Search found 133 matches

Return to advanced search

Re: Where is your brokerage account?

I have my accounts at Vanguard, both Mutual Fund and Brokerage accts. I haven't purchased any etf's or individual stocks through Vanguard. I hold several individual stocks that I transferred to Vanguard from my past employer's 401k administrator. All Vanguard does in reference to the brokerage holdi...
by Billyboy
Thu Jul 24, 2014 1:24 am
 
Forum: Investing - Help with Personal Investments
Topic: Where is your brokerage account?
Replies: 35
Views: 1686

Re: how often do you look at your account

Usually once a day, M-F, except when the US markets are closed. I always check in the morning at months end or when I expect dividends and/or capital gains to be paid out so I can update my records as to increased shares, revised cost basis, etc. at the site I use to keep such records. I check my in...
by Billyboy
Sun Jul 20, 2014 10:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: how often do you look at your account
Replies: 70
Views: 3533

Re: How exactly does Vanguard's RMD service work? Rebalancin

I started using Vanguards RMD service this year. It was quite easy to set-up. Vanguard took the total value of my various IRA accounts at Vanguard on December 31, 2013. They then used IRS Publication 590 to determine my life expectancy factor of 26.5. They took my total IRA balances and divided them...
by Billyboy
Sat Jul 19, 2014 4:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 44
Views: 3554

Re: Investment for future growth

Looks good to me. Change that typo 'K' should be 'X' and you are good to go. (Perhaps look into getting some reading glasses? :) ) Vanguard will switch the funds to the share class with lower expense ratios for you, but if you want to solve a puzzle: What are the ticker symbols for the cheaper shar...
by Billyboy
Mon Jun 23, 2014 12:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Investment for future growth
Replies: 3
Views: 343

Re: Self Coverage in the Absense of Long Term Care Ins.

richard wrote:The cost varies by state. Here's one survey, which was the first hit I got from googling cost of long term care, https://www.genworth.com/corporate/abou ... -care.html

Great site. Thanks Richard,
Bill
by Billyboy
Sat Jun 14, 2014 12:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Self Coverage in the Absense of Long Term Care Ins.
Replies: 13
Views: 1111

Re: Self Coverage in the Absense of Long Term Care Ins.

This thread is now in the Personal Finance (Not Investing) forum (insurance). Don't know if I am on the correct forum; however, here goes It's not a problem, we'll answer your question anywhere. I just like to keep things organized (what a site admin does). :) Descriptions are listed under each for...
by Billyboy
Fri Jun 13, 2014 11:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Self Coverage in the Absense of Long Term Care Ins.
Replies: 13
Views: 1111

Self Coverage in the Absense of Long Term Care Ins.

Don't know if I am on the correct forum; however, here goes. Are there any ballpark figures, :dollar a couple should set aside for long term care, when unable to qualify for such insurance? I realize there are many factors, all of which are unknown as no one can foresee the future. Perhaps a rule of...
by Billyboy
Fri Jun 13, 2014 3:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Self Coverage in the Absense of Long Term Care Ins.
Replies: 13
Views: 1111

Re: Is the first million really the hardest?

It is like watching the scoreboard saying the Yankees are up in the 3rd inning. Doesn't mean much. Puts the "game" out of reach much more quickly, to the point you can start laughing/joking/RELAXING in the 4th inning. Hell I'd like to think the "Mercy Rule" would kick in and end...
by Billyboy
Fri Jun 13, 2014 3:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is the first million really the hardest?
Replies: 64
Views: 7755

Re: Is the first million really the hardest?

I found the 1st million to be the hardest to reach. It took us 30 years. I was 100% equities and 55 years old when we reached the 1 million mark. It took another 10 yrs. for the 2nd million, aided by a bull market. We're proof that you don't have to have high paying salaries to reach your goals, if ...
by Billyboy
Thu Jun 12, 2014 11:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is the first million really the hardest?
Replies: 64
Views: 7755

Re: "Is Bogle Befuddling?"

