Search found 34 matches

by jlhod1
Tue Apr 10, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1147
Views: 690863

Re: Simba's backtesting spreadsheet [a Bogleheads community project]

Had same problem when trying again with Safari, but worked fine with Firefox thanks!
by jlhod1
Tue Apr 10, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1147
Views: 690863

Re: Simba's backtesting spreadsheet [a Bogleheads community project]

Awesome work!

Unfortunately, I cannot download the excel spreadsheet because I get a "too many redirects" error when clicking on the 17b link. Any way to link more directly to the document?

Thanks!

John
by jlhod1
Wed Feb 19, 2014 4:42 pm
Forum: Personal Investments
Topic: $1 million portfolio inWilliam Bernstein's asset allocation
Replies: 17
Views: 3856

Re: $1 million portfolio inWilliam Bernstein's asset allocat

I also use a model similar to the Merriman Ultimate Buy and Hold. If you are looking to simplify, there is a long thread on a simplified version of that called "Simplified Ultimate Buy and Hold". See http://www.bogleheads.org/forum/viewtopic.php?t=38374 I have recently added Total International Bond...
by jlhod1
Sat May 25, 2013 7:05 am
Forum: Personal Investments
Topic: Need opinions about my broker's strategy
Replies: 45
Views: 3429

Re: Need opinions about my broker's strategy

I'm just not convinced its a viable alternative to buy and hold, which is why I'm here asking for opinions. Thanks to everyone for their input. I'll be sending a notice to the broker this weekend to cease trading.Stan There is NO viable alternative to buy and hold. That much is clear. The only ques...
by jlhod1
Fri May 24, 2013 4:27 pm
Forum: Personal Investments
Topic: Need opinions about my broker's strategy
Replies: 45
Views: 3429

Re: Need opinions about my broker's strategy

William Bernstein is revered (correctly) on these boards. This article from last fall is especially topical for your current predicament: http://money.cnn.com/2012/09/04/retirement/investing-mistakes.moneymag/index.html Quotes: "I began to understand this point 10 or 15 years ago, but now I'm convin...
by jlhod1
Sat Feb 12, 2011 8:21 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1147
Views: 690863

Simba Risk - revisited

Simba Risk, I love it! I actually think the bigger risk is for the user who creates a portfolio that ends up so curve fitted that they fail to remember that rule #1. Namely, an a priori assumption that you can never know what will do best in the future, so you must own a lot of asset classes. For me...
by jlhod1
Sat Jan 29, 2011 1:29 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1147
Views: 690863

Bills

That is about right. Here is the return of the ST T-Bill index from Vanguard:

https://personal.vanguard.com/us/funds/ ... st=tab%3A1


2.64% in 2010
by jlhod1
Fri Jan 07, 2011 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: VGTSX Vs VWFIX: Vanguard Analyst
Replies: 38
Views: 15883

I would convert to VEU and add all new money to VTIAX, or for simplicity take the 0.05% ER hit and add all new money to VEU, which may get cheaper as assets increase anyway.
by jlhod1
Wed Jan 05, 2011 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: VGTSX Vs VWFIX: Vanguard Analyst
Replies: 38
Views: 15883

RE: Tax efficiency

Taylor,

Thanks!


John
by jlhod1
Tue Jan 04, 2011 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: VGTSX Vs VWFIX: Vanguard Analyst
Replies: 38
Views: 15883

Tax efficiency VEU vs VGTSX

I recently re-read some of Bernstein's 4 pillars and he suggested that int'l funds be held in sheltered accts when possible. But marketwatch ranks VGTSX as "5" for tax efficiency. Do the changes to the fund in 2010 make it as efficient as a 500 fund? Comparing VEU to VGTSX how are they on the tax ef...
by jlhod1
Tue Jan 04, 2011 10:29 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1147
Views: 690863

2010 data?

