Search found 10 matches

by dallas01
Sun Sep 10, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Need help selling funds
Replies: 7
Views: 744

Re: Need help selling funds

With a great amount of embarrassment I have no idea what the Cost Basis Method I have lovesoft. Gill I don't know why that was not done either. I spoke to a rep from Vanguard when setting up the account and pretty much went with what she told me. Will soon be inheriting about 750k so I know I need t...
by dallas01
Sat Sep 09, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Need help selling funds
Replies: 7
Views: 744

Re: Need help selling funds

Sorry I was so brief, I was hoping it would be a simple process. Funds are 500 Index Fund, Dividend and Growth, and Total Stock Market Index Fund. We are in 15% tax bracket. Nothing in tax advantage accounts. We receive gifting $28,000 (14K x 2) per year. Hope this helps, and my sincere thanks.
by dallas01
Thu Sep 07, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Need help selling funds
Replies: 7
Views: 744

Need help selling funds

Greetings, Never planned on having to do this but in need of 100k to buy 2nd home from about 1 million in the "Three Fund Portfolio". Closing on Nov 1st. Are there any better ways to take this amount from these funds to reduce my tax exposure or keep from hurting myself down the road? Any advice wou...
by dallas01
Wed Jan 07, 2015 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: All my eggs in one basket?
Replies: 11
Views: 1310

Re: All my eggs in one basket?

Wow, great feedback and I sure appreciate it. I'm ashamed to admit that I had never read that about how Vanguard works and how really one needs not to put all their eggs in one basket. I read everything for over a year before I invested with Vanguard but missed that. I sure appreciate it!! Thanks al...
by dallas01
Wed Jan 07, 2015 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: All my eggs in one basket?
Replies: 11
Views: 1310

All my eggs in one basket?

I'm 57 and live entirely from my pension. I have 750k in Vanguard. I'm going to be receiving approx 800k from death of relative. I wonder if I should put that in Fidelity and invest in similar funds like I have in Vanguard. I realize this is not a huge amount as compared to most on this site but do ...
by dallas01
Wed Apr 03, 2013 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Need idea on what to do with cash.
Replies: 4
Views: 538

Need idea on what to do with cash.

Greetings, Due to the sale of a home I have 200k in cash I need to do something with. I do not want to tie it up in anything long term as I want to have it available and not want to have to sell something low etc. So, other than a money market paying about zero, do any of you fine folks have an idea...
by dallas01
Sun Feb 03, 2013 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: 401 to IRA Can You Spend The Interest??
Replies: 5
Views: 480

Re: 401 to IRA Can You Spend The Interest??

Thanks very much for the help!!
by dallas01
Sun Feb 03, 2013 11:53 am
Forum: Investing - Help with Personal Investments
Topic: 401 to IRA Can You Spend The Interest??
Replies: 5
Views: 480

401 to IRA Can You Spend The Interest??

Greetings, For those experienced folks out there I need some help please. I know if you roll your 401 into an IRA upon retirement at age 55 that is not a problem. I also know that since I am not 59 1/2 if I were to spend any of the 401/IRA I have to pay tax and penalty. I do not want to do a 72t as ...
by dallas01
Thu Jan 31, 2013 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: How to split retirement funds.
Replies: 14
Views: 1881

Re: How to split retirement funds.

Thanks for input as I appreciate it. The question on all the cash is a good one and is due to the selling of a home. I will put half or so in something but not sure what that is. Thanks again, this is a wonderful place to exchange ideas and get help.
by dallas01
Wed Jan 30, 2013 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: How to split retirement funds.
Replies: 14
Views: 1881

How to split retirement funds.

I have been reading this site for some time now and sure enjoy it. I am retiring in 90 days at age 55 and have a 50k pension and 300k in cash. I will be rolling over 500k from my 401k and thought I would split it into three to five different funds with Vanguard. I have two brokers pursuing me to get...