Search found 281 matches

by lazylarry
Sat Apr 22, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: please advise- are we on target ?
Replies: 16
Views: 931

Re: please advise- are we on target ?

Good Evening Bogleheads, I am a first time poster and would greatly value your input Would post as per my signature below, we can give better advice that way. Also look at my signature for further links on getting started .We are trying to understand where we stand financially at this time and if w...
by lazylarry
Thu Apr 20, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 127
Views: 11010

Re: Do you have an umbrella policy?

What are things we should look for in an umbrella coverage policies? Or are they generally the same in terms of what they cover? And the best (cheapest) way to get one is just to call around to different insurance agencies (I've heard folks having it through Geico, State Farm, etc)?
by lazylarry
Tue Apr 18, 2017 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Taxable Accounts/Passive Income
Replies: 10
Views: 774

Re: Portfolio Advice - Taxable Accounts/Passive Income

Sorry but I just have to ask... if your "After Tax monthly income" is $9951 ($119,412 Annually) how are you able to be within the 15% tax bracket? Especially since that is after tax income.... In the military my Basic Housing Allowance is not taxed as income. Also, tax deductions from my ...
by lazylarry
Tue Apr 18, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: 35 year old seeking Roth 401K investment help
Replies: 8
Views: 375

Re: 35 year old seeking Roth 401K investment help

Yes at your tax rate, I really doubt that you would have enough saved to be earning enough to warrant a 28% tax rate during retirement. So a traditional 401k is definitely the way to go. Some links in case you did not see them - they are in the stickies on the forum. https://www.bogleheads.org/wiki/...
by lazylarry
Tue Apr 18, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll out my portion of my pension???
Replies: 7
Views: 702

Re: Should I roll out my portion of my pension???

we need more info, would post as per the link at bottom.
my guess is that you taking the portion now will be better if there are high fees though your tax bracket now and at retirement will determine this.
by lazylarry
Tue Apr 18, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 30yr old with limited knowledge-Calling all Bogleheads
Replies: 17
Views: 1895

Re: Advice for 30yr old with limited knowledge-Calling all Bogleheads

A sample plan: 401k 20% Fidelity® U.S. Bond Index Fund - Premium Class (Bond) ER .05% 64% FID 500 INDEX PR (Large Cap)-30% Expense Ratio .045% 16% FID SM CAP IDX PR (Small Cap)-10% Expense Ratio .07% Taxable -Sell all and rebuy: 20% VBTLX 60% VTSMX 20% VGTSX -You will pay some marginal capital gains...
by lazylarry
Tue Apr 18, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: 35 year old seeking Roth 401K investment help
Replies: 8
Views: 375

Re: 35 year old seeking Roth 401K investment help

-need more emergency funds - IMHO 6 months better unless your job is super stable. -international: 20-40% of equities -Why are you looking at Roth 401k investments? Unless there is no traditional 401k, which would be weird. You should be investing in 401k like 99.99% chance given your tax bracket. -...
by lazylarry
Tue Apr 18, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging the S&P 500 for the TSM
Replies: 16
Views: 1884

Re: Exchanging the S&P 500 for the TSM

Just a note that one potential tax implication would be that IRA's can cause wash sales if you have TSM or S&P500 in a taxable account. You didn't mention if you have a taxable account but I just wanted to throw this detail out there. Wash sale would only apply if S&P500 was in a taxable ac...
by lazylarry
Tue Apr 18, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Taxable Accounts/Passive Income
Replies: 10
Views: 774

Re: Portfolio Advice - Taxable Accounts/Passive Income

-easier if you post everything as a percentage of total assets -Somewhat confused why (or if) your emergency fund in in a taxable account with VASIX. There is stock exposure there and a short-term bond fund seems more appropriate. If there is an economic downturn or bonds drop, can you stomach a 10-...
by lazylarry
Mon Apr 17, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing- future retirement assistance
Replies: 3
Views: 312

Re: New to investing- future retirement assistance

Agree with RSM's general idea. However,more specifically, typically recommend 60-80% domestic equities and 20-40% foreign equities, of your equities. And then 20-30% bonds depending on your tolerance. To replicate total stock market: https://www.bogleheads.org/wiki/Approximating_total_stock_market 8...
by lazylarry
Mon Apr 17, 2017 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 30yr old with limited knowledge-Calling all Bogleheads
Replies: 17
Views: 1895

Re: Advice for 30yr old with limited knowledge-Calling all Bogleheads

For simplicity, you could go with the first 2 colored funds or add the 3rd for a 3-fund portfolio. Any/all of the others could be added if you choose, maybe later. This target fund is pretty expensive but Vanguard or Fidelity Index target funds would work in a Roth IRA. Total Stock market (or S&...
by lazylarry
Sun Apr 16, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 127
Views: 11010

Re: Do you have an umbrella policy?

What are things we should look for in an umbrella coverage policies? Or are they generally the same in terms of what they cover? And the best (cheapest) way to get one is just to call around to different insurance agencies (I've heard folks having it through Geico, State Farm, etc)?
by lazylarry
Thu Apr 13, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: 529/son got accepted to medical school whahoooo!
Replies: 30
Views: 3114

Re: 529/son got accepted to medical school whahoooo!

