Search found 8173 matches

by BL
Mon Aug 20, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 963

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

Dr Bernstein has written an excellent 16-page pdf for new investors. It is a great review for all of us:
https://www.etf.com/docs/IfYouCan.pdf
by BL
Sun Aug 19, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for 86 year old
Replies: 8
Views: 602

Re: Asset Allocation for 86 year old

I believe you can buy CDs at V brokerage.

V Prime MM pays over 2% now.
by BL
Sun Aug 19, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: 401K rollover time allowed
Replies: 7
Views: 387

Re: 401K rollover time allowed

Those 3 brokerages probably all accept company stock and 401k, so why not use same company? Hopefully your company stock is not a large % of your portfolio, or you might want to sell some.

Make your decision and move ASAP.
by BL
Sat Aug 18, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Credit Card Fraud - $30K
Replies: 46
Views: 3806

Re: Credit Card Fraud - $30K

Perhaps you should go to annual credit.com to get free complete copies of your credit reports (not scores):
https://www.annualcreditreport.com/index.action
by BL
Sat Aug 18, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to raise cash to pay living expenses in near term (nine months)?
Replies: 32
Views: 1700

Re: How to raise cash to pay living expenses in near term (nine months)?

Don't know that it is something I would do, but rolling over part of an IRA to another location allows a 60-day window in which to complete the transaction, so the funds could be used within that <60-day period. This could work from early April to the May date of your CD maturing. If something goes ...
by BL
Sat Aug 18, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: tIRA bond fund(s)
Replies: 13
Views: 674

Re: tIRA bond fund(s)

I am not aware of any costs buying or selling Vanguard funds at V. If you have low $ amounts, get e-statements to avoid low-amount charges. No other charges that I am aware of except for work plans. Sounds like you are not sticking to AA if going from bond to stock with no counter-balancing somewher...
by BL
Sat Aug 18, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Elderly Relative Short on Money
Replies: 92
Views: 7070

Re: Elderly Relative Short on Money

Sorry to hear about this situation. I can understand you not wanting to have her work at a minimum-wage job. But if she provides you with great housekeeping and child care services, I think you should pay her the market value for her services. Otherwise I would start to fund a separate account for ...
by BL
Fri Aug 17, 2018 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA, Rollover IRA, Roth 401k dilemma
Replies: 7
Views: 513

Re: Roth IRA, Rollover IRA, Roth 401k dilemma

I would follow through with this plan to clean out the tIRA. Then I would change to t401k from now on, or at least enough of it to make sure you don't need to do a backdoor Roth. Maybe wait until you have W-2 in hand to be sure of your income, then contribute to Roth IRA. At some point, your income ...
by BL
Fri Aug 17, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: How much contribute to a Roth account for dependent kid?
Replies: 4
Views: 340

Re: How much contribute to a Roth account for dependent kid?

He should get a W-2 in January with wages. I might wait if in doubt.
by BL
Fri Aug 17, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Helping mother-in-law after her husbands passing
Replies: 20
Views: 1315

Re: Helping mother-in-law after her husbands passing

This sounds like a very stressful time for her and everybody. It is usually suggested that folks do not make major decisions for about a year after a death. That might be especially important here. Do what must be done, gather info, try to delay other things. Selling is stressful, cleaning out a hom...
by BL
Fri Aug 17, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA bond fund(s)
Replies: 13
Views: 674

Re: tIRA bond fund(s)

Equities in Roth, bonds in tIRA. Just don't know in the tIRA portion if the Total Bond Index Fund (which most people here seem to like) works for withdrawals in the near future, or if I need to add a shorter term bond fund to draw from. Perhaps you could switch some to Prime Money Market, and possi...
by BL
Fri Aug 17, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: left advisor, overwhelmed
Replies: 8
Views: 1439

Re: left advisor, overwhelmed

If you decide to move to Vanguard, I would ask them for portfolio advice. With your large portfolio, they may be willing to help you to some extent. I would be cautious to ask for advice at other brokerages, as they may be looking out for themselves and maybe commissions. If you know exactly what yo...
by BL
Fri Aug 17, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA bond fund(s)
Replies: 13
Views: 674

Re: tIRA bond fund(s)

I would consider moving the equity funds like total US and total International to get the highest expected returns in Roth and keep bonds in tIRA.

