Search found 21248 matches

by Taylor Larimore
Sat Dec 03, 2016 7:35 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 91
Views: 2910

Re: What percentage of international do you hold?

KarenC:

Thank you for providing the 2015 quote from Vanguard which concluded:

We believe non-U.S. equity allocations between 20% and full market-cap can be appropriate.

Best wishes.
Taylor
by Taylor Larimore
Fri Dec 02, 2016 9:54 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 20
Views: 846

Re: How many books should i read for long term investing.

So why is it so difficult for people to implement this (simplicity)? Peter1a: I can think of two primary reasons: 1. "There seems to be some perverse human characteristic that likes to make easy things difficult." -- Warren Buffett 2. The investment industry spends billions of dollars eac...
by Taylor Larimore
Fri Dec 02, 2016 9:34 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 60
Views: 5036

YMMV ?

"YMMV"

itstoomuch:

I had to look it up, but for old-timers, this is what it means:

"Your Mileage May Vary, meaning your results will be varied."

Best wishes.
Taylor
by Taylor Larimore
Fri Dec 02, 2016 9:24 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 20
Views: 846

Re: How many books should i read for long term investing.

Hi, As a long term investor who just wants to get market returns,should I read any more books then The bogleheads guide to retirements and investing? They can be dangerous for new investors. I have the time, to read more , but should I really bother? I think that I might get influenced or steered i...
by Taylor Larimore
Fri Dec 02, 2016 5:27 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 98
Views: 10502

Re: How much international stock? A suggestion.

All due respect and reverence for Jack Bogle's advice does not change the fact that on this one topic, he represents a relatively isolated perspective. Iceport: He may "represent a relatively isolated perspective " but since 1993 when he first advocated "20% or less in international ...
by Taylor Larimore
Fri Dec 02, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Standard versus Basic
Replies: 4
Views: 303

Re: Federal Blue Cross Standard versus Basic

Nearly A Moose: I am certainly no expert on this although I have had Federal Blue X for many years. We have never been denied Federal Blue X benefits at any doctor or hospital we have visited so this may be an unnecessary concern. Whether to use Basic or Standard, I don't know enough to say. Best wi...
by Taylor Larimore
Fri Dec 02, 2016 4:43 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

Re: Paul Merriman challenges John Bogle

saltycaper:

Thank you, Salty.

Best wishes.
Taylor
by Taylor Larimore
Fri Dec 02, 2016 4:41 pm
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 91
Views: 2910

Re: What percentage of international do you hold?

Vanguard now recommends between 30% and 50% international stocks. They would consider 20% too low. From Vanguard's Portfolio Watch tool " consider To further diversify your stock portfolio, consider allocating 30% to 50% to foreign stocks." Springman: Can you provide a link to Vanguard's ...
by Taylor Larimore
Fri Dec 02, 2016 4:27 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

Simplicity vs. Complexity ?

Bogleheads: This topic has already engendered 140 posts as we stray from the simple Boglehead philosophy into complex theories about how to outperform the market. It is time to review what Jack Bogle and other experts tell us: Scott Adams, author of Dilbert: "I once tried to write a book about ...
by Taylor Larimore
Fri Dec 02, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 95
Views: 7913

Reducing worry with SPIAs

Bogleheads:

One thing that eased my worries was purchasing two Single-Premium Life-time Annuities (SPIAS) in our early 80s. The result: No more worry about bear markets or running out of money.

Best wishes
Taylor
by Taylor Larimore
Fri Dec 02, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a tax-efficient 70/30 asset allocation approach?
Replies: 36
Views: 2107

Withdrawing in retirement?

I think of the Taxable account as the first money we will likely spend in "financial independence time". So I didn't want to be 100% stocks in Taxable. Bloom2708: It is usually much better to spend taxable money in retirement. Unlike tax-deferred money which is fully taxable at your highe...
by Taylor Larimore
Fri Dec 02, 2016 3:04 pm
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 91
Views: 2910

Re: What percentage of international do you hold?

The Thinker:

This is one of the most asked questions on the Boglehead forum. I gave my opinion in this link:

How Much International Stock -- A Suggestion

Best wishes.
Taylor
by Taylor Larimore
Fri Dec 02, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 95
Views: 7913

Re: Feeling like you've "made it"

I tend to agree with the sentiment that I won't "feel like I made it" until I actually retire. Bogleheads: This is a misconception. Once we retire, we will no longer have work income which is unsettling. We don't really know if we have saved enough--because we can't foresee the future (he...
by Taylor Larimore
Thu Dec 01, 2016 11:23 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

Re: Paul Merriman challenges John Bogle

neomutiny06:

Paul Merriman's "Ultimate Portfolio" ranks last among eight "Paul Farrell's Lazy Portfolios" for 10 year returns:

http://www.marketwatch.com/lazyportfolio

I doubt if Mr. Bogle is worried about Mr. Merriman's "Challenge."

