Search found 23162 matches

by Taylor Larimore
Sat Feb 03, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2070
Views: 1260625

International Allocation

My understanding is Mr. Bogle does not recommend international equities and says that he wouldn’t do it. He goes on to say that if you must invest internationally because of personal preference, you should limit your international equities to 20 percent of your equity holdings. Is that still accura...
by Taylor Larimore
Fri Feb 02, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2070
Views: 1260625

Switching funds?

AllTheFries: would it be worth it to just stop buying into VFWAX and add another fund (VGTSX), and contribute to just VGTSX from here on out? No. Three funds is enough. Resist the temptation to add more funds and more complexity. Read my "Simplicity" link below. Also is there a reason why VFWAX in p...
by Taylor Larimore
Fri Feb 02, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2070
Views: 1260625

Re: The Three-Fund Portfolio

Hi, what are the latest opinions on VFWIX vs VGTSX in a taxable account? Most stuff I’ve found through searching comparing these two is probably out of date. Comparing them at Morningstar, it looks like VFWIX might be slightly more tax efficient, while VGTSX offers slightly higher returns and expos...
by Taylor Larimore
Thu Feb 01, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7624

The Golden Rule

Bogleheads:

The Golden Rule is as good as any advice I can think of:

Do To Others As You Would Have Them Do To You.

Best wishes.
Taylor
by Taylor Larimore
Thu Feb 01, 2018 11:03 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10341

Some risks are worth taking

Bogleheads: On the advice of my attorney, my principle assets are in an irrevocable trust managed for my benefit. I understand this will help make the assets (Vanguard taxable funds) creditor proof. My IRA has limited protection. My home is protected by Florida's Homestead law. I consider some thing...
by Taylor Larimore
Thu Feb 01, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3175

Re: Total Bond Market and NAVs

I wonder if it is best to just let the NAV of VBTLX deteriorate while reinvesting the div's and just hope for a break even point within a couple years like if you have 300K in VBTLX? :annoyed Yes, taxable account. TLH now? Rates I suspect will be in an uptick for a spell, or will the long end stay ...
by Taylor Larimore
Wed Jan 31, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7896

"backdoor this year"

I would plan to max out all retirement space going forward: 401k, Roth IRA, which will be backdoor this year.
OldSport:

What do you mean by "backdoor this year"?

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Jan 31, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 87
Views: 7934

Re: Alan Greenspan says there are bubbles in both stocks and bonds

I've been a little concerned with bonds - more so than stocks. Houe: You must rethink the risk in bond and stocks. Stocks are far riskier. I remember when stocks lost 89% in the Great Depression. My Vanguard Total Bond Market Index Fund has never had a yearly loss of more than 3% . Bonds let us sle...
by Taylor Larimore
Wed Jan 31, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on this beginner strategy?
Replies: 16
Views: 1121

Re: Thoughts on this beginner strategy?

Brydge wrote:
Wed Jan 31, 2018 9:12 am
Thank you guys for the helpful responses. It's great that newbies like me can ask newbie questions here and not get dismissed.
Brydge:

We were all "newbies." Learn from our successes and disappointments.

Best wishes.
Time
by Taylor Larimore
Wed Jan 31, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6513

Owning the largest and most successful corporations

Being cap weighted, the total market is large cap growth momentum.
GratefulinNC:

Owning shares in the largest and most successful corporations in the United States gives me comfort.

Best wishes.
Taylor
by Taylor Larimore
Wed Jan 31, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7896

Re: I have an overwhelming gift I'm in need of help of please.

Wezzley77: You have received sound advice: Put your windfall in your bank (your banker will be impressed which can be useful). I would not be concerned about a few basis points of extra return. When you are ready to invest your windfall (no hurry), I suggest you post your entire personal and financi...
by Taylor Larimore
Wed Jan 31, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: Choosing which room to sleep in
Replies: 48
Views: 5054

Compromise or Give-In ?

My wife and I are moving to a new place that has 2 bedrooms, both with attached full bathrooms. 1 room is bigger than the other. When we first viewed the place, we thought of using the smaller room as a home office. As time went on, we started talking about how we could maybe put some home gym equi...
by Taylor Larimore
Wed Jan 31, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6513

Re: Small Value Premium - How Do You View It?

