Search found 410 matches

by maj
Fri Sep 14, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Ok reasons for a 37 year old to have a 60/40 mix?
Replies: 66
Views: 11342

Re: Ok reasons for a 37 year old to have a 60/40 mix?

Is the OP invested in the Balanced Index Fund? Or a managed fund?
peace
by maj
Tue Sep 11, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: Expanded versions of Balanced Index Fund?
Replies: 5
Views: 420

Expanded versions of Balanced Index Fund?

Does anyone, besides me, desire to have additional Balanced Index Fund allocations, in addition to the current 60% Total USA Stock Market and 40% Total USA Bond Market?

For example,
80-20
60-40 current single allocation
40-60
20-80

peace
by maj
Wed Aug 15, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 92
Views: 19294

Re: Jack Bogle - Two Fund Portfolio

for 60/40 investors, who want only 20% international stock, I know folks who hold Vanguard Balanced Index Fund and Vanguard LifeStrategy Moderate Growth Fund, keep them more or less balanced at 50%-50% or 'let 'em run unbalanced' About 11 cost basis points per annum Very happy investors Also know of...
by maj
Thu Jul 19, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9328

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Good for you coming to Boglehead.org. I do not know your age. Regardless, please pay attention to the suggestions that you diversify. I hope you do not fulfill the old saying: No one believes anything until he discovers it for himself. If you hold on to a single inherited stock of significant value,...
by maj
Wed Jul 18, 2018 9:35 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7860

Re: How do you handle the urge to DO something?

I force myself to remember the times past when I have 'done something' and was full of regret quite soon.
by maj
Fri Jul 13, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Siegel and the business cycles
Replies: 5
Views: 492

Re: Siegel and the business cycles

nisiprius

thank you

you generously provide balanced viewpoints, and do so frequently

again, thank you

peace
by maj
Thu Jul 05, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 4140

Re: Do you count pension contributions as a portion of your overall retirement contributions.

When businesses 'shut down a (defined benefit) pension,' they have to follow strict federal laws, which do provide options for the employers and the employees. For example, retired can receive a lump sum (and roll it over if so desired), or an annuity which must provide the same benefits as the pens...
by maj
Thu Jun 28, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Bernstein watchers - where do you go to see his current writing or current allocation preferences ?
Replies: 32
Views: 4168

Re: Bernstein watchers - where do you go to see his current writing or current allocation preferences ?

Re Admiral share classes for Target Date and LifeStrategy Funds. I believe that the additional expense of managing and rebalancing TD and LS funds of funds is the reason why Investor share classes are used. If Admiral share classes were used, Vanguard might have to add some basis points to the lower...
by maj
Tue Jun 26, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: San Antonio and Austin trip
Replies: 23
Views: 1644

Re: San Antonio and Austin trip

if you have political interests, the LBJ library in Austin, and an hour or so west of Austin is Johnson City (the house where LBJ was born) and especially the ranch on the Pedernales river. The family cemetery, next to the river, is special moment.
by maj
Wed Jun 20, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Growth Fund, Target Fund, or Total Stock Market
Replies: 45
Views: 3091

Re: Life Strategy Growth Fund, Target Fund, or Total Stock Market

In a taxable or non-taxable situation, the Vanguard LifeStrategy Growth Fund is an excellent balanced fund--constantly re-balancing with low turnover and minor capital gains. Only 20% is invested in bonds, so holding it in a taxable account results in only a small extra income tax on the income prod...
by maj
Wed Jun 20, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for long-term care of a brother with Autism? (Financial aspect)
Replies: 27
Views: 2128

Re: Planning for long-term care of a brother with Autism? (Financial aspect)

also ask an attorney if you need to file for guardianship or ask if having general power of attorney (unrestricted) for your brother is sufficient.

