Search found 23522 matches

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: 528

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: 365

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: 1396

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: 528

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: 365

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: 3068

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: 3068

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: 9875

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: 6282

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: 9875

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: 1475

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: 789

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: 1038

"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: 781

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: 6906

"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: 4192

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
by Taylor Larimore
Sun May 13, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Investment Options
Replies: 6
Views: 540

Need Expense Ratios

Hello everyone, The company I work for just started offering a 401K plan (no employer matching currently) with the following funds: Stocks: Amer Beacon Small Cp Val Inst - AVFIX ClearBridge Small Cap Growth I - SBPYX Columbia Mid Cap Index Inst2 - CPXRX Hartford Dividend & Growth R5 - HDGTX iShares...
by Taylor Larimore
Sun May 13, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap value tilt
Replies: 15
Views: 2046

The Three-Fund Portfolio

lslurpeek:

This is your second post in four years. Welcome Back!

My immediate thought is that you have neglected the largest and most successful companies in the United States. Seems unnecessarily risky to me.

Consider the advantages of The Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Sun May 13, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Bogleheads® Wiki 2018 annual report - Happy Tenth Anniversary!
Replies: 9
Views: 753

Re: Bogleheads® Wiki 2018 annual report - Happy Tenth Anniversary!

Lady Geek:

You and the other Bogleheads who developed and manage our wiki are the unsung heroes on this wonderful forum!

Happy Mothers Day!

Taylor
by Taylor Larimore
Sat May 12, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 82
Views: 11437

Re: Avoiding the Hassle Factor

Bogleheads:

In my opinion, the easiest way to avoid the "Hassle Factor" is to own few funds; few accounts; and as few companies as possible.

Best wishes.
Taylor
by Taylor Larimore
Sat May 12, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 98
Views: 10529

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

heyyou wrote:
Sat May 12, 2018 10:14 am
Wasn't Taylor L. the head of the Florida offices, a high level position?
heyyou:

I was head of the South Florida Financial Division of SBA.

Best wishes.
Taylor
by Taylor Larimore
Fri May 11, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Index allocation help for a beginner
Replies: 14
Views: 1177

Re: Index allocation help for a beginner

ChrisO: Welcome to the Bogleheads Forum! I will try to answer your questions (in blue ) as I read through your post Hello everyone, I have just finished reading John Bogle's books on common sense investing and believe on the power of indexing. No reasonable person can read Mr. Bogle's "Common Sense"...
by Taylor Larimore
Fri May 11, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax form [Rejected as photocopy, signature must be in blue ink]
Replies: 41
Views: 3302

Re: IRS tax form [Rejected as photocopy, signature must be in blue ink]

Sign it in glitter glue. I think this agent is being a bit ridiculous and deserves this kind of response.
Bogleheads:

Having served in the IRS, I suggest:

Never spit in the eye of a bulldog.

Best wishes.
Taylor
by Taylor Larimore
Fri May 11, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 104
Views: 12636

Safe fixed-income ?

Bogleheads: When experts disagree it is often because there is no foreseeable difference. In my opinion, ANY good quality, low-volatility security should suffice as the safe fixed-income component of a portfolio. Increase the stock allocation for higher return (and more risk) I favor a low-cost tota...
by Taylor Larimore
Fri May 11, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6824

SPIAs and inflation?

I disagree with the general statement that SPIA is "longevity insurance". While it certainly assures that you will have some money coming in every month but it doesn't guarantee at all that that money will actually buy anything. Inflation is the enemy. A long enough period of inflation and your so ...
by Taylor Larimore
Fri May 11, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6824

History of Lifetime Annuities

Bogleheads: The theory behind a lifetime income annuity (SPIA) is simple and makes sense: The savings from those who die early is used to supplement the savings of those who die late. According to Investopedia, the annuity's evolution has been long and continues as part of actuarial science. Ulpian ...
by Taylor Larimore
Thu May 10, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6824

Re: Factors Suggesting One Should Buy SPIA

Question,...when you annuitize at a young age like 63 , shouldn’t one consider inflation risks? In 15-20 years annuity payments may not be sufficient. Are you planning to use your portfolio for the extra funds or an SPIA ladder purchased later, or something else? gilgamesh: In my view, it is best t...
by Taylor Larimore
Thu May 10, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6824

Re: Factors Suggesting One Should Buy SPIA

Question,...when you annuitize at a young age like 63 , shouldn’t one consider inflation risks? In 15-20 years annuity payments may not be sufficient. Are you planning to use your portfolio for the extra funds or an SPIA ladder purchased later, or something else? gilgamesh: In my view, it is best t...
by Taylor Larimore
Thu May 10, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2162
Views: 1349551

