Search found 66 matches

by slimshady
Wed Jan 31, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Selling securities/mutual funds in VG accounts
Replies: 9
Views: 833

Re: Selling securities/mutual funds in VG accounts

Thanks for your responses. This has been my first experience selling in a brokerage account and I was concerned that the sale of a mutual fund in a TIRA would have been treated as a "withdrawal" subject to 10% penalty.

Rich
by slimshady
Tue Jan 30, 2018 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Selling securities/mutual funds in VG accounts
Replies: 9
Views: 833

Selling securities/mutual funds in VG accounts

Good morning... When either a security or mutual fund (Vanguard/non Vanguard) is sold in a VG brokerage account, are the funds automatically swept into the Federal MM settlement fund?? Does the same apply to a VG TIRA?? If a non-vanguard mutual fund is sold, are those funds sent to the settlement fu...
by slimshady
Thu Jan 25, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: First experience with Financial Advisor
Replies: 18
Views: 2092

Re: First experience with Financial Advisor

Hi OP. A family member is in the process of moving his portfolio from Edward Jones to Vanguard. He spoke with his "full service adviser" some time ago and inquired as to fees, commissions, charges, etc. The adviser never gave him straight answers and skirted the questions. I can only imagine the amo...
by slimshady
Sat Jan 20, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead Newbie pulled the trigger....
Replies: 17
Views: 4035

Re: Boglehead Newbie pulled the trigger....

My cousin is in process of moving all his assets to VG.... similar balance as to yours. Looking forward to saving thousands of dollars on fees, commissions and sales charges.
by slimshady
Sat Jan 20, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 7936

Re: Lost money through Bitconnect scam - learned my lesson

Thanks for sharing. I need to now share this with several close friends who have suggested I "invest" with them.
by slimshady
Sat Jan 20, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Seeking help for cousins Vanguard accounts
Replies: 3
Views: 481

Re: Seeking help for cousins Vanguard accounts

Good morning everyone. Bumping my original post. Does anyone have suggestions? Is my idea of mirroring asset allocation across the TIRA and BIRA and funding the brokerage account with Total Stock Market and Total Internl Stock Market appropriate?? (Trying to help keep rebalancing measures as simple ...
by slimshady
Sat Jan 13, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking help for cousins Vanguard accounts
Replies: 3
Views: 481

Re: Seeking help for cousins Vanguard accounts

Thanks for the links Watty. I think mirroring across the IRAs and funding the brokerage account with the domestic/international index funds would work best. I believe that rebalancing efforts would become an issue with the Target Date/Lifestrategy Funds when the market drops. The handful of individu...
by slimshady
Fri Jan 12, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking help for cousins Vanguard accounts
Replies: 3
Views: 481

Seeking help for cousins Vanguard accounts

Hello everyone. My cousin is in the process of transferring 4 TIRAs, a profit sharing plan, a brokerage account and a beneficiary IRA to VG. (After 4 years, he decided to finally make the move based on discussions around the dinner table). The total value of the assets is approximately $ 550K. When ...
by slimshady
Sat Jan 06, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Profit Sharing Plans/ Inherited IRA direct rollovers
Replies: 1
Views: 136

Re: Profit Sharing Plans/ Inherited IRA direct rollovers

Just did some research... an inherited IRA must be transferred trustee to trustee. It can't be merged into a traditional IRA. The original account owner must not have placed restrictions on the ability of a beneficiary to transfer to a different custodian. Seems as though a profit sharing plan can b...
by slimshady
Sat Jan 06, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Profit Sharing Plans/ Inherited IRA direct rollovers
Replies: 1
Views: 136

Profit Sharing Plans/ Inherited IRA direct rollovers

Good afternoon. Unfortunately, VG customer service is closed today and I have therefore decided to reach out to the community. Does anyone know if VG will do a direct rollover of a former employers profit sharing plan to a traditional IRA ?? Fidelity is currently the custodian....possibly a trustee ...
by slimshady
Mon Oct 23, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at Age 50?
Replies: 17
Views: 1906

Re: Bonds at Age 50?

I turn 50 in 2018. My AA is 65/35 with 30% in International equity. I use 5% rebalancing bands and due to the run up in the market, I am close to a rebalance. I will be eligible for a NYS pension in 6-8 years. It could be argued that my AA could be more or less aggressive due to the pension. I am co...
by slimshady
Mon Oct 23, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Estate Maximizer
Replies: 4
Views: 517

Re: Estate Maximizer

I appreciate the responses. I will copy and paste to her email address.

