Search found 7232 matches

by BL
Wed Oct 18, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Mechanics of rebalancing a four fund portfolio
Replies: 10
Views: 776

Re: Mechanics of rebalancing a four fund portfolio

If you post what you have in all of your accounts, you may get some good advice on simpler ways to do the rebalancing overall. My (not experienced with rebalancing or brokerage platform) comments are: Can you adjust 401k to handle most rebalancing? What are your triggers for rebalancing? How often d...
by BL
Tue Oct 17, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Help w/ parents investments
Replies: 22
Views: 836

Re: Help w/ parents investments

If they are readers, how about some good retirement books?
How to make your money last Jane Bryant Quinn
(also good as a reference for particular topics.)

Bogleheads' Guide to Retirement

Have they asked for your advice? They are "not old" according to me (old), and they have done well.
by BL
Mon Oct 16, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Finally got wife to invest - Roth IRA allocation?
Replies: 3
Views: 302

Re: Finally got wife to invest - Roth IRA allocation?

Is the bond % appropriate for your AA in the Target Date fund? No one says you have to pick that particular date.

You would need to tell what else you both have in order to get good replies. See "asking Portfolio Questions" at top of section.
by BL
Sun Oct 15, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: The theory seems irrelevant. How does one execute?
Replies: 23
Views: 1599

Re: The theory seems irrelevant. How does one execute?

A quick thorough read of this pdf will help you get started. It is a wonderful nutshell of all you need to know to get started: https://www.etf.com/docs/IfYouCan.pdf He suggests the 3-fund portfolio which is also recommended here. An alternative could be a single balanced fund at Vanguard such as Ba...
by BL
Sun Oct 15, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Questions - Please Help
Replies: 24
Views: 1349

Re: Medicare Questions - Please Help

I don't think dental and vision should be the only thing to consider here. It is a different system, with some advantages and some disadvantages and they seem to vary by state. Did you get the booklet, Medicare and You, 2018?
by BL
Fri Oct 13, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with family financial situation - sheltering money / medicaid
Replies: 22
Views: 2094

Re: Need help with family financial situation - sheltering money / medicaid

Unsure of dad's VA benefits qualifications (we have been told that with his serving in Vietnam, Parkinson's is a presumptive disease that may entitle him to additional VA benefits / payments) - this is being worked on by my mom This may be critical to get the right info on and action may be require...
by BL
Thu Oct 12, 2017 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Canceling Fidelity Portfolio Advisory Service
Replies: 27
Views: 1933

Re: Advice on Canceling Fidelity Portfolio Advisory Service

Here is a link to definition of Capital Gains (CG): http://www.investopedia.com/terms/c/capitalgain.asp Capital gains would be the difference between the cost of buying and the selling price of the fund. Each purchase, including reinvesting dividends and distributed CGs, is in the cost of buying. Th...
by BL
Wed Oct 11, 2017 5:45 am
Forum: Personal Consumer Issues
Topic: Moving Stroke Victim Out of State
Replies: 23
Views: 1976

Re: Moving Stroke Victim Out of State

I have no advice but want to wish you the best in this difficult journey.
by BL
Wed Oct 11, 2017 5:36 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Canceling Fidelity Portfolio Advisory Service
Replies: 27
Views: 1933

Re: Advice on Canceling Fidelity Portfolio Advisory Service

It sounds like a taxable account, so there will be taxes on capital gains when you sell. Are you aware of the amount of gains? You may have short-term gains if you have held some under 1 year, plus long-term CG on whatever is held longer. I suggest you figure it out first so you know how much tax yo...
by BL
Tue Oct 10, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Retirement Portfolio Help
Replies: 5
Views: 594

Re: Personal Retirement Portfolio Help

You won't find much encouragement for buying individual stocks here. Here is a short read you might like by a recommended author that puts suggestions in a nutshell. The 3 funds are often recommended here, with bond funds preferred in tax-advantaged accounts, so the equity funds would be great for a...
by BL
Sun Oct 08, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: I could use some advice on my IRA situation. Not sure what to do.
Replies: 15
Views: 1349

Re: I could use some advice on my IRA situation. Not sure what to do.

