Search found 18128 matches

by Taylor Larimore
Sat Jul 04, 2015 7:30 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing
Replies: 26
Views: 1623

"Why Market Timing Doesn't Work" by Paul Merriman

Bogleheads: "I don’t think more than perhaps one in 100 investors will be successful using timing." -- Paul Merriman More advice: Don’t try to do it yourself unless you are certain you can carry out an ironclad discipline through thick and thin. I promise you this: Timing’s short-term resu...
by Taylor Larimore
Sat Jul 04, 2015 2:09 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing
Replies: 26
Views: 1623

Bad Advice

It's just as easy to apply market timing to bonds as well as to stocks. Bogleheads: I strongly urge you to ignore the above advice. The author is a very nice man but suggesting that it is " easy to apply market timing to bonds as well as to stocks" is simply wrong as Mr. Bogle and other e...
by Taylor Larimore
Sat Jul 04, 2015 7:13 am
Forum: Investing - Theory, News & General
Topic: Possible new lazy portfolio?
Replies: 35
Views: 3826

Return vs. Volatility

Bogleheads:

Never forget:
A point of excess return is priceless; one point of additional Standard Deviation is meaningless. -- Jack Bogle

Best wishes.
Taylor
by Taylor Larimore
Fri Jul 03, 2015 9:34 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle books at 50% discount for Bogleheads
Replies: 16
Views: 3544

Mr. Bogle dedicates his book to us

Ordered a copy of John Bogle on Investing: The First 50 Years and it arrived yesterday. Can't wait to get a chance to sit down with it. Major: The original copy I have is in Blue and Gold. A beautiful book. This is part of the book's Dedication: "And especially those "Bogleheads" of ...
by Taylor Larimore
Fri Jul 03, 2015 9:08 pm
Forum: Investing - Theory, News & General
Topic: How did you start?
Replies: 30
Views: 2079

Re: How did you start?

whatariver: I joined a new investment club in 1950 organized by a stock broker and friend. We had about 20 members and each made a monthly contribution. Each month a committee of 3 were designated to carefully analyze stocks recommended by the broker and come back with their own recommendation for t...
by Taylor Larimore
Fri Jul 03, 2015 8:02 pm
Forum: Investing - Theory, News & General
Topic: Possible new lazy portfolio?
Replies: 35
Views: 3826

Lazy portfolios outperform

Paul:

Thank you for suggesting a simple and diversified two fund portfolio.

The Second Grader Starter Portfolio containing Vanguard Total Stock Market, Total Bond Market and Total International funds is currently outperforming all the more elaborate Lazy Portfolios.

Best wishes.
Taylor
by Taylor Larimore
Fri Jul 03, 2015 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: How to check annualized return
Replies: 9
Views: 630

Return and Risk

How to check annualized return?

lumberingc:

Never forget the other side of investing -- risk of loss.

Best wishes.
Taylor
by Taylor Larimore
Fri Jul 03, 2015 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 82
Views: 5562

Run, don't walk.

You appear to have an excellent 401k plan. Inasmuch as your "advisor" gave you terrible self-serving advice recommending that you not invest in a 401k plan, I would not want her advice about Disability Income Insurance (a very complex product). It is now clear to me that she is more intere...
by Taylor Larimore
Fri Jul 03, 2015 10:48 am
Forum: Investing - Theory, News & General
Topic: U.S. Bond Market Bubble
Replies: 38
Views: 2800

Re: U.S. Bond Market Bubble

Hello. I have been reading about a U.S. bond market bubble. If that is the case, what bond funds would be the safest to invest in at this time? Have any of you adjusted your portfolio because of a worry about bonds? Ron Paul recently mentioned this issue: http://video.cnbc.com/gallery/?video=300038...
by Taylor Larimore
Fri Jul 03, 2015 10:08 am
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 82
Views: 5562

Correction

Taylor wrote: "In a traditional 401k the contributions are tax-deductible; and the earnings are tax-free." Scone wrote: Surely you meant earnings are tax deferred? Or maybe you meant Roths? Or have I totally missed something? Scone: You didn't miss anything. I will edit my post. Thank you ...
by Taylor Larimore
Fri Jul 03, 2015 9:56 am
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 82
Views: 5562

Investing in a 401k ?

