Search found 51 matches

by sofla_diyer
Wed Jun 07, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Home purchase budget advice
Replies: 20
Views: 2504

Re: Home purchase budget advice

Sorry, that was definitely unclear. The $5100 + 1950 = $7,050. The $450 difference from the $6600 take-home pay comes from bonuses/additional income I make. The $5100 non-housing is a high estimate, partially to account for unforeseen expenses. The average I gave included expenses like hospital bill...
by sofla_diyer
Wed Jun 07, 2017 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Home purchase budget advice
Replies: 20
Views: 2504

Re: Home purchase budget advice

Thanks for all the comments! We're paying $1950/mo for rent currently. Our income is supplemented by about $16K of bonuses, some stock grants through my husband's employer, and I earn a small income of $8K annually. The $300K cash savings include the money from the sale of our previous home ($90K), ...
by sofla_diyer
Tue Jun 06, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase budget advice
Replies: 20
Views: 2504

Home purchase budget advice

Hi all, My husband and I are planning on purchasing a home, but we're having trouble trying to figure out the best budget and plan for our situation. Here's an overview of our finances for context: Age: Me (34), husband (35) Kids: 3 (5, 3, 1) Income: $130K/yr (not including bonuses) Tax Bracket: 25%...
by sofla_diyer
Sun May 21, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about mortgage for first time buyer
Replies: 9
Views: 1561

Re: Need advice about mortgage for first time buyer

Thanks for your reply! We're 34/35 with 3 kids (5, 2, <1). We have about $450K in 401K with about $50K in Roth accounts. We have about $75K in taxable accounts and stock on the side through employee stock purchase plan that my husband also contributes to. We'd like this to be a long-term house, but ...
by sofla_diyer
Sun May 21, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about mortgage for first time buyer
Replies: 9
Views: 1561

Need advice about mortgage for first time buyer

My husband and I are trying to figure out our best option for a home mortgage. We are looking to buy a $450K home and have $300K in savings. We're unsure about whether to go with a traditional 30yr mortgage with 20% down, and investing the remainder in taxable accounts, or possibly putting ~40% down...
by sofla_diyer
Fri Nov 04, 2016 2:31 pm
Forum: Personal Investments
Topic: Buying stocks over time, or all at once?
Replies: 7
Views: 1316

Re: Buying stocks over time, or all at once?

Thanks for your comments!

I read through the links provided and that served as a great refresher as it's been a year since I read the Bogleheads guide.

I agree it's probably better just to get invested all at once and just change the subject if my FIL asks next time he visits. :sharebeer
by sofla_diyer
Fri Nov 04, 2016 9:52 am
Forum: Personal Investments
Topic: Buying stocks over time, or all at once?
Replies: 7
Views: 1316

Buying stocks over time, or all at once?

Hi all, My husband and I have sold a house and some stock over the last year and put the proceeds into a high-yield savings account for the time being. It's time to rebalance our portfolio and we want to invest the cash that's been parked in savings. We know how we want to invest the money, but I'm ...
by sofla_diyer
Fri Nov 04, 2016 8:38 am
Forum: Personal Investments
Topic: Choosing between bond funds
Replies: 17
Views: 4474

Re: Choosing between bond funds

Thank you so much for the detailed response! I really appreciate you taking the time to help. As far as my preference for stability, credit worthiness, etc., I have to admit I don't know enough to have much of an opinion. The vast majority of my retirement savings are held in my 401K, and at the mom...
by sofla_diyer
Thu Nov 03, 2016 10:31 am
Forum: Personal Investments
Topic: Choosing between bond funds
Replies: 17
Views: 4474

Choosing between bond funds

Hi all, I'm trying to choose between 4 bond funds available in my 401K plan: American Century Inflation Adjusted Bond Fund Institutional Class (AIANX) .27% Baird Short-Term Bond Fund Institutional Class (BSBIX) .3% Fidelity® Strategic Income Fund (FSICX) .71% JPMorgan Core Bond Fund Select Class (WO...
by sofla_diyer
Wed Nov 02, 2016 1:16 pm
Forum: Investing - Theory, News & General
Topic: Index funds underperforming benchmark?
Replies: 9
Views: 1932

Re: Index funds underperforming benchmark?

