Search found 22536 matches

by Taylor Larimore
Sun Oct 08, 2017 8:26 pm
Forum: Investing - Theory, News & General
Topic: New Fiduciary Rule seems to be a big disappointment
Replies: 18
Views: 2301

Jack Bogle: "Putting Clients Second"

Bogleheads: The new Fiduciary Rule requires stockbrokers, registered investment advisers and insurance agents to act in the best interests of their clients. Nevertheless, the investment industry is fighting the Fiduciary rule tooth and nail. Never has it been so clear that most in the industry put t...
by Taylor Larimore
Sat Oct 07, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: I just started.
Replies: 15
Views: 1278

The Three-Fund Portfolio

AccordingToLuke:

Welcome to the Bogleheads Forum!

This is a link to The Three-Fund Portfolio and its many advantages.

One advantage: You should easily manage it yourself.

Best wishes.
Taylor
by Taylor Larimore
Sat Oct 07, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bogle-oriented financial advisor in my area
Replies: 13
Views: 1202

Self-serving advisor

samw1918: Welcome to the Bogleheads Forum! I have been assigned a Fidelity advisor. In conversations over the past 6-8 months I can't get him to let go of active management. There is no question in my mind that you have an advisor who is either very uninformed or deliberately taking advantage of you...
by Taylor Larimore
Sat Oct 07, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Our most important decision in one minute
Replies: 4
Views: 1393

Re: Our most important decision in one minute

It looks like you may have accidentally started two threads with (almost) identical title. :)
Brad:

You're right. I deleted the first post.

Thank you and best wishes.
Taylor
by Taylor Larimore
Sat Oct 07, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: Your most important decision in one minute
Replies: 1
Views: 931

Your most important decision in one minute

Bogleheads:

This one minute video is a good reminder of the most important portfolio decision we make:

What's The Biggest Lever For How Much Risk You Can Take?

Best wishes
Taylor
by Taylor Larimore
Sat Oct 07, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: Our most important decision in one minute
Replies: 4
Views: 1393

Our most important decision in one minute

Bogleheads:

This one minute video is a good reminder of the most important portfolio decision we make:

What's The Biggest Lever For How Much Risk You Can Take?

Best wishes
Taylor
by Taylor Larimore
Fri Oct 06, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8079

Re: I'm thinking about cashing completely out of equites....

I'm 56 years old and I have all the money I will ever need based on my lifestyle (boring). With the market overdue for a correction does it ever make sense to completely liqudate ones exposure to risk. I'm currently at a 50/50 mix. Thoughts? harrington: During the next bad bear market you can expec...
by Taylor Larimore
Thu Oct 05, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 3987

Re: Trying to convince my sister not to use a financial advisor

maria00200

You might give your sister a copy of this thread to show her what others think.

Show her the link to The Three-Fund Portfolio which contains a link to an article about "Advisor Risk."

Best wishes.
Taylor
by Taylor Larimore
Thu Oct 05, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9723

Stay the Course

Current Bull Market could last years Bogleheads: Articles like this are designed to attract readers in order to sell advertisements. They should be called "investment pornography" and are meaningless to Bogleheads who make no attempt to forecast the stock and bond markets. Stay the course. No matte...
by Taylor Larimore
Thu Oct 05, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 200
Views: 14498

Dividends vs. Capital Gains for Spending Needs?

Bogleheads: Would you rather own stock funds that automatically pay you enough in dividends to cover your spending needs or own funds that pay little to no dividends, forcing you to sell shares? Physician on Fire prefers stock funds (in taxable accounts) that pay little or no dividends. He tells us ...
by Taylor Larimore
Thu Oct 05, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: [Where do I invest my 2018 IRA contributions?]
Replies: 5
Views: 324

Desired Asset-Allocation or Lower Cost?

Opened the IRA this year with Schwab and contributed $3400. Did a rollover to Vanguard. I’ve also finished my contributions by adding $2100 for a $5500 2017 limit. I’ve made both purchases in Vanguard Total Stock Market (VTSMX) in accordance with the Three Fund hypothesis. Is it better, in 2018, to...
by Taylor Larimore
Wed Oct 04, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Newest Vanguard member/client!
Replies: 2
Views: 408

Re: Newest Vanguard member/client!

Thanks for all of the advice in other threads guys! Just opened our Vanguard account and awaiting fund (cash) transfers. Once they're over in the next day, we'll move other investment accounts in and begin AA as follows. No DCA, so I'd at least like to see a couple of down days in the market before...
by Taylor Larimore
Wed Oct 04, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Delayed Distribution Annuity
Replies: 2
Views: 237

Re: Delayed Distribution Annuity

My wife received an annuity as beneficiary of her mother's annuity who passed in Jan of this year. The mature TransAmerica annuity is non-qualified. We chose the delayed distribution where we must take a lump sum payout at 5 years if we have not taken anything between now and then. It continues to ...
by Taylor Larimore
Wed Oct 04, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4215

Flagship !

