Search found 751 matches

by ps56k
Sun Dec 17, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy term life insurance?
Replies: 24
Views: 2141

Re: Should we buy term life insurance?

Insurance is for when bad things happen - flat tire - SO... when our son was born, I took out term LI to cover things while he was growing up - And, again, for bad things, what happens in a care crash and the parents are killed - but the kids survive - it is great to have a large portfoiio - but wha...
by ps56k
Sun Dec 17, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Retirement planner limiting my TIRA contribution - why?
Replies: 4
Views: 351

Re: Fidelity Retirement planner limiting my TIRA contribution - why?

I would have to go look at the specifics - but....
1 - IRA contributions come from EARNED income - so you need to have that
2 - the max total for any kind of IRA contribution is $6500 -
3 - the IRA is limited by total income brackets
by ps56k
Sun Dec 17, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: 529 tax loophole? Am I missing something?
Replies: 3
Views: 548

Re: 529 tax loophole? Am I missing something?

nanoanalyzer wrote:
Sun Dec 17, 2017 12:27 pm
.... but you should consider whether this violates the step transaction doctrine.
What is that..... we "gift" $10k to sister - and sister can do whatever she wants with that... buy things, or add to 529 account -
by ps56k
Sun Dec 17, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate taxes in 2017
Replies: 6
Views: 427

Re: Real Estate taxes in 2017

Yeah - that's the way I've been seeing comments about maximizing your 2017 Sched A deductions. I'm in the same coin toss - paid off the mortgage awhile ago, and only have RE taxes and Illinois sales tax to balance against the Standard Deduction. I think we didn't make it last year - would have to lo...
by ps56k
Sun Dec 17, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Does pension income count for Roth contribution?
Replies: 3
Views: 453

Re: Does pension income count for Roth contribution?

Contribution to any IRA is from EARNED income - ala W2 -
Any other income stream doesn't count....
by ps56k
Tue Dec 12, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care insurance - transfer from annuity IRS 1035 exchange
Replies: 4
Views: 330

Long Term Care insurance - transfer from annuity IRS 1035 exchange

Have been reading up on Long Term Care insurance. One area that was mentioned by my insurance agent is the IRS 1035 exchange/transfer from an annuity to pay LTC premiums.. https://www.kiplinger.com/article/insurance/T036-C001-S003-tax-friendly-ways-to-pay-for-long-term-care-insura.html so much to re...
by ps56k
Tue Dec 12, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care insurance - transfer from annuity IRS 1035 exchange
Replies: 4
Views: 330

Long Term Care insurance - [choosing an insurer]

My Northwestern insurance agent is suggesting I look at Long Term Care..... [here are the 3 suggested options] Northwestern QuietCare http://longtermcareinsurancepartner.com/blog/review-of-northwestern-mutual-long-term-care-insurance Nationwide CareMatters http://longtermcareinsurancepartner.com/blo...
by ps56k
Mon Dec 11, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard VBMFX/VBTLX Bond Fund performance
Replies: 18
Views: 2425

Vanguard VBMFX/VBTLX Bond Fund performance

Just reviewing my Vanguard Total Bond Index VBMFX / VBTLX vs the rest of the bond type funds...
Why does it seem that this fund is at the bottom ?

https://personal.vanguard.com/us/funds/ ... true#tab=1
by ps56k
Wed Nov 29, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 96
Views: 7662

Re: Divs and Cap Gains are killing me

However, there are some general steps you can take. A long-term corporate bond fund should be jettisoned. It won't cost you much in capital gains and it's the least tax-efficient of all of your funds. Along those lines, get rid of Wellesley for similar reason. If I get rid of the LT Bond, and the W...
by ps56k
Wed Nov 29, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 96
Views: 7662

Re: Divs and Cap Gains are killing me

Staying on the orig topic and intent.... I only have an IRA for any taxing considerations. I was building my taxable portfolio with growth, income, and a cushion of bonds against any equity downturns. SO - I was adding things with bonds, dividends, and things like Wellesley... though Windsor was my ...
by ps56k
Tue Nov 28, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 96
Views: 7662

Re: Divs and Cap Gains are killing me

Identify higher turnover actively managed funds in taxable accounts that make large distributions. Think about a plan to move those assets to more tax efficient funds in the future. I have done that with several mutual funds in the past and taken advantage of market declines when they present thems...
by ps56k
Mon Nov 27, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 96
Views: 7662

Divs and Cap Gains are killing me

Well - interesting double edge sword - Divs & Cap Gains - now at tax time... This is for my normal investment accounts - not my IRA (yeah, did it backwards) Years ago - I thought the concept of the Div Aristocrats of stocks made sense... buy solid performing company stocks with good div payout. I wa...
by ps56k
Fri Nov 24, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1522

Re: Fidelity Portfolio Advisory service?

interesting following along....

