r/Bogleheads Jun 08 '25

Articles & Resources New to /r/Bogleheads? Read this first!

347 Upvotes

Welcome! Please consider exploring these resources to help you get started on your passive investing journey:

  1. Bogleheads wiki
  2. r/Bogleheads resources / featured links (below sub rules)
  3. r/personalfinance wiki
  4. If You Can: How Young People Can Get Rich Slowly (PDF booklet)
  5. Bogleheads University (introductory presentations from past Bogleheads conferences)

Prepare to invest

Before you start investing, ensure you're ready to do so by following the early steps of this guide or the personal finance planning start-up kit. Save up an emergency fund, then take full advantage of any employer matching of contributions to any employer retirement plan available to you (this match amount is additional income that's part of your compensation/benefits package), then pay off any high-interest debt like credit card debt or high-interest student loans.

When you're ready to start investing beyond enough to get any employer match, follow the subsequent steps of this guide or the investing start-up kit. Take full advantage of tax-sheltered accounts available to you before investing in a taxable brokerage account: this is the most predictable way to improve your after-tax investment returns. (In the US, per Prioritizing investments: 401(k))/403(b)) up to any match, then HSA if available due to high-deductible health plan coverage, then Roth or Traditional IRA or 401(k))/403(b)) up to max which may be higher if the mega-backdoor Roth process is available, then a 529 to the extent you'd like to pay for future education expenses. Note that IRA contributions are subject to income limits around tax-deductibility of contributions or eligibility to make direct Roth IRA contributions; the backdoor Roth procedure is a workaround.)

There is often some potential tension between saving/investing toward retirement vs saving toward potential nearer-term goals like a down payment on a home purchase. Carefully consider the various tradeoffs involved in owning vs renting a home, keeping in mind that which may be a better financial decision is highly situational, and that opportunity costs of owning (less available to invest in higher-expected-returns assets instead) should be considered alongside non-financial lifestyle tradeoffs. If saving toward a near-term goal, note that funds holding stocks are inappropriate#Holdingstocks%22for_five_years%22) for money you'll need in 5-10 years, unless you're willing to take on significant risk of losing money in the meantime & delaying that goal. Instead, consider CDs, Treasury bonds, or target-maturity-date Treasury bond funds maturing before you'll need the money (then a high-yielding cash equivalent like an HYSA, government money-market fund, or ultra-short Treasury Bill ETF like VBIL between maturity & spending the money).

Save/invest enough

Your savings rate is the most important factor determining your ability to enjoy a comfortable retirement later in life, particularly early in your career / investing journey. Aim to save/invest at least 15% of your after-tax income if you're in the US & not covered by a pension beyond Social Security. In some cases, such as a shorter time to expected retirement (e.g. starting to seriously save/invest from a significant income later than your mid-20s and/or planning to retire earlier than your mid-60s) and/or a high income (which will not be partially replaced by Social Security to the same degree as a lower income), it may be appropriate to target a higher savings rate (e.g. at least 20% of after-tax income, or perhaps higher if multiple such factors apply to you and/or one factor applies to an unusual degree).

When calculating savings rate, remember to include 401(k) contributions in both the numerator (savings) and denominator (after-tax income). Any employer matching contributions may also be included in the numerator (savings).

Investing is 'solved'

Don't worry too much about trying to find the optimal set of funds to invest in. That can only be known with the benefit of future hindsight, and investment returns are far less important than your savings rate until your portfolio size grows large enough relative to new contributions. Aim to diversify broadly (for robustness to the uncertain future) and seek low fees (fund expense ratios charged annually) & simplicity (hands-off automation); see discussion of these & other principles in Bogleheads investment philosophy.

target-date fund designed for investing toward retiring around a year closest to when you expect to retire is often a reasonable option, particularly in tax-advantaged accounts like a US employer retirement plan or an IRA. These all-in-one funds intended to be held alone are very broadly diversified, automatically rebalance to their then-target asset allocation, and gradually become more conservative with less expected volatility as you near retirement.

