r/Bogleheads • • Jun 08 '25

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

343 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.

A 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.

343 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 • • 2h ago

Activating ACATS transfer lock is probably a good idea

63 Upvotes

I have read about how hackers could steal money from your brokerage account using ACATS transfer. Recently I created a new Fidelity brokerage account and transferred one of my Vanguard accounts to Fidelity. It was so easy. Too easy. I can see how ACATS theft can happen.

I created the Fidelity account completely online. They asked for the usual information: name, address, citizenship, birthday, SSN, email, and phone. All of them have been leaked dozens of times over the years. Fidelity did not ask me to upload any ID documents, such as driver's license or passport.

I have security freezes on all the credit bureaus and banking data brokers (Equifax, Experion, TransUnion, Innovis, ChexSystems, LexisNexus). They did nothing. Fidelity created my account without triggering any warnings.

Fidelity did not ask me to verify my email address. Usually companies send an email that says something like, "please click here to verify your email address". Fidelity sent nothing. I could have mistyped my email address, or a hacker could have use their own email address.

Fidelity did not verify my phone number. They just sent an SMS txt that said something like, "Your phone number has been added to your account. Call 800-xxx-xxxx if you did not do this." A hacker could have just used their own phone number.

Initiating an ACATS transfer from Vanguard to Fidelity was straightforward. I just provided Fidelity with my Vanguard account number. This might be hardest part for a hacker, obtaining the exact account number of the Vanguard account.

On the Vanguard side, I had already blocked ACATS transfers on all accounts. I logged into their website and temporarily disabled the lock on that one account. That took effect within a few minutes.

When I initiated the ACATS transfer, Vanguard emailed me a notification about that transfer within a few hours. Which is good. However, the account transfer from Vanguard to Fidelity completed in 2 days. If I had been traveling or busy, I could have missed that email notification from Vanguard.

With the funds now at Fidelity, I think a hacker could just wire those funds and run away.

My conclusion is that it is probably a good idea to enable ACATS locking on all brokerage accounts. At Vanguard it's called "Outgoing transfer lock". At Fidelity it is called "Money Transfer Lock". It's not clear if Schwab offers that feature. I will have to call them.


r/Bogleheads • • 1h ago

Treasury Direct forced login change: What happens if you don't create an ID.me account with them by 10/27? Helping mom.

• Upvotes

Not going to have time to help my mom with this for a couple of weeks. Soooo annoyed at this switch and it's going to take a lot to convince her to do this with access to her camera and submitting photo/ssn. What happens after 10/27? Will she lose access to her bonds?


r/Bogleheads • • 1h ago

Investing Questions Should I redeem my older I Bonds to lock in the new November 2026 fixed rate?

• Upvotes

I have $15,300 in Series I savings bonds currently worth about $17,613, and I'm trying to decide whether it makes sense to redeem my older bonds and buy new ones.

Here's my current Treasury portfolio

-> Dec. 2023: $3,000 original amount, currently worth $3,348 (displayed rate: 4.66%)
-> Dec. 2023: $7,000 original amount, currently worth $7,812 (displayed rate: 4.66%)
-> Apr. 2022: $200 original amount, currently worth $243.36 (displayed rate: 3.34%)
-> Apr. 2022: $4,800 original amount, currently worth $5,840.64 (displayed rate: 3.34%)
-> Dec. 2021: $300 original amount, currently worth $368.88 (displayed rate: 3.34%)

I'm considering redeeming just the three bonds currently displaying 3.34%, worth approximately $6,453 combined, and using the proceeds to purchase new I Bonds.

The current rate for new I Bonds is 4.26%, including a 0.90% fixed rate. The November 1, 2026, rate announcement is approaching, and I've seen estimates that the new fixed rate could be higher.

My questions:
Would it make sense to replace the older bonds if the November fixed rate is significantly higher than 0.90%?

How should I account for the three-month interest penalty on bonds held for less than five years?

Would it be better to wait until the bonds reach five years old, particularly the December 2021 bond, or is locking in a higher fixed rate now potentially worth the penalty?

Are there any tax or other considerations I'm overlooking?

I'm primarily interested in holding I Bonds for the long term, rather than trading them frequently. I'd appreciate any thoughts on how to evaluate the trade-off.
Thanks!


r/Bogleheads • • 7h ago

New Roth IRA 29yo

6 Upvotes

I am a 29 year-old. I just opened a Roth IRA with Robinhood. I inserted $100 and put it into VOO to test it out. I’ve been recently reading about Bogleheads and want an automated strategy. As time goes by I want to be more comfortable adding money in automatically via Robinhood. But the question is what funds should I buy. I have heard the options of total index funds but from what I’m gathering, VOO is only the US. What are the other options people would recommend if I want a70(US)-20-10(bonds) split at this time. I plan to retire at 60. But may very well open a large business which may make it more of a transition vs an overall retirement 19 years in the future. I am definitely going to need additional investments such as a 401k after to set up my retirement properly.

