Search found 20483 matches

by Taylor Larimore
Sat Jul 30, 2016 7:39 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1536
Views: 788085

Same 3 Funds in Retirement ?

does one hold the VERY SAME three broad funds during de-accumulation (retirement) as they did during accumulation? if so, why? if not, why not? thank you JLMA: Yes, hold the same three funds for the many reasons in my opening post. You will probably want to increase your Total Bond Fund allocation ...
by Taylor Larimore
Sat Jul 30, 2016 6:36 pm
Forum: Personal Consumer Issues
Topic: Where to move
Replies: 11
Views: 725

Re: Where to move

After 20 years outside the US, we retired in Portland,OR 15 months ago. While we like Portland, we find that we realky are not interested in the city lifestyle that brought us here. Also, I am finding the traffic to be quite aggravating We are now thinking about moving, but are clueless as to where...
by Taylor Larimore
Sat Jul 30, 2016 1:14 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 52
Views: 1818

Re: Preparing financially for our funerals - prepay or not?

Mariam2:

I have made arrangements to donate my remains to the University of Miami for medical research.

This should also make it easier and more lucrative my for heirs (no casket, no funeral, no cost).

Best wishes.
Taylor
by Taylor Larimore
Sat Jul 30, 2016 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: I have $3,000 to gamble
Replies: 29
Views: 2059

Re: I have $3,000 to gamble

TheQuestionGuy:

If you want to gamble in stocks, listen to this:

https://secure2.thestreet.com/cap/prm.d ... 1469900530

Best wishes.
Taylor
by Taylor Larimore
Sat Jul 30, 2016 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?
Replies: 28
Views: 1569

An advisor may not be necessary

I have always maintained a basic Bogle-like 3 fund portfolio, simple and moderately conservative. slipp1229 One of the many advantages of The Three-Fund Portfolio is that it is so simple that we seldom need to hire an advisor (which has its own risk). Before hiring an advisor, show us your portfoli...
by Taylor Larimore
Sat Jul 30, 2016 11:19 am
Forum: Investing - Help with Personal Investments
Topic: P.R. Investor -What are the best investments for taxable accounts where qualified dividends are taxed as ordinary income
Replies: 4
Views: 320

Re: P.R. Investor -What are the best investments for taxable accounts where qualified dividends are taxed as ordinary in

Getting Serious: If you can afford the $10,000 minimum, Vanguard Tax-Managed Capital Appreciation Fund (VTCLX) could be an excellent choice for your taxable account. This fund offers investors exposure to the mid- and large-capitalization segments of the U.S. stock market. Its unique index-oriented ...
by Taylor Larimore
Fri Jul 29, 2016 9:14 pm
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 139
Views: 7101

Mr. Bogle's reasons for reducing equity percentage

Bogleheads: John Bogle, our mentor, sold most of his stocks in the very late 1990's and bought bonds with the proceeds. Two big reasons for him doing so: iffy health and valuations. Bogle noticed that stocks were in a mania and were way overvalued compared to historical norms. He also noticed bonds ...
by Taylor Larimore
Fri Jul 29, 2016 8:54 pm
Forum: Personal Consumer Issues
Topic: 15 year 2.75% refinance mortgage
Replies: 17
Views: 1118

No Closing Cost mortgages ?

Hello, I am considering refinancing from 30 year to a 15 year. Currently my 30 year is 3.75% I spoke with a few lenders today that can offer 2.75% with no closing costs. One lender even offered to provide $225 closing credit. I can cut my mortgage in 1/2 and shave off 1%. I am thinking this is a go...
by Taylor Larimore
Fri Jul 29, 2016 4:09 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans? (Update, Pg 2)
Replies: 101
Views: 9121

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans? (Update, Pg 2)

Onion:

It is nice to have you back -- and with a positive report!

We're pulling for you.

Best wishes
Taylor
by Taylor Larimore
Thu Jul 28, 2016 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: 5 reasons the rich are better investors than average Joe
Replies: 14
Views: 2751

Are the rich really better investors?

I just came across this while crusin' around financial stuff. I thought it worthwhile to share....hope you enjoy reading it. http://www.investopedia.com/articles/investing/011216/5-reasons-rich-are-better-investors-average-joe.asp I hope the link works. Have a great weekend BH'ers! Don Don: I have ...
by Taylor Larimore
Thu Jul 28, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help appreciated: 90/10 AA too aggressive for us. Best way to change?
Replies: 34
Views: 1743

Re: Help appreciated: 90/10 AA too aggressive for us. Best way to change?

