Search found 1385 matches

by bdpb
Tue Apr 12, 2016 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retirment Account(s) Guidance
Replies: 14
Views: 1095

Re: Retirment Account(s) Guidance

Emergency funds: 3 months Debt: Mortgage: 205k @ 4.375%; Student Loans: 120k @ 6.5%; Car Loan: 25k @ 2.75% Tax Filing Status: Single Tax Rate: 28% Federal, 5.8% State Salary: 100k Contributions: Employer contributes 10% of salary into 403b monthly (~$1000/month) I contribute $300/month into Roth IR...
by bdpb
Wed Mar 23, 2016 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: 403b options... what should i Pick
Replies: 20
Views: 903

Re: 403b options... what should i Pick

I was thinking of doing 80/20 of stocks/bonds Skip the bonds.You will only be investing about 23.5k per year for a few years so you won't really have all that much at risk in the short term. In five years you will be investing 50k to 100k per year, it will overwhelm what you'll already have investe...
by bdpb
Mon Mar 14, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning / portfolio help
Replies: 7
Views: 1012

Re: Retirement planning / portfolio help

carlos2 wrote:I could go with VTIAX in the Roth and VGTSX in the Traditional. That would put about 30.5% of my stocks in international.

Roth IRA
VASGX 0.15% --> VTIAX 0.12%

Traditional IRA
VTSMX 0.17% --> VGTSX 0.19%

Looks like a good choice, to me.
by bdpb
Fri Mar 11, 2016 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning / portfolio help
Replies: 7
Views: 1012

Re: Retirement planning / portfolio help

Where is your International stock?

You should have between 20% to 40% of your stock in Intl. That would be 18% to 36% of your total portfolio. Use Vanguard Total Intl Stock Market Index in your tIRA or Roth.
by bdpb
Thu Mar 10, 2016 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Free File - College Student with $400 investment income
Replies: 16
Views: 1004

Re: IRS Free File - College Student with $400 investment income

2. I had another student who used the IRS Free File, and chose Turbo Tax, and had both W-2 and small 1099 income from another job. She told me that Turbotax kept insisting that she needed to use a paid version so she could do a schedule C -- for about $800 in income with no associated expenses. (Sh...
by bdpb
Thu Mar 10, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Internal Job Offer Negotiations
Replies: 12
Views: 2079

Re: Internal Job Offer Negotiations

In my specific situation, I recently just got my yearly bump at higher than average (6%). Am I wrong to think this should be independent of any potential upcoming offer as this should be reflective for last year's performance? Often times when you're on the road to promotion, previous years raises ...
by bdpb
Thu Mar 10, 2016 12:33 am
Forum: Personal Finance (Not Investing)
Topic: IRS Free File - College Student with $400 investment income
Replies: 16
Views: 1004

Re: IRS Free File - College Student with $400 investment income

Go here: https://www.irs.gov/uac/Free-File:-Do-Your-Federal-Taxes-for-Free and click on "Start Free File Now" which goes here: https://apps.irs.gov/app/freeFile/jsp/index.jsp I used TurboTax ® All Free(℠) to help mother, brother and college student efile fed and state for free. Allows view...
by bdpb
Wed Mar 02, 2016 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback and Analysis Appreciated
Replies: 5
Views: 496

Re: Feedback and Analysis Appreciated

We do max out our Roth IRAs each year, partly with the RMDs. I do have access to a 457 plan, but we don't have much extra room in our income currently. Interesting take on selling taxable to pay off the mortgage early. I know our rate isn't ideal and it would feel amazing to be done with it, but I ...
by bdpb
Tue Mar 01, 2016 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback and Analysis Appreciated
Replies: 5
Views: 496

Re: Feedback and Analysis Appreciated

Debt: Mortgage - ~150k @ 4.375% Student Loan - ~10k @ 3.2% Tax Filing Status: Married Filing Jointly Tax Rate: 15% Federal, ~5% State Taxable -41% VTSAX Vanguard Total Stock Market- 28% VTIAX Vanguard Total International - 13% Traditional IRA - 1.5% VTSAX Vanguard Total Stock Market- 1.5% Roth IRA ...
by bdpb
Sun Feb 28, 2016 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 6
Views: 752

