Search found 23937 matches

by Taylor Larimore
Mon Oct 15, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 12
Views: 1734

Re: Larry Swedroe: Prepare For The Bear

Larry:

Thank you for your reply.

I am looking forward to reading your new book.

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 15, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: "Turn Off The Financial News"
Replies: 11
Views: 1008

"Turn Off The Financial News"

Bogleheads: The "Wall Street Physician" has written a timely article. It ends with this Conclusion: The financial media wants to turn the stock market into a sporting event, drawing you in to watch. Investors should resist this urge and tune out the financial news. Stop watching CNBC and Bloomberg N...
by Taylor Larimore
Mon Oct 15, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 12
Views: 1734

AQR, Stone Ridge and DFA funds

My firm, Buckingham Strategic Wealth, recommends AQR and Stone Ridge funds in constructing client portfolios.
Larry,

I was under the impression that the (140) advisors in your firm recommend DFA funds? Why the change?

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Oct 15, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 12
Views: 1734

AQR,

My firm, Buckingham Strategic Wealth, recommends AQR and Stone Ridge funds in constructing client portfolios.
Larry,

I was under the impression that the (140) advisors in your firm recommend DFA funds?

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 15, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2271
Views: 1438979

Fixed income securities

KJVanguard:

There is more than one road to Dublin (especially in fixed-income securities).

Best wishes.
Taylor
by Taylor Larimore
Sun Oct 14, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1602

Re: Is it better to have fewer investment choices?

I've been thinking about moving all my accounts to Vanguard and just investing directly in the index funds, despite their disadvantages relative to ETF's. sillysaver: What are the "disadvantages relative to ETFs?" Vanguard mutual funds and ETFs have almost identical returns. ETFs "ease of trading" ...
by Taylor Larimore
Sun Oct 14, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2271
Views: 1438979

Vanguard Short-Term Investment Grade or Total Bond Market?

I prefer total bond market index fund because, not only is it safe (worst annual loss was -2.33%) and liquid, but also because of its great diversification (the only "free lunch"). I prefer ST Investment Grade Admiral because not only is it "safe" and liquid, but also because of its great diversifi...
by Taylor Larimore
Sat Oct 13, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2577

Re: Does Timing Matter? 3 Fund Portfolio

True - "exploded" was probably too strong of a term. Also - in response to the 30% bond allocation. It does seem like a lot, but I was just following what is recommended in Taylor Larimore's "The Bogleheads' Guide to the Three-Fund Portfolio" which says the bond allocation % should be around your a...
by Taylor Larimore
Fri Oct 12, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4300

Re: Does international really buy you diversification?

I see this as a recurring theme over tye past 20years or so - a fall in us stocks leads to a fall in European stocks the next day.if these walk so much hand under hand, are we really getting any diversification by investubg in international stocks? International bonds, on the other hand, might be a...
by Taylor Larimore
Fri Oct 12, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: [Need Investment] Advice
Replies: 2
Views: 214

Re: [Need Investment] Advice

money 100:

Welcome to the Bogleheads' Forum!

This is a link to "Asking Portfolio Questions" mentioned by ruralavalon:

viewtopic.php?f=1&t=6212

Best wishes.
Taylor
by Taylor Larimore
Fri Oct 12, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2577

Re: Does Timing Matter? 3 Fund Portfolio

True - "exploded" was probably too strong of a term. Also - in response to the 30% bond allocation. It does seem like a lot, but I was just following what is recommended in Taylor Larimore's "The Bogleheads' Guide to the Three-Fund Portfolio" which says the bond allocation % should be around your a...
by Taylor Larimore
Thu Oct 11, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Buying a pre-owned Lexus IS-250
Replies: 29
Views: 1709

Re: Buying a pre-owned Lexus IS-250

I am looking to Buy a pre-owned 2015 Lexus IS-250 f-sports for $22k with 60k miles ( new retail price ~$43k) , what are the bogleheads thoughts on this purchase will someone recommend another car in this category at similar price point ? The Consumer Reports April Auto Issue recommends the Lexus IS...
by Taylor Larimore
Thu Oct 11, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 66
Views: 4823

Re: Black Friday is coming.. what's on your list?

