Search found 78 matches

by john4546
Tue Apr 10, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 240
Views: 19954

Re: Swedroe: Look Beyond 60/40 Portfolio

Passive investing is not the same as index investing.

If any stock selection occurs (sector, style, etc.), then it's active investing.

Passive investing is just a gimmicky term for active managers like Swedroe to sell his services.

Just invest in total market index funds - it really is that simple.
by john4546
Sat Apr 07, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Best TV/monitor for video games.
Replies: 4
Views: 334

Best TV/monitor for video games.

Can anyone make any suggestions regarding what is the best TV or monitor for playing video games using a console like either an X-Box or Playstation? I was thinking of getting something with a screen size of 32 inches or smaller.
by john4546
Fri Apr 06, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 240
Views: 19954

Re: Swedroe: Look Beyond 60/40 Portfolio

People are taking on more investment risk to compensate for their lack of savings, which is not prudent. The brutal reality is that people need to save and contribute more to their investment portfolios. 60/40 is a reasonable and rational fixed, long term allocation, balancing risk and reward, despi...
by john4546
Fri Apr 06, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 240
Views: 19954

Re: Larry Swedroe: Look Beyond 60/40 Portfolio

People are taking on more investment risk to compensate for their lack of savings, which is not prudent. The brutal reality is that people need to save and contribute more to their investment portfolios. 60/40 is a reasonable and rational fixed, long term allocation, balancing risk and reward, despi...
by john4546
Tue Mar 20, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2342
Views: 1473412

Re: The Three-Fund Portfolio

Once the decision is made to use the Boglehead 3-fund portfolio, now how does one decide the percentage allocation for each fund?
by john4546
Mon Mar 19, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Yes or No?
Replies: 78
Views: 19852

Re: Emerging Markets: Yes or No?

Jayant Bhandari - How Emerging Really are Emerging Markets?:

https://www.youtube.com/watch?v=NqslVEA5U-w
by john4546
Sun Mar 18, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: Why is 16 the magic number for FAs?
Replies: 27
Views: 4763

Re: Why is 16 the magic number for FAs?

I think wealth management is a dying industry, sort of like horse buggy whip makers in the 1920's. I think John Bogle in one of his books even recommends that young people choosing a career avoid it and do something more substantive either in business or other professional career. Investment managem...
by john4546
Sun Mar 18, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: Anyone exclude emerging markets?
Replies: 50
Views: 6112

Re: Anyone exclude emerging markets?

I avoid most, especially, China because I don't trust the sources of the available information. If you're a passive investor then you should hold everything at market weight, regardless of your beliefs...unless, if course, you're really an active investor. :mrgreen: Do you invest in junk bonds? Wou...
by john4546
Fri Mar 16, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: Anyone exclude emerging markets?
Replies: 50
Views: 6112

Re: Anyone exclude emerging markets?

I avoid most, especially, China because I don't trust the sources of the available information. If you're a passive investor then you should hold everything at market weight, regardless of your beliefs...unless, if course, you're really an active investor. :mrgreen: Do you invest in junk bonds? Wou...
by john4546
Thu Mar 15, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: What bond funds do you use for taxable accounts?
Replies: 20
Views: 2727

Re: What bond funds do you use for taxable accounts?

Iliketoridemybike wrote:
Thu Mar 15, 2018 7:31 pm
What state are you in?
Florida.
by john4546
Thu Mar 15, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: What bond funds do you use for taxable accounts?
Replies: 20
Views: 2727

What bond funds do you use for taxable accounts?

What bond funds would you use for a taxable account for a high tax bracket investor? I've decided on a 60/40 stock/bond portfolio allocation intended for long-term investment and additional retirement funds. Which of these funds would you use and why?: Vanguard short-term tax-exempt bond fund (VWSTX...
by john4546
Thu Mar 15, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs. total world stock + bond fund
Replies: 20
Views: 3352

Re: 3 fund portfolio vs. total world stock + bond fund

What are the pros and cons for each portfolio for a taxable account? Some people might want to retain the ability to sell US stock without selling foreign stock and vice versa. This would not be much of a con for many others though. I have not checked lately, but the world fund used to have a highe...
by john4546
Thu Mar 15, 2018 8:32 am
Forum: Investing - Theory, News & General
Topic: Anyone exclude emerging markets?
Replies: 50
Views: 6112

Anyone exclude emerging markets?

