Search found 18354 matches

by Taylor Larimore
Tue Aug 04, 2015 8:27 pm
Forum: Investing - Theory, News & General
Topic: Corporate bonds: best or worst of both worlds?
Replies: 78
Views: 7318

Re: Corporate bonds: best or worst of both worlds?

It is difficult to beat the diversification of a collection of 7,576 bonds! TBM is not just another bond fund.

longvest:

True. TBM (Vanguard Total Bond Market Index Fund) is now the largest bond fund in the world.

Best wishes.
Taylor
by Taylor Larimore
Tue Aug 04, 2015 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: "A different kind of retirement calculator"
Replies: 17
Views: 1565

Re: "A different kind of retirement calculator"

Taylor, it seems to be one of the most conservative calculators out there. Do you agree and if so why is that? Thanks tennisplyr: Sorry, I cannot answer your question because I've never used a retirement calculator. This earlier post explains: Safe Withdrawal Rates ? Complexity vs. Simplicity Postb...
by Taylor Larimore
Tue Aug 04, 2015 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 32
Views: 4422

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

cheesepep wrote:I have nothing to add but say I would be scared silly to receive any letter from the IRS, even if it is a refund.

cheesepep:

There is no need to be scared unless you cheated.

Best wishes.
Taylor
by Taylor Larimore
Tue Aug 04, 2015 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: "A different kind of retirement calculator"
Replies: 17
Views: 1565

"A different kind of retirement calculator"

Bogleheads: Our son, Michael, is a computer expert who will soon be retiring. He and his wife used FIRECalc to help them decide to retire sooner than expected. If you link to http://www.FIRECalc.com you will see an important graph showing how "averages and safe-withdrawal-rates" can be ver...
by Taylor Larimore
Tue Aug 04, 2015 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Would it be worth the costs to move to a 3 fund portfolio from what I have?
Replies: 16
Views: 1395

Use only tax-efficient funds in taxable accounts

Maybe I'll stick with the 3 fund portfolio for my taxable. llee89x: That is probably a mistake because Total Bond Market Index Fund is tax-inefficient and belongs in tax-deferred accounts. Use only tax-efficient index funds like Total Stock Market and/or Total International Stock Market in your tax...
by Taylor Larimore
Tue Aug 04, 2015 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market vs. Interm-Term Treasury
Replies: 25
Views: 1328

More stocks = Higher return

From the link you posted I come to a different conclusion that is similar to ogd's. It's look to me like 10-20% stocks improved return and lowered volatility. The difference between the highest and lowest returns is smallest for the 10% and 20% stock allocations compared to the 0% stock allocation ...
by Taylor Larimore
Tue Aug 04, 2015 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market vs. Interm-Term Treasury
Replies: 25
Views: 1328

GNMA has improved performance of Total Bond Market

My main concern with the TBM is the large amount of mortgage-backed securities (MBS) in the fund/index. Gauntlet: Over the past 15 years, Vanguard's GNMA fund (VFIIX) total return has been more than Total Bond Market's (VBMFX) total return (and may have reduced volatility). Your "main concern ...
by Taylor Larimore
Tue Aug 04, 2015 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Would it be worth the costs to move to a 3 fund portfolio from what I have?
Replies: 16
Views: 1395

Re: Would it be worth the costs to move to a 3 fund portfolio from what I have?

Would you recommend the Life Strategy Growth or Target Date for a taxable account? I love the idea of simplicity. I currently hold Target Date 2055 for both my IRA and Roth. I was planning on doing the 3 fund portfolio for my taxable account but might opt for either the Life Strategy Growth or anot...
by Taylor Larimore
Tue Aug 04, 2015 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market vs. Interm-Term Treasury
Replies: 25
Views: 1328

Myth

It's well known that historically 100% bonds was not the position of minimum volatility, but some 20%-30% stocks actually reduced risk while improving returns.