Cheeko: Why not send your 6 questions to your Vanguard adviser? I assume he/she has more information about you than we do? The advisor is also likely better trained and has no conflict-of-interest for you to worry about. If you feel their stock/bond recommendation is too aggressive, I can't imagine...
by Taylor Larimore
Thu Jul 28, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help appreciated: 90/10 AA too aggressive for us. Best way to change?
Replies: 34
Views: 1743

Re: Help appreciated: 90/10 AA too aggressive for us. Best way to change?

Cheeko: Why not send your 6 questions to your Vanguard adviser? I assume he/she has more information about you than we do? The advisor is also likely better trained and has no conflict-of-interest for you to worry about. If you feel their stock/bond recommendation is too aggressive, I can't imagine ...
by Taylor Larimore
Thu Jul 28, 2016 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Market Entry Strategy Thoughts for a New Boglehead?
Replies: 30
Views: 1418

Target funds

I think I posted all of the full names of the 401K options, so I'll have to edit my OP to remove the ticker symbols and just mention that the full listing is below. djy: Please do not remove the ticker symbols. They are as important as the names. I'm not clear about your consolidated portfolio. If ...
by Taylor Larimore
Thu Jul 28, 2016 11:54 am
Forum: Personal Consumer Issues
Topic: Driving - Yielding/Right of Way at Uncontrolled 4 Way Intersection
Replies: 34
Views: 1248

Re: Driving - Yielding/Right of Way at Uncontrolled 4 Way Intersection

Yielding/Right of Way at Uncontrolled 4 Way Intersection?

smackboy1:

It is impossible to answer your question definitively because in the United States each state has it's own traffic code. Bogleheads can read more here: https://en.wikipedia.org/wiki/Traffic_code

Best wishes.
Taylor
by Taylor Larimore
Thu Jul 28, 2016 11:29 am
Forum: Investing - Theory, News & General
Topic: "These 5 'Old-Fangled' Investment Options May Do Just As Well as Newer Alternatives"
Replies: 3
Views: 724

"These 5 'Old-Fangled' Investment Options May Do Just As Well as Newer Alternatives"

Bogleheads: Morningstar has published a new article by its Director of Personal Finance, Christine Benz. These are quotes: Don't dismiss traditional index funds, static-allocation funds, or traditional IRAs, among others, without careful consideration. Vanguard's ETFs, meanwhile, are designed as sha...
by Taylor Larimore
Wed Jul 27, 2016 9:30 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads approach explained in one paragraph
Replies: 13
Views: 1354

Mr. Bogle's "Twelve Pillars of Wisdom"

I would go with this one Five to seven minutes? I would go with this one, and be ready, your classmates may ask for more! The Twelve Pillars of Wisdom. Thanks for reading. cfs: Thank you for your link to Mr. Bogle's Twelve Pillars of Wisdom. I first read Mr. Bogle's " Pillars " in his fir...
by Taylor Larimore
Wed Jul 27, 2016 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: All eggs in one online basket - worried?
Replies: 18
Views: 2240

Re: All eggs in one online basket - worried?

nab: I made this post last year which should help answer your question: "Bogleheads: In 1986, when we were deciding whether or not to move all our securities to Vanguard, my major concern was whether or not it was safe to have all our securities with one mutual fund company. I investigated the ...
by Taylor Larimore
Wed Jul 27, 2016 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Question
Replies: 37
Views: 2388

Many replies are better than one

Taylor, I am using a Target Date fund 2045 ( 90% Stocks and 10% Bonds) for the entirety of the Roth IRA. Do you recommend I use a % of the Roth IRA for the Total Bond Market Fund? If yes, what % of the Roth IRA is a good number for the Total Bond Market Fund? Thank you!! Jet Jet: It is a disservice...
by Taylor Larimore
Wed Jul 27, 2016 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Question
Replies: 37
Views: 2388

Re: Beginner Question

jetski76 wrote:Taylor,

Thanks for your answers! For the three-fund portfolio, I am using a tax-exempt intermediate bond fund rather than the Total Bond Market Fund. That makes sense in a taxable account if you have no tax-advantaged accounts. -- Taylor

Regards,
Jet
by Taylor Larimore
Wed Jul 27, 2016 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Question
Replies: 37
Views: 2388

Re: Beginner Question

Taylor, Thanks a lot for your answers! I have decided against the Metlife variable annuity. I have little doubt you have made a good decision. I plan on starting my taxable account with $50K in three funds with Vanguard as described by you in an earlier message. "I assume you are talking about ...
by Taylor Larimore
Wed Jul 27, 2016 2:15 pm
Forum: Investing - Theory, News & General
Topic: How can markets keep going up ?
Replies: 85
Views: 5162

Re: How can markets keep going up ?

coachz:

When I started investing in 1950 the S&P 500 was under 20. Today it is over 2,000 not counting dividends.

