Search found 7991 matches

by BL
Tue Jun 19, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Fund Yield reached 1.99% today
Replies: 3
Views: 574

Re: Vanguard Prime Fund Yield reached 1.99% today

I am impressed.

Is the monthly dividend/interest based on how many days you owned the fund in the past month?
by BL
Tue Jun 19, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 752

Re: Arrangements for spouse to manage investments on death

Here is a book to use as a reference, not necessarily read at one sitting. It might come in handy for various personal finance subjects now and later: https://www.amazon.com/Make-Your-Money-Last-Indispensable/dp/1476743770 Jane Bryant Quinn writes for AARP and other magazines so she might even be fa...
by BL
Tue Jun 19, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 21
Views: 1951

Re: Value of a Military Retirement

It does sound more like a lifestyle choice than a financial choice, as you should have "enough" no matter which way you choose. It is possible that you would have more lifestyle financial pressure to "live like a doctor" in civilian life; in that case you might need more income to maintain that life...
by BL
Mon Jun 18, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 34
Views: 1924

Re: "distilled" water for wife's CPAP machine

Agree that you want to keep it as clean as possible and certainly not use old distilled water. There is no point in increasing the risk of pneumonia. If you must, you could probably collect the leftover water to use in steam cleaners, humidifiers, steam irons, etc., where the vapor doesn't go direct...
by BL
Mon Jun 18, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Having a hard time pulling the trigger...
Replies: 25
Views: 2331

Re: Having a hard time pulling the trigger...

That's actually a great idea about changing the TD fund in my 401k, BL. Pretty much the only bond fund I have access to in my 401k is Fidelity investment grade bond (FBNDX) which has decent returns but the ER is .45%. Not terrible but not great either. I could pull some money out of the 2040 fund i...
by BL
Mon Jun 18, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Having a hard time pulling the trigger...
Replies: 25
Views: 2331

Re: Having a hard time pulling the trigger...

There is nothing to keep you from switching everything in your 401k to a nearer date Target fund with more bonds. The date is not important, only the bond %. The bond purchase is also an option if you like. This could be done to balance total stock in taxable. There is a tax-managed balanced fund at...
by BL
Mon Jun 18, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Having a hard time pulling the trigger...
Replies: 25
Views: 2331

Re: Having a hard time pulling the trigger...

If you have no tIRA assets currently, read up on a back-door Roth. Got any International exposure? If you’re concerned, I’d invest it all now and maintain your 70/30 allocation. +1 What are your current investments invested in? (401k, IRA, Roth IRA, etc.) Follow your AA (ratio of stocks to bonds if...
by BL
Mon Jun 18, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: One handed Android phone?
Replies: 38
Views: 1567

Re: One handed Android phone?

Another option is adding a popsocket to any phone. I personally don't like how it looks, but it makes one handed use a lot easier. +1 They really are handy for good grip, but also collapse to a slim profile. Available for about 10 bucks, more or less. I have smallish hands and a Moto G5 Plus bought...
by BL
Mon Jun 18, 2018 1:23 am
Forum: Investing - Help with Personal Investments
Topic: Please help with RMDs and asset allocation
Replies: 9
Views: 1033

Re: Please help with RMDs and asset allocation

If both trad. and Rollover IRAs are in your name, you could combine them for simplicity. If it just gets too difficult to think about, you could always exchange the individual funds in your IRA for a balanced fund of similar bond percentage, for example a Life Strategy Conservative, if that is close...
by BL
Sun Jun 17, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5070

Re: Young and rich

https://www.bogleheads.org/wiki/Managing_a_windfall
Read about windfalls first of all.
by BL
Sun Jun 17, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of using CPA for taxes
Replies: 27
Views: 3195

Re: Benefits of using CPA for taxes

As for saver's credit, I recommend you always save at least 2000 per person in a retirement account even if you don't qualify. Retirement sneaks up on us whether or not we are ready for it, and it sounds like you have barely gotten started. Perhaps you are investing in business or real estate, but i...
by BL
Fri Jun 15, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: Long Weekend in November - NOLA, Austin, Other
Replies: 26
Views: 1215

Re: Long Weekend in November - NOLA, Austin, Other

Since you mentioned Veterans Day, the World War II museum in NOLA is great. Lots of things to see and do all over. Pedicab was fun while getting us where we wanted to be. Great food. Street car was a nice way to get places as well, but it may not cross into French Quarter.
by BL
Thu Jun 14, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: Recommendations for specific "Boglehead-like" podcast episodes (for elderly mother)
Replies: 19
Views: 1415

Re: Recommendations for specific "Boglehead-like" podcast episodes (for elderly mother)

Please follow her cues and don't bore her to death with this. I could be in her place in a few years and I just might hate it, and I am interested in the subject! Just talking about you and your family or asking about family history could be so worthwhile. Maybe give her Jane Bryant Quinn's How to M...
by BL
Thu Jun 14, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up 300k Ira. ..
Replies: 13
Views: 580

Re: Setting up 300k Ira. ..

