Search found 22789 matches

by Taylor Larimore
Mon Nov 20, 2017 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Some questions from a brand-new Boglehead
Replies: 10
Views: 1007

Re: Some questions from a brand-new Boglehead

FIREasap100:

Welcome to the Bogleheads Forum!

It is impossible to memorize the Ticker Symbols. Please, edit your post to include fund names. You will get more helpful replies. Use the little box with a crayon at the top of your post.

Thank you and best wishes.
Taylor
by Taylor Larimore
Mon Nov 20, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 10452

Re: What are the things you want to do between 55 and 65?

I wanted to retire--and I did in 1981 at age 57. My hobby was sailing so I earned a U.S. Coast Guard captain's license and began taking charter parties to the Bahamas and Florida Keys. I also delivered boats on the U.S. East Coast and Europe. In 1998 I began posting on the Morningstar Diehard Forum,...
by Taylor Larimore
Mon Nov 20, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 5073

Jack Bogle -- What others say.

Bogleheads: Jack Bogle is my hero, my friend and my mentor. No one in the mutual fund industry has a greater combination of impeccable character, practical experience, knowledge, inventive genius, wisdom, perseverance, literary ability, kindness, modesty, and desire to help others. This is what othe...
by Taylor Larimore
Mon Nov 20, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: TIPs and a Three Fund Portfolio
Replies: 6
Views: 806

Re: TIPs and a Three Fund Portfolio

I don't see TIPs in the three fund portfolio or some of the other "simple" allocation approaches. If true, what is the thinking behind this? Prudence: All of us have temptations to add more securities to our portfolio. There are thousands of mutual funds, of all kinds, vying for our attention. If w...
by Taylor Larimore
Mon Nov 20, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 121
Views: 9603

Factor Investing

Bogleheads: I am not a fan of factor investing primarily because it is usually expensive and based almost entirely on past performance. Jack Bogle: "The biggest mistake investors make is looking backward at performance and thinking it’ll recur in the future." Morningstar:"If there's anything in the ...
by Taylor Larimore
Sun Nov 19, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 91
Views: 13231

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

Bogleheads:

Wiley has posted a brief description of our third Bogleheads' book.

http://www.wiley.com/WileyCDA/WileyTitl ... 87331.html

Best wishes.
Taylor
by Taylor Larimore
Sun Nov 19, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Is investing with Vanguard a tragedy of the commons?
Replies: 41
Views: 4784

Re: Is investing with Vanguard a tragedy of the commons?

selters:

Thank you for your reply.

Best wishes.
Taylor
by Taylor Larimore
Sun Nov 19, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 3727

"Enough" by Jack Bogle

Net Asset (include primary residence ) : 1 to 1.2 million excluding primary residence it is ~ 800 k in mid 30s. Came from very poor family, my dad's paycheck was about $125 in 2003-2004 ( yes you are reading it right). Now it looks like I have made a good progress, but still not happy with my progr...
by Taylor Larimore
Sun Nov 19, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: Is investing with Vanguard a tragedy of the commons?
Replies: 41
Views: 4784

Re: Is investing with Vanguard a tragedy of the commons?

Selters: You wrote: Except for Vanguard FTSE All-World ex-US Small-Cap ETF (VSS), which there is no low cost option for, I don't use any Vanguard funds or ETFs. Why? Is it because you are Norwegian? Is it because of "Tragedy of the Commons?" What companies do you use? Your many posts have been very ...
by Taylor Larimore
Sat Nov 18, 2017 11:08 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 35
Views: 2836

Re: Investment Portfolio Tracking & Spreadsheets

Bogleheads - I am curious how many of us keep track of our investment portfolios with spreadsheets, Quicken, or some other package in an effort to review and analyze everything. If you monitor investments, do you also track College 529 plans, Liabilities and Debt? Any information and perspective is...
by Taylor Larimore
Sat Nov 18, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds vs Ladder
Replies: 26
Views: 1905