Re: Portfolio Advice

Just want to bump this up to see if I should pay off the car or use it to help build credit for my wife/me. My wife has zero credit history. Should i wait another 6 months before I pay it off. We have had it for about 6 months now. I think I have everything else handled. I don't think paying it off...
by bdpb
Sun Feb 28, 2016 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Revamping portfolio after marriage; figuring out what to sell to fund grad school
Replies: 2
Views: 347

Re: Revamping portfolio after marriage; figuring out what to sell to fund grad school

1. Sell these mostly in the following order: His Taxable at Schwab 8.1% Vanguard Total Bond (VBMFX) ER 0.2 (small gains here) - tax inefficient and small gains 7.6% Vanguard GMNA (VFIIX) ER 0.21 (small gains here) - tax inefficient and small gains 9.7% Vanguard PRIMECAP (VPCCX) ER 0.47 (moderate-big...
by bdpb
Sat Feb 27, 2016 1:35 am
Forum: Personal Consumer Issues
Topic: Time To Quit My Job?
Replies: 53
Views: 4724

Re: Time To Quit My Job?

At 24, I wouldn't pass up this kind of income for this much work. Imagine if you were working only 40 hours a week and working on a Master's or Doctorate, too. It would be much more than what you're working now. Have you tried to ask the company you work for to reduce some of your travel time? How a...
by bdpb
Sat Feb 27, 2016 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Roth, Traditional, and the 15% Tax Bracket
Replies: 70
Views: 5877

Re: Roth, Traditional, and the 15% Tax Bracket

Thanks to FiveK for your persistence. Unfortunately, there seems to be a blind spot on this topic for many Bogleheads. Every so often we have a never ending thread on this topic and there is usually one or two persons supporting your position. Eventually, those folks supporting your position get bur...
by bdpb
Sat Feb 27, 2016 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Retirement planning / portfolio help
Replies: 7
Views: 1012

Re: Retirement planning / portfolio help

1) Are my funds below in the best accounts to be the most tax efficient? 2) Do I have "good coverage" of the market? I read terms like "small cap" "mid cap" but don't know what they mean. 3) Do I need international funds in my portfolio? If so, why? 4) Is Traditional I...
by bdpb
Sat Feb 27, 2016 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Play nice with Betterment (pre- vs post-tax, etc.)
Replies: 6
Views: 745

Re: Play nice with Betterment (pre- vs post-tax, etc.)

Are you really in the 28% fed tax bracket? That would imply gross income over 190k.

If so, you should be contributing the max to both your 401k and her 403b as well as max to both Roth IRA.
by bdpb
Wed Feb 24, 2016 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 6
Views: 752

Re: Portfolio Advice

Don't buy individual stocks. Their return is not worth their risk. Buy Total US and International market Index funds. You are in a relatively high federal tax bracket and very high state tax bracket. Max out your deductible 401k accounts before taxable investing. You can contribute up to 5500 each t...
by bdpb
Sun Feb 14, 2016 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Request for portfolio review - how to allocate new money?
Replies: 7
Views: 906

Re: Request for portfolio review - how to allocate new money?

I'm looking to simplify my portfolio if possible. My questions are - 1) How should I allocate new money going forward to stay in line with my desired allocation? and 2) What, if any, rebalancing should I do now? Thanks. Desired Asset allocation: 20% large cap, 20% small/mid cap, 30% international, ...
by bdpb
Sun Feb 14, 2016 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Request for portfolio review - how to allocate new money?
Replies: 7
Views: 906

Re: Request for portfolio review - how to allocate new money?

I have been selling off the MegaCorp stock periodically but that's how I receive my 401k match so there will always be new contributions. If I sell that, where would I allocate the proceeds? I've been thinking that about STAR and Healthcare but they're both down from when I purchased. Should I go a...
by bdpb
Sat Feb 13, 2016 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 973

Re: Help with Portfolio (Re)allocation

Duckie has given you excellent advice. I'd suggest a few minor different options to ponder. I would split my taxable into Total US and Total Intl. It gives more opportunities for TLH. I wouldn't use the SP600 and SP400 in the 403b for US mid/small cap. Instead, I would use the Extended market in his...
by bdpb
Sat Feb 13, 2016 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Help with buying back in after broker transition to Vanguard
Replies: 14
Views: 1122

Re: Help with buying back in after broker transition to Vanguard

Choose your AA or how much you want in stocks and either dollar cost average or value average over some predetermined time period. Make those decisions now and make the investments mechanical without allowing behavioral aspects to take over. Do not try to time the market. It will only cause doubt an...
by bdpb
Sat Feb 13, 2016 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 973

Re: Help with Portfolio (Re)allocation

Thanks for the comments, in_reality. Her 403b portfolio was set up to be standalone, that's why it has the bonds and Intl funds. Definitely agree that I can compensate for those holdings in other accounts with better ERs. Good starting point. Look at all your assets as one portfolio and use the che...
by bdpb
Fri Feb 12, 2016 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Request for portfolio review - how to allocate new money?
Replies: 7
Views: 906

Re: Request for portfolio review - how to allocate new money?

