Search found 3533 matches

by Lafder
Fri Oct 20, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 10
Views: 720

Re: 401k "only" up 13.5% YTD

What was /is the asset allocation for the target date fund vs your current holdings? I am guessing you increased your bond holdings by going to the individual funds you control. A few % points don't make that much difference for this year. The real difference is how much less your accounts will drop...
by Lafder
Fri Oct 20, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Regular Taxable Accounts vs Tax-Advantaged
Replies: 18
Views: 1449

Re: Regular Taxable Accounts vs Tax-Advantaged

Ideally you could max out tax advantaged retirement accounts PLUS have taxable investments !! Yes retirement accounts (special letter and number alphabet soup accounts) have extra rules and restrictions. They are not that hard to figure out. Ideally you put money in and don't take it out til you nee...
by Lafder
Fri Oct 20, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Pulling some profits
Replies: 13
Views: 1814

Re: Pulling some profits

We did question the fees you are paying at EJ back when you posted before.

As you get older, it makes sense to shift to a higher % bonds. I have been thinking of doing the same myself.

You might want to consider posting all of your current holdings for a deeper look now.

lafder
by Lafder
Fri Oct 20, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Gifting taxable account with large capital gains to college children
Replies: 11
Views: 621

Re: Gifting taxable account with large capital gains to college children

Since the money is at Wells Fargo, you will pay a lot in fees if you leave it there forever if it is investments, if savings or money market it is low interest. So yes you should look at moving the holdings or selling and moving to a lower cost holding such as at Vanguard immediately and pay the cap...
by Lafder
Thu Oct 19, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with Trust
Replies: 7
Views: 303

Re: Need help with Trust

If it is appropriate to get this information, I would want a list of the current investment specifics. Is it stocks, mutual funds, bonds, other ? What are the expense ratios of the holdings, and what management fees are being paid? If you can post it we can talk through it more. I am sorry your rela...
by Lafder
Thu Oct 19, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Need Some Advice [changing advisors]
Replies: 15
Views: 912

Re: Need Some Advice [changing advisors]

Yodi2, As long as you have the patience to read posts here, you do not need to read a whole book ! :) You do not have to deal with your advisor. You can decide where you want to move your money, and they can pull it from EJ. Both Vanguard and Fidelity have low cost fund options. Both have higher cos...
by Lafder
Wed Oct 04, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of bond investment
Replies: 28
Views: 2150

Re: Pay off mortgage instead of bond investment

Another vote to pay it off !

Then you can start investing, or saving the equivalent of the mortgage payments each month.

You have enough money that you have a lot of options.

I would be considering retiring now with those assets. But if you like your job, do it as long as you can :)

lafder
by Lafder
Wed Oct 04, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Transitioning from Pension job to private practice
Replies: 6
Views: 559

Re: Transitioning from Pension job to private practice

70/30 seems reasonable. We are average age 51 and we are aiming for 65/35 after years of 80/20. 20% International is a bit low from Vanguard's recs of 30-50% of stocks. But within the range rec here of 0-50% Life is too short to be stuck in a job you are burned out on. It could be that a year of pri...
by Lafder
Sun Oct 01, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Proposing a standard for asset allocation notation: 60+15/25
Replies: 12
Views: 1251

Re: Proposing a standard for asset allocation notation: 60+15/25

An issue I see is that we usually talk about % of stocks International, not % of portfolio. Yes it needs to be converted to % of total for rebalancing and asset allocation calculations. So you are really saying 75% stock/25% bond, and 20% of stocks are International. (I like to say it this way 75/25...
by Lafder
Sun Oct 01, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: New 100K portfolio - which bonds?
Replies: 6
Views: 1046

Re: New 100K portfolio - which bonds?