Thanks for all the comments! I went back and tried to figure out what was going on since it was clear my numbers were off, and it turned out that I was looking at the average annual total returns instead of the cumulative total returns. After finding the right numbers, the fund returns do match thei...
by sofla_diyer
Tue Nov 01, 2016 1:55 pm
Forum: Investing - Theory, News & General
Topic: Index funds underperforming benchmark?
Replies: 9
Views: 1932

Index funds underperforming benchmark?

Hi all, I'm due to rebalance my portfolio for the first time since implementing a Bogleheads approach a year ago. As I'm looking over my investments I'm confused by the performance of some index funds compared to their benchmarks and I'm not sure if I'm understanding them correctly. A few examples o...
by sofla_diyer
Fri Jun 03, 2016 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony HYS sanity check
Replies: 4
Views: 726

Re: Synchrony HYS sanity check

LOL, OK I get it now! Thank you!
by sofla_diyer
Fri Jun 03, 2016 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony HYS sanity check
Replies: 4
Views: 726

Synchrony HYS sanity check

Hi all, I'm hoping someone can give me a sanity check about a question I've been going back and forth with Synchrony about. I opened a Synchrony high-yield savings account back in February with an interest rate of 1.04% and an APY of 1.05%. I've been making monthly contributions to the account but f...
by sofla_diyer
Sun Mar 20, 2016 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Tax question--using adjusted cost basis on supplemental info sheet
Replies: 9
Views: 1852

Re: Tax question--using adjusted cost basis on supplemental info sheet

Thanks for your comments! I hadn't heard of Fairmark but I'll try posting there.
by sofla_diyer
Sat Mar 19, 2016 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question--using adjusted cost basis on supplemental info sheet
Replies: 9
Views: 1852

Tax question--using adjusted cost basis on supplemental info sheet

Hi all, I met with my accountant last week to do my taxes, but after speaking to a few coworkers my husband is wondering if we made a mistake and need to adjust before we mail the forms to the IRS. We sold stock last year (combo of ESPP, options, and RSUs). On form 8949 (Sales and Other Dispositions...
by sofla_diyer
Wed Jan 06, 2016 2:26 pm
Forum: Personal Investments
Topic: ETF only low initial investment bond option?
Replies: 4
Views: 598

Re: ETF only low initial investment bond option?

Thanks to you both! I didn't even think about a target retirement fund but that does sound like the simplest option for that account for the time being, and simple is what I'm after.

Good plan, thank you!
by sofla_diyer
Wed Jan 06, 2016 1:50 pm
Forum: Personal Investments
Topic: ETF only low initial investment bond option?
Replies: 4
Views: 598

ETF only low initial investment bond option?

Hi all, My husband just opened a ROTH IRA for the first time and I have a question about the best bond fund option for his account. I had planned on using the Vanguard Total Bond Index Fund (VBMFX) but I saw that there's a minimum investment of $3000. Although he maxed out his contributions for 2015...
by sofla_diyer
Mon Dec 28, 2015 6:40 pm
Forum: Personal Investments
Topic: To dump a loser stock or not?
Replies: 20
Views: 2257

Re: To dump a loser stock or not?

Thank you all for taking the time to comment! The advice is great, and I will have my husband read through it all so he can see for himself.

I really appreciate the help I get from this community. Happy New Year to all of you!
by sofla_diyer
Mon Dec 28, 2015 1:44 pm
Forum: Personal Investments
Topic: To dump a loser stock or not?
Replies: 20
Views: 2257

To dump a loser stock or not?

Hi all, I'm trying to figure out what to do with a bad investment. When I was with Ameriprise many years ago I got into the Franklin Gold & Precious Metals Fund (FKRCX). I now have a $27K loss on that fund and the shares I have left are worth about $10K. My husband and I have been discussing wha...
by sofla_diyer
Thu Oct 29, 2015 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Home Affordability Sanity Check
Replies: 14
Views: 2444

Re: Home Affordability Sanity Check

Thanks for all the replies! I wasn't clear in my original post (I'll go back and edit it), but we have $250K available for a down payment, but we haven't decided if we should pay more than the 20% or not. Part of that amount is what we are planning to use for 529 lump sum payments, but we are waitin...
by sofla_diyer
Thu Oct 29, 2015 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home Affordability Sanity Check
Replies: 14
Views: 2444

