Search found 17613 matches

Return to advanced search

Suggested links

sam.thode: Welcome to the Bogleheads Forum! It appears to me that you are considering two bad choices--especially the "Financial Representative" 16 fund plan. I wonder if you understand the futility of picking funds based on past performance? It is such a bad idea that the government requi...
by Taylor Larimore
Sat Apr 18, 2015 7:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to analyze portfolio recommendations
Replies: 13
Views: 548

"What Experts Say About Jack Bogle"

Bogleheads: Jack Bogle is my hero, my friend and my mentor. No one in the mutual fund industry has a greater combination of impeccable character, practical experience, knowledge, inventive genius, wisdom, perseverance, literary ability, kindness, modesty, and desire to help others. These experts agr...
by Taylor Larimore
Fri Apr 17, 2015 8:23 pm
 
Forum: Investing - Theory, News & General
Topic: "What Experts Say About Jack Bogle"
Replies: 6
Views: 1361

Misleading Chart

Bogleheads: I question the reliability of the Morningstar Chart which shows the 15 year category ranking of four types of mutual funds. Consider these category rankings in the chart: 43% "Other Cheap Active" 60% "Expensive Active" Russel Kinnel, Director of Manager Research for M...
by Taylor Larimore
Fri Apr 17, 2015 7:11 pm
 
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active Mutual Funds
Replies: 24
Views: 2534

Morgan Stanley Report -- Contrary to the facts

Bogleheads: The article: "The Morgan Stanley report says that investors can benefit from actively managed mutual funds by carefully choosing funds that focus on areas where it is easier for active managers to outperform, like international and small company stocks. " The facts: According t...
by Taylor Larimore
Fri Apr 17, 2015 5:17 pm
 
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active Mutual Funds
Replies: 24
Views: 2534

Re: Broker Fraud and compensation

This is awful! Is there a plausible reason that JPMorgan didn't know about this? sawhorse: According to the article: "The bank said it alerted federal authorities to the apparent theft and misuse of client money." AND “We always stand by our customers and will ensure no customer who had t...
by Taylor Larimore
Fri Apr 17, 2015 4:44 pm
 
Forum: Investing - Theory, News & General
Topic: Broker Fraud
Replies: 6
Views: 719

Just talk

The single most important investment decision for successful investing (and the most difficult one) that the investor has to make is the following. How much of each pay check will one decide to put away to invest. Aloha Bill: Amelia Earhart: "The most difficult thing is the decision to act, th...
by Taylor Larimore
Fri Apr 17, 2015 3:31 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle vs Jim Grant Debate
Replies: 14
Views: 1968

Mel's Forbes column explains "Rebalancing."

Here's a recent timely Forbes column of mine that may well be applicable here. http://www.forbes.com/sites/thebogleheadsview/2015/04/06/dont-let-the-market-set-your-asset-allocation-rebalance/ Mel: Thank you for sharing another one of your outstanding Forbes columns. You have a way of making compli...
by Taylor Larimore
Fri Apr 17, 2015 3:25 pm
 
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1242
Views: 232701

Knowledgeable investor portfolios?

Whether an investor should own index funds depends on whether they know what they're doing. backpacker: I respectfully suggest that most investors, who know what they're doing, will invest in index funds. Of course, there there are knowledgeable salespeople who know what they are doing but who reco...
by Taylor Larimore
Fri Apr 17, 2015 9:55 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle vs Jim Grant Debate
Replies: 14
Views: 1968

Re: Bernstein: "If you've won the game, stop playing."

Once the game has been won by accumulating enough safe assets to retire on, it makes little sense to keep playing it, at least with the “number”: the pile of safe assets sufficient to directly provide or indirectly purchase an adequate lifetime income stream. Bogleheads: I am in retirement and I ta...
by Taylor Larimore
Fri Apr 17, 2015 9:46 am
 
Forum: Investing - Theory, News & General
Topic: Bernstein: "If you've won the game, stop playing."
Replies: 72
Views: 6901

WDVAX (Waddell & Reed Dividend Opps A) return?

