Bogleheads.org

Mike, I'd love to know the investment company that charges .37?? Would you feel ok sharing? thank you ORatz, there are several extremely good financial planners/investment professionals who frequent this board and provide great value for the money if it is a service you need or feel comfortable wit...

ORatz wrote:Not sure how you get 20% but I believe you. I imagine it includes underlying fund fees too.

The trick is to not look at 1% of your total but what is the 1% removed from the actual return you make moving forward. Realistically you may make 5% let's say. Now take 20% of that away for fees, etc.

His expertise is supposedly in options strategies - he claims that the goal isn't to make the portfolio last, but to generate more than enough income from the nest egg to live on. He claims that he uses the same strategies for both his own and his children's portfolios, and I have no reason to doub...

DISVX - WisdomTree International SmallCap Div (DLS)
DFCEX - Vanguard FTSE Emerging Markets ETF (VWO) or Wisdom Tree Emerging Markets Small Cap Div (DGS)

Or perhaps Vanguard VSS for a rough approximation of both

This morning I decided to dump all my REITs which is held in a 401(k). Based decision on it being a fairly small position (roughly 2-3%) and on really feeling like I just didn't have enough bonds/fixed income (10-11%). William Bernstein's (Wbern)recent post certainly gave me food for thought as well...

Yes. Do it on your own or hire one of the many more reasonable financial advisers out there that will use low cost funds and would never think of a loaded fund.

I recently got my first smartphone. I decide to try the Spotify Mobile app. After 2 days, I am hooked. For $10 a month you get access to millions of songs. I highly recommend it for music lovers. $10 a month! Holy moses, I got in pissing matches with people on this forum about the worth of a smartp...

Preaching to the choir but a fun read regardless: http://www.businessinsider.com/best-investment-advice-2013-5 I think there is some blurring going on where S&P500 = market and all funds compared to that...that aside it is still good when the message gets out and Blodget (yes, that one) details ...

Thanks, Matjen (I like your Billy Jack avatar). Thank you for giving my Billy Jack Avatar some props. I imagine it as Billy Jack giving some round house kicks to loaded mutual funds. :D I will admit that after trying the AQR fund I thought what the heck, let's see if I can actually place an order f...

Thanks, RNJ. Unless I'm missing something, the Fees and Minimums are $1,000,000 for QCENX for initial investment. The top holdings do appear to be many of the usual "quality" suspects in a GMO (and others) sense. How they use Momentum to guide them is another thing. FWIW, Fidelity appears...

[Inflammatory comment removed by admin LadyGeek] Saying something is one thing OverTheHill, proving it is another. Perhaps a little more of an open mind would do you some good. This almost seems like a religious issue for you. I currently have a sliced n'diced n'tilted portfolio that utilizes only ...

So Larry, what does this mean for your "Larry/Minimize Fat Tails" Portfolio? Are you going to wait for DFA to improve their funds/screens or are you adding the "growth" funds or is it too early?

retiredjg wrote:

matjen wrote:Assuming this is a lot of money it is an absolute no-brainer.

Why?

Well for the reasons you set forth in your (and others) more complete answer it seems to me. If this is a large amount of money then the risk of keeping it is too great relative to the tax pain whether it is 0%, 15%, or 20%.

Assuming this is a lot of money it is an absolute no-brainer. You have a concentrated position in one stock that made you a lot of wealth. Fairly lucky and fantastic for you. That is a way to get wealth (though often it doesn't work out). Since it worked out for you the strategy MUST change. The str...

I am not a financial expert, but I look with great skepticism on the numerical all time highs of the markets. How does that make sense with all of the debt crises around the world? Where is this enthusiasm coming from?...Am I crazy? I would guess many had similar thoughts in the early 80s about the...

That is helpful Larry. Thank you for taking the time.

With that in mind investors should be interested in portfolios that cut tail risk, especially if it imposes no costs in terms of expected returns, but even if it did they should logically be willing to pay some "insurance" premium to hedge that risk. (my argument for CCF for example and T...

89 equities/11 bonds with a scv tilt on the equities.

Me 47. Wife 41.

I have sort of the opposite scenario that I have been struggling with. Married an ER Physician about 1.5 years ago and spent the first 6 months straightening out her finances (typical Dr. abuse from insurance salesman). Amazingly, she got the whole life and the loaded crappy mutual funds but didn't ...

larryswedroe wrote:Personally Wise Investing Made Simple is my favorite of my books

Larry it isn't in Kindle format yet. I was all ready to buy it and dig right in over lunch.

I thought many bogleheads would enjoy this article/paper from the NY Fed. "We surveyed banks, we combed the academic literature, we asked economists at central banks. It turns out that most of their models predict that we will enjoy historically high excess returns for the S&P 500 for the n...

soylentgreen you are absolutely on the right track. Get out of those funds. More information here regarding simple, efficient portfolio construction and fidelity options.

http://www.bogleheads.org/wiki/Lazy_Portfolios

http://www.bogleheads.org/wiki/Fidelity

Well played Grabiner!

Great and thoughtful gift.

There is another thread going with some ideas. A few more in the past had some ideas as well.

viewtopic.php?f=1&t=115532&newpost=1682673

It is obvious that this portfolio is one of the more interesting ones out there and one that often brings up threads and questions. Moreover, Larry is a valued member of the community. I really think it should be in the wiki alongside 3 fund, core 4, etc. One thing I am struggling with (should be an...

