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Re: Finally an audience with my brother on Finances

It was set up by someone else and he sits on the board. Contributions so far have been in the area of his professional services pro bono.
by jerome99
Thu Jul 10, 2014 3:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

nope, he is an employee who receives a w-2.
by jerome99
Thu Jul 10, 2014 3:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

No business is involved. He is a consultant with income between 480k and 600K each year. He is single. Expenses are low partially cause he has no mortage or any other payments or toys. His goals are to grow his net worth responsibly for the next 20 years and then move to Florida and join his non pro...
by jerome99
Thu Jul 10, 2014 1:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

his initial comment to me was he wasn't interested in getting investment advice from an attorney. Not sure if this is due to a previous bad experience or not.
by jerome99
Thu Jul 10, 2014 11:58 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

I thought my initial post answered almost all, if not all the questions asked. He has no debt. The cash he has is an online savings and cash in a safety deposit box. All of this retirement and taxable investments will go into index funds and both him and I are capable in doing that change. He is int...
by jerome99
Thu Jul 10, 2014 11:52 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

He asked my opinion based on my and other's experience on this forum. Responding with a "go do your own research" doesn't reflect well on the community in my opinon.
by jerome99
Thu Jul 10, 2014 10:19 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

I completely understand that comment and appreciate it. I will recommend he meet with a tax attorney/cpa. However, I would like to provide him some simple guidance related to what available options high income earner's on this board do concerning I Bonds, CA Tax Exempt bonds, Treasuries, etc so he h...
by jerome99
Thu Jul 10, 2014 9:58 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Re: Finally an audience with my brother on Finances

Is your recommendation based on his net worth of his annual income?

Only reason I ask, is his net worth is made up of the below, which I am not sure how much tax advice would be needed.

Residence- $2,000,000
401K- $900,000
Cash- $100,000
Taxable Account- $2,000,000
by jerome99
Thu Jul 10, 2014 9:41 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Finally an audience with my brother on Finances

My brother has been extremely successful business wise. He is in his mid 30s and has no debt, net worth around ~$5m. He has never shown any interests in index funds or boglehead type philosphies...until now. He has done a relatively good job with his money through a advisor who charges him $25,000 a...
by jerome99
Thu Jul 10, 2014 9:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally an audience with my brother on Finances
Replies: 33
Views: 4167

Proper Money management and itinerary for Europe trip

Below is the rough draft itinerary for the trip my wife and I are taking for two weeks in mid-late May to Germany and Italy. Any suggestions on ways to improve on it from experienced travelers to both Italy and Germany would be appreciated. We have made the flight and train reservations so the numbe...
by jerome99
Sun Apr 13, 2014 2:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Proper Money management and itinerary for Europe trip
Replies: 36
Views: 2694

Re: Interesting Stock question

I think I did a poor job of communicating my initial post. I was more looking to begin a discussion regarding an industry, which Taylor agreed is very large, however only has one publicly traded entity. I have no plans or interest in buying the stock, however I was trying to start a conversation abo...
by jerome99
Wed Mar 12, 2014 11:05 am
 
Forum: Investing - Theory, News & General
Topic: Interesting Stock question
Replies: 15
Views: 1065

Re: Interesting Stock question

Larry, I do not plan on purchasing the stock- I feel like I know nothing more than the professionals who do it everyday. I started this thread more to begin a discussion on the fact that their industry is so large and they are the only publicly held company in it. They have many competitors held pri...
by jerome99
Wed Mar 12, 2014 9:18 am
 
Forum: Investing - Theory, News & General
Topic: Interesting Stock question
Replies: 15
Views: 1065

Interesting Stock question

I understand and actively manage my assets in the Boglehead philosophy of either no individual stocks or a very small amount of AA in Individual stocks. I do have a question regarding the stock of a company I am very familiar with as they are a customer of mine and I thought of something interesting...
by jerome99
Wed Mar 12, 2014 8:48 am
 
Forum: Investing - Theory, News & General
Topic: Interesting Stock question
Replies: 15
Views: 1065

Re: Pay Stub question- HSA

i have checked it and it is being deducted from my pay
by jerome99
Fri Feb 28, 2014 11:21 am
 
Forum: Personal Finance (Not Investing)
Topic: Pay Stub question- HSA
Replies: 7
Views: 650

