Search found 379 matches

by lazylarry
Sun Jan 21, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4152

Re: Buying a car?

Thanks all for the info...super helpful... a few questions though: Congrats on buying a new vehicle. Hold up though. The definitive advice on buying a new car comes from here. https://www.bogleheads.org/forum/viewtopic.php?t=124638 (please read) The e-mail blast tactic is most commonly used on new c...
by lazylarry
Sun Jan 21, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on 65 year old's portfolio
Replies: 14
Views: 1664

Re: Opinions on 65 year old's portfolio

I agree with other posters regarding pension and conversions. Would look into i-orp, it can model for you the best times to convert. Your IRA is massive (congrats), which also means you are going to get hit with very high taxes due to RMDs. Using bankrates calculator, it looks to be starting at 60k ...
by lazylarry
Sat Jan 20, 2018 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion in 2018 - makes more sense now?
Replies: 4
Views: 612

Re: Roth conversion in 2018 - makes more sense now?

1 - I've just googled things. 2- The decision to convert should be based on how much you plan on having in your IRA and your income tax at retirement. For instance, if you expect to have $50k of taxable income when you are retiring, then it could make sense to contribute at the 22% income tax bracke...
by lazylarry
Fri Jan 19, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4152

Re: Buying a car?

So I decided to buy a used car (Toyota Corolla 2016) and took the advice of others - email dealers and basically ask for the best offer, telling them the current best offer you have. I told them I'm ready to buy ASAP (maybe there are 4 dealers with cars in competitive price ranges near me). However,...
by lazylarry
Sat Jan 13, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing out of target funds?
Replies: 8
Views: 757

Re: Rebalancing out of target funds?

Hi guys and thank you for your responses. I read the wiki page so what I am getting is this: Total international stock index is most optimally placed in taxable, total bond index is most optimally placed in pre-tax Ira, and total us stock index is most optimally placed in Roth IRA. Does that about ...
by lazylarry
Sat Jan 13, 2018 11:32 am
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 61
Views: 8421

Re: [Virtual online chapter - Master thread]

Been a while since our last meeting , but first meeting of the year on: January 24th @ 8pm FiveK is presenting on prioritizing investments. Shoot me an email if you are interested and not on the listserv: virtualbogleheads@gmail.com It's going to be good, so hope to see all there! A little preview: ...
by lazylarry
Sat Jan 13, 2018 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing out of target funds?
Replies: 8
Views: 757

Re: Rebalancing out of target funds?

+1 grabiner Hi all, I recently changed jobs and just rolled over my 401ks to vanguard. I had initially had a rollover IRA and Roth IRA of about $1000 but now have about $17k in each. Would now be a good time to move to admiral share indexes? I also have a brokerage account with vanguard containing a...
by lazylarry
Sat Jan 13, 2018 12:16 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 68
Views: 3585

Re: Poll: BHs who rent - what % of gross do you spend on rent?

6% in a relatively nice area . PA cost of living is fantastic.
by lazylarry
Tue Jan 09, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4152

Re: Buying a car?

Thanks all, appreciate the advice. Super helpful, I took it to auto body shop and said just that. Would like not to buy a car - that's a big pain for me, but will resort to those websites and probably stick to Hyundai/Toyota like folks are saying. But did get a revised estimate, not sure if this se...
by lazylarry
Tue Jan 09, 2018 12:30 am
Forum: Personal Consumer Issues
Topic: Debating which credit card to get for airline travel
Replies: 22
Views: 1247

Re: Debating which credit card to get for airline travel

I think the other advice (including flyertalk forums and thepoints guy) is on point. For me, I didn't want to spend a ton of time on this - managed to get pretty good savings in college by basically going to every airlines and finding their "you get 20000 free miles if you spend $3k". Then I'd use 3...
by lazylarry
Tue Jan 09, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: When the rubber hits the road [Progressive Dementia thread with merged updates]
Replies: 106
Views: 7931

Re: The reality hits - my dementia update

That's really a bummer, hope you are able to still enjoy things even with all the memory loss. Would definitely consider exercise though (if you haven't already). It has decent efficacy in at least slowing the cognitive decline of dementia.
by lazylarry
Tue Jan 09, 2018 12:10 am
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4152

Re: Buying a car?