In the future I may switch to fidelity roth but the 3% match on deposits looks to good to pass on with the credit card on the table.

If there are any holes in my plan or misunderstanding please let me know.


r/Bogleheads • • 1d ago

Have you met him?

122 Upvotes

Just curious if anyone in this sub has actually met Jack Bogle. I worked at Vanguard for 24 years and talked to him in the lunch line for about a minute. That was it. One minute.

Anyone else? What did you think?


r/Bogleheads • • 15h ago

Financial planner?

15 Upvotes

This is a throwaway. Sorry if this post comes off as bragging, but I’m honestly looking for advice from the community that first set me on the path to investing.

I am a high earner and have followed boglehead principles for almost a decade. I am self-directed into VTI+VXUS across my funds (except my wife’s 401k which is in a TDF). It’s worked well for us; we have about $2M invested, $1.8M of which is in pretax retirement funds.

I recently was promoted at work, and my total comp will likely double to more than $1M per year depending a bit on performance — and keep going up. That’s obviously an enormous privilege and a huge stroke of luck. I will likely multiply my net worth in the span of just a few years.

Two sr execs at my work — who have nothing to gain or lose from how I manage my money — independently recommended getting a financial planner. One said he didn’t think he needed one when he was in my situation about a decade ago and wishes he’d gotten one sooner. I was surprised to hear that. I have always assumed that a financial planner is unnecessary for someone who is relatively money savvy. But these are very sophisticated folks with a LOT of money to invest and who are familiar with financial markets.

Have I just graduated to a level where a financial planner makes sense, notwithstanding my boglehead principles? What does a financial planner do for someone who doesn’t need help choosing which funds to invest in?

In case it matters, my income is on a K-1, my spouse’s income is W-2, and we have kids and own two properties.


r/Bogleheads • • 1h ago

Portfolio check

• Upvotes

Hi all, just want to get some feedback on my portfolio based on some of the research I've done here to make sure I'm leaning in the right direction.

As a short background, I'm 33M and don't make a ton but I invest what I can in:

Company 401(k):
75% VLCAX
25% FSGGX

Roth IRA:
75% FZROX
25% FZILX

Individual Brokerage:
70% VTI
30% VXUS
(No idea why I decided to go with 70/30 here instead of 75/25)

Don't plan on retiring soon (I'd love to FIRE but completely unfeasible at this point) so just looking for some feedback!


r/Bogleheads • • 22h ago

Taxes on dividends

37 Upvotes

I was hoping someone could explain how taxes on dividends work in a taxable brokerage. If I understand correctly; if I have $1000 position that pays $1 dividend every quarter the. I would owe taxes on those $4. But the dividend amount is treated as realized gains? Even if I never sold my position? Even if with DRIP enabled into the very same position?


r/Bogleheads • • 11h ago

Update: Direct Indexing Exit — Down to 10 Stocks

4 Upvotes

Following up on my original post: https://www.reddit.com/r/Bogleheads/s/fP3VnSVhEp

After reviewing the tax implications, I decided against full liquidation. Roughly 75 individual stocks transferred into my taxable brokerage, many with significant gains.

My current plan:
-Use software to identify and then harvest available losses.
-Sell appreciated positions to offset those losses, along with losses harvested earlier this year.
-Aim for zero net realized capital gains, leaving roughly 10 highly appreciated stocks.

For those remaining, I’m considering 5% trailing stops, donating appreciated shares to our donor-advised fund, or holding 3–4 positions longer-term.

I’m sharing this for anyone facing a similar situation. One commenter called this a valuable lesson in direct indexing, and I agree. Rather than regret it, I’m treating it as a learning experience as I transition to Boglehead investing mid-career.

It’s a worthwhile transition, and I’m grateful for this community’s advice and support.

How would you handle the final 10 stocks?


r/Bogleheads • • 17h ago

Inherited real estate

9 Upvotes

Okay y'all already post some questions about this in a real estate forum and got some mixed answers. Here's my situation.

I've just inherited a home on the Gulf Coast four blocks from the water that was "purchased" by my father in a rent to own situation back in 2010 for $125,000. 25 Grand down 100,000 financed at 8% with mortgage payments at 733 a month. My father paid this minimum payment from the time he bought the home in 2010 so the time he passed.