Just curious, anyone avoid emerging markets stocks in their portfolio? Does anyone just use the developed international stock market index fund (VTMGX)? (it's cheaper, more tax efficient (more qualified dividends), less volatile, and "safer"). Some equate emerging markets = third world countries, wh...
by john4546
Tue Mar 13, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs. total world stock + bond fund
Replies: 20
Views: 3352

Re: 3 fund portfolio vs. total world stock + bond fund

One issue that I may be concerned about is the % US stock drift for the 2-fund portfolio: Would it bother you if the US stock allocation drifted to below 50%, say 20-30% or even less (who knows what may happen in the future) (The US is currently 52.4% of the total world stock (VTWSX) portfolio)?
by john4546
Tue Mar 13, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs. total world stock + bond fund
Replies: 20
Views: 3352

3 fund portfolio vs. total world stock + bond fund

Which portfolio would you choose and why for a taxable account with a 60/40 stock/bond allocation?: 1. 3-fund portfolio: 30% total US stock (VTSAX), 30% total international stock (VTIAX) [3,637 + 6,302 = 9,939 stocks total], 40% Total bond fund (or intermediate tax-exempt bond fund (VWITX)). 2. 60% ...
by john4546
Tue Mar 13, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Who's doing 100% international equity?
Replies: 79
Views: 10191

Re: Who's doing 100% international equity?

I'm getting deja vu all over again from this thread. I remember a few people doing this that worked for big US corporations. The lowest correlation is International Small Cap. I would also assume Emerging Markets would have a lower correlation as well. International developed large cap is pretty ti...
by john4546
Wed Mar 07, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: How Correlations Are Influenced
Replies: 30
Views: 2467

Re: More Diversification?

Bogleheads: When I am tempted to add more funds to The Three-Fund Portfolio (which already contains over 15,000 securities), I remember this warning from our great mentor: "Diversification is the refuge of the scoundrel" -- Jack Bogle Best wishes Taylor I don't think I understand that quote. Isn't ...
by john4546
Wed Mar 07, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Why plumbers are so expensive?
Replies: 15
Views: 1845

Re: Why plumbers are so expensive?

Businesses have overhead to pay for I guess. Ask the plumber to describe his benefits package (health, disability, unemployment insurance, etc. - this also costs a lot money which are passed onto the customer).

There is also just greed - charging what they can get away with.
by john4546
Thu Mar 01, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Domestic vs. International Stock Allocation
Replies: 38
Views: 19560

Re: Out of step

But is it a parade or a herd of cattle being lead to the slaughter? And who is out of sync: Jack or the other equally well respected people suggesting financial diversification? Experts disagree not because it doesn't make a difference but because of different assumptions. Who knows which of them a...
by john4546
Sun Feb 25, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 41
Views: 4944

Re: Finance Q for those that have gone through Divorce

Good luck with the divorce. I'm so happy that I'm single and child-free.
by john4546
Sat Feb 24, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: What exactly happened in Japan...and can it happen here?
Replies: 52
Views: 10939

Re: What exactly happened in Japan...and can it happen here?

OP, I do not like to put all my eggs in one basket. 1) I invest in US total market index fund. 2) I invest in International index fund. 3) I invest in the total bond market index fund. 4) I invest in Wellington fund (world oldest mutual fund -> active managed) 5) I keep 1 year worth of emergency fu...
by john4546
Thu Feb 22, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 113
Views: 12412

Re: Florida in the summer

All of these complaints about living in Florida are what I would consider "first world problems," akin to thinking: "Oh, woes is me, I'm so fat and well nourished that I can't fit my fat arm down into the Pringles potato chip can to get the last chip out." These aren't real problems - if it's too ho...
by john4546
Sat Feb 17, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 71
Views: 9615

Re: $12,000 Refrigerator?

