Search found 119 matches

by simplesauce
Wed Mar 07, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for the sick/uncertain life span
Replies: 3
Views: 614

Asset Allocation for the sick/uncertain life span

Tough topic, I know. My mother had ovarian cancer, stage 4. She beat it twice. But it is aggressive and doctors are making sure she understands the severity. She is 58 years old. She has a good retirement portfolio. She currently uses one of the Vanguard Target Date funds (which I love). Simple, one...
by simplesauce
Mon Feb 12, 2018 11:12 pm
Forum: Investing - Theory, News & General
Topic: Expecting a crash...but staying the course
Replies: 8
Views: 1670

Expecting a crash...but staying the course

If you look at the stock charts, it has been a straight line up for a very long time. I sometimes have urges to pull out of the market and wait for prices to get slashed. But I always go back to these words from Charlie Ellis. He explains (summarized and paraphrased): The historical statistics shows...
by simplesauce
Tue Jan 30, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Frequent Flier Miles 101
Replies: 53
Views: 4671

Frequent Flier Miles 101

Hi all. My “rewards” gathering generally consists of charging everything to my Citi Double Cash card (2% cash back) and also using my AMEX Blue Preferred card (6% groceries, 3% gas). But a friend told me that using an Airline card to get bonus miles is the way to go. You get the best bang for your b...
by simplesauce
Thu Jan 04, 2018 9:49 pm
Forum: Investing - Theory, News & General
Topic: Becoming comfortable with International Stocks
Replies: 15
Views: 1855

Re: Becoming comfortable with International Stocks

Are you asking about investing in individual stocks? Or whether you should invest in international funds? Or are you just trying to learn about how markets work in different companies. Your title makes it seem like you're not comfortable investing internationally (either in individual stocks(?) or ...
by simplesauce
Thu Jan 04, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Becoming comfortable with International Stocks
Replies: 15
Views: 1855

Re: Becoming comfortable with International Stocks

I believe your question is overly broad. If you narrow the scope and be more specific, you'll probably find more satisfactory information. That said, a place to start could be market history for individual countries, and for that a good place to start is the Dimson, March and Staunton CREDIT SUISSE...
by simplesauce
Tue Jan 02, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Becoming comfortable with International Stocks
Replies: 15
Views: 1855

Re: Becoming comfortable with International Stocks

OnTrack wrote:
Mon Jan 01, 2018 8:28 pm
Map indicating economic freedom.
http://www.heritage.org/index/heatmap
Individual countries can be selected by clicking on them.
Great link. Not sure what I am looking for here or how to interpret. Can you assist?
by simplesauce
Mon Jan 01, 2018 8:11 pm
Forum: Investing - Theory, News & General
Topic: Becoming comfortable with International Stocks
Replies: 15
Views: 1855

Becoming comfortable with International Stocks

I have been searching the web to try and learn more about the foreign countries that we invest in. But I have been largely unhappy with the material available to read. I have yet to find a comprehensive deep dive into the markets from around the world. I would like to learn more about the stock mark...
by simplesauce
Mon Jan 01, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: An hour with David Swensen at Council of Foreign Relations
Replies: 25
Views: 2977

Re: An hour with David Swensen at Council of Foreign Relations

Stick5vw -- Swensen's book for individual investors is Unconventional Success . The preface says: When I began my work on Unconventional Success , I contemplated writing a diferent book... Pioneering Portfolio Management [his book for institutional investors] describes an equity-oriented, broadly d...
by simplesauce
Sat Dec 23, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Any Target Date Funds better than Vanguard?
Replies: 46
Views: 5187

Re: Any Target Date Funds better than Vanguard?

-Too aggressive - I prefer at minimum 25% bonds at any age. -Too much international - 40% intl equities, 30% intl bonds. -Not based on risk tolerance: If you choose a Vanguard TDF based on risk tolerance alone, Vanguard assumes you are closer to retirement. So the glide path of that fund will move ...
by simplesauce
Sat Dec 23, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: Any Target Date Funds better than Vanguard?
Replies: 46
Views: 5187

Re: Any Target Date Funds better than Vanguard?