Don't know what bonds you have, or whether it would matter. You can change things around in either account with no tax worries when buying and selling.
by BL
Fri Aug 17, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor Dumped, Now How to Best Simplify
Replies: 18
Views: 1861

Re: Advisor Dumped, Now How to Best Simplify

Hopefully you can get low-Expense Ratio (ER) funds wherever you are. V,S,F all have some low ER index funds such as those in the Wiki page for 3-fund portfolio:
https://www.bogleheads.org/wiki/Three-fund_portfolio
by BL
Fri Aug 17, 2018 12:51 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 22
Views: 1589

Re: How Best to Utilize Permanent Life Insurance Upon Retirement

I believe the company is required to give you an "in-force Illustration" with the guaranteed numbers if you ask for it. Google that to get more info. Then you would have more information to help in making a decision. There has been a person mentioned that you can hire to analyse it for you for maybe...
by BL
Thu Aug 16, 2018 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Roth or Traditional 401k? + Roth IRA
Replies: 4
Views: 362

Re: Roth or Traditional 401k? + Roth IRA

I tend to think that using traditional makes more sense if you are not filling 401k and Roth IRA completely, especially if you are above the 12% tax bracket and don't expect a sizable pension or high professional income. Anyway, here is a Wiki page on the subject, written by very qualified Boglehead...
by BL
Thu Aug 16, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor Dumped, Now How to Best Simplify
Replies: 18
Views: 1861

Re: Advisor Dumped, Now How to Best Simplify

If these are all in taxable, and there is a net loss, I don't see any problems. You will end up having the loss subtract from your AGI. There is no reason to hang onto them. If some have been sold earlier this year, that should be considered as well. There may be some cost in selling a stock or fund.
by BL
Thu Aug 16, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help with rollover into IRA and future retirement plans
Replies: 49
Views: 2800

Re: Help with rollover into IRA and future retirement plans

I just wanted to comment that I don't understand contributing to a Roth 401k vs. traditional tax-deductible 401k when you are not contributing the maximum possible. It will lower your tax so you will have more money to contribute now instead of paying more tax now. I agree that it might be a good c...
by BL
Wed Aug 15, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: FIRE within 5 years with high income?
Replies: 9
Views: 2047

Re: FIRE within 5 years with high income?

AFAIK, Balanced has no International, and Int has not done as well lately, so it could be due to that. Who knows about the future. I think it is a good fund with a low ER.

Search Wiki for "backdoor Roth".
by BL
Tue Aug 14, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: 64 yrs old should I get into the stock market
Replies: 12
Views: 2060

Re: 64 yrs old should I get into the stock market

I like the Quinn books, also suggest you look at the Boglehead's investing and also retirement guides, available at Amazon or at your public library. There is also a new 3-fund portfolio book by Taylor who has a long thread here. You might like government I-Bonds to help keep up with inflation but n...
by BL
Tue Aug 14, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Risk Averse Widow - Investing Life Insurance Proceeds
Replies: 8
Views: 616

Re: Risk Averse Widow - Investing Life Insurance Proceeds

I am attempting to help my mother in law. She is recently widowed, has an extremely low risk tolerance (ie: a 5% decline would cause her to lose sleep and want to pull out all of her investments). She also wants all of this to be extremely simple and easy for her to understand. She has $250,000 in ...
by BL
Mon Aug 13, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 115
Views: 7621

Re: [New Vanguard website layout starting Saturday, August 11]

Ours was back to the old way this evening. Even the print icon was there. (Old mutual fund accounts, not brokerage.)
by BL
Mon Aug 13, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Funding 403(b) as Wife Starts Full-time Teaching Career
Replies: 8
Views: 577

Re: Funding 403(b) as Wife Starts Full-time Teaching Career

You have some great funds available in the 403b, especially the Vanguard funds. Either a Target date fund of desired Bond %, or a few low-ER funds would work fine. You will want to look at the entire investments in all accounts as one portfolio. You could get a Target Date INDEX fund at Fidelity, or...
by BL
Sun Aug 12, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired - need to make a big change
Replies: 34
Views: 5325

Re: Newly retired - need to make a big change

You might want to read this little book on taking SS: Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in 100 Pages or Less Paperback – February 20, 2017 by Mike Piper (Watch out for older version from before tax changes.) I believe the default S...
by BL
Sat Aug 11, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Just starting out, need some feedback
Replies: 12
Views: 956

Re: Just starting out, need some feedback

I would definitely use the windfall to be sure to max everything. If your 403b has a Roth option, it might be worth considering using Roth there too, and using windfall to pay the extra tax, since this may be the lowest income you will have in your working years. You have until next April to contrib...
by BL
Sat Aug 11, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5106

Re: Old dog needs to learn to manage his investments

Seems like you have received good advice here. Suggest you have your list of funds when you call Vanguard to move the accounts. They would recognize which might not easily transfer and which have to be cashed in before moving. Not sure how preferred and some other fixed income will transfer. Also ag...
by BL
Sat Aug 11, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor Mandatory?
Replies: 36
Views: 3110

Re: Financial Advidor Mandatory?

