Search found 20872 matches

by Taylor Larimore
Mon Sep 26, 2016 6:17 pm
Forum: Investing - Theory, News & General
Topic: "In Defense of Bonds"
Replies: 29
Views: 3566

Fixed Income for Safety. Stocks for Higher Returns.

Sure. I lump CDs in with bonds as they generall serve the same function in a portfolio. The Finance Buff has long been advocating for CDs over bonds. Bogleheads: I agree with Jim Dahle of the White Coat Investor. I will add "Cash" to CDs and bonds for safety in a portfolio. Use stocks for...
by Taylor Larimore
Mon Sep 26, 2016 5:24 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 42953

Answer to question

Taylor, thank you for your response and posting those figures. I assume you would agree with my conclusions that the TIPS fund is not necessary for long term investors? Adam: There are always temptations to add more funds (often recommended by the self-serving financial industry) to the sophisticat...
by Taylor Larimore
Mon Sep 26, 2016 1:49 pm
Forum: Investing - Theory, News & General
Topic: "In Defense of Bonds"
Replies: 29
Views: 3566

Re: "In Defense of Bonds"

Also bonds were a terrible deal in the spring of 2008 compared to stocks, in retrospect. Warowitz: Stocks and bonds are not comparable. Bonds are for safety, stocks are for higher long-term returns. 2008 total returns: Total Stock Market: -37%; Total Bond Market: +5%. Best wishes. Taylor
by Taylor Larimore
Mon Sep 26, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Used BMW X1
Replies: 19
Views: 1351

Re: Used BMW X1

Hi All, Looking into purchasing a Used BMW X1. I have not noticed many downsides to this vehicle, aside from personal complaints others may have noticed (ie. road noise, small rear window). mightyquinn00: The 2016 Auto Issue of Consumer Reports rates the BMW XI for reliability in 2013; 2014 and 201...
by Taylor Larimore
Mon Sep 26, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: Christine's article today on RMD's...a question to bogleheads
Replies: 23
Views: 2210

Leaving for the Boglehead Conference !!

Taylor, I always appreciate your contributions to any thread (I met you at bogleheads reunion in 2004 and 2009).

Birdsong:

My family and I are leaving in the morning for the 2016 Boglehead Conference. Please introduce yourself to me if you are attending.

Best wishes.
Taylor
by Taylor Larimore
Mon Sep 26, 2016 12:42 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 42953

Total Bond Market during inflation

I fail to see the need to add tips to a basic 3 fund whether you are accumulating or in retirement. Would be curious in other's view points on this. InvestorAdam: The Three Fund Portfolio has only one bond fund, Vanguard Total Bond Market Index Fund. Below are U.S. inflation figures, and Vanguard T...
by Taylor Larimore
Mon Sep 26, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to become debt free?
Replies: 34
Views: 2594

Re: How to become debt free?

modulok wrote:How would you convince someone to change their financial habits to get out of debt as quickly as possible?


Show them this:

"Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make." -- Dave Ramsey


Best wishes.
Taylor
by Taylor Larimore
Mon Sep 26, 2016 11:19 am
Forum: Investing - Theory, News & General
Topic: Christine's article today on RMD's...a question to bogleheads
Replies: 23
Views: 2210

"How Annuities Are Taxed"

Taylor, Is it correct that payouts from SPIAs meet or exceed the RMD from these SPIAs? Or does one need to find out the Fair Market Value (FMV) of an SPIA annually and calculate the RMD? (Sorry for being off-topic). Munir: Taxes are complex and I do not know all the rules: This Kiplinger link shoul...
by Taylor Larimore
Mon Sep 26, 2016 10:02 am
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 4187

Re: Merriman knocks TSM

Merriman knocks TSM According to Morningstar, during the past 15 years, Vanguard Total Stock Market Index Fund (VTSAX) is in the TOP 9% of its category (Large Blend). TSM is in the TOP 6% for 15 year after-tax return. http://performance.morningstar.com/fund/performance-return.action?t=VTSAX&reg...
by Taylor Larimore
Mon Sep 26, 2016 9:42 am
Forum: Investing - Theory, News & General
Topic: Christine's article today on RMD's...a question to bogleheads
Replies: 23
Views: 2210

Longevity annuities

My question is, have any bogleheads done the longevity annuity at 70 1/2 for reasons similar to mine? Birdsong: When my wife and I were about 80, we purchased two Single Premium Immediate Annuities (SPIAS) for several reasons: * They pay about 10%/year income for life (using-up principal). * No mor...
by Taylor Larimore
Mon Sep 26, 2016 8:22 am
Forum: Investing - Theory, News & General
Topic: Selling in October
Replies: 43
Views: 2806

Re: Selling in October?