No. Vanguard is the best at these. You can roll your own with combinations of the LifeStrategy funds and the Balanced fund. Or even the "Three-fund." So if the Target Date funds have flaws you don't like, it is very trivial to avoid them. Do you think my concerns are worth it? When I listen to Bogl...
by simplesauce
Sat Dec 23, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Any Target Date Funds better than Vanguard?
Replies: 46
Views: 5187

Any Target Date Funds better than Vanguard?

My issues with Vanguard Target Date Funds are: - Too aggressive - I prefer at minimum 25% bonds at any age. - Too much international - 40% intl equities, 30% intl bonds. - Not based on risk tolerance : If you choose a Vanguard TDF based on risk tolerance alone, Vanguard assumes you are closer to ret...
by simplesauce
Mon Dec 04, 2017 11:53 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy Fund vs 6-Fund Portfolio
Replies: 9
Views: 1206

Re: LifeStrategy Fund vs 6-Fund Portfolio

Simple question here, but I think it is a theory question since this could apply to many people. It addresses tax efficiency and asset allocation. Say my mother has become ill and she may need funds available to her much sooner than we all thought. Which would be a better portfolio? The key word he...
by simplesauce
Mon Dec 04, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy Fund vs 6-Fund Portfolio
Replies: 9
Views: 1206

Re: LifeStrategy Fund vs 6-Fund Portfolio

livesoft wrote:
Mon Dec 04, 2017 12:00 pm
If she doesn't pay income taxes, then it doesn't matter. Something like 40% of families do not pay income taxes.
Thanks. She does pay income tax, so that’s why I am curious about the tax inefficiencies of LifeStrategy.
by simplesauce
Mon Dec 04, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: LifeStrategy Fund vs 6-Fund Portfolio
Replies: 9
Views: 1206

LifeStrategy Fund vs 6-Fund Portfolio

Simple question here, but I think it is a theory question since this could apply to many people. It addresses tax efficiency and asset allocation. Say my mother has become ill and she may need funds available to her much sooner than we all thought. Which would be a better portfolio? (MIX of Taxable...
by simplesauce
Thu Nov 30, 2017 6:33 am
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3476

Re: What can we learn from BitCoin’s surge?

White Coat Investor wrote:
Thu Nov 30, 2017 1:23 am
I worried it was a bubble when I saw Allan Roth buy some.

I'll know it's a bubble when Taylor Larimore buys some. That's your indication to sell.
Wait a second. Taylor and Allan are buying BitCoin now?? This is a shock to me. They are two of the most disciplined investment authors I know!
by simplesauce
Thu Nov 30, 2017 12:26 am
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3476

What can we learn from BitCoin’s surge?

(Disclaimer: I am a fairly pure Boglehead. 3-fund portfolio in my retirement accounts.) Seeing these new BitCoin millionaires popping up everywhere (from their successful speculating); is there something to be said for having a little “funny money” put into a taxable account for speculation? Again, ...
by simplesauce
Tue Nov 28, 2017 8:45 am
Forum: Investing - Theory, News & General
Topic: How much do you have in your taxable account?
Replies: 23
Views: 2885

How much do you have in your taxable account?

I’d like to know how Bogleheads divide up their savings. For example, for someone in their early 30’s, they are investing a solid 15% of their paycheck into stocks and bonds. Should the entire 15% go into the retirement account? (assuming not enough earnings to max it out) Or perhaps: 10% into Retir...
by simplesauce
Sun Nov 26, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: Common Sense on Mutual Funds
Replies: 20
Views: 2338

Common Sense on Mutual Funds

I just finished reading Bogle’s book again, and it is wonderful. I am particularly intrigued by the section where he says you do not need any international stocks in your portfolio. I feel that this is very profound! I don’t see any other investment authors talking this way. Are you convinced by Bog...
by simplesauce
Thu Nov 23, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 9872

Why does everyone keep increasing their international stock %?