Best wishes.
Taylor
by Taylor Larimore
Thu Dec 01, 2016 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Need help moving towards three fund portfolio
Replies: 3
Views: 247

More information needed

Boglegirl81:

It is impossible to give you informed suggestions without more information. It will be helpful if you will provide the information in this link:

ASKING PORTFOLIO QUESTIONS

Thank you and best wishes.
Taylor
by Taylor Larimore
Thu Dec 01, 2016 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Any Lazy portfolio can make profit even in 2008 crash?
Replies: 32
Views: 2085

Past Performance?

taomu: Welcome to the Bogleheads forum! If there were industry sectors profitable during 08-09, then we should be able to make a diversified portfolio. Sorry, it won't work. These experts explain: American Association of Individual Investors: "Top Performance lists are dangerous." Frank Ar...
by Taylor Larimore
Thu Dec 01, 2016 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just bought a lot of bonds today per my IPS--and felt very uneasy doing it
Replies: 23
Views: 2720

Re: Just bought a lot of bonds today per my IPS--and felt very uneasy doing it

I purchased just under $300k of VFIUX (intermediate term treasuries) today. It was very hard to click "submit". My plan was to DCA into a 50-50 portfolio this year, and I had 12/1 written down as a date to make some major fixed income purchases. I just know I am going to lose 10-15% of th...
by Taylor Larimore
Thu Dec 01, 2016 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 95
Views: 7913

"Enough"

Warner25: It occurs to me that you (and nearly all Bogleheads) will benefit from reading Mr. Bogle's wonderful little book, " Enough . " These are excerpts I call "Gems." "At a party give by a billionaire, Kurt Vonnegut informs his pal, Josepth Heller, that their host, a hed...
by Taylor Larimore
Thu Dec 01, 2016 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 95
Views: 7913

Re: Feeling like you've "made it"

I'm worried about my financial future at a point when I thought such anxieties would go away. I'm 30, my wife is 28, and I know we're in very good shape by any objective measure: educated, good health, $500k net worth, 50% savings rate, and I recently hit a target in my career that should set me up...
by Taylor Larimore
Wed Nov 30, 2016 11:51 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

Re: Paul Merriman challenges John Bogle

I quoted this study in my book way back in 1999.

Trader/Investor:

The study was published in 2000

What is the title of your book? Is it available at Amazon?

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Nov 30, 2016 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Porfolio Monkey
Replies: 18
Views: 2121

Back-testing

Sperry 8: PortfolioVisualizer.com and its calculators offer a very neat website based on "back-testing." Bogleheads should understand that "back-testing" is very persuasive but can be dangerous. The SEC states: Backward looking performance may be based on actual historical perfor...
by Taylor Larimore
Wed Nov 30, 2016 10:07 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

"Trading is Hazardous to Your Wealth"

Listen to the market! But then I am a trader and not an investor. Trader/Investor: You may find it helpful to read this study: "Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors" by Brad M. Barber and Terrance Odean ABSTRACT: Individual i...
by Taylor Larimore
Wed Nov 30, 2016 9:27 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

A better way to invest?

I agree and shouldn't have been so shrill. It's just I have a thing about so-called experts. It was when I dropped out of the cult of the expert that my account began compounding at at consistent rate. Trader/Investor: If you don't listen to experts, please tell us your way to invest. Thank you and...
by Taylor Larimore
Wed Nov 30, 2016 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: bond fund change?
Replies: 3
Views: 376

Re: bond fund change?

Currently I have Vanguard Total Bond Fund Index I (VBTIX), listed as an intermediate bond fund. Approximately 50% of my 401K in in this fund. With the news that interest rates will likely rise, adversely affecting bonds I thought considering my expected retirement date of 8 years it might be pruden...
by Taylor Larimore
Wed Nov 30, 2016 6:25 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- November
Replies: 2
Views: 459

BOGLEHEAD CONTEST -- November

Bogleheads: The S&P 500 Index started 2016 at 2043.94 . It fell to a low on February 11th at 1829.08 . Today the S&P 500 Index closed at 2,198.81 Stay-the-course was a winning formula. Boglehead Leaders: 1 aorin 2198.70* 2 TIAX 2199.00 2 matjen 2199.00 4 best2u 2199.47 5 randomizer 2198.12 6...
by Taylor Larimore
Wed Nov 30, 2016 6:01 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

