Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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As @Sven noted, Vanguard PAS can incorporate outside investments in its planning. It is one of several robo/hybrid advisors that do this (including the top five in M*'s ranking). See thread on Robo Advisor Evaluation.
https://mutualfundob…
Those suggested allocations for VG PAS in 60s & 70s (60-40), early-80s (55-45), late-80s & beyond (50-50) are much higher than those for target-date funds (TDFs), including Vanguard TDFs. Of course, the questionnaire for PAS determined the s…
@Observant1- In the many years that I've been with MFO I've never seen anyone present such complete, detailed and interesting information with respect to a retirement plan that was recommended by a financial firm. Nice job! It should be useful to ot…
@Observant1 What did you think of the information that was kicked back to you ?
I see nothing that hasn't been brought up here from time to time.
I was contacted by rep from Schwab for the second time , to make a plan. I passed for the second ti…
Vanguard's spending strategy and recommended actions are sensible*.
The Vanguard Capital Markets Model is proprietary but appears to be robust.
Approximately half of my total portfolio is held outside of Vanguard.
While the corresponding dollar amo…
Select Disclosures
Asset allocation: We assume the accounts supporting this goal are rebalanced
annually to the target asset allocation over your entire planning horizon.
However, we do not calculate the tax consequences of rebalancing the accoun…
Spending Strategy
We have a withdrawal plan to help maximize the longevity of your portfolio.
Our general approach is to use both the income and capital appreciation from your portfolio
to meet your spending needs.
We recommend directing all int…
The Week in Charts (09/17/23)
A tour of the markets covering the most important charts & themes, including...
00:00 Intro
00:29 A Second Wave of Inflation? (CPI Report)
08:44 The Long Pause? (Fed Policy Expectations)
15:04 All Is Calm (Market V…
M* Fund Reports include a fund's turnover rate for the past 10 calendar years.
You may be able to access M* Fund Reports online via your public library system.
I'm not aware of any websites which provide annual turnover statistics spanning multiple …
M* Fund Reports include a fund's turnover rate for the past 10 calendar years.
You may be able to access M* Fund Reports online via your public library system.
I'm not aware of any websites which provide annual turnover statistics spanning multiple …
Additionally, can fund outflows affect a fund's turnover stats?
For example, if the fund usually has 5% turnover, but then gets hit by a 20% outflow, would their turnover (if they had to sell 20% of their positions) then go to 25%?
Thanks!
Fund o…
Jeremy Grantham became famous for predicting the dot-com crash in 2000 and the financial crisis in 2008.
Grantham did not anticipate the superior returns for large U.S. stocks (particulary growth stocks)
since the financial crisis because he believ…
@Hank. Big +1 for your comments on the Morgan Housel book. Lots of common sense and well worth the time.
I agree. The Psychology of Money is a good book!
I consume a lot of financial media.
Frankly, this is often an inefficient use of my time.
Good books written by talented authors are frequently more informative and rewarding.
I just finished reading the recently released second edition of The Four …
Our local library card gives us full and free access to M* via a log on to the internet from anywhere, with no ads or any other issues to deal with. It is a great service I have used for years.
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My local library provides free access to Mor…
From the start I said that without goals age and more, no way to answer this.
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The OP asked where you would invest $100K right now - there was no additional criteria.
Of course, answers will vary depending on an investor's own circumstances.…
The Week in Charts (08/30/23)
A tour of the markets covering the most important charts & themes, including...
00:00 Intro
00:12 The Purchasing Power Decline (Housing)
03:51 A Dearth of Supply (Housing)
8:55 Disney's Drawdown
11:42 Prepared to H…
"The new trend is to follow ESG quietly."
Yup, and probably should have been from the start. IMHO, the bulk of the masses who reject anything "ESG" or 'woke' or 'Pride' or similar have no idea what these mean at all other than they should be agains…
I've used Symantec VIP to access Fidelity via my desktop computer for several years.
I haven't experienced any issues with this two-factor authentication app.
Note: I never access personal financial accounts via any mobile devices.
The Week in Charts (08/22/23)
A tour of the markets covering the most important charts & themes, including...
00:00 Intro
00:15 Tis But a Flesh Wound (Stocks)
07:41 No Pain, No Gain (Bonds)
12:37 Q4 Recession? (Economy)
18:57 The Real…
I've only needed a medallion signature guarantee once when transferring IRA assets to a different institution.
My local credit union provided this service at no charge.
Don’t think rate hike has peaked and the FED starts to pause. Given the strong labor market, low unemployment rate and heathy consumer spending, inflation will remain above 2% FED target. Thus, there is a good likelihood of another round of rate h…
Vanguard was the worst of the lot for sure, but not the only one. I've never tried the Fidelity brokerage but there have been so many posts on this forum complaining about problems there that I'm not encouraged to try it out.
I have accounts w…
I invest mostly in mutual funds and ETFs but do own one individual stock.
I prefer to limit individual stocks to ≤ 5% of my total portfolio.
This offers protection against potentially large losses from overly concentrated positions.
Extremely concen…
The Week in Charts (08/15/23)
A tour of the markets covering the most important charts & themes, including...
00:00 Intro
00:29 The Streak is Broken (Inflation Report)
05:10 The Road to Prosperity (Real Wage Growth)
07:57 US vs. Europe (Inflati…
I'm glad Mr. Goodwin was able to make this trip.
It sounds like he had a great experience!
I don't think I'd spend $450K for any adventure unless my net worth
value contained eight digits to the left of the decimal point...
My preference is to use a local institution for checking and direct deposit.
I'm a member of a locally-based credit union with many nearby branches.
If any issues arise, I can readily speak to someone in person.
Over the years, I've found that CUs …
The Week in Charts (08/08/23)
A tour of the markets covering the most important charts & themes, including asset class performance through July, the slow normalization in the jobs market, why inflation is likely to rise, and much more.
Video
B…
