Search found 22964 matches

by Taylor Larimore
Wed Jan 17, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 151
Views: 14653

Re: Anyone disenchanted with retirement? -- Not me.

Just hit 7 years in retirement and things seem to be going fast, but well for me. Was wondering if anyone has been disappointed with retirement and maybe went back to work, and went did that hit? tennisplyr: I retired 36 years ago at the age of 57. Unquestionably one of the best decisions of my lif...
by Taylor Larimore
Wed Jan 17, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 9901

Re: GE - a good value?

So please tell me what's wrong with my approach or with GE? fblade007: From my own long experience, and the opinion of many experts, it is a mistake to invest in individual stocks. You can read "why" here: Alpha Architect: "Between 1983 and 2006, around 73% of firms had a drawdown larger than 50% (...
by Taylor Larimore
Tue Jan 16, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 2971

Tax-Efficiency

triceratop:

Thank you for your hard work on "tax-efficiency." It is much appreciated.

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 15, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 2971

Re: “Better Buy” Total US or International ?

How about the tax efficiency on the VWO (emerging market index)? Genefl: Morningstar ranks VWO somewhat less tax-efficient than Vanguard Total International (VGTSX). Personally I would not bother with VWO inasmuch as Total International already holds emerging market stocks. Strive for simplicity--n...
by Taylor Larimore
Mon Jan 15, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2008
Views: 1222168

A 100% stock portfolio

The reason we don't want bonds is we are both teachers and will be able to comfortable be able to live off of both of our pensions. bg5: In my opinion, it is acceptable to have a 100% stock portfolio when the investor is reasonably certain the portfolio will not be needed for personal retirement or...
by Taylor Larimore
Mon Jan 15, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 2971

Re: “Better Buy” Total US or International ?

Very interesting discussion. The Vanguard Target funds seem to all be around 40% international for their stock allocations. Within a taxable account, are there pros or cons from a tax standpoint with regards to total US (VTSAX) vs total international (VTIAX)? Thanks! genefl: I believe that Total In...
by Taylor Larimore
Sun Jan 14, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2087

Re: Do you correct cashier mistakes?

This happens from time to time, so do you correct cashier mistakes? Normally it's a missing beer on a tab. Perhaps a grocery item. Yesterday it was an oil change, where I was quoted $19.99 over the phone, then $48.99 at the store (car takes a few extra quarts), only for a different mechanic to chec...
by Taylor Larimore
Thu Jan 11, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: When to Rebalance
Replies: 7
Views: 417

Re: When to Rebalance

I have my retirement money invested in 60% Stocks and 40% Bonds and plan to rebalance periodically. What is the rule of thumb for when to rebalance. Currently I'm at about 62% Stocks and 38% Bonds. Thanks. nc700: I no longer "rebalance." I am in retirement. Money that I cannot afford to lose is in ...
by Taylor Larimore
Thu Jan 11, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Antarctica [anyone traveled there?]
Replies: 34
Views: 2706

Re: Antarctica [anyone traveled there?]

Has anyone been there? Your thoughts on it. We are going with Tauck on Ponant Le Boreal. BrewOx: Welcome to the Bogleheads Forum! Yes, I have been to Antarctica. It is an unforgettable experience. My son, Jeffrey, is currently aboard the Holland America "Prinsendam" on his way to Antarctica. We bot...
by Taylor Larimore
Thu Jan 11, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Any books after receiving a windfall?
Replies: 6
Views: 483

Re: Any books after receiving a windfall?

investing1012 wrote:
Thu Jan 11, 2018 10:49 am
Are there any books the bogleheads would recommend for managing a windfall?
Investing 1012:

Chapter 15 in "The Bogleheads' Guide to Investing" is titled: "How to Manage a Windfall Successfully."

Best wishes.
Taylor
by Taylor Larimore
Thu Jan 11, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Who Reads Mutual Fund Annual Reports
Replies: 7
Views: 376

Re: Who Reads Mutual Fund Annual Reports

I have several mutual funds and around this time I become more aware that maybe I should be reading them instead of filing them in the round file. I do glance at them but other than taking note of the "Average Annual Return % " there is not much else I gleam from them. Would like to know how other ...
by Taylor Larimore
Wed Jan 10, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3090

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

There must be something wrong with me. We opened 5 accounts with Scottrade in 3rd qtr of 2015. Here it is almost 2.5 years later and Scottrade has never called or written us with a suggestion to buy or sell anything. neilpilot: Scotttrade is currently "joining" TD Ameritrade featured in the article...
by Taylor Larimore
Wed Jan 10, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3090

