Search found 1316 matches

by 3funder
Tue May 26, 2020 1:39 pm
Forum: Personal Investments
Topic: Rebalancing - More VTSAX, less VBTLX
Replies: 18
Views: 687

Re: Rebalancing - More VTSAX, less VBTLX

Leave things as they are.
by 3funder
Mon May 25, 2020 1:28 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 70
Views: 5734

Re: I have no risk tolerance: where am I supposed to keep my money?

It's a somewhat tongue-in-cheek question but I'm also somewhat serious. Recent market volatility is making me sick, to the point where I've learned that I'm not sure I can handle it. I am not so idealistic as to believe that stocks always go up. The stock market did not recoup it's 1929 crash until...
by 3funder
Sat May 23, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 2844

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

I'm not convinced any one of these options would provide much of an edge over the others as long as you stay the course.
by 3funder
Mon May 18, 2020 8:24 am
Forum: Personal Investments
Topic: Is QQQ (Nasdaq100) better reflective of new economy
Replies: 60
Views: 3826

Re: Is QQQ (Nasdaq100) better reflective of new economy

I think VTI is inherently the best reflection of the composition of the US economy at any given time. Your simple porfolio reflects investing wisdom you might not even know you posses. Leave it alone.
by 3funder
Mon May 18, 2020 8:13 am
Forum: Personal Investments
Topic: time to buy small cap value?
Replies: 10
Views: 606

Re: time to buy small cap value?

If you're going to tilt, I recommend doing so to the tune of at least 10%; otherwise, it's not worth it.
by 3funder
Mon May 18, 2020 8:11 am
Forum: Personal Investments
Topic: Target Retirement Fund in a Taxable Account
Replies: 13
Views: 968

Re: Target Retirement Fund in a Taxable Account

To your original question, if the only place you can put money is in a taxable account, a 2050 target fund is not optimal but certainly not a fatal flaw. A small amount of tax-inefficiency is no big deal. Since it appears you are in the 24% tax bracket ($100k individual income and MFS), it might be...
by 3funder
Sun May 17, 2020 11:04 am
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging during volatile markets
Replies: 12
Views: 1419

Re: Dollar Cost Averaging during volatile markets

My wife and I employ what winds up amounting to a manual DCA strategy for our taxable account, as we don't have a lot of money left over each month after we max our 403(b)s and Roth IRAs and contribute $15,000/year to our son's 529 account). We split the rest evenly between taxable money market and ...
by 3funder
Sun May 17, 2020 10:51 am
Forum: Personal Investments
Topic: Work Stock - To Sell Now or Wait...
Replies: 18
Views: 1652

Re: Work Stock - To Sell Now or Wait...

Hyperchicken wrote:
Sat May 16, 2020 8:56 pm
The question to ask yourself is do I feel lucky would I buy this stock if I did not work for the company.
+1
by 3funder
Fri May 15, 2020 8:35 am
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1685

Re: Which one is better EM bonds or EM equities or both?

I think having EM stocks is a good thing if easily gotten for a low cost. It contributes to the goal of holding the entire stock market. I also think EM stocks can be left out if one does not have a low cost option. I'm not interested in EM bonds. It's a tiny niche and EM contains the most unstable...
by 3funder
Wed May 13, 2020 11:55 am
Forum: Personal Investments
Topic: Target Retirement or 3 Fund Portfolio?
Replies: 15
Views: 1160

Re: Target Retirement or 3 Fund Portfolio?

Keep in mind that with the exception of adding a little in international bonds and eventually something in TIPS a Target Retirement Fund IS a three fund "portfolio" in which the asset allocation is set by choosing the fund rather than by doing the allocation oneself. I don't think in the larger pic...
by 3funder
Tue May 12, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: "Scary" Stocks For The Long Term: Jonathan Clements
Replies: 25
Views: 4179

Re: "Scary" Stocks For The Long Term: Jonathan Clements

I think this recent article from the New York Times makes a pretty compelling argument for why TSM and other mega-cap heavy indexes are likely to outperform going forward: https://www.nytimes.com/2020/04/28/business/coronavirus-stocks.html Could very well be that international and value are priced ...
by 3funder
Tue May 12, 2020 3:36 pm
Forum: Personal Investments
Topic: radical AA changes; where to put the proceeds?
Replies: 6
Views: 380

Re: radical AA changes; where to put the proceeds?

