Search found 2060 matches

Return to advanced search

Re: Please recommend a low fee index fund with no min. inves

The Target Retirement funds at Vanguard have a $1,000 minimum, as does the active balanced Star account. Then add in $100 increments.
by BL
Wed Jul 23, 2014 7:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Please recommend a low fee index fund with no min. invest.
Replies: 9
Views: 557

Re: How to cash in Savings bonds (from 80s)

Contact local banks first to see if they will cash them. I doubt they would intentionally defraud you.

http://www.treasurydirect.gov/ is the official site.
by BL
Wed Jul 23, 2014 7:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to cash in Savings bonds (from 80s)
Replies: 4
Views: 348

Re: Reaching Severe Burnout - Can I Scale Back Career?

Think about what you would like to be doing. Is it possible to talk to your boss about slowing down or transferring to a different job with the company? If you have been there long enough they may want to keep you in whatever area you are willing to work. Also network and find out what is out there....
by BL
Wed Jul 23, 2014 1:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Reaching Severe Burnout - Can I Scale Back Career?
Replies: 33
Views: 2087

Re: What to do with additional income?

Wow! You are really planning to bet it all on one undiversified stock (in the same company as your job!) Look up Enron and Worldcom to see what could happen. You mention several critical things that need your attention first: emergency fund, High-interest second mortgage, 401k only up to match, no I...
by BL
Wed Jul 23, 2014 12:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: What to do with additional income?
Replies: 5
Views: 389

Re: So how long will I live? How long do I plan for?

In looking at recent local obituaries, they ranged from 8 to 108 in age, with several in the 90's.
I think 100 for a couple might be a reasonable choice; who wants to run out of money when you are old?
by BL
Wed Jul 23, 2014 12:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: So how long will I live? How long do I plan for?
Replies: 55
Views: 4100

Re: Computer Fried By Lightning - Security Question

I have a Chromebook but hadn't really thought of its advantage for accessing sensitive material. Will have to think about that some more. It does at least 95% of the work I need it to do, but my spouse prefers the desktop. I got it because of virus security, ease of travelling with it, cost ($250), ...
by BL
Wed Jul 23, 2014 7:57 am
 
Forum: Personal Consumer Issues
Topic: Computer Fried By Lightning - Security Question
Replies: 9
Views: 547

Re: Computer Fried By Lightning - Security Question

I would definitely change all passwords, especially for any financial or other very important websites.
by BL
Wed Jul 23, 2014 6:41 am
 
Forum: Personal Consumer Issues
Topic: Computer Fried By Lightning - Security Question
Replies: 9
Views: 547

Re: Using retirement assets and inheritance wisely

perhaps a portion of his civilian pension. We've yet to decide how to designate that when he retires.


It is too late for any SBP but would strongly encourage that he select a good survivor benefit from this pension. Does it have a COLA? Consider it as purchasing a SPIA with the extra cost.
by BL
Tue Jul 22, 2014 5:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Using retirement assets and inheritance wisely
Replies: 12
Views: 1696

Re: Helping My Grandmother

If she is able to work some, Experience Works (formerly Green Thumb) for seniors may help her get a job.
See http://www.experienceworks.org/site/PageServer?pagename=State_New_Jersey_Home_Map
by BL
Tue Jul 22, 2014 4:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 3087

Re: Advice for First-Time Investors

Since you say 25% bracket, you are making over 94,100 this year, is that correct? (Many forget about the exemptions and Standard Deductions when calculating tax brackets.) I-Bonds (10k/person/year) could also be used to save for house; see http://www.treasurydirect.gov/ Besides the recommended books...
by BL
Tue Jul 22, 2014 1:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice for First-Time Investors
Replies: 19
Views: 2204

Re: Is a "split-personality" approach Boglehead-compatible?

