Search found 19329 matches

by Taylor Larimore
Mon Feb 08, 2016 9:47 pm
Forum: Investing - Theory, News & General
Topic: Jeremy Siegel : I was too bullish
Replies: 3
Views: 558

Re: Jeremy Siegel : I was too bullish

It's not every day you hear perma-bull Jeremy Siegel say this . http://finance.yahoo.com/news/jeremy-siegel-too-bullish-heres-142815438.html# Obligatory actionable question : are you acting on this advice ? madbrain: We must give professor Siegel credit for changing his mind. When I started investi...
by Taylor Larimore
Mon Feb 08, 2016 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help Splitting a Target Date Fund
Replies: 12
Views: 689

Re: Help Splitting a Target Date Fund

If one wished to sell shares in a target date fund and move the assets into separate stock and bond funds, but wanted to avoid liquidating stock shares while their value is down, would this method work. If the TD fund AA is 60/40 and the fund value is down 8%, (assuming that the value of the bond p...
by Taylor Larimore
Mon Feb 08, 2016 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Quest for lower fees: Found lowest cost option yet. Go with it?
Replies: 21
Views: 995

Prioritizing what's important

I believe that the difference between a .05 and a .029 is so miniscule that it makes no practical difference where I park my money. betterfinances: I agree with you although costs are very important. In my opinion, other considerations such as company reputation, convenience, tax-efficiency, servic...
by Taylor Larimore
Mon Feb 08, 2016 7:33 pm
Forum: Personal Consumer Issues
Topic: Planning a High-Value Wedding Regardless of Cost
Replies: 21
Views: 946

Elope

Dubsem:

We had a large and expensive wedding which left us nearly broke. We discussed it afterwards and we wished we had saved the money and eloped as "123" suggests.

We were married 62 years until my wife died of cancer 3 years ago.

Best wishes.
Taylor
by Taylor Larimore
Mon Feb 08, 2016 6:27 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 248
Views: 32071

First Post !

Sometimes getting involved in such a large and active community can be a little intimidating. I've been looking for a way to graduate from the silent majority and contribute my first post without feeling like a stranger barging in on a family conversation. This thread seems like the perfect opportu...
by Taylor Larimore
Mon Feb 08, 2016 6:09 pm
Forum: Investing - Theory, News & General
Topic: "Politics and Investing Don't Mix"
Replies: 13
Views: 1071

STAY THE COURSE

Mr. Larimore.....All too true. Other pitches I hear are variants of 'we will make your investment immune from market downturns', closely followed by the words 'safety' and 'security'; or, you should avail yourself of this 'little known, but incredibly effective technique used by wealthy people'. Fo...
by Taylor Larimore
Mon Feb 08, 2016 1:48 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 21
Views: 1962

Re: Jim Cramer

Does Jim Cramer know what he's talking about? Does anyone here follow his thoughts for the 'play money' part of their portfolio? Is there any evidence that he personally outperforms the market? UKInvestor: I met Mr. Cramer during our first Diehard Conference in Miami in March 2000--at the very peak...
by Taylor Larimore
Mon Feb 08, 2016 1:34 pm
Forum: Investing - Theory, News & General
Topic: "Politics and Investing Don't Mix"
Replies: 13
Views: 1071

"Politics and Investing Don't Mix"

Boglehead Mike Piper is a financial author and editor of "Oblivious Investor." He is also on our Panel of Experts at our Boglehead Conventions (March Registration). Mike has written an article about how the financial industry gets us to buy their products. These are excerpts: The pitch goe...
by Taylor Larimore
Sun Feb 07, 2016 8:16 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4802

Re: "Picking Individual Stocks is a Loser's Game"

Whether 10 years from now I will own only index funds, I do not know. The point is that it will be based on actual results on my portfolio and how successfully I am able to pick stocks. Currently I believe I can do better than Total Stock Market Index. pop77: Please go back and read the opening pos...
by Taylor Larimore
Sun Feb 07, 2016 6:09 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4802

Picking winning funds in advance. A loser's game.

