thoughts on going 20% Vanguard Extended Market Index Fund Admiral Shares (VEXAX) and 80% PSLDX. This would capture everything not in the S&P500 to help round it out a bit more?
Have you looked at PSCSX? It tracks the Russell 2000 small-cap index. You might also want to check out PISIX and/or PSKIX. They take the same approach as PSLDX but with international equities and shorter-term bonds, currency hedged and unhedged respectively.
Sasquatch1
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Re: Why not 100% PSLDX?

Post by Sasquatch1 »

Is there anything similar to this that would be efficient in a taxable account?
DMoogle
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Re: Why not 100% PSLDX?

Post by DMoogle »

Sasquatch1 wrote: Tue Jan 12, 2021 3:50 pm Is there anything similar to this that would be efficient in a taxable account?
NTSX is the closest, I've heard. Discussion thread here: viewtopic.php?f=10&t=302218

It's not as highly leveraged though (for better or for worse).
fmackaw
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Re: Why not 100% PSLDX?

Post by fmackaw »

getjiggy wrote: Tue Jan 12, 2021 1:05 am Fidelity does require $1m min investment if you start there for brokeragelink or any account. If you already have psldx fmoved over there rom somewhere else they let you buy more without restrictions. That’s how I worked around
Do you know what fee Fidelity charges when purchasing additional shares?(if there is one)
FlantasticSea
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Re: Why not 100% PSLDX?

Post by FlantasticSea »

Does anyone add VXX / VIXY to their portfolio?

For the past few months I've held 90% PSLDX 5% IAU 5% JPST in my roth.

3-4% VIXY does well at reducing volatility in backtesting (https://www.portfoliovisualizer.com/bac ... tion8_3=40), especially compared to other assets (gold, reits, emerging, cash, scv, etc). I added the IAU and JPST to slightly reduce drawdown / risk but now think a portfolio of 97% PSLDX 3% VXX would likely be better.

One issue is I don't understand how VIX and how much protection it offers. Although from my googling it appears that most people don't/barely understand it, including economists.


I'm also debating just switching to UPRO/TMF, perhaps with 55% UPRO, 40% TMF, 5% VXX... Partially just to avoid Schwab's $50 fee on PSLDX. I prefer PSLDX's risk though.
ma21n2
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Re: Why not 100% PSLDX?

Post by ma21n2 »

I'm going to buy some PSLDX in my Roth IRA. It's only going to be about 3% of my total portfolio, which is 85% in stocks. I'm not sure if I should count PSLDX towards my stock allocation, or just keep it completely separate and treat it as play money. What do most people do if PSLDX is just a small portion of their portfolio? Thanks!
manlymatt83
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Re: Why not 100% PSLDX?

Post by manlymatt83 »

ma21n2 wrote: Sat Jan 16, 2021 5:02 pm I'm going to buy some PSLDX in my Roth IRA. It's only going to be about 3% of my total portfolio, which is 85% in stocks. I'm not sure if I should count PSLDX towards my stock allocation, or just keep it completely separate and treat it as play money. What do most people do if PSLDX is just a small portion of their portfolio? Thanks!
I factor in PSLDX alongside my VTI holdings (essentially total market US even though it's only S&P.... close enough). So I just hold less VTI when compared to VXUS.
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firebirdparts
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Re: Why not 100% PSLDX?

Post by firebirdparts »

I consider it to be the S&P500. It outperforms a little bit, but daily movement is pretty stock-ish.
A fool and your money are soon partners
BJJ_GUY
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Re: Why not 100% PSLDX?

Post by BJJ_GUY »

FlantasticSea wrote: Sat Jan 16, 2021 2:56 pm Does anyone add VXX / VIXY to their portfolio?

For the past few months I've held 90% PSLDX 5% IAU 5% JPST in my roth.

3-4% VIXY does well at reducing volatility in backtesting (https://www.portfoliovisualizer.com/bac ... tion8_3=40), especially compared to other assets (gold, reits, emerging, cash, scv, etc). I added the IAU and JPST to slightly reduce drawdown / risk but now think a portfolio of 97% PSLDX 3% VXX would likely be better.

One issue is I don't understand how VIX and how much protection it offers. Although from my googling it appears that most people don't/barely understand it, including economists.


I'm also debating just switching to UPRO/TMF, perhaps with 55% UPRO, 40% TMF, 5% VXX... Partially just to avoid Schwab's $50 fee on PSLDX. I prefer PSLDX's risk though.
VIX definitely has a negative relationship with US equity markets, particularly when SPX experiences a pronounced move.

The problem with investing in an ETF that owns VIX futures is that the futures don't move nearly as much as the VIX, so you are using a pretty muted version of VIX. There are some other technicals that can alter this equation, but the takeaway is just to understand that futures aren't moving on a 1:1 ratio with the spot price moves
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