Search found 3857 matches

by BL
Wed Jul 29, 2015 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1821

Re: Looking to Simplify Portfolio

I guess if you love to pay taxes there is no problem. I prefer to limit that. :) Otherwise I would attempt to place income-producing funds into retirement accounts as much as possible. I understand certain income-producing funds such as REITs should not be in taxable accounts for that reason as wel...
by BL
Wed Jul 29, 2015 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1821

Re: Looking to Simplify Portfolio

Yes, non-qualified dividends are not considered tax-efficient in general, especially if you don't need them to live on. Take a look at your 1099 and see how much of the dividends are qualified (which are taxed at CG rate). Whatever dividends are not qualified are taxed at your regular tax rate. Als...
by BL
Wed Jul 29, 2015 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1821

Re: Looking to Simplify Portfolio

Yes, non-qualified dividends are not considered tax-efficient in general, especially if you don't need them to live on. Take a look at your 1099 and see how much of the dividends are qualified (which are taxed at CG rate). Whatever dividends are not qualified are taxed at your regular tax rate. Also...
by BL
Wed Jul 29, 2015 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Starting a retirment account. High expense 457 vs. Roth IRA
Replies: 8
Views: 628

Re: Starting a retirment account. High expense 457 vs. Roth IRA

I doubt that you can remove money from your 457 until you stop working. See if there is an index fund(s) in your plan. They may be cheapest (low-ER). There is probably also an annual fixed cost to participate in the 457, no matter how little you invest. I recall a plan with $20/year a long time ago.
by BL
Tue Jul 28, 2015 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401k and Roth are in Target Date Funds MAXED... What about taxable account?
Replies: 4
Views: 418

Re: 401k and Roth are in Target Date Funds MAXED... What about taxable account?

I have no experience with rentals. Am not handy and wouldn't like those late night calls that the toilet is plugged! I might choose REITs, but not in a taxable account.
by BL
Tue Jul 28, 2015 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: 401k and Roth are in Target Date Funds MAXED... What about taxable account?
Replies: 4
Views: 418

Re: 401k and Roth are in Target Date Funds MAXED... What about taxable account?

Here are a couple pages you may wish to read in the Wiki: https://www.bogleheads.org/wiki/Principles_of_tax-efficient_fund_placement#Tax_efficiency_of_bonds The 3-fund portfolio (your target fund is mostly this), but you may need tax-free bonds depending on income: https://www.bogleheads.org/wiki/Th...
by BL
Tue Jul 28, 2015 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: When to take Social Security survivor benefit
Replies: 5
Views: 383

Re: When to take Social Security survivor benefit

It is important that you find out what your personal SS PIA would be (assuming you worked at least 40 quarters or ~10 years.) Then you could find out what you would get at age 62 - 66, or 70 there vs. age 60 to 66 for survivor. For example, take SS age 62 to 66 from your earnings, delay survivor's S...
by BL
Tue Jul 28, 2015 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Newlywed and new career--advice for starting out?
Replies: 3
Views: 324

Re: Newlywed and new career--advice for starting out?

I wouldn't listen to your father as expenses matter the most, but that is just me. Only funds I would use in your 401k right now: 1) MM S&P 500 Index (Northern Trust) MIEZX (.23) 2) MM Russell 2000 Small Cap Index (Northern Trust) MCJZX(.25) - 80% S&P + 20% Small = Total US Stock 3) Sel Met...
by BL
Tue Jul 28, 2015 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1082

Re: Setting up new portfolio

Portfolio composition Equity sector diversification Total Stock Mkt Idx Adm as of 06/30/2015 CRSP US Total Market Index as of 06/30/2015 Basic Materials 2.70% 2.70% Consumer Goods 9.80% 9.80% Consumer Services 14.00% 14.00% Financials 19.00% 19.10% Health Care 14.40% 14.30% Industrials 12.30% 12.30...
by BL
Tue Jul 28, 2015 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Taxable income computation by Vanguard
Replies: 25
Views: 1005

Re: Taxable income computation by Vanguard

AFAIK, you report sale of this fund with VARIOUS as date of purchase of the uncovered shares (as one transaction). I suggest you do it on the paper forms using their instructions. You found it: Note. You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was re...
by BL
Tue Jul 28, 2015 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1821

Re: Looking to Simplify Portfolio

Since the tax-advantaged funds can be sold without tax consequences, only the taxable account must be considered with regard to cost/benefit concerns: UBS Taxable Account - 31.84% 4.0 % Cash 5.26% American Funds Growth Fund of America (AGTHX) (.66) (+$15,000) 5.21% American Funds AMCAP (AMCPX) (.68)...
by BL
Tue Jul 28, 2015 8:11 am
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 94
Views: 4542

