Search found 21533 matches

by retiredjg
Mon Jul 06, 2015 6:19 am
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 17
Views: 2047

Re: retiring by end of year, maybe sooner

If the OP can't make it work, based on the info he presented and what we know now about the tax structure and can assume about how he controls spending (to have gotten where he is), then having millions more isn't going to help him much. I think you mis-read my message. Of course the poster can mak...
by retiredjg
Sun Jul 05, 2015 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Non-resident alien opening a Vanguard account
Replies: 1
Views: 206

Re: Non-resident alien opening a Vanguard account

I don't have any advice, but I understand that you have to have a US address to open a account at Vanguard.

You can buy some Vanguard ETFs at TD Ameritrade without a transaction fee, but nowhere else that I know of. I don't know if TDA requires a US address or not.
by retiredjg
Sun Jul 05, 2015 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: How Should I Invest My Non-Retirement Money?
Replies: 28
Views: 2263

Re: How Should I Invest My Non-Retirement Money?

Just out of curiosity, what would be your spouse's ideal portfolio? It might be more effective to start there and work toward what you want rather than vice versa. Even if her portfolio idea is poor, if it makes her comfortable that could be worth quite a lot. It's not like you are short on money. O...
by retiredjg
Sun Jul 05, 2015 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 17
Views: 2047

Re: retiring by end of year, maybe sooner

You should run the calculators, but here is a guestimate to get you started. With $2.1 million, you can probably safely take out $84k a year (4%) if the future looks like the past. However, that $84k a year includes all your investment costs and your state and federal taxes. So if you are using an i...
by retiredjg
Sun Jul 05, 2015 2:28 pm
Forum: Investing - Theory, News & General
Topic: Something I Still Don't Understand
Replies: 12
Views: 1524

Re: Something I Still Don't Understand

This forum is basically free to discuss and explore just about anything in the investment world, but that does not change the fact that most of us embrace tax-efficient, globally diversified, age- and risk- tolerance low cost index fund appropriate investment portfolios. Absolutely true. The discus...
by retiredjg
Sun Jul 05, 2015 2:24 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 18996

Re: Emergdoc on Mr. Money Mustache

All this discussion about someone who obviously has a following (both pro and con).

If you could summarize the MMM principles in 5 phrases, what would they be?
by retiredjg
Sun Jul 05, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Company 401K Bond Selection
Replies: 3
Views: 205

Re: Company 401K Bond Selection

That bond fund is fine. It invests in a variety of bonds (like the total bond market) and probably a few other things as well to try to juice the returns a little. The cost is reasonable, in fact much better than we see in many 401k plans. With those choices, investing in the individual funds is a g...
by retiredjg
Sun Jul 05, 2015 2:03 pm
Forum: Investing - Theory, News & General
Topic: Something I Still Don't Understand
Replies: 12
Views: 1524

Re: Something I Still Don't Understand

It just seems that bogleheads kind of talk against speculation, but here we are overanalyzing different funds, when there really is just one fund that performs the best? There is no fund that performs best. Sometimes one part of the market will do better and sometimes another part of the market wil...
by retiredjg
Sun Jul 05, 2015 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: How Should I Invest My Non-Retirement Money?
Replies: 28
Views: 2263

Re: How Should I Invest My Non-Retirement Money?

Please tell us again about how large the portfolio is and what the taxable account is intended to be used for. What is the Supplemental Retirement Account and what is it invested in? What are the options available? You'll need to list (at least the better) choices for your 401k - people don't know t...
by retiredjg
Sun Jul 05, 2015 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best fund or ETF for Emergency fund allocaion?
Replies: 7
Views: 372

Re: Best fund or ETF for Emergency fund allocaion?

I read the article. I presently have all my Emergency fund in tax advantaged accounts and thought that if I needed my money quickly, then it would be more liquid in a taxable account that I could open up. Does this mean you don't currently have a taxable account? If you don't have a pretty large ta...
by retiredjg
Sun Jul 05, 2015 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Best fund or ETF for Emergency fund allocaion?
Replies: 7
Views: 372

Re: Best fund or ETF for Emergency fund allocaion?