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

Even Vanguard is not completely innocent. It appears that Vanguard has been promoting Vanguard PAS especially for their Flagship customers. Their CFPs have also highly recommended international bond funds and international stock funds even though some of their customers previously indicated that th...
by Taylor Larimore
Wed Jan 10, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2008
Views: 1222168

The Three-Fund Portfolio vs Schwab Robo Advisor Portfolio

Bogleheads: Allan Roth, CFA, CFP, author and fee-only advisor, has written an article for ETF.com comparing his own Three-Fund Portfolio with the "sophisticated" Schwab Robo Advisor Sixteen-Fund Portfolio. This is Allan's last paragraph: So, is the Schwab Intelligent Portfolio smarter than the Secon...
by Taylor Larimore
Wed Jan 10, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1464

Re: Kenmore Washer Dryer

Looking at new Kenmore washer dryer which the salesman says has been LG for many years. We thought it was mostly Whirlpool like the dishwashers. Not so. Anyone have anything good or bad to say about LG washer/dryers? Will go buy the Whirlpool brand elsewhere if need be. rvflyer: My dad was manager ...
by Taylor Larimore
Wed Jan 10, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3090

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

https://www.wsj.com/articles/advisers-at-leading-discount-brokers-win-bonuses-to-push-higher-priced-products-1515604130 "At Fidelity, Schwab and TD Ameritrade, employees win extra pay or other incentives to put clients in products that are more lucrative for them, and the firm. Customers may end up...
by Taylor Larimore
Wed Jan 10, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Magazine
Replies: 17
Views: 1766

Re: Personal Finance Magazine?

I currently subscribe to Kiplinger Retirement Report monthly magazine. For those of you who subscribe to Personal Finance magazines, which do you prefer and why? TinyTim: Like all the others (so far), I have learned to never use Personal Finance magazine recommendations to buy specific securities. ...
by Taylor Larimore
Wed Jan 10, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: VTIAX VS VFWAX
Replies: 4
Views: 1156

Re: VTIAX VS VFWAX

AHOD wrote:
Wed Mar 29, 2017 12:55 am
VFWAX and VTIAX appear very similar.
Is there any major difference?
If not, why are there both?
AHOD:

Few of us have memorized ticker symbols. You will get more replies if you add the fund names. Use the "edit" button at the top of your window.

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Jan 10, 2018 10:36 am
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 280
Views: 47017

Re: South Florida Local Chapter

thekro wrote:
Wed Jan 10, 2018 10:17 am
I will try to attend :happy
thekro:

The Larimore family are bringing sandwiches for each Boglehead attending. Please let Mariam2 know as soon as possible if you are attending so that we know how many sandwiches to bring.

Thank you and best wishes.
Taylor
by Taylor Larimore
Tue Jan 09, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20633

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

One of the few times I am not going to feel bad deviating a thread, but was hoping Taylor could add to why he chose this move to free up equity in the house vs. HELOC vs. reverse home mortgage. Not looking for in depth analysis, but just curious in a person like Taylor's situation why one option wo...
by Taylor Larimore
Tue Jan 09, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20633

Re: 2 reasons the elderly might pay-off a mortgage

The older you are the more sense it makes sense to pay off mortgage. Sorry, this is not always true. For example (I'm 93), even though I could afford to pay-off my mortgage, I chose to refinance with a larger (low interest) mortgage. Here's why: * A large part of my net-worth was tied-up in my home...
by Taylor Larimore
Tue Jan 09, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 14
Views: 1547

Beating all-market index funds?

That's what I am trying to figure out and see if there are any proven scenarios that will do better than a 3 portfolio asset allocation model. silver65: Sorry to disappoint you but there are absolutely no "proven scenarios that will do better (or worse) than The Three-Fund Portfolio . This is becau...
by Taylor Larimore
Tue Jan 09, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20633

2 reasons the elderly might pay-off a mortgage

The older you are the more sense it makes sense to pay off mortgage. Sorry, this is not always true. For example (I'm 93), even though I could afford to pay-off my mortgage, I chose to refinance with a larger (low interest) mortgage. Here's why: * A large part of my net-worth was tied-up in my home...
by Taylor Larimore
Tue Jan 09, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2008
Views: 1222168

The Three Fund Portfolio tops 8 Professionally designed Lazy Portfolios

Bogleheads: The Bogleheads Three-Fund Portfolio, the same as Allan Roth's Second Grader Starter Portfolio , continues to beat seven other professionally designed Market-Watch Lazy Portfolios over the past 1-yr; 3-yrs; 5-yrs. and 10-years (the 10-year period contains both a bad bear market and a long...
by Taylor Larimore
Mon Jan 08, 2018 10:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 2906

Re: Livesoft at 58,000 posts! WOW!

