Search found 4725 matches

by JW Nearly Retired
Wed Sep 02, 2015 2:43 pm
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 116
Views: 6060

Re: Aug 2015 correction: what Bogleheads did...

Yesterday at closing prices, I converted a small portion of tIRA assets into a Roth. Balanced Index to All-World ex-US fund. Not much of a market timing move but something.

Will look again at this near the end of the year when we know more precisely the room left in our bracket.
JW
by JW Nearly Retired
Wed Sep 02, 2015 12:04 pm
Forum: Investing - Theory, News & General
Topic: 401(k) IRA Rollover Promotion Money
Replies: 16
Views: 695

Re: 401(k) IRA Rollover Promotion Money

I think the IRS will eventually challenge these incentives. It isn't accrued interest on the new IRA since it was opened--it's an incentive, a gift. It's a gift the fund company will take back later in higher expenses to pay for incentive payments to future new investors. The company can't print mo...
by JW Nearly Retired
Wed Sep 02, 2015 10:59 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 102
Views: 5445

Re: Selling all equities, discuss why I'm wrong. :)

Hi all, I just wanted to write out my decision for selling all my equity positions yesterday and see what people think. You sold out yesterday when the market is off about 10% from it's recent high. Appears you had a hunch it's going to keep going down and that's your bet. OK, what's your plan now?...
by JW Nearly Retired
Tue Sep 01, 2015 8:49 pm
Forum: Personal Consumer Issues
Topic: Alcatraz question
Replies: 11
Views: 1005

Re: Alcatraz question

I'm pretty senior with bad knees and visited Alcatraz not long ago this summer. There were a really amazing number of world tourists going to see Alcatraz. I thought the tour was extremely well done. They do have a tram that will take you up the hill from the boat landing to the cell blocks, but we ...
by JW Nearly Retired
Tue Sep 01, 2015 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security and future COLA increases
Replies: 17
Views: 1444

Re: Social Security and future COLA increases

I don't understand why you need an estimate of what the cola might be. SS gives you a projected amount without a cola and you can compare that to your current expenses. What else do you need? Whatever the cola might be your expenses would follow along with proportionally anyway.
JW
by JW Nearly Retired
Tue Sep 01, 2015 4:50 pm
Forum: Investing - Theory, News & General
Topic: 401(k) IRA Rollover Promotion Money
Replies: 16
Views: 695

Re: 401(k) IRA Rollover Promotion Money

livesoft wrote:
retiredjg wrote:How can they deposit extra money in a tax-advantaged account? Doesn't seem right to me.

It is an "interest" payment.

They get that "extra money" by taking it from other peoples accounts as expenses, so the IRS comes out roughly even.
by JW Nearly Retired
Tue Sep 01, 2015 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Timing of personal/widow's SS benefits
Replies: 5
Views: 444

Re: Timing of personal/widow's SS benefits

I will note on the application that I want my own benefits only. I would really hate to screw this up! My experience is there is a good chance they will ignore the "note" on the application. That happened to me when I first applied for spousal benefits at age 66. The form seem very clear ...
by JW Nearly Retired
Tue Sep 01, 2015 9:31 am
Forum: Personal Consumer Issues
Topic: So-called charity won't delete my name
Replies: 28
Views: 2078

Re: So-called charity won't delete my name

Need advice. A so-called charity that calls itself the National Diabetes Fund will not remove my name from its mail list or cease sharing my contact info with other so-called charities. I think you are talking about USPS mail. It took a long time (a couple of years) but I've had very good success w...
by JW Nearly Retired
Mon Aug 31, 2015 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Please advise on old 401k and investing $10k-15k in a new IRA
Replies: 7
Views: 392

Re: Please advise on old 401k and investing $10k-15k in a new IRA

Thanks for the information. If I keep the Target Fund and I open a separate Roth IRA using the 3-Fund Portfolio approach, would this be too redundant? In other words, is there such a thing as "overlapping" stocks when it comes to having a Target Fund and a self-managed Roth IRA? Not sure ...
by JW Nearly Retired
Mon Aug 31, 2015 12:27 pm
Forum: Forum Issues and Administration
Topic: [forum running at] Slow speed
Replies: 71
Views: 3721