I'm a fan of cash and CDs for some (or all). Short term bonds for the rest - tax-exempt if you are in a higher tax bracket. I'm not sure much of any E fund is needed in retirement.
by retiredjg
Sun Jul 05, 2015 10:46 am
Forum: Personal Consumer Issues
Topic: MacBook Air - power issues
Replies: 16
Views: 1410

Re: MacBook Air - power issues

Something to check occasionally…remember that the plug in is magnetized. It can pick out tiny stuff. Check it out and brush with a toothbrush or something. I too noticed the heat problem a few times in the past - turns out there was some tiny stuff magnetically picked up in there. Cleaned off, probl...
by retiredjg
Sun Jul 05, 2015 10:39 am
Forum: Investing - Help with Personal Investments
Topic: How important is my remaining tax deferred space?
Replies: 12
Views: 840

Re: How important is my remaining tax deferred space?

I'm all for the mantra of maxing all your tax-advantaged space, but there are some other things that are as important or more important. I think it is good to max tax-advantaged space before saving RETIREMENT money in taxable if you are in a higher tax bracket. This is so you'll have more money in t...
by retiredjg
Sun Jul 05, 2015 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 33
Views: 3745

Re: Am I the Biggest Stooge?

But how else should one compare investments if not rate of return? I hope by the time you are done with this discussion, you will no longer feel any need to do these comparisons. They don't really matter. The best you can do is save money, invest in a diversified portfolio, and keep your costs (inc...
by retiredjg
Sun Jul 05, 2015 8:59 am
Forum: Personal Finance (Not Investing)
Topic: What are our next steps? (Early 20's)
Replies: 6
Views: 637

Re: What are our next steps? (Early 20's)

Her 403b is not really relevant until you can fill 2 IRAs and your 401k (which does not exist at this point but probably will). Then you have to decide on the 403b. As long as you need to save for a house, I'd probably skip the 403b as long as you are saving for retirement in some way. Remember that...
by retiredjg
Sun Jul 05, 2015 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 33
Views: 3745

Re: Am I the Biggest Stooge?

I have asked myself that question as ell. I suppose I'm measuring performance vs. expectations. Clearly it is not measuring up. I guess it is also a matter of weighing options. Thinking I should be getting ~10% without having to be a landlord etc was enticing. Maybe now the answer is being a landlo...
by retiredjg
Sun Jul 05, 2015 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Starting a retirment account. High expense 457 vs. Roth IRA
Replies: 4
Views: 379

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

Since there is no match associated with the 457b and since the choices are poor, you should put the first $5,500 you save into Roth IRA. Anything you save for retirement over that $5,500 could go into the 457b and those contributions will be subtracted from your taxable income. You have the option (...
by retiredjg
Sun Jul 05, 2015 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 33
Views: 3745

Re: Am I the Biggest Stooge?

Trouble is, I've come to the conclusion that my returns might suck. Since it seems you are totally invested in the 500 Index and a blue chip growth fund, your returns should be something like market returns minus your expenses. Expenses would include both the fund expenses (expense ratio) and inves...
by retiredjg
Sat Jul 04, 2015 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: How Should I Invest My Non-Retirement Money?
Replies: 28
Views: 2263

Re: How Should I Invest My Non-Retirement Money?

People can give much more useful answers with more information. See the format at the bottom of this message for how to ask this type of question. It's some work, but you will learn a lot by just doing it. With a portfolio of that size, it is not really necessary to consider what is "retirement...
by retiredjg
Sat Jul 04, 2015 5:06 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 18996

Re: Emergdoc on Mr. Money Mustache

DoTheMath's reply got inserted up thread late because he/she was a new user. It's worth going back and reading it in its entirety. https://www.bogleheads.org/forum/viewtopic.php?p=2543807#p2543807 Agreed! This has been a long, bewildering, and boring thread so it was pleasant to see such a refreshi...
by retiredjg
Sat Jul 04, 2015 4:42 pm
Forum: Personal Consumer Issues
Topic: Eating Out
Replies: 48
Views: 4045

Re: Eating Out

22twain wrote:
closetoreality wrote:(finance and I)

Freudian slip? :P

I'm betting it is an auto-correct slip. So irritating except when it works right. :D
by retiredjg
Sat Jul 04, 2015 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 33
Views: 3745

Re: Am I the Biggest Stooge?

