Search found 22512 matches

by Taylor Larimore
Mon Oct 16, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 2
Views: 338

Re: Revised Version The Little Book of Common Sense...

According to an email just received from Amazon the release of the revised version of The Little Book of Common Sense Investing..... is delayed another month. Bogleheads: Some things are worth waiting for, and I have absolutely no doubt that Mr. Bogle's updated "Little Book of Common Sense Investin...
by Taylor Larimore
Mon Oct 16, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: How to learn about financial statement analysis?
Replies: 12
Views: 687

Re: How to learn about financial statement analysis?

I am becoming interested in financial statements - it's actually quite fun when you begin to see how things fit together within a statement or across different statements. I remember when I was at university people thought that accountancy is really boring, but it doesn't seem to be that way to me ...
by Taylor Larimore
Mon Oct 16, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 8
Views: 624

Re: Hold bonds in taxable or tax-deferred accounts? I am confused

The more I read about the topic the more confusing it is. Should bonds/bond index funds be held in taxable or tax-deferred accounts. collin: Welcome to the Bogleheads Forum! The general rule is that taxable bonds and taxable bond index funds should be held in tax-deferred accounts. However, there a...
by Taylor Larimore
Mon Oct 16, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: VITAX ( vanguard tech fund )
Replies: 9
Views: 453

Re: VITAX ( vanguard tech fund )

given we are living in a new technology time I assume investing in VITAX makes sense but I may be wrong. am sure there are people out there with experience regarding this fund. please share ... etguy: Follow Mr. Bogle's advice: "Don't look for the needle. Buy the haystack (total market index funds)...
by Taylor Larimore
Mon Oct 16, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: 30th Anniversary of October 19, 1987 stock market crash
Replies: 19
Views: 1212

Re: 30th Anniversary of October 19, 1987 stock market crash

Bogleheads: My wife and I were on a cruise in the South China Seas on October 19, 1987. Word came over the wireless that the stock market had plunged 22%. The ship had only 2 telephones to the U.S. and both telephones had long lines of scared passengers waiting to call their brokers to sell. I remem...
by Taylor Larimore
Mon Oct 16, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 41
Views: 4580

Re: Is Florida Over, 2017

Bogleheads:

I live in Miami on the shore of Biscayne Bay. I grew up as a little boy next door. I see little difference in the water level.

What has risen is property value and taxes.

Best wishes.
Taylor
by Taylor Larimore
Sun Oct 15, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: [How to get started buying stocks]
Replies: 9
Views: 512

Re: How to get started buying stocks

Hi. I'm 52 and have been saving some money in a savings account, I have a 401K at work and I have a Roth IRA. I was interested in buying stocks and wondered if it was possible to start slow to get my feet wet and just buy one or two stocks at a time. If that is possible which site is best to do tha...
by Taylor Larimore
Sun Oct 15, 2017 8:30 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 97
Views: 4070

Re: How does everyone keep track of your portfolio?

Bogleheads: My three funds are with Vanguard. I check my asset-allocation and balances once or twice a year (for fraud, error and activity) on the Vanguard website and also when I receive my annual statement. Vanguard website and statements provide much more information than I can possibly use. That...
by Taylor Larimore
Sun Oct 15, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 41
Views: 3038

retiredjg

cajungal:

It is a rare advisor who will completely analyze your overly-complex portfolio and give you so much sound advice!

retiredjg makes the Bogleheads proud!

Best wishes.
Taylor
by Taylor Larimore
Sat Oct 14, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need help starting out
Replies: 7
Views: 557

"If You Can"

Burke45: Welcome to the Bogleheads Forum! The best advice I can give you is to read a wonderful small book written especially for Millennials by Boglehead Bill Bernstein titled, "If You Can." It is available free on pdf. You can read it in less than an hour. This is the link: https://www.etf.com/doc...
by Taylor Larimore
Fri Oct 13, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: “Going Long Volatility”
Replies: 16
Views: 849

Re: “Going Long Volatility”

Bogleheads: "Going Long Volatility" is something I never heard of. I'll guess it is some rare marketing phrase. In any event, it would be helpful to have a link to the As the markets continue to reach new highs while volatility stays low, I keep coming across articles and posts from time to time rec...
by Taylor Larimore
Thu Oct 12, 2017 10:15 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Audiobook??
Replies: 3
Views: 389

Re: Bogleheads Audiobook: If You Can

Bogleheads:

I agree that Bill Bernstein's booklet, "If You Can,"is ideal for high-school graduates (it recommends The Three-Fund Portfolio).

https://www.etf.com/docs/IfYouCan.pdf

Best wishes.
Taylor
by Taylor Larimore
Thu Oct 12, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Going First Class
Replies: 42
Views: 2303

