Search found 7354 matches

by BL
Sun Dec 17, 2017 9:26 am
Forum: Personal Consumer Issues
Topic: Moto G5 Plus: Software updates?
Replies: 83
Views: 4453

Re: Moto G5 Plus: Software updates?

I have a lot to learn about my new Moto G5 Plus, so I really appreciate all the hints and info on this thread. Keep it up! Nevertheless, I plan to use the User Guide when all else fails. It is online and here is one of the numerous websites where I found it: https://www.consumercellular.com/Assets/d...
by BL
Wed Dec 13, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Have a Variable Appreciable Life Insurance Policy - should I ditch it?
Replies: 5
Views: 413

Re: Have a Variable Appreciable Life Insurance Policy - should I ditch it?

First, get your term in place. Ask for an in force illustration showing guaranteed values.
by BL
Tue Dec 12, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 36
Views: 4261

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

Amazon lets you access your software purchase later if you need it. I believe H&R Block lets you pay a little in order to be able to access it later. I lost it when my computer died and couldn't get it back at HRB, so I replaced it at a bargain at Amazon.
by BL
Sun Dec 10, 2017 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 23
Views: 1265

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

I have the "old" mutual fund platform, and V handles Spec ID just fine for any reinvesting. I don't think it matters much if you are not trying to change to other funds. Just do what makes sense to you. When you need the money, then direct it to your bank instead of reinvesting. Anything purchased ...
by BL
Sun Dec 10, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 23
Views: 1265

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

I have the "old" mutual fund platform, and V handles Spec ID just fine for any reinvesting. I don't think it matters much if you are not trying to change to other funds. Just do what makes sense to you. When you need the money, then direct it to your bank instead of reinvesting. Anything purchased w...
by BL
Fri Dec 08, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Yearly checkup am I spread to thin?
Replies: 5
Views: 1074

Re: Yearly checkup am I spread to thin?

You could put your Roth contributions into a bond fund or even a savings account IRA at a bank, and be able to withdraw contributions with no cost should you need them. This might serve as a back-up emergency fund just in case, but could be changed back to regular investment funds later on. You are ...
by BL
Fri Dec 08, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: I don't know how it happened! [starting new business soon, how to avoid 1% AUM cost]
Replies: 14
Views: 1225

Re: I don't know how it happened! [starting new business soon, how to avoid 1% AUM cost]

Jane Bryant Quinn has a good retirement book, How to Make Your Money Last , which would be a good reference book to keep on hand. Used is fine, but get the recent edition. The Bogleheads' Guide to Retirement is good as well. Smart move to check in with Bogleheads. They won't charge the 1% AUM nor se...
by BL
Wed Dec 06, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Mom - Retiring, Windfall, Edward Jones
Replies: 9
Views: 1926

Re: Help for Mom - Retiring, Windfall, Edward Jones

It sounds like a phone conversation with Vanguard is in order. Have statements in hand or lists of her funds/stocks/munis. I am fairly sure that transferring loaded American funds in-kind will be no problem. You can even buy them there! Tax cost in selling vs. ER costs and CG/dividend distribution c...
by BL
Wed Dec 06, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Understanding Accredited Investment Fiduciary (AIF)
Replies: 3
Views: 352

Re: Understanding Accredited Investment Fiduciary (AIF)

It appears that the person has taken a class and passed the exam for that certification. They should know the meaning of fiduciary. Whether they will act as your fiduciary is another question. Will they sign a statement stating that they will act as your fiduciary in every way? How much will it cost...
by BL
Tue Dec 05, 2017 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Ever seen a 401k with so few options?
Replies: 13
Views: 1024

Re: Ever seen a 401k with so few options?

