How much has Bogleheads contributed to your net worth?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills

How much has Bogleheads contributed to your net worth?

0-5%
37
36%
6-10%
14
14%
11-15%
7
7%
16-20%
6
6%
21-25%
7
7%
26-30%
2
2%
31-35%
5
5%
36-40%
2
2%
41-45%
2
2%
46-50%
3
3%
over 50%
13
13%
Bogleheads has reduced my net worth
4
4%
 
Total votes: 102

Topic Author
texasdiver
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How much has Bogleheads contributed to your net worth?

Post by texasdiver » Sun Feb 22, 2015 10:55 am

On the 2-comma thread I got to thinking about how much this forum has helped contribute to my wife's and my net worth. In terms of asset allocation, fee minimization, lifestyle and saving, and tax strategies such as using HSAs. I started reading this forum in 2007. while it is just a guess, I don't think it is an exaggeration to say that 25% of our current net worth can be attributed to this forum. What about the rest of you?

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6miths
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Re: How much has Bogleheads contributed to your net worth?

Post by 6miths » Sun Feb 22, 2015 10:57 am

It is hard to say. I think I was a Boglehead before I knew what a Boglehead was but it is certainly wonderful to have the community.
'It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so!' Mark Twain

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iceport
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Re: How much has Bogleheads contributed to your net worth?

Post by iceport » Sun Feb 22, 2015 11:52 am

texasdiver wrote:In terms of asset allocation, fee minimization, lifestyle and saving, and tax strategies such as using HSAs. I started reading this forum in 2007. while it is just a guess, I don't think it is an exaggeration to say that 25% of our current net worth can be attributed to this forum. What about the rest of you?
I agree with you on all counts, texasdiver. It would be hard to quantify the benefit, but I know it has been huge. I came around to the old Vanguard Diehards forum slowly, sometime around 2005 or 2006 maybe. Since then, my portfolio overhaul and behavioral modifications include these advantages, directly attributable to this forum:
  • Excellent tax efficiency in taxable accounts. At one point the taxable portion of my retirement portfolio was well over half the total. It even included a REIT fund! Taylor helped tremendously in convincing me to give taxes the attention they rightfully deserve.
  • Excellent control of expenses. Total weighted average ER is down below 0.12%. This forum is nothing if not relentless in its focus on expenses, and it had hardly been on my radar in earlier years.
  • Focus on retirement goal. While I had never been a spendthrift by any means, saving consistently through various personal life changes had been a weak point. This forum has helped me develop a laser focus on my financial goals, maximizing the use of tax-advantaged accounts, with the excess directed to sole-purpose taxable accounts, and prioritizing savings over shorter term goals. Some of that can also be attributed to age/experience, but I'm sure I would never have become as focused without the forum's perspectives. Interestingly, in spite of saving far more diligently, I have never felt my lifestyle was compromised by financial limitations.
  • Developing a long term, easily managed and measured, extremely diversified index fund portfolio and risk-appropriate asset allocation.
  • Staying the course. I rebalanced into equities and bought only equities as required to meet my AA throughout the Great Recession. There's no telling what I would have done had I not been reading this forum through it all, but it's practically guaranteed I would not have fared anywhere near as well. Aside from that, just maintaining (roughly) the same AA for the last 10 years has surely served me well. My performance chasing days are long gone.
I think 25% is a good guess for me also.

Thank you Bogleheads!
"Discipline matters more than allocation.” ─William Bernstein

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Sheepdog
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Re: How much has Bogleheads contributed to your net worth?

Post by Sheepdog » Sun Feb 22, 2015 12:05 pm

That is difficult to quantify.. Between M* Diehards (which started in the year I retired) and Bogleheads, it has to be considerable. I know I would have gone downhill instead of of our net worth growing in retirement. I will put down 50%, but it could be even more.
Just because it isn't your fault doesn't mean it isn't your responsibility....Josh Reid Jones

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Re: How much has Bogleheads contributed to your net worth?

