Search found 22122 matches

by Taylor Larimore
Tue Jun 27, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: (Almost) every day I make a financial mistake more costly than the day before
Replies: 38
Views: 2846

"The Three-Fund Portfolio"

red_faced_gambler: Welcome to the Bogleheads Forum! A simple portfolio properly allocated may be your answer. I will post a link below to the Three-Fund Portfolio and its many advantages. Be sure to read the "Asset-Allocation" advice in the opening post. The Three-Fund Portfolio Best wishe...
by Taylor Larimore
Tue Jun 27, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: where to go to learn about investing?
Replies: 13
Views: 742

Re: where to go to learn about investing?

After 20 years of using Financial/Retirement Planners, I took my accounts over so I can make my own decisions and pay the fees to MYSELF. I have much to learn yet though. dia: I disagree. After 20 years of investing experience, and with all the reading and viewing you have done, you have learned mo...
by Taylor Larimore
Tue Jun 27, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: VWINX a 1-Stop Shop? [Vanguard Wellesley]
Replies: 46
Views: 9462

"Past Performance"

I've been investing for a long time and have lately been studying different types of lazy portfolios. From all I see, it seems that VWINX steadily beats out all performance for the long term (even when interest rates were high). I'm looking for your take on why this is or isn't the safest, all-in i...
by Taylor Larimore
Mon Jun 26, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Simplicity At Last
Replies: 6
Views: 880

Re: Simplicity At Last

matt wrote: After years of my portfolio being a disorganized mess probably costing me who knows how much because of chasing return and/or paying high fees I have finally reached "simplicity".

Matt:

Congratulations and best wishes!

Taylor
by Taylor Larimore
Mon Jun 26, 2017 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: My parents want to drop their FA and switch to Vanguard
Replies: 13
Views: 840

Re: My parents want to drop their FA and switch to Vanguard

Chuck: Make a copy of this to give to your parents: American Association of Individual Investors: "Funds with loads, on average consistently underperform no load funds when the load is taken into consideration." Frank Armstrong, author of The Informed Investor: "Wrap fee accounts may ...
by Taylor Larimore
Mon Jun 26, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: My parents want to drop their FA and switch to Vanguard
Replies: 13
Views: 840

Re: My parents want to drop their FA and switch to Vanguard

Chuck474: Welcome to the Bogleheads Forum! You are correct that advisors charging .7% on assets plus high expense ratios is a good reason for your parents to make a change. However, I strongly agree with Lady Geek: You're in a tough situation. If anything goes wrong, you will be blamed - the reason ...
by Taylor Larimore
Mon Jun 26, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds in portfolio
Replies: 6
Views: 595

Re: Bond funds in portfolio

tsturbo: In my opinion, there is no need to complicate your portfolio with several bond funds. Very diversified Vanguard Total Bond Market Index fund will do the job of providing safety and income in your portfolio. I have owned it since 1986. Please read the Simplicity link below. Best wishes. Taylor
by Taylor Larimore
Mon Jun 26, 2017 7:34 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 24
Views: 2814

Re: Q&A WITH JACK BOGLE - Got a Question for Jack?

Bogleheads:

In an earlier Boglehead conference, I submitted the written questions to Mr. Bogle. I asked him: "Would you like to prepare your answers by reading the questions in advance?" He replied: "No, I've spent a lifetime learning the answers"

Best wishes.
Taylor
by Taylor Larimore
Mon Jun 26, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Eight Signs You are a Seasoned Investor by Johnathan Clements
Replies: 5
Views: 1339

Re: Eight Signs You are a Seasoned Investor by Johnatan Clements

Paul: Jonathan Clements is second only to John Bogle when it comes to "helping ordinary investors get a fair shake." I followed Mr. Clements for many years in the Wall Street Journal where he wrote over 1,000 columns. I saved many of them. I love his 11 signs you own the right portfolio th...
by Taylor Larimore
Mon Jun 26, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 77
Views: 5439

Re: "The Larry Portfolio" ?

