Search found 438 matches

by maj
Fri May 08, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard U.S. Growth: Give me a reason
Replies: 29
Views: 7819

Re: Vanguard U.S. Growth: Give me a reason

You have good thoughts.
The loss is there for the taking.
And good choices for reinvestment such as Large Cap growth or Mega Cap Growth Index--if you want growth.

peace
by maj
Thu Apr 16, 2020 2:43 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1111
Views: 110541

Re: Jack Bogle - Two Fund Portfolio

Like so many on this thread--I have done it all over decades of investing and can now say that had there been a Balanced Index Fund when I started, and I had used only that fund all my life, I would have done better than I have by "doing it all." And without doubt would have slept better, read more ...
by maj
Wed Mar 18, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 184
Views: 17199

Re: Vanguard High Dividend Yield Index Fund

High Dividend is cap based, which provides a significant percent of high quality corporations at the top of the portfolio. It is highly diversified. Its yield gradually increases. I have owned it since it opened and have paid little or no capital gains taxes--low turnover. It annually costs pennies ...
by maj
Tue Feb 18, 2020 8:27 am
Forum: Personal Investments
Topic: VBIAX - Vanguard Balanced Index Fund
Replies: 14
Views: 2070

Re: VBIAX - Vanguard Balanced Index Fund

To Theorist. LifeStrategy Moderate is another excellent balanced index fund if you wish to have exposure to international stocks and bonds, as well as the USA markets. LS Moderate is a few basis points higher in cost, and delivers more capital gains when compared to Balanced Index--but compared to t...
by maj
Mon Feb 17, 2020 5:56 pm
Forum: Personal Investments
Topic: VBIAX - Vanguard Balanced Index Fund
Replies: 14
Views: 2070

Re: VBIAX - Vanguard Balanced Index Fund

If there is a simple, cheap, blue chip, tax friendly balanced fund, it is the Balanced Index Fund (which I own), or for high tax brackets, the Tax Managed Balanced Fund. Balanced Index is 100% index Tax Managed is index-like They are for prudent investors, who do not want to spend time making invest...
by maj
Mon Feb 03, 2020 11:25 am
Forum: Personal Consumer Issues
Topic: Books that changed your life
Replies: 146
Views: 10871

Re: Books that changed your life

Two books did that for me.
Poverty of Spirit by J B Metz (only about 54 pages)
Depth Psychology and a New Ethic by E Neumann (147 pages)

peace
by maj
Mon Jan 27, 2020 9:23 am
Forum: Personal Investments
Topic: Pulling the Trigger on a 'Three Fund Portfolio'
Replies: 4
Views: 428

Re: Pulling the Trigger on a 'Three Fund Portfolio'

American Funds are managed in a careful, professional manner and, overall, provide positive returns. The American funds charge annual management fees that are considered moderate. They also charge a small 12b-1 fee, basically a continuing load charge paid to the broker/company which sold you the fun...
by maj
Tue Jan 21, 2020 12:11 pm
Forum: Investing - Theory, News & General
Topic: ETF to Hold for 50 Years
Replies: 118
Views: 10448

Re: ETF to Hold for 50 Years

vt
or LifeStrategy Growth Fund.
by maj
Mon Oct 14, 2019 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Lump Sum Offer/Pension Buy Out (not from GE)
Replies: 6
Views: 1061

Re: Lump Sum Offer/Pension Buy Out (not from GE)

I am NOT am expert in this area. Since you plan to retire next year, and are 59 now, I assume the single annuity return at age 65 is not available. In order to approximate the annual return of $9,900 from the annuity offered now ($198,000 over 20 years), you would have to earn a return of at least 5...
by maj
Mon Sep 23, 2019 10:44 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 32540

Re: VTIAX International fund - should I give up on it?