OP Congratulations on your son's acceptance! All - I've never seen anyone on this board advocate that reserves needed in 1-4 years be kept in stocks. Why does putting it in a 529 make it different? I would be advising something like 30/70 now and drop the stocks 10% per year until 100% bonds for th...
by lazylarry
Tue Apr 11, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Tax questions regarding 403b to Roth 401k conversion
Replies: 8
Views: 517

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

You may never get a 1099R for the transaction you described because it simply cannot be done. An in plan Roth rollover is limited as the name implies to the same plan. Therefore, you could not transfer a pre tax 403b balance into a Roth 401k, which is a DIFFERENT plan. Perhaps both plans were 403b ...
by lazylarry
Mon Apr 10, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Tax questions regarding 403b to Roth 401k conversion
Replies: 8
Views: 517

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

So I've called my custodian multiple times - they kept saying that they would send a 1099-R but didn't (actually they initially said no 1099-R was needed for Roth conversions until I explained it to them). Now I called them and was told that because my conversion was after 12/23/16 (their cutoff for...
by lazylarry
Mon Apr 10, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Looking to open a Roth IRA - need some expert advice
Replies: 8
Views: 803

Re: Looking to open a Roth IRA - need some expert advice

I think that's perfectly reasonable. Yes you could do target fund too - just depends on how much time you have and interest in gaining the experience regarding rebalancing funds. The important thing is that you are saving though :).
by lazylarry
Sun Apr 09, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to open a Roth IRA - need some expert advice
Replies: 8
Views: 803

Re: Looking to open a Roth IRA - need some expert advice

If you really also want to get admiral funds, you could also contribute the base to two or three funds (e.g. $3000 per fund). Then when you get more money, you can just add that one fund and get admiral funds. It's a bit lopsided of a rebalancing but if it's for long term it doesn't matter a ton. FY...
by lazylarry
Thu Apr 06, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 30yr old with limited knowledge-Calling all Bogleheads
Replies: 17
Views: 1895

Re: Advice for 30yr old with limited knowledge-Calling all Bogleheads

-would read boglehead guide to investing/getting started in my links -don't look at income, verify that your MAGI is out of range for Roth. Just looking at your 401k contributions, you should be able to contribute somewhat to Roth. -your 401k is unnecessarily complicated. I would get rid of the Mid ...
by lazylarry
Thu Apr 06, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: TLH at Chase Brokerage, is Original Cost the same as Specific Cost?
Replies: 3
Views: 204

Re: TLH at Chase Brokerage, is Original Cost the same as Specific Cost?

It's not necessarily specific cost, but rather specific ID, such that you get the cost of stocks after adjustment for dividends and stock splits. I think (based on google) that original cost is equivalent to the cost basis except if there were stock splits, dividends etc, and thus is not what you wa...
by lazylarry
Tue Apr 04, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: How to manage lump sum from real estate sale
Replies: 9
Views: 1036

Re: How to manage lump sum from real estate sale

Obviously you've done a good job of earning/saving/investing, congrats. Definitely would take a look at the "Managing a windfall" wiki. 1-I'd say savings or CD, really whichever has better interest rate. 2-I'd wait some time to really look into this. A CD could be good (consider getting a ...
by lazylarry
Tue Apr 04, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Withdraw from taxable to fund tax advantaged?
Replies: 5
Views: 574

Re: Withdraw from taxable to fund tax advantaged?

-Would at least think about paying off the mortgage. Rate is high enough that I'd ballpark equivalence to a 4.5% annual return pre-tax, which is a risk-free return essentially. -Would run the numbers for retiring early. You have a lot of savings, but you also have a lot of kids. College is expensive...
by lazylarry
Tue Apr 04, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: What's the flaw in this strategy:
Replies: 27
Views: 1844

Re: What's the flaw in this strategy:

It seems so obvious to me, that I must surely be missing something which a Boglehead can point out! Maybe I'm new enough here myself that I find all of the experienced posters belittling your idea to be rather surprising (and glad no one has yet called it "stupid" even if it's just unspok...
by lazylarry
Sat Apr 01, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Liquidate Philippine equities to VTSAX lump sum or cost average?
Replies: 5
Views: 464

Re: Liquidate Philippine equities to VTSAX lump sum or cost average?

I definitely have minimal experience in foreign equities or currency valuations...but lump sum tends to be better in general only because you are spending longer time in a index fund where things are likely to grow (for US index funds at least). I'm not sure what's in your RP portfolio, or if it ref...
by lazylarry
Sat Apr 01, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting Thoughts on 401k Options
Replies: 4
Views: 229

Re: Requesting Thoughts on 401k Options

Not sure if you have taxable, but your internationals might be better served there - e.g. tax-efficient investing. Depending on the amount in your IRAs and 401k, I think it would make most sense then to have the bny index fund in your 401k, bonds/international in ira (you can probably select lower E...
by lazylarry
Sat Apr 01, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Too high of a mortgage rate for new purchase?
Replies: 6
Views: 556

Re: Too high of a mortgage rate for new purchase?