The principal (which the seller has added things like legal fees and taxes due that my father hasn't paid) sits it around 83,000.

The home is somewhat dated interior needs some work and the home needs a new roof. I haven't priced insurance but being that it's on the Gulf Coast I expect it to be somewhat high.

I spoken to the owner who said if I wanted we could write up a contract in which I sell the home using my realtor under his name he pockets the principal amount and I get everything above it. Is this a bad move?

I'm hesitant to enter into this contract with him at 8% perhaps we could work something else out. My father has started getting into the principal amount as per the amortization chart. I work a job that keeps me away from home for 6 months at a time when I'm off I have 6 months free I've always planned on using that time to travel the world out of a backpack (very experienced doing this) living very very frugally and maxing out liquid investments. I'm seeing the house as a burden on my lifestyle and my finances.

Yes I could start to rent it out now but it seems like I'll just barely break even, granted the mortgage payments will be being paid. Similar homes in the area right now seem to be selling for around $130 $180,000 most of them looking to be in better condition.

What do y'all recommend? Do I sell now and walk away with something? Do I hunker down try to get some renters in here and pay off the mortgage that way? Do I take the income that I was going to use for my job to invest liquid and instead dump it into this home to pay it off quickly? I worry about nightmare renters I worry about being a landlord in general. I worry about a hurricane coming by and making a mess of the house (it survived Katrina with no flooding though coming somewhat close from what I understand. Any thoughts or advice would be greatly appreciated.


r/Bogleheads • • 15h ago

Roll over 401k to current employer or personal IRA?

7 Upvotes

My old 401k from a previous company just started charging me with a $17.95 record-keeping fee. So I think it’s time for me to either roll over to the 401K with my current company.

Both are with fidelity.

I believe I used the mega backdoor at my old job as well as my current job. so the account has a mix of pre-tax and Roth money. I also do a regular backdoor Roth IRA every year — this year haven’t done it yet. As per my understanding, I need to keep my personal Traditional IRA balance at $0 to avoid getting hit by the pro-rata rule. Not that certain about this.

I think there are 3 options here in general:
1. Roll over everything from my previous company to a current company 401k
2. Roll over everything to my personal IRA and personal Roth IRA
3. Roll over pretax to current employer 401k and post tax to my personal Roth IRA

What would be the best option here? Not really familiar much with roll over. Any advice, appreciated.

Thanks


r/Bogleheads • • 19h ago

Folks who have done "AOA (ETF) and chill" for their taxable accounts- any regrets? How has your experience doing it been like so far?

5 Upvotes

iShares Core 80/20 Aggressive Allocation ETF

AOA


r/Bogleheads • • 12h ago

Advice on investment portfolio

1 Upvotes

Hey all,

Hoping to get some advice from people who've been through something similar. Quick background - I'm a non-US citizen living in a country with no capital gains tax, I have some savings and employer stock that I am considering to diversify out of. I am planning to withdraw at a 4% on a yearly basis for the next 2 years as I am not working at the moment due to health problems.

If you were/are in a similar situation what worked for you. Based on research I did, I understand the minimum recommended percent to invest is at 60% in order to be able to sustain capital long term.

A few things I am looking for:

  • Anyone following a basic boglehead-type setup (Irish domiciled equities + some short duration bonds) that's worked well for them long term.
  • What platforms do people actually use/like for buying UCITS ETFs as a non-US investor? (Interactive Brokers keeps coming up) why is it better than using the bank investment platforms if/when the fees are the same?
  • Open to getting some advisor help just for the implementation piece if it's actually worth paying for vs doing it solo - anyone used someone for just that and felt it was worth it?

Appreciate any thoughts, specially from someone in a similar situation.


r/Bogleheads • • 1d ago

How to rebalance

30 Upvotes

I have a new account I'd like to rebalance. Taxable with recently reset cost basis. Plan is to draw down fairly aggressively as part of retirement income beginning next year (and staying under ACA limits). It currently looks like this: VIGAX 20% VSMAX 6% VTIAX 8% VTSAX 44% VVIAX 10% VWALX 12%

Any suggestions for rebalancing would be appreciated. I do know I can exchange some of these for the complementary ETF without triggering any taxable event (vti, vxus, etc). I definitely want to lower the risk in this account as well.


r/Bogleheads • • 17h ago

New to Investing, New to high earnings, looking for advice and realistic targets.

1 Upvotes

I’ve started my investment portfolio this year at what feels like too late of an age of 35.