I don't understand the numbers or how they are derived either. Chances are that different numbers are derived in different ways. I've never been able to reconcile it myself so I just don't pay much attention to it. But I agree that a good part of the last 17 years has been a time when bonds outperfo...
by retiredjg
Sat Jul 04, 2015 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to steer my finances for long term success (late 20s)
Replies: 22
Views: 1445

Re: Need advice on how to steer my finances for long term success (late 20s)

In case it was not clear, the "ugly" part of the target fund is the expense ratio. I'm not opposed to target funds in general, just the cost of that one.
by retiredjg
Sat Jul 04, 2015 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: I'm spending 20% more than what i estimate. Easy way to track my expenses?
Replies: 41
Views: 2680

Re: I'm spending 20% more than what i estimate. Easy way to track my expenses?

It seems it can only be in three places. -unexpected spending (you'd probably remember this) -frittering it away on credit cards -frittering it away with cash Somewhere, you have underestimated what you spend on ____ and ___ and maybe ____. I don't think there is an easier way than line by line. The...
by retiredjg
Sat Jul 04, 2015 1:03 pm
Forum: Personal Consumer Issues
Topic: Eating Out
Replies: 48
Views: 4045

Re: Eating Out

Yes, it is always the appetizer, drinks and deserts that more than double the bill. I had a memorable $100 meal (just my portion) a few years ago in Vancouver. Yum. :D
by retiredjg
Sat Jul 04, 2015 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to steer my finances for long term success (late 20s)
Replies: 22
Views: 1445

Re: Need advice on how to steer my finances for long term success (late 20s)

I see I didn't actually answer your question. I do not believe that just holding large cap US stocks (the 500 index) is the best choice although there are people who would do that. In my mind, a portfolio needs at least some bonds - starting at 20%. And I like some international (maybe a third of th...
by retiredjg
Sat Jul 04, 2015 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to steer my finances for long term success (late 20s)
Replies: 22
Views: 1445

Re: Need advice on how to steer my finances for long term success (late 20s)

With the above, I'm guessing it would be worth my while to change my 401k to be 100% T. Rowe Price Equity Index 500 Fund PREIX or should there still be a mix of something else along with it so my eggs aren't all in one particular fund? In your case, this is a hard choice. A common suggestion is con...
by retiredjg
Sat Jul 04, 2015 12:44 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 18996

Re: Emergdoc on Mr. Money Mustache

regarding 'stuff you don't need', consider reading "The life-changing magic of tidying up." That book made an impact. We recently downsized from 4400 sf to 1350 sf and got rid of 75-100 garbage bags and boxes of stuff. I haven't missed one thing. That's a big change in space! Just by chan...
by retiredjg
Sat Jul 04, 2015 12:42 pm
Forum: Personal Consumer Issues
Topic: Eating Out
Replies: 48
Views: 4045

Re: Eating Out

Do what you enjoy while living within your means. If that means $90 meals twice a month, why not?

