Search found 18305 matches

by Taylor Larimore
Fri Jul 31, 2015 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: CETERA
Replies: 4
Views: 160

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...
by Taylor Larimore
Fri Jul 31, 2015 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Could John Bogle Be Right About International Stock?
Replies: 61
Views: 4839

Bill Bernstein

I don't know Bill Bernstein dc81584 In 2003, at our third reunion in Chicago, I was having lunch at a large round table with 6 or 7 real investing experts. I'll never forget Mr. Bogle's words: " I am honored to be sitting among the brightest investment minds I know. " -- He was looking di...
by Taylor Larimore
Fri Jul 31, 2015 10:40 am
Forum: Investing - Theory, News & General
Topic: "How to Beat the S&P 500 Index"
Replies: 1
Views: 278

"How to Beat the S&P 500 Index"

Bogleheads:

Allan Roth is a Boglehead and a columnist for AARP magazine. His current article, with its provocative headline, explains how many (maybe most) journalists, authors and advisers trick us with misleading data.

How To Beat The S&P 500 Index

Best wishes.
Taylor
by Taylor Larimore
Fri Jul 31, 2015 10:14 am
Forum: Investing - Theory, News & General
Topic: Holding forecasters accountable
Replies: 6
Views: 334

Re: Holding forecasters accountable

Larry: Thank you for reminding us why Bogleheads ignore stock and bond market forecasts. Jack Bogle: "After nearly 50 years in this business, I do not know of anybody who has done market timing successfully and consistently. I don't even know anybody who knows anybody who has done it successful...
by Taylor Larimore
Thu Jul 30, 2015 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 16
Views: 1729

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

sunny_socal: I know it is an unpleasant shock to receive a letter from the IRS notifying you that you owe them money. This is my suggestion (I am a former IRS Revenue Officer): * If you believe the IRS is wrong, and you have the evidence to prove it, simply reply as instructed and send them supporti...
by Taylor Larimore
Thu Jul 30, 2015 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with 3-fund portfolio basics
Replies: 7
Views: 452

Picking individual stocks ?

I am looking to invest in: Traditional IRA Cash: 80% Individual Stocks: 20% readytoinvest: Welcome to the Bogleheads Forum! If you are thinking about investing in individual stocks, may I suggest you consider the advice of these experts: Alpha Architect: "Between 1983 and 2006, around 73% of f...
by Taylor Larimore
Thu Jul 30, 2015 4:14 pm
Forum: Investing - Theory, News & General
Topic: Does VTSAX Needlessly Holds Too Many Stocks?
Replies: 20
Views: 1384

Re: Does VTSAX Needlessly Holds Too Many Stocks?

Does VTSAX (Vanguard Total Market Index Fund Admiral) Needlessly Holds Too Many Stocks? Patzer: My answer to questions like this is that the experts at Vanguard know far more than I do how to manage their funds. They have done a pretty good job. Vanguard Total Stock Market Index Fund is now the lar...
by Taylor Larimore
Thu Jul 30, 2015 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance in Taxable or in IRA after receipt of Lump Sum
Replies: 11
Views: 801

Further improvement

Dave: You're right! I have edited your suggestion into the portfolio. You might also reduce the taxable allocations to include cash. Use a tax-exempt money market fund for that purpose. I run all my account transactions (not many) through my MM fund for record-keeping in one fund's account. Best wis...
by Taylor Larimore
Thu Jul 30, 2015 11:23 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 79
Views: 8021

Jack Bogle was right.

Bogleheads: Mr. Bogle is often criticized for his belief, reflected in his 1993 statement in Bogle on Mutual Funds that "Your exposure to mutual funds investing in foreign stocks should not exceed 20% of your equity allocation." Up to now, he has been right . Investors who followed his adv...
by Taylor Larimore
Thu Jul 30, 2015 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Priorities
Replies: 37
Views: 2662

Food for thought. . .

protagonist:

Thank you for one of the longest and best posts I have read on the forum. It contains "food for thought" for all of us.

Best wishes.
Taylor
by Taylor Larimore
Thu Jul 30, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Terrible Index Funds
Replies: 9
Views: 1120

Costs Matter!

Johnston does the math on the Great-West S&P 500 Index Fund (MXVIX), which charges 0.6% a year. Assuming a 30-year time frame compared with an S&P 500-tracking fund that charges 0.1%, he concludes that an investor is missing out on $114,000 over their lifetime. Late Starter: Thank you for t...
by Taylor Larimore
Thu Jul 30, 2015 1:59 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 79
Views: 8021

Re: Jack Bogle in this Month's Money Magazine

CFM 300:

Thank you for the correction.

Best wishes.
Taylor
by Taylor Larimore
Thu Jul 30, 2015 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Could John Bogle Be Right About International Stock?
Replies: 61
Views: 4839

Re: Could John Bogle Be Right About International Stock?

