Search found 47 matches

by bhjjk19
Wed Feb 12, 2020 9:17 am
Forum: Personal Investments
Topic: Vanguard vs Schwab - customer service
Replies: 34
Views: 2418

Re: Vanguard vs Schwab - customer service

I should add the following to my prior post: I sounded bias regarding Vanguard because I have no experience with Schwab. But everything I read on this site suggests they have very good customer service and the ONLY complaint I've seen relates to cash. The one plus for Schwab specific to me might be ...
by bhjjk19
Wed Feb 12, 2020 8:43 am
Forum: Personal Investments
Topic: Vanguard vs Schwab - customer service
Replies: 34
Views: 2418

Re: Vanguard vs Schwab - customer service

I've been with Vanguard for years as they were my 401k provider and my rollover IRA provider. My experience over the years has been very good, but I'm a very low maintenance client as I manage my own investments BECAUSE of THIS outstanding forum. As recent as 2 days ago I spoke with a rep regarding ...
by bhjjk19
Sat Nov 16, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 144
Views: 13609

Re: SP500 is very top heavy right now

Sounds to me that some individuals are over reacting to social media where prior posts suggest to ignore social media. I read social media as well and a lot of top heavy equities were discussed my many financial blogs. They all sound like reasonable assumptions. However, they are "assumptions" and I...
by bhjjk19
Wed Oct 30, 2019 9:33 am
Forum: Investing - Theory, News & General
Topic: Transitioning my Account ~ Not Mandatory
Replies: 61
Views: 5755

Re: Transitioning my Account ~ Not Mandatory

I received my FIRST eMail request to transition today. I'm also plan on holding off until I'm forced to do so. My TIRA is on the old MF platform while my wife's TIRA is on the Brokerage platform because I migrated her Fidelity holdings to Vanguard 3 years ago and was advised she had no choice but to...
by bhjjk19
Sun Oct 27, 2019 3:12 pm
Forum: Personal Consumer Issues
Topic: Capital One Eno
Replies: 43
Views: 5500

Re: Capital One Eno

Thanks for your feedback.
by bhjjk19
Sun Oct 27, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Capital One Eno
Replies: 43
Views: 5500

Re: Capital One Eno

I'm aware that this post is Capital One related, however I've read a lot of replies from Citi users and their related Virtual Account Number service. I've downloaded the software app onto my desktop PC only to find it requires Adobe Flash player to run. Adobe Flash is widely known for having securit...
by bhjjk19
Fri Oct 25, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Surviving Spouse Credit Card Question
Replies: 27
Views: 2459

Re: Surviving Spouse Credit Card Question

RickBogelhead; because of this thread and the fact that my wife is an authorized user on out Citi Double Cash Back charge card, I called Citi yesterday to pose the question: Do you allow Joint accounts? They said YES. Just FYI.
by bhjjk19
Thu Sep 19, 2019 7:44 am
Forum: Personal Investments
Topic: Primerica
Replies: 20
Views: 1244

Re: Primerica

From my experience I would suggest that you avoid any relationship with Primerica. I discovered this company when my wife became POA for her mother who has Alzheimer's. When we received several individual annual RMD distribution notifications I began researching her investments and history. I discov...
by bhjjk19
Thu Jun 20, 2019 7:34 am
Forum: Personal Investments
Topic: Best brokerage for Private Client customers
Replies: 5
Views: 963

Re: Best brokerage for Private Client customers

You are correct, different service providers have various minimums. HSBC raised the PC minimum to 5mm in 2013, prior to that it was 2mm. HSBC also provided Custodian service for customers who were PC at other institutions. I noticed the vast majority of those customers used BlackRock. If I was "ultr...
by bhjjk19
Wed Jun 19, 2019 9:23 am
Forum: Personal Investments
Topic: Best brokerage for Private Client customers
Replies: 5
Views: 963

Re: Best brokerage for Private Client customers

Private Client suggest you have significant assets (e.g., 5mm minimum from my experience who supported Private Clients for a living).
My personal experience would suggest either Blackrock or StateStreet. I previously worked 39 years for HSBC.
by bhjjk19
Tue Jan 29, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer (home): Do you leave it "On" or turn "off" after using?
Replies: 77
Views: 5289

Re: Desktop Computer (home): Do you leave it "On" or turn "off" after using?

