Search found 245 matches

by lazylarry
Tue Mar 21, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help me round out my 1st IPS: When to rebalance? TLH?
Replies: 3
Views: 237

Re: Help me round out my 1st IPS: When to rebalance? TLH?

Hey all, I am trying to make my first Investment Planning Statement as specific as reasonable, so there is less subjectivity. I believe I have a pretty good overall plan, but there are two areas that I feel would still be kind of open to my interpretation, which I want to develop a more executable ...
by lazylarry
Tue Mar 21, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: What to do ? [after selling stock]
Replies: 3
Views: 339

Re: What to do ? [after selling stock]

Currently I have $4.2M in equities and I use the dividends from these stocks and bonds for part of my retirement income. I am also sitting on about $1.4 in profits. I have a big position in J&J and also a $60 per share profit. I would have to pay capital gains and I would lose dividend income. ...
by lazylarry
Tue Mar 21, 2017 9:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference? [Virtual online chapter]
Replies: 31
Views: 2232

Re: Online group meetings via web conference? [Virtual online chapter]

If we want to do this right, I suggest that we use business-grade tools -- either gotomeeting/gotowebinar or webex. Doing this on the cheap is likely going to result in frustration. Decent tools would be about $600/yr to host up to 100 people. (Similar pricing for webex and goto.) If we want to do ...
by lazylarry
Sun Mar 19, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio. Am I on the right track?
Replies: 9
Views: 603

Re: Help with portfolio. Am I on the right track?

Agree with above posters. Am +/- on paying off mortgage as long as you're investing in equities. TLH really is not that bad especially if no wash sale. Just need 1099 , know your sales, and file 8949 . And benefits are nontrivial in your case, with high tax rate and taxable accounts. The only other ...
by lazylarry
Sat Mar 18, 2017 9:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference? [Virtual online chapter]
Replies: 31
Views: 2232

Re: Virtual boglehead meeting?

Wow, my 4 year old post got some new life today! Since there seems to be some interest, I would be interested in working on this. I use webex daily for work, but that's not something I want to pay for. Others mentioned free tools. What are the best free tools for webex-like web conferences? dan Wou...
by lazylarry
Fri Mar 17, 2017 9:24 am
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference? [Virtual online chapter]
Replies: 31
Views: 2232

Re: Virtual boglehead meeting?

This is an awesome idea. I really hope this takes off; I will make sure to attend if this happens. We could do a monthly/bi-weekly broadcast type of thing. Each time we have an agenda to cover certain topics. It would probably be best if a senior well known member set it up. However, if no one is i...
by lazylarry
Thu Mar 16, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: newbie need some guidance for retirement
Replies: 2
Views: 203

Re: newbie need some guidance for retirement

Read getting started in the link in my sig. Also post as per link in sig. We need more info.
by lazylarry
Wed Mar 15, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund portfolio with less downside risk
Replies: 5
Views: 646

Re: 3-fund portfolio with less downside risk

Would consider a few things:
1- you are only looking at the past 10 years.
2 - what about taxes on bond funds in wellington? Wellington is less tax-efficient than a comparable equity index.
by lazylarry
Wed Mar 15, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: How should i construct my portfolio
Replies: 5
Views: 313

Re: How should i construct my portfolio

I guess investing all the money right away into the "3 fund portolio" would be a big time-risk. Not really, if you are looking for long term growth. Lump sum investing typically beats other averaging types of investing. What would be a smart way to build my portfolio? I am considering inv...
by lazylarry
Wed Mar 15, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds - now or later in the year?
Replies: 8
Views: 963

Re: I Bonds - now or later in the year?

0.1 or 0. It probably doesn't matter too much - a 3% extra yield after 30 yrs if it's 0.1%.
by lazylarry
Tue Mar 14, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off car?
Replies: 7
Views: 730

Re: Pay off car?

