Written by David Fabian, December 10th, 2017
The deluge of investment mania surrounding crypto currencies and Bitcoin in particular is unlike anything I have seen throughout my investment career. Having not managed money through the dot-com bubble, it’s difficult to compare this period to any real-world experience on my part. Many are jumping to conclusions that this new digital currency is going to revolutionize the world. Others are comparing it to a disillusioned craze that will only benefit a tiny minority and end badly for most. Read more
Written by David Fabian, November 28th, 2017
Tax-loss harvesting is one of the more underutilized strategies for taxable investment accounts. This approach involves selling holdings at a loss in the current calendar year to offset capital gains and income. Furthermore, there is the opportunity to replace a mutual fund or ETF with a similar investment to maintain a like-kind asset allocation. The net effect is to mitigate the impact of taxes in a particularly bountiful year.
The first step in this process is identifying holdings that are sitting at a loss and may be ripe for a transition. Your monthly brokerage statement or online portfolio view should allow you to easily spot these culprits. The following categories may be the most easily exploited tax-loss harvesting opportunities for 2017.
Read the complete article at NASDAQ.com
Written by David Fabian, October 17th, 2017
TD Ameritrade roiled the investment community this week when it announced it was shaking up its commission-free ETF lineup across its entire brokerage platform. The highlights include an expanded number of funds available to trade and fewer restrictions on eligible accounts. They also dropped Morningstar as the advisor that selects the commission-free list, giving in-house management more control over which funds make the cut.
This type of expansive announcement is typically met with great enthusiasm by the advisor community. However, the biggest bombshell is that they are no longer offering Vanguard ETFs on their commission-free list. Yeah, you heard me right…NO VANGUARD. Read more
Written by David Fabian, October 12th, 2017
This morning I saw the graphic below posted on social media as a marketing tool for the new Schwab 1000 Index ETF (SCHK). The intent of this message is to point out the advantageous expense ratio of SCHK in relation to its competition. The fund charges just 5 basis points per year to own the 1,000 largest stocks in the United States. Read more
Written by David Fabian, October 03rd, 2017
One of the latest stories making the rounds on social media is that Warren Buffett is willing to wager (once again) that an index fund can beat active management over a 10-year time horizon. Buffett made this bet with a prominent hedge fund manager nearly a decade ago with the proceeds going to a charity of the winners choosing. He handily beat his first opponent and now another contender wants to take a shot at “The Oracle of Omaha”. Read the complete post here on CNBC for all the details on this potential match-up. Read more