Re: wife got in wreck with Honda CRV - no collison coverage

Or, I can get an older used Honda for my wife, as I am nervous about her having another accident and spending money for nothing. I have 2 small children , so I am uneasy about getting a used Honda Fit Sport or something that small for her. I would be even more concerned about the safety of your chi...
by BL
Mon Jul 27, 2015 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Younger guy, could use some advice
Replies: 5
Views: 685

Re: Younger guy, could use some advice

Congratulations on getting a good start on investing! You might want to read this little booklet by a Boglehead-recommended author: http://www.etf.com/docs/IfYouCan.pdf You are fortunate in that you have the Spartan index funds in your IRA as a low-ExpenseRatio choice. The Freedom funds are too expe...
by BL
Mon Jul 27, 2015 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to Simplify Portfolio
Replies: 41
Views: 1821

Re: Looking to Simplify Portfolio

You have taken the first step in getting out of this expensive mess. I realize you are pretty busy but there is a nice little booklet written by one of the recommended authors that put things in a nutshell for new investors: http://www.etf.com/docs/IfYouCan.pdf I suggest you give Vanguard a call wit...
by BL
Mon Jul 27, 2015 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA with Vanguard- Assist with fund choices
Replies: 6
Views: 362

Re: Roth IRA with Vanguard- Assist with fund choices

You might take a look at William Bernstein's little booklet online and decide whether this is suitable and short enough for her to read. It gets through the basics and has additional book suggestions (but not his books!). I believe I read here that he wrote it for his children who were just starting...
by BL
Mon Jul 27, 2015 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give...Salary bumping up from 37k to 45k annually
Replies: 15
Views: 1323

Re: What advice would you give...Salary bumping up from 37k to 45k annually

Congratulations! That is indeed a big raise. If you post the available funds, their ticker symbol, and ER% (expense ratio) you can get help here choosing the funds. Usually the Spartan index funds are the low cost ones. Sometimes there are target INDEX funds available but usually the more expensive ...
by BL
Mon Jul 27, 2015 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA with Vanguard- Assist with fund choices
Replies: 6
Views: 362

Re: Roth IRA with Vanguard- Assist with fund choices

I might suggest having her look at the Life Strategy funds and choose one based on desired risk, as having everything crash in a market crash might make it "all your fault!" and create panic as well. They come in Aggressive (80/20 stocks/bonds), moderate (60/40), Conservative (40/60), and ...
by BL
Mon Jul 27, 2015 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Helping Mom - I'm Concerned About Her Advisor
Replies: 24
Views: 1799

Re: Helping Mom - I'm Concerned About Her Advisor

For an example of a moderately aggressive portfolio for her age I would look at Vanguard Life Strategy Moderate (60% stock fund/40% bond fund): Total stock market, total international, total bond, and international bond. I believe this would be something like what the V adviser service would set her...
by BL
Sun Jul 26, 2015 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: I'm a spender?
Replies: 44
Views: 5719

Re: I'm a spender?

I highly recommend you defer taxes by contributing the max 18k to 401k and also save on future tax on gains by contributing 5.5K to Roth IRA by backdoor Roth (see Wiki). I think paying off loans before putting more retirement money into taxable accounts is a very good idea. (Also before going on a s...
by BL
Sun Jul 26, 2015 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard question. What to do with 80,000k in cash
Replies: 11
Views: 1404

Re: Vanguard question. What to do with 80,000k in cash

Here is a short booklet to get you started: http://www.etf.com/docs/IfYouCan.pdf You don't say what your current accounts are in or what their Expense Ratios (ER) are. You need to know exactly what you have and what each ER is, before deciding on going on further. Agree that maxing 401k and Roth IRA...
by BL
Sun Jul 26, 2015 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Expense ratio question
Replies: 12
Views: 870

Re: Expense ratio question

Domer, you have good answers, and you should also know that expenses are taken before the total return is reported. Don't conclude that expenses don't matter and you should only consider total return. If two funds are seemingly identical and have the same return, but one costs 1% more than the othe...
by BL
Sun Jul 26, 2015 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Expense ratio question
Replies: 12
Views: 870

Re: Expense ratio question

It is never higher than the highest nor lower than the lowest. You can't just add up percents!
by BL
Sat Jul 25, 2015 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) loan and I'm changing jobs
Replies: 17
Views: 1143

Re: 401(k) loan and I'm changing jobs

Don't put additional charges on any CC you have a cash advance with or you may be paying charges on that.
by BL
Sat Jul 25, 2015 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3390

Re: Inexperienced Trustee

The above sounds worthwhile to consider as you could avoid authorities looking over your shoulder and taxes might be better. You could still invest as you decide and for your sister if she agrees; also you or she could also use the 0.3% adviser (or other) mentioned if someone is more comfortable tha...
by BL
Sat Jul 25, 2015 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 30
Views: 1372

