Search found 8789 matches

by BL
Fri Apr 19, 2019 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: DW worried about What if ...? Wishes to pay off mortgage
Replies: 21
Views: 1489

Re: DW worried about What if ...? Wishes to pay off mortgage

Do you each have some kind of term life insurance? Many have a certain amount free at work. Others find an INDEPENDENT life insurance agent that can shop various companies for you, or use something like term4sale.com to search for possibilities. You might want 10-20 years coverage of more than your ...
by BL
Fri Apr 19, 2019 10:16 am
Forum: Personal Investments
Topic: I need help with my investement stratagies please
Replies: 20
Views: 1095

Re: I need help with my investement stratagies please

300k equity investment in the company I work for, I should see returns beginning 2020 Not sure if this is shares or actual investment. Shares could be sold off easily, but it does sound like you helped start the company which is a long-term commitment. Take your profits on crypto gamble. Why be afr...
by BL
Thu Apr 18, 2019 12:48 pm
Forum: Personal Investments
Topic: Roth or Traditional 457B with Pension
Replies: 20
Views: 737

Re: Roth or Traditional 457B with Pension

I would look at using the Roth 457b after you are maxing the contributions, but probably not before. At that time you would be able to stuff more value into a max Roth than a maxed traditional. Until that time, I suggest putting as much as you can into the traditional 457b, considering that extra mo...
by BL
Wed Apr 17, 2019 2:46 pm
Forum: Personal Investments
Topic: Valuing Individual Stock in Portfolio
Replies: 11
Views: 718

Re: Valuing Individual Stock in Portfolio

You say the stock is 10%, so why not just call it that in your calculations? Does the stock distribute dividends? If so, do not re-invest those. Buy Total stock market or S&P 500 funds with that. You may think you know the company, but chances are you know only some things. Even Enron workers though...
by BL
Wed Apr 17, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 7643

Re: I’m a Loser Stuck in a Dead End Job

I see there is an updated version of What Color Is Your Parachute? 2019: A Practical Manual for Job-Hunters and Career-Changers This is a classic book for figuring out what you want to do, and it has some updated practical suggestions that could be very useful. Your library may have at least a somew...
by BL
Tue Apr 16, 2019 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: My life insurance company wants to "help me save money"
Replies: 26
Views: 2184

Re: My life insurance company wants to "help me save money"

Making the Most of Your Money Now: The Classic Bestseller Completely Revised for the New Economy Hardcover – December 29, 2009 by Jane Bryant Quinn (Author) This a great easy to read book on personal finance, including life insurance. It is a handy reference and available at your local library or o...
by BL
Tue Apr 16, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: Fixed Indexed Annuities
Replies: 22
Views: 1081

Re: Fixed Indexed Annuities

Here is a link to FINRA, a watchdog for some of this stuff: http://www.finra.org/investors/indexed-annuities You won't win any argument with this person. Don't even try. Good job checking now before it is too late and a costly mistake. I believe the Whitecoat Investor may have something on the subje...
by BL
Tue Apr 16, 2019 1:10 pm
Forum: Personal Investments
Topic: Help understanding mom's Transamerica variable annuity
Replies: 17
Views: 591

Re: Help understanding mom's Transamerica variable annuity

she should be able to get an In-Force Illustration from the company. Beware of projected estimates vs. guaranteed increases. Even this is not necessarily clear, but should be an improvement. Agree with person above who says this is a money-maker for the "advisor", not necessarily best for customer. ...
by BL
Tue Apr 16, 2019 8:47 am
Forum: Personal Investments
Topic: Continue to buy Bonds in Taxable?
Replies: 6
Views: 685

Re: Continue to buy Bonds in Taxable?

I chose Prime Money Market a year ago (lower interest, but maintains NAV) rather than the bond to satisfy my frustration at higher interest along with dropping NAV when rates were increasing. Treasury (MM or bills) might be better as I don't think you pay state tax on that. Probably losing some tota...
by BL
Tue Apr 16, 2019 1:45 am
Forum: Personal Investments
Topic: Vanguard MM vs HYS
Replies: 1
Views: 432

Re: Vanguard MM vs HYS

Simplicity. I wouldn't move from one to the other since rates are similar.