More good news. I personally mostly use IJS for small cap value but now Vanguard's VBR has cut its fees in half! IJS is about 3 times more expensive. Very compelling.

https://advisors.vanguard.com/VGApp/iip ... o042013%20

He was an engineer...he no longer does that, has abandoned a definable career path, and is not slave to working 40 hr week to a corporate master... that's his definition of retired. I agree for many or most people, retired means not working at all. That is the rub. People that spend any time at MMM...

15 out of 15 and just about as quickly as I could read it except for the margin question. Had to think for a minute. However, I really have an unfair advantage since I passed the Series 7 back in 1990 so I am used to easy "finance" tests that are of little value.

I think ... I think ... My bet ... In my posts in this thread, I've tried to stick to facts (both current and historical) to answer questions and dispute misconceptions and FUD ("Fear, uncertainty, and doubt"). There was quite a bit of it regarding Apple products in this thread. It is ver...

There seems to be a misconception about Apple's ecosystem and being locked into it. I don't really understand because I don't see it at all. Apple's AAC audio format is not protected and can easily be converted to mp3. Videos are protected but they are protected from any vendor. Maybe someday the D...

My companion and I and a LAUSD teacher were interviewed last fall for this broadcast. While the focus is on 401k plans, they might report some of the 403b costs too because we used 403bs in our working careers. Nice interview Steve. You guys look super happy. Great for you. Congrats. :beer I though...

If you use iTunes seriously for your music then Double-Twist is an excellent Android alternative. You can still use iTunes and this syncs it to your Android devices.

http://reviews.cnet.com/software/double ... 03363.html

I absolutely loved this book. Many interesting life stories as well as finance stories are covered. What I found interesting is that a few of these quant-types were/are big believers in their ability to beat the market and provide alpha. They generally have the returns to prove it. Of course, they w...

Thanks for the replies once again. I'll probably give Rick Ferri a call; he only charges .20% on AUM > 3 million. Do you guys think that should my family choose him (or someone like him), we should only keep the money there for the first year, so that the portfolio is set up and then I can manage t...

Have had Sonos for 7 years or so. Fantastic solution. There are similar things out there but none as elegantly put together from the software to the support to the hardware. If you have the budget for it then it is a no brainer.

BolderBoy beat me to the punch. There is a some great advice her so I won't go through the investing piece. It is the process and posture that I wish to comment on. 1) Get a full time adviser to START. Ferri, Swedroe, Roth, etc. Make it clear that this isn't expected to be a long term relationship. ...

I think you should pay the $200k and go to Harvard. When I picked the doctor to do my colonoscopy I chose the Harvard man. I just spit my wine out all over my screen. I think this was meant as sarcasm. At least I took it that way and found it hilarious! OP, congratulations on the fine options you h...

livesoft wrote:My Investment Policy Statement says I must buy on an RBD, so I did.

I bought some today as well in my mother's portfolio. A little VSS and VEU.

I use mostly gmail as well. Although Google isn't going anywhere, I am less confident about any of their products since they are retiring mygoogle and also google reader. Both products that sort of dominated their spaces. Reader's retirement, in particular, caused quite a stir. So I have no idea whe...

I think there are several ways to accumulating a fair amount of wealth but much like our investing philosophy, having a balanced approach is the most likely for the typical person. In my view this approach would involve checking off as many of the following as possible: 1) Have a good education and ...

LOL!

http://www.businessinsider.com/bny-mell ... et-2011-11

Thanks, matjen. Very helpful. I'm hoping I can hold out for the Nexus 5, since it is rumored to be coming out with 32G and 64G models as well as other improvements, and the rumors are it should be released in the not-too-distant future. But I think I'm convinced. I agree that it may be a good sub f...

Matjen, does this mean you can tether your Nexus 4 simply to your laptop via a USB (or similar) connection and get HSPA+ on your computer as well at no additional cost? And is this something built in to the Nexus 4 and thus possible regardless of what cell provider you use (assuming, of course, you...

Not sure I follow, as I'm naive about these things. With StraightTalk you can use your own unlocked phone with a SIM card purchased from StraightTalk. You may be able to use a locked AT&T phone as well, don't know. I'm not sure what kind of SIM you get when you purchase one from StraightTalk, b...

I wouldn't get too hung up on the 3G/4G thing.

Assuming you know when you are going to IA, I would go T-Mobile and Straight Talk with the AT&T SIM card. Just switch back and forth as you see fit. I can't comment on whether AT&T will let you use the phone as a hot spot.

Browser you are over thinking this. I live in Chicago. The coverage in the metropolitan area is fantastic. The drive to say Indy is completely covered except for perhaps 5 minutes (and this was with a much worse phone than the Nexus 4). I just drove to Colorado and had coverage most of the way. Unle...

Browser consider this a reply to this and the other thread you have going. Assumes T-Mobile and/or AT&T are viable options for you as carriers. Step 1) Buy a Nexus 4 right from Google for $300 or $350 https://play.google.com/store/devices/details?id=nexus_4_8gb&feature=ha-text-sem_bk-n4&...

Browser consider this a reply to this and the other thread you have going. Assumes T-Mobile and/or AT&T are viable options for you as carriers. Step 1) Buy a Nexus 4 right from Google for $300 or $350 https://play.google.com/store/devices/details?id=nexus_4_8gb&feature=ha-text-sem_bk-n4&...

How much are you paying for your Verizon hot spot a month?