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Is anybody that uses Moringstar's Portfolio System having a concern with timely price updating of their mutual funds after market close?
It use to be that I'd have relative good price updaing by 6:30 PM EST. During the past couple of months it see…
Sorry they Both stink! 1.7% for Harvard and 3.3% for Yale, and you want me to tell you which University has the best endowment fund investors ? Even the other Universities got at least Double those returns. Maybe they could call Bogle, or my wife, …
Your kidding right? My wife could beat these returns! with no help from me and her own picks from 5 min.looking over Funds!
Their Real Record during the best (5 yr) market in the last century:
Harvard’s endowment posted annual average gains of 1.…
Great quarter, good place to be (long-term, I do think the exchanges and some of the asset managers are worth a look, like TROW and maybe WETF (but not up 20+%), decent dividend (I figure around 2% at current levels), but over 20% higher seems rich.…
I'm in the queue right behind you. Although it's pretty clear that in the gospels, there wouldn't be much meat to hang on the bones if the writers depended only on what could be remembered verbatim from Jesus, since those were written ca. 70-110 in…
Great series. Only wish the Nats could have been in it.
I was screaming to send Gordon home as soon as the ball rolled to the wall. He was rounding third before the ball hit the cutoff. Make SF throw him out without Posey blocking the plate. An…
Really? A $1000/week isn't enough? Change your lifestyle then.
p.s. I lived in the Bay Area (Berkeley to be precise) on a $1000/month, with 2 kids, no problem. Guess it all depends.
I know I'll probably get scoffed at, but where I live (MD/Wash DC)…
Haven't been able to watch since sitting through the entire frigid 18 innings of the Nats collapse.
If the Royals can get back home, home teams in the Series are somewhere around 82% to win in games 6 and 7 since 1980 or so. KC now gets SF pitching…
Maybe Bill Gross wants to do celebrity endorsements (like Koby and Lebron). He does yoga and could endorse for LuluLemon.
Great, thanks. Now I have an image of Gross wearing "defective" yoga pants seered into my mind...
@mrdarcey, I'm surprised at that too. I can probably guess the Ebola patient in Dallas is top news at the moment. But this is a important story as well. Over here it is the top story.
Ebola and Secret Service. I'm guessing markets might get some…
Also have a look at this thread, where MFOers discuss owning a portfolio of div growth stocks, which is the cheapest alternative of all if you have enough funds and aren't DCAing.
So a few come to mind.
1) Why are you worried about ERs, especially on a funds that are already fairly low cost? This is meant honestly, not as an active/passive debate question. There is some evidence Vanguard's active funds outperform their ind…
Heres what I pay some of the BEST managers & Some ETFs in the Business:
0.10%,0.14%0.14%, 0.15%,0.17%,0.18%,0.23%,0.25%,0.26%,0.35% 0.38%,0,50%,0.71%,0.74%
my average cost per fund/ETF 0.37% Far from 1%
My net (after cost) return ytd +10.56%
…
Since you're moving to Vanguard, why not try to get into some of their active funds?
VDIGX, any of the Primecap funds, VASVX, VGENX, VGHCX. Maybe avoid those that rely too extensively on the Vanguard subadviser model.
The index fund has to "pay" the bid-ask spread on every single purchase it makes. How is that fundamentally different than the bid-ask spread on the exchange traded fund?
You guys are talking about two different things here.
1) The index will pay …
@Maurice
PMed you about the cash POS stuff, which was getting a little too OT. Basically there are a lot of costs with cash that consumers never really see.
If you like fruitier reds at a good price, try the Gnarley Head old vine Zin. It's like …
So I went to another short line which made me happier. My payment to the grocer was by cash. I had to fish through a small change purse to get the 60 cents, because the grocery bill was $11.60. Then I got an idea. I asked the clerk to wait while I …
FINRA has 3400 employees per their website. I wonder what they really do?
Arbitration hearings, lengthy licensing exams, continuing education, investigations for the SEC, and lots and lots of spot inspections of every single broker-dealer or trader …
What do you guys think of TEI (Hasenstab's CEF) as opposed to DBLEX for a buy, hold, and forget about it EM debt fund? It's got terrible momentum but a great long-term record and is trading at an usually large discount for it (-7.5% vs. 3 year avg o…
@mrdarcey and MFOers, I'm under the impression that if one only owns this fund in a taxable account, it won't do any good to transfer that account from a brokerage to them. Would only benefit if it is in a tax deferred account.
Do I have that co…
FWIW, I do think GP does something different than almost any manager out there, and it's something I'm willing to pay for.
Look at the avg market cap of GP's funds, compared to any other foreign/global SC. It is the smallest I am aware of, even sm…
My understanding is that an inheritance in the form of individual stocks is one of the best methods of helping your heirs manage tax burdens since the cost basis of the individual stocks inherited adjusts to correspond with the stock price on the da…
@jlev
Please let us know what they say. It certainly looks like a great majority of the monies collected with 12b-1s are going to broker-dealers. I'd be interested to know whether the move to only allow clients with funds held through GP's distri…
How does one determine how much of the expense ratio goes to the fund complex for NTF vs transaction fee funds (TF)? From what I gather, it looks like it's the "other expenses" and 12b1 fee combined.
The fund's SAI should list the exact amount paid …
Question: When investing directly with a fund company it doesn't seem to make sense to me to pay a 12b-1 fee, is it possible or likely to be able to get the minimums for institutional shares waived in order to circumvent the 12b-1 fees?
I figure I …
As an aside, these are the historical rates of U.S. personal income taxes, adjusted for inflation, since 1862. People complain about how high they are, but to my mind the problem is in how far the top rates have shrunk and brackets have constricted…
Another +1 to @jlev.
I have very particular views on what universities are for (producing research), and aren't for (general vocational training), but I don't really want to imagine a world where a young adult with the ability can't attend college …
@Ted
Shadow's right: soft close, but still open at Vanguard:
https://personal.vanguard.com/us/funds/snapshot?FundId=0021&FundIntExt=INT#tab=0
Vanguard Wellington™ Fund
Supplement to the Prospectus and Summary Prospectus
Important Note Regard…