Search found 31 matches

by Messner8000
Sat Jul 29, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can you overdose on 3-fund portfolios?
Replies: 8
Views: 986

Re: Can you overdose on 3-fund portfolios?

Thanks, Jbolden for the article and succinct (and thought-provoking) thoughts. I guess my answer is that at my current level of knowledge (only been reading/learning about this stuff for about 4 months), by necessity I value simplicity because I don't yet have the toolbox necessary to increase compl...
by Messner8000
Sat Jul 29, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can you overdose on 3-fund portfolios?
Replies: 8
Views: 986

Re: Can you overdose on 3-fund portfolios?

Thanks for the information. I just started reading Ferri's All about Asset Allocation, and so looks like I'm on the right track there! Fortunately, all of our accounts - 401k, ROTH 401k, 403(b), etc. - have access to the Vanguard index funds I mentioned, and so that at least really simplifies things...
by Messner8000
Sat Jul 29, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Can you overdose on 3-fund portfolios?
Replies: 8
Views: 986

Can you overdose on 3-fund portfolios?

I have a 401k, my wife has a 403(b), and we each have a ROTH IRA. These used to be invested in a wide range of individual stocks and other not-so-great investments managed by an adviser, but now I have seen the light (thanks to lots of reading and folks on this board) and have transferred several of...
by Messner8000
Fri Jul 28, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Plan Detective: Where do I find the "hidden" fees?
Replies: 8
Views: 569

Re: 403(b) Plan Detective: Where do I find the "hidden" fees?

Thanks, everyone. That makes me feel a bit more comfortable that maybe we're just lucky!
by Messner8000
Fri Jul 28, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Plan Detective: Where do I find the "hidden" fees?
Replies: 8
Views: 569

403(b) Plan Detective: Where do I find the "hidden" fees?

My wife just got a job in the public schools and they are offering her a 403(b) through Fidelity (through a program they call FidelityNetBenefits). I had heard horror stories about 403(b) fees and expected the worst. I just called Fidelity, and they said that for her school's 403(b) fund I have acce...
by Messner8000
Tue Jul 18, 2017 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 794

Re: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

Thanks again for your thoughts. In response to your question, Celia, it's actually pretty simple (and I think somewhat common). My wife (who is in her mid-30s) has always socked a little away in a ROTH since she started working, and her parents' adviser has always invested those little amounts each ...
by Messner8000
Mon Jul 17, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 794

Re: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

Thanks for the thoughts. To answer pk's question, the fund is with Fidelity but I'm thinking of moving it to Vanguard, and the only reason we didn't pay for the adviser is that it's that my wife's parents use the adviser (and pay his 1% commission :() and as a "perk" he "manages" this small amount o...
by Messner8000
Sun Jul 16, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 794

Re: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

To answer your question, right now my portfolio is a simple three-fund approach: about 50% Total Stock Market (VTSAX), 30% Total International Stock Index (VTIAX) and 20% Total Bond Market Index Fun (VBTLX). So I plan to sell the Equal Sector Weight ETF and just use the money to buy the above holdin...
by Messner8000
Sun Jul 16, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 794

Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

My wife has a ROTH IRA that is 100% invested in a fund called ALPS Equal Sector Weight ETF (EQL). The expense ratio of the fund is .48. My plan (as I have already done with all of my holdings) is to sell the entire fund and then purchase shares of Vanguard Target Retirement Fund with a 80/20 AA. (Fo...
by Messner8000
Fri Jul 14, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Why "Exchange" Funds Instead of "Sell" Funds?
Replies: 12
Views: 1068

Re: Why "Exchange" Funds Instead of "Sell" Funds?

Thanks everyone. That all makes a lot of sense and I appreciate the prompt and helpful responses. Geez...this forum is awesome.
by Messner8000
Fri Jul 14, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Why "Exchange" Funds Instead of "Sell" Funds?
Replies: 12
Views: 1068

Re: Why "Exchange" Funds Instead of "Sell" Funds?

Gotcha - the funds I am selling are not Vanguard and the funds I am buying are Vanguard, and so it looks like perhaps for my purposes there isn't a difference....
by Messner8000
Fri Jul 14, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Why "Exchange" Funds Instead of "Sell" Funds?
Replies: 12
Views: 1068

Why "Exchange" Funds Instead of "Sell" Funds?