CFM:

Thank you for the correction! I have deleted my post.

Best wishes.
Taylor
by Taylor Larimore
Thu Jul 30, 2015 1:35 am
Forum: Personal Finance (Not Investing)
Topic: Hope for 4% swr
Replies: 3
Views: 779

Re: Hope for 4% swr

mhalley: Thank you for this article by Michael Kitces. This earlier post of mine may also be helpful: Safe Withdrawal Rates ? Complexity vs. Simplicity Post by Taylor Larimore » Thu Apr 21, 2011 9:31 pm Hi Bogleheads: One of the great mysteries to me are the Great Debates over Safe Withdrawal Rates ...
by Taylor Larimore
Thu Jul 30, 2015 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance in Taxable or in IRA after receipt of Lump Sum
Replies: 11
Views: 801

Re: Rebalance in Taxable or in IRA after receipt of Lump Sum

"Why did you put the TBM in the Roth accounts rather then fill them with TSM?" Dave: It is usually more tax-efficient to put bonds in tax-deferred accounts and tax-efficient stock funds in taxable accounts. You are right about normally spending your Roth accounts last (and your taxable ac...
by Taylor Larimore
Wed Jul 29, 2015 3:35 pm
Forum: Investing - Theory, News & General
Topic: "The Sad State of the Financial Web, in 10 Charts"
Replies: 8
Views: 1626

Re: "The Sad State of the Financial Web, in 10 Charts"

dad2000 wrote:Taylor,

Your link did not work for me, but I did find this one: http://fundreference.com/articles/2015/ ... ncial-web/

Dad2000:

I have edited my Opening Post. Thank you for the correction.

Best wishes.
Taylor
by Taylor Larimore
Wed Jul 29, 2015 3:17 pm
Forum: Investing - Theory, News & General
Topic: "The Sad State of the Financial Web, in 10 Charts"
Replies: 8
Views: 1626

"The Sad State of the Financial Web, in 10 Charts"

Bogleheads: I discovered this interesting article and its colorful charts on the " Fund Reference " website: The Sad State of the Financial Web, in 10 Charts Jimmy Atkinson, editor, listed "A number of sites dedicated to conveying investment advice that is actually worthwhile. The exc...
by Taylor Larimore
Wed Jul 29, 2015 10:26 am
Forum: Personal Finance (Not Investing)
Topic: CFA Exam Results
Replies: 16
Views: 1604

"Sometimes simplicity is the highest form of sophistication"

CFA exam results came out yesterday. Did anyone on this forum participate? I just passed level 2 and am excited to take level 3! I think the program material is wonderful and it is a nice alternative to a very expensive MBA. The books are quite well written and generally support the the Boglehead's...
by Taylor Larimore
Wed Jul 29, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance in Taxable or in IRA after receipt of Lump Sum
Replies: 11
Views: 801

Suggested Portfolio

Dave: I have modified your (already excellent) portfolio. It now meets your desired asset-allocation with the same three Vanguard funds placed in the most tax-efficient accounts (as before) but with fewer funds: Taxable (35%) 19% Total Stock Market 16% Total International His 401k (16%) 16% Total Bo...
by Taylor Larimore
Wed Jul 29, 2015 5:36 am
Forum: Investing - Theory, News & General
Topic: Just Read AAAA - Tilting Quandary
Replies: 11
Views: 1007

Re: Just Read AAAA - Tilting Quandary

BRM7576:

What you suggest is often called "Slice and Dice." Mr. Bogle addressed this strategy in a speech he titled, "The Telltale Chart." This is a link:

http://www.vanguard.com/bogle_site/sp20020626.html

Best wishes.
Taylor
by Taylor Larimore
Tue Jul 28, 2015 9:30 pm
Forum: Investing - Theory, News & General
Topic: "A Random Walk Down Wall Street"
Replies: 14
Views: 1807

"A Random Walk Down Wall Street"

Bogleheads: Professor Burton Malkiel's classic book, A Random Walk Down Wall Street , made a strong impression on me. It is a primary reason I stopped trying to "beat the market." This is one of the paragraphs: Any successful technical scheme must ultimately be self defeating. The moment I...
by Taylor Larimore
Tue Jul 28, 2015 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Good approximation to 3 fund portfolio?
Replies: 1
Views: 239

Re: Good approximation to 3 fund portfolio?

I'm trying my best to approximate the 3 fund portfolio of total stock, total international, and total bond in a 80/20 asset allocation. Does this seem appropriate? Based on the information you provided: Yes. I could list ER and other funds available if anyone is interested, but this seems like the ...
by Taylor Larimore
Tue Jul 28, 2015 6:20 pm
Forum: Investing - Theory, News & General
Topic: The Futility of Predicting Future Returns
Replies: 87
Views: 3980

Boglehead Contests

Bogleheads:

Many years ago I started the Boglehead Contests to demonstrate how difficult it is to forecast stock market returns.

