Search found 24358 matches

by Taylor Larimore
Tue Feb 19, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: To: Taylor Larimore: Early Withdrawals
Replies: 37
Views: 5646

Re: To: Taylor Larimore: Early Withdrawals

Taylor. How did you get to Vanguard and Vanguard funds with the Merrill Lynch "friend" helping you? Good Luck. btenny: A "real" friend recommended that I read Burton Malkiel's Random Walk Down Wall Street. Mr. Malkiel's book opened my eyes to the many benefits of index funds. About the same time I ...
by Taylor Larimore
Tue Feb 19, 2019 7:45 pm
Forum: Personal Investments
Topic: Taxable Account Holdings
Replies: 9
Views: 494

Re: Taxable Account Holdings

Quick question - I currently hold about $22k in VOO in my taxable account. I plan on adding $60-100k between now and December this year. I want to keep an AA of 100% stocks. What would the most tax efficient choice of funds be? Thanks in advance. umfan11244: It is very important when investing in t...
by Taylor Larimore
Tue Feb 19, 2019 6:51 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 45
Views: 6898

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

Another take is that Fidelity has a rigorous ethics and auditing program that looks for and eradicates behavior that is unethical. Put another way, no one would have ever known about this if Fidelity wasn't trying to safeguard the company and make certain that employees that are dishonest are no lo...
by Taylor Larimore
Tue Feb 19, 2019 5:58 pm
Forum: Investing - Theory, News & General
Topic: small value
Replies: 13
Views: 1351

Re: small value

the returns in this category over the last several years have been significantly below others what is the reason? prk: All stock categories have good and bad years. Jack Bogle offers us his solution: "The beauty of owning the market is that you eliminate individual stock risk, you eliminate market ...
by Taylor Larimore
Tue Feb 19, 2019 2:28 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this portfolio? (not mine)
Replies: 14
Views: 1016

Re: What do you think of this portfolio? (not mine)

GaryA505: This is a terrible portfolio. Ambassador Laura Dogu, co-author of The Bogleheads' Guide To Retirement Planning, tells us why: A simple portfolio is actually the ultimate in sophistication. It almost always lowers cost (including taxes), makes analysis easier, simplifies rebalancing, simpli...
by Taylor Larimore
Tue Feb 19, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: To: Taylor Larimore: Early Withdrawals
Replies: 37
Views: 5646

Re: To: Taylor Larimore: Early Withdrawals

Taylor. Can you tell us how you reacted to the market crash of 1987? I know it scared me badly and I made some bad decisions due to that crash. But the recovery did teach me to "stay the course".... Frankly I can't remember the "market crash of 1987." Perhaps it is because there have been 9 bear ma...
by Taylor Larimore
Tue Feb 19, 2019 11:43 am
Forum: Investing - Theory, News & General
Topic: "4 Hidden Benefits of Roth IRAs"
Replies: 1
Views: 610

"4 Hidden Benefits of Roth IRAs"

Bogleheads: Morningstar's Christine Benz has a good discussion about Roth and Traditional IRAs--and which is best for us . These are excerpts: "Being able to avoid required minimum distributions, which you are able to do with Roth IRAs, is a huge selling point in my opinion." "I recommend a Roth IRA...
by Taylor Larimore
Tue Feb 19, 2019 11:21 am
Forum: Investing - Theory, News & General
Topic: Trying to hit Robert T's factor targets in a three fund portfolio
Replies: 3
Views: 253

Re: Trying to hit Robert T's factor targets in a three fund portfolio

I will be interested to see constructive responses. Boglehead philosophy , as I understand it, is about low cost, objective/passive, stick-to-it investing. Using diversification as an ally. Taylor’s three fund portfolio is but one means to achieve that. Factor investing can be consistent with the p...
by Taylor Larimore
Tue Feb 19, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Trying to hit Robert T's factor targets in a three fund portfolio
Replies: 3
Views: 253

Re: Trying to hit Robert T's factor targets in a three fund portfolio

I was just messing around to see if it was possible, and how much it would cost. Goals: 2 Equity Funds + Intermediate Treasuries Size .2, Value .4, Momentum neutral 50/50 US/International Challenges: Finding a "Value-y" International that includes EM. (I found Dodge and Cox International (DODFX) an...
by Taylor Larimore
Mon Feb 18, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
Replies: 27
Views: 4771

Re: "Stay The Course" -- Jack Bogle's last book -- A Gem

I'll have to pick this up. On a related note, which one of his books goes into the most detail about the Wellington fund? I'm absolutely fascinated around the history of that fund. DB2: Stay The Course devotes an entire chapter to the Wellington Fund. This is probably the most complete account of a...
by Taylor Larimore
Sun Feb 17, 2019 2:22 pm
Forum: Investing - Theory, News & General
Topic: Callan Periodic Table. Is the 3 fund portfolio adequate?
Replies: 19
Views: 1161

Re: Callan Periodic Table. Is the 3 fund portfolio adequate?

