Search found 23456 matches

by Taylor Larimore
Sat May 26, 2018 10:42 pm
Forum: Investing - Theory, News & General
Topic: Why over think bonds with a small portfolio?
Replies: 3
Views: 671

Re: Why over think bonds with ANY portfolio?

I know this is overthinking and making things too complex. That’s why I really am ok with TBM. But I do get curious about this stuff after reading about it here. spdoublebass: The more you read about investing, the more you will read about "how to beat the market" (often for the financial benefit o...
by Taylor Larimore
Sat May 26, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: What was your experience inheriting assets held at Vanguard?
Replies: 12
Views: 848

Re: What was your experience inheriting assets held at Vanguard?

I am not doing the inheriting, but if there is anything leftover after I am gone, my heirs will have the experience. My question is: How did it go? Dale Dale: Pat, my wife of 62 years, died June 7, 2013. I inherited her IRA and 1/2 our taxable portfolio. All funds were with Vanguard. I had no diffi...
by Taylor Larimore
Sat May 26, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 59
Views: 17894

Re: Thoughts on Paul Merriman's Portfolio

Taylor you know it’s disingenuous to compare those portfolios listed on market watch. The version of Merriman’s portfolio listed there is 40% bonds, the 2nd graders portfolio is 10% bonds. Jags4186: I agree that it can be "disingenuous" to compare two portfolios with different stock/bond allocation...
by Taylor Larimore
Sat May 26, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth LTC (Again)
Replies: 12
Views: 874

Re: Genworth LTC (Again)

I am single, 61, excellent health, have a long life expectancy, family history of some Alzheimers, have about 2.75 million in investments at the moment. No dependents; no need to leave any type of legacy. I can afford the premiums. The question is, should I continue to pay in or just call it quits,...
by Taylor Larimore
Sat May 26, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 59
Views: 17894

Re: Thoughts on Paul Merriman's Portfolio

zadie wrote:
Sat Oct 18, 2014 1:16 pm
I agree that it is more complicated than the 3 fund portfolio, his study shows a far greater return as well.
zadie:

Not according to Market Watch.

The winning portfolio is the Second Grader's Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Sat May 26, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio - Which bond fund?
Replies: 15
Views: 1655

Re: Three fund portfolio - Which bond fund?

But how about avoiding long bonds and securitized obligations like the mortgage backed securities that caused all the trouble in '08 by using the Bloomberg Intermediate Government Credit Index (GVI) instead. Doc: Vanguard Long-Term Bond Index and its GNMA fund actually helped Vanguard Total Bond Ma...
by Taylor Larimore
Sat May 26, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio - Which bond fund?
Replies: 15
Views: 1655

Re: Three fund portfolio - Which bond fund?

Doc:

Which are you referring to: "Bloomberg Intermediate Government Credit Index Fund" or "iShares Intermediate Government/Credit Bond ETF?" I want to be sure before answering your question.

Best wishes.
Taylor
by Taylor Larimore
Sat May 26, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: Couple of questions about passages from Bogle's book "Enough"
Replies: 19
Views: 2216

Quotes from "Enough" A Gem

Bogleheads: "Enough," written in 2009, is one of my favorite Bogle books. Jack is an example of knowing what is "enough." Below are excerpts: At a party give by a billionaire, Kurt Vonnegut informs his pal, Josepth Heller, that their host, a hedge fund manager, had made more money in a single day th...
by Taylor Larimore
Sat May 26, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio - Which bond fund?
Replies: 15
Views: 1655

Re: Three fund portfolio - Which bond fund?

When we talk about the three fund portfolio most of us think the Bloomberg Barclays Aggregate Bond Index (TBTLX). But how about avoiding long bonds and securitized obligations like the mortgage backed securities that caused all the trouble in '08 by using the Bloomberg Intermediate Government Credi...
by Taylor Larimore
Fri May 25, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: Edelman & Financial Engines merging
Replies: 36
Views: 3601

Re: Edelman & Financial Engines merging

Why would they want to intimidate the client? So that the client will feel insecure investing on their own with a simple portfolio, and will feel reliant on the expertise of the advisor. So that the client will believe that each and every one of twenty different funds is in there for a specific, im...
by Taylor Larimore
Thu May 24, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 98
Views: 9940

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

Bogleheads: I wrote this post seven years ago: It still works. Safe Withdrawal Rates ? Complexity vs. Simplicity Post by Taylor Larimore » Thu Apr 21, 2011 9:31 pm Hi Bogleheads: One of the great mysteries to me are the Great Debates over Safe Withdrawal Rates (SWR). I put Safe Withdrawal Rates into...
by Taylor Larimore
Thu May 24, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: Does the book thread include biographies
Replies: 2
Views: 187

