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View Full Version : 401kMaximizer ?


RhinoBallAuto
01-31-2019, 06:54 AM
Anyone subscribe? Interested in opinions regarding its value...


Al Czervik
01-31-2019, 07:29 AM
I’m interested as well. The target date retirements are VERY heavy on bonds.

OVBIII
01-31-2019, 07:54 AM
Iím using the EZ tracker people. Iíve used them for about. Year and a half now. I like their diversification and they send out weekly updates on what they are looking at for the monthly allocation changes. I am going to spend time this weekend looking at my YOY return with them as compared to the benchmark. Iíll let you know how it fared.


Andrew_VT
01-31-2019, 08:41 AM
Iím interested as well. The target date retirements are VERY heavy on bonds.

Then choose a date that's further in the future. Just because you turn 65 in that year doesn't mean that's the fund you have to choose. Later dates have less bond exposure.

Al Czervik
01-31-2019, 05:32 PM
Then choose a date that's further in the future. Just because you turn 65 in that year doesn't mean that's the fund you have to choose. Later dates have less bond exposure.

They are all heavily weighted with bonds.

Iowa Farm Boy
01-31-2019, 05:37 PM
Several years ago now a friend who subscribered to EZTracker compared my 401k Maximizer newsletters and said they were pretty much the same with similiar returns.

YMMV

If someone has a recent comparison Iíd like to hear it.

Andrew_VT
01-31-2019, 05:43 PM
They are all heavily weighted with bonds.

The 2050 is 14% bonds.

A popular rule-of-thumb is 110-Age=Stock exposure (with the rest bonds)

This seems overly conservative to me, and would result in about 10% more bonds than what my target date fund would do.

MySaabStory
01-31-2019, 06:14 PM
Iím using that silly thing that was free for 3 months and now Iím paying. Whatever. I donít have to think about it. They do all screwing around with the account. Iím up 7% YTD. Howís EZ tracker? I guess itís only 1 month....but just curious.

Name User
01-31-2019, 06:51 PM
Iím using that silly thing that was free for 3 months and now Iím paying. Whatever. I donít have to think about it. They do all screwing around with the account. Iím up 7% YTD. Howís EZ tracker? I guess itís only 1 month....but just curious.

S&P500 up 7.7%
VTSAX up 7.5%

Two good benchmarks to use

2StgTurbine
01-31-2019, 07:31 PM
John Bogle created the index fund in the 70s and proved that on average it out performs all other finical products available to normal people (non billionaires). Warren Buffett won a million dollar bet a few years ago proving the same thing.

If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.

https://www.forbes.com/sites/johnwasik/2018/01/08/how-buffett-won-his-1-million-bet/#37d004fa2a6c

MySaabStory
01-31-2019, 07:37 PM
S&P500 up 7.7%
VTSAX up 7.5%

Two good benchmarks to use

Ok. I guess thatís good.

Iím just a pilot so...who knows.

kme9418
02-01-2019, 06:37 AM
John Bogle created the index fund in the 70s and proved that on average it out performs all other finical products available to normal people (non billionaires). Warren Buffett won a million dollar bet a few years ago proving the same thing.

If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.

https://www.forbes.com/sites/johnwasik/2018/01/08/how-buffett-won-his-1-million-bet/#37d004fa2a6c

^^I agree. If it was easy, everyone would be doing it. Rule #2: don't take financial advice from pilots.

FL370esq
02-01-2019, 07:56 AM
If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person.

Two words......Bobby Axelrod. 😁

Al Czervik
02-01-2019, 09:50 AM
John Bogle created the index fund in the 70s and proved that on average it out performs all other finical products available to normal people (non billionaires). Warren Buffett won a million dollar bet a few years ago proving the same thing.

If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.

https://www.forbes.com/sites/johnwasik/2018/01/08/how-buffett-won-his-1-million-bet/#37d004fa2a6c

There was a guy in CLT that could do it. Heís in jail though and his stickers are on the bus stops.

FlyyGuyy
02-01-2019, 10:03 AM
There was a guy in CLT that could do it. Heís in jail though and his stickers are on the bus stops.

How many people did he get to believe him?

I also read he was selling some kind of Telecom equipment that didn't exist?

Name User
02-01-2019, 05:48 PM
Ok. I guess that’s good.

I’m just a pilot so...who knows.

It basically means if your returns are similar over time just park it in a total market fund and be done with it...

FSKAX is the Fidelity total market fund similar to VTSAX, they have almost identical returns. 0.015% expense ratio...practically free.

You can't buy a total market fund in our AA plan so set it up to transfer to brokeragelink 95% and auto purchase FSKAX with the funds. IMO.