Search found 91 matches

by GMT-8
Wed Jul 19, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: How do I contribute to a traditional IRA, literally?
Replies: 15
Views: 908

Re: How do I contribute to a traditional IRA, literally?

I guess I am old school because I send checks to Vanguard to do my additions. There are no bank account links to my IRAs. That's probably why I can't withdraw money easily either. A serious question related to the OP post though - if the source bank account is titled in a trust, or has multiple owne...
by GMT-8
Tue Jul 18, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in a Taxable Account.
Replies: 9
Views: 993

Re: Bonds in a Taxable Account.

Hello Pedro, I am also in CA, a few years older than you, retired with a wife and a pension. I managed last year to stay in the 15% Fed bracket. I have been using Vanguard California tax-free municipal bond funds VCLAX long term and VCADX intermediate term for just the purpose you describe. I have 1...
by GMT-8
Tue Jul 18, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital - Net Worth?
Replies: 22
Views: 2354

Re: Personal Capital - Net Worth?

Whether or not you track value of cars, yachts, Monets, etc. depends on your style and their worth. It's unkind to say cars are trivial to a car guy. I've got 8 vehicles; 4 of them depreciating and 4 collectables increasing in value. If I didn't consider them in my net worth I think I would also hav...
by GMT-8
Tue Jul 18, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: $100K+ increase in salary- Need help with investments
Replies: 14
Views: 2553

Re: $100K+ increase in salary- Need help with investments

Congratulations on your raises and new prosperity. One of the good things about the format for displaying your portfolio and asking for help is that we can all see when our distribution of funds has slightly / greatly / ridiculously gone overboard. Only you can choose the correct term for your portf...
by GMT-8
Sun Jul 16, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: retiring soon need fixed income suggestions and portfolio critique
Replies: 10
Views: 1287

Re: retiring soon need fixed income suggestions and portfolio critique

GMT-8, as a fellow TIAA holder, if given the choice of holding or selling and moving into Vanguard with TIAA positions, would you stick with TIAA? Our TIAA holdings are not annuitized and can be moved. I have basically been looking at my positions there as a fixed income option. If it stays there t...
by GMT-8
Sat Jul 15, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: retiring soon need fixed income suggestions and portfolio critique
Replies: 10
Views: 1287

Re: retiring soon need fixed income suggestions and portfolio critique

Hello Medvfx, I agree with Dan. My circumstances are similar to yours although I'm about 5 years older than you, with a wife's pension which covers the bulk of our expenses. After retiring a few years ago I spent the better part of a year whittling away at our portfolio until I have reached a point ...
by GMT-8
Tue Jul 11, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 568

Re: Exchange or transfer? Does it matter?

A couple more of these sort of pulse-raising events and you will no longer be a neophyte. Welcome to the club.

Cheers,

GMT-8
by GMT-8
Tue Jul 11, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account, how does it work?
Replies: 13
Views: 1379

Re: Taxable account, how does it work?

In my experience, there's no way to predict in advance what a $250k will do to your taxes. It depends whether the stocks go up or down, what distributions the fund makes, what funds or sectors you buy, etc. Worst case (or best, since I was making money), in my $500k taxable holdings I've had a $8-10...
by GMT-8
Fri Jun 30, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: 27, Single, 25k Income with 100k Cash - Lost
Replies: 29
Views: 2789

Re: 27, Single, 25k Income with 100k Cash - Lost

No offense intended, but your statement "99% could benefit from improvement, but not me" sounds like you consider yourself above taking advice. So why then would you ask for it? Perhaps too many hours on a sunny white sand beach ... not having to slog for a living like the average BH? :sho...
by GMT-8
Sun Jun 25, 2017 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: 58 years old and laid off seeking advices
Replies: 43
Views: 5521

Re: 58 years old and laid off seeking advices

Just to reaffirm what a few people have said = there may always be something in the back of your mind about "why me?" and "I put the company ahead of myself and look how they treated me!" Try to let it go. I went through this 20 years ago after almost 20 years at a small company ...
by GMT-8
Fri Jun 09, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: California Intermediate-Term Tax-Exempt
Replies: 4
Views: 775