Maybe a newbie question, but I'm in the process of selling various mutual funds and buying various Vanguard index funds. When I go to make the trade, I have the option to "sell" or "exchange." Given that these funds are all in a ROTH IRA (i.e., no tax implications), I assume there is no difference b...
by Messner8000
Fri Jul 14, 2017 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Ready to Take the Plunge - Am I doing my 4-fund portfolio right? (Dumbest Post Ever?)
Replies: 7
Views: 931

Re: Ready to Take the Plunge - Am I doing my 4-fund portfolio right? (Dumbest Post Ever?)

Thanks for the responses everyone. I can't believe I messed up the percentages...I guess it was a late night :) Thanks also for the thoughts about the International Bond Index Fund and decreasing that a small amount so I can get Admiral shares for the Total Bond Market Index Fund. That seems to make...
by Messner8000
Thu Jul 13, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to Take the Plunge - Am I doing my 4-fund portfolio right? (Dumbest Post Ever?)
Replies: 7
Views: 931

Ready to Take the Plunge - Am I doing my 4-fund portfolio right? (Dumbest Post Ever?)

Alright, so after getting inspired on this website to be a DIY-er, I am ready to take the plunge. I have left my financial adviser, transferred my ROTH to a Vanguard account, and am ready to sell all my mutual funds with absurd expense ratios and individual stocks, and start my 4-fund portfolio. I h...
by Messner8000
Sat Jul 01, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: How do you Limit Risk if You Shouldn't Own Bonds in a Taxable Account?
Replies: 26
Views: 1915

Re: How do you Limit Risk if You Shouldn't Own Bonds in a Taxable Account?

Thanks, PK. For what it's worth, while presumably I'll use lots of the taxable fund in retirement, I don't really think of it as a retirement account per se. I feel like between 2 pensions and max'd out 401k/403bs/ROTHs, the taxable account is more of just a place to put "extra" money I don't need t...
by Messner8000
Sat Jul 01, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: How do you Limit Risk if You Shouldn't Own Bonds in a Taxable Account?
Replies: 26
Views: 1915

Re: How do you Limit Risk if You Shouldn't Own Bonds in a Taxable Account?

First off, sorry about the spacing :) Thanks everyone for the advice, and the link to the White Coat Investor article---interesting stuff. As I'm learning, there is no one-size-fits-all investing strategy (duh). I must admit that even though I've been reading a lot of posts/books/etc. as a newbie in...
by Messner8000
Sat Jul 01, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: How do you Limit Risk if You Shouldn't Own Bonds in a Taxable Account?
Replies: 26
Views: 1915

How do you Limit Risk if You Shouldn't Own Bonds in a Taxable Account?

After reading lots of old posts about tax efficiency, I think I finally grasp that it doesn't make sense (tax-wise) to include bonds in a taxable account, and thus it is a good idea to not put Vanguard LS or Target Retirement Funds in a taxable account (as I was planning to start doing - so thanks e...
by Messner8000
Sat Jul 01, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Wife Got a New Job - Max 403b or Open Taxable Account?
Replies: 7
Views: 763

Re: Wife Got a New Job - Max 403b or Open Taxable Account?

Thanks, everyone. Glad to see that my instinct to go with maxing my 403b seems to be a good plan. As always, I appreciate the advice!
by Messner8000
Fri Jun 30, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Wife Got a New Job - Max 403b or Open Taxable Account?
Replies: 7
Views: 763

Wife Got a New Job - Max 403b or Open Taxable Account?

I have a somewhat strange but (I think) straightforward question. I currently max out my 401k and have saved an adequate emergency fund. I have a chunk of money (let's say $18,000 to hopefully make this question clearer) now sitting in my 1% money market account that I had planned to invest in a tax...
by Messner8000
Sun Jun 25, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Crazy(?) Adviser Advice: "I don't believe in bonds"
Replies: 49
Views: 5496

Re: Crazy(?) Adviser Advice: "I don't believe in bonds"

Wow - as a newbie to the site I really appreciate all of the thoughts! I'm glad to see that my current plan - to move my account from the adviser to a vanguard target retirement account with an 80/20 or 90/10 AA - seems to me consistent with what many folks recommended. I think what got me confused ...
by Messner8000
Sat Jun 24, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Crazy(?) Adviser Advice: "I don't believe in bonds"
Replies: 49
Views: 5496

