Search found 313 matches

Return to advanced search

Re: Why not a 2 fund portfolio like Bogle suggests

Part of me wonders if some people would benefit from a 2 or 3 fund portfolio but they have spent so many hours researching investment strategies that they will feel they wasted their time if they choose something so simple.
by Day9
Wed Jan 28, 2015 8:24 pm
 
Forum: Investing - Theory, News & General
Topic: Why not a 2 fund portfolio like Bogle suggests
Replies: 35
Views: 3324

Re: Any reason NOT to buy treasuries individually?

roll yield https://www.bogleheads.org/forum/viewtopic.php?f=10&t=132601&hilit=riding+the+yield+curve That just means selling a bond before maturity and buying a fresh one. Like buying 10-year bonds, selling it after one year, and then buying another 10-year bond. Is this a free lunch? It lo...
by Day9
Wed Jan 28, 2015 7:36 pm
 
Forum: Investing - Theory, News & General
Topic: Any reason NOT to buy treasuries individually?
Replies: 17
Views: 1365

Re: Any reason NOT to buy treasuries individually?

Any major brokerage will allow you to buy new auction treasuries for free, so you could save some money. But, a cheap fund is just easier. By the way, David Swensen doesn't actually recommend long-term treasuries. There are several articles about him that seem to have made this error, but he recomm...
by Day9
Wed Jan 28, 2015 5:31 pm
 
Forum: Investing - Theory, News & General
Topic: Any reason NOT to buy treasuries individually?
Replies: 17
Views: 1365

Any reason NOT to buy treasuries individually?

Is there any reason NOT to buy treasuries individually? Bond funds are great for other kinds of bonds because they allow you to diversify among issuers but this is not necessary for treasuries. Expense ratios on treasury funds are low (Vanguard Long Term Treasury Fund Investor is 0.2%, admiral has $...
by Day9
Wed Jan 28, 2015 4:38 pm
 
Forum: Investing - Theory, News & General
Topic: Any reason NOT to buy treasuries individually?
Replies: 17
Views: 1365

Re: Vanguard Treasury Funds

. Vanguard has currently reduced the GSE in its treasury funds, but since they are active funds they can hold a portion. Please see this old post: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=83295 Vanguard has TREASURY Funds (Like VUSUX Long term Treasury) and GOVERNMENT BOND Funds (li...
by Day9
Wed Jan 28, 2015 1:19 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard's government bond index funds
Replies: 15
Views: 1620

Re: What mutual fund companies do you use?

Vanguard and DFA
by Day9
Wed Jan 28, 2015 4:02 am
 
Forum: Investing - Theory, News & General
Topic: What mutual fund companies do you use?
Replies: 61
Views: 2573

Re: Vanguard's government bond index funds

I'm with pascalswager on this and I actually just buy my treasuries individually. Treasuries are more liquid and are more of a safe haven asset.
by Day9
Wed Jan 28, 2015 3:41 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard's government bond index funds
Replies: 15
Views: 1620

Re: WHAT EXPERTS SAY ABOUT

Thank you, Taylor. Happy birthday!
by Day9
Sun Jan 25, 2015 5:40 pm
 
Forum: Investing - Theory, News & General
Topic: What Experts Say [about various investing topics]
Replies: 49
Views: 2914

Re: Factors and zero-sum investing

It's a Modern Portfolio Theory idea. Value and Momentum are shown to have relatively weak correlation with each other while both providing good returns in the past. If you diversify across asset classes and factors that don't have perfect correlation then you can get higher returns with lower risk. ...
by Day9
Fri Jan 23, 2015 6:35 pm
 
Forum: Investing - Theory, News & General
Topic: Factors and zero-sum investing
Replies: 57
Views: 2893

Re: Using TLT to hedge

Why is recent TLT doing better than VBTLX? TLT effective duration is 18 years compared to VBLTX 14 years. Having a higher duration makes you more sensitive to interest rate moves and long term rates have been going down. TLT holds exclusively treasuries while VBTLX, Vanguard Long Term Bond, holds c...
by Day9
Fri Jan 23, 2015 4:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Using TLT to hedge
Replies: 13
Views: 1188

Hedge fund loses 99.8% of all funds, $100m down to $200k.

