Search found 27768 matches

by abuss368
Sun Oct 29, 2023 12:16 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066215

Re: What Movie Have You Recently Watched?

“The Million Dollar Hotel” with Mel Gibson on Tubi.

It was that bad. I don’t recall seeing bad Mel Gibson movies prior to this.

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

Best.
Tony
by abuss368
Sun Oct 29, 2023 12:13 pm
Forum: Personal Investments
Topic: Vanguard Advisor Services [Portfolio help requested]
Replies: 44
Views: 6331

Re: Vanguard Advisor Services

Taylor Larimore wrote: Sun Oct 29, 2023 12:00 pm Bogleheads:

I agree with Boglehead advisor, Rick Ferri, who wrote (paraphrased):

"If an advisor tells you he/she can beat the market--walk out."

Best wishes
Taylor
Jack Bogle's Words of Wisdom: “The greatest enemy of a good plan is the dream of a perfect plan.”
Hi Taylor -

Excellent advice from Boglehead Rick Ferri to “walk out”.

For advice worst than this (and that can occur), I often recommend that investors “don’t walk, but run”!

Hope you are well.
Tony
by abuss368
Sun Oct 29, 2023 11:57 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 319972

Re: Jack Bogle - Two Fund Portfolio

Cocoa Beach Bum wrote: Thu Oct 26, 2023 2:47 pm investing in VT-Total World Stock and BNDW-Total World Bond is the ultimate in Two Fund investing.
Hi Cocoa Beach Bum -

Your strategy of Total World Stock and Total World Bond is an excellent choice. Low cost, diversified, and simplicity.

This thread has follow the advice and recommendations or Jack Bogle (Total Stock and Total Bond) and Warren Buffett (S&P 500 and Treasuries/Cash).

My Grandmother always said “there is more than one road to Rome”!

Best.
Tony
by abuss368
Sun Oct 29, 2023 11:55 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 319972

Re: Jack Bogle - Two Fund Portfolio

Grt2bOutdoors wrote: Thu Sep 21, 2023 10:33 pm
abuss368 wrote: Wed Sep 20, 2023 7:40 pm Does anyone know of the distribution for Total Stock Index for the quarter?

Thanks!
Tony
.386 per share for VTSAX
Appreciate that.

Higher than same quarter last year!

Best.
Tony
by abuss368
Sun Oct 29, 2023 11:52 am
Forum: US Chapters
Topic: Searching for Lost Contributors
Replies: 537
Views: 138143

Re: Searching for Lost Contributors

Where is Dave55?

Has anyone seen him since he got off the Gulfstream and headed to the launch pad for blastoff into deep space?

We miss you Dave as you are a wealth of knowledge!
Tony
by abuss368
Sun Oct 29, 2023 11:51 am
Forum: Personal Investments
Topic: Vanguard Advisor Services [Portfolio help requested]
Replies: 44
Views: 6331

Re: Vanguard Advisor Services

nedsaid wrote: Sat Oct 28, 2023 5:11 pm My understanding is that VPAS isn't the place to go if you want a portfolio customized just for you. In fact, many investment Advisors use portfolio models so even a local Advisor will likely get you into a cookie-cutter portfolio. From what I have read, Vanguard will allow for a bit of client input but they mostly follow a model, in fact they are a robo-advisor and human advisor hybrid service.
Hi nedsaid -

That is my understanding as well.

I have a family member who engaged Vanguard PAS a couple of years ago and is very satisfied. Essentially the portfolio is the Vanguard Four Fund Portfolio of US and International Stocks and US and International Bonds.

It works.