I am seeing some redundancy in your holdings, perhaps by choice ? https://www.bogleheads.org/wiki/Approximating_total_stock_market Total stock market fund = Large cap/SP 500 + mid cap + small cap Extended Market = Mid and small cap So if you hold total stock market you already hold large, mid, and s...
by Lafder
Sun Oct 01, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for 22 year old daughter's portfolio?
Replies: 29
Views: 2150

Re: Suggestions for 22 year old daughter's portfolio?

VTWIX is an all in one world stock fund with over 50% US stocks, and under 50% International stocks. If she is ok with that higher percent of International, this fund plus a total bond fund are all she needs. Vanguard is rec 30-50% of one's stock holdings be International, and are using that range o...
by Lafder
Sun Oct 01, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Want a mega-backdoor Roth for self employed income
Replies: 5
Views: 433

Re: Want a mega-backdoor Roth for self employed income

I haven't found a self employed mega back door Roth. If you find one, with low fees, I want to know too so I can use it ! I am using Fidelity for my solo401k = self employed 401k = Keogh as they call it on their documents. There is no mega backdoor option I have found. Fidelity had better solo 401k ...
by Lafder
Sun Oct 01, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 29
Views: 2558

Re: Portfolio Review Request - ReadyInvestor

I agree I would max contributions to TSP for the rest of the year, even if it meant needing to pull $ from taxable savings to cover living expenses. I like to max tax advantaged space and you were making changes in your holdings anyway :)
lafder
by Lafder
Sat Sep 30, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 3985

Re: I bought a car without thinking too much about value

Don't worry about the warranty. If you don't need it down the road, you won't miss the small amount of money spent years before. If you do need it.............you will be glad. We did not buy the extended warranty on our Prius, so far so good. But we did buy it on our next hybrid that was a first ye...
by Lafder
Thu Sep 28, 2017 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do ( temporarily) with a lot of cash
Replies: 3
Views: 383

Re: What should I do ( temporarily) with a lot of cash

I might KISS and keep it in my usual bank account. But with the FDIC limits, you might need to open a separate account to be insured. Probably paranoia on my part, but you never know. A few weeks time is short enough to put it in a regular account and forget about it. The other thing I would conside...
by Lafder
Thu Sep 28, 2017 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 29
Views: 2558

Re: Portfolio Review Request - ReadyInvestor

If you are sure you want to leave Schwab, call VG or Fidelity and tell them you want to move funds to them and they can "pull" the funds to them so you do not even need to speak with your current advisor or let them know your plans. There may be some fees, but sometimes they can be waived to get the...
by Lafder
Thu Sep 28, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: We need help! Individual stock portfolio getting out of hand.
Replies: 23
Views: 1889

Re: We need help! Individual stock portfolio getting out of hand.

Don't waste your time trying to make a mutual fund. Spend times doing what you enjoy and let the markets do the "work" of investing for you. I spend much more time reading on this site than touching my investments. I find the simple elegance of a three or four fund portfolio quite convincing. Read t...
by Lafder
Wed Sep 27, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 29
Views: 2558

Re: Portfolio Review Request - ReadyInvestor

Is the bulk of your current $ that you have control of at Schwab now? What is your arrangement with the broker/planner ? Are you paying them a set annual fee ? I have an "advisor" at Fidelity, but he has no access to my accounts and makes no changes on them. He contacts me and asks if he can help. B...
by Lafder
Wed Sep 27, 2017 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Double checking capital gains taxes due on home sale if a rental or not
Replies: 7
Views: 905

Re: Double checking capital gains taxes due on home sale if a rental or not

Thank you all. That is very helpful! I understand it more. I forgot our income the year we sell could make a difference too. I also did not know the basis for sale was the actual basis. I thought it converted to the depreciated basis. All so interesting. Yes I have an accountant who does my taxes. I...
by Lafder
Mon Sep 25, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Double checking capital gains taxes due on home sale if a rental or not
Replies: 7
Views: 905