If the target-date fund available in an account/plan with limited fund options has significantly higher fees than suitable alternative individual funds, consider the tradeoffs of lower fees vs automatic rebalancing and asset allocation management. I.e. consider the lowest-expense-ratio funds available that provide exposure to US stocks (the fund name will typically contain 'S&P 500', 'Russell [1000|3000]', or 'US Large Cap'; ensure no 'Growth'/'Value' suffix, or pair that with the other), ex-US stocks (the fund name will typically contain 'International' or 'Intl' or 'Ex-US'; same caveat re: 'Growth'/'Value'), and US bonds (the fund name will typically contain 'Total Bond' or 'Aggregate Bond'). Take the weighted average of those funds' expense ratios, with weights based on the current asset allocation of the target-date fund you'd use instead. The difference between that weighted average expense ratio for individual funds vs the target-date fund expense ratio, multiplied by your portfolio value, would represent the current annual convenience fee for automated, hands-off investing via the target-date fund. Whether that's worth it to you depends on your personal preferences around paying higher ongoing fees (by sacrificing some investment returns) in exchange for set-it-and-forget-it features.

In a taxable account, target-date ETFs (available at least in the US) avoid some of the tax efficiency downsides of holding a target-date mutual fund. Tax efficiency may be further improved by holding a three-fund portfolio of index ETFs in a taxable account, but this also involves tradeoffs against automatic rebalancing and asset allocation management. Tax efficiency may be even further improved by keeping bond funds in tax-deferred accounts, though this involves additional tradeoffs against simplicity and some other potential benefits described here.

If you're a non-US investor, take care to thoroughly understand the tax implications of investing in a US-domiciled fund as a "nonresident alien" (which may include high tax rates on dividends and assets passing through an estate); in many cases this is best avoided, instead favoring an Ireland-domiciled fund.

Be mindful of fees

If your portfolio were to average a 5% annualized real (after-inflation) return after a low annual fee, paying an additional annual 1%-of-assets-under-management fee to a financial advisor and/or an actively-managed fund's expense ratio would forgo 20% of your portfolio's investment returns. An initial investment in a portolio averaging a 5% annual real return after a low annual fee would be worth about 47% more after 40 years than it would be after a 1% additional annual fee.

Some employer retirement plans offer only funds with high expense ratios. If that's the case for your employer's plan, it is often still ideal to get the tax advantages of contributing unmatched dollars to that plan before investing in a lower-fee fund in a taxable account (but only after maxing out IRA contributions); details here#Expensive_or_mediocre_choices).

Automate & stay the course

Set up automatic contributions & purchases of fund shares wherever possible, otherwise set periodic reminders to manually contribute/invest (or try to find an alternative that allows automation), then maintain discipline through thick & thin. Keep in mind that market prices for funds should only really matter whenever you sell some shares to fund your retirement, and that lower prices in the meantime provide opportunities to buy more shares with a given contribution dollar amount and to rebalance from asset classes with higher recent returns towards those with lower recent returns (but possibly higher expected returns).

Tune out the noise: prognosticators of doom and gloom have no reliable ability to predict the future, and often have some conflicts of interest (e.g. selling ads, books or investment services, and/or trying to justify their investment positioning or encourage others to adopt that). The same goes for promotion of strategies promising market-beating returns by investing in a more-concentrated fashion (betting on some sector / theme / alternative asset beating the broad stock market).

Consider writing an Investment Policy Statement to document your plan when you're calm & clear-headed; this may be helpful to refer to later if you find yourself anxious & considering changes in response to market volatility & negative sentiment. Consider including a pointer there to this guided meditation video for later reference to help calm your nerves / regulate your emotions if needed when it seems like the sky is falling (this is arguably the most challenging part of investing).

Per Jack Bogle: "Do not let false hope, fear and greed crowd out good investment judgment. If you focus on the long term and stick with your plan, success should be yours."

