Search found 191 matches

by lazylarry
Thu Feb 23, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Move $$$ from 2-fund portfolio ---> TR2015?
Replies: 3
Views: 328

Re: Move $$$ from 2-fund portfolio ---> TR2015?

Hi Bogleheads - I'm kicking around the idea of moving my two-fund portfolio (Total Stock/Total Bond) to Vanguard's Target Retirement 2015 fund. Basically because I'm lazy. I'd like to let someone else handle the re-balancing. My allocation is 50/50 stock/bond, and it would stay the same if I made t...
by lazylarry
Thu Feb 23, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: How to save for retirement after maxing out 401k and IRA?
Replies: 7
Views: 653

Re: How to save for retirement after maxing out 401k and IRA?

livesoft wrote:Your taxable account is already a superb way to save for retirement. There is no need to buy annuitiies.


Livesoft, is there a good website/thread/book that talks about annuties. I've read the boglehead wiki but feel like I don't quite get when exactly they can be beneficial.
by lazylarry
Thu Feb 23, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: How to save for retirement after maxing out 401k and IRA?
Replies: 7
Views: 653

Re: How to save for retirement after maxing out 401k and IRA?

Congrats. May be helpful to post as per the stickie (in my sig below). But in general, sounds good you are doing well. No need to prepay mortgage as you say. You could also consider FSA if no HSA and you have kids annual checkups and whatnot. Otherwise you could consider things like Ibonds for the k...
by lazylarry
Wed Feb 22, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover 401k into something. Need options.
Replies: 2
Views: 160

Re: Rollover 401k into something. Need options.

Call Vanguard for rolling over. You can roll it over into any asset type that Vanguard offers. I'd looking at the Getting started section in the links on my signature for further advice about starting out.
by lazylarry
Wed Feb 22, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advise for newbie [Uruguay]
Replies: 4
Views: 206

Re: Portfolio Advise for newbie

Welcome! Ok I don't think many people on this forum will be investors from Urugay. I know there is a UK and Canadian version of this forum, so would ask there for some advice on investing from outside the US. But from my limited knowledge, I don't know that it'd make so much sense to hold 100% US st...
by lazylarry
Tue Feb 21, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my portfolio (managing large windfall)
Replies: 4
Views: 589

Re: Help with my portfolio (managing large windfall)

1- My thought is you're being too conservative. You have a longer timeframe for retirement and also larger tax brackets to contend with. I'm don't know your actual income. But, in ten years, will your taxable retirement assets, at apx a 60-120k/yr withdrawal rate post tax, last 30-40 years with such...
by lazylarry
Mon Feb 20, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: [What] to Do When Income Too High for Roth IRA
Replies: 15
Views: 1338

Re: [What] to Do When Income Too High for Roth IRA

KlangFool wrote:
Please read the previous post. Roth income limit is based on MAGI. He may qualify if he contributes to the max of Trad. 401K and HSA.

KlangFool


I read this earlier but apparently not closely enough. You are right as usual, thanks!
by lazylarry
Mon Feb 20, 2017 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help with choosing funds
Replies: 11
Views: 492

Re: Help with choosing funds

What is the ER on the Baird bond fund? If this is less than 0.3%, I think bond is better than TIPS (others may have a different view on this). There is a lot of overlap between PRIMECAP and Institutional Index. Because the ER is lower, I would only use Institutional index. Then I would a portion of...
by lazylarry
Mon Feb 20, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: [What] to Do When Income Too High for Roth IRA
Replies: 15
Views: 1338

Re: [What] to Do When Income Too High for Roth IRA

How do you know that you no longer qualify for Roth IRA contribution? KlangFool http://www.rothira.com/2017-roth-ira-limits-announced Maybe I'm missing something here Klangfool, but they are over the limit for this year likely based on the 174k+40k = 214k. Unless you are talking about the 2016 ...
by lazylarry
Mon Feb 20, 2017 1:39 am
Forum: Investing - Help with Personal Investments
Topic: municipal bonds for taxable bond portion
Replies: 4
Views: 700

Re: municipal bonds for taxable bond portion

Questions: 1) Is it worth moving out of any muni bonds for this year given the low total tax rates? Can we do better in something else? We could also realize a small loss which may have some benefit and then move back in next year. I would just keep it. If you move back in a year, then things you c...
by lazylarry
Mon Feb 20, 2017 1:32 am
Forum: Investing - Help with Personal Investments
Topic: Critique our 5 year plan: Twins, finishing training, and a move
Replies: 3
Views: 473