Re: Does the book thread include biographies

its so huuuge......not pretentious, I am fascinated by biographies. Just read a great one on Howard Hughes, but also read one on Motley Crew which was very entertaining.......can someone direct me to the thread where biographies may be located. Many thanks Socrates28: There are newer books, but my ...
by Taylor Larimore
Wed May 23, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Morningstar's new posting rules
Replies: 16
Views: 1109

Morningstar's new posting rules

Bogleheads: As a long-time poster on the Morningstar Vanguard forums (26,446 posts), I was surprised that I was unable to make a post to help answer a question. Accordingly, I wrote to Morningstar and this was their reply: Thank you for writing to Morningstar. We have recently made few important sec...
by Taylor Larimore
Wed May 23, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Edelman & Financial Engines merging
Replies: 36
Views: 3601

Re: Edelman & Financial Engines merging

Joe Retire:

Thank you for responding to my request to see an actual Edelman portfolio. I"ve seen much worse but the fees would be a concern.

Best wishes.
Taylor
by Taylor Larimore
Tue May 22, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Edelman & Financial Engines merging
Replies: 36
Views: 3601

Re: Edelman & Financial Engines merging

Bogleheads:

I would like to see an actual portfolio designed by the Ric Edelman group.

Thank you and Best wishes.
Taylor
by Taylor Larimore
Tue May 22, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2448

Re: Asset Class Forecasts

Ironically I am turning more bearish now and have been reducing my equity allocation from low 60% range in November 2017 to 50% currently and might reduce more if I can convince my spouse to go to 40%. aburntoutcase: It appears you are attempting to market-time. Sorry, it seldom works. Listen to Ja...
by Taylor Larimore
Tue May 22, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need Your Advice - Thank You
Replies: 11
Views: 824

Re: Need Your Advice - Thank You

tristro: Welcome to the Bogleheads Forum! Based on your opening post, I think you would be well-advised to read a good book in personal investing. Our wiki has a list of good books here: https://www.bogleheads.org/wiki/Books:_recommendations_and_reviews My personal choice would be Jack Bogle's lates...
by Taylor Larimore
Mon May 21, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 101
Views: 11398

Re: Will the SP500 double in 7 years?

"Will the SP500 double in 7 years?"
Bogleheads:

The only correct answer is: NO ONE KNOWS.

Best wishes.
Taylor
by Taylor Larimore
Mon May 21, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 977
Views: 75816

Consumer Reports: "Not recommended"

Bogleheads:

According to this story, Consumer Reports will not recommend the Model 3:

Consumer Reports Says it Found "Big Flaws With The Tesla Model 3

Best wishes.
Taylor
by Taylor Larimore
Sun May 20, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 3392

Re: Bogle featured in Barrons cover story

Bogleheads: I agree with Mlebuf, the co-author of my first book. I have known Jack Bogle personally for many years. I never once heard him talk about the fantastic growth of Vanguard, the number of employee, the number of funds he started, or even the huge number of investors he has helped. One nigh...
by Taylor Larimore
Sat May 19, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 3392

Re: Bogle featured in Barrons cover story

In any case, the problem is the behavior, not the vehicle in my humble opinion.
triceratop:

Mr. Bogle feels the same. He has said that ETFs held long-term are perfectly acceptable.

Best wishes.
Taylor
by Taylor Larimore
Sat May 19, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Advice
Replies: 10
Views: 1094

Re: Taxable Account Advice

My question is: Should we just stick to Total Stock Market? Or invest some in more volatile markets (Emerging Markets, International Growth, Mid Cap, Small Cap, Health Care, etc...which could bring in higher returns during the good times? It is VERY important when investing in taxable accounts to o...
by Taylor Larimore
Sat May 19, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 3392

"Jack Bogle’s Battle." Barron's

Bogleheads: Our mentor, Jack Bogle, is on the cover of this week's Barron's . These are my favorite quotes: "More than 40 years ago, the founder of Vanguard Group and the inventor of the index fund forever changed the way Americans would invest and, quite possibly, forever changed how the market fun...
by Taylor Larimore
Fri May 18, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Rob Arnott:index Investors Buy High, Sell Low
Replies: 51
Views: 4890

Re: Rob Arnott:index Investors Buy High, Sell Low

Bogleheads:
‘I wish I was as sure of anything as he is of everything.’ —Vanguard founder John C. Bogle, speaking of Rob Arnott
I hope this link to today's The Wall Street Journal article works:

Rob Arnott, ‘Godfather of Smart Beta,’ Tells Investors: You’re Doing It Wrong

Best wishes.
Taylor
by Taylor Larimore
Fri May 18, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: "Keep it Simple With Index Funds"
Replies: 8
Views: 1844

Re: "Keep it Simple With Index Funds"