Boy, Taylor, you are very quick, as usual. Your post beat mine by 4 minutes. I figured someone had to have seen the article before I did. Guess I should have done a search B/4 posting! If I knew exactly how to do it. :oops:
by Billyboy
Tue May 20, 2014 3:34 pm
 
Forum: Investing - Theory, News & General
Topic: "Is Bogle Befuddling?"
Replies: 57
Views: 7047

Is Bogle Befuddling?

FYI: In case it hasn't come up yet on these boards, there's an article dated 5/20/2014(today) on Morningstar concerning Mr. Bogle. :happy
by Billyboy
Tue May 20, 2014 2:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is Bogle Befuddling?
Replies: 2
Views: 455

Re: When did you tell your children how much you had amassed

If I had it to do over, I would not have told ANYONE in my family, including my spouse, how much I was worth. Of my two daughters, who I put through a very good local State College, ages 46 and 43; the 43 year old, a single mom has a high paying job and saves the maximum she can possibly save. She d...
by Billyboy
Sun May 18, 2014 12:59 am
 
Forum: Investing - Help with Personal Investments
Topic: When did you tell your children how much you had amassed
Replies: 135
Views: 10918

Re: Transfer securities from IRA to satisfy RMD?

As usual, I must be missing something, or just plain didn't read some of the posts. Seems that everyone is making the distribution of RMD's so complicated. I just keep enough in my short term bond fund to take the RMD distribution, PLUS enough in the same bond fund to cover all the taxes owed on the...
by Billyboy
Wed Apr 30, 2014 10:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Transfer securities from IRA to satisfy RMD?
Replies: 12
Views: 682

Re: Fixed income % at retirement

I retired at age 61 with about 15-20% fixed income. Prior to that I was probably 10% fixed. Currently, at age 70, I've gradually moved to 45-50% fixed.
by Billyboy
Fri Apr 25, 2014 10:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fixed income % at retirement
Replies: 41
Views: 9498

Re: Poll: TIP or VTIP

I put "other" since I have Vanguard Short-Term Inflation-protected Securities, Adm. shares (VTAPX).
by Billyboy
Wed Apr 02, 2014 9:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Poll: TIP or VTIP
Replies: 11
Views: 665

Re: Hit a minor milestone today...

Congratulations. :sharebeer I was never able to max mine out; however, for many of the raises I received, I upped my 401k contribution by about the same amount.
by Billyboy
Fri Mar 14, 2014 4:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Hit a minor milestone today...
Replies: 21
Views: 2812

Re: Does This Person Need Umbrella Ins Coverage?

I'm married with two adult children out on their own. If I have 2.3 mil in financial assets plus I own a house, #making payments# have about $250,000.00 in equity, with a double fenced, in-ground pool, two cars, maybe $100,000 in personal effects, how much of an umbrella policy should I realistical...
by Billyboy
Fri Mar 14, 2014 4:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does This Person Need Umbrella Ins Coverage?
Replies: 64
Views: 4825

Re: Does This Person Need Umbrella Ins Coverage?

I'm married with two adult children out on their own. If I have 2.3 mil in financial assets plus I own a house, (making payments) have about $250,000.00 in equity, with a double fenced, in-ground pool, two cars, maybe $100,000 in personal effects, how much of an umbrella policy should I realisticall...
by Billyboy
Thu Mar 13, 2014 11:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does This Person Need Umbrella Ins Coverage?
Replies: 64
Views: 4825

Re: % of annual income saved compared to final portfolio goa

Retired at 61 and met 1st goal of $1mil. @ age 55 saving .018% (of course that's NOT the whole enchilada. You have stock appreciation compounding dividends, etc.).
Reached 2nd goal of $2 mil @ age 65 saving .0%
by Billyboy
Mon Mar 10, 2014 6:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 2683