I view the small cap premium to be real based on many DECADES of data showing it outperforms large and mid cap. yarnandthread: It is dangerous to rely on past performance to forecast future performance. Not so many years ago, small-cap funds/factors were doing well and heavily promoted by the indus...
by Taylor Larimore
Wed Jan 31, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: looking for positive experiences transferring to Vanguard
Replies: 39
Views: 2212

Re: looking for positive experiences transferring to Vanguard

frazzlefeet: In 1986 we moved all our securities from Merrill Lynch to Vanguard. It was the best investment decision we ever made. The September, 2016, issue of Consumer Reports did a survey of traditional investment companies on the services they provide. A total of 118,662 ratings from small inves...
by Taylor Larimore
Wed Jan 31, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: How Jack Bogle changed his life (mine too)
Replies: 8
Views: 1571

How Jack Bogle changed his life (mine too)

Bogleheads: Rick Van Ness is very knowledgeable on the subject of investing, especially the Bogleheads' way. Rick has authored two excellent publications: "Why Bother With Bonds" and "Common Sense Investing." He also has produced a series of videos explaining The Bogleheads Philosophy . Rick has wri...
by Taylor Larimore
Wed Jan 31, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: What should my Asset Allocation be, Stocks vs. Bonds?
Replies: 14
Views: 976

Re: What should my Asset Allocation be, Stocks vs. Bonds?

I just retired age 65 and am 80% stock mutual funds and 20% fixed income mutual funds. No pension and no other assets besides my investment portfolio, but planning on taking Social Security age 70. I can live off the assets in my investment portfolio for the rest of my life. Considering the 3 facto...
by Taylor Larimore
Tue Jan 30, 2018 8:40 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10341

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

I’d love to hear from others what the appropriate steps to take should be when considering joining a board.
Compound:

Be sure to read JasonFs reply above yours.

Best wishes.
Taylor
by Taylor Larimore
Tue Jan 30, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Just Starting Out
Replies: 5
Views: 348

Re: Just Starting Out

Hi Bogleheads, I'm 28-years-old and just starting to invest for retirement. This month, I opened a Roth IRA brokerage at Vanguard and began contributing 6% of my weekly paychecks to my employer's 401k with Principal. I'm invested in the Total Stock Market ETF (VTI) for my Roth and a Target Date 205...
by Taylor Larimore
Tue Jan 30, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 219
Views: 27113

Re: Does anyone here with net worths north of $1 mil use financial advisors?

DrGoogle2017 wrote:
Tue Jan 30, 2018 1:18 pm
Haha, I think he meant Taylor Larimore as his advisor.
That could be an even bigger mistake.

Best wishes.
Taylor
by Taylor Larimore
Tue Jan 30, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 219
Views: 27113

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Does anyone here with net worths north of $1 mil use financial advisors?
dbp7777 wrote:
Mon Jan 29, 2018 8:14 am
Yes. Taylor Larimore.
dbp7777:

Your statement is incorrect.

My net worth is under $1mil and I do not use an advisor.

Best wishes.
Taylor
by Taylor Larimore
Tue Jan 30, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10341

"I Volunteered for the Hospital Board and was Sued for Millions."

Bogleheads: One of my favorite websites is Physician on Fire. In the latest edition, the editor has written a horribly fascinating account of how he was sued for serving on a hospital board. His personal story, and the lesson it contains, should be read by anyone who is serving on a board or may som...
by Taylor Larimore
Mon Jan 29, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: 10 Things to do for Financial Wellness
Replies: 17
Views: 2381

Re: 10 Things to do for Financial Wellness

a_teacher:

Excellent list!

Your "teacher friends" will be fortunate to attend your presentation.

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 29, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions sought on insuring my wife
Replies: 14
Views: 941

Re: Opinions sought on insuring my wife

eye.surgeon: It is generally foolish to buy insurance you don't need, and you have stated: "I could cash fund that expense without a lot of difficulty, but it certainly wouldn't be cheap. I am a high income earning physician." Your own income could be compromised in event of your disability, law-sui...
by Taylor Larimore
Mon Jan 29, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Returns: Total Bond Market Index vs. Intermediate Term Index
Replies: 8
Views: 1057

Re: Returns: Total Bond Market Index vs. Intermediate Term Index

Bonds are for safety, not for higher return. Knowledgeable investors simply increase their stock allocation for higher portfolio expected return. While I don't entirely disagree, if this is the standard by which a bond fund is chosen, you would not use Total Bond. Instead, a bond fund that held onl...
by Taylor Larimore
Mon Jan 29, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Returns: Total Bond Market Index vs. Intermediate Term Index
Replies: 8
Views: 1057

Re: Returns: Total Bond Market Index vs. Intermediate Term Index

I was just doing a comparison of the Vanguard Total Bond Market Index fund and Vanguard Intermediate Term Bond Index fund. I noticed that over a 10 year period, the return on intermediate term beat the total bond market by 94 bps. That's quite a bit more return compounded over the years, especially...
by Taylor Larimore
Mon Jan 29, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: VGTSX and VEMAX a good pair?
Replies: 13
Views: 992

Re: VGTSX and VEMAX a good pair?