Re: Double checking capital gains taxes due on home sale if a rental or not

The articles are helpful, but I am still not clear :shock: Home was primary residence over 10 years. Converted to a rental 2013. Cost basis assume 500k at time placed as a rental. Depreciation has been taken as a rental. At about 18,000 per year (500k divided by 27.5 ). So after 5 years, cost basis ...
by Lafder
Mon Sep 25, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Coworker asked me about a adviser
Replies: 24
Views: 3290

Re: Coworker asked me about a adviser

I tell people the best place I have found for financial advice is bogleheads.org

I would mention it the next time you see the coworker. I am biased since I think this is a better place for advice than any financial advisor for most situations. Do you use the financial advisor you rec ?

lafder
by Lafder
Mon Sep 25, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Double checking capital gains taxes due on home sale if a rental or not
Replies: 7
Views: 905

Double checking capital gains taxes due on home sale if a rental or not

I am trying to get my head around the tax differences if I live in a former rental for 2 years before selling it or not. There are moving and hassle costs to moving back in. But for some $ amount it becomes worth it. I have been telling myself that the appreciation of the property makes up for the e...
by Lafder
Sat Sep 23, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 1935

Re: Is it a good time to buy Apple Stock on 9/23?

Why not take your 100k and buy VTSAX , Vanguard Total Stock Market Index Admiral Shares ? The expense ratio is 0.04% per year. And Apple stock is the largest stock % it owns as of now. So you get a big chunk of Apple stock. Plus, you are also buying the diversity of 3606 OTHER stock holdings so your...
by Lafder
Sat Sep 23, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5377

Re: $3.6 million at age 25 - need investment advice

+1 to a three fund portfolio Figure out what amount of cash you need in an emergency fund and keep that in a simple bank account. There are recs for 3-6 months of expenses though some folks go higher. Invest the rest. Do you have a will? Max your retirement accounts at work. Even if it means no or a...
by Lafder
Sat Sep 23, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 29
Views: 2558

Re: Portfolio Review Request - ReadyInvestor

Emergency funds: Paying car debt so we have a $2000 EF right now en route to $24k (3mos expenses). Debt: $8700 car debt (2%), 330,000 mortgage (3.5% fixed) ((I have a car loan too. I will be glad when it is paid off.)) Tax Filing Status: Married Filing Jointly w/ 2 kids Tax Rate: 15% Federal in 2016...
by Lafder
Thu Sep 21, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 29
Views: 2558

Re: Portfolio Review Request - ReadyInvestor

Great job converting to % of total.

It really lets you see how tiny and insignificant the smaller holdings are which will make it easier to make changes :)

I will take a deeper look when I can. We can help you simplify for sure.

lafder
by Lafder
Tue Sep 19, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 29
Views: 2558

Re: Portfolio Review Request - ReadyInvestor

Go back and edit your post so each account % is of the total, not per account. It makes a huge difference in how you analyze your holdings since some accounts are tiny compared to others. Such as, if a holding is listed as 50% as you have it now, if 50% of a tiny account, it could be much less than ...
by Lafder
Mon Sep 18, 2017 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Divorced parents saving for kids college
Replies: 16
Views: 1184

Re: Divorced parents saving for kids college

I suggest you each make an account for the purpose of your child's college. That way you and your ex spouse can each investigate if a 529 or other account makes the most sense and there is no need to agree about what kind of account or how you are investing it. Then if not used for college , each of...
by Lafder
Sun Sep 17, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401(K) Reallocation Question
Replies: 4
Views: 369

Re: Fidelity 401(K) Reallocation Question

VBTIX is an excellent low cost bond fund. I use it myself. As suggested, edit your post to present all of your holdings like this to get feedback on your entire portfolio and make the most of it. You can go back and edit your first post above. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=621...
by Lafder
Sun Sep 17, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: How to add spouse to Fidelity solo 401K?
Replies: 2
Views: 240

Re: How to add spouse to Fidelity solo 401K?

Call them.