Welcome to the Bogleheads forum. It is an honor to have you here. If you take all Bogleheads, you might find a split-personality here, as we all have our individual methods of investing, even though the low-cost, diversified, index funds tend to prevail. We also may have spouses and work out somethi...
by BL
Mon Jul 21, 2014 6:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is a "split-personality" approach Boglehead-compatible?
Replies: 19
Views: 1505

Re: College Kid Looking for some Vanguard Advice

Yes, the Life Strategy Aggressive is 80% equities (stocks) and TR out-years are 90% equities, so they are definitely more than a little risk. They are made up of the Total Stock Market, Total International Stock Market, Total Bond Market, and also have added international bonds, all in various propo...
by BL
Mon Jul 21, 2014 11:37 am
 
Forum: Investing - Help with Personal Investments
Topic: College Kid Looking for some Vanguard Advice
Replies: 7
Views: 878

Re: Helping My Grandmother

I agree that she can't afford to invest. If she insists, the Life Strategy Income (20% equities) is the absolute most I would go with. I don't see what advantage there would be in paying down mortgage. She needs the money to be available for emergencies, or at least in CDs (unless that scoundrel unc...
by BL
Sun Jul 20, 2014 6:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 3087

Re: College Kid Looking for some Vanguard Advice

Here is a 16-page booklet written just for you, see the author's thread here: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=143177&newpost=2127333 Also take a look at the Wiki here starting with Getting Started. There are also some good videos and recommended books. Starting with a Li...
by BL
Sun Jul 20, 2014 3:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: College Kid Looking for some Vanguard Advice
Replies: 7
Views: 878

Re: Help with a retiring parent's portfolio

You will want to get the tax basis for all the stocks to aid in your decisions based on tax costs. Also stop reinvesting in everything for now. See the three-fund portfolio for a good, simple, diversified portfolio. That is also pretty much what the Vanguard Target funds are. -401k (current employer...
by BL
Sun Jul 20, 2014 2:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with a retiring parent's portfolio
Replies: 5
Views: 893

Re: beginner investor

Don't forget that you have until April 15, 2015 to do the 2014 Roth IRA. Filling the Roth when you can, even if kept in a low-yield fund (Target Retirement Income (30% equities)) to use as an emergency fund, would be great, especially if you expect very high earnings in the future. Getting rid of th...
by BL
Sun Jul 20, 2014 12:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: beginner investor
Replies: 5
Views: 439

Re: 24 Years Old Looking for Conservative, Inflation Hedged

Do you have a job with a 401k or something similar? I hope you are at least investing enough to get the match. Look for low-ER index funds and ask about them here if you wish. Read the Wiki, starting with Getting Started, and some recommended books. Don't get suckered in with someone who wants to &q...
by BL
Wed Jul 16, 2014 9:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: 24 Years Old Looking for Conservative, Inflation Hedged Port
Replies: 10
Views: 717

Re: New to Forum- please provide opinions on existing AA

I-bonds come due so taxes must be paid at 30 years if not cashed in before. They do not have state taxes. Unless you expect to be in a lower tax bracket then, you might not want them except for shorter-term savings.
by BL
Wed Jul 16, 2014 5:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to Forum- please provide opinions on existing AA
Replies: 34
Views: 2579

Re: Whole Life Conundrum

Call the Vanguard annuities people ASAP. I have heard they are both knowledgeable and honest. Ask about the 1035 exchange.
by BL
Wed Jul 16, 2014 5:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Whole Life Conundrum
Replies: 22
Views: 1603

Re: New to Forum- please provide opinions on existing AA

OriolesFan89 wrote:Sorry for asking a stupid question here but I thought $17,500 was the limit for 401k's unless you are older?


Yes, that is the regular limit but you can easily change around what funds are in it.
by BL
Wed Jul 16, 2014 5:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to Forum- please provide opinions on existing AA
Replies: 34
Views: 2579

Re: Likely about to lose job, planning for transition

Are you doing everything you can to search for a new job or prepare to search (resume update, networking, finding out where the jobs are, etc.)? It would be easier to get a job while you are still working and it would be good to get a head start if you are dismissed before you have one lined up. Eve...
by BL
Wed Jul 16, 2014 3:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Likely about to lose job, planning for transition
Replies: 21
Views: 2592

Re: New to Forum- please provide opinions on existing AA

Why not buy bonds in 401k with new (and/or old) money if you need bonds?

