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I purchased a 2018 CR-V in March with the 1.5 L turbo. Wouldn't you know it, I found this thread about a week later. You and me both. I live in Florida so I'm hoping it's a cold weather problem as has been suggested. I did a lot of research before buying the CR-V and don't recall seeing anything ab...

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Perhaps. Is this really something that can be "not present" and then after a certain period of time or miles driven appears? Or is it that it's just discovered at 8-9K on average, but was there all along? I do appreciate the "heads up" and really feel for you guys who bought a Honda expecting the hi...

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I purchased a 2018 CR-V in March with the 1.5 L turbo. Wouldn't you know it, I found this thread about a week later. I'm in Michigan. We've had a cold spring and I commute about 3 miles to work. So I'm the ideal candidate for the oil fuel-dilution problem. I have driven my CR-V about 1300 miles so f...

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I have been hearing predictions that future stock market returns will be lower than average for the last 15-20 years (since I've been paying attention). I didn't start tracking my personal annualized portfolio ROR until 2005, but it has averaged 9.3% through 2017. Below average perhaps, but higher t...

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Taylor Larimore wrote: ↑
Wed Mar 07, 2018 3:37 pm
Bogleheads:

We are discussing a simple Three-Fund Portfolio vs. a complex portfolio. This is what experts say:

"Simplicity":

Best wishes
Taylor

I have a variation of a "Larry Portfolio" and it consists of three funds. How is your three fund portfolio less complex than mine?

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I have an investment policy statement specifying that my asset allocation should be "100 - Age + 14". This no longer makes sense to me as I move through my 40's... You lost me after the third paragraph, so this may not be helpful, but it is a simple formulaic glide path that makes more sense to me ...

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If I were to take advantage of a brokerage transfer cash offer would the money in the settlement fund transfer "in-kind" the same way the ETF shares would? Yes, if you want it to. Transfer forms normally have the option for a complete transfer, or partial. With the latter, you can specify shares to...

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For a Roth, it's not easy. You can find some other ETF that's around the value and put a limit order for how much you have, then hope it hits. Then you have one odd ETF. I just don't worry about it. Yeah, I guess $100 +/- doesn't matter in the grand scheme, but it makes ETF investing a little less ...

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I use ETFs in my Roth IRA because the VG int'l small cap ETF (VSS) is half the cost of it's mutual fund shares. The one thing that annoys me is you can't buy fractional shares, so I always have a little cash sitting in my settlement fund. Not a deal breaker, but annoying nonetheless. Is there any wa...

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I have been investing for 20 years, but I've never been tested. Why? In 2000 my portfolio was about $10,000, in 2007, about $75,000. In both cases I was 100% equities, but so far from having "real" money that it didn't phase me a bit. Starting in 2008, I was finally able to start socking significant...

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I've been a Vanguard shareholder and followed the Diehards/Bogleheads forums since about 2001. It seems to me, Bogle's been warning about low equity returns for at least a couple decades and probably before that. I'm glad I've ignored this and kept high equity allocations all along.

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Here's my simple glide path formula: Current Portfolio Value/Target Portfolio Value = % of Target % of Target * Desired Bond Allocation % at Retirement = Current % Bonds Thanks. I think that's a good rule of thumb. So trying to make this concrete with an example: Target retirement income = $100 k T...

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Here's my simple glide path formula:

Current Portfolio Value/Target Portfolio Value = % of Target

% of Target * Desired Bond Allocation % at Retirement = Current % Bonds

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For some time I was undecided as to the best glide path for our portfolio. Then one day on this forum I was introduced to the concept of "target wealth" versus "target date". It was an "ah hah!" moment and I adopted it from that point. It made perfect sense to me. My strategy is a little simpler tha...

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I have a little different way of thinking about your three financial levels (I see them more as "levels" rather than "stages"). Currently, based on our income, expenses and savings, we are at Level #2. I often think about how I want to be when I retire. I could retire early and get out of the rat ra...