Agree that if adviser is desired, Vanguard PAS (0.3%/yr AUM) should be checked out. They will tell you exactly what they suggest, may have a bit of flexibility, are easy to quit, and won't lead you astray like some advisors salespeople might do by selling you high-cost funds or other products that b...
by BL
Wed Jun 13, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1490

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

3. She needs the commission from selling you the IUL to fund her kid's college.

It is a very costly way of "investing". Money in a 529, Roth IRA, or a regular brokerage account might make more sense.
by BL
Tue Jun 12, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 78
Views: 5395

Re: Anyone with a paid off house drop homeowners insurance

Never. Do you also have umbrella policy?
by BL
Tue Jun 12, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Need Investment Advice! Continue with Raymond James or Swap to Vanguard!
Replies: 20
Views: 1455

Re: Need Investment Advice! Continue with Raymond James or Swap to Vanguard!

I really think Vanguard PAS would be ideal for her. She is used to having someone to consult with, and I fear some other brokerage might take advantage of that to sell her expensive products (maybe not as bad as current one sounds). At least she could call PAS, with current holdings list in hand, an...
by BL
Mon Jun 11, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Which 401k bond fund: Advise
Replies: 6
Views: 332

Re: Which 401k bond fund: Advise

Some folks have a fixed income option as well in their 401k. If the rate is decent, that might hold steady while bonds fall as interest rates increase for your relatively short duration there. Not saying that is the way to go, but worth checking as some give 3+% interest rates.
by BL
Sun Jun 10, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 56
Views: 6513

Re: Large inheritance -- looking for advice

- I will definitely do some research on Vanguard's Personal Advisor service -- that's quite a bit less than other active managers. It would still be a pretty big chunk of money, though (unless I have them set it up and then drop the service). Yes, exactly. Vanguard is very good about letting you dr...
by BL
Sun Jun 10, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Investing some of mom's money,
Replies: 31
Views: 2002

Re: Investing some of mom's money,

mouses wrote:
Sun Jun 10, 2018 8:10 am
I'm worried that your parents' taxes might be a mess, if your Mom does not even know where all her accounts are.
+1
Or she may have the info with her tax return material, if she collected the letters she received back in January and brought them all to the tax preparer.
by BL
Sun Jun 10, 2018 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Help with IRA eligibility question
Replies: 23
Views: 1357

Re: Help with IRA eligibility question

If we are only allowed one tsp to roth currenty, my best bet is transferring a good amount to an IRA and converting as affording. Maybe that will change when the new rules come into play. I am still working prn and have enough compensation to make full contribution but not for 2018(already did max ...
by BL
Sat Jun 09, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help with IRA eligibility question
Replies: 23
Views: 1357

Re: Help with IRA eligibility question

You seem to be in a hurry to contribute to your Roth (or trad. IRA) before you have actually worked enough for the year. Are you aware that you have until Tax Day the following year to contribute money to the Roth IRA for the current year? If you wait until you know whether and how much you can cont...
by BL
Sat Jun 09, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Help with my options for 401K: Pick low ER target date fund or 3 fund?
Replies: 4
Views: 312

Re: Help with my options for 401K: Pick low ER target date fund or 3 fund?

I agree that the Target Date Fund is the way to go. If you need more bonds, choose a closer date. You have such low ERs in the choices you listed that I wouldn't bother to compare them. Even the Target fund is lower than you can buy at Vanguard. Have you read this great little pdf on investing, etc....
by BL
Sat Jun 09, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: New to investing and just got an inheritance
Replies: 22
Views: 1592

Re: New to investing and just got an inheritance

Good advice given! Take your time, most of it can wait a while. Selling the taxable funds soon and leaving in something like a money market or cash is a good idea to avoid more (Long Term) Capital Gains since date of death. You will need a specific name change on inherited Roths and tIRAs so be care...
by BL
Fri Jun 08, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing some of mom's money,
Replies: 31
Views: 2002

Re: Investing some of mom's money,

Have you read the Boglehead's Guide to Retirement and also their guide to investing? I also like Jane Bryant Quinn's How to make Your Money Last as a handy reference on various finance questions. A quick read for beginners is https://www.etf.com/docs/IfYouCan.pdf ,an excellent review and reference i...
by BL
Fri Jun 08, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1234

Re: tax loss worthwhile?