I should be comparing growth numbers like from M*, not just fund price changes, right? Aaronb: You are correct. Morningstar shows a 1-year return of 11.15% for WDVAX (Waddell & Reed Dividend Opps A). http://performance.morningstar.com/fund/performance-return.action?t=WDVAX&region=usa&cu...
by Taylor Larimore
Fri Apr 17, 2015 9:37 am
 
Forum: Investing - Theory, News & General
Topic: How to (diplomatically) challenge wife's active mgmt funds
Replies: 87
Views: 4549

Re: a consensus? (Bonds in different accounts)

It seems there are differing opinions regarding bonds in tax deferred/taxable accounts. BT: This 2013 study by by William Reichenstein, Ph.D., CFA; and William Meyer concluded: "Except in rare cases, investors should hold stocks in taxable accounts and bonds in retirement accounts." The A...
by Taylor Larimore
Thu Apr 16, 2015 9:35 pm
 
Forum: Investing - Theory, News & General
Topic: a consensus? (Bonds in different accounts)
Replies: 5
Views: 528

What experts say about costs.

Aaronb:

You might show this to your wife:

What Experts Say About Costs

Best wishes.
Taylor
by Taylor Larimore
Thu Apr 16, 2015 9:18 pm
 
Forum: Investing - Theory, News & General
Topic: How to (diplomatically) challenge wife's active mgmt funds
Replies: 87
Views: 4549

CDs and OtherAlternatives to Total Bond Market Index Fund

I don't think the total bond market is ideal for most investors. The best 5-year FDIC CDs pay about 0.9% more than 5-year treasuries, which is a lot of risk free yield to be throwing away. Now, that may not work for the ultra-high net worth investors who keep bumping up against the $250k limits. ro...
by Taylor Larimore
Thu Apr 16, 2015 5:24 pm
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1058
Views: 484880

"Don't Let Your Portfolio's Insurance Lapse"

Bogleheads: Morningstar is featuring an important article about bonds by Christine Benz, Director of Personal Finance. These are excerpts: "Savvy household financial managers would never let their homeowners or auto insurance lapse, or spend a minute without health insurance. But some investors...
by Taylor Larimore
Thu Apr 16, 2015 12:23 pm
 
Forum: Investing - Theory, News & General
Topic: "Don't Let Your Portfolio's Insurance Lapse"
Replies: 2
Views: 794

Re: How's my diversification?

cody: Your most important decision is your allocation between stocks and fixed income. Never lose sight of this ratio. More than anything else, it determines your expected risk and expected return. Your ratio is about 45% stocks and 55% fixed income. This means that in the next bad bear market you s...
by Taylor Larimore
Thu Apr 16, 2015 10:01 am
 
Forum: Investing - Help with Personal Investments
Topic: How's my diversification?
Replies: 7
Views: 785

Personal Finance Questions and Comments

Taylor likes to limit this one to three-fund specific topics.

Questions and comments about personal portfolios are best placed on the Personal Finance Forum.

Thank you and best wishes.
Taylor
by Taylor Larimore
Thu Apr 16, 2015 8:24 am
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1058
Views: 484880

Past performance ?

Thanks, Taylor- to clarify, I should have typed out more. I meant to say, "Past returns are a poor indicator of future performance." I've been investing for 30 years- but a mere drop in the bucket compared to you! gasdoc: I remember when I diligently searched financial magazines and newsl...
by Taylor Larimore
Wed Apr 15, 2015 8:29 pm
 
Forum: Investing - Theory, News & General
Topic: Sell Old Holdings to get to 3 Fund Portfolio?
Replies: 17
Views: 1719

What experts say about Simplification and Past Returns

I am about simplification these days, and past returns.... gasdock: Investment authorities agree on the importance of "simplification." They do not agree on the importance of "past returns": Simplicity. What experts say Past Returns. What experts say: Best wishes. Taylor
by Taylor Larimore
Wed Apr 15, 2015 4:19 pm
 
Forum: Investing - Theory, News & General
Topic: Sell Old Holdings to get to 3 Fund Portfolio?
Replies: 17
Views: 1719

Vanguard Investment Questionnaire

rormcror: Welcome to the Bogleheads Forum! Attempting to time the market is a losers game . You need an Investment Plan suitable for your risk tolerance (which appears low), goals, time-frame and personal financial situation. This Vanguard Asset Allocation Tool should be helpful: Investment Question...
by Taylor Larimore
Tue Apr 14, 2015 4:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: taxable account advice needed
Replies: 10
Views: 1029

What's important

mac_guy:

Having the fence on his property or yours is not what's important. It is just a fact you are unlikely to change.

What IS important is remaining on good terms with your neighbor.

Act accordingly.

