h**********9
发帖数: 25 | 1 已经完全糊涂了
Vanguard 500 Index Fund Investor Shares (VFINX)和 Vanguard Total Stock
Market Index Fund Investor Shares (VTSMX)他们有啥不一样啊？
如果我同时买了这两个，是不是和买2share of 其中一个是一样的啊？他们的优点和缺
点各是什么？
他们的 ten largest holdings are same
Month-end ten largest holdings
1 Exxon Mobil Corp.
2 Apple Inc.
3 Microsoft Corp.
4 International Business Machines Corp.
5 Procter & Gamble Co.
6 Johnson & Johnson
7 General Electric Co.
8 AT&T Inc.
9 ... 阅读全帖 |
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m****u
发帖数: 229 | 2 Vanguard 500 Index Fund Investor Shares (VFINX)= VOO = S&P500.
Vanguard Total Stock Market Index Fund Investor Shares (VTSMX)=VTI= Large-
Cap Blend.
They are not the same(They are overlapped). They track different targets.
Their Expense ratios are different as well.
Their top 10 holdings may be the same because (when comparing to the rest of
world)US is still freaking BIG and STRONG and RICH. |
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S**C
发帖数: 2964 | 3 VFINX tracks S&P 500 index which is mainly large-cap.
VTSMX tracks MSCI US Broad Market Index which tracks 3000+ companies
including S&P 500 companies, and mid-, small- and micro-cap, so it is more
diversified. |
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c*****x
发帖数: 429 | 4 Theoretically they are different as they track different indexes.
For all practical purposes, they are almost identical.
Choose VTSMX over VFINX if possible. |
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w***n
发帖数: 1519 | 5 For total domestic stock market, Vanguard only provides one etf as far as I
know: vti.
If you are talking about the need for multiple total index etf's in one's
portfolio, it depends on whether you have other brokerage accounts where it
makes sense to buy for example what ishares/schwab/spdr provides.
As for mutual funds, I assume you do know that vtsmx is not etf, right?
Vanguard provides several different classes for obvious reasons: they run at
different costs, why ask the customers with diff... 阅读全帖 |
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t***n
发帖数: 546 | 6 我一般用VTSMX和VEXMX来配平large/med/Small，VTMSX太集中在small cap上了，不是
太好。而且40%的turnover，放在taxable account不好。同理Vanguard Wellesley的
turnover也很高。
和楼上说的一样，VFINX不需要，用VTSMX+VEXMX最好。
VGTSX最好放在taxable account里面，可能有tax exempt，就是在国外交了税的IRS不
再征税。而且应该加大international 的比例。
VWITX是bonds，一定优先放在tax-defer的账上，其次是tax-free，最次是taxable
不是很清楚VWINX的作用是什么。你各种指数基金都有了，不需要这种blend的了吧。
建议 taxable：
VTSMX，VEXMX，VGTSX
IRA
VBIIX 加上VTSMX，VEXMX，VGTSX， 后三种主要用来rebalance
对了，楼主能不能share一下最后总的asset allocation百分比。用morningstar的
instant x-ray就好了。看看最后US/... 阅读全帖 |
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h**********9
发帖数: 25 | 7 新手向各位大侠请教：
小女穷人一枚，有10K的积蓄想投资。在这里潜水学习了1个月，感觉还是云山雾罩，所以想请各位帮忙分析
1. 是投Vanguard Target Retirement 2050 Inv (VFIFX) 还是选Core Fund （Total Stock Market Index （VTSMX）or (Diversified Equity (VDEQX))
my concerns are:
1. VFIFX and VTSMX/VDEOX 都是stock >80% and high risk,那他们有啥不同呢，我该如何选择，有哪些其他的方面我也需要考虑呢？
2. expense ratio: VFIFX 0.20% 是 and VISMX 是 0.18%， 但是读到一篇文章说
Target Fund 是 Fund of Fund.so I will be paying for both the fund’s direct expense, and indirectly for all of the underlying funds’ expenses as well.... 阅读全帖 |
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m**********r
发帖数: 887 | 8 target retirement fund 会不断调整仓位，时间越接近所设的target年份，其持有资
产会越趋于保守。而VTSMX永远都是只追踪股票指数。
所以想请各位帮忙分析
Stock Market Index （VTSMX）or (Diversified Equity (VDEQX))
该如何选择，有哪些其他的方面我也需要考虑呢？
direct expense, and indirectly for all of the underlying funds’ expenses
as well.所以是不是VFIFX还需要更多的ER (>0.2%)呢? |
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j****y
发帖数: 1714 | 9 index funds have slightly different way to track the index.
