Search found 19912 matches

by Taylor Larimore
Wed May 04, 2016 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 50
Views: 3067

Re: Investment Fee's [too high?]

Kim: I know your meeting must have been difficult. I had a similar meeting with our Merrill Lynch broker/friend many years ago. Afterwards, he stopped inviting us on his yacht which had been a yearly event. He said I was paying 2% not 3%...1% to him and 1% to the manager. He forgot to tell you how m...
by Taylor Larimore
Wed May 04, 2016 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Critique Fixed Income Strategy - GNMA Dominance
Replies: 29
Views: 2169

Beyond "Keep it simple."

Looking for some insightful critique beyond mantras like "Keep it simple" or that I'm "overthinking". I like overthinking.

Buffetologist:

Good luck, but you might hit my link below to see what experts say about "simplicity".

Best wishes.
Taylor
by Taylor Larimore
Wed May 04, 2016 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Buy an annuity?
Replies: 10
Views: 991

Vanguard Target Retirement Funds

All the funds are regular IRA's, many from 401 K rollovers jgarr: This is good news because there are no taxes to worry about. You should be able to consolidate your IRAs into one IRA for the ultimate simple/sophisticated portfolio designed by Vanguard experts and similar to The Three-Fund Portfoli...
by Taylor Larimore
Wed May 04, 2016 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 70
Views: 3489

One Fund Company or More?

I think having assets in a couple of places is generally accepted as good practice. bru: I cannot argue in general with your statement, however, I prefer having all my securities in one good company for these reasons: 1. One familiar statement. 2. Less paperwork. 3. Easier tax preparation. 4. Avoid...
by Taylor Larimore
Wed May 04, 2016 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Buy an annuity?
Replies: 10
Views: 991

Re: Should I Buy an annuity?

Thanks for the replies, Some good points, I think I will move things around at Vanguard that are a lot more conservative and forget the annuity for a few years. Now to figure out what would be the best funds. What I have now is; 40% Balance Index fund VBIAX 40% Wellesley Income fund VWIAX 15% Reit ...
by Taylor Larimore
Wed May 04, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: Phishing for Phools, important book
Replies: 7
Views: 869

The Bottom Line

http://www.etf.com/sections/index-investor-corner/swedroe-fiduciary-duty-defeats-phishing?nopaging=1 My review along with some commentary on the fiduciary standard Best wishes Larry Larry: Thank you for bringing this important story about "Phishing" and the recently proposed Fiduciary Sta...
by Taylor Larimore
Wed May 04, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to clean up a 400k portfolio that has gotten too unwieldy
Replies: 11
Views: 1736

Total Market Index Funds

dcdwntwn: Welcome to the Bogleheads forum! So, is it totally against the Bogleheads way to put any money at all in more growth/aggressive funds - even if at Vanguard? Ex. Vanguard Growth Index Fund Investor Shares VIGRX Most Bogleheads prefer total market index funds which includes all the stocks in...
by Taylor Larimore
Wed May 04, 2016 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 50
Views: 3067

Re: Investment Fee's [too high?]

Kim: I came across this quote from our mentor, Jack Bogle: I’ll just use 50 years in this example. If you earn a 7% return on the stock market, which is not an unreasonable expectation for the long run today, given today’s dividend yields, a dollar will grow to about $30. If you earn the same 7% min...
by Taylor Larimore
Wed May 04, 2016 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fixed indexed annuities technical question
Replies: 3
Views: 219

Lifetime annuity payments ?

And are the income stream payments generally fixed amounts (that don't increase) under the various payment methods? Bogle_Feet: Lifetime annuity payments are generally paid in fixed amounts. However, some companies (including Vanguard) allow policy holders to pay extra for inflation protection. Bes...
by Taylor Larimore
Wed May 04, 2016 2:42 pm
Forum: Investing - Theory, News & General
Topic: Longer Re-Balancing Periods?
Replies: 11
Views: 536

When to rebalance?