Edt: Why buy tax-exempt bonds in taxable when you have room for taxable bonds in you tax-advantaged 401k?
by BL
Wed Jul 16, 2014 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: New to Forum- please provide opinions on existing AA
Replies: 34
Views: 2579

Re: Help with fund picks for a new guy.

There is a lot of information on this site in the threads, but especially in the Wiki. It is important to do some studying before you get too stuck in your opinions. Also check out some of the recommended books. Boglehead William Bernstein has published a cheap/free 16-page digital booklet, If You C...
by BL
Wed Jul 16, 2014 8:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with fund picks for a new guy.
Replies: 19
Views: 1742

Re: New Investor with Class A fund blues

There is the option of moving your funds "in kind" to Vanguard or where ever you decide to move them. If you talk to the place you want to move to, they will do most of the work after they have your paperwork. Fortunately the funds are in a 401k so there are no tax consequences. Find out h...
by BL
Tue Jul 15, 2014 12:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Investor with Class A fund blues
Replies: 31
Views: 2034

Re: Question about managed account

If you tell us the management company, someone here may have had experience with it. Anyway, you are paying a management fee (to buy how many different funds?), paying high Expense Ratios (ER), and probably paid a load on each or most purchases. You are lucky to have found this site, and able to lea...
by BL
Tue Jul 15, 2014 2:58 am
 
Forum: Investing - Help with Personal Investments
Topic: Question about managed account
Replies: 17
Views: 1347

Re: Help for parent nearing retirement (unsolicited)

She should probably see the SS people ASAP and figure out which gives her the most continuing income: if his is greater now, then she would want to claim that. If hers will be greater at 70, perhaps she would get his now and delay hers until age 70. There might also be a slight age difference on th...
by BL
Mon Jul 14, 2014 7:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help for parent nearing retirement (unsolicited)
Replies: 17
Views: 1262

Re: Newbie whole life insurance policy question

He has an obvious conflict of interest: what is good for him (high commission) comes out of your pocket. If you dump it he may lose more commission. If you dump him, you will be the one to gain! You have come to the right place. Study, read, ask questions. After a bit, you will be ready to do-it-you...
by BL
Mon Jul 14, 2014 6:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie whole life insurance policy question
Replies: 30
Views: 2285

Re: Help for parent nearing retirement (unsolicited)

She sounds smart if she is delaying SS to increase her payout (the best annuity around) but if she is thinking it is because of her income, that doesn't count after FRA. If she is eligible for ex-spouse or widow (or spouse if married) then she could be drawing on that at FRA and her own at 70. My d...
by BL
Mon Jul 14, 2014 6:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help for parent nearing retirement (unsolicited)
Replies: 17
Views: 1262

Re: Help for parent nearing retirement (unsolicited)

She is going to have to find and look at her stuff even if she has a planner. Finding a reliable planner might not be so easy. If she has accounts at Vanguard, that might be a place to trust, but otherwise the risk is great that she might run into expensive "advice", such as annuities or l...
by BL
Mon Jul 14, 2014 5:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help for parent nearing retirement (unsolicited)
Replies: 17
Views: 1262

Re: Help for parent nearing retirement (unsolicited)

Is she taking SS now? If not, there are choices to be made whether to delay up to age 70 and whether she has widow's or divorced spouse options.
by BL
Mon Jul 14, 2014 3:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help for parent nearing retirement (unsolicited)
Replies: 17
Views: 1262

Re: New to Forum- please provide opinions on existing AA

I am curious why almost all the bonds are in her accounts and almost none in yours?
by BL
Mon Jul 14, 2014 3:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to Forum- please provide opinions on existing AA
Replies: 34
Views: 2579

Re: Mimimize expenses vs. Maximize Roth contribution

Having a Rollover IRA and a Back door Roth should not have anything to do with each other. But my understanding is that it does. Any traditional IRA, whether standard, rollover, SEP, or whatever, counts as part of your total non-traditional IRA balance when deciding how much of your conversion is t...
by BL
Mon Jul 14, 2014 1:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Mimimize expenses vs. Maximize Roth contribution
Replies: 13
Views: 1204

Re: Should I stop investing in my Vanguard IRA?