Post by Fallible » Sun Feb 22, 2015 12:12 pm

6miths wrote:It is hard to say. I think I was a Boglehead before I knew what a Boglehead was but it is certainly wonderful to have the community.
Agree, word for word. :happy
John Bogle on his often bumpy road to low-cost indexing: "When a door closes, if you look long enough and hard enough, if you're strong enough, you'll find a window that opens."

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Re: How much has Bogleheads contributed to your net worth?

Post by Grt2bOutdoors » Sun Feb 22, 2015 12:14 pm

Somewhere between 5 and 10% - I was already practicing Boglehead like principles before I came upon the site in early 2007, including backing up the truck and picking up those juicy I bonds with reward credit cards. That said, I learned about slicing and dicing and some of those nice 529 plan offerings here - that gained me a point or two in extra return. I can't put a return on the community though - when people quote experts on CNBC I laugh, the real experts are on this forum. :D
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Minsc
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Re: How much has Bogleheads contributed to your net worth?

Post by Minsc » Sun Feb 22, 2015 12:15 pm

When I found this site and WCI, I had a negative 800k networth. I am now positive 250k.

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sometimesinvestor
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Re: How much has Bogleheads contributed to your net worth?

Post by sometimesinvestor » Sun Feb 22, 2015 12:18 pm

I started with this site sometime in early 09. I used to not worry about asset allocation and was usually 90% stocks 10% money market Clearly in that period to date diversification has hurt and all equities better.

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Re: How much has Bogleheads contributed to your net worth?

Post by Christine_NM » Sun Feb 22, 2015 12:34 pm

The most obvious benefit has been TLH in 2008. I still have tax carryover losses from that. I probably would not have done that on my own.

It is easier to stay the course when you know others are in the same boat with you.

And you all finally got me to stick with 20% international rather than going hot and cold on the subject.

I estimated 15% but it may well be much more -- who knows what craziness I would have put myself through.
16% cash 48% stock 36% bond. Retired, w/d rate 2.85%

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Re: How much has Bogleheads contributed to your net worth?

Post by sambb » Sun Feb 22, 2015 12:53 pm

BH has contributed little. I work hard, make a good salary, and I had a few fantastic and obvious stock picks (like AAPL) that enabled me to do extremely well. I am so glad that I found BH after I had invested in some individual stocks and made good money (way way over S&P 500, blew that index away), and paid off my house. If I had indexed back then, I would never ever have the net worth that I have. I now use BH philosophy, but it was after doing well in investments that I chose and stock picking. Savings and earnings helped also. Yes, individual stock investing can work, and can work far far better than boglehead philosophy. I'm just not good enough to keep it going, but I am glad I did it to build my nest egg.

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Re: How much has Bogleheads contributed to your net worth?

Post by The Wizard » Sun Feb 22, 2015 1:06 pm

As a few others have said, it's hard to quantify.
I was a reasonable buy and hold investor before I was a Boglehead.
But I chased performance a bit and didn't have a comfortable plan for dealing with a stock downturn.
So for me, Bogleheads has definitely increased my comfort and confidence factors related to money management...
Attempted new signature...

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DonCamillo
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Re: How much has Bogleheads contributed to your net worth?

Post by DonCamillo » Sun Feb 22, 2015 1:13 pm

I came to this forum too late for it to have a meaningful effect on my net worth. However, after receiving a notice of expense increases from CREF, I did a simulation and estimated that over a 30 year accumulation period, a difference of one half of one percent in annual expenses (the current difference between Vanguard Total Stock Market Index Fund and the College Retirement Equities Fund class R1) would result in a difference of about 10% in the final balance. Fortunately, my wife and I did most of our investing in CREF at lower expense ratios before CREF went over to the dark side.

I also lost money in individual stocks that I would not have lost following a Bogleheads strategy. The total of these losses were probably about $35,000, so avoiding them might have increased my current net worth by $100,000 if I include earnings on the money lost. I was fortunate in that I did not have much money when I made my stupidest investments, which limited my losses. For example, I bought 100 shares of Pan Am at $9 and sold it for $3 as it was on the road to bankruptcy.
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Re: How much has Bogleheads contributed to your net worth?