QuietWealth: The primary purpose of rebalancing is to maintain our very important risk/return allocation. Personally, I rebalance whenever a fund strays more than 10% from its desired allocation. Best wishes. Taylor Understand the risk/return allocation well. I just wanted to see if anyone had ever...
by Taylor Larimore
Wed May 04, 2016 2:04 pm
Forum: Investing - Theory, News & General
Topic: Longer Re-Balancing Periods?
Replies: 11
Views: 536

Re: Longer Re-Balancing Periods?

QuietWealth:

The primary purpose of rebalancing is to maintain our very important risk/return allocation.

Personally, I rebalance whenever a fund strays more than 10% from its desired allocation.

Best wishes.
Taylor
by Taylor Larimore
Wed May 04, 2016 1:22 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1425
Views: 737734

Re: The Three-Fund Portfolio

Thanks to Taylor, the forum members and the concept of Three Fund Portfolio. I finally did my portfolio makeover and now have a clear objective and timeline when me and my wife can retire comfortably. We are on our way to retire by age 52. My current AA is: US Stock (40%)>> 40.48% International (30...
by Taylor Larimore
Wed May 04, 2016 10:47 am
Forum: Personal Finance (Not Investing)
Topic: University of Virginia vs University of Miami
Replies: 148
Views: 8493

Re: University of Virginia vs University of Miami

But I am sorry that I caused offense by my clumsy was of expressing these (controversial) ideas.

William4u:

You did not cause "offense". I enjoyed your post and the opportunity to make a joke.

Best wishes
Taylor
by Taylor Larimore
Wed May 04, 2016 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Good book(s) for the soon to be retired?
Replies: 23
Views: 2532

"Money doesn't buy happiness"

Peter:

We are grateful for your contribution to The Bogleheads' Guide to Retirement Planning. It is unfortunate you left out the part in your reply above in "Money Doesn't Buy Happiness."

Best wishes
Taylor
by Taylor Larimore
Wed May 04, 2016 10:12 am
Forum: Personal Finance (Not Investing)
Topic: University of Virginia vs University of Miami
Replies: 148
Views: 8493

The truth is out.

William4u wrote:Currently UVA is 26th and UM is 51st. That represents a huge, huge difference in student intelligence, maturity, life skills, mentoring, and accomplishments.

William4u:

I am a UM graduate. Until now, I didn't realize I am a stupid, old failure. :(

Best wishes.
Taylor
by Taylor Larimore
Wed May 04, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: "MetLife to Pay $25 Million"
Replies: 13
Views: 1923

"MetLife to Pay $25 Million"

Bogleheads: This forum is a place that exposes marketing lies. We are often critical of insurance company promises that are taken away in the fine-print. MetLife has been caught and must pay a $25 million dollar fine. Below are excerpts from today's Wall Street Journal : MetLife Inc., one of the bes...
by Taylor Larimore
Wed May 04, 2016 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Should I Buy an annuity?
Replies: 10
Views: 991

Buy an Annuity Now or Wait?

jgarr: Welcome to the Bogleheads Forum! Hears my story, I am 69 retired, my wife is 68 retired. We are doing just fine living on our SS, no debt. $75,000 in savings, $25,000 in stocks I am worried about the market [because of the upcoming election - moderator prudent]. I am thinking about buying an ...
by Taylor Larimore
Wed May 04, 2016 7:40 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle: "David and Goliath: Who Wins the Quantitative Battle?"
Replies: 13
Views: 1462

"Investor Returns"

Sorry, I didn't get this -- Annual return 9.0% , investor got 5.5%? What is so good about it? Tommy: This is Morningstar's description of "Investor Returns ": Morningstar Investor Return (also known as dollar-weighted return) measures how the average investor fared in a fund over a period...
by Taylor Larimore
Tue May 03, 2016 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 70
Views: 3489

Re: Fidelity or Vanguard

Dear Bogleheads, I have the option to go with either vanguard or fidelity for my IRA and taxable accts. My investment plan is just for a straightforward 3-fund portfolio. I understand Fidelity has the Spartan Funds which have same ER as the Admirals from Vanguard. Doesn anyone have any strong opini...
by Taylor Larimore
Tue May 03, 2016 1:36 pm
Forum: Investing - Theory, News & General
Topic: Meaning of the label Market Timing?
Replies: 33
Views: 1464

Market Timing Definition

Bogleheads:

My favorite definition of market timing:

Fund adjustments based on market forecasts.

