Search found 2788 matches

by BolderBoy
Mon May 22, 2017 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Question about buying bonds in Roth IRA
Replies: 7
Views: 406

Re: Question about buying bonds in Roth IRA

karina87 wrote:What have you all done, and what would you recommend for me?

$825 isn't enough to buy most mutual funds at VG. Don't buy tax-exempt funds of any sort in a Roth IRA.

I can't help you with the ETF vs Mutual Fund quandary. I only have MFs.
by BolderBoy
Mon May 22, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 3638

Re: How to Invest Church Money

I am an Elder in our church and have been asked to inquire about investing a portion of the $500,000 we have sitting in a Savings Acct at our local bank. We do not use our savings much, in fact we would like to build on it. I was thinking that we could invest $250,000 and that would leave us 250K f...
by BolderBoy
Mon May 22, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Company "Case Manager"
Replies: 15
Views: 1359

Re: Health Insurance Company "Case Manager"

Does this basically amount to a sales pitch on the part of the insurance company? Have any of you ever worked with such a person and gotten any benefit from it? Perhaps I'm being naive, but the several insurance company case managers whom I've known have all indicated that 1) they work for the insu...
by BolderBoy
Mon May 22, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: HELP -- Solo 401k vs SEP-IRA
Replies: 6
Views: 234

Re: HELP -- Solo 401k vs SEP-IRA

Employee max for Solo 401k (over 50) is $24K and that is if you don't have an employer plan. I do not think you can make employee contributions to a Solo 401k if your regular 403b is already being maxed. Employ-er max for Solo 401k (over 50) is 25% of self employment income up to $60K. I am not sur...
by BolderBoy
Sun May 21, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: What happens to a 1 person business if the owner dies?
Replies: 12
Views: 1418

Re: What happens to a 1 person business if the owner dies?

So my mother is a solo practitioner attorney. Every year she says she's going to retire and she keeps on working. I lost my father this past year and while I obviously would never wish this in the world...what would happen if my mother passed away while still being a practicing attorney? How would ...
by BolderBoy
Sun May 21, 2017 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do you keep extra money available for investing
Replies: 37
Views: 3101

Re: Do you keep extra money available for investing

Mr.BB wrote:Or are you 100% in at all times?

100% all the time.
by BolderBoy
Sun May 21, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions for paying off a loan
Replies: 13
Views: 957

Re: Suggestions for paying off a loan

One thing that I'll say is the Bogleheads popular notion and I don't align when it comes to maxing out our retirement accounts. From my calculations, I'm not a believer is contributing our maximum ($36,000) to 401ks, as that would result in nearly $50,000 a year accrual in a 401k after company matc...
by BolderBoy
Sun May 21, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions & Check Up
Replies: 12
Views: 922

Re: Portfolio Questions & Check Up

Livid408 wrote:Begin contributing to two taxable accounts:
1. Vanguard Total Bond Market Index Fund Admiral (VBTLX)

This may not be terribly tax-efficient in a taxable account.

What is your marginal tax bracket?
by BolderBoy
Sun May 21, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Consolidating vendors
Replies: 8
Views: 402

Re: Consolidating vendors

I have a 8-10 accounts (mix of ira, Roth, taxable,401k) with about half at Fido and half at VG. Almost all the $ are in VG funds/etf Nearing retirement and Looking to simplify and make it easier for analysis, cash management, reporting. I find fidelity web tools and service to be superior, plus I g...
by BolderBoy
Sat May 20, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Bad experience with 'rescuing' a lost dog
Replies: 38
Views: 3168

Re: Bad experience with 'rescuing' a lost dog

For stray dogs you call the animal control department of the town/city and let them deal with it.
by BolderBoy
Fri May 19, 2017 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax different versions and included forms
Replies: 1
Views: 186

Re: TurboTax different versions and included forms

After reading through the TurboTax website, it says: "The desktop products (all versions) can all handle the same forms but differ mainly in the amount of help and guidance." Are they using the term "form" interchangeably with the words "schedule" and "form"?...
by BolderBoy
Fri May 19, 2017 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5556

Re: Convince me to get back into stocks!

amd7239 wrote:
delamer wrote:What if the market goes up 25% before it experiences a 15% drop?


That would be fine. All I want is for it to drop by 15 percent so i cam buy.