Do you mean as a beneficiary, administrator, or spouse- employee member of the plan?

lafder
by Lafder
Sun Sep 17, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Insurance question- pediatric well visits
Replies: 2
Views: 357

Re: Insurance question- pediatric well visits

It depends on how the doctor's office coded the visit. A well child check would be just that, a check up with no specific complaint or issue. If you happened to go with a concern it could be coded as a visit for that purpose. I am unaware at what age a "well child check" becomes one visit a year. If...
by Lafder
Sun Sep 17, 2017 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Tax Implications of Buying a House and Renting it Out
Replies: 9
Views: 946

Re: Tax Implications of Buying a House and Renting it Out

Here is a more detailed list of tax considerations/expenses that would count against income. I have no ties to this link, I just found it online.

https://www.landlordology.com/tax-deduc ... landlords/

lafder
by Lafder
Sun Sep 17, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Tax Implications of Buying a House and Renting it Out
Replies: 9
Views: 946

Re: Tax Implications of Buying a House and Renting it Out

It seems unlikely your rental profit will be 14k. You need to consider expenses, that lower the income, and depreciation, that also lowers income. It is possible the house would even be a "loss" for tax purposes when income, expenses, depreciation are all considered. You need to read about what expe...
by Lafder
Sat Sep 16, 2017 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: What funds would you pick if you were creating you own small business 401k?
Replies: 21
Views: 1217

Re: What funds would you pick if you were creating you own small business 401k?

What Ruralavalon suggested :) KISS and make it hard for employees to make a bad portfolio. Offer the 3 fnd portfolio in index funds : Total stock market, total international stock market, total bond market. Plus or minus REITs and an International Bond Index. Plus add all in one Target Date retireme...
by Lafder
Sat Sep 16, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 5
Views: 785

Re: Portfolio Review

Welcome here! Sorry there was a delay in any replies :) Hopefully my reply will get others to take a closer look too. DEBT 281K remaining on mortgage est home value >350K probably closer to 400k - 3.5%/30 yr. 27 yr remaining. ((Are you paying ahead?)) 5K CC at 0% will be payed off by 8/18 ((Good)) P...
by Lafder
Sat Sep 16, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: What care services are available for elderly grandfather (MA)?
Replies: 11
Views: 671

Re: What care services are available for elderly grandfather (MA)?

Can you visit him (and sleep in his home) for a few days and get a first hand sense of how he is doing? Then have a heart to heart talk. A housekeeper could do cleaning and laundry. Bottom line, if he is competent to make his own decisions and does not want help it is his choice. Quite clever of him...
by Lafder
Sat Sep 16, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: sell high/buy low??
Replies: 25
Views: 3074

Re: sell high/buy low??

A "taxable" account is any account that is not a special letter/number retirement account. So there are no special rules for taking money out. It can be a bank account or any investment account. It is any non "retirement" account. Note taxable accounts can be used for retirement expenses. But they d...
by Lafder
Sat Sep 16, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Critique
Replies: 4
Views: 540

Re: Portfolio Critique

Fidelity allows you to roll old retirement accounts into their solo401k. I also started my solo401k at VG, but moved to Fidelity for this reason. Much to my surprise, the ERs on the Fidelity solo401k options are lower than the equivalent index funds at VG. So overall a win for me to switch to Fideli...
by Lafder
Sat Sep 16, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Late Retirement Help for 65 Year Old Parents
Replies: 8
Views: 1300

Re: Late Retirement Help for 65 Year Old Parents

Solo401k allows more to be put away because he can put away as employer AND employee so more can be put away pretax for the same income. Fidelity has a decent solo401k, it is better than Vanguards. Also, mom AND dad can use a back door Roth with the solo401k to put away an extra 6500 each into a Rot...
by Lafder
Sat Sep 16, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Advice on kids money
Replies: 6
Views: 797

Re: Advice on kids money

I have my kids' money in my name in Vanguard'd Life Strategy Moderate Growth. It is an all in one fund with low Expense Ratio and the aggressiveness matched the time line I wanted. As mentioned, you really need to look at the expense ratios of the funds you have your money in as well as front load f...
by Lafder
Fri Sep 15, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1042