pop77: Sometimes we fail to remember our mistakes. In April, 2008, (your third post) you wrote: Postby pop77 » Wed Apr 30, 2008 7:45 pm I keep reading a lot of articles about lazy portfolios and index investing. However I am still not convinced that indexes cannot be beaten. I think it is against th...
by Taylor Larimore
Sun Feb 07, 2016 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance? - 85% LTV, 30-Year Fixed, 5.5% to 15-year Fixed, 2.99%
Replies: 23
Views: 920

Re: Should I Refinance? - 85% LTV, 30-Year Fixed, 5.5% to 15-year Fixed, 2.99%

I'm likely looking to sell and move into a house in 3-5 years. I'm debating whether to refinance to a shorter term loan with a better interest rate (15-year fixed at 2.99%). It appears that the closing costs will be around 3-4K (which will likely be rolled into the loan). atl_brownie: My inclinatio...
by Taylor Larimore
Sun Feb 07, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: need help finding an article [Investing info for surviving spouse]
Replies: 4
Views: 203

Final Instructions

Angrypuppy:

I call my book "Final Instructions." Every adult should have one if they love their family.

Best wishes.
Taylor
by Taylor Larimore
Sun Feb 07, 2016 2:29 pm
Forum: Investing - Theory, News & General
Topic: How to calculate annual standard deviation from monthly returns
Replies: 22
Views: 668

Volatility vs. possible loss

Hi, I'd like to calculate the annual volatility of my portfolio. I have monthly return data. I've read that one approach it to calculate the monthly standard deviation of returns then multiply by the square root of 12, but that this is just an approximation. Does anyone know where I could find an e...
by Taylor Larimore
Sun Feb 07, 2016 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: World-class Worrier Trying to Reassure Another
Replies: 27
Views: 1891

A possible solution: SPIA.

I have a good friend who is frightened that she will outlast her money ($4 million dollars). Mintee: A lifetime annuity (SPIA) could be the best solution. A 62 year old woman can purchase a $1 million dollar Single Premium Annuity (SPIA) which will guarantee her a lifetime annual income of $59,376....
by Taylor Larimore
Sun Feb 07, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2679
Views: 531763

Re: U.S. stocks in freefall

I don't understand the "holding forever" argument. Victoria: The primary use of "holding forever" in taxable accounts is primarily because if we exchange a profitable fund we usually must pay a capital-gain tax, leaving that much less to invest in a new fund. I agree that it doe...
by Taylor Larimore
Sun Feb 07, 2016 10:40 am
Forum: Investing - Theory, News & General
Topic: Is there a rule of thumb for 50/50 Total Stock/Total Bond
Replies: 22
Views: 2338

It is better to wait.

Where do you find that online estimate? I already understand that if I am going to go into any kind of annuity at any amount, I need to shop. Which opens a whole world of research. Do Bogleheads have a general view of annuities? Or are opinions all over the place? I presume they arent something I s...
by Taylor Larimore
Sun Feb 07, 2016 9:45 am
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 248
Views: 32071

"I do not truly believe in passive investment or indexing."

I don't follow the bogleheads' philosophy with respect to investing as I do not truly believe in passive investment or indexing. MGator: I doubt if anyone started-out believing in indexing. It is very counter-intuitive. In addition, the financial industry spends billions of dollars every year tryin...
by Taylor Larimore
Sat Feb 06, 2016 5:43 pm
Forum: Investing - Theory, News & General
Topic: Is there a rule of thumb for 50/50 Total Stock/Total Bond
Replies: 22
Views: 2338

A few suggestions

sonoferu: Suggestions: * If you buy a deferred annuity from the annuity salesman's luncheon, it is likely to be the most expensive lunch you ever attended. If you and your wife are in average health or better, and decide to buy a lifetime annuity, you should almost certainly buy more directly and it...
by Taylor Larimore
Fri Feb 05, 2016 10:19 pm
Forum: Investing - Theory, News & General
Topic: Is there a rule of thumb for 50/50 Total Stock/Total Bond
Replies: 22
Views: 2338

We get what the market gives.

