Search found 23639 matches

by Taylor Larimore
Tue Jul 03, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: What to Consider When Picking Multifactor ETFs
Replies: 83
Views: 4923

There is more than one road to Dublin

Bogleheads:
There is more than one road to Dublin.
Best wishes.
Taylor
by Taylor Larimore
Tue Jul 03, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 2989

Re: Asset Allocation once you reach your target

What will you asset allocation be once your reach your target for retirement. Let's assume that number is sufficient for your to live well for the rest of your life. Let's also assume you'd like to leave money for your children. masonstone: I fit the profile in your question. This is what I do and ...
by Taylor Larimore
Tue Jul 03, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 2989

Re: Asset Allocation once you reach your target

What will you asset allocation be once your reach your target for retirement. Let's assume that number is sufficient for your to live well for the rest of your life. Let's also assume you'd like to leave money for your children. masonstone: I fit the profile in your question. This is what I do and ...
by Taylor Larimore
Tue Jul 03, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help Investing
Replies: 6
Views: 238

Re: Need Help Investing

ionenergy: Welcome to the Bogleheads' Forum! I feel that I should invest my money instead of having it sit on the bank. Although I really have no idea where to put it. Appreciate your input. A few days ago, my third book, The Bogleheads' Guide to The Three-Fund Portfolio, was published. It answers y...
by Taylor Larimore
Tue Jul 03, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: 28 w/heavy small cap tilt?
Replies: 41
Views: 2938

Re: 28 w/heavy small cap tilt?

Many people would say that it is incredibly risky to put all or nearly all of the equity bet on a single factor, market beta. At least SV (Small-Cap Value) equity is exposed to three factors. Dave: According to Morningstar, Vanguard Small-Cap Value Index Fund (VISUX) had a 15-year Standard Deviatio...
by Taylor Larimore
Tue Jul 03, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge account: I have 3-fund portfolios in Vanguard, what can Merrill Edge add?
Replies: 11
Views: 947

Re: Merrill Edge account: I have 3-fund portfolios in Vanguard, what can Merrill Edge add?

ThisJustIn:

Strive for simplicity -- not complexity.

Please read my Simplicity link below.

Best wishes.

Taylor
by Taylor Larimore
Tue Jul 03, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: What to Consider When Picking Multifactor ETFs
Replies: 83
Views: 4923

Multi-Factor funds vs. Total Stock Market

I think it is reasonable to use a multifactor fund as a replacement for a total market, float weighted index fund. Up to 100% if practical. I can't do that because of limitations in my 401k, and capital gains in taxable. I like the integrated multifactor funds. whodidntante: The oldest multi-factor...
by Taylor Larimore
Tue Jul 03, 2018 10:12 am
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 331
Views: 59540

Re: South Florida Local Chapter Meeting with Pictures

Lazy Nihilist: We cannot thank you enough for your excellent re-cap of our S. Florida Chapter Meeting and also for your photographs--including the last one with you standing on the right (how did you do that)? It has not gone unnoticed that you posted at 1:20 this morning. Why are we not surprised. ...
by Taylor Larimore
Mon Jul 02, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 174
Views: 28463

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

Bogleheads: I received this e-mail message from my co-author of The Bogleheads' Guide to Investing, Michael LeBoeuf. I am confident he will allow me to post it here: Hi Taylor, A copy of, “The Bogleheads’s Guide to the Three-Fund Portfolio” arrived today. I can’t begin to tell you how happy I am to ...
by Taylor Larimore
Mon Jul 02, 2018 7:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 331
Views: 59540

Re: South Florida Local Chapter

mariam2:

Thank you for your beautiful post (above) describing yesterday's Chapter meeting. It could not have happened without your Presidential leadership.

Best wishes
Taylor
by Taylor Larimore
Mon Jul 02, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 174
Views: 28463

"The Wisdom of Elders: Bogleheads' Three Fund Portfolio"

Bogleheads:

Steve Nelson, a CPA in the Seattle area, sent me this review of The Bogleheads' Guide to the Three-Fund Portfolio:

The Wisdom of Elders: Bogleheads' Three Fund Portfolio

Thank you, Steve!

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 02, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 7475

How Much International?

stevedc wrote:
Sat Jun 30, 2018 10:21 pm
Informal survey - for US folks, how much of your equity holdings do you target to intl (ex-US)?
stevedc:

I no longer hold international stocks (for tax reasons).

This earlier post of mine seems appropriate for your topic:

How Much International? A Suggestion

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 02, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 174
Views: 28463

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

TravelGeek wrote:
Mon Jul 02, 2018 1:20 pm
My library just approved my purchase suggestion. :sharebeer
TravelGeek:

Good News! Every purchase is an indirect donation to The John C. Bogle Center for Financial Literacy.