Re: Home Affordability Sanity Check

The property taxes for most houses we've been looking at range from about $5500-7500, some even higher for nicer lots. The average property insurance for my county is $3367/yr. and HOA fees range from $80-300/mo depending on the neighborhood. It's nuts down here! So the breakdown would look somethin...
by sofla_diyer
Thu Oct 29, 2015 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Home Affordability Sanity Check
Replies: 14
Views: 2444

Home Affordability Sanity Check

Hi all, My husband and I are looking to move to a new home and I was hoping to get a sanity check on my math to make sure we're on the right track. As a little background, we live in South Florida, which is very pricey again and has seen housing prices bounce back tremendously. We were hoping to fin...
by sofla_diyer
Sun Oct 18, 2015 10:06 am
Forum: Personal Investments
Topic: Lump Sum and Done for 529 best option?
Replies: 14
Views: 2386

Re: Lump Sum and Done for 529 best option?

In addition, my understanding is that the 10% penalty on earnings is waived if you get scholarships (not the tax on earnings of course). The benefit of 529 vs taxable depends on your tax rate and your returns, which are unknown. However, you could potentially end up with an extra 1-2% annually whic...
by sofla_diyer
Sat Oct 17, 2015 12:06 pm
Forum: Personal Investments
Topic: Lump Sum and Done for 529 best option?
Replies: 14
Views: 2386

Re: Lump Sum and Done for 529 best option?

Thanks for the reply! That's what we're leaning towards. Assuming there will be scholarships to some extent, we could cash flow room/board, or dip into the taxable account if we need to.
by sofla_diyer
Sat Oct 17, 2015 10:12 am
Forum: Personal Investments
Topic: Lump Sum and Done for 529 best option?
Replies: 14
Views: 2386

Lump Sum and Done for 529 best option?

My husband and I are putting together a plan for our investments and are tackling the college savings portion next. I've read through many posts on the subject here but wanted to get advice for our situation in particular. My kids are 3 and 1, and we've got another one on the way. Between investment...
by sofla_diyer
Fri Oct 16, 2015 9:09 am
Forum: Personal Investments
Topic: Best Funds for Beginner in ROTH & Taxable
Replies: 5
Views: 789

Re: Best Funds for Beginner in ROTH & Taxable

Great advice, and thank you. We've decided to go with the simplest approach possible! We can always change that later as we continue to educate ourselves.
by sofla_diyer
Thu Oct 15, 2015 7:29 pm
Forum: Personal Investments
Topic: Best Funds for Beginner in ROTH & Taxable
Replies: 5
Views: 789

Re: Best Funds for Beginner in ROTH & Taxable

Thanks so much for the reply mhalley. I'm pretty sure I'll end up with the 3-fund approach. I can't imagine I'll ever know enough to regret it later, I'll just be happy to have done that much!
by sofla_diyer
Thu Oct 15, 2015 3:29 pm
Forum: Personal Investments
Topic: Best Funds for Beginner in ROTH & Taxable
Replies: 5
Views: 789

Best Funds for Beginner in ROTH & Taxable

I'm a beginner and am working on an updated investment plan. I've figured out the 401K portion of the plan, but when thinking about how to allocate my assets in my ROTH IRA, my husband's ROTH, and our taxable account, I'm a bit confused. I like the idea of simplicity and have been planning to go wit...
by sofla_diyer
Thu Oct 15, 2015 8:53 am
Forum: Personal Investments
Topic: Portfolio Advice - 34yo w/ kids
Replies: 8
Views: 1592

Re: Portfolio Advice - 34yo w/ kids

Thanks for the follow-up Lafder! Sorry for the delay in responding, we've had one of those weeks with everyone in the house passing around illness. One thing I'm a little unclear about is when you mentioned it's easier to have stocks/bonds in the same account for rebalancing. Should I aim to have my...
by sofla_diyer
Sun Oct 11, 2015 9:29 am
Forum: Personal Investments
Topic: Portfolio Advice - 34yo w/ kids
Replies: 8
Views: 1592