I pay no attention to stock market forecasts. They are meaningless to a buy and hold investor -- and usually wrong. We get what the market gives.

Best wishes.
Taylor
by Taylor Larimore
Tue Jul 28, 2015 5:19 pm
Forum: Investing - Theory, News & General
Topic: Why is stock market so reactionary to news on daily basis?
Replies: 46
Views: 2726

"Investment Pornography"

Roterhead: Thank you for your appropriate cartoon. I no longer subscribe to business magazines, investment newsletters or watch business news on TV. I have learned it is a complete waste of time for stay-the-course investors like myself. Watching this stuff takes away from more important endeavors i...
by Taylor Larimore
Tue Jul 28, 2015 4:25 pm
Forum: Investing - Theory, News & General
Topic: Rick’s Top Ten List of When Not To Invest
Replies: 16
Views: 3902

"Winning the Loser's Game" A Gem

Charles D. Ellis wrote about making fewer mistakes in his classic book Winning the Loser’s Game. His observation was that winners don’t do anything special; they just make fewer avoidable errors than the losers. In investing, what separates winners from losers is the number of unnecessary mistakes ...
by Taylor Larimore
Tue Jul 28, 2015 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1145

Family and money

My dad is a stockbroker and is adamant on putting all of it into a financial services mutual fund, but I just wouldn't be able to sleep at night doing that... .. cphil: If your dad is financially knowledgeable and wants you to invest with him--I'd do it. Family relationships are more important than...
by Taylor Larimore
Tue Jul 28, 2015 2:21 pm
Forum: Investing - Theory, News & General
Topic: Rick’s Top Ten List of When Not To Invest
Replies: 16
Views: 3902

Very important advice in few words

Rick:

This is another one of your helpful articles--very important advice in few words.

Thank you for sharing.

Best wishes.
Taylor
by Taylor Larimore
Tue Jul 28, 2015 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads plan to utilize Independent Living facilities?
Replies: 61
Views: 4322

Re: Do Bogleheads plan to utilize Independent Living facilities?

cfs:

I have been a veteran for over 50 years but I never heard of AFRAH. It sounds like a wonderful place for Veterans that cannot afford a nice place to live.

Thank you for caring.

Best wishes.
Taylor
by Taylor Larimore
Tue Jul 28, 2015 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

"Investment Gems"

I have been reading up on everything that has been provided; especially the Asset Allocation in Multiple Accounts wiki.

Tiny Elvis:

Try this: Investment Gems

Best wishes.
Taylor
by Taylor Larimore
Tue Jul 28, 2015 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

"Investor Questionnaire"

I have been reading up on everything that has been provided; especially the Asset Allocation in Multiple Accounts wiki. TinyElvis: Your stock/fixed-income allocation may be the most important investment decision you will make (individual funds are much less important). More than anything else, your...
by Taylor Larimore
Tue Jul 28, 2015 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

Tiny Elvis: You have received excellent replies from very knowledgeable Bogleheads. Lafder spent considerable time helping you re-format your portfolio into an understandable and useful format. I strongly urge you to continue to use it. 2comma, asif408 and BL have also given you good suggestions. Pa...
by Taylor Larimore
Mon Jul 27, 2015 9:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 97
Views: 13443

Re: South Florida Chapter Meeting photos

LazyNihilist:

Great pictures! Great Group!

Thank you for posting.

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 27, 2015 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 34
Views: 2829

Re: Need a Piece of Evidence on the Boglehead Strategy

Travis:

You may be interested to learn that the August, 2015 issue of Money magazine reported:
"Index Funds had a fabulious year last year. Vanguard's flagship Total Stock Market Index Fund earned 12.4%, vs. an average of 7.8% for domestic stock funds."

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 27, 2015 8:26 pm
Forum: Investing - Theory, News & General
Topic: "How the Pros Manage Assets for Retirees"
Replies: 7
Views: 1700

"Investor Questionnaire"

tennisplyr:

You can't go too far wrong with a 50/50 stock/bond allocation. Perhaps, however, this link to Vanguard's "Investor Questionnaire" will be helpful:

Investor Questionnaire

Best wishes
Taylor
by Taylor Larimore
Mon Jul 27, 2015 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

Tiny Elvis: We're getting there. Please put the percentage of each fund in your portfolio as a percentage of the total portfolio. Put this figure in front of each fund as in Laura's example. It may not appear necessary, but it is the only way to know how much of each asset class is in your portfolio...
by Taylor Larimore
Mon Jul 27, 2015 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

TinyElvis:

If it is time-consuming, leave the % gain or % loss as is. Dollars can be estimated.

