We have been doing Backdoor ROTH at Vanguard for many years now (always from same Bank of America checking), and this year was the fastest it has ever been. We have the brokerage account and it is linked to our BOA checking.
1/5/23 - Contributed $7,500 (first year for catch-up) to spouse TIRA and $6,500 to my TIRA into the settlement fund
1/7/23 - Converted to ROTH IRA for both in minutes. Just selected no tax withheld.
1/7/23 - Funds were immediately available in ROTH to schedule purchase of VTSAX at close of 1/9/23.
I didn't check the accounts on 1/6/23 because I assumed the funds would not be available to convert.
Search found 114 matches
- Sat Jan 07, 2023 2:02 pm
- Forum: Personal Investments
- Topic: Backdoor Roth steps at Vanguard are different this year
- Replies: 56
- Views: 6739
- Fri Apr 22, 2022 4:24 pm
- Forum: Investing - Theory, News & General
- Topic: I Bonds Mega Thread (I Bond Heads Rejoice!)
- Replies: 6651
- Views: 1204352
Re: I Bonds Mega Thread (I Bond Heads Rejoice!)
I mailed mine on April 4th, and didn't get an acknowledgement of receipt till April 20th. It was delivered on the 11th (certified mail).
They are very backed up and estimate it might take 8 weeks to process them.
Last year the whole process took a week. I wouldn't worry yet.
- Sat Mar 12, 2022 9:36 am
- Forum: Investing - Theory, News & General
- Topic: Always wanting To Do Something?
- Replies: 26
- Views: 3352
Re: Always wanting To Do Something?
Give yourself credit for analyzing the effects of your tinkering. That is a really good start to achieving a detachment from the market volatility. Next step is to make sure your AA is compatible with your appetite for risk and your timeline. If you are in the accumulating phase - you are always doing something. Save and invest according to your AA. Market goes down - save and invest. Market goes up - save and invest. Do your tinkering on your budget side to save more if you can. When I first found Boglheads and just started investing, it was hard for me to not tinker or second guess myself. But you just have to embrace your IPS and set your AA to the risk you are comfortable with for your life stage. It can take a year or two to truly real...
- Thu Jan 27, 2022 9:15 am
- Forum: US Chapters
- Topic: Happy 98th Birthday to Taylor Larimore 🎂🍰🎉🎊❤️🎁⭐️
- Replies: 264
- Views: 19422
Re: Happy 98th Birthday to Taylor Larimore 🎂🍰🎉🎊❤️🎁⭐️
Happy Birthday Taylor!
You have helped my family onto the path of financial security, and have been an inspiring presence on this forum.
Wishing you a day filled with love of family and friends.
You have helped my family onto the path of financial security, and have been an inspiring presence on this forum.
Wishing you a day filled with love of family and friends.
- Fri Dec 31, 2021 6:44 pm
- Forum: Investing - Theory, News & General
- Topic: Official Registration For The 2022 Boglehead Contest
- Replies: 733
- Views: 41566
Re: Official Registration For The 2022 Boglehead Contest
Close 2022: 5386
- Sun Nov 07, 2021 9:47 am
- Forum: Personal Finance (Not Investing)
- Topic: When is it worth it to risk health to make more money in job?
- Replies: 100
- Views: 11013
Re: When is it worth it to risk health to make more money in job?
Money is a tool, not the goal. There are times when you have no choice - we have been there in 2008 and last year, when my husband and I had to put in 15+hours/day to adjust and take our business in new directions. When we were in our 30s our bodies could handle the stress, lack of sleep, and poor diet much better. But last year took a toll on our health. My husband had a huge health scare and it was a big wake up call. My teenage sons would much rather have extra time with their dad than any amount of money in the world. It sounds trite, but families can cut back on so much "stuff" when they realize what is really important at the end of the day. Making healthy habits, exercise and nutrition a priority also makes good financial s...
- Thu Oct 28, 2021 8:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Unintended Charge
- Replies: 12
- Views: 1098
Re: Unintended Charge
I would definitely let the store know about this - Something must be wrong with their card reader. I have used Tap and pay hundreds of times over the last few years and the card has always had to be within 1-2 inches of the reader.
- Fri Oct 22, 2021 10:24 am
- Forum: Investing - Theory, News & General
- Topic: 529 accounts and asset allocation
- Replies: 60
- Views: 7749
Re: 529 accounts and asset allocation
We have two 529 accounts at my529 (Utah) for our 15 and 13 year old kids.