Hope you are well.
Tony
by abuss368
Sun Oct 29, 2023 11:49 am
Forum: Personal Investments
Topic: Vanguard Advisor Services [Portfolio help requested]
Replies: 44
Views: 6331

Re: Vanguard Advisor Services

Thanks. Vanguard manages my rollover IRA. The mix is 60/40 and I am invested in 9 separate funds. Four Vanguard Advice Select Funds; VADGX, VAGVX, VAIGX & VHCAX. Other funds include: VZICX VXUS VTI Two Bond Funds BVDX BND The recommended fund mix seem to be more complex than needed. While the expense ratio's are low they are higher than an ETF. Furthermore, the complexity has not delivered stronger results and in some cases not even keeping pace with the ETF benchmark. While I love Vanguard products I am not convinced the advice I am getting is worth the cost. Furthermore, the extra complexity is not delivering above par results. I am thinking taking back control and investing in a 5 fund strategy using a 60/40 mix. Hi brad1278 - Vangu...
by abuss368
Sun Oct 29, 2023 11:45 am
Forum: Personal Investments
Topic: Vanguard Advisor Services [Portfolio help requested]
Replies: 44
Views: 6331

Re: Vanguard Advisor Services

I have been using the Vanguard Personal Advisor services for the last 18 months and frankly I am not seeing the value. Sure the service is relatively cheap at 30bps, but I still do not see the value. I speak to an advisor 4 times a year. The account has been re-balanced once in 18 months. It looks like a cookie cutter approach, certainly not tailored to me. What should I expect from the Vanguard Advisor Service? Is it worth it? Hi brad1278 - Welcome to the forum! Vanguard PAS is an excellent choice for anyone who needs help and support or simply does not want (or does not have the time) to manage an investment portfolio. Importantly, Vanguard PAS does not operate on a commission structure. An investor should want an advisor who does not ch...
by abuss368
Wed Sep 20, 2023 7:40 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 319972

Re: Jack Bogle - Two Fund Portfolio

Does anyone know of the distribution for Total Stock Index for the quarter?

Thanks!
Tony
by abuss368
Mon Sep 18, 2023 6:15 pm
Forum: Investing - Theory, News & General
Topic: Tell me again, why dividends are not useful ?
Replies: 1156
Views: 90565

Re: Tell me again, why dividends are not useful ?

Dividends = Passive Income

Very important!
Tony
by abuss368
Sun Sep 17, 2023 6:24 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3895
Views: 2424180

Re: The Three-Fund Portfolio

Taylor Larimore wrote: Sun Sep 17, 2023 10:52 am Phil:

My portfolio contains Vanguard's S&P 500 Index Fund, Total International Index Fund, Total Bond Market Index Fund and a Cash Reserve Fund (VMRRX).

Best wishes
Taylor
Jack Bogle's Words of Wisdom: "The Bogleheads forum is a treasure trove of information, as its contributors and visitors alike help one another, with no axe to grind, in all matter of topics that essentially cover the entire field of investing."
Taylor = Simplicity!

Hope you are well sir.
Tony
by abuss368
Sun Sep 17, 2023 6:22 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway and Dividends
Replies: 92
Views: 8943

Re: Berkshire Hathaway and Dividends

Probably could have added something about "economic moats", something else he talks about a lot. He and Munger would also prefer to focus their portfolio on a few high quality positions they believe in, instead of having broad diversification (concentrated portfolio). But yes agreed, incredibly hard. He acknowledges this, and encourages the average "know nothing" investor (I put myself in that category) to invest in index funds. The fact that this is his advice (for the average saver/investor to buy index funds) is quite telling too I think. He could just as easily tell us to buy a cross section of high dividend paying stocks, and hold those forever. The fact that he recommends index funds over a portfolio of dividend s...
by abuss368
Sun Sep 17, 2023 6:18 pm
Forum: Investing - Theory, News & General
Topic: International (Non-US) versus US Equities (The "Arguments")
Replies: 5209
Views: 828437

Re: International (Non-US) versus US Equities (The "Arguments")

Nathan Drake wrote: Sat Sep 16, 2023 3:26 pm Being early in exUS hasn't been terrible. It's not like you got a negative real return. The sharpe ratio wasn't ideal, but it hasn't been catastrophic.
Hi Nathan -

I would agree with that assessment. I too would like to see International Stocks and Bonds have some time in the sun.

I think that would make investors happy and dial down the intensity of many threads on the forum!