There is a lot of good reading here, but here is a quick great pdf booklet to get you started: https://www.etf.com/docs/IfYouCan.pdf Agree that you could transfer your IRA (have you destination brokerage handle it) to a much lower-cost brokerage with ERs of <0.20%. The 3-fund portfolio above is fine...
by BL
Sun Oct 08, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Investments/Advisor
Replies: 14
Views: 1004

Re: Investments/Advisor

If you feel you need an adviser, perhaps consider Vanguard PAS for a lower annual cost (0.3%) and a portfolio of low-ER index funds (0.04% to perhaps 0.15%) with no risk of being talked into other expensive funds or insurance products. In other words, acting as your fiduciary, rather than selling yo...
by BL
Sat Oct 07, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Options in Fidelity Brokerage Account
Replies: 15
Views: 795

Re: Help with Options in Fidelity Brokerage Account

I would consider total US and total international funds in your preferred ratio (maybe 10-50% Int., or 20-40% more commonly suggested.) These don't generally distribute CG, and most of the modest dividends are qualified and taxed at CG rates. There should also be a foreign tax credit if it is anythi...
by BL
Sat Oct 07, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k Fund Selection for Small Business
Replies: 5
Views: 320

Re: Help with 401k Fund Selection for Small Business

In my opinion there are already too many funds offered for a 401k. The 401k already offers 19 funds plus the money market fund and target retirement series. I believe there is research indicating that a large number of fund choices induces confusion and hesitation to invest. My own idea of a good 4...
by BL
Sat Oct 07, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Combining spouses separate accounts into one joint account. Any downsides?
Replies: 19
Views: 1406

Re: Combining spouses separate accounts into one joint account. Any downsides?

I have wondered if there would not be an advantage for step-up reasons upon death of one person. Survivor would inherit one account with full step-up and could sell without tax on gains. Not sure if it would be worth the effort to deliberately do it, but if it was set up, I might be tempted to leave...
by BL
Sat Oct 07, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: Simple Notebook/laptop
Replies: 58
Views: 3024

Re: Simple Notebook/laptop

I have had a Samsung Chromebook for a number of years, maybe 5. I am very pleased with it, and only now thinking of a replacement, either cheap or top of line ASUS or Samsung. Right now I have 13 tabs open with no problem (mostly Facebook links). If you don't care about CD/DVDs it should be fine. I ...
by BL
Sat Oct 07, 2017 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Rollover 401(k) to Roth IRA. Which company?
Replies: 15
Views: 851

Re: Rollover 401(k) to Roth IRA. Which company?

I would suggest Vanguard as they have excellent balanced funds that require no effort on your part, since you sound like you may lack confidence at this point. Decide what % stocks/bonds you need and find a Life Strategy, Target date fund, or Balanced funds that suits your needs. You could also go w...
by BL
Sat Oct 07, 2017 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Transferring Roth IRA from American Funds to Vanguard
Replies: 3
Views: 333

Re: Transferring Roth IRA from American Funds to Vanguard

Vanguard Brokerage doesn't charge additional fees for a purchase, sale, or exchange of any load fund offered through our program. from https://investor.vanguard.com/investing/trading-fees-commissions So Class A (front-load) funds should have no cost to sell at Vanguard (ask them!) However there are...
by BL
Fri Oct 06, 2017 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional for RMD's & Tax Diversification
Replies: 30
Views: 1301

Re: Roth vs. Traditional for RMD's & Tax Diversification

Are you each putting in the maximum allowed 18k/yr into 401k + employer puts additional amount in? If you have no (non-Roth) IRAs, you can contribute 5500/yr each to a Roth IRA. See "backdoor Roth" in Wiki. Does your employer have provisions for your adding additional savings that can be transferred...
by BL
Fri Oct 06, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another pension thread -- take partial lump sum w/reduced annuity or normal annuity?
Replies: 34
Views: 2308

Re: Yet another pension thread -- take partial lump sum w/reduced annuity or normal annuity?