Re: California Intermediate-Term Tax-Exempt

I live in California and have owned Calif Munis in my taxable account for nearly 10 years. Why? Because I don't have to pay tax on the earnings - I take the interest - and because the capital gains portion doesn't fluctuate very much. Since I've had these, the combination of 50%/50% Long-Term and In...
by GMT-8
Fri Jun 09, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Son's UTMA account
Replies: 46
Views: 2970

Re: Son's UTMA account

My understanding is that while he has the right to his money, not doing anything is a legitimate option unless he excercises his rights. Am I correct about that? If not, please let me know how. Thanks. If you read the information in the earlier part of the thread, you no longer have control, and yo...
by GMT-8
Fri Jun 09, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Estimating Social Security Benefits
Replies: 9
Views: 646

Re: Estimating Social Security Benefits

You can sign up at Social Security and use their estimator. That's the most accurate way I know of, though others might have more info. This has been discussed regularly here, and you can look at this thread for some exhaustive commentary. https://www.bogleheads.org/forum/viewtopic.php?t=171854 I ha...
by GMT-8
Wed Jun 07, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Advice for intermediate term
Replies: 7
Views: 912

Re: Taxable Account Advice for intermediate term

Just a comment about investing "in sectors I know". I was in automotive R & D and thought I knew that sector. Of three speculative investments of $10-20k I made in that sector, I lost 100% in all three. I could afford it, but my pride and bank balance were hurt. My dad was a real estat...
by GMT-8
Sun Jun 04, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Why not go all-in-for-fixed-income to non-liquid TIAA Traditional?
Replies: 34
Views: 1482

Re: Why not go all-in-for-fixed-income to non-liquid TIAA Traditional?

My wife had 50% TIAA Traditional and 50% CREF allocation while working. Then she left the school and the account was dormant. After 20 years the CREF balance was triple her TIAA balance, which we thought was wrong. But the numbers were right. So we said let's move the TIAA portion to her plan's low-...
by GMT-8
Sun Jun 04, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: High Income Earner Humbly Seeks Advice
Replies: 75
Views: 10852

Re: High Income Earner Humbly Seeks Advice

I agree with Livesoft. I just worked with a friend slightly older than you are who also has $2M+ in money market and who also doesn't need to work. But she does, in medicine. And worries. I can tell you what told her: Put the money in the market, in the 3-fund portfolio and be done with it. Stop pro...
by GMT-8
Tue May 30, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage Question
Replies: 4
Views: 539

Re: Vanguard Brokerage Question

I have had this question too. Just do the account they ask you to switch and if the others need switching, Vanguard will tell you later.
It took me 3-4 cycles to get all my accounts changed over - one was IRA, one taxable, one a trust, one had multiple owners names, etc.

GMT-8
by GMT-8
Tue May 30, 2017 6:43 pm
Forum: Personal Consumer Issues
Topic: Using LastPass to Manage Passwords
Replies: 38
Views: 3390

Re: Using LastPass to Manage Passwords

I tried to do the Password thing the manual way for 20 years. Just a few sticky notes here and there. After I hit 65, I gave up - there was too much to remember - not just the banks, but Kaiser, SS, DMV, etc. I researched for a couple months and talked to my nerdiest friends. They recommended 1Passw...
by GMT-8
Tue May 30, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 5002

Re: Voyager Select vs Flagship

The advantage of Flagship to me is a more personal relationship. I can say Hello Savannah, and she says Hello Wes. I value that. For example, we discussed at length the issues relating to a transfer of funds from a Calif STRS 403b account, and got the right paperwork to/from individuals in the two s...
by GMT-8
Fri May 26, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 5002

Re: Voyager Select vs Flagship

I have been with Vanguard for about 20 years, and Flagship for the last 7 years. In that time I have had two advisors, whose names I knew and who appeared to know my name. There was a short period when a substitute came in due to the current advisor going on maternity leave. When I call I don't have...
by GMT-8
Mon May 22, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 4148

