Search found 8258 matches

by BL
Fri Oct 19, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Is my IRA underperforming?
Replies: 3
Views: 199

Re: Is my IRA underperforming?

Also, are you paying an advisor out of that?
by BL
Fri Oct 19, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Advice on using a Special Purpose Entity to get Education Improvement Tax Credits
Replies: 2
Views: 141

Re: Advice on using a Special Purpose Entity to get EITC

No knowledge, but abbreviations should be spelled out. I thought of Earned Income Tax Credit with EITC.

That might get others to comment.
by BL
Fri Oct 19, 2018 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 18
Views: 1194

Re: Fiduciary using funds with a front load?

Look up each fund on something like Morningstar or even Google and the ERs should show as well as the 12b-1 kickbacks and front or back loads.
by BL
Wed Oct 17, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: 30 y/o Boglehead student, advice for 65 year old Retiring Father
Replies: 30
Views: 2785

Re: 30 y/o Boglehead student, advice for 65 year old Retiring Father

Another good retirement reference:
How to Make Your Money Last: The Indispensable Retirement GuideJan 10, 2017
by Jane Bryant Quinn
by BL
Wed Oct 17, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Any benefit to a 403b with a 1.25% wrap fee vs a Taxable with zero Fees
Replies: 10
Views: 508

Re: Any benefit to a 403b with a 1.25% wrap fee vs a Taxable with zero Fees

No comment on the math on that bad fee, but sometimes there is a state 457 at lower fees that is not widely known (nobody is benefiting from it). If you mention your state, someone here may have a suggestion for that or another (hidden) 403b with better costs. Sometimes it still pays to defer taxes ...
by BL
Wed Oct 17, 2018 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Help: Moving Stocks to Index Fund
Replies: 9
Views: 1088

Re: Help: Moving Stocks to Index Fund

I suggest you at least sell enough with gains that you are able to off-set with the 12k carried over from last year and all the losses you can take this year. If you do have CGs, you must use any C.Losses to off-set until they are used up. Then any losses left over can go toward reducing ordinary in...
by BL
Tue Oct 16, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 25
Views: 1153

Re: Finally ready to start investing in RothIRA (23yrs old)

You have the right idea. Make sure the annual amount does not exceed 5500. The % does not have to be exact when starting out, and some wait with international until more invested for simplicity. Schwab Target 2060 Index (SWYNX) sounds like a simple, low-ER, set and forget fund while you concentrate ...
by BL
Mon Oct 15, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: help with personal finance and alternatives
Replies: 7
Views: 443

Re: help with personal finance and alternatives

Hello Everyone, Last February I was laid off from my job of 12 years. I did not take me long to find another position 2 months later. I started a new position in April but pretty much new after 2 months it wasn't a good fit. Recently, I resigned and my last day will be Oct 24th and I am starting a ...
by BL
Mon Oct 15, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Convert TIRA to Roth, nondeductible
Replies: 19
Views: 1107

Re: Convert TIRA to Roth, nondeductible

....tax bracket 33%.... ...Or should I wait several years until my income is less, after partial retirement?... ...Prefer paying taxes up front... Do you really prefer paying 33% in taxes now if you might be able to pay a lesser rate later? +1 Also would your 401k accept trad. IRA amount if you cha...
by BL
Sun Oct 14, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Determining capital gains?
Replies: 16
Views: 413

Re: Determining capital gains?

Did you re-invest dividends and distributed CGs?
by BL
Sun Oct 14, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation question -- taxable account
Replies: 8
Views: 878

Re: Asset allocation question -- taxable account

You are in luck. Now is the perfect time to sell with no capital gains and then buy something like total stock market or total international at a bargain price, and also muni funds in desired AA.
by BL
Sat Oct 13, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Chase Roth IRA or Vanguard Roth IRA
Replies: 5
Views: 601

Re: Chase Roth IRA or Vanguard Roth IRA

I suggest you do some reading to help you get started. Here is a great little pdf:
https://www.etf.com/docs/IfYouCan.pdf

Getting Started in the Wiki

Boglehead books and Jane Bryant Quinn's books.
by BL
Sat Oct 13, 2018 1:04 am
Forum: Investing - Help with Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 65
Views: 3767

Re: TLH VTIAX

The rationale for gain harvest is to raise the tax basis. You sell fund A with capital gain of $1,000 and buy it back with the basis $1,000 higher. Next, you sell fund B with capital loss of $1,000. In the end, you have no net capital gain. Yes, but if you intend to buy back B or it's TLH partner, ...
by BL
Sat Oct 13, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 65
Views: 3767