Everyone has heard of sell in May and go away. What would be wrong with sitting out October? Given enough time it would seem as though this strategy would pay off. Any thoughts? MEA: Since January 1950 through April 2015, the S&P 500 in October was up 39 times and down 26 times. It gained +10.3...
by Taylor Larimore
Sun Sep 25, 2016 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Have a unique situation - how to execute Three-Fund Portfolio properly?
Replies: 6
Views: 729

Re: Have a unique situation - how to execute Three-Fund Portfolio properly?

boggledhead91: Welcome to the Bogleheads Forum! I think you are a good candidate for Vanguard's Personal Advisory Service. They will give you conflict-free advice and help you make the international exchange from cash to The Three-Fund Portfolio which they often recommend. Their charge is 0.3% which...
by Taylor Larimore
Sun Sep 25, 2016 2:28 pm
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 4187

Re: Merriman knocks TSM

I have no understanding of the mindset that would pick 10 funds over 3. The Merriman Portfolio suggests that investing is complicated and that the investor will benefit by using an expensive advisor using DFA funds. Upton Sinclair — 'It is difficult to get a man to understand something, when his sa...
by Taylor Larimore
Sun Sep 25, 2016 1:58 pm
Forum: Investing - Theory, News & General
Topic: Selling in October
Replies: 43
Views: 2806

Market Timing

Everyone has heard of sell in May and go away. What would be wrong with sitting out October? Given enough time it would seem as though this strategy would pay off. Any thoughts? MEA: My thought is to forget market-timing. Stay the course. What Experts Say About Market Timing Best wishes. Taylor
by Taylor Larimore
Sun Sep 25, 2016 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard GNMA fund as a short-term asset?
Replies: 18
Views: 1339

Re: Vanguard GNMA fund as a short-term asset?

Since GNMA is federally-backed I agreed to my father's wishes and put the balance of his proceeds in Vanguard's GNMA fund, Admiral shares. fourwheelcycle: In my opinion, the Vanguard GNMA fund is suitable as a single safe bond fund. It is his money and he is not making a foolish mistake. No one kno...
by Taylor Larimore
Sun Sep 25, 2016 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Does anybody here have a good credit score with no credit cards?
Replies: 16
Views: 1458

Re: Does anybody here have a good credit score with no credit cards?

Taylor, Some auto insurance companies consider a person's credit score when they set their rates. A low credit score can make insurance cost more. So, even if you do not borrow, a decent credit score is a good thing to have. jimb_fromATL; I checked GEICO, where I have my auto insurance, and you are...
by Taylor Larimore
Sat Sep 24, 2016 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: bonds in taxable account?
Replies: 6
Views: 703

Re: bonds in taxable account?

Looking to put about 30% of our taxable account into bond funds.

Lernd:

It is not clear if you have stocks in your retirement accounts. If so, you should probably exchange these stocks for higher yielding taxable bonds before placing tax-exempt bonds in taxable accounts?

Best wishes
Taylor
by Taylor Larimore
Sat Sep 24, 2016 8:10 pm
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 4187

Merriman Ultimate Buy and Hold Portfolio

Paul:

Market Watch tracks eight "Lazy Portfolios." Mr. Merriman's portfolio contains the most funds (11).

The Merriman" Fund Advice Ultimate Buy and Hold portfolio currently has the worst 3, 5, and 10 year returns of ALL eight portfolios.

Best wishes.
Taylor
by Taylor Larimore
Sat Sep 24, 2016 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Does anybody here have a good credit score with no credit cards?
Replies: 16
Views: 1458

Credit Score

rec7:

I have one credit card and have no idea what my "credit score" is.

When I was young and needed credit it mattered. Now that I am in retirement with "enough" it doesn't matter. Such is life.

Thank you, Jack!