The interest rate is ZERO per cent! Keep the loan and use available funds for emergency funds, and various savings/investing. +1. Pay it off as slowly as possible. You are basically getting free money to invest. What you invest in depends on your AA and everything else, but basically, you could inv...
by lazylarry
Tue Mar 14, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: [Backdoor] Roth IRA fund choice
Replies: 2
Views: 210

Re: [Backdoor] Roth IRA fund choice

SWSTX is fine. Sometimes people prefer bonds in roth as they are more tax-inefficient but this depends on your situation. Also depends on your AA.
by lazylarry
Tue Mar 14, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA ending voluntary expense waiver on CREF Money Market
Replies: 6
Views: 552

Re: TIAA ending voluntary expense waiver on CREF Money Market

A little more detail here: https://www.tiaa.org/public/about/news/library_articles/gen1512_539.html I'm not sure if this is even relevant to you - do you have funds in money market? The money market is typically a holding space for money until you can invest in something else or withdraw from an acc...
by lazylarry
Tue Mar 14, 2017 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: VIIIX at 0.02% + fees or Taxable VFIAX at 0.05% (plus taxes)
Replies: 14
Views: 724

Re: VIIIX at 1.02% or Taxable VFIAX at 0.05% (plus taxes)

Kevin M, I think the 457 is even better than what you have mentioned because after the pre-tax deductions, the OP will pay less in taxes which theoretically could be invested in a taxable account. I was trying to prove livesoft wrong but found out that it is very hard for the taxable to beat the 457...
by lazylarry
Sun Mar 12, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Please HELP... [with portfolio]
Replies: 1
Views: 190

Re: Please HELP... [with portfolio]

-Welcome! Would be helpful to post as per the sticky link (in my sig), also I'm a little unclear what your goals are - what would you want yearly during retirement, do you have other obligations like kids, etc.? This affects things a lot. General info below: On what you have posted: -seems like you ...
by lazylarry
Sun Mar 12, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth order of operations
Replies: 4
Views: 441

Re: Backdoor Roth order of operations

It seems as if the easiest thing would be to do the Roth conversion first, and then the 401k rollover. Does the IRS allow that, or would doing the conversion first cause the pro-rata rule to take effect? -IRS just does taxes, thus they don't care. You can rollover Roth IRA into Roth 401k,but you ha...
by lazylarry
Sun Mar 12, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: PI advice... international exposure, GVUL options, time for a professional?
Replies: 3
Views: 225

Re: PI advice... international exposure, GVUL options, time for a professional?

Caveats: Not familiar with DC-ERP accounts. Also, I assume that your/wife's 401k holding funds are generally reflective of the Vanguard equivalent index, as I don't know those funds. 1. Traditionally 20-40% is recommended. 2. Don't know about that either. Generally insurance should be for insurance ...
by lazylarry
Sun Mar 12, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing
Replies: 4
Views: 274

Re: New to investing

The only other thing I would add is to keep in mind that Roth IRA contribution limit is based on MAGI which means certain pre-tax deductions are excluded. So you may have ability to contribute to Roth IRA for longer than you think.
by lazylarry
Sun Mar 12, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: What to do w/ some short-term monies?
Replies: 8
Views: 546

Re: What to do w/ some short-term monies?

I would actually recommend the Andrews FCU 3% 7 year CD and simply break it (6 mo interest lost), which is still better:
100 * (1.0145)^2 = 102.92
100 * (1.03) = 103
Plus we all know how delays in construction can go which makes the 7 year even better.
by lazylarry
Sun Mar 12, 2017 2:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference? [Virtual online chapter]
Replies: 31
Views: 2232

Virtual boglehead meeting?