Re: Slow speed

It's better than yesterday but still too slow for happy Bogleing.
by JW Nearly Retired
Mon Aug 31, 2015 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Please advise on old 401k and investing $10k-15k in a new IRA
Replies: 7
Views: 392

Re: Please advise on old 401k and investing $10k-15k in a new IRA

I currently have $30k in a targeted fund from a former employer's 401k plan. Should I leave this plan alone or roll it over to an IRA? If you are on a career track such that your income will eventually not allow you to make contributions to a Roth, you should avoid putting any funds in a trad IRA (...
by JW Nearly Retired
Sat Aug 29, 2015 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: What Does Retiree Health Care REALLY Cost for High Income?
Replies: 1
Views: 421

Re: What Does Retiree Health Care REALLY Cost for High Income?

Are you sure you want to limit this poll to the "very top" of the Medicare cost schedule? That is almost $0.5M yearly income for a married couple.

ps: you can look up the part B & D costs here: https://www.medicare.gov/your-medicare- ... costs.html
by JW Nearly Retired
Sat Aug 29, 2015 9:48 am
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 103
Views: 5979

Re: If stocks dropped 30% next Monday, would you rebalance?

I calculated the gain with and without re-balancing my portfolio this week and was astonished to see that the difference was only around .5% That's very good to know, but let me ask some clarifying questions: Is that the one-week difference? A benchmark fund VSMGX (60/40 LifeStrategy) was up this w...
by JW Nearly Retired
Sat Aug 29, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: 401k advice please
Replies: 6
Views: 412

Re: 401k advice please

The only change I would make is not to use a target retirement in the Roth IRA. Use just total stock market and total international in your chosen 3:1 proportions. The idea is the Roth has the longest time to grow so should hold the potentially highest return assets tax free. All the bonds should be...
by JW Nearly Retired
Fri Aug 28, 2015 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Contrafund Pool Vs VIIIX
Replies: 30
Views: 2382

Re: Fidelity Contrafund Pool Vs VIIIX

JustinTime, I too was lucky to buy ContraFund in a taxable account back in late 70's. It has been spectacular but I keep it now mainly for tax reasons. Out of thousands of funds a few will be lucky over long periods. Past performance is not a good guide, and even if Bill Danoff is some kind of geniu...
by JW Nearly Retired
Fri Aug 28, 2015 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rolled Over into an IRA. Is this a good allocation?
Replies: 14
Views: 1533

Re: 401K Rolled Over into an IRA. Is this a good allocation?

If you get to this roadblock you could still "hide" your IRA by rolling it back into a 401k type employer account, but only if you have a 401k that will accept rollovers. https://www.bogleheads.org/wiki/Backdoor_Roth_IRA JW It was a Fidelity 401K that I rolled into a Fidelity Traditional ...
by JW Nearly Retired
Fri Aug 28, 2015 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rolled Over into an IRA. Is this a good allocation?
Replies: 14
Views: 1533

Re: 401K Rolled Over into an IRA. Is this a good allocation?

However, I just had an unexpected increase in income recently which I believe has just slightly put me over the limit (I was under for the first half of the year). I work in startups which sometimes vary in salary since they have equity in place so it's possible in the future that my income will be...
by JW Nearly Retired
Fri Aug 28, 2015 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 103
Views: 5979

Re: If stocks dropped 30% next Monday, would you rebalance?

If stocks dropped 30% next Monday and closed there, would you rebalance? No Would you look to see if your rebalancing bands had been triggered? Not necessary since my equity lower band edge is effectively a drop of 100%. (It can't be triggered) Would you follow your Investing Policy Statement? Yes ...
by JW Nearly Retired
Fri Aug 28, 2015 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: How would you help setup younger sibling?
Replies: 21
Views: 1276

Re: How would you help setup younger sibling?

After thinking about it in more detail this morning it'll likely be $25k for him. I don't want to just give it to him. But on the flip side, if something were to happen to me, I don't want the requirements to be what I would deem as ridiculous either (like who you marry, ect). My intent is to minim...
by JW Nearly Retired
Fri Aug 28, 2015 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Plan tax question
Replies: 8
Views: 351

Re: 529 Plan tax question

States only give tax deductions on 529 contributions if you make them to the states own 529. Usually there is some limit to how much you can deduct per year. Some states give no deduction at all..... like California. http://www.pa529.com/ .....and some allow you a tax deduction regardless of which ...
by JW Nearly Retired
Fri Aug 28, 2015 9:50 am
Forum: Personal Finance (Not Investing)
Topic: How would you help setup younger sibling?
Replies: 21
Views: 1276

Re: How would you help setup younger sibling?