What we are trying to do is determine whether it is better to exchange a profitable taxable fund for a lower cost and more tax efficient fund and pay the tax--or keep the inferior fund.

Taylor
by Taylor Larimore
Mon Jul 27, 2015 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

Sorry, the "Summary" will not do. Please use the format in Laura's post : I thought that is what I did. I was using it as a template when posting :-\ I could not understand the capital-gain information for each taxable fund? What does +57.26 mean: "16.52 American Funds Growth Fund of...
by Taylor Larimore
Mon Jul 27, 2015 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

Hi. I have adjusted as follows: 1. I added a summary that includes percentages across all accounts. 2. I added the % loss/gain on the UBS taxable account. If I need to make it more clear or correct, please let me know. :) Tiny Elvis: Sorry, the "Summary" will not do. Please use the format...
by Taylor Larimore
Mon Jul 27, 2015 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

Thank you for the response. I will try and make the necessary edits although I am not quite sure where I went wrong.. TinyElvis: You made a better first-post than most. If something is not clear, please come back and tell us what it is. Vanguard offers this Investor Questionnaire to help you decide...
by Taylor Larimore
Mon Jul 27, 2015 4:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 97
Views: 13443

Sunday South Florida Chapter Meeting

Mariam:

Thank you for your excellent description of the best South Florida Chapter meeting we ever had.

You made one mistake: You forgot to mention that you did as much work preparing for the event as anyone. :-)

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Jul 27, 2015 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

I was worried about over-simplification.

TinyElvis:

Read this and you will stop worrying about "over-simplification." and start worrying about your portfolio's complexity.

What Experts Say About Simplicity

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 27, 2015 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1976

Re: Looking to Simplify Portfolio

TinyElvis: Welcome to the Bogleheads Forum! It appears your financial adviser knows nothing about fund placement for maximum tax-efficiency Fund Placement ; and little about keeping costs low What experts say about costs . In order to understand your asset-allocation, it is important to use the perc...
by Taylor Larimore
Mon Jul 27, 2015 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 34
Views: 2829

Specific funds recommended?

Travis:

It would be interesting and helpful to know the funds in your portfolio that this "adviser" has recommended. Give the Ticker Symbols. Also, how long has each fund been held?

Thank you
Taylor
by Taylor Larimore
Mon Jul 27, 2015 1:15 pm
Forum: Investing - Theory, News & General
Topic: "How the Pros Manage Assets for Retirees"
Replies: 7
Views: 1700

"How the Pros Manage Assets for Retirees"

Bogleheads: When I am unsure what to do, I listen to experts. The title is a bit misleading because investors of any age can benefit by looking at the graph in the article. Morningstar looked at the holdings of 48 target-fund series designed by their company experts to determine the average asset-al...
by Taylor Larimore
Mon Jul 27, 2015 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 34
Views: 2829

The Three Fund Portfolio

She has asked me for a resource that explains why moving there and investing in index funds (specifically the three fund strategy) is the wise move for us.

Travis:

This Forum Conversation will answer her request: The Three Fund Portfolio

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 27, 2015 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: How long until a $10,000 loss matters?
Replies: 39
Views: 3314

Re: How long until a $10,000 loss matters?

How large a loss before you think this might have a material effect on my retirement?

TimeLord:

The money I cannot afford to lose is in cash and bond funds. I could have a 100% loss in stocks and it would have little material effect on my retirement.

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 27, 2015 11:53 am
Forum: Investing - Theory, News & General
Topic: Motley Fool - Good Enough Why rules of thumb beat precision
Replies: 30
Views: 2982

"Watch this stuff"

Matjen:

I loved the author's link: "Watch this stuff"

We must try to remember: No one can forecast the future.

Thank you and best wishes
Taylor
by Taylor Larimore
Mon Jul 27, 2015 9:55 am
Forum: Investing - Theory, News & General
Topic: Bond Market’s Got It All Wrong ?
Replies: 10
Views: 1670

Re: Bond Market’s Got It All Wrong ?

The Fed's favorite inflation guage has over-estimated the actual level of market-measured inflation for 9 of the past 10 years. From the article: “The Fed’s point of view is, more or less, time heals all wounds, at some point things will be normal-ish, and that inflation ought to be higher, particu...
by Taylor Larimore
Mon Jul 27, 2015 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 34
Views: 2829

Re: Need a Piece of Evidence on the Boglehead Strategy

This person also I'm just finding out has us invested in funds with a load of 5.75% on average, which I'm assuming we pay on top of all other costs ( is this true? If so, unbelievable!). Travis: It's true. Your investment loses 5.75% even before it is invested. For the adviser to charge another 1% ...

Go to advanced search