Jack Bogle flew coach class

Bogleheads: One of the first stories I heard about my hero, Jack Bogle, was that when he was working for Vanguard (which he founded) he always flew coach class. I had doubts about this until his secretary confirmed it. Jack knew it would save money for his shareholders and set an example for his emp...
by Taylor Larimore
Wed Oct 11, 2017 8:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 73
Views: 6681

Valuation investing vs Stay-the-course investing

Bogleheads: Changing investments based on changing valuations is a form of market-timing which many studies have shown does not work. Stay the course. No matter what happens, stick to your program. I've said "Stay the course" a thousand times, and I meant it ever time. It is the most important singl...
by Taylor Larimore
Wed Oct 11, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity replacing SS shortfall?
Replies: 14
Views: 913

Re: Annuity replacing SS shortfall?

I've never thought much about an annuity, tending more toward living off SS, our pensions, and our IRAs. The thought struck me just this morning, however, that perhaps I am missing a bet. We've all read how Social Security is expected to hit a shortfall sometime around 2034 (no comments regarding p...
by Taylor Larimore
Wed Oct 11, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance as an inheritance?
Replies: 10
Views: 502

Re: Term Life Insurance as an inheritance?

Obviously, many do not continue their insurance after they have accumulated enough for their retirement. So, where is my thinking wrong?
Ved:

Answer: It is foolish to pay for insurance you don't need.

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 10, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 171872

Re: Tesla S

To accelerate (at forces potentially greater than 1g) without warning is irresponsible. Taylor, that wasn't a Tesla salesperson that did that, was it?
Tomato:

It was a young relative.

Best wishes
Taylor
by Taylor Larimore
Tue Oct 10, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to move a portfolio out of a traditional advisor service?
Replies: 18
Views: 1021

Re: How to move a portfolio out of a traditional advisor service?

purplesaver: Welcome to the Bogleheads Forum! I agree with sco that Vanguard's Personal Advisory Service and their 0.3% fee is well worth the cost to have them move your securities to a simple, sophisticated, tax-efficient, diversified, low-cost portfolio like this: The Three-Fund Portfolio. Best wi...
by Taylor Larimore
Tue Oct 10, 2017 7:30 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 171872

Re: Tesla ride

Bogleheads: I was invited to go for a ride in the top of the line Tesla with automatic steering. Without warning, the driver floored the accelerator. I painfully bumped my head on the headrest as we zoomed ahead. The acceleration was almost unbelievable and seems useless to me. Hands off the steerin...
by Taylor Larimore
Tue Oct 10, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: "Simplify Your Investment Plan" -- Morningstar
Replies: 5
Views: 1627

Re: "Simplify Your Investment Plan" -- Morningstar

Thus, IIRC, my ISP is around 8 pages long (admittedly, it could probably use a few pages of paring at this point).
2015:

For what it's worth, I stay-the-course with my broad market index funds and feel no need for an IPS (Investment Policy Statement).

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 10, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Investing Books Debunked
Replies: 24
Views: 3939

Benjamin Graham's forgotten speech.

Bogleheads: If you have the time and want to read one of the best speeches about investing, I highly recommend Mr. Graham's forgotten speech about investing. By learning what worked in Mr. Graham's day, and knowing that it still works today, we can learn the eternal truths for successful investing. ...
by Taylor Larimore
Mon Oct 09, 2017 8:43 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1852
Views: 1122467

Another nice article about The Three-Fund Portfolio

Bogleheads:

I was alerted to this nice article about The Three-Fund Portfolio:

The Three Fund Investment Portfolio: The Beauty of Simplicity

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 09, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6768

The Trinity Study

EdLaFave:

Our wiki has an excellent article about The Trinity Study which I used when calculating our withdrawal rate. It worked. This is the link:

https://www.bogleheads.org/wiki/Safe_withdrawal_rates

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 09, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: First time investing--Roth IRA
Replies: 6
Views: 533

Re: First time investing--Roth IRA

jah7_fsu1: Welcome to the Bogleheads Forum! I'm looking at starting a Roth IRA through Vanguard and want to pick the best possible indexes. Based on the information you presented, I believe the appropriate Vanguard Target Retirement Fund could be ideal. Use this link for information: https://investo...
by Taylor Larimore
Mon Oct 09, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: "Simplify Your Investment Plan" -- Morningstar
Replies: 5
Views: 1627

"Simplify Your Investment Plan" -- Morningstar

Bogleheads: Christine Benz is Morningstar's Director of Personal Finance. She has written an excellent article about the importance of Simplicity (see my link below the window) and taking time to clear out portfolio 'clutter' which can pay dividends many times over. She included this statement: "The...
by Taylor Larimore
Sun Oct 08, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: New Fiduciary Rule seems to be a big disappointment
Replies: 17
Views: 1926

Re: New Fiduciary Rule seems to be a big disappointment

Except what is better - pay a one time 5.5% upfront commission or pay 1% a year for the rest of your life.
Kenkat:

There is a third choice: Buy a no-load, low-cost, index fund charging less than 1/20th of 1% for the rest of your life.