I'm curious if there are generalizations floating around about long term returns for a portfolio that is simply a 50/50 of Total Stock Index and Total Bond Index funds. sonoferu: Vanguard's Total Stock Market Index Fund (VTSMX) annualized return since its 1992 inception was 8.91% Vanguard Total Bon...
by Taylor Larimore
Fri Feb 05, 2016 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or iShares for total stk market?
Replies: 27
Views: 1816

ETFs or Mutual Funds?

I agree go exclusively with ETFs in taxable. Yesterdaysnews: Sorry, but it is not that simple. Both ETFs and Mutual Funds have advantages and disadvantages. For example, most Vanguard ETFs have no tax advantage over their corresponding Vanguard index funds. Rick Ferri wrote The ETF Book and is cons...
by Taylor Larimore
Fri Feb 05, 2016 4:15 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4802

The Three-Fund Portfolio

Stick to the Three Fund Portfolio..then as Jack says "Don't do something...just stand there!"

This is a link to The Three-Fund Portfolio and its many advantages.

Best wishes.
Taylor
by Taylor Larimore
Fri Feb 05, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: "John Bogle Dismisses Index Fund 'Danger'"
Replies: 13
Views: 3438

"John Bogle Dismisses Index Fund 'Danger'"

Bogleheads:

Mr. Bogle is featured in this MarketWatch interview:

John Bogle Dismisses Index Fund "Danger"

Best wishes.
Taylor
by Taylor Larimore
Fri Feb 05, 2016 3:35 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4802

Why old investors own individual stocks.

I think we can all agree that the above Supreme Court justices have extremely high IQs, probably top 1-2% of the population. However many of them do not seem to have gotten the memo on individual stock picking. saurabh: Many older investors invested in individual stocks when mutual funds were almos...
by Taylor Larimore
Fri Feb 05, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 38
Views: 3813

Re: What is Your Bond Allocation & Location

I figure that the best way to learn about bonds (aside from reading the wiki & Swedroe's book) is to ask Bogleheads about your experience: How do you allocate the bond portion of your portfolio? Individual bonds, funds, muni's, TIPS? In what type of account? Why does this choice make sense for ...
by Taylor Larimore
Fri Feb 05, 2016 11:30 am
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 464
Views: 94937

Asset-Class Diversification

no offence but how do we know that 20% of EM or INTL funds will do better in coming future of 1-5 years horizon? It maybe 10% or 40% will also do better. No one knows. Pick any random percentage and it may do better if you rebalance periodically. rakamaka: You are correct. No one knows which asset ...
by Taylor Larimore
Fri Feb 05, 2016 11:19 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4802

"Picking Individual Stocks is a Loser's Game"

Bogleheads: Jim Dahle, MD, editor of The White-Coat Investor, has published an important article for individual stock investors (and those who are tempted): "JP Morgan took a look at how difficult it was to pick individual stocks. They looked at data from 1980 to 2014 using the stocks in the Ru...
by Taylor Larimore
Thu Feb 04, 2016 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Full 401k annual contribution from bonus this year?
Replies: 6
Views: 487

Dollar-Cost-Average or Lump Sum Investment?

If you had an option of investing a lump sum from an upcoming bonus to the full allowable 401k amount, would you do it this month in this climate? Into stock funds? The other option is the same total amount spread out through every paycheck (into the same fund - s&p 500 index for example.) than...
by Taylor Larimore
Thu Feb 04, 2016 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: [Am I getting a bad deal from my financial planner?]
Replies: 58
Views: 3952

"Road Map for Investing Success."

pepperz: You may be interested to know that pkcrafter, who replied above, is the author of this excellent, free, on-line book: ROAD MAP FOR INVESTING SUCCESS Morningstar: "If there's anything in the whole world of mutual funds that you can take to the bank, it's that expense ratios help you mak...
by Taylor Larimore
Thu Feb 04, 2016 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: [Am I getting a bad deal from my financial planner?]
Replies: 58
Views: 3952

Need more information

Specifically I'm questioning whether that $656.62 wouldn't be better off invested elsewhere. (I'm not even clear on how much is cash value vs. insurance and what the investments are actually in.) Also wondering if I can do better by taking the $400/month (currently going to non-retirement account) ...
by Taylor Larimore
Thu Feb 04, 2016 11:54 am
Forum: Investing - Theory, News & General
Topic: "Maybe You Should Sell Some Stocks"
Replies: 6
Views: 1359

Re: "Maybe You Should Sell Some Stocks"

Bustoff wrote:
How do we gauge the general health of the stock market?