Re: Be careful with Turbotax [Importing data from Vanguard]

I manually input all info into Turbo Tax. The only financial info I have ever imported was my Vanguard and Ally holdings to my Bank Of America, Investment site where everything is updated automatically for easy to follow and complete info.
by Billyboy
Wed Feb 26, 2014 12:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Be careful with Turbotax [Importing data from Vanguard]
Replies: 20
Views: 2671

Re: Transaction recorded incorrectly on VG Website

Before transferring all my financial assets to Vanguard, I had a situation with the large mutual fund company out of Baltimore, Md. concerning some erroneous information they verbally gave me over the phone concerning NUA's. Their error would have cost me almost $20,000 in taxes. After numerous call...
by Billyboy
Fri Feb 07, 2014 12:15 am
 
Forum: Investing - Help with Personal Investments
Topic: Update: Transaction recorded incorrectly
Replies: 24
Views: 2544

Re: Tell me why I should not be overweight midcap index

I've held Vanguard's Mid-Cap Index (VIMAX) for four or five years now and it has performed very well. It has the best record for 1,5 and 10yr. comparison to the S&P and Total Stock Mkt. The 3 yr. return is/was less than 1% lower. I recently sold a substantial amount of VIMAX in order to become m...
by Billyboy
Fri Jan 31, 2014 6:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tell me why I should not be overweight midcap index
Replies: 29
Views: 2215

Re: Would Appreciate New Years Review Of My Portfolio

AndrewXnn,
I really appreciate all the time and effort you've put into your posts answering my questions.
Thank you very much.
Bill
by Billyboy
Sun Jan 26, 2014 11:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

People tend to recommend international equities because they can appreciate if the US markets weaken. Over the last several years, just the opposite has occurred due in part to the oil boom and accommodative Federal policies. Of course, someday it could go the other way, but in the meantime be prep...
by Billyboy
Sun Jan 26, 2014 1:41 am
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

Billyboy, I had hopes some one brighter than I am would show up and provide decent advice - but, I'll try to answer some of the outstanding questions. I think you've done a fine job and I appreciate it. BTW since you are around 50/50, why do you bring up age in bonds in my case? 30/70. My pension, ...
by Billyboy
Sun Jan 26, 2014 12:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

Hopefully my responses will be in blue How would you consolidate my current holdings if I may ask? OK. I'll take a stab at it. I don't believe I read what asset allocation you decided on. And your pension, SS and RMDs cover most (?) of your expenses. So you may be able to handle a more aggressive A...
by Billyboy
Sat Jan 25, 2014 5:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

Bump-t-bump-bump (One Attempt is all, promise :D )
by Billyboy
Fri Jan 24, 2014 7:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

Shouldn't a large part of your decision be driven by the extent to which you need your investments to supplement your pension/SS income? I feel like the missing part of the picture here is what your total annual expenditures (including taxes) are (and by "are" you could also think of this...
by Billyboy
Thu Jan 23, 2014 10:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

RadAudit May I ask how close you are to retirement, your current allocation, and your asset allocation goal? Thanks again. Bill Sure. I'm 67 and I retired in late 2010. My current allocation is approximately (I'm not going back for rounding errors and I hope the symbols are correct): Domestic Stock...
by Billyboy
Thu Jan 23, 2014 9:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

I take it that you are in the 3 or 4 fund camp. Total Stock Mkt., Total International, Total Bond with possibly Tips Fund? I may not have made it all the way to the campgrounds, yet; but, yes, I'm trying to get there. From what little I know - and if the indices are correct - it's a pretty good app...
by Billyboy
Thu Jan 23, 2014 3:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: Would Appreciate New Years Review Of My Portfolio

RadAudit, Thanks for the bump and the advice. All is appreciated. I like your candor. Question #1. This is kinda why I'm confused, conventional wisdom is 30% in International, whereas, others on this site have said no International needed. #4 Opinions do vary greatly. Isn't it J. Bogle, who has said...
by Billyboy
Wed Jan 22, 2014 11:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: 100% Equities until age 55-58