I power off our desktop and laptop every evening. Power up both every morning. No issues what so ever. The desktop computer is an HP which just turner 10 years old... Had Windows 7, now Windows 10. The Laptop is a Lenovo which is 5 years old... Has Windows 8.1, now Windows 10. I'm sure leaving both ...
by bhjjk19
Sun Jan 13, 2019 7:21 am
Forum: Personal Investments
Topic: SEI Investments = bad deal?
Replies: 9
Views: 610

Re: SEI Investments = bad deal?

I am very familiar with SEI as I have worked with this company from 1983 through 2013. They are an excellent company and they are very experienced in the Investment Management business. However, their expertise is more at the corporate level as opposed to a personal management level. As such, I woul...
by bhjjk19
Tue Jan 01, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Porting Landline # to Google Voice On The Cheap
Replies: 18
Views: 4306

Re: Porting Landline # to Google Voice On The Cheap

That is a disappointment. Would the same apply if I went with Ooma Telo ?
by bhjjk19
Tue Jan 01, 2019 3:57 pm
Forum: Personal Consumer Issues
Topic: Porting Landline # to Google Voice On The Cheap
Replies: 18
Views: 4306

Re: Porting Landline # to Google Voice On The Cheap

Is porting my landline phone number to a cell phone really necessary if my landline is really internet based to begin with ? Explanation: My landline was Verizon, but many years ago when I signed up with the Comcast/Spectrum TV/Internet/Phone bundle, my phone became voice over internet as opposed to...
by bhjjk19
Mon Dec 17, 2018 7:03 am
Forum: Personal Consumer Issues
Topic: Beta Vanguard APP
Replies: 61
Views: 5265

Re: Beta Vanguard APP

Putting ANY financial App on a cell phone seems pretty risky to me...
by bhjjk19
Sun Nov 18, 2018 2:04 pm
Forum: Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 71
Views: 11441

Re: How exactly does Vanguard's RMD service work? Rebalancing?

They will withhold for my state (NY). I was just asking if my "possible market scenario" makes sense.
by bhjjk19
Sun Nov 18, 2018 12:18 pm
Forum: Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 71
Views: 11441

Re: How exactly does Vanguard's RMD service work? Rebalancing?

I understand your point. However, I was speaking from my own portfolio situation. I have a tax-advantaged "only" IRA. I do not have a taxable account "yet". I strongly suspect I'll need to create one once I turn 70.5 and have to take RMD's, which will likely turn out to be moor income than I need. I...
by bhjjk19
Sun Nov 18, 2018 8:53 am
Forum: Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 71
Views: 11441

Re: How exactly does Vanguard's RMD service work? Rebalancing?

Would anyone want to consider taking their RMD late in the year if the market tanks during the year ? This scenario would allow you to decide to take your RMD from the Bond side of the portfolio as opposed to the equity side.
by bhjjk19
Mon Jan 22, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 111
Views: 11624

Re: Post Your Morningstar Box Style

Stocks:

22...22...23
06...07...08
04...04...04

Bonds:

00...26...00
24...50...00
00...00...00

1.2m 60/40... age 64 last week
I'm hopeful this looks somewhat BH reasonable
by bhjjk19
Wed Nov 15, 2017 7:40 pm
Forum: US Chapters
Topic: BH recent Membership [BogleHead]
Replies: 17
Views: 2483

Re: BH recent Membership

Regarding drop-outs: I have not personally posted a question in quite some time. However; I'm literally addicted to BH and read every day. I have saved tons of posts of specific interest to me. I suspect there are several readers that do not log in. I will no doubt post questions when I feel I reall...
by bhjjk19
Sun Apr 23, 2017 7:24 pm
Forum: Personal Investments
Topic: Analysis Paralysis - Extended Market
Replies: 7
Views: 1497