Re: Crazy(?) Adviser Advice: "I don't believe in bonds"

Thanks, everyone for the advice (and I'll read that blog post about bonds!) It sounds like maybe the advice wasn't as bad as I thought, but instead a point of view to consider as I settle on my desired asset allocation. Thanks!
by Messner8000
Sat Jun 24, 2017 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Crazy(?) Adviser Advice: "I don't believe in bonds"
Replies: 49
Views: 5496

Crazy(?) Adviser Advice: "I don't believe in bonds"

I recently left a financial adviser who was managing my money. In one of our last conversations I asked him to talk me through how he'd invested my portfolio. I'm 25 years from retirement, and my ROTH was invested 100% in equities. During the conversation he said many things that, after reading many...
by Messner8000
Thu Jun 01, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: New to This--How does my Long-Term Plan/Portfolio Look?
Replies: 4
Views: 734

Re: New to This--How does my Long-Term Plan/Portfolio Look?

Thanks, Elbowman - that makes a lot of sense. I will look into her fund options and see if I can find anything with a lower ratio, and then perhaps when I sell all the ROTH IRA holdings I can re-invest them in something that (combined with my 401k) will get me to the proper asset allocation. Thanks ...
by Messner8000
Wed May 31, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: New to This--How does my Long-Term Plan/Portfolio Look?
Replies: 4
Views: 734

Re: New to This--How does my Long-Term Plan/Portfolio Look?

Thanks, mhalley, for the helpful thoughts. To answer your question, in my 401k about 44% is in the C Fund, which tracks the S&P500, and approx. 15% is in the S-fund, which tracks the total stock market. Thanks also for the thoughts on VSAGX. My inclination is that with my goal of a "set it ...
by Messner8000
Mon May 29, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: New to This--How does my Long-Term Plan/Portfolio Look?
Replies: 4
Views: 734

New to This--How does my Long-Term Plan/Portfolio Look?

Hi Everyone – My first series of posts on this website convinced me that I was right to leave my “free” investment adviser – so thanks for all the advice! Many of you suggested I ask my more detailed questions in this space, and so I’ve included the relevant information below. I hope I did it right!...
by Messner8000
Mon May 22, 2017 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2533

Re: Should I Leave a Free Investment Advisor?

Thanks, retiredjg, for the advice and for sending over the portfolio help posting information!
by Messner8000
Mon May 22, 2017 6:12 am
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2533

Re: Should I Leave a Free Investment Advisor?

Thanks, Abyan, for the advice - it totally didn't occur to me to transfer everything before selling (but it obviously makes total sense). Since it sounds like you were perhaps in a similar situation, I'm wondering how you (or others in a similar situation) dealt with one issue I'm struggling with. O...
by Messner8000
Sun May 21, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2533

Re: Should I Leave a Free Investment Advisor?

Thanks everyone for the replies - a lot to think over! My marginal tax rate next year will be 28% or 33%, and so it looks like I'll need to perhaps reconsider sending everything to a ROTH TSP (and perhaps divide more between the ROTH TSP and TSP). Thanks also for the math examples - that helped clar...
by Messner8000
Sun May 21, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2533

Re: Should I Leave a Free Investment Advisor?

Responding to Delamar's point - wouldn't it be the case that if I'm not touching the money for 20 or 30 years, I would be better off paying taxes on the initial investment now (and no taxes on the gains later) instead of paying no tax now and having to pay tax on the gains later? I've read Delamar's...
by Messner8000
Sun May 21, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2533

Re: Should I Leave a Free Investment Advisor?

Thanks everyone for such quick and helpful responses! To answer your question, delamar, to my knowledge I am maxing out my tax-deferred plans. I put $5,500/year in a ROTH, and the government retirement plan has a ROTH and non-Roth option (called traditional TSP and ROTH TSP), and I maxed out the ROT...
by Messner8000
Sun May 21, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2533

Should I Leave a Free Investment Advisor?

I’ve just started my investing “awakening” and have found this website (and the books it recommends) invaluable. I hope to one day be able to "pay it forward" by learning enough to respond to others posts. I’m 34 years old and have about $60,000 in a ROTH IRA. My parents pay a 1% per year ...