Wes: You have not given us any information about your company's 401k Plan. Most 401k's are excellent investments although some are inferior. In a traditional 401k the contributions are tax-deductible and the earnings are tax-deferred. No insurance company product has these combined advantages. The b...
by Taylor Larimore
Thu Jul 02, 2015 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Girlfriend's Money Manager--Should She Switch to Vanguard?
Replies: 30
Views: 2457

"What experts say about 'costs'"

ReadySetMillionaire: Welcome to the Bogleheads Forum! Tread carefully--especially if the money belongs to your new wife. A good relationship is worth more than money. You may want to copy this for your future wife and father-in-law's consideration: What Experts Say About Costs Best wishes. Taylor
by Taylor Larimore
Thu Jul 02, 2015 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Help and advice please...
Replies: 3
Views: 287

Put it in the bank.

Beachrat57: Welcome to the Bogleheads Forum! The question is what is the best way to invest this money so that it will supplement SSDI and Social Security and provide me with retirement income and the ability to grow that money in the interim. You must be VERY careful because a mistake could leave y...
by Taylor Larimore
Thu Jul 02, 2015 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 82
Views: 5562

Re: financial adviser told me not to invest too much in 401k

Is what she said about 401k have any validation?
Where else would i put my 401k money then?

Wes:

Where did the so-called "advisor" recommend you put your 401k money?

Best wishes.
Taylor
by Taylor Larimore
Wed Jul 01, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: Are REITs necessary in a portfolio? Why?
Replies: 80
Views: 5471

"Rising Interest Rates Wreak Havoc on REITs"

Bogleheads:

Morningstar posted an article about REITs today. This is the link:

Rising Interest Rates Wreak Havoc on REITs

Best wishes.
Taylor
by Taylor Larimore
Wed Jul 01, 2015 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: value over growth ?
Replies: 13
Views: 765

Re: value over growth ?

cadillex: Welcome to the Bogleheads Forum! My experience long term is that growth has outperformed value, so if one has 15+ year time horizon to retirement, isn't growth the better play. -- I am reading a lot here, and moving my portfolio towards the 3 fund goal. The Three Fund Portfolio contains bo...
by Taylor Larimore
Wed Jul 01, 2015 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Father died last year. $300k worth of stock went through Probate court (NY). Now what?
Replies: 9
Views: 1173

Re: Father died last year. $300k worth of stock went through Probate court (NY). Now what?

50% for her, 25% for me, and 25% for my sister. Gambler: I recommend each of you sell the stock immediately to avoid future capital-gain taxes. If the proceeds need reinvesting, use index funds or professionally managed mutual funds. They are MUCH less risky. What Experts Say About Individual Stock...
by Taylor Larimore
Tue Jun 30, 2015 10:19 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- Mid-Year Report
Replies: 5
Views: 836

BOGLEHEAD CONTEST -- Mid-Year Report

Bogleheads: On January 1st the S&P 500 Index was 2059. Today's mid-year closing price was 2063 --a four point gain (not including dividends). Listed below are the top ten Boglehead Contest Leaders and their January guesses on what the price of the S&P 500 Index will be on December 31st: 1 No...
by Taylor Larimore
Tue Jun 30, 2015 9:41 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1130
Views: 535640

"Active funds win battles but lose wars"

Bogleheads: Rick Ferri, author of " All About Index Funds ," has written an excellent article for Dow Jones Indexology explaining why The Three Fund Portfolio containing only index funds is expected to outperform: It’s widely known that, over time, index investing has typically outperforme...
by Taylor Larimore
Tue Jun 30, 2015 8:32 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1130
Views: 535640

"Lost decade" ?