Vanguard's target retirement income fund would be a great choice for de-risking your portfolio while ensuring that you don't lose purchasing power.
by 3funder
Tue May 12, 2020 3:33 pm
Forum: Personal Investments
Topic: Short Term Bonds or TIPS
Replies: 6
Views: 755

Re: Short Term Bonds or TIPS

I don't think so. We're not exactly in an inflationary environment, and I don't see any evidence that things will be markedly different any time soon. There could be some inflation, but I don't it will be anything to write home about. Even before the pandemic, I didn't expect much inflation in the ...
by 3funder
Tue May 12, 2020 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2087

Re: Hang on to old car or buy new one?

I understand $1,500 worth of maintenance. $1,500 per year, however, is suspect. Something must be off. Perhaps the car is a lemon? Also, who performs the service? I hope you steer clear of the dealer.
by 3funder
Tue May 12, 2020 9:27 am
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 213
Views: 10046

Re: Paul Tudor: Compelling case for bitcoin ?

Nope. To me, there are stocks, bonds, and money market funds. The rest is speculation.
by 3funder
Tue May 12, 2020 9:24 am
Forum: Personal Investments
Topic: What to do with $40k cash?
Replies: 13
Views: 1767

Re: What to do with $40k cash?

Depending on when you need to purchase your next vehicle, I'd consider putting it all in your emergency fund.
by 3funder
Tue May 12, 2020 9:15 am
Forum: Personal Investments
Topic: Short Term Bonds or TIPS
Replies: 6
Views: 755

Re: Short Term Bonds or TIPS

I don't think so. We're not exactly in an inflationary environment, and I don't see any evidence that things will be markedly different any time soon. There could be some inflation, but I don't it will be anything to write home about. Even before the pandemic, I didn't expect much inflation in the n...
by 3funder
Mon May 11, 2020 11:40 am
Forum: Personal Investments
Topic: Getting 300k cash. What should we do with it?
Replies: 23
Views: 3954

Re: Getting 300k cash. What should we do with it?

Will you need any of this money in 6 years? If so, don't invest it in stocks. If not, have at it.
by 3funder
Sun May 10, 2020 8:37 am
Forum: Personal Investments
Topic: Why Make Portfolio Safer (More Bonds) as I age?
Replies: 35
Views: 3047

Re: Why Make Portfolio Safer (More Bonds) as I age?

As others have stated, being on the wrong side of the sequence of returns can pose a huge problem, unless your assets are incredibly substantial compared to your spending needs.
by 3funder
Sun May 10, 2020 8:35 am
Forum: Personal Investments
Topic: International Equity Fund Placement
Replies: 13
Views: 1061

Re: International Equity Fund Placement

Doesn't matter all that much. International equity index funds are usually a little less tax-efficient than US equity index funds. That said, it's not as though they're tax-inefficient.
by 3funder
Sat May 09, 2020 5:40 pm
Forum: Investing - Theory, News & General
Topic: I am always slightly disappointed with my AA
Replies: 48
Views: 3518

Re: I am always slightly disappointed with my AA

birdog wrote:
Sat May 09, 2020 6:31 am
Bogle said “.....I spend half my time worrying about why I have so much in stocks and the other half worrying about why I have so little in stocks.”

Sounds like you're in good company.
+1
by 3funder
Sat May 09, 2020 5:34 pm
Forum: Investing - Theory, News & General
Topic: A bond rule of thumb better than "age in bonds"
Replies: 152
Views: 10366

Re: A bond rule of thumb better than "age in bonds"

Since my 403(b) account is the only account from which I must draw at a specified age, I treat that as my core allocation and invest in stocks in my Roth and taxable accounts. I'm 35 years old and 90/10 in my 403(b); however, I'd like to de-risk a bit, as I got a little giddy when things went south ...
by 3funder
Sat May 09, 2020 5:20 pm
Forum: Personal Investments
Topic: Goal Reached - Now What?
Replies: 30
Views: 3345

Re: Goal Reached - Now What?

It sounds like money isn't an issue. I'm not even sure your risk profile is much of an issue, even though you worry about it being one. I think you should focus on figuring out when you want to retire. If you're not sure, then you're probably not mentally ready to do so.
by 3funder
Sat May 09, 2020 5:03 pm
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6042

Re: College age kid wrecked his car...

