Search found 3521 matches

Go to advanced search

by BL
Wed May 27, 2015 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Another SS question
Replies: 3
Views: 180

Re: Another SS question

You are fortunate to have received a reply from one of our experts, Mike Piper, the Oblivious Investor. He also has a little book on SS available at Amazon cheap if you need still more details, the Kindle version can be read on your computer if you don't have a Kindle. You can decide month by month ...
by BL
Tue May 26, 2015 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor Looking For Advice
Replies: 12
Views: 621

Re: Young Investor Looking For Advice

Roth IRAs, which require that you do work and usually get a W-2 with box 1 (taxable) wages, are great because they grow without taxation ever again if you leave the gains alone until retirement, but are also available to withdraw the contributions, not gains, if you should need them. They are more v...
by BL
Tue May 26, 2015 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA contributions for spouse no longer working
Replies: 2
Views: 211

Re: Roth IRA contributions for spouse no longer working

If between the two of you, you earn by working at least 11,000 each year, then yes, you can fill the Roths.
by BL
Tue May 26, 2015 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need to sell my REIT in taxable account?
Replies: 17
Views: 770

Re: Do I need to sell my REIT in taxable account?

Sell! Bogleheads get excited to Tax Loss Harvest! If you want to own it, buy more (after 30 days) in your Roth.
by BL
Tue May 26, 2015 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance as college saving
Replies: 13
Views: 593

Re: Life insurance as college saving

You might want to get 20-year term insurance to protect you family if you are no longer around. It is pretty cheap if you are in good health - check term4sale for independent insurance brokers. Don't fall for insurance investment schemes, they always sound better than they are. Are you maxing all re...
by BL
Tue May 26, 2015 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor Looking For Advice
Replies: 12
Views: 621

Re: Young Investor Looking For Advice

You may want to keep the money available for needs within the next five years, as the stock market can lose, say, 50% of its value and may not recover for a few years while you may need the money. It is good for anyone to have an emergency fund and avoid debt. You could save up $100/month for about ...
by BL
Tue May 26, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Tax question
Replies: 16
Views: 1273

Re: Roth IRA Tax question

If it were a 1099 then you would have to account for it with your taxes, but not necessarily pay tax on it. The 5498 is for your permanent tax records.
by BL
Tue May 26, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: What would be the best investment options for me?
Replies: 4
Views: 262

Re: What would be the best investment options for me?

I think you need to do some reading here, see Getting Started in the Wiki, read a recommended book or two so you will have some background in investing and not jump into things that are not good. You have good reflexes so I think you will do very well. First of all, if you get a few basics right and...
by BL
Tue May 26, 2015 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Investment, Dave Ramsey Way?
Replies: 15
Views: 1384

Re: Roth IRA Investment, Dave Ramsey Way?

Here is a good little book by Boglehead author, William Bernstein:
http://www.etf.com/docs/IfYouCan.pdf
The three-fund portfolio or a single Target Retirement fund would work fine. They are low cost, diversified, simple portfolios. Consider 10-30% bonds.
by BL
Tue May 26, 2015 6:34 am
Forum: Personal Consumer Issues
Topic: Need to sell old home. Should we spend money to modernize it first?
Replies: 31
Views: 2089

Re: Need to sell old home. Should we spend money to modernize it first?

I agree with the above. Clean it out, clean and probably paint inside at least. Appliances should work (pick up used replacements if necessary). Window coverings seem to be required in some states so check on that or pick up cheap (maybe used) replacements if in bad shape. Clean up the yard, add som...
by BL
Mon May 25, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: When is it safe to share financial details with gf, future wife
Replies: 53
Views: 4525

Re: When is it safe to share financial details with gf, future wife

We each know an approximation of each other's net worth, debt, income, etc. but not much about specific accounts, exact amounts, etc. Unless she's been snooping behind my back. It has taken me a long time to find someone who is financially compatible...I think letting her know some specifics helps ...
by BL
Mon May 25, 2015 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Allocation with large holding in single stock
Replies: 31
Views: 1743

