Search found 24144 matches

by Taylor Larimore
Tue Dec 11, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: Vangurad's 2019 Economic and Market Outlook
Replies: 18
Views: 1579

Re: Vanguard's 2019 Economic and Market Outlook

Bogleheads:

No one knows what the stock market will do. Fortunately, it doesn't matter to stay-the-course investors.

Best wishes.
Taylor
by Taylor Larimore
Tue Dec 11, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Talks About His Best & Worst Financial Bets
Replies: 3
Views: 460

Re: John Bogle Talks About His Best & Worst Financial Bets

In case you didn't see this in today's WSJ: https://www.wsj.com/articles/john-bogle-talks-about-his-best-and-worst-financial-bets-1544411400?mod=hp_jr_pos1 tvinayak: Thank you for the alert. I believe the article by Chris Kornelis was in the December 10th edition. This is the beginning of the lengt...
by Taylor Larimore
Tue Dec 11, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 207
Views: 28572

Re: Vanguard New Factor Funds Portfolio Statistics

I was disappointed that Vanguard came out with their active quant funds (in the US) as US only. I would much rather spread the tracking risk to a global fund and then it doesn't seem as noticeable. Yes, global multi-factor would be nice. asset_chaos: Jack Bogle, our mentor, does not agree with you....
by Taylor Larimore
Tue Dec 11, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?
Replies: 21
Views: 2291

"I don't see it"

Taylor - Great link! Thanks for sharing. I guess my only concern now is how positively correlated bonds are with stocks. In this environment I’ve watched BND tanking with the market, what’s happening? Are bonds not as defensive as we thought? bizkitgto: Despite all the hand-wringing, I don't see it...
by Taylor Larimore
Tue Dec 11, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Motley Fools is now for fools only?.....RIP
Replies: 16
Views: 3022

"False Profits"

Bogleheads:

Jason Zweig, one of the wisest columnists on Wall Street, is a friend of the Bogleheads who has participated in our annual conferences. In 1999 Jason wrote a revealing article about the Motley Fools. This is the link:

False Profits.

Best wishes.
Taylor
by Taylor Larimore
Tue Dec 11, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 57
Views: 4518

Re: "How Much International Stocks? A Suggestion."

Bogleheads: Two years ago I made a post suggesting that U.S. investors allocate 20% of equity in international stocks. This is the link: How Much International Stocks? A Suggestion Best wishes. Taylor It's also locked because folks couldn't stay civil... Sad conduct. Mr. Bogle would be mortified. W...
by Taylor Larimore
Tue Dec 11, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: What should a new investor being reading?
Replies: 27
Views: 1732

"Investment Gems"

I also highly recommend that a new investor would be best served by reading all of Taylor's Gems found on this site. Thank you, 2015. I can't think of a better way for investors to get the best ideas from the best authors in the shortest amount of time. This is the link: Investment Gems Best wishes...
by Taylor Larimore
Mon Dec 10, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Employer's Response: 401K Choices
Replies: 25
Views: 1661

Re: EMPLOYER'S RESPONSE: 401K Choices

Dear BH - I sent a note to my employer regarding the funds available through our 401k. We have many good choices however, for simplicities sake, I wanted to move into a target fund or LifeStrat fund. We do not have any low cost options in this regard. We really only have access to American Centry O...
by Taylor Larimore
Mon Dec 10, 2018 7:26 pm
Forum: Investing - Theory, News & General
Topic: "The 10 Worst Places To Get Investing Advice"
Replies: 57
Views: 6354

Re: "The 10 Worst Places To Get Investing Advice"

rgs92 wrote:
Mon Dec 10, 2018 7:12 pm
Great article. Thank you again Taylor for the best info.
rgs92:

Everything I know about investing came from experience and listening to experts who know more than I do.

