Search found 32 matches

by CenTexan
Wed Nov 07, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Transactions & Cost Basis Discrepancies.
Replies: 22
Views: 1850

Re: Vanguard Transactions & Cost Basis Discrepancies.

I had similar problems with Cost Basis on two funds with inherited shares. Vanguard apparently has a whole office of workers who fix these type problems. It took 3 and a half months, but mine finally got corrected. Contact them and be patient.
by CenTexan
Wed Aug 15, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Are inherited MF shares considered covered or non-covered?
Replies: 5
Views: 474

Are inherited MF shares considered covered or non-covered?

I inherited some Vanguard mutual fund shares from my dad a couple of years ago. I watched closely as Vanguard moved them from his account to mine (I did get the correct number of shares), but I failed to verify that the Cost Basis was entered into my Cost Basis Summary correctly – which should have ...
by CenTexan
Wed Aug 15, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7689

Re: Moving from Vanguard to Fidelity

I wish Vanguard would do those "surveys" at the end of in-bound client calls. Then we could give a little feedback regarding the service received. Like the condescending attitude I've received a couple times - and the incorrect answers. As well as the reps who admit they don't know and at least find...
by CenTexan
Thu May 31, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Issues redeeming Vanguard Prime Money Market Fund
Replies: 35
Views: 2467

Re: Issues redeeming Vanguard Prime Money Market Fund

I have also Charles checking and brokerage (empty) account so I may consider their Value Advantage Money Fund SWVXX. Thanks With Schwab it took one day to get external funds into both Schwab bank checking and the paired Schwab brokerage account where SWVXX is an option for savings along with other ...
by CenTexan
Sun May 06, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need encouragement with holding my bond fund assets
Replies: 27
Views: 2411

Re: Need encouragement with holding my bond fund assets

Thanks, everyone. It is nice to get various viewpoints and comments. When you fell all alone with making investment decisions, it helps a lot to hear feedback and thoughts from others. Gotta love this message board! I think my "take-away" from all replies is to stay the course with the SWAGX. And no...
by CenTexan
Sat May 05, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need encouragement with holding my bond fund assets
Replies: 27
Views: 2411

Re: Need encouragement with holding my bond fund assets

First - thanks to everyone for replying. I often feel like an idiot trying to understand what's going on with my bond funds. I bought them because "that's what you're supposed to do." I just want to know if everyone agrees that the loss I feel I'm experiencing is abnormal - that in the long run, bon...
by CenTexan
Sat May 05, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Need encouragement with holding my bond fund assets
Replies: 27
Views: 2411

Re: Need encouragement with holding my bond fund assets

PFInterest wrote:
Sat May 05, 2018 10:33 am
what is your actual XIRR?
SWAGX is down only 0.5% from last year on May 1st.
Schwab website says price per share was $10.02 on May 1, 2017 and on May 1, 2018 it was $9.73. That's a drop of $0.29 per share - about 3% drop. . . plus the complete loss of dividends reinvested. Right?

What is XIRR?
by CenTexan
Sat May 05, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Need encouragement with holding my bond fund assets
Replies: 27
Views: 2411

Need encouragement with holding my bond fund assets

I've watched for a year now as my bond fund value has dropped month by month. The dividends were automatically reinvested to buy more shares, so I now own more shares than when I started, but since the value of each share has dropped over the year, I have (on paper) lost about 3.4% of my investment ...
by CenTexan
Mon Jan 29, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: PIMCO merging Class D with Class A shares - what does this mean to me?
Replies: 4
Views: 2978

Re: PIMCO merging Class D with Class A shares - what does this mean to me?


But OP: Where is there a sales fee? I thought anything like that was also waived for those who were converted.
The MS link in my first post shows the fees. I assumed once the shares were converted to Class A, the same fees would apply. But Justbpatient's post might be the answer.
by CenTexan
Mon Jan 29, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: PIMCO merging Class D with Class A shares - what does this mean to me?
Replies: 4
Views: 2978

PIMCO merging Class D with Class A shares - what does this mean to me?