Thanks all, appreciate the advice. Super helpful, I took it to auto body shop and said just that. Would like not to buy a car - that's a big pain for me, but will resort to those websites and probably stick to Hyundai/Toyota like folks are saying. But did get a revised estimate, not sure if this see...
by lazylarry
Thu Jan 04, 2018 7:05 pm
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4152

Buying a car? [Need help with strategy for purchasing a used car]

Unfortunately, I got into a minor fender bender and insurance is not picking up anything b/c it was my fault :(. Car is worth about $500 Kelly BB value (corolla 2001), but costing about $3000 to repair (grill, hood, radiator damage). So after I recovered from being very upset at getting into an acci...
by lazylarry
Mon Jan 01, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Roth IRA
Replies: 4
Views: 349

Re: Rebalancing Roth IRA

Not sure 100% what you mean.

For my Roth IRA, all the funds are listed under one account. For instance, it will show:
14000 VGTSX
5000 VTSMX

And then I can make transactions e.g.
sell 1500 of VTSMX
buy 1000 of VGTSX
by lazylarry
Mon Jan 01, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity check on portfolio in retirement
Replies: 2
Views: 313

Re: Sanity check on portfolio in retirement

Would appreciate comments on my portfolio. We are retired in late 60s. Portfolio is approx. $4.1 million. Income needs are met by social security + 1% of portfolio. Below is portfolio showing % for each fund in portfolio plus split of each fund between taxable portion of portfolio & tax deferred (I...
by lazylarry
Wed Dec 27, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Allocation for 66 Year Portfolio
Replies: 7
Views: 735

Re: Tax Efficient Allocation for 66 Year Portfolio

If she needs all the funds in five years (and she is contributing yearly till then), then a stock fund may not be the right option. If she can live without it, then it's an option. I would be prepared at any time for stocks to take a 50% hit in value for a few years and use that as a barometer of wh...
by lazylarry
Mon Dec 25, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: trivial dilemna - break CD or defer Roth IRA investment
Replies: 5
Views: 345

trivial dilemna - break CD or defer Roth IRA investment

Hi, Have a interesting question that isn't too important but I'm still curious of the answer. I have 5- year 2% int CD with 4K and also 2 year old Ibond with 1k but also do not have enough in savings to contribute to my Roth IRA for 2018. It will likely be 6 mo before I can contribute to Roth IRA. S...
by lazylarry
Sun Dec 10, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get rid of lot of land?
Replies: 37
Views: 6730

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

Hi, Just checking to see if there were any more thoughts on this. I sent another batch of mail out with no luck to other owners. I was debating emailing/mailing the HOA, but wanted to check - I haven't paid HOA fees probably in about 3-4 years (each year is $75) and maybe more. I do pay property tax...
by lazylarry
Sun Dec 03, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Tax implications of balancing/exchanging funds
Replies: 9
Views: 647

Re: Tax implications of balancing/exchanging funds

Hi all, This is my first post, but I've been a long-time lurker and have learned a lot (thanks!) although perhaps the following questions will make you think otherwise. I've decided to to balance my investments myself based upon the percentages in Vanguards Target Retirement 2045 fund: US Stock: 54...
by lazylarry
Sun Dec 03, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Cost Basis
Replies: 25
Views: 1691

Re: Vanguard Cost Basis

Vanguard does not report to the IRS average cost basis for non-covered shares and it never has. Vanguard does not provide the cost basis for non-covered shares which are all I have left in a taxable account at Vanguard, so I keep track myself. Livesoft , Vanguard has adopted average cost for report...
by lazylarry
Sun Dec 03, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis after Admiral shares conversion?
Replies: 1
Views: 369

Cost Basis after Admiral shares conversion?