The manager is "truly sorry". "[The manager] said in the letter that he made a series of "aggressive transactions" over the last three weeks to make up for poor returns in December. He said he bet on stock price options, predicated on the broader market rising. But stock ind...
by Day9
Wed Jan 21, 2015 5:49 pm
 
Forum: Investing - Theory, News & General
Topic: Hedge fund loses 99.8% of all funds, $100m down to $200k.
Replies: 59
Views: 6656

Re: Poll: Your Max. REIT Allocation

I have no REIT fund but Vanguard's Small Cap Value fund has a significant amount of REIT. About 10 years ago it was 10%-15% but I'm not sure where it is lately
by Day9
Mon Jan 19, 2015 9:52 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Your Max. REIT Allocation
Replies: 54
Views: 4034

Re: Diversify my portfolio

Try the "Help with Personal Investments" subforum

http://www.bogleheads.org/forum/viewforum.php?f=1
by Day9
Mon Jan 19, 2015 9:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Diversify my portfolio
Replies: 18
Views: 1709

Re: The DOW: An Index I Love to Hate

I would imagine most Bogleheads would prefer the CRSP US Total Market Index because that is the index that Vanguard's Total Market fund aims to track.
by Day9
Mon Jan 19, 2015 5:35 am
 
Forum: Investing - Theory, News & General
Topic: The DOW: An Index I Love to Hate
Replies: 27
Views: 1938

Re: Short term bonds in rising interest rates?

When picking duration I think you want to consider when you are going to need the money. If it's 5 years or so short term makes sense because there won't be time for increased rates to make up for the price decrease with an intermediate bond. If it's 10 years then intermediate makes sense because t...
by Day9
Sat Jan 17, 2015 10:19 pm
 
Forum: Investing - Theory, News & General
Topic: Short term bonds in rising interest rates?
Replies: 26
Views: 2580

Re: Please rate/advise my 40+yr investment portfolio

Try posting in the "Help with Personal Investments" forum

http://www.bogleheads.org/forum/viewforum.php?f=1
by Day9
Sat Jan 17, 2015 12:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Rate/advise my 40+ year stock portfolio
Replies: 9
Views: 569

Re: Larry's New Book On Sale

Thanks for the heads up. Larry Swedroe is my favorite financial author.
by Day9
Fri Jan 16, 2015 6:36 pm
 
Forum: Investing - Theory, News & General
Topic: Larry's New Book On Sale
Replies: 10
Views: 1755

Re: How much in I bonds do you own?

I don't own any yet because I am in my 20s and my only fixed income allocation is to long term treasuries to complement my very stock heavy portfolio. When I increase my fixed income allocation I will follow Larry Swedroe's advice and hold a lot of inflation-tracking bonds. I will probably use I-bon...
by Day9
Fri Jan 16, 2015 4:37 pm
 
Forum: Investing - Theory, News & General
Topic: How much in I bonds do you own?
Replies: 29
Views: 3115

Swiss franc jumps as SNB abandons ceiling versus euro

Franc up 30% vs Euro, up 25% vs USD

http://www.cnbc.com/id/102340182

HUGE currency move. Currency trade are often highly leveraged, there must be a lot of blown out accounts today. People with mortgages in Francs are hurting.
by Day9
Thu Jan 15, 2015 6:02 am
 
Forum: Investing - Theory, News & General
Topic: Swiss franc jumps as SNB abandons ceiling versus euro
Replies: 25
Views: 2271

Re: What is the international portion of your portfolio and

My equity is 2:1 Domestic:International.