Stay the Course

I have my retirement funds spread among 3 funds: Total stocks US, Intl stocks and a US bond fund. I am a 63 yr old man and have an allocation of 60% in Stocks and 40% in Bonds. Jeresoph: You have an excellent Three-Fund Portfolio . The enemy of a good plan is the dream of a perfect plan. -- Jack Bo...
by Taylor Larimore
Fri Nov 17, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3503

A very good portfolio

rivercityrivercity: Welcome to the Bogleheads Forum! Based on the information in your post, I think your Vanguard advisor has suggested a very good portfolio. Personally I would hold just one bond fund (Total Bond Market) which already holds short and intermediate-term good quality bonds), but that'...
by Taylor Larimore
Fri Nov 17, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Who has had a 3 or 4 Fund Portfolio the past 10 - 15 years?
Replies: 9
Views: 1276

Re: Who has had a 3 or 4 Fund Portfolio the past 10 - 15 years?

Hi this is my first post on the forum. I have been a reader for the past year or so. I am curious to those who have actually had a 3 or 4 fund portfolio the past 10 - 15 years through the ups and downs. Can you provide any commentary as to your actual experience holding this portfolio. I see a lot ...
by Taylor Larimore
Thu Nov 16, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K fund choices, please
Replies: 12
Views: 716

"Unsure"

southlandgirl: Welcome to the Bogleheads Forum! I'll try to answer: "Desired Asset allocation: unsure" This may be your most important portfolio decision because it determines your expected return and expected risk. Use this Vanguard Questionnaire for help: https://personal.vanguard.com/us/FundsInvQ...
by Taylor Larimore
Thu Nov 16, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5325

Re: Help for semi retired friend with 8 figure savings

The bigger question is what allocation between US, International, bonds?
This post may be helpful for deciding your international allocation:

How Much International Stock? A suggestion

Best wishes.
Taylor
by Taylor Larimore
Thu Nov 16, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5325

Re: Help for semi retired friend with 8 figure savings

3 Fund Portfolio Works for $3,000 or $30,000,000. It would also free up some more time to enjoy having $30 million dollars. :wink: bloom2708: This is a link to The Three-Fund Portfolio. I have written a Boglehead book about the many advantages (20) of The Three-Fund Portfolio. Wiley & Sons is expec...
by Taylor Larimore
Wed Nov 15, 2017 10:58 pm
Forum: Investing - Theory, News & General
Topic: Do you subscribe to taking risk only on the equity side
Replies: 40
Views: 2439

Re: Do you subscribe to taking risk only on the equity side

I am curious, as Larry Swedroe and others have said to take your risk on the equity side. It would seem to me that there are legitimate opportunities in preferred stocks and convertible bonds that lie somewhere between bonds and stocks to add some return without the same risk levels of equities. Do...
by Taylor Larimore
Wed Nov 15, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: Battle of index funds- 3 against 1
Replies: 14
Views: 1995

Is TSM a bet on Large Cap Blend?

I have no problem with 100% TSM, but it is a "bet" of sorts on LCB as it will do what SP500 or DJ does. staythecourse: The investment industry would like us to believe that Total Stock Market Index Fund (TSM) is a "bet of sorts" on Large Cap Blend (LCB) stocks so they can sell us additional funds. ...
by Taylor Larimore
Wed Nov 15, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard portfolio allocation models for various years?
Replies: 3
Views: 516

What Experts Say About "Past Performance."

I like the Vanguard portfolio allocation model https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations but wondering if the same report can be run for maybe the past 50 years or 30 years. Has anyone come across a model like this with editable years? TheQuestionGuy: Th...
by Taylor Larimore
Wed Nov 15, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: Looking for a Catamaran
Replies: 21
Views: 1773

Re: Looking for a Catamaran

I am kind of new to boating and am thinking of getting a catamaran because motor boats are too expensive on gas and sail boats are fun but I prefer a more stable boat with larger cabin underneath and wide berth. Any experience by any of my fellow Boggleheads with Catamaran's and can any of you sugg...
by Taylor Larimore
Wed Nov 15, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: Battle of index funds- 3 against 1
Replies: 14
Views: 1995

Two minds. Same conclusion.

