Search found 86 matches

by Niam
Wed Feb 05, 2020 11:37 am
Forum: Personal Investments
Topic: Portfolio review: 4-year transition to Boglehead almost complete
Replies: 3
Views: 590

Re: Portfolio review: 4-year transition to Boglehead almost complete

Thanks for the comments so far. Good point on the dividend reinvestment.
by Niam
Wed Feb 05, 2020 2:08 am
Forum: Personal Investments
Topic: Portfolio review: 4-year transition to Boglehead almost complete
Replies: 3
Views: 590

Portfolio review: 4-year transition to Boglehead almost complete

Background Married couple in late-30s. We have recently added a disabled child to the family. Wife now stays at home. After having a complete mess of a portfolio (think dozens of individual stocks across multiple platforms, high fees, and no coherent plan), I have spent years working on simplifying...
by Niam
Fri Jan 18, 2019 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term disablity insurance?
Replies: 6
Views: 604

Long-term disablity insurance?

Late 30s. Stay at home wife who takes care of a young child with some significant health issues. Very steady white-collar job. Assuming I stay healthy, can probably get a job at a similar pay in almost any economic environment. Do not own home. Savings/retirement = 7x annual salary. Life insurance =...
by Niam
Wed Aug 22, 2018 11:19 pm
Forum: Personal Investments
Topic: Roth IRA in peak earning years?
Replies: 8
Views: 939

Re: Roth IRA in peak earning years?

Thanks, I think I get it. I thought he was asking whether he should do an Roth IRA conversion (which can be for any amount and would require paying taxes on the conversion, which is why it is not recommended at higher brackets). But he is instead asking if he should do a backdoor Roth IRA (which is ...
by Niam
Wed Aug 22, 2018 11:05 pm
Forum: Personal Investments
Topic: Roth IRA in peak earning years?
Replies: 8
Views: 939

Re: Roth IRA in peak earning years?

I am confused. Can someone use simple english to explain why the first few answers to this post are recommending doing a backdoor conversion? I thought it is generally best to do backdoor IRA conversions when your income is low so that you pay a lower tax during the conversion. Why would it make sen...
by Niam
Sun Jul 15, 2018 10:48 pm
Forum: Personal Investments
Topic: Realizing 85% of 401k contribution going to bonds
Replies: 21
Views: 3152

Re: Realizing 85% of 401k contribution going to bonds

Sometime in the distant future when you are subject to RMDs, you will be very glad that your equities were in taxable, Roth and HSA rather than in the 401k. The 401k is the right place to keep your bond allocation, so just grin and bear it. My IRA is 100% bonds, ditto for #1 son. Dale Can you pleas...
by Niam
Sun Jul 15, 2018 1:42 pm
Forum: Personal Investments
Topic: Missed Secuties Class Action Claim Deadline
Replies: 3
Views: 513

Re: Missed Secuties Class Action Claim Deadline

And mods...please move to the Investing Forum if it makes more sense there.

[moved - moderator prudent]
by Niam
Sun Jul 15, 2018 1:19 pm
Forum: Personal Investments
Topic: Missed Secuties Class Action Claim Deadline
Replies: 3
Views: 513

Missed Secuties Class Action Claim Deadline

One of the individual companies I own(ed) ended up in securities class action litigation that would have resulted in a few hundred dollars worth of money coming to me ... except for the part where the deadline to submit the claim was about a month ago. What is the recommended course of action? Just ...
by Niam
Tue Jan 02, 2018 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Can I do anything with an old, expired securties class action settlement check?
Replies: 9
Views: 3255

Re: Can I do anything with an old, expired securties class action settlement check?

Have you tried: - depositing at your bank's ATM NO - does your bank have those advanced ATMs (inside the bank) that spit out cash in increments of your choice and also allow check deposits? YES - does your bank have a smartphone app for scanned checks? YES - getting the check re-issued? NO I guess ...
by Niam
Tue Jan 02, 2018 1:14 am
Forum: Personal Finance (Not Investing)
Topic: Can I do anything with an old, expired securties class action settlement check?
Replies: 9
Views: 3255

Re: Cany I do anything with an old, expired securties class action settlement check?

Check your state's (or state where company headquartered) unclaimed property database. I searched the one in California and got a hit on about half of my friends/neighbors. There should be a way to claim it back online. Checked that and nothing there. I wouldn't have thought that class action settl...
by Niam
Tue Jan 02, 2018 12:05 am
Forum: Personal Investments
Topic: Need guidance - inherited WF managed 1.2M portfolio
Replies: 12
Views: 2325

Re: Need guidance - inherited WF managed 1.2M portfolio

In taxable, use Cost Basis Method Specific Identification and do not have distributions automatically re-invested except perhaps any monthly bond fund distributions if you put a tax-exempt bond fund in taxable. OP: Sorry for your loss and I don't have any specific guidance for you. livesoft: Can yo...
by Niam
Mon Jan 01, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I do anything with an old, expired securties class action settlement check?
Replies: 9
Views: 3255

Can I do anything with an old, expired securties class action settlement check?