Pay Stub question- HSA

on my most recent paystub, (we have a payroll provider now) their is a new line in deductions for HSA. in addition to the deductions for cost of the insurance and my contribution to the account, there is a deduction for the equal amount of what the company contributes to the account. Is this normal?...
by jerome99
Fri Feb 28, 2014 11:00 am
 
Forum: Personal Finance (Not Investing)
Topic: Pay Stub question- HSA
Replies: 7
Views: 650

Train tickets in Italy [trouble booking with Trenitalia]

My wife and I are having all sorts of difficulty getting train tickets for trips to and from rome as well as Munich for our upcoming trip in May. We have gotten on the Trenitalia website exactly when they come available(120 days) and continue to get a combo error message and no tickets available. Wo...
by jerome99
Wed Jan 29, 2014 9:26 am
 
Forum: Personal Consumer Issues
Topic: Train tickets in Italy [trouble booking with Trenitalia]
Replies: 22
Views: 2293

Re: Check up to Begin 2014

With the above equity positions and the sale of Extended Market for Small Cap Index, what is my needed Small Cap Index AA to have the total market? I think to determine this I need to know the amount of TSM which is Small Cap along with the exposure (which is almost nill I think) I get from my two A...
by jerome99
Wed Jan 08, 2014 11:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Check up to Begin 2014
Replies: 12
Views: 1732

Re: Check up to Begin 2014

aaaaa
by jerome99
Mon Jan 06, 2014 11:52 am
 
Forum: Investing - Help with Personal Investments
Topic: Check up to Begin 2014
Replies: 12
Views: 1732

Re: Check up to Begin 2014

Thanks for the feedback. What is meant by liability matching?
by jerome99
Fri Jan 03, 2014 11:59 am
 
Forum: Investing - Help with Personal Investments
Topic: Check up to Begin 2014
Replies: 12
Views: 1732

Re: Check up to Begin 2014

One other question would be do my two American Funds' funds or my taxable Vanguard funds have enough small/mid cap exposure where my usage of VEXAX is overweighing this sector or is the current set up good?
by jerome99
Thu Jan 02, 2014 12:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Check up to Begin 2014
Replies: 12
Views: 1732

Check up to Begin 2014

Combined income is $380,000 Emergency Funds- 4 months Debt: Only debt is 15 yr mortgage (15 years remaining) 2.875% fixed, $310,000 balance Tax Filing Status: Married Tax Rate: 33% Federal 3.4% State, IN Age: 31 years old, Wife is 27 Current Asset Allocation: 75% Stocks/ 25% Bonds Current Internatio...
by jerome99
Thu Jan 02, 2014 9:56 am
 
Forum: Investing - Help with Personal Investments
Topic: Check up to Begin 2014
Replies: 12
Views: 1732

Re: Home sale proceeds

we were able to lock in about 35 days ago and were extremely fortunate- paid no points. Maybe I am looking at this wrong, but along with the tax treatment, I am borrowing money at ~2% interest to invest, correct? It sounds like I need to run some numbers on how quickly we can pay off the mortgage wi...
by jerome99
Mon Nov 18, 2013 9:17 am
 
Forum: Investing - Help with Personal Investments
Topic: Home sale proceeds
Replies: 18
Views: 1313

Re: Home sale proceeds

Foreclosure or the like isn't something that is going to be involved in our decision in what to do. Can't imagine it should be either.
by jerome99
Fri Nov 15, 2013 4:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Home sale proceeds
Replies: 18
Views: 1313

Home sale proceeds

My wife and I have $115,000 from a home sale. We purchased our new home with a mortgage last week of $330,000 at 15 years and 2.75%. We put 25% down. We don't need the above funds for living expenses or any other debt. The decision is how much to put into our AA with taxabale Vanguard Mutual Funds a...
by jerome99
Fri Nov 15, 2013 4:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Home sale proceeds
Replies: 18
Views: 1313

Tweet from Vanguard Executive

"When rebalancing within taxable accounts, consider selling assets at a loss or minimal bain to minimize tax impact"

Should much focus be on the above. Seems like good logic, just unsure exactly how and when to execute.

Thanks!
by jerome99
Wed Nov 13, 2013 8:36 am
 
Forum: Investing - Help with Personal Investments
Topic: Tweet from Vanguard Executive
Replies: 6
Views: 1319

Re: Almost at point to pay hourly adviser...