Thank you for posting this, Taylor. No matter how many times we've heard the same message, it never hurts to hear it again. Because the temptation to tinker and tweek and touch and tangle is so strong. In investing, less is more. fortyofforty: The truth must be told over and over again because lies...
by Taylor Larimore
Fri May 18, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: "Keep it Simple With Index Funds"
Replies: 8
Views: 1844

"Keep it Simple With Index Funds"

Daniel Sotiroff, a manager research analyst for Morningstar, has written a very Bogleheadish article about index funds. These are excerpts: "The number of complex investment strategies available to investors has never been greater. But most investors are probably still best served by a few simple, m...
by Taylor Larimore
Fri May 18, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 6026

"Do unto others . . . "

I'm all for giving people the benefit of the doubt and whatnot, but, hypothetically, if the neighbor hasn't been accommodating to OP in the past, when the roles were reversed, would you suggest that it's still better to "take the high road" and try to be helpful to the neighbor even if it could be ...
by Taylor Larimore
Thu May 17, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: VFITX For Entire Bond Allocation [Vanguard Intermediate Term Treasury]
Replies: 11
Views: 1236

Re: VFITX For Entire Bond Allocation [Vanguard Intermediate Term Treasury]

And Taylor, further to my other reply to you, would you say that VSIGX is just as negatively correlated to the stock market in a downturn as VFITX is? Boxtrap: Sorry, I don't know. VSIGX wasn't around in the last 2008 bear market so it's hard to say -- and every downturn is different. I would stick...
by Taylor Larimore
Thu May 17, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: prearranged funeral plans-Neptune Society
Replies: 10
Views: 959

Re: prearranged funeral plans-Neptune Society

Bogleheads:

I have pre-arranged to have my body sent to the University of Miami Medical School. Several reasons: It should help medical research and help students be better doctors. No funeral expenses and less unpleasantness for heirs.

Best wishes.
Taylor
by Taylor Larimore
Thu May 17, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 2850

Re: Larry Swedroe: Value Premium Lives!

Dave:

Thank you for your thoughtful and well written reply to my last post.

Best wishes.
Taylor
by Taylor Larimore
Thu May 17, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 2850

Re: Larry Swedroe: Value Premium Lives!

Dave:

Thank you for your thoughtful and well written reply to my last post.

Best wishes.
Taylor
by Taylor Larimore
Wed May 16, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: VFITX For Entire Bond Allocation [Vanguard Intermediate Term Treasury]
Replies: 11
Views: 1236

Re: VFITX For Entire Bond Allocation [Vanguard Intermediate Term Treasury]

I'm considering using Vanguard's Intermediate Term Treasury Bond Fund (VFITX) as the one and only fund for the bond portion of my portfolio. So far I have been using Total Bond Market (VBTLX). Curious to know thoughts from fellow Bogleheads about the advantages and/or disadvantages of being all in ...
by Taylor Larimore
Wed May 16, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 2850

Factor investing with one fund.

if people are worried about value underperformance, that is just more reason to diversify across all the known factors, including market beta: market, size, value, momentum, profitability/quality. Dave: Total Stock Market Index Fund includes all U.S. stock factors in one fund. Please read my "Simpl...
by Taylor Larimore
Wed May 16, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off My Mortgage When I Retire?
Replies: 49
Views: 3720

Re: Should I Pay Off My Mortgage When I Retire?

My wife is retired. When I retire next March (at age 62), I’ll have a remaining mortgage balance of approximately $22,000 that will be paid off in March 2019 if I make the regularly scheduled payments. The interest rate is 2.49 percent on the five year loan. If I wanted, I could easily pay off that...
by Taylor Larimore
Wed May 16, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Thanks for the help! Putting it all together
Replies: 4
Views: 508

Re: Thanks for the help! Putting it all together

d4ldogger: I like your planned portfolio for these reasons: * Your plan meets your desired stock/bond allocation (very important). * Very low-cost. * Tax-efficient (everything in tax-advantaged accounts). * Very diversified (lower risk). * No fund overlap. * Simple to understand and maintain. Congra...
by Taylor Larimore
Wed May 16, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Safest Easiest Way to Terminate an Old KEOGH at Fidelity
Replies: 10
Views: 326

Re: What's the Safest Easiest Way to Terminate an Old KEOGH at Fidelity

jenbooks13 wrote:
Wed May 16, 2018 2:50 pm
Hi Taylor, that sounds reasonable--i'm on with Fido now. How did you close it?
Ask Fido. Every company is different.

Best wishes
Taylor
by Taylor Larimore
Wed May 16, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Federal Govt Retirees
Replies: 20
Views: 1304

Re: Question for Federal Govt Retirees

LuigiLikesPizza:

I am a retired federal employee.

In my opinion, the right thing to do is to give your employer enough advance notice to find a replacement and enough time to complete your own retirement papers as much as possible before retiring.