Everyone has a view; here's mine. In a sense, a college junior is still a kid. You know your son better than anyone on this forum. If he wasn't driving recklessly and doesn't behave in an entitled manner, then with your level of assets, I think you should buy him the car outright and be done with it...
by 3funder
Wed May 06, 2020 4:43 pm
Forum: Personal Investments
Topic: 24 years old - need portfolio advice
Replies: 17
Views: 987

Re: 24 years old - need portfolio advice

I would build up emergency savings to at least 20k. I don't see any point in the CDs. I would max out your IRA and 401k for 2019 (you have until April of next year). Max out all tax-advantaged space before opening a taxable account. Try to get an HSA account if you can. I would be at least 100% equ...
by 3funder
Wed May 06, 2020 4:38 pm
Forum: Personal Investments
Topic: VFIAX AND VTSAX ?
Replies: 16
Views: 903

Re: VFIAX AND VTSAX ?

Not a problem. Go for it.
by 3funder
Wed May 06, 2020 4:37 pm
Forum: Personal Investments
Topic: Please help me get out of international
Replies: 64
Views: 3308

Re: Please help me get out of international

unclescrooge wrote:
Wed May 06, 2020 4:33 pm
The market doesn't care what you think.

That being said, and my personal opinion aside, you should put that allocation towards SP500. otherwise, if you choose something else and it under performs, you will believe it doesn't work and have the same problem in 6 months.
+1
by 3funder
Wed May 06, 2020 11:13 am
Forum: Personal Investments
Topic: Munis: Hold or Sell
Replies: 31
Views: 2269

Re: Munis: Hold or Sell

Currently working to establish an 50/30/20 3 fund portfolio for the 1st time. My current bond position is quite small and almost 100% Munis in a taxable account (long story...) I'm probably 15 years out from retirement, but job somewhat volatile. I have plenty of room in a tax advantaged account. O...
by 3funder
Wed May 06, 2020 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Car Purchase - Financing vs Down Payment, GAP Insurance, Extra Warranties
Replies: 58
Views: 1995

Re: Car Purchase - Financing vs Down Payment, GAP Insurance, Extra Warranties

1) Financing at that rate is fine.
2) Tell the dealer to pound hard sand.
3) Tell the dealer to pound harder sand.
by 3funder
Wed May 06, 2020 10:47 am
Forum: Personal Investments
Topic: Munis: Hold or Sell
Replies: 31
Views: 2269

Re: Munis: Hold or Sell

What's the name of the fund, and what's your cost basis?
by 3funder
Wed May 06, 2020 9:44 am
Forum: Investing - Theory, News & General
Topic: Bonds Beat Stocks Over the Last 20 Years
Replies: 42
Views: 4065

Re: Bonds Beat Stocks Over the Last 20 Years

This would only have been relevant to an investor if he/she invested all of his/her money at the market high and did not invest any more money in the following 20 years. Dollar cost averaging into the market would have yielded a far superior total return to that of bonds. Just saying...
by 3funder
Tue May 05, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: A Risk-Tolerance Question
Replies: 50
Views: 2542

Re: A Risk-Tolerance Question

You do not sell; you change the allocation of your future contributions. Selling just locks in a loss that is likely to right itself in the long run anyway. The missing element in Taylor's question is the age of the beginning investor. If they have a decade or more left in their working life I agre...
by 3funder
Tue May 05, 2020 9:30 am
Forum: Personal Investments
Topic: Fidelity 500 (FXAIX) vs Total Market (FSKAX)
Replies: 4
Views: 652

Re: Fidelity 500 (FXAIX) vs Total Market (FSKAX)

Hello Bogleheads, These two Fidelity index funds have the same low expense ratio (0.015%). However, the Total Market fund (FSKAX) has much lower net assets under management than the SP500 (FXAIX). Is there something about this fund that makes it less appealing than the SP500 index? Thank you In my ...
by 3funder
Tue May 05, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: A Risk-Tolerance Question
Replies: 50
Views: 2542

Re: A Risk-Tolerance Question

You do not sell; you change the allocation of your future contributions. Selling just locks in a loss that is likely to right itself in the long run anyway.
by 3funder
Mon May 04, 2020 9:11 am
Forum: Personal Investments
Topic: Want all stock, no bonds...how to?
Replies: 15
Views: 1519

Re: Want all stock, no bonds...how to?

Over over the last 95 years, holding a 100% equity portfolio gained you only 0.6% return, but softened the ride considerably, giving up 43% vs. 35% in the worst year. https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations As Buffett was pointing out this weekend, $10...
by 3funder
Mon May 04, 2020 9:00 am
Forum: Investing - Theory, News & General
Topic: Who is your all time favorite investor and why?
Replies: 52
Views: 2736

Re: Who is your all time favorite investor and why?