Best wishes.
Taylor
by Taylor Larimore
Mon Jul 02, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: 28 w/heavy small cap tilt?
Replies: 41
Views: 2938

Re: 28 w/heavy small cap tilt?

I'm basically making this post to ask those who are familiar with small cap or factor tilted portfolios if this sounds like a solid plan and if maybe I should diversify with other factors? Or should I keep some TSM or TSM ex-US in my portfolio, and not go all in on small cap? UniversityEmployeed9: ...
by Taylor Larimore
Sun Jul 01, 2018 6:47 am
Forum: Investing - Theory, News & General
Topic: Do Advisers Add $$$ Value?
Replies: 71
Views: 5371

Re: Do Advisers Add $$$ Value?

Bogleheads:

When selecting an advisor, a good question to ask is: "Can you beat the market?" If the answer is "Yes" -- find another advisor.

Best wishes.
Taylor
by Taylor Larimore
Sat Jun 30, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9374

Re: What’s your plan for a market downturn?

Cunar: Welcome to the Bogleheads Forum! What’s your plan for a market downturn? Mr. Bogle answers your question in his classic, "Common Sense on Mutual Funds," page 42. Stay the course. No matter what happens, stick to your program. I've said, "Stay the course" a thousand times, and I meant it ever ...
by Taylor Larimore
Sat Jun 30, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9374

Re: What’s your plan for a market downturn?

Hello. First post, and I was just wondering if anyone has put any plans in place already for the long-predicted downturn. Do you know what you’re going to do when it happens? -- Just wondering what everyone’s thoughts are? Cunar: Welcome to the Bogleheads Forum! What’s your plan for a market downtu...
by Taylor Larimore
Sat Jun 30, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8536

Vanguard Total Bond Market vs. DODIX ?

Get ready in a few years to show the administrator that TBM outperformed those other two. Anything is possible but that would be something new for TBM versus Dodge and Cox Income. If i was faced with this first world problem I'd put my money in DODIX and call it good. It's a great fund. https://s8....
by Taylor Larimore
Sat Jun 30, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 174
Views: 28463

Nice message from Adrian

Bogleheads: I was delighted to receive this very nice, unsolicited e-mail from Adrian -- a prolific contributor on the old Morningstar Vanguard Diehard Forum: You did a very good job on the book, writing a concise and cogent, easy to understand guide to portfolio and risk management. Your book may b...
by Taylor Larimore
Sat Jun 30, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7026

Jonathan Clements Biography

Bogleheads: Few, if anyone, knows more about Personal Finance than Jonathan Clements. This is a short biography taken from his website: Jonathan Clements is the founder and editor of HumbleDollar . He’s also the author of a fistful of personal finance books, including How to Think About Money , and ...
by Taylor Larimore
Fri Jun 29, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7026

Sincere Appreciation

Not to hijack the thread, but great book! Concise, thoroughly researched, and well articulated.
AerialWombat:

Nothing pleases an author more than knowing his/her book is appreciated.

Thank you and best wishes.
Taylor
by Taylor Larimore
Fri Jun 29, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7026

A Nice Coincidence

Bert:

Thank you for the link to this important article.

I was pleased to see that Mr. Clements recommended "total market index funds" on almost the same day Amazon released The Bogleheads Guide to the Three-Fund Portfolio (containing three total market index funds).

Best wishes.
Taylor
by Taylor Larimore
Fri Jun 29, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- 6-Month Report
Replies: 4
Views: 889

BOGLEHEAD CONTEST -- 6-Month Report

Bogleheads: Today marks the end of the first six-month stock trading days in 2018. We started the year with the S&P 500 Index at 2,673.61. It closed today at 2,718.37 for a six-month return of +2.58%. Vertx Pharmaceuticals (VERTX:US) had the best 6-month return of +169.96%; Constellation Brands Inc....
by Taylor Larimore
Fri Jun 29, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8536

Re: Using the Total Bond Fund in a rising rate environment

jmsaway: Your plan administrator is giving you misleading information. Barclays US Aggregate Bond Index is the benchmark for Vanguard Total Bond Market Index Fund. Listed below are the historical U.S. inflation rates (CPI-U) and total returns for Barclays US Aggregate Bond Index since its inception:...
by Taylor Larimore
Thu Jun 28, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 500 over Vanguard Total (US) Stock Market
Replies: 45
Views: 4972

When experts disagree

Bogleheads:

When experts differ, it is often because it makes no foreseeable difference.