I'd go for it. It worked for me. Of course, that doesn't mean it will for you. :sharebeer
by Billyboy
Wed Jan 22, 2014 6:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: (UPDATE: Scratch This Plan) 100% Equities until age 55-ish
Replies: 106
Views: 6947

Would Appreciate New Years Review Of My Portfolio

I've made a few changes to my holdings since my last visit and would appreciate you fellow Bogleheads to take a look and make any comments and recommendations on what I have and any changes/recommendations that you might suggest. Emergency Fund: None, if needed use Short Term Bonds in portfolio. Deb...
by Billyboy
Wed Jan 22, 2014 6:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Would Appreciate New Years Review Of My Portfolio
Replies: 18
Views: 1582

Re: POLL: Investing vs. pay down mortgage feelings

Have had three houses over a period of 42 years, all with 30 yr. fixed loans. Re-fied at least 4 or 5 times, both with cash out, (pay for living expenses, college for my two daughters, their first cars, weddings, remodeling) and no cash out, lowering interest rate, (currently 3.625%). Always maxed ...
by Billyboy
Sun Jan 19, 2014 4:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: POLL: Investing vs. pay down mortgage feelings
Replies: 79
Views: 3890

Re: POLL: Investing vs. pay down mortgage feelings

Have had three houses over a period of 42 years, all with 30 yr. fixed loans. Re-fied at least 4 or 5 times, both with cash out, (pay for living expenses, college for my two daughters, their first cars, weddings, remodeling) and no cash out, lowering interest rate, (currently 3.625%). Always maxed o...
by Billyboy
Sat Jan 18, 2014 10:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: POLL: Investing vs. pay down mortgage feelings
Replies: 79
Views: 3890

Re: RMD's

Thanks Watty. That's an optimistic way of looking at it! Of course, the date 12/31/2013, in which this years RMD withdrawal starts for me, ended at the high followed by a down market today. I'm sure there must be something positive with that, but it escapes me at the moment. ha
by Billyboy
Thu Jan 02, 2014 6:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's
Replies: 18
Views: 1584

Re: RMD's

Retread wrote:
Billyboy wrote:It helped me attain a low 7 figure portfolio...

Your RMD would indicate an IRA of about $2.3 million. Is that correct? Just being sure because of your description above.
Bruce
Yes, however, my RMD's are based on a little less than that because I still have some after tax money.
by Billyboy
Tue Dec 31, 2013 11:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's
Replies: 18
Views: 1584

Re: RMD's

Thanks for your responses. As to trying to get away with it, that wasn't my intent. I would, of course, pay all the taxes I owe. Just blue skying it for another option of paying them. When I started investing in my late teens or early 20's, there of course weren't any 401k's, Roth's, etc. Whenever t...
by Billyboy
Tue Dec 31, 2013 6:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's
Replies: 18
Views: 1584

Re: RMD's

Thanks. I was 99.999% sure I couldn't get away with it :thumbsdown :thumbsdown
by Billyboy
Mon Dec 30, 2013 5:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's
Replies: 18
Views: 1584

RMD's

I have to start withdrawing RMD's in 2014. My calculations show they could be almost $83,000/yr. Undoubtedly a very crazy question; however, here goes anyway. If I were to purchase a second residence and including taxes, withdraw $830,000, there's no way of counting this as future RMD's is there? :t...
by Billyboy
Mon Dec 30, 2013 4:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's
Replies: 18
Views: 1584

Re: Required Minimum Distribution

Wow :? After my stupid question I'm more confused. No one's fault but mine. I should have said that Vanguard would need to write the check made out to whatever charity I would choose, and maybe even have them send it directly to the charity to be on the safe side.
Thanks All,
Bill
by Billyboy
Fri Nov 15, 2013 7:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Required Minimum Distribution
Replies: 26
Views: 1477

