Search found 27768 matches

by abuss368
Sat May 23, 2020 2:15 pm
Forum: Personal Investments
Topic: Chasing Individual Stocks
Replies: 76
Views: 7174

Re: Chasing Individual Stocks

I chased individual stocks lifetime ago and have not owned one for over 12 years and will never again.

I had homeruns (remember America On Line) and bad bad bad strikeouts (America Home Mortgage, Impact Mortgage, etc.)

Own the haystack rather than searching for the needle in the haystack. Simply buy Total Stock or S&P 500 and call it a day.

Years down the road you will be happy you did.
by abuss368
Sat May 23, 2020 2:13 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 320093

Re: Jack Bogle - Two Fund Portfolio

Bogleheads -

Excellent article from Warren Buffett on why investors should not buy individual stocks (and what they should invest in): https://www.cnbc.com/2020/05/22/warren- ... tocks.html

Thanks to Taylor for sharing in another thread!
by abuss368
Sat May 23, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

Randtor wrote: Sat May 23, 2020 1:36 pm
3funder wrote: Sat May 23, 2020 12:42 pm I'm not convinced any one of these options would provide much of an edge over the others as long as you stay the course.
The more I research these, the more I realize you speak the truth😁
Exactly! And if you doubt you can stick with international, it is simple: don't own it.

Better to be with a portfolio that you will not panic sell or tinker with.
by abuss368
Sat May 23, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

First, throw out the 4 funder. International bonds are really not necessary, in my opinion, and don't add much. Others may disagree. I would only hold them if I went the 1 fund route because they're in it. Next, determine whether you want international equities or not. If no to international, your choice is the 2 fund. Place bonds in tax protected accounts and equities anywhere. You're done. If yes, your choice is between 3 fund and 1 fund. Whether you have taxable accounts or not is a big factor. Seems that you do, meaning 3 fund is optimal. Place your bonds in the tax protected account and equities anywhere. That's the simplistic view. With bonds yielding so little, it may be fine to simply use a 1 fund portfolio in all accounts. What is...
by abuss368
Sat May 23, 2020 2:02 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

Abuss368's 2 Fund portfolio - VTSAX (Total US Stock Market Index Fund) and VBTLX (Total US Bond Index Fund) : A proponent of the 3 fund portfolio, but an offshoot of such, by not using International Stock or bond funds. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=188176 I am honored! But in all fairness that portfolio is the Jack Bogle and Warren Buffett portfolio! It has worked well. WB's portfolio at least at his death will be 90% S&P 500 index fund and 10% short term treasuries if I recall. Correct. He noted that in a Berkshire Hathaway Annual Shareholder Report - maybe 2013 or so. Think about how simple and effective that is. A gentleman who has access to any investment opportunity anywhere in the world is recommendin...
by abuss368
Sat May 23, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

Abuss368, Do you prefer the 2 fund? Thanks! Hi Randtor - The short answer is I do! Back in November, I drastically simplified and changed our portfolio from Total Stock, Total International Stock, US REIT, International REIT, Total Bond, and Total International Bond to Jack Bogle's and Warren Buffett's Two Fund Portfolio. I documented the reasons why in this thread which has provided a lot of good advice: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=188176 I and my spouse feel much better. It is so simple and it has worked very well even with the downturn. We have learned the "best" or "right" portfolio is the one that works for you and allows you to sleep well and not tinker with in a downturn. For us, rea...
by abuss368
Sat May 23, 2020 12:24 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 3606
Views: 562423

Re: Just Paid Off My Mortgage

grobertj wrote: Sat May 23, 2020 10:32 am I'm really concerned about the stock market, so I decided to pay off my mortgage. It was a close call on an NPV analysis, but its nice to not have any debt. We own 2 cars. Have anyone done the same?
Congrats and job well done!
by abuss368
Sat May 23, 2020 12:22 pm
Forum: Personal Investments
Topic: Ameriprise vs Vanguard PAS vs Three fund approach
Replies: 13
Views: 1469

Re: Ameriprise vs Vanguard PAS vs Three fund approach

Over a lifetime of investing I have learned that the simple portfolios win hands down.