My international equity is about equal parts Vanguard Total International, DFA Int'l Sm, DFA Int'l Value, DFA Int'l Targeted Val (a sm-mid val fund)
by Day9
Mon Jan 12, 2015 3:50 am
 
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 131
Views: 9732

Re: Vanguard and DFA #1 & #2 Fund Inflows

To bypass the paywall search for the article name on google. It is the first result for me:

https://www.google.com/search?q=Vanguard+Sets+Record+Funds+Inflow

I am happy to have DFA funds in my 401k plan :happy
by Day9
Mon Jan 05, 2015 4:23 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard sets record funds inflow, has $3.1 trillion assets
Replies: 39
Views: 2846

Re: Int'l Value vs Int'l Small Caps?

Ultimate Buy and Hold - 8 slices vs 4 by Trev H

This is an excellent thread from this forum that should be required reading IMO. It is related to this topic.
by Day9
Sun Dec 28, 2014 7:06 pm
 
Forum: Investing - Theory, News & General
Topic: Int'l Value vs Int'l Small Caps?
Replies: 32
Views: 3977

Re: Green day

For the past few years it seemed like stocks and (treasury) bonds have had perfect -1 correlation. The historic correlation is 0 so days like this where they both go up shouldn't be too uncommon. Oil is up but gold is flat.
by Day9
Fri Dec 19, 2014 4:25 pm
 
Forum: Investing - Theory, News & General
Topic: Green day
Replies: 8
Views: 1006

Re: Credit Risk vs. Term Risk

Credit risk is affected by the same factors as equity risk and doesn't really add any diversification benefit at all. This is why people say to take your risk in your stock portfolio. They are talking about credit risk. When you look at duration risk in a vacuum you don't appear to get compensated f...
by Day9
Wed Dec 17, 2014 6:01 pm
 
Forum: Investing - Theory, News & General
Topic: Credit Risk vs. Term Risk
Replies: 11
Views: 981

Re: Adjusting Core Four to include a slice of a single stock

I agree with mpt follower but would treat it as an independent investment in my equity portfolio and not modify my bond allocation to include it.

Maybe if it was a heavy growth stock like Amazon you could add more to your value tilt if you had one but forget about this.
by Day9
Fri Dec 12, 2014 6:34 am
 
Forum: Investing - Theory, News & General
Topic: Adjusting Core Four to include a slice of a single stock?
Replies: 12
Views: 816

Re: Is the Boglehead Consensus on Long Bonds still Negative?

Hold Long term treasuries if you have a stock dominated portfolio (like 90% stock)

Increase the duration of your bonds if you have a splash of Commodities or CCFs since these risk factors have negative correlation.
by Day9
Thu Dec 11, 2014 5:30 am
 
Forum: Investing - Theory, News & General
Topic: Is the Boglehead Consensus on Long Bonds still Negative?
Replies: 29
Views: 3419

Re: Slice And Dice Alternative Retirement Investments

Collatoralized Commodity Futures have positive expected real return but probably too high of variance to justify it when you look at it in a vacuum. But you should never look at an investment in a vacuum but in the context of a portfolio. Adding a splash of CCF allows you to take on more duration ri...
by Day9
Thu Dec 11, 2014 5:26 am
 
Forum: Investing - Theory, News & General
Topic: Slice And Dice Alternative Retirement Investments
Replies: 9
Views: 1216

Re: Leverage and P/e10

Did I miss the part where you show us your stock/bond allocation, what kinds of bonds you will be holding, and basically what your portfolio will look like as a whole? You mentioned 80/20 but that seemed to be just an example from the book. If you are 100% equities there is serious risk of margin ca...
by Day9
Wed Dec 10, 2014 8:15 pm
 
Forum: Investing - Theory, News & General
Topic: Leverage and P/e10
Replies: 41
Views: 3451

Re: What is your opinion about "tilting?"

Vangurd's small funds aren't the smallest, and their value funds aren't the valuey-est, but you can't beat their low fees. I've got access to some DFA funds in my company retirement plan so I use both.
by Day9
Wed Dec 10, 2014 3:12 am
 
Forum: Investing - Theory, News & General
Topic: What is your opinion about "tilting?"
Replies: 116
Views: 9374

Re: Does splitting int'l markets increase returns?