We use the aggressive domestic AA recommended by the plan.
https://advisor.my529.org/age-based-agg ... -domestic/
We do have to set the AA manually once a year now because my529 switched to a default plan that now includes international and does not offer the aggressive domestic AA as an automatic option anymore.
For our 15 year old we are currently 50/50 and for our 13 year old we are 60/40.
This is more conservative than our retirement AA of 70/30.
We expect to use the 529 accounts to fully pay for 4 years college for both kids - either private or state.
We use the aggressive domestic AA recommended by the plan.
https://advisor.my529.org/age-based-agg ... -domestic/
We do have to set the AA manually once a year now because my529 switched to a default plan that now includes international and does not offer the aggressive domestic AA as an automatic option anymore.
For our 15 year old we are currently 50/50 and for our 13 year old we are 60/40.
This is more conservative than our retirement AA of 70/30.
We expect to use the 529 accounts to fully pay for 4 years college for both kids - either private or state.
- Wed Oct 13, 2021 7:18 am
- Forum: Personal Consumer Issues
- Topic: Curbside mailbox security options
- Replies: 51
- Views: 4237
Re: Curbside mailbox security options
kiwisun wrote: ↑Tue Oct 12, 2021 8:11 pmGot it. Would it be possible to share the model you are using for reference?SocalLiving wrote: ↑Tue Oct 12, 2021 3:07 pm When we bought our house, our security cameras caught someone going through all the mailboxes on the street almost every morning. We talked to the postman who delivers our mail and he recommended replacing the mailbox with a locked one. We did exactly that, and have never had to worry about our mail. The slot is big enough for mail, bulky envelopes, and small packages, but its impossible to stick your hand in.
Mail Boss 7506 Mail Manager Curbside Locking Security Mailbox, Black,Large
$99 Ships and sold by Amazon.
The same brand and model might be available at Home Depot or equivalent.
- Tue Oct 12, 2021 3:07 pm
- Forum: Personal Consumer Issues
- Topic: Curbside mailbox security options
- Replies: 51
- Views: 4237
Re: Curbside mailbox security options
When we bought our house, our security cameras caught someone going through all the mailboxes on the street almost every morning. We talked to the postman who delivers our mail and he recommended replacing the mailbox with a locked one. We did exactly that, and have never had to worry about our mail. The slot is big enough for mail, bulky envelopes, and small packages, but its impossible to stick your hand in.
- Tue Oct 05, 2021 10:23 am
- Forum: Personal Investments
- Topic: Facebook stock
- Replies: 116
- Views: 11825
Re: Facebook stock
I totally get that it can be very overwhelming when you are just starting out investing. You should be proud that you have started to save and for asking for advice here. But with just a little bit more effort, you can really start building wealth and get complete control over your finances. People in the forum are really trying to help you because they understand that if they can get some more information they can make an incredible impact on your financial goals. Do not get discouraged. Someday you will look back and remember your post as the moment you changed your finances. (I did the same over 5 years ago and I could not overstate the impact on our financial security) Step 1: Do not tell your advisor to sell anything or change anything...
- Mon Oct 04, 2021 7:58 am
- Forum: Personal Investments
- Topic: Should I buy i-Bonds now (Oct 2021) or wait until Nov rate update
- Replies: 6
- Views: 2264
Re: Should I buy i-Bonds now (Oct 2021) or wait until Nov rate update
I like to start the 1 year and 5 year clock on our I-bonds as soon as possible. With savings accounts paying almost no interest, I just don't see any advantage to waiting.
- Fri Sep 24, 2021 7:31 pm
- Forum: Personal Investments
- Topic: Treasury Direct Experience - Excellent
- Replies: 67
- Views: 8067
Re: Treasury Direct Experience - Excellent
I have been purchasing 20k per year as well as with any tax refunds since I found out about them on this forum in 2017. (Thank You!).
I have always found all the answers to my questions on the website. It is a bit clunky, but I've been able to do everything I want online with no issues.
I strongly recommend people to try it for themselves before deciding not to include them because of website issues. I-bonds can be a really great part of your investment strategy.
I have always found all the answers to my questions on the website. It is a bit clunky, but I've been able to do everything I want online with no issues.
I strongly recommend people to try it for themselves before deciding not to include them because of website issues. I-bonds can be a really great part of your investment strategy.