Lots of good thoughts here. Thank you. I am longtime indexer and diversified globally. However, growing older I am concerned about global instability political and economic. Instability seems to have expanded in recent decade and currently does not offer hope of stability. I am aware that Vanguard w...
by maj
Fri Aug 23, 2019 10:25 am
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 30142

Re: Larry Swedroe: Factor Investing Works (Despite What Some May Say)

Nisiprius

Thank you for your contribution.
Though certainly not the only option, the conclusion you draw is so sensible, so minimum tax vulnerable, so low cost, so anxiety-reducing that I totally agree--for what it is worth!

peace
by maj
Mon Jul 08, 2019 11:05 am
Forum: Personal Investments
Topic: Vanguard LifeStrategy vs 3 fund portfolio
Replies: 10
Views: 1524

Re: Vanguard LifeStrategy vs 3 fund portfolio

So good to read positive statement about the LifeStrategy funds. When Vanguard raised the international equity allocation from 20 to 40% some years ago, I was not comfortable. So I opened Balanced Index Fund. From equal amounts in the Balanced Index Fund and the LifeStrategy Growth fund, I have abou...
by maj
Sun Jul 07, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Why do Vanguard Target Retirement and LifeStrategy hold "Investor" rather than "Admiral" shares?
Replies: 7
Views: 1155

Re: Why do Vanguard Target Retirement and LifeStrategy hold "Investor" rather than "Admiral" shares?

You are correct--it is an administrative issue re costs. If Admiral funds were used, Vanguard would likely need to add a few basis points to cover the extra expenses of managing and rebalancing the multi-fund portfolio. As the cost of investor class shares decrease, there is a corresponding decrease...
by maj
Wed Jul 03, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: Bond yield too low, how about high yield stock?
Replies: 24
Views: 1971

Re: Bond yield too low, how about high yield stock?

If you do seek income from equity, I suggest you look carefully at Vanguard High Dividend Yield Fund/etf. You can offset some of the risk of sector investment through diversification. And it is free. VHDYX (VYM) has a history of moderate, steady dividend increases. Morningstar gives it high praise f...
by maj
Wed Jul 03, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Protect my inheritance from divorce with a trust?
Replies: 30
Views: 3482

Re: Protect my inheritance from divorce with a trust?

You've got one shot to do this correctly. Louisiana law is patriarchal and unique. I suggest you engage a law firm which specializes in Louisiana inheritance law. I deliberately suggest a 'firm,' and not a solo attorney. More expensive to use a firm, of course, but you enjoy the benefits of more tha...
by maj
Wed Jun 12, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: Best Vanguard value factor exposure?
Replies: 42
Views: 3714

Re: Best Vanguard value factor exposure?

Value factor? The topic line question.

Ever think of Vhdyx - vym?

peace
by maj
Tue May 28, 2019 5:25 pm
Forum: Personal Investments
Topic: Kids accounts: Vanguard Total World Stock
Replies: 36
Views: 3731

Re: Kids accounts: Vanguard Total World Stock

You do not have enough to open two accounts for each child, one domestic and the other international.

Your plan for small kids is excellent.

Just do it.

peace
by maj
Thu May 23, 2019 10:46 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14897

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

This may not be the place to make a suggestion for Vanguard. We'll see. I suggest Vanguard consider expanding its category of Global Funds, for the sake of clarity. And change some names as may be necessary. For example: GLOBAL FIXED ALLOCATION INDEX FUNDS Global World Stock Fund (100% equity) Globa...
by maj
Thu Apr 25, 2019 10:57 am
Forum: Personal Investments
Topic: Investment advice for $800,000 age 62
Replies: 24
Views: 3564

Re: Investment advice for $800,000 age 62

Your patience is sound, I believe. Assuming what needs to be assumed re insurance, emergency funds, etc.: If you want fully taxable investment, simple, cheap, minimum to zero annual capital gains distributions, consider Balanced Index Fund. If partial non-taxable desired, consider Tax Managed Balanc...
by maj
Mon Apr 01, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Growth Fund (VASGX)
Replies: 12
Views: 3030

Re: Vanguard LifeStrategy Growth Fund (VASGX)

I & family have used LifeStrategy Growth Fund (VASGX) since it was created. An excellent investment which Vanguard has improved over the years. It is now a global balanced fund, 100% indexed, and very low cost. We prefer VASGX fixed allocation (80% stock, 20% bond) rather than a Target Date gliding ...
by maj
Wed Mar 27, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?
Replies: 76
Views: 4626

Re: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?