Developed Europe has more in common with developed Asia than it does with Emerging Europe. Same is true when you swap Europe/Asia
by Day9
Mon Dec 08, 2014 11:45 pm
 
Forum: Investing - Theory, News & General
Topic: Does splitting int'l markets increase returns?
Replies: 21
Views: 1927

Re: Vanguard Flagship rep

Just want to say congrats to all of you millionaires on your success :greedy
by Day9
Mon Dec 08, 2014 5:34 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Flagship rep
Replies: 26
Views: 5780

Re: A question about Merriman's Buy & Hold Bonds

Treasuries at exempt from state tax but you still pay federal tax. Some states like Florida and Texas have 0% or close to 0% state income tax. California has individual state income tax as high as 12.3%

Municipal Bonds are tax free
by Day9
Wed Dec 03, 2014 4:42 pm
 
Forum: Investing - Theory, News & General
Topic: A question about Merriman's Buy & Hold Bonds
Replies: 10
Views: 868

Re: How do you rebalance?

Like Jeff said I rebalance with contributions but since I buy more investments on a regular interval I selected the option for rebalancing on a regular interval
by Day9
Wed Dec 03, 2014 2:33 am
 
Forum: Investing - Theory, News & General
Topic: How do you rebalance?
Replies: 40
Views: 3215

Re: Understanding why we market weight

Cap weighted Index funds are

1.) Low cost

2.) Low turnover

3.) Broadly diversified
by Day9
Mon Dec 01, 2014 1:36 am
 
Forum: Investing - Theory, News & General
Topic: Understanding why we market weight
Replies: 18
Views: 1648

Re: Ultimate Small Cap Value Portfolio...

This site suggests Guggenheim S&P SmallCap 600 Pure Value ETF (RZV).


http://www.altruistfa.com/USsmallcapvaluefunds.htm
by Day9
Wed Nov 19, 2014 4:41 am
 
Forum: Investing - Theory, News & General
Topic: Ultimate Small Cap Value Portfolio...
Replies: 31
Views: 4271

Re: When do your account returns dwarf your contributions?

The rule of thumb is this happens when you have double your yearly income. This assumes ~7-8% returns and 15% retirement savings rate, which is what is often recommended. Boglehesads often have higher savings rates than just 15% so they would need to save a higher multiple of their yearly salary bef...
by Day9
Sun Nov 16, 2014 11:29 pm
 
Forum: Investing - Theory, News & General
Topic: When do your account returns dwarf your contributions?
Replies: 51
Views: 7791

Re: Will the baby boomer selling effect come to fruition?

Does the baby boomer phenomenon exist in other countries? The American stock market has lots of foreign investors...
by Day9
Wed Nov 12, 2014 10:32 pm
 
Forum: Investing - Theory, News & General
Topic: Will the baby boomer selling effect come to fruition?
Replies: 14
Views: 2469

Re: Savings rate of -2% for those under 35 - WSJ

Is there no forum to post non-actionable personal-finance news? This isn't appropriate for the Investing General subforum either.
by Day9
Mon Nov 10, 2014 8:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Savings rate of -2% for those under 35 - WSJ
Replies: 69
Views: 4965

Savings rate of -2% for those under 35 - WSJ

Click the first search result to avoid paywall This Wall Street Journal article is making the rounds on social media and I thought Bogleheads would appreciate feeling ahead of the curve here. I suspect we have higher-than-average savings rates. United States Adults under age 35 have a savings rate ...
by Day9
Mon Nov 10, 2014 8:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Savings rate of -2% for those under 35 - WSJ
Replies: 69
Views: 4965

Re: Whats the best index?

Some Bogleheads only choose index investing because it achieves the following:

1.) Low cost

2.) Low turnover

3.) Broadly Diversified

Index funds just happen to be the best option when you care about these three qualities.
by Day9
Mon Nov 10, 2014 6:47 pm
 
Forum: Investing - Theory, News & General
Topic: Whats the best index?
Replies: 14
Views: 1784

Re: what is the actual value of my tax deferred accounts?

