Search found 15878 matches

Return to advanced search

Accumulation phase and distribution phase portfolios.

I assume these portfolios are for the accumulation phase. sarahjane: Simple portfolios that do not have fixed percentages should be suitable for both accumulation and distribution phases. The Three Fund Portfolio and Vanguard's Target Funds are excellent in both our accumulation and distribution ph...
by Taylor Larimore
Sat Apr 19, 2014 8:44 pm
 
Forum: Investing - Theory, News & General
Topic: Blog:William Bernstein’s Coward’s Portfolio
Replies: 17
Views: 2424

Re: paydown strategy for mortgage

Chak: I agree with Grabiner. Making payments to a mortgage (except a very low-interest mortgage) is usually better than making investments into a taxable account. An exception might be if you anticipate a need for cash in the near future. Investors in high income-tax brackets should also consider th...
by Taylor Larimore
Sat Apr 19, 2014 5:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: paydown strategy for mortgage
Replies: 23
Views: 1060

Re: Blog:William Bernstein’s Coward’s Portfolio

William Bernstein, investment manager and author, first introduced a version of his (8 fund) “Coward’s portfolio” in 1996. In his latest book, Dr. Bernstein recommends a 3 fund portfolio: http://blogs.marketwatch.com/thetell/2014/04/09/how-millenials-can-get-rich-slowly-book-blasts-financial-indust...
by Taylor Larimore
Fri Apr 18, 2014 9:32 pm
 
Forum: Investing - Theory, News & General
Topic: Blog:William Bernstein’s Coward’s Portfolio
Replies: 17
Views: 2424

Vanguard Frequent Trading Policy

Thethinker: I found this: Vanguard advocates a long-term investing approach. We prefer to safeguard our long-term shareholders from subsidizing frequent transaction activity by others. Our frequent-trading policy restricts fund investors from making rapid out-and-back round trips. It prohibits share...
by Taylor Larimore
Thu Apr 17, 2014 10:44 pm
 
Forum: Investing - Theory, News & General
Topic: Does Vanguard charge Rebalancing fees?
Replies: 19
Views: 1217

Re: Does Vanguard charge Rebalancing fees?

I cannot find any information on the website and hoping someone here might have an answer. It is my understanding that moving from one Vanguard Index fund to another is done so without any charges or fees. So if I wanted to sell $1,000 from the Vanguard US Total Stock Market Fund and with that same...
by Taylor Larimore
Thu Apr 17, 2014 10:30 pm
 
Forum: Investing - Theory, News & General
Topic: Does Vanguard charge Rebalancing fees?
Replies: 19
Views: 1217

"Please help me understand The Three Fund Portfolio."

Bogleheads:

A new Boglehead wrote: "Please help me understand The Three Fund Portfolio." He received this excellent reply from Nisipirus:

viewtopic.php?f=10&t=137468&p=2030630#p2030630

Best wishes
Taylor
by Taylor Larimore
Thu Apr 17, 2014 9:18 pm
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 742
Views: 256522

Thank you.

Pennstater:

Thank you for your reply.

Best wishes
Taylor
by Taylor Larimore
Thu Apr 17, 2014 9:00 pm
 
Forum: Personal Consumer Issues
Topic: I need a new coffee maker, any recommendations?
Replies: 60
Views: 2140

Re: I need a new coffee maker, any recommendations?

pennstater2005 wrote: I don't want a Keurig, that's out. I want an auto drip, preferably something fast like the Bunn if that exists. Any ideas?

pennstater:

Why is a Keurig "out?"

What is the advantage of an "auto drip?"