Hope you are well.
Tony
by abuss368
Sun Sep 17, 2023 12:12 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway and Dividends
Replies: 92
Views: 8943

Re: Berkshire Hathaway and Dividends

Bogleheads -

Is there an ETF that try’s to follow or mimic Warren Buffett and Berkshire Hathaway’s public stock portfolio?

I thought I read something years ago to be the case.

Best.
Tony
by abuss368
Sat Sep 16, 2023 8:19 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 319972

Re: Jack Bogle - Two Fund Portfolio

silverbullet75 wrote: Sat Sep 16, 2023 8:01 pm
abuss368 wrote: Sat Sep 16, 2023 7:18 pm Bogleheads -

Is anyone aware of what the dividend for Total Stock Index will be for the 3rd quarter?

Best wishes.
Tony
Appears it will be 14.1 cents per share: https://investor.vanguard.com/investmen ... tributions
That is Total World and not Total Stock.
by abuss368
Sat Sep 16, 2023 7:36 pm
Forum: Investing - Theory, News & General
Topic: "3 Of the Best Robo-Advisors--and One of the Worst"
Replies: 56
Views: 8539

Re: "3 Of the Best Robo-Advisors--and One of the Worst"

arcticpineapplecorp. wrote: Sat Sep 16, 2023 7:20 pm
abuss368 wrote: Sat Sep 16, 2023 7:14 pm Hi nedsaid -

Was Burton Malkiel involved with one of those firms?

Best.
Tony
not nedsaid here, but Malkiel's involved with wealthfront: https://moneywise.com/investing/robo-ad ... ealthfront.

Taylor, thanks for posting.
That was it!

Thanks!
Tony
by abuss368
Sat Sep 16, 2023 7:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 319972

Re: Jack Bogle - Two Fund Portfolio

Bogleheads -

Is anyone aware of what the dividend for Total Stock Index will be for the 3rd quarter?

Best wishes.
Tony
by abuss368
Sat Sep 16, 2023 7:15 pm
Forum: Investing - Theory, News & General
Topic: Tell me again, why dividends are not useful ?
Replies: 1156
Views: 90565

Re: Tell me again, why dividends are not useful ?

Dividends have provided up to 40% of the return of the S&P 500.

Best.
Tony
by abuss368
Sat Sep 16, 2023 7:14 pm
Forum: Investing - Theory, News & General
Topic: "3 Of the Best Robo-Advisors--and One of the Worst"
Replies: 56
Views: 8539

Re: "3 Of the Best Robo-Advisors--and One of the Worst"

nedsaid wrote: Sat Sep 16, 2023 4:28 pm
abuss368 wrote: Sat Sep 16, 2023 2:50 pm
nedsaid wrote: Sat Sep 16, 2023 1:52 pm
One problem with these, and indeed it is a problem with any kind of service, is that the Robo-Advisor can be sold.
Hi nedsaid -

Interesting point. I would suspect this may be a risk for the smaller and more independent advisors. The Vanguard, Fidelity, and Charles Schwab’s should be stable and growing.

Best.
Tony
Early on, there were two Robo-Advisors that drew a lot of attention early on: Betterment and Wealthfront. I did a search and found that Wealthfront had been acquired by UBS in January 2022. Betterment is still independent.

I would agree that Vanguard, Fidelity, and Schwab are much less likely to be purchased than Wealthfront.
Hi nedsaid -

Was Burton Malkiel involved with one of those firms?

Best.
Tony
by abuss368
Sat Sep 16, 2023 2:50 pm
Forum: Investing - Theory, News & General
Topic: "3 Of the Best Robo-Advisors--and One of the Worst"
Replies: 56
Views: 8539

Re: "3 Of the Best Robo-Advisors--and One of the Worst"

nedsaid wrote: Sat Sep 16, 2023 1:52 pm
One problem with these, and indeed it is a problem with any kind of service, is that the Robo-Advisor can be sold.
Hi nedsaid -

Interesting point. I would suspect this may be a risk for the smaller and more independent advisors. The Vanguard, Fidelity, and Charles Schwab’s should be stable and growing.