I think you are fortunate to have these low-ER funds, assuming they are fairly low. You can use Target Retirement Income fund to have 70% bonds if you need bonds. Other dates have varying amounts of bonds. As mentioned, there is 40% bonds in the Balanced fund. Yes, it might be nice to have a low-ER ...
by BL
Mon Dec 04, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help Damsel In Distress
Replies: 15
Views: 2505

Re: Help Damsel In Distress

You have gotten some good guidance here already and may get more specific investing advice if you follow the suggested format. It is difficult to judge advisers without knowing enough to invest on your own. I think Vanguard PAS would be a good choice at least until you have studied enough to do it o...
by BL
Mon Dec 04, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit
Replies: 23
Views: 2222

Re: Social Security Spousal Benefit

I'm surprised no one suggested that she file at age 62 and he immediately files a restricted application on her benefit. She would recive 75% of her PIA (amount of benefit at her FRA), and he would receive 1/2 of her PIA until he turns 70, when he would file for his own benefit. This is likely the ...
by BL
Mon Dec 04, 2017 1:43 am
Forum: Personal Consumer Issues
Topic: Suggested reading for Norwegian coast trip
Replies: 18
Views: 1030

Re: Suggested reading for Norwegian coast trip

Good suggestions. Perhaps a resistance book or two might also be interesting. Here are some from Amazon: https://www.amazon.com/s/?ie=UTF8&keywords=norwegian+resistance&tag=googhydr-20&index=stripbooks&hvadid=177325091949&hvpos=1o1&hvnetw=g&hvrand=6935365958374287426&hvpone=&hvptwo=&hvqmt=b&hvdev=c&...
by BL
Sun Dec 03, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Which RMD table does a surviving spouse use....
Replies: 5
Views: 500

Re: Which RMD table does a surviving spouse use....

AFAIK, she can convert it to her own, and do RMDs according to her age. Sometimes reading about it by another reliable source makes it more clear (verify at IRS site): https://www.fidelity.com/viewpoints/retirement/surviving-spouse-IRA Labeling something as inherited has different rules from making ...
by BL
Sat Dec 02, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1563

Re: Help me Help mom

You may want to consider spousal or her own SS at FRA if she was married 10 years and perhaps a switch at age 70. Survivor SS could come into play later. She could sell stocks in taxable with capital gains to top of her 15% bracket with no extra tax cost, with some exceptions. Have you considered Va...
by BL
Sat Dec 02, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra 50k, when, and how?
Replies: 26
Views: 2011

Re: What to do with extra 50k, when, and how?

https://www.irs.gov/retirement-plans/how-much-salary-can-you-defer-if-youre-eligible-for-more-than-one-retirement-plan The amount of salary deferrals you can contribute to retirement plans is your individual limit each calendar year no matter how many plans you're in. This limit must be aggregated ...
by BL
Thu Nov 30, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Investing for an elderly parent
Replies: 11
Views: 996

Re: Investing for an elderly parent

I have assisted elderly relatives with their accounts and investments over the years. Once someone is in their mid 80's I think there's not much reason to take equity risk unless they have enough separate fixed income assets/dividends to meet their expected needs. Even then I would think they proba...
by BL
Thu Nov 30, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: How to invest our extra income?
Replies: 12
Views: 850

Re: How to invest our extra income?

Do you have any debt you could apply the extra cash to, including mortgage? Have you considered I-Bonds? If you have less than 30 years until retirement you could defer taxes until then by waiting to cash them. They should about keep up with inflation. Some use for emergency fund (after holding 1 ye...
by BL
Thu Nov 30, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Please help with this cost basis nightmare!
Replies: 22
Views: 1739

Re: Please help with this cost basis nightmare!