Bogleheads: A Boglehead wrote: "We've already just experienced a lost decade." This was my reply: These are the 10-year dollar and (annualized returns) for $10,000 invested in each of the three index funds in The Three Fund Portfolio : $22,047 (8.23%) Vanguard Total Stock Market Index Fund...
by Taylor Larimore
Tue Jun 30, 2015 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: How do you Lazy portfolio funders deal with dips in the market?
Replies: 61
Views: 4738

Not a "Lost Decade" for The Three Fund Portfolio

I'd hate to imagine the conditions where the market won't go up in the long term and the resulting consequences. We've already just experienced a lost decade. inbox 788: These are the 10-year dollar and (annualized returns) for $10,000 invested in each of the three index funds in The Three Fund Por...
by Taylor Larimore
Tue Jun 30, 2015 8:11 am
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1130
Views: 535640

Wrong Forum

MacGuy: This is your first post. Welcome to the Bogleheads Forum! In order to keep this thread manageable, we try to keep this topic confined specifically to The Three Fund Portfolio . Please post questions about your personal portfolio here: Investing -- Help with Personal Investments Thank you and...
by Taylor Larimore
Mon Jun 29, 2015 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Pay student loan off at 2.875%? - otherwise, 14 years to go
Replies: 52
Views: 5070

When knowledgeable people disagree . .

Personally, I'm still undecided.

nanoanalyzer:

When knowledgeable people disagree, it is often because it makes no foreseeable difference.

Best wishes.
Taylor
by Taylor Larimore
Mon Jun 29, 2015 7:27 pm
Forum: Investing - Theory, News & General
Topic: An Argument for Long Term Treasury Bonds
Replies: 61
Views: 4675

Re: An Argument for Long Term Treasury Bonds

In 2008 when the U.S. stock market plunged nearly (-50%), Intermediate-term Total Bond Market Index Fund gained +5%; Vanguard's Long-Term Treasury Bond Fund fell (-22.5%). Randomguy: Thank you for catching my huge error. Vanguard Long-Term Treasury Bond gained +22.5% in 2008. I will edit my post. B...
by Taylor Larimore
Mon Jun 29, 2015 6:14 pm
Forum: Personal Consumer Issues
Topic: The Amalfi Coast: Next April
Replies: 21
Views: 1530

Re: The Amalfi Coast -- Unforgettable!

RTR2006:

I live in flat Florida. The Amalfi Drive is unforgettable for its mountanious beauty.

Enjoy your trip!

Best wishes.
Taylor
by Taylor Larimore
Mon Jun 29, 2015 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: How do you Lazy portfolio funders deal with dips in the market?
Replies: 61
Views: 4738

A market timer learns a lesson.

How do you Lazy portfolio founders deal with dips in the market?

JaySayms:

I am a founder of The Three Fund Portfolio.

Having once been a market-timer, I learned the hard way that when a dip in the market occurs: "Stay the course."

Best wishes
Taylor
by Taylor Larimore
Mon Jun 29, 2015 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Timing??
Replies: 3
Views: 481

Re: Mutual Fund Timing??

With regard to the mutual funds, I noticed that Vanguard's Total Stock Market Index fund just made a distribution. I'm assuming it would be ok to get into the fund now that the distribution has been made rather than before it was made. Are there any other considerations I should make with regard to...
by Taylor Larimore
Mon Jun 29, 2015 5:36 pm
Forum: Investing - Theory, News & General
Topic: An Argument for Long Term Treasury Bonds
Replies: 61
Views: 4675

An Argument Against Long Term Treasury Bonds

Bogleheads: We sometimes forget that the primary purpose of bonds and cash is to avoid risk (losses) --not for higher return. Stocks are best for higher long-term returns. Intermediate-term Total Bond Market Index Fund's worst annual loss was -2.66% in 1994. Vanguard's Long-Term Treasury Fund lost -...
by Taylor Larimore
Mon Jun 29, 2015 4:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 71
Views: 9618

Re: South Florida Local Chapter Meeting--Coming up!

Fred:

Chapter leader, Josh (clevername), will soon make an announcement of where and when we will have our next Boglehead meeting.

Stay tuned.

Best wishes.
Taylor
by Taylor Larimore
Mon Jun 29, 2015 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2965

The Three Fund Portfolio

I am 62, retired and have substantial investments in a 60/40 stocks/bonds mix. I have about 200,000 to roll over from a 401k and am considering the Vanguard Wellington fund. Is this a good move or should I be looking at Vanguard index funds since I do not yet have any index fund investments being a...
by Taylor Larimore
Mon Jun 29, 2015 7:26 am
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 155
Views: 14366

Words of Wisdom from Jack Bogle

Bogleheads: In times of uncertainty, I ask myself, "What would Jack do? His answer is on page 42 (updated edition) of Common Sense on Mutual Funds: STAY THE COURSE . No matter what happens, stick to your program. I've said 'Stay the course' a thousand times, and I meant it every time. It is the...
by Taylor Larimore
Sun Jun 28, 2015 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4460

"What if Vanguard Went Broke?"