Yes, you must do that if you have the gains, even if taxed at 0%. You would do better to not have gains, so you can apply 3k to lower your income, and carry over any additional amounts. I expect to be in a higher tax bracket later, so will hold off on most TLH until then. (There are pros and cons). ...
by BL
Fri Jun 08, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with IRA eligibility question
Replies: 23
Views: 1357

Re: Help with IRA eligibility question

If your Jan 2018 contribution to Roth IRA was for 2018, then you are done contributing to IRAs for this year. This has nothing to do with opening a tIRA to accept some tTSP money for converting to Roth IRA or not. Just be prepared to pay the tax on converting to Roth. AFAIK, you can open an empty tI...
by BL
Fri Jun 08, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 56
Views: 6513

Re: Large inheritance -- looking for advice

I also agree on selling all inherited equities. It is fine to leave them in money market or other fixed income until you have had time to recover from your loss and then decide what you want to do. There is no need to rush this. I would trust advice from Vanguard and perhaps a few elsewhere but it i...
by BL
Thu Jun 07, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: which vanguard funds for my situation?
Replies: 7
Views: 524

Re: which vanguard funds for my situation?

Here is another great read for newer investors. The Target funds are similar to the 3 funds.
https://www.etf.com/docs/IfYouCan.pdf
by BL
Thu Jun 07, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Mea culpa - market-timing with REITs - what to do now?
Replies: 25
Views: 2808

Re: Mea culpa - market-timing with REITs - what to do now?

Maybe take about 6 months to think about what you want to stick with long-term, then take action and let it run. Sudden moves are not usually the best. This gives you time to read, think, and ponder about it.
by BL
Thu Jun 07, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2931

Re: Just added bonds to portfolio

You might consider adding I-Bonds for fixed income: no loss of principal and helps keep up with inflation:

https://treasurydirect.gov/indiv/indiv.htm
by BL
Wed Jun 06, 2018 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Helping A Parent Escape High Fees/Optimizing A Taxable Managed Account
Replies: 11
Views: 856

Re: Helping A Parent Escape High Fees/Optimizing A Taxable Managed Account

Sounds good. However, she probably can't add to IRA unless she or spouse is working, and there is also an age limit for IRA (not Roth IRA) contributions. If she needs money, she could sell equity funds in taxable and rebalance in IRA for lower tax cost. At age 70 1/2, she can do her QCD charitable g...
by BL
Wed Jun 06, 2018 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investment planning
Replies: 2
Views: 383

Re: Investment planning

Sounds like you are equipped to do anything you like!

Cut back and find your passion. Try a few things, spend on a luxury that really appeals to you, travel if you have that desire.
by BL
Wed Jun 06, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio assessment, beyond the target funds?
Replies: 8
Views: 521

Re: Portfolio assessment, beyond the target funds?

I like your Target fund as well. If not enough bonds, you can change the date. Large cap: 25% Vanguard Institutional Index Fund Institutional Plus (VIIIX) 0.02 12% Vanguard Total Stock Market Index Fund Institutional (VITSX) 0.035 5% Vanguard Primecap (VPMCX) 0.32 (maybe) Mid/small cap: 10% Fidelity...
by BL
Wed Jun 06, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Sister just Divorce after 38 years SS ?
Replies: 7
Views: 1076

Re: Sister just Divorce after 38 years SS ?

If she waits until FRA (full retirement age) she would probably get about half of his. But she must have worked if there is something under her name (40 quarters to qualify, AFAIK). She should get the facts correct so she knows. If she applies before FRA she will be applying for both hers and part o...
by BL
Tue Jun 05, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Which bridge to SS?
Replies: 8
Views: 874

Re: Which bridge to SS?

I agree that the highest SS person delay until age 70 for longevity insurance. The numbers are not as clear for the lower paid spouse. There was a free SS decision calculator mentioned here yesterday that might be useful for that decision (Oblivious Investor blog author.) Just mentioning that as a p...
by BL
Tue Jun 05, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Downsize due to tax law change?
Replies: 31
Views: 1688

Re: Downsize due to tax law change?

What are your other good reasons for downsizing? That should probably be the deciding factor. Would you and your family be happy in a cheaper house? There will be costs in switching places that you need to consider. Over time there may very well be savings which could lead to earlier retirement, gre...
by BL
Mon Jun 04, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: Thinking of a divorce - from Vanguard
Replies: 41
Views: 5406

Re: Thinking of a divorce - from Vanguard

AFAIK, Vanguard does not charge anything when you transfer out, unlike most of the other brokerages.