I recently found an expired, uncashed check from a 2014 securities class action settlement. Needless to say, the check is expired. It's not a ton of money, but not pocket change either...about $500. Is there anything I can do about it at this stage? (The company is still around as a struggling small...
by Niam
Mon Oct 16, 2017 8:44 pm
Forum: Personal Investments
Topic: Portfolio Review w/ Questions re: Investments, TSP, Roth, Disability Ins.
Replies: 5
Views: 729

Re: Portfolio Review w/ Questions re: Investments, TSP, Roth, Disability Ins.

Congratulations on the new child :) . Thanks, and thanks for taking the time to comment. What are the amounts and interest rates on your student debt? If the interest rates are high, then paying off the student debt might be a good "investment". Interest rate of 3.5%. Relatively low amount left and...
by Niam
Mon Oct 16, 2017 8:41 pm
Forum: Personal Investments
Topic: Portfolio Review w/ Questions re: Investments, TSP, Roth, Disability Ins.
Replies: 5
Views: 729

Re: Portfolio Review w/ Questions re: Investments, TSP, Roth, Disability Ins.

Fishing50: Thank you for taking the time to respond. A few responses to your thoughtful comments/questions/suggestions. Reduce your EF because you have a reliable govt job with significant taxable assets available without penalty. I'd like to reduce my emergency fund, but the problem is I'd also lik...
by Niam
Wed Sep 20, 2017 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Rent out vs Sell with models
Replies: 2
Views: 536

Re: Rent out vs Sell with models

Not an expert, but I assume you'd get more $$$ for your house if you sold it with models instead of renting it out.
by Niam
Wed Sep 20, 2017 12:37 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 66
Views: 7237

Re: Lawyer overbilling for prenup review

OP, I am sorry you are getting so many negative responses when you are clearly in the right. But such is life on bogleheads.org. But I've been on the receiving end of a lot of unnecessary criticism before, and I know it can be bothersome. I actually think people are being way too kind to him. At th...
by Niam
Sun Aug 13, 2017 10:28 am
Forum: Forum Issues and Administration
Topic: Please consider setting a time limit of 15 minutes to edit a post
Replies: 31
Views: 5131

Re: Please consider setting a time limit of 15 minutes to edit a post

Strongly disagree with this for 2 reasons: 1. Often, people will continually update a post with more recent information (such as changing financial holdings when discussing their portfolio). It would be crazy to lose that option and force people to keep starting new posts/threads instead of updating...
by Niam
Sat Jul 29, 2017 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Philosophy major and future law student
Replies: 93
Views: 8073

Re: Philosophy major and future law student

I have worked with and hired dozens of lawyers, many of whom were philosophy students, but way more information needed.

What part do you think is a bad decision? If he wants to go to law school, few majors seem better suited than philosophy.
by Niam
Mon May 08, 2017 11:41 pm
Forum: Investing - Theory, News & General
Topic: Even if active managers aren't better at picking winners, can't they be better at picking losers?
Replies: 13
Views: 2043

Even if active managers aren't better at picking winners, can't they be better at picking losers?

I understand the Boglehead philosophy and all the accepted wisdom about not trying to beat the market, etc. It would seem to follow that the accepted philosophy about investing in index funds with maximum diversification (indeed, the ideal asset allocation might very well be a total market allocatio...
by Niam
Mon Mar 27, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 11890

Re: Massive Student Loan Debt - Girlfriend

I guess what I find so troubling and disturbing about some of the responses in this thread is that there appears to be a sentiment that says it's ok to reduce a human being down to dollars and cents. People and their lives are not spreadsheets. This x 1000. This thread troubles me so much that even...
by Niam
Mon Mar 27, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 5189

Re: Boston apartment hunting advice/can I afford a studio?