The Dow might not continue going up, but in my opinion, it is the way to bet.

Best wishes.
Taylor
by Taylor Larimore
Wed Jul 27, 2016 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Question
Replies: 37
Views: 2388

Re: Beginner Question

[quote="jetski76"]Hello JW, 1) Just talked to the 403 b) agent for Metlife for my employer: The 1.5 % expenses are what will be subtracted from the return just like any other mutual fund. This is NOT "like any other mutual fund" which have no administrative expense. Further, the ...
by Taylor Larimore
Wed Jul 27, 2016 1:29 pm
Forum: Investing - Theory, News & General
Topic: Remind me once again why I can't time the market?
Replies: 75
Views: 6793

A Top Pick for bond funds.

a good-quality taxable bond fund Taylor which is your top pick among the taxable AND quality bond funds? thank you very much! JLMA: Fixed-income securities are primarily for safety--not return (use more stocks for higher return). Almost any good quality, low-cost, short- or intermediate-term bond f...
by Taylor Larimore
Wed Jul 27, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: How can markets keep going up ?
Replies: 85
Views: 5162

Re: How can markets keep going up ?

How can the markets not stagnate permanently if they become overvalued. Like the Dow is at 18,530 now. Well on Sept 1, 2007 it was at 13,895. So what if they said then that it was overvalued. How could the Dow ever continue up? coachz: We sometimes forget that our stocks are simply our small owners...
by Taylor Larimore
Wed Jul 27, 2016 10:22 am
Forum: Investing - Theory, News & General
Topic: Remind me once again why I can't time the market?
Replies: 75
Views: 6793

Re: Running out of bond space in tax-advantage account

If you are in a 25% or higher tax-bracket and run out tax-advantage space, consider Vanguard's Intermediate-Term Tax-Exempt bond fund or a state tax-exempt bond fund in your taxable account Taylor, in a case like the one you describe (" in a 25% or higher tax-bracket and run out tax-advantage ...
by Taylor Larimore
Wed Jul 27, 2016 9:13 am
Forum: Investing - Theory, News & General
Topic: Remind me once again why I can't time the market?
Replies: 75
Views: 6793

Running out of bond space in tax-advantage account

I would not held bond in taxable account if possible. Unless I run out of space in my tax advantage account. Unfortunately, it looks like I may run into this problem this year. KlangFool: If you are in a 25% or higher tax-bracket and run out tax-advantage space, consider Vanguard's Intermediate-Ter...
by Taylor Larimore
Tue Jul 26, 2016 9:26 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 6755

Ocam's Rasor

NMJack:

I know you were not being critical -- nor was I being sarcastic.

I tend to follow the Occam's Razor philosophy: "Suppose there exist two explanations for an occurrence. The simpler one is usually better."

Best wishes.
Taylor
by Taylor Larimore
Tue Jul 26, 2016 9:14 pm
Forum: Personal Consumer Issues
Topic: Toyota Venza info wanted for 2011 and 2012
Replies: 9
Views: 664

Re: Toyota Venza info wanted for 2011 and 2012

Any Toyota Venza owners willing to share their history on these cars? Year, mileage, issues, good, bad, or indifferent? I'm looking to replace a very tired Taurus wagon for work. Looking at the 6 cylinder front drive cars. Thanks. 260chris: I think it can be dangerous to rely on anecdotal evidence....
by Taylor Larimore
Tue Jul 26, 2016 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Pushing Annuities for Tax Deferred Accts - Comments
Replies: 15
Views: 1038

When to purchase Single Premium Immediate Annuities (SPIAs)?

Again, mostly what is recommended here are the plain vanilla Single Premium Immediate Annuities. If Taylor wants to comment further, he can give good advice on when these should be purchased. From what I have read, the recommendation seems to be to wait until your mid seventies. Taylor? Nedsaid: Th...
by Taylor Larimore
Tue Jul 26, 2016 8:34 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 6755

Re: Stock/Bond allocation in retirement ?