Hi Taylor Do you not think it is safer to also hold a portion of your wealth with someone else? I was considering the same but was wondering if I should spread my money, say by holding some at Fidelity too. BogleInvestorLondon: Before moving all our securities to Vanguard, I had the same concern. O...
by Taylor Larimore
Sun Jun 28, 2015 8:29 pm
Forum: Personal Consumer Issues
Topic: 2014 Lexus ES350
Replies: 37
Views: 3708

Re: Smart or foolish decision ?

I've got a hankering to upgrade my ride to something more comfortable. The seats in my Sonata are just way too stiff. After three years they haven't loosened up one bit. The ride is just too harsh for my taste. Don't get me wrong, it has been a great car (fantastic mpg, very reliable and very good ...
by Taylor Larimore
Sun Jun 28, 2015 5:06 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 155
Views: 14366

Re: Greece impact on US markets Monday morning

sanfran2015 wrote:What might happen when US markets open tomorrow morning? Any guesses?

sanfran2015.

Sorry, I don't know enough about Greek finances to have an opinion.

I do know that I will stay-the-course .

Best wishes.
Taylor
by Taylor Larimore
Sun Jun 28, 2015 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4460

Vanguard service?

I was about to open a Vangiard account and saw these reviews. Any views on validity of these things http://www.consumeraffairs.com/automated-investment-services/vanguard.html thanks vk22: We have had all our securities with Vanguard since 1986. We could not be happier. Any mistakes (theirs and mine...
by Taylor Larimore
Sun Jun 28, 2015 3:25 pm
Forum: Investing - Theory, News & General
Topic: Good Summary of Boglehead Philosophy
Replies: 3
Views: 760

Re: Good Summary of Boglehead Philosophy

AZMax:

Thank you for sharing the importance of "simplicity" vs. our urge to "overcomplicate."

Best wishes.
Taylor
by Taylor Larimore
Sun Jun 28, 2015 2:48 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1130
Views: 535640

Study: "The Three Fund Portfolio" won 82.9% of the time.

Bogleheads: In June 2013, Richard Ferri, CFA, and Alex C. Benke, CFP, did a comprehensive twenty-five page study which included a comparison of 5,000 actively managed fund portfolios with the Three Fund Portfolio . This was a conclusion: The index fund portfolio outperformed randomly selected active...
by Taylor Larimore
Sun Jun 28, 2015 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: No gain in 9 months of investment
Replies: 23
Views: 4358

Re: No gain in 9 months of investment

freshinvestor: Welcome to the Bogleheads forum! Hello every one. I am new for investment and just started with the 3 best vanguard funds as: 40% in total stock, 50 % in total bond market and 10 % in total international stock. It has been over 9 month so far, but my asset is usually negative by 2+ % ...
by Taylor Larimore
Sun Jun 28, 2015 12:31 pm
Forum: Personal Consumer Issues
Topic: 2014 Lexus ES350
Replies: 37
Views: 3708

Smart or foolish decision ?

I've got a hankering to upgrade my ride to something more comfortable. The seats in my Sonata are just way too stiff. After three years they haven't loosened up one bit. The ride is just too harsh for my taste. Don't get me wrong, it has been a great car (fantastic mpg, very reliable and very good ...
by Taylor Larimore
Sun Jun 28, 2015 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Pay student loan off at 2.875%? - otherwise, 14 years to go
Replies: 52
Views: 5070

Re: Pay student loan off at 2.875%?

Would you pay off the student loan above or let it ride until 2029? Jonezez: Your decision, in part, depends on your income tax bracket and whether or not your student loan is tax deductible. If you are in a high tax bracket and your loan is tax-deductible (it probably is), I would be inclined to k...
by Taylor Larimore
Sun Jun 28, 2015 10:58 am
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 71
Views: 9618

Re: South Florida Local Chapter

marisara wrote:How can we get in touch?
I don't check this board everyday and don't see in settings an option to get notified of replies to posts I contribute.

marisara:

I will send you a PM (Private Message).

