Search found 22789 matches

by Taylor Larimore
Mon Dec 11, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Beginner
Replies: 3
Views: 246

Re: Boglehead Beginner

lali: Welcome to the Bogleheads Forum! I rather strongly suggest you use the services of Vanguard Personal Advisory Service. The cost is very low (1/3 of 1%); you get professional conflict-free advice; they will make the transfer of assets for you in the lowest-cost and most tax-efficient manner. Yo...
by Taylor Larimore
Mon Dec 11, 2017 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 18
Views: 836

Re: Early Retirement - Lump Sum vs. Annuity

Bonch:

One thing you almost certainly don't want to do is take the money in cash or put it into a taxable account. You will pay income tax on the withdrawal at your maximum tax rate. :(

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 11, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 18
Views: 836

Re: Early Retirement - Lump Sum vs. Annuity

CWRadio wrote:
Mon Dec 11, 2017 8:34 pm
How come MegaCorp can offer a better SPIA then companies like via immediateannuity.com, Vanguard, Fidelity etc? Thanks Paul
Paul:

My guess is that MegaCorp is using an old mortality table. Why, I'm not sure.

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 11, 2017 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 18
Views: 836

Re: Early Retirement - Lump Sum vs. Annuity

Bonch: I went to Immediate Annuities.com and put in the information you provided (using the state of Florida). https://www.immediateannuities.com/information/annuity-rates-step-1.html The best they can do is give you $4,232/month for a 100% joint and survivor annuity compared with your company pensi...
by Taylor Larimore
Mon Dec 11, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 62
Views: 4246

Re: Done gone and did it-- what's next?

As far as plans, I intend to up the amount of time allotted for reading. I also have a few projects in mind to investigate. Earl: You might do what I did--help other Bogleheads achieve the same retirement goal that you have achieved. * You have a wealth of investing experience. * You have made over...
by Taylor Larimore
Mon Dec 11, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 32
Views: 1214

Re: Do DFA Funds have lower trading costs than Index Funds?

What is often missing in these comparisons is that DFA funds require a financial advisor who charges extra (and may be worth it). This makes the DFA funds more expensive. This isn't necessarily true. I have direct access to DFA funds in my 401K plan and there are no financial advisor costs. Draft I...
by Taylor Larimore
Mon Dec 11, 2017 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 62
Views: 4246

Re: Done gone and did it

Just a quick question: Is it possible for the life annuity providing company to go bankrupt?
Each state in the U.S. has a Guarantee Association to protect against an insurance company going bankrupt:

Guarantee Associations

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 11, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 10
Views: 775

Re: Small cap value vs. total market?

I don't think anyone will dispute that SCV has outperformed TSM over the last couple of decades. The real question is whether, due to publicity, it will continue to outperform in the future. Many outperforming "factors" have been identified, only to fade after they are identified and publicized. Da...
by Taylor Larimore
Mon Dec 11, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 10
Views: 922

Re: How to Achieve CAGR of 6% in non-taxable Acct?

silver65: One of the biggest red flags of any advisory firm is one that tells you they will beat the market. They might, but more likely they will not, especially after fees. If your investments are all in tax-advantaged accounts, consider Vanguard Target Funds (12 choices). If you have both taxable...
by Taylor Larimore
Mon Dec 11, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 10
Views: 775

Re: Small cap value vs. total market?

Overthought:

Mr. Bogle made a speech in Chicago in 2002 which included his thoughts about small-cap and value stocks. I was there and learned a lot. This is the link:

The Telltale Chart

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 11, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 62
Views: 4246

Re: Done gone and did it

Earl:

Congratulations for making the big decision to retire!

I made the same decision at age 57 with apprehension. It turned out to be one of my better decisions (I've made many bad ones).

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 11, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1179945

Re: The Three-Fund Portfolio

Jim:

Glad I could help.

Best wishes.
Taylor
by Taylor Larimore
Mon Dec 11, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 86
Views: 5913

"John Bogle and the Vanguard Experiment"

Stay the Course and Press on Regardless mean more to me than just sticking to an investing plan. They basically have become very important as I navigate through life. My life's philosophy. Take one day at a time and when the seas get rough keep repeating those words. Never give up and even when you...
by Taylor Larimore
Mon Dec 11, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: When to invest in a bull market
Replies: 17
Views: 1842

Re: When to invest in a bull market

Any advice on when to invest? Should I wait for the market to go down or just take a chance and invest it all on 12/22/17? Can you do better than Bob? FiveK: That article is an excellent reply to the question we often get: "Should I wait for the market to go down before investing?" I started invest...
by Taylor Larimore
Sun Dec 10, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard economic and market outlook for 2018
Replies: 27
Views: 2380