Bogleheads: I'm not clear. What is the "Larry Portfolio?" Please give the exact source from Larry Swedroe. Thank you and best wishes. Taylor Taylor, Here is a description of the class of portfolios on portfoliocharts: The Larry Portfolio In particular it references Reducing the Risk of Bl...
by Taylor Larimore
Mon Jun 26, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: "Measuring Active's Underperformance"
Replies: 2
Views: 293

"Measuring Active's Underperformance"

Bogleheads: Larry Swedroe, director of research at BAM advisor services, has written a convincing article showing that index funds outperform most managed funds. This is the important part of his Conclusion: "Given the overwhelming evidence that choosing actively managed funds is playing the lo...
by Taylor Larimore
Mon Jun 26, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 77
Views: 5439

"The Larry Portfolio" ?

Bogleheads:

I'm not clear. What is the "Larry Portfolio?"

Please give the exact source from Larry Swedroe.

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Jun 26, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question about my stock in Amazon...
Replies: 17
Views: 1071

Three Suggestion

Zeusy Zeus wrote: I suppose I'm too new to understand those fluctuations which can explain why I'm so concerned. I figured the only way to really learn was to just buy in and go from there. Had I sold at the $1003 on Friday I could have made some good profit and then bought back in at that $995 you ...
by Taylor Larimore
Mon Jun 26, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 2624

"Investment Gems"

monkey_business, nedsaid and others:

Thank you for recognizing the value of the "Investment Gems."

I am unaware of any other source that can give us the best ideas, from the best financial writers, in the shortest amount of time.

Best wishes.
Taylor
by Taylor Larimore
Sun Jun 25, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 2624

Re: "Heads I Win, Tails I Win -- A Gem

LadyGeek wrote:The book is now in the wiki: Taylor Larimore's Investment Gems

LadyGeek:

Thank you for this -- and all the other work behind the scene that you do!!

Best wishes.
Taylor
by Taylor Larimore
Sun Jun 25, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: How do you calculate "enough" for retirement accounts?
Replies: 14
Views: 1947

Re: How do you calculate "enough" for retirement accounts?

Booper: The Trinity study suggests that a portfolio is large enough when a 4% annual withdrawal is sufficient for your needs. This means that a one-million dollar portfolio should provide a 30-year retirement income of $40,000 without running out of money. Boglehead wiki Trinity Study Update Best wi...
by Taylor Larimore
Sun Jun 25, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 2624

Re: "Heads I Win, Tails I Win -- A Gem

Couldn't agree more, Taylor, and I'm glad to see your "Gems." I read the book recently and it is basically Boglehead all the way. I'd like to suggest adding to the "gems" what he refers to as the "key takeaways" from his book, beginning on page 255 (and following a gre...
by Taylor Larimore
Sun Jun 25, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 2624

"Heads I Win, Tails I Win -- A Gem

Bogleheads: I recently had the opportunity to read an excellent book by Spencer Jakab, now Deputy Editor of Heard on the Street at The Wall Street Journal. Mr. Jakab's former experience and insight as a top-rated stock analyst with Credit Suisse offer investors a rare and interesting look inside Wal...
by Taylor Larimore
Sun Jun 25, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 77
Views: 5439

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

Pretty much everything fell during the 2008-2009 financial crisis other than nominal treasuries and certain agency bonds like GNMAs. TIPS, Hi-Yield, and Corporate Bonds all got hit rather hard. nedsaid: Vanguard's Total Bond Market Index Fund gained +5.1% in 2008 and +5.9% in 2009. Best wishes. Tay...
by Taylor Larimore
Sun Jun 25, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question about my stock in Amazon...
Replies: 17
Views: 1071

Market Timing and Individual Stocks

Hi there everyone, I just started reading Bogleheads guide to investing which lead me here because quite frankly I'm very new and I have no idea where to go online to seek help. My question is I got my feet weet a few weeks ago buying Amazon stock at a high price (unfortunately) thinking it would g...
by Taylor Larimore
Sat Jun 24, 2017 3:15 pm
Forum: Investing - Theory, News & General
Topic: Explaining a Bogle quote
Replies: 18
Views: 1033

International stock -- A suggestion

simplesauce:

This post may be helpful:

How Much International Stock? A Suggestion

Best wishes.
Taylor
by Taylor Larimore
Fri Jun 23, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a Three-Fund Portfolio - which funds?
Replies: 27
Views: 3735

Re: Starting a Three-Fund Portfolio - which funds?