- Thu Sep 23, 2021 8:27 am
- Forum: Personal Investments
- Topic: When did you start drawing profits from taxable?
- Replies: 67
- Views: 9249
Re: When did you start drawing profits from taxable?
"Fun" should be part of your monthly/yearly budget. As many above have said - your life does not need to be on hold for retirement. We save aggressively for retirement, including in a taxable brokerage account. But we also save separately in a high yield savings account for vacations, experiences, renovations, and big-ticket items. This does involve prioritizing and setting goals. Budget for fun now and retirement. Set goals for your fun money and start saving for it separately from your retirement funds. We found that it actually does not slow down our retirement spending. It just prevents us from spending money on a bunch of stuff we don't really want or need. The important thing is to figure out what fun activities you and your...
- Thu Sep 16, 2021 11:48 am
- Forum: Personal Finance (Not Investing)
- Topic: Any Chase Sapphire Reserve cardholders planning on cancelling? [annual fee increasing]
- Replies: 238
- Views: 32573
Re: Any Chase Sapphire Reserve cardholders planning on cancelling?
It is hard to put a value on the travel/car insurance benefits that the Sapphire Reserve has. I mean who ever actually uses this? Until last month . . . when we were rear-ended in our rental car. We declined insurance from the car company and did not want to use our personnel policy. So we are trying to use the Reserve insurance benefit. So far, so good. They have been very responsive and have handled the situation well. Final cost and payment yet to be determined, so my report is a bit premature. But I will return to this thread when all is finished to explain exactly what happened. The above situation has played out (slowly) in our favor. We eventually received a $7500 bill for damages and fees related to the vehicle from the car rental ...
- Fri Sep 03, 2021 10:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Does anyone here with net worths north of $1 mil use financial advisors?
- Replies: 454
- Views: 86835
- Thu Sep 02, 2021 10:01 am
- Forum: Investing - Theory, News & General
- Topic: Do you invest in Real Estate ? Why ?
- Replies: 175
- Views: 33577
Re: Do you invest in Real Estate ? Why ?
Describes my husband and me perfectly! Owning one house is plenty for us. We are much better suited to creating wealth through our business.stemikger wrote: ↑Sun Apr 01, 2018 5:41 pm No, I have no desire to be a landlord. If someone fell on hard times, I wouldn't have the heart to tell them to leave, therefore, i would make a terrible landlord and it will become a losing business proposition. I also am not handy and would have to rely on others to fix things that break. I would probably get ripped off left and right and I just thinking of what could go wrong would keep me up at nights. Real Estate would be a horrible fit for someone like me. Thank God for index funds!
- Thu Jul 29, 2021 9:52 am
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard solo 401k to allow incoming rollovers?!
- Replies: 57
- Views: 10440
Re: Vanguard solo 401k to allow incoming rollovers?!
I have the same question. Due to a giant reduction in household income anticipated for 2020, it now makes sense for me to make Roth 401k contributions, which Fidelity does not allow. So I'm considering moving the plan to Vanguard. I'm hoping someone else has recently done this and can share their experience. I'm assuming (but have yet to confirm) that Vanguard allows Roth contributions and also will do Roth conversions within the plan. I can confirm that Vanguard allows Roth contributions in the solo 401k. My husbands original solo 401k with Vanguard was not set up for Roth contributions so I called them last year and it took 5 minutes on the phone for them to add the option. He was then able to split contributions online between Roth and ...
- Wed Jul 28, 2021 2:15 pm
- Forum: Investing - Theory, News & General
- Topic: Thinking of Dropping Out of International Stock Funds
- Replies: 300
- Views: 26921
Re: Thinking of Dropping Out of International Stock Funds
I would not drop out of US equities entirely if International was out performing. I see International is being far more volatile than US. I have no plans of getting back into International; but would consider International funds again if they can produce annual competitive returns with that of the US. This carries a risk of selling low and buying high. I don't see any issues with people holding only US, or any amount of International or bonds. Investing is personal and your AA should be one that you are comfortable with and can stick with through all the ups and downs. If you think you might sell International today but get back in later if it starts performing better - write down when you would get back in. If you are moving in and out ba...
- Sun Jul 25, 2021 7:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: Best Personal Finance App or Website
- Replies: 26
- Views: 4396
Re: Best Personal Finance App or Website
Wow! To discover this forum when you are 25 and earning a good income is an incredible opportunity. Start posting your questions and reading. You don't need anything else for now.
