Search found 20684 matches

by Taylor Larimore
Tue Aug 30, 2016 12:15 pm
Forum: Investing - Theory, News & General
Topic: "Tactical-Allocation Funds: Even Worse Than Expected"
Replies: 1
Views: 221

"Tactical-Allocation Funds: Even Worse Than Expected"

Bogleheads: John Rekenthaler, Vice President of Research for Morningstar, completed a study of Tactical-Allocation Funds. These are market-timing funds that adjust their asset-mixes in response to current market conditions. He calls them a "Sucker’s Play." These are excerpts: Among the 57 ...
by Taylor Larimore
Mon Aug 29, 2016 7:48 pm
Forum: Investing - Theory, News & General
Topic: "One Million Market Beaters"
Replies: 1
Views: 702

"One Million Market Beaters"

Bogleheads: This article contains statistics showing how foolish it is to buy individual stocks in the hope of beating the market: After 15 years, only 17% of professional investors beat an index fund. 40% of all stocks suffer a catastrophic loss (70%) and never fully recover. Two-thirds of all stoc...
by Taylor Larimore
Mon Aug 29, 2016 7:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 38
Views: 5611

The Second Time Around

And by the way, I am curious if Taylor has remarried. We were all sad when he lost Pat. Ned: Losing Pat, my beautiful, intelligent wife for 62 years, and mother of our three sons, was a terrible loss to everyone who knew her. A major reason I did not fall into deep depression was my participation o...
by Taylor Larimore
Mon Aug 29, 2016 1:49 pm
Forum: Personal Consumer Issues
Topic: Frugality regret: What thing do you regret not spending on?
Replies: 165
Views: 31199

A wonderful life

Bogleheads: For many years I had a desire to live on a large sailboat (we couldn't afford) and perhaps sail the world. It never happened, but surprisingly, I feel little regret. Instead, I am very grateful for a wonderful life thanks to my family, friends, Bogleheads and lots of good luck. Thank you...
by Taylor Larimore
Mon Aug 29, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: Retirees Saying No To The Market
Replies: 51
Views: 5449

How a wealthy retiree invested his money

Do you know retirees who absolutely refuse to invest in the market? I was wondering how well they are doing financially and what are they doing to get by. Thanks. Many years ago I knew a wealthy retired gentleman who was one of the founders of Polaroid. He invested nearly all his money in municipal...
by Taylor Larimore
Mon Aug 29, 2016 12:33 pm
Forum: Investing - Theory, News & General
Topic: The Rise and Fall of AccuShares
Replies: 5
Views: 639

Re: The Rise and Fall of AccuShares

So what you are saying is that they are both massively on sale?

random guy:

Fortunately for investors, they are no longer on sale.

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 29, 2016 11:39 am
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 38
Views: 5611

Rick Ferri

Bogleheads: Rick has been a guiding hand and an inspiration for me. He flew into Miami for my 90th Birthday. Taffy and I wish Rick and Daria a lifetime of happiness together at home and "on the road." We can't wait to see them at the Boglehead Conference next month. Best wishes. Taylor
by Taylor Larimore
Mon Aug 29, 2016 11:15 am
Forum: Personal Finance (Not Investing)
Topic: IRS extends relief for 60 day rollovers
Replies: 6
Views: 888

"A Look at the New 60-Day Rollover Rules"

Bogleheads:

Mike Piper, editor of The Oblivious Investor, has written an important article about the new (relaxed) IRS Rollover Rules:

A look at the new 60-Day Rollover Rules

Best wishes.
Taylor
by Taylor Larimore
Mon Aug 29, 2016 10:48 am
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 133
Views: 11289

Two important lessons learned the "hard way."