Best wishes.
Taylor
by Taylor Larimore
Sun Oct 08, 2017 8:26 pm
Forum: Investing - Theory, News & General
Topic: New Fiduciary Rule seems to be a big disappointment
Replies: 17
Views: 1926

Jack Bogle: "Putting Clients Second"

Bogleheads: The new Fiduciary Rule requires stockbrokers, registered investment advisers and insurance agents to act in the best interests of their clients. Nevertheless, the investment industry is fighting the Fiduciary rule tooth and nail. Never has it been so clear that most in the industry put t...
by Taylor Larimore
Sat Oct 07, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: I just started.
Replies: 15
Views: 1275

The Three-Fund Portfolio

AccordingToLuke:

Welcome to the Bogleheads Forum!

This is a link to The Three-Fund Portfolio and its many advantages.

One advantage: You should easily manage it yourself.

Best wishes.
Taylor
by Taylor Larimore
Sat Oct 07, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bogle-oriented financial advisor in my area
Replies: 13
Views: 1197

Self-serving advisor

samw1918: Welcome to the Bogleheads Forum! I have been assigned a Fidelity advisor. In conversations over the past 6-8 months I can't get him to let go of active management. There is no question in my mind that you have an advisor who is either very uninformed or deliberately taking advantage of you...
by Taylor Larimore
Sat Oct 07, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Our most important decision in one minute
Replies: 4
Views: 1390

Re: Our most important decision in one minute

It looks like you may have accidentally started two threads with (almost) identical title. :)
Brad:

You're right. I deleted the first post.

Thank you and best wishes.
Taylor
by Taylor Larimore
Sat Oct 07, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: Your most important decision in one minute
Replies: 1
Views: 909

Your most important decision in one minute

Bogleheads:

This one minute video is a good reminder of the most important portfolio decision we make:

What's The Biggest Lever For How Much Risk You Can Take?

Best wishes
Taylor
by Taylor Larimore
Sat Oct 07, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: Our most important decision in one minute
Replies: 4
Views: 1390

Our most important decision in one minute

Bogleheads:

This one minute video is a good reminder of the most important portfolio decision we make:

What's The Biggest Lever For How Much Risk You Can Take?

Best wishes
Taylor
by Taylor Larimore
Fri Oct 06, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8046

Re: I'm thinking about cashing completely out of equites....

I'm 56 years old and I have all the money I will ever need based on my lifestyle (boring). With the market overdue for a correction does it ever make sense to completely liqudate ones exposure to risk. I'm currently at a 50/50 mix. Thoughts? harrington: During the next bad bear market you can expec...
by Taylor Larimore
Thu Oct 05, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 3946

Re: Trying to convince my sister not to use a financial advisor

maria00200

You might give your sister a copy of this thread to show her what others think.

Show her the link to The Three-Fund Portfolio which contains a link to an article about "Advisor Risk."

Best wishes.
Taylor
by Taylor Larimore
Thu Oct 05, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9679

Stay the Course

Current Bull Market could last years Bogleheads: Articles like this are designed to attract readers in order to sell advertisements. They should be called "investment pornography" and are meaningless to Bogleheads who make no attempt to forecast the stock and bond markets. Stay the course. No matte...
by Taylor Larimore
Thu Oct 05, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 171
Views: 11722

Dividends vs. Capital Gains for Spending Needs?

Bogleheads: Would you rather own stock funds that automatically pay you enough in dividends to cover your spending needs or own funds that pay little to no dividends, forcing you to sell shares? Physician on Fire prefers stock funds (in taxable accounts) that pay little or no dividends. He tells us ...
by Taylor Larimore
Thu Oct 05, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: [Where do I invest my 2018 IRA contributions?]
Replies: 5
Views: 322

Desired Asset-Allocation or Lower Cost?

Opened the IRA this year with Schwab and contributed $3400. Did a rollover to Vanguard. I’ve also finished my contributions by adding $2100 for a $5500 2017 limit. I’ve made both purchases in Vanguard Total Stock Market (VTSMX) in accordance with the Three Fund hypothesis. Is it better, in 2018, to...
by Taylor Larimore
Wed Oct 04, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Newest Vanguard member/client!
Replies: 2
Views: 404

Re: Newest Vanguard member/client!