Best wishes.
Taylor
by Taylor Larimore
Sat Sep 24, 2016 7:40 pm
Forum: Investing - Theory, News & General
Topic: Harvard Endowment Losses Tied to Value Stocks
Replies: 57
Views: 4725

Re: Harvard Returns and Management Fees?

. Harvard Endowment Return = -2.0% Yale Endowment Return = +3.4% Over same time period (1 year to end June 2016) here is the performance of some Vanguard funds. Vanguard Total Stock (VTSMX) = +2.0% Vanguard Developed Market (VTMGX) = -8.6% Vanguard Emerging Market (VEIEX) = -12.3% Vanguard Total Bo...
by Taylor Larimore
Sat Sep 24, 2016 3:24 pm
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 113
Views: 8192

John Bogle -- The investor's best friend

I'm sure John Bogle is far more intelligent than I, but his opinion means little to me when it comes to deciding a course of action to take with my money. Glossolalia: Perhaps you do not know much about John Bogle. In my opinion, Mr. Bogle (whom I know well) has a greater combination of practical e...
by Taylor Larimore
Sat Sep 24, 2016 2:30 pm
Forum: Personal Consumer Issues
Topic: has anyone leased a luxury/sport car to get it out of their system?
Replies: 44
Views: 3279

Re: has anyone leased a luxury/sport car to get it out of their system?

lomarica01:

Many years ago I took a ride in a Corvette. It felt like I was sitting on a bumpy road with my feet stretched out in front of me. I have never since wanted to own or lease a low-slung sports car.

Best wishes.
Taylor
by Taylor Larimore
Fri Sep 23, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to push the easy button on investements: Portfolio review
Replies: 10
Views: 1231

Re: Ready to push the easy button on investements: Portfolio review

WhiteIris:

Welcome to the Bogleheads forum!

You have received excellent advice.

MWormwood is a new (but obviously knowledgeable) Boglehead. Paul is the author of an excellent free online book, Road Map For Investing Success

Best wishes.
Taylor
by Taylor Larimore
Fri Sep 23, 2016 3:38 pm
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 113
Views: 8192

Marc Faber's market timing calls?

The truth is...if you follow Faber's 10MMA strategy without fail over your lifetime, you will more than likely be fine (My guess would be similar returns to b&h, with slightly lower volatility).

Bogleheads:

Naysayer Marc Faber's best gloom-and-doom calls

Best wishes.
Taylor
by Taylor Larimore
Fri Sep 23, 2016 9:47 am
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 113
Views: 8192

Wrong forum

glossolalia wrote: I'm sure John Bogle is far more intelligent than I, but his opinion means little to me when it comes to deciding a course of action to take with my money.

This is the wrong forum for you.

Best wishes.
Taylor
by Taylor Larimore
Fri Sep 23, 2016 9:02 am
Forum: Investing - Theory, News & General
Topic: "In Defense of Bonds"
Replies: 29
Views: 3566

"In Defense of Bonds"

Bogleheads:

We often read, “Why not just invest 100% of my portfolio in stocks?” Author Jim Dahle, answers the question here (Bogleheads are mentioned):

In Defense of Bonds

Best wishes.
Taylor
by Taylor Larimore
Thu Sep 22, 2016 10:01 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley explains why the S&P500 wins
Replies: 13
Views: 2132

Re: Morgan Stanley explains why the S&P500 wins

Just an fyi, spent today doing some research that exposes this claim as total fraud, total nonsense. So should get posted in near future after going through internal editing/compliance etc. Thanks for posting this --providing more fodder for my "cannon" exposing the BS of most of Wall Str...
by Taylor Larimore
Thu Sep 22, 2016 9:47 pm
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 113
Views: 8192

"Buy and Hold" -- What experts say.

I want to believe in Buy and Hold -- I really do. It resonates with me on an emotional level and has all kinds of tax advantages. I get it. My trouble with B&H is that long term returns seem to be significantly dependent on when you decided to Buy. glossolalia: Welcome to the Bogleheads forum! ...
by Taylor Larimore
Thu Sep 22, 2016 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to Invest
Replies: 15
Views: 919

Re: Starting to Invest

Taylor thanks so much for your reply! I have read your "Bogleheads' guide to investing" and it was really an eye-opening book. I have already started on doing some of the best practices you recommend for insurance. Would a 60% US stock market 30% international market and 10% bond market, ...
by Taylor Larimore
Thu Sep 22, 2016 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to Invest
Replies: 15
Views: 919

Simple vs. Complex?