I discovered this forum in my 40s and it has been life changing.
- Fri Jul 23, 2021 9:08 pm
- Forum: Investing - Theory, News & General
- Topic: The Covid Bear Market in Historical Perspective
- Replies: 26
- Views: 4064
Re: The Covid Bear Market in Historical Perspective
The crash barely shook me. All my brain power was used up by the news, the economic impact on people (as opposed to the stock market) and anxiety from the virus itself. The prospect of maybe losing my job did add to the anxiety until I bumped up my EF. But the stock market? I watched it fall with such a lack of emotions that I surprised myself. By the time I could have started to think "oh maybe that's not so good?" it was over. I was so grateful for everything I learned here. Allowed me to focus on all the craziness around me without worrying at all about what I should be doing about investments. Did have to rebalance, which was new for me. An insane time that could have been so much more fearful if not for the boglehead princip...
- Sun May 09, 2021 9:06 am
- Forum: Investing - Theory, News & General
- Topic: Crypto mania !
- Replies: 750
- Views: 53220
Re: Crypto mania !
This is a real phenomenon. Had to open a Robinhood account because my husband, who takes no interest in any of our investments, insisted we had to buy some dogecoin. I just want peace at home. I made him promise he will be responsible for figuring out when to sell.
- Sat Apr 24, 2021 11:48 am
- Forum: Personal Finance (Not Investing)
- Topic: Received a "surprise" $13,000 IRS refund check on 2018 taxes. Please advise.
- Replies: 70
- Views: 10926
Re: Received a "surprise" $13,000 IRS refund check on 2018 taxes. Please advise.
Would love to know the resolution.Hyperchicken wrote: ↑Sat Apr 24, 2021 11:37 am Well, that's what experts call a "cliffhanger"...
OP, come back please!
- Fri Apr 23, 2021 6:11 pm
- Forum: Personal Investments
- Topic: I savings bonds for emergency fund
- Replies: 55
- Views: 7793
Re: I savings bonds for emergency fund
I Bonds serve a dual purpose as part of our fixed income allocation for retirement as well as our second tier emergency fund. We have built up a ladder of 25k (20k +5k tax refund) each year for the past 5 years, and they have consistently been a better bet than parking cash in our high interest savings account. (We also keep 12 months of cash in our savings account since our income is subject to fluctuation).
Having I bonds has allowed us to not hold bond funds in our taxable and still maintain our 70/30 AA.
I know some people really hate dealing with Treasury Direct, but I don't really have a problem with it.
Having I bonds has allowed us to not hold bond funds in our taxable and still maintain our 70/30 AA.
I know some people really hate dealing with Treasury Direct, but I don't really have a problem with it.
- Sun Apr 18, 2021 7:57 am
- Forum: Personal Finance (Not Investing)
- Topic: How quickly did you receive your 2020 tax refund?
- Replies: 437
- Views: 49837
Re: How quickly did you receive your 2020 tax refund?
E-filed using Turbo Tax on 3/31/21
Got the State (CA) refund 4/7/21
The IRS refund status just switched to "refund approved" on 4/16/21 and says the refund will be deposited on 4/21/21
Got the State (CA) refund 4/7/21
The IRS refund status just switched to "refund approved" on 4/16/21 and says the refund will be deposited on 4/21/21
- Fri Apr 09, 2021 7:58 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2121349
- Sat Apr 03, 2021 8:42 am
- Forum: Personal Finance (Not Investing)
- Topic: Solo 401(k) contribution entries in Tax forms
- Replies: 11
- Views: 1016
- Sat Apr 03, 2021 7:11 am
- Forum: Personal Finance (Not Investing)
- Topic: Solo 401(k) contribution entries in Tax forms
- Replies: 11
- Views: 1016
Re: Solo 401(k) contribution entries in Tax forms
Another rookie question :) Let's say based on my business profit numbers . I contribute $39.5K towards solo 401(k). 19.5K towards employEE 20K towards employER For employER since it's always pre-tax , it can be tax savings now. For employEE it can be pre or post tax contributions. But in tax forms will I be entering total 39.5K as my contribution (or) will the tax software allow me to specify each contribution type and will automatically show my tax savings due to this contributions ? Because total 39.5K can be contributed in two ways: employER 20K pre-tax, employEE 19.5K pre-tax employER 20K pre-tax, employEE 19.5K post-tax Turbo Tax easily distinguishes between your pre-tax and ROTH elective deferrals for the solo 401k. Just enter all yo...