17% vs 13% over 18 year is pretty large difference. Based on this, I will just buy one single fund: the Vanguard Total Stock Market and forget about it.
WhiteMaxima:

I arrived at the same conclusion for a U.S. stock fund.

Best wishes.
Taylor
by Taylor Larimore
Tue Nov 14, 2017 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion of Total Stock Market Index
Replies: 21
Views: 2425

The Three-Fund Portfolio

Just switched my taxable account for Vanguard from the Target Retirement 2040 to Vanguard Total Stock Market Index. Investing for the long haul and even though it's 100% stocks I feel as if I can ride the waves of the market. I am curious from Bogleheads who are experienced their opinion of this fu...
by Taylor Larimore
Tue Nov 14, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 13690

Re: Jim Cramer doesn’t beat the market

When the tide turns from passive investing, I would not be surprised to see Ramen beat the market by a large amount. Right now it is hard for anyone actively picking stocks. Lindawilliams1960: You have revised a year-old thread. Two questions: 1. What makes you think that the tide will turn from pa...
by Taylor Larimore
Tue Nov 14, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3123
Views: 918065

"The Wizard of Lies"

Bogleheads: Last evening Taffy and I watched "The Wizard of Lies" about the Bernie Madoff Ponzi Scheme. We found it very interesting. The acting by Robert DiNero and Michelle Pfeiffer is supurb. However, we were both offended by the gutter language. Overall, I am glad we watched it for a better unde...
by Taylor Larimore
Tue Nov 14, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: Battle of index funds- 3 against 1
Replies: 14
Views: 1995

Re: Battle of index funds- 3 against 1

gtt561: The linked article, Three Against One: A Battle of Index Funds, picks an 18-year period beginning in 1999 . It shows that Vanguard Mid-Cap and Small-Cap Funds beat the Vanguard S&P 500 Index Fund. I saved a similar chart for the 15-year period ending in 1999. It shows that large-cap stocks (...
by Taylor Larimore
Mon Nov 13, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7971

"You, sir, are an inspiration"

RetiredWithDementia:

"Swimmer" said it better than I can: "You, sir, are an inspiration."

Thank you and best wishes
Taylor
by Taylor Larimore
Sun Nov 12, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6372

Re: Should you own only non-U.S. stocks?

Today’s diversified portfolio does not invest in US equities at all.
Bogleheads:

A good example of an "oxymoron."

Best wishes.
Taylor
by Taylor Larimore
Sun Nov 12, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Where to start investing?
Replies: 15
Views: 884

"If You Can -- How Millennials Can Get Rich Slowly"

cam240: Sandtrap has given you some wonderful links. I would be wealthy if I had read them in my 20s. Boglehead author and advisor, Dr. Bill Bernstein, has written a booklet for Millennials which is as good as anything I have read. He recommends The Three-Fund Portfolio as does Lafder. This is a lin...
by Taylor Larimore
Sun Nov 12, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Am I loopy for thinking about doing this? [Change stock allocation]
Replies: 10
Views: 1440

The #1 Consideration

Gsnod:

Without more information, I am reluctant to respond to your question. However, I will remind you of one fact:

When approaching retirement (and in retirement) the #1 consideration is: Don't risk loosing what you are going to need.