Thank you and best wishes.
Taylor
by Taylor Larimore
Thu Apr 17, 2014 8:08 pm
 
Forum: Personal Consumer Issues
Topic: I need a new coffee maker, any recommendations?
Replies: 60
Views: 2140

Re: Asset allocation over time

I am 34 years old and have a 70% equity/30% fixed income allocation for my IRAs. I plan to gradually shift to more fixed income over time, but I was curious how you all change your asset allocation over time in IRAs. asif: Jack Bogle suggests, as a rough rule-of-thumb, that investor should own a per...
by Taylor Larimore
Thu Apr 17, 2014 4:40 pm
 
Forum: Investing - Theory, News & General
Topic: Asset allocation over time
Replies: 23
Views: 1194

Bogle on High Frequency Trading

Jack, In March-April we were bombarded with the news about High Frequency Trading (HFT). What is your current opinion about HFT and the merits of Vanguard using HFT-resistant exchanges such as IEX? Thank you, Victoria Victoria: Two days ago Mr. Bogle said: On balance, I think High-Frequency Trading...
by Taylor Larimore
Thu Apr 17, 2014 4:23 pm
 
Forum: Investing - Theory, News & General
Topic: Q&A with Jack Bogle at 2014 Bogleheads Conference
Replies: 5
Views: 731

Re: Vanguard Total International (VTSAX) Qualified Distribut

Does anybody know why it is listed as providing basically 100% qualified distributions on the Bogleheads wiki? EncOre: You may be mistaken. This Boglehead wiki page lists 2013 Qualified Distributions for Total International Stock Market at 66.97%. http://www.bogleheads.org/wiki/Vanguard_Total_Inter...
by Taylor Larimore
Thu Apr 17, 2014 4:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International (VTSAX) - Taxable Account
Replies: 24
Views: 2086

Re: The dangers of backtesting.

John: Many thanks for introducing us to this important study for investors who often pick funds and portfolios on the basis of backtesting. :oops: Using past performance numbers as a method for choosing mutual funds is such a lousy idea that mutual fund companies are required by law to tell you it i...
by Taylor Larimore
Thu Apr 17, 2014 2:40 pm
 
Forum: Investing - Theory, News & General
Topic: The dangers of backtesting and overfitting data - paper
Replies: 18
Views: 996

Re: Over-55 communities.

Question: Why would an over-55 'empty-nest' couple 'downsize' by selling their long-time and likely paid-off home, and buying into a new over-55 community? These heavily-marketed communities are no bargain, with 3-bedroom homes starting in the $300,000 range where I live (Philadelphia area). If the...
by Taylor Larimore
Thu Apr 17, 2014 2:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Over-55 communities a ripoff?
Replies: 38
Views: 2590

Safety ?

Define "safety."

In 2008 Vanguard's S&P 500 Index Fund plunged -37%. Meanwhile, Total Bond Market Index Fund gained +5%.

That's "safety."

Best wishes.
Taylor
by Taylor Larimore
Thu Apr 17, 2014 1:44 pm
 
Forum: Investing - Theory, News & General
Topic: Why are total bond market funds so often recommended?
Replies: 52
Views: 4310

Traditional 401K or Roth 401K

Can anyone help me determine whether to use pre-tax dollars to fund this 401k or use after-tax dollars in my Vanguard account? Even though the ERs are high, it would still seem better to use pre-tax $$$. I'm in the 33% tax bracket by the way. dr.j: You appear to be asking whether to use a Tradition...
by Taylor Larimore
Wed Apr 16, 2014 6:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401k Group Annuity Fund Selection: PIMCO or bust?
Replies: 8
Views: 360

Estate distributions ?

nosubject: Welcome to the Bogleheads forum! This year I'm receiving a large taxable distribution from my father's estate. Are you sure? Inheritances are usually tax-free to heirs. You may also find this Guideline from Schwab helpful: http://www.schwabcdn.com/public/file/P-1625576/CS13416-02_MKT13598...
by Taylor Larimore
Wed Apr 16, 2014 5:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Little to no income for 2 years- take IRA RMDs up to 37k?
Replies: 14
Views: 1151

inflation- adjusted return of the three fund portfolio.

cosimdm wrote:What does the inflation- adjusted return of the three fund portfolio look like?

Cosimdm:

You will find your answer HERE (in red) in my opening post.