Jack Bogle, for his insistence on low-cost, plain vanilla portfolios and for his belief that his net worth of $80 million was more than enough.
by 3funder
Mon May 04, 2020 8:41 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16054

Re: American exceptionalism

The problem is that the relative performance of regions (US, Europe, Asia, EM etc) runs on a vastly different time scale (decades), compared to forum discussions. By the time we will have had a decade or two of outperformance of international or emerging markets, people will not remember threads li...
by 3funder
Sun May 03, 2020 12:20 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16054

Re: American exceptionalism

The problem is that the relative performance of regions (US, Europe, Asia, EM etc) runs on a vastly different time scale (decades), compared to forum discussions. By the time we will have had a decade or two of outperformance of international or emerging markets, people will not remember threads li...
by 3funder
Thu Apr 30, 2020 2:20 pm
Forum: Personal Investments
Topic: All-in-one fund recommendations
Replies: 46
Views: 3873

Re: All-in-one fund recommendation

I am planning to restructure most of my investments into one all-in-one fund, so I would appreciate some good all-in-one fund recommendations. These are all the required attributes a candidate fund must satisfy: 1. Low total expense ratio 2. 100% equity portfolio 3. Greater weight on US equities (i...
by 3funder
Thu Apr 30, 2020 2:14 pm
Forum: Personal Investments
Topic: All-in-one fund recommendations
Replies: 46
Views: 3873

Re: All-in-one fund recommendations

Do not let the tax tail wag the entire dog. There is nothing particularly harmful about holding an all-in-one fund in a taxable account, especially if it helps you stick with your investing plan. It is not the optimal arrangement; however, it will not, by any means, prevent you from reaching your go...
by 3funder
Thu Apr 30, 2020 10:49 am
Forum: Personal Investments
Topic: 25 Years Old Trying to Build a Lazy Portfolio
Replies: 31
Views: 2361

Re: 25 Years Old Trying to Build a Lazy Portfolio

Start with 90/10 stock/bond allocation. Increase bond allocation by 10% every 10 years.
by 3funder
Mon Apr 27, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 536
Views: 35588

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

White Coat Investor wrote:
Sun Aug 04, 2019 1:11 pm
The problem is dividends tend to be cut when stock prices are going down.
+1
by 3funder
Thu Apr 23, 2020 9:01 am
Forum: Personal Investments
Topic: When Is The Right Time to Reduce Portfolio Risk
Replies: 20
Views: 1523

Re: When Is The Right Time to Reduce Portfolio Risk

DW and I have a substantial investment portfolio and are in an enviable position with respect to our retirement years. I turned 71 earlier this year and DW turns 71 in a few months. Before the market crash I reduced the risk in our portfolio from 35%stock / 65%Fixed to 30%Stock/70% Fixed. After the...
by 3funder
Wed Apr 22, 2020 8:11 am
Forum: Personal Investments
Topic: AA and TIPS
Replies: 10
Views: 683

Re: AA and TIPS

I don't see a need for them, but I'm 35, so it doesn't matter.
by 3funder
Mon Apr 20, 2020 11:20 am
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8257

Re: Price of oil has collapsed; how will this impact the economy?

Microeconomically-speaking, it will result in cheaper gas and a little more :moneybag for me to save/invest 8-). Macroeconomically-speaking, I'm not sure.
by 3funder
Mon Apr 20, 2020 10:39 am
Forum: Personal Investments
Topic: How to put $100K into the market now?
Replies: 34
Views: 3689

Re: How to put $100K into the market now?

jhsu802701 wrote:
Sun Apr 19, 2020 6:36 pm
Why is the S&P 500 the default choice? Foreign stocks are MUCH cheaper than large cap US stocks. Japan and emerging markets are especially cheap.
Good point. OP should lump sum half into US and half into foreign. Should solve the valuation problem!
by 3funder
Sun Apr 19, 2020 12:21 pm
Forum: Investing - Theory, News & General
Topic: Will indexes continue to perform well?
Replies: 35
Views: 1727

Re: Will indexes continue to perform well?

MadHungarian wrote:
Sun Apr 19, 2020 11:37 am
Whole market indexes will continue to do what the market does. No more, no less. That's the only promise they make, and that's the promise they deliver on.
+1