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I like it. Seems pretty reasonable and accurate. I would put us firmly in Stage #2.

Just to clarify, do you consider these to be stages in a families' financial situation throughout their working and retirement years, or just working years or just retirement?

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Same stock/bond glide path, but I would include more factor exposure on the equity side. Here's my simple three fund portfolio:

Small Cap Value (39%)
Int'l Small Cap (39%)
Intermediate Treasuries (22%)

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I had read a couple of posts on this board recently where a forum member was suggesting setting your bond allocation as a function of the target number instead of your age. So, using this method, if your target was a $1 million portfolio @ 70% bonds you would work backwards from there. So 900K woul...

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NiceUnparticularMan wrote:...So there you go--all your stocks in VBR and VSS, and you have a nicely-tilted global stock portfolio...

And this is exactly what I do. Thanks for the validation. You made my day.

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I will turn 48 this week. Don't know if that's old to the OP, but I will tell you that I didn't start making decent money until about ten years ago. Since then my net worth has increased dramatically. I just regret that it took so long for me to settle in to a career and increase my income. Boglehea...

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NiceUnparticularMan wrote:
stlutz wrote:Betting only on small/value is not factor diversified.
This is a crucial premise in your argument, and...

Nice explanation.

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Because I don't come here everyday or even every month, I'm one of the posters that would ask a question from time to time that was probably addressed by Larry a thousand times. I was always surprised and delighted when he would respond anyway. Larry is one of the experts I have trusted the most thr...

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Not really. I'd say it has done a pretty horrible job. It is so far off I don't understand how anyone could even consider basing actions on it. Here's Bogle's model for the past several years https://monosnap.com/file/cYm3w5pcQbeJKbim7hS4AzLr0wwPTC.png Interesting table. It coincides with about the...

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Phineas J. Whoopee wrote:...OP: With respect to individual investing that word is often used to mean investment grade bonds of no more than intermediate term.
PJW

PJW - Thanks for your concise answer and links.

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I see the term used a lot here, especially when discussing the Larry Portfolio. I did a search and was not able to find an explanation in other threads. Probably didn't look hard enough. The term implies there are "safe" and "unsafe" bonds. Are unsafe bonds just lower quality corporate bonds (high y...

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My guess is that Larry would recommend holding CDs in an IRA or munis (if in taxable) over treasuries. Additionally he might now recommend alts like P2P lending, AQR managed futures and AQR multi-style period to replace some treasuries depending on several factors. I hold most of my bonds in a 401k...

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I was under the impression Vanguards Intermediate Term Treas (VFIUX) was the best fixed income fund option for implementing this strategy. A couple of Larry's comments on this thread have caused me to second guess this. Is there a better VG fixed income fund for this strategy?

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NiceUnparticularMan wrote:Probably #1...

Thanks for your thoughts, NiceUnparticularMan!

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fwiw, TE should be irrelevant to sophisticated investor...Of course I would use CDs, not Treasuries, if can. Larry Thanks for responding, Larry. TE has never been an issue with me. I guess that makes me sophisticated! :) Part of the reason I hold any LC is a portion of my portfolio (my HSA) has lim...

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If you were planning to retire in 12 years and could only choose one portfolio, which would you choose? #1 25% VG Value Index 25% VG Sm Value 25% VG Sm Int'l 25% VG Intermediate Treas. #2 33% VG Sm Value 33% VG Sm Int'l 33% VG Intermediate Treas. Before anyone lectures me, I know this is splitting h...

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This portfolio concept appeals to me. Is there any reason I have to wait until I've "won the game" to implement? Assuming I understand the tracking error risk, would this work with a higher equity allocation too. For example, would it be crazy to do 33% ITT, 33% Small Value, 33% Int'l Small when I'm...

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uncaD wrote:
Tycoon wrote:Calories in < Calories burned
This is all there is to it.

As others have mentioned, there is a large body of scientific research and multiple studies that contradict this. The science suggests not all calories are the same.

