Search found 59 matches

by 1030danielle
Fri Nov 22, 2019 10:56 am
Forum: Personal Investments
Topic: Cost basis and making distribution from a trust
Replies: 7
Views: 386

Cost basis and making distribution from a trust

Hi gang! My accountant is out of town for thanksgiving and I’m hoping ya’ll can help me out instead. I’m trustee and am making a partial distribution to three beneficiaries from my late mother’s trust. My accountant told me (during a conversation a few weeks ago) to tell the beneficiaries what the c...
by 1030danielle
Sat Nov 16, 2019 11:29 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 438
Views: 105667

Re: South Florida Local Chapter

Thanks, Miriam.
I hope to make this one.
🙂
by 1030danielle
Sat Nov 16, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1042
Views: 112514

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]

Hi gang, It seems a good amount of folks transferred their HSA investments to fidelity when the latter started offering HSAs last year. I’m in the process of deciding between Lively and Fidelity, and I’m wondering what your experiences (customer service, funds offered, ease of use, etc) have been no...
by 1030danielle
Mon Jul 29, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Applying for EIN after becoming trustee: SS-4 and online
Replies: 6
Views: 721

Re: Applying for EIN after becoming trustee: SS-4 and online

I did end up speaking to my accountant and she helped me file the EIN request online. We are doing fiscal year. I didn’t want the lawyer to apply because I didn’t want to spend the money on something that was easy to do alone, and since I am not crazy about this lawyer, I don’t want to reward him wi...
by 1030danielle
Mon Jul 22, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Applying for EIN after becoming trustee: SS-4 and online
Replies: 6
Views: 721

Applying for EIN after becoming trustee: SS-4 and online

Hi gang, I'm the executor and trustee of my mom's estate and trust. As I'm filling out the paperwork for an EIN for the trust, I am getting confused. The online form and the hard-copy form SS-4 (to apply for EIN) have slightly different questions. I am not sure which form -- SS4 or online -- is the ...
by 1030danielle
Fri Jul 19, 2019 12:35 pm
Forum: Personal Investments
Topic: Are there any tips / best practices for an Inherited IRA?
Replies: 27
Views: 5102

Re: Are there any tips / best practices for an Inherited IRA?

I've found this thread informative, as I've just inherited both a Roth and TIRA. Always so much to learn here on this forum. After reading some of the comments, I'm wondering what the benefit of a traditional IRA really is, if its spending power -- due to taxes -- may be weaker compared to Roth and ...
by 1030danielle
Tue Jun 25, 2019 10:36 am
Forum: Personal Investments
Topic: Does annuity payout to beneficiary count as income?
Replies: 4
Views: 638

Does annuity payout to beneficiary count as income?

I will be receiving a lump sum as a beneficiary of my mothers’s annuity following her death. I know the payout from her annuity will be taxed as ordinary income. But for other purposes (such as filling out an application for health care coverage under ACA), does that lump sum count as income? Thanks...
by 1030danielle
Tue May 21, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to be an executor
Replies: 22
Views: 3972

Re: How to be an executor

Jim gave a pretty good basic summary of the steps involved with probate. However, the executors/beneficiary(ies) should be aware that many things are not estate assets and transfer completely outside of probate and are generally not subject to creditors: Any assets already in the trust and/or asset...
by 1030danielle
Sun May 19, 2019 7:44 am
Forum: Personal Finance (Not Investing)
Topic: [Death in family - First steps to pay beneficiaries?]
Replies: 6
Views: 635

[Death in family - First steps to pay beneficiaries?]

[Moved into a stand-alone topic from: Father passed - First steps to taking over finances? --admin LadyGeek] Lots of good information in this post. Somewhat related question: debts, taxes etc must be paid before beneficiaries receive money. Is it safe to “assume” vanguard won’t pay beneficiaries un...
by 1030danielle
Sun Sep 23, 2018 12:47 am
Forum: Investing - Theory, News & General
Topic: Has anyone gone to a Retirement Wealth Academy seminar?
Replies: 17
Views: 4679

Re: Has anyone gone to a Retirement Wealth Academy seminar?