So I guess the question is, is this still a worthwhile move to Vanguard knowing I will lose that $450? bossballer41: You will need to save hundred's of thousands of dollars for a comfortable retirement. Paying $450 to leave Edward Jones could be the best $450 you will ever spend. Best wishes. Taylo...
by Taylor Larimore
Fri Jun 23, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: "Patience Exemplified"
Replies: 2
Views: 680

"Patience Exemplified"

Bogleheads: Ben Carlson, author of A Wealth of Common Sense , has written an excellent article explaining the importance of investors needing "patience" with their investments. The article contains an informative chart showing the relative performance of U.S. value stocks and U.S. growth s...
by Taylor Larimore
Thu Jun 22, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1808
Views: 1022289

Allan Roth: One advisor to another.

Bogleheads: Below are excerpts from an article by Allan Roth in the Financial Planning publication written for financial advisors: "As an example of simplicity, over a decade ago I taught my son how to invest using just three index funds: · A total stock index fund such as VTSMX · A total inter...
by Taylor Larimore
Thu Jun 22, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 3751

Re: Is VG Total Stock Market Index too concentrated?

While Total Stock Market is "fully diversified" with 3500 stocks, the top 10 names represent 16% of the fund. And the top 5 holdings are Apple, Google, Microsoft, Amazon, and Facebook. -- I just hadn't looked at Total Stock Market for a long while and always just took comfort that I was r...
by Taylor Larimore
Thu Jun 22, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Hell
Replies: 66
Views: 7707

One of the oldest tricks in the book

Bogleheads: One of the oldest tricks in the book that is used by unscrupulous brokers and advisors (to earn commissions and fool their clients) is to sell a fund in the clients portfolio that is doing poorly and buy a fund what is doing well. When the client looks at their portfolio, containing only...
by Taylor Larimore
Thu Jun 22, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 6007

Re: Your Favorite Portfolio Tilts

Bogleheads: Allen Roth has written his follow advisors about "tilts": "Owning even one other stock fund will actually decrease diversification since it will be making specific bets on industries, styles, or other factors." "Over the years, I’ve benchmarked hundreds of portfo...
by Taylor Larimore
Thu Jun 22, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: "10 Reasons Why Advisers Struggle To Keep Client Portfolios Simple"
Replies: 24
Views: 3398

"10 Reasons Why Advisers Struggle To Keep Client Portfolios Simple"

Bogleheads: Allan Roth CPA, CFP, is a financial author, monthly financial columnist for AARP magazine and one of the most respected and sought-after financial advisors in the business. He is currently accepting no new clients. Allan has written an important article about simplicity, and using only t...
by Taylor Larimore
Thu Jun 22, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Decisions: LENDX, SRRIX and QSPIX
Replies: 47
Views: 3426

Re: Allocation Decisions: LENDX, SRRIX and QSPIX

Allocation Decisions: LENDX, SRRIX and QSPIX Bogleheads: Before investing in alternate funds, it is helpful to look at the downside as well as the upside. LENDX and SRRIX are not in Morningstar's database. QSPIX has a 10-year cost of $2,695 for a $10,000 investment. The enemy of a good plan is the ...
by Taylor Larimore
Wed Jun 21, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Tax on Mutual Index Fund
Replies: 19
Views: 841

Re: Tax on Mutual Index Fund

I have 401k at work. I have not opened Vanguard Mutual Index Fund but I want to after reading on forums. I read, can lose gains if I don't rebalance after opening Vanguard Index Fund as above. Hence asking for advice. Any other advice appreciated as I have not opened Vanguard Index fund yet. palcip...
by Taylor Larimore
Wed Jun 21, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Tax on Mutual Index Fund
Replies: 19
Views: 841