Been waiting for BF for a while and planning to buy a new gaming machine $600 tops which I know isn't going to be the greatest. A nice monitor and powered speakers to go along with it. Also looking will be looking out for Zara and H&M deals. LesBleus: Thanks to Jack Bogle, there is nothing I need o...
by Taylor Larimore
Wed Oct 10, 2018 11:36 pm
Forum: Investing - Theory, News & General
Topic: 5 ways target-date funds let investors down
Replies: 38
Views: 3326

Re: 5 ways target-date funds let investors down

And for the record, from 1998 until today (20 years), SCV has outperformed TSM by 1.77% annualized.
willthrill81

And for the record TSM has outperformed SCV for the past 1yr, 3yrs, 5yrs and 10yrs.

No one knows which fund will outperform in the future.

Best wishes
Taylor
by Taylor Larimore
Wed Oct 10, 2018 8:51 pm
Forum: Investing - Theory, News & General
Topic: 5 ways target-date funds let investors down
Replies: 38
Views: 3326

"Target Date Funds Are Underrated"

Bogleheads:

In my opinion, the introduction of Target Date Funds, designed by company experts, has been of great benefit to millions of investors. Harry Sit, The Finance Buff, explains:

Target Date Funds Are Underrated

Best wishes.
Taylor
by Taylor Larimore
Wed Oct 10, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice Requested
Replies: 4
Views: 221

Re: Portfolio Advice Requested

sumac2001

Welcome to the Bogleheads Forum!

I will comment only on your two Roth IRAs. I believe you can and should consolidate them. Check with Vanguard. Read this article:

Too Many Roth IRAs. It's Time to Consolidate

Read my "Simplicity" link below.

Best wishes.
Taylor
by Taylor Larimore
Wed Oct 10, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Simulating a total stock market index in my 401K
Replies: 4
Views: 207

Re: Simulating a total stock market index in my 401K

I have a 401K through work, with the following options, and expense ratios: Vanguard 500 Index Fund - Admiral(TM) Shares (.04%) Vanguard Mid-Cap Index Fund - Admiral(TM) Shares (.05%) Vanguard Small-Cap Index Fund - Admiral(TM) Shares (.05%) If Vanguard Total Stock Market Index Fund was available, ...
by Taylor Larimore
Wed Oct 10, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2547

Re: "Do not invest with Vanguard if you are a market-timer." - Vanguard

"Do not invest with Vanguard if you are a market-timer." - Vanguard This is the best quote from Vanguard in years. Found it looking through a current prospectus. Don't know how long they've been including this. The line has been drawn. Rowan Oak: "Do not invest with Vanguard if you are a market-tim...
by Taylor Larimore
Wed Oct 10, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5109

Mr. Bogle on "International Investing"

Jack Bogle makes some compelling arguments for NOT investing in ex-US, as a US investor: Here's Why Jack Bogle Doesn't Like Investing In Foreign Markets Vanguard Founder Jack Bogle on Mutual Funds, Common Sense Investing and the Stock Market Jack Bogle on Market Index Funds (2014) Bogle: Why I Don'...
by Taylor Larimore
Tue Oct 09, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5109

"International Stocks Provide The Least Protection Just When Investors Need It Most"

[Thread merged into here, see below. --admin LadyGeek] Bogleheads: The most contentious topic on the Bogleheads forum may be: How much to invest in international stocks? This MarketWatch article provides more information on the subject: International Stocks Provide The Least Protection Just When In...
by Taylor Larimore
Tue Oct 09, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: Where is that value premium?
Replies: 57
Views: 4009

Re: Where is that value premium?