Best wishes.
Taylor
by Taylor Larimore
Tue May 03, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Financial Annuities
Replies: 12
Views: 753

"They guarantee 5% growth on market down years."

They guarantee 5% growth on market down years. me112964: There are many undisclosed negatives to high-commission annuities (SPIAs are an exception). This article explains the negatives to the "guarantee 5% growth ": What's the Guaranteed Rate Variable Annuity Really Worth ? Best wishes. T...
by Taylor Larimore
Tue May 03, 2016 12:00 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1425
Views: 737734

"The world's largest bond and stock funds lower expense ratios"

Bogleheads: Good news for The Three Fund Portfolio: Vanguard Total Bond Market Index Fund. The world's largest bond fund with $158 billion in assets reported expense ratio reductions including Investor Shares, down four basis points to 0.16%; Admiral™ Shares, down one basis point to 0.06%. Vanguard ...
by Taylor Larimore
Tue May 03, 2016 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Is there a web site that calculates correlations between different funds, etfs, and or indexes?
Replies: 16
Views: 994

Re: Is there a web site that calculates correlations between different funds, etfs, and or indexes?

I'm looking for correlation (in times of distress) between simple asset groups: stocks, bonds, international stocks, small caps, mid caps, REITS. Also, international bonds. hafjell: I have gone through this same quest to find low correlation in times of distress. What I found is that ALL stocks ten...
by Taylor Larimore
Tue May 03, 2016 9:49 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle: "David and Goliath: Who Wins the Quantitative Battle?"
Replies: 13
Views: 1462

Jack Bogle: "David and Goliath: Who Wins the Quantitative Battle?"

Bogleheads: Our mentor, Jack Bogle, recently delivered a very revealing speech before The Institute of Quantative Research . Jack's speech is 18 pages. These are important excerpts: The index fund relies on simple arithmetic, a mathematical tautology that could be calculated by a second grader: gros...
by Taylor Larimore
Mon May 02, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: The 1 website you'd recommend
Replies: 27
Views: 3774

Re: The 1 website you'd recommend

marathonwmn wrote:Other than this one, Is there one website above all others that you would recommend for financial news, commentary and insight?

Which one?

Thanks!

marathonwmn:

MORNINGSTAR

Best wishes.
Taylor
by Taylor Larimore
Mon May 02, 2016 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Age 29 & married, pls help w/ overall portfolio
Replies: 5
Views: 980

A very good portfolio

sighchological: If this is your total portfolio, I think the portfolio is excellent: Low-cost, very diversified, indexed, tax-efficient and simple to understand and maintain. 43.43%, Vanguard(R) Institutional Index Fund - Institutional Plus Shares 20.09%, Vanguard(R) Small-Cap Index Fund - Instituti...
by Taylor Larimore
Mon May 02, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Negotiating a better 401K experience
Replies: 8
Views: 678

Re: Negotiating a better 401K experience

Rudy:

Your fellow employees have a hero in their midst!

Best wishes.
Taylor
by Taylor Larimore
Mon May 02, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: IRA or Taxable ?
Replies: 11
Views: 795

Transferring IRAs to Vanguard

Kathy:

I believe this link will get your cousin's IRA transfers started:

https://investor.vanguard.com/account-t ... ansfer-ira

Best wishes.
Taylor
by Taylor Larimore
Mon May 02, 2016 1:37 pm
Forum: Investing - Theory, News & General
Topic: "Save $52,000 on Financial Advice" Forbes
Replies: 98
Views: 9739

Re: "Save $52,000 on Financial Advice" Forbes

"There’s just one thing: the DALBAR result is wrong." Bogleheads: The Dalbar study is controversial. Morningstar does a similar study on many of its funds. They call it " Investor Returns " which measures how the average investor fared in a fund over a period of time. I'm not su...
by Taylor Larimore
Mon May 02, 2016 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Total Mkt. Fund or its Components?
Replies: 12
Views: 544

Making the simple complicated

Jim: Welcome to the Bogleheads Forum! Instead of buying a total US stock index fund, I was thinking I might do slightly better by buying its components with a slightly stronger emphasis on value stocks, so instead of this: Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) I was thinking ...
by Taylor Larimore
Mon May 02, 2016 8:36 am
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 3040

Re: Sunscreen recommendations?

