Search found 22525 matches

by Taylor Larimore
Wed Oct 18, 2017 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rebalance OR just use a new money?
Replies: 8
Views: 226

Re: Should I rebalance OR just use a new money?

Your plan is good. For the sake of discussion I'll say I wouldn't do it this way. I have everything automatically set up to add to my portfolio at my desired AA. About once a year I tally accounts up and rebalance if needed. I don't want to think about it more often than that. Just my own different...
by Taylor Larimore
Wed Oct 18, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: "Advice-Only In Action: An Interview With Allan Roth"
Replies: 5
Views: 532

Re: "Advice-Only In Action: An Interview With Allan Roth"

Although I have not needed professional help, I can see a time when I may. I've always liked the idea of fee for service. Reading the comment below, I'm wondering how you know up front how much it will cost. How do you know up front how many hours the review will take, or do you just assume the 12 ...
by Taylor Larimore
Wed Oct 18, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rebalance OR just use a new money?
Replies: 8
Views: 226

Re: Should I rebalance OR just use a new money?

Hello, I have 3 fund lazy portfolio. My assets allocation is 70/30. I am 41y old. Been doing some reading about the need to keep portfolio balanced. I guess the point is to keep it on target assets allocation. And that would make me sleep at night better. What I have been doing every month, I would...
by Taylor Larimore
Wed Oct 18, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: "Advice-Only In Action: An Interview With Allan Roth"
Replies: 5
Views: 532

Re: "Advice-Only In Action: An Interview With Allan Roth"

tfb:

Thank you for the correction. I have edited my post.

Best wishes.
Taylor
by Taylor Larimore
Wed Oct 18, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: High fee funds
Replies: 6
Views: 292

Re: High fee funds

I have some high fee funds that are doing well. Should I keep them or sell them and put them in a low fee index fund like Vanguard Total Stock index? :confused I'm 61 years old. Billo43: Welcome to the Bogleheads Forum! There is a lead article on today's Morningstar homepage about "high fee" funds....
by Taylor Larimore
Wed Oct 18, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 26
Views: 678

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

Thanks guys for not ripping me too hard. Yes I am trying to decide whether to lump sum or DCA a decent amount of $$ before 4 pm EST today. I realize that this is a completely ridiculous question. Go easy! fantasytensai: Your question is not "ridiculous." It is one of our most common questions. Here...
by Taylor Larimore
Wed Oct 18, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: anhybody buying bitcoin
Replies: 19
Views: 998

Re: anhybody buying bitcoin

looking wrote:
Wed Oct 18, 2017 9:00 am
anybody buying bitcoin I'm buying with a small amount
when I hear one guy just made 6 million with the investment of $ 50 k ( true story ????)
so what do you take on this
lookingpost:

If true, "one guy" with a winning number in PowerBall is similar.

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 17, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: "Advice-Only In Action: An Interview With Allan Roth"
Replies: 5
Views: 532

"Advice-Only In Action: An Interview With Allan Roth"

Bogleheads: Many of us need help with our investments. Unfortunately, most advisors charge a conflict -of-interest commission or a yearly fee for assets under management (AUM) which can also result in a conflict-of-interest. One example: AUM advisors benefit by recommending a mortgage which gives th...
by Taylor Larimore
Tue Oct 17, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Help picking apart whole life insurance cash value
Replies: 36
Views: 1165

Re: Help picking apart whole life insurance cash value

Bogleheads: Many insurance policyholders believe that "Cash Value" and "Surrender Value" (which is what counts) are the same. Not so. From Investopedia: Suppose you purchase a whole life insurance policy with a death benefit of $200,000. After 10 years of making consistent, on-time payments, there i...
by Taylor Larimore
Tue Oct 17, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1854
Views: 1124138

Re: The Three-Fund Portfolio

Bogleheads:

Barry Barnitz has published updated figures for The Three-Fund Portfolio HERE.

Thank you, Barry!

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 17, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Help picking apart whole life insurance cash value
Replies: 36
Views: 1165

Re: Help picking apart whole life insurance cash value

overthought: Welcome to the Bogleheads Forum! If you will provide the name of the company and figures for the whole-life premiums and guaranteed surrender value in 10 years, plus the premium for a 10-year term policy with the same death benefit, I think Bogleheads can easily show you that term life ...
by Taylor Larimore
Tue Oct 17, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or pay off student loan
Replies: 2
Views: 227

Re: Invest or pay off student loan

smellycarabelli:

Welcome to the Bogleheads Forum!

In my opinion, you would be wiser to pay-off your $135K debt if you have the money. You will earn (in comparison to refinancing) 5.5% guaranteed return plus the bother and cost of refinancing.

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 17, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 12
Views: 985

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: To answer your question, the best (and most readable) study I have seen was by Professor William Reichenstein who came to this conclusion: FOR PASSIVE INVESTO...
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: 447

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: 17
Views: 1162

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: 12
Views: 985

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: 471

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: 32
Views: 2235

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: 48
Views: 5383

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: 11
Views: 679

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: 104
Views: 5233

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: 3062

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: 566

"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: 859

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: 393

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: 2325

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: 6786

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: 917

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: 505

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: 171921

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: 1027

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: 171921

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: 1650

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: 3945

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: 1854
Views: 1124138

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: 6788

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: 534

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: 1650

"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: 18
Views: 2234

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: 18
Views: 2234

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: 1277

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: 1198

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: 1392

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: 920

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: 1392

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: 8059

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: 3964

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: 9699

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: 190
Views: 13286

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: 323

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...