I am inspired by your goodness.
Thanks for sharing.
by maj
Wed Jun 20, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 13
Views: 993

Re: Target Date Fund in Taxable / Large Unrealized Gain Question

I forgot, so let me add
6. You can give shares to charity each year.
by maj
Wed Jun 20, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 13
Views: 993

Re: Target Date Fund in Taxable / Large Unrealized Gain Question

Football Fan, I may be missing something about this being a problem. 1. Any long term c.g. tax is minor issue given your assets and earning power. 2. You do not give your age, so I will guess that you about 40 years of age, with two kids. 3. You can use the investment to pay your kid's college expen...
by maj
Fri Jun 01, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]
Replies: 33
Views: 3268

Re: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]

Welcome. Good plan. I invested in VASGX in a taxable account when it was offered over 20 years ago. Principal investment for me. Family and friends use it for taxable and tax-deferred accounts. It has evolved into a much better 100% indexed global fund over the years. Stunningly cheap for a person w...
by maj
Fri Apr 27, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 76
Views: 8799

Re: Another Warren Buffett S&P 500 Recommendation

'tab' is the old name for diet coke
by maj
Fri Apr 27, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 76
Views: 8799

Re: Another Warren Buffett S&P 500 Recommendation

For sure, Buffet's repeated endorsement of the S&P 500 keeps us talking about him.
Maybe he enjoys that.
I bet he reads threads like this and laughs out loud.
Right, Warren?
by maj
Fri Apr 20, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 98
Views: 13147

Re: We crush stock indexes, Yale claims

If the Yale investment team does not beat the indexes, then they should be FIRED.

Why is the team boasting about what they are paid to do, and expected to do?

My reply to Yale investment team: So What?

peace
by maj
Tue Apr 10, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: Boosting Returns With Rebalancing
Replies: 11
Views: 2090

Re: Allan Roth: Boosting Returns With Rebalancing

It is important to include not only gains and losses in the comparison between rebalanced and buy&hold, but also the emotional tolerance of the investor who may not wish to watch a 70% stock holding fall to 35% in a bear market.
by maj
Mon Apr 09, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 240
Views: 19568

Re: Swedroe: Look Beyond 60/40 Portfolio

Mr and Mrs. John Bogle invest in the Vanguard Balanced Index Fund (60/40) for their grandchildren.

Has John offered an opinion on Swedroe's suggestion?

peace
by maj
Fri Mar 16, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: All in on VWENX or diversify? [Vanguard Wellington]
Replies: 13
Views: 2966

Re: All in on VWENX or diversify? [Vanguard Wellington]

OR if you like Wellington management, you could add the new Global Wellington Fund and increase your international exposure while continuing to invest in another balanced fund with emphasis on quality stocks and bonds. Or, add LifeStrategy Moderate Growth Fund (indexed usa and international) Or--yaw...
by maj
Mon Feb 05, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: "A Target-Date Fund Series Wins Gold"
Replies: 35
Views: 4599

Re: "A Target-Date Fund Series Wins Gold"

Taylor, thank you for all the your comments, most helpful.
peace
maj
by maj
Mon Feb 05, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: "A Target-Date Fund Series Wins Gold"
Replies: 35
Views: 4599

Re: "A Target-Date Fund Series Wins Gold"

Moto, good point re tax loss harvesting.

This potential investment will be for nieces and nephew whose only knowledge and involvement with investing is: Does it pay dividends?

peace
by maj
Mon Feb 05, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: "A Target-Date Fund Series Wins Gold"
Replies: 35
Views: 4599

Re: "A Target-Date Fund Series Wins Gold"

Taylor, do you recommend against the Total World Stock Fund (vtwsx) for a taxable account?
If so, is it because of the current 45% international allocation is too high for you?
Thank you.

peace
by maj
Fri Jan 26, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Liquidate or distribute stocks in settling an estate?
Replies: 15
Views: 1925

Re: Liquidate or distribute stocks in settling an estate?

Liquidate and you have solved problems that absolutely will arise if you distribute assets.
I am assuming you do not enjoy pain.
by maj
Wed Dec 20, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Getting Charged a High Management Fee at Wells Fargo
Replies: 49
Views: 3875

Re: Getting Charged a High Management Fee at Wells Fargo

Wells Fargo has been on the front page of all major newspapers for the past 3 years as fostering a climate of deception of its customers.
Why is ANYBODY still depositing money, for any purpose, with WFC?

peace
by maj
Tue Dec 19, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: At 34, Target 2050 (VFIFX) or LifeStrategy Growth (VASGX)
Replies: 9
Views: 1349

Re: At 34, Target 2050 (VFIFX) or LifeStrategy Growth (VASGX)