Re: The Three-Fund Portfolio

you should include small caps and or small cap and large cap value along with reits small caps historically have done 2% better yearly Kennyt7: The Three-Fund Portfolio already contains the market weight in small-caps, large-cap value and REITs. Past performance does not forecast future performance...
by Taylor Larimore
Thu May 10, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for the Experts Panel at the Bogleheads Conference?
Replies: 19
Views: 5436

Rick Ferri

For the Bogleheads community We just received some exciting news for the Bogleheads Conference on October 3/4/5. Rick Ferri will be attending the conference and be sitting on the expert panel so you have one more expert to help answer your financial questions. Bogleheads: In June, 2002, at a Mornin...
by Taylor Larimore
Thu May 10, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice from Pension Fund Manager - Should I listen?
Replies: 39
Views: 1828

"What Experts Say About Market Timing"

Hello all, Long time lurker first time poster. I currently have about 6k invested in a taxable account (VWO, VOO), 20k in a Roth IRA (VTSMX, VXUS) and this last weekend I was discussing the outlook of the economy, housing, and market with a pension fund manager (friends parent). He said most of the...
by Taylor Larimore
Thu May 10, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Developed Markets Index Fund as substitute for Total International Stock Fund?
Replies: 27
Views: 2379

Re: Vanguard Developed Markets Index Fund as substitute for Total International Stock Fund?

MaterialGuy: I agree with Dottie57: "Leave in the target date fund." Several reasons: * Target funds are designed by company experts. * Morningstar rates Vanguard Target Funds among the best. * Target funds never need rebalancing. * Target funds automatically become more conservative with age. * One...
by Taylor Larimore
Thu May 10, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Index funds model
Replies: 18
Views: 2014

Vanguard Customer Service

Many on this board would suggest Schwab or Fidelity, which have better customer service than Vanguard. Bogleheads: The underlined quote is debatable. Any company with millions of customers (especially a rapidly growing company) will have disgruntled customers and some come here to complain. I have ...
by Taylor Larimore
Thu May 10, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: "Essential Financial Documents for Every Life Stage"
Replies: 1
Views: 549

"Essential Financial Documents for Every Life Stage"

Bogleheads: It is very important for each of us to have certain life-documents like these: Beneficiary Designations Will Living Will/Advance Directive Power of Attorney for Healthcare, Financial Investment Policy Statement Master Directory Christine Benz, Morningstar Director of Personal Finance and...
by Taylor Larimore
Wed May 09, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2162
Views: 1349551

Re: The Three-Fund Portfolio or a Target Fund?

This is probably a very rookie question (and if it's misplaced, apologies in advance) - but what is the advantage of going with a three-fund portfolio (US equity/non-US equity/fixed income) vs. a single target fund? shorekat14: It is not a "rookie" question because the Three-Fund and a low-cost Tar...
by Taylor Larimore
Wed May 09, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Divesting from Target Retirement funds
Replies: 6
Views: 920

Re: Divesting from Target Retirement funds

MartinOM28V wrote:
Wed May 09, 2018 11:59 am
Is there an optimal time to move out of a Vanguard Target Retirement fund in favor of going with a 3 or 4 fund scenario?
MartinOM28V:

You may be interested in this post I made earlier today:

The Three-Fund Portfolio or a Target Fund ?

Best wishes
Taylor
by Taylor Larimore
Wed May 09, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: High fee funds
Replies: 26
Views: 3198

Re: High fee funds

How about heads 20 times? KSActuary: The fund with the longest history of beating the S&P 500 Index Fund (15 years) is Legg Mason Value Trust (LMVTX). According to Morningstar, LMVTX is now in the BOTTOM 1% of all funds in its category (Large Blend) for 15-year returns. Jack Bogle: The biggest mist...
by Taylor Larimore
Wed May 09, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2162
Views: 1349551

Re: The Three-Fund Portfolio or a Target Fund?

This is probably a very rookie question (and if it's misplaced, apologies in advance) - but what is the advantage of going with a three-fund portfolio (US equity/non-US equity/fixed income) vs. a single target fund? shorekat14: It is not a "rookie" question because the Three-Fund and a low-cost Tar...
by Taylor Larimore
Tue May 08, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Happy 89th birthday to [Jack] Bogle
Replies: 44
Views: 2668

"If a statue is ever erected . . ."