Best wishes.
Taylor
by Taylor Larimore
Sat Nov 11, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Swedish Death Cleaning [De-clutter your home]
Replies: 63
Views: 6968

"Our life is frittered away by detail. Simplify, simplify"

Bogleheads: Henry David Thoreau changed my life when I read his book, "Walden." This line says it all: "Our life is frittered away by detail. Simplify, simplify." Jack Bogle is another man who changed my life with the same financial theme. Read my link below. Thank you, Jack! Best wishes. Taylor
by Taylor Larimore
Sat Nov 11, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: David Blanchett: Liability Driven Investing Misapplied
Replies: 16
Views: 1316

Re: David Blanchett: Liability Driven Investing Misapplied

I am impressed that someone could read this 34-page article, digest it, find the sales pitch that I couldn't find, and post on it 18 minutes after the original post. DaufuskieNate: Thank you for the compliment. :happy David Blanchett, who co-wrote the article, is head of Morningstar Investment Mana...
by Taylor Larimore
Fri Nov 10, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: The Next Bear Market, Ben Carlson
Replies: 13
Views: 2160

Ben Carlson --Gems

Jcraz13:

Thank you for the link to another fine Ben Carlson article.

Mr. Carlson's book, A Wealth of Common Sense, is one of the best in my Investment Gems.

Best wishes.
Taylor
by Taylor Larimore
Fri Nov 10, 2017 9:08 pm
Forum: Investing - Theory, News & General
Topic: David Blanchett: Liability Driven Investing Misapplied
Replies: 16
Views: 1316

"Smart investing is non-mathematical and accessible to everyone"

Bogleheads: Consider the words of Michael Edesess, author of The Big Investment Lie: "As a mathematician I know when mathematical-sounding analyses are little more than elaborate sales pitches, designed to thoroughly obscure the simple fact that smart investing is non-mathematical and accessible to ...
by Taylor Larimore
Fri Nov 10, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with investment in new Vanguard account
Replies: 10
Views: 881

Re: Need Help with investment in new Vanguard account

Or am I missing something?
GridironGems:

You don't miss a thing. :beer

I have corrected my post to reflect the exact name and ticker symbol.

Thank you and best wishes.
Taylor
by Taylor Larimore
Fri Nov 10, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: How much does diligent rebalancing add to a portfolio?
Replies: 35
Views: 2399

Rebalancing

Bogleheads:

Most authorities agree that our asset-allocation is our most important investment decision--especially our stock/bond ratio.

The primary importance of "rebalancing" is to maintain our desired asset-allocation.

Best wishes.
Taylor
by Taylor Larimore
Thu Nov 09, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleizing Widowed Mom's Portfolio (tax considerations)
Replies: 25
Views: 1765

Vanguard PAS

I have not investigated Vanguard PAS. Would they take into account different tax brackets in different years and make wise choices to minimize taxes, or would they just liquidate to an index approach in one year? DA200: Sorry, I can't tell you what Vanguard PAS would do. Whatever they decide (with ...
by Taylor Larimore
Thu Nov 09, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 94
Views: 6034

"How to Answer the Salary Question During a Job Interview"

It's a company I worked at years ago. When I am asked how much I currently make, should I answer or dodge the question? Ditto if they ask such things like my current schedule and the like. I don't work a traditional schedule and they could possibly use that against me in negotiations (i.e. we're gi...
by Taylor Larimore
Thu Nov 09, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I open an account with Vanguard?
Replies: 28
Views: 2141

Good links

ruralavalon:

Thank you for two very good links.

Best wishes.
Taylor
by Taylor Larimore
Thu Nov 09, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable emergency fund for HI family?
Replies: 67
Views: 3925

The "Emergency Fund" Myth

Bogleheads: Investopedia's definition of an "Emergency Fund": An emergency fund is an account used to set aside funds needed in the event of a personal financial dilemma, such as the loss of a job, a debilitating illness or a major expense. In my opinion, most of us do not need a separate, low-yield...
by Taylor Larimore
Thu Nov 09, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Need Help with investment in new Vanguard account
Replies: 10
Views: 881