Re: Portfolio Advice - 34yo w/ kids

Thanks so much for those detailed answers! It confirms some of my hunches, so it feels good to be on the right track. I'm going through the responses and putting an actionable plan in place right now. The consensus was the 401K options for bonds wasn't anything special, and that we should use our RO...
by sofla_diyer
Sat Oct 10, 2015 2:48 pm
Forum: Personal Investments
Topic: Portfolio Advice - 34yo w/ kids
Replies: 8
Views: 1592

Re: Portfolio Advice - 34yo w/ kids

Twins Fan, thank you! You're absolutely right, I'm planning on moving my ROTH to Vanguard just as soon as we finalize our plans. As for the new funds, I definitely want to go with the Spartan 500 index as well as the Spartan Int'l index funds. I wasn't sure which to pick from the bond group though. ...
by sofla_diyer
Sat Oct 10, 2015 8:58 am
Forum: Personal Investments
Topic: Portfolio Advice - 34yo w/ kids
Replies: 8
Views: 1592

Portfolio Advice - 34yo w/ kids

Hi all, I've already received some great advice on this forum and am hoping a few of you would be able to give me some advice on how best to straighten out my family's investments. I'm brand new to learning about personal finance and have read Bogleheads Guide to Investing and spent the past few wee...
by sofla_diyer
Tue Oct 06, 2015 1:27 pm
Forum: Personal Investments
Topic: Newbie question about changing funds
Replies: 16
Views: 1600

Re: Newbie question about changing funds

You guys are awesome! Just spoke to Vanguard and there's no charge to sell the funds I have, so I'll transfer those over, sell them, and get into what I need to be in. As for the ROTH IRA the only thing to do is liquidate and transfer the money over and back into a new ROTH IRA fund. Ameriprise char...
by sofla_diyer
Tue Oct 06, 2015 11:01 am
Forum: Personal Investments
Topic: Newbie question about changing funds
Replies: 16
Views: 1600

Re: Newbie question about changing funds

Thanks so much everyone, I'm understanding much better what I need to do to transfer my accounts. As for the portfolio, I invested with Ameriprise before I met my husband so it was set up for only my own interests. My advisor pushed the gold and precious metals fund but at the time it was doing much...
by sofla_diyer
Tue Oct 06, 2015 8:22 am
Forum: Personal Investments
Topic: Newbie question about changing funds
Replies: 16
Views: 1600

Re: Newbie question about changing funds

So after checking into the gains of my $16K taxable account I don't have to worry about taxes since apparently if I sold now I would have a loss of $27K. :shock: Did I mention my Ameriprise advisor had me invested about 2/3 into gold and precious metals??? Is it the right thing to dump that fund now...
by sofla_diyer
Mon Oct 05, 2015 1:43 pm
Forum: Personal Investments
Topic: Newbie question about changing funds
Replies: 16
Views: 1600

Re: Newbie question about changing funds

Thanks for the reply! I do have about $15K in a taxable account. Is there anything to be done besides just sell what I have and pay taxes on the gains, and then reinvest in another fund? Also, I checked and Vanguard carries some of the funds, but not the one that is in my ROTH IRA. Should I change t...
by sofla_diyer
Mon Oct 05, 2015 8:50 am
Forum: Personal Investments
Topic: Newbie question about changing funds
Replies: 16
Views: 1600

Newbie question about changing funds

Sorry if this is a really stupid question, I'm brand new to managing my family's investments and I didn't find an answer by researching. I am currently invested in funds through Ameriprise, including a brokerage account, ROTH IRA, and a couple of insurance policies. I'm looking at how best to move m...
by sofla_diyer
Thu Oct 01, 2015 9:58 am
Forum: Personal Investments
Topic: Employee stock purchase plan help
Replies: 7
Views: 842

Re: Employee stock purchase plan help

Wouldn't selling it immediately incur a short term gain? Also, what is the best thing to do with the stock we already have? If we exercise it all it'll push us into a higher tax bracket and we'll get a huge tax bill. My father-in-law has been suggesting we sell a bit each year, around $8K worth. At ...
by sofla_diyer
Thu Oct 01, 2015 8:08 am
Forum: Personal Investments
Topic: Employee stock purchase plan help
Replies: 7
Views: 842