Thanks, all. I appreciate the input. It certainly seemed fishy when the ages and dollar amount was listed.
Cheers,
Danielle
by 1030danielle
Sat Sep 22, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Has anyone gone to a Retirement Wealth Academy seminar?
Replies: 17
Views: 4679

Has anyone gone to a Retirement Wealth Academy seminar?

I’ve been seeing some ads recently on my Facebook feed for this free seminar from “Retirement Wealth Academy,” and I’m wondering if anyone here has ever heard of this “Academy” or gone to one of their events? In the FAQ, they say they are not selling anything, but they are directing the seminar at a...
by 1030danielle
Sun Aug 05, 2018 1:10 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94650

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I have went through a few pages of this thread, but not all 9. Hi. This helped shed light for me: If we liked Vanguard back when it was "cheapest," and now Acme is "cheapest," we should now like Acme better than Vanguard. Smectym We also like Vanguard (and continue to do so) because of its distribu...
by 1030danielle
Thu Aug 02, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94650

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

It’s dawning me that all this talk about the minutiae of this change reminds me of how I got mired in the devilish details before deciding on the simple three-fund portfolio. I kept trying to create the “perfect” portfolio before deciding on the “good enough” portfolio. Trying to remind myself now t...
by 1030danielle
Wed Aug 01, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94650

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Some thoughts: - Let's say you have $100,000 in VTSAX (Vanguard Total Stock Market). Your ER is .04, so your annual expense is $40/year. To move to Fidelity, you have to sell your existing holdings, incurring capital gains taxes, and then you will save $40/year. How long will it take to recoup the ...
by 1030danielle
Wed Aug 01, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94650

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

That said, it seems like Fidelity's program isn't that efficient on the face of it. If I look at Vanguard Total Market, 92% of the gross lending revenue is left after expenses. On Fidelity's, it's only 39 %. Hi there. Can you tell me your source on this? Also, please excuse my ignorance, but what m...
by 1030danielle
Wed Aug 01, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94650

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Do you think this no-fee index fund will lure you away from Vanguard? The numbers are sort of compelling.

Image
by 1030danielle
Sat Jan 27, 2018 1:59 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 438
Views: 105667

Re: South Florida Local Chapter

Thanks for posting the photos!
It’s always a treat to see bogleheads in the real world.
Danielle
by 1030danielle
Tue Jan 02, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2670
Views: 493452

Re: What are you up YTD? [Year To Date]

Retirement
+ 21.4%
AA 90/10
International 7%

Non-Retirement
+ 18.8%
AA 85/15
International 9%

This is according to the “Personal performance” feature on Vanguard.
by 1030danielle
Wed Dec 20, 2017 7:15 pm
Forum: Personal Investments
Topic: Pros/Cons of buying stock in December?
Replies: 3
Views: 712

Re: Pros/Cons of buying stock in December?

I mean stock shares, and it's a taxable account.
by 1030danielle
Wed Dec 20, 2017 6:08 pm
Forum: Personal Investments
Topic: Pros/Cons of buying stock in December?
Replies: 3
Views: 712

Pros/Cons of buying stock in December?

Hi --
Is there anything in particular to be aware of before making a stock purchase in December?
Any end-of-the-year weirdness?
Thanks!
Danielle
by 1030danielle
Sun Nov 26, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: Tax Basics Cheatsheet?
Replies: 9
Views: 1938

Re: Tax Basics Cheatsheet?

If you look at Form 1040 and follow the instructions for lines 8, 9 and 13 you can learn a lot about taxation of non-retirement accounts. https://www.irs.gov/pub/irs-pdf/i1040gi.pdf Thanks for the above ... it did help. I also found this handy dandy chart (when distributions are paid) that gave inf...
by 1030danielle
Tue Nov 21, 2017 12:05 am
Forum: Investing - Theory, News & General
Topic: Tax Basics Cheatsheet?
Replies: 9
Views: 1938

Tax Basics Cheatsheet?