KJVanguard wrote:
Tue Oct 09, 2018 4:40 pm
I am pretty much forced to keep TSM due to my holding being almost 50% unrealized gains.
KJVanguard:

"almost 50% unrealized gains" tells me that TSM has been a winning fund for you.

Stay the course and keep investing simple.

Read my "Simplicity" link below.

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 09, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 63
Views: 5599

Re: Bullish/bearish on GE? Make your case here - new lows today

Bogleheads:

This topic is a long way from Jack Bogle's wisdom:
By far the best way to own equities is to own them through either a Standard & Poor’s 500 index fund or a total U.S. stock market index fund.
Best wishes.
Taylor
by Taylor Larimore
Tue Oct 09, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1154
Views: 95061

Correlation

Correlation does not capture magnitude, only direction. This may be a mistake according to this definition: The Pearson correlation coefficient is a number between -1 and +1 that measures both the strength and direction of the linear relationship between two variables. The magnitude of the number r...
by Taylor Larimore
Tue Oct 09, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11405

Re: Asset-allocation in retirement? My simple plan.

Bogleheads: We have many posts and many different opinions about the best Asset-Allocation in retirement. My asset-allocation is simple: * I put what I cannot afford to lose in safe fixed-income , primarily Total Bond Market for 1-fund bond diversification. * I put the rest in stocks , primarily Va...
by Taylor Larimore
Mon Oct 08, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: "Five Things We Can Still Learn From Vanguard's Jack Bogle"
Replies: 4
Views: 970

"Five Things We Can Still Learn From Vanguard's Jack Bogle"

Bogleheads:

MarketWatch has an informative article by Jonathan Clements, a member of our Panel of Experts at the recent Boglehead Convention:

5 Things We Can Still Learn From Vanguard's Jack Bogle

Best wishes
Taylor
by Taylor Larimore
Mon Oct 08, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1078

Re: What part of your investment philosophy was "Inspired by Jack Bogle"?

For me, it's everything. My entire investment philosophy is based on Jack's "Little Book of Common Sense Investing" and the Bogleheads investment philosophy . After 20 years of investing and making many mistakes along the way I have embraced Simplicity . With each year that passes I become more con...
by Taylor Larimore
Mon Oct 08, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6126

Re: Larry Swedroe: Why Emerging Markets Matter

Bogleheads: Vanguard Total International Stock Market Index Fund contains: 20.60% Emerging Markets 42.50% Europe 29.60% Pacific 0.40% Middle East 6.60% North America 0.30% Other Strive for simplicity (read link below). Best wishes. Taylor Is VXUS constructed in a comparable manner (i.e. 20% EM)? la...
by Taylor Larimore
Mon Oct 08, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: "How Tax-Efficient Is This Fund?"
Replies: 2
Views: 317

Re: "How Tax-Efficient Is This Fund?"

lifesoft wrote:"this article is not up to Bogheleads' standards."

Thank you. :happy
Taylor
by Taylor Larimore
Mon Oct 08, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11405

Asset-allocation in retirement? My simple plan.

Bogleheads: We have many posts and many different opinions about the best Asset-Allocation in retirement. My asset-allocation is simple: * I put what I cannot afford to lose in safe fixed-income , primarily Total Bond Market for 1-fund bond diversification. * I put the rest in stocks , primarily Van...
by Taylor Larimore
Mon Oct 08, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: "How Tax-Efficient Is This Fund?"
Replies: 2
Views: 317

"How Tax-Efficient Is This Fund?"

Bogleheads:

It is very important to use only tax-efficient funds in taxable accounts. Morningstar explains how to determine if your fund is "tax-efficient":

"How Tax-Efficient Is This Fund?"

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 08, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6126

Re: Larry Swedroe: Why Emerging Markets Matter

Bogleheads:

Thank you for the correction. I did, indeed, mean Total International--not Total Stock Market.

I have edited my post.