Re: Critique our 5 year plan: Twins, finishing training, and a move

: Yes, probably is about 9-10 months expenses and could probably shrink this That's ok with twins. Desired international allocation: possibly 10% That's low. Should be 20-40% Taxable 5.2% Vanguard Intermediate Term Corporate Bond ETF VCIT (ER 0.07%) -not tax efficient,see my link signature -No debt...
by lazylarry
Mon Feb 20, 2017 1:15 am
Forum: Investing - Help with Personal Investments
Topic: 40yo on track to-semi?-FIRE by 50?
Replies: 6
Views: 1372

Re: 40yo on track to-semi?-FIRE by 50?

-You can probably drop some emergency funds into CDs if desired. I don't think it would be easy for semi-FIRE. I don't have your tickers memorized so could try to help more if you posted. But you are talking about 300k at a semi-conservative 3% (I say semi because you have a longwithdrawal period) ,...
by lazylarry
Mon Feb 20, 2017 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Saving for Retirement (I'm 36)
Replies: 3
Views: 1023

Re: Advice on Saving for Retirement (I'm 36)

Call the managers of your 401k. Should be somewhere on the company website or ask your HR folks. Get a list of the all the funds in the 401k or where to find them online, with their ticker symbol (e.g. VGTSX) and expense ratio (e.g. 0.54%) I think you need to repost as per the link in my signature. ...
by lazylarry
Mon Feb 20, 2017 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Taxable and Non-taxable portfolio question
Replies: 5
Views: 457

Re: Taxable and Non-taxable portfolio question

I assume due to my age, the desired allocation between stocks and bonds would be around 60/40 it's ok in your case, but AA depends on portfolio size and desired withdrawal rate. -How can you have maxed out tax advantaged for 2017? Maybe I'm not aware but usually comes from payroll deduction. -Conti...
by lazylarry
Mon Feb 20, 2017 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Need Help with Choosing Funds, Allocation, etc.
Replies: 5
Views: 482

Re: Need Help with Choosing Funds, Allocation, etc.

1-20-40% 2-taxable mainly. 3-Definitely this in 401k: Vanguard Balanced Index Fund (net expense ratio 0.07) . . Would dump others. Keep bond funds in Roth. 4- EF - Get a real emergency fund. What is recommended for my situation? I'd like to be in as much stocks as possible, at least 90%. -Too high f...
by lazylarry
Sat Feb 18, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Best way to get rid of lot of land?
Replies: 25
Views: 3825

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

So the bad news is that I mailed those folks (2 adjacent lot owners)...nobody got back to me. I gave phone number and email address and mailing address and it's been about a month. I've also emailed homeowner's association with no reply. Looking at the actual value of the property, it is $500 (with ...
by lazylarry
Fri Feb 17, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on what to do with portion of the downpayment. Short but flexible time horizon
Replies: 6
Views: 356

Re: Advice on what to do with portion of the downpayment. Short but flexible time horizon

So all of those would take on some risk. If the market crashed and you sold, you would basically be market timing incorrectly. You may recoop some of that via TLH down the road, but would basically be taking a loss. I'd say go for short term bond funds or CDs . Consider https://www.bogleheads.org/wi...
by lazylarry
Fri Feb 17, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: 39 year old - advice on best priority and allocation?
Replies: 6
Views: 908

Re: 39 year old - advice on best priority and allocation?

If you wanted to invest more, I would recommend Traditional IRA first before adding more than required for full match to that 401k. Don't even think about taxable for retirement until your loans are gone and you're maxing tax-advantaged space (in 2.5 years). I like my Roth IRA but when you want to ...
by lazylarry
Fri Feb 17, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: 39 year old - advice on best priority and allocation?
Replies: 6
Views: 908

Re: 39 year old - advice on best priority and allocation?

Hello! I tried to follow the template for the most part but decided to move my questions to the top (so you know them while reading the info). I am a new investor who recently moved to Vanguard from a Financial Advisor. My #1 focus right now is knocking out student loans (eta 2.5 yrs). In the meant...
by lazylarry
Fri Feb 17, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash set aside for taxes next year?
Replies: 7
Views: 524

Re: What to do with cash set aside for taxes next year?