Did anything come of that law suit? unclescrooge: Yes, two important lessons: 1. Bill Bernstein was right when he wrote: " You are engaged with a life and death struggle with the financial services industry. -- Act as if every broker, insurance salesman, mutual fund salesperson, and financial ...
by Taylor Larimore
Mon Aug 29, 2016 10:20 am
Forum: Investing - Theory, News & General
Topic: The Rise and Fall of AccuShares
Replies: 5
Views: 639

The Rise and Fall of AccuShares

Bogleheads: The attempt to "beat the market" never ends: AccuShares opening (2011): AccuShares Management, LLC, seeks to be an innovative, financial services firm offering exchange traded funds (ETF) shares that provide direct access to indices in key alternative asset classes. AccuShares ...
by Taylor Larimore
Mon Aug 29, 2016 9:07 am
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 133
Views: 11289

Trust Companies

Bogleheads: In 1990 my brother and I filed suit against the largest Florida bank for mishandling a trust from our grandmother. This is a portion of our Complaint (underlines mine): "During the period of time that the trust funds were being managed by Southeast Bank, the corpus of the trusts exp...
by Taylor Larimore
Sun Aug 28, 2016 5:30 pm
Forum: Investing - Theory, News & General
Topic: RBD fans, Dan Wiener has news! [Really Bad Day]
Replies: 26
Views: 2907

Market Timing and What Experts Say

livesoft wrote:I got a kick out this 81% success rate after something like an RBD:
http://finance.yahoo.com/news/3-5-stock ... 00445.html


Articles like this appeal to market-timers who erroneously think they can outperform the market.

What Experts Say About Market Timing

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 28, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 133
Views: 11289

Vanguard Wealth Management Service for Select Clients

halftab: I suggest you contact Vanguard Wealth Management as a Vanguard Select Client. Unlike other such services, Vanguard pays no commissions which avoids conflict-of-interest that permeates the industry. This is the link: https://investor.vanguard.com/wealth-management/services Best wishes. Taylor
by Taylor Larimore
Sun Aug 28, 2016 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice + Break up with UBS?
Replies: 11
Views: 772

Two fund companies or one fund company?

Train2bogle: Welcome to the Boglehead Forum! I like the idea of having everything in the same place. So do I. In my opinion, having everything in one place is more important than the difference between Vanguard and Fidelity--both good companies (although I prefer Vanguard). Best wishes. Taylor
by Taylor Larimore
Sun Aug 28, 2016 2:25 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Analysis Tool?
Replies: 6
Views: 440

Re: Portfolio Analysis Tool?

tharbors:

Welcome to the Bogleheads Forum!

Does Vanguard have a tool that you can input 15 fund symbols and qty and give a snapshot at her total allocation?

Any ideas would be appreciated.

Check-out The Three-Fund Portfolio

Best wishes
Taylor
by Taylor Larimore
Sun Aug 28, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one
Replies: 9
Views: 1048

Higher yield ?

Bogleheads:

The two replies above are very important for investors seeking higher yielding securities for their income.

"More money has been lost by investors seeking higher yield than has been lost at the point of a gun."

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 28, 2016 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Amount of cash to trigger investing
Replies: 12
Views: 876

Mortgage or no mortgage?

I would encourage anyone to at least have their mortgage paid off by the time they retire. This is the decision that we've made... no mortgage in retirement. Bogleheads: Of course it is nice to not have a mortgage on your home. But there are exceptions. Example : We had a large part of our net wort...
by Taylor Larimore
Sun Aug 28, 2016 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one
Replies: 9
Views: 1048

Need additional information

Edan:

Welcome to the Bogleheads Forum!

In order to give you informed advice, we need more information. Use this link for guidance:

ASKING PORTFOLIO QUESTIONS

Thank you and best wishes.
Taylor
by Taylor Larimore
Sun Aug 28, 2016 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Option A or Option B?
Replies: 22
Views: 1142

"150 Portfolios Better Than Yours"

I'm afraid I have to disagree with Taylor on the use of the particular TR funds you have in your 401K plans.

stiutz:

I am pleased to have your input. Jim Dahle, lists: 150 Portfolios Better Than Yours

Bottom line: There is more than one road to Dublin.

Best wishes.
Taylor
by Taylor Larimore
Sun Aug 28, 2016 9:24 am
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 55
Views: 10610

Investor Questionnaire" for Asset-Allocation

The tough item for me to reconcile here is how much to put into bonds right now. Wolfgang Pauli: Never forget that bonds are primarily for safety--not return. Use more stocks for expected return. This Vanguard Questionnaire will help you decide your very important stock/bond allocation: https://per...
by Taylor Larimore
Sun Aug 28, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Option A or Option B?
Replies: 22
Views: 1142