I am just trying to understand what is the benefit of the multi-index fund approach that is recommended by some of the books I have read so far . seizetheindex: Speaking as an author, there is a tendency to give more information about a subject than is necessary. After all, we have several hundred ...
by Taylor Larimore
Thu Sep 22, 2016 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: What Percentage To Put In International Stock?
Replies: 57
Views: 4378

Re: Why not market weight in international stocks?

It should be noted that since Mr. Bogle first recommended 0%-20% foreign stocks in 1993, U.S. stocks have significantly outperformed international stocks. He has been right for U.S. investors. Taylor, this is true, but it's also true that US small-cap value stocks have vastly outperformed total US ...
by Taylor Larimore
Thu Sep 22, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Supervisor - Involve Union?
Replies: 37
Views: 3395

Incompetent supervisors

kjvmartin:

After 5 years in the Miami IRS with an incompetent supervisor, I would not take it anymore. I filed a 33 page grievance with union support. The result was a better position with the SBA.

Best wishes.
Taylor
by Taylor Larimore
Thu Sep 22, 2016 11:12 am
Forum: Investing - Help with Personal Investments
Topic: How is the financial advisor taking my mother? Annuities?
Replies: 29
Views: 3382

"Annuities: Good, Bad or Ugly"

All annuities are garbage. Bogleheads: It is true that MOST annuities are not worth buying. However, there is one type of annuity that many retirees should consider: Single Premium Immediate Annuities (SPIAs). I own two purchased in my early 80s. I am very glad that I did. SPIAs provide the highest...
by Taylor Larimore
Thu Sep 22, 2016 10:36 am
Forum: Investing - Help with Personal Investments
Topic: What Percentage To Put In International Stock?
Replies: 57
Views: 4378

Why not market weight in international stocks?

Why not market weight? reriodan: Several reasons: * Higher costs * Approximately half the sales of our 500 largest companies are to foreigners * Americans buy and sell in U.S. dollars * The U.S is the world's largest economy * The greatest innovations have originated in the U.S. * No currency risk ...
by Taylor Larimore
Thu Sep 22, 2016 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirees living off Wellesley Income Fund: how do you manage the nuts and bolts?
Replies: 8
Views: 1652

Re: Retirees living off Wellesley Income Fund: how do you manage the nuts and bolts?

Nisiprius: I do not own Wellesley , but I think my withdrawal method in retirement will work for most portfolios: 1. All contributions, fund distributions (dividends and capital gains), and RMDs go into a money market fund. This provides a single record of all transactions. 2. When I need to repleni...
by Taylor Larimore
Thu Sep 22, 2016 8:31 am
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 205
Views: 19239

Re: The Bogleheads' "100 Things Worth Every Penny" List

Bogleheads:

Family, friends, and yes, this forum.

Best wishes.
Taylor
by Taylor Larimore
Thu Sep 22, 2016 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Young and confused
Replies: 6
Views: 1077

Re: Young and confused

nobey22:

Welcome to the Bogleheads Forum!

why3not wrote: Read "If You Can". Lots of links to it here in bogleheads if you can't find it.


This is the link to Bill Bernstein's wonderful, short, online book:

IF YOU CAN --How Millennials Can Get Rich Slowly

Best wishes.
Taylor
by Taylor Larimore
Wed Sep 21, 2016 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to Invest
Replies: 15
Views: 919

The Three-Fund Portfolio

seizetheindex:

Welcome to the Bogleheads Forum!

Three funds or twelve? Easy question. Choose the simple portfolio with its many advantages:

The Three-Fund Portfolio

Also, read the "Simplicity" link below.

Best wishes.
Taylor
by Taylor Larimore
Wed Sep 21, 2016 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones exodus from American Funds?
Replies: 52
Views: 3967

Re: Edward Jones exodus from American Funds?

Nate:

Thank you for the correction.

Best wishes.
Taylor
by Taylor Larimore
Wed Sep 21, 2016 7:07 pm
Forum: Investing - Theory, News & General
Topic: How exactly does Vanguard work
Replies: 9
Views: 1616

Thank you, Jack!