Re: TLH VTIAX

Why are you also talking "tax gain harvest"? If you are doing tax loss harvesting, I would avoid negating it unless I was dealing with a wash situation or some unwanted investments that I wanted to off-set by losses. As I am in the 0% CG bracket, it might make more sense for me to TGH than TLH witho...
by BL
Fri Oct 12, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Chase Roth IRA or Vanguard Roth IRA
Replies: 5
Views: 601

Re: Chase Roth IRA or Vanguard Roth IRA

Vanguard or other brokerages with low-ER funds for investing.
Banks are fine for cash-type savings, CDs, etc, not investing.

https://www.consumerreports.org/persona ... -services/
by BL
Fri Oct 12, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: How much assets to self insure (Life) ?
Replies: 14
Views: 618

Re: How much assets to self insure (Life) ?

Be sure to have new insurance in place before dropping old.

At your probable income I doubt 750 is very noticeable, but coverage if you die could be valuable.
Not sure if it would save much to get half for 10 and half for 20 years.
by BL
Fri Oct 12, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Scared to Jump
Replies: 11
Views: 1422

Re: Scared to Jump

To get weaned from adviser, perhaps contact Vanguard PAS to see what they advise. They might handle it all for you and get you set up in a 3-fund type portfolio (maybe 6 or so funds). You could then decide whether it is worth it to you to pay 0.3% management for, say, a year or more to get all set u...
by BL
Fri Oct 12, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K Allocation
Replies: 6
Views: 234

Re: Help with 401K Allocation

This 401K represents about 60% of my retirement savings, the other 40% is held in a taxable brokerage account at Schwab. Expense ----------Return------------- Fund Name Symbol Owned Asset Class Category Ratio 1 Year 3 Year5 Year10 Year/LOF FID 500 INDEX IPR FXAIX 11.82% Stock Investments Large Cap ...
by BL
Fri Oct 12, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Trust fund help
Replies: 9
Views: 1365

Re: Trust fund help

If you were putting everything in a balance fund, then I would like your idea. Since you already have stock funds, I don't see it as a simplification. Perhaps consider total stock market, which covers more of the market, or even more S&P 500 for the stock portion and leave the rest in Prime MM (2.16...
by BL
Mon Oct 08, 2018 1:05 am
Forum: Personal Finance (Not Investing)
Topic: ESOP proceeds invest in Co. Stock or pay off debt
Replies: 11
Views: 609

Re: ESOP proceeds invest in Co. Stock or pay off debt

It doesn't help much to simply pay off debt unless you have a plan to stay out of future debt. I get the impression that you have a spending emergency so simply paying off debt is not going to solve that problem. Example one: huge debt but must take a vacation. Suggest you list all your debts, inter...
by BL
Sun Oct 07, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding management fees and expense ratio
Replies: 9
Views: 423

Re: Understanding management fees and expense ratio

I disagree. It appears these are the fees reported by the fund itself and have nothing to do with plan fees. A fund has many fees which are all wrapped up in one expense ratio. In this case, the expense ratio includes the management fee - meaning management of of the fund itself. The retirement pla...
by BL
Sun Oct 07, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Rate of return in negative
Replies: 16
Views: 1895

Re: Rate of return in negative

Sure, it means you are buying at bargain rates!
by BL
Sun Oct 07, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Book or other resource for managing spending phase of investing
Replies: 6
Views: 764

Re: Book or other resource for managing spending phase of investing

"How to Make Your Money Last" by Jane Bryant Quinn +1, but there is no one plan that works for everyone. Is age 70.5 really the best age to begin SS if the funds utilized by waiting are coming out of a 70/30 stock/bond portfolio? The age is 70, not 70.5. (That, age 70.5, is the RMD and QCD number.)
by BL
Sun Oct 07, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: How much interest do I owe if I don't pay credit card balance in full?
Replies: 18
Views: 2052

Re: How much interest do I owe if I don't pay credit card balance in full?