Best.
Tony
by abuss368
Sat Sep 16, 2023 2:48 pm
Forum: Investing - Theory, News & General
Topic: "3 Of the Best Robo-Advisors--and One of the Worst"
Replies: 56
Views: 8539

Re: "3 Of the Best Robo-Advisors--and One of the Worst"

Bogleheads: I have never used a Robo-Advisor , but the more I learn about them the more I am convinced that they are worthwhile for many investors. Morningstar has researched several of the best known Robo-Advisors and recommends Vanguards' Robo-Advisor . Bogleheads can read the Morningstar report here: https://www.morningstar.com/financial-advice/3-best-robo-advisors-one-worst-2 It would be informative to learn the experience of Bogleheads who have used a Robo-Advisor . Best wishes Taylor Jack Bogle's Words of Wisdom: "Vanguard has a superior robo system because clients have individuals they can talk to. Let’s call that robo-plus." Hi Taylor - Thanks for sharing! Personally, I have a family member who has used Vanguard PAS for m...
by abuss368
Sat Sep 16, 2023 2:31 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway and Dividends
Replies: 92
Views: 8943

Re: Berkshire Hathaway and Dividends

Buffett talks a whole lot less about dividends then he talks about what he calls "owner earnings". He talks about how he prefers to own a controlling interest in a business so that he can control capital allocation, but in either case whether he owns a minority position or 100% of the company it is this "owner earnings" calculation he is focused on. Dividends are just a portion of those owner earnings that are being return to him as a shareholder rather than reinvested in the business. Buying back stock is another way of returning owner earnings, and he has written extensively on this, when it makes sense and when it doesn't. When he is a minority owner and doesn't control capital allocation, he is focused like a laser ...
by abuss368
Wed Sep 13, 2023 9:29 am
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway and Dividends
Replies: 92
Views: 8943

Re: Berkshire Hathaway and Dividends

LaramieWind wrote: Wed Sep 13, 2023 7:18 am WB likes to buy dividend paying companies, what does he do with the dividends it receives from its holdings?
If I recall, Berkshire Hathaway receives over $4 BILLION in dividends a year!

Think about that for a moment.

I recently watched a Warren Buffett interview where he discussed this. In terms of Berkshire paying a dividend, he said they have not (believe they did one year only way back) but that could change in the future.

At some point the growing mountain of cash will be under pressure to put to work or pay back to shareholders if it is not already.

Best.
Tony
by abuss368
Wed Sep 13, 2023 9:25 am
Forum: Investing - Theory, News & General
Topic: Tell me again, why dividends are not useful ?
Replies: 1156
Views: 90565

Re: Tell me again, why dividends are not useful ?

Toons wrote: Mon Sep 11, 2023 9:12 am Walmart paid me a dividend the other day
It paid for my new Samusng Flip five phone
Im pleased,
with the dividend and
the continuing rise of the stock price
This year
:happy :happy
Hi Toons -

Do you hold a lot of individual stocks?

Do the additional risks keep you up at night or you are focused on possible higher performance?

Best.
Tony
by abuss368
Sat Sep 09, 2023 2:55 pm
Forum: Personal Consumer Issues
Topic: Pros and Cons of "Do Not Resuscitate"
Replies: 209
Views: 49621

Re: Pros and Cons of "Do Not Resuscitate"

Taylor Larimore wrote: Sat Sep 09, 2023 11:09 am Bogleheads:

Yesterday I signed a "Do Not Resuscitate" form. You can read its advantages and disadvantages here:

https://www.ablison.com/pros-and-cons-o ... suscitate/

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: “Learn every day, but especially from the experiences of others. It's cheaper!”.
Hi Taylor -

Thank you for sharing this important form.

Best wishes.
Tony
by abuss368
Fri Sep 08, 2023 6:02 pm
Forum: Investing - Theory, News & General
Topic: Cash is a terrible long-term investment
Replies: 369
Views: 39700

Re: Cash is a terrible long-term investment

gammalaser wrote: Thu Aug 31, 2023 10:53 pm A great video by Ben Felix on why cash is a terrible investment for the long term
https://www.youtube.com/watch?v=KdzOlRRHOU8

Key points: Cash has low expected returns in the long run due to not carrying any risk premium. And even in a high interest rate environment, stocks/bonds have superior long term expected returns.