At this moment I think Prime MM is safe enough. Treasury MM may be just as good and even safer, and perhaps will consider moving at some future date if state taxes are not collected.
by BL
Mon Apr 15, 2019 7:10 pm
Forum: Personal Investments
Topic: Rollover IRA & funds in Vanguard
Replies: 4
Views: 268

Re: Rollover IRA & funds in Vanguard

Since you like conservative investing and hate to lose any money, the G fund sounds like it can't be beat. The Prime Money Market is not likely to lose money, but is not FDIC guaranteed, and returns about 2.48 % APY currently. It seems to have stalled out lately. The treasury MM is at 2.38% APY, and...
by BL
Mon Apr 15, 2019 11:20 am
Forum: Personal Investments
Topic: Wellesley Income fund Admiral
Replies: 17
Views: 2587

Re: Wellesley Income fund Admiral

This is why the suggestion is to tell more about your situation, as shown in Asking Portfolio Questions thread at top of Help topics. Your tax bracket makes a difference. If taxable income is under $77k +, Capital Gains rate is 0%. Above is 15% and still farther above is more. Actually dividends are...
by BL
Mon Apr 15, 2019 1:32 am
Forum: Personal Investments
Topic: My advisor VS Vanguard's PAS
Replies: 70
Views: 4566

Re: My advisor VS Vanguard's PAS

I don't think you should switch until you are totally sure that is what you want to do. You alone must decide if the extra value you receive is worth the cost.
by BL
Mon Apr 15, 2019 12:56 am
Forum: Personal Investments
Topic: Taxable fixed-income options for investing a windfall
Replies: 11
Views: 1011

Re: Taxable fixed-income options for investing a windfall

I believe you would want to compare the long-term to a taxable long-term. Intermediate might be somewhat comparable in length to total stock market. I don't see anything that recommends munis here, unless there is something else that applies. No state tax makes a difference. You could make your 401k...
by BL
Sat Apr 13, 2019 8:43 pm
Forum: Personal Investments
Topic: Taxable fixed-income options for investing a windfall
Replies: 11
Views: 1011

Re: Taxable fixed-income options for investing a windfall

- Would paying off the mortgage hurt my credit rating? It's my only current recurring payment. Not even any credit cards? :shock: Our house has been paid off for more than ten years. Our only other credit usage has ever been credit cards that we pay off at the end of each month. Last time I looked,...
by BL
Sat Apr 13, 2019 12:51 pm
Forum: Personal Investments
Topic: Opening my first Roth IRA Funds - Vanguard Target Retirement vs. Life Strategy vs. others?
Replies: 5
Views: 245

Re: Opening my first Roth IRA Funds - Vanguard Target Retirement vs. Life Strategy vs. others?

Do either of you have tax-advantaged retirement plans at your employer(s)? 401K, 403B, 457, etc? Are either of you self-employed? It seems strange that you can only contribute $3750 each if you have no other retirement plan. If you do have another retirement plan, post details of the plan offerings...
by BL
Sat Apr 13, 2019 12:48 pm
Forum: Personal Investments
Topic: Taxable fixed-income options for investing a windfall
Replies: 11
Views: 1011

Re: Taxable fixed-income options for investing a windfall

You could use municipal bonds/money market for fixed income. Also I-Bonds at 10k/year unless you also get some paper bonds as a tax return. Your itemized deductions are so small, I wouldn't spend much effort on that. If you did 5 years worth of DAF maybe that would make more sense. Maybe make a deci...
by BL
Sat Apr 13, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Buy Wholesale and Sell Retail (from home)
Replies: 13
Views: 945

Re: Buy Wholesale and Sell Retail (from home)

I have bought a few things through Amazon: Costco products, for example. But they are also available online directly. What kind of things did you buy on Amazon to resell? Sorry, I was a customer of non-Amazon independent sellers, not a seller at any time. I am quite wary of most sellers there and c...
by BL
Sat Apr 13, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Buy Wholesale and Sell Retail (from home)
Replies: 13
Views: 945

Re: Buy Wholesale and Sell Retail (from home)

I would consider it fairly high-risk, so prepare to lose money rather than make it. Even stores are having a difficult time making a profit. There may be a niche, but it doesn't sound like these folks have found one. I have bought a few things through Amazon: Costco products, for example. But they a...
by BL
Sat Apr 13, 2019 9:02 am
Forum: Personal Investments
Topic: Portfolio Funds Consolidation
Replies: 6
Views: 292