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 10, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Article: Your love of index funds is terrible for our economy
Replies: 55
Views: 5023

Re: Article: Your love of index funds is terrible for our economy

Bogleheads: Most of the financial industry exists on the money they extract from investor returns. Jack Bogle's introduction of index mutual funds allows investors to keep nearly all their returns. This article is an ugly example of someone writing an article hoping it convinces naive investors to r...
by Taylor Larimore
Sun Dec 09, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: Low need to take risk - decrease allocation to stocks?
Replies: 42
Views: 2982

Stock and Bond Allocation

ge1:

I have a similar plan to TomatoTomahto.

Money that I cannot afford to lose is in safe fixed-income. The rest is in stocks.

Best wishes.
Taylor
by Taylor Larimore
Sun Dec 09, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: What should a new investor being reading?
Replies: 27
Views: 1732

Re: What should a new investor being reading?

Greetings All, I am a newbie to this forum. I following the 3-Fund Portfolio strategy. I would like to get recommendations/suggestions of what journals, magazines, newspapers, online resources, (besides this awesome forum) etc. I should be reading to stay informed. Thank you! Eddy Eddy: A stay-the-...
by Taylor Larimore
Sun Dec 09, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 57
Views: 4518

"How Much International Stocks? A Suggestion."

Bogleheads:

Two years ago I made a post suggesting that U.S. investors allocate 20% of equity in international stocks. This is the link:

How Much International Stocks? A Suggestion

Best wishes.
Taylor
by Taylor Larimore
Sun Dec 09, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2340
Views: 1467898

Re: The Three-Fund Portfolio

Mr. Larimore, simple question: Is there ever a bad time economically for it to be unwise for a person to enter into the three portfoliio investing philosphy? In other words, when I retire in April, should I immediately move my 401k funds over the three Vanguard funds you suggest (50%/50% at age 63....
by Taylor Larimore
Sun Dec 09, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 57
Views: 4518

"The Simple Path to Wealth" by JLCollins

.. this JL Collins fellow seems to be popping up more and more on this forum over the last week. Maybe he has a book coming out and is starting a marketing push. drk: JL Collins already has a book. It is one of my favorites. You can read many of its valuable excerpts here: The Simple Path to Wealth...
by Taylor Larimore
Sat Dec 08, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 56
Views: 17659

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

Larry Slocum: I am very skeptical that any newsletter writer can use market timing to "beat the market." Their records are dismal This is what experts say: "It's extremely rare to hear of anyone winning at it (market timing) over a period of years. Indeed, I've never heard of such a genius." (Jack B...
by Taylor Larimore
Sat Dec 08, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: "The 10 Worst Places To Get Investing Advice"
Replies: 57
Views: 6354

"The 10 Worst Places To Get Investing Advice"

Bogleheads: The reliable Physician On Fire website has an important article about getting investment advice. This is a list of the The 10 Worst Places To Get Investing Advice : 1. Your bank or credit union. 2. Your local brokerage shop. 3. Your insurance agent. 4. Your TV. 5. Your stomach (greed and...
by Taylor Larimore
Fri Dec 07, 2018 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree aka my Dad
Replies: 4
Views: 880

Re: Retiree aka my Dad

s6ZS7s I am surprised to see that Morgan Stanley has selected all low-cost funds for your Dad. I suspect he is paying a large management fee which you and he may be unaware. It is usually a mistake to recommend a portfolio for a family member. There are times when ANY portfolio will underperform -- ...
by Taylor Larimore
Fri Dec 07, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: We Are Teetering on the Edge of A DEATH CROSS
Replies: 50
Views: 8368

Very Good Advice from averagedude

When it comes to investing, all the information you need to know can be put on an index card. Technical terms like death cross, convergence divergence, bollinger bands, and dead cat bounce are terms that you can leave to the technical analysis experts. These chart monkeys don't make their money fro...
by Taylor Larimore
Thu Dec 06, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Why are market corrections "healthy"?
Replies: 27
Views: 1990

Re: Why are market corrections "healthy"?