Best wishes.
Taylor
by Taylor Larimore
Tue Apr 14, 2015 4:04 pm
 
Forum: Personal Consumer Issues
Topic: Neighbor hired a surveyor. Should I be nervous?
Replies: 49
Views: 6122

Moving to Vanguard

I now have transfers in process to move both my retirement accounts and personal investing account to Vanguard!! I'm on my way! Happily Retired: I am very pleased that we were able to help you. Moving to Vanguard in 1986 was the best financial decision we ever made. I am confident that someday you ...
by Taylor Larimore
Tue Apr 14, 2015 11:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Considering Doing My Own Investing...but I'm not sure I shou
Replies: 49
Views: 4921

Re: Sell Old Holdings to get to 3 Fund Portfolio?

Earlier in my investing career, I didn't mind selling funds when I changed strategies, even though there was a tax hit. Now, only five years from retirement, it seems more difficult. I currently own an EFT that invests only in India, that makes up about 6% of my total portfolio. I have had it for y...
by Taylor Larimore
Tue Apr 14, 2015 9:55 am
 
Forum: Investing - Theory, News & General
Topic: Sell Old Holdings to get to 3 Fund Portfolio?
Replies: 17
Views: 1719

The Three Fund Portfolio

Newbie:

I would select The Three Fund Portfolio. You can read the reasons why here:

The Three Fund Portfolio

Best wishes.
Taylor
by Taylor Larimore
Tue Apr 14, 2015 7:35 am
 
Forum: Investing - Help with Personal Investments
Topic: 20-Year Time Horizon: VOO vs Three Fund Lazy Portfolio
Replies: 5
Views: 689

Need fund names

newbie1k:

Welcome to the Bogleheads Forum!

Few Bogleheads have memorized ticker symbols. It will be helpful and you will get more replies if you use the "edit" button at the top of your post to include fund names.

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Apr 13, 2015 10:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: 20-Year Time Horizon: VOO vs Three Fund Lazy Portfolio
Replies: 5
Views: 689

Re: Update on Grateful Newbie

Sonomasmiles:

Bogleheads appreciate a grateful response from a "newbie" we were able to assist.

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Apr 13, 2015 9:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Update on Grateful Newbie
Replies: 3
Views: 471

Re: Talking to People About Retirement

I am planning to retire in early 2016 when I am 58 years old.

Beth:

I took early retirement (and lower pension) from the government at age 57. Looking back it was one of the best decisions we ever made.

Best wishes.
Taylor
by Taylor Larimore
Mon Apr 13, 2015 8:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Talking to People About Retirement
Replies: 70
Views: 6315

Re: Need some advice on a course of action

stylez777: It is important to select a fund that is tax-efficient and can be held forever (selling means a capital-gain tax). Vanguard's Total Stock Market Index Fund would be a good choice: Jason Zweig, author and Wall Street Journal columnist: "I think a total stock market index fund is not o...
by Taylor Larimore
Mon Apr 13, 2015 8:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need some advice on a course of action
Replies: 2
Views: 360

Re: Help in this tragic time(unexpected windfall)

I'm hoping I can get some advice in this tragic time. My dad unexpectedly passed away two weeks ago. He did have a life insurance policy with a value of 143k and my mom is the beneficiary. After my mom pays the funeral expenses and pays of the credit cards she should have about 125k left. My mom is...
by Taylor Larimore
Mon Apr 13, 2015 7:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help in this tragic time(unexpected windfall)
Replies: 20
Views: 2013

"NYC pension fees are a $2.5B lesson for investors"

[Thread merged into here, see below. --admin LadyGeek] Bogleheads: This is an informative article about the importance of low costs . These are excerpts: "Savvy investors know that paying high fees to brokers or fund managers can really eat into their portfolio’s returns. New York City just pr...
by Taylor Larimore
Sun Apr 12, 2015 5:34 pm
 
Forum: Investing - Theory, News & General
Topic: Wall Street Fees Wipe Out $2.5 Billion in NYC Pensions
Replies: 17
Views: 2557

A good idea.

I am wondering whether I should/could post a hypothetical portfolio I have chosen in the desired format? My goal would be to pick the actual portfolio based on the answers I get. veeceeone: Sounds like a good idea to me. Use one of the suggested portfolios in your Bogleheads Guide to Investing as a...
by Taylor Larimore
Sun Apr 12, 2015 2:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need Help Picking A Broker
Replies: 57
Views: 3493

Developed Markets or Total International?