In my taxable account, my core is LifeStrategy Growth (with a static 20% in bonds, the tax issue does not bother me). I like prefer vasgx as a static allocation core investment for the following reasons: 1. I am forced to use total market index funds for the large majority of my taxable investments....
by maj
Thu Nov 30, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 11136

Re: Can I afford a $1,400,000 house

Question:
How many rooms can you be in at the same time?
If the answer is only one, then why do you need a $1.4 million home?

peace
by maj
Mon Nov 27, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 9116

Re: CNBC says Vanguard says 70% Chance of "Correction"

I was surprised by the report from Vanguard because it does not normally get into the guessing game.
On more thought, I think the management of the company we own is attempting to reduce anxiety and panicky selling by offering a professional caution signal in advance of what is inevitable.

peace
by maj
Sun Nov 19, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation and SS Income
Replies: 8
Views: 1379

Re: Asset Allocation and SS Income

Income streams? Based on what assets? SS income stream based on soundness of SS system. Needs to be evaluated on individual basis. I am in my 80's and have decided that SS is sound for my life expectancy. So I 'own' a virtual bond portfolio of $315,000 based on my assumption that the 10 year Treasur...
by maj
Sun Oct 29, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Question: Multi-year investment results by Vanguard
Replies: 11
Views: 1162

Re: Question: Multi-year investment results by Vanguard

Thank you for the suggestions re Morningstar.
peace
by maj
Sat Oct 28, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 220
Views: 38207

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Taylor, what degree of approval do you give to the use of one of the 4 LifeStrategy Funds?

Thanks for all you do for us.

peace


SORRY, I just found a 2013 thread which answers my question.
maj
by maj
Sat Oct 28, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Question: Multi-year investment results by Vanguard
Replies: 11
Views: 1162

Question: Multi-year investment results by Vanguard

Does anyone on this board agree with the following suggestion. I have recommended it twice to Vanguard in their email polls; I did not expect a personal reply. Vanguard offers for its funds-etfs total returns up to 10 years. I suggest it would be most helpful to long-term investors if they added 15,...
by maj
Thu Oct 26, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Do you include the capitalized value of Social Security in your asset allocation?
Replies: 32
Views: 2771

Re: Do you include the capitalized value of Social Security in your asset allocation?

Yes. Absolutely.
I also have a secure defined benefit and capitalize that as well.

peace
by maj
Mon Oct 23, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Is a Total Stock Market Index enough...
Replies: 36
Views: 7856

Re: Is a Total Stock Market Index enough...

Question.
Does anyone know why Warren Buffet prefers the S&P 500 Index over the Total USA Market Index?

My suspicion is that he prefers proven quality corporations.
Corporations that make it thru the S&P 500 screening process have at least minimum quality standards.

Thoughts, please.

Peace
by maj
Tue Sep 19, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 112
Views: 14024

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

Swedroe assumes that mathematics is the sole dimension of financial life. For him that is likely the case. I do not challenge his mathematical conclusion re income from dividends or sale of shares; however, I do challenge his complete disregard of 'individual differences' (Psy 101). Those who experi...
by maj
Mon Sep 11, 2017 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 3760

Re: Wellington/Wellesley diversification help

This quarter Vanguard will introduce Global Wellington Fund and Global Wellesley Fund.
Why not take a look at these when offered?
peace
by maj
Tue Sep 05, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: Book Recommendations: Nutrition / Psychology
Replies: 28
Views: 3281

Re: Book Recommendations: Nutrition / Psychology

Depth Psychology and a New Ethic by Eric Neumann. Paperback, about $20 Early one morning, many years ago. I started reading this thin volume based on Carl Jung's psychology. I could not stop, missed all meals, and finished in the late evening. That was the first of many readings. The book turned my ...
by maj
Thu Aug 10, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: Alternatives to the Vanguard Total International Fund?
Replies: 33
Views: 5603

Re: Alternatives to the Vanguard Total International Fund?

