Vanguard Mid Cap Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard Mid Cap Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities within … Read more

Vanguard Extended Market Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard Extended Market Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities within … Read more

Vanguard Small Cap Value Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard Small Cap Value Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities … Read more

Vanguard Small Cap Growth Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard Small Cap Growth Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities … Read more

Vanguard Small Cap Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard Small Cap Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities within … Read more

Vanguard 500 Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard 500 Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities within the … Read more

Vanguard Total Stock Market Index Fund

This post contains spreadsheets that detail various aspects of the Vanguard Total Stock Market Index Fund. Accounting data The accounting figures and associated ratios can help one visualize some of the major determinants of a fund’s tendency to distribute taxable gains. These determining features include: Turnover: The rate at which a fund manager sells securities … Read more

Lazy Portfolios in 2020

The following table lists 2020 total returns for various examples of “lazy portfolios”. Some of the portfolios (Coffeehouse and Coward’s) are designed as 60/40 stock/bond portfolios. Other portfolios (Armstrong Ideal and Swensen) are designed as 70/30 stock/bond portfolios. The two-fund, three-fund, and four-fund portfolios are scaled to similar stock/bond allocations. Prior to 2018, returns are derived from … Read more

2020 US stock market index returns

The table below provides US stock market returns for 2020 as measured by major index providers. 2020 returns Note that index providers have differing metrics for defining size and style dimensions, and employ differing transition metrics for stocks migrating from size and style categories. These differences are reflected in the dispersion of returns in each … Read more

US two fund portfolio – 2020 update

The US two fund portfolio is a portfolio design consisting of two “total” market index funds covering the US stock market and the US taxable investment grade bond market.

The 2020 returns for the portfolio’s constituent Vanguard funds:

  • Vanguard Total Stock Market Index Fund: 20.99%
  • Vanguard Total Bond Market Index Fund: 7.72%

Below are four portfolios with allocations devoting various stock/ bond allocations (click images to enlarge).

The table below provides 2020 returns for these portfolios.

Year80/2060/4040/6020/80
202018.34%15.68%13.03%10.37%

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