Past performance does not guarantee future performance.

Best wishes.
Taylor
by Taylor Larimore
Wed Apr 16, 2014 5:39 pm
 
Forum: Investing - Theory, News & General
Topic: Please Help me understand 3-fund portfolio
Replies: 21
Views: 2058

Need fund names.

IJS:

Few of us have memorized ticker symbols. You will get more replies if you add fund names using the "EDIT" button at the top of your post.

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Apr 16, 2014 3:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: how similar small vap value ishares IJS with vanguard VBR
Replies: 6
Views: 275

Probability and Possibility

History cannot predict the future but if one invested 100% in a vanguard bond fund, how much less of a return should they expect on average as opposed to 100% stocks or a stock/bond mixture? The thinker: No one can predict the future. A wise investor considers Probability AND Possibility. Best wish...
by Taylor Larimore
Wed Apr 16, 2014 3:40 pm
 
Forum: Investing - Theory, News & General
Topic: Please Help me understand 3-fund portfolio
Replies: 21
Views: 2058

Unsure how to answer

:Taylor, Thank you for the insight. I feel somewhat bound and chained by the poor choices in my 401k. My company offers a $10k safe harbor contribution (regardless of my contribution). How do I determine whether to use pre-tax dollars to fund this 401k or use after-tax dollars in my Vanguard accoun...
by Taylor Larimore
Wed Apr 16, 2014 11:22 am
 
Forum: Investing - Help with Personal Investments
Topic: 401k Group Annuity Fund Selection: PIMCO or bust?
Replies: 8
Views: 360

Nisiprius answers a question.

I am trying to understand the basic reason for a 3 fund portfolio.

thethinker:

I am glad I did not answer your question. Nisiprius has answered it much better than I could.

Best wishes.
Taylor
by Taylor Larimore
Wed Apr 16, 2014 11:10 am
 
Forum: Investing - Theory, News & General
Topic: Please Help me understand 3-fund portfolio
Replies: 21
Views: 2058

Total Bond Market Risk ?

Consider the whole: you've also got a lot of short-term bonds in there to dampen the effect of rising rates. Average duration of TBM is 5.6 years. Compare to Intermediate-Term Bond Index, which is 6.5 years. Bustoff: Tom is right. It is a bond fund's " average duration" that best reflects...
by Taylor Larimore
Wed Apr 16, 2014 10:49 am
 
Forum: Investing - Theory, News & General
Topic: Why are total bond market funds so often recommended?
Replies: 52
Views: 4310

Re: 401k Group Annuity Fund Selection: PIMCO or bust?

dr.j This is one of the most expensive 401Ks we have seen posted. The 401K Advantus 500 Index fund charges more than 20 times what Vanguard (VFIAX) charges. :twisted: Accept any match from the company, but I would be strongly tempted to use my remaining savings to invest in IRAs or tax-efficient ind...
by Taylor Larimore
Wed Apr 16, 2014 10:29 am
 
Forum: Investing - Help with Personal Investments
Topic: 401k Group Annuity Fund Selection: PIMCO or bust?
Replies: 8
Views: 360

Re: Going from lump sum to desired portfolio allocation

bbfletch: Welcome to the Bogleheads Forum! I'm quite concerned about poor market timing and seeing my principal suddenly decline. Should I average into the market over a certain period (what period of time is reasonable?) or will it not make much difference in the long-term? Inasmuch as you would be...
by Taylor Larimore
Wed Apr 16, 2014 10:10 am
 
Forum: Investing - Help with Personal Investments
Topic: Going from lump sum to desired portfolio allocation
Replies: 4
Views: 314

Correction

Total Bond Markets diversification is beginning to look like a double-edged sword in terms of duration risk. Distribution by maturity (% of fund) as of 03/31/2014 5 - 10 Years - 35.4% 10 - 20 Years - 5.2% 20 - 30 Years - 10.5% Over 30 Years - 0.4% Bustoff: Your figures do not add to 100%. These are...
by Taylor Larimore
Wed Apr 16, 2014 9:47 am
 