Re: Tax on Mutual Index Fund

I am opening Vanguard Mutual Index Fund to start investing: 60% Vanguard Total Stock Market Index 30% Vanguard Total International Stock Market Index 10% Vanguard Total Bond Market Index. after reading on the forums I am newbie and trying to learn more. I am worried about income tax or capital gain...
by Taylor Larimore
Wed Jun 21, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Money Pours In = Diminishing Returns?
Replies: 7
Views: 1668

Asset Bloat

slowmoney: You are talking about "asset bloat." This is what Investopedia has to say on the subject: So-called "asset bloat" is not much of a problem for bond, index and money market funds, which generally operate in large market segments that are very liquid and are less affecte...
by Taylor Larimore
Wed Jun 21, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Total Stock Market Index enough...
Replies: 22
Views: 2331

Re: Is a Total Stock Market Index enough...

Is a Total Stock Market Index (like Schwab or Vanguard) sufficient for my domestic stock investments or should I add some small and/or medium index funds too? The portfolio also contains International Index, Bond Index, and REIT Index. Thanks for your thoughts. DanFrancis: Welcome to the Bogleheads...
by Taylor Larimore
Wed Jun 21, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: advise on three fund portfolio
Replies: 5
Views: 391

What experts say

I received an alert that one of my funds ITOT, IShare Core Total US Stock Market, is a strong sell. Jezo: This is what experts say (be sure to read the last quote by Jason Zweig): Alliance Bernstein Research: "In 2005 we interviewed more than 500 financial advisors. 83% of the advisors we poll...
by Taylor Larimore
Tue Jun 20, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: fed employees & all the eggs in the TSP basket
Replies: 22
Views: 2118

Re: fed employees & all the eggs in the TSP basket

I am a longtime fed employee and will be retiring (FERS) in 2018 at age 62. I have always contributed the maximum to my TSP account and picked the allocations I could tolerate with the C,S, and I funds. I managed to control my inclination to make changes to my TSP allocations back in 2008 and that ...
by Taylor Larimore
Tue Jun 20, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy or Target Retirement Funds?
Replies: 17
Views: 1772

LifeStrategy or Target Retirement Funds?

Bogleheads: I am a big believer in the simplicity of Vanguard's LifeStrategy and Target Retirement funds. These funds are both fund-of-funds which normally belong in tax-advantaged accounts because their holdings include taxable bonds. Expense Ratios are similar; currently 0.13% & 0.14%. In my o...
by Taylor Larimore
Mon Jun 19, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Tips on Bond investment in fidelity
Replies: 8
Views: 571

Re: Tips on Bond investment in fidelity

Any ticker recommendation on bond fund for taxable account at fidelity? new000: Fidelity Total Bond Fund (FTBFX) or Fidelity Total Bond ETF (FBND) would be my choice. You can read about FTBFX here: http://www.morningstar.com/funds/XNAS/FTBFX/quote.html Edit: I overlooked "taxable account."...
by Taylor Larimore
Sun Jun 18, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: State Farm to Geico
Replies: 13
Views: 1122

Re: State Farm to Geico

Please help me decide if it makes sense to switch from State Farm to Geico. Bay area, 56M, 2017 Volt, no citations in last three years. State Farm quoted me $800 for six months while Geico will do a similar coverage for $420. I'm long-term State Farm Customer. vinvedi: Like you, I used State Farm a...
by Taylor Larimore
Sun Jun 18, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 1017

Re: Asset Allocation - Inherited Assets, newly Semi-Retired

I am all-in with the investing philosophy of Vanguard, Bogleheads, and the Three-Fund Portfolio. Emmylou: Welcome to the Bogleheads Forum! I am sorry about the recent death of your parents. However, I am pleased to learn that you are "all-in with the investing philosophy of Vanguard, Boglehead...
by Taylor Larimore
Sun Jun 18, 2017 3:02 pm
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 79
Views: 4836

Re: Best Financial Advice from Dad (in honor of father's day)

Longdog: I had a wonderful Dad who often said: "We are all human beings, white, black, yellow, protestant, catholic and jew." "Judge a man by how he treats the help." "Always do the right thing." "Isn't it Great to be an American" He had it printed on the Miam...
by Taylor Larimore
Sun Jun 18, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1808
Views: 1022289

Re: The Three-Fund Portfolio

LXEX55 wrote:May I ask what would be the suggested allocation of these three funds for a person who retires at age 63? Would you just do 33% each or go heavier on one fund?