Bogleheads: In my opinion, our portfolio's stock/bond allocation in retirement is not difficult: 1. Figure out what you cannot afford to lose. Put that in a good quality bond fund. Best wishes. Taylor (retired for 35 years) Taylor, I appreciate the thought. The biggest problem is people beginning r...
by Taylor Larimore
Tue Jul 26, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 6755

Stock/Bond allocation in retirement ?

Bogleheads:

In my opinion, our portfolio's stock/bond allocation in retirement is not difficult:

1. Figure out what you cannot afford to lose. Put that in a good quality bond fund.

2. Put the rest in stocks.

Best wishes.
Taylor (retired for 35 years)
by Taylor Larimore
Tue Jul 26, 2016 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Pushing Annuities for Tax Deferred Accts - Comments
Replies: 15
Views: 1038

Re: Fidelity Pushing Annuities for Tax Deferred Accts - Comments

Got this in the mail today. Annuities using my tax deferred accts. Seems odd. minskbelarus47: It IS " odd ." Tax-advantaged annuities in an IRA are like wearing an expensive raincoat inside your house. You can read the facts about variable annuities by Mel Lindauer in Forbes : Variable An...
by Taylor Larimore
Tue Jul 26, 2016 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead temptations: not following AA plan
Replies: 11
Views: 1245

Re: Boglehead temptations: not following AA plan

I find one of the biggest temptations in Boglehead investing is putting new money into asset classes that I perceive are "low" priced in comparison to other asset classes that are "high" and appropriate per my AA plan and glide path. Tigermoose: Investing is not complicated if y...
by Taylor Larimore
Tue Jul 26, 2016 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Private Wealth Management - Vanguard or ML
Replies: 29
Views: 2732

Merrill Lynch advisor compensation

The ML advisor is also salary-based and not incentivised to sell anything but the investments suggested would most likely have hidden costs and fees, I guess. sagar24: Sorry, you guessed wrong about being "salary-based." Read this article containing this quote: Under the revised grid, low...
by Taylor Larimore
Tue Jul 26, 2016 9:43 am
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 6755

J295

J295:

Thank you for your kind words.

Best wishes
Taylor
by Taylor Larimore
Tue Jul 26, 2016 9:18 am
Forum: Personal Consumer Issues
Topic: Sailing -- cost?
Replies: 36
Views: 6426

Re: Sailing -- cost?

Furnace: A sailboat is low cost and has sleeping and cooking space. The ICW is not very windy in many parts, so sails won't do much except block your view, right? You are right about the wind. However, a sailboat is not low cost and it has less sleeping and cooking space than a similar length motorb...
by Taylor Larimore
Mon Jul 25, 2016 9:13 pm
Forum: Investing - Theory, News & General
Topic: How much of a role does asset allocation play?
Replies: 7
Views: 688

Asset-Allocation. What experts say

analogsavior: When I am unsure I listen to experts. This is what they say about Asset Allocation : "The stock market will fluctuate, but you can't pinpoint when it will tumble or shoot up. If you have allocated your assets properly and have sufficient emergency money, you shouldn't need to worr...
by Taylor Larimore
Mon Jul 25, 2016 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: firecalc - use negative spending for forecast growth?
Replies: 4
Views: 272

"Historical and Expected Returns"

newbogleheader1 wrote: I'm interested in what range of portfolio values to expect for different asset allocations after 5 or 10 years.

newbogleheader1:

Our wiki has this information:

Historical and Expected Returns

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 25, 2016 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Universal life as p/o fixed income allocation
Replies: 4
Views: 384

Re: Universal life as p/o fixed income allocation

I help a relative of mine with her finances. She took out a small universal life 'plus' policy from Ameriprise in the early 90s with a $100K death benefit. Cash value is now in the high 4-figures. I haven't paid much attention to this policy, but in reviewing this weekend I saw the fixed account in...
by Taylor Larimore
Mon Jul 25, 2016 3:05 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2253

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

Simplegift:

Excellent charts to help us understand the frequency and magnitude of bull and bear markets when investing in the stock market.

Thank you and best wishes.