Hi Bogleheads, Does anyone know of some sort of graphic (or other visual) or cheat sheet that gives a rundown of the major points to know about taxes and nonretirement accounts? Like, what number(s) should my eye be drawn to right away? It seems like whenever I look at Vanguard, I always get mired d...
by 1030danielle
Mon Nov 20, 2017 11:42 pm
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 438
Views: 105667

Re: South Florida Local Chapter

Hello hello! I plan to attend the Jan. 21 local event.
Danielle
by 1030danielle
Tue Oct 03, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2670
Views: 493452

Re: What are you up YTD?

Toons wrote:
Tue Aug 26, 2014 5:05 pm
I don't know but it appears my investment portfolio is worth more than it was this time last year,,and I have been spending money along the way,,,,this is the way long term investing is supposed to work,,methinks :happy
Well said!
Cheers,
Danielle
by 1030danielle
Wed Apr 05, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: When a company is bought out, what happens to the stock (like with Panera/Krispy Kreme)?
Replies: 34
Views: 6528

When a company is bought out, what happens to the stock (like with Panera/Krispy Kreme)?

So, news reports today say that an investment firm is buying Panera at $x per share and that, if the deal is finalized, Panera would be privately held. What does that mean for people who own individual stock in Panera? Are we forced to sell the stock?
Thanks in advance!
Danielle
by 1030danielle
Wed Mar 15, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 210
Views: 54257

Re: GEICO auto rates vs. USAA: too good to be true?

I've been with GEICO 22 years and qualify for all the discounts they offer. I recently researched quotes to increase my coverage, and when I did, I found that Traveler's beat GEICO by about $500/year. (Travelers 1900/year; Geico $2400/year) This is the coverage I am seeking: Bodily Injury $250,000 E...
by 1030danielle
Mon Mar 13, 2017 11:47 am
Forum: Personal Investments
Topic: ISO advice on my portfolio (retirement and otherwise)
Replies: 12
Views: 1384

Re: ISO advice on my portfolio (retirement and otherwise)

Most believe traditional 401K is better in the 25% tax bracket because retirement in the 25% is not very common. Using tax deferred for $18K contribution in the 25% tax bracket saves $4500 in taxes. If you retire in the 15% tax bracket, you've saved 10%. If you retire in the 25% bracket, you pay th...
by 1030danielle
Mon Mar 13, 2017 11:28 am
Forum: Personal Investments
Topic: ISO advice on my portfolio (retirement and otherwise)
Replies: 12
Views: 1384

Re: ISO advice on my portfolio (retirement and otherwise)

Even 80% equities is WAY aggressive at age 44, IMO I hear ya on this one, and i wondered the same. I did some more exploring and found that even vanguard target-date funds in my range are close to 90-10. I even checked out TRowe Price's and Fidelity's asset allocations for target date funds, which ...
by 1030danielle
Mon Mar 13, 2017 11:02 am
Forum: Personal Investments
Topic: ISO advice on my portfolio (retirement and otherwise)
Replies: 12
Views: 1384

Re: ISO advice on my portfolio (retirement and otherwise)

I don't remember my rationale for holding a lot of the stuff that I choose 10 years ago. I'm sure speculation played a role, but now I am trying to avoid speculation. Now that I've been reading a lot of the information about index funds and simplified portfolios, I'm ready to make a more informed de...
by 1030danielle
Sat Mar 11, 2017 2:21 am
Forum: Personal Investments
Topic: ISO advice on my portfolio (retirement and otherwise)
Replies: 12
Views: 1384

Re: ISO advice on my portfolio (retirement and otherwise)

Here is another ( likely ignorant) question: Why divvie up each account between total stock market and total bond market with fixed percentages? For simplicity?
Thanks in advance!
by 1030danielle
Wed Mar 08, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Geico vs Travelers Car Insurance
Replies: 12
Views: 2780