Re: Need Help with investment in new Vanguard account

Just follow Taylor's advice for TSM/TBM index funds in your taxable account me112964: This is incorrect. Total Bond Market (TBM) is tax-inefficient and should be located in a tax-advantaged account. If your tax-advantaged accounts are full with taxable bonds, use a tax-exempt bond fund in your taxa...
by Taylor Larimore
Thu Nov 09, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Bogleizing Widowed Mom's Portfolio (tax considerations)
Replies: 25
Views: 1765

Re: Bogleizing Widowed Mom's Portfolio (tax considerations)

DA200: I am sorry about the death in your family. I agree with Gil: "Did the holdings in the taxable account come from your father and therefore take on a new basis? If so, I'd liquidate the entire portfolio." It is stressful to manage and maintain another person's portfolio. Consider using Vanguard...
by Taylor Larimore
Thu Nov 09, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Need Help with investment in new Vanguard account
Replies: 10
Views: 881

The Three-Fund Portfolio

Just opened a new account with Vanguard with access to 100,000$. Really new to this and looking for advice on portfolio picks. Have maxed out my retirement accounts and need secondary investments that are using after tax dollars . Curious as to what other forum members would do with 100,000 to inve...
by Taylor Larimore
Thu Nov 09, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7971

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

Bogleheads:

Since my wife died four years ago, I have one mutual fund company, one bank account and one credit card.

I love the simplicity, my caregivers will love the simplicity and my heirs will love the simplicity.

:beer

Best wishes.
Taylor
by Taylor Larimore
Wed Nov 08, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7971

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

RetiredWithDementia:

Thank you for your courageous message. It will help other Bogleheads who someday may be faced with the same disease.

Best wishes.
Taylor
by Taylor Larimore
Wed Nov 08, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: "The small-cap effect really has failed to materialize"
Replies: 37
Views: 5221

"There is more than one road to Dublin"

Nisiprius:

Your post reminds me:
There is more than one road to Dublin.
Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Nov 08, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed index annuities
Replies: 9
Views: 1979

JP Morgan Mozaic Index?

Hi, I would like to revisit this topic about the JP Morgan Mozaic Index. It is a proprietary index using the futures of U.S. and foreign market indexes and options. The person above who referenced it was referring to the Fixed Index being a many-paged description. There is also a Market-Indexed fun...
by Taylor Larimore
Wed Nov 08, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Talk me out of a barbelling / Larry-type portfolio
Replies: 22
Views: 1329

"The Ultimate Strategy for Winners"

I'm looking at the following: 20% US small/mid/small value 10% international small 10% Emerging markets 30% long term treasuries 30% short/intermediate term treasuries (about 1/2 of which would actually be a 3.2% stable value fund) chisey: Unfortunately, your proposed portfolio contains no large-ca...
by Taylor Larimore
Wed Nov 08, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and placement critique/feedback
Replies: 13
Views: 1027

Re: Asset allocation and placement critique/feedback

freedominvestor: Do you own real estate? In Texas the homestead is exempt from creditors which can be important for physicians. Use this link to help you decide on your all-important stock/bond allocation: https://personal.vanguard.com/us/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//personal.vang...
by Taylor Larimore
Tue Nov 07, 2017 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start investing in taxable accounts?
Replies: 23
Views: 2605

Re: When did you start investing in taxable accounts?

Hey Everyone, This is a question that makes me curious. What was your annual household income when you began taxable investing? Also, what pre-tax vehicles (if any) had you filled up before hitting this point? My plan is to have 3 month EF, max both 401k's and both Roth IRA's, before moving on to t...
by Taylor Larimore
Tue Nov 07, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and placement critique/feedback
Replies: 13
Views: 1027

Re: Asset allocation and placement critique/feedback

freedominvestor: Welcome to the Bogleheads Forum! Duckie is right. Investors should look at their securities as one portfolio. You can use the edit button (a crayon at the top of your window) to consolidate your fund percentages to total 100%. I think your funds are excellent choices. They include t...