I am 40, wife is 35. $535K Net Worth. $125K Gross Income. Zero Debt. Saving near 18% in a mix of 401K's and Roth IRA's. no children currently. Do we need a financial advisor? (Two absolutely terrible experiences with financial advisors in the past who tried to sell us insurance we don't need) We ha...
by BL
Sat Aug 11, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 115
Views: 7621

Re: [New Vanguard website layout starting Saturday, August 11]

Rats! More download friendly, less printer friendly. I could get the info printed on 2 sheets, (or 1 sheet for vital info,) now it takes up 3 with less information and more white space!

You can look at distributions easily with choices of ytd, quarters, etc. That seemed different.
by BL
Sat Aug 11, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor Mandatory?
Replies: 36
Views: 3110

Re: Financial Advidor Mandatory?

Here is a quick free way to help you figure this out: https://www.etf.com/docs/IfYouCan.pdf It is 16 pages written by a recommended author, Dr William Bernstein, who sometimes posts here. Note what he says about advisors in Hurdle #5. You can get (free) advice here if you post in recommended format,...
by BL
Sat Aug 11, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11831

Re: Joint Ownership of home with second wife

As for appearing married without actually being married, my husband and I got married (really) 36 years ago in a judge's office, with one witness. I swear not once since then have I had to prove I'm married. We don't have the same last names. We have two kids. We have owned several houses together....
by BL
Fri Aug 10, 2018 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired - need to make a big change
Replies: 34
Views: 5325

Re: Newly retired - need to make a big change

When you say 30% US, 20% international, 50% fixed income, do you realize that in Boglehead-speak, 20% International is 20% of 50% equities, or 40% International. Since the usual advice is 20-40% (sometimes 50) international, you are certainly within the guidelines but may be higher than you thought....
by BL
Fri Aug 10, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 13
Views: 1897

Re: Buying Individuals Stocks In A Roth IRA?

I believe any new V investor gets a brokerage account where you can buy any type of stock, fund, or ETF. Just a comment as you shouldn't have a problem doing this. I have the old-fashioned mutual fund accounts, so would have to adjust a bit if I wanted to broaden my investments. It would not be a ma...
by BL
Thu Aug 09, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: VBIAX- balanced fund 60/40.
Replies: 15
Views: 1733

Re: VBIAX- balanced fund 60/40.

The answers you are getting deal with the "best" choice vs. an "ok" choice. Having taxable bonds (such as in a Balanced fund or individually) means you will be taxed on the dividends each year at your tax rate, 24%. Contrast that with Total Stock Market, where you probably would have 0% Capital Gain...
by BL
Wed Aug 08, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice Sought
Replies: 11
Views: 946

Re: Investment Advice Sought

The simplest would be to also have V Target Date fund in Roth IRA at Vanguard. I believe bond % is about 10% so it is definitely aggressive. Choosing a much nearer date could get you more bonds. I don't know anything about balanced funds at Schwab, but the 3 funds suggested above would be reasonable...
by BL
Wed Aug 08, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Help with rollover into IRA and future retirement plans
Replies: 49
Views: 2800

Re: Help with rollover into IRA and future retirement plans

I just wanted to comment that I don't understand contributing to a Roth 401k vs. traditional tax-deductible 401k when you are not contributing the maximum possible. It will lower your tax so you will have more money to contribute now instead of paying more tax now. I agree that it might be a good ch...
by BL
Tue Aug 07, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 2960

Re: Relaxing - quieting the mind

Sudoku.
by BL
Mon Aug 06, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Questions about dividend tax.
Replies: 6
Views: 578

Re: Questions about dividend tax.

Hi there, I know that the 0 dividend tax applies for up to around 38000 dollars a year of income, then it's 15 percent for up to around 420,000 a year right? So say, my earned income is 30000 dollars a year, but I receive 100,000 a year in dividends, does that mean that I pay no capital gain tax on...
by BL
Sun Aug 05, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Death of Grandfather - creating to do list for Grandmther
Replies: 23
Views: 1724

Re: Help! Death of Grandfather - creating to do list for Grandmther

This can be overwhelming for anyone no matter how "with it" she is. Tackle the urgent items and leave less essential things for later. Major decisions should be delayed up to a year if possible. Get a number of death certificates. You may get some back after they copy them if you ask. Hopefully she ...
by BL
Sun Aug 05, 2018 1:12 am
Forum: Investing - Help with Personal Investments
Topic: Premium Financed Indexed Life Insurance Policies
Replies: 14
Views: 847