Re: Portfolio Funds Consolidation

Lots of overlap in your IRA. As an example, Life Strategy alone would give you a 60/40 ratio including international. Bogleheads usually prefer to look at total return rather than dividends. Edit: if it costs a lot to simplify, I wouldn't do it. Since you have checked your entire portfolio and come ...
by BL
Fri Apr 12, 2019 9:02 am
Forum: Personal Investments
Topic: Fidelity is making it hard for my daughter to fund a Roth
Replies: 55
Views: 5765

Re: Fidelity is making it hard for my daughter to fund a Roth

Fax. When I need one, I use the free fax machine at my public library. Your daughters 2018 Roth IRA contribution. At this late date, I would not count on Fidelity to resolve its issues in time. Instead I'd open her 2018 Roth at your/her local bank as a 6mo CD... just to get her 2018 contribution on...
by BL
Thu Apr 11, 2019 9:25 am
Forum: Personal Investments
Topic: Clean up Taxable Brokerage Acct
Replies: 11
Views: 900

Re: Clean up Taxable Brokerage Acct

With a Standard Deduction of 26,600, it would off-set that much income before being taxed at all. So how much income are we looking at?
by BL
Thu Apr 11, 2019 9:22 am
Forum: Personal Investments
Topic: Clean up Taxable Brokerage Acct
Replies: 11
Views: 900

Re: Clean up Taxable Brokerage Acct

Agree that having Total Stock Market in taxable and all bonds in tax-advantaged would be ideal tax-wise. Then they could sell equities in taxable and sell bonds/buy equities in IRA. But that may be too complicated for them. However, we (and you) are seeing a very incomplete financial picture of thei...
by BL
Wed Apr 10, 2019 3:13 pm
Forum: Personal Investments
Topic: Clean up Taxable Brokerage Acct
Replies: 11
Views: 900

Re: Clean up Taxable Brokerage Acct

At mid-70's, I would think about 4% withdrawal would be fine. It looks like they think a dividend approach is somehow better, as do quite a lot of folks. Perhaps they could take the dividends, then sell more as needed, or perhaps it can be arranged to happen automatically. Since they are spending it...
by BL
Wed Apr 10, 2019 1:15 am
Forum: Personal Finance (Not Investing)
Topic: Cost Basis for Vanguard
Replies: 12
Views: 1089

Re: Cost Basis for Vanguard

They are required by law to track all funds purchased since Jan 2012. There are called covered shares and are reported separately from prior purchases where they were not required to keep track and not required to report cost basis to the IRS. V may show average cost on these. You would separate the...
by BL
Wed Apr 10, 2019 12:28 am
Forum: Investing - Theory, News & General
Topic: Find out if QUALIFIED or NON QUALIFIED REIT stock
Replies: 14
Views: 761

Re: Find out if QUALIFIED or NON QUALIFIED REIT stock

you may not have much capital gains even if short term. Have you looked up the unrealized gains/losses or basis? That will let you make a more educated decision on whether to wait and pay tax on more dividends or sell before that happens or it gains still more.
by BL
Tue Apr 09, 2019 6:35 pm
Forum: Personal Investments
Topic: Tax Gain/Loss Balancing
Replies: 7
Views: 496

Re: Tax Gain/Loss Balancing

livesoft / BL, Thank you -- this is exactly the insight I needed. Greatly appreciate the perspective and step-by-step guide. Biggs If possible, it’s usually advantageous to have losses offset income, rather than offset gains, due to the different rates applied to income vs that applied to capital g...
by BL
Tue Apr 09, 2019 5:27 pm
Forum: Personal Investments
Topic: Vanguard investment gains and losses
Replies: 6
Views: 682

Re: Vanguard investment gains and losses

Thanks for answering my question, and thanks for the welcome to the forum! In answer to BL’s question, your assumption is correct in that at least some of the sales transactions involve remaining individual stocks that transferred over from my prior financial advisor. Thanks. Glad to hear they didn...
by BL
Tue Apr 09, 2019 4:28 pm
Forum: Personal Investments
Topic: Challenge Setting Aside Monthly Savings
Replies: 12
Views: 1030

Re: Challenge Setting Aside Monthly Savings

Why not leave the 1k in this month to get ahead of your bills and withdraw that amount at the end of the month? You really didn't have a surplus if you need it to pay bills coming before you get paid. On the other hand, consider paying yourself first (saving) and adjust spending to fit that. Maybe y...
by BL
Tue Apr 09, 2019 2:27 pm
Forum: Personal Investments
Topic: Vanguard investment gains and losses
Replies: 6
Views: 682