Purelife304 wrote:terran
- He is almost 15

Don't know, but I doubt if anything but a trust of some kind would let you keep it from him once he is an adult. A taxable account in his name means he will need to pay tax on the earnings.

Maybe somebody else has an idea.
JW
by JW Nearly Retired
Fri Aug 28, 2015 9:22 am
Forum: Investing - Help with Personal Investments
Topic: 529 Plan tax question
Replies: 8
Views: 351

Re: 529 Plan tax question

States only give tax deductions on 529 contributions if you make them to the states own 529. Usually there is some limit to how much you can deduct per year. Some states give no deduction at all..... like California. http://www.pa529.com/ ps: I've been corrected.........some states do allow deductio...
by JW Nearly Retired
Thu Aug 27, 2015 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rolled Over into an IRA. Is this a good allocation?
Replies: 14
Views: 1533

Re: 401K Rolled Over into an IRA. Is this a good allocation?

Age: 33 No debts currently, but looking to buy a house in the next year. Any other assets besides the 401k rolled over to the IRA? Tax bracket? Prospective tax bracket in your 40's & 50's? Asking because if you are going to eventually be making so much money that you can't make direct contribut...
by JW Nearly Retired
Thu Aug 27, 2015 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: What would YOU want from a financial advisor?
Replies: 38
Views: 3993

Re: What would YOU want from a financial advisor?

First time poster. Short term lurker. Recent consumer of the library copy of The Bogleheads' Guide to Investing . I just got back from a first visit with a CFP. I'm mostly looking for an audit of my financial health and advise on how to proceed with diversifying. It was clear that she offered manag...
by JW Nearly Retired
Wed Aug 26, 2015 9:36 am
Forum: Investing - Theory, News & General
Topic: Anybody questioning use of an advisor at this volatile time?
Replies: 19
Views: 2014

Re: Anybody questioning use of an advisor at this volatile time?

Nonetheless, I use an advisor and have found that there has been some psychological benefit to the additional roadblock between me and portfolio tinkering. Moreover, he called me this week with a tax loss harvesting opportunity. Just curious what others think. I agree the "additional roadblock...
by JW Nearly Retired
Tue Aug 25, 2015 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: my retired mother's predicament
Replies: 55
Views: 6876

Re: my retired mother's predicament

She is indeed receiving Disability SS benefits. She's barely getting by, but I do help her a little with some of her bills. I know little about disability benefits but per the SS FAQ. If I get Social Security disability benefits and I reach full retirement age, will I then receive retirement benefi...
by JW Nearly Retired
Tue Aug 25, 2015 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: my retired mother's predicament
Replies: 55
Views: 6876

Re: my retired mother's predicament

Will she be OK living on her age 62 SS? The first question that comes to my mind is "What kind of SS benefits is Ashley's mother actually receiving?" If they are disability benefits, then they are NOT based on her age (so they are not "age 62" benefits) and the SS disability sys...
by JW Nearly Retired
Tue Aug 25, 2015 11:48 am
Forum: Investing - Help with Personal Investments
Topic: my retired mother's predicament
Replies: 55
Views: 6876

Re: my retired mother's predicament

Thank you for everyone's opinion. I agree that her AA is not appropriate. I will support my mother (emotionally and monetarily) through the tough times and wait for things to go back up to slowly sell off her shares once they get back to the price they were purchased. This would just continue the m...
by JW Nearly Retired
Tue Aug 25, 2015 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Considering 401k Reblance - Foreign Stocks?
Replies: 5
Views: 256

Re: Considering 401k Reblance - Foreign Stocks?

I'm 42 years old likely not retiring until close to 65. Considering a rebalance this year, wondering what the bogleheads think of losing the foreign stocks completely or almost completely. Current allocation in Fidelity for my 401k. 57% Domestic Stock 31% Foreign Stock 10% Bonds 1% Short-Term Fees ...
by JW Nearly Retired
Tue Aug 25, 2015 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Still Time to TLH?
Replies: 3
Views: 439

Re: Still Time to TLH?