Re: How to Invest Church Money

I have experience of 40 years with a 100+ year-old mainstream downtown church with large, old building; 200-student school; feeding 500 homeless a week; and a $2M annual budget. Here's what we have learned, although this might not apply to your case: As a congregation ages, and attendance slowly dec...
by GMT-8
Mon May 22, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing FOR Retirement vs Investing IN Retirement
Replies: 25
Views: 2543

Re: Investing FOR Retirement vs Investing IN Retirement

I'm five years into retirement after 40 years of accumulation. I see these primary differences since retiring: I have contributed virtually nothing to savings or retirement accounts, contrary to my prior practice of contributing the maximum. I withdraw each year about 60% of my net pre-retirement in...
by GMT-8
Mon May 22, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: New investor needing advice UK-US
Replies: 18
Views: 990

Re: New investor needing advice UK-US

In addition to the good advice offered so far, I would look for a good international tax person who can be called upon for help occasionally (in addition to this forum), such as before you set up anything you can't easily dismantle prior to your departure. I lived in the UK for just one year, workin...
by GMT-8
Sat May 06, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Can you take these Core funds and Create a Three Fund Portfolio?
Replies: 29
Views: 2943

Re: Can you take these Core funds and Create a Three Fund Portfolio?

I have been using Financial Engines allocation tool for more than 10 years to give me input on how to invest. There's a link from my mainVanguard screen and it carries over the numbers from my accounts. I don't pay anything for this -- perhaps it's part of being a Flagship level? Having said this, I...
by GMT-8
Sat May 06, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuities - Pros -vs- Cons
Replies: 26
Views: 2206

Re: Fixed Annuities - Pros -vs- Cons

Hello Eager, The first point to know about annuities is that they are INSURANCE products, NOT investments. Therefore, they cannot be compared directly to investments, such as stock or bond funds. The second thing is because they are insurance, the issuers do not have to disclose all the information ...
by GMT-8
Thu May 04, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Medallion Signature for Vanguard Trust
Replies: 29
Views: 2432

Re: Medallion Signature for Vanguard Trust

You can look online and get locations in Seattle.

Here's a list I found of 25 places that will provide them:

http://firstquarterfinance.com/medallio ... locations/

I did find a comment on Yelp that someone got a Medallion at Chase Bank in Fremont, but not at Westlake.

Good luck
by GMT-8
Tue May 02, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: In Retirement - Calculating available funds for expenses
Replies: 13
Views: 952

Re: In Retirement - Calculating available funds for expenses

Hi and Welcome to the forum. You might be (understandably) over-thinking this a bit. I didn't see mention of a checking account anywhere. How will you pay your bills? After saving/investing for 40 years, I have only been retired 4 years. We live off my occasional consulting gig, my wife's pension, a...
by GMT-8
Tue May 02, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 23
Views: 2262

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

It's not a big concern to some, but it is to others. It depends on the level of privacy (or paranoia) that seems appropriate to you. For instance, the software tools that allow you to see all your holdings at once, which mean you have to enter all your other custodians, the sign-on info, etc in exch...
by GMT-8
Mon Apr 17, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: First $1M Net Worth Milestone Achieved
Replies: 15
Views: 5045

Re: First $1M Net Worth Milestone Achieved

Cheers! I was talking recently to a friend whose dad is about 95. Friend says his Dad has been retired 45 years and is now wealthier than he's ever been (not counting house in SoCal). It seems if you get a good solid nest egg in early life, by careful spending and prudent investing, it's possible fo...
by GMT-8
Sat Apr 15, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: New contributions after making number, aggressive or conservative?
Replies: 30
Views: 2312

Re: New contributions after making number, aggressive or conservative?