Additional resources

Some additional resources that might be of interest for a deeper dive later:

  1. Taylor Larimore's Investment Gems (a collection of highlighted quotes from books related to investing; follow the links under the 'Gem post' column)
  2. The Bogle Archive (a collection of Jack Bogle's publications and speeches)
  3. Bogleheads Conference Proceedings (follow per-year 'Conference Proceedings' links to access slides/videos)

Please read our community rules here and follow those when posting or commenting in this community. If you encounter content here that breaks those rules, please report it (... > Report > Breaks r/Bogleheads rules).


r/Bogleheads Dec 28 '25

Why do Bogleheads discourage use of AI search for investing information? Because it is too often wrong or misleading.

342 Upvotes

I see a lot of surprised and angry responses from Redditors whose posts and comments are removed from this sub either for use of LLM search engine and other generative AI responses, or for recommending people use them to answer their questions. This facet of the Substantive Rule on this sub has a parallel in a similar rule on the Boglheads forum: "AI-generated content is not a dependable substitute for first-hand knowledge or reference to authoritative sources. Its use is therefore discouraged."

Many folks, especially on the younger side, are so accustomed to using ChatGPT or Gemini that it may be their default way to get any question answered. This is problematic in the field of investing for several reasons that are worth noting:

  1. LLMs are not firsthand sources with organic knowledge of the subject matter. They are aggregating reference sources and popular opinion and thus prone to both composition mistakes and sourcing material mistakes or biases.
  2. LLMs remain susceptible to "hallucinations" (made-up ideas) and can be not just false, but confidently false which is highly misleading.
  3. LLMs' response quality is very sensitive to the quality of the prompt. Users who are somewhat knowledgeable about a subject and also skilled at crafting good queries for AI searches are far more likely to get accurate and useful results - especially for research purposes or for reference to stored personal data - while the uninformed are more likely to get wrong or misleading answers to basic questions.

Policies excluding AI-generated content are not meant to be a referendum on the overall current or future value of AI as a tool for personal finance and investing, which is obviously enormous and transformative, especially for those who know how to best utilize it. It is a question of whether AI responses make for substantive content on this sub, and whether it is an appropriate resource to direct strangers and novices to. At the moment, the answer to both is a resounding no. On the one hand, people come to Reddit primarily for human interaction and original content, so posting AI responses or directing people to AI search engines is of minimal contributive value - folks can go chat with bots themselves if that's what they want. But as to whether AI search engines are appropriate references for finance and investing info, here are some articles from the past year that support their exclusion as a default response:

  • AI Tools Are Getting Better, but They Still Struggle With Money Advice (Money 2/13/25): "ChatGPT was correct 65% of the time, "incomplete and/or misleading" 29% of the time and wrong 6% of the time."
  • Is Talking to ChatGPT About Finance Ever a Good Idea? (White Coat Investor 6/22/25): "LLM responses had multiple arithmetic mistakes that made them unreliable. More fundamental than arithmetic errors, the LLM responses demonstrated that they do not have the common sense needed to recognize when their answers are obviously wrong."
  • Financial advice from AI comes with risks (University of St. Gallen, 1/7/25): "LLMs consistently suggested portfolios with higher risks than the benchmark index fund. They suggested: [more U.S. stocks; tech and consumer bias; chasing hot stocks; more stock picking and actively managed investments; higher costs.]"

Note: the views expressed here are largely my own, and I am not affiliated in any way with the Bogleheads forum nor the Bogleheads Center for Financial Literacy, but I invite others (including the mods on this sub) to weigh in with their own opinions.


r/Bogleheads 7h ago

Investing Questions Roth457 or 401k roth?

21 Upvotes

I work for the sate of CA. So I have a few options... Currently I am investing into a 457 with a roth option as well. I was thinking about separating the roth portion into a roth 401k. I am pretty sure I am able to do that? Mainly I just wanted to see if that makes sense? Currently in the 457 all money is combined between the pre tax and the roth. I have to dig in to see the individual amounts between the two. I mainly want to just make it easier to see everything by separating them. And lastly is there a huge difference between a roth 457 or roth 401k roth, just to make sure I am not missing out on anything if I where to try to separate everything?


r/Bogleheads 1h ago

Hi! I'm new to this sub and wondering if I'm to late for this approach to really make a difference.