I am in the market for a new appliance package. My loca store has a 1600 rebate on select, upscale Kitchen Aid appliances and I am leaning in that direction. I am look at ~ $7k approx for DW, Fridge, Micro, Stove before rebate But I saw a Viking refrigerator for $12,000. Some of their other applian...
by john4546
Sat Feb 10, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Reasons to underweight foreign stocks?
Replies: 42
Views: 2632

Re: Reasons to underweight foreign stocks?

"I don't think it (an extended Japan-like period of underperformance for the U.S.) will happen either, so will not be basing an investing decision on something that neither of us thinks will happen." Shouldn't a retirement investment plan be designed with a worst case scenario in mind? I don't think...
by john4546
Fri Feb 09, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Reasons to underweight foreign stocks?
Replies: 42
Views: 2632

Reasons to underweight foreign stocks?

I don't mean to beat a dead horse, but what are good and rational reasons to underweight foreign stocks in a portfolio from global market cap weighting (for U.S. investors)? 1. Foreign stock funds are less tax efficient (foreign withholding) (for taxable accounts). 2. Foreign stocks are more expensi...
by john4546
Tue Feb 06, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 30508

Re: Torn between Vanguard, Fidelity and Schwab

I use all three, and including T. Rowe Price. It's not wise to keep all of your assets with one financial institution, even though I think the probability of any one of these institutions from having problems is very small. Schwab and Fidelity do have better cash management accounts (like checking a...
by john4546
Sun Feb 04, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 16935

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

What if the stock market goes down or stays flat for the next 10, 15, 25 or more years? It has indeed done that in the past (Google it). What if bond returns are the best that an investor can get in the coming years? The long term can be very long term when it comes to stocks. Stocks don't have to g...
by john4546
Sat Feb 03, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 214
Views: 29810

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Clint Ballinger — When Bitcoin goes to Zero, Don’t Blame Regulation:

http://mikenormaneconomics.blogspot.com ... es-to.html
by john4546
Sat Feb 03, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: John Bogle and Japanese Stock market.
Replies: 33
Views: 3461

Re: John Bogle and Japanese Stock market.

You could argue that the Japanese stock market is a good example to not invest in the Japanese stock market. I have thought about that: Japan could be used both as an argument for and against investing in foreign markets - and both be rational arguments. Maybe the stock market really only works wel...
by john4546
Fri Feb 02, 2018 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: John Bogle and Japanese Stock market.
Replies: 33
Views: 3461

John Bogle and Japanese Stock market.

I was curious as to what John Bogle has said about the underperformance of the Japanese stock market (It's been down and meandering for nearly 30 years so far). For him to say that investing in the U.S. markets is sufficient for U.S. investors is bizarre. Some people think that if the U.S. stock mar...
by john4546
Fri Feb 02, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25217

Re: Bitcoin in Freefall

Rich kid buys bitcoin, and says we all should buy bitcoin and get rich. This is not going to end well:

https://nypost.com/2018/02/01/this-19-y ... est-of-us/
by john4546
Thu Feb 01, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Is this portfolio allocation reasonable?
Replies: 6
Views: 632

Re: Is this portfolio allocation reasonable?

The 60/40 allocation with the two funds looks reasonable. But VTWSX at ER 0.21% is "expensive". If you split it into US Total (ER 0.04%) and International Total (ER 0.11%), you can cut the expense by more than half without loss of diversification. I did think about that, but Vanguard has been decre...
by john4546
Thu Feb 01, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Municipal bond INDEX funds?
Replies: 3
Views: 907

Municipal bond INDEX funds?

Does anybody know of any municipal bond INDEX funds? I'm aware of etf's that follow indexes, but I'm interested in funds. I've read John Bogle refer to Vanguard's municipal bond offerings as "quasi-index" funds that appear to follow indexes, but that are still managed. Vanguard does offer one index ...
by john4546
Thu Feb 01, 2018 6:06 am
Forum: Investing - Help with Personal Investments
Topic: Is this portfolio allocation reasonable?
Replies: 6
Views: 632

Is this portfolio allocation reasonable?