If I have a Traditional IRA at Fidelity - and a couple of different Fidelity funds in that IRA -
What are the implications, record keeping, reporting, etc - of selling one fund to consolidate into fewer Fidelity IRA funds ?
by ps56k
Tue Nov 14, 2017 1:20 am
Forum: Investing - Theory, News & General
Topic: IRA contribution - sub-teacher & possible W2
Replies: 6
Views: 485

Re: IRA contribution - sub-teacher & possible W2

but - just to clarify - we can only contribute the max of whatever is reported as income on the W2 - not double dipping -
by ps56k
Mon Oct 30, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: What’s a safe formula for assets needed to retire?
Replies: 58
Views: 4295

Re: What’s a safe formula for assets needed to retire?

just jumping into the SPIA discussion as our Northwestern Mutual insurance guy had mentioned it, and I have a couple of friends that have done them - but back when the guaranteed rate of return was around 8% SO - back to reading the forums and searching for - SPIA - ---------- from one friend - ----...
by ps56k
Thu Oct 26, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Astellas Pharma ADR - which symbol ALPMY vs ALPMF
Replies: 0
Views: 148

Astellas Pharma ADR - which symbol ALPMY vs ALPMF

Was looking at a pharma company called - Astellas -
It appears to have two OTC stock symbols for the ADR - ALPMY and ALPMF -

What's the difference between these 2 listings ?
by ps56k
Wed Oct 25, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 119
Views: 28414

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]

If the allocations are reasonably close, I'd be all over just combining that via the applicable Global Wellington/wellesley fund and making your life a lot easier. The other thing I forgot about - the logistics - I would have to SELL my existing funds and transfer into the new Global fund. The Cap ...
by ps56k
Wed Oct 25, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 119
Views: 28414

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]

I just happen to stumble across these on my smartphone Vanguard App and reading the "news" section. Here is - the Global Wellington - https://personal.vanguard.com/us/funds/snapshot?FundId=1767&FundIntExt=INT - the Global Wellesley - https://personal.vanguard.com/us/funds/snapshot?FundId=1896&FundIn...
by ps56k
Sat Sep 30, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 27
Views: 2711

Re: Getting father-in-law off of UBS & its 1.5% AUM fee

We have some family members that are part of - Edward Jones - and are very supportive of their agent. It's an emotional connection - like any other service provider.... plumber, roofer, doctor, banker, insurance, etc - If you need someone to perform a service for you, and you feel comfortable with t...
by ps56k
Sat Sep 30, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS
Replies: 32
Views: 2527

Re: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS

just reading the thread - had not come across Vanguard PAS - it appears that PAS is not a complete robo service and actually has a real advisor for an 0.30% fee, and suggests that others charge fees around 1.0% https://investor.vanguard.com/financial-advisor/financial-advisor-fees The Schwab SIP app...
by ps56k
Tue Sep 26, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: grad student - how much to contrib to IRA
Replies: 14
Views: 1133

Re: grad student - how much to contrib to IRA

My theory is that your son and you should pack that Roth IRA with every penny, all $5,500 - because come April 15, 2018, that opportunity is lost forever. It's true he may be saving more than 10% or that 10% of his earned income is a lot to save, but for a valuable Roth IRA - why let that opportuni...
by ps56k
Sat Sep 23, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: grad student - how much to contrib to IRA
Replies: 14
Views: 1133

Re: grad student - how much to contrib to IRA

It was a simple question over in the "theory" sub-forum, and was about how to think about contributing to an IRA when you have earned income, but not a great amount to put into the IRA using the prescribed savings rated of 10% Then the posting got moved over to here - the Personal Investment sub-sec...
by ps56k
Sat Sep 23, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: grad student - how much to contrib to IRA
Replies: 14
Views: 1133

Re: grad student - how much to contrib to IRA

LadyGeek wrote:
Sat Sep 23, 2017 9:00 am
This thread is now in the Investing - Help with Personal Investments forum.
Sorry - I usually try and make it a general theory type of question -
and then it drifts into the details, and becomes a more specific situation.
by ps56k
Fri Sep 22, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: grad student - how much to contrib to IRA
Replies: 14
Views: 1133

grad student - how much to contrib to IRA

Our son is a grad student - and gets a stipend... it's not a bad paycheck... Was wondering, as time goes on, how should he figure out how much to allocate and contribute to his Vanguard Roth IRA ? Yeah, it would involve the income vs expense worksheet - but then.... how much should you force yoursel...
by ps56k
Thu Sep 07, 2017 6:38 pm
Forum: Investing - Theory, News & General
Topic: IRA contribution - sub-teacher & possible W2
Replies: 6
Views: 485