Over the past couple of weeks, listening to TV finance broadcasts while on the treadmill at the gym, several analysts have said that the market is "due for a correction" and that a market correction is "healthy". I'd appreciate if someone would explain why market corrections are "healthy". Thank yo...
by Taylor Larimore
Thu Dec 06, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 172
Views: 12253

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

This fund is not complicated and is potentially very useful to investors who want a portfolio a little more sophisticated than a straight market-cap weighted approach. Bogleheads: “Simplicity is the ultimate sophistication.” -- Leonardo da Vinci In my opinion, and more importantly, in the opinion o...
by Taylor Larimore
Thu Dec 06, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8539
Views: 1670011

Re: U.S. stocks in freefall

The smart money has known the economy has been smoke and mirrors for 18 yrs. robertmcd: Eighteen years ago, on December 1, 2000, the S&P 500 Index was 1,350. Today it closed at 2,696--almost double (without including dividends) The " smart money " is right here by investors using The Bogleheads Phi...
by Taylor Larimore
Thu Dec 06, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Which factor funds would complete this portfolio? [carry]
Replies: 15
Views: 1225

Re: Which factor funds would complete this portfolio? [carry]

Saganesque:

You are currently 100% invested in "factor" funds and looking for more "factor" funds. I suggest caution. You can read "why" here:

Factor Investing

Best wishes.
Taylor
by Taylor Larimore
Wed Dec 05, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 88
Views: 19138

Re: Schwab Vs Fidelity Vs Vanguard

I use both Vanguard and Schwab (mostly because I don’t want to put all my eggs in one basket) and I’m equally satisfied with them. Me too. I have all my securities in one good company -- Vanguard. Here's why: 1. One familiar statement. 2. Less paperwork. 3. Easier tax preparation. 4. Avoidance of l...
by Taylor Larimore
Wed Dec 05, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8539
Views: 1670011

This is what stocks do.

Bogleheads: With 68 years of investing experience behind me, I have learned THIS IS WHAT STOCKS DO. They go up and down. Mr. Bogle, who also has many years of investing experience, gives us the simple (but not easy) answer: Design a suitable asset-allocation plan, then Stay-the-course. Best wishes. ...
by Taylor Larimore
Wed Dec 05, 2018 9:01 am
Forum: Local Chapters and Bogleheads Community
Topic: LadyGeek -- the next 10K poster!
Replies: 39
Views: 5342

Re: LadyGeek -- the next 10K poster!

Bogleheads:

No one has done more to make this the #1 financial forum on the internet.

There is a special place in heaven for people like Lady Geek.

Thank you.

Best wishes.
Taylor
by Taylor Larimore
Wed Dec 05, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Minimizing capital gains taxes when moving to low-cost funds?
Replies: 26
Views: 2987

Re: Minimizing capital gains taxes when moving to low-cost funds?

Grabiner:

Thank you for your quick reply.

If I later update my book, I'll incorporate your suggestion.

Best wishes.
Taylor
by Taylor Larimore
Tue Dec 04, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Minimizing capital gains taxes when moving to low-cost funds?
Replies: 26
Views: 2987

Re: Minimizing capital gains taxes when moving to low-cost funds?

4. If any security has a loss, consider selling and taking the tax-loss benefit. 5. If any security has a profit, consider selling up to the amount of your losses (after being held for one year to benefit from the lower capital gains tax rate). This pair of suggestions doesn't quite combine properl...
by Taylor Larimore
Tue Dec 04, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 19
Views: 1826

Re: Schwab user. Where should I put my Emergency Fund?

Hi all, I use Schwab for my Roth and investments and I'm trying to decide where to keep my emergency fund. I bank with Bank of America and am realizing I should not be letting it just sit in my savings account. The only reason being it helps maintain preferred member status. What would be a simple ...
by Taylor Larimore
Tue Dec 04, 2018 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vang Wellesley for Retirement
Replies: 37
Views: 4244

Re: Vang Wellesley for Retirement

Bogleheads:

I sense that we are succumbing to the easiest (and most dangerous) investor mistake.
Jack Bogle: "The biggest mistake investors make is looking backward at performance and thinking it’ll recur in the future."
Best wishes.
Taylor
by Taylor Larimore
Tue Dec 04, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vang Wellesley for Retirement
Replies: 37
Views: 4244