Best wishes.
Taylor
by Taylor Larimore
Thu Jun 28, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2202
Views: 1367724

"The Simple Three-Fund Portfolio at Vanguard"

Bogleheads: "The Simple Three-Fund Portfolio at Vanguard" article in the Early Retirement Guide Website has been updated: If you have not read Adam's article, it is a different approach to implementation of The Three-Fund Portfolio. The Simple Three-Fund Portfolio at Vanguard Best wishes Taylor
by Taylor Larimore
Thu Jun 28, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my asset allocation
Replies: 18
Views: 1021

Re: Please critique my asset allocation

Thank you for the replay. I think my ultimate plan to have two funds in my taxable account: - S&P 500 index and - Total international stock index, If I do that now I will have ST gain of 2k, I don't when will be the right time to switch those. The bonds portion will soon become part of a house down...
by Taylor Larimore
Thu Jun 28, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8529

Re: "homemade dividends" from Total Stock Market fund

I am struggling to understand how making your own dividends from a total stock market fund is a superior strategy for someone in retirement. I don't doubt that the total index is a great idea - only that taking off slices of it to make a dividend would present problems for me that owning a dividend...
by Taylor Larimore
Wed Jun 27, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: "Stock pickers are worse at picking stocks than investors may realize, report finds."
Replies: 3
Views: 578

Re: "Stock pickers are worse at picking stocks than investors may realize, report finds."

fortyofforty wrote:
Wed Jun 27, 2018 9:26 pm
Thanks, Taylor. It never hurts to hear it again.
fortyofforty:
The truth must be repeated over and over again because lies are constantly being told around it. --Rick Ferri
Best wishes.
Taylor
by Taylor Larimore
Wed Jun 27, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: "Stock pickers are worse at picking stocks than investors may realize, report finds."
Replies: 3
Views: 578

"Stock pickers are worse at picking stocks than investors may realize, report finds."

Bogleheads: If you still believe you can pick winning stocks (few fund managers can), be sure to read this MarketWatch article. A few excerpts: "Passive funds offer lower costs and overwhelmingly better odds of not underperforming." "The argument behind passive investing, and the reason it has been ...
by Taylor Larimore
Wed Jun 27, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2202
Views: 1367724

Re: The Three-Fund Portfolio

Leesbro63: VTEBX/VTEAX (Tax-Exempt Bond Index) charges a 0.25% load on non-ETF shares. I'd probably go for VWITX (Intermediate-Term Tax-Exempt) or possibly a State Tax-Exempt Fund. We're dancing on the head of a pin. Best wishes. Taylor Is there anything wrong with using the ETF on this? 1210: Noth...
by Taylor Larimore
Wed Jun 27, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: Is there a reversion to the mean for everything?
Replies: 29
Views: 1748

Re: Is there a reversion to the mean for everything?

Bogleheads: In his classic book, Common Sense on Mutual Funds, Mr. Bogle has a chart showing the real (after inflation) return of U.S. stocks since 1802. If we look closely, we can see that the real return of stocks has been quite volatile, but whenever they go up or down, they eventually return to ...
by Taylor Larimore
Wed Jun 27, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2202
Views: 1367724

The Benefit of Amazon Review

For what it's worth, my book arrived from Amazon today. I look forward to reading it . Thank you, Taylor Larimore! Leesbro63: I hope you are not disappointed. I will appreciate it if you will post a review on Amazon. Each book purchase will, in part, go directly to support The John C. Bogle Center ...
by Taylor Larimore
Wed Jun 27, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my asset allocation
Replies: 18
Views: 1021

Need fund names

btakla:

It is helpful and you will get more replies if you edit your post to include fund names. Few of us, if any, have memorized the ticker symbols.

Use the little box with a crayon at the top of your window.

Thank you and best wishes.
Taylor
by Taylor Larimore
Wed Jun 27, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Is there a reversion to the mean for everything?
Replies: 29
Views: 1748

Re: Is there a reversion to the mean for everything?

As the title says, is there? I mean for example treasuries were the way to go to last years but lowering of interest rates surely helped their gains. Will there be a reversion to the mean when interest rates rise again? And will an investor be better off in a diversified index like total bond? TM90...
by Taylor Larimore
Wed Jun 27, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7035

Re: Are we just way over complicating this?

The more posts I read, including my own, them more convinced I am that either we are inventing scenarios to worry about or just discussing things for sport. In fact, it seems to me the wisest person in the kingdom might be someone who just opens a Vanguard account with one fund the Balanced Index f...
by Taylor Larimore
Tue Jun 26, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Is day trading profitable?
Replies: 36
Views: 3091

Re: Is day trading profitable?

Commercials and ads about people made a fortune through day trading/ strategic trading all over YouTube before every single warren buffett’s Videos. Is day trading profitable for most day traders? Is the success of Tim Sykes replicable? vu8: In The Bogleheads' Guide to Investing (page 165) we wrote...
by Taylor Larimore
Tue Jun 26, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 339
Views: 29888

Re: What is/ was your career and would you recommend it now?

azanon:

I wanted to help my country, excitement and the extra money.

Best wishes.
Taylor
by Taylor Larimore
Tue Jun 26, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 339
Views: 29888

Re: What is/ was your career and would you recommend it now?