Naive tracking of S&P 500 will cause forced buy or sell some stock if some
stock is added or dropped from the index. This will cause slightly less
return compared to a broader, total market index fund.
Buying total stock index fund can avoid such a problem.
This is the reason why VTSMX mostly always beats S&P 500
http://quote.morningstar.com/fund/chart.aspx?t=VTSMX®ion=USA
Bottomline: buy total stock index fund if you can, avoid S&P ... 阅读全帖 |
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p***j
发帖数: 53 | 10 有一个问题关于mutual fund和ETF的区别一直不明白，自己做了一些research，但是还
是搞不清楚。在这请教一下大家。
我大概知道mutual fund和ETF在trading和fee上的区别，还有mutual fund是根据NAV定
价，而ETF是market price。但是为什么相似的ETF的price会比mutual fund高出好几倍
呢？比如说vanguard的VTI的price是VTSMX的2倍。（比较了一下这两个的NAV，VTI的
NAV也比VTSMX高2倍）
在决定到底是买mutual fund还是etf的时候，是不是不需要在意这个价格的区别？但是
为什么不在意？我以为价格低就能买多一些share，这样未来收益也会高一点。不是这
样的么？
目前对mutual fund和etf的了解还是很肤浅，希望大家给指点指点。 |
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l*******g
发帖数: 137 | 11 我投基金快2年了。 最初选择的是vanguard total stock market index (VTSMX). 没
有选择vanguard给的target fund. 原因：
1） expense ratio， VTSMX 略低，0.18%， target fund是0.19%
2） 因为离退休还早， 比较aggresive。 就全投的是stock
我最近也在加入一些其他的core fund 来多样化我的portfolio， 例如 VBMFX
请问我这样的选择对否？ 或者大家给些其他不同的选择。多谢 |
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P*****e
发帖数: 313 | 12 我现在在学习投资，考古板上推荐的three-fund protfolio。比如说：
33% Vanguard Total Bond Market Index Fund VBMFX
34% Vanguard Total Stock Market Index Fund VTSMX
33% Vanguard Total International Stock Index Fund
但是现在international market不是很好，相对来说US market好一点。是不是可以考
虑只买
Vanguard Total Bond Market Index Fund VBMFX
Vanguard Total Stock Market Index Fund VTSMX
大家怎么看？现在投资total world stock index 风险大吗？ |
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t***n
发帖数: 546 | 13 VTSMX比VFINX好，VFINX是VTSMX的真子集 |
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s******d
发帖数: 323 | 16 ☆─────────────────────────────────────☆
Ringer (vail!!!!!!!!!!) 于 (Thu Dec 14 14:13:23 2006) 提到:
看了一圈 529 plan 都很贵
比如vanguard，80% VTSMX + 20% VGTSX
如果直接买index fund，expense ratio只要0.23%
而529 plan里就要0.50%
似乎不是很值。。。
☆─────────────────────────────────────☆
CornHusker (有时看看小8) 于 (Thu Dec 14 14:36:42 2006) 提到:
ESA or 529, which one is better and why?
☆─────────────────────────────────────☆
tonys (基因决定人生) 于 (Thu Dec 14 14:38:23 2006) 提到:
先看你能不能省税
不能就vanguard吧，好像最便宜就是nabraska的vanguard p |
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s******d
发帖数: 323 | 17 ☆─────────────────────────────────────☆
starwood (star^wood) 于 (Tue Jun 26 15:56:18 2007) 提到:
规则：每个人选up to 5个基金（中国A股的不算）, 写明比例，中间不可以撤换，所有
dividend, capital gain都reinvest。虚拟购买日期July 2。最后看年底的
performance。前几名有大包子！！
请大家选没有load的open end基金，方便统计。报名截至日期：7/1。
报名办法：直接reply本文。
举例1：
id: test1
VTSMX: 50%
VGTSX: 50%
remark: die hard indexing!!