Re: Geico vs Travelers Car Insurance

Look at these threads: viewtopic.php?f=2&t=167811 - Longtime Insurance Customers get ripped (overcharged) viewtopic.php?f=2&t=182861 viewtopic.php?f=2&t=168161 Thank you for the links, Miriam. (And I did get your email about TIPS. I have been lax in replying. Thank you for sending.) Well, my next p...
by 1030danielle
Wed Mar 08, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Geico vs Travelers Car Insurance
Replies: 12
Views: 2780

Re: Geico vs Travelers Car Insurance

Well, I called Geico and gave them a chance to keep me. I told them I am on the verge of going with another company, that I'd received competitor quotes, etc., but Geico can't give me any more discounts on my policy. The new policy price is a good one for the coverage, so I think I will switch. Now,...
by 1030danielle
Wed Mar 08, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: Geico vs Travelers Car Insurance
Replies: 12
Views: 2780

Re: Geico vs Travelers Car Insurance

On a side note, your insurance seems extremely expensive. I have nearly identical coverage/deductibles and pay $900/year for TWO vehicles. However, I live in the Midwest and my vehicles are older. Tell me about it! But, I live in *South* Florida and am unmarried, so I think that adds to the cost. :...
by 1030danielle
Wed Mar 08, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Geico vs Travelers Car Insurance
Replies: 12
Views: 2780

Geico vs Travelers Car Insurance

I've used Geico car insurance for a couple decades now and have had no major claims or problems. I carry the minimum coverage on most things (10k/25k), but I've decided it's time to increase my levels of coverage. When I priced out the updated coverages, the rates (of course) increased. Since I've m...
by 1030danielle
Tue Feb 28, 2017 11:26 pm
Forum: Personal Investments
Topic: ISO advice on my portfolio (retirement and otherwise)
Replies: 12
Views: 1384

Re: ISO advice on my portfolio (retirement and otherwise)

Thank you for your reply, Misenplace.

I think this answers the cost basis question, but if not, please let me know:
  • Long term gains are about $26k in the taxable account.
    Short-term, just $55.
by 1030danielle
Tue Feb 28, 2017 11:20 am
Forum: Personal Investments
Topic: ISO advice on my portfolio (retirement and otherwise)
Replies: 12
Views: 1384

ISO advice on my portfolio (retirement and otherwise)

Emergency funds : Yes, in taxable account. Debt : Auto loan (1.8% interest rate); student loans (4.6% interest rate, 23K balance). Tax Filing Status: Single Tax Rate : 25% Federal only State of Residence : FL Age : 44 Desired Asset allocation : 90% stocks / 10% bonds (changing 10% every 5 years til...
by 1030danielle
Sun Feb 26, 2017 10:30 pm
Forum: Personal Investments
Topic: "Simple" question about compounding
Replies: 28
Views: 3283

Re: "Simple" question about compounding

I feel like I have a much better handle on compounding now. (Even if I didn't do the math!)
Thanks, everyone, for your input.
~Danielle
by 1030danielle
Sat Feb 25, 2017 3:14 pm
Forum: Personal Investments
Topic: "Simple" question about compounding
Replies: 28
Views: 3283

Re: "Simple" question about compounding

With regard to the mystique of "compounding," it basically happens as long as you do not take money out of your account and, if it pays dividends, arrange to have the dividends reinvested so that you buy new shares with them... you then earn dividends on the reinvested dividends, just as, in the ba...
by 1030danielle
Sat Feb 25, 2017 2:58 pm
Forum: Personal Investments
Topic: "Simple" question about compounding
Replies: 28
Views: 3283

Re: "Simple" question about compounding

Once that base exists, how it got there (initial contributions, new contributions, interest, dividends, account bonuses, etc.) doesn't matter at all and is just a distraction. Changing from one fund to another or one allocation to another or any other change has no impact on that at all. Ah, ok. Th...
by 1030danielle
Sat Feb 25, 2017 2:32 pm
Forum: Personal Investments
Topic: "Simple" question about compounding
Replies: 28
Views: 3283