Re: Vanguard investment gains and losses

I am curious about how the PAS functions. You say you are selling funds (1099-B) as well as contributing to buy funds. Are the ones you are selling leftovers from previous investing? I didn't think that PAS would be selling much during the accumulation phase, except possibly some re-balancing or may...
by BL
Tue Apr 09, 2019 12:58 pm
Forum: Personal Investments
Topic: Need to hire a financial advisor
Replies: 12
Views: 1309

Re: Need to hire a financial advisor

I don't believe there is an incentive at Vanguard to sell higher-cost funds, so I would trust them to not try to sell costly funds or other products. I have read here that they tell you up front what investments they suggest if you decide to use them. Not sure if others do that up front. Also V. usu...
by BL
Tue Apr 09, 2019 11:35 am
Forum: Personal Investments
Topic: Tax Gain/Loss Balancing
Replies: 7
Views: 496

Re: Tax Gain/Loss Balancing

2. Yes, the loss would offset the gain. Suggest selling all that have a loss immediately. Turn off any re-investing of distributions. Sell gainers to off-set losses. Choose among those with minimum long-term gains (higher basis to be able to sell more), those with high ERs and/or high taxable distri...
by BL
Mon Apr 08, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?
Replies: 28
Views: 2148

Re: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?

As indicated above, the AA generally refers to your retirement savings, not your short-term spending needs, where you may need cash available soon and shouldn't be putting it at risk. Later, as you accumulate more, you can handle bumps as they come, hopefully, and without having to borrow at a high ...
by BL
Mon Apr 08, 2019 1:34 pm
Forum: Personal Investments
Topic: 401k Allocation for someone in early 20's
Replies: 18
Views: 1028

Re: 401k Allocation for someone in early 20's

I always pay attention to Duckie's recommendations.

Edit:
RuralAvalon just below is another person I pay attention to.
by BL
Mon Apr 08, 2019 1:08 pm
Forum: Personal Investments
Topic: 3 fund portfolio in a taxable account
Replies: 5
Views: 911

Re: 3 fund portfolio in a taxable account

I don't think you would want to hold much BND in taxable due to taxes. Consider putting your bond requirements in tax-advantaged accounts or in municipal bonds.
by BL
Mon Apr 08, 2019 11:08 am
Forum: Personal Investments
Topic: Transition from Fidelity managed
Replies: 6
Views: 484

Re: Transition from Fidelity managed

The 3-fund portfolio page in the Wiki has suggestions for funds at several brokerages that you may find useful:
https://www.bogleheads.org/wiki/Three-fund_portfolio
by BL
Sat Apr 06, 2019 8:08 pm
Forum: Personal Investments
Topic: Bond fund, CD, or ?
Replies: 9
Views: 1396

Re: Bond fund, CD, or ?

Also consider Vanguard's Prime Money market with rates similar to many CDs and available any time (not FDIC insured). If you have state tax and you have the 50k minimum, Treasury MM might be about equivalent or slightly better with no state tax due.
by BL
Sat Apr 06, 2019 3:35 pm
Forum: Personal Investments
Topic: 25 Y/O 401K Allocation.. Please Advise.
Replies: 9
Views: 606

Re: 25 Y/O 401K Allocation.. Please Advise.

Good advice above. Move investments now to Vanguard Institutional Index Fund (VINIX) 0.04%, which should follow S&P 500 index. Be sure to at least get the match. Try to get a Roth IRA opened at Vanguard and contribute 5500 to Vanguard Target Date fund for 2018. Next work on 6000 for 2019 to same fun...
by BL
Sat Apr 06, 2019 1:20 am
Forum: Personal Investments
Topic: Rolled IRA from Ameriprise to Vangaurd...Now what?
Replies: 7
Views: 601

Re: Rolled IRA from Ameriprise to Vangaurd...Now what?

%One of the rules of thumb, now considered conservative, is "age in bonds". Wellesley fits that bill as does Life Strategy Conservative. Life Strategy Moderate is aggressive at about "age - 20 in bonds" as would Wellington be. The Target date will head to 70% bonds about 7 years after target date. I...
by BL
Sat Apr 06, 2019 12:50 am
Forum: Personal Investments
Topic: 2020 target retirement - 2 years in.
Replies: 7
Views: 1249

Re: 2020 target retirement - 2 years in.

There is a Life Strategy that stays at 60/40 and one at 40/60 if you want it to stay fixed near current ratios.
by BL
Sat Apr 06, 2019 12:30 am
Forum: Investing - Theory, News & General
Topic: Rebalance after IPO windfall ?
Replies: 25
Views: 2678

Re: Rebalance after IPO windfall ?