Rich
by slimshady
Mon Oct 23, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Estate Maximizer
Replies: 4
Views: 517

Estate Maximizer

Hello everyone. Today, I am posting on behalf of my mother. About her- 79 years young, her NYC pension (30K) and SS cover all her needs. She is risk averse and keeps her money (150K) sitting in a local bank. During a recent bank visit, a rep mentioned that her money was basically stagnant and there ...
by slimshady
Fri Oct 06, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 114
Views: 16261

Re: Changes to NYS Deferred Compensation Plan

Hey guys. I have been participating in this plan for 22 years. I follow a 3 fund portfolio using both NYSDCB Equity / Bond funds and an International Index Fund. (The Plan represents approximately 35-40% of my portfolio). I used to love my VG S&P/Total Bond funds and was disappointed when they were ...
by slimshady
Sun May 28, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Help Across His/Hers Accounts
Replies: 4
Views: 653

Re: Allocation Help Across His/Hers Accounts

Bumping this for you RThomas. Hope others offer advice.
by slimshady
Mon Jan 23, 2017 4:26 pm
Forum: Personal Consumer Issues
Topic: Learning Piano as an Adult
Replies: 13
Views: 1872

Re: Learning Piano as an Adult

I own a Yamaha Clavinova- digital piano. Love it. I am an apartment dweller so volume control/headphone option is very important. Also, can easily be moved to a different room (if need be) or moving truck if you decided to relocate. I paid close to $2300 including taxes and moving fees. As others ha...
by slimshady
Sat Aug 13, 2016 9:28 pm
Forum: Investing - Theory, News & General
Topic: Suggestions to the New York Deferred Compensation Plan (457b)
Replies: 4
Views: 1345

Re: Suggestions to the New York Deferred Compensation Plan (457b)

I have been contributing to the NYS 457b plan for 21 years. I discovered the Boglehead forum four or so years ago. 3 years ago, I too reached out to the "board", e-mailed a request to have them consider replacing the VG Institutional Index with the VG TSM fund as well as adding the VG International ...
by slimshady
Tue Jun 14, 2016 3:18 pm
Forum: Personal Consumer Issues
Topic: Reasonably Priced Red Wines
Replies: 47
Views: 4111

Re: Reasonably Priced Red Wines

Papi. Very smooth Chilean wine. About $8 per bottle.
by slimshady
Mon Jun 13, 2016 6:59 am
Forum: Personal Consumer Issues
Topic: Virtual Reality
Replies: 15
Views: 1725

Re: Virtual Reality

Hi Impromptu I have " immersed" myself in both systems. Truly incredible. To think this is the infancy stage and what will become of Virtual Reality as time goes on. Projections have VR being a $20 billion industry by 2021. My first experience was the Oculus Rift developers kit several months ago. I...
by slimshady
Sat Jun 04, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: To take a pension distribution or not????
Replies: 11
Views: 1415

Re: To take a pension distribution or not????

Guys, thank you for taking the time to respond to my post. Upon receiving notice of the offer, my original suggestion was to take the lump sum and roll it to her Fidelity IRA. However she felt that the $28K was not that significant enough, and prefered having a guaranteed fixed amount in retirement....
by slimshady
Sun May 29, 2016 6:33 am
Forum: Investing - Help with Personal Investments
Topic: To take a pension distribution or not????
Replies: 11
Views: 1415

To take a pension distribution or not????

Hello everyone. I posted a while back when my significant other (S/O) was considering leaving her FA and investing the Boglehead way. Needless to say, it did not work according to plan and she decided to stay with her Raymond James adviser. Today's post pertains to an offer that her former company V...
by slimshady
Sat Oct 10, 2015 9:47 pm
Forum: Personal Consumer Issues
Topic: Car Accident. Repair or buy a newer car??
Replies: 18
Views: 1984

Re: Car Accident. Repair or buy a newer car??

Thx bad78. Tried to post the other day using a different method but was unsuccessful. May give this a try.
by slimshady
Tue Oct 06, 2015 8:34 pm
Forum: Personal Consumer Issues
Topic: Car Accident. Repair or buy a newer car??
Replies: 18
Views: 1984

Re: Car Accident. Repair or buy a newer car??

vkfu- thanks for the link. We live in the suburbs, NY, no more than a 20 minute drive to the Bronx. There are junkyards, chop shops and just about anything else you can think of in certain areas down there. It is a thriving business!! @piper- I like the idea of donating esp in light of the dealers $...
by slimshady
Tue Oct 06, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: Car Accident. Repair or buy a newer car??
Replies: 18
Views: 1984

Re: Car Accident. Repair or buy a newer car??

Thanks for the continued responses. @southbay. I would like to post the picture but it seems I may have to contact the board administrator to assist. @bottlecap. These belts can be so inexpensive but the installation is so labor intensive. However, without the necessary repair one would possibly nee...
by slimshady
Mon Oct 05, 2015 6:47 pm
Forum: Personal Consumer Issues
Topic: Car Accident. Repair or buy a newer car??
Replies: 18
Views: 1984

Re: Car Accident. Repair or buy a newer car??