Taylor,

Yes, we maximize all our tax advantage options (401K, TSP, Backdoor Roth and HSA) and have in the neighborhood of $50K to invest annually in taxable.
by jerome99
Fri Aug 23, 2013 4:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Almost at point to pay hourly adviser...
Replies: 18
Views: 1491

Re: Almost at point to pay hourly adviser...

gerrym51 wrote:based on what you have at your ages we should be asking your for your advice.

your doing much better than most at your ages. i suggest you go with your gut. :mrgreen:


We are extremely fortunate with our incomes. Just want to be as tax efficient as possible with this investing thing!
by jerome99
Fri Aug 23, 2013 1:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Almost at point to pay hourly adviser...
Replies: 18
Views: 1491

Re: Almost at point to pay hourly adviser...

Thanks Livesoft. Do we only invest in numbers 3 and 4 if and when our AA would require us to do so?
by jerome99
Fri Aug 23, 2013 11:44 am
 
Forum: Investing - Help with Personal Investments
Topic: Almost at point to pay hourly adviser...
Replies: 18
Views: 1491

Re: Almost at point to pay hourly adviser...

One other item is whether we should be contributing to deductible 401K and TSP or Roth. My rational has always been that our tax bracket now is higher than it will be in retirement. I haven't ran any numbers validating this overall decision, but wanted some helop from the board if there are other it...
by jerome99
Fri Aug 23, 2013 11:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Almost at point to pay hourly adviser...
Replies: 18
Views: 1491

Re: Almost at point to pay hourly adviser...

I am 31, my wife is 27 Approximate size of retirement savings so far?- $500,000 Type of medical insurance? High deductible? I have a $5,000 deductible HSA and she has Fed Govt PPO plan. Debt? Amounts, types, interest rates?- Only debt is $100,00 mortgage at 2.75%, 13 years remaining on 15. Emergency...
by jerome99
Fri Aug 23, 2013 10:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Almost at point to pay hourly adviser...
Replies: 18
Views: 1491

Almost at point to pay hourly adviser...

Although my wife and I have made a significant amount of progress, I am almost to the point of paying an adviser for 3-4 hours of his time to review our portofolio and provide us guidance in the way of taxable investing as well as a few other items below. It would be very appreciated if the board co...
by jerome99
Fri Aug 23, 2013 10:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Almost at point to pay hourly adviser...
Replies: 18
Views: 1491

Re: Should AA change based on pension?

Thank you for the responses. Based on our income and tax bracket should we be purchasing both I Bonds and Treasuries with the estimated $60,000 of savings left over after all tax effecient savings are completed?
by jerome99
Tue Aug 20, 2013 1:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should AA change based on pension?
Replies: 5
Views: 316

Should AA change based on pension?

My wife works for the federal government and in addition to her TSP, she will receive an annuity paying ~$2,750/month. My #1 question is, should we adjust our bond allocation based on the above? Combined income is $300,000 Emergency Funds- 6 months Additional House Downpayment Fund- $140,000 Debt: O...
by jerome99
Tue Aug 20, 2013 1:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should AA change based on pension?
Replies: 5
Views: 316

Re: Why only 5-10% for REITs?

What does the results in 2008 have to do with how much REITs should be in a portfolio? With buy and hold, one would be in better shape as they would have been moving more into REITs at a lower value as they kept their AA, correct? How much exposure does one get in REITs or like assets by owning the ...
by jerome99
Tue Aug 06, 2013 4:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why only 5-10% for REITs?
Replies: 44
Views: 4445

Change in Company Expense procedure

My company is making a change from providing employees with a company credit card to having employees use their personal card and then turn in reports to be reimbursed. I think this will allow my wife and I to gain more rewards points, however I am concerned that our credit rating may be affected by...
by jerome99
Mon Jul 22, 2013 11:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Change in Company Expense procedure
Replies: 22
Views: 1196

Individual stock

I am looking at purchasing 2 individual stocks. I haven't completely made up my mind, but would like to get an idea from the "Boglehead Philosophy" regarding if I choose to do so, what percentage of my entire balance would be acceptable?
by jerome99
Fri Jul 19, 2013 3:35 pm
 
Forum: Investing - Theory, News & General
Topic: Individual stock
Replies: 22
Views: 1859

My bond allocation

Currently my wife and I have our bond allocation split up between TSP G fund and the Vanguard Total Bond Market Index. The TSP makes up 73% of all bond holdings. Do I need to consider making any adjustments knowing such a significant amount of my bond exposure is in government bonds? I am not lookin...
by jerome99
Mon Jul 15, 2013 3:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: My bond allocation
Replies: 2
Views: 319