Last week I received a doc through Schwab from PIMCO: As of March 23, 2018, PIMCO is moving all Class D shares (PONDX) into Class A shares (PONAX, I believe). Both shares have a 0.93% ER, but the Class D shares have (had) a no load for purchase or redemption. The Class A have a 3.75% max purchase fe...
by CenTexan
Sat Dec 16, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs. Tax Deferred - not much difference?
Replies: 56
Views: 5155

Re: Taxable vs. Tax Deferred - not much difference?

Thanks for the summary, pepperz. Wish all the posts here would have one (ideally at the top of the chain!) :happy
by CenTexan
Wed Nov 08, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a losing equity in my Roth
Replies: 5
Views: 824

Re: Selling a losing equity in my Roth

Thanks, Pajamas. True words.
by CenTexan
Tue Nov 07, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a losing equity in my Roth
Replies: 5
Views: 824

Selling a losing equity in my Roth

Alright - open target here! I have a stock in my Roth portfolio that has lost 92% of its value over the years. But even at that loss, it is earning a dividend equal to 1.4% APR on the originally invested amount. I'm tired of looking at it and being reminded of what I loser I am. I am thinking of sel...
by CenTexan
Sun Nov 05, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3952

Re: I can take $15k out of my trad IRA with no taxes - should I?

If you take a close look at Form 2210 - Sch AI you probably will cringe if you have never done this before. Or if you have done it before, you may swear to never repeat the experience. What you can do is request a TIRA distribution sent to you and elect enough withheld to meet a safe harbor. Endors...
by CenTexan
Fri Nov 03, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3952

Re: I can take $15k out of my trad IRA with no taxes - should I?

Thanks for the replies thus far. I had not thought of the Roth move for the withdrawal. My quick calculation shows I would pay 10% tax (no penalty as I am over 59.5) on an additional $15k withdrawal, so it might be a good move. When the RMDs start, we'll have SS and a pension coming in, so taxes wil...
by CenTexan
Fri Nov 03, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3952

Re: I can take $15k out of my trad IRA with no taxes - should I?

It might not be taxable because your total income is so low that it does not get up to the level of being taxed (exemptions and deductions take up some space before taxable income starts). Maybe I'm just not understanding what you are talking about. Yes - I have low "taxable" income, since I have m...
by CenTexan
Fri Nov 03, 2017 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3952

Re: I can take $15k out of my trad IRA with no taxes - should I?

Qualified dividend and capital gains do not exist in a tIRA. You have contributions and earnings (or growth) in there. Unless some of it has already been taxed (e.g. non-deductible contributions), It is all considered "ordinary income" and is taxed at your ordinary income rate. Yes - the IRA withdr...
by CenTexan
Fri Nov 03, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3952

I can take $15k out of my trad IRA with no taxes - should I?

According to my calculations, I should be able to withdraw about $15,000 from my traditional IRA - and not pay any IRS tax on it. Should I do it? Seems a no-brainer to me, but would like to hear from more knowledgeable folks. I've got 10 years until RMDs kick-in and will reinvest the $15k into my ta...
by CenTexan
Fri Sep 15, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: US stock, non-US stock, or total bond in ROTH?
Replies: 6
Views: 669

Re: US stock, non-US stock, or total bond in ROTH?

I thought you would want Bonds in a Roth since interest payment is taxed at a higher rate (for most folks) than capital gains and dividends? :confused
by CenTexan
Wed Sep 13, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Pimco PONDX increasing fee in 3 weeks - stay in?
Replies: 10
Views: 2024

Re: Pimco PONDX increasing fee in 3 weeks - stay in?

Thanks, folks. Anyway I look at it, PONDX is performing well. I've only had it a few months so I think I'll bite my lip and accept the increase in ER and decide at the one-year mark. I don't see how you can compare Vang Wellesley (VWIAX) to PONDX . . . a third of Wellesley is in stocks . . . (and I ...
by CenTexan
Wed Sep 13, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 38298

Re: Vanguard Customer Service

I had to do a Medallion last year with Vanguard. After a couple calls, I found a rep who said if I set up voice recognition with them ("At Vanguard, my voice is my password") that it would work as a substitute. So I did, and it did.
by CenTexan
Wed Sep 13, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Pimco PONDX increasing fee in 3 weeks - stay in?
Replies: 10
Views: 2024

Pimco PONDX increasing fee in 3 weeks - stay in?