OK-- excited to pull up my Vanguard account yesterday and see that extra comma. Such a meaningful punctuation. Hate to be a little braggy about it , but it does feel pretty good. I had been waiting for it to happen and then get to show my wife on the app. Her response "took us awhile" (kill joy :? ...
by Taylor Larimore
Wed Oct 04, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3222

Answer to question

With these two fund-of-funds you will own over 15,000 world-wide individual securities so there is no need to add more funds. In addition to the extreme diversification (lower risk), The funds automatically become more conservative with age. You will not have to worry about rebalancing or other mai...
by Taylor Larimore
Wed Oct 04, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16241

Invest in Real Estate or Stock and Bond Markets?

Bogleheads: During the first half of our lives together (we were married 62 years), Pat and I invested in Florida real estate. During the second half of our lives we invested primarily in stock and bond mutual funds. We made money and lost money in both. We found it was much easier and more profitab...
by Taylor Larimore
Wed Oct 04, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: "Evaluate the Viability of Your Retirement Plan"
Replies: 0
Views: 363

"Evaluate the Viability of Your Retirement Plan"

Bogleheads: Christine Benz, Morningstar Director of Financial Planning, and member of our Panel of Experts at the upcoming Boglehead Conference, has written an excellent article on the subject: "Am I on track for retirement." These are excerpts: "Am I on track for retirement?" There are few more imp...
by Taylor Larimore
Tue Oct 03, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Investor willing to make second bet with Buffett
Replies: 6
Views: 966

Re: Investor willing to make second bet with Buffett

Bogleheads:

Betting against a low cost, broad market index fund has proven to be one of the surest way to lose money.

Best wishes.
Taylor
by Taylor Larimore
Tue Oct 03, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Proposing a standard for asset allocation notation: 60+15/25
Replies: 12
Views: 1251

No one-size fits all.

Would love to have a standard way for people to represent asset allocation along with international mix. Could I suggest: 60+15/25 That represents a 75% stocks, 25% bonds, with 20% of the stock allocation in international. Other alternatives: 60/15/25 (but I like the addition symbol better) Is ther...
by Taylor Larimore
Tue Oct 03, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3222

The Target Funds Solution

prince: Your first and most important decision is your allocation between stocks and bonds. More than anything else it determines your expected return and expected risk. You indicated you are "unsure." Do the best you can. Please use this Vanguard Asset Allocation Tool to help you make a decision o...
by Taylor Larimore
Tue Oct 03, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders
Replies: 13
Views: 1882

Winners in the Left Column

LiveSimple wrote:
Tue Oct 03, 2017 5:38 am
Ha ha made it on the left column, at #184
LiveSimple:

Any Boglehead in the left column is above average.

Congratulations and best wishes!

Taylor
by Taylor Larimore
Mon Oct 02, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3222

Your stock/bond allocation?

prince: Your first and most important decision is your allocation between stocks and bonds. More than anything else it determines your expected return and expected risk. You indicated you are "unsure." Do the best you can. Please use this Vanguard Asset Allocation Tool to help you make a decision on...
by Taylor Larimore
Mon Oct 02, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Please judge my Vanguard portfolio
Replies: 41
Views: 3222

Re: Please judge my Vanguard portfolio

Hi, New to investing, rolled over a 401k from previous employer into Vanguard: 50% - VFIAX - 500 Index Fund Admiral Class 5% - VGHCX - Health Care 5% - VGSTX - Star 15% - VTSMX - Total Stock Market Index 15% - VWELX - Wellington That's what I have setup now, would love any helpful info/advice/criti...
by Taylor Larimore
Mon Oct 02, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16241

Re: $10 million+ - Still Working and LBYM

Our asset allocation is Boglehead boring- 50% total stock market index, 20% foreign index and 30% similarly boring fixed income. I will occasionally get a free portfolio check up from Fido or Vanguard.
NYCguy:

Stay-the-course.

Best wishes.
Taylor
by Taylor Larimore
Mon Oct 02, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9723

Stock and bond risk

With the Federal Reserve ending QE and raising rates I think bonds are a bigger risk than stocks right now. McGilicutty: Nothing is certain. Nevertheless, stocks are much more risky (chance of loss) than high-quality bonds. In the last bear market (2008) Vanguard S&P 500 fund plunged -37%; Vanguard...
by Taylor Larimore
Mon Oct 02, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: VWEHX High-Yield Corporate bond
Replies: 26
Views: 1580

Re: VWEHX High-Yield Corporate bond

I have a small pile of money ($10k) that I'd like to take a risk with for exactly 1 year. corradoJr: This is an unusual request. If you must have the money in 1-year buy a CD. If you can afford to lose 10K within the next 12 months, speculate in stocks and hope for a much higher return. "More money...
by Taylor Larimore
Sun Oct 01, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee looking to move to Private sector..!
Replies: 34
Views: 2284

Re: Federal Employee looking to move to Private sector..!