Upvotes

My wife and I are both 56, have approx. $1.65MM combined with half in workplace retierment vehicles, and the other with a paid brokerage with a 1-1.5% AUM fee. I don't like that fee! We would like to retire at 60. Am I too late to the Boglehead way to really gain any useful traction on growing that half of our money? I venture a guess that saving the fee's alone would warrent a soft no to that question. The main reason we chose an active managed brokerage was so that we wouldn't have to worry about manually moving money around trying to capture the highs and soften the lows. But... I just can't get comfortable with the fees at this point of nearly $9500 a year.

Talk to me, comfort me, tell me what to do, give me a hug! = )

Seriously, am I too late to make a meaning full switch to a Boglehead approach?


r/Bogleheads 5h ago

I’m 26 and need financial advice! Thanks

12 Upvotes

I’m 26, make six figures, and currently save about $2,000 a month. Right now, that money is mostly sitting in a bank account earning very little interest, and I’d like to start putting it to work.

I’m not looking for random investment suggestions or to spread my money across a bunch of things without understanding them. I want to make informed, long-term decisions, so I’m looking for topics and investment strategies that are worth researching.

What are some areas you think I should learn about? For example, S&P 500, index funds, ETFs, real estate, retirement accounts, dividend investing, etc. I’d really appreciate any recommendations on what to research and why. Thanks!


r/Bogleheads 1h ago

Investing Questions Tax Question please.

Upvotes

Hi, I have started a new job about a year and a half ago. I was able to opt for the Employee Stock Purchase Plan at the beginning of this year at a 15% discount which I did. In July the stock options paid out.

The stock currently sits in my Fidelity TOD account and it's only a few thousand dollars. I wanted to move it to my Roth IRA account and re-invest in ETFs which out perform my company stock.

If I was to sell those stocks and move that cash to other accounts for reinvesting, what would be the tax hit?

I live in the state on Connecticut if that matters.

Thank you for your time.


r/Bogleheads 4h ago

what website?

10 Upvotes

Hi there! I’m new here. I am currently invested with Ameriprise for retirement. They helped me back when I owned a business and had retirement funds for all of the employees, but I am coming to the conclusion that my relationship with them makes a less sense now.
Due to friend and family dramatics, I’m not going to close that account immediately. However, I am starting to read Bogle’s The Little Book of Common Sense Investing, and I’ve been lurking on this subreddit for months. I have some cash doing nothing in a checking account, more than what I need for an emergency fund. What website do you recommend that I use to invest? Vanguard? Robin hood? One of the many others?


r/Bogleheads 5h ago

Investing Questions Looking for advice: Continue building HYSA for a future home, or invest monthly surplus in index funds?

5 Upvotes

My husband and I are looking for some advice on what to do with our monthly surplus.

We’re in our early 30s with one baby. We max out all of our retirement accounts, and after expenses and retirement contributions we still have about $5,000/month left to save or invest.

We currently have about $100k in a high-yield savings account earning around 3.5%. No debt and paid off vehicles. We live in a very high cost of living area where renting is still significantly cheaper than buying a comparable home.

We go back and forth on whether we should buy eventually. Having a baby makes the idea of owning more appealing for stability, but financially renting still seems to make more sense. We also don’t have a specific timeline for buying.

One other factor is that we expect to eventually inherit family property that we’d ideally like to build a home on, but realistically that may be 10+ years away, so we don’t want to base our current financial decisions on something that isn’t imminent.

Our question is whether we should continue putting our extra $5k/month into the HYSA to build a larger down payment, or start investing that money in a low-cost total market index fund instead.

My concern is that if we keep everything in cash, we’re missing out on years of market growth. On the other hand, if we invest it and decide we want to buy in a few years, we could be forced to sell during a downturn.
How would you approach this? Is there a point where an uncertain home purchase is far enough in the future that investing becomes the better choice? I’d especially love to hear from people in HCOL areas who continued renting or delayed buying while investing instead.