Best wishes.
Taylor
by Taylor Larimore
Wed May 16, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Thanks for the help! Putting it all together
Replies: 4
Views: 508

Re: Thanks for the help! Putting it all together

d4ldogger:

Your portfolio will be much easier to analyze if you change your percentages so that all your funds total 100%?

Use the little box containing a crayon at the top of your post to make the edit.

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed May 16, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Safest Easiest Way to Terminate an Old KEOGH at Fidelity
Replies: 10
Views: 326

Re: What's the Safest Easiest Way to Terminate an Old KEOGH at Fidelity

jenbooks13:

Welcome to the Bogleheads Forum!

My wife had on old Keogh with a relatively small balance. For the purpose of "Simplicity," we simply closed the account and put the money elsewhere.

Please read my "Simplicity" link below.

Best wishes.
Taylor
by Taylor Larimore
Wed May 16, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 2850

Bogle on Value tilted portfolios

Bogle strongly advocates passive investing in index funds, but even he expresses a preference towards value. Dave: Can you give a source? In his speech, The Telltale Chart Mr. Bogle stated: In any event, place me squarely in the camp of the contrarians who don't accept the inherent superiority of v...
by Taylor Larimore
Wed May 16, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 2850

Re: Larry Swedroe: Value Premium Lives!

Mr. Swedroe's Conclusion:

"My conclusion is that the most recent 10 years of performance is likely just another of those occasionally occurring but fairly long periods in which the value premium is negative."

It is difficult (and expensive) to try to "beat the market."

Best wishes.
Taylor
by Taylor Larimore
Tue May 15, 2018 5:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9072

Jack's Introduction to "The Bogleheads' Three-Fund Portfolio"

Dear Jack:

I replied earlier but I forgot to thank you for your beautiful and lengthy introduction to The Bogleheads' Three-Fund Portfolio book which is due for release next month.

You will receive the first copy.

Best wishes.
Taylor
by Taylor Larimore
Tue May 15, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 6026

Re: Neighbor wants to use our land temporarily - let them or not?

fsrph:

I agree with your first reply by livesoft:
Yes, I would not hesitate to do so and I wouldn't care at all about liability issues.
If there is one thing I have learned about neighbors, it is the great importance of keeping neighbors as friends.

Best wishes.
Taylor
by Taylor Larimore
Tue May 15, 2018 11:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9072

Original 89th Boglehead Birthday Wishes

Bogleheads:

It is always a treat when our mentor honors us with his posts!

This is the link to our original conversation last week celebrating Jack's 89th Birthday:

viewtopic.php?t=248999

Best wishes.
Taylor
by Taylor Larimore
Tue May 15, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Planning to buy car in next 6 months, please advise
Replies: 13
Views: 1408

Re: Planning to buy car in next 6 months, please advise

naturetech:

In my opinion, the April Car Issue of Consumer Reports is the best source of information for anyone buying a new or used car. It is available at most public libraries.

Best wishes.
Taylor
by Taylor Larimore
Tue May 15, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Tax Harvesting
Replies: 5
Views: 750

Re: Tax Harvesting

Would these two funds be considered substantially identical? VWIUX (intermediate term tax exempt bond fund) VMLTX (limited term tax exempt bond fund) if so, which Vanguard tax exempt bond fund should I consider for tax harvesting purposes once I sell VWIUX? Thank you. ad2007: In my opinion, VWIUX a...
by Taylor Larimore
Tue May 15, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: "5-Star Funds That Are Less Than Meets The Eye"
Replies: 4
Views: 989

"5-Star Funds That Are Less Than Meets The Eye"

Bogleheads: Uninformed investors often pick funds based on Morningstar "Star" Ratings. This can be a big mistake. According to Morningstar: The Star Rating is a purely quantitative, backward-looking measure that rates funds based on their risk-adjusted returns over three-, five-, and 10-year periods...
by Taylor Larimore
Mon May 14, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund in Taxable
Replies: 5
Views: 726

Re: Bond Fund in Taxable

CAGR: I doubt if any calculation is necessary. Anyone "in the highest tax bracket" should almost certainly be using tax-exempt municipal bond funds (or ETFs) in taxable accounts--assuming no room in tax-advantage accounts where taxable bond funds are preferred. I am not familiar with Schwab funds. J...
by Taylor Larimore
Mon May 14, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 6721

"The PRESENT"

Got diagnosed a three months ago with blood cancer (prognosis is mixed) and am undergoing treatment now (and will hopefully continue doing so for the next year). camillus24: There have been great advances in cancer treatments and pain relief -- so live every day the best that you can. I had my firs...
by Taylor Larimore
Mon May 14, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Agressive factor Investing
Replies: 44
Views: 4046

Re: Agressive factor Investing

Bogleheads:

16 years ago I heard Mr. Bogle give a speech in which he talked about "value" and "reversion to the mean." This is the link:

The Telltale Chart

Best wishes.
Taylor