I like the work, I do. Boss is great very understanding, cooperative and doesn't breath on my neck. My wife is SAHM so she is willing to support the decision I make. imlearner: Probably the most important consideration (not on your list) is: "Do you enjoy your job where you spend a large part of yo...
by Taylor Larimore
Sun Oct 01, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay down some credit card debt?
Replies: 19
Views: 1150

Re: Should I pay down some credit card debt?

investwise1983:

Welcome to the Bogleheads Forum!

Base on the information you provided, you should pay-off all your $5,956 total credit card debt with your "45K savings" tomorrow to enjoy a double digit return from your savings.

Best wishes.
Taylor
by Taylor Larimore
Sat Sep 30, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders
Replies: 13
Views: 1882

Re: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders

The Wizard wrote:
Sat Sep 30, 2017 9:07 am
Looks like it actually closed yesterday at 2519.36.
Not sure where Taylor's 2508 comes from...
The Wizard:

You are correct. I edited my opening post.

Thank you and best wishes
Taylor
by Taylor Larimore
Fri Sep 29, 2017 9:28 pm
Forum: Personal Consumer Issues
Topic: Review of a boat-bike tour along the Danube River
Replies: 10
Views: 1074

Re: Review of a boat-bike tour along the Danube River

Raybo:

I followed your instructions by clicking on the icon. I am very glad I did. Your bike tour using a river boat had your usual excellent pictures with your comments. Always a delight!

Thank you and best wishes.
Taylor
by Taylor Larimore
Fri Sep 29, 2017 9:14 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg: Smart Beta Debate Sparks Identity Crisis at Vanguard
Replies: 15
Views: 2611

"Smart Beta is dumb beta"

Bogleheads:

The famous investor Jeremy Grantham once quipped “Smart Beta is dumb beta plus smart marketing.” (Source: Google)

Best wishes.
Taylor
by Taylor Larimore
Fri Sep 29, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: Investing Books Debunked
Replies: 24
Views: 3957

Re: Investing Books Debunked

Which investing books did you initially think were great but were then somehow debunked, so to speak? Conversely, which investing books did you initially think were junk but were then somehow proven sound? DomDangelina: My biggest disappointment was reading "The Intelligent Asset Allocator" by Bill...
by Taylor Larimore
Fri Sep 29, 2017 8:12 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders
Replies: 13
Views: 1882

2017 BOGLEHEAD CONTEST -- Third Quarter Leaders

Bogleheads: The S&P 500 Index ended the 2017 third quarter at 2,519.36 -- a record high. These are our top-ten leaders and their "guess" back in January: 1 shipwreck 2519.13 2 diverski 2519.01 3 Ninavi 2520.00 4 JCE66 2518.68 5 Van 2520.86 6 gilgamesh 2521.80 7 slowmoney 2516.44 8 DCChak 2515.00 9 C...
by Taylor Larimore
Fri Sep 29, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Founder of world's largest hedge fund manager shares his ideas about success
Replies: 2
Views: 600

Re: Founder of world's largest hedge fund manager shares his ideas about success

Interesting and surprisingly forthright about where we are now and where we might be going. Comments? http://www.marketwatch.com/story/how-ray-dalios-principles-can-guide-your-money-and-your-life-2017-09-29 Garland Whizzer Garland Whizzer: Thank you for the marketwatch story. It is important to und...
by Taylor Larimore
Fri Sep 29, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Question: Why do people put/keep millions of dollars in investment accounts?
Replies: 66
Views: 8235

Re: Question: Why do people put/keep millions of dollars in investment accounts?

Why don't people put some of it in real estate or businesses? Derivative: If you own a total stock market index fund you DO own REITs plus thousand of businesses which also own real estate. You probably also own your own home if you are wealthy. Owning personal real estate can be a full time job wh...
by Taylor Larimore
Fri Sep 29, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: The Four Pillars of Investing – today’s Kindle daily deal
Replies: 10
Views: 1461

Re: The Four Pillars of Investing – today’s Kindle daily deal

Bogleheads:

The Four Pillars of Investing by Dr. William Bernstein is one of my favorite books. I included it in my Investment Gems but unfortunately Morningstar cut-off the second and third pages.

Best wishes.
Taylor
by Taylor Larimore
Thu Sep 28, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6427

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

snarlyjack wrote:
Thu Sep 28, 2017 7:34 pm
I dca into my accounts every payday.
I don't care what the markets are doing (up, down, sideways).
I' am a long term buy & hold investor. It's time in the
markets not timing the markets...that's the big secret.
snarlyjack:

I agree.