Received a doc that my PONDX fund is increasing their fees (for Class D shares) by 0.11% on October 2. (Wow - a 3 week notice - thanks, PIMCO!) That brings the ER to 0.9%. I sure don't pay that much for any of my other funds. Interested to know what others think about this. Here's the full text (sor...
by CenTexan
Sun Jul 23, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: help with roth and taxable account
Replies: 35
Views: 3191

Re: help with roth and taxable account

For the record, tax evasion (what sam doesn't know) is not acceptable here. If you need help on filing taxes correctly, we will show you how to do it. Otherwise, this discussion will be closed.
+1
by CenTexan
Mon Jul 17, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: PONDX asset allocation a negative % for cash?
Replies: 8
Views: 1637

PONDX asset allocation a negative % for cash?

Would someone explain to this simpleton why PONDX (Pimco Income Fund Class D) shows the following under Google Finance summary? ASSET ALLOCATION Cash -52.64% <----- Stocks 0.01% Bonds 151.46% Preferred 0.15% Convertible 0.02% Other 0.0% Does this (the -52.64% listed as Cash) mean they borrowed money...
by CenTexan
Mon Jul 10, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 62
Views: 18043

Re: Fidelity, Vanguard or Schwab? I need to choose.

I have Schwab and (mostly) Vanguard. I recently rolled an IRA from USAA to Schwab. It went well although I had to re-contact Schwab to tell them what info to send to USAA - ie, Schwab was not pro-active on getting my funds). A couple other things: 1). No one could tell me (or notify me) when my roll...
by CenTexan
Thu Jun 15, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Do you like receiving email confirmations of online transactions?
Replies: 21
Views: 2070

Do you like receiving email confirmations of online transactions?

Hope this is correct place to post this . . . I just chatted online with Schwab, where I recently opened an account. Yesterday I purchased some mutual fund shares and the transaction completed and appeared in my account this morning with no problem. But I didn't get any type of email confirmation re...
by CenTexan
Wed Jun 14, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard new policies
Replies: 8
Views: 2650

Re: Vanguard new policies

I, too, have been very disappointed with Vanguard's customer service lately. I've been with them for over a decade and have noticed quite a drop in service in just the last couple of years. One example: I finally relented and "upgraded" my accounts about 6 months ago. I really didn't have a choice s...
by CenTexan
Tue Jun 13, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 18k in Cash?
Replies: 19
Views: 2424

Re: What to do with 18k in Cash?

BL wrote:
jbow44 wrote:
flamesabers wrote:Why not max out your Roth IRA for yourself in one lump deposit and spend the rest of the money on your car loan?
I would do this!
+1
+1 (Definitely)
by CenTexan
Tue Jun 13, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: High risk due to 20% in junk bonds? Or because of long-term holdings?
Replies: 4
Views: 988

High risk due to 20% in junk bonds? Or because of long-term holdings?

I own a good bit of Vanguard High-Yield Tax-Exempt Fund Admiral Shares (VWALX). The fund description says it "invests at least 80% of its assets in investment-grade municipal bonds" most of which are long-term bonds, as well as "up to 20% of its assets in less-than-investment-grade bonds" (to me, th...
by CenTexan
Sat Jun 10, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Best reinvestment timing for liquidated assets from a rollover?
Replies: 5
Views: 683

Re: Best reinvestment timing for liquidated assets from a rollover?

Avo wrote:Yes, go all in immediately.

But I will ask: why S&P500 and not total market?
The S&P500 fund has a very low er. And I have other assets that cover the total market (and bonds, etc).

Thanks to all for replies thus far!
by CenTexan
Thu Jun 08, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Best reinvestment timing for liquidated assets from a rollover?
Replies: 5
Views: 683

Best reinvestment timing for liquidated assets from a rollover?

I recently did a $500k rollover out of a 403b to a Traditional IRA to have more control and lower fees. The institution that held the original funds liquidated the assets as I directed, then mailed a paper check (hard to believe, yes?) to the receiving institution (Schwab). Once Schwab gets the chec...