SEC and "Past Performance" requirement

Staythecourse: I did as you suggest. This is from the SEC website: Mutual Funds, Past Performance This year's top-performing mutual funds aren't necessarily going to be next year's best performers. It’s not uncommon for a fund to have better-than-average performance one year and mediocre or below-av...
by Taylor Larimore
Wed Nov 30, 2016 5:15 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

Re: Paul Merriman, 13 years ago

Bogleheads: This is a post I made 13 years ago on the Morningstar Diehard Forum: "Merriman portfolios Sat, Sep 6 2003, 11:27 AM | Post #1505682 Hi Otto: Mark Hulbert, editor of "The Hulbert Financial Digest " tracks the performance of investment newsletter portfolios. Here are the act...
by Taylor Larimore
Wed Nov 30, 2016 3:30 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

"Past Performance"

Now if I could sit down with John Bogle and Burton Malkiel, I would say "Guys, look at this!" Mr. Bogle and Mr. Malkiel would laugh. They know that past performance does not forecast future performance. Best wishes Taylor Taylor: Surely you forecast--meaning to estimate or predict--the st...
by Taylor Larimore
Wed Nov 30, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Does purchase timing (for capital gains) matter in retirement accounts?
Replies: 2
Views: 308

Re: Does purchase timing (for capital gains) matter in retirement accounts?

It is general advice not to purchase shares in a fund if a capital gain is being distributed soon because you are "paying for the capital gain." My question is, if you are doing this within a retirement account, does it really matter since the capital gain does not incur taxation? lernd: ...
by Taylor Larimore
Wed Nov 30, 2016 11:30 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

Nice post

Portfolio7:

Nice reasonable post!

Thank you and best wishes
Taylor
by Taylor Larimore
Wed Nov 30, 2016 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Should I add to Wellesley instead of Total Bond?
Replies: 26
Views: 1780

Re: Should I add to Wellesley instead of Total Bond?

Due to the market run up I need to do a little rebalancing: I am off about 3% for my AA. Admiral: I doubt if anyone knows within "3%" what is their best Asset-Allocation. Personally, I wait for about a 10% deviation from my desired AA. If you do rebalance, simply exchange into your prior ...
by Taylor Larimore
Wed Nov 30, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Porfolio Monkey
Replies: 18
Views: 2121

Re: Portfolio Monkey

Since RiskGrades discontinued providing services, and with it my ability to understand the impact of portfolio additions/eliminations to portfolio risk, I have been searching or other options. I just run into portfolio monkey (https://www.portfoliomonkey.com/) and although far from risk grades, whi...
by Taylor Larimore
Tue Nov 29, 2016 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Short question on no. of funds in portfolio
Replies: 7
Views: 704

Three Fund Portfolio or LifeStrategy Fund ?

elitistuser:

I agree with mcraepat9.

The Three-Fund Portfolio

Best wishes.
Taylor
by Taylor Larimore
Tue Nov 29, 2016 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Improve The Three-Fund Portfolio?
Replies: 8
Views: 686

Simplicity vs. Complexity?

Rattlenap wrote: If you're doing the often recommended Three-Fund portfolio in say a 60/40 AA. What other funds can you add to improve it? Rattlenap: Laura Dogu, Ambassador to Nicaragua and co-author of "The Bogleheads Guide to Retirement Planning" wrote: A simple portfolio is actually the...
by Taylor Larimore
Tue Nov 29, 2016 10:10 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 147
Views: 10358

A good laugh

Paul Merriman wrote:Now if I could sit down with John Bogle and Burton Malkiel, I would say "Guys, look at this!"

Mr. Bogle and Mr. Malkiel would laugh. They know that past performance does not forecast future performance.

Best wishes
Taylor
by Taylor Larimore
Tue Nov 29, 2016 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: maybe adding one more fund
Replies: 11
Views: 637

Re: maybe adding one more fund

I would like to add one more fund ... Vanguard Health Care Fund Investor Shares (VGHCX) Should i add on my simple ira or roth ? on roth 6,500k - TSM/TBM/TISM/REIT Simple 15,500k - TSM/TISM/TBM/TISM or is not worth it and leave the way it is now? jafcorrea: The market weight of U.S. health care stoc...
by Taylor Larimore
Tue Nov 29, 2016 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Spent too much?
Replies: 33
Views: 6339

Enjoy your youth.

Hi guys, Thank you all for the amazing words and wisdom here! Really appreciate it. As of now, I've almost brought my debt down completely and I am planning on saving 1500$/month which is about 60% of my net income. I will update slowly! Thank you! Brandon Brandon: Saving 60% of your income is a lo...
by Taylor Larimore
Tue Nov 29, 2016 9:15 pm
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 221
Views: 17245

Negative correlation

Why do you say negative correlation? What would the rationale be for a negative expected correlation?