举例2：
id: test2
OBCHX: 20%
MCHFX: 20%
DPCRX: 20%
FSEAX: 20%
FHKCX: 20%
remark: 老子看好中国股票
☆─────────────────────────────────────☆
neohawk (neohawk) 于 (Tue Jun 26 |
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s*******d
发帖数: 126 | 19 I'd go with Vanguard index funds. Although the Spartan (Fidelity) index
funds have lower expense ratio than corresponding Vanguard index funds (
Fidelity might be losing money to run these funds to attract customers),
their funds are not as tax efficient as the Vanguard funds. You can google
and people have compared them. For your son who is going to be in the market
for many many years, tax efficiency is a concern.
Within the Vanguard family, Total Stock Market Index Fund (VTSMX) maps the
entir |
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m**********r
发帖数: 887 | 20 VTSMX的admiral share (VTSAX)和 VTI的收费都是0.07%
要是每年不断买进的话并rebalance的话，换成ETF还是不划算。 |
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m**********r
发帖数: 887 | 21 as for the fee of 0.15% for VTSMX and 0.07% VTI, you save only 8 bucks by
holding 10K dollar VTI a year. IF you are DCA people, the trading commission
will quickly eat it up. |
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j****h
发帖数: 219 | 23 第一项是笔误，应该是 VTSMX
如果对黄金投资 GLD 不放心的话，可以用 PRPFX。 PRPFX 拥有的是实物黄金。
PRPFX 每年的收益要比 4X25 少 1%，其中 0.7% 交了管理费。好处是省心，不用每年
去BALANCE。 |
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s****m
发帖数: 160 | 24 我觉得算不出Vanguard给出的YTD。
以Vanguard Total Stock Mkt Idx (VTSMX)为例:
Vanguard网站上给出的是
YTD as of 05/19/2010 1.69%
查Yahoo finance上的价格历史：
01/04: $27.91
03/24: $28.97 (当天的dividend distribution是0.107)
05/19: $27.81
我的计算是：假定1月4日投入$1000，那么可以买到1000/27.91 shares.
到3月24日，可以拿到的dividend是1000/27.91*0.107, 这笔钱reinvest
可以买到1000/27.91*0.107/28.97 shares。
到05/19, 账户上的钱就是
(1000/27.91+1000/27.91*0.107/28.97) * 27.81 = 1000.1
这样YTD就只有0.1%。请问大侠我的算法错在哪儿？ |
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t*******d
发帖数: 2570 | 25 Mutual fund: 12.08%
Stock: 50.54%
Will not participate in the showoff anymore.
Here is my current mutual fund portfolio, did not make any adjustment during
the past year, completely buy and hold:
EGLRX (3%), PRLAX(10%), PRASX (10%), VWAHX (24%), VGTSX (26%), VTSMX (27%).
Current stock portfolio, actively managed but only made 12 transactions last
year:
DSX, FTR, HNR, INTC, NXG, TC, VZ, WX.
Stocks used to have, ACAS, AGNC, CBAK, OVTI.
This is not a recommendation for any of the stocks I own. Just... 阅读全帖 |
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h*******s
发帖数: 3932 | 26 最好别选带bond的，上就上纯股票。
所以想请各位帮忙分析
Stock Market Index （VTSMX）or (Diversified Equity (VDEQX))
该如何选择，有哪些其他的方面我也需要考虑呢？
direct expense, and indirectly for all of the underlying funds’ expenses
as well.所以是不是VFIFX还需要更多的ER (>0.2%)呢? |
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S**C
发帖数: 2964 | 27 Start with moderate allocation (60-40) such as VWELX, VGTSX, VBINX etc to
get some exposure, and learn how to investment.
Morningstar is a much better place to learn than here.
所以想请各位帮忙分析
Stock Market Index （VTSMX）or (Diversified Equity (VDEQX))
该如何选择，有哪些其他的方面我也需要考虑呢？
direct expense, and indirectly for all of the underlying funds’ expenses
as well.所以是不是VFIFX还需要更多的ER (>0.2%)呢? |
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m*****n
发帖数: 5611 | 28 VFIFX manages asset allocation and auto-rebalance for you.
Vanguard's target fund has same ER as all underlying funds. There is no
extra charge.