Re: Asset allocation / rebalancing with very small portfolio

You have Spartan funds which usually have a low ER, and are good index funds: SPTN US BOND IDX ADV SPTN TOT MKT IDX ADV SPTN GLB XUS IDX ADV SPTN INTL INDEX ADV I defer to expert opinion that GLB is better. The above is basically the 3-fund portfolio in the % you desire. I don't see much harm in the...
by BL
Sat Jul 25, 2015 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1082

Re: Setting up new portfolio

Agree that you should use whatever you have to put $18k into 401k and $5.5k into Roth IRA. Since you may have to pay a penalty at your age to take extra from the IRA, not sure about doing that. If no penalty, it would just be a break-even: tax on withdrawals, same tax-deferral on 401k contributions....
by BL
Sat Jul 25, 2015 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3390

Re: Inexperienced Trustee

with over $200K in cash now, awaiting an opportunity to swoop in and buy something marvelous when it is at a low point.

This is good, avoid buying any more until you have decided where to move it. Can you direct them in writing/email to leave it in cash?
by BL
Sat Jul 25, 2015 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3390

Re: Inexperienced Trustee

One balanced fund might work if you can figure out what % of bonds you want. Vanguard Life Strategy Conservative, for instance, is 40% stocks/60% bonds and requires no action except having 6% withdrawn annually if that is the plan. There are other funds with LS income 80% bonds, Target income 70 %,...
by BL
Fri Jul 24, 2015 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Reversion vs. Life Insurance
Replies: 7
Views: 571

Re: Retirement Reversion vs. Life Insurance

You just got a reply from someone who really knows life insurance (mephistophles)!
by BL
Fri Jul 24, 2015 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Reversion vs. Life Insurance
Replies: 7
Views: 571

Re: Retirement Reversion vs. Life Insurance

Does your pension have some kind of COLA increases? Does it have a bounce-back if spouse dies? Do you have various possibilities (100%, 50%, etc)? Does your adviser also sell insurance or investment products (conflict of interest)? Would your spouse have adequate money (retirement funds) to survive ...
by BL
Fri Jul 24, 2015 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3390

Re: Inexperienced Trustee

One balanced fund might work if you can figure out what % of bonds you want. Vanguard Life Strategy Conservative, for instance, is 40% stocks/60% bonds and requires no action except having 6% withdrawn annually if that is the plan. There are other funds with LS income 80% bonds, Target income 70 %, ...
by BL
Fri Jul 24, 2015 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for First Investments
Replies: 3
Views: 209

Re: Advice for First Investments

Here is some good information for newbies:
http://www.etf.com/docs/IfYouCan.pdf

Suggestions are for retirement investing. Short-mid term (5-10 years) should be quite conservative if you expect it to be available exactly when you want it. Less than 5 years maybe not invest at all.
by BL
Fri Jul 24, 2015 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401b or roth 401b
Replies: 3
Views: 257

Re: 401b or roth 401b

There is not enough information. It looks like you would, at age 70+, have about 80k RMD (roughly 4%) + 85% of SS for income, so 22k+ (SD + 2 exemptions) subtracted from that would bring it into the 25% tax bracket. This would increase as you both get older or there is just one survivor. Are you exp...
by BL
Fri Jul 24, 2015 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Son wants to invest
Replies: 7
Views: 804

Re: Son wants to invest

Suggest you also follow the other thread written by a son?
Investing as a High Schooler
by BL
Fri Jul 24, 2015 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Investing as a High Schooler
Replies: 12
Views: 1059

Re: Investing as a High Schooler

Welcome to the forum! I am very impressed that you have started investing at such a young age. By the time you retire, you should be a multi-millionaire. You can learn a lot from this forum and by reading the wiki. I would suggest you start with the wiki, appropriately titled getting started: http:...
by BL
Thu Jul 23, 2015 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter & Husband portfolio rebalance
Replies: 15
Views: 1808

Re: Daughter & Husband portfolio rebalance

Well, you could keep them in an online savings account for a bit of interest, or in your checking account for FDIC protection, also. They are not doing anything there, are they? Again, not so critical as interest is minimal all over.
by BL
Thu Jul 23, 2015 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter & Husband portfolio rebalance
Replies: 15
Views: 1808

Re: Daughter & Husband portfolio rebalance

Winsome, It is apparent to me that your daughter and husband want your help, or they would not have shared their account info :) Now your title makes sense :) In general, funds with less than 10% and surely less than 5% of total holdings do little to add diversity and growth compared to the complex...
by BL
Thu Jul 23, 2015 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Greatly appreciate advice for my personal finances.
Replies: 26
Views: 2520

Re: Greatly appreciate advice for my personal finances.