Re: Analysis Paralysis - Extended Market

Thanks ALL for your great responses... I'm aware my portfolio is in good shape in many ways... I guess I was thinking I could make a good thing better... Bad thinking by thinking too much about it... I feel better now...
by bhjjk19
Sat Apr 22, 2017 7:37 pm
Forum: Personal Investments
Topic: Analysis Paralysis - Extended Market
Replies: 7
Views: 1497

Analysis Paralysis - Extended Market

I'm wondering if I should consider another adjustment to my portfolio. Background: Emergency Funds: 0 Debt: 0 Tax Filing Status: Married Filing Joint Tax Rate: 15% Federal, 6.45% State (NY) Age: Him (63), Her (62) Income (2016): His (Pension) 46k, Hers (Part-Time) 22k – Total 68k Income (2017): His ...
by bhjjk19
Sat Apr 01, 2017 12:18 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

Thanks ALL for your responses... I feel pretty good that I can take advantage of a Roth conversion.. even with a minor income shortage I should be able to convert at least 20k. OP, I think you are missing the BIG picture. You can convert $10K or $20K or $30K a year, but it will have little effect o...
by bhjjk19
Fri Mar 31, 2017 7:22 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

Thanks ALL for your responses... I feel pretty good that I can take advantage of a Roth conversion.. even with a minor income shortage I should be able to convert at least 20k... Additionally, I have a classic car I've been considering selling... If I do, the proceeds could be used for tax purposes...
by bhjjk19
Fri Mar 31, 2017 12:39 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

Correct.. If I did a 2017 TurboTax return solely based on my Pension, my wife's SS income plus 13.5k in itemized deductions, my taxable income would be 31.5k
by bhjjk19
Thu Mar 30, 2017 7:18 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

That's true ( I believe )... I replicated my 2016 withdrawal... that 22k was taken out in anticipation of replacing my wife's vehicle this spring. I took it out in 2016 because I knew I could do it safely within the 15% tax bracket. Additionally, I was unsure at that time what my 2017 withdrawal nee...
by bhjjk19
Thu Mar 30, 2017 5:31 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

No problem... This stuff can be extremely complicated- I went to the trouble of making my own detailed projections spreadsheet so I could try different combinations of retirement dates, SS dates, conversion rates etc to see the tax implications. I lost track of how many hours of my spare time it to...
by bhjjk19
Thu Mar 30, 2017 8:41 am
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

Celia; Thanks for your detailed reply... Please be advised that I did in fact run a "TurboTax - what if 2017 return" using our projected 2017 incomes which included my Pension, my wife's SS income (taxed @ 85%) , PLUS an IRA withdrawal of approximately 22k. After including the same itemized deducti...
by bhjjk19
Thu Mar 30, 2017 6:21 am
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

Celia; Thanks for your detailed reply... Please be advised that I did in fact run a "TurboTax - what if 2017 return" using our projected 2017 incomes which included my Pension, my wife's SS income (taxed @ 85%) , PLUS an IRA withdrawal of approximately 22k. After including the same itemized deductio...
by bhjjk19
Wed Mar 29, 2017 7:21 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Re: Roth Conv 15% bracket for 3yrs

WOW... Thanks for your reply FiveK... I'll review the details in the link... Sounds like I can convert a lot lot more...
Regarding my 2nd question: should I migrate new Roth conversions into my pre-existing Roth or create a new Roth each time ?
by bhjjk19
Wed Mar 29, 2017 2:29 pm
Forum: Personal Investments
Topic: Roth Conv 15% bracket for 3yrs
Replies: 24
Views: 3286

Roth Conv 15% bracket for 3yrs

This is my 2nd post. In my original post I mentioned I was concerned about my emergency fund. However, I received multiple suggestions suggesting I focus on Roth conversions as a priority item. I therefore did the research on this site and others and now agree that it would in fact be in my best int...
by bhjjk19
Fri Mar 24, 2017 2:17 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Howdy. One item to seriously consider is doing IRA to Roth conversions to minimize RMDs and therefore taxable income at age 70. There are a number of threads in the forum on this subject. Doing a forum search will bring them up. A forum member named livesoft is a master of this subject. The Roth wi...
by bhjjk19
Sun Mar 19, 2017 12:46 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Retirement Plan Critique