A one year year CD may be slightly better, probably more reasonable for you. You could also just keep it in the savings account. Short term bonds an option too but obviously higher risk.
by lazylarry
Wed Feb 15, 2017 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Expecting first child portfolio review request
Replies: 4
Views: 509

Re: Expecting first child portfolio review request

1 - Yes. These guys particularly to sell: 4% Kimberly Clark stock (KMB) 3% Ruger stock (RGR) You may incur capital gains taxes so obviously would want to make sure you can pay for this in rebalancing process. Also, activate your cash to put in something. The smaller splits are honestly not that terr...
by lazylarry
Wed Feb 15, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Small
Replies: 9
Views: 681

Re: Investing Small

1- Lump sum investing > Dollar cost averaging. There's only the psychological advantage if that's what matters to you (which is ok). 2 - I'd read the Boglehead guide to investing. Putting $50-100 in a taxable vs roth ira vs 529 is vastly different - sounds like you are not too familiar with these. T...
by lazylarry
Wed Feb 15, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: What is it best to do with cash sitting around in a savings account?
Replies: 13
Views: 1615

Re: What is it best to do with cash sitting around in a savings account?

-+1 muni bonds. Look for ones that have state exemptions on taxes too. These are obviously a bit riskier than CDs or Ibonds. -Also, longer term CDs (you could basically do 7+ years). http://www.bankrate.com/cd.aspx -Might as well maximize Ibonds though at your net worth it probably doesn't matter -G...
by lazylarry
Wed Feb 15, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Forced to roll 401K to IRA. PLEASE HELP!!
Replies: 6
Views: 392

Re: Forced to roll 401K to IRA. PLEASE HELP!!

Welcome! Sorry to hear about the job loss. Well I think you're on this forum for a reason. Would not do dave ramsey method. It's helpful for us also if you use post as described in the "sticky" post at the top of this forum. However, I would read the bogleheads guide to investing initially...
by lazylarry
Wed Feb 15, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Safe Indexes for modest gains
Replies: 11
Views: 1089

Re: Safe Indexes for modest gains

Do you really have half of your entire portfolio in just two companies (disney and home depot)? If so, do you think that's wise? 60% of your entire portfolio in just 3 companies? If that is your entire portfolio you are taking concentrated risk. I'd consider diversifying more before you lose big le...
by lazylarry
Wed Feb 15, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor conversion withing 401K - tax question
Replies: 5
Views: 305

Re: Mega backdoor conversion withing 401K - tax question

If its in 401k to roth 401k then you just pay based on gains via 1099 that you report on regular tax form. No 8606 or other documentation needed as far as I know.
by lazylarry
Tue Feb 14, 2017 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason to keep a SEP IRA after I am done contributing to it?
Replies: 3
Views: 309

Re: Any reason to keep a SEP IRA after I am done contributing to it?

I can't see why there is reason to keep it. The only reason I could think is if you are doing backdoor Roth IRA and the company doesn't allow tIRA rollover into 401k. I have never seen this happen though, just a random situation I thought of. The internet seems to agree with us: http://www.investop...
by lazylarry
Tue Feb 14, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for low-income parents in their 50s
Replies: 1
Views: 323

Re: Portfolio advice for low-income parents in their 50s

Emergency funds : 200K What emergency? I'll take your word at this, but I imagine a lot of this could be in bonds or CDs at the very least to at least outpace inflation. Questions: Hello! I been helping my parents document their finances and in the process realized that they have a significant amou...
by lazylarry
Tue Feb 14, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason to keep a SEP IRA after I am done contributing to it?
Replies: 3
Views: 309

Re: Any reason to keep a SEP IRA after I am done contributing to it?

I can't see why there is reason to keep it. The only reason I could think is if you are doing backdoor Roth IRA and the company doesn't allow tIRA rollover into 401k. I have never seen this happen though, just a random situation I thought of. The internet seems to agree with us: http://www.investope...
by lazylarry
Tue Feb 14, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Righting my Wrongs with Closed End Funds
Replies: 3
Views: 408

Re: Righting my Wrongs with Closed End Funds

No criticisms, sounds like you've got the right plan. Everyone makes mistakes, but only not everyone fixes theirs. You are fixing yours- congrats! Stick to your plan. :)
by lazylarry
Tue Feb 14, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: How to compare returns?
Replies: 5
Views: 415

Re: How to compare returns?