Keeping it simple will result in an investor having less opportunity to tinker and alter when the markets inevitably go down (and they always do).
by abuss368
Sat May 23, 2020 7:38 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 236
Views: 24509

Re: S&P500 vs World Performance

I read an article today from Warren Buffett where he said again to simply own the S&P 500.
by abuss368
Sat May 23, 2020 7:36 am
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 75
Views: 7219

Re: Thinking of selling some SP 500 to buy more Wells Fargo

anon_investor wrote: Sat May 23, 2020 7:22 am
abuss368 wrote: Sat May 23, 2020 6:56 am
anon_investor wrote: Fri May 22, 2020 7:50 pm Bad plan. Sell your Wells Fargo stock, write off the loss for taxes and buy more of your Vanguard S&P500 index fund.
Agreed. What could possibly go wrong with owning an individual bank stock?
Or any individual stock for that matter...
Exactly. I have not owned individual stocks in over 12 years. Had some huge winners and bad losses. But everyone only wants to talk about winners at the party!

Own a total market index fund or the S&P 500.
by abuss368
Sat May 23, 2020 7:35 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 9368

Re: Has anyone ever used their Emergency Fund?

I do not have a separate emergency fund account. I prefer simplicity because it works. That said we have one checking account and one money market account with Vanguard.

Rather than number or purpose of accounts I simply look at it as cash.
by abuss368
Sat May 23, 2020 6:56 am
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 75
Views: 7219

Re: Thinking of selling some SP 500 to buy more Wells Fargo

anon_investor wrote: Fri May 22, 2020 7:50 pm Bad plan. Sell your Wells Fargo stock, write off the loss for taxes and buy more of your Vanguard S&P500 index fund.
Agreed. What could possibly go wrong with owning an individual bank stock?
by abuss368
Fri May 22, 2020 7:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Funds
Replies: 243
Views: 40806

Re: Vanguard High Dividend Yield Index Fund

columbia wrote: Fri May 22, 2020 7:37 pm Stayed SEC yield is higher began the VG intermediate corporate fund. I presume that’s a newish development?
Lost me. This is a stock fund.
by abuss368
Fri May 22, 2020 6:58 pm
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 60
Views: 6060

Re: what to do about 1000s of dandelions/weeds?

I would consider napalm.
by abuss368
Fri May 22, 2020 5:46 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3895
Views: 2424688

Re: The Three-Fund Portfolio

I'm considering a personal revision to the 3-funder: replacing total int'l with developed markets. I don't want to invest in emerging markets anymore and EM is a part of total int'l. Also, as a retiree without SS, I want to include a TIPS fund and already do. So, my portfolio is going to look like this: US Total Market Fund Total Int'l Stock Fund Developed Markets Fund Total Bond Market Fund TIPS Bond Fund I'll still hold EM in the total int'l stock fund because one of my accounts doesn't have a better alternative. This would work out to to about 3.4% EM and about 1.5% China right now in my total portfolio (stocks and bonds). China has coerced the indexers to add hundreds of additional Chinese companies. Vanguard EM is now up to 43% China ...
by abuss368
Fri May 22, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3895
Views: 2424688

Re: The Two-Fund or Three-Fund Portfolio?

nanameg: I slightly prefer The 3-Fund portfolio with 20% of equity in international stocks. However, I am also a fan of the 2-Fund Portfolio for its simplicity (read my link below). It is hard to go wrong with either of these total market indexed portfolios. Best wishes. Taylor Jack Bogle's Words of Wisdom : "The winning formula for success in investing is owning the entire stock market through an index fund, and then doing nothing. Just stay the course." I think that’s what I’m beginning to understand...that I really can’t go wrong with either portfolio and I’m agonizing over splitting hairs. I never was truly comfortable with the 4 fund portfolio I was trying to mirror in three different accounts for several years. I was especi...
by abuss368
Fri May 22, 2020 5:43 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3895
Views: 2424688