Ogd:

I believe this is a myth as evidenced by the Vanguard risk/return chart in this link:

The Truth About Risk

Best wishes.
Taylor
by Taylor Larimore
Tue Aug 04, 2015 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Close to 93% of portfolio in individual stocks?
Replies: 23
Views: 1861

THE 15 STOCK DIVERSIFICATION MYTH

I bet a 70/30 or maybe even 80/20 portfolio with those 15 stocks is still less risky than 93% Total Stock Market. Sawhorse: I am aware that bringing bonds into the portfolio is an apples to oranges comparison, but holding only 15 stocks is much more risky than holding a total stock market index fun...
by Taylor Larimore
Mon Aug 03, 2015 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth Insurance Ratings
Replies: 11
Views: 638

Re: Genworth Insurance Ratings

rightdecisions wrote:This would be for a 20 year term insurance for $1million.

Rightdecisions:

If your premium is paid annually, your risk of insurance company failure is minimized because you can stop paying premiums and continue coverage elsewhere.

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 03, 2015 8:34 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth
Replies: 10
Views: 1172

Paul Farrell ?

Taylor, here is a sample of the "other side" of his reporting. His weekly column can be counted on for something very similar. I have no idea why Marketwatch wants to publish this stuff: http://www.marketwatch.com/story/4th-of-july-fireworks-world-war-iii-with-china-dead-ahead-2015-07-03 ...
by Taylor Larimore
Mon Aug 03, 2015 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: *Updated* Can Use Some Help and Advice- New to BogleHeads
Replies: 11
Views: 880

Simple vs. Complex Portfolios

My advisor was also young and inexperienced and he was very rigid with the "Vanguard 3 fund mentality" and the resulting allocation based on my age and goals. It seemed he was en route to making a cookie cutter portfolio and charging me .3% to "manage it" Smokey Joe Robinson: Do...
by Taylor Larimore
Mon Aug 03, 2015 7:17 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth
Replies: 10
Views: 1172

"The Lazy Person's Guide to Investing"

With respect to Farrell, even if his lazy portfolios are thoughtfully crafted, it is very odd that he spends the rest of his time as a conspiracy theorist penning many articles published on marketwatch that mostly have an Armageddon message of some kind. Most people would consider him a lunatic and...
by Taylor Larimore
Mon Aug 03, 2015 4:56 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth
Replies: 10
Views: 1172

Re: Allan Roth

Ken:

Thank you for your kind message. Few words could make me happier.

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 03, 2015 4:35 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth
Replies: 10
Views: 1172

Re: Allan Roth

Allan Roth is a gem. And a gift to all serious investors. Kenner: You are very perceptive. It is no accident that Mr. Roth's "Second Grader Starter Portfolio" is currently the top 10-year performer of Paul Farrell's Lazy Portfolios.* * The "Second Grader Starter Portfolio" is Th...
by Taylor Larimore
Mon Aug 03, 2015 3:39 pm
Forum: Investing - Theory, News & General
Topic: Where can you get unbiased financial information? (Mike Piper)
Replies: 18
Views: 1518

Biased ?

I think some posters here are biased against investment strategies that vary from their definition of Boglehead investing. Beliavsky: The Boglehead Philosophy is based on academic studies. I am not sure we're "biased" if academic studies show The Boglehead Philosophy is the best way to in...
by Taylor Larimore
Mon Aug 03, 2015 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Research Conference in DC in August (free)
Replies: 6
Views: 542

Re: Retirement Research Conference in DC in August (free)

BobK:

I am impressed with the quality of the academic speakers. Should be well worth watching.

Best wishes
Taylor
by Taylor Larimore
Mon Aug 03, 2015 2:31 pm
Forum: Investing - Theory, News & General
Topic: 3-fund portfolio, wonderful concept: what about real returns?
Replies: 7
Views: 769

Re: 3-fund portfolio, wonderful concept: what about real returns?