Or if you want to cut back some, you can surely have a lot of wonderful meals with a couple of drinks for half that if you want to make that a priority.
by retiredjg
Sat Jul 04, 2015 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to steer my finances for long term success (late 20s)
Replies: 22
Views: 1445

Re: Need advice on how to steer my finances for long term success (late 20s)

Funds available in my 401k T. Rowe Price Retirement 2055 - TRRNX - .76% T. Rowe Media & Telecommunications - PRMTX - .8% T. Rowe Price Balanced - RPBAX - .68% T. Rowe Price Blue Chip Growth - TRBCX - .74% T. Rowe Price Dividend Growth - PRDGX - .66% T. Rowe Price Emerging Markets Stock - PRMSX -...
by retiredjg
Sat Jul 04, 2015 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to steer my finances for long term success (late 20s)
Replies: 22
Views: 1445

Re: Need advice on how to steer my finances for long term success (late 20s)

$20K in savings account $48K in checking account What is this money for? I'm assuming some of it is an emergency fund. Anything over that buffer should go to the highest interest rate debt. Except for one thing… If you really get a 25% match on your entire 401k contribution, you might use any exces...
by retiredjg
Sat Jul 04, 2015 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Funds that exclude one country
Replies: 23
Views: 929

Re: Funds that exclude one country

One other idea is to look at the different entities that construct indexes. For example, if you went to the MSCI site (or the FTSE site), you can probably find a list of every index they maintain. Once you find an index that excludes what you want, then you use google or whatever to find a fund that...
by retiredjg
Sat Jul 04, 2015 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Funds that exclude one country
Replies: 23
Views: 929

Re: Funds that exclude one country

sawhorse wrote:Thank you. How does someone find funds for the individual countries?

I don't know what others would do, but I'd google each one individually to see if one even exists.
by retiredjg
Sat Jul 04, 2015 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Funds that exclude one country
Replies: 23
Views: 929

Re: Funds that exclude one country

I'd be surprised if there is such a list. Index funds just aren't built that way in that they generally cover a broad region such as the globe, Europe, Far East, etc. So it seems unlikely that someone has created any index that excludes 1 country or a few countries. An exception would be the index f...
by retiredjg
Sat Jul 04, 2015 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Advice needed with 403B transfer
Replies: 5
Views: 384

Re: Advice needed with 403B transfer

The only bad choice is roll to Roth IRA. It makes no sense to defer taxes all those years and then pay taxes (at possibly a higher rate) now. Whether you roll to IRA or roll to the new 403b depends entirely on the costs of the new 403b and your need/desire to use the back door to contribute to Roth ...
by retiredjg
Sat Jul 04, 2015 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Girlfriend's Money Manager--Should She Switch to Vanguard?
Replies: 33
Views: 3101

Re: Girlfriend's Money Manager--Should She Switch to Vanguard?

I would not use 100% equities. You get more return for risk taken with a bit of bonds in the mix. But ultimately, it is a personal decision.

Yes, each of you can use the same target fund with no problem.
by retiredjg
Sat Jul 04, 2015 8:38 am
Forum: Investing - Theory, News & General
Topic: 401K Global bond fund or Fidelity funds?
Replies: 5
Views: 326

Re: 401K Global bond fund or Fidelity funds?

I would not use an international bond fund with a high ER. I'd use the fund with the .1% ER and call it good.

If you definitely want international bonds, put them in an IRA/Roth IRA - the Vanguard fund is much cheaper than that one.
by retiredjg
Fri Jul 03, 2015 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 87
Views: 6983

Re: Run, don't walk.

Inasmuch as your "advisor" gave you terrible self-serving advice recommending that you not invest in a 401k plan, I would not want her advice about Disability Income Insurance (a very complex product). It is now clear to me that she is more interested in her commissions than in your best ...
by retiredjg
Fri Jul 03, 2015 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 87
Views: 6983

Re: financial adviser told me not to invest too much in 401k

DH is 56 and retired. He cannot access his 401k (now rollover IRA) until he is 59 1/2 unless he does the rule of 72 option. Why? Because he retired at age 53. It appears to me that DH could not have tapped that money (without penalty) either way without using the 72(t) option. 53 is not old enough ...
by retiredjg
Fri Jul 03, 2015 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 87
Views: 6983

Re: financial adviser told me not to invest too much in 401k

From nolo... http://www.nolo.com/legal-encyclopedia/question-if-i-retire-after-55-28075.html Very interesting. Thanks for the link. I particularly find it interesting because I don't recall anyone EVER saying they couldn't tap the 401k until 62 or 65. Perhaps most people roll their 401k plan out to...
by retiredjg
Fri Jul 03, 2015 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Where to Save Excess Budget Each Month?
Replies: 18
Views: 2267

Re: Where to Save Excess Budget Each Month?

pghpens wrote: There are UBS house funds I can choose from but they don't look good.