Target Funds in Roths

dizzle: Sorry; I overlooked your Roths. Yes, a Target Fund in Roths also. He should use Fidelity, she should use T. Rowe Price to minimize companies--even though you may be tempted to use Vanguard. I would not try to design my own target fund to save a few basis points (one hundred of one percent) i...
by Taylor Larimore
Sat Aug 27, 2016 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Option A or Option B?
Replies: 22
Views: 1142

Target Funds

dizzle: Thank you for your straight-forward replies to all our questions. You and your wife are in the enviable situation of owning just two tax-advantaged accounts--both with excellent target funds. Accordingly, I think you and your wife should strongly consider just 2 target funds --one in each 40...
by Taylor Larimore
Fri Aug 26, 2016 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Option A or Option B?
Replies: 22
Views: 1142

Re: Asset Allocation Option A or Option B?

dizzle:

Are these your only securities?

Do you have a taxable account?

Do you have Target Funds available in your 401Ks?

Thank you.

Best wishes.
Taylor
by Taylor Larimore
Fri Aug 26, 2016 8:25 pm
Forum: Investing - Theory, News & General
Topic: My only fund not in the red today...how about you?
Replies: 23
Views: 2016

Re: My only fund not in the red today...how about you?

Just a downer day all across the board. My only fund not in the red is an emerging markets fund I am stubbornly holding onto until I've recovered my losses. Up 2 cents a share....I know just put it all in one fund and don't look. I can see why. 8-) Shakenbake: As you have learned, Bogleheads will f...
by Taylor Larimore
Fri Aug 26, 2016 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 115
Views: 9983

Withdrawing Money For a Roth IRA??

Bogleheads:

Withdrawing money from a Roth IRA:

https://www.irs.gov/publications/p590b/ ... 1000231071

[OT comment removed by admin LadyGeek]

Best wishes.
Taylor
by Taylor Larimore
Fri Aug 26, 2016 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: A question of process: individual stocks to index funds
Replies: 10
Views: 672

individual stocks to index funds

Pianocraft: Welcome to the Bogleheads Forum! It is always difficult to get rid of individual stocks--especially when they all have a profit. This link will give you encouragement: Individual Stocks vs. Mutual Funds Inasmuch as you have wisely decided to sell your stocks, you should probably wait unt...
by Taylor Larimore
Fri Aug 26, 2016 5:59 pm
Forum: Investing - Theory, News & General
Topic: "Are Index Funds Eating the World?"
Replies: 36
Views: 3424

Re: "Are Index Funds Eating the World?"

With the rise of index funds we've seen the shift of dumb money to index funds.

In my opinion, it is the smart money that is shifting to index funds. :wink:

Best wishes.
Taylor
by Taylor Larimore
Fri Aug 26, 2016 5:48 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1555
Views: 804829

Re: The Three-Fund Portfolio

Bogleheads: I was pleased to read this endorsement (8/17/2016) by the respected financial author (5 books), Dan Solin, on the Morningstar homepage: Over a decade ago, I wrote The Smartest Investment Book You'll Ever Read . In it I recommended the same three index funds from Vanguard featured in this...
by Taylor Larimore
Fri Aug 26, 2016 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: How much PrimeCap vs Total Stk Mkt
Replies: 25
Views: 1669

Adding International Bonds to The Three-Fund Portfolio?

Hogan773: When I am undecided about adding more funds, I remember Occam's Razor. "When there is a choice between similar solutions--choose the simplest." ** I have considered adding Vanguard's International Bond Index Fund to The Three-Fund Portfolio. I decided not to for these reasons: ht...
by Taylor Larimore
Fri Aug 26, 2016 4:59 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 55
Views: 10610

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

What Dr. Bernstein didn't mention in the brief recap of his idea was that he recommends very safe fixed income not the usual Total Bond fund but short term bonds/especially Treasuries, Individual TIPS ladders, CDs etc. At least that is what I recall. Dandy: In his latest book, "If You Can"...
by Taylor Larimore
Fri Aug 26, 2016 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help Simplifying Accounts/ Strategizing Allocations
Replies: 8
Views: 677

Re: Help Simplifying Accounts/ Strategizing Allocations

Taylor: Thank you for the information. I am starting the process of consolidating these accounts. Taylor: so you do not have a designated savings account? My only conundrum now is determining what amount of money to keep in the checking/bill payment account, and at what point to move it over to sav...
by Taylor Larimore
Fri Aug 26, 2016 10:19 am
Forum: Investing - Help with Personal Investments
Topic: How much PrimeCap vs Total Stk Mkt
Replies: 25
Views: 1669

Total International Bond Index Fund ?