I have another question. The state of Florida has a program called "Future Advisor". They highly recommend the Vanguard Index Funds. For an indexing approach they also recommend a 3 fund approach using Domestic Stock (Vangiard Total Stock Market Index), Vanguard Total Bond Market index an...
by Taylor Larimore
Sun Apr 12, 2015 2:14 pm
 
Forum: Investing - Theory, News & General
Topic: Does 3-funds offer higher returns or lower risk?
Replies: 42
Views: 5616

"Avoid Being an Investment Collector"

Bogleheads: Jim Dahle, MD, has written an excellent article about the dangers of becoming an "Investment Collector." These are excerpts: "A reasonable portfolio should contain 3 to 10 asset classes. Each of those asset classes can be fulfilled with a single investment. In fact, in my ...
by Taylor Larimore
Mon Apr 06, 2015 6:40 am
 
Forum: Investing - Theory, News & General
Topic: "Avoid Being an Investment Collector"
Replies: 7
Views: 2103

Re: Fund Placement Between Accounts

Taylor, yes individual account balances matter for Admiral shares. But Flagship status would be based on overall total of all accounts, which can be made up of many smaller accounts. :) Lafder: Good point. I'll edit my post to remove "Flagship" as an advantage. Thank you and best wishes. ...
by Taylor Larimore
Sun Apr 05, 2015 6:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fund Placement Between Accounts
Replies: 10
Views: 693

Holding same funds in two accounts ?

I'm still not certain if it's recommended to hold the same funds in both accounts? SRS: Welcome to the Bogleheads Forum! If you hold "the same funds in both accounts," you will double the number of funds, it will take twice as long to reach Admiral and Voyager status, you will have tax-in...
by Taylor Larimore
Sun Apr 05, 2015 6:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fund Placement Between Accounts
Replies: 10
Views: 693

Simplicity or Complexity?

And then I've got the itch to continue slicing...maybe add an REIT....40% total stock, 30% total international, 20% total bond, 5% small growth, 5% REIT Strive for simplicity; not complexity. Warren Buffett: "There seems to be some perverse human characteristic that likes to make easy things d...
by Taylor Larimore
Sun Apr 05, 2015 3:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Opinions on Tilting/Slice and Dice
Replies: 27
Views: 1839

"The Arithmetic of Active Management"

From what I've read and from lurking in forums like this, my impression was that passive investing usually outperforms active investment, especially over the long-term. However, according to a study by Morningstar, I've just been reading that: "Overall, 50pc of active funds beat tracker funds ...
by Taylor Larimore
Sun Apr 05, 2015 3:12 pm
 
Forum: Investing - Theory, News & General
Topic: Passive vs Active funding
Replies: 17
Views: 1613

5% and 1% estimated bond returns in Reichenstein study

Specifically, the annual returns of bonds is assumed to be 5%. Considering that the current yield of even Vanguard's high yield corporate bond fund is currently less than 5%, the conclusion appears to have little relevance to anyone investing today. baw703916: Reichenstein's "Portfolio 8"...
by Taylor Larimore
Sun Apr 05, 2015 1:00 pm
 
Forum: Investing - Theory, News & General
Topic: Long Term Tax Efficient Investing - Is it Better to Shelter
Replies: 16
Views: 2369

Re: Do you think Ric Edelman is correct, never pay dow mortg

during the radio show Ric Edelman said people should always get a 30-year mortgage and never pay down the mortgage. He did not say the reason, but said if you want to know get his book or attend his seminar. I guess he believes using the money for paying down mortgage to invest in stock market will...
by Taylor Larimore
Sat Apr 04, 2015 8:01 pm
 
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 209
Views: 16197

Index or Managed Funds ?

Bogleheads: When deciding whether to use an index fund or a managed fund, the article provides convincing statistics: Last year, according to S&P Dow Jones Indices, 87% of U.S. equity mutual funds run by active stock pickers underperformed the S&P Composite 1500 Index, a broad measure of the...
by Taylor Larimore
Sat Apr 04, 2015 7:45 pm
 
Forum: Investing - Theory, News & General
Topic: Zweig's Latest Blog Post/Column (Bogle vs. Grant Debate)
Replies: 7
Views: 1729

Stock and bond fund locations

It's just that the answer shouldn't automatically be to shelter bonds . Lack_ey: There are a few situations where taxable bonds should not be in a tax-advantaged account. However, the mathematics are considerable and no one can foresee the future. In this 2013 study by William Reichenstein, Ph.D., ...
by Taylor Larimore
Sat Apr 04, 2015 12:56 pm
 
Forum: Investing - Theory, News & General
Topic: Long Term Tax Efficient Investing - Is it Better to Shelter
Replies: 16
Views: 2369

Vanguard fund changes?