Re: The Two-Fund or Three-Fund Portfolio?

nanameg: I slightly prefer The 3-Fund portfolio with 20% of equity in international stocks. However, I am also a fan of the 2-Fund Portfolio for its simplicity (read my link below). It is hard to go wrong with either of these total market indexed portfolios. Best wishes. Taylor Jack Bogle's Words of Wisdom : "The winning formula for success in investing is owning the entire stock market through an index fund, and then doing nothing. Just stay the course." I think that’s what I’m beginning to understand...that I really can’t go wrong with either portfolio and I’m agonizing over splitting hairs. I never was truly comfortable with the 4 fund portfolio I was trying to mirror in three different accounts for several years. I was especi...
by abuss368
Fri May 22, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 139211

Re: Why are you NOT buying rental properties?

https://www.wsj.com/articles/nearly-a-t ... 1586340000 "Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent" It is behind a paywall, but the headline says it all. That is incredible. I could not imagine dealing with that financial stress. The headline is just click bait and premature. Now we know: By April 19, 89% of American rental households made a full or partial payment toward their monthly rent. Analyzed through the National Multifamily Housing Council’s rent payment tracker of 11.5 million professionally managed units, that figure accounts for a payment rate of 95% compared to the same time last month, when 93% of tenants had paid rent. It also lags only slightly behind rent collection for the same period a year ...
by abuss368
Fri May 22, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Funds
Replies: 243
Views: 40806

Re: Vanguard High Dividend Yield Index Fund

Here were my original thoughts. For a retiree (or any investor) who desires additional dividend income, I would think this one fund would compliment the Total Stock Index. Vanguard High Dividend Yield - 3.66% REITs - 3.22% but it really is not this high!!! That "yield" for lack of better terms is comprised of three points: dividends, capital gain, and return of capital. Over 1/3 is a "return of capital". The adjusted yield is 2.37% per Vanguard's website: https://personal.vanguard.com/us/FundsY ... undId=5123 Advantages * Importantly an investor would not be taking specific sector risk. * Fund holds more companies than REIT fund. * Closely mirrors Total Stock. * Tax on dividends should be 15% vs. Ordinary income tax rat...
by abuss368
Fri May 22, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Funds
Replies: 243
Views: 40806

Re: Vanguard High Dividend Yield Index Fund

Here were my original thoughts. For a retiree (or any investor) who desires additional dividend income, I would think this one fund would compliment the Total Stock Index. Vanguard High Dividend Yield - 3.66% REITs - 3.22% but it really is not this high!!! That "yield" for lack of better terms is comprised of three points: dividends, capital gain, and return of capital. Over 1/3 is a "return of capital". The adjusted yield is 2.37% per Vanguard's website: https://personal.vanguard.com/us/FundsY ... undId=5123 Advantages * Importantly an investor would not be taking specific sector risk. * Fund holds more companies than REIT fund. * Closely mirrors Total Stock. * Tax on dividends should be 15% vs. Ordinary income tax rat...
by abuss368
Fri May 22, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Funds
Replies: 243
Views: 40806

Re: Vanguard High Dividend Yield Index Fund

Here were my original thoughts. For a retiree (or any investor) who desires additional dividend income, I would think this one fund would compliment the Total Stock Index. Vanguard High Dividend Yield - 3.66% REITs - 3.22% but it really is not this high!!! That "yield" for lack of better terms is comprised of three points: dividends, capital gain, and return of capital. Over 1/3 is a "return of capital". The adjusted yield is 2.37% per Vanguard's website: https://personal.vanguard.com/us/FundsY ... undId=5123 Advantages * Importantly an investor would not be taking specific sector risk. * Fund holds more companies than REIT fund. * Closely mirrors Total Stock. * Tax on dividends should be 15% vs. Ordinary income tax rat...
by abuss368
Fri May 22, 2020 12:15 pm
Forum: Personal Investments
Topic: How to create 60/40 portfolio?
Replies: 9
Views: 1519

Re: How to create 60/40 portfolio?