Livesoft:

It is an honor and privilege for you to be our maximum-post contributor in Mr. Bogle's crusade "To give ordinary investors a fair shake."

58,000 posts: WOW!

Thank you and best wishes.

Taylor
by Taylor Larimore
Mon Jan 08, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 6 Fund recommendation
Replies: 13
Views: 2186

Re: Vanguard 6 Fund recommendation

boyntonstu wrote: Even horse racing relies on past performance.
Investing is not "horse racing." These experts explain:

What Experts Say About Past Performance

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 6 Fund recommendation
Replies: 13
Views: 2186

The Three-Fund Portfolio

boyntonstu:

The Yahoo recommended portfolio is probably better than most--but consider this portfolio with its additional advantages:

THE THREE FUND PORTFOLIO

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Patience And Diversification Crucial
Replies: 51
Views: 6144

FundX Momentum Fund

Bogleheads: I became interested in "momentum" investing many years ago as I watched the first momentum fund called "Fund X" which started-out by outperforming most mutual funds. From their website: "The Funds employ an “Upgrading” strategy whereby investment decisions are based on near-term performa...
by Taylor Larimore
Mon Jan 08, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2218

Re: Asset allocation for large sum

My question is a bit different - if I get in I will not bail. I admit it requires nerves of steel. The question is if I want to have moderate exposure in this market, considering most are assessing the likelihood of a pullback to be more than a good chance, what mix should I aim for ? And I know wh...
by Taylor Larimore
Mon Jan 08, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6223

"Jack Bogle and Vanguard’s $5,000,000,000,000 Question"

Bogleheads:

The Philadelphia Inquirer recently published this excellent article about Jack Bogle and Vanguard.

Jack Bogle and Vanguard’s $5,000,000,000,000 Question

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Smallest % worth Allocating in your Portfolio
Replies: 30
Views: 1972

Re: Smallest % worth Allocating in your Portfolio

I see some people post where they've sliced and diced down to some 2.2% allocation in say intl mid-cap value funds, that strikes me as a bit extreme. At the same time if I were looking to make REIT funds a standalone portion of my portfolio what would be the least meaningful position I could take t...
by Taylor Larimore
Mon Jan 08, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 103
Views: 10155

Re: Small cap value vs. total market?

But, like several others I am hedging my bets with a mix of cap weighted index funds, tilts and alts. This time really might be different. Or not.
Top 99%:

Please read my "Simplicity" link below.

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 08, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 48
Views: 8741

Re: Any thoughts on The Aurora Report? [Arora Report]

I am just researching at this time and trying to learn. At my age, I can not afford to make a mistake. If I make a mistake I do not have time to make it back. larryslocum1982: For several years I would go once a month to the Miami and Ft. Lauderdale libraries to read investment newsletters (not man...
by Taylor Larimore
Sun Jan 07, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 48
Views: 8741

Re: Any thoughts on The Aurora Report? [Arora Report]

Since I did not have time before and now do not have great expertise in investments, I want to be open to new ways of investing other than indexing.
Larry:

Be careful what you wish for.

Best wishes.
Taylor
by Taylor Larimore
Sun Jan 07, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: 2017 Callan Periodic Table of Investment Returns
Replies: 34
Views: 4007

Re: 2017 Callan Periodic Table of Investment Returns

Triceratop: Thank you for posting The Callan Periodic Table of Investment Returns. In my opinion, the Callan Table offers the single best illustration of the importance of: 1. Diversification 2. Total market index funds. Don't look for the needle. Buy the haystack. -- Jack Bogle Best wishes. Taylor
by Taylor Larimore
Sun Jan 07, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Patience And Diversification Crucial
Replies: 51
Views: 6144

The total market contains all factors

A TSM portfolio only has exposure to one factor, the market factor. One can potentially diversify across factors: market, size, value, profitability, momentum. Random Walker: It seems to me that a total market portfolio by definition must already contain market factors. Factor proponents simply ove...
by Taylor Larimore
Sun Jan 07, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5953

Re: Does the 3 fund portfolio seem somewhat flawed?

WIllthrill81:

I apologize if my reply upset you. I was simply responding to your statement that "I care about returns" by showing you actual returns compared with other professional portfolios.

Past performance does not guarantee future performance.

Let's move on.

Best wishes.
Taylor
by Taylor Larimore
Sun Jan 07, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5953

Re: Does the 3 fund portfolio seem somewhat flawed?