Hi all. I would like to know why many finance authors and investing resources continue to increase their recommended equity allocation to international stocks year after year. Is this starting to get out of control? Is it justified? For example, Burton Malkiel has continued to increase his percentag...
by simplesauce
Thu Nov 23, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: An hour with David Swensen at Council of Foreign Relations
Replies: 25
Views: 2977

David Swensen Comments (Nov 2017)

[merged this post into the existing thread - moderator prudent] In a recent interview, David Swensen discussed his thoughts on investing internationally, and his thoughts on the US. I found them interesting: https://www.cfr.org/event/conversation-david-swensen SWENSEN: The types of questions that y...
by simplesauce
Wed Nov 22, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 31258

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Is the group photo posted anywhere?
by simplesauce
Sun Nov 12, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 3194

Re: My favorite bond portfolio

"Added complexity"? Most people can deal with two additional bond funds by setting aside about 15 minutes a year. I didn't say it was a lot of added complexity. :happy But on the flip side, how much more yield are you going to get for that extra 15 minutes? Again, it is not about yield for me. It i...
by simplesauce
Sun Nov 12, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: “Flight to Quality:” the old way of thinking?
Replies: 16
Views: 1740

“Flight to Quality:” the old way of thinking?

Hi all. I was speaking with some people about the market today. I mentioned that I have plenty of money in US Treasuries, just in case of a market crash. I would expect a flight to safety, and an opportunity to rebalance into stocks. However, it was said that Flight to Quality is an old way of think...
by simplesauce
Sun Nov 12, 2017 10:07 am
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 3194

Re: My favorite bond portfolio

MnD wrote:
Sun Nov 12, 2017 9:21 am
50% TSP G fund
50% Dodge and Cox Global Bond Fund

Blended yield and effective duration:
2.92%, 1.75 years
I like the idea here, but I don’t invest in any fund that charges more than 0.10% or 0.20% ER.
by simplesauce
Sat Nov 11, 2017 8:19 pm
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 3194

Re: My favorite bond portfolio

...but i'm not sure how he is running his backtest starting in 1970 as he claims. tips didn't exist then... ...and I don't know of any short-term TIPS fund before 2009. Indeed, this article says: Pimco To Launch First Short-Term TIPS ETF August 24, 2009 Pimco is ready to launch the first short-term...
by simplesauce
Sat Nov 11, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 3194

Re: My favorite bond portfolio

i like the emphasis on treasuries and tips. same approach as swensen. but i'm not sure how he is running his backtest starting in 1970 as he claims. tips didn't exist then. my own view is that it is hard to be too scientific about this. in certain periods like recently, long term treasuries have be...
by simplesauce
Sat Nov 11, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 3194

My favorite bond portfolio

Reading Paul Merriman’s “Ultimate Buy and Hold Portfolio,” he makes a strong case for only using US Govt bonds. Furthermore, he makes the case to mix short and intermediate term bonds. This way, the bonds will do exactly what you need them to do in the event of a crisis. He suggests: 50% Intermediat...
by simplesauce
Fri Nov 10, 2017 11:55 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 31258

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

LadyGeek wrote:
Fri Nov 10, 2017 11:16 pm
You must have missed this: Re: BOGLEHEADS 2017 VIDEOS

It's in the wiki: Bogleheads® 16 - Philadelphia
Thanks!
by simplesauce
Fri Nov 10, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 31258

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Mel Lindauer wrote:
Fri Nov 03, 2017 7:18 pm
simplesauce wrote:
Fri Nov 03, 2017 7:08 pm
Will the Bogle Q&A video from the last day be posted soon?
Yes. It should be available in the next few days.
Hi, any update?
by simplesauce
Thu Nov 09, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: TIPS at a young age?
Replies: 23
Views: 1436

Re: TIPS at a young age?

Thank you for the great replies. Can you also address the portion of the question about how appropriate this bond allocation is for a young person? Did David Swensen mean for this recommendation to be for all ages?
by simplesauce
Thu Nov 09, 2017 7:53 am
Forum: Investing - Theory, News & General
Topic: TIPS at a young age?
Replies: 23
Views: 1436

TIPS at a young age?

