Search found 18 matches

by realfan
Wed Sep 02, 2020 1:22 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 156
Views: 22859

Re: Ark Funds

I follow a four fund philosophy - the Boglehead Three Fund Portfolio plus REITS (VNQ). Outside of that, I have about one percent of my portfolio in what I would call public venture capital and that portfolio is comprised of a handful of stocks and ARKG, ARKW and ARKQ.
by realfan
Sat Apr 18, 2020 4:15 pm
Forum: Investing - Theory, News & General
Topic: My Road to Investment Success
Replies: 30
Views: 4239

Re: My Road to Investment Success

Dear Mr. Larimore, You do not know me and it is unlikely that we will ever meet. However, the influence that you have had upon me, my immediate family and close circle of friends has been profound. I have an MBA from a top five US educational institution. I live in NY and have been in business manag...
by realfan
Wed Aug 17, 2011 8:49 am
Forum: Personal Investments
Topic: Private versus Public Equity
Replies: 15
Views: 2272

I have received a few PMs as well from folks encouraging me to not use any leverage. Not surprising, but let me offer the case for the other side. 1. [sarcasm]The average BH would rather be poor than use leverage, and irrationally so. [/sarcasm] If you don't believe me, look at this poll and then r...
by realfan
Tue Aug 16, 2011 5:10 pm
Forum: Personal Investments
Topic: Private versus Public Equity
Replies: 15
Views: 2272

I would suggest formulating a strategy - including a solid exit strategy - and implementing it. If your strategy includes a bit of leverage, so be it. This can be justified when we have been promised ultra-low interest rates for a couple of years. If I were in your shoes, I'd seriously consider som...
by realfan
Tue Aug 16, 2011 3:44 pm
Forum: Personal Investments
Topic: Private versus Public Equity
Replies: 15
Views: 2272

I think this is wise. As you say, the big advantage to private equity is partially the opportunity but it's also the giant tax break you/they get (can deduct interest expense at the company level, then all investment tax rates on returns, etc). But no reason to use leverage for this purpose. Is the...
by realfan
Tue Aug 16, 2011 3:00 pm
Forum: Personal Investments
Topic: Private versus Public Equity
Replies: 15
Views: 2272

Rwwoods - thanks for the response. I have received a few PMs as well from folks encouraging me to not use any leverage. I can say this - yes, I would highly consider investing in some of the funds offered by my firm if I was an outsider. As these funds are all institutional only and therefore requir...
by realfan
Tue Aug 16, 2011 7:56 am
Forum: Personal Investments
Topic: Private versus Public Equity
Replies: 15
Views: 2272

Private versus Public Equity

I work at a large private equity firm. I am a committed Boglehead and have spent the last decade paying down my mortgage and converting my retirement and non retirement portfolios to broad index funds. I have simplified my investments and due to folks on this board I feel in control of my destiny. I...
by realfan
Mon Feb 14, 2011 4:03 pm
Forum: Investing - Theory, News & General
Topic: When Genius Failed: Long Term Capital Management
Replies: 54
Views: 8496

Just wanted to add my endorsement of When Genius Failed. I read it when it first came out and recently reread it for kicks. I, too, have enjoyed The Big Short, Lords of Finance (won the Pulitzer I believe), Barbarians at the Gate, Lowenstein's biography about Warren Buffet, and several other Michael...
by realfan
Thu Aug 19, 2010 8:26 am
Forum: Personal Investments
Topic: PIMCO Total Return vs. Vanguard Total Bond Index
Replies: 62
Views: 20935

I own Vanguards Ttl Bnd Idx and their Intermediate Term Index. I do so because the mix has a longer duration and higher risk/ return profile than the Total Bond Index has and that is what I want. I know what it is and accept the risks. My ER is about .15%. I have access to Pimco's total return and ...
by realfan
Wed Aug 18, 2010 4:57 pm
Forum: Personal Investments
Topic: 401k Transfer to Vanguard
Replies: 10
Views: 1363

I just did this very exercise last week. My old 401(k) was with Fidelity. I opted to pay for an express mail check which cost me an extra $20. The check arrived on Friday. I then went to the post office immediately and paid $10 for an express mailing to Fidelity. In order to initiate this transactio...
by realfan
Mon Aug 16, 2010 9:22 pm
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Thanks all for your advice. For now, this is where I have landed: Total U.S. Market VTSAX 118,224 Tax Managed Intl VTMGX 62,139 Emerging Markets VWO 50,756 High Yield Tax Exempt VWALX 101,468 His IRA - Vanguard Total Bond Market VBTLX 238,219 Her 401(k) - S&P 500 500 Index SWPPX 284,490 Her 401(...
by realfan
Mon Aug 16, 2010 9:03 am
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Hi All, After a week off of relaxation, I am back to the real world. I wanted to supplement some of the information provided above and advise on what I am thinking of doing: 1) First, the fixed income options in my wife's 401(k) are fairly simple. There is one choice - Pimco Total Return with ER of ...
by realfan
Tue Aug 10, 2010 11:22 pm
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Re: Long Time Lurker, First Time Poster at Bogleheads

Thanks everyone for the good advice thus far. Let me answer some questions and pose a couple of new ones: 1) I posed a 70/30 stock/bond allocation and then failed to mention that I have aggressively been paying down a 5% mortgage the past few years. When it comes time to make new investments every ...
by realfan
Sat Aug 07, 2010 6:29 pm
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Two more quick questions as I go about analyzing my investments. 1) Where do you place cash in your asset allocation? Does it have its own category? 2) How about company stock? I work for a small publicly traded company and have some restricted shares that vest over six years in equal installments. ...
by realfan
Sat Aug 07, 2010 10:43 am
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

One tenet that is often recommended on this forum is to look at your accounts as one portfolio. For example, your spouse's 401(k) should not be allocated 60/40 as a separate portfolio. If you want to get low fees, I see good reasons to make your spouse's 401(k) all (or mostly) the 0.09% fee S&P...
by realfan
Sat Aug 07, 2010 10:37 am
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Thanks everyone for the good advice thus far. Let me answer some questions and pose a couple of new ones: 1) I posed a 70/30 stock/bond allocation and then failed to mention that I have aggressively been paying down a 5% mortgage the past few years. When it comes time to make new investments every y...
by realfan
Fri Aug 06, 2010 8:20 am
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Re: Preliminary suggestions

Hi realfan: * I don't understand how you can rollover a 401K to Vanguard and still be employeed in a company where the 401K is with Fidelity. Some companies allow whats called an in-service rollover, but its rare. Basically, if you're under 59-1/2, you can not do an in-service rollover of employee ...
by realfan
Thu Aug 05, 2010 10:44 am
Forum: Personal Investments
Topic: Long Time Lurker, First Time Poster at Bogleheads
Replies: 25
Views: 5311

Long Time Lurker, First Time Poster at Bogleheads

Hi, I have been following this forum here and at its predecessor site at M* for almost eight years. The advice and impact on my investments from information provided by people like Taylor and Mel cannot be underestimated. I truly appreciate this community of investors which has taught me almost ever...