Thank you for your responses. @unknowntech. She is not looking into the Mitsubishi brand but rather Miata and Mini Cooper. They both offer convertibles in the mid 20K range. A local body shop is offering to do the work. We are now looking into Cars.com. @southbay. I do have a photo of the damage whi...
by slimshady
Mon Oct 05, 2015 5:40 pm
Forum: Personal Consumer Issues
Topic: Car Accident. Repair or buy a newer car??
Replies: 18
Views: 1984

Car Accident. Repair or buy a newer car??

Hello everyone. I have received the communities financial advice in the past and now come to you in need of recommendations regarding the following. My girlfriend was involved in an auto accident the other day. Her vehicle is a 2003 Mitsubishi Eclipse Spyder (2 door convertible) with approximately 7...
by slimshady
Sat Jan 17, 2015 7:56 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 143817

Re: Boglehead Beer

Dogfish Head 120 IPA
by slimshady
Tue Oct 07, 2014 7:15 am
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 3185

Re: GF leaving advisor, help needed

Placeholder, thanks for the suggestion. I will have her read your post. However, I believe that she would be more comfortable with VG considering that my investments are with them.
by slimshady
Mon Oct 06, 2014 7:24 am
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 3185

Re: GF leaving advisor, help needed

Thanks for the reassurance Abyan. Hopefully everything goes smoothly.
by slimshady
Sun Oct 05, 2014 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 3185

Re: GF leaving advisor, help needed

Thank you Paul. This is much more involved than I originally thought. I believe that this decision will serve her well. She will be in a position to self manage her three fund portfolio and will be able to invest those additional monies that were being spent on fees and commissions. BTW, she is now ...
by slimshady
Sun Oct 05, 2014 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 3185

Re: GF leaving advisor, help needed

Abyan, thanks for responding. With regards to the transfer, the new account will be on the brokerage side. She will sell the stocks and then purchase Total Stock, Total International and Total Bond. PKcrafter mentioned that she will have to open a new account on the mutual fund side as well. We will...
by slimshady
Sat Oct 04, 2014 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 3185

Re: GF leaving advisor, help needed

Thank you for the replies I have never owned an individual stock/ brokerage account so this is all new to me. The 401K rollovers seem easy enough. We now realize that they can't be merged because the Wells Fargo is an inherited account. Can these rollovers also be used to open a Roth IRA?? Would tha...
by slimshady
Sat Oct 04, 2014 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 3185

GF leaving advisor, help needed

Good afternoon everyone. A few weeks ago I posted that my GF was considering leaving her full service advisor. To my delight, she told me this morning that she is prepared to leave. (Unbeknownst to me, there had been a few communications between gf and advisor over the past week. She asked about fee...
by slimshady
Mon Sep 29, 2014 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor switching companies, self management a possibility
Replies: 14
Views: 1425

Re: Advisor switching companies, self management a possibili

PizzaSteve- If there are issues with Vanguard transferring " in kind", I will definitely have her look into other brokerages. Hopefully, there won't be any issues. From what I can recall her current advisor has her invested within 15-20 companies, mostly utilities I believe. Once she gives me the gr...
by slimshady
Mon Sep 29, 2014 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor switching companies, self management a possibility
Replies: 14
Views: 1425

Re: Advisor switching companies, self management a possibili

BL- thank you for your advice and the 16 page read. She has read it twice thus far. I believe that she may actually make the move to Vanguard!!

I will need further assistance at some point. Thx.
by slimshady
Mon Sep 22, 2014 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor switching companies, self management a possibility
Replies: 14
Views: 1425

Re: Advisor switching companies, self management a possibili

Thank you for all of your responses. Livesoft- Yes there is definitely a sentimental attachment. However I totally agree that she should consider a DIY method with Vanguard. Ruralavalon- Thank you for the link. She is researching the company and has appeared to have taken a small interest in the BH ...
by slimshady
Sun Sep 21, 2014 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Advisor switching companies, self management a possibility
Replies: 14
Views: 1425

Advisor switching companies, self management a possibility

Good morning everyone. I joined this forum two years ago and have followed the advice that I was offered at the time. Since then, I have constructed a solid investment portfolio according to BH principals and continue to learn as I peruse the threads on a daily basis. Today, I post on behalf of my g...
by slimshady
Thu Jul 17, 2014 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 141
Views: 20937

Re: Easy careers to last me to retirement?