I believe the "covered" date is Jan 2011 for stocks, not 2012 as for mutual funds. An investment is considered covered if it is: Shares of corporate stock acquired on or after January 1, 2011. Shares of stock in mutual funds and stock acquired in connection with a dividend reinvestment plan are gene...
by BL
Wed Nov 29, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: Mutual Funds and Taxation
Replies: 18
Views: 1144

Re: Mutual Funds and Taxation

Also, the dividends may be partly or mostly qualified if they are generated by stocks rather than bonds. Qualified dividends are taxed at your Capital Gains rate, which is generally lower than ordinary tax rate. Non-qualified dividends are taxed at your ordinary rate. In a traditional IRA, everythin...
by BL
Tue Nov 28, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Retirement Mutual Funds - Advice?
Replies: 8
Views: 666

Re: Changing Retirement Mutual Funds - Advice?

We don't know what is available in your new Fidelity account nor what the ERs (expense Ratio) are (they can be different than Fidelity). Look for index funds. If target date index fund is available, that is great. Otherwise, other index funds similar to the 3-fund portfolio (search Wiki) which is pr...
by BL
Tue Nov 28, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software recommendations?
Replies: 15
Views: 1010

Re: Tax Software recommendations?

livesoft wrote:
Tue Nov 28, 2017 10:38 am
BL wrote:
Tue Nov 28, 2017 10:24 am
I see a copy of 2016 on Amazon for ~ $30:
Why pay $30 when 2017 sells for $19.11.
I think I saw 2016 for less than $10.
+1
by BL
Tue Nov 28, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Initially mis-took After-Tax 401k for Roth 401k
Replies: 10
Views: 640

Re: Initially mis-took Pre-Tax 401k for Roth 401k

Do I understand correctly that you changed the contribution to a regular Roth 401k? If so I suggest you change it to a traditional 401k, which gives you a current tax benefit. Check carefully to see if you can move earned amount to a trad. IRA and the rest to Roth. That way you can do it at anytime....
by BL
Tue Nov 28, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Tax Software recommendations?
Replies: 15
Views: 1010

Re: Tax Software recommendations?

If you have the 2016 1040 in pdf form you might be able to import, but I doubt you have it. One idea is to buy last year's H&R Block 2016 software, and try to re-create the results on your own. That would help you verify that you know how to do it, and let you import data when you use your 2017 soft...
by BL
Sat Nov 25, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 131
Views: 10816

Re: H&R Block Software

Optmst wrote:
Sat Nov 25, 2017 7:32 am
If you do not need the State addition, Amazon now lists download of the H&R Block Tax Software Deluxe 2017 (without state) for $19.11 (link below, select PC download).

https://www.amazon.com/Block-Financial- ... B075QCZXPF
Done. Thanks.
by BL
Sat Nov 25, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Security issues with having hard drive replaced?
Replies: 11
Views: 584

Re: Security issues with having hard drive replaced?

I had the same problem and instead bought a refurbished business small desktop computer (Windows 7) from Dell for $~200. I am quite happy with it. If I were a little younger, I might have exchanged the hard drive just for the learning experience. If it didn't work, I would have replaced it. I tend t...
by BL
Fri Nov 24, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software and handling of Schedule D
Replies: 15
Views: 1291

Re: Tax Software and handling of Schedule D

It might make a difference if you do estimated taxes rather than withholding, as w/h can be done at any time of the year. This method would cover it "just in case".
by BL
Fri Nov 24, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 20
Views: 1677

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Have you studied the IRS pub on NOL? https://www.irs.gov/publications/p536#en_US_2016_publink1000177390 It is probably too late to consider carry-back on the losses, but it wouldn't hurt to talk to IRS immediately to see if there is anything that can be done at this time, since you are paying no tax...
by BL
Fri Nov 24, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 20
Views: 1677

Re: Advice welcome-VERY unusual circumstance: lien, NOL

You will have no tax benefits from your 457 contributions.... Why? Because of the NOL? Putting some into a Roth IRA would at least let the contributions serve as an emergency fund. Had not thought of this - might be a very good idea. I am no expert on NOL, but OP did state that there was no tax due...
by BL
Fri Nov 24, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 20
Views: 1677

Re: Advice welcome-VERY unusual circumstance: lien, NOL

I certainly don't have any good solutions, but suggest you consider this an emergency , rather than "middle class income" managing a temporary financial downturn. You are living on borrowed money, and this cannot be sustained. First, I would not consider adding more to 529, even a "menial" amount of...
by BL
Wed Nov 22, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Youngin' looking for help.
Replies: 11
Views: 919

Re: Youngin' looking for help.