I have a portfolio allocation plan that I'm considering (for high income tax bracket investor): 60% stocks/40% bonds, fixed, using: 60% Vanguard Total World Stock index fund (VTWSX); and 40% Vanguard Tax-Exempt intermediate bond fund (VWITX). Is this allocation reasonable (with no tilting)? I'm tryi...
by john4546
Tue Jan 30, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 11364

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

"With the fragile state of the hospital’s finances..."

I thought hospitals and doctor's clinics were cash cows.
by john4546
Tue Jan 30, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 4346

Should I join Linkedin?

Should I join Linkedin? For this who have a profile on Linkedin, has having a profile on linked really helped you network and gain work and business opportunities?
Thanks.
by john4546
Sun Jan 28, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Should I join my local Freemasons?
Replies: 31
Views: 5493

Should I join my local Freemasons?

Should I join my local Freemasons? Pros and cons? Would it help me with business contacts/opportunities (I'm also an entrepreneur)? Is it worth it or just a waste of time? Any dangers?

Are then any Bogleheads who are also Freemasons?

Please advise me.

Thanks.
by john4546
Sun Jan 28, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Investment thought loops have been destroying me
Replies: 31
Views: 1633

Re: Investment thought loops have been destroying me

"5) Do not invest in companies that mine for commodities"

Just curious, why?
by john4546
Sat Jan 27, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: Flagship? [T. Rowe Price retirement funds]
Replies: 27
Views: 3526

Re: Flagship? [T. Rowe Price retirement funds]

flagship, definition: Word forms: plural flagships 1. countable noun A flagship is the most important ship in a fleet of ships, especially the one on which the commander of the fleet is sailing. 2. countable noun [oft with poss] The flagship of a group of things that are owned or produced by a parti...
by john4546
Sat Jan 27, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: "Muni Bonds Time Bomb" Barron's
Replies: 48
Views: 6502

Re: "Muni Bonds Time Bomb" Barron's

This is another reason why I'm considering not investing in municipal bond funds in my taxable account even though I'm in a high income tax bracket.
by john4546
Fri Jan 26, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 69
Views: 7279

Re: Ways to Protect Assets Without a Prenup

See here: Read these blogs and websites: http://www.dontmarry.com http://marriageispurgatory.blogspot.com https://www.mgtow.com https://happybachelorsforum.com Read these books: https://www.amazon.com/Courtship-Courtroom-Divorce-Doing-Marriage/dp/0819706922/ref=sr_1_4?ie=UTF8&qid=1517012596&sr=8-4&k...
by john4546
Fri Jan 26, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account investing for high income tax bracket investors
Replies: 18
Views: 1733

Re: Taxable account investing for high income tax bracket investors

Thank you all for your comments. I suppose I'm looking for validation about this choice and wondered if other people in the high income tax brackets were doing it. I've read just about all of John Bogle's books and the Boglehead books. I think I can just live with the "tax drag" for this portfolio s...
by john4546
Fri Jan 26, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account investing for high income tax bracket investors
Replies: 18
Views: 1733

Re: Taxable account investing for high income tax bracket investors

How about the remainder of the portfolio? Would you be going with a lifestrategy fund across all accounts? I'm going to use life strategy mod. growth fund (VSMGX) for my IRA's as well. So the same fund for everything. Then I'm just going to keep dumping money into these accounts and get on with my ...
by john4546
Fri Jan 26, 2018 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account investing for high income tax bracket investors
Replies: 18
Views: 1733

Re: Taxable account investing for high income tax bracket investors

What about VTMFX Vanguard Tax Managed Balanced Fund Admiral (.09%)? I prefer the fixed 60/40 portfolio allocation, which I intend to hold for life. I also want international exposure. I would also like to include treasury bonds, which total bond market holds as well due to less risk compared to mun...