You did good homework, better than most people here
所以想请各位帮忙分析
Stock Market Index （VTSMX）or (Diversified Equity (VDEQX))
该如何选择，有哪些其他的方面我也需要考虑呢？
direct expense, and indirectly for all of the underlying funds’ expenses
as well.所以是不是VFIFX还需要更多的ER (>0.2%)呢? |
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h**********9
发帖数: 25 | 30 查不太多啊，
另外，如果我同时买了这两个，是不是没有diversify 啊？ |
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h**********9
发帖数: 25 | 31 能不能详细说说，如何看待和分析他们的target strategy? 他们是不是值得在近期购
入呢？ |
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s********u
发帖数: 1054 | 32 都是 TRACK 不同的大盘指数的基金啊。后者更加DIVERSIFIED 一些。 两者的TOP TEN HOLDING 一样不奇怪， 但是WEIGHT肯定不一样。
要是你不SURE 是否可以现在购入， 把你的钱分批 DCA 进任何一个 指数基金都差不多。 后一个TOTAL MARKET 的更DIVERSIFIED 一些， 应该有更多的SMALL CAP。 |
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s****y
发帖数: 682 | 33 在实际操作中，如果一个公司从500掉出去了，
是不是基金也要卖掉相应的股票
反之亦然
这样会不会增加操作成本？ |
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m**********r
发帖数: 887 | 34 Dude, If you are holding it since 2008 or earlier, you are better off than
most people.
Any way, 90% is too concentrated. I would suggest you to diversify into
stock funds such as VTSMX |
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S**C
发帖数: 2964 | 35 Never pick target-retirement fund based on when you expect to retire, rather
, it should based on your equity-bond ratio you feel comfortable.
Vanguard 2035+ funds have less than 10% bond, they are basically VTSMX lite,
10% bond and a little foreign exposure won't save you if the great
recession II hits. |
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N******p
发帖数: 2777 | 36 你这重复了。VBINX里一大半是US stock，VTWSX里面也有近一半是US stock.建议换成
VBMFX + VTWSX, 或者 VBMFX+VTSMX+VGTSX
为自己很没有经验，诚心请教这里的牛人们给参谋一下这两个如何？ |
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N******p
发帖数: 2777 | 37 可以。不过他价一般每个基金第一次最少买$3000。所以你今年可以投$3000 VBMFX + $
7000 VTWSX，这样30% bond+70%stock对大多数刚工作的人差不多。等明年钱多了($
15000)，再把VTWSX分成VTSMX+VGTSX，这样你可以微调US和international的比例，ER
也比VTWSX低一点。 |
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t*****e
发帖数: 291 | 38 非常感谢，我也是在这些里面犹豫不决。不然就VBMFX+VTSMX+VGTSX这个好了。
成 |
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t**********g
发帖数: 920 | 39 我在vanguard里面看到，基本上每个mutual fund都有对应的etf。比如VTI对VTSMX，
VXUS对VGTSX。而且etf的收费又低，那mutual fund究竟有什么优势呢？
另外请推荐下vanguard的etf吧？
我准备买60% Vanguard Total Stock Market ETF, 20% Vanguard Total
International Stock ETF, 10% Vanguard Total Bond Market ETF, 10% Vanguard
FTSE All-World ex-US Small-Cap ETF 或者Vanguard Small-Cap Growth ETF。是不是
选太多了？我反正也没什么钱，就想aggressive点。另外还有什么好的eft给推荐呢？
多谢了！ |
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v***y
发帖数: 7583 | 40 我也想求大牛推荐，大包子答谢
DREYFUS CASH MGMT INST MONEY MARKET DVCXX
CALVERT INCOME FUND CLASS A CFICX
CALVERT SHORT DURATION INC CL A CSDAX
FIDELITY ADV HIGH INC ADVANTAGE CL T FAHYX
TEMPLETON GLOBAL BOND CLASS A TPINX
GOLDMAN SACHS SHORT DURATION GOVT CL A GSSDX
DREYFUS APPRECIATIONFUND DGAGX
DREYFUS STRATEGIC VALUE CL A DAGVX
AMERICAN CENTURY STRAT ALLOC CL A ACVAX
VANGUARD TOTAL STOCKMARKET INVESTOR V... 阅读全帖 |
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c******7
发帖数: 439 | 41 lz你搞晕了吧
随便拿个网址
http://www.google.com/finance?q=VTI
然后把VTSMX放进去比较, 时间拉远了, 基本上是重合的
你自己扫盲一下股票split, 原理应该是一样的
价格和收益应该是无关的,
之所以etf价格高一点, 我猜是etf至少买一股
broker不想让你一点点钱就折腾他一次
mf有最低额度的限制, 所以价格低一点无所谓 |
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S**C
发帖数: 2964 | 42 VTSMX 12.72% YTD, VGTSX 11.94% YTD, international better than US?