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You can try all the fad diets in the world, but it will always come down to: 1. Work out more 2. Eat less Both of these things require self-discipline in the long-term, which is the snagging point for 99% of Americans. The fad diets will just end up either A) harming your health; B) harming your wa...

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Another anecdote here for a low carb diet. Lost 25 pounds (200 to 175) and have kept it off for a year now. Sugar is the biggest culprit. For whatever it's worth, I have always worked out (running and weight training). I didn't lose my excess weight until I changed my diet. Not saying exercise isn't...

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Let me be frank. If you drive in an area where it is regularly below 40 degrees and snows during winter, you're stupid if you don't put winter tires on your car. I guess the vast majority of people I've ever known are stupid. Snow tires are great, but there's no need to be dogmatic and insulting. I...

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Let me be frank. If you drive in an area where it is regularly below 40 degrees and snows during winter, you're stupid if you don't put winter tires on your car. As others have pointed out, the cost in minimal. I don't find it to be much of a hassle. I switch out the tires on all three of our vehicl...

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I'll chime in with my experience in West Michigan (70+ inches on average). Three years ago we built our dream house back in the woods at the end of a long driveway with a hill leading up to the house. First year we had to park cars at the bottom of the hill several times during the winter. Then I di...

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A few years ago we moved to a house with a steep incline on the driveway leading up to the house. That first winter our cars spent several nights parked at the bottom of the hill because we couldn't make it up with all-season tires if the driveway had any ice. The next year I put winters on my wife'...

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Bogleheads:I love Social Security. It's America's finest retirement plan. Nothing else gives you the same combination of income for life, inflation protection, tax benefits, government-backed payment guarantees, and built-in spouse protection, with no annual investment fee and no market risk. A com...

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I've wrestled with the same dilemma. I settled on not getting my value tilt on the int'l side, but instead using Value Index (VVIAX) and Small Cap Value (VSIAX) on the domestic side where it is cheaper (.08%).

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Also, it would be illegal for them to sell you coverage at a lower rate just because you ask. It's not like the cable company. Most rates are filed and approved by the state where the insurance is sold.

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Some of you seem to be mistakenly under the impression that an insurance agent sets the prices for the products they sell. That is not the case. There really is nothing they can do to lower your rates.

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I would say that they, like Vanguard, are one of the "better guys", at least as of current. No financial institution is without faults, so I wouldn't label anyone unequivocally as a "good guy". Fair enough. Maybe it would be better to ask if their products and services represent a good value and ar...

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Levett wrote:What rubbish!

What exactly is "rubbish", that some financial services companies attempt to exploit people's ignorance? That seems self evident, not melodramatic.

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Thank you to those who responded. I have a high net worth friend who is considering their services and asked my opinion. I don't know enough about TIAA-CREF to have an opinion, but I knew I would get some good information here. I basically just want to know if they run their business in a way that i...

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Does anyone have personal experience with TIAA-CREF's Individual Advisory Services? What I really would like to know is do they provide good products and services at reasonable cost like Vanguard or are they one of the companies that exploit consumers with unsuitable, expensive products with strong ...

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David Jay wrote:Do we need to start a WM Bogleheads chapter?

I'm in (Caledonia).

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I hardly ever post, but I enjoyed bottlecap's post above so much I logged on just to say, "Great post, bottlecap"!

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Concerning some of the remarks about ATV plows piling snow on each side of the driveway, that was a concern for me towards the end of last winter. The driveway was so narrow in places, you would not have been able to open the car doors on either side. However, this was a once in lifetime event (116 ...

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Me - 2001 Honda Odyssey - 257,000 miles. I will replace it when something major goes wrong. It's rusting out, but just will not die. Teenage kids - 1998 Subaru Outback - 212,000 miles. Wife - 2012 Hyundai Elantra - 60,000 miles. Why? They are all safe and reliable and serve a specific need, I guess.

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