My conclusion: Stick to your stock/bond allocation. Don't try to tactically change to cash even in the short term unless you actually need to spend that cash soon or as an emergency fund!
Hi gammalaser -

Thank you for sharing. Personally, I have never considered cash as an asset class an investment.

Cash is there for liquidity and short term needs. Perhaps enough to sleep well at night.

Best.
Tony
by abuss368
Fri Sep 08, 2023 5:57 pm
Forum: Personal Investments
Topic: Funding New Home Construction and Portfolio Review
Replies: 13
Views: 1832

Re: Funding New Home Construction and Portfolio Review

Hi Jon - I hope you are well! Hard to imagine you are considering International stocks for the portfolio. I did not think I would ever read that as you were always S&P 500/Total Stock and Treasuries/Cash. Best wishes. Tony My overriding theme has always been low cost and simplicity. As you can see above, I have traditionally stayed with short duration fixed income and only 2 mutual funds - FXAIX and VTSAX. The combination has provided an excellent inflation hedge, a margin of safety and solid returns for many years. Hi Jon - Makes sense. Simple is effective! Nonetheless, I am surprised, that you would be considering International sir! I too have appreciated your efforts and posts over the years. I should tell you I recently purchased a...
by abuss368
Tue Sep 05, 2023 7:53 pm
Forum: Personal Investments
Topic: Funding New Home Construction and Portfolio Review
Replies: 13
Views: 1832

Re: Funding New Home Construction and Portfolio Review

Emergency funds: Emergency plan. Most scenarios allow 6-12 month cushion. Debt: $81,000 (Mortgage at 2.7%)- Current home - Zillow says $250,000/Realtor says $275,000. Tax Filing Status: Married filing jointly Tax Rate: 32% Federal Marginal Rate, 5.5% State State of Residence: Maine Age: 54/40 (DW) Desired Asset allocation: Stocks and about 2-3 years of expenses in fixed income (currently about 10%) Desired International allocation: Probably going to change to world market cap when DW 403b starts offering VTWAX later this year. I will switch VTSAX to VTWAX and FXAIX at Fidelity to VT. Still debating this. Current retirement assets $2.5M Taxable His and Hers 13% 3 month T-Bills on auto roll (0.00 cost) His SEP 74% FXAIX (Fidelity 500 Index F...
by abuss368
Sun Sep 03, 2023 10:24 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3895
Views: 2424180

Re: The Three-Fund Portfolio

Taylor Larimore wrote: Sat Sep 02, 2023 6:39 pm Bogleheads:

Optimized Portfolio has updated their Video featuring The Three-Fund Portfolio:

https://www.optimizedportfolio.com/bogl ... portfolio/

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: "There may be better investment strategies than owning just three broad-based index funds but the number of strategies that are worse is infinite."
Hi Taylor -

Excellent and appreciate you sharing!

Hope you are well.
Tony
by abuss368
Sun Sep 03, 2023 10:23 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 5802
Views: 574298

Re: What are you listening to now

80s music on Sirius. “I can dream about you”!

On an episode of Miami Vice.

Love the 80s.

Best.
Tony
by abuss368
Sat Sep 02, 2023 7:18 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066215

Re: What Movie Have You Recently Watched?

“Safe House” on Tubi with Denzel Washington and Ryan Reynolds.

Excellent movie.

https://en.wikipedia.org/wiki/Safe_House_(2012_film)

Best.
Tony
by abuss368
Sat Sep 02, 2023 6:35 pm
Forum: Personal Investments
Topic: What fund to invest $270k in?
Replies: 22
Views: 3352

Re: What fund to invest $270k in?