What I would like to find a post or study about how 3-fund folio 'Actually' performed during accumulation and subsequent withdrawal stage? Rakamaka: The Three Fund Portfolio is not a "static" portfolio. It is designed to be flexible to accommodate the most appropriate asset allocation for...
by Taylor Larimore
Mon Aug 03, 2015 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market vs. Interm-Term Treasury
Replies: 25
Views: 1328

Re: Total Bond Market vs. Interm-Term Treasury

Leif:

Thank you for the comparisons. Until now, I thought the Treasury Fund would outperform Total Bond Market when bonds turned negative; however, the opposite has occurred.

Past performance does not forecast future performance.

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 03, 2015 1:33 pm
Forum: Investing - Theory, News & General
Topic: Where can you get unbiased financial information? (Mike Piper)
Replies: 18
Views: 1518

Re: "Where Can You Get Unbiased Financial Information?"

Anyone can create an account and identify themselves as a boglehead. terrabiped: I was fortunate to grow up in a generation where we were taught to always speak the truth and be responsible for what we say. Accordingly, I decided to use my real name when I began using the computer. Best wishes. Tay...
by Taylor Larimore
Mon Aug 03, 2015 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Enough is enough
Replies: 29
Views: 6141

Re: Enough is enough

HongKonger:

Thank you for your reply. There is more than one way to find contentment.

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 03, 2015 10:59 am
Forum: Investing - Help with Personal Investments
Topic: So, how do I compare two 401k plans?
Replies: 17
Views: 908

Re: So, how do I compare two 401k plans?

The main disadvantage is that this may create tax complications if you ever try to open Backdoor Roth IRA in the future.

Avi:

Please explain the "tax complications" for opening a Backdoor Roth IRA after a rollover to a Traditional IRA."

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Aug 03, 2015 10:38 am
Forum: Investing - Theory, News & General
Topic: Where can you get unbiased financial information? (Mike Piper)
Replies: 18
Views: 1518

"Where Can You Get Unbiased Financial Information?"

Bogleheads: Mike Piper, editor of Oblivious Investor was asked, "Where would you recommend looking for unbiased financial and investing information?” This is part of his reply: "As far as unbiased sources that are still knowledgable, something like the Bogleheads forum is about the closest...
by Taylor Larimore
Mon Aug 03, 2015 10:22 am
Forum: Investing - Theory, News & General
Topic: Ready to Give Up on Emerging Market Stocks?
Replies: 47
Views: 4554

Re: Ready to Give Up on Emerging Market Stocks?

JimmyJammy wrote:I'm sure I'm not the only one who will be selling VWO at the end of the year to tax loss harvest.

The question will then be what do.

JimmyJammy:

Consider The Three Fund Portfolio -- then stay-the-course.

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 03, 2015 9:54 am
Forum: Investing - Theory, News & General
Topic: Ready to Give Up on Emerging Market Stocks?
Replies: 47
Views: 4554

Re: Ready to Give Up on Emerging Market Stocks?

Bogleheads: It is usually a mistake to buy and sell sub-asset-classes in hope of outperforming the broader market. Vanguard's Total International Stock Index Fund includes about 20% emerging market stocks and is far less risky than this sub-asset class. Trying to "beat the market" is a los...
by Taylor Larimore
Sun Aug 02, 2015 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: need portfolio evaluation and advice
Replies: 3
Views: 321

Re: need portfolio evaluation and advice

Jetfan:

I did not check to see if your actual asset allocation is the same as your desired asset allocation, but your portfolio appears excellent to me. It is:

Low-cost
Very diversified
All indexed
Tax-efficient
Simple to understand and maintain.

Congratulations and best wishes!
Taylor
by Taylor Larimore
Sun Aug 02, 2015 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need other assets beside a 4 fund portfolio?
Replies: 10
Views: 824

Adding additional funds?

cats4days: Welcome to the Bogleheads Forum! My concern is, do I need any other assets aside from the LS fund? The Life Strategy Funds are designed by Vanguard experts to be a complete portfolio in one fund. Please resist the temptation to add more funds unless absolutely necessary (example: Your tax...
by Taylor Larimore
Sun Aug 02, 2015 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: So, how do I compare two 401k plans?
Replies: 17
Views: 908

Re: So, how do I compare two 401k plans?