Hi folks, Converted VGTSX to VTIAX earlier this year, and realized that the listed cost (even though I have specific ID) is the same for all shares that I have bought. Rather, Vanguard has averaged the cost per share, leading to an inaccurate total cost (and thus inaccurate cost basis). I saw prior ...
by lazylarry
Tue Nov 28, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 3241

Re: Going from 100% U.S stocks to 30% international?

Well since you can only transfer VINIX (assuming no other options for low cost international), I'd make sure to balance out b/t small cap, such that you transfer 9K from your 457 small cap to the large cap. Otherwise you will be unbalanced in domestic. And yes, one lump sum is better. "Time in the m...
by lazylarry
Tue Nov 28, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: 401k fund option help
Replies: 4
Views: 401

Re: 401k fund option help

PFInterest wrote:
Tue Nov 28, 2017 9:58 pm
80:20 vanguard s&p 500 and vanguard small cap.
short term bond if you need them.

done.
+1
Or
10 VG ST bond
80 VG SP 500
10 VG small cap
That may be a little closer to the true US stock market and is more conservative.
by lazylarry
Tue Nov 28, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Which 403b to invest in
Replies: 19
Views: 1240

Re: Which 403b to invest in

1 - yes if you're changing it every couple of years, and probably a little too aggressive if you're not changing it. 2 - it depends. TDF for 2045-2055 for example are identical (90% stocks/10% bonds) but for 2030 it is different (75% stocks/25% bonds). I imagine Vanguard is doing some kind of glide ...
by lazylarry
Thu Nov 23, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: recent fire in parent's house - what to do?
Replies: 9
Views: 1243

recent fire in parent's house - what to do?

HI folks, Unfortunately my parents recently had a fire in their house that is going to force their house to be gutted - extensive damage/debris and several areas of house are unsafe or unable to enter as the floor is gone. We're dealing with the insurance company now. 1. Reading online, recommendati...
by lazylarry
Sat Nov 11, 2017 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking portfolio advice, 30 y/o programmer
Replies: 7
Views: 1459

Re: Seeking portfolio advice, 30 y/o programmer

Truth in advertising; Thanks in advance. Please don't hesitate to let me know if I screwed up something in this post. Emergency funds: >1 year expenses. Debt: 13 years left on a 15 year mortgage at ~3%, ~300k remaining to be paid. Tax Filing Status: Single Tax Rate: 28% Federal, 0% State State of R...
by lazylarry
Sat Nov 11, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3716

Re: What's your weighted average expense ratio?

PFInterest wrote:
Sat Nov 11, 2017 11:07 pm
1.47%
















Made your blood pressure jump!
I actually thought you put a typo and meant it to be 0.147%. I feel like you would be auto-banned from this forum if your ER was 1.47. :happy
by lazylarry
Sat Nov 11, 2017 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: First "real" job with 401(k), HSA and higher income. Any advice?
Replies: 19
Views: 1924

Re: First "real" job with 401(k), HSA and higher income. Any advice?

-congrats on finishing surgery fellowship! 1 - Yes 2 - There are slight differences - e.g. bonds are more tax efficient in a tax advantaged. Not critical but would probably improve returns. Basically, all you would do is make sure that bonds are only in 401k or Roth IRA. https://www.bogleheads.org/w...
by lazylarry
Sat Nov 11, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3716

Re: What's your weighted average expense ratio?

Mine is probably around .25, I don't bother calculate it, but I don't understand the point of these constant comparison posts that have been appearing lately. Nobody learns anything from them. What does it matter if someone else answers .01, .1, or 1%? How does knowing that benefit anyone? Mine is ...
by lazylarry
Fri Nov 10, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Annual timing of Roth IRA contribution
Replies: 15
Views: 1560

Re: Annual timing of Roth IRA contribution

Yes if you are planning to invest in tax advantaged account, and can do so, you might as well do it right away. This is not related to the advantaged status of an account but rather that "time in the market" is better than market timing. So yes, you should invest right away rather than trying to fig...
by lazylarry
Sat Nov 04, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: does it make sense to realize capital gains to max out 529?
Replies: 2
Views: 307

Re: does it make sense to realize capital gains to max out 529?