Forum: Investing - Theory, News & General
Topic: Why are total bond market funds so often recommended?
Replies: 52
Views: 4310

Target Funds. Answer to questions

dsquy: First of all, I want to thank you (and I am sure other Bogleheads feel the same) for your service to our country! What I haven't quite found in language simple enough for me to grasp is whether or not this just applies to new contributions, or if the existing portions of the fund are automati...
by Taylor Larimore
Tue Apr 15, 2014 8:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Target Funds
Replies: 4
Views: 539

Bond yields ?

Bogleheads:

Higher yield in bonds nearly always equals higher risk. This quote says it all:
More money has been lost by investors seeking higher yield than has been lost at the point of a gun.

Best wishes.
Taylor
by Taylor Larimore
Tue Apr 15, 2014 7:38 pm
 
Forum: Investing - Theory, News & General
Topic: Why are total bond market funds so often recommended?
Replies: 52
Views: 4310

Re: Rebalancing

Just a quick question for the board. I just did my annual rebalance in a few months back so I won't be doing another one until 2015. This past year I just allowed TIAA-CREF to rebalance my account automatically on my birthday (I use all Vanguard Institutional funds in my TIAA-CREF 403B). Am I bette...
by Taylor Larimore
Tue Apr 15, 2014 7:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question
Replies: 5
Views: 309

Long-term returns of U.S. stock market.

I would like to see if Great-great-great-great Grandpa invested a $1,000 in Vanguard Total Stock Market back in 1792, what would his account value be worth now? Also, his average performance for 222 years. :-) imgritz Jeremy Siegel has a graph on the cover of the second edition of his Stocks for th...
by Taylor Larimore
Tue Apr 15, 2014 6:49 pm
 
Forum: Investing - Theory, News & General
Topic: Stocks: How Bad It Can Get
Replies: 72
Views: 5333

Re: Stocks: How Bad It Can Get

Cosmo wrote:So what action can I take on this information?

Cosmo:

Allocate a sufficient amount of bonds in your portfolio so that you will not lose sleep or sell during the next bear market.

Best wishes.
Taylor
by Taylor Larimore
Tue Apr 15, 2014 5:46 pm
 
Forum: Investing - Theory, News & General
Topic: Stocks: How Bad It Can Get
Replies: 72
Views: 5333

Re: what bond funds to hold(Bernstein's Sheltered Sam)

I read William Bernstein's Four Pillars of Investing and Intelligent Asset Allocator about a year ago and have been investing according to his "Sheltered Sam" portfolio since. I've had the bond portion of my porfolio(80stock/20bond) in the following: 12% VSGDX Vanguard Short-Term Federal ...
by Taylor Larimore
Tue Apr 15, 2014 5:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: what bond funds to hold(Bernstein's Sheltered Sam)
Replies: 7
Views: 860

A personal story.

Stocks: How Bad It Can Get? asset_chaos: This is a post I wrote on November 15, 2008, near the bottom of a bad bear market when most stock funds had already lost over 50%. Our family owned "Larimore's Diner" in Foxboro, Mass. in 1929. I was 5 years old and remember. When the depression hi...
by Taylor Larimore
Tue Apr 15, 2014 5:16 pm
 
Forum: Investing - Theory, News & General
Topic: Stocks: How Bad It Can Get
Replies: 72
Views: 5333

Re: Annuities

CountryBoy: A 5-year SPIA (Single Premium Immediate Annuity) sounds like an oxymoron to me. In any event, so few companies offer them that I doubt if the premium is competitive. I would stay liquid until you are sure you are ready to start receiving your annuity income. Buy at that time (assuming yo...
by Taylor Larimore
Tue Apr 15, 2014 4:52 pm
 
Forum: Investing - Theory, News & General
Topic: Annuities
Replies: 59
Views: 3898

The case for TBM.