Question: "Is the 3-fund portfolio adequate?" These experts answer your question: Mark Balasa, Advisor, CPA, CFP: "That three-pronged approach is going to beat the vast majority of the individual stock and bond portfolio that most people have at brokerage firms. There is a certain elegance in the si...
by Taylor Larimore
Sun Feb 17, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
Replies: 27
Views: 4771

"Stay The Course" -- Jack Bogle's last book -- A Gem

[Thread merged into here, see below. --admin LadyGeek] Stay The Course is Mr. Bogle's twelfth and last book published a few months before his death. It is the story of a remarkable man who repeatedly overcame major setbacks, including a heart transplant, to give ordinary investors "a fair shake." S...
by Taylor Larimore
Sat Feb 16, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: The WORST Morningstar Style Category In 2018
Replies: 34
Views: 2786

Re: The WORST Morningstar Style Category In 2018

By picking the TSM and only the TSM you’ve bet on 1 box of the 9 style boxes. Sorry, this is incorrect. When you pick the Total Stock Market (TSM) index fund you participate (according to market weight) on ALL Morningstar style boxes: 24% Large Cap Value 26% Large Cap Blend 27% Large Cap Growth 05%...
by Taylor Larimore
Sat Feb 16, 2019 10:46 am
Forum: Personal Investments
Topic: Am I trying to time the market?
Replies: 20
Views: 1026

Re: Am I trying to time the market?

I was going to wait until we have a significant dip in the market before investing the 150k. Startinlate: You are trying to time the market which is impossible. Read this. Your most important decision is your long-term asset-allocation plan. Once that's decided, invest your entire 150K immediately....
by Taylor Larimore
Sat Feb 16, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: The WORST Morningstar Style Category In 2018
Replies: 34
Views: 2786

The WORST Morningstar Style Category In 2018

nedsaid wrote:
Taylor, Small Cap Value is doing well this year in 2019. What's your point?
"Don't look for the needle. Buy the haystack."
Best wishes.
Taylor
by Taylor Larimore
Fri Feb 15, 2019 7:21 pm
Forum: Investing - Theory, News & General
Topic: The WORST Morningstar Style Category In 2018
Replies: 34
Views: 2786

Re: The WORST Morningstar Style Category In 2018

Which reminds me that about this time I try to check the Callan Periodic Table to see if it has been updated with last years numbers. It has. CABob: Thank you for your link to the Callan Periodic Table which shows how the relative returns of various asset classes change nearly every year. In my opi...
by Taylor Larimore
Fri Feb 15, 2019 2:16 pm
Forum: Investing - Theory, News & General
Topic: The WORST Morningstar Style Category In 2018
Replies: 34
Views: 2786

The WORST Morningstar Style Category In 2018

What I found interesting was the suggestion that the majority of retirement funds should be placed in SCV funds. The rationale was that since 1970 this fund area has the highest yields and lowest risk. I assume - but maybe incorrectly - that this fund area also has the highest fees that would drag ...
by Taylor Larimore
Fri Feb 15, 2019 1:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard & Boglehead Books
Replies: 2
Views: 349

Re: Vanguard & Boglehead Books

Bogleheads - Is anyone aware if any more books from the Bogleheads or the story of Vanguard are in the works to be written? No matter how many times the story of Vanguard has been told it is an amazing read and inspirational. Thank you Mr. Bogle! abuss368: I can't imagine anyone writing "the story ...
by Taylor Larimore
Thu Feb 14, 2019 7:04 pm
Forum: Personal Investments
Topic: Missed the Boat!!
Replies: 47
Views: 6209

Asset-Allocation

pnagar: Our stock/fixed-income ratio is our most important investment decision because it determines our expected return and our expected risk. Use this Vanguard Questionnaire for help: https://personal.vanguard.com/us/FundsInvQuestionnaire Pay no attention to the markets. When you have decided your...
by Taylor Larimore
Thu Feb 14, 2019 5:31 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 62
Views: 7257

Re: Girlfriend's Financial Advisor Recommendations...