So in essence, aren't you advocating giving up a 10% gain in order to take advantage of a 15% loss?
by BolderBoy
Fri May 19, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones vs Vanguard self managed
Replies: 29
Views: 1910

Re: Edward Jones vs Vanguard self managed

I just got off the phone with my Edward Jones guy who told me the 1.44 % fee I am being charged is worth it because my account is continuously being re-balanced and that the return thus far for the year is 5.39 %. So according to him he is providing me with a well worth it service. He also told me ...
by BolderBoy
Fri May 19, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: If You Can't
Replies: 25
Views: 1547

Re: If You Can't

Personally I don't see the issue with rebalancing. Just write down a policy in your IPS (quarterly, etc) and do it. But if that is too much, there is absolutely nothing wrong with a set and forget target date fund. The issue for me is greed. I would say why reallocate to only 33% stocks in a down m...
by BolderBoy
Fri May 19, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Delay SS, but claim if market plunges
Replies: 49
Views: 3981

Re: Delay SS, but claim if market plunges

This strategy allows me to use SS as an insurance against the bad sequence of returns issue. This was my exact Plan B plan when I retired as well. I still don't see anything wrong with it. I think of the entire concept of delaying Social Security in order to get the larger benefit as the insurance ...
by BolderBoy
Fri May 19, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Cheapest voice only, low minutes cell service
Replies: 11
Views: 1348

Re: Cheapest voice only, low minutes cell service

CABob wrote:Consider Page Plus Cellular. They use the Verizon network and have a pay-as-you-go plan for $10 for 4 months. this is for 3G phones only.

+1.

I've had them for years now. Up to 1400 unused minutes on the above plan.
by BolderBoy
Fri May 19, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Neighbor draining onto / flooding my patio and yard daily - what can I do?
Replies: 59
Views: 4716

Re: Neighbor draining onto / flooding my patio and yard daily - what can I do?

mhc wrote:When you say it is against code, do you mean it is against city code? If it is, your city should have a code enforcement department.

This is what I was wondering. I see "Code Enforcement" vehicles driving around all the time.
by BolderBoy
Fri May 19, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: How handle home sale proceeds?
Replies: 7
Views: 724

Re: How handle home sale proceeds?

Also, I am having the proceeds wired into a checking account. From there, I would like to move the money around to different institutions. I will be over the 10K IRS reportable amount. Will this be an issue other than it gets reported and noted? I don't want to raise any red flags. The $10k issue (...
by BolderBoy
Fri May 19, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: How to sell a house?
Replies: 22
Views: 1877

Re: How to sell a house?

1) Have the folks move out to their new digs and take what they want. 2) Hire a good (honest) auctioneer to come in and have an estate sale - including auctioning the house. Take the money and go. The primary advantage of auctioning the house is that there will be no contingencies (no inspections to...
by BolderBoy
Fri May 19, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Delay SS, but claim if market plunges
Replies: 49
Views: 3981

Re: Delay SS, but claim if market plunges

MathWizard wrote:This strategy allows me to use SS as an insurance against the bad sequence of returns issue.

This was my exact Plan B plan when I retired as well. I still don't see anything wrong with it.
by BolderBoy
Fri May 19, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: How long do I really need to keep tax returns?
Replies: 18
Views: 1427

Re: How long do I really need to keep tax returns?

soccerdad12 wrote:Bottom line.... am I safe shredding all tax returns from 2013 and earlier?

Scan them ALL into separate .pdf files, then shred them.
by BolderBoy
Fri May 19, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: IRS says I owe..I don't
Replies: 31
Views: 3985

Re: IRS says I owe..I don't

retiredjg wrote:There would have to be two forms 8606. One to file with your 2014 taxes and one to file with your 2015 taxes.

I agree with this. You needed to send in two, separate 8606s with the correct #s on each.
by BolderBoy
Fri May 19, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: I'm hearing conflicting advice on putting bonds in tax-protected accounts....?
Replies: 20
Views: 2394

Re: I'm hearing conflicting advice on putting bonds in tax-protected accounts....?

dratkinson wrote:tax-deferred (401k, tIRA...): equities
tax-free (Roth IRA,...): equities
taxable: municipal bonds + equities

I like this delineation of the three types of accounts:
    Tax-Deferred, Tax-Free, Taxable

Would like to encourage the wiki folks to use these categories as well. It looks more tidy.
by BolderBoy
Fri May 19, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5675

Re: Milestone and not peeking. . .

Well Done! Always enjoy reading your posts.
by BolderBoy
Fri May 19, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12267

Re: For those with $500k-$1m in investments...

Was 13%; with inheritance now 25%.
by BolderBoy
Fri May 19, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX need advice [Vanguard Total Stock Market]
Replies: 65
Views: 6581

Re: 100% VTSAX need advice

I'm 47 years old and planning to move all my investments (approximately 950,000 US dollars) to VTSAX. I have tried Dividend Growth investing and I think I can sleep better by doing index fund. DGI is consuming a lot of my time. JLCollins in his book recommended a mix of VTSAX an VBLTX. Since I'm pl...
by BolderBoy
Fri May 19, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Return visitor in need of a little assistance
Replies: 13
Views: 948

Re: Return visitor in need of a little assistance

Robo wrote:Thanks for all your replies. All excellent points. Livesoft "see you next year" gave me a laugh. So true.
Seems like adding a little more to bonds and moving on may make the most sense

Yes, go to 30% bonds and "see you next year."
by BolderBoy
Fri May 19, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Additional Tax Savings for Employed High Earner?
Replies: 9
Views: 613

Re: Additional Tax Savings for Employed High Earner?