Larry2623 wrote:
Mon Jan 29, 2018 3:09 pm
Not all bear markets go down 50%
True. I was in a bear market that went down 89%.

https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 29, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: VGTSX and VEMAX a good pair?
Replies: 13
Views: 992

Importance of bonds

Wont need this money for 25-30 years and wants to be a little aggressive bg5: Your wife's all-stock portfolio is VERY "aggressive" (the industry's euphemism for "risky"). In the next bad bear market she should expect her portfolio to plunge at least 50% (1/2 the portfolio's stock allocation). She s...
by Taylor Larimore
Mon Jan 29, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Wall Street to Vanguard: We’re Not Your Doormat [Fidelity charging some plans to hold Vanguard funds]
Replies: 63
Views: 10465

Re: Wall Street to Vanguard: We’re Not Your Doormat

I'm being ironic. Could you tell?
Nisiprius:

Great post. I thought you were serious. :wink:

Best wishes.
Taylor
by Taylor Larimore
Mon Jan 29, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Bonds in a well diversified portfolio
Replies: 13
Views: 2569

Re: Bonds in a well diversified portfolio

jackal: There is a tendency to "overthink" bonds because they are very complicated. A bond indenture, which spells-out the obligations of the bond issuer and benefits owed to the bondholder can easily run 50 pages or more. There are many types of bonds. Some are so complicated that it takes a bond s...
by Taylor Larimore
Sun Jan 28, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: which funds to buy with $ 100,000
Replies: 12
Views: 1012

Vanguard Target Funds

Jo001di: Welcome to the Bogleheads Forum! I agree with the other Bogleheads who suggested the low-cost Vanguard 2015 Target Fund with its 60% stock/40% bond allocation could be ideal for you as a single fund in your 401k plan. The Vanguard experts who designed their target portfolios are almost cert...
by Taylor Larimore
Sun Jan 28, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Using CAPE to time market- timing?
Replies: 23
Views: 1295

Re: Using CAPE to time market- timing?

CULater: If there is a market-timing formula that worked it would soon become known and we would all be using it. Professor Burton Malkiel, in his classic "Random Walk Down Wall Street," put it this way: Any regularity in the stock market that can be discovered and acted upon profitably is bound to ...
by Taylor Larimore
Sun Jan 28, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 6889

PopArt's first post

PopArt:

I found your first forum post inspiring.

Thank you and best wishes.

Taylor
by Taylor Larimore
Sat Jan 27, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 6889

Re: Who taught you about financial responsibility?

Bogleheads: My millionaire grandfather, a stock investor, lost nearly everything in the 1929-1935 bear market. We were living in his Florida mansion which was sold in bankruptcy. We were forced to move into a small apartment. My grandfather taught me about financial responsibility the hard way: "Whe...
by Taylor Larimore
Sat Jan 27, 2018 1:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: "2018 South Florida Local Chapter Meeting" by Barry Barnitz
Replies: 2
Views: 356

"2018 South Florida Local Chapter Meeting" by Barry Barnitz

Bogleheads:

Last Sunday we had our largest South Florida Chapter Meeting thanks to mariam2 and her crew. Barry Barnitz, in his Boglehead "Financial Page," tells the story accompanied with pictures:

2018 South Florida Local Chapter Meeting

Best wishes.
Taylor
by Taylor Larimore
Fri Jan 26, 2018 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 8
Views: 589

Re: Investment Advice

Thanks for all the advice. I already starting reading the pdf document. I’m looking forward to making investments in the near future. Wardog007: When you finish reading the pdf document, you will learn that Dr. Bernstein recommends The Three-fund Portfolio. You can read more about The Three-Fund Po...
by Taylor Larimore
Fri Jan 26, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Don't market time...i know, i know.
Replies: 34
Views: 4528

Re: Don't market time...i know, i know.

Go ahead and market time. Tell us how it goes. The reality is that there all kinds of Market Timing and I suspect you are going to do innocuous Market Timing. That is, you are not going 100% to cash on Monday are you? We can all live vicariously through you. It is just no fun living vicariously thr...
by Taylor Larimore
Fri Jan 26, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio/Tony Robbins All-Weather portfolio questions
Replies: 26
Views: 2149

Re: Ray Dalio/Tony Robbins All-Weather portfolio questions

NumeroUno:

If you are planning a new portfolio, consider this one with its many benefits:

The Three-Fund Portfolio.

Best wishes.
Taylor
by Taylor Larimore
Fri Jan 26, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller: Stock Market Like 1928
Replies: 57
Views: 6550

"Stay the Course"

Irrational Exuberance...is this phase II coming ??? or is this just Noise. https://finance.yahoo.com/news/robert-shiller-stock-market-today-similar-stock-market-1928-204253341.html Ricola: When I am unsure what to do, I remember this advice from our mentor, Jack Bogle: Stay the course . I have said...
by Taylor Larimore
Fri Jan 26, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones...Why is Vanguard and Fidelity Always the Recommendation?
Replies: 24
Views: 2549

Re: Leaving Edward Jones...Why is Vanguard and Fidelity Always the Recommendation?