Anybody know of groups that broadcast boglehead meetings online or if there is a group that does online talks exclusively? For those of us that are in a less boglehead-populated area.
by lazylarry
Sun Mar 12, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth
Replies: 4
Views: 254

Re: Backdoor Roth

You need to know the actual IRA basis and have filed Form 8606 to report any past non deductible contributions. Her IRA basis, whatever that amount is cannot be rolled into her 401k. Therefore, in order to make her Roth conversion non taxable she should directly transfer her entire TIRA pre tax amo...
by lazylarry
Sun Mar 12, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice - kinda late to the party - retiring in 4 yrs
Replies: 5
Views: 1238

Re: Portfolio advice - kinda late to the party - retiring in 4 yrs

Question: what are lbonds that you're suggesting for our emergency fund? Look in my sig for information. Basically a way of inflation-protecting your money while providing opportunity to avoid taxes on earnings to pay for education, with some caveats. -Regarding rolling over after-tax: I was talkin...
by lazylarry
Fri Mar 10, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Mutual Funds and Buying Vanguard Stock Index
Replies: 7
Views: 410

Re: Selling Mutual Funds and Buying Vanguard Stock Index

Only if you are tax loss harvesting in taxable, you could trigger wash sale. But otherwise no. I am new to investing. Would you mind translating this? :happy I should have mentioned that these investments are in a Roth Ira (80%) and a Traditional IRA (20%). Ok if you don't know what that means then...
by lazylarry
Fri Mar 10, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Mutual Funds and Buying Vanguard Stock Index
Replies: 7
Views: 410

Re: Selling Mutual Funds and Buying Vanguard Stock Index

Only if you are tax loss harvesting in taxable, you could trigger wash sale. But otherwise no.
by lazylarry
Thu Mar 09, 2017 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need 3% from $657K annually. What AA is best?
Replies: 21
Views: 3328

Re: Need 3% from $657K annually. What AA is best?

Thanks David, that's a good point. Paul, I am 63, my wife is 59. We'll probably be in the 25% tax bracket. This money is in a tax deferred 401K. I am new to this forum and have done some searching but haven't found what techniques the Bogleheads use to withdraw their living expenses from their inve...
by lazylarry
Thu Mar 09, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing (long term outlook)
Replies: 8
Views: 568

Re: New to Investing (long term outlook)

Lump sum? Fed hikes seem to be coming soon, will this impact the market? I guess long term it's somewhat irrelevant? Just tough pulling the trigger Yes you don't really know. Perhaps the market has accounted for it.Maybe not. It's long term though, but I would just do it..otherwise you will keep wa...
by lazylarry
Thu Mar 09, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Need 3% from $657K annually. What AA is best?
Replies: 21
Views: 3328

Re: Need 3% from $657K annually. What AA is best?

A few things -Lifecycle is a fixed asset allocation - e.g. 60% stocks, 40% bonds. If you're conservative, then sounds like a Target date fund might be a better fund for you, where you could choose an allocation that you like and that rebalances more to bonds over time. -you want 20k extra per year, ...
by lazylarry
Thu Mar 09, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice - kinda late to the party - retiring in 4 yrs
Replies: 5
Views: 1238

Re: Portfolio advice - kinda late to the party - retiring in 4 yrs

OK, this is definitely a bit messy, but looks like you are doing well. Few general things: -If you know you are paying for college - would go with that extra money in a CD or money market in a 529. Absolutely no reason you should be taxed on that. That's for both kids. Also would consider putting so...
by lazylarry
Tue Mar 07, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance fund investments
Replies: 6
Views: 492

Re: Help with inheritance fund investments

I'm not familiar with the rule of the trust, but in general...I'd basically want to know what your son wants or should be able to manage. If this is for him, he may need some money when he hits 30/you pass away. So I would place some portion in bonds (although there will be a tax hit) and a much lar...
by lazylarry
Tue Mar 07, 2017 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: New investor with an inherited IRA and income on the rise...help me out!
Replies: 28
Views: 1717

Re: New investor with an inherited IRA and income on the rise...help me out!