Re: Vang Wellesley for Retirement

Following is a table that shows what $100,000 invested in Wellington, Wellesley Income and various Vanguard index funds on January 1, 2000 would be worth as of November 30, 2018. (Source: Portfolio Visualizer.) $400,481 - Wellington - VWELX $370,256 - Wellesley Income - VWINX $279,045 - Balanced In...
by Taylor Larimore
Tue Dec 04, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 227
Views: 39647

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Thanks Taylor! Just purchased it and am looking forward to reading it. I have followed your 3 Fund Portfolio advice given here on the forums as best as possible given the investment choices I have available to me in my Deferred Compensation program's plan. It's been a wonderful learning and growth ...
by Taylor Larimore
Tue Dec 04, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 227
Views: 39647

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Jon:

I hope that your favorable review will encourage Bogleheads that the book will make an enduring Christmas Present. This is the Amazon link:

The Bogleheads' Guide to The Three-Fund Portfolio

All royalties go to The John C. Bogle Center for Financial Literacy.

Best wishes.
Tayor
by Taylor Larimore
Tue Dec 04, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Vang Wellesley for Retirement
Replies: 37
Views: 4244

Re: Vang Wellesley for Retirement

Isn't it more prudent to put yourself at the mercy of the whole market rather a few fund managers? I will feel more secure using balanced index funds or some combination of their components. If you can point me to somewhere in the combined 128 years of these 2 funds that they were mis-managed then ...
by Taylor Larimore
Tue Dec 04, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17877

Re: Bogle Sounds a Warning on Index Funds

Jack Bogle:

We are honored to have your participation and clarification.

I know you will enjoy reading the Boglehead responses to your latest book:

"STAY THE COURSE" by John C. Bogle -- A Gem

Please stay well.

Taylor
by Taylor Larimore
Tue Dec 04, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Minimizing capital gains taxes when moving to low-cost funds?
Replies: 26
Views: 2987

Re: Minimizing capital gains taxes when moving to low-cost funds?

Minimizing capital gains taxes when moving to low-cost funds? Tannhauser: I cover this problem in The Bogleheads' Guide to the Three-Fund Portfolio: 1. Stop making contributions into unwanted and tax-inefficient securities. 2. Stop reinvesting distributions. 3. Determine the amount of gain or loss ...
by Taylor Larimore
Tue Dec 04, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2340
Views: 1467898

"To Index Bonds or Not?"

Bogleheads: Morningstar researcher, John Rekenthaler, has written an article analyzing Vanguard Total Bond Market Index Fund -- the bond fund in the Three-Fund Portfolio. This is his Conclusion (underline mine): When comparing Total Bond Market with the leading actively run rivals, it falls slightly...
by Taylor Larimore
Mon Dec 03, 2018 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review after windfall
Replies: 8
Views: 759

Re: Portfolio review after windfall

HockeyHugs:

Welcome to the Bogleheads Forum!

I think your proposed portfolio is good: The asset-allocation appears suitable. It is very low cost and tax-efficient. Fairly simple.

Congratulations and best wishes.
Taylor
by Taylor Larimore
Mon Dec 03, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2876

Re: Can a three fund portfolio beat a fool?

TheHouse7:

May I suggest you give your father-in-law a good book on investing for Christmas.

Jack Bogle's "Little Book of Common Sense Investing" might be a good choice.

Best wishes
Taylor
by Taylor Larimore
Mon Dec 03, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 227
Views: 39647

"Review of Bogleheads Guide to the Three-Fund Portfolio"

Bogleheads:

I am pleased to learn that the well-regarded website, BeNetWorthy, wrote a favorable review of my latest book. This is the link:

Review of Bogleheads Guide to the Three-Fund Portfolio

Thank you, Jon.