Re: Allocation with large holding in single stock

The 40% is within a traditional IRA. Some choices here: -Bond Index, Tips, and cash -Target Retirement (or Fidelity freedom INDEX xxxx ) -Life Strategy Income (Fidelity equivalent? Freedom INDEX xxxx ) The regular Freedom funds have a higher ER. Perhaps they would be willing to exchange a bit of th...
by BL
Sun May 24, 2015 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: My In-Laws Have a Financial Advisor
Replies: 7
Views: 1704

Re: My In-Laws Have a Financial Advisor

If they would like an adviser, the new adviser system at Vanguard may be a good low-cost solution at 0.3% and would help you avoid responsibility when the market crashes. These advisers don't have any incentives to put you in higher cost funds, and pretty much all of Vanguard's funds are low-ER with...
by BL
Sun May 24, 2015 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Uncertain health, portfolio advice
Replies: 6
Views: 663

Re: Uncertain health, portfolio advice

She could set aside one year's expenses in a higher-rate online savings account (1%?) and then invest the rest, perhaps 50-70% bonds or CDs/I-Bonds. An all-in-one fund such as Wellesley (60%), Life Strategy Conservative (60% bonds), or Target Retirement Income (70%) could also be used. It is too ear...
by BL
Sun May 24, 2015 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Taxes on Social Security
Replies: 27
Views: 2107

Re: Question about Taxes on Social Security

Thank You Folks. I will check the linkies. What I'm thinking of doing -- I haven't started taking Social Security yet, my FRA is July of this year. I may File and Suspend for this 2015 Tax Year. And make one last massive Roth Conversion, up to the 15% Bracket limit ( $74K ). Have you considered hav...
by BL
Sun May 24, 2015 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) questions with state pension
Replies: 14
Views: 991

Re: 457(b) questions with state pension

I would put everything toward the 8% loan and the credit card loan (especially if over 3%). Pick one and keep adding extra to pay it off quickly. You are paying a lot extra by having a high interest rate, which could be used for future savings. You would be earning a guaranteed rate of whatever the ...
by BL
Sun May 24, 2015 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Backdoor
Replies: 8
Views: 729

Re: Roth 401K vs Backdoor

Unless you have a pension or something similar that will use up your 0, 10, and 15% brackets, you will have some room for income to be taxed at those rates first. Perhaps those people live in countries which tax one on net worth, such as Norway. Yes, and their information is available to the general...
by BL
Sun May 24, 2015 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Question about Taxes on Social Security
Replies: 27
Views: 2107

Re: Question about Taxes on Social Security

Here is a brief description: http://www.ssa.gov/planners/taxes.html You have the right idea on adding tax-exempt interest to other income, then add 1/2 of SS to that to get "combined income". Do not use SD or exemptions. But note that you DO subtract any "above-the-line" deducti...
by BL
Sun May 24, 2015 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Question about Taxes on Social Security
Replies: 27
Views: 2107

Re: Question about Taxes on Social Security

Here is a brief description: http://www.ssa.gov/planners/taxes.html You have the right idea on adding tax-exempt interest to other income, then add 1/2 of SS to that to get "combined income". Do not use SD or exemptions. file a joint return, and you and your spouse have a combined income* ...
by BL
Sat May 23, 2015 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands in taxable accounts
Replies: 8
Views: 450

Re: Rebalancing bands in taxable accounts

What a wonderful problem to have! Do not re-invest dividends and capital gains. Have them go to the funds needing more, assuming you don't need to spend them. Add any new money to the fund needing it such as bonds or US market if you have international going too high. Re-balance in tax-advantaged ac...
by BL
Sat May 23, 2015 10:20 am
Forum: Investing - Help with Personal Investments
Topic: 30 year old freelance musician who wants to catch up
Replies: 8
Views: 942

Re: 30 year old freelance musician who wants to catch up

I suggest doing some reading here and in the Wiki, along with a recommended book or two. Here is a 16-page online booklet written by Boglehead author, William Bernstein: http://www.etf.com/docs/IfYouCan.pdf The 3-fund portfolio gives you a bit more control in buying and selling, as well as taxes, th...
by BL
Fri May 22, 2015 1:13 pm
Forum: Investing - Theory, News & General
Topic: SO left the employer. ESPP and 401K accounts.
Replies: 9
Views: 820

Re: SO left the employer. ESPP and 401K accounts.