Bogleheads:

I have no problem with Vanguard trying to improve their funds.
"When my information changes, I change my mind. What do you do?" -- Paul Samuelson, Nobel laureate.

Best wishes.
Taylor
by Taylor Larimore
Sat Apr 04, 2015 12:20 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard advice to increase international bonds and stocks
Replies: 26
Views: 2950

IRA Calculator

Kem:

I'm glad you are taking action. To help you decide which type IRA is preferable for you, use this Morningstar IRA Calculator:

http://screen.morningstar.com/IRA/IRACalculator.html

Best wishes.
Taylor
by Taylor Larimore
Sat Apr 04, 2015 7:23 am
 
Forum: Investing - Help with Personal Investments
Topic: Fund Placement Advice
Replies: 5
Views: 596

2014 IRA Deadline is April 15

Kem422: The MOST important thing you can do is to open an IRA for 2014 NOW (also 2015 if you wish) . I'll suggest Vanguard Target 2035 Fund with about 80% in stocks. You can easily exchange IRA funds later at no cost. Use this link: How to Open a Vanguard IRA This is a recent post on the topic: Apri...
by Taylor Larimore
Fri Apr 03, 2015 2:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fund Placement Advice
Replies: 5
Views: 596

Tax-Loss Harvesting the Simple Way

In my case I exchanged back and forth between Total Market and S&P 500 + Ext Market (in proportion). So there was never any money out of the market and highly correlated returns. So there would have been equal losses whether I tax loss harvested or not. Spirit Rider: When I tax-loss harvest, I ...
by Taylor Larimore
Fri Apr 03, 2015 1:50 pm
 
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 8404

Vanguard Tax-Loss Harvesting Study

Bogleheads:

This is a Vanguard study about "Tax-Loss Harvesting":

Glass half full: The silver lining of capital losses

Best wishes.
Taylor
by Taylor Larimore
Fri Apr 03, 2015 1:23 pm
 
Forum: Investing - Theory, News & General
Topic: "3 Ways to Cut Your Investment Tax Bill"
Replies: 7
Views: 1282

Active mutual funds and Las Vegas gamblers

Bogleheads:

In my opinion, active mutual funds will disappear when gamblers stop going to Las Vegas.

Best wishes.
Taylor
by Taylor Larimore
Fri Apr 03, 2015 11:49 am
 
Forum: Investing - Theory, News & General
Topic: Bogle says: "Active mutual funds could disappear:
Replies: 28
Views: 3404

"3 Ways to Cut Your Investment Tax Bill"

Bogleheads: Allan Roth, CPA, CFP, is my friend and the finance writer for AARP. He is a master at making complex theory simple to understand. Allan taught me much of what I know. In his latest article for AARP, Allan recommends three important ways to reduce taxes on our investments: 1. Buy tax-effi...
by Taylor Larimore
Fri Apr 03, 2015 11:06 am
 
Forum: Investing - Theory, News & General
Topic: "3 Ways to Cut Your Investment Tax Bill"
Replies: 7
Views: 1282

"Is Morningstar Losing Relevance In An Indexing World?"

Bogleheads: My favorite website is Morningstar because I think it is the best source of unbiased mutual fund information and sound advice such as this current article by Morningstar's Director of Personal Finance , Christine Benz. Nevertheless, I found this article by Harry Sit, editor of The Financ...
by Taylor Larimore
Fri Apr 03, 2015 10:39 am
 
Forum: Investing - Theory, News & General
Topic: "Is Morningstar Losing Relevance In An Indexing World?"
Replies: 25
Views: 2389

International Equity Allocation ?

Would an asset allocation in the equity portion in both taxable and tax sheltered accounts of VTSAX 80% and VTIAX 20% be intelligent to structure for a long term approach in view of Taylor`s views ? He seems to have the most experience on this website. Selftalk: Try to avoid holding the same funds ...
by Taylor Larimore
Fri Apr 03, 2015 10:16 am
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1058
Views: 484880

Re: Investment help please

So for Roth IRA you can contribute up to $5500 (this is after tax correct)? tin369: Yes. That is correct. Use this Morningstar's IRA Calculator to decide whether to use a Traditional IRA (before tax) or a Roth IRA (after tax): http://screen.morningstar.com/IRA/IRACalculator.html Best wishes. Taylor
by Taylor Larimore
Fri Apr 03, 2015 10:00 am
 
Forum: Investing - Help with Personal Investments
Topic: Investment help please
Replies: 8
Views: 813
Next

Return to advanced search