Take the pension as an annuity. You can sleep at night. So, I'm the OP and figured I'd come back and report on my decision. I decided to go with the straight annuity, 100% survivor option. It just seemed like the easier way to go, and I'm comfortable with the decision. And I liked your comment abou...
by BL
Wed Oct 04, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance is enough?
Replies: 11
Views: 1014

Re: How much term life insurance is enough?

I think it is reasonable and should be cheap if you go to an INDEPENDENT agent to shop various companies for a good TERM insurance with a well-rated company for 20-30 years. It is possible but unlikely that your affiliated company is a good price. Check term4sale.com for a quick check on what is ava...
by BL
Wed Sep 27, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Charitable [Distributions] from Vanguard
Replies: 12
Views: 812

Re: Qualified Charitable Deductions from Vanguard

They told me they are required to ask. Not sure if it was IRS or V that required it.
by BL
Wed Sep 27, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: I'm shocked! [Mother 100% in bonds and annuities]
Replies: 67
Views: 6353

Re: I'm shocked!

I would agree that she is doing fine. Do you suppose one of the reasons she brought you into this was to let you see that you stand to inherit and maybe you should start educating yourself? You have come to the right place for that, and might want to read a recommended book or two and do some readin...
by BL
Wed Sep 27, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Qualified Charitable [Distributions] from Vanguard
Replies: 12
Views: 812

Re: Qualified Charitable Deductions from Vanguard

I have been calling V and doing up to 6 QCDs at a time. Each is recorded and read back to me, and they ask if tax should be withheld (no!) for each one IIRC. It would be quicker and easier to do fewer at a time. I am satisfied that it works just fine. We copy and mail off the checks after receiving ...
by BL
Wed Sep 27, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Restructuring investments across accounts for changed income, gift & tax situation
Replies: 4
Views: 244

Re: Restructuring investments across accounts for changed income, gift & tax situation

It sounds like you may be putting money into Roth frequently. Could you use this boost to put it in at beginning of year? That would leave only dividends to watch, and dividends could go into a money market or another fund until you decide to reinvest in the same fund. S&P500 + Extended Market = Tot...
by BL
Wed Sep 27, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Restructuring investments across accounts for changed income, gift & tax situation
Replies: 4
Views: 244

Re: Restructuring investments across accounts for changed income, gift & tax situation

Holding both TSM and TISM in taxable isn't ideal going forward - it causes huge complications with tax loss harvesting and wash sales. I need to pick one. Why? This gives you 2 possibilities to TLH instead of one. Pick a "partner" for each. You would have to watch for dividends and purchases of sam...
by BL
Tue Sep 26, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with bad 401(k) fund choices
Replies: 18
Views: 1053

Re: Help with bad 401(k) fund choices

I am still confused by how much you have invested in retirement funds. You are allowed 18k in 401k + employer contribution + 5500 in an IRA. Are you paying for management? It was good advice to fill 401k before taxable and probably Roth. Of course we have no clue what your tax bracket is. Does your ...
by BL
Mon Sep 25, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Needing a little guidance!
Replies: 16
Views: 1431

Re: Needing a little guidance!

You now have the ability to invest in yourself, if you have any desire and ability to get training or education in another field that may pay better.

If you are not reporting income, that is illegal and could get you into serious trouble.

I recommend editing your original post.
by BL
Sat Sep 23, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Need $$$; tap my taxable acct or my IRA?
Replies: 12
Views: 646

Re: Need $$$; tap my taxable acct or my IRA?

If your 10k CG doesn't bump you above the 15% tax bracket, there should be 0% tax on your CG.
I would take it from taxable rather than IRA.