AFAIK, sep and solo accounts are set up by owner of a small business. I don't see mention of you or her having a business. Maybe she could start a business, however. Do you have a 401k? All of the tax-advantaged accounts are Individual, and Backdoor Roth also follows Individual rules so you could ea...
by BL
Thu May 21, 2015 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to find a good international mutial fund
Replies: 4
Views: 287

Re: Trying to find a good international mutial fund

This Wiki page has recommended funds at several brokerages: https://www.bogleheads.org/wiki/Three-fund_portfolio Recommend you review all your investments and decide what % stocks/bonds you want, and what % of stocks should be in international. It is usually recommended to do 20-40% of stocks in (to...
by BL
Thu May 21, 2015 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Age 56, Need Asset Allocation Advice
Replies: 16
Views: 1043

Re: Age 56, Need Asset Allocation Advice

Do you have any stock funds in 401k with lower ERs? If so, you could change things around. Do you have access to a separate brokerage account for your 401k? I am looking for access to either bonds or stocks with reasonable costs, but you may not have any.
by BL
Thu May 21, 2015 10:58 am
Forum: Personal Consumer Issues
Topic: Teaching maths to a 4 year old
Replies: 31
Views: 2291

Re: Teaching maths to a 4 year old

As long as you keep it fun, keep it up. Don't do it very long at a time as their attention span is not great. Look for math in everything you do and include your child. Shopping, building, cooking, games, etc., can all involve math and the more you look for it, the more you will see. I prefer it to ...
by BL
Thu May 21, 2015 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Advice for younger friend
Replies: 11
Views: 759

Re: Advice for younger friend

He could buy the Total stock market ETF in a Roth at V until he has $1k, then buy a Target Retirement Date fund with the $1k and keep adding to that up to 5.5k/year. Sign up for e-statements to avoid charges. Roth earnings will have to stay to avoid penalty, but there should never be a plan to withd...
by BL
Thu May 21, 2015 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Calculator to Determine How Much Income Retiree Can Make Before Paying Taxes
Replies: 9
Views: 1431

Re: Calculator to Determine How Much Income Retiree Can Make Before Paying Taxes

Besides the calculator, you could look at income and subtractions: SD = 15,100 (for couple over 65) Ex = 8,000 = 23,100 (a couple can make this and pay no tax. Does not include SS as SS is not taxable at this level.) Taxable Income Tax Bracket: $0-$18,450 10% $18,451-$74,900 15% The next 18,450 of i...
by BL
Wed May 20, 2015 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: How far behind in saving are we?
Replies: 15
Views: 3045

Re: How far behind in saving are we?

Are you dealing with any student loans? I am thinking that some loan forgiveness might be in order based on the poverty income level. I am torn between urging you to consider a higher paying district vs. thanking you for serving these needy students who benefit most from your contributions. Perhaps ...
by BL
Wed May 20, 2015 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: keep advisor or do it myself
Replies: 59
Views: 4756

Re: keep advisor or do it myself

Is the tax advice part of the service you are paying for? That can be valuable. It does sound like you are getting value added with what you are paying for. Frankly, I doubt that the investment value will be greater than Vanguard, but it could result in higher income over some period of time. I am n...
by BL
Wed May 20, 2015 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Any of these worth keeping?
Replies: 9
Views: 924

Re: Any of these worth keeping?