Re: Required Minimum Distribution

Stupid, that I'm asking, but as an example, If I had an RMD of $80,000 next year, and if still a viable option in 2014, I could write a check to a charity (QCD) for $80,000 and not have to withhold anything; however, I could not show it as a charitable deduction. The positive outcome, therefore, wou...
by Billyboy
Fri Nov 15, 2013 5:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Required Minimum Distribution
Replies: 26
Views: 1477

Re: Retirement investments re-reallocation

Sorry for all your work, laying this all out with no results. I believe a few of the helpful Bogleheads have jumped ship or are laying low. There are still quite knowledgeable people on this site. I know I have received excellent advice over the years; however, recently I see very few posts from tho...
by Billyboy
Thu Nov 14, 2013 5:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retirement investments re-reallocation
Replies: 13
Views: 1480

Re: Do Bogleheads have a number?

I had a number. I hit it. I quit working. Don't let your number 'creep' up. Life is too short. Unless work is your passion, stop when you get to your number. And spend those years doing whatever it is that makes your soul smile. +1 or +2, can't keep track. I set out to hit $1M. I did at age 55. Ret...
by Billyboy
Mon Nov 11, 2013 6:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads have a number?
Replies: 118
Views: 11416

Re: POLL: What is your rate of return YTD?

Retired. 4.2% after withdrawing 2.6%.
by Billyboy
Sat Oct 19, 2013 3:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: POLL: What is your rate of return YTD?
Replies: 89
Views: 6231

Re: T Rowe Price Portfolio Manager gone bad?

Thought some of you would be interested in the T.R. Price's response. Hopefully, it'll be taken care of. I didn't realize this thread had already covered this subject. T.Rowe Price Portfolio Manager Postby Billyboy » Sun Sep 01, 2013 3:58 pm Hello all, If any of you use the Morningstar Portfolio Man...
by Billyboy
Tue Sep 03, 2013 6:41 pm
 
Forum: Investing - Theory, News & General
Topic: T Rowe Price Portfolio Manager gone bad?
Replies: 6
Views: 1552

Re: T.Rowe Price Portfolio Manager

Thanks for the link whaleknives. Hadn't noticed it.
Do hope I get my info back.
by Billyboy
Sun Sep 01, 2013 11:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: T.Rowe Price Portfolio Manager
Replies: 2
Views: 480

T.Rowe Price Portfolio Manager

Hello all, If any of you use the Morningstar Portfolio Manager tool at T.R.P., are you having any problems with their format of the tool? Within the last two or three days there is a complete different format, now like the Morningstar format, which I don't care for at all. My biggest problem though ...
by Billyboy
Sun Sep 01, 2013 6:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: T.Rowe Price Portfolio Manager
Replies: 2
Views: 480

Re: Recap of Portfolio in transition and Bogleheads input ne

Paul, 1. Everything I have is at Vanguard with the exception of my cash at Ally. 2. Since I had individual stocks I had to have them in a Vanguard Brokerage Acct. The Brokerage Acct. is handled by Vanguards Brokerage Dept. and the Vanguard Funds are handled by a different department. I'll check furt...
by Billyboy
Fri Aug 23, 2013 4:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Recap of Portfolio in transition and Bogleheads input needed
Replies: 10
Views: 898

Re: Recap of Portfolio in transition and Bogleheads input ne

Thanks pkcrafter. My comments are as follows. Thanks pkcrafter for your reply. With 50%, ($1.1 mil) in equities, I could actually take a 40-50% hit in a severe downturn, correct? ($400,000-$500,000)!! I don't like the sound of that; however, I don't really see a reason for going below 50% in equiti...
by Billyboy
Thu Aug 22, 2013 8:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Recap of Portfolio in transition and Bogleheads input needed
Replies: 10
Views: 898
Next

Return to advanced search