Re: portfolio review please

((You need to adjust all of your % so it is % of total, not including Emergency Fund. It will help you see how small some holdings are. Her traditional IRA is really 5.7% of total as 23559.38/407,000. You might want to check my math below. You seem to have used % of Her portfolio as % and % of total...
by Lafder
Fri Sep 15, 2017 8:25 am
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1042

Re: portfolio review please

Great job gathering the info! Start with the basics. What is your desired AA of stocks/bonds, and what % International do you want? That answer will help you figure out how to simplify your holdings. Each account does not need to duplicate your AA. The smaller accounts can even have just one holding...
by Lafder
Thu Sep 14, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: What do I need to do next?
Replies: 11
Views: 1755

Re: What do I need to do next?

Congrats on being so close to the 30 years you need for your pension ! Hard to believe they would let you go after so many years. Don't borrow trouble and worry about that now. Deal with job loss IF it happens. If you lost the current job, it would be worth finding any job in the same system to top ...
by Lafder
Sat Sep 09, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance when not in flood plain?
Replies: 39
Views: 3473

Re: Flood Insurance when not in flood plain?

I pay for flood insurance even though I am not in an official flood plain. My common sense tells me I am close enough to a river it could be a problem if the river floods..............
Lafder
by Lafder
Fri Sep 08, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Company Sold, Now does this make sense?
Replies: 13
Views: 2140

Re: Company Sold, Now does this make sense?

Congrats on your business success and options that provides! Your proposed portfolios are more complex than they need to be. Consider the simplicity of a 3 fund portfolio. Take the time to read this and it will answer most questions you can think of https://www.bogleheads.org/forum/viewtopic.php?f=1...
by Lafder
Mon Sep 04, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Hazardous Tree
Replies: 15
Views: 1747

Re: Hazardous Tree

Are you sure you have the correct contact info for the HOA ? It seems unusual to get zero reply. My HOA board members turn over every year. Perhaps send an email to all board members, and track down the HOA insurance company and send them notice about the tree as well. The insurance will be motivate...
by Lafder
Sun Aug 06, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: 529: possible to use $140k parental gift tax exemption twice within 5 years with two children?
Replies: 17
Views: 1218

Re: 529: possible to use $140k parental gift tax exemption twice within 5 years with two children?

What balance are you hoping to have by the time any future kids are college age? It occurs to me that if you can fund 529s multiple times with 70-140k, are 529s your best financial planning options? Yes there are tax advantages if used on education. But......doublecheck the ongoing extra fees for 52...
by Lafder
Sun Aug 06, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 66
Views: 5812

Re: HCP & Real Estate investor seeks advice [Health Care Provider]

Traditional 401k - $15K - random mix of funds, but I recently changed allocation to 87% C fund, 13% S fund ((That seems fine :))) Roth 401k - $0 ((I max pretax 401k before thinking of a post tax Roth 401k)) Roth IRA - $5K - USIFX/USGRX/UVALX/USAIX range 0.51 - 1.13 ER ((You can do much better than 0...
by Lafder
Sun Aug 06, 2017 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 66
Views: 5812

Re: HCP & Real Estate investor seeks advice

Welcome here! I would max your 401k and any other pretax options. That way you put away the larger pretax amount away to grow over the years and hopefully will be in a lower tax bracket in retirement than now. If you change jobs you can take your 401k with you and put it somewhere you have full cont...
by Lafder
Fri Aug 04, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help: Fidelity or Vanguard
Replies: 33
Views: 2570

Re: Help: Fidelity or Vanguard

I a sorry for your bad experience. I almost never deal with the office. The phone reps get to speak with many more customers a day I suspect they know the answers to questions more than the hired suits in the office that do nowhere near the volume in customers. We did go into the office to sign Powe...