Edit to add: the 100k includes our emergency fund.
We currently pay $3,100 rent, and a house would cost us $700k+ but is complicated by living on the CA/NV border with differences in property taxes and housing costs.


r/Bogleheads 15h ago

Roth 401k vs Traditional 401k for 22yo w/ 100k salary?

36 Upvotes

Hey everyone,

Pretty much the title. I started working post grad and am currently receiving a 100k salary. I am stuck between choosing a traditional 401k or a Roth 401k. I currently have it set up as a Roth 401k as I heard that we are able to take out contributions from it.

Let’s say I already have an emergency fund, I am maxing out my Roth IRA, and cannot invest in HSA yet (on parents insurance still). Would it be better to keep it as a Roth 401k for the potential flexibility and no future tax or save on taxes now with a traditional and potentially invest a larger percentage since I am saving?


r/Bogleheads 4h ago

Portfolio Review Good move or too much overlap?

4 Upvotes

In my Roth I did a lump sum into a TDF to start the account, and now I added about 3 shares of VTI to the account! The TDF already has 50% invested into the US total stock market so was that a weird move?

Which fund should I add next to my ROTH? 😎


r/Bogleheads 6h ago

Transferring Roth IRAs for sign-up match

4 Upvotes

Hi all,

I notice that some brokerages offer to match 3% or so when you transfer IRAs from somewhere else. Is there any reason not to just contribute up to the 7.5k max to a vanguard roth every year (I do it backdoor because I have a $0 Roth contribution limit) and then at the end of each year transfer the 7,500 to another brokerage for the matching? Any downside Im missing?


r/Bogleheads 15h ago

Investing Questions Did I Bogle correctly?

20 Upvotes

Hi there,

A while back, I started getting interested in investing (way too late, at mid-30s). Someone recommended The Litle Book of Common Sense Investing. After finishing, I quickly realized that passive investing is the way to go for a risk-averse person like myself.

I started doing research and made myself an investment plan. I want to follow Bogle's approach as close as possible, though I gave myself some flexibility due to personal circumstances. Most notably:

  • I'm based in Taiwan, so I can't directly invest in the types of index funds that Bogle promotes.
  • I've got varying monthly expenses and a kid, so I'm not able to consistently set aside a fixed amount of money.

Trying to keep true to the principles of time in the market, diversify, and minimizing cost, I came up with the following structure:

Weight Note
20% Auto-compounding, tracks local top 50
20% Auto-compounding, tracks S&P500, diversify outside of Taiwan
20% Dividend ETF, ESG-filtered, low volatility
10% Dividend ETF, sector-focused (green energy)
15% Dividend ETF, semicon-focused (50% TSMC)
15% Corporate bonds, to balance out stock volatility

Some clarification about this setup:

  • For tax purposes, all funds are based in Taiwan, including the one that tracks the S&P500
  • I have 2-3 dividend-generation ETFs to generate income that I reinvest in my two auto-compounding funds. This is to offset the inability to set aside a set amount each month.
  • I may re-evaluate (or cut out entirely) those ETFs in the future if I have more money available to dedicate to investing

Overall, how effective would this approach be according to Boglenomics?


r/Bogleheads 7h ago

Investing Questions 38, $1.3M NW — rebalance international now inside 401k, or just shift contributions?

4 Upvotes

Been tracking net worth since 2019:

$270K → $1.3M.

Set-and-forget index investor. Held through March 2020 (-17% quarter) and the 2022 drawdown without selling anything.

Cash went from 41% of NW in 2019 to 5% today as I deployed it into markets.