Income: ~50k per year; will go to ~60k per year for 3 years during fellowship, then ~225-300k (maybe more...one can hope) per year after that Desired asset allocation: 90% stocks/10% bonds? 100/0? Up for suggestion Conservative people would say 80/20. I would say 100/0 because you can tolerate the ...
by lazylarry
Mon Mar 06, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Please hold my hand first few transactions at Schwab
Replies: 5
Views: 418

Re: Please hold my hand first few transactions at Schwab

I'd follow the other posters and ask Schwab for help. Or ask them where you can learn this information. I'll try to answer your specific questions. So please help me fill in the blanks: Step 1 Sell the two mutual funds Q 1a? When would I be able to use the funds to buy SCHB or SWTSX? immediately, 1 ...
by lazylarry
Sun Mar 05, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help With Taxes!
Replies: 4
Views: 354

Re: Need Help With Taxes!

Turbotax or H&R block are both fine. Your terminology is a bit unclear. Capital gains/losses can't be itemized. If they are reporting capital gains/losses, then they would have to get the premium version of either service (for forms 8949/schedule d). If you want to get Ibonds as the method of yo...
by lazylarry
Sun Mar 05, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Figuring out what to do with 125k
Replies: 7
Views: 650

Re: Figuring out what to do with 125k

To elaborate on the reasoning, my wife wants to feel as if this particular 125k is "safer" than the rest of our equity investments and could theoretically be taken back out for use in emergencies and/or used for a down payment on a new bigger home at a future date. At the same time, we wa...
by lazylarry
Sun Mar 05, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Review, new rollover to Vanguard, and starting first taxable account
Replies: 5
Views: 558

Re: Asset Allocation Review, new rollover to Vanguard, and starting first taxable account

I have been reading books, this forum, and planning for 5 years. We have an IPS to guide us, and the time has finally come for us to go at it alone without an advisor. We are consolidating funds at Vanguard and also starting a taxable account. Any advice on asset allocation and location is apprecia...
by lazylarry
Sun Mar 05, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Figuring out what to do with 125k
Replies: 7
Views: 650

Re: Figuring out what to do with 125k

More info as per the sticky would be helpful. Also, do you need this money or not? My thoughts are though that you will be paying significant amount of taxes on dividends on those bond parts of Wellington/Wellesley. At 3.8%, that's not a bad mortgage rate, but maybe not too great compared to after- ...
by lazylarry
Sun Mar 05, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tax questions regarding 403b to Roth 401k conversion
Replies: 3
Views: 191

Re: Tax questions regarding 403b to Roth 401k conversion

Strange move, from a traditional 403b to a Roth 401k. Your W-2 is to show your income, and withholding for SS and Medicare. The W-2 does not show distributions from your 403b or transfers in to your 401k. You should have a 1099-R showing the distribution from your 403b. This will show the taxable a...
by lazylarry
Sun Mar 05, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Portfolio Advice
Replies: 1
Views: 132

Re: 401K Portfolio Advice

Good allocation. I find it easier to have total stock market but yours captures most things similarly enough. You don't have any bonds which you should probably own 10-20%ish of in my opinion.
by lazylarry
Sun Mar 05, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Tax questions regarding 403b to Roth 401k conversion
Replies: 3
Views: 191

Tax questions regarding 403b to Roth 401k conversion

My situation: So I had about 20k total in my 403b last year, and converted about 15k of that to a Roth 401k in Dec 2016. So thus, I should be taxed on 15k of my conversion, correct? My SS/Medicare tax is about 8% (6000/76000) and my fed tax withheld afterwards is about 18.5% (13k/70k). However, when...
by lazylarry
Wed Mar 01, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: How to determine the assert allocation?
Replies: 8
Views: 827

Re: How to determine the assert allocation?

I would first read the the stickies regarding starting out or read my link below (the getting started section). I think the biggest issue is just your mentality at this time. You (nor anyone) can predict the market consistently. Don't make the psychological mistakes. You are relatively young. Do not...
by lazylarry
Wed Mar 01, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Please tell me if I should be doing anything different.
Replies: 12
Views: 896

Re: Please tell me if I should be doing anything different.