No need to stay if you are unhappy, but you might end up unhappy elsewhere, too.
by BL
Mon Jun 04, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help for consolidating funds for 68 yr old.
Replies: 6
Views: 665

Re: Help for consolidating funds for 68 yr old.

I agree that moving your funds to a single brokerage makes sense. We have almost everything at Vanguard. They also have the Prime Money Market which has decent returns considering ---. I recently put in some money and set up a checkbook to write $250+ checks on it. As we get older I think it is impo...
by BL
Mon Jun 04, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 11
Views: 1052

Re: Asset Allocation

Excellent choices! This is essentially the 3-fund portfolio that is popular around here. Not clear how much you are contributing, but I believe limit on total of 403b's is 18,500/year. Have you checked out "backdoor Roth" for those whose income exceeds the limit? May require some tweaking if you hav...
by BL
Mon Jun 04, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Reallocating within 401k - too much tinkering?
Replies: 3
Views: 209

Re: Reallocating within 401k - too much tinkering?

Everything is taxed at ordinary tax rates when you remove from account; buying and selling within account has no tax consequences now or later.
by BL
Mon Jun 04, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need some direction: 5K payout in July....towards loans or Roth?
Replies: 18
Views: 931

Re: Need some direction: 5K payout in July....towards loans or Roth?

I would think of the Roth as a secondary emergency fund- but only for serious emergencies!

Getting over 6% payback by paying off loan is a great return.
by BL
Mon Jun 04, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Getting started with Non-retirement account
Replies: 15
Views: 1061

Re: Getting started with Non-retirement account

Suggest you list your spouse's 401k choices to get help in choosing. Even one good one, for example a S&P500 fund, might be available.

What other fees?
by BL
Mon Jun 04, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Helping A Parent Escape High Fees/Optimizing A Taxable Managed Account
Replies: 11
Views: 856

Re: Helping A Parent Escape High Fees/Optimizing A Taxable Managed Account

She doesn't have to have a managed account at USAA charging her 1% AUM. She should bail from that immediately. USAA will broker and hold investments without charging a management fee if she doesn't agree to it. You can't even get that happening unless she had asked for it or at least agreed with so...
by BL
Mon Jun 04, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Should I use an HSA?
Replies: 15
Views: 1395

Re: Should I use an HSA?

Sounds like you need to seriously compare the policies and also see what doctors are available, as well as compare the financials.

AFAIK, you avoid SS taxes on HSA as well as other taxes. This might not be good if low income due to much lower SS payments in future.
by BL
Mon Jun 04, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Just realized that our MFs have high expense ratios
Replies: 28
Views: 2825

Re: Just realized that our MFs have high expense ratios

Again, we have other holdings in the taxable account, I've only listed the mutual funds here, and the percentage shown in the percentage of the mutual fund component of the taxable account, not of the entire account. It seems like showing only a part of your account is misleading and not helpful fo...
by BL
Sat Jun 02, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Laptop privacy screen covers - recommendations ?
Replies: 8
Views: 334

Re: Laptop privacy screen covers - recommendations ?

jebmke wrote:
Sat Jun 02, 2018 10:32 am
BL wrote:
Sat Jun 02, 2018 10:27 am
I know some libraries were using/looking for them back in late 1900's at least.
Right after the Panic of 1907
:D How about 1997 or later?
Not many use public computers any more, so it really was the "olden days" of computers.
by BL
Sat Jun 02, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Need Help With My Government 457 plan costs
Replies: 9
Views: 569

Re: Need Help With My Government 457 plan costs

With a probable pension, some Roth might make sense, otherwise tax advantage of traditional wins. Still you have a long time until retirement, so knowing the future is a bit cloudy. Depending on state you retire in, state taxes may not exist for retirement accounts. Here is the Wiki on the two choic...
by BL
Sat Jun 02, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Laptop privacy screen covers - recommendations ?
Replies: 8
Views: 334

Re: Laptop privacy screen covers - recommendations ?

No experience but Amazon.com seems to have a variety of recommended ones: https://www.amazon.com/s/ref=nb_sb_ss_i_2_17?url=search-alias%3Dcomputers&field-keywords=privacy+screen+14+laptop&sprefix=privacy+screen+14%2Ccomputers%2C182&crid=261PJRVUIM4FM I know some libraries were using/looking for them...
by BL
Fri Jun 01, 2018 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Need Help With My Government 457 plan costs
Replies: 9
Views: 569

Re: Need Help With My Government 457 plan costs

More info would be useful: your age, tax bracket, years until planned retirement, what % fixed income do you want? I see there is about 40% fixed in the first and about 10% in the next. It sounds like you have some alternatives in between these two. What do the others look like? A "rule of thumb" mi...