Don't you have any emergency funds? I would try to have some available somehow.
by BL
Sat Sep 23, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Move 401(k) to IRA after retirement?
Replies: 27
Views: 1891

Re: Move 401(k) to IRA after retirement?

I am at a dilemma; with the new DOL rules, an IRA has to be the Advisory type of account where you pay management fees on a regular basis. At least that is what I understand the rules to me. Fidelity seems to have the best rates for managing money that I have checked into. Entirely incorrect. I rol...
by BL
Sat Sep 23, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Needing a little guidance!
Replies: 16
Views: 1431

Re: Needing a little guidance!

You have received good suggestions here. Take your time to make important decisions. If you decide you need management, consider Vanguard's PAS, 0.3% AUM, about the lowest cost you can find, and they will not sell you on anything but low-expense ratio (ER) funds. There may be other places but you ri...
by BL
Sat Sep 23, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Large inheritance -questions to ask potential advisors
Replies: 27
Views: 2643

Re: Large inheritance -questions to ask potential advisors

Good idea to pay off the house. Assuming this was an inheritance (not some trust with your name on it a long time), there should be a step-up in basis at time of death, so there would only be long term capital gains from the day of death. If not prepared to sell all, consider selling as much as you ...
by BL
Fri Sep 22, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Please check my thinking - wife's high -fee 403b
Replies: 8
Views: 570

Re: Please check my thinking - wife's high -fee 403b

Also check to see if your state offers a 457 plan. It just might have cheaper alternatives.

Did you check every available fund in the 403b and are there other companies available?
by BL
Fri Sep 22, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Advice - Military
Replies: 13
Views: 783

Re: Investing Advice - Military

The Wiki has a good page on military finances: https://www.bogleheads.org/wiki/Military_finances You could use Target date funds for both Roth IRA and Roth TSP. TD funds may not be as tax-efficient as Vanguard's Total Stock Market and Total International Stock Market for your taxable account. TSP ha...
by BL
Thu Sep 21, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24029

Re: I won the Lottery. Need sound advice.

Glad to hear you are determined to do this right! Here is a 16-page free booklet (pdf) that I suggest both you and your spouse read soon. It is written by a recommended author, Dr William Bernstein, a Boglehead, for his young adult kids. It is short but packed with great information and suggests oth...
by BL
Tue Sep 19, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, First Time Investing, How-To
Replies: 21
Views: 1597

Re: New Job, First Time Investing, How-To

Since Saver's Credit is mentioned, I will add this for eligibility:
You can’t have been a full-time student during some part of any five calendar months in the tax year.

You can’t be claimed as a dependent on another person’s return.
by BL
Mon Sep 18, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investment and Portfolio Advice
Replies: 8
Views: 901

Re: Investment and Portfolio Advice

Yes, dividends will be taxed unless you mean municipal bonds. However, qualified dividends will probably be at 15% tax and Vanguard Total Market funds haven't been giving off any Capital Gains until you sell them. If you have other funds, some may also give off more dividends and also CGs even if yo...
by BL
Sun Sep 17, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, First Time Investing, How-To
Replies: 21
Views: 1597

Re: New Job, First Time Investing, How-To

You seem to be pretty good at math so compare $ between 0.08% and 0.13% for the amount you will contribute in a year, for example. I think you would find it pretty insignificant, and could stick with other reasons for your fund choices. Maybe when you get to 6 digits it will start being somewhat mea...
by BL
Sun Sep 17, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, First Time Investing, How-To
Replies: 21
Views: 1597

Re: New Job, First Time Investing, How-To

You did a fine job picking those 2 funds. A Target fund would be fine as well. Just pick one close to the bond % you choose. Here is a great starter booklet you might like: https://www.etf.com/docs/IfYouCan.pdf You have until April to fund your Roth IRA at a low-cost brokerage like Vanguard or Fidel...
by BL
Sat Sep 16, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investment and Portfolio Advice
Replies: 8
Views: 901