EDIT: Taylor - I took a few more mins to look at that Target Retirement fund. Seems a bit odd to me. I realize the "set it and forget it" approach that would be helpful to many, but some of the components are questionable. 16% is in the International Bonds fund!?!? I thought the jury was ...
by Taylor Larimore
Fri Aug 26, 2016 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Rick Ferri Portfolio Review
Replies: 34
Views: 4010

"Cash is King?"

What about the old saying "cash is king"?

abuss368:

Like many "old sayings," it contains an element of truth -- but many "old sayings" are dangerous.

Best wishes
Taylor
by Taylor Larimore
Thu Aug 25, 2016 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner to investment planning
Replies: 7
Views: 544

"If You Can" by Dr. Bernstein

Kevin:

Welcome to the Bogleheads Forum!

If I could start over, I wish I had read this short internet book written especially for Millennials.

IF YOU CAN

Best wishes.
Taylor
by Taylor Larimore
Thu Aug 25, 2016 8:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Issues
Replies: 102
Views: 8492

e-mail

can't login:

Welcome to the Bogleheads Forum!

I've received a welcome eMail from them.


Try replying using their e-mail address.

Don't fret. Once you get started you won't leave.

Best wishes.
Taylor
by Taylor Larimore
Thu Aug 25, 2016 7:03 pm
Forum: Investing - Theory, News & General
Topic: Timing the Stock Market...lol
Replies: 25
Views: 2474

Re: Timing the Stock Market...lol

I know timing the stock market is not possible and foolish. Just wondering what everyone's thought is on the stock market with the upcoming elections. There's a lot of talk about a huge drop either right before or right after the election and depending on who gets elected, it could be an even bigge...
by Taylor Larimore
Thu Aug 25, 2016 5:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts
Replies: 27
Views: 3178

Re: Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts

Most people will not switch back and forth as interest rates change because they don't know they should do it or they are too lazy to do it or they don't realize the time has come to do it. retiredjg: It can be costly to switch stocks in tax-advantaged accounts back into taxable accounts because al...
by Taylor Larimore
Thu Aug 25, 2016 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: How much PrimeCap vs Total Stk Mkt
Replies: 25
Views: 1669

Vanguard Target Retirement Income Fund

The IRA is her only account. Hogan773: In my opinion, your mother's solution is obvious: Exchange her IRA funds to a single Vanguard Target Retirement Income Fund (VTINX) designed by Vanguard Experts for retirees like your mother. Benefits: * The primary benefit is that your mother will have a port...
by Taylor Larimore
Thu Aug 25, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: How much PrimeCap vs Total Stk Mkt
Replies: 25
Views: 1669

Re: How much PrimeCap vs Total Stk Mkt

Hogan773: If you can sell Primecap without paying a capital-gain tax, I would exchange it for more Total Stock Market Index Fund (Mr. Bogle's favorite fund). TSM is much more diversified for greater safety, she will eliminate manager risk, stock overlap, and her portfolio will be easier to manage an...
by Taylor Larimore
Thu Aug 25, 2016 2:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts
Replies: 27
Views: 3178

Bonds: Taxable or Municipal?

If your tax advantaged account and taxable are roughly the same size, would a 50/50 allocation create a tax advantaged account that is all bonds and a taxable that is all equities? It seems as if muni bonds would be fine in taxable as a way to keep both accounts and overall allocation at 50/50. Mid...
by Taylor Larimore
Thu Aug 25, 2016 1:40 pm
Forum: Investing - Theory, News & General
Topic: "Build Your Own Lazy Portfolio"
Replies: 4
Views: 959

"Build Your Own Lazy Portfolio"

Bogleheads: This insightful article by author and columnist ,Paul Farrell, contains six rules Bogleheads will appreciate: 1. Swing For Singles & Bet on Every Horse 2. Buy “Quality” and Never Sell 3. No Market Timing, No Active Trading 4. Trust the Explosive Power of Compounding 5. If You’re Not ...
by Taylor Larimore
Thu Aug 25, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help Simplifying Accounts/ Strategizing Allocations
Replies: 8
Views: 677

