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Re: 34 year old new to investing - help please

Ideally, I would keep the same % AA as you decided earlier.
I think good enough would be 70/30 or 70% stocks/ 30% bonds added to IRA. Something like 1500 total bonds, 4000 total stock market Admiral investor shares would be reasonable.
by BL
Thu Feb 26, 2015 6:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: 34 year old new to investing - help please
Replies: 71
Views: 9771

Re: Is there a way to provide for inflation ?

Have you also considered buying I-Bonds since they are tied to inflation? You could each do $10k/year (double that with 2 very simple trusts) for a few years to build up to whatever you choose, then withdraw each year. Nothing exact here, but it is inflation adjusted every 6 months.
by BL
Thu Feb 26, 2015 10:10 am
 
Forum: Investing - Help with Personal Investments
Topic: Is there a way to provide for inflation ?
Replies: 18
Views: 1203

Re: Re-allocating my portfolio to be tax efficient

It looks like you could put all of the bonds into your IRA. That would fill about half of your IRA space. I believe that would also likely produce lower RMDs and convert more future equity gains to Capital Gains. I also believe there are some different opinions here. If you want minimum change, you ...
by BL
Thu Feb 26, 2015 9:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Re-allocating my portfolio to be tax efficient
Replies: 10
Views: 741

Re: What kind of allocation for a 50-60 year old?

Let's just say his goal is to create gains. Low-moderate risk. That's it. Instead of having his checking account money lose value from inflation. GIGO. That said, a low-moderate risk inflation hedge is: Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) https://personal.vanguard.c...
by BL
Thu Feb 26, 2015 8:59 am
 
Forum: Investing - Help with Personal Investments
Topic: What kind of allocation for a 50-60 year old?
Replies: 13
Views: 1188

Re: Beginner Investor - Selling Mutual Fund to start Roth IR

Of course you don't want to liquidate within 60 days if there is a $50 Vanguard fee for doing it in that time frame. I wasn't aware of that. Only if I decided to keep it longer than 60 days would I move in kind and only if it turns out to be more expensive at A . At least they were very up front wit...
by BL
Wed Feb 25, 2015 9:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Beginner Investor - Selling Mutual Fund to start Roth IRA
Replies: 9
Views: 676

Re: Novice Boglehead, please help with 600k windfall

I agree that you should take some time to decide. This is standard advice for anyone grieving as well as anyone with a windfall. So you fit both categories. I believe the guaranteed FDIC limits are $250k/per person. Some banks can disperse the amounts so they can handle it all. Check into CDARS – Th...
by BL
Wed Feb 25, 2015 6:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Novice Boglehead, please help with 600k windfall
Replies: 9
Views: 1345

Re: Convincing older relative to open online savings account

Check all the banks and credit unions in their area of comfort and see if any have checking, savings, or CDs (c.u. certificates) with a higher rate of interest. I would not push them to move online when they are not comfortable with it. It is too bad that I-Bonds are only online, or that would have ...
by BL
Wed Feb 25, 2015 6:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Convincing older relative to open online savings account
Replies: 34
Views: 1348

Re: Help with some Vanguard fund moves

What is your tax bracket or taxable income (Line 43 on 1040)? If you have room in the 15% bracket the tax for any capital gains is 0%, otherwise it is 15% of your CG. Look at cost basis in your account, and find out how much CG you have. I have no interest in extra Reits, beyond what is in total sto...
by BL
Wed Feb 25, 2015 5:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with some Vanguard fund moves
Replies: 4
Views: 317

Re: contributing to my roth ira

i made about 114k in 2014. so do i have paperwork and how much can i contrinbute? also, i transferred one of my 401k from a previous employer to a regular IRA last year. does that IRA affect my contributino to this roth ira? i will not contribute to that normal ira. i will only contribute to roth A...
by BL
Wed Feb 25, 2015 4:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: contributing to my roth ira
Replies: 5
Views: 367

Re: Can someone please help me with this investment thing!

Yes, you are off to a good start. Maybe start with "Getting Started in our Wiki: https://www.bogleheads.org/wiki/Getting_started Here is a quick read and excellent overview for beginners: http://www.etf.com/docs/IfYouCan.pdf When you are ready, you can post all your information in the format sh...
by BL
Wed Feb 25, 2015 10:23 am
 
Forum: Investing - Help with Personal Investments
Topic: Can someone please help me with this investment thing!
Replies: 17
Views: 1114

Re: Variable Annunity ??