Hello TimeLord, When you retire you may find you make NO contributions to the portfolio - that's been my experience. I spend all that I make with my various little jobs, and draw down my taxable or IRA depending on my mood or level of income that year. It's not as easy as I thought it would be to pr...
by GMT-8
Wed Apr 12, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Severance
Replies: 16
Views: 1808

Re: Severance

You labeled yourself "Slow Moving Investor" and perhaps you are showing your personality in this case of severance. Like many other things in life, this counseling is of variable value - to a young person it might be a life-changer; for you it may mean nothing but a slim chance to get some...
by GMT-8
Wed Apr 12, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Worried on my Job? Options beyond Emergency Fund?
Replies: 12
Views: 1714

Re: Worried on my Job? Options beyond Emergency Fund?

Heck no.

Save your money, stay prepared to be let go at any time, and if you are, follow your dreams.

I was always sure they would "see through me" and boot me out the door. It only happened once and took 17 years. Best thing that ever happened.

GMT-8
by GMT-8
Wed Apr 12, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Best Route to Take
Replies: 30
Views: 2620

Re: Best Route to Take

Many school districts "gift" one or two financial services companies with the opportunity to sell profitable 403(b) plans to their teachers. The plans often offer funds with high fees and mediocre performance. If that's the case in your future employment situation, you will want to steer c...
by GMT-8
Wed Apr 12, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me understand IRA
Replies: 8
Views: 734

Re: Please help me understand IRA

I'll attempt to explain it as well. 1. In a traditional, tax-deferred retirement plan IRA, SEP-IRA, Simple-IRA, 401(k) or 403(b) the money that goes into the account is SUBTRACTED FROM your taxable income in the tax year you designate, when you deposit that money in the account. YOU DON'T PAY TAX NO...
by GMT-8
Wed Apr 12, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: A Wealth Of Common Sense
Replies: 17
Views: 3690

Re: A Wealth Of Common Sense

It is possible to simplify too much. Ask devotees of Colin Chapman, whose mantra was said to be "simplify and add lightness". I'm sure there is a mandate against Bogleheads owning Lotus automobiles, which were (are?) known for simplicity, lightness, and breakage. As I have had 4 and still ...
by GMT-8
Wed Apr 12, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Advisor
Replies: 8
Views: 1359

Re: Vanguard Advisor

Dear krish727, You might read through the paper on Advisor Alpha http://www.vanguard.com/pdf/ISGAA.pdf The gist of it is summarized by Vanguard itself ( https://investor.vanguard.com/financial-advisor/financial-planning?lang=en ) as: 1. Serving as your investing coach During times when the market ri...
by GMT-8
Wed Apr 12, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Skeptical Tuna needs help hitting it big!
Replies: 22
Views: 2560

Re: Skeptical Tuna needs help hitting it big!

Dear Skeptical Tuna, I don't want to rain on your parade, but one thing to keep in mind is the reluctance of lenders to finance the building of a house, especially one whose design is outside the mainstream (you said, "passive solar"). Individual construction loans are tough to get. They a...
by GMT-8
Wed Apr 12, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Few questions to those who switched to Ally Checking
Replies: 69
Views: 6161

Re: Few questions to those who switched to Ally Checking

Bacchus, A credit union is one good answer - although mine is reluctant to do international wires, and doesn't keep enough cash on hand to give me $5000. Thus Citibank is my backup international wire and local cash supplier. One thing this site has taught me is that we may have similar long-term inv...
by GMT-8
Tue Apr 11, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Few questions to those who switched to Ally Checking
Replies: 69
Views: 6161

Re: Few questions to those who switched to Ally Checking

I'm with Baccus - I guess because I am a car guy I tend to buy cars, antiques, etc. which means either cash or a wire to the seller. Including international wires which nowadays are a pain thanks to Homeland Security intercepting and screening the recipients. I have 2 local accounts - one joint acco...
by GMT-8
Tue Apr 11, 2017 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: 36yo looking for feedback
Replies: 25
Views: 3763

Re: 36yo looking for feedback

Hello Kristen, You are thinking about these things at the right time, and not too late as most folks do. Congratulations on that. I retired at 59 with 1/4 of our assets in taxable and 3/4 in multiple IRAs, 401(k)s, etc due to multiple employers over the years. My wife also had several "buckets&...
by GMT-8
Tue Apr 11, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Spring Cleaning my 401(k)
Replies: 8
Views: 892

Re: Spring Cleaning my 401(k)

I agree with Duckie's advice. Spring cleaning should make you feel good, not like you compromised and left one or two messy closets.