Why is Vanguard and Fidelity always the recommendation?
Q's Laptop:

This may be one of the reasons why Vanguard is often recommended:

Vanguard funds outperformed over long run

Best wishes.
Taylor
by Taylor Larimore
Fri Jan 26, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 8
Views: 589

Re: Investment Advice

I'm new to investment world. I am 25 with no debt.
Wardog2007:

This short pdf book could have been written for you. The author, Dr. Wm. Bernstein, is one of the most respected authors in the business:

https://www.etf.com/docs/IfYouCan.pdf

Best wishes.
Taylor
by Taylor Larimore
Fri Jan 26, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: VBLTX (Vanguard Long-Term Bond Index Fund)
Replies: 13
Views: 1314

Three things about bonds

Mattzees: Welcome to the Bogleheads Forum! We need to understand three things about bonds: * Bonds are primarily for safety--not return. It is more efficient to increase our stock allocation for higher returns. * Higher yields in bonds nearly always results in higher risk (which may not be apparent)...
by Taylor Larimore
Fri Jan 26, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Oops! Miscalculated International AA, should I just stick with it?
Replies: 19
Views: 935

Re: Oops! Miscalculated International AA, should I just stick with it?

I was reviewing my AA spreadsheet considering increasing my International from 10% to 20% based on recommendation of 20% to get 85% of the benefits. I made an exchange in my 401k to get me to 20% international. But, my formula for international % was taking my total international equities and divid...
by Taylor Larimore
Fri Jan 26, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: "10 Reasons I Invest in Index Funds" -- by Jim Dahle
Replies: 6
Views: 1338

Re: "10 Reasons I Invest in Index Funds" -- by Jim Dahle

triceratop wrote:
Fri Jan 26, 2018 12:38 pm
Jack Bogle invented the mutual fund? I think you mean he provided the first retail implementation of an index mutual fund.
triceratop:

Thank you for the correction. I have edited my opening post (OP).

Best wishes.
Taylor
by Taylor Larimore
Fri Jan 26, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: "10 Reasons I Invest in Index Funds" -- by Jim Dahle
Replies: 6
Views: 1338

"10 Reasons I Invest in Index Funds" -- by Jim Dahle

Bogleheads: If you ever wondered why Bogleheads invest in index funds, Jim Dahle, editor of The White Coat Investor, lists these ten reasons: 10 Reasons I Invest in Index Funds JIm, thank you for this excellent reminder of why Jack Bogle's invention of the index mutual fund has changed the lives of ...
by Taylor Larimore
Thu Jan 25, 2018 11:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4113

Thank you dear Bogleheads

Dear Bogleheads: As the day of my 94th birthday ends, I want to thank Paul and all the others who so thoughtfully have taken the time to send me your Birthday wishes. Your words and thoughts are the best Birthday present I could receive . I read and appreciate each one. Let's hope we can all share o...
by Taylor Larimore
Thu Jan 25, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 51
Views: 10065

Re: Any thoughts on The Aurora Report? [Arora Report]

I have subscribed. They gave me five years of archives. Larry: If you have the time, go back to a five years old Aurora Report: * List all their recommended stocks and their 5-year average Morningstar return. * Compare with Vanguard Total Stock Market Morningstar 5-year return (VTSAX). Did Aurora i...
by Taylor Larimore
Thu Jan 25, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 4155

Re: Vanguard US Multifactor Fund

I'm excited to see how Vanguard's foray into factor investing goes and if it'll be competitive with Blackrock's iShares Edge MSCI Multifactor USA ETF . brother7: The oldest multi-factor fund I can find is PNC Multi-Factor Small-Cap Value C (PSVCX). Its 15-year average return was 7.83%. Total Stock ...
by Taylor Larimore
Thu Jan 25, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking About Timing the Market
Replies: 75
Views: 5658

Re: Thinking About Timing the Market

markesquire: Stop "thinking about timing the market." This is what experts say: Advisor Perspectives (8-8-2016): "The question is whether any of these (57) tactical allocation mutual funds have shown any ability to outperform a simple, passively managed 60/40 portfolio. The answer, at least for the ...
by Taylor Larimore
Thu Jan 25, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Just Getting Started
Replies: 13
Views: 688

Re: Just Getting Started

Thanks Taylor I will check that out. I'm reading The Little Book of Common Sense investing, guess that's not nearly enough info to lay out my portfolio plan? Jack Bogle's "10th Anniversary Edition of Common Sense on Mutual Funds " is considered by many to be the best book about mutual fund investin...