Search found 10 matches

by cynthia
Sun Aug 19, 2012 2:40 pm
Forum: Personal Consumer Issues
Topic: What's the biggest of amount of cash you have ever found?
Replies: 65
Views: 7562

Re: What's the biggest of amount of cash you have ever found

I sort books for the local library used book sale. On several occasion I have found cash in the books. The first time was $100 in an old paperback dictionary which I was about to toss out. The second find was $1500 in crisp $100 bills in 3 separate envelopes tucked into an old Emily Post etiquette b...
by cynthia
Sat Dec 11, 2010 10:07 pm
Forum: Personal Investments
Topic: Roth conversion and underwithholding penalty
Replies: 5
Views: 2270

I think I am getting a handle on this problem thanks to ideas and the links you all have provided. I have been reading the Fairmark links. There is a lot of good info there. It looks like I have a few options. 1 - do the conversion this month and send a big estimated tax payment now. 2- do the conve...
by cynthia
Fri Dec 10, 2010 3:08 pm
Forum: Personal Investments
Topic: Roth conversion and underwithholding penalty
Replies: 5
Views: 2270

Roth conversion and underwithholding penalty

I would like to convert my traditional IRA with Vanguard to a Roth IRA. All of the funds in the IRA were pre-tax funds. I stopped contributing to it as soon as the contributions were no longer tax deductible. I know I have to pay taxes on the amount I want to convert, which is approximately $65,000....
by cynthia
Thu Nov 06, 2008 10:57 am
Forum: Personal Investments
Topic: Vanguard vs Boglehead advice
Replies: 6
Views: 2897

Chris and PiperWarrior, Thank you both for your comments. At the recommendation of the Vanguard adviser, I did make an appointment with a tax adviser for tomorrow. I have a secure government pension with COLAs so I cannot envision a scenario where I would need the money in this IRA. The primary reas...
by cynthia
Thu Nov 06, 2008 10:38 am
Forum: Personal Investments
Topic: Vanguard vs Boglehead advice
Replies: 6
Views: 2897

Rick, You said: Vanguard cannot be biased toward index funds or active management because they have both types of products and will not lean one way or the other. So all of their proposals will split between active funds and index funds in a hodgepodge slapped-together recommendation. I guess I unde...
by cynthia
Wed Nov 05, 2008 11:57 am
Forum: Personal Investments
Topic: Vanguard vs Boglehead advice
Replies: 6
Views: 2897

Vanguard vs Boglehead advice

Back around Oct. 25 I posted my portfolio here for review by the Bogleheads. I had also submitted the information to the Vanguard investment advisors but, at the time of my posting, I had not yet had my interview with the Vanguard advisor. Vanguard proposed two portfolios. This was the more simplifi...
by cynthia
Sun Oct 26, 2008 12:10 pm
Forum: Personal Investments
Topic: Time to make some changes
Replies: 12
Views: 3011

Landy, You wrote: You shouldn't have to pay taxes at ordinary income levels for distributions on a fund you intend to liquidate. Unless, of course, you need the money for consumption (net of taxes). I think I understand this. Are you saying that any capital gain distributions are irrelevant if I sel...
by cynthia
Sun Oct 26, 2008 11:38 am
Forum: Personal Investments
Topic: Time to make some changes
Replies: 12
Views: 3011

Celia, I tried to copy the chart from the proposed Vanguard Financial Plan, but I could not figure out how to do it. Here is a summary. I'm using actual dollar amounts because it's easier. I hope it makes sense. They proposed two portfolios, an Integrated Portfolio and a Consolidated Portfolio. The ...
by cynthia
Sat Oct 25, 2008 10:29 pm
Forum: Personal Investments
Topic: Time to make some changes
Replies: 12
Views: 3011

Landy, I like your simplified suggested portfolio and it does make sense to invest the IRA with my daughter's age and time frame in mind. (She is 42 and does not have much invested for retirement ) However I'm still trying to figure out how (and when) to implement the suggested portfolio changes. Th...
by cynthia
Sat Oct 25, 2008 2:02 am
Forum: Personal Investments
Topic: Time to make some changes
Replies: 12
Views: 3011

Time to make some changes

I’ve been reading the posts on this forum and several of the recommended books. I think I have finally learned enough to begin to ask some questions. I did contact Vanguard Financial Planning Services, filled out their questionnaire and I just received their recommendations. However their recommenda...