Re: Premium Financed Indexed Life Insurance Policies

You can bet the agent would be tickled pink to get that commission! Does someone depend on you for support for life? After your children are grown, you have retirement savings to cover you and your spouse, if any, do you still need insurance? Back in the days of low estate numbers, there was estate ...
by BL
Sat Aug 04, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Account Consolidation and Adjustment
Replies: 13
Views: 1072

Re: Retirement Account Consolidation and Adjustment

Fidelity Contrafund K (FCNKX) (0.65%) MFS Value R6 (MEIKX) (0.49%) Schwab S&P 500 Index (SWPPX) (0.03) American Beacon Small Cp Val Inst (AVFIX) (0.83%) Carillon Eagle Small Cap Growth R6 (HSRUX) (0.66%) Fidelity Mid Cap Index Institutional (FSTPX) (0.04%) TIAA-CREF Small-Cap Blend Idx Inst (TISBX)...
by BL
Sat Aug 04, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with Mom’s Retirement Income
Replies: 34
Views: 3703

Re: Need Help with Mom’s Retirement Income

A SPIA seems like the best option for someone who isn't interested in modifying their lifestyle to meet a reasonable drawdown rate. It will continue to pay regardless of what the market does. It might make sense to wait until next year for a SPIA. If taxable, perhaps not sell more this year (or may...
by BL
Sat Aug 04, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Variable Universal Life Policy
Replies: 5
Views: 479

Re: Question on Variable Universal Life Policy

Find out the surrender value. He is not going to get out more than the insurance amount, unless this is a very strange policy. Also, the surrender value may be decreasing as the cost of insurance increases. Perhaps his children would take on the premiums if they want the money. Not sure if it is a g...
by BL
Sat Aug 04, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: What to do with too much cash?
Replies: 24
Views: 2732

Re: What to do with too much cash?

I am not so sure you would dump everything in at a 20% drop. Wouldn't you be afraid it would soon drop 20% more? It can be really scary. I don't know what you have because I consider "ticker letters" a foreign language. However, just start with something. Maybe $10,000 as that would buy a Vanguard a...
by BL
Fri Aug 03, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6196

Re: Financial Planner is going to buy funds for me. What should I find out first before letting him?

1. Are there any front loads or other loads with the funds he recommends? 2. What is the range of ERs with those funds? Do they include 12b-1 kickbacks to him or his organization? 3. How many funds will be recommended? 4. What will be the AA (asset allocation) of his recommendation? 5. Please print ...
by BL
Fri Aug 03, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my Parents RMD and my potential future inheritance
Replies: 13
Views: 910

Re: Help with my Parents RMD and my potential future inheritance

Suggest they get something like an "in-force illustration" from the insurance companies to find out guaranteed values and current surrender amount for each. Not clear if they are currently getting a regular amount or withdrawing something from one or both. They should at least consider delaying the ...
by BL
Fri Aug 03, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better for me: roth contributions or tax gain harvesting?
Replies: 22
Views: 1090

Re: Which is better for me: roth contributions or tax gain harvesting?

I suggest you wait with Roth IRA until early next year when you have W-2 in hand. Then you should know exactly what you can contribute (Box 1 up to 5500) to the Roth (by April 2019) without going over. Estimating is especially important for the rest that you can only do during this calendar year. I ...
by BL
Wed Aug 01, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6196

Re: Nervous about not using a personal wealth manager. How do I do this myself?

See Taylor's quotes from many sources in the Wiki for a quick, broad overlook of many sources. maxsamson: This is the link: https://www.bogleheads.org/forum/viewtopic.php?t=156576 Best wishes Taylor Thanks for the link, Taylor. There is a wealth of knowledge in those quotes. Somewhere there is a qu...
by BL
Wed Aug 01, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: First smartphone:What to buy and what prepaid plan to sign on?
Replies: 27
Views: 2166

Re: First smartphone:What to buy and what prepaid plan to sign on?

I think you should get a smart phone before your child. Just pass on the one you have to her. Maybe get an unlocked one that you can use with your current provider.
by BL
Wed Aug 01, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6196

Re: Nervous about not using a personal wealth manager. How do I do this myself?

Agree that Roth IRA is the best you can get, but some advisors (and tax people) don't seem to know about the backdoor Roth (search our Wiki) as a way for higher-income folks without non-Roth IRAs to keep investing. IRS form 8606 is needed to report contributions here. If you have high-deductible hea...