The old contributions from the 401K before being rolled over was Pre-tax. The contributions now to the rollover IRA are post tax, money that I send in at the end of each month. I hope you are filing an IRS Form 8606 each year you contribute after-tax money to a tIRA. If not, you need to do that for...
by BL
Mon Jul 14, 2014 10:21 am
 
Forum: Investing - Help with Personal Investments
Topic: Should I stop investing in my Vanguard IRA?
Replies: 20
Views: 2265

Re: Help me rebalance, reorganize and refocus my mom

For simplicity, consider the 3-fund portfolio: http://www.bogleheads.org/wiki/Three-fund_portfolio Maybe keep both total bond and inflation bonds. Some use age in bonds, or age - 10. Does she have full or partial SBP (55% of full or designated amount of his pension)? Maximizing everything would be g...
by BL
Sun Jul 13, 2014 9:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me rebalance, reorganize and refocus my mom
Replies: 4
Views: 633

Re: Mimimize expenses vs. Maximize Roth contribution

I agree that moving it all to: S&P 500 index fund (30%): 0.10% expense ratio
This will solve your backdoor problem for now.

Either extended market or small caps will balance it off (ratio 4:1) and total international, too, in Vanguard Roth and/or taxable.
Where are your bonds located?
by BL
Fri Jul 11, 2014 4:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Mimimize expenses vs. Maximize Roth contribution
Replies: 13
Views: 1204

Re: 32 Years old here. New at investing

Vanguard has a page comparing small business plans: https://investor.vanguard.com/what-we-offer/small-business/compare-plans This company has almost all low-cost funds and many index funds. Besides the Boglhead's book, take a look at If You Can by William Bernstein Amazon Kindle for 99 cents or free...
by BL
Fri Jul 11, 2014 4:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: 32 Years old here. New at investing
Replies: 3
Views: 1005

Re: Best ways to help a friend get started?

I suggest considering paying both her ss and tax withholding in addition to regular wages. Why not be generous in legitimate ways? She will probably get a high % of her wages back in ss in retirement. I believe they get 90% of the first $x and 32% of the next $y. So a low-income person can benefit g...
by BL
Wed Jul 09, 2014 10:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best ways to help a friend get started?
Replies: 27
Views: 1745

Re: Best ways to help a friend get started?

Christine_NM: PM us if you like. We understand what you are trying to do, and why. And our situation is rather different, as they don't "need" financial help at this time, although it's still fun to go baby-furniture shopping with them, and have their company on vacations, etc. But you se...
by BL
Wed Jul 09, 2014 4:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best ways to help a friend get started?
Replies: 27
Views: 1745

Re: Tax rate on money won?

Certain winnings are subject to withholding at a 5% rate for Iowa and 25% rate for federal income tax purposes.


http://www.iowa.gov/tax/educate/79102.html

Withholding and actual tax are not necessarily the same.
by BL
Mon Jul 07, 2014 11:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Tax rate on money won?
Replies: 5
Views: 533

Re: How Much To Get Started Investing & What To Invest In?

If you have $1000 you can buy a Target date fund at Vanguard: Target Retirement Fund xxxx (x being the year of retirement). Investing is for money you won't need for at least 10 years. If you have a job, you could put iincome into a Roth IRA.
by BL
Mon Jul 07, 2014 11:09 am
 
Forum: Investing - Help with Personal Investments
Topic: How Much To Get Started Investing & What To Invest In?
Replies: 5
Views: 559

Re: Vanguards Devil's Advocate

How about Dogbert's method: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=142484&newpost=2113697 Not a devil's advocate, but have you watched this video from pbs? http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/ Some people here advocate 5% of portfolio as "play money&q...
by BL
Mon Jul 07, 2014 10:00 am
 