Post by acejacksingh » Sun Feb 22, 2015 1:55 pm

Minsc wrote:When I found this site and WCI, I had a negative 800k networth. I am now positive 250k.
Wow that's powerful... :sharebeer

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Re: How much has Bogleheads contributed to your net worth?

Post by kolea » Sun Feb 22, 2015 2:02 pm

You don't have an option for negative gain which would be my answer. But that is not a bad thing necessarily. I used to be almost 100% equities. Boglemania finally convinced me that I should put some of that money into fixed income. This has only been in the last 2 years roughly, during which time bond interest has fallen and equities have done great.

Even though our portfolio is not growing as fast as it could have been, I know this is a better approach for us. Probably the most valuable gain for me has been tons more knowledge on the details of retirement asset management (I am retired). Pre-retirement is the easy part, IMO. The harder part is deriving a reliable income in a tax efficient manner off those investments.
Kolea (pron. ko-lay-uh). Golden plover.

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Toons
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Re: How much has Bogleheads contributed to your net worth?

Post by Toons » Sun Feb 22, 2015 2:03 pm

Very difficult to quantify,,,I had the basics down when I got here,but I have learned in immense amount here :happy
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Re: How much has Bogleheads contributed to your net worth?

Post by HurdyGurdy » Sun Feb 22, 2015 2:15 pm

Just taking into account the amount of savings due to low expense rates, by the time I end accumulating, Terminal Wealth could be around 30% greater than usual products.

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Minsc
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Re: How much has Bogleheads contributed to your net worth?

Post by Minsc » Sun Feb 22, 2015 2:19 pm

acejacksingh wrote:
Minsc wrote:When I found this site and WCI, I had a negative 800k networth. I am now positive 250k.
Wow that's powerful... :sharebeer
Yeah we made some mistakes, but have corrected them thanks to this site and the white coat investor. It feels good.

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gasdoc
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Re: How much has Bogleheads contributed to your net worth?

Post by gasdoc » Sun Feb 22, 2015 4:59 pm

sambb wrote:BH has contributed little. I work hard, make a good salary, and I had a few fantastic and obvious stock picks (like AAPL) that enabled me to do extremely well. I am so glad that I found BH after I had invested in some individual stocks and made good money (way way over S&P 500, blew that index away), and paid off my house. If I had indexed back then, I would never ever have the net worth that I have. I now use BH philosophy, but it was after doing well in investments that I chose and stock picking. Savings and earnings helped also. Yes, individual stock investing can work, and can work far far better than boglehead philosophy. I'm just not good enough to keep it going, but I am glad I did it to build my nest egg.

You were very lucky. Glad you saw the light before it was too late.

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Re: How much has Bogleheads contributed to your net worth?

Post by Boglemama » Sun Feb 22, 2015 6:59 pm

People gave me ideas by reading all of the posts and I got incredible direction from personal suggestions. Bogleheads is the rich family that I never had, but that I can ask for advice. I thank all of you for making a difference in my whole family's lives! :happy
Last edited by Boglemama on Sun Aug 04, 2019 12:44 pm, edited 1 time in total.

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Re: How much has Bogleheads contributed to your net worth?

Post by bhsince87 » Sun Feb 22, 2015 7:27 pm

I'm one of those who have a reduced net worth. But I'm not complaining!

I've always been very bogleheadish. Been with Vanguard since 1987, lived below my means, saved a bunch, etc. But along with Vanguard funds, I've also owned up to 40 different individual stocks at one point. My AA varied between 80/20 and 95/5, with the lower number being held in Prime MM. I never owned a bond fund until I found this forum and learned about their true value in a portfolio, especially as I near early retirement.

Over the past few years, I've been transitioning to 65/35, which is where I want to be longer term. My annual rate of return in the past averaged 15-16 percent. Last year it was 7%.

But like I said, no complaints. I know my nest egg is much safer and more stable now.
"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace." Samuel Adams

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Re: How much has Bogleheads contributed to your net worth?

