Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.

For regular SAA and TAA portfolios, the next re-balance will be on Monday, October 9, 2017. You can also find the re-balance calendar for 2017 on ‘Dashboard‘ page once you log in.

As a reminder to expert users: advanced portfolios are still re-balanced based on their original re-balance schedules and they are not the same as those used in Strategic and Tactical Asset Allocation (SAA and TAA) portfolios of a plan.

Please note that we now list the next re-balance date on every portfolio page.

Fees In Cash Investments

Expenses/fees in mutual funds have come down a lot since John Bogle, the founder of Vanguard Company, first introduced index funds and started the low cost investment crusade in 1970s. The 0.03% expense recently instigated in Schwab S&P 500 index fund (SWPPX) signifies how much fees in mutual funds have come down. Marketing plots or not, investors now can expect to spend 0.1% or so in many stock and bond index funds. 

However, fees in cash investments or ultra short term cash like investments or savings are still extremely high. They often go unnoticed. To illustrate: 

Expenses in money market funds 
FundsAnnual ExpenseMinimum7-Day Yield
SWPPX (Schwab S&P 500 Index)0.03%  
VFINX (Vanguard 500 Index Investor)0.14%  
Vanguard total bond market index fund (VBMFX)0.15%  
Schwab Treasury Money Market Fund0.65%/0.77%*$25,0000.7%
Schwab Value Advantage Money Market Fund0.45%/0.58%$25,0000.9%
Fidelity Treasury Money Market Fund0.42%00.65%
Vanguard Treasury Money Market Fund (VMFXX)0.11%$3,0000.98%

*: net expense ratio/gross expense ratio (net expense ratio represents fund management’s voluntary fee waiver that might go away anytime)

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