- Sun Mar 14, 2021 2:45 pm
- Forum: Personal Consumer Issues
- Topic: How neccesary are good schools
- Replies: 19
- Views: 1993
Re: How neccesary are good schools
If you are planning to have kids that will go to the public schools in your home area, then paying more to live in that area will probably end up saving you money. The cost to send a kid to private school over 4-12 years because the public schools in your area are not "good" will be a costly decision. If however you have already decided that your kids are going to go to private school, or do not plan to have kids, then you don't need to buy a house in a "great" school district. However it might still be a good decision to buy schools in good/great school districts because when it is time to sell your home, the pool of buyers will always be bigger in good school districts. We paid over $100k more than we originally intend...
- Tue Feb 09, 2021 12:50 pm
- Forum: Personal Investments
- Topic: Are Bogleheads still investing at Vanguard?
- Replies: 131
- Views: 14412
Re: Are Bogleheads still investing at Vanguard?
We have 90% of our assets at Vanguard. Had to call them in November last year to add a ROTH option to a Solo 401k. They got it done in 5 minutes over the phone. We usually do everything online, but the few times we have called it was very smooth. Until we run into issues, we will stay with Vanguard.
- Tue Feb 09, 2021 8:32 am
- Forum: US Chapters
- Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
- Replies: 184
- Views: 31652
Re: Why A Good Boglehead Must Leave The Bogleheads Forum
When the "noise" gets too loud, just take a break for a while. There have been times when I have not visited the forum for several months. Last March I checked in during the crash and decided that the forum was not going to help me follow my IPS and focus on my family so I took a very long break.
But there is no better place to go for trustworthy advice from a group of strangers on the internet. I continue to learn so much from this forum.
Just use the search function to keep your visits focused. Continue to contribute to the forum where you can. Take breaks when the chatter starts to stress you out.
But there is no better place to go for trustworthy advice from a group of strangers on the internet. I continue to learn so much from this forum.
Just use the search function to keep your visits focused. Continue to contribute to the forum where you can. Take breaks when the chatter starts to stress you out.
- Sat Jan 02, 2021 8:11 am
- Forum: Personal Finance (Not Investing)
- Topic: 2020: Lessons learned
- Replies: 237
- Views: 19833
Re: 2020: Lessons learned
I reaffirmed once again that my IPS and 70/30 AA work for me. I had to rebalance, which was novel but not hard emotionally. I put everything on auto-invest and focussed on getting my kids through distance learning and finding new ways to generate lost income from home. I did not once worry about what the markets were doing. I was very thankful for everything the Bogleheads have taught me this year, but I had to stop visiting the board in March because a lot of posters were freaking out about the markets and it seemed unproductive. I came back in December to get information on an annuity we are stuck with. It is wonderful that the board is back to being a calm source of valuable information. I learned that being prepared at all times for a b...
- Wed Dec 16, 2020 8:36 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Update: TA corrected errors in online numbers for our annuity today
Initially, the death benefit for our Variable annuity was being reported incorrectly - not the Account Value. Today the Death Benefit has been corrected to show the account value. I did not contact them regarding this issue, so it appears that they are going through the accounts and correcting reporting errors online.
Initially, the death benefit for our Variable annuity was being reported incorrectly - not the Account Value. Today the Death Benefit has been corrected to show the account value. I did not contact them regarding this issue, so it appears that they are going through the accounts and correcting reporting errors online.
- Sat Dec 12, 2020 12:48 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Did anyone get any written correspondence from Transamerica relating to web registration details? The VG "Final reminder: Changes to your Vanguard Variable Annuity" letter from VG dated November 2020 states that: "In about two weeks, Transamerica will provide you with additional information, including an overview of their services, contact information, and web registration details." I have not received this information from TA. TA was able to mail me a 'Welcome" happy talk letter in September 2020, but I have gotten nothing from TA on web registration or other contact information; they have my mailing address. None of what I read upthread is very encouraging. I also got TA letter in September and the Vanguard lette...
- Wed Dec 09, 2020 10:06 pm
- Forum: Personal Investments
- Topic: How many people here literally use the three-fund portfolio?
- Replies: 102
- Views: 9807
Re: How many people here literally use the three-fund portfolio?