1- I love how they give you performance net of fees (?including expense ratio). Fees probably matter the most here, particularly with compounding over a large period of time. If it doesn't matter now, it will probably matter in 10 years. 2- That's some good data...since 2014. I assuming you're plann...
by lazylarry
Tue Feb 14, 2017 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA: ETF or Index Mutual Fund
Replies: 3
Views: 210

Re: Traditional IRA: ETF or Index Mutual Fund

Neither vanguard MFs or ETFs have commission. ETFs are probably the better answer if you're planning to go international - would just make sure that those ETFs are allowed to be held internationally. Consider limit orders if using those. Also, I believe all Vanguard MFs can be converted into ETFs. h...
by lazylarry
Tue Feb 14, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Helping relative with investments - hoping for a second opinion
Replies: 2
Views: 311

Re: Helping relative with investments - hoping for a second opinion

Emergency funds: six months expenses plus they want to 50k of the 250k in cash/CDs in order to help them max out their IRA/401k for the remaining years I'm unclear by how saving money in cash/CDs helps them max out IRA/401k. Yearly contributions for 401k are pretax, so saving aside money shouldn't ...
by lazylarry
Mon Feb 13, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my starting portfolio & plan
Replies: 5
Views: 613

Re: Please critique my starting portfolio & plan

In terms of ETF vs MFs, I would mostly just stick to mutual funds that can be converted to ETFs and also buy bond fund ETFs given that you will be able to manage these while abroad. https://global.vanguard.com/portal/site/home And also consider using brokerages like TD Ameritrade or Schwab as these ...
by lazylarry
Sun Feb 12, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: kids roth IRA
Replies: 2
Views: 394

Re: kids roth IRA

No, it has to be earned income to qualify for roth contribution. Thus your kids could not contribute. If you want, you can try to pay them. It may be more work/$$ than is worth it though: http://www.watsoncpagroup.com/kb/putting-your-kids-on-the-payroll_171.html http://natalimorris.com/blog/2015/09/...
by lazylarry
Sun Feb 12, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my starting portfolio & plan
Replies: 5
Views: 613

Re: Please critique my starting portfolio & plan

Questions: 1. Does this look like a reasonable diversified portfolio? Any tweaks that could be made (none of this is invested at the moment. Everything can be changed)? Some thoughts: -Wow that is a fantastic interest rate! Fixed, I assume. Yes do not pay more than the minimum, you are doing some g...
by lazylarry
Sun Feb 12, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: series 65 exam degree?
Replies: 3
Views: 368

Re: series 65 exam degree?

Well thank you articpineapplecorp for that advice. To be honest, I don't know if I'd want to give advice to a person with a name like articpineapple :wink: But really, I'm just curious to get the degree to say that "Hey, I'm an investment advisor." Would I be able to say that if I just had...
by lazylarry
Sun Feb 12, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: series 65 exam degree?
Replies: 3
Views: 368

series 65 exam degree?

So just for kicks, I'm thinking about getting some kind of financial "advisor" or accountant type degree. I don't necessarily want to practice for money but would be nice to do it for free as a hobby. I peruse boglehead a bit and am semi-knowledgable about the basic things but not about mo...
by lazylarry
Sat Feb 11, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Pros and Cons of having the same balanced index fund, or other, at 2 different brokerages?
Replies: 11
Views: 570

Re: Pros and Cons of having the same balanced index fund, or other, at 2 different brokerages?

Well livesoft is being pessimistic. A pro is that you have theoretically decreased risk a little sinec there are two brokerages. Also, if you don't have the exact same index fund, you can use those accounts to help TLH if you have two similar but not identical funds.
by lazylarry
Sat Feb 11, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Holding cash while researching investment manager
Replies: 31
Views: 861

Re: Holding cash while researching investment manager

Read this first: https://www.bogleheads.org/wiki/Managing_a_windfall#Take_your_time 1- Yes. Or moving it to a no -penalty with Ally or CapitalOne would be reasonable. Both common,reputable, FDIC insured CDs. Could also split it with multiple savings bank. 2 - Yes I think that'd be fine. Realisticall...
by lazylarry
Sat Feb 11, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding if I bonds are a good investment for me
Replies: 4
Views: 610