2014 trip to Europe

My wife and I have decided to head to Europe next year for 10-12 days. Unless convinced otherwise, we plane on visiting two countries on this trip, possibly three. We would love to save some money and go just before the busy tourist season or just after. Based on this, what dates would those be? Ger...
by jerome99
Sun Jul 14, 2013 2:13 pm
 
Forum: Personal Consumer Issues
Topic: 2014 trip to Europe
Replies: 44
Views: 3860

Re: Help with Health Equity HSA

I never reviewed their return on cash. Yes, I can do a roll over but would be more simple if this bond fund met my needs
by jerome99
Wed May 29, 2013 10:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with Health Equity HSA
Replies: 22
Views: 3170

Help with Health Equity HSA

Not sure if anyone else is "forced" to use the above, but they have made some changes to the investment options available and now all Vanguard funds are gone. After some research, the lowest expense bond fund available is listed below. Can anyone shed light on it? I need this space to meet...
by jerome99
Wed May 29, 2013 10:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with Health Equity HSA
Replies: 22
Views: 3170

HSA Account

My employer's hsa custodian has significantly increased our fees to the point we are moving custodian's very soon. Unfortunately our new custodian lost its mutual fund/brokerage option at the 11th hour and now has no option. I would like some help in finding the lowest cost place I can move my balan...
by jerome99
Wed May 08, 2013 9:24 am
 
Forum: Personal Finance (Not Investing)
Topic: HSA Account
Replies: 1
Views: 284

Re: Please help read my Morningstar X-ray

Thanks. I was misinformed. I don't want to short this area. If all my international exposure is vanguard total intl index am I getting the appropriate intl small and mid cap allocation?
by jerome99
Mon May 06, 2013 9:28 am
 
Forum: Investing - Help with Personal Investments
Topic: Please help read my Morningstar X-ray
Replies: 6
Views: 698

Re: Please help read my Morningstar X-ray

Of all my investments, I thought only my vanguard extended market and vanguard total index had any small/mid exposure. Based on the fact that I have 22% according to the x ray, my two American Funds 401K options (growth fund of Am and wash mutual) must have some exposure. This true? Concerning the X...
by jerome99
Sun May 05, 2013 4:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Please help read my Morningstar X-ray
Replies: 6
Views: 698

Please help read my Morningstar X-ray

For the first time I input all our funds and balances in the X-Ray and got the below results. Our AA target is 75 stocks/ 25 bonds. We also want 30% of the equity exposure to be international. We also want 15% of the equity exposure to be small/mid cap. Any help with reviewing the x-ray and how we a...
by jerome99
Sun May 05, 2013 1:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Please help read my Morningstar X-ray
Replies: 6
Views: 698

Re: Should we keep our house as a rental?

So if we made less money and had less in savings it would make more sense to do?
by jerome99
Sat Apr 27, 2013 3:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should we keep our house as a rental?
Replies: 23
Views: 1615

Re: Should we keep our house as a rental?

Not sure where I would find that information. The homes zip code is 46062.
by jerome99
Sat Apr 27, 2013 3:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should we keep our house as a rental?
Replies: 23
Views: 1615

Should we keep our house as a rental?

My wife and I are wrestling with the above decision. We currently live in a 2200 sq ft house in the best suburban area around Indianapolis. We are purchasing a new our home in the next 6-8 months. Our budget for this home is all in at $350,000. Current house Estimated value- $150,000 15 yr mortgage-...
by jerome99
Sat Apr 27, 2013 3:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should we keep our house as a rental?
Replies: 23
Views: 1615

Re: Need guidance in AA and tax efficient opportunites

Yes, that is very helpful. In addition to the PIMCO fund you reference, the below fund is also available in HIS 401K. Should I consider it at all? It does have a .1 higher ER than the PIMCO fund.

American Funds Cap World Bond (RCWCX) (1.21)
by jerome99
Wed Apr 17, 2013 11:37 am
 
Forum: Investing - Help with Personal Investments
Topic: Need guidance in AA and tax efficient opportunites
Replies: 13
Views: 679

Re: Need guidance in AA and tax efficient opportunites

Can the board please help regarding my small/mid cap allocation referenced above?

Thank you.
by jerome99
Wed Apr 17, 2013 9:39 am
 
Forum: Investing - Help with Personal Investments
Topic: Need guidance in AA and tax efficient opportunites
Replies: 13
Views: 679
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