Read about VIGI (etf) or Vanguard International Dividend Appreciation Fund.
This fund is not a like-to-like comparison with Total International. It is, however, a reasonably prudent approach to international investing.
peace
by maj
Thu Aug 03, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 129
Views: 36301

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

tj
I concur.
I hope to see a global dividend appreciation index fund/etf
and a global high dividend yield index fund/etf
peace
by maj
Sat Jul 29, 2017 7:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 129
Views: 36301

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Though we are invested 80% in index funds, we do have Wellington and Wellesley in tax-deferred accounts. Wellington management is most careful regarding stock selection in general, and more so with international stocks. I believe the Global versions will be welcomed by folks who want exposure to int...
by maj
Fri May 19, 2017 4:57 am
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 8702

Re: Convince me to get back into stocks!

I hope it does not take you as long as it took me to grasp the implications of Bogle's and Buffet's investment advice. 27 years of age? $50,000.00 to invest in tax-deferred 401k? Use a Target Date Fund with the stock/bond allocation you prefer. If Vanguard Target Date funds are available, you've hit...
by maj
Sat Mar 25, 2017 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio update: Is adding Target Retirement Income to AA of Wellesley + Balanced Index+Total Bond redundant?
Replies: 14
Views: 1500

Re: Portfolio update: Is adding Target Retirement Income to AA of Wellesley + Balanced Index+Total Bond redundant?

For what it is worth, some family and friends who want conservative stock allocations split their investable monies 50-50 between
Wellesley and LifeStrategy Conservative growth--a good way to diversify both bonds and stocks. Both funds are approximately 40% stocks and 60% bonds.
peace
by maj
Fri Mar 17, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs. all-in-one fund
Replies: 37
Views: 7066

Re: 3 fund portfolio vs. all-in-one fund

Likely nothing will be a perfect solution. For simplicity: Vanguard Total World Stock Fund for stocks. Vanguard Tax Free Intermediate Term Bond Fund for bonds. Begin with whatever allocation you can tolerate, for example, 75% stock fund, 25% bond fund, and add investments in a way that keeps your pr...
by maj
Wed Feb 15, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: VYM vs. VTV ... Looking for a Large Cap Value ETF
Replies: 6
Views: 1548

Re: VYM vs. VTV ... Looking for a Large Cap Value ETF

VYM has a different process than simple indexing by capitalization. Prior to indexing by capitalization, the management several steps to seek higher yielding securities, eliminates certain types of securities, etc. The process is clearly described in the full prospectus available online. In my opini...
by maj
Fri Jan 27, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns is Signing Off -- He'll be missed
Replies: 25
Views: 7373

Re: Scott Burns is Signing Off -- He'll be missed

Absolute integrity.
Been reading and following his advice for decades.
Scott, thanks for your guidance.
peace
by maj
Thu Jan 26, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Life Strategy 80%
Replies: 16
Views: 4503

Re: Vanguard Life Strategy 80%

bigred77

I agree that 5% is realistic for a 10-20 years holding period for the unique allocations in VLSGX .

maj
by maj
Thu Jan 26, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend yields higher in VPU (Utilities ETF) than in VYM (High Dividend Yield) ETF
Replies: 9
Views: 1512

Re: Dividend yields higher in VPU (Utilities ETF) than in VYM (High Dividend Yield) ETF

maj back for a comment.
You mention your preference for income stocks and regret the reduced income if you invest internationally.

You might look at two new dividend funds offered by Vanguard last year
International High Dividend Yield ETF (VHYI)
International Dividend Appreciation ETF (VIGI)

peace
by maj
Thu Jan 26, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Life Strategy 80%
Replies: 16
Views: 4503

Re: Vanguard Life Strategy 80%

I bought LS Growth 80-20 when it opened over 20 years ago. It has been a remarkable investment strategy over two decades, with Vanguard management slowly improving the fund until it is now 100% index funds and has become a global index fund with a 20% safety value in quality bonds, which permits the...
by maj
Wed Jan 25, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend yields higher in VPU (Utilities ETF) than in VYM (High Dividend Yield) ETF
Replies: 9
Views: 1512

Re: Dividend yields higher in VPU (Utilities ETF) than in VYM (High Dividend Yield) ETF

I do not see what allocation between stocks and bonds you have chosen. This is a primary issue in itself, and even more so if you intend to increase investments in the utilities ETF since utilities are primarily an income investment vehicle. You seem to be a sector investor, which certainly leaves r...