I am a big fan of David Swensen’s book Unconventional Success. In it, he describes his ideal bond portfolio being: 50% intermediate-term Treasuries (I use VGIT) 50% intermediate-term TIPS (I use VIPSX) For a younger person who has, say 25% of their portfolio in bonds, does this seem like an acceptab...
by simplesauce
Sun Nov 05, 2017 3:41 pm
Forum: Investing - Theory, News & General
Topic: Have TIPS truly been tested yet?
Replies: 48
Views: 4850

Re: Have TIPS truly been tested yet?

Can somebody help me understand TIPS and taxes? I have always heard to not buy TIPS in a taxable account. However, buying a TIPS Fund in a taxable account seems perfectly fine. It is only when you buy individual TIPS that becomes an issue with taxes . Is this correct? It depends on what you're thin...
by simplesauce
Sun Nov 05, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Have TIPS truly been tested yet?
Replies: 48
Views: 4850

Re: Have TIPS truly been tested yet?

Can somebody help me understand TIPS and taxes? I have always heard to not buy TIPS in a taxable account.

However, buying a TIPS Fund in a taxable account seems perfectly fine. It is only when you buy individual TIPS that becomes an issue with taxes.

Is this correct?
by simplesauce
Fri Nov 03, 2017 9:23 pm
Forum: Investing - Theory, News & General
Topic: Have TIPS truly been tested yet?
Replies: 48
Views: 4850

Re: Have TIPS truly been tested yet?

There's a lot of FUD (fear, uncertainty, and doubt) spread about TIPS. "Have they been truly tested yet?" If you mean, "can we understand and predict market movements of TIPS," you can make a case that we don't. Not that we really can with anything else, but TIPS may be less liquid than nominal Tre...
by simplesauce
Fri Nov 03, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 31258

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Will the Bogle Q&A video from the last day be posted soon?
by simplesauce
Thu Nov 02, 2017 9:39 pm
Forum: Investing - Theory, News & General
Topic: Have TIPS truly been tested yet?
Replies: 48
Views: 4850

Have TIPS truly been tested yet?

TIPS (Treasury Inflation Protection Securities) are generally wonderful in my mind. I agree with Larry Swedroe. They are an amazing invention for investors to utilize because they protect you from Inflation, AND deflation. https://youtu.be/0OOi3XFNlA0 However, my concern is that they were only inven...
by simplesauce
Thu Nov 02, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Some investing help for my Grandmother
Replies: 7
Views: 979

Re: Some investing help for my Grandmother

The first thing to do would be to change the old funds to not automatically reinvest the dividends and capital gains distributions. After a year that will also help make all the gains long term. If any of the funds have losses she can sell them and then use those losses to offset some gains. As she...
by simplesauce
Wed Nov 01, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: Would David Swensen's advice be different if he wrote his book in 2017?
Replies: 4
Views: 1055

Would David Swensen's advice be different if he wrote his book in 2017?

I am a big fan of Unconventional Success. Great book. However, on the bond side, I would like to know if anyone thinks David Swensen's advice to hold 50% Treasuries and 50% TIPS would be different if he had written the book more recently? The interest rates when he gave this advice were quite higher...
by simplesauce
Wed Nov 01, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Some investing help for my Grandmother
Replies: 7
Views: 979

Re: Some investing help for my Grandmother

One option to consider: If your Grandmother is charitably-minded and/or regularly makes cash contributions to non-profit organizations, she could instead start gifting her highly-appreciated mutual fund shares to a donor-advised fund like Vanguard Charitable or Fidelity Charitable — and then design...
by simplesauce
Wed Nov 01, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Some investing help for my Grandmother
Replies: 7
Views: 979

Some investing help for my Grandmother

Hi all. My grandmother has been investing in index funds since the very beginning. She is the original Boglehead! I’ve been talking to her about her portfolio. And I explained to her that I have really bought into the simple 3-4 fund portfolio. Total US Stock Market fund, Total International Stock, ...
by simplesauce
Sat Oct 28, 2017 7:42 am
Forum: Investing - Theory, News & General
Topic: Cancer and Asset Allocation
Replies: 8
Views: 1351