Post by cseinv » Sun Feb 22, 2015 7:51 pm

I started investing on my own in 2009 after retiring on disability. My coworker suggested vanguard, and thats how I learned about the boglehead philosphy.
Intially I was just shooting in the dark at some mutual funds that were based on past performance, but this forum has taken my retirement accounts from
97K to over 250K with consistent returns using indexing with some active funds. Although I got in right after the great recession, I did not know anything about
investing on my own, so I just kept reading this forum and learning about Jack Bogle and his philosphy. Now I just laught at all the business news on tv and the internet
about buying and selling. Wish I could have started at younger age, but now I just look forward at my returns and AA being consistent. I will gladly need the money for
my health problems to survive all the doctors/hospitals/drugs and leave some for my family.

I would say over 90% from this forum has contributed to my net worth.

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Re: How much has Bogleheads contributed to your net worth?

Post by investingdad » Sun Feb 22, 2015 8:27 pm

6miths wrote:It is hard to say. I think I was a Boglehead before I knew what a Boglehead was but it is certainly wonderful to have the community.
Same here. I was a practicing Boglehead starting at age 23 or so, back around 1996/97. I even managed to marry one.

Topic Author
texasdiver
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Re: How much has Bogleheads contributed to your net worth?

Post by texasdiver » Sun Feb 22, 2015 8:29 pm

TwoByFour wrote:You don't have an option for negative gain which would be my answer. But that is not a bad thing necessarily. I used to be almost 100% equities. Boglemania finally convinced me that I should put some of that money into fixed income. This has only been in the last 2 years roughly, during which time bond interest has fallen and equities have done great.

Even though our portfolio is not growing as fast as it could have been, I know this is a better approach for us. Probably the most valuable gain for me has been tons more knowledge on the details of retirement asset management (I am retired). Pre-retirement is the easy part, IMO. The harder part is deriving a reliable income in a tax efficient manner off those investments.
The bottom option on the list was for negative gain. I didn't express it in percentages so maybe you missed it. Hopefully the negative gain is only a temporary blip and the advice here will end up helping in the long run.

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Re: How much has Bogleheads contributed to your net worth?

Post by NightFall » Sun Feb 22, 2015 9:23 pm

Hard to quantify. I became a boglehead in late 2013 when I had a spike of unexpectedly high income and found this forum. Prior to that point I had saved but not really invested except for a mandatory retirement account contribution. I had never even contributed to an IRA since my contribution plus employer match was 12% of my salary and I didn't see the point. Since then I have maxed my retirement accounts. I learned what a sep IRA was and opened one (but was upset I didn't know what they were for the 10 years of self employment income prior to that). I learned about taxes more and now do my own. I even bunched property tax payments last year to exceed the standard deduction per livesoft's suggestion. I expect the changes I have made to contribute to my net worth more significantly as time goes by.

abyan
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Re: How much has Bogleheads contributed to your net worth?

Post by abyan » Mon Feb 23, 2015 12:58 am

I just learned about you guys last year. So the best I can quantify is that the last several years dad's evil broker took half my annual IRA contribution in fees over the year, totally $6k a year in fees just from trades. This year, so far, my only fees are going to be about $275 in expense ratios. So my ira contribution will effectively double, thanks to the Bogleheads. And that ain't nothin' :-)

epitomist
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Re: How much has Bogleheads contributed to your net worth?

Post by epitomist » Mon Feb 23, 2015 9:34 am

Threads like this serve to convince me we are at a market top.

In a quick search I wasn't able to find any similar threads around the March of 2009 timeframe.

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Re: How much has Bogleheads contributed to your net worth?

Post by Carefreeap » Mon Feb 23, 2015 1:44 pm

Since I'm a newer poster 0%.

But I've been a regular over at this financial website: http://ymam.proboards.com/board/17/money for nearly 8 years. A few posters there have recommended or referenced the Bogleheads forum. Most of the financially well off over there do subscribe to Bogledom. :D

DH and I were doing pretty well without the website but having a "stay the course" chorus from some older investors kept us from doing something stupid like panicking and selling at the bottom. Of course it helped that I didn't open my 401k statements for about 18 months. :wink: I also had the courage to take on a short sale from my mother's estate which has gone up 50% value since the end of 2008.