I went searching for the very long 3-fund portfolio thread and came upon Taylor's blog, which has the advantages in a nutshell including quotes from many authors: http://www.bogleheads.org/blog/the-three-fund-portfolio/ There are also some good comments from our long-time experts in this shorter thr...
by BL
Thu Jul 23, 2015 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Greatly appreciate advice for my personal finances.
Replies: 26
Views: 2520

Re: Greatly appreciate advice for my personal finances.

I just started looking on website and now hit with a new question if anyone would be kind to talk me through it: I guess I am not sure what the advantage is for an ETF type index fund versus a standard index fund. In a taxable account is one better than the other for my purposes? I have never had a...
by BL
Thu Jul 23, 2015 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 20
Views: 1406

Re: Life Insurance

Why consider a policy for my wife if she isn't an earner? What would it take to watch the kids if you have to work? If she has no earnings, there would not be SS for them if she died. 20 year max should do it, even 15 but that may not reduce premium so much as it is less common. Only you can check ...
by BL
Thu Jul 23, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Expats: What next for taxable accounts?
Replies: 3
Views: 607

Re: Expats: What next for taxable accounts?

You could exchange stock funds (total US stock & total international) in your IRAs for bonds and buy those stocks in taxable. If you run out of bond space in other accounts you can just buy a tax-exempt bond fund in taxable or buy CDs instead.
by BL
Thu Jul 23, 2015 8:23 am
Forum: Personal Consumer Issues
Topic: Magazine Subscriptions
Replies: 37
Views: 2686

Re: Magazine Subscriptions

The only time I recall being scammed was with a subscription service that I heard good things about (it had 4 initials: like XXXX). The website had a BBB stamp of approval and certainly looked legitimate. After charging about $16, I waited a few months before checking on it and didn't get response b...
by BL
Thu Jul 23, 2015 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Family budget advice
Replies: 14
Views: 1827

Re: Family budget advice

I suggest you do a little homework on your own before discussing it with FIL. At least look up rates for term insurance on a website like term4sale (no connection to me) so you know what the rate is (annual is cheaper) that you can get from an independent broker. Older folks (like me) sometimes are ...
by BL
Wed Jul 22, 2015 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 20
Views: 1406

Re: Life Insurance

I don't know what your expenses are per year, what your mortgage and other debts are, how many kids and how long they might receive Social Security to about age 18 (and non-working spouse until kids turn 16 if below work income limits), whether you need to cover college costs, whether spouse has or ...
by BL
Wed Jul 22, 2015 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 20
Views: 1406

Re: Life Insurance

I have a good insurance broker and I'm going to inquire about life insurance with them but I thought I'd bring it up with you guys first. Any advice on how to go about this? Do you have a spouse and/or child that depend on your income? If so, consider term insurance. term4life.com supposedly is a g...
by BL
Wed Jul 22, 2015 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Another Newbie [current military]
Replies: 17
Views: 787

Re: Another Newbie [current military]

The L fund is very diversified, very cheap (low-ER), and very simple (all you do is add money!). It is made up of other TSP funds in various proportions, depending on your risk level (target date). Pick the one with the desired % of bonds (age in bonds or at least 10%). If you have very low taxes, t...
by BL
Wed Jul 22, 2015 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Father passed - helping my mom invest her assets
Replies: 24
Views: 2491

Re: Father passed - helping my mom invest her assets

If your father just passed away, it may be way too soon to make decisions about the house or any other big decisions, except those absolutely required. It is often recommended to wait about a year after death. There are just too many overwhelming changes to deal with right now.
by BL
Tue Jul 21, 2015 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Liquidating [funds in UTMA account]
Replies: 15
Views: 1165

Re: Liquidating [funds in UTMA account]

Assuming I needed the funds for on going expenses, I would probably sell the one of the other two with higher capital gains if my tax bracket was very low. If my bracket was high I would sell the one with lower capital gains. There may be a tax situation when it would advantageous to sell VTI despi...
by BL
Tue Jul 21, 2015 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Greatly appreciate advice for my personal finances.
Replies: 26
Views: 2520

Re: Greatly appreciate advice for my personal finances.

Vanguard has a Reit fund (appropriate for IRAs) that might satisfy your urge to own real estate. Some people have the 3-fund portfolio (see Wiki) and also tilt a bit toward REIT. Thanks for the advice. I actually just added a Vanguard REIT to my 401k at work. According to the Boglehead book they su...
by BL
Tue Jul 21, 2015 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Greatly appreciate advice for my personal finances.
Replies: 26
Views: 2520

Re: Greatly appreciate advice for my personal finances.

Vanguard has a Reit fund (appropriate for IRAs) that might satisfy your urge to own real estate. Some people have the 3-fund portfolio (see Wiki) and also tilt a bit toward REIT.

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