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 03, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Which Indexes to Track
Replies: 8
Views: 533

Re: Advice on Which Indexes to Track

I was thinking more exposure to mid/small cap since S&P 500 is just 500 large cap companies. The logic is possibly that in the long run (30+ years) that mid/small cap could produce better returns. What do you think? Duckie12345 No one can predict which asset-class will "produce better returns." Lar...
by Taylor Larimore
Mon Dec 03, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Analysis of the Talmudic and the Boglehead Three Fund, asset class comparison, compared with a gold diversified 3 fund
Replies: 11
Views: 1410

Re: Analysis of the Talmudic and the Boglehead Three Fund, asset class comparison, compared with a gold diversified 3 fu

Benjamin Buffett wrote:I enjoy analyzing portfolios against the three fund portfolio, mostly it's enjoyable to see the three fund consistently curb stomp almost all competitors.
Benjamin Buffett:

Thank you for your post. It confirms the excellent performance of my favorite Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 03, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I moved my American Funds to Vanguard?
Replies: 16
Views: 994

Re: Should I moved my American Funds to Vanguard?

I started off my Roth IRA in 2003 at American Funds and stopped adding anymore in 2012 with a current balance of only $32,000. Since I learned "the truth" about fees and index funds", I've been investing in Vanguard only. I am holding both C share and F share. The C share has annual exp 1.5% and F ...
by Taylor Larimore
Mon Dec 03, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
Replies: 14
Views: 3706

"Have Investors Stopped Chasing Returns?"

Bogleheads: Morningstar is currently featuring an article by Kevin McDevitt, CFA: "Have Investors Stopped Chasing Returns?" The Conclusion: "For multiple reasons, investors seem to be doing more of what experts having been advocating for years: acknowledging their limitations, embracing low-cost, br...
by Taylor Larimore
Mon Dec 03, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
Replies: 14
Views: 3706

"STAY THE COURSE" by John C. Bogle -- A Gem

Bogleheads: A few days ago Mr. Bogle mailed me his twelfth book (with a valued personal message). It is titled "Stay The Course." It tells the incredible story of Jack's inspiring rise from a table-waiter to founder and CEO of the largest mutual fund company in the world. These are excerpts from thi...
by Taylor Larimore
Sun Dec 02, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 94
Views: 5938

"The Arithmetic of Active Management"

andysnip:

Welcome to the Bogleheads Forum!

Professor WIlliam Sharpe, a Nobel Laureate, helps answer your question in his famous THE ARITHMETIC OF ACTIVE MANAGEMENT

Best wishes.
Taylor
by Taylor Larimore
Sun Dec 02, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2340
Views: 1467898

Re: The Three-Fund Portfolio

My wife and I read your book and appreciate its value and wisdom. I do wish you would have discussed a drawdown strategy in retirement. May I ask do you subscribe to the standard 4% drawdown rate in retirement, or do you use a different calculation based on years left in retirement, risk tolerance ...
by Taylor Larimore
Sat Dec 01, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: How to track my portfolio performance
Replies: 7
Views: 1043

Re: How to track my portfolio performance

HomeBarista: Welcome to the Bogleheads Forum! I am a stay-the-course investor with only two Vanguard broad market index funds so there is no need to spend valuable time to "track" my portfolio. I get what the market gives. I do check my portfolio balance a few times a year for fraud or errors (never...
by Taylor Larimore
Fri Nov 30, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: What do bogleheads think of small cap value?
Replies: 37
Views: 3210

Re: What do bogleheads think of small cap value?

["quote="packer"]I am just skeptical that factor diversification is a marketing tactic using a well established concept, diversification, to sell an active (non-market weighted) investing approach.[/quote] packer: Despite the efforts of the investment industry to convince us they can "beat the marke...
by Taylor Larimore
Fri Nov 30, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2340
Views: 1467898

Re: The Three-Fund Portfolio

My wife and I recently listened to Taylor's audiobook, Bogleheads' Guide to the Three Fund Portfolio , and are new members to this site. We both greatly enjoyed the book, found it highly informative and wished we had read it a few years ago. Both of us immediately agreed with the argument for rever...