Taxable at Vanguard 3.57% Vanguard High Dividend Yield Index VHDYX (0.16% expense ratio) Her traditional/pre-tax 401k 15.05% ESOP (MegaCorp stock) Fund (no ticker, benchmark is S&P 500 TR USD, 0.07% expense ratio) Her after-tax 401k 3.04% Emerging Markets Indexed Equity Fund (no ticker, benchma...
by bdpb
Fri Feb 12, 2016 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Time to halt mortgage prepayments and invest in taxable?
Replies: 20
Views: 2359

Re: Time to halt mortgage prepayments and invest in taxable?

Do you own any bonds in your 401k/IRA?

If so, and you want to own more stocks, sell your bonds and buy stocks.

In the mean time, pay down your mortgage with after tax assets. Bonds are yielding less than your mortgage rate.
by bdpb
Thu Feb 11, 2016 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a cash out refinance
Replies: 14
Views: 1035

Re: Need advice on a cash out refinance

purewater wrote:I was planning to convert some cash in to stock but have a strong feeling that the market can down further.

You're not going to find another investment other than stocks which has an expected return higher than your mortgage rate.
by bdpb
Thu Feb 11, 2016 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Roth VS Trad 401k
Replies: 12
Views: 1108

Re: Roth VS Trad 401k

Check both 401k for the ability to make after-tax contributions and in-service withdrawals. Then contribute the max to deductible 401k and put the remaining in after-tax 401k. You could also sell other taxable assets and contribute them as well. https://www.bogleheads.org/wiki/401%28k%29#After-tax_4...
by bdpb
Thu Feb 11, 2016 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice for Soon-to-be-Married Couple
Replies: 6
Views: 572

Re: Portfolio Advice for Soon-to-be-Married Couple

Debt: modest car loans paid at 1.99% interest rates; no other debt Tax Filing Status: Single for each of us, Married Filing Separately starting next year Income: We make $170k-$200k combined Tax Rate: Her 25%/Me 28% Federal, 9.3% State State of Residence: CA Contributions (Retirement) $10,000+/year...
by bdpb
Thu Feb 11, 2016 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Nervous Newbie Investor
Replies: 24
Views: 1888

Re: Nervous Newbie Investor

Taxable: $200k 06% Vanguard REIT Index Fund If you're concerned about losing 11k, what are you going to do when the stock market goes down another 10% or 20% or 30%? That's what should drive your decision on whether you own too much in stocks. If you are going to sell stocks, you should sell this R...
by bdpb
Thu Feb 11, 2016 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on a cash out refinance
Replies: 14
Views: 1035

Re: Need advice on a cash out refinance

What's your asset allocation? If you own any bonds, why not sell the bonds and buy stocks? Your safe bonds (comparable to mortgage on your house) are probably yielding lower than your mortgage rate. Ten year Treasuries are yielding around 1.75%. By selling bonds to buy stocks you are increasing your...
by bdpb
Tue Feb 09, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Recently Retired - Seeking Input on Investments
Replies: 6
Views: 702

Re: Recently Retired - Seeking Input on Investments

Cricket69 wrote:Debt: $29,100(18 yrs. remaining on this mortgage), 5% interest, Mo. payment - $245

Cash - $ 72,000

Use this cash to pay off your mortgage.
by bdpb
Mon Feb 08, 2016 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Made the switch! Updated 30 year old portfolio review.
Replies: 14
Views: 2067

Re: Made the switch! Updated 30 year old portfolio review.

Debt: No debt except 55K left on mortgage 4.875% New annual Contributions 20% of salary his Roth 401k (employer matching 100% first 3%, 50% next 2%) Available funds Funds available in his Roth 401k His company is a small company and goes through an Edward Jones advisor and only offers American Fund...
by bdpb
Fri Feb 05, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: 10 years to Retirement, Roth IRA?
Replies: 5
Views: 703

Re: 10 years to Retirement, Roth IRA?