It would be smart of me to combine the funds from both to one account, but I'm not sure which provider is the best option. YoungBoglehead: It may be even smarter to exchange your old 401 Target Fund to a Vanguard IRA Target Fund. I'm interested in seeing how you answer AviN's questions. Best wishes...
by Taylor Larimore
Sun Aug 02, 2015 7:47 pm
Forum: Investing - Theory, News & General
Topic: [How often do you check on your investments?]
Replies: 43
Views: 1765

Re: Checking Investments

to2958 wrote:How often do you check on your investments?

Once or twice a year.

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Enough is enough
Replies: 29
Views: 6141

Enough -- by Jack Bogle

snowshoes wrote:I'd suggest you read "Don't Count on it" by Jack C.Bogle himself. Good Luck!

Bogleheads can read valuable excerpts from Mr. Bogle's book here:

"Don't Count On It"--A Gem

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Are bond mutual funds better than other types of bonds?
Replies: 9
Views: 604

Re: Are bond mutual funds better than other types of bonds?

Titan5045:

The Boglehead wiki will help answer your question:

Individual Bonds vs. a Bond Fund

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 5:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1413
Views: 280390

Re: U.S. stocks in freefall

Bonds are for safety. Total Bond Market Index Fund is up year to date.

Stocks are best for higher returns--but with more risk of loss.

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Enough is enough
Replies: 29
Views: 6141

Re: Enough is enough

Decided time was more important than $$. Put my apartment up for sale. Ran some numbers. Found a country where spending less than 3% would be fine and I could have the life I always wanted. Pulled the plug and moved across the world alone to retire aged 41. No pension or additional cash expected to...
by Taylor Larimore
Sun Aug 02, 2015 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: US citizen/expat living in Belgium - investment advice
Replies: 12
Views: 838

Re: US citizen/expat living in Belgium - investment advice

sociableorg:

Welcome to the Bogleheads Forum!

I am unable to answer your question, but I helped liberate Belgium from the Nazi's in 1945. Enjoy your stay.

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 3:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: bogleheadism == Vanguard?
Replies: 65
Views: 4447

The Thrift Savings Plan

Bogleheads:

This is a good article describing the U.S. Government's Thrift Savings Plan:

What do you think of the Thrift Savings Plan?

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard Funds Are Right For Me?
Replies: 12
Views: 791

Re: Which Vanguard Funds Are Right For Me?

My understanding is that with the PMA package at Wells, I get 100 free trades per account per year. I do have an Advisor at Wells Fargo who I have met with two times since 2008, and who sends me a nice Christmas card in December. That is the extent of our relationship. There is no cost associated w...
by Taylor Larimore
Sun Aug 02, 2015 11:28 am
Forum: Local Chapters and Bogleheads Community
Topic: bogleheadism == Vanguard?
Replies: 65
Views: 4447

Government Thrift Savings Plan

VictoriaF wrote:TSP is better than Vanguard, but most people don't have access to it.

Victoria

This is an example of the even-handed way our Boglehead wiki handles non-Vanguard funds:

The Thrift Savings Plan

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 02, 2015 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Less funds in Taxable acct; better funds at TRowe or Fidelity for 403B?
Replies: 27
Views: 1180

One fund or more?

they-kemp: I don't often contradict, but putting all your investments into one asset-class, managed, stock fund, even one as good as Windsor II has been, could be a serious mistake. Please read "Asset-Allocation" on our wiki here: Asset Allocation Past performance does not guarantee future...
by Taylor Larimore
Sun Aug 02, 2015 10:39 am
Forum: Local Chapters and Bogleheads Community
Topic: bogleheadism == Vanguard?
Replies: 65
Views: 4447

Re: bogleheadism == Vanguard?

if the goal of this site is to help people adopt and understand the boglehead philosophy as opposed to becoming a Vanguard customer, then I encourage you to scrub references to Vanguard in anything that you control, like the wiki. Otherwise you run the danger of being perceived as a marketing tool ...
by Taylor Larimore
Sun Aug 02, 2015 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Close to 93% of portfolio in individual stocks?
Replies: 23
Views: 1861

Stocks vs. Mutual Fund ?