What tax bracket will you be in when you start to withdraw these funds? How much will you withdraw per year and what other sources of income, if any, will you have when you begin to withdraw? Where will you live (State and country)? Is any of it Roth?
by Day9
Mon Nov 10, 2014 1:58 pm
 
Forum: Investing - Theory, News & General
Topic: what is the actual value of my tax deferred accounts?
Replies: 53
Views: 4465

Re: Oil and or Metals?

Adding a splash of diversified commodities allows you to increase your duration risk. Worth it if you can grasp the concept that you should not look at an investment in isolation, you should look at its role in a portfolio.
by Day9
Tue Nov 04, 2014 9:53 pm
 
Forum: Investing - Theory, News & General
Topic: Oil and or Metals?
Replies: 19
Views: 1229

Re: If I am a LT investor, should I forgo a bond allocation?

A splash of long term treasuries will go a long way in diversifying a stock-dominated portfolio and is worth the expected drag on returns. If you are very young you do not know how you will react to a bear market. Are you sure this money is in a lockbox set aside for retirement and you won't be draw...
by Day9
Wed Oct 29, 2014 3:49 pm
 
Forum: Investing - Theory, News & General
Topic: If I am a LT investor, should I forgo a bond allocation?
Replies: 28
Views: 2276

Re: QE Ending, how does it affect Total Bond Fund?

Duration of TBM is low enough that there won't be a wild swing in either direction.
by Day9
Wed Oct 29, 2014 3:13 pm
 
Forum: Investing - Theory, News & General
Topic: QE Ending, how does it affect Total Bond Fund?
Replies: 8
Views: 1462

Re: Should I use margin to buy a balanced fund?

Your point on SPX is well taken. But it's still the S&P500, and at present valuations, I don't want to lever the S&P500. ... Well, what do you want to lever? Famous poster "market timer" has the following allocation as of Oct 10 in this thread 45% Long term Treasuries (25+ year ma...
by Day9
Fri Oct 24, 2014 8:25 pm
 
Forum: Investing - Theory, News & General
Topic: Should I use margin to buy a balanced fund?
Replies: 539
Views: 64708

Re: IRS Announces new 401(k) contribution max for 2015 ($18,

My 401k offers index funds with expense ratios even lower than Vanguard's Admiral Shares, AND it offers some DFA funds. I don't make a ton of money, but I max it out because the fund choices are so good. I'm very happy for any increase in contributions limits. :D
by Day9
Fri Oct 24, 2014 1:06 pm
 
Forum: Investing - Theory, News & General
Topic: IRS Announces new 401(k) contribution max for 2015 ($18,000)
Replies: 50
Views: 7894

Re: Recent statistics of college majors

Does this belong in the Investing - Theory,News & General board? I think it might be more appropriate for the Personal Finance board.
by Day9
Wed Oct 15, 2014 12:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Recent statistics of college majors
Replies: 35
Views: 2763

Re: Gold: Is now the time?

I have no idea why someone would buy just gold instead of a diversified basket of commodities. Holding a small allocation to Collaterallized Commodity Futures (about 5%-10% of your equity allocation) can add diversification to a stock/bond portfolio, and will allow you to take on more duration risk...
by Day9
Mon Oct 13, 2014 2:47 pm
 
Forum: Investing - Theory, News & General
Topic: Gold: Is now the time?
Replies: 36
Views: 2365

Re: Gold: Is now the time?

The thing that's the same with gold and CCF is that they are both dead weight as long-term investments. CCFs hold positive expected real return investments as Collateral. That's what the first C stands for. Furthermore like I said in my post it allows you to take on more duration risk which increas...
by Day9
Mon Oct 13, 2014 2:44 pm
 
Forum: Investing - Theory, News & General
Topic: Gold: Is now the time?
Replies: 36
Views: 2365
Next

Return to advanced search