- I have a ~$200k IRA account that I rolled over an old 401k from a previous employer so I don't think I could do a backdoor Roth IRA contribution without taking a significant tax hit (could be wrong about this). Can you roll this into your current employer's 401k? That would clean the tIRA slate s...
by BolderBoy
Fri May 19, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3096

Re: I am a huge believer in Passive Indexing.. but.....

Call_Me_Op wrote:
WolfgangPauli wrote:[list][*]Do I chalk this up to luck...


Yes

+1

... and pay heed to the second of my bylines below ...
by BolderBoy
Sun May 14, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds from Europe
Replies: 7
Views: 658

Re: Vanguard funds from Europe

I've been looking at different topics from the site that discuss if there is a way to buy Vanguards funds from Europe (I mean Vanguard Total Stock Market Index and Vanguard Total International Stock Index), e.g.: https://www.bogleheads.org/forum/viewtopic.php?t=54298 https://www.bogleheads.org/wiki...
by BolderBoy
Sun May 14, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth screw up?
Replies: 7
Views: 748

Re: Backdoor Roth screw up?

Both of the above are the right answers.

Small taxable gains are insignificant in the long run. In the future, do the Backdoor Roth on cash amounts, then buy what you want in the Roth account.
by BolderBoy
Sun May 14, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Is there any reason I should invest any additional money into bonds?
Replies: 29
Views: 2485

Re: Is there any reason I should invest any additional money into bonds?

Is there any reason I should invest any additional money into bonds or FI of any sort, or should all my future savings go into equities given my situation? It's a good question. Are you basically asking if there can be situations in which one abandons the AA strategy from some point going forward? ...
by BolderBoy
Sat May 13, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Confirm Withdrawl Strategy
Replies: 17
Views: 1545

Re: Confirm Withdrawl Strategy

We plan to retire at 62 and delay SS. Our portfolio is approximately 50/50 tax deferred taxable. Based up reading a lot on this site and others, my current plan is to do Roth conversions up to the top of the 15% bracket and withdraw from the taxable for living expenses. The withdrawal will be <3% o...
by BolderBoy
Sat May 13, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Confirm Withdrawl Strategy
Replies: 17
Views: 1545

Re: Confirm Withdrawl Strategy

Technical question: I plan to do the same but know squat about the conversion process. I assume that a 2017 conversion must be done in 2017 - not sometime before 4/15/2018. I can guess pretty close what my final-final taxable income will be before 12/31/17, but what If I'm off and convert too much....
by BolderBoy
Fri May 12, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 33
Views: 2874

Re: Retirees, what is your marginal tax rate?

BogleMelon wrote:people who have already retired to see what is their marginal tax rate now (during retirement) comparing to what it was during accumulation period.

Working = 28%
Retired (but delaying SS / IRA / 401k) = 15%
Retired and taking SS / IRA / 401k = 25% (future, based on today's brackets)
by BolderBoy
Fri May 12, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Bank balking at transferring assets to Vanguard
Replies: 8
Views: 1600

Re: Bank balking at transferring assets to Vanguard

elrobin wrote:Background: My mother's assets (almost 4m) were in a trust with a bank.

With assets of 4m, there is plenty of money to do this correctly and most expediently by hiring an estate / trust lawyer to handle it for you.
by BolderBoy
Fri May 12, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on this Ameriprise "plan"
Replies: 9
Views: 827

Re: Thoughts on this Ameriprise "plan"

JFCSQUARED1121 wrote:Sorry had to vent and share another sad story from Ameriprise. I was born and raise in Philadelphia and my first job out of college was at Vanguard. I should've known better.

Thanks for adding this. Made my day.

Now you can go forth and prosper. The BHs will show you how.
by BolderBoy
Thu May 11, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's So Magical About Age 59-1/2?
Replies: 3
Views: 1574

Re: What's So Magical About Age 59-1/2?

Does anyone know the historical basis for why age 59-1/2 was chosen for the age that most people can begin withdrawing from IRAs? I'm assuming it's based on historical longevity statistics but couldn't find anything in the Wikipedia article about the ERISA law of 1974 that created IRAs. If you do a...
by BolderBoy
Thu May 11, 2017 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 1099 income when also investing in 403b and 457b
Replies: 4
Views: 300

Re: How to invest 1099 income when also investing in 403b and 457b

Xega wrote:Can I do a solo 401k when I already contribute to the work 403b?