What are you looking for in a place to live? You haven't addressed that basic question. For almost everything a recent college grad would want, a place like Southie would be better than a place like Beacon Hill (and much cheaper).
by Niam
Mon Jan 23, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 6680

Re: Hypo: What would you do if you were SURE of impending deline in markets

How about telling us what you would do? Paul I have no idea...hence the post. I think the likely result in an alternate universe where this hypo came try is that I'd have paralysis of indecision and end up doing nothing. It's easy to say I'd make some highly-leveraged bet shorting the market, but I...
by Niam
Mon Jan 23, 2017 7:01 pm
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 6680

Re: Hypo: What would you do if you were SURE of impending deline in markets

Thanks to those who tried to respond (to my perhaps poorly-phrased hypothetical). I read all responses and appreciate anyone who took the time to respond, although I think many people could not get past the hypothetical nature of the question and got caught up on how this is not possible. Yes, I kno...
by Niam
Mon Jan 23, 2017 12:44 am
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 6680

Re: How would you invest if you were SURE of short-term deline in markets

A more interesting line of thought is if you thought there was a 75% chance that there would be a steep decline in the market. Then what would you do? In this case I would point you to the Black Litterman model. It allows you to state your positions and combine them with market expectations to come...
by Niam
Sun Jan 22, 2017 11:09 pm
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 6680

Re: How would you invest if you were SURE of short-term deline in markets

Even if I was sure of a "short-term decline", as you say, I might not do anything at all. Often times one finds the time and trouble of reacting not worth the return. If it does eventually become worth it, my portfolio is set up to indicate that at the appropriate time, regardless of the prediction...
by Niam
Sun Jan 22, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 6680

Hypo: What would you do if you were SURE of impending deline in markets

I have more of an academic/theoretical question than an actual investing question I'd like to implement -- assume you generally had confidence in long-term markets but somehow knew that there would be a short-term correction or downward movement in the broad market, how would you invest and/or what ...
by Niam
Tue Dec 27, 2016 2:18 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Re: Help me understand if/why I should buy bonds in this environment

Thank you to all who took the time to respond, especially DSInvestor who looked up my prior post and made some portfolio-specific suggestions.
by Niam
Tue Dec 27, 2016 8:11 am
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Re: Help me understand if/why I should buy bonds in this environment

In an older thread, you mentioned TSP. If you have access to TSP, you should consider using TSP G fund for your bond allocation. TSP G fund gives you the yield of intermediate term bonds but without the risk. G fund will not lose money if interest rates rise. Bond funds will lose money if rates ris...
by Niam
Mon Dec 26, 2016 10:29 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Re: Help me understand if/why I should buy bonds in this environment

But given your expressed aversion to interest rate risk, why not explore shorter term bond funds (and perhaps increase your allocation to stocks)? That's what I'm struggling with and keep coming back to ... why not just increase my allocation to stocks (or pretty much anything other than US bonds) ...
by Niam
Mon Dec 26, 2016 10:27 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Re: Help me understand if/why I should buy bonds in this environment

If you are investing with a 30 year time horizon why are you so worried about the current environment for bonds? Because for better or worse, I view it more as "I have 30 years to earn and invest money before I retire" NOT "I am investing something today that I will let ride for 30 years." Bond pri...
by Niam
Mon Dec 26, 2016 9:47 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Re: Help me understand if/why I should buy bonds in this environment

McGilicutty wrote:How much do you have to invest? If it's less than $10K, you might want to check out I-bonds:

https://www.treasurydirect.gov/indiv/pr ... glance.htm
Assume about 15K to invest. And interesting...will check it out. Thanks.
by Niam
Mon Dec 26, 2016 9:37 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Re: Help me understand if/why I should buy bonds in this environment

And to the extent you're tempted to say that I should be even more into bonds, part of the problem I'm having is that if I take some of the money off the table on my stock gains...or tax loss harvest...or become more conservative with a 70/30 tilt instead of an 80/20 tilt, I'd have even more money t...
by Niam
Mon Dec 26, 2016 9:34 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3561

Help me understand if/why I should buy bonds in this environment

I am slowly transitioning to a more conservative portfolio and I just can't make myself pour money into bonds in this economic/interest rate environment. Can someone please help me? It seems like most of the traditional assumptions about bonds become less compelling in an increasing interest rate en...
by Niam
Fri Oct 28, 2016 5:57 pm
Forum: Personal Investments
Topic: Infant with disabilities - need to revisit financial plan and allocation
Replies: 15
Views: 2734

Re: Infant with disabilities - need to revisit financial plan and allocation

As for the other posts, I did not even know something like a "Special Needs Trust" existed. Need to read up a lot -- trying to balance between getting informed and not getting overwhelmed, especially with everything else going on. But appreciate the guidance in those links.
by Niam
Fri Oct 28, 2016 5:55 pm
Forum: Personal Investments
Topic: Infant with disabilities - need to revisit financial plan and allocation
Replies: 15
Views: 2734

Re: Infant with disabilities - need to revisit financial plan and allocation

Thank you. Good points on the ARM and I agree, but it will actually work to our benefit here. We will likely need to move for his care/schooling before our ARM resets, so the low 7/1 ARM is perfect for us.
by Niam
Tue Oct 25, 2016 6:10 am
Forum: Personal Investments
Topic: Infant with disabilities - need to revisit financial plan and allocation
Replies: 15
Views: 2734

Re: Infant with disabilities - need to revisit financial plan and allocation

Thank you to everyone who has taken the time to post. I will read some of these links and circle back.