Exactly the same for us. For us keeping it simple has been life-changing. I also really like ibonds as a second-tier emergency fund. Through market ups and downs we just keep buying the three funds and our AA allows us to sleep well at night.
- Tue Dec 08, 2020 12:14 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Simple question: Do I set up a NEW account as if I am a new customer, or has an account been setup for me as part of the transition? There IS a link to set up a new account on the website (no mention of Vanguard, however) but is this an NEW or EXISTING account? Not sure. It would be very helpful if something from Transamerica (and Vanguard) would actually think through what the experience is like for their customers. Does anyone know whether I'm supposed to set up a new account (as if I am a new customer, which I am not) or whether Transamerica set up accounts for me already and will provide me with login information? Thanks! Phil The Transamerica rep recommended the website below for creating an account https://secure.transamerica.com/ Ye...
- Mon Dec 07, 2020 5:46 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Ours is also a Variable Annuity. The cost basis and sub-accounts are all correct. I had backed everything up on Saturday and the numbers match up.Broken Man 1999 wrote: ↑Mon Dec 07, 2020 5:10 pm Just out of curiosity, I wonder if different types of annuities had issues. Mine is a Variable Annuity.
The annuity was purchased by my husband's parents as a gift, so I am not sure how the death benefit was set up. It looks like it is the value from last year's account anniversary. But, I think everything transferred over correctly.
- Mon Dec 07, 2020 4:17 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Yes. Their website was having problems connecting to the 3rd party verification site. If it failed to complete the verification process via the 3rd party credit check website, then the account registration had to be completed manually.
- Mon Dec 07, 2020 2:27 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Update: Got a call back at the assigned time and a customer service rep was able to set up the online account in a few minutes.
- Mon Dec 07, 2020 1:39 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Thanks for the heads up. I guess I'm not the only one who got the error message. They are also supposed to call me back in an hour. Hopefully it will be painless to set up the account once we actually speak to a real person.Mel Lindauer wrote: ↑Mon Dec 07, 2020 1:29 pm Make sure you're well feed and rested before you call. I got the error message when trying to register and was told to call support.
Called and was on hold for 16 minutes and gave up. Called again later and got a recording telling me I could get a call back between two hours and two minutes and two hours and 29 minutes. Not a very comforting start.
- Mon Dec 07, 2020 11:56 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
Thanks. Tried setting up the account and got an error message. Will have to give them a call and get it sorted out. It's good to hear that once the account is set up, everything seems as it should be.Broken Man 1999 wrote: ↑Mon Dec 07, 2020 9:27 am If you go to transamerica.com, you can set up the online account. That info was in the letter.
- Mon Dec 07, 2020 9:18 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Annuity Transition to Transamerica
- Replies: 266
- Views: 34003
Re: Vanguard Annuity Transition to Transamerica
We have been waiting for information from Transamerica on the details to set up the account for transfer. All we have from them is a letter saying they will provide us with information on how to set up an account closer to the date - which has obviously passed.Broken Man 1999 wrote: ↑Mon Dec 07, 2020 8:55 am Just finished up setting up my Transamerica annuity login. Easy to do, worked fine.
Did you get a letter from Transamerica on how to set up the account? Wondering why we haven't received any additional instructions.
Any guidance would be appreciated.
- Fri Nov 13, 2020 2:55 pm
- Forum: Investing - Theory, News & General
- Topic: Taylor Sends His Best to Fellow Bogleheads
- Replies: 334
- Views: 34170
Re: Taylor Sends His Best to Fellow Bogleheads
I wish you all the best Taylor. Your posts and steady wisdom has meant a lot to me over the years.
I had taken a long break from the forum since March because I put all financial investments on autopilot to focus on other things this year. But on Veterans day I thought of you and decided to check-in to make sure you were doing ok. I am glad I did because I get the chance to tell you how what a positive influence you have made on my family's financial well being.
Wishing you the very best.
I had taken a long break from the forum since March because I put all financial investments on autopilot to focus on other things this year. But on Veterans day I thought of you and decided to check-in to make sure you were doing ok. I am glad I did because I get the chance to tell you how what a positive influence you have made on my family's financial well being.
Wishing you the very best.
- Mon Apr 20, 2020 7:48 pm
- Forum: Investing - Theory, News & General
- Topic: Did any Bogleheads blink?
- Replies: 42
- Views: 4270
Re: Did any Bogleheads blink?