+1 techarch Also to consider - usually renting > house in under five years - what if they move? -Are they considering annual costs which may be 1% or higher? I would encourage them to run the numbers to prove that it works. I mean, they are making a major investment and should know what it entails.
by lazylarry
Fri Mar 31, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: 2016 Roth Contributions and an unexpected December bonus
Replies: 7
Views: 485

Re: 2016 Roth Contributions and an unexpected December bonus

First, check that your modified AGI is over the threshold.
If so, then you are stuck with recharacterizing. You have file tax form 8606.
https://www.bogleheads.org/wiki/IRA_recharacterization

And as DSinvestor stated, would convert then to Roth IRA via backdoor if that made sense.
by lazylarry
Mon Mar 27, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Critique My AA
Replies: 10
Views: 640

Re: Critique My AA

I'd put it all in total stock market since you are just talking RothIRA. I have bondIndex in my RothIRA, but thats to balance the stocks in 401k. I'd recommend not to slice and dice till its around $50K +1 Fantastic at your age that you are saving. At such low amounts of money it doesn't matter ver...
by lazylarry
Mon Mar 27, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio mix
Replies: 4
Views: 558

Re: Portfolio mix

A broad generalized opinion based on the limited info you have given: -I don't invest 10-15 yrs "growth", there's not a fantastic way to predict how things will be doing that short of timeframe -you miss midcaps -you have low international (rec'd 20-40%) -why do you have cash if its not ne...
by lazylarry
Mon Mar 27, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Roll over 401k to new employer or existing Vanguard Roth IRA
Replies: 11
Views: 610

Re: Roll over 401k to new employer or existing Vanguard Roth IRA

+1 retiredjg You can't really roll 401k -> Roth IRA. You'd have to do 401k->tIRA ->Roth IRA. Roth is probably not the best idea given taxes. Placing in a tIRA makes less sense given taxation of gains at marginal tax bracket at retirement and hinders backdoor Roth. I think the rolling over to new 401...
by lazylarry
Mon Mar 27, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of contributions to taxable and retirement accounts (not market timing!)
Replies: 5
Views: 464

Re: Timing of contributions to taxable and retirement accounts (not market timing!)

I think maxing 401k first makes more sense as you won't be submitted to as much taxation from dividends as if you had invested in taxable earlier. Also commissions - if that matters. Either way, as above poster said, small difference and would also keep in mind the situation in case of job terminati...
by lazylarry
Fri Mar 24, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth v. Traditional allocation
Replies: 19
Views: 1279

Re: Roth v. Traditional allocation

I think ketawa hit it on the spot. This allocation depends on how much risk you want to take. The risk to equity is independent of the Roth vs tIRA vehicles. What is different is taxation (much worse in tIRA when withdrawing) and MRDs (present in tIRA). Generally, I would venture that more equities ...
by lazylarry
Fri Mar 24, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Income tax extension? local?
Replies: 2
Views: 231

Re: Income tax extension? local?

Anyone?
by lazylarry
Thu Mar 23, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roth v. Traditional allocation
Replies: 19
Views: 1279

Re: Roth v. Traditional allocation

"equal space"? There is infinite space in a Roth IRA/tIRA, it's just illegal to overcontribute is all. :happy Is the tIRA tax-deductible? If so, then that may (depending on future income, plans to backdoor roth, retirement withdrawals, etc) be the better option. If the tIRA is not tax-dedu...
by lazylarry
Thu Mar 23, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Merriman Bonds vs. horrible 401k bonds . . .
Replies: 29
Views: 1607

Re: Merriman Bonds vs. horrible 401k bonds . . .

If you are going to be paying about 0.8% for a fund in your 401(k) no matter what, then it might as well be a bond fund because that fund will probably not rise in value as much as a stock fund and thus keep your actual dollar amount in expenses lower. In other words, don't put bond funds in your R...
by lazylarry
Thu Mar 23, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Double Check my Buckets!
Replies: 10
Views: 961

Re: Double Check my Buckets!

I think at your tax bracket (>25%) you'd be hard pressed to find where a pre-tax contribution is going to be worse than Roth. I'd agree with your retirement contribution order, except if you are maxing out all tax-advantaged (403b, 457), I'd contribute and max out the Roth IRA as early as possible a...
by lazylarry
Thu Mar 23, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Income tax extension? local?
Replies: 2
Views: 231

Income tax extension? local?

So I'm in the annoying situation of having a slow 1099-R come to me, and thus may need to file a income tax extension for the first time. I was planning to decently overpay my taxes as want to avoid paying any extra to the IRS. 1) How long does it take for the refund (if we overpaid) to come back ty...
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: 258

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: 371

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: 2501

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: 667

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: 2501

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: 2501

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: 227

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: 709

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: 338

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: 1036

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: 764

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: 226

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: 712

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: 843

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...

Go to advanced search