Joey_Freshwater wrote:Anyone got recommendations for cheap, but good sunscreen?

I hate spray-on so looking for lotion.

Thanks!

Joey_Freshwater:

The January, 2016, edition of Consumer Reports recommends:

Coppertone Water Babies SPF 50
Walmart's Equate Ultra Protection SPF 50

Best wishes.
Taylor
by Taylor Larimore
Sun May 01, 2016 9:52 pm
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 83
Views: 6752

Re: Selling in May and Walking Away?

Bogleheads: "Selling in May and Walking Away" is a form of market-timing. This is what our mentor, Jack Bogle, says about that: After nearly 50 years in this business, I do not know of anybody who has done market timing successfully and consistently. I don't even know anybody who knows any...
by Taylor Larimore
Sun May 01, 2016 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: IRA or Taxable ?
Replies: 11
Views: 795

Exchanging taxable securities

Kathy; In addition to the IRA restriction mentioned by retiredjg, your cousin must also be careful about exchanging taxable funds. The problem is that taxable funds often have large capital-gains which will trigger large taxes if the funds are sold or exchanged for better funds. Bottom line for all ...
by Taylor Larimore
Sun May 01, 2016 11:47 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: higher % stocks -> higher % of stocks international
Replies: 14
Views: 1509

"31 Rules of the Road" by Jonathan Clements

Bogleheads: Jonathan Clements is a very knowledgeable and articulate author and newspaper columnist (Jason Zweig and Jane Bryant Quinn are two others). In Jonathan's 2015 Money Guide he listed " 31 Rules of the Road ." Here they are from my "Investment Gems" : Jonathan's 31 Rules...
by Taylor Larimore
Sun May 01, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Good book(s) for the soon to be retired?
Replies: 23
Views: 2532

"The Bogleheads' Guide to Retirement Planning"

Looking for a good read that goes into detail on transferring funds, tax efficiency, withdrawal strategies, estate planning alternatives, etc. Ron Scott: Our own Boglehead book, "The Bogleheads' Guide to Retirement Planning," is one of the best. It was written by more than a dozen Boglehe...
by Taylor Larimore
Sat Apr 30, 2016 10:42 pm
Forum: Investing - Theory, News & General
Topic: Altering the glide path
Replies: 11
Views: 1089

Re: Altering the glide path

This brings up the problem I have with target date funds. Target date funds don't account for at least two things I can think of: changes in personal circumstance and big market fluctuations. If the market has a big bull run, one might want to take risk off the table in a big chunk rather than wait...
by Taylor Larimore
Sat Apr 30, 2016 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 50
Views: 3067

The Three-Fund Portfolio

A simple 3 fund portfolio should do the trick though!

Krkestne:

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

Best wishes.
Taylor
by Taylor Larimore
Sat Apr 30, 2016 9:06 pm
Forum: Investing - Theory, News & General
Topic: Whom do you purchase a SPIA from?
Replies: 10
Views: 1534

Re: Whom do you purchase a SPIA from?

in_realty:

Annual commemoration is meaningless when you remember someone every day.

Best wishes.
Taylor
by Taylor Larimore
Sat Apr 30, 2016 8:35 pm
Forum: Investing - Theory, News & General
Topic: A Vanguard Target fund deconstructed - pros/cons?
Replies: 33
Views: 2590

Vanguard Target Funds

Bogleheads: When I am undecided, I listen to experts who know more than I do. * The Target fund experts at Vanguard used their collective knowledge and expertise to design the first six Vanguard Target funds in 2003. * The Target fund experts at Vanguard have since increased the number and quality o...
by Taylor Larimore
Sat Apr 30, 2016 2:23 pm
Forum: Investing - Theory, News & General
Topic: Sound advice from Warren Buffett
Replies: 16
Views: 2940

Sound advice from Warren Buffett

Bogleheads: At today's annual meeting for Berkshire shareholders, USA Today reported: Buffett made his case for owning low-cost index funds by showing data over the past eight years that shows owning a S&P 500 index fund outperformed five hedge funds by more than 40 percentage points, or more th...
by Taylor Larimore
Sat Apr 30, 2016 1:38 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1425
Views: 737734

Kind words of appreciation

snarley Jack:

I am pleased to learn of your success using The Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Fri Apr 29, 2016 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: I left my financial advisor yesterday.
Replies: 21
Views: 1703

Re: I left my financial advisor yesterday.