Do you have the 4000 available now to pay on your bill ASAP? That might lower your average if that is what the interest is based on.
by BL
Sat Oct 06, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Best Method To Take Income In Retirement
Replies: 5
Views: 1033

Re: Best Method To Take Income In Retirement

It depends. There is no quick answer. Need to know lots of things: age, types and amounts (maybe %) in various accounts, tax bracket, before or after age 70, SS, pension, etc. and more. Maybe keep below the top of your tax bracket, or keep under certain limits to avoid hitting extra charges or taxes...
by BL
Sat Oct 06, 2018 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: I'm unclear on how to use a Vanguard account
Replies: 21
Views: 1761

Re: I'm unclear on how to use a Vanguard account

If it is the higher cost Freedom fund instead of the index ones, I would want to get rid of them, too.
Give them a call Monday morning. There may be a charge to sell at V instead of F.

I don't have the brokerage accounts, but you may have the right idea there.
by BL
Fri Oct 05, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can't handle being in debt (mentally)
Replies: 42
Views: 5023

Re: Can't handle being in debt (mentally)

Now cut up the credit cards or at least freeze them in a milk carton of water!
by BL
Fri Oct 05, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: New immigrant with complicated situation
Replies: 24
Views: 2713

Re: New immigrant with complicated situation

Thank you for all response, but I need more help. 1. I saw many online banking like Marcus by Goldman that they have a steady increase in saving account good rates and still A+ credit. I try to open an account there to take advantage of 1.9 saving account rate. On the other hand, I want to open a C...
by BL
Fri Oct 05, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Another Term Life Insurance Query
Replies: 9
Views: 741

Re: Another Term Life Insurance Query

Here is another thread on this subject:
viewtopic.php?t=174705

You want a low price and a company that is highly rated so it hopefully won't go out of business. Should only need to pay and collect when you die, no hand-holding or converting.
by BL
Fri Oct 05, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Best way to Invest 10 Million Portfolio at 40 without income
Replies: 56
Views: 8627

Re: Best way to Invest 10 Million Portfolio at 40 without income

2/3s of the inheritance would be in a nontaxable account and 1/3 in taxable accounts that will require RMD based upon my younger age. We are currently taking out higher RMDs for taxable accounts every year and reinvesting monies after paying taxes. I think a clarification of account types is in ord...
by BL
Tue Oct 02, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with fund selection
Replies: 10
Views: 531

Re: Help with fund selection

Here is the Wiki page for 3-fund portfolio that has the recommended basic index funds from various brokerages:
https://www.bogleheads.org/wiki/Three-fund_portfolio
by BL
Sun Sep 30, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Credit card charge- fraud or mistake?
Replies: 24
Views: 2360

Re: Credit card charge- fraud or mistake?

I recently had a small Amazon UK charge that I noticed was pending. I only use Chase Amazon card at Amazon (US). I immediately called PenFed to notify them. They immediately cancelled the card and sent new one.
by BL
Wed Sep 26, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: VUL asset allocation
Replies: 15
Views: 820

Re: VUL asset allocation

Term4sale.com has rates.
An independent insurance agent can shop companies for you.
by BL
Tue Sep 25, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: VUL asset allocation
Replies: 15
Views: 820

Re: VUL asset allocation

You might want to read some general info on VULs: by a Boglehead: https://thefinancebuff.com/10000-lesson-on-variable-universal-life.html Other places to get general info might be FINRA.org, a watchdog organization, and descriptions at Investopedia (ignore ads) and Wikipedia. You won't find much lov...
by BL
Fri Sep 21, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee for sixty something sister
Replies: 22
Views: 2165

Re: Trustee for sixty something sister

Maybe 60% in a 10-yr SPIA
https://www.immediateannuities.com/
and 40% in a balanced fund like Vanguard Balanced Fund,
then at 10 yr mark, buy a life SPIA with the money from the fund if healthy.
by BL
Fri Sep 21, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6501

Re: My Very First Smartphone — Please Critique This Plan

since you are familiar with Tracfone you could just buy a smartphone and continue using Tracfone. we recently bought a new smartphone from Tracfone for right at $100. +1 With an unlocked phone and no contract you can move on to another provider anytime you wish! Way before I started using mine, I p...
by BL
Fri Sep 21, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6501

Re: My Very First Smartphone — Please Critique This Plan

I stuck with Tracfone when I switched to smartphone and am happy with that. I ported the number from flip-phone. I ported remaining minutes as well, so I have too many of them. I buy 1 gb every now and then for $10. Car's speaker pulls music from my phone as well as calls. I have an unlocked Moto G5...
by BL
Thu Sep 20, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents are in debt - Need advice
Replies: 39
Views: 4813

Re: Elderly parents are in debt - Need advice

Please consult a qualified elder care attorney in the state of your parents' residence. A 15-minute quick consult might even be free as these attorneys expect, because of the complexity of the laws, to obtain a new client. As others have posted, it is imperative you make no moves on your own until ...
by BL
Wed Sep 19, 2018 12:54 am
Forum: Personal Consumer Issues
Topic: Inexpensive source for greeting cards?
Replies: 27
Views: 1601

Re: Inexpensive source for greeting cards?