I finally learned: There is nothing more useless than the answer to a question that has not been asked. I do not offer advice re finances unless I am asked. Before offering advice, I ask how the person came up with such an important question? By the time they finish answering my question, I will kno...
by maj
Mon Mar 25, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance of Trad IRA
Replies: 40
Views: 2550

Re: Inheritance of Trad IRA

you might want to other professionals than those you are using
nothing wrong with comparing advice you are receiving

some of what you are being told just sounds weird!

peace
by maj
Thu Mar 14, 2019 3:10 pm
Forum: Personal Investments
Topic: Wellington Fund (VWENX) vs. LifeStrategy Moderate Growth Fund (VSMGX)
Replies: 11
Views: 2420

Re: Wellington Fund (VWENX) vs. LifeStrategy Moderate Growth Fund (VSMGX)

I like both funds, and own Wellington and LS GROWTH Fund.

I believe that LS MODERATE Growth fund is the better constructed fund for a hands-off long-term investor. It may slightly under-perform Wellington, but it offers far less capital gains tax liability.

peace
by maj
Thu Mar 07, 2019 3:20 pm
Forum: Personal Investments
Topic: Why aren’t Fido’s lower ERs a reason to switch from VG?
Replies: 43
Views: 3343

Re: Why aren’t Fido’s lower ERs a reason to switch from VG?

Likely I have the same motive to remain with Vanguard as do the senior staff, all of whom could earn larger salaries and be granted options (in some form) at Fidelity or other firms: I am not buying a product; rather, I am buying a philosophy of financial management which I do not see available at F...
by maj
Mon Mar 04, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: Cap gains distributions (taxes) - Index (VFIAX) vs. Active (FCNTX)
Replies: 7
Views: 655

Re: Cap gains distributions (taxes) - Index (VFIAX) vs. Active (FCNTX)

Capital Gains, short and long term, are paid by any mutual fund, active or indexed, whenever stocks are sold at a profit. Normally an investor can take the gains in cash or reinvest in the fund. Since index funds have very low turnover (purchases and sales of stocks), their realized gains are signif...
by maj
Tue Jan 15, 2019 3:53 pm
Forum: Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 2021

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

you can always split the monies between the two funds, which provides less international exposure than LS alone.
Personally I use Balanced Index + Lifestrategy GROWTH fund and achieve a 70/30 allocation.
by maj
Thu Jan 03, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Minimum Investment Cuts Overdue"
Replies: 52
Views: 5958

Re: "Vanguard Minimum Investment Cuts Overdue"

Why does Vanguard not address the fees for the LifeStrategy Funds? These funds of funds invest in investor class shares. It is understandable to a point, since Vanguard does not lay on an extra level of administrative fees for the LS funds. However, the LS funds are not receiving comparable fee redu...
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: 13159

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: 578

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: 1111
Views: 110541

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: Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 10142

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: Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 128
Views: 10972

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: 577

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: Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 4670

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: 35
Views: 5396

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: 1866

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: Personal Investments
Topic: Life Strategy Growth Fund, Target Fund, or Total Stock Market
Replies: 45
Views: 3885

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: 2335

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: Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 13
Views: 1101

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: Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 13
Views: 1101

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: Personal Investments
Topic: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]
Replies: 33
Views: 5604

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: 109
Views: 18489

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: 109
Views: 18489

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: 129
Views: 24301

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: 2499

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: 24811

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: Personal Investments
Topic: All in on VWENX or diversify? [Vanguard Wellington]
Replies: 13
Views: 4943

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: 5154

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

Taylor, thank you for all the your comments, most helpful.
peace
maj