I am planning on selling all and putting the funds into Vanguard funds ( three fund portfolio ). Capital gains are a non issue in tax advantaged accounts (IRAs). I will monitor the capital gains in my taxable account prior to selling the assets . JeepDaze: You obviously know enough to manage your o...
by Taylor Larimore
Fri Apr 29, 2016 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 50
Views: 3067

What Experts Say About Costs

Hi Everyone. Was wondering...Is 1% fee to my advisor and 2% to the actively managed fund he hooked me up with too much to pay on a annual basis? $405K is what I rolled over from my employment 401K when I retired last July. Thank You Kim Krkestne: Welcome to the Bogleheads Forum! 3% portfolio cost (...
by Taylor Larimore
Fri Apr 29, 2016 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: I left my financial advisor yesterday.
Replies: 21
Views: 1703

Leaving complexity for simplicity!

(Adviser had us) mostly in index funds with many diversified slice and dice funds. Overall expense ratio was low. The portfolio was sliced into like 18 different asset classes. JeepDaze: Your adviser was not all bad. He/she had you in low-cost index funds. Consider the Vanguard Three-Fund Portfolio...
by Taylor Larimore
Fri Apr 29, 2016 11:28 am
Forum: Investing - Theory, News & General
Topic: "Why Fund Costs Are Dropping."
Replies: 2
Views: 451

Re: "Why Fund Costs Are Dropping."

Gordon:

Jack Bogle will love Mr. Rekentheler's advice for the investment industry:

"There are three paths for success: Get cheaper, get cheaper, and get cheaper."

Thank you for the link.

Best wishes.
Taylor
by Taylor Larimore
Fri Apr 29, 2016 9:51 am
Forum: Investing - Theory, News & General
Topic: The long term volatility of value stocks vs the market
Replies: 26
Views: 2022

Nisiprius

Nisiprius:

Your wisdom and knowledge of investment history astounds me!

Thank you for sharing -- and best wishes.
Taylor
by Taylor Larimore
Fri Apr 29, 2016 9:42 am
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 83
Views: 6752

Misleading charts and fund returns

All those bars show the markets went UP on average during May to October. Why would you want to get out for that? Ari: Not only did all the bars go UP during May to October, but if we add dividends to the index we can add at least 2% to the figures. Charts and figures showing past returns without d...
by Taylor Larimore
Fri Apr 29, 2016 8:54 am
Forum: Investing - Theory, News & General
Topic: International Funds Worth it?
Replies: 30
Views: 3207

Endless topic.

Boglebreak: Your question about the value of adding international stocks to a U.S. stock/bond portfolio is never ending and deserves its own topic. In order to keep this Three-Fund Portfolio thread manageable, please ask your question here: International Funds Worth It? Thank you and best wishes. Ta...
by Taylor Larimore
Thu Apr 28, 2016 9:57 pm
Forum: Investing - Theory, News & General
Topic: The long term volatility of value stocks vs the market
Replies: 26
Views: 2022

Total Stock Market and Value Index Have Matching Returns

Bogleheads: Vanguard Total Stock Market Admiral (VTSAX) and Vanguard Value Index Admiral (VVIAX) have the same (11/13/2000) inception date. Today (04/28/2016), both funds have the same annualized return since inception (5.39%).* Past performance does not forecast future performance. * Source: Vangua...
by Taylor Larimore
Thu Apr 28, 2016 9:03 pm
Forum: Investing - Theory, News & General
Topic: The long term volatility of value stocks vs the market
Replies: 26
Views: 2022

Data Dredging

I wonder why so many people claim that value stocks have the same volatility as the broad market. Are they simply ignoring the data?

It's called Data Dredging

Best wishes.
Taylor

Go to advanced search