Hi Gambler. Some thoughts that come to my mind-- Work for a gym. Sit behind a front desk and assist members/process new memberships. Most likely you will have free access to work out and get in shape on your down time. Salary may be an issue though. Cruise ship. You are single with no kids. That spe...
by slimshady
Sat Nov 09, 2013 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Appropriate Muni for mom
Replies: 4
Views: 772

Re: Appropriate Muni for mom

Thx Grt. Going to help her open a TD account later today.
by slimshady
Tue Nov 05, 2013 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate Muni for mom
Replies: 4
Views: 772

Re: Appropriate Muni for mom

Calm Man - thank you for your response. I relayed your comments to her. We both agree that the investment would be too small, the interest too low to be worthwhile. I suppose I bonds would be the only worthwhile investment at this point. $10K for 2012 and $10K once January rolls around. It will be h...
by slimshady
Tue Nov 05, 2013 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate Muni for mom
Replies: 4
Views: 772

Appropriate Muni for mom

Good afternoon everyone. Need advice, hope you can help. A few days ago, my mother and I visited an elder law attorney (personal friend) to amend a will, update health care proxy/living will, etc. Upon realizing there was $130K parked in a bank account earning paltry interest, the attorney suggested...
by slimshady
Sun Jul 14, 2013 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging Total Internl for FTSE Total World ex US index
Replies: 8
Views: 746

Re: Exchanging Total Internl for FTSE Total World ex US inde

Livesoft and Grabiner- thanks for responding. I did not realize my current fund was more diversified. I did check the profiles of both funds on the VG website prior to posting and believed that the added diversification in the FTSE fund was due to the inclusion of Canada. I thought this country was ...
by slimshady
Sun Jul 14, 2013 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging Total Internl for FTSE Total World ex US index
Replies: 8
Views: 746

Re: Exchanging Total Internl for FTSE Total World ex US inde

Newb- The main reason for the exchange would be for the added diversification.
by slimshady
Sun Jul 14, 2013 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging Total Internl for FTSE Total World ex US index
Replies: 8
Views: 746

Exchanging Total Internl for FTSE Total World ex US index

Hello everyone. I have recently been giving thought to exchanging my VG Total International Index to VG FTSE All World ex US Index Fund. The All World Fund is more diversified and carries a slightly lower e/r of .15 as opposed to .16 in the VG Internatl Index. My current fund is located within my ta...
by slimshady
Tue Feb 26, 2013 8:34 pm
Forum: Personal Consumer Issues
Topic: Car servicing at dealership or local mechanic??
Replies: 39
Views: 3007

Car servicing at dealership or local mechanic??

What are people's thoughts on maintaining your vehicles? Any rules of thumb with regards to servicing vehicles under warranty as opposed to not under warranty? I have been told numerous times never to have your car serviced by a dealer, they will charge you twice what a local mechanic would charge. ...
by slimshady
Tue Feb 26, 2013 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Small Caps really necessary??
Replies: 26
Views: 3166

Re: Small Caps really necessary??

Thank you everyone for taking the time and advising me. As I indicated, the thought did cross my mind in eliminating the small cap fund due to the small amount in the fund as well as the fact that I invest monies into the VG TSM fund. After reading the suggestions and viewing the graphs/charts I hav...
by slimshady
Sat Feb 23, 2013 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Small Caps really necessary??
Replies: 26
Views: 3166

Small Caps really necessary??

Good morning everyone. Current portfolio is 300K. Lineup includes: ( Full NYS pension in 12 years) 457b Plan (66%). VG Institutional Index (18%) VG Small Cap Index (5%) International Index (8%) VG Total Bond Index (35%) Roth IRA (3%) VG Total Stock Market Admiral Taxable (31%) VG Total Stock Market ...
by slimshady
Mon Feb 18, 2013 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice for 457b
Replies: 19
Views: 2358

Re: Portfolio Advice for 457b

Hi Sigh-- I recently contacted the board members of the NYSDCP with regards to having the Plan consider adding VG Total Stock Market Index as well as the VG Total International Index to their list of available funds participants could choose from. The TSM could essentially replace the Institutional,...
by slimshady
Sat Feb 09, 2013 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: New investor with NY State; needs advice
Replies: 17
Views: 1779

Re: New investor with NY State; needs advice

Hello I will shortly be entering my 18th year of service with NYS and have been contributing to the Deferred Compensation plan since. Started with 3% in 1996 and am currently at 25% for past 6 years. I use a 4 fund indexed approach and rebalance twice per year. Aside from the knowledgeable advice re...
by slimshady
Sat Dec 01, 2012 9:22 am
Forum: Investing - Help with Personal Investments
Topic: I Bonds or UTMAs??
Replies: 11
Views: 1416

Re: I Bonds or UTMAs??

sscritic- No, the question did not change. I have decided to open a TD account and create the minor linked account. My sister and husband are both on board. Thanks for your help.

Rich