Mostly I'm grateful for forums like so that folks like me who came from financial trainwreck families have an alternative to discuss financial matters. 8-)

I look forward to learning from this website too and hope that by sharing some of my experiences I can be of help to others.

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Re: How much has Bogleheads contributed to your net worth?

Post by Sheepdog » Mon Feb 23, 2015 1:45 pm

epitomist wrote:Threads like this serve to convince me we are at a market top.

In a quick search I wasn't able to find any similar threads around the March of 2009 timeframe.
If you had asked this question in March 2009, I would have been even more positive. Yes, I was down at that time, but I shudder thinking of how far I might have gone down without the Bogleheads supporting each other. I was living off of my investments then and I did not panic. Scared? Yes, but this time I held.. I came close at times, like in 1987, but because of our mantra of finding our appropriate age related stock allocation, not chasing the hot stock or sector, and staying the course strongly contributed to my financial health today.
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VictoriaF
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Re: How much has Bogleheads contributed to your net worth?

Post by VictoriaF » Mon Feb 23, 2015 1:49 pm

If Jack Bogle is a Boglehead then over 50%. Without him, we would not have had Vanguard low-cost index funds.

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Re: How much has Bogleheads contributed to your net worth?

Post by Twins Fan » Mon Feb 23, 2015 1:59 pm

I also had trouble putting a number on it. I would liked to have seen a choice of "a lot". :happy

Like others have said, I think I had some natural Boglehead tendencies... found it easy to save, lived below my means, and disliked debt. Although, I did not start early! :oops: After a divorce, paying off debt, and finally getting serious about saving and finances, I luckily found Bogleheads to get me pointed in the right direction. From Bogleheads I have learned about investing, taxes, mortgages, and I'm sure more that I didn't know about or pay attention to before.

Bogleheads has definintely contributed a lot to my net worth growing as much as it has the last couple years, but it has also helped educate me in many things financial.

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Re: How much has Bogleheads contributed to your net worth?

Post by arthurdawg » Mon Feb 23, 2015 2:03 pm

100%?

I read Eric Tysons Investing for Dummies in about 1998-99... found the old Vanguard Diehards on Morningstar. Really didn't get to start investing until about 2001, didn't finish training and get a real job until 2006. Have bounced around a bit index wise as things have grown over the past 13 years requiring shuffling amongst accounts... however, I've never held any investments that weren't index funds. Given where I stand now... unlikely to ever hold anything else unless something changes.
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Re: How much has Bogleheads contributed to your net worth?

Post by timboktoo » Mon Feb 23, 2015 2:04 pm

I wish I knew for sure. I put down more than 50%.

I was brought to the Bogleheads site via a friend from work. He also introduced me to Vanguard. I'm very grateful to the contributors in the forums here and the WIKI is indispensable. I hope that this community continues to flourish for a very long time.

- Tim

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Abe
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Re: How much has Bogleheads contributed to your net worth?

Post by Abe » Mon Feb 23, 2015 2:04 pm

I enjoy reading it and posting occasionally, but I don't think it has had much effect on my net worth.
Last edited by Abe on Tue Feb 24, 2015 10:23 am, edited 1 time in total.
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Re: How much has Bogleheads contributed to your net worth?

Post by Dandy » Mon Feb 23, 2015 2:05 pm

Aggressive saving and living below our means was key to get a nice size nest egg by my late 40's then it was Bogle and especially Wm Bernstein's 4 Pillars of Investing that got me to be investing like a Boglehead. That came at a time of peak earnings so it really made a difference. So, lots of things came together including a pretty favorable investment climate, luck, a Stable Value Fund that paid double digit and high single digit rates for many years, etc

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Re: How much has Bogleheads contributed to your net worth?

Post by VictoriaF » Mon Feb 23, 2015 2:07 pm

...
Last edited by VictoriaF on Mon Feb 23, 2015 2:14 pm, edited 1 time in total.

