A Portfolio That's as Easy, as One, Two, Three
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A Portfolio That's as Easy, as One, Two, Three
Taylor Larimore has been quoted in the WSJ as has the forum.
http://finance.yahoo.com/news/portfolio ... 00401.html
http://finance.yahoo.com/news/portfolio ... 00401.html
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions
Re: A Portfolio That's as Easy, as One, Two, Three
The Yahoo Finance! article left out the illustrations and one important table. To get the article directly from WSJ without needing a subscription, just access the site by Google: A Portfolio That's as Simple as One, Two, Three site: wsj.com - Google Search
I like Taylor's quote:
I like Taylor's quote:
"It is often said that stocks let us eat well and bonds let us sleep well," says Mr. Larimore.
Re: A Portfolio That's as Easy, as One, Two, Three
Great quote Taylor!!!
A man is rich in proportion to the number of things he can afford to let alone.
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Re: A Portfolio That's as Easy, as One, Two, Three
Great quotes from Taylor. The article itself, however, was terrible. How can the point of the article be about simplicity and turn around and talk about international bonds and alternatives.
The WSJ should have let Taylor just write it!
Good luck
The WSJ should have let Taylor just write it!
Good luck
"The stock market [fluctuation], therefore, is noise. A giant distraction from the business of investing.” |
-Jack Bogle
Re: A Portfolio That's as Easy, as One, Two, Three
Taylor led them to water, it's up to them to drink!
"Optimum est pati quod emendare non possis." |
-Seneca
WSJ Article Praising The Boglehead Three Fund Portfolio
[Thread merged into here -- admin LadyGeek]
Today's WSJ has an article on the Three Fund Portfolio and quotes our own Taylor Larimore with multiple references to the Bogleheads:
http://online.wsj.com/article/SB1000142 ... _Video_Top
Today's WSJ has an article on the Three Fund Portfolio and quotes our own Taylor Larimore with multiple references to the Bogleheads:
http://online.wsj.com/article/SB1000142 ... _Video_Top
- Rick Ferri
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Re: WSJ Article Praising The Boglehead Three Fund Portfolio
Taylor is our hero!
Rick Ferri
Rick Ferri
The Education of an Index Investor: born in darkness, finds indexing enlightenment, overcomplicates everything, embraces simplicity.
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Re: WSJ Article Praising The Boglehead Three Fund Portfolio
[Thread merged into here -- admin LadyGeek]
http://www.bogleheads.org/forum/viewtop ... 0&t=119344
^ The article link was posted last night.
http://www.bogleheads.org/forum/viewtop ... 0&t=119344
^ The article link was posted last night.
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions
- Rick Ferri
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Re: A Portfolio That's as Easy, as One, Two, Three
Taylor is our hero!
Rick Ferri
Rick Ferri
The Education of an Index Investor: born in darkness, finds indexing enlightenment, overcomplicates everything, embraces simplicity.
Re: WSJ Article Praising The Boglehead Three Fund Portfolio
My apologies. Even though it repeated the same wording as the title of the article, the title of the post last night, " A Portfolio That's as Easy, as One, Two, Three", was not a clear reference in my sleepy eyes to the WSJ article and the Bogleheads when I reviewed all the recent titles before posting this morning. I was focusing on Taylor and the Bogleheads.Grt2bOutdoors wrote:http://www.bogleheads.org/forum/viewtop ... 0&t=119344
^ The article link was posted last night.
[Thread merged into here, don't worry about it. -- admin LadyGeek]
Last edited by Munir on Tue Jul 09, 2013 2:09 am, edited 1 time in total.
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Re: A Portfolio That's as Easy, as One, Two, Three
My family follows the three fund approach and we owe our thanks to Mr. Larimore. However I can also understand where the critics are coming from. For every good portfolio, I am sure there will always be a “better one” with some tilt – may it be Value, REIT, commodities or you name it. The real question is, is it “better” for ME. We’ve tried them and, the 3-fund is the best for us – our lifestyle and our temperament. Like the old Curley in “City Slicker” would probably say “There is just this one thing and That's what *you* have to find out”.
Faith
Faith
- Rick Ferri
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Re: A Portfolio That's as Easy, as One, Two, Three
You're 90% the way there with the three-fund portfolio. All else is icing on the cake. And that's if you like icing. Some people don't.
Rick Ferri
Rick Ferri
The Education of an Index Investor: born in darkness, finds indexing enlightenment, overcomplicates everything, embraces simplicity.
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Re: A Portfolio That's as Easy, as One, Two, Three
The comments on the article are pretty entertaining.
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WSJ article "simple as one, two, three" July 8
Shall we discuss this analytically/critically? Maybe it's irrelevant for "us" but has some good discussion points.
http://online.wsj.com/article/SB1000142 ... S=larimore
http://online.wsj.com/article/SB1000142 ... S=larimore
Re: A Portfolio That's as Easy, as One, Two, Three
^^^ Welcome! I moved your thread into here, as it's best to keep topics together. Feel free to discuss analytically / critically.
Update: I moved a 2nd thread into here.
Update: I moved a 2nd thread into here.
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Re: A Portfolio That's as Easy, as One, Two, Three
Good for you Taylor!Grt2bOutdoors wrote:Taylor Larimore has been quoted in the WSJ as has the forum.
http://finance.yahoo.com/news/portfolio ... 00401.html
"When nothing goes right....go left"
- Taylor Larimore
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A Journal surprise--embrace the market.
Bogleheads:
It was a surprise to me that the Wall Street Journal would feature an article about total-market index-funds. The Journal, like most of the financial media (and most advisers) make their money by convincing investors they can tell us how to beat the market (for a price).
I may subscribe again.
Best wishes.
Taylor
It was a surprise to me that the Wall Street Journal would feature an article about total-market index-funds. The Journal, like most of the financial media (and most advisers) make their money by convincing investors they can tell us how to beat the market (for a price).
I may subscribe again.
Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
Re: A Portfolio That's as Easy, as One, Two, Three
The allocation they are suggesting from the article: "40% U.S. stocks, 20% international stocks and 40% bonds. That Vanguard portfolio, rebalanced annually, returned an average of 7.14% a year over the last decade"
This allocation is very close to the allocation of Vanguard LifeStrategy Moderate Growth Fund (VSMGX). Based on Vanguard.com the VSMGX return over the past 10 years have been 6.43%. Does anyone know where the 7.14% came from and how it was calculated or I am missing something?
This allocation is very close to the allocation of Vanguard LifeStrategy Moderate Growth Fund (VSMGX). Based on Vanguard.com the VSMGX return over the past 10 years have been 6.43%. Does anyone know where the 7.14% came from and how it was calculated or I am missing something?
Re: A Portfolio That's as Easy, as One, Two, Three
The makeup of the LS Moderate has changed over the last 10 Yrs. It had a 25% Asset Allocation Fund component for a good portion of that 10 years. Also International was 20% ,Then more recently 30% in addition to other changes which accounts for the difference.parsi1 wrote:The allocation they are suggesting from the article: "40% U.S. stocks, 20% international stocks and 40% bonds. That Vanguard portfolio, rebalanced annually, returned an average of 7.14% a year over the last decade"
This allocation is very close to the allocation of Vanguard LifeStrategy Moderate Growth Fund (VSMGX). Based on Vanguard.com the VSMGX return over the past 10 years have been 6.43%. Does anyone know where the 7.14% came from and how it was calculated or I am missing something?
All the Best, |
Joe