For context, I’ve made under 100k a year for 12 years living in a very expensive place and found myself in some pretty serious credit debt (I have paid off finally, thank god).This year my career had a break and I’m on track to earn 350k or so, and I feel absolutely consumed by pressure to do the right thing as I’ve been financially illiterate for my entire adult life.

So far I’ve deployed about 15k into a mixture of VOO, VXUS, and QQM as well as individual stocks in Google, Amazon, Intel, and Nvidia.

I guess my question would be what a realistic investment per month at this level of earnings looks like? I’m interested in starting an IRA but I’ve also been told I would have to do something slightly different for earning over a certain amount. A friend told me I have to do a “backdoor IRA” and it’s has some sort of different tax implications. Im still very unsure how that all works.

I’ve been tempted at times to deploy larger chunks but often get cool feet and ignore the money all together as it feels a bit frightening. Is it typically better to buy smaller amounts every week or month, or is a bigger chunk every quarter or so also normal? My plan as of now was going to be focusing on expanding all of my positions but I’ve also wondered if I’m spread out into too many things, or too much of one part of the market.

For further context this is all pre tax and I’m a freelance worker so my tax situation will be a creative one. I do have a meeting with a new accountant on the books, and I know there will be good advice there but I was also recommended to this sub for solid advice. Any direction or advice for a new investor would be brilliant.

Now I’m off to learn about Mr. Bogle. Thanks in advance.


r/Bogleheads • • 22h ago

457 options…Voya or Empower

5 Upvotes

Hi! I am wondering if someone can help give me insight on asset allocation for my 457b. My employer already has a pension through CalPers, but I do want to save extra through the 457b. We get to choose between Voya or Empower, and can only have one account.

The options are here below…currently I have the Voya one set at State Street Russell All Cap Index (70%) and State Street Global Equity ex US index (30%), but I am wondering if there could be better options? Im especially debating between the TDF funds. I also didn’t choose Empower the first time around because the fees were higher.

Also, for context, I am 23 years old! Thank you, and I appreciate your input!

https://imgur.com/a/kK32rJD

*the first two images are Voya, and the last one is Empower!


r/Bogleheads • • 1d ago

Investing Questions Are bond funds the better option as a set-and-forget it for retired people?

37 Upvotes

I'm helping family, who just retired recently, with some of their retirement money. They already have a decent amount of liquid cash that they'll use for the next 3-5 years, or however long it lasts. I'm helping with another reserve and was planning on guiding them to do a 50/50 split between an S&P 500 index fund and some bond fund. None of us want to actively manage it and just want to leave the investments alone until it needs to be withdrawn.

With all that said, are bond funds the ideal choice here? I've been reading up on bond ladders and individual bonds, but it seems like those require more active management. If we need to pull some money, would it be ideal to have a small amount in a money market fund as well?


r/Bogleheads • • 1d ago

Investing Questions VOOG or VOO

0 Upvotes

As someone about to enter 30 who’s just getting started in this journey. I have been consulting from the medias into saving some grands in gold for a good defense position, and now some stocks for a growing position. Been bothering myself too much at spending too much times looking at different company’s for minor changes, picking up entry points for any low amount of money that doesnt makes much different until i realize it’s not my style at all, i’d prefer just a regular dca plan and then turn off my phone, back to doing my stuffs - That’s when i found out abt this community and currently want to hear you opinions about VOOG or VOO as the only one to stop digging any further into this game.
Any thoughts appreciated 🫶


r/Bogleheads • • 1d ago

Investing Questions investing competition

11 Upvotes

So basically, my high school is doing a competition through Wharton. The competition is you get 450k to invest for an alum for her writing agency. She needs $500k and would like the money left over to fund the building. Now Wharton does not care as much about making the money as about what your plan was to buy/sell the stocks you picked and why you made those decisions. Right now this is my summary of my idea: I think we should get steady growth over high risk because we are in a shorter amount of time frame and cannot risk losing too much money on individual stocks. If we buy ETFs, we will spread out the risk and diversify the portfolio across different sectors. This will help us maintain our value while also giving us a safe growth rate while still generating good returns. SGOV should be the other 50% because it gives us a safe cushion for maintaining our money. SGOV would also be great if we want to exchange the money in here into other stocks in the feature

2.  For my 2 stock picks, I think we should put 40% of our money into the VOO ETF because it gives us broad exposure to the U.S. markets. 10% in VEA because that will give us international exposure, which studies and research show reduces your overall risk.