1. yes, backdoor Roth; see Wiki 2. yes 3. Duckie has good answer for taxable investing and AA. Read about investing here for a start: https://www.etf.com/docs/IfYouCan.pdf probably sell stock as soon as possible, at least within 1 year. Don't keep over 5% of portfolio in single stocks if you feel yo...
by BL
Tue Nov 21, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: How much longer do I need life insurance?
Replies: 19
Views: 1316

Re: How much longer do I need life insurance?

How about checking for new plain term policy at an independent agent or term4sale.com Then you know what the cost should be, assuming your health is pretty good. I expect it is much cheaper than the one you described which is very expensive and will get much worse. Is the other one with the same com...
by BL
Tue Nov 21, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 18
Views: 1727

Re: Certified Financial Planner (CFP) fees

Good idea to ask here in suggested format. You will get suggestions that are low-cost and can meet your needs and not be afraid of getting sucked into high-cost funds or insurance products. We don't know what company your advisor works for or how well he/she serves the fiduciary concept. Do you know...
by BL
Tue Nov 21, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Midlife Portfolio Checkup
Replies: 5
Views: 1218

Re: Midlife Portfolio Checkup

I would check each fund and look for any that have a loss, which could be sold with no tax cost (actually a benefit, as the loss would help her for taxes). Again, this should be with her blessing. As for your purchase, VYM, I expect that fund is not the best for a taxable account due to dividends, w...
by BL
Sun Nov 19, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Side investment to go along with a 2050 Fund (VFIFX)
Replies: 4
Views: 300

Re: Side investment to go along with a 2050 Fund (VFIFX)

So you each have 18k in work retirement accounts and 5500 each in a Roth IRA? That is a great start. If I mis-understood, those are the accounts to fill first. A low-ER 2050 fund is great all-around, and could just be added to it you don't have the above. If it costs more than a Vanguard 2050 fund,<...
by BL
Sun Nov 19, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 56
Views: 4533

Re: Tax Returns - How Long Do you Keep?

When we get around to shredding, besides keeping forms as above, plan to keep the basic forms indefinitely and get rid of extra paperwork, but watch for and keep anything to do with basis of items that are still owned, such as land, home, taxable funds, etc.
by BL
Sun Nov 19, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Midlife Portfolio Checkup
Replies: 5
Views: 1218

Re: Midlife Portfolio Checkup

You should probably find the cost basis/unrealized gains for each fund or stock you are considering selling, so you know ahead of time what the tax cost of selling would be. Knowledge is power. If she is above the 15% tax bracket, or the gains push her above it, she may owe 15% + state income tax on...
by BL
Sat Nov 18, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Midlife Portfolio Checkup
Replies: 5
Views: 1218

Re: Midlife Portfolio Checkup

His Current 401K 13% BlackRock Russell 3000 Index (0.28%) Available Funds His 401(k) Plan Options Voya Target Solution Trust Series (Target Date Funds) (0.81%) Stable Value Fund (0.78%) BlackRock US Debt Index (0.32%) Fidelity Total Bond (FEPIX) (0.5%) Voya Large Cap Growth Port (IEOHX) (0.67%) JHa...
by BL
Sat Nov 18, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuity trading costs?
Replies: 17
Views: 728

Re: Variable annuity trading costs?

