Vanguard attracts record $305B in 2016

[dealmaker]

Vanguard attracts record $305B in 2016
The world's largest mutual fund manager drew in an annual total that some firms don't amass in a decade. While most of the moneywent into products that track indexes, more than $50 billion flowed in to active funds that buy bonds or a mix of stocks and bonds.(Investment News)

 

[Bob111]

what's wrong with that? even i moved some of the family 401K into vanguard. for simple reason-low fees

 

[nonlinear5]

what's wrong with that?

Nothing is wrong with it. However, what I am thinking at the moment is the following. We are being told that the U.S. economy is sluggish, the incomes are stagnating, everyone is either on food stamps, disability, or in retirement, and the households are in debt. So, I wonder, where did the $305B come from?

 

[Bob111]

everyone? are you sure about that? few times a year i go to florida,gulf side. naples,marco etc are.no shortage of wealthy people there. 5-8M houses on front of the beach-those are vacation houses! empty most of the time. every other house is a new construction. mean-they bought a perfect house,ground it and build a new multi story home. people still have a s**load of money. how many 10-15 years old cars you see on the streets? NONE.
cape coral. piece of s** place. look at this-

https://goo.gl/photos/ypSpbnA3TqK8JaqEA

typical FL

 

[Scataphagos]

So, I wonder, where did the $305B come from?

Probably from other mutual funds or active managers. Seems the ETFs have had a record inflow of assets too.... most of that motivated by lower fees.

 

[Bob111]

Probably from other mutual funds or active managers. Seems the ETFs have had a record inflow of assets too.... most of that motivated by lower fees.

yep. i should mention how i got into vanguards 401K-because my relative's employer switched to vanguard. for same reason-people are unhappy with ridiculously high fees that the other firms are charging for exact same shit. i'm talking about TIAA-CREF in particular. they alone probably moved a 100B or more.
here is an example-

https://www.tiaa.org/public/investment-performance/crefvariableannuity/profile?ticker=CIDXR2

it's same shit as SPY
or this-

https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT

0.4% a year or 0.05% in fees? even Stevie Wonder can see the difference
fucking leeches

make sense?

 

[zdreg]

Nothing is wrong with it. However, what I am thinking at the moment is the following. We are being told that the U.S. economy is sluggish, the incomes are stagnating, everyone is either on food stamps, disability, or in retirement, and the households are in debt. So, I wonder, where did the $305B come from?

overseas?

 

[Scataphagos]

yep. i should mention how i got into vanguards 401K-because my relative's employer switched to vanguard. for same reason-people are unhappy with ridiculously high fees that the other firms are charging for exact same shit. i'm talking about TIAA-CREF in particular. they alone probably moved a 100B or more.
here is an example-

https://www.tiaa.org/public/investment-performance/crefvariableannuity/profile?ticker=CIDXR2

it's same shit as SPY
or this-

https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT

0.4% a year or 0.05% in fees? even Stevie Wonder can see the difference
fucking leeches

make sense?

Speaking of TIAA... wifey's retirement plan custodian recently changed from Fidelity to TIAA. And as now each individual account is dunned for a monthly fee, I wonder who got paid for that one? "Professional money management".... primarily driven by the ability to levy fees, not performance.

 

[Spectre2007]

anyone have info on total inflows every month into VTI... over the past 15 years?

 

[Scataphagos]

anyone have info on total inflows every month into VTI... over the past 15 years?

Suggest you not concern yourself about "last 15 years of ANYTHING". The only thing that matters is, "what's working now".

VTI is nothing special, but is a good proxy for the "general market".