Can anyone make a case for TBM? Not "it doesn't matter", but a real reason to introduce agency and corporate bonds into a simple stock + treasury portfolio? Steve: No one can forecast which bond fund category will outperform (risk & return) in the future. The case for Total Bond Marke...
by Taylor Larimore
Tue Apr 15, 2014 4:20 pm
 
Forum: Investing - Theory, News & General
Topic: Why are total bond market funds so often recommended?
Replies: 52
Views: 4310

Re: SPIA Annuities

But as of the moment, the complexity of the product together with the learning curve required cause me to back off. Country Boy: A single premium immediate annuity (SPIA) is one of the most simple investment products you can buy. You pay a one-time premium and receive a guaranteed income for life. ...
by Taylor Larimore
Tue Apr 15, 2014 8:09 am
 
Forum: Investing - Theory, News & General
Topic: Annuities
Replies: 59
Views: 3898

Stay the course.

In the past few months i lost about $10K in my retirement investments and my biotech mutual fund has tanked as well. is this downswing in the market temporary? whats everyone doing now..staying the course as always? Stoney: Six months ago you wrote: i am really tempted to sell all my stocks and fun...
by Taylor Larimore
Tue Apr 15, 2014 7:44 am
 
Forum: Investing - Help with Personal Investments
Topic: Lost $10K in my investments past few months
Replies: 36
Views: 4328

John Bogle

Bogleheads: A wonderful picture of our mentor, John Bogle, working in his office "to give ordinary investors a fair shake": http://news.investors.com/photopopup.aspx?path=MFjump_140403.jpg&docId=695709&xmpSource=&width=3600&height=2526&caption=Still+hard+at+work%2c+John...
by Taylor Larimore
Mon Apr 14, 2014 9:44 pm
 
Forum: Investing - Theory, News & General
Topic: IBD's interview John Bogle [Investor's Business Daily]
Replies: 24
Views: 1900

"Roadmap for Investing Success"

cetncetn wrote:Paul, yes the Altucher article was the one I was referring to

cetncetn:

If you are serious about investing, there is no better on-line book than Paul's free ROADMAP FOR INVESTING SUCCESS

Best wishes.
Taylor
by Taylor Larimore
Mon Apr 14, 2014 9:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: What does "invest in the market mean"
Replies: 11
Views: 870

Bogleheads don't waste money hoping to beat the market.

You read Kiplinger over The Wall Street Journal?

Abuss:

Kiplinger was a gift. The Wall Street Journal is expensive.

Bogleheads don't spend money unnecessarily hoping to beat the market.

Best wishes.
Taylor
by Taylor Larimore
Mon Apr 14, 2014 9:15 pm
 
Forum: Investing - Theory, News & General
Topic: IBD's interview John Bogle [Investor's Business Daily]
Replies: 24
Views: 1900

Re: What does "invest in the market mean"

Am absolutely new to investing ( as in I have no investments yet ) So I came across this statement in an article in business insider "Mutual funds don't outperform the general market so better to invest in the general market without paying the extra layer of fees." So I guess my question ...
by Taylor Larimore
Mon Apr 14, 2014 5:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: What does "invest in the market mean"
Replies: 11
Views: 870

Arthur Kane--Miami stock trader.

"Kane was a big trader. He knew everything about the market. You know how people get hooked on the market? He was one of them."

Stock Market Loser Kills Brokerage Manager, Self in Shooting Rampage

Best wishes.
Taylor
by Taylor Larimore
Sun Apr 13, 2014 9:56 pm
 
Forum: Investing - Theory, News & General
Topic: What % of stock market "drive" is gambling?
Replies: 36
Views: 3432

Re: What % of stock market "drive" is gambling?