Re: "Simple" question about compounding

Compounding is built on interest, right? If I change from one comparable index fund to another (say, mid-cap to large cap), does the new fund "start over" and lose its compound benefit? (I feel like I need a fifth-grader's explanation) lol

Thanks!
by 1030danielle
Fri Feb 24, 2017 11:15 am
Forum: Personal Investments
Topic: "Simple" question about compounding
Replies: 28
Views: 3283

"Simple" question about compounding

We've all heard about the magical and powerful force of compounding. But here's a question that reveals my ignorance: does compounding work if you change from one fund to another? Or does the money need to stay in the same fund to benefit from compounding?
Thanks!
by 1030danielle
Tue Feb 21, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Help with standard deviation, volatility comparing slice and dice with 3-fund portfolios
Replies: 9
Views: 1131

Help with standard deviation, volatility comparing slice and dice with 3-fund portfolios

Hello hello, I have a tendency to miss the forest for the trees, so I am putting this thought out there. As I compare portfolios, I keep an eye on the standard deviation. From what I've read, the whole point of diversification is to lower volatility (as measured by standard deviation as well as thin...
by 1030danielle
Sun Feb 19, 2017 1:08 pm
Forum: Personal Investments
Topic: Need advice on time frame for changing investments to 3- or 4-fund portfolio: all at once or bit by bit?
Replies: 8
Views: 1063

Re: Need advice on time frame for changing investments to 3- or 4-fund portfolio: all at once or bit by bit?

Thanks for the input!
Now I just need to decide whether I want to add REITs.
Am reminded of the quote about the enemy of a good plan being a perfect one! :oops:
by 1030danielle
Thu Feb 16, 2017 9:11 pm
Forum: Personal Investments
Topic: Need advice on time frame for changing investments to 3- or 4-fund portfolio: all at once or bit by bit?
Replies: 8
Views: 1063

Need advice on time frame for changing investments to 3- or 4-fund portfolio: all at once or bit by bit?

Hi gang! I've got a mashup of investments (9 different funds, some index, some not) spread over my retirement accounts: 401(k) plus a Roth and a traditional IRA. After almost a year of researching here at Bogleheads forum and other resources, I am nearly ready to whittle everything down to a 3- or 4...
by 1030danielle
Fri Jan 27, 2017 12:02 pm
Forum: US Chapters
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 16918

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

From the Miami gathering last weekend:


Image
by 1030danielle
Thu Jan 26, 2017 12:24 am
Forum: Investing - Theory, News & General
Topic: Simple vs. Compound Return
Replies: 11
Views: 2647

Re: Simple vs. Compound Return

Thank you, The Electrician, for finding the updated post. :) And, Dave, I read the 2 short pieces you linked to, as well. Thanks for posting them. I'd seen that ABCD results somewhere else, though I can't recall where. I have been browsing this Forum since last summer in my quest to build my portfol...
by 1030danielle
Tue Jan 24, 2017 11:05 pm
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 438
Views: 105667

Re: South Florida Local Chapter

Thanks, Miriam, for posting the photos. What a view!
Danielle
by 1030danielle
Mon Jan 23, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Simple vs. Compound Return
Replies: 11
Views: 2647

Re: Simple vs. Compound Return

I realize this is an old and moldy post, from 2007, but I am interested in the content and wonder if there is an updated post on this information? I tried the link, and it seems to direct me to a different website.
Thanks,
Danielle
by 1030danielle
Wed Jan 11, 2017 11:29 pm
Forum: Personal Investments
Topic: Asset Allocation advice
Replies: 7
Views: 949

Re: Asset Allocation advice

But then, nobody said your AA has to be rational. If you can sleep well at night and stay the course, then go with what you have. This caught my eye. I'm currently 44 with a 95/5 AA. I sleep fine at night and had no problem with the 2008 downturn. I plan to stay pretty aggressive till I am about 10...