Both my husband and I have recently received modest inheritances, and we are using this to get our finances in order, 10 years from retirement. I currently contribute 10% to 401K invested in Vanguard Target Retirement 2025, we receive $1K monthly in rental income, and both my husband and I will rec...
by bdpb
Fri Feb 05, 2016 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help Cleaning up our Edward Jones Mess
Replies: 23
Views: 4062

Re: Need Help Cleaning up our Edward Jones Mess

Debt : Mortgage $150k @ 4.75% mortgage (Three years left on 15 year mortgage) Contributions Taxable: $800 monthly to Vanguard ($9,600 annually) $1,800 monthly to EJ ($21,600 annually) Instead of future investing in taxable, you should pay down your mortgage. You could use any taxable cash to pay do...
by bdpb
Sun Jan 31, 2016 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Check - Considering using Personal Capital or Vanguard Personal Advisor
Replies: 18
Views: 2056

Re: Portfolio Check - Considering using Personal Capital or Vanguard Personal Advisor

Since you live in IL, instead of contributing to a Roth IRA directly, you should contribute to a tax deductible IRA and immediately convert it to a Roth IRA. I was under the impression that I should do this only if my income was too high for a Roth IRA. You are referring to a backdoor Roth IRA. If ...
by bdpb
Fri Jan 29, 2016 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Check - Considering using Personal Capital or Vanguard Personal Advisor
Replies: 18
Views: 2056

Re: Portfolio Check - Considering using Personal Capital or Vanguard Personal Advisor

Are you both funding Roth IRAs? With your expected pensions, I would think you would want as much in Roths as possible. We are not but that's one of the things I'm taking care of in the next few days. I bought mine for the first time last year and will purchase some in my wife's name soon. Since yo...
by bdpb
Fri Jan 15, 2016 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: New Job: Health Insurance PPO vs HSA?
Replies: 4
Views: 411

Re: New Job: Health Insurance PPO vs HSA?

I probably go to the doctor outside of a physical 3-4 times a year, with one of those usually being a specialist. So those visits likely would cost me about $1000 a year on the HSA (opposed to $100 on the PPO). The $1k number seems high for 4 visits. You should only be charged a negotiated rate. Ma...
by bdpb
Mon Jan 11, 2016 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Should I keep my term life insurance in force?
Replies: 22
Views: 1945

Re: Should I keep my term life insurance in force?

cadreamer2015 wrote:I'm sure my premature death would be a financial hardship for my wife,

Sounds like you may need more insurance.
by bdpb
Fri Jan 08, 2016 11:57 pm
Forum: Personal Consumer Issues
Topic: Best wireless providers for managing shared data plans?
Replies: 15
Views: 996

Re: Best wireless providers for managing shared data plans?

It is our 17 year old that is the problem. She is just irresponsible about data management and seems to always be on Pandora or Spotify when she is driving around and she spend a lot of time in the car because her afternoon job as a nanny has her picking up kids from 3 different elementary schools ...
by bdpb
Thu Dec 31, 2015 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Checking In After Four Years
Replies: 20
Views: 5190

Re: Checking In After Four Years

Congrats! You're a very good listener and learner. Only remaining question is what to do with the cash left . I will leave $10,000 in checking as an emergency fund, but the remaining $10,000 I'm thinking should go into a taxable brokerage account and into a short/intermediate-term bond fun or some t...
by bdpb
Thu Dec 31, 2015 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Request Help with Our Plan to Simplify Our Retirement Accounts
Replies: 9
Views: 1064

Re: Request Help with Our Plan to Simplify Our Retirement Accounts

Pay off your mortgage today. I looked into paying off the mortgage, but since it is at the end of the mortgage life, there is not much interest left, about $2000. So I don't think we will pay off our mortgage. You're looking at this the wrong way. It has nothing to do with being at the end of the m...
by bdpb
Mon Dec 28, 2015 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down mortgage or stuff retirement accounts?
Replies: 24
Views: 2605

Re: Pay down mortgage or stuff retirement accounts?