BL, Has not left federal service. She did an in-service partial rollover to ameriprise. The account was held in the federal TSP program which is considered a 401K program or close to it for federal employees. The TSP account is still open and she is still contributing on a bi-weekly basis.. Interes...
by BL
Tue Feb 24, 2015 3:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: Variable Annunity ??
Replies: 20
Views: 1202

Re: What kind of allocation for a 50-60 year old?

Check banks and credit unions in town to see if there are better rates at savings accounts or CDs.
by BL
Tue Feb 24, 2015 2:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: What kind of allocation for a 50-60 year old?
Replies: 13
Views: 1188

Re: Taking RMD this year

The same thing is true if you become sick and just forget. I still just wait until Dec, mainly because I am waiting to instead do the tax-free QCD, qualified charitable distribution, which congress only get around to at the last minute.
by BL
Tue Feb 24, 2015 2:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Taking RMD this year
Replies: 13
Views: 887

Re: Newly Married, want to simplify and make a plan

We have had car insurance at USAA for about 45 years, and a credit card for maybe 35 years and are very satisfied with that. I am glad I found Vanguard for investing rather than USAA, since USAA is more expensive.
by BL
Tue Feb 24, 2015 2:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newly Married, want to simplify and make a plan
Replies: 10
Views: 705

Re: Breaking up with a Financial Advisor help?

Take a look at the fund tickers you have at Morningstar.com. Click on Fees to see what the expense ratio and 12b-1( kickback to broker) fees are, and the 3,5,7 yr costs. Then look up a Vanguard fund to compare (there are no 12b-1 kickbacks at V!) If interested in Fidelity, look up a comparable Spart...
by BL
Tue Feb 24, 2015 10:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Breaking up with a Financial Advisor help?
Replies: 17
Views: 1120

Re: Investment advice needed

There is no way of knowing in advance which sector will do well. Perhaps you would like this Callen Periodic Table which shows how the sectors did each year. They might do great one year and poorly the next.
https://www.callan.com/research/files/989.pdf
by BL
Tue Feb 24, 2015 9:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Investment advice needed
Replies: 13
Views: 648

Re: Newly Married, want to simplify and make a plan

The 3-fund portfolio link will show you both ETF and mutual fund choices at various places. If you are above the income limit for direct contributions to Roth IRA, you might want to consider the 401k for your retirement plan. See Back door Roth in Wiki. It is complicated if you have non-Roth IRAs. (...
by BL
Tue Feb 24, 2015 9:01 am
 
Forum: Investing - Help with Personal Investments
Topic: Newly Married, want to simplify and make a plan
Replies: 10
Views: 705

Re: Advice and direction for a beginner

I suggest you open a Roth IRA at Vanguard and buy a Target Date Retirement fund as you seem comfortable with minimum bonds. All of the 30+ year dates have only 10% bonds, so you would get mostly Total Stock market anyway, along with some Total International funds. Minimum is $1000 so put in whatever...
by BL
Tue Feb 24, 2015 12:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice and direction for a beginner
Replies: 10
Views: 1329

Re: Convincing a novice index funds are superior

I would quote William Bernstein, author of The Four Pillars of Investing by saying, “...concentrating your portfolio in a few stocks maximizes your chances of getting rich. Unfortunately, it also maximizes your chance of becoming poor. Owning the whole market—indexing—minimizes your chances of both...
by BL
Tue Feb 24, 2015 12:14 am
 
Forum: Investing - Help with Personal Investments
Topic: Convincing a novice index funds are superior
Replies: 26
Views: 2292

Re: Investment advice needed

You said that you "maxed out" "his T-IRA" for 2014 & 2015. It's my understanding that if you have a retirement plan at work such as a 401k, you can't contribute to a traditional (deductible) IRA if married filing jointly and your modified adjusted gross income (MAGI) is over...
by BL
Mon Feb 23, 2015 11:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment advice needed
Replies: 13
Views: 648