Current allocation (INCLUDING rental equity, EXCLUDING PRIMARY home and things)

Current Asset Allocation

Stock — 83%
Real estate — 11%
Cash — 5%
Crypto — 0%

Estimated US vs. international split

US stock — ~$992,000 (89-90%)
International stock — ~$87,000 (8-9%)
International is roughly 8-9% of stock
Bonds are another 1-2%

Accounts

Retirement (401k/IRA) — $757K
Taxable brokerage — $290K
HYSA — $68K
HSA — $20k

Current Contributions and Savings, ~$47K/yr (~20%)

Two Roth IRAs, maxed
Spouse’s 401k at 10%
Solo 401k — small right now, big unused capacity
HSA, maxed
Plus $500/mo extra principal on a 6% mortgage
8k annually in 529s (not included in any of my NW)

My Situation

Almost 39, two kids in daycare — expensive years
Targeting the ability to retire around 59-60
No bonds by choice — real estate and a healthy HYSA as ballast

The Question

I’m heavily overweight US. Counting the rental (which is also US exposure), I’m \~90% US across stocks and real estate, with 8% international. Global market cap is roughly 60/40 US/international.

I want to get to at least 80/20 on the stock side, possibly closer to market weight. Two paths:

*Option 1 —* Rebalance now inside retirement accounts. No tax event, a few clicks in a 401k. Gets me to \~79/19 immediately.

*Option 2 —* Shift new contributions instead. Feels safer, but $47K/yr against $1.05M invested barely moves the needle. Contributing at 90/10 changes nothing since that’s roughly where I already am. Real progress would mean going near-100% international in all new money, which feels rash.

Where I’m stuck: I’m a set-and-forget person and selling feels wrong even when the math says it’s free. But contributions alone won’t get me there in any reasonable timeframe.

Additional Questions

  1. Am I overthinking the selling part when it’s tax-free inside a 401k?
  2. For those who moved toward market-cap weight — all at once, or leg in over 6-12 months?
  3. Does the rental equity change how you’d think about the international target, given it’s more US exposure?
  4. Is 20% international enough, or should I be targeting 30-40%?
  5. Bonds… should I look at these given other assets (REI and cash).

One constraint: \~25% of my US stock is VGT sitting entirely in taxable with large embedded gains from 2020-2022. Selling triggers 20-30% on the gain, so it stays put regardless. Any rebalancing has to happen in the retirement accounts

.


r/Bogleheads 1d ago

Articles & Resources Treasury Flags Concerns Over ‘Potentially Abusive’ Tax Trades (BOXX)

73 Upvotes

r/Bogleheads 9h ago

Allocating funds among Roth/Trad/Brokerage in low-income years

3 Upvotes

I think I'm probably what the kids call "Coast FIRE" - I have substantial savings for retirement from previous higher-paying work and a reasonably non-stressful job that pays my expenses. I'm in my late 40s. My paycheck income is around $70k/year pretax but a bit lower this year because I took some time off in between old career and new job. I file single and itemize my deductions but it's only a little bit over the standard deduction most years.

Over the past several years I've mostly been maxing out my work SIMPLE IRA and contributing to a brokerage account (high income + existing traditional IRA = no Trad/Roth contributions). My current breakdown by account type is approximately this:

48% Tax deferred (SIMPLE/Traditional IRA/a little bit of 403(b))
45% Taxable brokerage (almost all LT and held at a gain)
7% Roth IRA

I'm not sure whether it's worth it to try and shenanigan-ize more money out of taxable and/or into the Roth, especially given that I'm only 10-15 years away from being able to access all of it without penalty. I'm not really planning to actively save much more for retirement (which feels VERY WEIRD), and I'm planning to work at least a little bit (certainly enough to be able to contribute to IRAs) until at least age 65. I'm wondering if it makes sense to move things around some. Stuff like:

  • use the dividends from the brokerage account to fund Roth IRA contributions (seems like a no-brainer)
  • contribute to my employer's 401(k) to lower my taxable income and sell some of the brokerage investments at 0% LTCG to live off of? (this feels complicated, also I'll pay state taxes on LTCG)
  • Roth conversion? But maybe wait for even lower-income years?

Any thoughts?