I have a friend whose money is invested with Raymond James, 93% of which is invested in 15 or 16 stocks. I believe most of these stocks are dividend stocks such as Target, Microsoft, Apple, GE etc. What are the Bogleheads opinions on such a portfolio? TMCD75: Many years ago my portfolio was 100% in...
by Taylor Larimore
Sun Aug 02, 2015 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Enough is enough
Replies: 29
Views: 6141

Re: Enough is enough

Please share your story if you made a voluntary choice at some point to spend more, save less, and/or retire before reaching some magic number. Letsgobobby: I think many workers make the choice of continuing to work for more money or taking early retirement. In my case, I made the decision to retir...
by Taylor Larimore
Sun Aug 02, 2015 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Long term plan
Replies: 3
Views: 343

Re: Long term plan

I'm at 2m and still work part time. I coach x-c in HS. I'm 62 wife 59. My plan is to start moving into a Roth ira from a ira. I'm at 15% tax bracket but at 70 I could be at 25%. My plan is to work at the Roth IRA so when I hit 70 I'm at 10% and use my Roth to help out if I need too. I live easily o...
by Taylor Larimore
Sat Aug 01, 2015 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 32
Views: 4422

Call or write?

Call the IRS and talk to them. They are helpful, and you want to make this right. They will help you. Sorry to disagree. This could be a complicated situation and the person who answers the phone is unlikely to know the answer -- even if you manage to get a representative. Worse, they may give you ...
by Taylor Larimore
Fri Jul 31, 2015 8:34 pm
Forum: Personal Consumer Issues
Topic: Retirees: Questions you hate being asked
Replies: 88
Views: 6716

Re: Retirees: Questions you hate being asked

Since I've been retired a few years now, sometimes I get asked questions that I don't understand or that annoy me. Was wondering if there are questions that you dislike, don't understand or feel are off limits. My pet peeve is: "what do you do all day?" tennisplyr: I can't recall a questi...
by Taylor Larimore
Fri Jul 31, 2015 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: All-in-one versus multiple funds
Replies: 7
Views: 667

Re: All-in-one versus multiple funds

Scooper74: Welcome to the Bogleheads Forum! If all your investments are in a tax-advantaged account, I suggest a single Life Strategy or Target Fund for ultimate simplicity and expert design. This is a link to Vanguard's (12) Target Funds: https://investor.vanguard.com/mutual-funds/target-retirement...
by Taylor Larimore
Fri Jul 31, 2015 3:41 pm
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Indexing"
Replies: 16
Views: 3742

Re: What Experts Say About "Indexing"

Ken French, Nobel Laureate: "If it weren't for noise, 98% of investors would see what's going on and buy passive strategies." Is this correct? I didn't think French was a Nobel Laureate. The Google tells me he isn't (not that I disagree with the quote). Brogleski: You are correct. I have ...
by Taylor Larimore
Fri Jul 31, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1165
Views: 557204

Adding specific funds to The Three Fund Portfolio

I am thinking about adding some TIPS to my 3 fund portfolio. Can anyone comment on VTIP vs VIPSX and why one would be better? Thank you. fishdrzig: The primary advantages of The Three Fund Portfolio are its low-cost, broad diversification, and 3-fund simplicity. Adding additional funds to your port...
by Taylor Larimore
Fri Jul 31, 2015 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: CETERA
Replies: 5
Views: 313

Re: CETERA

Hue: CETERA does not look good to me. Turn to pages 15-18 to see their fees: https://myceterasmartworks.com/Public/Portal/Content.aspx?ContentId=6281132 United States Securities and Exchange Commission: "Independent studies show fees and expenses can be a reliable predictor of mutual fund perfo...

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