Is anyone working on a revision of this wonderful tool that includes 2010 data?
by jlhod1
Sat Feb 27, 2010 6:32 pm
Forum: Personal Investments
Topic: Simple Portfolio
Replies: 11
Views: 3124

Why active, why skewed, why so few bonds

To me the portofolio x-ray of this asset allocation leaves a lot to be desired, not to mention that most on this board don't feel that active management is worth the higher price than indexes. First and foremost, assuming this all your holdings, you have only 16% bonds (I assumed 50% star, 25% each ...
by jlhod1
Thu Oct 01, 2009 3:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds
Replies: 36
Views: 7926

I disagree. They are not agressive enough. They have a paltry almost meaningless allocation to emerging markets of something like 1.7% and they are dragging a barrel in the water with 5.0% PMM in the TR Income Fund. I've enjoyed the critique which is well-measured and accurate. One can't get Admira...
by jlhod1
Thu Oct 01, 2009 1:54 pm
Forum: Investing - Theory, News & General
Topic: RE: The ulimate in non-Boglehead thinking
Replies: 9
Views: 1470

RE: The ulimate in non-Boglehead thinking

Anyone will recognize this tripe as the antithesis of Boglehead, F&F, MPT and EMH thinking. Pure speculation!!
by jlhod1
Thu Oct 01, 2009 1:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds
Replies: 36
Views: 7926

TR offers a simple package all in one portfolio. They are useful to those starting out that can't buy into the minimums of the individual funds. They do not suit all tastes, for those that want to tilt toward small/value / REIT but those are minor issues. Please see Vanguard Target Retirement Funds...
by jlhod1
Thu Oct 01, 2009 10:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds
Replies: 36
Views: 7926

This question comes up from time to time and it always occurs to me that this is ironically probably a bad place for it. TR is a good fund, and if chosen properly(based on AA rather then the target date which is, IMHO, overly agressive just like every lifecycle fund I know) and funded properly, is ...
by jlhod1
Thu Oct 01, 2009 9:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds
Replies: 36
Views: 7926

Re: Not in love with the TR funds

As a 45 year old, I was "happily" ignorantly invested heavily in TR funds for the past few years as I concentrated on parenthood my business, etc. Since they are considered balanced funds, and are Vanguard funds to boot, I failed to properly understand the highly aggressive (IMHO) stock bond mix in...
by jlhod1
Wed Sep 30, 2009 9:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds
Replies: 36
Views: 7926

Not in love with the TR funds

As a 45 year old, I was "happily" ignorantly invested heavily in TR funds for the past few years as I concentrated on parenthood my business, etc. Since they are considered balanced funds, and are Vanguard funds to boot, I failed to properly understand the highly aggressive (IMHO) stock bond mix in ...
by jlhod1
Thu Sep 24, 2009 8:45 am
Forum: Personal Consumer Issues
Topic: New Orleans - Must see/do
Replies: 35
Views: 4155

Re: New Orleans - Must see/do

My wife and I are going to New Orleans this weekend. I may never make it back. What do I NEED to see/do? Any ideas will be greatly appreciated. Get out of the French Quarter and see the "real" New Orleans that those of us that live or have lived there love. The Garden district, Uptown and Lakefront...
by jlhod1
Thu Sep 24, 2009 8:36 am
Forum: Personal Consumer Issues
Topic: New Orleans - Must see/do
Replies: 35
Views: 4155

I am going there too around Thanksgiving. What can I do with a 4-year-old boy to have fun? Any suggestions? Children's museum (warehouse district). Audobon Zoo (uptown), Aquarium of the America's (riverwalk area). Watch the paddleboats on the Miss from the riverwalk area or ride one. you can do the...
by jlhod1
Thu Sep 10, 2009 7:21 pm
Forum: Investing - Theory, News & General
Topic: Automatic Rebalancing Tool
Replies: 14
Views: 3924

LB vs LV

Thanks! Never thought of the lower correlation of LV vs LB compared with SV. That makes a lot of sense!

John
by jlhod1
Thu Sep 10, 2009 8:53 am
Forum: Investing - Theory, News & General
Topic: Automatic Rebalancing Tool
Replies: 14
Views: 3924

LB vs LV

Trev, This is a little off topic, but just curious as to why you choose large blend instead of large value for that portion of your equity mix? My current mix is: LV (VIVAX) 12.5% SV (VISVX) 12.5% ILV (VTRIX) 12.5% IS (VSS) 12.5% REIT (VGSIX) 10% Commodities (DJP) 10% Bonds equally split among inter...
by jlhod1
Wed Sep 09, 2009 8:54 pm
Forum: Investing - Theory, News & General
Topic: Automatic Rebalancing Tool
Replies: 14
Views: 3924

Other Options

You can also use the balanced index fund to maintain a 60/40 balance, Wellington to maintain about 65/35 with global diversification (and, unfortunately, active management) and Wellesley for 40/60. Then there are all the TR funds, where you can pick your retirement horizon to match the stock/bond al...
by jlhod1
Sun Sep 06, 2009 8:24 pm
Forum: Investing - Theory, News & General
Topic: The Death of Efficient Market Theory?
Replies: 66
Views: 8457

The Death of Efficient Market Theory?