Re: Vanguard's 2018 Outlook has extremely low expected returns

I thought some people might be interested in Vanguard's 2018 investment outlook. It has very muted return expectations. Additionally, portfolio tilting isn't expected to help much. You can read the report here: https://advisors.vanguard.com/VGApp/iip/site/advisor/researchcommentary/article/IWE_InvR...
by Taylor Larimore
Sun Dec 10, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 86
Views: 5913

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Bogleheads: For those who don't know (and Michael never tells us), "mlebuf" (above) is a retired professor emeritus, author of "The Millionaire in You," and co-author of "The Bogleheads' Guide to Investing." I know Michael well. Few people are better qualified to give us 'rules of life.' Best wishes...
by Taylor Larimore
Sun Dec 10, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 35
Views: 2254

Re: Portfolio advice: Total market vs Larry Portfolio

danielc:

Welcome to the Bogleheads Forum!

The "Larry Portfolio" you describe contains NO Large-Cap stocks which are the largest and most successful companies in the world? This is a major omission.

For me, The Three-Fund Portfolio is an easy choice.

Best wishes.
Taylor
by Taylor Larimore
Sun Dec 10, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: "The Modern Corporation and the Public Interest" by John C. Bogle
Replies: 13
Views: 964

Re: "The Modern Corporation and the Public Interest" by John C. Bogle

Grt2bOutdoors wrote:
Sun Dec 10, 2017 7:09 pm
Did not read the speech, but what is a TIF?
Grt2bOutdoors:

Traditional Index Fund

Best wishes.
Taylor
by Taylor Larimore
Sun Dec 10, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 32
Views: 1214

Re: Do DFA Funds have lower trading costs than Index Funds?

I recently attended a DFA foundations conference in which they described their factor based investment strategy One thing mentioned at the conference which really stood out to me was that they stated the overall trading costs of their funds was lower than both active and index fund counterparts. In...
by Taylor Larimore
Sun Dec 10, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 86
Views: 5913

"Desidoreta"

lostinjersey:

This is my favorite poem. It has helped me through life. It can do the same for you and your family.

Desidoreta

Best wishes.
Taylor
by Taylor Larimore
Sun Dec 10, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: "The Modern Corporation and the Public Interest" by John C. Bogle
Replies: 13
Views: 964

"The Modern Corporation and the Public Interest" by John C. Bogle

Bogleheads: Last Friday, John Bogle made a speech before The International Institute on Audit Regulation. Perhaps, more than any other speech that I have read by our mentor, this speech reflects his brilliant mind, his deep understanding of the mutual fund industry, and his great humanitarianism: Th...
by Taylor Larimore
Sun Dec 10, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1179945

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds? Thanks, Jim Jim: The money I cannot afford to lose is in diversified, reasonably safe, Vanguard Total Bond Market Index Fund and cash in the bank. My exa...
by Taylor Larimore
Sun Dec 10, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1179945

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds? Thanks, Jim Jim: The money I cannot afford to lose is in diversified, reasonably safe, Vanguard Total Bond Market Index Fund and cash in the bank. My exa...
by Taylor Larimore
Sun Dec 10, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Forward looking expected returns and SD:your guess and reason
Replies: 6
Views: 496

Guessing is Futile

Jackal: I learned long ago that it is futile to forecast (guess) stock market returns. It is the reason I started the Boglehead Contest many years ago--to demonstrate the impossibility of correctly guessing (except by luck) future stock returns. Use the link below to see that only 10 out of 636 Bogl...
by Taylor Larimore
Sat Dec 09, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: New Young Investor: Roth IRA: Mutual Funds, ETFs, or Index?
Replies: 8
Views: 446

Re: New Young Investor: Roth IRA: Mutual Funds, ETFs, or Index?

logantrky: Welcome to the Bogleheads Forum! I have two suggestions: 1. We need more information to give you informed advice. Please use the "edit" button (looks like a crayon) at the top of your window to add this information in a readable format: ASKING PORTFOLIO QUESTIONS 2. Read the pdf version o...
by Taylor Larimore
Sat Dec 09, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 24
Views: 2555

The Three-Fund Portfolio Makes Investing Simple

I'm sure those exact percentages were thought out carefully, but by some odd coincidence those percentages come out EXACTLY the same as contained in the total-market index funds: Stock, Bond, and the two International equivalents. A pretty simple portfolio but gussied up to look like some sophistic...
by Taylor Larimore
Sat Dec 09, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Recommend where to locate roll over IRA
Replies: 12
Views: 766

Re: Recommend where to locate roll over IRA

I currently have accounts at Vanguard and Fidelity, but, rightly or wrongly, in the interests of diversity I would prefer to roll this over to a third brokerage (I know, one more chance for something to go wrong :happy ). AAA post-id: I think you are making a mistake "to roll over to a third broker...
by Taylor Larimore
Sat Dec 09, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to start investing
Replies: 6
Views: 556

"Road Map For Investing Success"

KDN:

Welcome to the Bogleheads Forum!