Tricertop:

In the 2008 bear market Vanguard S&P 500 Index Fund plunged -37%. Meanwhile, Vanguard Total Bond Market Index Fund gained +5% -- that's negative correlation.

Best wishes.
Taylor
by Taylor Larimore
Tue Nov 29, 2016 6:19 pm
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 221
Views: 17245

My mistake

Tricertop and Kevin:

You are both correct. I will deleted my post.

Thank you and best wishes.
Taylor
by Taylor Larimore
Tue Nov 29, 2016 5:41 pm
Forum: Investing - Theory, News & General
Topic: "Withdrawal Strategies For Retirees"
Replies: 2
Views: 664

"Withdrawal Strategies For Retirees"

Bogleheads:

The Vanguard Blog has an article by Tony Giordano recommending withdrawal strategies for retirees. This is the link:

http://vanguardblog.com/2016/11/29/with ... -retirees/

Best wishes.
Taylor
by Taylor Larimore
Tue Nov 29, 2016 5:07 pm
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 221
Views: 17245

Correlations

Post deleted.

Taylor
by Taylor Larimore
Tue Nov 29, 2016 12:01 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 60
Views: 5036

Medical costs

Bogleheads: The big unknown costs in retirement are medical costs which can often exceed $100,000 (I already know). The average lifetime retirement health care premium costs for a 65-year-old healthy couple retiring this year and covered by Medicare Parts B, D, and a supplemental insurance policy wi...
by Taylor Larimore
Tue Nov 29, 2016 10:52 am
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 221
Views: 17245

Factor Investing Is Not For Everyone

Bogleheads: In a recent interview with ETF.com., Larry Swedroe said: "It's certainly possible for an individual to do it (factor investing), but--and I may be overstating it--probably a maximum 5% of individuals can really do it on their own." "I think there's a very small percentage ...
by Taylor Larimore
Mon Nov 28, 2016 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Percentage break down on the 3 fund Portfolio
Replies: 9
Views: 720

Re: Question on Percentage break down on the 3 fund Portfolio

Thank you! I will look at the questionnaire. I am 33 with about 127,000 just sitting in a Money Market. I did start contributing to an IRA last year (target fund) and am looking to start investing some of the money into different funds. I am not very investment savvy and have been doing some readin...
by Taylor Larimore
Mon Nov 28, 2016 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Percentage break down on the 3 fund Portfolio
Replies: 9
Views: 720

Re: Question on Percentage break down on the 3 fund Portfolio

Thank you Taylor! As I was reading through these pre-set portfolios I started thinking the percentages are fixed, like this is exactly how you should be allocating your investment. But what you are saying, you can invest but just adjust as needed. Right. Our most important investment decision (othe...
by Taylor Larimore
Mon Nov 28, 2016 9:21 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1629
Views: 859454

Re: The Three-Fund Portfolio

2015: This is not the place to debate (endlessly) about using DFA or other portfolios. Bobcat2 graciously started a new conversation about the Vanguard 3-Fund Portfolio compared with other portfolios here: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=204183&newpost=3130034 Thank you...
by Taylor Larimore
Mon Nov 28, 2016 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Percentage break down on the 3 fund Portfolio
Replies: 9
Views: 720

Re: Question on Percentage break down on the 3 fund Portfolio

Hey All - I have a very basic question regarding the 3 fund portfolio or other portfolio's out there. Below you will find the 3 Fund Portfolio - What do the percentages mean? It has left me puzzled. Does that mean take whatever total you are investing and break it down. Let say I would be investing...
by Taylor Larimore
Mon Nov 28, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: "Sequence of returns risk"
Replies: 42
Views: 2674

Re: "Sequence of returns risk"

I'm in my mid sixties and have been retired for about 6 years. Since these early years of my retirement were in a bull market, does that mean, all things being equal, I stand a better than average chance of my portfolio lasting for my lifetime. My portfolio currently is larger than it was when I re...
by Taylor Larimore
Mon Nov 28, 2016 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Equity Portfolio for 20 year old
Replies: 17
Views: 1483

Re: 100% Equity Portfolio for 20 year old

ctom99: Please ask your son to read "If You Can. How Millennials Can Get Rich Slowly" from the distinguished author and advisor, Wm. Bernstein. In addition to the printed edition, Dr. Bernstein has make it available free and online here: https://www.etf.com/docs/IfYouCan.pdf Best wishes. T...
by Taylor Larimore
Mon Nov 28, 2016 4:40 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 60
Views: 5036

Re: Three fund portfolio for retirement

BTW, this three fund approach is the method DFA uses in all of its retirement target date funds. Click the following links for more information on the DFA’s target date retirement strategy. Bob: To my knowledge, DFA does not use the three total market index fund approach in their target funds. Thei...

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