Thanks for all of the advice in other threads guys! Just opened our Vanguard account and awaiting fund (cash) transfers. Once they're over in the next day, we'll move other investment accounts in and begin AA as follows. No DCA, so I'd at least like to see a couple of down days in the market before...
by Taylor Larimore
Wed Oct 04, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Delayed Distribution Annuity
Replies: 2
Views: 231

Re: Delayed Distribution Annuity

My wife received an annuity as beneficiary of her mother's annuity who passed in Jan of this year. The mature TransAmerica annuity is non-qualified. We chose the delayed distribution where we must take a lump sum payout at 5 years if we have not taken anything between now and then. It continues to ...
by Taylor Larimore
Wed Oct 04, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4204

Flagship !

OK-- excited to pull up my Vanguard account yesterday and see that extra comma. Such a meaningful punctuation. Hate to be a little braggy about it , but it does feel pretty good. I had been waiting for it to happen and then get to show my wife on the app. Her response "took us awhile" (kill joy :? ...
by Taylor Larimore
Wed Oct 04, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3206

Answer to question

With these two fund-of-funds you will own over 15,000 world-wide individual securities so there is no need to add more funds. In addition to the extreme diversification (lower risk), The funds automatically become more conservative with age. You will not have to worry about rebalancing or other mai...
by Taylor Larimore
Wed Oct 04, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16183

Invest in Real Estate or Stock and Bond Markets?

Bogleheads: During the first half of our lives together (we were married 62 years), Pat and I invested in Florida real estate. During the second half of our lives we invested primarily in stock and bond mutual funds. We made money and lost money in both. We found it was much easier and more profitab...
by Taylor Larimore
Wed Oct 04, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: "Evaluate the Viability of Your Retirement Plan"
Replies: 0
Views: 358

"Evaluate the Viability of Your Retirement Plan"

Bogleheads: Christine Benz, Morningstar Director of Financial Planning, and member of our Panel of Experts at the upcoming Boglehead Conference, has written an excellent article on the subject: "Am I on track for retirement." These are excerpts: "Am I on track for retirement?" There are few more imp...
by Taylor Larimore
Tue Oct 03, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Investor willing to make second bet with Buffett
Replies: 6
Views: 962

Re: Investor willing to make second bet with Buffett

Bogleheads:

Betting against a low cost, broad market index fund has proven to be one of the surest way to lose money.

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 03, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Proposing a standard for asset allocation notation: 60+15/25
Replies: 12
Views: 1245

No one-size fits all.

Would love to have a standard way for people to represent asset allocation along with international mix. Could I suggest: 60+15/25 That represents a 75% stocks, 25% bonds, with 20% of the stock allocation in international. Other alternatives: 60/15/25 (but I like the addition symbol better) Is ther...
by Taylor Larimore
Tue Oct 03, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3206

The Target Funds Solution

prince: Your first and most important decision is your allocation between stocks and bonds. More than anything else it determines your expected return and expected risk. You indicated you are "unsure." Do the best you can. Please use this Vanguard Asset Allocation Tool to help you make a decision o...
by Taylor Larimore
Tue Oct 03, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders
Replies: 13
Views: 1871

Winners in the Left Column

LiveSimple wrote:
Tue Oct 03, 2017 5:38 am
Ha ha made it on the left column, at #184
LiveSimple:

Any Boglehead in the left column is above average.

Congratulations and best wishes!

Taylor
by Taylor Larimore
Mon Oct 02, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3206

Your stock/bond allocation?

prince: Your first and most important decision is your allocation between stocks and bonds. More than anything else it determines your expected return and expected risk. You indicated you are "unsure." Do the best you can. Please use this Vanguard Asset Allocation Tool to help you make a decision on...
by Taylor Larimore
Mon Oct 02, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3206

Re: Please judge my Vanguard portfolio

Hi, New to investing, rolled over a 401k from previous employer into Vanguard: 50% - VFIAX - 500 Index Fund Admiral Class 5% - VGHCX - Health Care 5% - VGSTX - Star 15% - VTSMX - Total Stock Market Index 15% - VWELX - Wellington That's what I have setup now, would love any helpful info/advice/criti...
by Taylor Larimore
Mon Oct 02, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16183

Re: $10 million+ - Still Working and LBYM

Our asset allocation is Boglehead boring- 50% total stock market index, 20% foreign index and 30% similarly boring fixed income. I will occasionally get a free portfolio check up from Fido or Vanguard.
NYCguy:

Stay-the-course.

Best wishes.
Taylor