Taylor
by Taylor Larimore
Mon Jul 25, 2016 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Market Entry Strategy Thoughts for a New Boglehead?
Replies: 30
Views: 1418

Asking Portfolio Questions

djy2g33:

Welcome to the Bogleheads Forum!

In order to give you the informed advice, It will be helpful if you will follow the format in this wiki post:

ASKING PORTFOLIO QUESTIONS

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Jul 25, 2016 1:29 pm
Forum: Personal Consumer Issues
Topic: Vacationing in the Caribbean
Replies: 22
Views: 2174

Re: Vacationing in the Caribbean

Never been to Caribbean. For those who have what were your favorite destinations? We are 2 seniors who love quiet beaches.. pablolo: It is the Bahamas, but my son and his wife just returned from 3-days at Staniel Cay in the Exumas. It is where the underwater pictures for the film " Thunderball...
by Taylor Larimore
Mon Jul 25, 2016 12:52 pm
Forum: Investing - Theory, News & General
Topic: John Bogle's home
Replies: 36
Views: 6411

Re: John Bogle's home

I was always fascinated how Warren Buffett never left the house he purchased in 1958 for $31,500. I was wondering if John Bogle was in the same camp and if Taylor or Mel ever visited him there. I once heard Jack say in an interview that he and his wife were not going to take social security so he w...
by Taylor Larimore
Mon Jul 25, 2016 12:27 pm
Forum: Investing - Theory, News & General
Topic: SP 500: active or passive?
Replies: 11
Views: 732

Re: SP 500: active or passive?

Everyone speaks of the Sp500 as if its passive, particularly when comparing active vs passive management funds ("that fund did/did not beat the sp500"). Realistically though, the constituents of the SP500 are actively/fundamentally chosen and then market cap weighted. Couldn't you say tha...
by Taylor Larimore
Mon Jul 25, 2016 12:04 pm
Forum: Investing - Theory, News & General
Topic: "6 Ways to Simplify Your Retirement Portfolio Plan"
Replies: 12
Views: 2173

"6 Ways to Simplify Your Retirement Portfolio Plan"

Bogleheads: Christine Benz, Director of Personal Finance for Morningstar and a member of our Panel of Experts at Boglehead Conferences, has written an important article echoing one of my favorite themes (learned from hard experience): "Simplify." 6 ways to streamline our portfolios: Strate...
by Taylor Larimore
Sun Jul 24, 2016 9:36 pm
Forum: Investing - Theory, News & General
Topic: Help me understand the recommendation for international stocks
Replies: 22
Views: 1946

Re: Help me understand the recommendation for international stocks

One thing in that study caught my eye -- Figure 4 states, "Since the ten years ended 10/31/2008, ANY ALLOCATION to non-US stocks has increased volatility." (Emphasis added.) That study is from 2013, but given the returns over the past few years, that statement has likely held true until t...
by Taylor Larimore
Sun Jul 24, 2016 8:42 pm
Forum: Investing - Theory, News & General
Topic: Help me understand the recommendation for international stocks
Replies: 22
Views: 1946

Re: Help me understand the recommendation for international stocks

Help me understand the recommendation for international stocks

Niam:

This Vanguard study should help you understand:

Global equities: Balancing home bias and diversification

Best wishes.

Taylor
by Taylor Larimore
Sun Jul 24, 2016 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing
Replies: 9
Views: 593

Re: New to investing

Emergency funds: Six months of expenses. Debt: None Tax Filing Status: Single head of household Tax Rate: 28% Federal, 6.65% State State of Residence: NYC Age:25 Desired Asset allocation: 90% stocks / 10% bonds Desired International allocation: 30% of stocks Hello everybody, this would be my first ...
by Taylor Larimore
Sun Jul 24, 2016 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: convert mutual fund to index fund
Replies: 29
Views: 1984

Re: convert mutual fund to index fund

I never heard back from him but after looking at the account activity I did notice that there was an investment advising fee that is being deducted every month that turned out to be right at 1.4% with the addition of the mutual fund fees I would be at right around 2.25% in fees. I also have the sam...
by Taylor Larimore
Sun Jul 24, 2016 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement, House, Kids - How to afford all three?
Replies: 61
Views: 4767

"The Cost of Raising A Child"

My wife and I have been looking into the possibility of having a kid. Almost certainly we'll just have one, but it still seems to be budget breaking. LiterallyIronic: This is a U.S. Department of Agriculture study about The Cost of Raising a Child : A middle-income family with a child born in 2013 ...

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