Considering your age range I would look at the overall asset allocation. A 60/40 portfolio may (or may not) be appropriate.
by abuss368
Fri May 22, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 146
Views: 9771

Re: The Taleb Asness 'debate' in the light of Bogleheads philosphy

VictoriaF wrote: Fri May 22, 2020 10:53 am Neither Asness nor Taleb is a Boglehead.

The Bogleheads philosophy targets investors, not fund managers. The main principle of this philosophy is to invest in low-cost, broad-based, index funds.

Victoria
Agreed! :sharebeer
by abuss368
Fri May 22, 2020 12:11 pm
Forum: Personal Consumer Issues
Topic: Bicycle Recommendation?
Replies: 49
Views: 5873

Re: Bicycle Recommendation?

I saw a Pee Wee Herman bike for sale on eBay not to long ago. Surprised how much it was going for!
by abuss368
Fri May 22, 2020 12:06 pm
Forum: Personal Investments
Topic: Chasing Individual Stocks
Replies: 76
Views: 7174

Re: Chasing Individual Stocks

During the big dip in March I spent a considerable amount of time and money researching and making individual stock purchases. Some of these stocks I cashed out on already taking a small loss because I believe they were mistakes, the others are doing well and I am planning to hold for a year and cash out with the long term capital gains, and some I just feel are strong enough to hold for the long term. All in all I am pretty certain I will come out ahead with the strategy than if I had gone pure index funds/ETFs. Even though I feel confident that the strategy worked in targeting individual companies, I find myself just psychologically beat. I have been watching the market constantly and making trades, and I just don't think its worth it an...
by abuss368
Fri May 22, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 139211

Re: Why are you NOT buying rental properties?

michaeljc70 wrote: Wed Apr 08, 2020 1:21 pm https://www.wsj.com/articles/nearly-a-t ... 1586340000

"Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent"

It is behind a paywall, but the headline says it all.
That is incredible. I could not imagine dealing with that financial stress.
by abuss368
Fri May 22, 2020 11:04 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 5973
Views: 690211

Re: [What TV Show Have You Recently Watched?]

TomatoTomahto wrote: Fri May 22, 2020 11:02 am
abuss368 wrote: Fri May 22, 2020 10:43 am Started "Ozark" season 1. Really good.
You are in for a ride. Buckle up.
:sharebeer
by abuss368
Fri May 22, 2020 10:47 am
Forum: Investing - Theory, News & General
Topic: REITs and Tax Efficiency
Replies: 2
Views: 331

Re: REITs and Tax Efficiency

A. Why are REITs tax-inefficient? Does it have something to do with the way cash flows work in the business? Or the high dividends? B. Are there other market sectors that are similarly tax-inefficient? REITs are not as tax efficient as some alternative investments but they also are not tax inefficient. The "dividend" from REITs typically is comprised of three subcomponents: 1) the actual dividend - taxed at ordinary income tax rates, 2) capital gain - taxed at lower preferred rates, and 3) a return of capital - which is not taxed and reduces cost basis (taxed if cost basis ever goes below zero). A Form 1099 at year reports this activity and it is quite easy. The Trump 2017 Tax Act also provided an additional QBI deduction on REIT...
by abuss368
Fri May 22, 2020 10:43 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 5973
Views: 690211

Re: [What TV Show Have You Recently Watched?]