Bogleheads: My career: 1. Laborer on a construction project (my first job and the hardest). 2. Paratrooper in World War II 3. LIfe Insurance Salesman (disliked the most). 4. Commercial laundry manager 5. IRS Revenue Officer 6. SBA Chief of Financial Division 7. Miami-Dade Housing Director 8. Charter...
by Taylor Larimore
Tue Jun 26, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Long Term Factors
Replies: 27
Views: 2083

Past Performance

Larry’s factor book is is worth it just for two tables in Chapter 9 where he shows the performance of the factors over different time periods and the performance of 1/n portfolios diversified across factor Bogleheads We must never forget: "Past performance does not forecast future performance. This...
by Taylor Larimore
Tue Jun 26, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: Is there a way to avoid bad companies in S&P 500?
Replies: 92
Views: 4471

Re: Is there a way to avoid bad companies in S&P 500?

There are inevitably poorly performing companies in the S&P500, or ones whose future don't look so bright. But remember - the market has already priced that into its valuation of those stocks. So unless you have good reason to think you have better information or insight than the many people who do...
by Taylor Larimore
Tue Jun 26, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: As time goes on, will total market investing become more perfect, and tilting strategies less?
Replies: 18
Views: 1469

Re: As time goes on, will total market investing become more perfect, and tilting strategies less?

Just for the record: The Vanguard Value Index Fund and the Vanguard Growth Index Fund were launched in 1992, the same year as Fama and French published "The cross-section of expected stock returns." They are over twenty-five years old. Growth beat value for about eight or nine years. Then growth to...
by Taylor Larimore
Tue Jun 26, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard 500 over Vanguard Total (US) Stock Market
Replies: 45
Views: 4972

Re: Vanguard 500 and Vanguard Total (US) Stock Market

zmaqoptyxbglp:

Without question, Vanguard 500 Index Fund and Vanguard Total Market Index Fund are two of the best.

Thank you, Mr. Bogle!

Best wishes.
Taylor
by Taylor Larimore
Mon Jun 25, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2202
Views: 1367724

Re: The Three-Fund Portfolio

Leesbro63:

VTEBX/VTEAX (Tax-Exempt Bond Index) charges a 0.25% load on non-ETF shares. I'd probably go for VWITX (Intermediate-Term Tax-Exempt) or possibly a State Tax-Exempt Fund. We're dancing on the head of a pin.

Best wishes.
Taylor
by Taylor Larimore
Mon Jun 25, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: VTI -> VTSAX
Replies: 15
Views: 1553

Re: VTI -> VTSAX

This is strictly for consolidation. As simple as it is, I don't want to log in each month and buy shares. I'd rather set it and forget it with a specific auto investment amount. I have a decent amount of unrealized gains, so I will probably just leave the ETF alone. Ren: You are not consolidating b...
by Taylor Larimore
Mon Jun 25, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: "The Vanguard Group Rules"
Replies: 1
Views: 600

"The Vanguard Group Rules"

Bogleheads:

I found this Morningstar evaluation of The Vanguard Group very informative -- and reassuring to Vanguard investors.

The Vanguard Group Rules

Best wishes
Taylor
by Taylor Larimore
Mon Jun 25, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 109
Views: 13469

Re: will the SP500 double in 7 years?

Hmm was going to wait till end of summer to see if I want to sell oil, but now Saudi Arabia is going to increase output by 1m barrels a day. You holding/selling/buying more? What do you guys think. Investment 101: I think you should stay the course (assuming it is a good one). Best wishes. Taylor
by Taylor Larimore
Mon Jun 25, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2202
Views: 1367724

Re: The Three-Fund Portfolio

I ordered the book and look forward to it. I wonder how tax-free bonds are treated/suggested. The Three Fund Portfolio, as often referred to here, seems to ignore large taxable portfolios. These, I think, would probably be better served by a tax-free muni bond fund rather than Vanguard Total Bond M...
by Taylor Larimore
Sun Jun 24, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: paid financial advisors
Replies: 6
Views: 911

Vanguard Personal Advisor Service

realtimes: Welcome to the Bogleheads Forum! I am selling my company and will soon have a large sum of cash to invest. Instead of using a wealth manager, I think I will do my own investing with Vanguard. I would like to have the assistance of a paid financial advisor. One that does not sell anything....
by Taylor Larimore
Sun Jun 24, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 174
Views: 28463

Re: Amazon Customer Reviews and The Bogleheads' Guide to The Three-Fund Portfolio

chipaway wrote:
Sun Jun 24, 2018 7:14 pm
Will there be a paperback edition?
chipaway:

Our prior Boglehead books were also published by Wiley. As I recall, they introduced a paperback edition a year or two after the hardcover editions. Authors have no control over prices, marketing, etc..

Best wishes.
Taylor