Re: Beginner Investor - Selling Mutual Fund to start Roth IR

I was really excited to hear about the spousal IRA. Thanks for mentioning it. If we go ahead and start her Roth IRA, will it convert to a spousal IRA when she quits working? The spousal is really just an ordinary IRA, either Roth or traditional. It is just that you are allowed to contribute, whethe...
by BL
Mon Feb 23, 2015 10:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Beginner Investor - Selling Mutual Fund to start Roth IRA
Replies: 9
Views: 676

Re: Beginner Investor - Selling Mutual Fund to start Roth IR

I would put HER gift money into HER IRA. It is hers, after all. Has she been paying tax on the dividends each year (gets a 1099 from A)? If not, it may already be in a Roth or traditional IRA. Anyway, it is a good idea to get it out of A and into Vanguard. A Target Retirement Date fund or Life Strat...
by BL
Mon Feb 23, 2015 7:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Beginner Investor - Selling Mutual Fund to start Roth IRA
Replies: 9
Views: 676

Re: Income tax on MF capital gains?

Yes, consider the safe harbor. Set your withholding to at least cover what your tax was last year, as that should eliminate penalties.
by BL
Mon Feb 23, 2015 7:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Income tax on MF capital gains?
Replies: 4
Views: 389

Re: Variable Annunity ??

My sympathies. The real shame is that the 401k was with the TSP. The broker had her do a rollover to Ameriprise and as soon as the cash hit the account he purchsed the VA and pocketed the 7.5% commission,that The Wizard mentioned above. I only wish she would have told me about this before she decide...
by BL
Mon Feb 23, 2015 6:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Variable Annunity ??
Replies: 20
Views: 1202

Re: Does my work vehicle allowance count as taxable income?

I hope you get someone knowledgeable to help. I believe you are saying that it includes the extra $9000 in your Box 1 income (and Box 2 as well?) and is not listed elsewhere on your W-2? I Googled and found a couple possibilities to check: http://www.irs.gov/publications/p463/ch06.html http://www.ir...
by BL
Mon Feb 23, 2015 9:24 am
 
Forum: Personal Finance (Not Investing)
Topic: Does my work vehicle allowance count as taxable income?
Replies: 8
Views: 622

Re: Does early retirement affect SS benefits?

It might, as they take the 35 highest earning years (inflated) and she might have some zeros in there. Have you signed up at SS.gov website to see what they estimate, or use their calculator since she won't be working up until she starts drawing SS. There are many possible times to start drawing SS....
by BL
Sun Feb 22, 2015 2:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Does early retirement affect SS benefits?
Replies: 16
Views: 2264

Re: Starting Roth+401k for Wife

I don't think there is anything bad about your selection, except it doesn't seem at all simple to me. Does she need to learn about ETFs? Could you (over) simplify to, for example, one S&P 500 fund and one bond fund in 401k? How old is she, does she have many work years to go or is she near retir...
by BL
Sun Feb 22, 2015 2:41 am
 
Forum: Investing - Help with Personal Investments
Topic: Starting Roth+401k for Wife
Replies: 4
Views: 352

Re: investment strategy for a housewife (never worked)

When you have filed for SS, she will be able to collect spousal social security when she is at least age 62, but it will increase if she waits. If you die, she will collect widow's (your) SS instead. Be sure you have named her beneficiary (or co-owner) on all of your financial accounts, property, te...
by BL
Sun Feb 22, 2015 1:55 am
 
Forum: Investing - Help with Personal Investments
Topic: investment strategy for a housewife (never worked)
Replies: 4
Views: 409

Re: Advice on my investments

Search Tax Efficient funds in Wiki. Usually it is suggested to have your bonds in tax-deferred (IRA) and not in taxable. Total stock market and total international are fine in taxable (and elsewhere). The balanced funds are not efficient as they contain bonds and you will be paying taxes on these di...
by BL
Sat Feb 21, 2015 9:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on my investments
Replies: 1
Views: 212

Re: In our situation, how much would you put in your 2014 Ro

Yes, go down to your local bank or credit union and put the money into a Roth IRA savings account. In case of an emergency, you can remove what you put in without tax or penalty (not the interest however). Later, move it to a low-ER index fund in a Roth IRA account at Vanguard or similar low-cost br...
by BL
Sat Feb 21, 2015 1:28 am
 
Forum: Investing - Help with Personal Investments
Topic: In our situation, how much would you put in your 2014 Roths?
Replies: 19
Views: 1130