You have received good replies. Paul Keck, who replied, is the author of a wonderful online book that I highly recommend:

ROAD MAP FOR INVESTING SUCCESS

Best wishes.
Taylor
by Taylor Larimore
Sat Dec 09, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help Choosing a Fidelity Bond Index Fund
Replies: 19
Views: 903

Re: Help Choosing a Fidelity Bond Index Fund

Hi, I'm in the process of restructuring my Roth IRA holdings to be three funds- total stock, total bond, total international. I was looking at FSITX in Fidelity, and I was wondering why it received only a 3 star rating from Morningstar. Is this the best Fidelity Total Bond Index Fund, or are there ...
by Taylor Larimore
Sat Dec 09, 2017 7:06 pm
Forum: Forum Issues and Administration
Topic: Thank you Admins
Replies: 18
Views: 1430

Re: Thank you Admins

cfs wrote:
Sat Dec 09, 2017 6:45 pm
This conversation will be locked in three, two, one . . .
cfs:

"Thank you" is never locked. It is always appreciated!

Best wishes
Taylor
by Taylor Larimore
Sat Dec 09, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 67
Views: 7148

Best reason NOT to invest in individual stocks

Bogleheads: The best reason I have heard NOT to invest in individual stocks is this: Mutual fund managers who select individual stocks are bright, highly educated, well-trained, with large staffs and computer information we can only dream about. Nevertheless, most are unable to beat a comparable ind...
by Taylor Larimore
Sat Dec 09, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 67
Views: 7148

Re: Just not getting it

I think everyone here, including me, has felt the way you feel at some point. Mostly I think about how much better my husband's and my portfolio could be doing if only I had taken this opportunity or that opportunity. One way to deal with these feelings is to take a small percentage of your portfol...
by Taylor Larimore
Fri Dec 08, 2017 11:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: Holiday thanks to Bogleheads. How have they helped you?
Replies: 16
Views: 1398

Re: Holiday thanks to Bogleheads. How have they helped you?

sandtrap: How have the Bogleheads helped me? Answer: IMMEASURABLY! I made my first Boglehead post on Morningstar's Vanguard Diehard Forum in Conversation #1 in 1998 . Morningstar named it the "Vanguard Diehard" Forum because we never gave up asking Morningstar to make it their first company forum (t...
by Taylor Larimore
Fri Dec 08, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6026

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

Any thoughts on the Aurora Report? namarc: Consider this quote by Jack Bogle: "After nearly 50 years in this business, I do not know of anybody who has done market timing successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently." https...
by Taylor Larimore
Fri Dec 08, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4034

Re: "Think you can time the stock market? Look at this chart first"

Thanks for sharing Taylor. This is a very helpful piece to help people think healthily when hesitating to enter the market. I never heard of this particular author before. I had mostly stayed away from MarketWatch articles lately due to the sheer number is useless articles (like to ones today on ti...
by Taylor Larimore
Fri Dec 08, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4034

"Think you can time the stock market? Look at this chart first"

Bogleheads:

Today's MarketWatch article gives convincing evidence of how foolish it is for investors to try and time the stock market:

Think You Can Time The Stock Market? Look at This Chart First

Best wishes.
Taylor
by Taylor Larimore
Fri Dec 08, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17641

Jack Bogle Bobblehead Doll For Sale

Santa, what I want for Christmas is the Jack Bogle bobblehead doll. I have been really good this year. Nedsaid: I own the "Jack Bogle bobblehead doll" in its original box. I will sell it for $5,000 with all the proceeds going to The John C. Boglehead Center for Financial Literacy . Best wishes. Tay...
by Taylor Larimore
Fri Dec 08, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: National Pearl Harbor Remembrance Day
Replies: 19
Views: 1041

Re: National Pearl Harbor Remembrance Day

Epsilon Delta: I am happy to correct my Roosevelt quotation from "a day that will live in infamy" to "a date that will live in infamy. Thank you. I actually heard President Roosevelt's speech on the radio while I was in my room at Riverside Military Academy in Georgia. It was especially ominous for ...
by Taylor Larimore
Thu Dec 07, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: National Pearl Harbor Remembrance Day
Replies: 19
Views: 1041

National Pearl Harbor Remembrance Day

Bogleheads: Today is the 76th anniversary when the Japanese made a surprise attack on Hawaii which killed 2,403 U.S. Citizens and badly damaged our Pacific Fleet. The attack sank four U.S. battleships and damaged four others (fortunately our aircraft carriers were at sea), President Franklin D. Roos...
by Taylor Larimore
Thu Dec 07, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3420

Re: What did you do with your first RMD withdrawal money?

bighatnohorse wrote:
Thu Dec 07, 2017 8:56 am
What did you do with the money from your first RMD?
bighatnohorse:

I put the RMD money into our taxable account and rebalanced the overall portfolio.