2. Do I look at an equivalent ETF for these 2 funds (VTI for VTSAX and VXUS for VTIAX) - and see how much they are gaining closer to 3 pm or so, and then re-calcuate my lotIDs that would still be negative assuming the same gain % as ETFs, and then sell those lot IDs? This is best but often inconven...
by JW Nearly Retired
Mon Aug 24, 2015 11:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1995
Views: 382203

Re: U.S. stocks in freefall

Oh bother! it's bouncing back up. Missed the dip buying again.
JW
by JW Nearly Retired
Mon Aug 24, 2015 10:25 am
Forum: Investing - Theory, News & General
Topic: Buy, Hold, Sell
Replies: 14
Views: 2003

Re: Buy, Hold, Sell

Monday, I was going to go into a hold, hesitated, and lost money Thurs & Fri but decided to do a hold. Just wondering about why I don't hear more discuss a hold strategy. Do I understand you that to you "hold" means sell your equity investments and "hold" the proceeds in a m...
by JW Nearly Retired
Mon Aug 24, 2015 9:01 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 8668

Re: How long will you"Stay the Course"?

Indefinitely. We have a 60/40 target AA but our IPS is only to rebalance on the high equity side. That means stocks could do a 1931 (down 90%) and we would still have almost half the nest egg in $. That would be unpleasant but tolerable.
JW
by JW Nearly Retired
Sun Aug 23, 2015 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Transfer old 401k from Prudential into what?
Replies: 10
Views: 658

Re: Transfer old 401k from Prudential into what?

funnyguitar, Before you get too gutsy read this short paper (16 pages) by Bill Bernstein. IMO, it is the perfect starting point for investors wanting to figure out what they should be doing. http://www.etf.com/docs/IfYouCan.pdf He definitely qualifies as a financial guru. You are a bit late to the s...
by JW Nearly Retired
Sat Aug 22, 2015 8:12 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Portfolio comparison?
Replies: 10
Views: 629

Re: Thoughts on Portfolio comparison?

This is how the portfolio currently sits. .................snip Edit * I plugged all the funds into Morningstar X-ray, and it is telling me my Mutual Funds Expenses are .68% (calculated from the $ figure it gave me) .................snip 1.25% AUM + 0.68% avg ER = 1.93% expense drag for the manager...
by JW Nearly Retired
Sat Aug 22, 2015 10:54 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Portfolio comparison?
Replies: 10
Views: 629

Re: Thoughts on Portfolio comparison?

99ls1tj, Two years performance is totally meaningless. The high fees are all you really need to know about this. Didn't that come through in the Bogleheads guide? How high are the fees of the funds they picked for you? I know nothing about SunTrust but my bet is you are paying much more than 1.25% i...
by JW Nearly Retired
Fri Aug 21, 2015 7:38 pm
Forum: Investing - Theory, News & General
Topic: dont forget to tax loss harvest
Replies: 28
Views: 3023

Re: dont forget to tax loss harvest

pghpens wrote:If I sold my Vanguard Total Stock Market Index and bought S & P 500 index, would that trigger a wash sale? Same thing with Vanguard Total International Index and FTSE All-World Index?

Not unless these pairs are "substantially identical" securities.
JW
by JW Nearly Retired
Fri Aug 21, 2015 7:34 pm
Forum: Investing - Theory, News & General
Topic: anyone treating this as an RBD (really bad day)
Replies: 95
Views: 10149

Re: anyone treating this as an RBD (really bad day)

JW Nearly Retired wrote:I might have treated it as a BED (bad enough day) had I noticed. I try to make grandkid 529 contributions on BEDs but seldom manage it. Maybe tomorrow will be the day! :beer
JW

Missed again on RBD Friday. 3rd swing on Monday will hopefully connect!
JW
by JW Nearly Retired
Thu Aug 20, 2015 8:09 pm
Forum: Investing - Theory, News & General
Topic: anyone treating this as an RBD (really bad day)
Replies: 95
Views: 10149

Re: anyone treating this as an RBD (really bad day)

I might have treated it as a BED (bad enough day) had I noticed. I try to make grandkid 529 contributions on BEDs but seldom manage it. Maybe tomorrow will be the day! :beer
JW
by JW Nearly Retired
Thu Aug 20, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why keep non-Roth 401ks post retirement?
Replies: 10
Views: 882

Re: Why keep non-Roth 401ks post retirement?