Re: Help Simplifying Accounts/ Strategizing Allocations

RGB205: I agree with 123: Like you, I once had multiple accounts. Later, when I understood the many advantages of Simplicity (read my link below) I cut down until now I have only one bank account for cash and all payments, one Vanguard account for all investments and one credit card (paid in full ea...
by Taylor Larimore
Thu Aug 25, 2016 11:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts
Replies: 27
Views: 3178

Re: Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts

Patrick: One thing nearly all mathematicians ignore when figuring safe withdrawal rates is that cap-gains in taxable accounts are tax-free at death. This is another reason why stocks are usually better suited for taxable accounts. My living expenses (after pension, social security and 2 SPIA annuiti...
by Taylor Larimore
Thu Aug 25, 2016 11:25 am
Forum: Investing - Theory, News & General
Topic: Timing the Stock Market...lol
Replies: 25
Views: 2474

Re: Timing the Stock Market...lol

I know timing the stock market is not possible and foolish. Just wondering what everyone's thought is on the stock market with the upcoming elections. There's a lot of talk about a huge drop either right before or right after the election and depending on who gets elected, it could be an even bigge...
by Taylor Larimore
Thu Aug 25, 2016 10:37 am
Forum: Personal Consumer Issues
Topic: Office Chair
Replies: 36
Views: 2457

Re: Office Chair -- More is less

skinhealer: Congratulations on your new home! For what it's worth: My old $1,000+ Relax-the-Back office chair needed replacement so Taffy and I went to Office Depot and I tried many of their chairs (about 50). I liked a chair called " realspace Calusa." about $95. I assembled it (about 45 ...
by Taylor Larimore
Wed Aug 24, 2016 9:02 pm
Forum: Investing - Theory, News & General
Topic: John Bogle says it is ok to just hold US stock index and Bond index, no international stocks
Replies: 45
Views: 4942

When experts disagree

The Vanguard Group Brain Trust recommends 30% to 40% of the portfolios stock portion be allocated to foreign stock, which they say makes up about 55% of the world markets. Vanguard recently said further diversification is recommended per international bonds, and the bond portion should be up to abo...
by Taylor Larimore
Wed Aug 24, 2016 9:01 pm
Forum: Investing - Theory, News & General
Topic: John Bogle says it is ok to just hold US stock index and Bond index, no international stocks
Replies: 45
Views: 4942

When experts disagree

The Vanguard Group Brain Trust recommends 30% to 40% of the portfolios stock portion be allocated to foreign stock, which they say makes up about 55% of the world markets. Vanguard recently said further diversification is recommended per international bonds, and the bond portion should be up to abo...
by Taylor Larimore
Wed Aug 24, 2016 8:21 pm
Forum: Investing - Theory, News & General
Topic: John Bogle says it is ok to just hold US stock index and Bond index, no international stocks
Replies: 45
Views: 4942

Re: John Bogle says it is ok to just hold US stock index and Bond index, no international stocks

Vision: John Bogle wrote in his 1993 edition of "Bogle on Mutual Funds" 1993 that "Your exposure to mutual funds investing in foreign stocks should not exceed 20% of your equity portfolio." So far, he has been right for U.S. investors. Mr. Bogle has many reasons for his opinion. ...
by Taylor Larimore
Wed Aug 24, 2016 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's so so customer service
Replies: 71
Views: 8380

"Vanguard does it best"

toto238: This is a recent post: Bogleheads: My September issue of Consumer Reports arrived today in the mail. The heading on Page 49 caught my eye: "Investment Companies: Which Ones Do It Best" Our table below, rates traditional investment companies on the services they provide. A total of...
by Taylor Larimore
Wed Aug 24, 2016 7:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts
Replies: 27
Views: 3178

Vanguard Recommends Stocks in Taxable; Bonds in Tax-advantage accounts

Bogleheads: We sometimes get conflicting advice about the placement of stocks and bonds in taxable accounts and tax-advantaged accounts (IRA, 401k, 403b, etc.). This is Vanguard's recommendation (page 7): For Portfolios containing both taxable and tax-advantaged accounts, and Financial Plans deliver...

Go to advanced search