Hallmark program to make your own cards using blank card paper with envelopes. Reasonable cost and always available. I think an earlier edition was easier to add photos or words.
by BL
Mon Sep 17, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Switched from Edward Jones - Need advice on selling equities
Replies: 7
Views: 771

Re: Switched from Edward Jones - Need advice on selling equities

Did the cost basis transfer from EJ? If so, you should be able to find the unrealized gains on V website for each stock. Sell all with losses (short term is fine), then lowest gainers (held over a year) or large single holdings until you have equal amount of gains to off-set losses. After that you d...
by BL
Sun Sep 16, 2018 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Mom has retired and I need to help
Replies: 12
Views: 2152

Re: Mom has retired and I need to help

If she gives to charity, she can do QCD out of her RMDs and pay no tax on that. I changed to MM from bonds for a part of my investment. It bothered me to lose money on total bond market even with increasing rates (negative total returns). I am older than she is. What are her emotions related to inve...
by BL
Sun Sep 16, 2018 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Mom has retired and I need to help
Replies: 12
Views: 2152

Re: Mom has retired and I need to help

Watty wrote:
Sat Sep 15, 2018 5:31 pm

Set them up to reinvest dividends or capital gains distributions since there is no sense in buying more of them.
I believe you omitted a not in this advice.
by BL
Sat Sep 15, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5334

Re: 38% pay cut for dream job?

It sounds fantastic and your spouse is willing for you to take this dream job. Go for it!
by BL
Fri Sep 14, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs EJ
Replies: 16
Views: 1038

Re: 3 fund vs EJ

A compromise might be to keep the funds he has now at V and try your suggestion with new purchases.
by BL
Wed Sep 12, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1285

Re: Another high expense-ratio 401(k), Help!

I would skip international and consider picking it up in Roth or taxable.

Maybe wait a bit and then campaign for an S&P 500 type index fund.

You need to contribute to defer taxes.
by BL
Wed Sep 12, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Medicare and related statements
Replies: 7
Views: 466

Re: Medicare and related statements

Check online to see if you can switch to e-statements.
by BL
Wed Sep 12, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: I have 401k investments - what about my Roth IRA?
Replies: 8
Views: 460

Re: I have 401k investments - what about my Roth IRA?

ChristopherRobin wrote:
Wed Sep 12, 2018 3:30 pm
TwstdSista wrote:
Wed Sep 12, 2018 3:16 pm
I'd invest in a Total Stock Market Index Fund and/or a Total International Index Fund. Easy peasy!
Are you saying to invest in the same Total Market Index Fund as my 401(k) or use a different fund altogether?
Fidelity has a similar total stock and probably international.
by BL
Wed Sep 12, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: I have 401k investments - what about my Roth IRA?
Replies: 8
Views: 460

Re: I have 401k investments - what about my Roth IRA?

TwstdSista wrote:
Wed Sep 12, 2018 3:16 pm
I'd invest in a Total Stock Market Index Fund and/or a Total International Index Fund. Easy peasy!
+1
Is it at Vanguard?
by BL
Wed Sep 12, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: where to learn to sew?
Replies: 33
Views: 2056

Re: where to learn to sew?

Ask around for leads on old machines and cotton scraps. Agree that well-cared-for old machines are likely better than cheap newer ones. Pre-1963 Singers, any Kenmore (last made by Janome), might be good. Berninas are/were expertly engineered, even the most basic ones. There are others as well. Maybe...
by BL
Wed Sep 12, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Need to make major rebalance to bonds - help
Replies: 19
Views: 2055

Re: Need to make major rebalance to bonds - help

Any good blended or balanced funds in your 401K? Sometimes the ER is lower than solo bond funds. Also, muni bond funds, especially Vanguard's are low cost and can help solve your problem. well, I'm not sure how to assess "good". my choices are Fidelity Stable Pool Fund (ER 0.49%) PIMCO Total Return...