Re: Investment and Portfolio Advice

Putting money into a tax-efficient fund shouldn't do much to your taxes. Total Stock Market kicks off maybe 2% mostly qualified dividends, which are taxed at CG rates, probably 15%. Total International might be similar, with a small credit for international taxes paid. If you need bonds in taxable, ...
by BL
Sat Sep 16, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Selling Mom's condo and capital gains tax after a multi-year absence
Replies: 14
Views: 1321

Re: Selling Mom's condo and capital gains tax after a multi-year absence

This may not affect things much, but she should be able to get a medical deduction on her taxes for needed assisted living costs, which might counteract some of the CG.
by BL
Sat Sep 16, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Good flat-fee financial advisors in Boston suburbs?
Replies: 13
Views: 1376

Re: Good flat-fee financial advisors in Boston suburbs?

I would give Vanguard a call and ask what advice they can give for investing without PAS, which might be a reliable alternative anyway for some or all of her unknown amount. I don't know what services are available based on the amount invested there at the 1 million level for instance. I do have an ...
by BL
Tue Sep 12, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Tips on helping spouse feel that we are truly FI?
Replies: 18
Views: 1539

Re: Tips on helping spouse feel that we are truly FI?

budgeting another $10K for health care
Somehow this sounds low to me for 4 people, while health care is in flux.
by BL
Mon Sep 11, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2062

Re: did I make a mistake funding a traditional IRA?

Not sure if you have all the facts here. Please run it through a tax program to find out what it would be and what a change would do. https://www.irs.gov/newsroom/save-twice-with-the-savers-credit Save on taxes. The saver’s credit can increase your refund or reduce the tax you owe. The maximum credi...
by BL
Sun Sep 10, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3468

Re: Should I do 20 or 25 Year Term Life Insurance?

Sorry to deviate off the OPs topic, but what is the best way to find a company and a policy. I am looking for 20 year term at $1mm as well. Thanks BV Have a local INDEPENDENT insurance agent shop several companies for the best policy. Check term4sale.com to get an idea of costs. I believe you can g...
by BL
Sun Sep 10, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Preparing To Adjust 401k To Three-Fund Portfolio
Replies: 11
Views: 958

Re: Preparing To Adjust 401k To Three-Fund Portfolio

I wanted to adjust my 401k portfolio into something a bit more conservative as all my assets are US stocks. Does this mean you have other investments? All of your portfolio should be considered together for AA, starting by using the best in 401k and filling in elsewhere with what else is needed. If...
by BL
Sat Sep 09, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing To Adjust 401k To Three-Fund Portfolio
Replies: 11
Views: 958

Re: Preparing To Adjust 401k To Three-Fund Portfolio

Going from 0% to 30% bonds is pretty extreme and quite conservative. I might consider 20-25% to start, while researching the subject. Do they have anything offered below 0.5% ER? Do they have any S&P500 index funds? Look for the word index in the name. Also, many don't know tickers, so name as well ...
by BL
Sat Sep 09, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 30
Views: 2944

Re: Clueless on taxes but have luxury of both 403b and 457 space

I believe you have to add depreciation back into cost basis when you sell. See a good tax person.
by BL
Sat Sep 09, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 30
Views: 2944

Re: Clueless on taxes but have luxury of both 403b and 457 space

I assume you have a tax preparer since you say you don't know much about taxes. I would encourage you to visit this (or other CPA or enrolled agent) person ASAP to figure out the tax consequences before the end of the year in case there is something you can do this year to take advantage of it (assu...
by BL
Sat Sep 09, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor, with a side of Betterment?
Replies: 13
Views: 857

Re: Vanguard Personal Advisor, with a side of Betterment?

I don't see any advantage. Yes, you could run into wash sale issues. You could simplify on your own with 3-fund portfolio or Life Strategy funds in tax-advantaged and Total US/ Total International in taxable (muni if you prefer some bonds there and are in higher tax bracket.) Many don't bother with ...