(Just saw this post from a few days ago and realize it asks some similar questions! https://www.reddit.com/r/Bogleheads/comments/1ux1il6/strategy_during_periods_of_being_in_low_tax/)


r/Bogleheads 10h ago

I have a question about portfolio insurance.

0 Upvotes

My brother-in-law keeps telling me that his financial advisor has some kind of insurance that guarantees he sees at least a 6% return no matter what the market does. He feels like his portfolio is bulletproof because of this. I tried telling him that there is no such thing as bulletproof in the investing world. I asked him for info on the insurance he claims to have. He always says he will find out what it is, then he never follows through. Is there actually something like this out there?


r/Bogleheads 7m ago

Help

Upvotes

27 years old and trying to get to a million by 32. I have a net worth of about 148,000. Can someone give me guidance?


r/Bogleheads 1d ago

A recent paper: Passive Flows, Active Woes: Passive Investing and the Decline of Active Mutual Fund Alpha

30 Upvotes

As stock pickers face greater challenges, passive investors (including us Bogleheads) will be exposed to more risk as asset prices become less efficient.

I'm not sure what Jack Bogle would say about this. Perhaps that the lesson is not to abandon indexing, but to understand it more clearly: as more capital moves into passive funds, the market’s own plumbing can create a drag on the most distinctive active portfolios, making it harder to separate skill from structural headwinds. The answer, as ever, would still be low costs, broad diversification, and a long-term discipline—but with a sharper warning that rising passive dominance can change the game for active managers, so investors should judge them with that in mind.

A more radical move might be to allocate a small percentage of the portfolio to active funds, if and when active managers finally outperform indexes.

Full paper can be found here.


r/Bogleheads 1d ago

I think checking my portfolio is actively making me a worse investor

154 Upvotes

The more often I check my portfolio, the more tempted I am to change something.

Market goes up- Should I invest more?
Market goes down- Should I do something?
Someone posts a huge gain- Am I doing this wrong?

Meanwhile, my actual plan is still the same.

I’m starting to think the best thing I can do for my portfolio is simply check it less.

Not because I don't care about my money.

Probably because I care about it enough to overthink every small movement.

How often do yall actually check your portfolio?


r/Bogleheads 1d ago

Articles & Resources New Patrick Boyle video is a Boglehead advertisement

78 Upvotes

Patrick Boyle has an awesome YouTube channel and his latest video is practically an advertisement for being a Boglehead. He looks at the situation in South Korea where it is simultaneously the best performing market in the world and at the same time retail investors are getting wiped out. The reason? Instead of just buying an index and letting it grow, the "Ants" (think Wall Street Bets Apes) are addicted to leverage and trying to time the market.

The most important part starts at the 23:41 mark. He describes an experiment where students were given $25 to bet on a coin flipping game where they were told the coin would come up heads 60% of the time. Lots of math but there should be no way to lose in that situation yet 28% lost all their money and only 20% hit the maximum.

He talks about the lesson about leverage - "Leverage doesnt improve the thing you own...all it does is shorten the time you are allowed to be wrong."

We are all going to get something wrong in our investing. It is absolutely inevitable. What Bogle does is reduce the number of things that you can get wrong to the bare minimum - time and volume. Putting more in earlier is ALWAYS going to be something you wished you had done. Bogle cant eliminate that because time travel isnt possible. But it can eliminate things like "I wish I had not (bought/sold) (stock/asset) (day/time)." Buy the market, get market returns. Over a long enough time frame, you will come out ahead. Get cute and gamble and the house will always win.


r/Bogleheads 1d ago

SpaceX - dumb question

78 Upvotes

Hi, longtime Bogleheader. So did the indexes end up having to buy SpaceX at the higher post IPO price? Or did it come back to earth (see what I did there) before they (we all) bought?


r/Bogleheads 1d ago

What should I do with my money?

7 Upvotes

So I just turned 25 a few days ago and I need some advice and ideas on what to do with my money. Here is what I have so far.