I don't try. I stay-the-course as Mr. Bogle recommends. It saves a lot of time and worry and the possibility of making mistakes.

Best wishes.
Taylor
by Taylor Larimore
Thu Feb 04, 2016 11:41 am
Forum: Investing - Theory, News & General
Topic: SEC proposed regulations can affect index funds
Replies: 21
Views: 1156

"Mutual Funds Are Risky"

Bogleheads: Mutual Funds Are Risky is the lead story in today's Wall Street Journal's Opinion Page These are excerpts: (First sentence): "We invest in mutual funds like millions of others, and thank goodness markets still allow the risk without which there can be no reward." "Financia...
by Taylor Larimore
Thu Feb 04, 2016 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Wellesley and Wellington instead of VTINX?
Replies: 15
Views: 1437

Re: Wellesley and Wellington instead of VTINX?

Wild Willie: Your most important portfolio decision is your allocation between stocks and bonds. More than anything else it determines your risk and return.. Use this Vanguard tool to help you decide: https://personal.vanguard.com/us/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//personal.vanguard....
by Taylor Larimore
Thu Feb 04, 2016 10:49 am
Forum: Investing - Theory, News & General
Topic: "Maybe You Should Sell Some Stocks"
Replies: 6
Views: 1359

"Maybe You Should Sell Some Stocks"

Bogleheads: Christine Benz, Morningstar's Director of Personal Finance, has written an interesting article for investors with stock-heavy portfolios. These are excerpts: "There's a laundry list of good reasons why not selling stocks in periods of market stress has become conventional wisdom.&qu...
by Taylor Larimore
Thu Feb 04, 2016 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds not to buy according to this article
Replies: 19
Views: 2864

Picking winning and losing funds

Bogleheads: I did not have the time to read the full article, but I would be surprised if ANY index fund is on Kiplinger's list of "worst funds." I remember at the end of 1998 when U.S. Growth had the 2nd BEST ten-year return of ALL Vanguard Funds. Ten years later U.S. Growth had the WORST...
by Taylor Larimore
Thu Feb 04, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 9941

"ENOUGH"

betterfinances: We will all benefit by reading Mr. Bogle's wonderful book, ENOUGH . These are excerpts: "At a party give by a billionaire, Kurt Vonnegut informs his pal, Josepth Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wi...
by Taylor Larimore
Wed Feb 03, 2016 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard "advisors" over the phone
Replies: 5
Views: 561

Conflict of interest.

Any thoughts about using Vanguard advisors? We're at the 'premium' level. Don't know if that helps gets anyone with more experience or not. I tried using the Fidelity service and was very disappointed. He didn't listen and all he wanted to do was sell us one of their annunities. ts1520: A significa...
by Taylor Larimore
Wed Feb 03, 2016 10:38 pm
Forum: Personal Consumer Issues
Topic: Recent Vanguard Trouble
Replies: 44
Views: 5556

Re: Recent Vanguard Trouble ?

in_reality:

We have had all our funds with Vanguard since 1986 and have enjoyed good experience.

Perhaps it is because we have few funds and stay-the-course.

Keep investing simple.

Best wishes
Taylor
by Taylor Larimore
Wed Feb 03, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1366
Views: 690730

"Three-Fund Portfolio 2015 Update"

Bogleheads:

Barry Barnitz, a wiki administrator and co-editor of Financial Page, has up-dated The Three- Fund Portfolio information.

Three-Fund Portfolio 2015 Update

Thank you, Barry!

Edit in red

Best wishes.
Taylor
by Taylor Larimore
Tue Feb 02, 2016 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Better way to save for a home purchase?
Replies: 6
Views: 903

Re: Better way to save for a home purchase?

Galt:

Welcome to the Bogleheads Forum!

Based on the information you provided, I would continue to do what you have been doing.

"The enemy of a good plan is the search for a perfect plan." -- Jack Bogle

Congratulations and best wishes.