LeeMKE: In my opinion, the Girlfriend's advisor has picked two funds based on their their big commissions and past performance. Nothing new. Fortunately, we are looking at IRA funds so if she wants to later change to better total market index funds she can do so without a tax-hit -- although the lar...
by Taylor Larimore
Thu Feb 14, 2019 12:56 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article-"Can Vanguard Remain Alone?"
Replies: 10
Views: 1986

"Can Vanguard Remain Alone?"

[Thread merged into here, see below. --admin LadyGeek] Bogleheads: John Rekenthaler, a columnist for Morningstar.com and a member of Morningstar's investment research department, has written a thought-provoking article about the future of the Vanguard company. These are excerpts: What counts are co...
by Taylor Larimore
Thu Feb 14, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3 Factor Investing Myths
Replies: 42
Views: 3779

Re: Larry Swedroe: 3 Factor Investing Myths

Bogleheads:

My feelings about "factors" are here.

Best wishes
Taylor
by Taylor Larimore
Wed Feb 13, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: What Is Your Favorite Bogle Quote?
Replies: 48
Views: 2623

Re: What Is Your Favorite Bogle Quote?

Another vote for ""With investing, you get (to keep) what you don't pay for". But Taylor, you didn't tell us what your favorite quote is. dowse & aspirit: I have recorded more than 1,000 quotes by Mr. Bogle here . I tried, but I find it impossible to select a favorite because they are all so good. ...
by Taylor Larimore
Tue Feb 12, 2019 9:32 pm
Forum: Personal Investments
Topic: What kind of end balance makes you happy?
Replies: 27
Views: 2011

Re: What kind of end balance makes you happy?

Did you plan to have a ZERO balance when you retired (40 years ago)? Maybe I wish I could have a good prediction at something close to ZERO, in my pre-retirement simulations, I would hope to have a number much higher than ZERO. flyingaway: Pat and I had long thought that it would be nice to give ou...
by Taylor Larimore
Tue Feb 12, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 151
Views: 14791

Re: Tributes to Jack Bogle

I don't understand why John Bogle was never awarded with the Presidential Medal of Freedom Award. I cannot think of anyone more worthy. FBM2014: We tried hard to get Jack The Presidential Medal of Freedom which he obviously deserved. We carefully prepared a package of Jack's accomplishments and I s...
by Taylor Larimore
Tue Feb 12, 2019 6:40 pm
Forum: Personal Investments
Topic: Why international?
Replies: 144
Views: 9479

Re: Why international?

Why International?
stocknoob4111 :

You may find this post helpful:

How Much International Stock?
A Suggestion


Best wishes.
Taylor
by Taylor Larimore
Tue Feb 12, 2019 6:28 pm
Forum: Personal Investments
Topic: What kind of end balance makes you happy?
Replies: 27
Views: 2011

Re: What kind of end balance makes you happy? ZERO

What kind of end balance makes you happy" Answer: ZERO I'll try to explain: I am 95 years old. My wife for 62 years died May 10, 2013. My only heirs are my two sons who are (happily) receiving their inheritance while I am still alive. The University of Miami gets my body for medical research so no ...
by Taylor Larimore
Tue Feb 12, 2019 6:05 pm
Forum: Personal Investments
Topic: Good time to invest in emerging markets?
Replies: 22
Views: 2570

Re: Good time to invest in emerging markets?

Hello Everyone, I have been reading Money & Kiplinger magazines, plus the reports that T. Rowe Price sends me periodically and one thing that they have in common is a conviction that this is a particularity good time to invest in emerging markets. I have been burned by emerging markets in the past,...
by Taylor Larimore
Tue Feb 12, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Why I Own a Total Market Index Fund
Replies: 43
Views: 5599

Why I Own a Total Market Index Fund

Bogleheads: In 1989, my wife and I purchased a two-bedroom apartment in a Miami condominium. Our balconies overlook Biscayne Bay and the City of Miami. Standing on our "city side" 35th floor balcony, I can see hundreds of successful corporations where thousands of employees are working 40+ hours a w...
by Taylor Larimore
Mon Feb 11, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: What Is Your Favorite Bogle Quote?
Replies: 48
Views: 2623

What Is Your Favorite Bogle Quote?

Bogleheads:

This forum is devoted to "The Wisdom of Jack Bogle."

What is your favorite Bogle quote (just one)?