Put it all into the one Vanguard 500 index fund, and after you move it next year you can start funding bonds.
by GMT-8
Tue Apr 11, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking up with my Financial Advisor
Replies: 37
Views: 2675

Re: Breaking up with my Financial Advisor

I did it with a conference call placed by the Vanguard SWAT team. They said, "We are here with your client; He will speak now: (I said my name); we are calling to initiate the transfer; we have a list of what the client has at your firm which he would like to move, and we think we know what we ...
by GMT-8
Mon Apr 03, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Mom from EJ to Vanguard
Replies: 8
Views: 1286

Re: Moving Mom from EJ to Vanguard

OP, I think your original plan is more reasonable than the VG option. I spent a couple of phone calls with them wondering if the Personal Advisor management was necessary or advantageous for my portfolio which is about the same size as hers. They came up with a similar plan with four times as many t...
by GMT-8
Mon Apr 03, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: How do you estimate future income needs?
Replies: 17
Views: 1231

Re: How do you estimate future income needs?

It's as hard to estimate retirement spending WHILE IN RETIREMENT as it is 15 years in advance, in my opinion. Some people lead disciplined, regular lives. Others do not. We don't go places with 6 months advance planning, we don't have a timeshare, we have no mortgage, we give a lot to charity. We ar...
by GMT-8
Fri Mar 31, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Sleep well or not ? [Vanguard Intermediate-Term Tax-Exempt]
Replies: 45
Views: 6889

Re: Sleep well or not ? [Vanguard Intermediate-Term Tax-Exempt]

Dear SanityCheck, The ability to sleep well at night comes with experience, and practice. As a portfolio grows over the years, it means that the size of the nightly fluctuation in value grows. I was first troubled by a daily variation of $5k, then got used to it and could be happy with $10k, then ev...
by GMT-8
Fri Mar 31, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Question re 403b with TIAA-CREF
Replies: 21
Views: 1115

Re: Question re 403b with TIAA-CREF

As a current TIAA-CREF account holder, may I add a comment -- I find getting info from that organization more mysterious and difficult than converting lead into gold. Be aware that when/if you decide to move things around later in life, the TIAA Traditional (at least for us) has a very long conversi...
by GMT-8
Fri Mar 31, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 80
Views: 11756

Re: Currently have $700,000 at 26 years old get $100,000 a year

I didn't know we had to qualify to be a Boglehead! Although I don't have the OP's financial resources, I just wandered in and never left. Perhaps he is just investigating and could be gaining a great deal from this conversation - such as the "don't let future girlfriends know your situation&quo...
by GMT-8
Fri Mar 10, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: 28yo, New Millionaire, Advice on Wealth Management
Replies: 64
Views: 7301

Re: 28yo, New Millionaire, Advice on Wealth Management

Congratulations. I agree you don't need a money manager. But you do need a tax person on your side. Someone who will do your tax prep and who can answer (stupid) questions that will pop into your head now and then. Maybe someone who knows the company you sold? Or referred to you by someone wealthier...
by GMT-8
Thu Mar 09, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: 59 1/2 today......suggestions?
Replies: 15
Views: 1193

Re: 59 1/2 today......suggestions?

I'm a few years old than you, live in Calif and have 25% more in my IRA. I started looking at the Roth conversion issues and timing, but after half-hour of conversation, my tax man said, "Stop fussing about, forget the Roth and just pay the taxes when you take it out. It's not worth the trouble...
by GMT-8
Mon Feb 27, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: tax efficiency advice for retirement withdrawals
Replies: 4
Views: 723

Re: tax efficiency advice for retirement withdrawals

Hi Marco (and jr6857): I am in a similar situation but a bit older, at 65. I have been retired 5 years, and am also trying to tap my funds in a tax-efficient manner. Perhaps too concerned at saving / avoiding taxes. We have most of our assets at Vanguard. 20% taxable 80% tax deferred trad IRA & ...

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