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 08, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: Investment grade bonds now made up of 50% BBB rated
Replies: 26
Views: 2655

Re: Total Bond Market fund not what it used to be

Just read an article saying that 50% of investment grade US bonds in the Barclays index are now made up of BBB rated bonds. I would gather that in a recession this would be pretty bad for the bond fund's performance. Might it be a good time to invest in some other form of bond/fixed income and not ...
by Taylor Larimore
Mon Oct 08, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6126

Re: Larry Swedroe: Why Emerging Markets Matter

Bogleheads:

Vanguard Total International Stock Market Index Fund contains:
20.60% Emerging Markets
42.50% Europe
29.60% Pacific
0.40% Middle East
6.60% North America
0.30% Other
Strive for simplicity (read link below).

Best wishes.
Taylor
by Taylor Larimore
Sun Oct 07, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds for an aggressive investor
Replies: 25
Views: 2382

Re: Bonds for an aggressive investor

There is a way to hold both equities and bonds AND be super aggressive. It’s called EDV. Holding both EDV and TSM has yielded higher returns AND lower risk than TSM alone over the past 10 years. HEDGEFUNDIE: Bonds are for safety. Stocks are for higher returns. In 2009 EDV (Vanguard Extended Duratio...
by Taylor Larimore
Sun Oct 07, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Three-fund portfolio - success (and thank you)
Replies: 3
Views: 1060

Re: Three-fund portfolio - success (and thank you)

To Taylor Larimore, for popularizing the wisdom of the three-fund portfolio against the deafening noise of the asset-management industry.
Badger1754:

I appreciate your insightful post.

Thank you and best wishes.
Taylor
by Taylor Larimore
Sun Oct 07, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11405

It is really very simple.

Bogleheads: Each attendee at the 2018 Boglehead Conference was given Jack's 10th Anniversary Edition of "The Little Book of Common Sense Investing." This is one quote in the book that illustrates how simple sound investing really is: "Rely on your own common sense. Emphasize an S&P 500 Index fund or...
by Taylor Larimore
Sun Oct 07, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1154
Views: 95061

The Callan Tables

Bogleheads:

The Callan Tables of Investment Returns provide strong evidence supporting the use of Total Market Index Funds.

The Three-Fund Portfolio

Best wishes.
Taylor
by Taylor Larimore
Sat Oct 06, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage lump sum question - What would you do?
Replies: 23
Views: 2459

Re: Mortgage lump sum question - What would you do?

Mortgage: 15 year loan, 13 years remaining at 2.75% ($195k left on the loan, $350K value) What would be your advice in this situation in regards to a mortgage pay down of $135k? Good idea? Bad idea? Average Golfer: Your 2.75% mortgage loan is valuable. It would be impossible to obtain this mortgage...
by Taylor Larimore
Sat Oct 06, 2018 6:15 pm
Forum: Investing - Theory, News & General
Topic: Where is that value premium?
Replies: 57
Views: 4009

"Don't look for the needle in the haystack. Just buy the haystack"

KJVanguard wrote:
Fri Oct 05, 2018 4:18 am
Thank you for reading. Please share your thoughts with me.
Don't look for the needle in the haystack. Just buy the haystack! -- John Bogle
Best wishes.
Taylor
by Taylor Larimore
Sat Oct 06, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Conference by Jason Zweig
Replies: 6
Views: 1213

The 2018 Bogleheads Conference

[Post merged into here, see below. --admin LadyGeek] Bogleheads: Jason Zweig, wrote this article (pictures omitted) in today's Wall Street Journal: This week, 200 investors met in Pennsylvania at a conference that is a cross between a religious revival and an M.B.A. finance class. The Bogleheads, a...
by Taylor Larimore
Sat Oct 06, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Target date retirement fund vs three funds
Replies: 14
Views: 1467