bclindhagen wrote: I talked to a couple people more financially savvy than I am, they like index funds and both said they would just put it all in VOO or VTSAX and let it sit there indefinitely. Does that sound reasonable, or are there other funds that might be better to set it and forget it? Thanks!! bclindhagen123: Welcome to the Bogleheads Forum! We have been comfortably retired for many years. I credit it to our Three-Fund Portfolio. You can read about its many benefits here: https://www.bogleheads.org/forum/viewtopic.php?t=88005 Best wishes. Taylor Jack Bogle's Words of Wisdom: "The Three-Fund Portfolio will help you to develop a sound asset allocation strategy, make smart investment selections, and guide the implementation of yo...
by abuss368
Sat Sep 02, 2023 8:57 am
Forum: Personal Consumer Issues
Topic: ALL-IN-ONE laser printer
Replies: 72
Views: 7453

Re: ALL-IN-ONE laser printer

ijakester wrote: Sun Feb 13, 2022 1:31 pm Does anyone have an ALL-IN-ONE monochrome laser printer that can use third party toner and paper, is Mac friendly and will run on
macOS Monterey version 12.2.1? If you have such printer what is the name and model and are you happy with it.
After being a very long time HP printer customer, I recently switched to Brother. I am much happier.

Honestly, we print very very rare these days.

Someday I suspect a printer and paper will decline even more and may ultimately no longer be around.

Best.
Tony
by abuss368
Sat Sep 02, 2023 6:52 am
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

vnatale wrote: Fri Sep 01, 2023 8:10 pm
nisiprius wrote: Fri Sep 01, 2023 8:02 pm But I think it is... uh... crazy to say that the Extended Market Index Fund is "pure garbage.
Matches my response and sentiments!
Bogleheads -

I agree or Jack Bogle would have never created the Vanguard Extended Market Index Fund!

Best.
Tony
by abuss368
Sat Sep 02, 2023 6:51 am
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

I see better Sharpe and Sorinto ratios on SP 500. If anyone knows a LOT about smaller cap stocks it's Warren, who made many investments outside the SP 500, esp in his earlier days. Let me add another 'I BELIEVE' here -- I think his point is that passive investing's goal is really to track the growth of the economy etc, and its better to keep it simple and use the SP 500 for that purpose. How many countless posts on BH's --that go beyond that simple concept -- convince an otherwise passive investor there is still juice left to squeeze by further (random?) optimizations? I somewhat randomly alternate between VTI and VOO to split the difference. I keep my sense of humor about it between Jack and Warren :) Net, net -- I never forget I am a PAS...
by abuss368
Fri Sep 01, 2023 7:57 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

My taxable investment is the vanguard s and p 500 fund . I don’t want to look up the letters identifying the fund. I got there because one time long, long ago Vanguard merged my Tax managed Growth and Income fund into the Vanguard S & P 500 fund. I got into the tax managed fund because when my dad died, he left me $10,000 . Combined with $10,000 of my own money, it is now worth about $200,000. I have often thought about changing to to Total Stock market, but inertia set in and I just don’t care enough. There are way more important things to care about: should I mow the lawn, wash the car or eat my dinner my wife is telling me is ready. I’m hungry. Cheers! Hi AlohaBill - This is so well said and many people would be wise to consider you...
by abuss368
Fri Sep 01, 2023 7:56 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

S&P is mostly large-cap, and they have other criteria to ensure only the creams of the crop enter the fray. No they don't. It is just big companies. The S&P 500 has included historically just about every major corporate failure in America from Enron to Sears. Not saying the S&P 500 is bad but the idea that is this highly vetted bestest companies in the US is just not correct. No system is foolproof especially if the company that has been selected is committing accounting fraud. These literal handful of companies doesn't amount to anything as Nisprius posted. Just assume the 503 companies were equal weight for simplicity's sake, 1/503 = 0.198%. Hi GP813 - I beleive the Top 10 of both the Vanguard Total Stock and Vanguard 500 Fun...
by abuss368
Fri Sep 01, 2023 7:51 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

Bogleheads -

Here is the thing with Warren Buffett and his general advice to “buy a low cost S&P 500 Index and Cash/Treasuries (I suggest Vanguard) from the 2013 Berkshire Hathaway Annual Shareholders Report: this advice would probably help A LOT of ordinary investors.