When are you planning to use the 529? If you are relatively far out (~5-20 yrs), I'd go ahead and do it. If b/t 0-5, I wouldn't. The capital gains tax are almost irrelevant given that you will be hit with those at some point regardless. In 529, if you are definitely going to use it, then you are pro...
by lazylarry
Sat Nov 04, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: How can I avoid taxes from dividends ?
Replies: 3
Views: 1075

Re: How can I avoid taxes from dividends ?

-not sure of the answer to your first q. You could look at which funds distribute less percent of dividends. Most vanguard stocks that I know have quarterly dividends..though it doesn't matter if you're getting taxed a flat rate. For US investors, looking at qualified dividends can help. If I move f...
by lazylarry
Sat Oct 21, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: VFIAX vs. VSMAX vs. VIMAX
Replies: 3
Views: 548

Re: VFIAX vs. VSMAX vs. VIMAX

Greetings and Happy Saturday. Currently my company's 401k offers a fair amount of Vanguard Index Funds and some other funds with high expenses. (No need to discuss those). For the last 4 years I have held all my money in the VFIAX. ER is very low and it is a basic and simple fund. I think VFIAX is ...
by lazylarry
Sat Oct 21, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Funds Help (27 years old)
Replies: 15
Views: 1262

Re: 401k Funds Help (27 years old)

I would put 100% into VFINX given your age and if you can tolerate the risk (which presumably you can since you are putting this in a 401k). Don't expect to see any of that money till you're 60 :). Would choose this due to the diversity of VFINX and lowest ER, it is the closest to matching the VTSAX...
by lazylarry
Sat Oct 21, 2017 8:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 61
Views: 8421

Re: [Virtual online chapter - Master thread]

Heads up that the next virtual meeting will be November 1st at 8pm EDT. If you are interested and not on the email listserve, email me at virtualbogleheads@gmail.com and I'll get you added and send the email with information!!
by lazylarry
Fri Sep 29, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Critique
Replies: 6
Views: 668

Re: Portfolio Critique

Hi - I'm new to this forum but not Vanguard. I'm 65, retired and on a pension. My Vanguard investments could generally be described as: 60% bonds and 40% Stocks. I hold stock ETF: VDC ; bond fund: VFITX; Brokered CDs (counted in bond percentage). Money Market value is negligible. All investments ar...
by lazylarry
Sun Sep 17, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Active Duty Airmen(24) Looking to maximize investment potentional
Replies: 6
Views: 695

Re: Active Duty Airmen(24) Looking to maximize investment potentional

I'm younger as well but here is my advice. -Is interest accruing on loans? Or is accrual of interest deferred? If the first, then depending on your interest rate, it may be worth it to pay off the loan. It depends on the loan rate. If the 2nd, then don't pay it off until you have to. -Your allocatio...
by lazylarry
Sun Sep 17, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 529 help for an investing newbie
Replies: 4
Views: 517

Re: 529 help for an investing newbie

Welcome to the US. May be helpful to post as per the intro sticky. -Are you paying mortgage,if so, what is rate? May be more efficient to pay this off first. -Also are you maxing retirement savings? That rate is low unless you are high income earner. This is recommended before contributing to 529. I...
by lazylarry
Sun Sep 17, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple Roth IRA accounts
Replies: 4
Views: 861

Re: Multiple Roth IRA accounts

I have Roths at Fidelity and Vanguard. I don't think it's a big deal to have one at Betterment. It makes it harder for me to track my asset allocation because I'm am using two brokerage services, but also provides some protection I suppose if something catastrophic happened to Vanguard. Betterment h...
by lazylarry
Sun Sep 17, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification on a TIRA
Replies: 3
Views: 405

Re: Clarification on a TIRA

Hello I am over 60 and have just opened a T IRA and funded it to the max of $6500. if I withdraw part of it in less than a year, is there any penalty, other than paying my current tax rate of 25%? Can I then top it up or is it subject to only one $6500 top up per fin year? In essence thinking I cou...
by lazylarry
Sun Sep 10, 2017 8:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 61
Views: 8421