LXEX55:

Please read the part about "Asset-Allocation" in my opening post (OP).

Thank you and best wishes.
Taylor
by Taylor Larimore
Sat Jun 17, 2017 9:39 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 6007

Re: Portfolio Tilts?

Bogleheads: Many of us think we know what asset-class is going to do well in the future (usually based on past performance or industry marketing). I suggest that before adding small, costly, and tax-inefficient funds requiring increased maintenance that you consider the many advantages of Simplicit...
by Taylor Larimore
Sat Jun 17, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation and Fund Recommendations for 403(b) Accounts
Replies: 12
Views: 621

Re: Asset Allocation and Fund Recommendations for 403(b) Accounts

Peter Foley wrote:I think I'm quoting Taylor when I say that the enemy of a good plan is the perfect plan. You have laid out a good plan. Congrats.

Peter:

I stole this great quote from Jack Bogle:

The enemy of a good plan is the dream of a perfect plan.


Best wishes.
Taylor
by Taylor Larimore
Fri Jun 16, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 6007

Portfolio Tilts?

Bogleheads: Many of us think we know what asset-class is going to do well in the future (usually based on past performance or industry marketing). I suggest that before adding small, costly, and tax-inefficient funds requiring increased maintenance that you consider the many advantages of Simplicity...
by Taylor Larimore
Fri Jun 16, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: Aggressive Marketing Push Targeting Federal Annuitants
Replies: 1
Views: 214

Re: Aggressive Marketing Push Targeting Federal Annuitants

Gordon:

Thank you for this important alert.

Best wishes.
Taylor
by Taylor Larimore
Fri Jun 16, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation and Fund Recommendations for 403(b) Accounts
Replies: 12
Views: 621

Answer to questions

Trakl: I will attempt to answer two of your questions: I am interested in asset allocation recommendations which include a fixed income component (while perhaps still remaining mindful of the expected pension income). 90/10? 80/20? 70/30? This Vanguard Questionnaire will be helpful: https://personal...
by Taylor Larimore
Fri Jun 16, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 101
Views: 8851

Investing should be "boring."

Bogleheads: I started investing in 1950 at the age of 26. At that time the S&P 500 Index stocks were priced under 20. Today the S&P 500 Index stocks are priced at 2,433 (not including dividends). I wish I had just bought the index stocks and done nothing. It might have been boring, but I wou...
by Taylor Larimore
Fri Jun 16, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: 3-4 fund portfolio vs Lifestrategy in taxable acct
Replies: 12
Views: 1538

Need more information

I want to clean up my taxable account and go with three or four funds, have read the info on these with the Vanguard choices. My tax bracket is dropping down this year to at most 25%. I have my retirement funds in Thrift Savings Plan target funds and G shares and am not going to change that. Questi...
by Taylor Larimore
Fri Jun 16, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: "For Mutual Funds, Simpler Seems Better"
Replies: 1
Views: 468

"For Mutual Funds, Simpler Seems Better"

Bogleheads: John Rekenthaler, Vice President of Research for Morningstar, has written a column about "Simplicity." These are important quotes: "Because hedge funds are not required to report their returns to a central authority, they self-report. That is, they give their results to da...
by Taylor Larimore
Thu Jun 15, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Hell
Replies: 66
Views: 7707

Re: Trusts at Vanguard

We've heard that Vanguard is willing to use low cost index funds for Trust investments, we just haven't heard any reports of actual successful experiences. FIREchief: I have a friend who has nine trusts with Vanguard. All nine are invested in The Three-Fund Portfolio. Best wishes. Taylor Thanks Tay...

Go to advanced search