Re: Target date retirement fund vs three funds

I am going to help my oldest son start an roth IRA, he is in his early 30's. I was wondering if the Vanguard target date retirement fund would be better than having three or four funds? I started out with growth index , windsor II, and total stock market. I added health care at a later date. spid: ...
by Taylor Larimore
Sat Oct 06, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: 7 Investing Truths That Aren't
Replies: 53
Views: 5819

Investment strategy for seven-year-old

Make sure you can explain your investing strategy to any 8-year-old. That makes absolutely no sense. Bogleheads: Bill Bernstein, Jane Bryant Quinn and others believe it does "make sense." This is the beginning of Bill Bernstein's free book, If You Can : Would you believe me if I told you that there...
by Taylor Larimore
Sat Oct 06, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: "The Business Man and The Fisherman"
Replies: 9
Views: 1999

"The Business Man and The Fisherman"

Bogleheads:

This forum is mostly about using "The Wisdom of Jack Bogle" for profitable investing. If you also feel there is more to life than simply making money, you will enjoy this article by the Physician Philosopher:

The Business Man and The Fisherman

Best wishes.
Taylor
by Taylor Larimore
Fri Oct 05, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: 7 Investing Truths That Aren't
Replies: 53
Views: 5819

"How a Second Grader Beat's Wall Street"

Make sure you can explain your investing strategy to any 8-year-old. That makes absolutely no sense. JoeRetire: I believe I could explain the simple Three-Fund Portfolio to most 8-eight-year old's. This is what Allan Roth did with his 8-year-old son. Allan wrote a wonderful book about The Three-Fun...
by Taylor Larimore
Fri Oct 05, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard: Transition to our new investment platform
Replies: 43
Views: 12241

Simplification?

knossos: Welcome to the Bogleheads forum! Simplification is the tempter of the stupid. Your quote may be right about some things, but Simplification is not "stupid" when it comes to investing. This is what experts say: Scott Adams, author of Dilbert: "I once tried to write a book about personal inve...
by Taylor Larimore
Fri Oct 05, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Bareboat Charter in BVI
Replies: 20
Views: 2589

Re: Bareboat Charter in BVI

Sorry to veer off topic, but how hard is it to learn to bareboat sail a cat? I have plenty of boating experience but only on powerboats. I chartered a crewed cat in the BVI nearly 10 years ago and would love to do it all over again, but the cost of a crew really increases the cost. mw1739: Motorboa...
by Taylor Larimore
Thu Oct 04, 2018 7:40 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7543

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Rick Ferri wrote:
Wed Oct 03, 2018 11:16 am
Jack believes in portfolio simplicity.
Larry believes in portfolio complexity.
I believe in Jack.

Rick Ferri
Bogleheads:

I believe in Jack and Rick Ferri.

Best wishes.
Taylor
by Taylor Larimore
Thu Oct 04, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Is it Really This Hard? (ACB, Annual Return, ETC)
Replies: 6
Views: 422

Re: Is it Really This Hard? (ACB, Annual Return, ETC)

I've seen a few good spreadsheets, but none of them seem to do all of that. Hours of searching has left me high and dry. Is it really that hard? clobber: No. It's not "that hard." All my funds are with Vanguard. I use no "spreadsheets." My year-end Vanguard statement gives me more information than ...
by Taylor Larimore
Thu Oct 04, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2271
Views: 1438979

Re: The Three-Fund Portfolio

hionbusa:

Welcome to the forum!

I agree with ruralavalon:
The market is always in a state.

I lean toward investing it all at once and be done with it, set it and forget it.
Best wishes.
Taylor
by Taylor Larimore
Wed Oct 03, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Best Vanguard ETF Diversifiers, Ranked
Replies: 46
Views: 4572

Re: Best Vanguard ETF Diversifiers, Ranked

I'd like to keep my portfolio as simple as possible. Would VTI + BND be a better combination than VTI + EDV? Augustus: VTI (Vanguard Extended Duration Treasury Index Fund ETF) is an excellent diversifier in many conditions. We have had a long period of interest rate declines which favor long-durati...