Forum: Investing - Theory, News & General
Topic: Vanguards Devil's Advocate
Replies: 55
Views: 7117

Re: Help with Transferring out of Wells Fargo

I would call Vanguard (or other low-cost broker) and ask about transferring everything in kind. They would guide you and handle most of it. You would need a list of the funds with tickers to see if everything transfers or what you might have to sell first. The loads are already paid so are a sunk co...
by BL
Sun Jul 06, 2014 7:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with Transferring out of Wells Fargo
Replies: 12
Views: 1127

Re: Replace Motor or Buy New Washing Machine?

Do you really like the machine? If not, I wouldn't. I have heard lots of complaints on various types of new ones, so investigate that, also.
by BL
Sun Jul 06, 2014 6:27 pm
 
Forum: Personal Consumer Issues
Topic: Replace Motor or Buy New Washing Machine?
Replies: 24
Views: 1285

Re: Fixing grandma's portfolio

I would think one of the first steps would be to find the cost basis of all the taxable funds, if possible. Then you would see what kind of capital gains you are looking at. Also stop reinvesting any dividends and capital gains. Where are the funds held now and could you move them all to Vanguard or...
by BL
Sun Jul 06, 2014 4:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fixing grandma's portfolio
Replies: 7
Views: 906

Re: Is this target date retirement fund too expensive?

Sometimes it is easy to miss a large cap index fund just by the names they use. Did you (can you) list everything that is 0.5 ER or below? Otherwise you have been given reasonable suggestions based on what you have available. Congratulations on finding Vanguard with its many low-cost funds for your ...
by BL
Sat Jul 05, 2014 9:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Is this target date retirement fund too expensive?
Replies: 16
Views: 1410

Re: Is this target date retirement fund too expensive?

1.22 ER is high. Please post your options with ERs to get some alternate advice. Index funds such as S&P 500 are usually much cheaper. Even if you ignored rebalancing you might come out ahead. Also, learning is good ! Here is a good 16-page book especially for beginners, but a good basic review ...
by BL
Fri Jul 04, 2014 7:50 am
 
Forum: Investing - Help with Personal Investments
Topic: Is this target date retirement fund too expensive?
Replies: 16
Views: 1410

Re: Getting a chunk of money, where should I put it?

The Wiki shows the 3-fund equivalent to Vanguard for Schwab: http://www.bogleheads.org/wiki/3-fund_portfolio I like the Moderate Life Strategy (60/40) at Vanguard, since we don't know your age. Target Retirement are similar if you choose based on bond proportion. I-Bonds at http://treasurydirect.gov...
by BL
Fri Jul 04, 2014 7:38 am
 
Forum: Investing - Help with Personal Investments
Topic: Getting a chunk of money, where should I put it?
Replies: 14
Views: 1945

Re: Buyout Offer and Debt

Check http://www.immediateannuities.com/
to see what $100k would buy.

Sounds like he really needs that annuity and my guess is that it is a good deal.

He really needs to get rid of that CC debt, but am not sure how.
by BL
Thu Jul 03, 2014 10:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Buyout Offer and Debt
Replies: 16
Views: 1179

Re: Brokered funds ?

Taylor Larimore wrote:gabe:

Have you considered abandoning brokerage and simply stay-the-course with a few directly owned index funds?

Best wishes.
Taylor


+1
Excellent advice!
by BL
Thu Jul 03, 2014 9:48 am
 
Forum: Investing - Help with Personal Investments
Topic: Stick with Vanguard or take Fidelity "special deal"?
Replies: 50
Views: 3051

Re: Fidelity customer with Vanguard envy

No real harm in trying, what is there to lose? It is like putting some money in a different bank, it does complicate just a bit, but probably does no harm. Sometimes it is fun to compare, but at my age I would prefer to consolidate.
by BL
Thu Jul 03, 2014 9:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity customer with Vanguard envy
Replies: 13
Views: 1272
Next

Return to advanced search