Besides looking at ERs, I would gather the cost basis for these funds; perhaps you have already done it, but it is usually easier to check and print out before moving or selling the funds. Compare the costs of selling where they are now with the cost to do it if tranferred "in kind" to Van...
by BL
Wed May 20, 2015 10:37 am
Forum: Investing - Theory, News & General
Topic: The Benefits of Active Management for Investors
Replies: 17
Views: 1504

Re: The Benefits of Active Management for Investors

I read a couple of articles @ Oppenheimer on Active Management and wanted to get some other comments on these. I read them quickly and didn't see any mention of the high front end load fees. The articles seemed to lump things together and not give a clear picture on gains over time for the same fun...
by BL
Wed May 20, 2015 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for 32 year old
Replies: 9
Views: 991

Re: Portfolio Review for 32 year old

The Wellesley is meant to be a single solution so not so helpful in taxable unless that is dedicated to a single nearer future need. You don't define the account as for retirement. Other than perhaps switching to Spartan funds (especially including bond fund), I would look at the family portfolio be...
by BL
Wed May 20, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: How far behind in saving are we?
Replies: 15
Views: 3045

Re: How far behind in saving are we?

Since you are probably in the 15% federal tax bracket based on your gross income, personal exemptions and standard deduction, I would continue to fund a Roth IRA. You have 30-35 years for your Roth IRA to grow tax free and have distributions come out state & federal tax free when you retire if ...
by BL
Tue May 19, 2015 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Ed Jones wants American Funds moved under their Name
Replies: 9
Views: 1231

Re: Ed Jones wants American Funds moved under their Name

This is the first time I know of that anyone has asked about moving towards EJ! Usually it is how to get out of the high cost of investing at EJ. I just Googled "bogleheads EJ" and a bunch popped up.
by BL
Mon May 18, 2015 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: 30 years old, baby on the way, just starting out advice...
Replies: 16
Views: 1730

Re: 30 years old, baby on the way, just starting out advice...

I would suggest you do some reading here in the Wiki, videos, and recommended books. Here is a 16-page quick book for young investors: http://www.etf.com/docs/IfYouCan.pdf There is a website, term4sale.com that gets mentioned here. Their term insurance is sold by independent insurance salesmen rathe...
by BL
Mon May 18, 2015 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Retirement and wealth management fees
Replies: 28
Views: 2578

Re: Retirement and wealth management fees

I would expect to be "sold" more insurance and/or annuity products, as well.
by BL
Sun May 17, 2015 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Home buying strategies for mother-in-law?
Replies: 9
Views: 732

Re: Home buying strategies for mother-in-law?

Is exiting the house a problem? Can she reach the garage from outside? I have seen stackable washer & dryer placed in a bathroom. Is that a possible future move? Does she have railing to basement and safety rails in other places such as bathroom? Does she consider her home a problem or is it you...
by BL
Sun May 17, 2015 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: move money in merrill edge roth ira to vanguard?
Replies: 3
Views: 238

Re: move money in merrill edge roth ira to vanguard?

I expect it will cost you $50-100 to close your account but I think it will be worth it in the long run if you like the Vanguard funds (I do).
by BL
Sun May 17, 2015 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off student debt by selling off taxable account assets
Replies: 16
Views: 749

Re: Pay off student debt by selling off taxable account assets

I do have a $4000 net loss thus far on a high risk capital investment I made in a small startup company four years ago when I was single and had less responsibilities. I believe I can use $3000 of that loss to off-set the potential $8000 in capital gains for 2015. I think you should be able to use ...
by BL
Sun May 17, 2015 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: IBond/TIPS Or Not
Replies: 37
Views: 3813

Re: IBond/TIPS Or Not

Also, we each have an IRA. Most of the International Equity is in the IRA of the older person. Should this be a cause for concern? The advice on this forum is generally to view the accounts of both people as a single portfolio. However, I don't know the regulations about inheriting an IRA, so I'm n...
by BL
Sun May 17, 2015 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Determining Cost Basis
Replies: 6
Views: 316

Re: Determining Cost Basis

You will have to determine cost basis the old-fashioned way. Those terms are only for when you are keeping the funds, not for selling them. Bonds don't usually have large CGs, so maybe it won't be too bad. The balanced one is half stocks, so you will have to check carefully on that.
by BL
Sun May 17, 2015 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Please help me with my 401k 31 year old single male
Replies: 15
Views: 1338