Bogleheads: Many years ago when I was a Revenue Officer with the IRS, I was sent to collect a substantial unpaid estimated-tax from a man in Miami. I expected to meet a man of means. Instead, I found the delinquent, poorly dressed taxpayer in the front row of Merrill Lynch's downtown Miami office. T...
by Taylor Larimore
Sun Apr 13, 2014 9:03 pm
 
Forum: Investing - Theory, News & General
Topic: What % of stock market "drive" is gambling?
Replies: 36
Views: 3432

Re: Best car comparison website

What's the best site for comparing a bunch of cars? I'm looking to compare price, gas mileage, safety, warranty and some more specific things like ground clearance and interior dimensions for 5-10 cars. sunnyday: You might want to look at the April "Car Issue" of Consumer Reports availabl...
by Taylor Larimore
Sun Apr 13, 2014 8:35 pm
 
Forum: Personal Consumer Issues
Topic: Best car comparison website
Replies: 4
Views: 554

Thank you, Lady Geek.

I added this thread to the wiki: Taylor Larimore's Investment Gems

Thank you, Lady Geek.

Best wishes.
TAylor
by Taylor Larimore
Sun Apr 13, 2014 7:30 pm
 
Forum: Investing - Theory, News & General
Topic: "If You Can: How Millennials Can Get Rich Slowly"-- A Gem
Replies: 4
Views: 1882

Re: Vanguard S&P 500 vs Total Stock

Any ideas/insights why choose one fund over the other?

Lazyfabs:

Jack Bogle, who started both funds, prefers Total Stock Market Index Fund (the world's largest stock fund).

Both funds should be excellent in taxable accounts.

Best wishes.
Taylor
by Taylor Larimore
Sun Apr 13, 2014 4:19 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard S&P 500 vs Total Stock
Replies: 17
Views: 2918

"If You Can: How Millennials Can Get Rich Slowly"-- A Gem

Bogleheads: William Bernstein, Ph.D., M.D., is a practicing neurologist in Oregon and also a highly respected author and adviser. Doctor Bernstein is a long-time member of the Panel of Experts at Boglehead conferences. "I am writing this (e-book) book for my children, my grandchildren, and for ...
by Taylor Larimore
Sun Apr 13, 2014 4:00 pm
 
Forum: Investing - Theory, News & General
Topic: "If You Can: How Millennials Can Get Rich Slowly"-- A Gem
Replies: 4
Views: 1882

William Bernstein backs The Three Fund Portfolio

Bogleheads:

Financial expert, Bill Bernstein, has a new book recommending The Three Fund Portfolio:

Bernstein "blasts financial industry, backs 3-fund portfolio

Best wishes.
Taylor
by Taylor Larimore
Thu Apr 10, 2014 1:43 pm
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 742
Views: 256522

Risk Tolerance factors.

As I think you know, your risk-tolerance is only one of the factors to consider when structuring your asset-allocation plan. Other factors are your goals, time-frame and personal financial situation. This simple formula* will help match your portfolio with your risk-tolerance : Stocks should not ex...
by Taylor Larimore
Thu Apr 10, 2014 12:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: "Choose an AA appropriate for your personal risk tolerance"
Replies: 10
Views: 821

"Risk Tolerance" formula

This is a common idea around here, and central to the buy - hold - re-balance investment philosophy. The follow-up question is: How do I determine my personal risk tolerance? Is this just an emotional decision? How well can I stomach a loss? I'm not simply asking what my risk tolerance should be. R...
by Taylor Larimore
Thu Apr 10, 2014 11:36 am
 
Forum: Investing - Help with Personal Investments
Topic: "Choose an AA appropriate for your personal risk tolerance"
Replies: 10
Views: 821

Vanguard Pen ?

Bogleheads:

I don't have a "Vanguard Pen" and never saw one advertised. Are they cheap and superior -- the same as Vanguard funds? How does one get one?

Thank you and best wishes.
Taylor
by Taylor Larimore
Thu Apr 10, 2014 10:42 am
 
Forum: Local Chapters and Bogleheads Community
Topic: I saw a "Boglehead" on my flight yesterday!
Replies: 65
Views: 7546
Next

Return to advanced search