Re: Employee stock purchase plan help

Bumping to see if anyone has any ideas. Thanks!
by sofla_diyer
Wed Sep 30, 2015 8:24 pm
Forum: Personal Investments
Topic: Employee stock purchase plan help
Replies: 7
Views: 842

Employee stock purchase plan help

Hi all, My husband and I are straightening out our finances and investments and one issue that we're not sure how to handle is the stock he has accumulated through his employer's stock purchase plan. He purchases stock at a 15% discount based on the lowest stock price in the purchase window (a 6-mon...
by sofla_diyer
Wed Sep 30, 2015 1:52 pm
Forum: Personal Investments
Topic: Need help getting out of Ameriprise
Replies: 7
Views: 719

Re: Need help getting out of Ameriprise

Thanks for the reply, Jack!

You all are seriously awesome, I appreciate the help so much!
by sofla_diyer
Wed Sep 30, 2015 1:51 pm
Forum: Personal Investments
Topic: Need help getting out of Ameriprise
Replies: 7
Views: 719

Re: Need help getting out of Ameriprise

Thank you Globalviewer! That cleared up the confusion I had just mentioned in my previous follow-up post. You're absolutely right about canceling the call altogether...I was reviewing the prospectuses for the funds my advisor sent me recently when I mentioned I wanted out of the gold and precious me...
by sofla_diyer
Wed Sep 30, 2015 1:47 pm
Forum: Personal Investments
Topic: Need help getting out of Ameriprise
Replies: 7
Views: 719

Re: Need help getting out of Ameriprise

Thanks for the quick reply! Just so I'm clear on what you're saying...I can do an in-kind transfer of my existing holdings to Fidelity (or Vanguard). Is there a fee involved in doing that? Then after I decide where to transfer my holdings, I would then sell them (incurring a fee) and reallocate the ...
by sofla_diyer
Wed Sep 30, 2015 1:32 pm
Forum: Personal Investments
Topic: Need help getting out of Ameriprise
Replies: 7
Views: 719

Need help getting out of Ameriprise

I just finished reading the Bogleheads book yesterday and I've learned much more about what it takes to better invest my money, but I also feel like I'm more "investing for dummies" speed and that I need a little more hand holding, so please forgive me. Currently my husband and I have mone...
by sofla_diyer
Fri Sep 18, 2015 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for stay-at-home-mom
Replies: 16
Views: 2420

Re: Disability insurance for stay-at-home-mom

Meph, thanks for your comments! And your chapter was very informative.
by sofla_diyer
Thu Sep 17, 2015 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Best plan to get out of VUL
Replies: 6
Views: 1774

Re: Best plan to get out of VUL

Thanks, that is what I'm leaning towards. If for no other reason than the rep I spoke to yesterday suggested that I should do a partial. Fool me once...
by sofla_diyer
Thu Sep 17, 2015 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for stay-at-home-mom
Replies: 16
Views: 2420

Re: Disability insurance for stay-at-home-mom

Uncle Pennybags, that's always the fear in the back of my mind and I think it's a shame that it's pretty much understood most insurance companies will put up a fight rather than honor their obligations. I've been combing through the policy and while I think it's clear that I should receive full bene...
by sofla_diyer
Thu Sep 17, 2015 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Best plan to get out of VUL
Replies: 6
Views: 1774

Best plan to get out of VUL

Thanks so much for the help you all gave me on my other insurance question, so I'm hoping you can also give me advice on my VUL. I signed up for variable universal life insurance 7 years ago and have since figured out that wasn't a great idea. I've researched enough to know that I should probably ge...
by sofla_diyer
Thu Sep 17, 2015 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for stay-at-home-mom
Replies: 16
Views: 2420

Re: Disability insurance for stay-at-home-mom

Thanks all! I will contact the company to double check the benefit amount based on earnings prior to becoming disabled. And I have been reading up a lot on VUL and realize that was also an expensive lesson in trusting a professional "advisor" to steer me in the right direction. I will post...
by sofla_diyer
Wed Sep 16, 2015 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for stay-at-home-mom
Replies: 16
Views: 2420

Re: Disability insurance for stay-at-home-mom

Thanks for the replies. The policy states that as long as premiums are paid on time, the benefits will not change and no restrictions will be added to the policy for any reason. As far as I can tell I would receive the same benefit despite not bringing in any income now. If I decide that I want to i...