Re: [Virtual online chapter - Master thread]

It's that time of year again for our Fourth Virtual Bogleheads Meeting. It will be September 20, 2017 @ 8pm EST . Topic to be decided and the links will be provided via Zoom in my next email in about a week. Email virtualbogleheads@gmail.com if you are interested in joining and are not on the lists...
by lazylarry
Tue Sep 05, 2017 9:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 61
Views: 8421

Re: [Virtual online chapter - Master thread]

Hi All, It's that time of year again for our Fourth Virtual Bogleheads Meeting. It will be September 20, 2017 @ 8pm EST. Topic to be decided and the links will be provided via Zoom in my next email in about a week. Email virtualbogleheads@gmail.com if you are interested in joining and are not on the...
by lazylarry
Fri Sep 01, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: mega backdoor Roth 401k practical issues
Replies: 12
Views: 1173

Re: mega backdoor Roth 401k practical issues

Ah thanks all for helping. Forgot pro rata doesn't apply to 401ks. Will just simplify and invest in Jan (don't want additional taxes this year as I am at top of bracket) What is IRR? Anyways I don't have to deal with this as conversions are very simple and clear in my plan and I plan to keep everyth...
by lazylarry
Fri Sep 01, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: How can I take advantage of a low-income year?
Replies: 23
Views: 2268

Re: How can I take advantage of a low-income year?

+1 grabiner
I would convert such that you Max 15% tax bracket
Then do capital gains harvesting on taxable as is possible
by lazylarry
Fri Sep 01, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor Roth 401k practical issues
Replies: 12
Views: 1173

mega backdoor Roth 401k practical issues

So my employer recently started allowing megabackdoor Roth 401ks. Essentially, I am able to contribute to after-tax 401k and am able to convert this to a Roth 401k. I can not convert to a Roth IRA. However, I am only allowed two conversions per year. My contributions to the after-tax 401k are basica...
by lazylarry
Thu Aug 31, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable retirement account for young physician
Replies: 25
Views: 2909

Re: Taxable retirement account for young physician

Solid advice as usual and sounds like you will be golden in retirement and now. One thing that was mentioned earlier - you may be able to use mega back door Roth depending on your 401k type and options. I'd at least look into it given that you are still in a (relatively) lower earning period compare...
by lazylarry
Fri Aug 18, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Portfolio Questions
Replies: 9
Views: 1419

Re: Early Retirement Portfolio Questions

I can't tell if you're planning to work or not in the future, which greatly affects everything. a) I wouldn't move 100%. I'd move enough so that you would be able to sustain a 10-year recession. Why 10 year? I'm just guessing. But the point is that the tax-ineffiency of bonds makes them very painful...
by lazylarry
Fri Aug 18, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Accumulation phase: Roth vs Traditional IRA?
Replies: 13
Views: 1382

Re: Accumulation phase: Roth vs Traditional IRA?

Look at https://www.bogleheads.org/wiki/Traditional_versus_Roth
+1 JBTX. The one thing is that if you are 25%+, then I would probably MAX 401k prior to any Roth IRA contributions.
by lazylarry
Fri Aug 18, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Savings vs Down Payment vs Retirement
Replies: 4
Views: 731

Re: Savings vs Down Payment vs Retirement

1 - No if you plan to use the money soon and you don't have the income to support it. I would put some in CDs if you need it within the next 4-5 years. A short term CD or use a longer term one with the expectation of breaking it. 2 - Depends what you value. If you really want the home, then go for i...
by lazylarry
Sun Aug 13, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Choices - Help Please
Replies: 6
Views: 538

Re: 401(k) Choices - Help Please

These are the best choices. iShares S&P 500 Index Institutional, BSPIX, ER 0.11% iShares MSCI EAFE Intl Idx Inv A, MDIIX, ER 0.38% BlackRock Total Return Inv A1, MEHQX, ER 0.75% (or possibly the stable value fund if it pays enough) This is the best she can do unless you are willing to change from t...