Now, technically, this is my submission, but I am still allowed to trade stocks later on after the first submission.(Also, this is team-based, and my team is voting on everyone's ideas to see which to submit) ANY ADVICE WOULD HELP!!!


r/Bogleheads • • 1d ago

Portfolio Review (factor investing strategy)

0 Upvotes

Im from Switzerland and 21 Years of age. I don't need the invested money for the next 30 years, so im open to every investing strategy. In this post I want to focus on the stocks (ETF's) I invest:

My factor portfolio (Swiss investor, 30-year horizon, 100% equities)

Weight Building block ETF ISIN
40% World market core SPDR MSCI World IE00BFY0GT14
20% Emerging markets Xtrackers MSCI Emerging Markets 1C IE00BTJRMP35
10% Value iShares Edge MSCI World Value Factor IE00BP3QZB59
10% Quality iShares Edge MSCI World Quality Factor IE00BP3QZ601
10% Momentum iShares Edge MSCI World Momentum Factor IE00BP3QZ825
10% Small Cap Value Avantis Global Small Cap Value (AVWS) IE0003R87OG3

The 40% World is the neutral anchor — no house recipe, no bets, just the market. The 20% EM is half market completion (EM is ~10% of global market cap) and half a deliberate, declared overweight — a conviction bet, not a factor premium, and I know the difference. 

What I’d really appreciate input on is two things. First, does the overall factor approach make sense — the 60/40 split between a neutral core and four equal-weighted tilts? Second, are these the right products? There’s a confusing number of options out there, including single ETFs that bundle all the factors into one package, and I’m not sure whether I’m better off with separate building blocks like this or with an integrated multifactor fund. If anyone with actual expertise has a short comment, that would be hugely helpful.


r/Bogleheads • • 1d ago

How many use a Sankey chart for budgeting?

7 Upvotes

I really like Sankey charts. They are really effective at showing flows in numbers, like income and spending.

I created one for me, and it's pretty dismal. I think we spend too much and don't make enough like everyone. But it does show that we save heavily toward retirement and pay a lot in taxes each year. Happy about retirement, not so happy about taxes.

We do have a little left over that goes into long term Boglehead-style investments, which is nice. Wish we had more though.

Curious of others use Sankey charts for money management?


r/Bogleheads • • 1d ago

Finding advice on TIPS ladder

0 Upvotes

I'm 62 with $2 million in cash/retirement accounts and no liabilities. I expect an inheritance of nearly $300,000 next year. I will collect $3,800/month in Social Security starting at 70 and $475/month in pension at 65. If I put everything into a TIPS ladder, AI says my net, inflation adjusted income would exceed $10,000/month through age 95 (I do not want to leave an estate). I never grossed more than $60,000/yr when I was working. If AI is even close to right, I want to do this. How can I find someone to confirm AI is right and, if so, structure a ladder that is funded from the proper pots of money (an inherited Roth, a 401(k), a Roth, a traditional IRA and an I bond are in play) to minimize IRMAA/RMD, if those would even be issues with an all-in (or close to it) ladder strategy? Also structure to provide more on the front end and less when I'm pushing 90, if I make it that far. I've talked to J.P. Morgan because the consult was free, but I don't think I need to pay anyone a percentage of earnings with a strategy like this. Thanks for all help/suggestions.


r/Bogleheads • • 1d ago

Please audit my traditional --> roth conversion thought process

0 Upvotes

I need to decide whether it is worth it (pay the tax bill) to convert my Traditional IRAs to a Roth IRA. My current view is yes. Please audit that view:

I have two traditional IRAs.

  • Trad IRA "A" with $16,000. All funds in "A" are from nondeductible contributions ($14.5k) + investment gains.
  • Trad IRA "B" with $9,500. This is a rollover from a prior employer's 401(k) plan. All funds in "B" are from pre-tax contributions + investment gains.

I do not qualify for a Roth IRA, and my working assumption is that I will never qualify for direct Roth contributions. It seems, therefore, that my option is to open up the backdoor Roth strategy now/pay the tax bill or only ever make nondeductible Traditional IRA contributions.

I'm estimating a tax bill of about $3,700 on the conversion (tax on investment gains in "A" + full tax applied to "B"). The pro rata rule applies here.

I'm unsure whether I could use the 401(k) rollover strategy to escape the pro rata rule. I do not know if my plan provider offers this. It's a pretty restricted plan, so I assume not.

Given that I will likely never qualify for direct Roth contributions, the ability to avoid taxes on the gains in retirement seems worth the $3,700 tax bill. Should I proceed now? If I don't do this now, I'm not sure I'll be able to afford to convert in the future.