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Re: How much has Bogleheads contributed to your net worth?

Post by sunnywindy » Mon Feb 23, 2015 2:10 pm

I chose 11%-15%. I think the Boglehead maxim of "own the market" has helped me fill a gap in my previous allocation where I was way too heavy on mega/large caps. I now have an appropriate mix of large/medium/small caps. I also upped my exposure to emerging markets (through VEU/VSS) and while that hasn't really paid off, it should in my 30 year time horizon.
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Re: How much has Bogleheads contributed to your net worth?

Post by LateStarter1975 » Mon Feb 23, 2015 2:17 pm

Like others have said, it's really difficult to quantify. I joined this site about 20 months ao and I have learned a lot from this wonderful community (not just about finances). With regards to net worth, I may hazard a guess and say Bogleheads has contributed anywhere from 10-20% to my net worth
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Re: How much has Bogleheads contributed to your net worth?

Post by GoldenFinch » Mon Feb 23, 2015 2:32 pm

Fallible wrote:
6miths wrote:It is hard to say. I think I was a Boglehead before I knew what a Boglehead was but it is certainly wonderful to have the community.
Agree, word for word. :happy
What Fallible and 6miths said. :sharebeer

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Re: How much has Bogleheads contributed to your net worth?

Post by knpstr » Mon Feb 23, 2015 2:37 pm

I put 0-5%, but like others have said, it's tough to quantify. I was already practicing the basics and I don't follow to a T anyway (no bonds), but perhaps being fairly active on reading the board keeps it all in the front of your mind and thereby keeping oneself more disciplined?

Regardless, I can't talk about this stuff days on end with my wife, so here I am.
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Taylor Larimore
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Re: How much has Bogleheads contributed to your net worth?

Post by Taylor Larimore » Mon Feb 23, 2015 2:44 pm

texasdiver wrote:On the 2-comma thread I got to thinking about how much this forum has helped contribute to my wife's and my net worth. In terms of asset allocation, fee minimization, lifestyle and saving, and tax strategies such as using HSAs. I started reading this forum in 2007. while it is just a guess, I don't think it is an exaggeration to say that 25% of our current net worth can be attributed to this forum. What about the rest of you?
texasdiver:

In 1986 we moved all our investments from Merrill Lynch to Vanguard. It was the best investment decision we ever made.

In March 1998, in appreciation for how Vanguard and Jack Bogle helped us, I posted in Topic #1 on the new Morningstar Vanguard Diehard Forum to help other investors. We now have a financially secure retirement in my home that Jack built.

Thank you, Jack Bogle!

Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: How much has Bogleheads contributed to your net worth?

Post by alpenglow » Mon Feb 23, 2015 2:46 pm

It is tough to quantify, but Bogleheads has increased my net worth tremendously. When I found the site in mid-2011, I was messing around with some market timing and had a net worth of about $600k. Today my net worth is approaching $1million at age ~40 as a school teacher. Bogleheads got me to stop trying to time the market and to understand that expenses matter, how to TLH, and lots of other good stuff. You also clued me in to the Penfed HELs at 1.99% as well as the 3% CDs last year. Oh, and I bonds for my emergency fund. I could go on and on. Thank you Bogleheads (especially Taylor, Nisi, livesoft, and many others)!

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How much has Bogleheads contributed to your net worth?

Post by shawcroft » Mon Feb 23, 2015 2:59 pm

Building off what was HurdyGurdy wrote: "Just taking into account the amount of savings due to low expense rates"........and then adding in the value of diversifying our portfolio and holdings to reflect age and need to take risk, I would guess things are about 35-40% higher. More importantly, we have confidence things are balanced OK and don't pay much attention to "market noise".
Shawcroft

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Tycoon
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Re: How much has Bogleheads contributed to your net worth?

Post by Tycoon » Mon Feb 23, 2015 3:09 pm

I can't say that it's contributed, but it may have helped me keep my net worth from shrinking.
Emotionless, prognostication free investing. Ignoring the noise and economists since 1979. How consistantly wrong do predictions have to be before the faithful learn?