Re: What to do with 50k right now at 20 years old

Have you read this online little book? http://www.etf.com/docs/IfYouCan.pdf Not specific advice, but lots of good advice anyway especially for young people. Stocks go up and down, and international has not been doing well for a while. The thing is to be diversified so while some things go up others ...
by BL
Fri Feb 20, 2015 8:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with 50k right now at 20 years old
Replies: 2
Views: 345

Re: Financial Advisor, worth it? - McAdam

I don't know how to find a "financial advisor", do you? Many who call themselves that are salemen who want to "manage" your money for you, charge you loads (upfront or deferred), get a 12B-1 kickback from the funds they sell you, and try to sell you what makes them the most money...
by BL
Fri Feb 20, 2015 7:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor, worth it? - McAdam
Replies: 26
Views: 1909

Re: Dave Ramsey Ratchets Up the Debate on Investing

It seems to me that he is doing an excellent job of explaining why his investment advice sucks. After he gets to the point where you can make ample contributions to your retirement accounts, he basically just throws everything over the fence. Hear no evil, see no evil. Perhaps he should watch the P...
by BL
Fri Feb 20, 2015 4:55 pm
 
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Ratchets Up the Debate on Investing
Replies: 8
Views: 3903

Re: Doing Taxes on Real Estate in Multiple States

Any lowly tax preparer can do multi-state returns as long as he has the software to do it. Ask if they do multi returns on those particular states.
by BL
Fri Feb 20, 2015 12:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Doing Taxes on Real Estate in Multiple States
Replies: 6
Views: 262

Re: Just started thinking about finances - Planning ahead ad

I think this approach will help me out.. I will open a Roth with Vanguard and put it in 2050 retirement.. start contributing 700 a month ( 350 on my name and 350 on my husbands name).. Put the $7000 emergency fund and start contributing 500 towards it and build it slowly while also investing for th...
by BL
Fri Feb 20, 2015 11:44 am
 
Forum: Investing - Help with Personal Investments
Topic: Just started thinking about finances - Planning ahead advice
Replies: 23
Views: 1022

Re: Moving to Anchorage from Dallas

I think it depends on your (and spouse's, if any) personality and how open you are to new and very different possibilities. I remember seeing young people stationed in Germany who were almost afraid of leaving the base and going out in the community. I realize the language differences was a major pa...
by BL
Fri Feb 20, 2015 10:50 am
 
Forum: Personal Consumer Issues
Topic: Moving to Anchorage from Dallas
Replies: 30
Views: 2455

Re: Just started thinking about finances - Planning ahead ad

Those credit cards are killers! Paying them off is a much better return than any investing you might do. Resolve never to borrow money (not pay off CC every month!) ever again! Pay yourself in savings/emergency fund with what you have been spending on CC (it doesn't reduce amounts owed very much bec...
by BL
Fri Feb 20, 2015 10:36 am
 
Forum: Investing - Help with Personal Investments
Topic: Just started thinking about finances - Planning ahead advice
Replies: 23
Views: 1022

Re: Chase?

G3VALD1G wrote:Unfortunately I have a chase brokerage account. I wasn't informed about Vanguard at that time. My fees on a trade is 50 dollars. Any online brokerage charges under 10 dollars per trade.

Did you move away from Chase?
by BL
Thu Feb 19, 2015 11:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Chase?
Replies: 10
Views: 1030

Re: Ignore the experts but can you invest by consensus?

I don't think consensus on the details is that important, while following something like this may be: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy These concepts seem to cover most of the principles: 1 Develop a workable plan 2 Invest early and often 3 Never bear too much o...
by BL
Thu Feb 19, 2015 11:17 pm
 
Forum: Investing - Theory, News & General
Topic: Ignore the experts but can you invest by consensus?
Replies: 15
Views: 939

Re: Chase?