Thank you, Jack

Taylor
by Taylor Larimore
Mon Feb 11, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: Benefits of Fidelity vs Vanguard
Replies: 48
Views: 4795

Re: Benefits of Fidelity vs Vanguard

Randtor: 1.Would it be worth investing 1/2 of my portfolio holdings in both companies and doing a like for like comparison in a year? In my opinion, it is ideal to hold all investments in one good company for these reasons: 1. One familiar statement. 2. Less paperwork. 3. Easier tax preparation. 4. ...
by Taylor Larimore
Mon Feb 11, 2019 8:09 pm
Forum: Personal Investments
Topic: Investing in gold
Replies: 33
Views: 2091

Re: Investing in gold

I'm a novice investor and so far have just been investing in Vanguard total stock and bond funds. What are people's thoughts about investing a small percentage of my investments in gold? Where and how would I go about doing this? Thanks in advance. rebfor: Mr. Bogle gave his ideas about investing i...
by Taylor Larimore
Mon Feb 11, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: TSP G Fund/Back Tester?
Replies: 19
Views: 925

Re: TSP G Fund/Back Tester?

rich126:
Jack Bogle: "The biggest mistake investors make is looking backward at performance and thinking it’ll recur in the future."
Here's more: viewtopic.php?f=10&t=156573

Best wishes.
Taylor
by Taylor Larimore
Mon Feb 11, 2019 12:46 pm
Forum: Investing - Theory, News & General
Topic: "Don’t Compare Your Investment Returns With Others (Especially On The Internet)"
Replies: 34
Views: 3414

"Don’t Compare Your Investment Returns With Others (Especially On The Internet)"

Bogleheads:

The Wall Street Physician has posted a thought-provoking article about people who compare their investment returns with others on the internet. Bogleheads are mentioned.

Don’t Compare Your Investment Returns With Others (Especially On The Internet)

Best wishes.
Taylor
by Taylor Larimore
Sat Feb 09, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 151
Views: 14791

"John Bogle. RIP"

[Thread merged into here, see below. --admin LadyGeek] George Sisti, CFP, is the editor of Vectors -- one of my favorite financial newsletters. In his latest issue, Mr. Sisti delivers a beautiful tribute to John Bogle and he also provides a link to the Bogleheads website. http://www.oncoursefp.com/...
by Taylor Larimore
Sat Feb 09, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: Thoreau Simplify
Replies: 58
Views: 5590

Thoreau Quotes

Bogleheads: Many years ago a friend gave me Henry Thoreau's book, "Walden." The book changed my life with ideas such as these: "I went to the woods because I wished to live deliberately, to front only the essential facts of life, and see if I could not learn what it had to teach, and not, when I cam...
by Taylor Larimore
Sat Feb 09, 2019 6:46 pm
Forum: Personal Investments
Topic: Tilt / Overweight -- what percentage?
Replies: 24
Views: 2137

Re: Tilt / Overweight -- what percentage?

Post by RetiredCSProf » Sun Feb 03, 2019 4:06 pm I've read posts in the forum regarding overweight of a style (e.g., small value). RetiredCSProf: In the opinion of many authorities, owning the the total market in stocks is the "efficient portfolio" (highest return with the least risk). Last year, "s...
by Taylor Larimore
Sat Feb 09, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: is rebalancing loosely akin to market timing?
Replies: 60
Views: 2759

Re: is rebalancing loosely akin to market timing?

miket29: Market timing is the strategy of making buying or selling decisions of financial assets (often stocks) by attempting to predict future market price movements. The prediction may be based on an outlook of market or economic conditions resulting from technical or fundamental analysis. Market ...
by Taylor Larimore
Fri Feb 08, 2019 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should we get the Mutual of Omaha LTC Policy?
Replies: 12
Views: 1050

Re: Should we get the Mutual of Omaha LTC Policy?

Wenonah: There are important facts that have not been mentioned: 1. Most Long Term Care policies can have the premium increased by the insurance company. This means that the beginning premium is often misleading and should not be relied upon. 2. Read the fine-print in the actual policy and understan...
by Taylor Larimore
Fri Feb 08, 2019 8:53 pm
Forum: Personal Investments
Topic: Newbie needing help and advice... lots!
Replies: 13
Views: 1648

Re: Newbie needing help and advice... lots!