Re: IRA - sub teacher & possible W2

If MFJ you can contribute on her income, so if she makes more than $13K you both might be able to contribute the max. Have never run into the very low "earned income", so never thought about the IRA issue. SO - whatever she has indicated as year end "earned income" is the MAX COMBINED for both of o...
by ps56k
Thu Sep 07, 2017 6:25 pm
Forum: Investing - Theory, News & General
Topic: IRA contribution - sub-teacher & possible W2
Replies: 6
Views: 485

IRA contribution - sub-teacher & possible W2

Wife and I both retired... I did it very early, and wife early a year ago. We stopped contributed to IRA the year after - as no "earned income". SO... wife is bored, and has been doing some sub-teacher work this year within her old school district. The pay slip appears to deduct the usual payroll it...
by ps56k
Tue Aug 29, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Interview in Aug/Sep AARP Magazine
Replies: 2
Views: 1850

Re: Jack Bogle Interview in Aug/Sep AARP Magazine

That is a very weird photo of Jack Bogle -
We thought it was a post-up of a thin body with a huge head - very weird -
by ps56k
Sun Aug 27, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay back loan and split a sale
Replies: 3
Views: 328

Re: How to pay back loan and split a sale

I guess my question was really how to view the $56,000 and the $170,000 One way is to just take the $600,000 - split it 3 ways - and the other person pays us back the $56,000 loan from their $200,000. Another way - is to subtract the $170,000 that our 2/3 paid for the "widget" - yielding $600,000 mi...
by ps56k
Sun Aug 27, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay back loan and split a sale
Replies: 3
Views: 328

How to pay back loan and split a sale

I'll try and make this simple - it never is - Three of us bought a "widget" - paying off an existing note... It cost us a total of $170,000 to acquire it by paying off the existing note. The group is 1/3 by a person, and also the 2/3 for me and wife. We each paid $56,000 into the total amount (3 x $...
by ps56k
Fri Aug 11, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 4966

Re: Where To Put My Emergency Fund?

Interesting browsing... Looking at my Quicken charts.... I have about 6% of my entire portfolio in some form of cash - Now some of that is part of stocks, bonds, funds, etc - but most of it is held in.... Chase & Schwab Checking, Ally Bank ladder CD & MM, Vanguard Prime MM. It is spread around for e...
by ps56k
Fri Aug 11, 2017 5:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Tot Intl funds vs Venezuela
Replies: 19
Views: 2089

Re: Vanguard Tot Intl funds vs Venezuela

tnx all - the geo-political stuff is always going to tug at the market - domestic & intl - SO... added a little more to my fund - VTIAX https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT#tab=0 and the holdings https://personal.vanguard.com/us/FundsAllHoldings?FundId=0569&Fund...
by ps56k
Mon Aug 07, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard Tot Intl funds vs Venezuela
Replies: 19
Views: 2089

Vanguard Tot Intl funds vs Venezuela

Thoughts on how the current unrest in Venezuela (Aug 2017) might impact the Vanguard Total Intl funds -
both directly, and ripple of concern effect ?

I currently hold both - Vanguard Total Intl stock & bond
was going to do my monthly add more to the Intl Stock fund, but then gave pause....
by ps56k
Tue Jul 11, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs Investing vs life changes
Replies: 9
Views: 1198

Re: Mortgage vs Investing vs life changes

It's really sad to see examples of insufficient life insurance. In this case she can't afford the house. Time to either get a higher paying job or move on by selling the house. I'll totally agree with the Life Insurance comment - but since I don't know her income steam.... and she has been doing fi...
by ps56k
Mon Jul 10, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs Investing vs life changes
Replies: 9
Views: 1198

Re: Mortgage vs Investing vs life changes

Here's an estimate: The current mortgage balance $320,000 at 5.% with a payment of $1,994 per month for P&I has 266 months (22.14 years) remaining and will cost $529,741 with $209,741 interest. If she refinances it and rolls in closing costs of typically 1.5% of the balance ($4,800) then for a bala...
by ps56k
Mon Jul 10, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: ETF - open secret - cap gains tax loophole
Replies: 74
Views: 6617

Re: ETF - open secret - cap gains tax loophole

This is not surprising. It's also unique to Vanguard, for now. Read this link: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds#Vanguard_funds yes - read the link you had posted up above... but didn't quite grasp what it was saying - Vanguard ETFs are structured as another share class of a mutu...
by ps56k
Mon Jul 10, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: ETF - open secret - cap gains tax loophole
Replies: 74
Views: 6617

Re: ETF - open secret - cap gains tax loophole

Just took a look at my Vanguard 1099 from last year - mostly ALL of it is reflected in DIVS - with no real Box2a Cap Gains.... so, no big deal compared to their ETF (if they exist) Also - for my Schwab investing brokerage account - stocks and ETFs - there were no Cap Gains reported at all.... as exp...
by ps56k
Mon Jul 10, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: ETF - open secret - cap gains tax loophole
Replies: 74
Views: 6617