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Leif
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Re: How much has Bogleheads contributed to your net worth?

Post by Leif » Mon Feb 23, 2015 3:12 pm

Hard to say. I was a saver before Bogleheads or DH. Also read Bernstein and Swedroe and used them to model my portfolio. I put 6-10%.

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chuck-b
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Re: How much has Bogleheads contributed to your net worth?

Post by chuck-b » Mon Feb 23, 2015 3:16 pm

I'm going to guess 10%. I have learned much from this forum since 2007 (8 years this week). It's easy to identify investing in I-bonds during the early days (some of my early purchases are still yielding +5%, thanks Mel), the use of tax-loss harvesting, and investing in mid-cap funds (Mel again). I also learned a lot about asset allocation, IRAs and 401k's and much, much more. Thanks to all who contribute to the forum.
Life is what happens to you while you're busy making other plans. (John Lennon)

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Re: How much has Bogleheads contributed to your net worth?

Post by PinotGris » Mon Feb 23, 2015 3:33 pm

TwoByFour wrote:Y.
Probably the most valuable gain for me has been tons more knowledge on the details of retirement asset management (I am retired). Pre-retirement is the easy part, IMO. The harder part is deriving a reliable income in a tax efficient manner off those investments.
Yes. This is precisely what i struggle with too. Have always invested in index funds and in vanguard for our taxable funds. But we did not make good choices in my husband's 401k , holding majorportion in company stocks but eventually towards retirement we converted all stocks into mutual funds. We still have a bunch of those stocks which we hold in taxable account.

The biggest help for me was understanding post retirement tax efficiency and i received a lot of good advice on how to look at the whole portfolio, how to weed out those that don't work well, and get more bond funds into the retirement allocation. It also gave me the vocabulary to explain to my skeptical-about-bonds spouse the logic behind a major reallocation we needed to do.

We still need to do more but i now understand clearly the road map. Thank ypu, bogelhead.
As to the effect on networth, not sure. We were always big savers, made a few mistakes, but no complaints now.

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Re: How much has Bogleheads contributed to your net worth?

Post by DVMResident » Mon Feb 23, 2015 3:34 pm

I don't have number. Savings, LYBM, and looking for low expenses are innate for me.

The most impactful learning from BH are in the areas:
-Taxes, especially thinking in terms of brackets instead of effective rates.
-Backdoor ROTHs. They were available, but not advertised, at both my previous and current employer. The tax drag between taxable and ROTH accounts year after year will the area were BH added the most to my net worth.
-Insights into purchasing homes.
-Not savings too much -- which is my default mode. In this sense, BH is decreasing my net worth! :wink:

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Re: How much has Bogleheads contributed to your net worth?

Post by Tanelorn » Mon Feb 23, 2015 3:35 pm

Pointed me in the right direction, how much that was worth is hard to say.

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Re: How much has Bogleheads contributed to your net worth?

Post by fanmail » Mon Feb 23, 2015 3:41 pm

I don't know a number or %, but it is a net positive numerically and otherwise.

I expect using low ER ETFs and funds has and will have a great long term impact on my net worth. Additionally, having the confidence and knowledge to manage easily my own investments is very empowering. Knowing how to best position my allocation within taxable/tax deferred has been incredibly useful as well.

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Re: How much has Bogleheads contributed to your net worth?

Post by Meg77 » Mon Feb 23, 2015 5:25 pm

I don't think it's changed our net worth much as a percentage, but it's definitely been a positive for our finances in general. For example, I found out about refinancing student loans for MBAs at Sofi or DrBank and lowered spouse's interest rate from 7.25% to 2.15%. How much we actually save will depend on how quickly we pay it off and how much rates rise, but his payment dropped by several hundred dollars a month. I got the encouragement I needed to go at my taxes alone and will save $500-$600 a year on a CPA. Relatively small things but they add up over time!
"An investment in knowledge pays the best interest." - Benjamin Franklin

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