Why would I care about buying "the entire market" as defined by market capitalization if it's likely to lead to sub-optimal returns? I don't really care what I own; I care about returns. Willthrill81: You may be interested in "MarketWatch Total Returns For 8 Lazy Portfolios" -- all designed by prof...
by Taylor Larimore
Sun Jan 07, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2008
Views: 1222168

"Three-Fund Portfolio 2017 Update"

Bogleheads:

Barry Barnitz is the talented editor of the Boglehead "Financial Page." He has just published the latest update for The Three-Fund Portfolio:

Three-Fund Portfolio 2017 Update

Thank you, Barry!

Best wishes.
Taylor
by Taylor Larimore
Sat Jan 06, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Check out this Portfolio Allocation! Is it too crazy? Thanks!
Replies: 7
Views: 415

Re: Check out this Portfolio Allocation! Is it too crazy? Thanks!

Padawan Investor:

Welcome to the Bogleheads Forum!

I think you will be pleased with the simplicity and many advantages of The Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Sat Jan 06, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5953

"The enemy of a good plan"

yarnandthread wrote:
Sat Jan 06, 2018 6:02 am
So even though it TECHNICALLY owns the whole market, it truly is a large cap fund.
Bogleheads should feel confident owning the biggest and most successful companies in the world.
The enemy of a good plan is the search for a better plan. -- Jack Bogle
Best wishes
Taylor
by Taylor Larimore
Sat Jan 06, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5953

"A Perverse Human Characteristic" -- Warren Buffett

RRAAYY3 wrote:
Sat Jan 06, 2018 1:28 pm
I have no idea why people insist on making something so wonderfully simple more complicated.
RRAAYY3:

There is great truth in your observation. Warren Buffet agrees:
"There seems to be some perverse human characteristic that likes to make easy things difficult."
Best wishes.
Taylor
by Taylor Larimore
Sat Jan 06, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed New Investor. Need Advice on Vanguard portfolios, please.
Replies: 11
Views: 1326

"If You Can--How Millennials CAn Get Rich Slowly"

RileyIgnatious8:

Welcome to the Bogleheads Forum!

I also recommend Dr. Bill Bernstein's great little book, "If You Can."

The PDF link by BL can be read in less than an hour. Dr. Bernstein recommends The Three-Fund Portfolio with its many advantages.

Best wishes
Taylor
by Taylor Larimore
Sat Jan 06, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5953

Re: Does the 3 fund portfolio seem somewhat flawed?

The 3 fund portfolio uses the Total US stock market (ex. VTSAX or VTI) as one of the 3 components. Given that roughly 83% of the VTSAX/VTI is concentrated in the largest 500 companies by market weight, it closely approximates the S&P 500. So even though it TECHNICALLY owns the whole market, it trul...
by Taylor Larimore
Sat Jan 06, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 103
Views: 10155

Rebalancing -- Definition

...isn't "rebalancing on it's volatility" just a fancy way of timing the market and short term trading? Why yes it is. Bogleheads: Sometimes the purpose of "rebalancing" is misunderstood. This is Investopedia's definition (underline mine): Rebalancing is the process of realigning the weightings of ...
by Taylor Larimore
Fri Jan 05, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Adding a bit of complexity to a portfolio
Replies: 6
Views: 406

Re: Adding a bit of complexity to a portfolio

Emergency funds: 6-7 months Debt: none Tax filing: Married filing jointly Rate: 35% Federal, 6.37% State (New Jersey) Age: 44 Desired allocation: 70% stocks/ 30% bonds Intl. allocation: 25-30% Annual contributions: max one 401k, and two Roth IRAs (backdoor) and add close to $100k to taxable Retirem...
by Taylor Larimore
Fri Jan 05, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 103
Views: 10155

Re: Small cap value vs. total market?

Will someone please show me performance statistics that show that retail small cap value mutual funds have outperformed retail small cap blend mutual funds over periods of time more than 15 years. I tilt toward small caps, but don't buy the small cap value argument. I think that the key is small ca...
by Taylor Larimore
Fri Jan 05, 2018 10:18 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5692

Re: Misuse of adverse when averse was meant

Bogleheads: I understand that when I see poor English verbiage on the forum it is probably because the writer had a poor education (not their fault) or, more likely, is a citizen whose English is not their first language. I have admiration for anyone who has mastered proper English. I have trouble w...
by Taylor Larimore
Fri Jan 05, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: "The Boglehead Philosophy"
Replies: 8
Views: 835

"The Boglehead Philosophy"

Bogleheads: During this first week in the new year I believe it will be helpful for all of us to review " The Boglehead Philosophy " based on the experience and wisdom of our great mentor, John C. Bogle. We began using The Boglehead Philosophy shortly after we moved our securities to Vanguard in 198...