I think you were fortunate to not find the investment branch. Use banks for FDIC guaranteed products, not investments. Since this is a website following the principles of John Bogle, expect us to recommend Vanguard. They have primarily low-ER funds, mostly index funds. There are no loads or high-ER ...
by BL
Thu Feb 19, 2015 11:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Chase?
Replies: 10
Views: 1030

Re: Investment Advice for Parents and Dependent

I think you may be rushing things as a newly "converted" Boglehead. Read more of recommended books and videos here and the Wiki until you have a good solid understanding of what you are doing before you try to convert them. You have the right idea, but maybe start by giving a book like Bog...
by BL
Thu Feb 19, 2015 7:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for Parents and Dependent
Replies: 8
Views: 451

Re: Investing Help

See the costs of loads, 12b-1 fees, Expense Ratio, and Total cost Projections for each fund, 2 of yours + Vanguard target fund ($1,000 minimum) (Total Stock market (min. 3k index, 10k Admiral class) would be still cheaper!) from Morningstar Expense page: Maximum Sales Fees MCLOX Initial — Deferred 1...
by BL
Thu Feb 19, 2015 6:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing Help
Replies: 18
Views: 839

Re: Help me find my friend !

Google "susie smith" IBM, or "susie smith" forks high school, anything you can think of. Good suggestions given, if her name is common, try relative of unusual name with hers, social media, friends, home towns, Social security death index, switchboard, college alumni references, ...
by BL
Thu Feb 19, 2015 4:58 pm
 
Forum: Personal Consumer Issues
Topic: Help me find my friend !
Replies: 31
Views: 3196

Re: American Funds departure or stay?

Not looking at you account and figuring out what it is costing you is a recipe for disaster. At least move them to Vanguard where the extra bleeding stops. (There will probably be a charge to close your account as well!) Loads give your "friend" 5+% of your investment that you then don't g...
by BL
Thu Feb 19, 2015 3:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: American Funds departure or stay?
Replies: 17
Views: 847

Re: Eek - I was terminated!! Quick Questions

Congratulations on getting a new job right away! That solves a lot of immediate problems. I would concentrate on emergency fund. With children that is especially important. Next, and hopefully at same time, put in 401k if available enough for a match. Work hard on paying off car loan; check local cr...
by BL
Thu Feb 19, 2015 2:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Eek - I was terminated!! Quick Questions
Replies: 21
Views: 2998

Re: Inherited Mutual Funds: Investing advice

Postmon summed it up correctly. They are advising the 4-funds which is a reasonable choice. Perhaps you were breaking it down more when you spoke to them, therefore they broke it down when they recommended it. This is pretty much what you would find in a Target Retirement fund of 50% bonds or betwee...
by BL
Thu Feb 19, 2015 11:49 am
 
Forum: Investing - Help with Personal Investments
Topic: Inherited Mutual Funds: Investing advice
Replies: 67
Views: 3057

Re: Investing Advice to Mother/Father In Law

I think they could call Vanguard if they are thinking of investing this money. That is about the only safe place I would trust not to sell expensive funds with loads, 12b-1 kickbacks, or expensive high-ER funds, since V doesn't pay them commissions and they don't sell expensive funds (or they are ra...
by BL
Thu Feb 19, 2015 11:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing Advice to Mother/Father In Law
Replies: 16
Views: 1187

Re: Spring Break Ideas for Apr 4-11 for girls 4,6 yrs

It sounds like you do a lot of traveling with the kids. That is great. I wanted to add that you could stay farther out, at least in DC area, if you check the metro/subway maps. We left our car in a parking garage near a Virginia metro stop and took that into DC. Sorry, don't remember costs involved....
by BL
Thu Feb 19, 2015 10:10 am
 
Forum: Personal Consumer Issues
Topic: Spring Break Ideas for Apr 4-11 for girls 4,6 yrs
Replies: 45
Views: 2348

Re: How best to use gifted 25k. . .

She should see her local bank or credit union about opening a Roth and putting the max into 2014 & '15 Roth savings or CD accounts if she is unwilling to do Life Strategy or Target Retirement Income in a Vanguard Roth account. Only invest in FDIC guaranteed accounts at a bank or credit union, no...
by BL
Thu Feb 19, 2015 10:03 am
 
Forum: Personal Finance (Not Investing)
Topic: How best to use gifted 25k. . .
Replies: 25
Views: 1834

Re: Diversify my portfolio

The hardest thing to do is to do nothing. Once you have a good portfolio, there is the temptation to add a little here and there, and pretty soon you have just an assortment with complicated rebalancing as a result. There is no way to know if it will help, and using past performance is questionable ...
by BL
Wed Feb 18, 2015 1:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Diversify my portfolio
Replies: 21
Views: 2252
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