Randtor: Welcome to the Bogleheads Forum! If I counted correctly, you have over 50 different securities--all with "loads" (commissions). Your friend's daughter should be very grateful to you. You have a very complicated portfolio which will be difficult to change. We must consider cost and tax-conse...
by Taylor Larimore
Fri Feb 08, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: Sector performance data
Replies: 6
Views: 377

Re: Sector performance data

Are there any good data services that monitor sector performance and momentum. FBN2014: Morningstar maintains Index Performance by Style Sectors. This is the broad U.S. market and each style sector's performance for 2018: Market -5.88% US Core -9.91 Growth -0.19 Large Cap -4.27 Large Core -9.08 Lar...
by Taylor Larimore
Thu Feb 07, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' Guide to Investing - Is under Review
Replies: 15
Views: 3236

Re: The Bogleheads' Guide to Investing - Is under Review

Is their a reason why Amazon has The Bogleheads' Guide to Investing under review. Been trying to purchase it but can't find it anywhere other than Amazon but no luck there either. :confused Thx learn2bwise: I went to Amazon and placed an order for the paper book. No problem. Best wishes. Taylor
by Taylor Larimore
Thu Feb 07, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: VWELX, VWINX, or VBIAX ?
Replies: 17
Views: 1323

Re: VWELX, VWINX, or VBIAX ?

Any of you own one or more of the funds listed ? If so, what made you choose it over other choices ? I've run all three in PV. VWLEX seems to generate higher returns. VWINX has lower returns but I'm impressed with it's higher sharpe and sortino ratios. I like VBIAX low expense ratio and it's real s...
by Taylor Larimore
Thu Feb 07, 2019 6:31 pm
Forum: Personal Investments
Topic: What do you use for your bond exposure?
Replies: 47
Views: 3036

Re: What do you use for your bond exposure?

What do you use for your bond exposure? FinancialRookie: Any good quality, low-cost, short-or intermediate-term bond fund will do the job of providing safety and income in a portfolio. For nearly 30 years I have used Vanguard Total Bond Market Index Fund for our bond allocation. I like it's broad d...
by Taylor Larimore
Tue Feb 05, 2019 10:50 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds w/ 0.09%ER
Replies: 20
Views: 2007

Re: Target Date Funds w/ 0.09%ER

If you had the option to put all your money a target date fund for 0.09%, would you do it? Element: Assuming all your investments are in a tax-favored account, I believe that a suitable target-date fund (designed by experts) with an expense ratio of 0.09% (less than 1/10th of 1%) is a great opportu...
by Taylor Larimore
Tue Feb 05, 2019 5:05 pm
Forum: Personal Investments
Topic: Why my FA is rushing me to get out of Matson, whom he suggested in 2014.
Replies: 22
Views: 2852

Re: Why my FA is rushing me to get out of Matson, whom he suggested in 2014.

My FA has contacted clients, myself included, with new paperwork getting us out of 'Matson Money', because I was told he is concerned with his fiduciary responsibilities to us, his clients. Does anyone know anything going on with Matson? I have my IRA invested and a close friend told me to nix the ...
by Taylor Larimore
Tue Feb 05, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: When Value Performs Poorly
Replies: 15
Views: 1068

Re: When Value Performs Poorly

Bogleheads: One of the advantages of total market index funds is their low-cost and relative consistency. For example, Vanguard Total Stock Market Index Fund (VTSAX) has beaten its Morningstar category average every year since its inception in 2001. Don't look for the needle in the haystack. Just bu...
by Taylor Larimore
Mon Feb 04, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: Equal-Weighted ETF/Index vs Total Market ETF/Index
Replies: 8
Views: 575

Market Weight. Thank you, Jack!

bei22000:

My Three-Fund Portfolio has given me a long and comfortable retirement holding the market-weight in the largest and most profitable companies in the world.

Thank you, Jack!

Best wishes.
Taylor
by Taylor Larimore
Mon Feb 04, 2019 10:55 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2402
Views: 1505872

Personal Finance Question -- Wrong Forum

Question Since I plan to use part of the 20% bond allocation for a down payment in 5-7 years, should I have some of the bond allocation invested in the Vanguard California Intermediate-Term Tax Exempt and or Vanguard Intermediate-Term Tax Exempt in my taxable account to go towards a downpayment fun...
by Taylor Larimore
Sun Feb 03, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 151
Views: 14791

Re: John C. Bogle: Renaissance Money Manager for the People

thirdman:

Ralph Nader's tribute to our mentor, Jack Bogle, is one of the most descriptive I have read.

Thank you for sharing!

Best wishes.
Taylor