Re: ETF - open secret - cap gains tax loophole

This is an irresponsible article in several ways. (1) While ETF may have tax advantages, and may even have been created with these advantages in mind, it is not the case that "individual investors in mutual funds must endure" such disadvantages. As is well-discussed and -documented , Vanguard mutua...
by ps56k
Mon Jul 10, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs Investing vs life changes
Replies: 9
Views: 1198

Re: Mortgage vs Investing vs life changes

just added a few details to the orig posting - and here - to continue thread... They both had good middle class jobs, and no kids.... of course, she still has her job. The house was a major remodel - added a 2nd story to a ranch - so construction loan became the mortgage after completion. Only been ...
by ps56k
Mon Jul 10, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: ETF - open secret - cap gains tax loophole
Replies: 74
Views: 6617

ETF - open secret - cap gains tax loophole

Just saw this article - had not really thought much about the ETF taxing world - http://www.investopedia.com/news/etf-open-secret-theyre-tax-loophole/?partner=YahooSA&yptr=yahoo According to a 2010 report by the Kauffman Foundation, exchange-traded funds (ETFs) were invented to avoid the "confiscato...
by ps56k
Mon Jul 10, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs Investing vs life changes
Replies: 9
Views: 1198

Mortgage vs Investing vs life changes

We have a friend... 50-ish - she has a mortgage on her house, and a few surrounding issues. It is a large amount to her, and her life situation changed a few years ago. Principal - $320,000 Mortgage is 5% with... Prin = $660/mo Int = $1,334/mo Tax = $528/mo Total = $2,522 A few years ago, her husban...
by ps56k
Wed Jun 21, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard invite - transition to a Brokerage Acct
Replies: 33
Views: 3220

Re: Vanguard invite - transition to a Brokerage Acct

flamesabers wrote:There's a link you can use to upgrade your account. This topic has been discussed before.
Sorry - Didn't mean to bring up older topics - as it was a new email campaign to us.... and we've had Vanguard funds for decades.
by ps56k
Wed Jun 21, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard invite - transition to a Brokerage Acct
Replies: 33
Views: 3220

Re: Vanguard invite - transition to a Brokerage Acct

This email was sent to our son - he only has a Vanguard Roth IRA - with just one Vanguard Target Date fund.

I didn't receive the email, and have the usual portfolio mix of Vanguard mutual funds.
by ps56k
Wed Jun 21, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard invite - transition to a Brokerage Acct
Replies: 33
Views: 3220

Vanguard invite - transition to a Brokerage Acct

Just received this email today... ----- Help us improve the way we serve you Dear XXXX In the next week or so, you'll receive an invitation to transition your Vanguard mutual fund account to a Vanguard Brokerage Account. You don't have to do anything now. We simply want to make you aware of what's c...
by ps56k
Mon Jun 12, 2017 4:13 pm
Forum: Investing - Theory, News & General
Topic: Poll: Do Bogleheads own Stocks?
Replies: 77
Views: 8799

Re: Poll: Do Bogleheads own Stocks?

I'm not sure the last couple of questions are getting tallied correctly....
I answered on the % of stock ownership - and it is still showing ZERO - for the 50% and above
by ps56k
Fri Jun 09, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Softbank - SFTBF vs SFTBY
Replies: 1
Views: 1046

Softbank - SFTBF vs SFTBY

I held ARM for a long time, and was disappointed when it was sold to Softbank... that is when I even heard of them. Now, Google is selling their fantastic robotics division to Softbank... so, am a little more interested. I have found TWO different tracking symbols - but can't really tell what's diff...
by ps56k
Thu Jun 08, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Which type of Vangaurd [fund]?
Replies: 16
Views: 1612

Re: Which type of Vangaurd [fund]?

intotheblue wrote:So..I'm set on opening up a Vanguard retirement account. I'm probably going to go with Wellington and one other account.
Just a couple of baseline Q&A -
- what age are you, risk tolerance, etc...
-
by ps56k
Sun Jun 04, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 99
Views: 13108

Re: Bitcoin Purchase

Yowza. Bitcoin down another 12% today to $880. I know, I know, long-term 'investors' in this ponzi scheme are still up. Was just chatting with a neighbor about bitcoin - and have been doing some reading of these threads. When you are mentioned up/down pricing - what symbol and exchange are you view...
by ps56k
Sun May 28, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: biz renter skipped out - what are options
Replies: 10
Views: 2385

biz renter skipped out - what are options

The wife's sibling & family owns a small industrial building. Own it outright, no mortgage - inherited from the parents - passive. We have had various folks in there - from silk screening T-shirts to custom motorcycle builders. Last year - there was an online auto dealer... and another extended fami...