Mr. Buffett could easily expand his answer. To date, he has chosen not too. In addition, he may be so far REMOVED from portfolio construction that he may not know where to begin. No one knows.

However, Berkshire Hathaway DOES invest internationally.

Best.
Tony
by abuss368
Fri Sep 01, 2023 7:47 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

Northern Flicker wrote: Fri Sep 01, 2023 2:30 pm Answer: Fortrea is the only company on the list that is in the S&P 500.
Correct!
Tony
by abuss368
Fri Sep 01, 2023 7:46 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

tvubpwcisla wrote: Fri Sep 01, 2023 8:34 am I prefer the S&P 500 as I have no clue what is in the Total Stock Market Index fund (too many companies IMO). For example, GIII (G-III Apparel Group Ltd.) is one of the included holdings and I don't know what that is. Most funds try to beat the S&P 500 and cannot so it is a solid investment choice for the long run.
So do you not invest in international either? There are many companies that many people have even less knowledge than US companies.

Best.
Tony
by abuss368
Fri Sep 01, 2023 7:45 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

Northern Flicker wrote: Thu Aug 31, 2023 11:04 pm
abuss368 wrote: Thu Aug 31, 2023 8:36 pm
ExPatKiwi wrote: Tue Aug 29, 2023 10:52 am The broader question though is while AMC is only one "stinker" in the TSM fund, how many more are there?
Hi ExPatKiwi -

Interesting timing. I recently watched a Grant Cardone interview where he discussed investing. He stated that about 500 companies (essentially the S&P 500) are the only stocks of value on the exchanges. He also said the other 3,500 stocks are pure garbage.
Is this who you are referring to?

https://grantcardone.com/
Correct.
by abuss368
Fri Sep 01, 2023 6:06 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Real Estate
Replies: 161
Views: 26288

Re: Fundrise - Real Estate

Nate79 wrote: Fri Sep 01, 2023 7:01 am
abuss368 wrote: Thu Aug 31, 2023 9:34 pm Bogleheads -

Appears Fundrise’s Flagship Interval Fund has eliminated the quarterly dividend.

Fundrise does operate the rental business with very low leverage. Last I heard on their Onwards podcast, it was in the 40% range.

Not sure when the cash flows front he rental income will be paid as dividends again.

Best.
Tony
Tony, where did you hear/see this information?
Hi Nate -

I reviewed the “Browse Invetments” page.

The Flagship Real Estate Fund has not paid a dividend under the trailing history. The yield previously stated 0.40% (which is almost unheard of for a REIT fund to begin with) is now removed.

Please review and let me know if I am missing something.

Thanks!
Tony
by abuss368
Fri Sep 01, 2023 4:56 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Real Estate
Replies: 161
Views: 26288

Re: Fundrise - Real Estate

Nate79 wrote: Fri Sep 01, 2023 7:01 am
abuss368 wrote: Thu Aug 31, 2023 9:34 pm Bogleheads -

Appears Fundrise’s Flagship Interval Fund has eliminated the quarterly dividend.

Fundrise does operate the rental business with very low leverage. Last I heard on their Onwards podcast, it was in the 40% range.

Not sure when the cash flows front he rental income will be paid as dividends again.

Best.
Tony
Tony, where did you hear/see this information?
Hi Nate -

I reviewed the “Browse Invetments” page.

The Flagship Real Estate Fund has not paid a dividend under the trailing history. The yield previously stated 0.40% (which is almost unheard of for a REIT fund to begin with) is now removed.

Please review and let me know if I am missing something.

Thanks!
Tony
by abuss368
Thu Aug 31, 2023 9:34 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Real Estate
Replies: 161
Views: 26288

Re: Fundrise - Real Estate

Bogleheads -

Appears Fundrise’s Flagship Interval Fund has eliminated the quarterly dividend.

Fundrise does operate the rental business with very low leverage. Last I heard on their Onwards podcast, it was in the 40% range.

Not sure when the cash flows front he rental income will be paid as dividends again.