Thank you and best wishes.
Taylor
by Taylor Larimore
Sun Jun 28, 2015 9:32 am
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 155
Views: 14366

Importance of Greek Default ?

Bogleheads: I wonder how many of us realize that the Gross Domestic Product of Greece is less than the State of Washington and its population is less than the State of Florida? The only thing we have to fear is fear itself. -- Franklin D. Roosevelt Comparing U.S. states with other countries Stay-the...
by Taylor Larimore
Sat Jun 27, 2015 7:36 am
Forum: Investing - Theory, News & General
Topic: "Target Date Funds Are Riskier Than You Think"
Replies: 45
Views: 5839

Target Date Funds ?

Thoughts? tech_arch: After reading the article and links, my "thoughts" is that Mr. Ritter needed something to write about. In my opinion, a suitable Vanguard low-cost Target Date Fund (12 choices) in a tax-advantaged account is a superior way to invest. Target Funds are designed by Vangu...
by Taylor Larimore
Fri Jun 26, 2015 9:19 pm
Forum: Investing - Theory, News & General
Topic: Graham's "margin of safety" for US stocks (6-29-15)
Replies: 24
Views: 4281

The Three Fund Portfolio

selftalk wrote:I stopped peeking and kept on DCAing in my 3 fund portfolio per Taylor Larimore. No mental stress. Try it!

selftalk:

I am always pleased to learn when a suggestion is helpful.

This is a link to The Three Fund Portfolio.

Thank you and best wishes.
Taylor
by Taylor Larimore
Fri Jun 26, 2015 3:11 pm
Forum: Investing - Theory, News & General
Topic: "Fight Financial Clutter"
Replies: 8
Views: 1383

Re: "Fight Financial Clutter"

Bogleheads: My co-author, Laura Dogu, put it this way: A simple portfolio is actually the ultimate in sophistication. It almost always lowers cost (including taxes), makes analysis easier, simplifies rebalancing, simplifies tax-preparation, reduces paper-work and record-keeping, and enables caregive...
by Taylor Larimore
Fri Jun 26, 2015 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Should I move IRA funds to VSCGX?
Replies: 15
Views: 1621

Re: Should I move IRA funds to VSCGX?

I have edited my original post to include the total gains in each fund. The spaces do not show, so they run together. mfswatz9: Based on the additional information about your higher tax bracket and substantial capital-gains, and the fact I learned you are about age 80, I no longer suggest exchangin...
by Taylor Larimore
Fri Jun 26, 2015 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend Distribution Question
Replies: 9
Views: 1255

Wiki on Reinvesting Distributions

Could someone please explain to me the advantage of "taking" your distributions from taxable fund accounts in lieu of "reinvesting" this income? I'm still a bit confused about the advantage of doing this. P.S. - I am now newly retired. Thanks! Poboy: Our wiki has a good explanat...
by Taylor Larimore
Fri Jun 26, 2015 2:07 pm
Forum: Investing - Theory, News & General
Topic: "Fight Financial Clutter"
Replies: 8
Views: 1383

"Fight Financial Clutter"

Bogleheads: Allan Roth, is an author, adviser, Boglehead and a writer for AARP magazine. His latest article is about Financial Clutter. This is an excerpt: Clutter presents huge problems: * The more accounts one has, the harder — and more time-consuming and stressful — it is to keep track of everyth...
by Taylor Larimore
Fri Jun 26, 2015 9:58 am
Forum: Investing - Help with Personal Investments
Topic: taxes on VG total stock index fund
Replies: 8
Views: 829

Qualified Dividend Taxes

Penguin:

Thank you for the correction. This article from Fidelity goes into more detail about Qualified Dividends:

https://www.fidelity.com/taxes/tax-topi ... -dividends

Best wishes.
Taylor
by Taylor Larimore
Fri Jun 26, 2015 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 34
Views: 4590

"Little Book of Common Sense Investing"

I have encouraged our son (then 25, now 30) to think outside of Bogle and chose a couple-three plays. :greedy itstoomuch: Please consider the fact that Mr. Bogle knows much more about investing than we do. Give your son Mr. Bogle's, "Little Book of Common Sense Investing." Best wishes. Ta...

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