Taylor
by Taylor Larimore
Tue Feb 02, 2016 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6391

Doing whatever I want !

mule:

I retired at age 57. I would have retired earlier but I could not afford to.

It is wonderful to wake-up in the morning and do whatever I want (usually checking this forum to see if I can offer suggestions).

Best wishes.
Taylor
by Taylor Larimore
Tue Feb 02, 2016 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio allocation
Replies: 3
Views: 380

A Fidelity Three Fund Portfolio

Boston05: Welcome to the Bogleheads Forum! I agree with mhalley that a Three Fund Portfolio using these three Fidelity funds would be a winning low-cost, very diversified, tax-efficient portfolio you could hold forever: Fidelity Spartan Total Market Index Fund (FSTMX) Fidelity Spartan Global ex U.S....
by Taylor Larimore
Tue Feb 02, 2016 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 51
Views: 5207

Re: Friend is an Edward Jones financial advisor -- should I drop him?

Doss: I understand your desire to help your friend. However, your "friend" must take a large part of your returns for himself and Edward Jones if he is to remain with them. Vanguard takes no commission and has much lower expense ratios than the funds Edward Jones sells. Personally, I would...
by Taylor Larimore
Tue Feb 02, 2016 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Tax Managed Balanced-Any owners
Replies: 53
Views: 13512

Need additional information

Gypsylady:

It will be helpful, and you will get more replies, if you provide additional information using this format:

ASKING PORTFOLIO QUESTIONS

Thank you and best wishes.
Taylor
by Taylor Larimore
Tue Feb 02, 2016 9:35 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4042

Warren Buffet's advice

stemikger:

Thank you for posting the important excerpt from Warren Buffet's Letter to Shareholders. It should be read by every investor.

Best wishes
Taylor
by Taylor Larimore
Mon Feb 01, 2016 10:30 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1366
Views: 690730

Re: The Three-Fund Portfolio by Jane Bryant Quinn

Bogleheads: A recent article by Jane Bryant Quinn is titled: The Easy Way to Make Your Retirement Savings Last. This is the final paragraph: I urge you to opt for simplicity. The fewer funds you have, the easier your investments are to manage, especially as you advance in years. Your buckets provide...
by Taylor Larimore
Mon Feb 01, 2016 10:15 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7501

"The Easy Way to Make Your Retirement Savings Last"

Bogleheads: This recent article by Jane Bryant Quinn is titled: The Easy Way to Make Your Retirement Savings Last This is the final paragraph: I urge you to opt for simplicity. The fewer funds you have, the easier your investments are to manage, especially as you advance in years. Your buckets provi...
by Taylor Larimore
Mon Feb 01, 2016 9:50 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig's WSJ article about the best stock in the last 30 years
Replies: 9
Views: 1881

Re: Jason Zweig's WSJ article about the best stock in the last 30 years

I figured I ask the forum if I'm missing anything. mrwheelerdealer: You may be missing the fact that if you own the entire market, you will never fail to meet your goal(s) because of below average returns. It is often said that diversification is the only "free lunch" in investing. Best w...
by Taylor Larimore
Mon Feb 01, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Annualized return of passive vs. active investments - 10 years
Replies: 18
Views: 1753

The Three Fund Portfolio

OP et al: Hail The Mighty 3-Fund Portfolio!!!

Bogleheads:

For those who are unaware, this is a link to "The Mighty 3-Fund Portfolio".

Best wishes.
Taylor
by Taylor Larimore
Mon Feb 01, 2016 7:03 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4042

Re: Investing Gems by Charles Ellis

stemiker: Charles Ellis is one of my investing heroes. These are "Investment Gems" taken from his book, Winning The Loser's Game: "Any guy who dies with more than $10 grand has made a mistake." (Errol Flynn quote) " Best wishes Taylor Hmm, not much of a gem, IMHO. Perhaps E...
by Taylor Larimore
Mon Feb 01, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4042

Investing Gems by Charles Ellis

stemiker: Charles Ellis is one of my investing heroes. These are "Investment Gems" taken from his book, Winning The Loser's Game: "Successful investing does not depend on "beating the market." "Advice doesn't have to be complicated to be good." "Investors all ...

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