Limit your stocks to 5% or at least under 10% of your portfolio. Many are advised to sell immediately, as having your financial capital invested the same place as your human capital is much to great a risk. Make a plan to sell within the tax cost you are willing to tolerate each year.
by BL
Fri Apr 05, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: The high cost of sound financial advice
Replies: 45
Views: 4829

Re: The high cost of sound financial advice

Besides Bogleheads, consider Jane Bryant Quinn's How to Make Your Money Last, as well as the Boglehead retirement book. Great references. I have learned a lot just reading Wiki and threads here, but it has taken some time. Using the Asking Portfolio Questions format here gives a lot of knowledgeable...
by BL
Fri Apr 05, 2019 4:08 pm
Forum: Personal Investments
Topic: How to transfer from Janus to Fidelity without paying capital gains?
Replies: 24
Views: 1437

Re: How to transfer from Janus to Fidelity without paying capital gains?

pshonore wrote:
Fri Apr 05, 2019 3:58 pm
Who has been filing tax returns over the years? If so, the cap gains may not be as bad as you think.
+1
Look up the unrealized gains or cost basis and find out what the CGs really amount to.
by BL
Fri Apr 05, 2019 3:40 pm
Forum: Personal Investments
Topic: New Investor Seeking Guidance
Replies: 18
Views: 840

Re: New Investor Seeking Guidance

I think Vanguard has the most low-expense ratio funds around. Fidelity and Schwab may have a few with 0.001% lower ER (insignificant in my opinion) and F even has a handful of 0.0% funds. I consider them to be "keeping up with Vanguard" and they may not have had any lower ERs without Vanguard getti...
by BL
Fri Apr 05, 2019 3:17 pm
Forum: Personal Investments
Topic: New Investor Seeking Guidance
Replies: 18
Views: 840

Re: New Investor Seeking Guidance

I think Vanguard has the most low-expense ratio funds around. Fidelity and Schwab may have a few with 0.001% lower ER (insignificant in my opinion) and F even has a handful of 0.0% funds. I consider them to be "keeping up with Vanguard" and they may not have had any lower ERs without Vanguard gettin...
by BL
Fri Apr 05, 2019 2:06 pm
Forum: Investing - Theory, News & General
Topic: Ideas for funding Brokerage Account?
Replies: 9
Views: 777

Re: Ideas for funding Brokerage Account?

Quite often there is a low-cost fund hiding among the dogs of a 401k or 457. If you list the funds, ticker symbols, and ERs, you can get other pairs of eyes looking for maybe an S&P 500 fund, Vanguard funds, or State street funds which could possibly have a lower ER. Even so, the tax-deferral on you...
by BL
Fri Apr 05, 2019 1:53 pm
Forum: Personal Investments
Topic: Has anyone had any experience with TD Essential and Selective Portfolios?
Replies: 12
Views: 292

Re: Has anyone had any experience with TD Essential and Selective Portfolios?

Where do you have other retirement or taxable investments? I don't think you should use the management here because they will probably charge you a fee and put you into a bunch of high-expense ratio funds as well. Buy low cost index funds at Vanguard, Fidelity, or Schwab, or get out of managed funds...
by BL
Fri Apr 05, 2019 12:17 pm
Forum: Personal Investments
Topic: Leaving First Command Tax Repercussions
Replies: 28
Views: 2047

Re: Leaving First Command Tax Repercussions

Edited above to explain acronyms.
by BL
Fri Apr 05, 2019 11:54 am
Forum: Personal Investments
Topic: Rolled IRA from Ameriprise to Vangaurd...Now what?
Replies: 7
Views: 601

Re: Rolled IRA from Ameriprise to Vangaurd...Now what?

They need to have something they are comfortable with. If you are unsure, they may not be comfortable. When you have learned more, they will probably be fine with you managing things when you are more familiar with investing. Once they decide what % bonds (AA) the fund to choose, either single or 3-...
by BL
Fri Apr 05, 2019 1:42 am
Forum: Personal Investments
Topic: Leaving First Command Tax Repercussions
Replies: 28
Views: 2047

Re: Leaving First Command Tax Repercussions

Thank you again everyone! I've finally found the one line with the unrealized capital gain, and it is -16k, so taxwise we're good, lol. It's negative for both long term and short term capital gains. I've set up an account with USAA to transfer the money into, and am preparing to liquidate and trans...