Noticed your username. Are you saving for or have savings set aside for kids' college funding? If so, use the IL 529 Bright Start Direct plan. It's low cost and gives an IL state tax break up to 20k per year on a joint return. Where did you ever come up with the 6.5% IL state tax number? It's curren...
by bdpb
Mon Dec 28, 2015 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Request Help with Our Plan to Simplify Our Retirement Accounts
Replies: 9
Views: 1064

Re: Request Help with Our Plan to Simplify Our Retirement Accounts

mizchief wrote:Interesting idea, and opens up a strategy I had not considered. Is this important to do in 2015?

Not necessary to do in 2015.

You are charged interest for every day you still have the mortgage. The sooner you pay it off, the sooner you will realize the savings.
by bdpb
Mon Dec 28, 2015 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Checking In After Four Years
Replies: 20
Views: 5190

Re: Checking In After Four Years

Max out your 401k immediately. The max is 18k. Max out your Roth IRA. The max is 5.5k. Do 2015 before April 2016. The Roth IRA can act as a backup EF. Contributions can be withdrawn tax and penalty free at any time. That's around 25% gross savings rate. Target at least 25% or greater of income growt...
by bdpb
Mon Dec 28, 2015 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Request Help with Our Plan to Simplify Our Retirement Accounts
Replies: 9
Views: 1064

Re: Request Help with Our Plan to Simplify Our Retirement Accounts

Debt : Mortgage of 42K, will be paid off in 2018 Taxable : 11 % cash (for investing – does not include emergency funds) Pay off your mortgage today. In the short term it may not actually simplify because you may be paying property taxes/homeowner's insurance via escrow, but you'll have to do it a c...
by bdpb
Sun Dec 27, 2015 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Next steps for a young investor: Advice on a Taxable Account
Replies: 4
Views: 809

Re: Next steps for a young investor: Advice on a Taxable Account

You might consider additional asset classes and a size or value tilt. That is, I would add REITs and Small Cap Value. This could help solve some of your TLH concerns. If you add other asset classes, redirect your tax deferred acccount dividends/CG distributions to these other funds. I would split ta...
by bdpb
Sun Dec 27, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Covering my risk while reallocating inherited assets
Replies: 10
Views: 609

Re: Covering my risk while reallocating inherited assets

If you have a 50% gain and the CG is 350k, it's worth about 1Million. If it's 25% of your portfolio, you have about 4M. If you sell 300k on Monday, you have a CG of about 100k this year. And sell another 300K in January for another 100k CG next year. You'll be left with about 400k which will only be...
by bdpb
Thu Dec 24, 2015 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: REIT index fund vs high yield corporate fund: which has priority to go in tax deferred accounts?
Replies: 6
Views: 669

Re: REIT index fund vs high yield corporate fund: which has priority to go in tax deferred accounts?

I have limited space in tax-deferred account. Between REIT index fund (VGSLX) and high yield corporate fund (VWEAX), which one gets priority to go into tax-deferred space? It seems to me high yield corporate fund should get the priority. The current SEC yield of high yield corporate fund is 6.30%. ...
by bdpb
Thu Dec 24, 2015 12:43 am
Forum: Investing - Help with Personal Investments
Topic: New to investing, looking for advice
Replies: 2
Views: 342

Re: New to investing, looking for advice

Tax filing: married filing jointly (1 kid and planing another) Tax rate: 25% federal and 3.75% state State: Illinois Gross income: 85k Emergency fund is 90k in Amex savings account (.9 interest), reason for this is I'm planing to buy a house next year (about 60k down payment and rest will be used a...
by bdpb
Thu Dec 24, 2015 12:19 am
Forum: Investing - Help with Personal Investments
Topic: DCA vs Extra Mortgage Payments
Replies: 38
Views: 3038

Re: DCA vs Extra Mortgage Payments

Option 2, pay down the mortgage. Paying down debt is as close as you can get to a risk free investment. In this case yielding 4%. You should really compare paying down debt to investing in bonds (unless you're 100% stocks). They have similar risk profiles. Risk free bonds are yielding maybe 2.5%. ....
by bdpb
Tue Dec 22, 2015 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: DCA vs Extra Mortgage Payments
Replies: 38
Views: 3038

Re: DCA vs Extra Mortgage Payments

Option 2, pay down the mortgage. Paying down debt is as close as you can get to a risk free investment. In this case yielding 4%. You should really compare paying down debt to investing in bonds (unless you're 100% stocks). They have similar risk profiles. Risk free bonds are yielding maybe 2.5%. Op...

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