Search found 13 matches

by bluedemon67
Fri Oct 05, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuities - Already Commited, Now What?!?!
Replies: 5
Views: 769

Re: Variable Annuities - Already Commited, Now What?!?!

I would highly recommend contacting an annuity specialist with Vanguard. I recently helped a relative contact them about three annuities she was trapped in with Allianz, Hartford and Brighthouse. The specialist spent a couple of hours on the phone and called each one of them to get the details on ea...
by bluedemon67
Thu Aug 23, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up a new 401k as an employer - costs
Replies: 8
Views: 539

Re: Setting up a new 401k as an employer - costs

I would definitely check with Fidelity. As the CFO of a company of 400 employees I approached Vanguard several times about handling our 401k plan. They declined. Said we did not have enough assets per employee. Fidelity handled our plan for about 6 years until the company was sold. Their expenses we...
by bluedemon67
Wed May 23, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 8720

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

Very sorry for the loss of your husband. I also admire your strength and initiative to get through some difficult times. You have received some excellent advice here which I cannot add a lot to. But I did want to emphasize what others have said about taking your time in finding a course of action th...
by bluedemon67
Tue Jan 02, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Please explain EE bond compounding
Replies: 11
Views: 1164

Re: Please explain EE bond compounding

Jack,

I believe that if you purchased the bonds in 2002 that they will double in value in 17 years. Read this on the Treasury direct site and have purchased some of them in the same time frame. You may want to confirm this.
by bluedemon67
Thu Oct 12, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: pay taxes from long term gains on a taxable account
Replies: 18
Views: 1826

Re: pay taxes from long term gains on a taxable account

It is too late to make an estimate for the 3rd quarter, but if you will make up any underpayments in the 4th quarter- due on Jan 15- I doubt any penalty will be very much. As others have said you may already be exempted under the rules.
by bluedemon67
Fri Sep 08, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: NC Bailey Tax Protected,Fees and Fund Choices
Replies: 19
Views: 2312

Re: NC Bailey Tax Protected,Fees and Fund Choices

Southport, I am familiar with the Bailey settlement benefit. My wife is a state retired NC teacher. It seems to me that you would be better off doing the conversions rather than her for the NC tax benefit available to you. Also, if I were in your place I would transfer the wife's 401k to Vanguard wh...
by bluedemon67
Fri Sep 08, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: NC Bailey Tax Protected,Fees and Fund Choices
Replies: 19
Views: 2312

Re: NC Bailey Tax Protected,Fees and Fund Choices

Southport, I am familiar with the Bailey settlement benefit. My wife is a state retired NC teacher. It seems to me that you would be better off doing the conversions rather than her for the NC tax benefit available to you. Also, if I were in your place I would transfer the wife's 401k to Vanguard wh...
by bluedemon67
Tue Dec 13, 2016 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Will it be better to move to Schwab from Vanguard?
Replies: 23
Views: 3640

Re: Will it be better to move to Schwab from Vanguard?

Here is my 2 cents worth. I have had accounts at Vanguard for 25+ years. I personally think that their investment choices, including their target date funds, are superior to Fidelity. Like many have noted here I have had less than great customer service though I seldom have needed it. I think it is ...
by bluedemon67
Sun May 15, 2016 8:52 am
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 5230

Re: Bond Index Funds - The turning tide from active

I am also not a big fan of TBM because of its large allocation to gov bonds, though I do use it in my 401k account because it is the best option. In my IRA I use Intermediate-Term Investment Grade and consider it to be my "core" bond fund and have been very pleased with it. As others have pointed he...
by bluedemon67
Fri May 06, 2016 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Edward Jones to Vanguard
Replies: 40
Views: 5619

Re: Moving Edward Jones to Vanguard

Here are few thoughts as I read your post. I commend on your decision to separate yourself from E. Jones. When I see the number of funds your advisor has you in it astounds me. Though you have been reading on the forum for a while I cannot tell how much knowledge you have about asset allocation and ...
by bluedemon67
Mon Apr 11, 2016 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Online Tax Filing Hitch - cannot locate any tips or help
Replies: 3
Views: 522

Re: Online Tax Filing Hitch - cannot locate any tips or help

Have you tried using IRS Direct Pay? I use it for making estimated tax payments and form 4868 extensions and find it quite easy to use.

I have used it for about 3 years and have not had any problems.
by bluedemon67
Sun Jan 03, 2016 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: 31 y/o Seeking Investment Advice
Replies: 6
Views: 1187

Re: 31 y/o Seeking Investment Advice

I too hated debt when I was your age and I commend you for wanting to get rid of your student and consumer loans. Here are my answers and thoughts to your questions: 1. Transferring your former employer's 401k balance to a Vanguard account is a good option. 2. Your current employer's 401k options do...
by bluedemon67
Sun Jan 03, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: paid in 2015 but deposited in 2016
Replies: 6
Views: 1046

Re: paid in 2015 but deposited in 2016

If you are a cash basis taxpayer it would be taxable in the year actually received (2016).