Many aggressive funds return above 20% YTD, many of them lost more than 50%
in 2008. |
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d****s
发帖数: 174 | 43 我目前才起步，收入也不高，看了一点东西，请专家们指点。谢谢！
这是 Taxable account，已经买了其中一部分。发现这个账户里面想换基金不太方便，
似乎要交钱:
% of Holding Name Stock Industry/
Assets Fund Category
22.64 VTMSX Vanguard Tax-Managed Small Blend
22.64 VTSMX Vanguard Total Stock Large Blend
22.64 VFINX Vanguard 500 Index I Large Blend
22.64 VWITX Vanguard Interm-Term Muni National Interm
9.43 VWINX Vanguard Wellesley I Conservative Allocation
这是Ro... 阅读全帖 |
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S**C
发帖数: 2964 | 44 Some observations and comments.
1) You are light on international.
2) VFINX + VTMSX ~= VTSMX + VTMSX, you could do away with VFINX.
3) You said your income is not high, then why do you care that much about tax? I am talking about munis and tax-managed funds.
4) You may want to put most taxable bonds and hybrid to IRA?
5) Your portfolio will most likely lose to Wellington over a market cycle with higher volatility. |
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b**y
发帖数: 94 | 45 看来被secondcity鄙视了。
我是诚心来求教的，牛人们有什么好建议，还请不吝赐教。
下面是我Vangard上面的所有fund.
Group A Funds
Vanguard Target Retirement Income VTINX
Vanguard Target Retirement 2010 VTENX
Vanguard Target Retirement 2015 VTXVX
Vanguard Target Retirement 2020 VTWNX
Vanguard Target Retirement 2025 VTTVX
Vanguard Target Retirement 2030 VTHRX
Vanguard Target Retirement 2035 VTTHX
Vanguard Target Retirement 2040 VFORX
Vanguard Target Retirement 2... 阅读全帖 |
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q****x
发帖数: 7404 | 46 build a portfolio based on the following. go to morningstar.com to do your
research.
Vanguard Prime Money Mkt Fund VMMXX
Vanguard Total Bond Mkt Index Inv VBMFX
Vanguard Total Stock Mkt Idx Inv VTSMX
Vanguard Total Intl Stock Ix Inv VGTSX
PIMCO Total Return Admin PTRAX
Vanguard Wellington Fund Inv VWELX
Vanguard 500 Index Fund Inv VFINX
Vanguard Explorer Fund Investor VEXPX
Vanguard Extended Mkt Index Inv V... 阅读全帖 |
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n******h
发帖数: 2544 | 47 看起来，Vanguard完败啊，表现基本一样都是index，但是费率0.18%，高于Fidelity的
0.1%。岂不是和他们Bogle的低费率哲学相矛盾吗？
1 Year 3 Year 5 Year 10 Year
Vanguard 11.02% 9.61% 1.80% 6.88%
FSTMX 11.01 9.71 1.76 6.88 |
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c*****e
发帖数: 1106 | 48 Well, firstly Fidelity funds offer low expense as well. Secondly, Vanguard
funds usually have more share classes, so it tends to divide
their customers into more categories and charge their best customers much
less and retail investors more. Overall expenses are still very low.
In this case,
Its InstlPls class VITPX has an unbeatable fee of 0.02%. |
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t***n
发帖数: 546 | 49 FSTMX 最少要10k吧。为啥不跟VTSAX比？
★ 发自iPhone App: ChineseWeb 7.7 |
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w***n
发帖数: 1519 | 50 vanguard 多的是便宜的指数基金，非要挑个贵的出来，不完败都难。
你要是有10000块钱可以买admiral shares 的vtsax，要是没几块钱的话总可以买etf的
vti吧？
好比你去dollar store，颇有一些确实便宜的东西，你非要指着其中一件卖得比
walmart 贵的东西说这和dollar store的口号矛盾，那是跟自己过不去，实在没意义。
同样的东西哪儿便宜你在哪买就是了 |
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