Best wishes.
Taylor
by Taylor Larimore
Thu Sep 28, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 5938

Re: My Smartest Financial Move

Bogleheads:

The most smartest Financial Move we ever made was moving our securities from Merrill Lynch to Vanguard in 1986.

Best wishes
Taylor
by Taylor Larimore
Thu Sep 28, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6427

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

https://www.reddit.com/r/investing/comments/6y4lv1/btfd_buy_the_dip_philosophy/ I like the analysis this person did and how he came to conclusion that Buy The Dip strategy actually works. Yes, it is market timing, but he also posted cold, hard facts of how it outperformed SPY. What would be your re...
by Taylor Larimore
Wed Sep 27, 2017 9:38 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1854
Views: 1125903

Re: The Three-Fund Portfolio

Taylor, I wanted to let you know that I converted my Roth IRA to the 3 fund portfolio. I put it in the Life Strategy Fund 80/20 growth portfolio. Because of my age I felt the 80/20 fund would be best for me. Thank you for all your help & contributions to Bogleheads. snarlyjack: You are on the road ...
by Taylor Larimore
Wed Sep 27, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Funds for my Roth?
Replies: 6
Views: 564

Re: Funds for my Roth? (edited)

Marcyp: You are investing in The Three-Fund Portfolio. If you use the link above, in the Opening Post you will read the following: Fund Placement For Maximum Tax-Efficiency: Place Total Bond Market in tax-advantaged account(s). If full, use a tax-exempt bond fund in a taxable account. Place Total St...
by Taylor Larimore
Wed Sep 27, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2314

The Three-Fund Portfolio

yardarm: Welcome to the Bogleheads forum! I would echo what others have said here, is if you can simplify to two or three index funds with very low expense ratios, might be something to consider. I't simpler and will cost you much less in the long run. I agree. This is a link to The Three-Fund Portf...
by Taylor Larimore
Wed Sep 27, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: High end cruising suggestions.
Replies: 26
Views: 2764

Re: High end cruising suggestions.

Bogleheads:

My wife and I did two world cruises with Holland America. They were highlights of our 62 years together.

Thank you, Jack!

Best wishes.
Taylor
by Taylor Larimore
Tue Sep 26, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4479

"If You Can"

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank ...
by Taylor Larimore
Tue Sep 26, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 index in both 401k and Roth IRA
Replies: 12
Views: 1582

Re: S&P 500 index in both 401k and Roth IRA

AtlantaBrave:

Welcome to the Bogleheads Forum!

The S&P 500 Index Fund is an excellent substitute for a Total Market Index Fund.

Livesoft gave you excellent advice about where to place your tax-inefficient bond index fund.

You can read more here: The Three-Fund Portfolio

Best wishes.
Taylor
by Taylor Larimore
Tue Sep 26, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11047

My Rolex story

Bogleheads: At the end of World War II in 1945, there were millions of American service men and women waiting their turn to go home on a ship. To kill time, the Army started inter-divisional competition. I was sent to represent the 101st Airborne Division in a swimming meet in Switzerland. After the...
by Taylor Larimore
Mon Sep 25, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: Research Affiliated Model Portfolios: ZERO % US stocks
Replies: 46
Views: 4662

Bogle and Arnott

Bogleheads:

Jack Bogle about Robert Arnott:
"A brilliant academic” and “the greatest marketer I’ve ever met. -- I wish I was as sure of anything as he is of everything,”
http://dealbreaker.com/2017/04/with-fri ... ack-bogle/

Best wishes.
Taylor
by Taylor Larimore
Mon Sep 25, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Research Affiliated Model Portfolios: ZERO % US stocks
Replies: 46
Views: 4662

"How Much International Stock? A Suggestion"

Bogleheads:

Last year I posted a topic: "How Much International Stock? A Suggestion." I hope you find it useful:

viewtopic.php?t=196956

Best wishes.
Taylor
by Taylor Larimore
Mon Sep 25, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 41
Views: 3084

Re: Simplifying portfolio

I fired my financial adviser several months ago and am finally ready to take charge. I want to get to the 5 fund portfolio model. My adviser left me with a complex portfolio. I am invested in 24 funds with 2 taxable accounts, 2 tax deferred accounts in the brokerage account, a 401K from a prior job...
by Taylor Larimore
Mon Sep 25, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard charged me $140 in service fees
Replies: 31
Views: 5570

Disputes

Bogleheads:

In my experience, it is important to have disputes with any company in writing (e-mail, fax, snail mail).

A telephone call with an entry-level telephone operator can be misunderstood by both parties.

Best wishes.
Taylor