Best wishes.
Taylor
by Taylor Larimore
Thu Dec 07, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: Is SEC Yield a good way to pick a bond fund?
Replies: 9
Views: 1097

Re: Is SEC Yield a good way to pick a bond fund?

Is the SEC Yield a good way to pick a bond fund? JustinR: Yes, but not in the way most people think. High bond yields and high bond risk are strongly correlated. Bonds in a portfolio are used primarily for safety when stocks decline. Higher yielding stocks nearly always fall the most when stocks de...
by Taylor Larimore
Thu Dec 07, 2017 6:53 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1179945

Re: The Three-Fund Portfolio

Just pre-ordered for my children.
KESP

Thank you. Your children and the Bogle Center will be the beneficiaries.

Best wishes.
Taylor
by Taylor Larimore
Thu Dec 07, 2017 5:40 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Audiobook??
Replies: 4
Views: 632

Re: Bogleheads Audiobook??

Alexa9 wrote:
Thu Oct 12, 2017 7:25 pm
This would be great to spread the gospel for people that aren’t big readers. I’d also like to see an abridged version for high school graduates.
Alexa9:

Your wish has been granted:

viewtopic.php?f=10&t=88005&start=1850#p3653091

Best wishes.
Taylor
by Taylor Larimore
Thu Dec 07, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1179945

Audible: Bogleheads' Guide to The Three-Fund Portfolio"

Bogleheads: Today, I received this e-mail from the publisher (Wiley): I’m happy to report that Audible has selected The Bogleheads’ Guide to the 3-Fund Portfolio for audiobook publication simultaneously with the print and eBooks. Congrats! The Bogleheads' Guide to the Three-Fund Portfolio is schedul...
by Taylor Larimore
Thu Dec 07, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund
Replies: 36
Views: 3102

Re: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund

Have a buddy with the above AA - we've spoken about our individual AA before, but never gone into depth why. I just would like him to know that there are options out there that can outpace inflation (so to speak) in the long run. Rather than provide unsolicited advice, the only thing I can think of...
by Taylor Larimore
Thu Dec 07, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 134
Views: 8605

Re: Analysis Paralysis: Can you get to the bottom of things?

It is only through careful analysis and consideration of risks that one can preform proper risk management - and get a portfolio that has the lowest feasible amount of risk for the level of expected return sought." TD2626: Many academics, including Nobel Laureate William Sharpe, believe that the ma...
by Taylor Larimore
Wed Dec 06, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17641

Vanguard Coffee Mug Arrived Today!

Bogleheads:

I broke my old Vanguard coffee mug.

I received a new Vanguard mug today ($7.42 total cost).

My coffee tastes better already. :happy

Connie Caldwell is in charge of the Vanguard store. Her e-mail is: connie_caldwell@vanguard.com.

Best wishes.
Taylor
by Taylor Larimore
Wed Dec 06, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1179945

"What Is The Cheapest Way To Build A 3-Fund Portfolio In 2017?"

Bogleheads: In this article, "The Wall Street Physician" compares the cost of The Three-Fund Portfolio using Vanguard, Schwab and Fidelity funds/ETFs. His "conclusion": Schwab currently has the lowest fees on a three-fund portfolio, but Fidelity and Vanguard offer index funds that are so low in fees...
by Taylor Larimore
Wed Dec 06, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3767

Re: How do you know you are FI?

thegr881 wrote:
Wed Dec 06, 2017 3:03 pm
I am just 40. What I am trying to figure out right now is.. am I FI and if not when will I be FI? I am looking for a list of things that you need to check mark to declare (to yourself) you FI status.
thegr88:

Just to be sure, what does "FI" mean?

Thank you and best wishes.
Taylor
by Taylor Larimore
Tue Dec 05, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 134
Views: 8605

Re: Analysis Paralysis: Can you get to the bottom of things?

I have "suffered" with this here and there over the years! When in doubt I turn to the investment experts such as Jack Bogle and the forum. In fact, this is the reason why I have every Jack Bogle, Vanguard , & Boglehead book on my shelf! Abuss 368: I didn't know Vanguard wrote a book? Best wishes. ...