Thought this was a very interesting read, long but very interesting. Specifically mentions Fama at least two times. http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html?pagewanted=1&_r=1&em My personal theory is that markets are truly "efficient" if you account for the irrationality and herd...
by jlhod1
Sun Sep 06, 2009 12:31 pm
Forum: Investing - Theory, News & General
Topic: Investment Bankers at it Again
Replies: 22
Views: 3642

Investment Bankers at it Again

Here is a link to todays NYTimes showing bankers coming up with a new securitization scheme.

http://www.nytimes.com/2009/09/06/busin ... ml?_r=1&em

As Larry Swedroe says, the more complex it is, the more likely it is to benefit the seller not the buyer.
by jlhod1
Sat Aug 22, 2009 12:19 pm
Forum: Investing - Theory, News & General
Topic: RE: Simba spreadsheet
Replies: 3
Views: 1239

Thanks!

:D
by jlhod1
Fri Aug 21, 2009 8:49 pm
Forum: Investing - Theory, News & General
Topic: RE: Simba spreadsheet
Replies: 3
Views: 1239

RE: Simba spreadsheet

Couldn't find the answer to this question, but want to be sure that when I am looking at Simba's spreadsheet that returns are adjusted for the expense ratio of the various funds. I cannot imagine that on this forum (of all places) that they would not be included, but I wanted to double check. Thanks...
by jlhod1
Tue Aug 18, 2009 10:01 am
Forum: Investing - Theory, News & General
Topic: What is your foreign-bond asset allocation?
Replies: 119
Views: 20168

This was a very interesting read. What type of options would one consider in a "long-short" fund? EDIT: Never mind! A cursory reading of the different options out there tell me there is no way in HE!! that I would consider one of these funds! John Surprisingly, VG does not offer a single low-cost in...
by jlhod1
Sat Aug 08, 2009 7:12 pm
Forum: Investing - Theory, News & General
Topic: Mid cap value?
Replies: 6
Views: 1733

Mid cap value?

Looking at the Mid-Cap indexes from Vanguard and their P/E ratios and P/B ratios: MCG 21.6 and 2.7x MCB 25.4 and 1.7x MCV 30.9 and 1.2x Why does there seem to be an inverse relationship between P/E and P/B values? Also is there any merit in the idea that you can own fewer funds (simplify) and use Mi...
by jlhod1
Fri Aug 07, 2009 4:36 pm
Forum: Investing - Theory, News & General
Topic: Wrong Kind of Diversification - L. Swedroe article
Replies: 14
Views: 3872

Does Larry even do fee only services for individuals? I thought his firm was an advisor to advisors, if that is the correct way to say it?

John
by jlhod1
Thu Aug 06, 2009 5:33 pm
Forum: Investing - Theory, News & General
Topic: From DFA-some interesting data
Replies: 27
Views: 4862

larryswedroe wrote:Balanced funds should never be used by those with a choice of location because you will hold either your equities or bonds in the wrong location
and they are not generally tax managed (for taxable accounts)
Thanks!
by jlhod1
Thu Aug 06, 2009 12:50 pm
Forum: Investing - Theory, News & General
Topic: The unfortunate math of the stock market
Replies: 76
Views: 11666

Wow, except for 2008 which would have been a disaster for a 4% w/d retiree that is great performance. Now tell me that it was actually recommended since the beginning of 1991 and that the author actually held that portfolio since 1991? Is that the case? A good brief blurb of Bill and when he began ...
by jlhod1
Thu Aug 06, 2009 12:30 pm
Forum: Investing - Theory, News & General
Topic: From DFA-some interesting data
Replies: 27
Views: 4862

Rebalancing

Larry's comment dovetails nicely with the comments on another thread that talks about how difficult it can be in the real world to re-balance, especially if you are not adding new money (ie retired, out of work, or just lower income due to the recession). This seems to make a good case for a fund th...
by jlhod1
Wed Aug 05, 2009 9:15 pm
Forum: Investing - Theory, News & General
Topic: From DFA-some interesting data
Replies: 27
Views: 4862

IMO the purpose of rebalancing is to control risk. If you agree then you should also agree that there is no logic to TIME BASED rebalancing methodologies. They should be risk based---based on style drift away from plan. Larry, Is there any minimum amount of time that you will wait between rebalanci...