Contributed on 3/9; 3/23; 3/30, and 4/6 (to equities according to AA)
Rebalanced on 3/16 selling total bond (VBTLX) to buy equities (total stock) keeping 5 years in fixed income (according to IPS)
Income flow is reduced due to slow business, but will continue to contribute as much as we can according to AA.
Just staying the course for now. Will evaluate in 6 to 12 months if I want to change anything depending on changes in earnings.
Rebalanced on 3/16 selling total bond (VBTLX) to buy equities (total stock) keeping 5 years in fixed income (according to IPS)
Income flow is reduced due to slow business, but will continue to contribute as much as we can according to AA.
Just staying the course for now. Will evaluate in 6 to 12 months if I want to change anything depending on changes in earnings.
- Fri Apr 17, 2020 6:36 pm
- Forum: Investing - Theory, News & General
- Topic: Crisis Lessons (My list)
- Replies: 50
- Views: 5380
Re: Crisis Lessons (My list)
1. A 12 month EF - this is the right amount for us.
2. Being prepared for an earthquake or fire at all times works out well for other emergencies too.
3. Household goods and food staples should always be well-stocked.
4. Financially - follow the IPS. Rebalance and contribute according to AA.
5. Reduce time on the Boglehead forum during huge crashes - it tends to get very confusing.
6. Consider "cancel for any reason travel insurance" for very expensive vacations. (Although we didn't lose any $ on our canceled London trip this time)
7. Family and friends mean everthing during a crisis - invest your time and energy in them during good and bad times.
8. Our family eats a LOT of peanut butter!
2. Being prepared for an earthquake or fire at all times works out well for other emergencies too.
3. Household goods and food staples should always be well-stocked.
4. Financially - follow the IPS. Rebalance and contribute according to AA.
5. Reduce time on the Boglehead forum during huge crashes - it tends to get very confusing.
6. Consider "cancel for any reason travel insurance" for very expensive vacations. (Although we didn't lose any $ on our canceled London trip this time)
7. Family and friends mean everthing during a crisis - invest your time and energy in them during good and bad times.
8. Our family eats a LOT of peanut butter!
- Tue Mar 17, 2020 9:27 am
- Forum: Investing - Theory, News & General
- Topic: The Calm Post - Stay the course thread.
- Replies: 540
- Views: 66862
Re: The Calm Post - Stay the course thread.
+1
Big thanks to all the Bogleheads who have been preparing us for this situation. Glad I was paying attention.
- Mon Mar 16, 2020 5:43 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4653678
Re: U.S. stocks in free fall
I rebalanced from bonds to stocks, leaving 5 years expenses in bonds. My IPS does not allow rebalancing beyond 5 years in bonds. So if equities continue to fall I can't rebalance anymore. I set all our new bi-weekly contributions to automatically go to equities. Nothing more to do since I don't feel like learning how to TLH right now.
- Fri Mar 13, 2020 10:12 pm
- Forum: Personal Finance (Not Investing)
- Topic: Any point in waiting to buy I-bonds?
- Replies: 8
- Views: 881
Re: Any point in waiting to buy I-bonds?
Actually bought the 20k for both of us today. The plan was to wait till April, but now I just want to cross it off my list of things to do.
- Tue Mar 10, 2020 10:06 am
- Forum: Investing - Theory, News & General
- Topic: Rebalancing these days
- Replies: 17
- Views: 1403
Re: Rebalancing these days
Our AA (67/33) is still within our 5% rebalancing bands so nothing to do for now. All new contributions to 401k and taxable are going to equities.
- Mon Mar 09, 2020 10:37 am
- Forum: Investing - Theory, News & General
- Topic: The Calm Post - Stay the course thread.
- Replies: 540
- Views: 66862
Re: The Calm Post - Stay the course thread.
Today I'm giving myself credit for taking the advice of all the wise and helpful Bogleheads on this forum a few years ago. I picked an AA assuming that at at some point equities will crash and my portfolio will take a big hit. I have learned that I am very comfortable with my 67/33 AA, gliding towards 60/40 one year at a time. But the biggest benefit is that my IPS tells me exactly what I need to do, and I trust it. Keep contributing according to my AA and rebalance if I need to. I have never had to rebalance (100% equities in 2008 and just contributing), and I am finding out that I don't like selling (bonds or equities). So I will try to cut back on our monthly spending to see if I can avoid selling my bond funds by contributing a little m...