Re: Cancer and Asset Allocation

My health status has changed. I may still have a decent life ahead, I am far more brittle than before. Where I used to have a high risk tolerance, I now worry about volatility. If I had a very limited time, such as a year or three, I may take half the portfolio and splurge. Exactly. And I think man...
by simplesauce
Fri Oct 27, 2017 10:39 pm
Forum: Investing - Theory, News & General
Topic: Cancer and Asset Allocation
Replies: 8
Views: 1351

Cancer and Asset Allocation

Hi all. I have read dozens of finance books. One of my favorite topics is asset allocation. However, I have rarely, if ever, read about how an asset allocation can change if one becomes ill. And life expectancy suddenly is cut in half or worse. I have a personal family member who has stage 4 cancer ...
by simplesauce
Fri Oct 27, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: 2017 Bogleheads Conference - John Bogle presentation
Replies: 10
Views: 2075

Re: 2017 Bogleheads Conference - John Bogle presentation

LadyGeek wrote:
Mon Oct 23, 2017 7:25 pm
Jack Bogle's presentation is now in the wiki. See: Bogleheads® 16 - Philadelphia

I have also updated the wiki with his latest 10-year forecast: Expected future returns
Very much anticipating a video of Jack’s Q&A on the 20th.
by simplesauce
Sat Oct 21, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 31258

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

The conference was great!! It was a pleasure to be there. Will the videos be posted soon?
by simplesauce
Mon Oct 09, 2017 6:13 pm
Forum: Investing - Theory, News & General
Topic: Life-insurance for young couple. Advice?
Replies: 23
Views: 2283

Life-insurance for young couple. Advice?

Hi all. I have consulted a few different life insurance companies. And all have a different approach we should take. We are in our 30's.

What is the best solution for life insurance for young adults? We only want to pay a few dollars a month for each of us. Thank you.
by simplesauce
Sat Oct 07, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's long-term outlook for TIPS
Replies: 92
Views: 8275

Re: Vanguard's long-term outlook for TIPS

I got the impression from talking with a Vanguard Personal advisory rep awhile back that they are suggesting more corporate, intermediate, and total bond funds in an allocation appropriate for you and not to include TIPS, but to let your stock portfolio be the inflation hedge. Right. Are TIPS no lo...
by simplesauce
Sat Oct 07, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's long-term outlook for TIPS
Replies: 92
Views: 8275

Vanguard's long-term outlook for TIPS

I have half of my bond holdings in TIPS (as suggested by David Swensen.) However, I have read many articles questioning the usefulness and capabilities of TIPS. And I have been concerned about having such a large stake in my portfolio. Furthermore, Vanguard just sent out an email that concludes: "Wh...
by simplesauce
Thu Aug 17, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard Government Bond Index Funds changing names and indices (dropping agency bonds)
Replies: 56
Views: 6913

Changes coming for 3 Vanguard Bond Index funds

[merged this topic and its reply into the existing thread - moderator prudent]

Can someone explain to me what the potential impact might be?

http://www.vanguard.com/pdf/contltr.pdf
by simplesauce
Tue Aug 15, 2017 6:51 am
Forum: Investing - Theory, News & General
Topic: REITs a disappointment, yet still useful
Replies: 20
Views: 4027

REITs a disappointment, yet still useful

I would like to make sure I understand this correctly. Many portfolio architects say that a small extra stake in REITs can improve diversity for a portfolio. So when I read the columns saying that REITs are no longer useful because of low expected future returns...that seems to be the wrong focus. T...
by simplesauce
Sun Jul 16, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: Is the Total US Stock Market too concentrated?
Replies: 51
Views: 4842

Re: Is the Total US Stock Market too concentrated?

Go with Vanguard Total World Index. Simplicity and diversification all in one. I don't have to think about sectors at all. It's all there. OR Go with a Life Strategy or Target Date Fund. Yes, but I prefer to overweight the US stocks for many reasons brought forth by Jack Bogle. I just wanted to kno...