Re: Help understanding if I bonds are a good investment for me

So I don't know about your desired AA or what you need the money for (withdrawing ASAP or can hold on to it for a while?). Probably helpful if you post as per the sticky at the top of the forum. But Ibonds aren't unreasonable. They are safe, and will match inflation so likely close to a CD, but who ...
by lazylarry
Sat Feb 11, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Benefit to Start 529 as an adult, for Med School
Replies: 9
Views: 746

Re: Benefit to Start 529 as an adult, for Med School

You could put your savings in a 401k/IRA now and then withdraw funds when you are at a lower tax bracket. This is my strategy for saving for medical school (age 26). By doing this, I'm getting an automatic 10% return in the form of tax savings. Wow that's actually a very nice idea, I've never heard...
by lazylarry
Sat Feb 11, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Need Advice For A Friend
Replies: 6
Views: 493

Re: Need Advice For A Friend

If it's an emergency fund, I'd do a 5 year CD at wherever (ally or capitalone or something like that), the rates are about 2%. And also if she need to break the CD and withdraw, she can, she'd just take a penalty and that be fine. The compounding of 2% would pay off more. I would make sure it's FDIC...
by lazylarry
Sat Feb 11, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: 31yo married, resident physician, soon to be practicing - need help rebalancing
Replies: 10
Views: 1165

Re: 31yo married, resident physician, soon to be practicing - need help rebalancing

I'd have to disagree with the other posters mentioning paying down the loan first. I think that's true if your job is unstable or you don't have enough in case of a significant injury/loss of income. However, as a physician, neither of those are true, particularly in a 2-physician household. You hav...
by lazylarry
Fri Feb 10, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: 31yo married, resident physician, soon to be practicing - need help rebalancing
Replies: 10
Views: 1165

Re: 31yo married, resident physician, soon to be practicing - need help rebalancing

-Betterment has fees, but if you really don't want to do anything with accounts, then it makes sense. I think you can probably handle it given you are on this forum though. Just be aware of risks - young company, things could change, and wash sales could happen given that you have accounts at fideli...
by lazylarry
Tue Feb 07, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Backdoor Roth conversion, do I have this right?
Replies: 2
Views: 305

Re: 1st Backdoor Roth conversion, do I have this right?

Welcome. If you have that much in your tIRAs, then you'll be subject to pro-rata rule. Essentially, you will have to pay taxes on the percentage of money based on old tIRA/(new tIRA+old tIRA). You will have to do 8606. A tIRA is still valuable otherwise because the contributions do grow tax deferred...
by lazylarry
Tue Feb 07, 2017 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Starting out career
Replies: 8
Views: 937

Re: Portfolio Review - Starting out career

1-Yes, bonds are typically better in tax-advantaged accounts. Sometimes ok to keep some bonds in taxable (e.g. muni) given rebalancing, but not likely in your case since your contributions are able to rebalance you for the next few years to come. FYI lump summing is better than DCA by the numbers. 2...
by lazylarry
Tue Feb 07, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: 457, Roth, and plan through employer
Replies: 5
Views: 527

Re: 457, Roth, and plan through employer

Hello Everyone, First off, I would just like to say that this forum has been a HUGE help for me. So thank you to everyone that takes the time to help out. I currently work a government-type position. We are offered a 457 plan and another plan that I will detail below. I have opened a Roth with Vang...
by lazylarry
Tue Feb 07, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: I'm in the 48% tax bracket can someone explain what to do with my HSA?
Replies: 8
Views: 1628

Re: I'm in the 48% tax bracket can someone explain what to do with my HSA?

I'm assuming that you mean that 48% is your marginal tax rate. the highest tax bracket is 39.6. But yes, maxing your HSA is a a clear winner. Pro is you save money. Con is that you won't have as much liquidity with those funds, also higher taxes at retirement likely. Also obviously you should maxing...
by lazylarry
Mon Feb 06, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to 529
Replies: 3
Views: 612

Re: Contributing to 529

Agree with Richard37. If you anticipate college expenses, funding a 529 is a solid conservative plan, particularly if you are in a high tax bracket (at child's college age). Even if you have extra, then you can switch up the beneficiary to gkids. If in a lower tax bracket, then this may be less wort...

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