Yes, and in your case I would do just that.
by BolderBoy
Thu May 11, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: 28 y/o newbie investor, critique my portfolio
Replies: 6
Views: 763

Re: 28 y/o newbie investor, critique my portfolio

cpan00b wrote:BND Vanguard Total Bond $1,299.00 4.51% 0.05

I agree with Lou354 that this will not be tax-efficient in your taxable account. Either keep all your bond-side asset allocation in a tax-deferred account (eg: 401k) or use muni bonds in taxable.
by BolderBoy
Thu May 11, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: question about changing brokerage account
Replies: 8
Views: 617

Re: question about changing brokerage account

But on another trade he did over 7 months in 2016-17 he bought two 300 share blocks of Symantec and sold after 6 months. Invested 14,997.48. At least that one she walked away with $2,202.37 profit to his 995.33 commission, so that's palatable. I wouldn't find that palatable. That is a short term ca...
by BolderBoy
Tue May 09, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: New Roboadvisor - Elm Funds
Replies: 22
Views: 1484

Re: New Roboadvisor - Elm Funds

matjen wrote:A TED talk he gave that could be given by Bill Bernstein or Jonathan Clements, etc.

https://www.youtube.com/watch?v=1yJWABvUXiU

I watched this and now feel like I need a bath. Why do you think?
by BolderBoy
Tue May 09, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 48
Views: 6210

Re: If everybody indexed, the only word you could use is chaos, catastrophe

I think the issue is how do real-life events that should influence an individual company's stock get priced in when you can only make decisions to buy or sell the whole index. If Amazon has higher than expected profits or an auto manufacturer issues a major recall, how does that get reflected in th...
by BolderBoy
Tue May 09, 2017 10:07 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 48
Views: 6210

Re: If everybody indexed, the only word you could use is chaos, catastrophe

https://finance.yahoo.com/news/jack-bogle-envisions-chaos-catastrophe-markets-everyone-indexed-194610197.html “If everybody indexed, the only word you could use is chaos, catastrophe,” said Jack Bogle, founder of Vanguard, at the Berkshire Hathaway annual meeting on Saturday. “There would be no tra...
by BolderBoy
Sat May 06, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway 2017 Annual Shareholders Meeting, Live Stream Replay
Replies: 26
Views: 1869

Re: Berkshire Hathaway 2017 Annual Shareholders Meeting, Live Streaming Today (5/6)

lazyday wrote:My internet cut for a minute, did he say that the BoA preferred & warrents was his idea, that he proposed to the bank?

I think that is what I understood him to say.
by BolderBoy
Sat May 06, 2017 1:25 pm
Forum: Personal Consumer Issues
Topic: Road trip to western states
Replies: 38
Views: 1999

Re: Road trip to western states

letsgobobby wrote:another great set of ferry rides is in the San Juan Islands on the Washington state ferry system, or really anywhere they go.

Agreed, as long as one doesn't mind a very lax schedule time table.
by BolderBoy
Sat May 06, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway 2017 Annual Shareholders Meeting, Live Stream Replay
Replies: 26
Views: 1869

Re: Berkshire Hathaway 2017 Annual Shareholders Meeting, Live Streaming Today (5/6)

Flobes wrote:Jack is on now, being interviewed during intermission!

Right! I almost missed it.
by BolderBoy
Sat May 06, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway 2017 Annual Shareholders Meeting, Live Stream Replay
Replies: 26
Views: 1869

Re: Berkshire Hathaway 2017 Annual Shareholders Meeting, Live Streaming Today (5/6)

oldzey wrote:On lunch break - back at 1:15 p.m. CST.

One of the intermission guests said that "Jack Bogle is up next". Wonder what that means? I'll be watching to see.

Edit: Yep, just confirmed, Jack Bogle will be interviewed at the Berkshire Annual Meeting when it resumes at 1:15pm CT.
by BolderBoy
Fri May 05, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 300K
Replies: 4
Views: 609

Re: What to do with 300K

Hi All, How would you invest 300K cash. Someone with zero debt (no mortgage or any debt at all) - employed, single, over the age of 60 with income >100K annually. Are there any lower risk fund ideas to preserve the funds yet grow/earn while also taking into consideration any adverse tax effects? Mo...
by BolderBoy
Fri May 05, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: How much would you save if you don't have insurance?
Replies: 31
Views: 1991

Re: How much would you save if you don't have insurance?

I am saving money for retirement. I worry by the time I retire, I will be in a high risk pool. I want to have enough money to pay for insurance even if the prices are jacked up. How much more should I save? Extra 2mil? Will you not qualify for Medicare in retirement in the USA? If not and your asse...

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