-I wouldn't do whole life insurance. Lot of downside, few upsides. See the WCI for a nice post. http://whitecoatinvestor.com/8-reasons-to-avoid-whole-life-insurance-and-4-reasons-to-consider-it/ Is there some reason term insurance is not appropriate? -Would go with total stock market in roth, more d...
by lazylarry
Wed Mar 01, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Ibonds
Replies: 12
Views: 1661

Re: Ibonds

It probably won't be increased much if it is. In the past seven years, the highest the fixed rate has been is 0.2%. Also, buy them toward the ends of month as you will accrue interest as long as you buy them in the month. Look at my links and there is the boglehead info on Ibond tips.
by lazylarry
Tue Feb 28, 2017 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Index fund portfolio
Replies: 11
Views: 897

Re: Index fund portfolio

You're bond-light but if you're ok with that then its fine.
by lazylarry
Tue Feb 28, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Advise 98 yr old with 95% equities?
Replies: 33
Views: 3535

Re: Advise 98 yr old with 95% equities?

I'm going to be contrarian and say you should talk to him about potentially changing AA. I mean, if his inheritance means something to him (which I don't know if it does), then I'd assume that he'd like you to have some input as to the AA. If he doesn't really care that much about the AA, then I th...
by lazylarry
Tue Feb 28, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Buffett advocates what Bogleheads have been saying
Replies: 1
Views: 421

Re: Buffett advocates what Bogleheads have been saying

Yes I feel like I've seen this for a while. What really surprising to me at least was that there were only $100 billion in fees to managers over 10 years.. I always thought it'd be a lot more.
by lazylarry
Tue Feb 28, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Advise 98 yr old with 95% equities?
Replies: 33
Views: 3535

Re: Advise 98 yr old with 95% equities?

I'm going to be contrarian and say you should talk to him about potentially changing AA. I mean, if his inheritance means something to him (which I don't know if it does), then I'd assume that he'd like you to have some input as to the AA. If he doesn't really care that much about the AA, then I thi...
by lazylarry
Sun Feb 26, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get rid of lot of land?
Replies: 26
Views: 4203

Re: Best way to get rid of lot of land?

Haha appreciate the lively conversation. I can't visit it as I'm in another state (it's in TX and I'm in PA)! Maybe I will send the HOA/County a letter (I finally found their address) seeing if they would like my piece of lands with pigs and who knows what else. I guess since it's Texas I could mayb...
by lazylarry
Sun Feb 26, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on how much insurance to have, with little kids
Replies: 5
Views: 598

Re: Thoughts on how much insurance to have, with little kids

Hindsight will answer this nicely I suppose. I think having a higher deductible is fine, assuming you are easily able to afford the copays up to that point. That is really your downside risk I think. Else, as a young, healthy family, why not? +1. I was a healthy kid and didn't even go for well chil...
by lazylarry
Sun Feb 26, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: taxes - Short vs Long on Sched D Part III
Replies: 7
Views: 517

Re: taxes - Short vs Long on Sched D Part III

Yes they are definitely taxed differently - short term at marginal tax rate, long term at 15%. I've actually never sold stock for a gain so I really have no idea the answer to your question on the practical side of this, I'm a bit befuddled too.
by lazylarry
Sun Feb 26, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Made a big tax mistake rolling 401k into a Roth IRA, do I have any options now or am I out of luck?
Replies: 8
Views: 1795

Re: Made a big tax mistake rolling 401k into a Roth, do I have any options now or am I out of luck?

So you have a 401k, did you convert it over into a Roth 401k or did you roll it over into a traditional IRA and then a Roth IRA? You can re-characterize if you did convert it to Roth IRA. If it was into a Roth 401k, I don't think they'll let you do that (as far as I know) but I'd call your custodian...
by lazylarry
Sun Feb 26, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why not to do ROTH Conversion
Replies: 29
Views: 2880

Re: Why not to do ROTH Conversion

Hmm I guess I have seen more people do the roth conversion while IN retirement. Reason being, if they can absorb the tax hit up to the 15% tax bracket for the first 10 years (via deductions etc), then when MRDs kick in for the 401k or SS dollars start coming in (which pushes them above this bracket)...

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