Best.
Tony
by abuss368
Thu Aug 31, 2023 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is now a good time to buy in San Francisco
Replies: 35
Views: 6766

Re: Is now a good time to buy in San Francisco

sf_tech_saver wrote: Thu Aug 31, 2023 8:16 pm
dougspitz wrote: Thu Aug 31, 2023 7:00 am I have always wanted to live in San Francisco. It looks like prices are down significantly right now. I live in the Midwest so I don’t have a good handle on the market. Is now a good buying opportunity? Are prices in the suburbs down as well?

For example, I could buy an apartment now and rent it out. Then in 5-10 years when I go to part time use it as a vacation home. And when I retire in 15 years move there. Of course, alternatively I could just put the money in VTI and buy a place when I retire.
Yes, esp in the SOMA/East Cut area.
Hi James -

Better invest in that Fundrise “West Coast e-REIT fund”!😂

Hope you are well.
Tony
by abuss368
Thu Aug 31, 2023 8:40 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

sf_tech_saver wrote: Thu Aug 31, 2023 8:18 pm
This, I BELIEVE, is why Warren Buffet suggested the S&P 500 for passive investing. The volatility costs of the stocks beyond the top 500 aren't worth it in his mind. He seems to be a pretty good investor :)
Hi James -

Funny! I just wrote this as well and then read your post. We are thinking alike.

Sometimes I wonder about Total Stock and if the approximately 4,000 companies is a little smoke and mirrors in terms of diversification. I have thought this about Total International as well and the 8,000 companies that fund includes. I am relying on investment experts.

How many actually move the needle or make a difference?

Best.
Tony
by abuss368
Thu Aug 31, 2023 8:36 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

ExPatKiwi wrote: Tue Aug 29, 2023 10:52 am The broader question though is while AMC is only one "stinker" in the TSM fund, how many more are there?
Hi ExPatKiwi -

Interesting timing. I recently watched a Grant Cardone interview where he discussed investing. He stated that about 500 companies (essentially the S&P 500) are the only stocks of value on the exchanges. He also said the other 3,500 stocks are pure garbage.

That had me thinking as well!

Perhaps there is a reason Warren Buffett selects the S&P 500 fund!

Best.
Tony
by abuss368
Thu Aug 31, 2023 8:31 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10272

Re: S&P 500 versus Total Stock Market index fund

Hi Bogleheads -

This list of criteria should help provide some perspective:

https://corporatefinanceinstitute.com/r ... 500-index/

Best.
Tony
by abuss368
Mon Aug 28, 2023 7:55 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 2645
Views: 319972

Re: Jack Bogle - Two Fund Portfolio

Warren Buffet does seem to really stand by the 10% short-term bonds (cash) figure. He followed up by saying, explicitly, that holding 20, 30, or 40% bonds is "silly". I believe what Buffet is leaving to his wife is 90% S&P 500 and 10% short term Treasuries? In any event her 10% short term bonds will probably amount to 100's of millions - so no risk to her with that nest egg. I know he is a believer in the US stock market but don't know that he sees only 10% in bonds for normal investors. If he does -- ignore it unless you are very young and very risk tolerant. exactly this. It's not to me or you this advice was for. Bogleheads - In my opinion, too much concern and debate is placed into the exact allocation percentages of 90% ...
by abuss368
Sun Aug 27, 2023 7:22 pm
Forum: Investing - Theory, News & General
Topic: VNQ at the same level as in 2014! what’s the point of REITS ?
Replies: 135
Views: 14250

Re: VNQ at the same level as in 2014! what’s the point of REITS ?

...There's less efficiency in RE markets then again they tend to be more long term commitments so a momentum factor has to last to make a real difference. That’s precisely why there is advantage to seeking recourse to a professional. Because equity markets are pretty efficient, stock-picking is a lousy game, especially after we consider fees and tax-inefficiency. Hence, the whole premise of BH. But the less efficient the market, the more emphasis on being a smart/informed/lucky picker. Wouldn’t it be great, if there were an actively-managed “SFH mutual fund”? I’d happily pay Blackrock of whomever 1.5%/year in fees to get into an actively managed portfolio of single family houses. Does such a thing exist? Am I simply uninformed? Genuinely a...