Thanks Taylor, I saw this page. I understand the general high level concept here. What Im wondering about is the mechanics. How can a non-public company sell shares of itself to publicly traded mutual funds that in theory should be buying exchange traded assets? blackbird123: I can't answer your qu...
by Taylor Larimore
Wed Sep 21, 2016 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is this asset allocation fine or am I missing something?
Replies: 17
Views: 1146

13 funds ???

seekinganswers There is no need for 13-funds which will add cost, complexity and a rebalancing nightmare. The Three-Fund portfolio , linked above, contains over 15,000 individual (non-overlapping) world-wide stocks and domestic bonds. Read the " Simplicity " link below. Best wishes. Taylor
by Taylor Larimore
Wed Sep 21, 2016 5:28 pm
Forum: Investing - Theory, News & General
Topic: How exactly does Vanguard work
Replies: 9
Views: 1616

Re: How exactly does Vanguard work

Ive been digging online to try to understand the Vanguard structure. How exactly is it that the funds own the company? How does Vanguard's profit reduce the fund operating expenses? Blackbird123: This article explains: https://about.vanguard.com/what-sets-vanguard-apart/why-ownership-matters/ Best ...
by Taylor Larimore
Wed Sep 21, 2016 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones exodus from American Funds?
Replies: 52
Views: 3967

"What is the difference between fee-only and fee-based?"

Through the new fiduciary ruling, EJ is making all Retirement accounts "fee based". Marquetry: Why are we not surprised. Read this: What is the difference between fee-only and fee-based? My suggestion is simply contact Vanguard's Personal Advisory Service and pay the .3% fee. They will ad...
by Taylor Larimore
Wed Sep 21, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is this asset allocation fine or am I missing something?
Replies: 17
Views: 1146

Need more information

seekinganswers: Welcome to the Bogleheads Forum! Many funds are tax-inefficient and not suitable for taxable accounts. Please indicate which funds will be in a taxable account and which will be in tax-advantaged accounts (IRAs 401ks etc.) Use the little crayon box at the top of your window to edit y...
by Taylor Larimore
Wed Sep 21, 2016 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones exodus from American Funds?
Replies: 52
Views: 3967

Bridge Builder vs. Vanguard -- Large-cap growth funds

So am I interpreting this Edward Jones program correctly? Probably more than 3% in expense--could that be right?! 1.35-1.50% Advisory Solutions Program fee PLUS .09% Administrative fee PLUS .60-.70% Sub advisor Management fee PLUS ER Bridge Builder funds goingup: I compared Bridge Builder Large Cap...
by Taylor Larimore
Wed Sep 21, 2016 10:44 am
Forum: Investing - Theory, News & General
Topic: Tax Planning Using Options or Futures or Shorting
Replies: 4
Views: 300

ETF forecasting

Park wrote: But you're concerned about the ETF declining in price prior to next year.

Park:

Market-timing is a losing strategy. The Boglehead Way is to design a personal asset-allocation plan--then stay-the-course.

What Experts Say About Market Timing

Best wishes.
Taylor
by Taylor Larimore
Wed Sep 21, 2016 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Why is QSPIX steadily declining?
Replies: 26
Views: 3065

Re: Why is QSPIX steadily declining?

scone wrote: Could you "diversify" Lifestrategy with some other investment that would give you better results than "pure" Lifestrategy?

scone:

Looking back, there will always be better funds than any portfolio. It's a meaningless exercise.

Best wishes.
Taylor
by Taylor Larimore
Wed Sep 21, 2016 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Post-Professional School - Doing it right from the Start.
Replies: 8
Views: 1058

Re: Doing it right from the Start.

homanga wrote:
Taylor Larimore wrote:
I wonder where you received such good advice about investing?

Best wishes.
Taylor


Decently long time lurker plus White Coat Investor had a huge impact. Thanks for the feedback.


homanga:

Two of the best personal finance websites on the internet.

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Sep 21, 2016 8:30 am
Forum: Investing - Theory, News & General
Topic: The Incredible Shrinking of Alpha continues--the latest SPIVA scorecard
Replies: 12
Views: 1546

"Incredible Shrinking Alpha’ Continues"

[Merged Taylor's post into the existing thread on the topic - moderator prudent] Bogleheads: In this article on ETF.com, author and advisor, Larry Swedroe, discusses the latest SPIVA Report and how increasingly difficult it is for fund managers to outperform index funds: Incredible Shrinking Alpha’...

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