Q4: I really like the idea of drawing down the non-Roth 401k starting at 55 in order to minimize RMDs at 70.5. Why wouldn’t I want to do that/what is the disadvantage? Usually, high income folks doing some of this would be a good idea in any 55-70 low income years. However, to state the obvious, yo...
by JW Nearly Retired
Thu Aug 20, 2015 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Seperated from service
Replies: 7
Views: 411

Re: 401k Seperated from service

I was given a choice of options to do with Radio Shacks 401k investment. I am 58 years old & want to use the Separate from service after 55 to avoid the 10% penalty. General Wireless is now my Employer using the bought Radio name. Can I use the Separation of service because I now work for Gener...
by JW Nearly Retired
Thu Aug 20, 2015 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead seeking advice!
Replies: 20
Views: 1518

Re: New Boglehead seeking advice!

Start with this short paper by Bill Bernstein. It's the perfect starting point for young investors. http://www.etf.com/docs/IfYouCan.pdf
JW
by JW Nearly Retired
Thu Aug 20, 2015 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Mom's retirement account
Replies: 31
Views: 1806

Re: Mom's retirement account

I can say with certainty that she does not value the relationship with the advisor at an added cost of approximately $500 per month. I can't see anyone in her position that would. Oddly enough, many investors become wedded to enormously more expensive advisors than your mother's. 2% or 3% total exp...
by JW Nearly Retired
Wed Aug 19, 2015 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help 2 grow 90k invest fairly fast
Replies: 89
Views: 7759

Re: Help 2 grow 90k invest fairly fast

There are plenty of investors who want me to invest, etc. Looking forward to advice! My advice: (1) Run away from the folks you called "investors" chasing you to invest with them. (2) Hang around here for a while and absorb some of our free investing knowledge and specific suggestions for...
by JW Nearly Retired
Mon Aug 17, 2015 8:08 pm
Forum: Investing - Theory, News & General
Topic: The Risk Quandary
Replies: 29
Views: 2504

Re: The Risk Quandary

Yes good point. Just looking at the Morningstar growth of $10k plot for VG total stock market fund from March 2000 onward....... If they retired in March 2000 with 100% stocks and actually drew the classic 4% inflation adjusted annual withdrawal amount from their account, looks like they would have...
by JW Nearly Retired
Sun Aug 16, 2015 8:07 pm
Forum: Investing - Theory, News & General
Topic: The Risk Quandary
Replies: 29
Views: 2504

Re: The Risk Quandary

People that retired at the top of the dot com bubble might have been pretty sure that stocks would be higher today, but they would still have been in a lot of trouble if they were 100% in stocks. Yes good point. Just looking at the Morningstar growth of $10k plot for VG total stock market fund from...
by JW Nearly Retired
Sun Aug 16, 2015 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Strategies in 2nd Year of Retirement?
Replies: 26
Views: 3105

Re: Tax Strategies in 2nd Year of Retirement?

I'm feeling very humbled this evening, but am resolved to dig into this whole tax issue and develop a better understanding. (As a result of this question and your responses, for the first time time I looked at RMDs and was more or less horrified at how high the minimum withdrawals are. Happily for ...
by JW Nearly Retired
Sun Aug 16, 2015 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Social Secrurity Detailed Calculator
Replies: 9
Views: 1088

Re: Social Secrurity Detailed Calculator

I got the same number for the PIA value Well her statement says that she will receive $263 at age 62. Benefit before rounding/ Benefit after rounding says 263.30? is that the actual amount of what her SS check is going to be? or is it the PIA value? The PIA value is defined as what she would get by...
by JW Nearly Retired
Sat Aug 15, 2015 10:51 am
Forum: Investing - Theory, News & General
Topic: Looking for a graph that shows how much of your Investment Gain is taken by different ERs
Replies: 17
Views: 929

Re: Looking for a graph that shows how much of your Investment Gain is taken by different ERs

This "Future Value of an Investment Account Calculator" can be used to show this for whatever particular cases you might dream up. It includes ongoing contributions.

http://www.calculatorsoup.com/calculato ... ulator.php
JW

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