Berkshire Hathaway owns BH Media, formerly World Media Enterprises Inc.
1314 Douglas St.
Suite 800
Omaha, NE 68102
Auditor EIN 47-0625816
Number of participants with account balances - 3,271
Net Assets as of 12/31/2013 - $137,137,524
.
.
Wells Fargo Stable Value Fund M
Expense Ratio 0.78%
Blended Yield (after fees) 1.08%
Warren Buffet's Berkshire Hathaway owns about 9.4% Wells Fargo,
which owns Galliard Capital Management.
http://www.galliard.com/tiaa-cref/galliard_SVM-P.pdf
.
.
http://www.brightscope.com/401k-rating/3010666/World-Media-Enterprises-Inc/15679990/World-Media-Enterprises-Inc-401K-Plan/
.
.
JPMorgan SmartRetirement 2050 Select (JTSSX)
The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds)
Annual Report Expense Ratio (net): 0.19%
http://finance.yahoo.com/q?s=JTSSX
JPMorgan Disciplined Equity R6 Expense Ratio - 0.35%
JPMorgan US Equity R6 Expense Ratio - 0.54%
JPMorgan Core Bond R6 Expense Ratio - 0.40%
JPMorgan Growth Advantage R6 Expense Ratio - 0.80%
JPMorgan Intrepid America R5 Expense Ratio - 0.71%
Source; Morningstar
How can the Expense Ratio for the News and Record's employees be 0.19%, if the funds in the fund cost more?
Spartan® International Index Fund - Fidelity Advantage Class
Exp Ratio (Net) 0.12% ($1.20 per $1000)
.
.
Oakmark International I (OAKIX)
Annual Report Expense Ratio (net): 0.95%
.
.
Invesco International Growth R5 (AIEVX)
Annual Report Expense Ratio (net): 0.97%
.
.
Wells Fargo Advantage Growth I SGRNX - 0.75%
.
.
Fidelity® Small Cap Discovery FSCRX - 1.01%
.
.
Fidelity Spartan® Extnd Mkt Idx Advtg FSEVX - 0.07%
.
.
Dreyfus Opportunistic Midcap Value I DVLIX - 0.90%
.
.
Fidelity Spartan® 500 Index Instl FXSIX - 0.04%
.
.
T. Rowe Price Equity Income PRFDX - 0.66%
.
.
First Eagle Global I SGIIX - 0.86%
.
.
Fidelity Spartan® US Bond Idx Advtg FSITX - 0.10%
.
.
PIMCO Total Return Instl PTTRX - 0.46%
.
.
Sentinel Government Securities I SIBWX - 0.68%
.
.
Warren Buffett to heirs: Put my estate in index funds
After all of his Berkshire shares are distributed to charity, take the cash, Buffett says, and just buy index funds:
"My advice to the trustee couldn't be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.) I believe the trust's long-term results from this policy will be superior to those attained by most investors — whether pension funds, institutions or individuals — who employ high-fee managers.
...Both individuals and institutions will constantly be urged to be active by those who profit from giving advice or effecting transactions. The resulting frictional costs can be huge and, for investors in aggregate, devoid of benefit. So ignore the chatter, keep your costs minimal, and invest in stocks as you would in a farm."
Warren Buffet
http://www.marketwatch.com/story/warren-buffett-to-heirs-put-my-estate-in-index-funds-2014-03-13
.
.
OUTSTANDING INVESTORS vs. CONSULTANTS
http://hartzman.blogspot.com/2015/03/outstanding-investors-vs-consultants.html
1314 Douglas St.
Suite 800
Omaha, NE 68102
Auditor EIN 47-0625816
Number of participants with account balances - 3,271
Net Assets as of 12/31/2013 - $137,137,524
.
.
Wells Fargo Stable Value Fund M
Expense Ratio 0.78%
Blended Yield (after fees) 1.08%
Warren Buffet's Berkshire Hathaway owns about 9.4% Wells Fargo,
which owns Galliard Capital Management.
http://www.galliard.com/tiaa-cref/galliard_SVM-P.pdf
.
.
http://www.brightscope.com/401k-rating/3010666/World-Media-Enterprises-Inc/15679990/World-Media-Enterprises-Inc-401K-Plan/
.
.
JPMorgan SmartRetirement 2050 Select (JTSSX)
The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds)
Annual Report Expense Ratio (net): 0.19%
http://finance.yahoo.com/q?s=JTSSX
JPMorgan Disciplined Equity R6 Expense Ratio - 0.35%
JPMorgan US Equity R6 Expense Ratio - 0.54%
JPMorgan Core Bond R6 Expense Ratio - 0.40%
JPMorgan Growth Advantage R6 Expense Ratio - 0.80%
JPMorgan Intrepid America R5 Expense Ratio - 0.71%
Source; Morningstar
How can the Expense Ratio for the News and Record's employees be 0.19%, if the funds in the fund cost more?
A cost comparison of Target Date Fund Expense Ratios;
Exp Ratio (Net) 0.12% ($1.20 per $1000)
.
.
Oakmark International I (OAKIX)
Annual Report Expense Ratio (net): 0.95%
.
.
Invesco International Growth R5 (AIEVX)
Annual Report Expense Ratio (net): 0.97%
.
.
Wells Fargo Advantage Growth I SGRNX - 0.75%
.
.
Fidelity® Small Cap Discovery FSCRX - 1.01%
.
.
Fidelity Spartan® Extnd Mkt Idx Advtg FSEVX - 0.07%
.
.
Dreyfus Opportunistic Midcap Value I DVLIX - 0.90%
.
.
Fidelity Spartan® 500 Index Instl FXSIX - 0.04%
.
.
T. Rowe Price Equity Income PRFDX - 0.66%
.
.
First Eagle Global I SGIIX - 0.86%
.
.
Fidelity Spartan® US Bond Idx Advtg FSITX - 0.10%
.
.
PIMCO Total Return Instl PTTRX - 0.46%
.
.
Sentinel Government Securities I SIBWX - 0.68%
.
.
Warren Buffett to heirs: Put my estate in index funds
After all of his Berkshire shares are distributed to charity, take the cash, Buffett says, and just buy index funds:
"My advice to the trustee couldn't be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.) I believe the trust's long-term results from this policy will be superior to those attained by most investors — whether pension funds, institutions or individuals — who employ high-fee managers.
...Both individuals and institutions will constantly be urged to be active by those who profit from giving advice or effecting transactions. The resulting frictional costs can be huge and, for investors in aggregate, devoid of benefit. So ignore the chatter, keep your costs minimal, and invest in stocks as you would in a farm."
Warren Buffet
http://www.marketwatch.com/story/warren-buffett-to-heirs-put-my-estate-in-index-funds-2014-03-13
.
.
OUTSTANDING INVESTORS vs. CONSULTANTS
http://hartzman.blogspot.com/2015/03/outstanding-investors-vs-consultants.html