The good news is that this should not impact his life expectancy, although will likely severely impact his earning ability during lifetime (think blindness/deafness).
by Niam
Mon Oct 24, 2016 5:29 pm
Forum: Personal Investments
Topic: Infant with disabilities - need to revisit financial plan and allocation
Replies: 15
Views: 2734

Re: Infant with disabilities - need to revisit financial plan and allocation

Bump. Any thoughts on whether family health issues should cause a major change in whatever I may be doing financially as summarized above? Maybe a moderator can move this post to another forum if better suited there. Thanks.
by Niam
Sat Oct 22, 2016 11:28 am
Forum: Personal Investments
Topic: Infant with disabilities - need to revisit financial plan and allocation
Replies: 15
Views: 2734

Infant with disabilities - need to revisit financial plan and allocation

Not sure if this post is better suited to this investing page or the personal finance (not investing) page, but I would appreciate thoughts on my current financial planning and what I may need to change. My wife and I had our first child earlier this year and he is dealing with a number of health is...
by Niam
Sun Oct 02, 2016 12:08 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3007
Views: 1916807

Re: The Three-Fund Portfolio

Question for Taylor based on this post by him in another thread: Use this Vanguard Asset-Allocation tool to help you decide your all-important stock/bond ratio: https://personal.vanguard.com/us/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//personal.vanguard.com/us/funds/tools If I could start over...
by Niam
Sat Sep 03, 2016 10:14 pm
Forum: Investing - Theory, News & General
Topic: Why aren't my ETF dividends qualified?
Replies: 29
Views: 7232

Re: Why aren't my ETF dividends qualified?

^The OP apparently never sees qualified dividends that are non-zero in their Fidelity account. I think they must not be looking. I'm suggesting they look at last year's information which should match what is on their 2015 1099-DIV, too. Thanks. I have historically used Merrill Edge for my taxable t...
by Niam
Fri Sep 02, 2016 2:01 pm
Forum: Investing - Theory, News & General
Topic: Why aren't my ETF dividends qualified?
Replies: 29
Views: 7232

Re: Why aren't my ETF dividends qualified?

I think the OP is referring to the tax info section on the fidelity website. This is not updated for qualifying/non-qualifying dividend split until several months after the year end once the respective funds have updated them with the correct info. Yup, exactly. That makes sense and would explain i...
by Niam
Fri Sep 02, 2016 1:41 pm
Forum: Investing - Theory, News & General
Topic: Why aren't my ETF dividends qualified?
Replies: 29
Views: 7232

Re: Why aren't my ETF dividends qualified?

What is the evidence that you have that your ETF dividends are not qualified? BTW, all qualified dividends ARE ordinary dividends, but not all ordinary dividends are qualified. Got that? The tax reporting statements breaks up qualified and non-qualified dividends, and all of the dividends for all o...
by Niam
Fri Sep 02, 2016 1:37 pm
Forum: Investing - Theory, News & General
Topic: Why aren't my ETF dividends qualified?
Replies: 29
Views: 7232

Why aren't my ETF dividends qualified?

I understand qualified dividends for stocks, but apparently I don't understand qualified dividends for ETFs. Can someone help me understand why the dividends on long-term ETFs would not be qualified? And I don't mean foreign ETFs or something, even basic US index-tracked ETFs. I literally can't find...
by Niam
Fri Aug 19, 2016 8:16 pm
Forum: Investing - Theory, News & General
Topic: Growth, Value or Both?
Replies: 19
Views: 2319

Re: Growth, Value or Both?

Thanks, very interesting. Can someone help me understand what causes the tax-treatment difference that takes the Value Fund from +.25% to -.42% difference vis-a-vis the Growth Fund? That seems a bit odd.
by Niam
Tue Aug 16, 2016 8:14 pm
Forum: Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 7182

Re: Borrowing money to invest. Good idea?

With mortgage rates low, I can get a 10 year HELOC for a 4% fixed interest rate. I can borrow a six figure sum if I choose. It is tempting to invest it in the stock market, as the market has returned a 8.5% average ROI for me over the last 10 years. Of course, there would be risk. Good idea or bad ...
by Niam
Tue Aug 16, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: How to replace the pre-Boglehead trading interest/time investment
Replies: 12
Views: 1670

How to replace the pre-Boglehead trading interest/time investment

I am a relatively new convert to Boglehead who previously spent tons of time following the markets, investing in particular sectors/individual stocks etc. (I wouldn't say I was a day trader, but it was close.) Intellectually, I understand why the Boglehead formula is far superior to most investment ...