Yes, AFAIK, there are trading costs within funds that don't show up as direct costs. My understanding is that looking at the % of turnover could be a reasonable guess as to the costs of that. Active funds usually have a greater turnover than index funds, so the trading costs would be greater.
by BL
Sat Nov 18, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3543

Re: Vanguard Personal Advisor Services/Portfolio Review

It looks like you are getting good advice at a low cost. Any other adviser would probably cost more, funds would cost more, and being sold insurance products or other extra management would possibly be a much greater expense. I would go with their advice. It sounds like they are reasonably flexible ...
by BL
Sat Nov 18, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: RMD account
Replies: 16
Views: 1371

Re: RMD account

I understand RMDs, but find some of this advice confusing. It must have to do partly with dealing with ETFs, rather than mutual funds where you can specify a specific dollar amount. I am in the old style mutual fund account at Vanguard; perhaps the new platform works differently. I see no benefit in...
by BL
Sat Nov 18, 2017 12:51 am
Forum: Investing - Help with Personal Investments
Topic: Which Target Date Fund?
Replies: 13
Views: 1126

Re: Which Target Date Fund?

If you want Vanguard funds, you might as well move to Vanguard and buy it there with no charge.

I thought you were going to ask about comparing two different dates of Target funds. My thought was just look at the % bonds and get the date that is closest to your preference of bonds.
by BL
Fri Nov 17, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Social Security younger Wife
Replies: 15
Views: 1708

Re: Social Security younger Wife

Very much same situation here with me 69 (until next month) and 54 wife. She has and will have no work experience here and I will have to live to at least January 2022 for her to be married ten years, which I believe is the minimum criteria for her SS spousal. I believe she only has to be married f...
by BL
Thu Nov 16, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about IRA deduction Limts
Replies: 15
Views: 856

Re: Confused about IRA deduction Limts

I'm a little confused by the IRA deduction limit. So if I'm married filing jointly, and I participate in a state pension plan through my employer while also participating in my employers 403b plan, how is my (traditional non-roth) IRA contribution affected? I meet all the typical IRA requirements. ...
by BL
Thu Nov 16, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5362

Re: Help for semi retired friend with 8 figure savings

Less than half of net worth is in simple investable assets. In the list presented, everything below the "cash" line would be problematic for me. Above the cash line, looks like only 23% equities. I have no clue what to say about all this as the investor needs a real time-out in order to figure out ...
by BL
Thu Nov 16, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security younger Wife
Replies: 15
Views: 1708

Re: Social Security younger Wife

Agree to delay your SS until age 70 if possible, as it could cover her until age 100, maybe. Delaying for her is not as clear-cut. I believe that whenever she files, it will be for both spousal benefits and her own. She can collect survivor's benefits as early as age 60, with still more reduced bene...
by BL
Thu Nov 16, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Pile of Cash - What to do
Replies: 25
Views: 2998

Re: Pile of Cash - What to do

90/10 stock to bond
Maybe 62/38 if you include your pile of cash.

What is your age/retirement status? 40% fixed income could be reasonable if you are age 40-retirement age.
by BL
Thu Nov 16, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: ASUS Student Chromebook - thoughts?
Replies: 22
Views: 1232

Re: ASUS Student Chromebook - thoughts?

I owned an ASUS Chromebook and I loved it. If you just want to keep in touch, use e-mail, surf the web, etc. Chromebook's are the way to go. Just know, without internet connection they are useless. I have a PC in my home, but I hardly ever use it. I am on the Chromebook throughout the day. In fact,...
by BL
Thu Nov 16, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 39
Views: 4982

Re: Chain of command

BolderBoy wrote:
Thu Nov 16, 2017 9:35 am
You need to look for another job. No good is going to come of this.
+1
Best advice yet.
by BL
Thu Nov 16, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 4148

Re: Help with Understanding How to Handle Bonus

IMO there is no real wrong answer, maybe suggestions on 1 slightly better than the other. If you are committed to long term savings and investing, it will not matter in the end whether you paid down debt or saved this $35K. Do the one that helps you sleep better at night. If you aren't sure, split ...