Re: Please help me with my 401k 31 year old single male

The separate funds are fine. However if you like the idea of an adviser, the target funds are managed so you definitely don't need an adviser. Take a look at Vanguard Target Retirement 2035 Fund (VTTHX), which has 17% bonds and will gradually but slowly increase that % as you approach retirement. If...
by BL
Sun May 17, 2015 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Advice on AA for 35 year old (1st gen immigrant)
Replies: 12
Views: 1144

Re: Advice on AA for 35 year old (1st gen immigrant)

His 401K 41% VANG INST INDEX PLUS (VIIIX) (0.02%) 11% VANG EXT MKT IDX IP (VEMPX) (0.06%) 20% VANG INFL-PROT SEC (VIPIX) (0.07%) VIIIX tracks S&P500 right and VEMPX (everything not included in S&P500). What should the ratio's for these be. Am I over indexing on the S&P. Should these rat...
by BL
Sat May 16, 2015 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Please help me with my 401k 31 year old single male
Replies: 15
Views: 1338

Re: Please help me with my 401k 31 year old single male

Agree that the target retirement fund would be a great choice. Either use the date (only 10% bonds) or choose a nearer date if that is too aggressive. Later you might want to break things up into 3-4 components such as listed in the following booklet. Here is a great little booklet just for you by W...
by BL
Thu May 14, 2015 11:32 pm
Forum: Investing - Theory, News & General
Topic: Which is most tax efficient balanced fund in taxable
Replies: 22
Views: 1981

Re: Which is most tax efficient balanced fund in taxable

"It was my understanding that there would be no math." Chevy Chase as Gerald Ford. :beer Seriously, I am trying to think about some books that would be interesting enough for your son to read. Obviously, the Bogleheads' Guide to Investing is great, but might not hold the interest of a you...
by BL
Thu May 14, 2015 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: SPIA for mom?
Replies: 33
Views: 1813

Re: SPIA for mom?

I don't see enough information on the SS she is now taking. Presumably she is eligible for both Widow and her own SS. I believe these are separate, unlike the spousal/self decisions others may make. Is hers high enough to get more by switching at age 70? I would think it is worth checking to find he...
by BL
Thu May 14, 2015 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Advice for Significant Others 401K Portfolio
Replies: 17
Views: 714

Re: Advice for Significant Others 401K Portfolio

I just looked up 1 year returns on her old portfolio and the new spartan one and FGRIX which had a 12.73% 1 year return and and FDVLX with a 11.83% return. I then took a look at the Spartan 3 fund portfolio combined and the return performance was actually lower? Am I not seeing that correctly? If y...
by BL
Thu May 14, 2015 10:25 am
Forum: Investing - Theory, News & General
Topic: Cheaper version of Total International Stock Index Admiral Shares (VTIAX)
Replies: 10
Views: 954

Re: Cheaper version of Total International Stock Index Admiral Shares (VTIAX)

johnubc wrote:
mhc wrote:Investor shares will automatically be converted to admiral shares once you hit $10k.


Is that true? In other funds, I need to ask for an exchange to take place.

I would read "automatically" as "sooner or later". IOW, do it yourself for immediate satisfaction.
by BL
Thu May 14, 2015 8:26 am
Forum: Investing - Help with Personal Investments
Topic: $50 charge to switch IRA from Fidelity to Vanguard
Replies: 14
Views: 1521

Re: $50 charge to switch IRA from Fidelity to Vanguard

Is $50 so much that it is worth going through the hassle of two transfers to avoid? If you don't like Fidelity and want Vanguard just move the money once, pay the fee and move on. (just my humble opinion) +1 I agree. Why increase the chances of something going wrong? Just get it done if you wish to...
by BL
Tue May 12, 2015 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Help Needed
Replies: 11
Views: 1131

Re: Taxable Account Help Needed

Anything in a bank should be in an FDIC account and not other expensive investments. Make a plan to put in a certain % per month and stick to it no matter what. You have seen what happens when you wait. No one knows whether it will go up or down nor when. Get rid of expensive funds and individual fu...

Go to advanced search