Bogleheads: There is no one in the mutual fund industry with a greater combination of practical experience, inventive genius, perseverance, literary ability, kindness, modesty, desire to help others and impeccable character than or mentor, Jack Bogle. If a statue is ever erected to honor the person ...
by Taylor Larimore
Tue May 08, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6824

Educating an adult child about investing

I am in the process of educating one of my adult children who will be attending the BH national meeting for the first time this year.
SGM:

In my opinion, this is one of the best things you can do to start an adult child on the road to investment success.

Best wishes
Taylor
by Taylor Larimore
Mon May 07, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2162
Views: 1349551

Rebalancing?

Great stuff, thank you. Do you think this would also be the case with an 80/20 allocation of Total Stock and Total Bond? I have never done automatic rebalancing. epicahab: I don't know the answer (the period chosen in the study had similar stock/bond returns). The primary purpose of rebalancing is ...
by Taylor Larimore
Mon May 07, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Why the shift away from the S&P?
Replies: 32
Views: 4060

Two excellent funds

Here's a Morningstar growth chart that compares VTSMX (Vanguard Total Stock Market Index, blue) with VFINX (Vanguard S&P 500 Index, yellow), both with dividends reinvested, since 1992. VFINX was ahead in the late 1990s and early 2000s, and VTSMX had been ahead by a hair since the early 2010s. 22twa...
by Taylor Larimore
Mon May 07, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Options
Replies: 20
Views: 1592

Re: Investing Options

Thegame14:

Welcome to the Bogleheads Forum!
I want to now start putting more money each month from our income into investments, probably only a couple hundred dollars a month.
Read a good book on investing and consider The Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Sun May 06, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6824

Re: Factors Suggesting One Should Buy SPIA

antiqueman: At the age of 80 my wife and I bought a joint single premium immediate annuity (SPIA), the only good annuity). The annuity was simple to understand and very competitive in price. It paid about 10% (including principal) We were happy with our choice and bought another a year later. "What ...
by Taylor Larimore
Sun May 06, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Agressive factor Investing
Replies: 44
Views: 4192

Re: Agressive factor Investing

TM90 wrote:Just to be clear on this at the moment I'm invested in the classic buy and hold total market approach. ---What do you think?
TM90:
The enemy of a good plan is the dream of a perfect plan. -- Jack Bogle
Stay the course.

Best wishes.
Taylor
by Taylor Larimore
Sat May 05, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Jonathan Clements "Where Money Grows Up"
Replies: 9
Views: 2051

Re: Jonathan Clements "Where Money Grows Up"

Here are 21 signs you're a HumbleDollar reader:
If you find yourself agreeing with these 21 signs (as I do) -- you are a Boglehead.

Thanks, arcticpineapplecorp.

Best wishes.
Taylor
by Taylor Larimore
Sat May 05, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2162
Views: 1349551

Endorsements for The Three-Fund Portfolio

Bogleheads: The Bogleheads' Three-Fund Portfolio book is scheduled for release next month. My publisher (Wiley) sent an early draft to four well-known and very knowledgeable mutual fund authorities asking for their endorsement. These are their replies: "The vast majority of investment products and s...
by Taylor Larimore
Sat May 05, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target retirement funds
Replies: 28
Views: 3630

ETFs or Mutual Funds?

Ok thanks Taylor. quick question- Any reason why Buffett would pick an ETF fund over a mutual fund? I know the major differences between the two but not sure what advantage an ETF like VOO has vs. a mutual fund like VFIAX. They are both S&P 500 funds and one is priced per share and traded (VOO) and...
by Taylor Larimore
Fri May 04, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target retirement funds
Replies: 28
Views: 3630

More than one road to Dublin

Thanks everybody. I just read a yahoo article where Buffet says not to do TDR funds and he suggests investors use 90% of their funds on S&P 500 index fund (VOO) and 10% low cost Government bonds like VGSH and or VFIR. I'm thoroughly confused. :confused John John: No one can accurately forecast what...
by Taylor Larimore
Thu May 03, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: Morningstar--Manager Exit Triggers Downgrade At Giant Vanguard Fund(Vanguard Short-Term Investment Grade )
Replies: 10
Views: 1531

Re: Morningstar--Manager Exit Triggers Downgrade At Giant Vanguard Fund(Vanguard Short-Term Investment Grade )

Doesn't impact me, but highlights one of the concerns with active funds. Manager's come and go. Why/how does someone pick an active fund to begin with, is it because of a uniquely skilled manager? How do you judge if a new/replacement manager is at least equal in skill? If it was just because of a ...