Search found 6 matches

by Emmylou
Thu Jun 22, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 940

Re: Asset Allocation - Inherited Assets, newly Semi-Retired

Let's say it has gone up exactly 34% versus basis. That doesn't mean you'd owe 34% in taxes if you sold, far from it. First, your gains, as a % of dollars realized on sale, are not 34%, but rather, (1-(1/1+34%))= ~25%. (A simpler set of numbers illustrate this point. If the stock had gone up 100%, ...
by Emmylou
Thu Jun 22, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 940

Re: Asset Allocation - Inherited Assets, newly Semi-Retired

You need to sell the JnJ stock and invest the proceeds in a Total Stock Market Index and a Total International Index as soon as possible. Now. Yesterday. [Instead of putting the above 3 sentences in all-caps, I decided to restrain myself and just set it off in it's own separate paragraph in italics...
by Emmylou
Mon Jun 19, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 940

Re: Asset Allocation - Inherited Assets, newly Semi-Retired

Please consider liquidating the JNJ stock. In 15% tax bracket you should liquidate as much as you can up to the limit of the tax bracket and you will pay no tax. Certainly once you have stopped working for a full year you will have a lot of room in the 15% bracket and I would use it all to liquidat...
by Emmylou
Sun Jun 18, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 940

Re: Asset Allocation - Inherited Assets, newly Semi-Retired

I am all-in with the investing philosophy of Vanguard, Bogleheads, and the Three-Fund Portfolio. Emmylou: Welcome to the Bogleheads Forum! I am sorry about the recent death of your parents. However, I am pleased to learn that you are "all-in with the investing philosophy of Vanguard, Boglehead...
by Emmylou
Sun Jun 18, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 940

Re: Asset Allocation - Inherited Assets, newly Semi-Retired

Are you sure of your basis in JNJ? Didn't it receive a new basis? I would not hold any stock that is 41% of my portfolio. Gill Thanks, Gill. The cost basis is $101, from the time stepmom passed in November 2015. Probate took some time, so I received the inheritance fairly recently. JNJ is now at $1...
by Emmylou
Sun Jun 18, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Inherited Assets, newly Semi-Retired
Replies: 12
Views: 940

Asset Allocation - Inherited Assets, newly Semi-Retired

Hi, Bogleheads! Thanks for taking a look at my portfolio and (in advance) for your recommendations, suggestions, and thoughts. I am a single 58-year-old woman and recently inherited from deceased parents. Due to my new socio-economic status, I am now semi-retired and intend to live off of dividends,...

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