Do the UBS house funds also have a load? High expense ratios?
by retiredjg
Fri Jul 03, 2015 9:13 am
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 87
Views: 6983

Re: financial adviser told me not to invest too much in 401k

If i retire before 59 1/2 and withdrawl from my 401k, i would be subject to tax penalty right? Thanks for the response! Before 59 1/2 withdrawals are available, without penalty, in several instances, including a so-called 72 (t) where you take equal withdrawals over time: http://www.bankrate.com/fi...
by retiredjg
Fri Jul 03, 2015 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2842

Re: Vanguard v.s. Betterment

vangaal, earlier I talked about general reasons why I am not a strong supporter of programs like Betterment. Looking at your specific question - your Roth IRA - one of my arguments does not apply because tax loss harvesting is not something you do in a Roth IRA. The other argument - that you can't p...
by retiredjg
Thu Jul 02, 2015 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2842

Re: Vanguard v.s. Betterment

Betterment doesn't use the 500 index, they use the total market index…. Morik, you are correct. :happy I remembered it wrong. I'll go change that part of what I said. Nevertheless, I still feel that Betterment does not play well with other accounts and I have not figured a way to work around that.
by retiredjg
Thu Jul 02, 2015 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2842

Re: Vanguard v.s. Betterment

Since the most common good investment in 401k/etc. plans is a 500 index, that mucks up the works with tax loss harvesting at Betterment. The 500 Index is the best example, but there are other potential conflicts as well. Betterment doesn't use the 500 index, they use the total market index, so that...
by retiredjg
Thu Jul 02, 2015 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Girlfriend's Money Manager--Should She Switch to Vanguard?
Replies: 33
Views: 3101

Re: Girlfriend's Money Manager--Should She Switch to Vanguard?

I too am surprised the expense ratios are that high in the Class A funds. I suspect someone has made an error and found the expense ratios of back loaded funds (class C I think). Or perhaps she has picked the highest cost fund they sell? This can be cleared up by simply looking up the ticker symbol ...
by retiredjg
Thu Jul 02, 2015 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice, in retirement now
Replies: 24
Views: 4370

Re: seeking advice, in retirement now

I don't think the international bonds are a "must have". I also don't think they will do any harm. You pay nothing for buying or selling a Vanguard product at Vanguard. If you can keep the trades to a minimum and if you like Scottrade, I don't think a move to Vanguard is necessary. The ans...
by retiredjg
Thu Jul 02, 2015 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2842

Re: Vanguard v.s. Betterment

So, how does all of this compare to Vanguard? If you mean Vanguard's Personal Advisor Service, where the investor pays an AUM fee to have actual portfolio management, it might have the same problems with working around a 401k to craft together the best possible portfolio. I'm not sure if PAS do...
by retiredjg
Thu Jul 02, 2015 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: How Much Muni Is Too Much Muni?
Replies: 15
Views: 1434

Re: How Much Muni Is Too Much Muni?

by retiredjg » Thu Jul 02, 2015 9:54 am Mycasino wrote: 43% of my total bond allocation is in taxable; have no choice since tax advantaged space is full. It's full, but is it full of bonds? Full of Bonds. And are you filling your tax-advantaged space or putting money in taxable that could go into a...
by retiredjg
Thu Jul 02, 2015 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2842

Re: Vanguard v.s. Betterment

I think Betterment has a very nice product and the cost is not unreasonable once you have a chunk of money there. But I don't think it is a very useful product for many investors because it does not play well with your other investments. A couple of examples. 1) If you want them to tax loss harvest ...

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