CD —> 64k —> APY 4.10% —> Maturity 1.7 yrs
CD —> 45k —> APY 4.00% —> Maturity 9 mos
401k —> 18.2k
ROTH IRA —> 7.6k
SAVINGS —> about 10k

As you can see I have a ton of money in my CD’s. This is because I didn’t know much about investing when I was younger so my dad advised me to start with those years ago since they’re safe and simple. I’ve been thinking about opening a brokerage but I feel like maxing out my 401k should be my priority. What do you guys think? I currently have 12% contributions and I want to bump that up to 70% and I already maxed my Roth IRA for the year. Fortunately, I have the luxury to live at home for all this time so I can afford to minimize my take home pay without stress. Any advice much appreciated


r/Bogleheads 22h ago

Best ways to invest/save to save for a home (as a teacher in a high COL area)

3 Upvotes

So im a teacher in NYC, who is fortunate to have access to a plethora of tax advantage retirement accounts (one of the best 403b's in the country, a 457 plan, pension, and I pay into SS). I just want to know what is the best way to juggle all of them and still save to possibly own a house/condo. Should I limit contributions to accounts and put them in personal stock funds that I can use for a down payment, as tbh a lot of places here want an all cash offer if its like under a million.


r/Bogleheads 22h ago

Investing Questions ADP Roth 401k

2 Upvotes

Fund selection recommendations for 40 yo?

State Street Cash Series U.S. Government Fund - Class L
PIMCO Low Duration Fund - Class R
State Street U.S. Inflation Protected Bond Index Non-Lending Series Fund - Class
PIMCO Total Return Fund - Class R
Invesco Global Strategic Income Fund - Class R
PGIM High Yield Fund - Class R
BlackRock Global Allocation Fund, Inc. - Class R
T. Rowe Price Retirement Balanced Fund - Class R
T. Rowe Price Retirement 2010 Fund - Class R
T. Rowe Price Retirement 2015 Fund - Class R
T. Rowe Price Retirement 2020 Fund - Class R
T. Rowe Price Retirement 2025 Fund - Class R
T. Rowe Price Retirement 2030 Fund - Class R
T. Rowe Price Retirement 2035 Fund - Class R
T. Rowe Price Retirement 2040 Fund - Class R
T. Rowe Price Retirement 2045 Fund - Class R
T. Rowe Price Retirement 2050 Fund - Class R
T. Rowe Price Retirement 2055 Fund - Class R
Calamos Growth and Income Fund - Class A
MFS Value Fund - Class R2
Fidelity Advisor Leveraged Company Stock Fund - Class M
Invesco Rising Dividends Fund - Class R
State Street S&P 500 Index Securities Lending Series Fund - Class IX
Victory Diversified Stock Fund - Class R
Calamos Growth Fund - Class A
T. Rowe Price Growth Stock Fund - Class R
Janus Henderson Enterprise Fund - Class R
Victory Sycamore Small Company Opportunity Fund - Class R
Janus Henderson Overseas Fund - Class R
State Street International Index Securities Lending Series Fund - Class VIII
Thornburg International Equity Fund - Class R3
Invesco International Growth Fund - Class R
Invesco Developing Markets Fund - Class R


r/Bogleheads 1d ago

Investing Questions Target date funds vs. 3-part portfolio

3 Upvotes

Hi, I'm just getting my head wrapped around the Bogle approach and learned a lot so far. Currently have a Fidelity Roth IRA.

What long-term differences am I going to see between going all-in with FRBVX (56% FCFMX, 38% FSGEX, 6% bonds) and going my own route of, say, 55% s&p index, 35% ex-us index, 10% bonds?

Expense ratio for FRBVX is .12%. FXAIX (tracks s&p) is .012% and FSGGX (tracks ex-us global) is .055%. So those are lower costs obviously.

So besides cost, is control the only advantage of going with the 3 individual funds instead of a 2070 TDF like FRBVX? Is there a greater danger of FRBVX going off the rails? I did notice higher turnover rates for the target date funds (9-12%) vs the indexes (2-3%).

Thanks!