Thanks Carl... Sounds Logical
by bhjjk19
Sun Mar 19, 2017 10:41 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Retirement Plan Critique

I have not yet completed my Roth Conversion homework, but I'm actively working on it. I have another question regarding the suggested revisions to our respective (his/hers) Roth holdings. My Roth Star fund is a blend and my wife's Roth is a st-bond. Suggestions here and everywhere else says to put m...
by bhjjk19
Fri Mar 17, 2017 7:42 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

I picked (perhaps wrongly) the Extended Market Funds because it contained both Mid & Small Caps and that the historical 10 year returns looked better than the individual Mid and small cap index funds ( I could be wrong here ). I Did however notice that every time I do a portfolio analysis, it tells...
by bhjjk19
Thu Mar 16, 2017 6:21 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Re: SS - It was an easy decision for me to wait until FRA based on the 7-8% return. Delaying further until age 70 seems to me to be a major decision which I'm unsure I would consider right now. My reasoning at this point: 1) Given the size of our combined portfolios, I don't see either of us outliv...
by bhjjk19
Thu Mar 16, 2017 4:55 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Retirement Plan Critique

Howdy Another thought to consider re waiting on taking Social Security to 70. You may at some point consider a single premium annuity as longevity insurance. Understand that extending the age at which you take Social Security is essentially the same as purchasing a SPIA that is indexed to inflation...
by bhjjk19
Thu Mar 16, 2017 2:42 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Retirement Plan Critique

You made some exceptional points here Carl... Thanks... I have a lot of reading to do... have a great day... :happy
by bhjjk19
Thu Mar 16, 2017 1:16 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Howdy. One item to seriously consider is doing IRA to Roth conversions to minimize RMDs and therefore taxable income at age 70. There are a number of threads in the forum on this subject. Doing a forum search will bring them up. A forum member named livesoft is a master of this subject. The Roth wi...
by bhjjk19
Thu Mar 16, 2017 11:42 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Consider doing Roth conversions rather than just piling up cash as an Emergency Fund. Since you are past 59.5 you would have no penalty for withdrawing from converted Roth funds should you need it. If not then it grows tax free. Regarding SS, will you turn 64 this calendar year. If so, (actually ju...
by bhjjk19
Thu Mar 16, 2017 10:06 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Thanks all for the great and prompt replies... Yes, my pension does in fact have survivor benefits... she will continue to get it should I pass away... I picked (perhaps wrongly) the Extended Market Funds because it contained both Mid & Small Caps and that the historical 10 year returns looked bette...
by bhjjk19
Thu Mar 16, 2017 8:22 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Thanks for your reply Carl... I actually turned 63 in January of this year (2017) and my wife turned 62 in December 2016. I don't "yet" fully understand your suggestion as I'm new to this site and still have a lot of catching up (e.g., acronyms). I'll do the lookup and follow up with my better under...
by bhjjk19
Thu Mar 16, 2017 6:37 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Per suggestion from Silk, I've just confirmed that my wife's account is titles as "Traditional IRA Brokerage".
by bhjjk19
Thu Mar 16, 2017 6:30 am
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

Thanks Silk; I'll immediately check into this at Vanguard and advise of my findings.
by bhjjk19
Wed Mar 15, 2017 9:39 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

Re: 1st Request; Post-Requirement Plan Critique

My account at Vanguard is most definitely a Traditional IRA. My wife's account at Fidelity was a Simple IRA. I liquidated her holdings into their MM cash reserves before doing the trustee to trustee transfer to Vanguard (as they recommended to speed up the process). I was surprised that they opened ...
by bhjjk19
Wed Mar 15, 2017 3:09 pm
Forum: Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2786

1st Request; Post-Retirement Plan Critique

[Post title edited to clarify "Post- Retirement " was the intended word - moderator prudent] This is my 1st post. I’m exceptionally impressed with this web site and looking forward to gaining further knowledge in all aspects of financial management. I have been retired for 3 years following 39 year...