Started "Ozark" season 1. Really good.
by abuss368
Fri May 22, 2020 7:08 am
Forum: Personal Investments
Topic: What to do with cash?
Replies: 32
Views: 6076

Re: What to do with cash?

gr7070 wrote: Thu May 21, 2020 10:16 pm
abuss368 wrote: Thu May 21, 2020 8:34 pm There is an old saying "cash is king" and for good reason.
Is that because its power is eroded with every year?
For me personally I view cash as providing insurance and peace of mind. Unfortunately in the last 12 years a return on cash has become second. Having cash when the opportunity calls for it (and for us that has happened) is important.
by abuss368
Thu May 21, 2020 9:32 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

Another option is a simple Vanguard Balanced Index Fund that Jack Bogle often recommended. In fact he noted his grandkids money was in that one simple fund.
by abuss368
Thu May 21, 2020 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: investmenting books
Replies: 28
Views: 2235

Re: investmenting books

MP173 wrote: Tue May 19, 2020 4:02 pm Looking for a book on index funds and general personal finance for my niece and her husband. Both in early 30s and doing well, but are using a high cost personal finance manager....charging 1% annual plus high expense ratio fees and 5.5% load funds.

I know there was a Bogelhead book years ago (which I purchased, read, and lent out) but not sure if there is an updated version.

Thanks,

Ed
Anything from John Bogle! The Bogleheads Guides (3 of them) are excellent choices. John Brennan, former CEO of Vanguard "Straight Talk on Investing" is excellent.
by abuss368
Thu May 21, 2020 8:34 pm
Forum: Personal Investments
Topic: What to do with cash?
Replies: 32
Views: 6076

Re: What to do with cash?

* I would keep building cash over time. There is an old saying "cash is king" and for good reason. Cash provides a lot of flexibility and peace of mind. I simply use a money market fund. I don't bother with complexity or calculations such as number of months, ratio's, etc.

* I would reevaluate spending $48,000 on a car. Cars are a wasting asset.

* Can you combine the 401k accounts or move a 401k account to your Vanguard IRA?
by abuss368
Thu May 21, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Help me understand tax on mutual fund
Replies: 7
Views: 581

Re: Help me understand tax on mutual fund

Quiet a number of people I know ( both friends and colleagues) have been bragging about how they sold at market high and how they’re buying stocks at the bottom. Here are some examples: 1. Some claim to have sold at the peak (No way!) 2. Some claim they started picking stocks in March n April and are sharing stock tips. Funny when I quietly listen when they value certain stocks to be very cheaply priced, some claim the S&P could go below 1500 and they’re waiting with a pile of cash to jump in. I’m sure a lot of you have been in the situation where you’re sitting next to someone who’s a successful stock picker but at the same time is worried about furlough or lay-off and even working overtime to pay their bills. My question is, even if ...
by abuss368
Thu May 21, 2020 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Still Nagging Us to Renew?
Replies: 7
Views: 943

Re: Quicken Still Nagging Us to Renew?

I used it for 10 years and stopped cold over 12 years ago and found I did not miss it or have any more needs. I focused on simplifying our financial lives (and non-financial lives) as much as possible and that was the key.
by abuss368
Thu May 21, 2020 7:53 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3895
Views: 2424688

Re: Why not International Bonds?

nanameg wrote: Thu May 21, 2020 7:39 pm
Taylor,
I’ve been reading both your book and the back and forth on this forum about international stock funds and I’m so tempted to go more simple and just have a two fund portfolio. 50/50 and call it a day. I’m afraid to not do what the experts...both you and Vanguard suggest however. I’m afraid to go THAT simple...just 2 funds, 50/50. But I find that so easy and elegant.
The beauty and simplicity of the Two Fund Portfolio as recommended by Jack Bogle and Warren Buffet, and the Three Fund Portfolio is that both portfolios will never be below average!

The right portfolio is the one that works for you!
by abuss368
Thu May 21, 2020 7:30 pm
Forum: Personal Investments
Topic: Assuming we start paying banks to hold our money (in the US)
Replies: 49
Views: 5332

Re: Assuming we start paying banks to hold our money (in the US)

vanquish wrote: Thu May 21, 2020 1:56 pm For the first time EVER…Interest rates just began to go NEGATIVE.
There are quite a few countries that ALREADY have negative interest Rates: Switzerland is negative 0.75%, Denmark is negative 0.6%, Japan is negative 0.1%. This means you have to pay banks to store your cash for you.

Let's assume that this started happening in the US, What would you do with your Money? Stocks, precious metals , bonds?
What would be your game plan or do you think this will never, ever happen here in US
I think you will see bank fees here before negative interest rates. I use a money market right now - still not much better. I will keep buying Total Stock every week!
by abuss368
Thu May 21, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: In taxable, why are bond funds "discouraged" but not money market funds?
Replies: 17
Views: 2375

Re: In taxable, why are bond funds "discouraged" but not money market funds?

LifelongDebtor wrote: Thu May 21, 2020 2:17 pm I understand that bond funds are somewhat discouraged in a taxable account, but then why are money market funds not discouraged also? Don't they both provide the majority of their returns through ordinary dividends, which are taxed the same?

The possibility of using some ultra short bond ETFs in place of near zero yield money market funds in taxable account is what sparked this. The extremely tiny increase in "risk" of a tiny & temporary drawdown seem perfectly acceptable to me.
You can place taxable or tax exempt bonds in a taxable account if need be based on your personal tax situation.
by abuss368
Thu May 21, 2020 7:27 pm
Forum: Personal Investments
Topic: What will the effect be on VBTLX after $6T Fed & gov stimulus?
Replies: 8
Views: 1273

Re: What will the effect be on VBTLX after $6T Fed & gov stimulus?

averagedude wrote: Thu May 21, 2020 7:26 pm No one really knows, but in my opinion don't expect your bond fund to experience 3% long term real returns like it did in the past.
:sharebeer
by abuss368
Thu May 21, 2020 7:22 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

I have been researching the threads so titled and I have literally read every page of each thread. Yet I am still left wondering which is the better way to go? I get it, everyone has a different reason for going with their choice. I'm trying to decide which seems to be the better way, primarily for safety... and also, for ease of use / manipulation / tracking. etc. I am 69, this year I am cutting my work back to 10-12 hours a week (because I like my work and can!), I am not really in the accumulation phase nor the withdrawal phase just yet, though I expect I will soon begin regularly withdrawing some money soon for every day living expenses. Longinvest's 1 fund portfolio - VSMGX Life Strategy Moderate Growth Fund) : I wonder how safe it is...
by abuss368
Thu May 21, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 4080

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

Randtor wrote: Thu May 21, 2020 4:01 pm
Abuss368's 2 Fund portfolio - VTSAX (Total US Stock Market Index Fund) and VBTLX (Total US Bond Index Fund) : A proponent of the 3 fund portfolio, but an offshoot of such, by not using International Stock or bond funds.
viewtopic.php?f=10&t=188176
I am honored! But in all fairness that portfolio is the Jack Bogle and Warren Buffett portfolio!

It has worked well.
by abuss368
Thu May 21, 2020 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo - Direct Connect. Fees?
Replies: 4
Views: 980

Re: Wells Fargo - Direct Connect. Fees?

I have been with Wells Fargo a long time. Amazing they have not been broken up yet. I just watched an episode of "Dirty Money" on Netflix regarding the bank. Not good.
by abuss368
Thu May 21, 2020 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo - Direct Connect. Fees?
Replies: 4
Views: 980

Re: Wells Fargo - Direct Connect. Fees?

I am not aware of that but I know they do have an online money management and reporting tool that provides analysis.
by abuss368
Thu May 21, 2020 7:17 pm
Forum: Personal Investments
Topic: What will the effect be on VBTLX after $6T Fed & gov stimulus?
Replies: 8
Views: 1273

Re: What will the effect be on VBTLX after $6T Fed & gov stimulus?

Who knows? I am not sure anyone does at this point.

Once thing is for sure: Don't fight the Federal Reserve.
by abuss368
Thu May 21, 2020 7:17 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs. S&P 500
Replies: 55
Views: 6945

Re: Total Stock vs. S&P 500

I am moving our employer plan to Vanguard and will now have access to Total Stock Index. I still believe either fund is an excellent choice.
by abuss368
Thu May 21, 2020 4:45 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 5802
Views: 575274

Re: What are you listening to now

More 80s music