Search found 6233 matches

by BL
Sun Feb 19, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: New Allocations after Inherited IRA
Replies: 6
Views: 281

Re: New Allocations after Inherited IRA

Do you have 401Ks? That might be a good place to rebalance, depending on cost of funds.

IRAs and 401ks are good places for bonds.
Total US stock and international are good anywhere.
by BL
Sun Feb 19, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Older parents advice.
Replies: 18
Views: 1243

Re: Older parents advice.

What does his full-service broker charge in fees, AUM, loads, etc.? It seems like it would eat up most gains from any fixed income.

Maybe better to do something simple with Vanguard or pay Vanguard PAS 0.3% AUM and get very low-ER funds.
by BL
Sun Feb 19, 2017 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Cash out 457(b)?
Replies: 3
Views: 239

Re: Cash out 457(b)?

If you are changing companies, can you roll it over to an IRA and convert to Roth IRA?
If it is a governmental 457, that should be possible.
by BL
Sun Feb 19, 2017 1:50 am
Forum: Investing - Help with Personal Investments
Topic: How do you invest the proceeds [from your RMD?]
Replies: 14
Views: 1046

Re: How do you invest the proceeds [from your RMD?]

We previously used it to buy total stock market in taxable. With QCD, it goes first to charities, that way the RMD is not taxed (we don't itemize).
by BL
Sun Feb 19, 2017 1:42 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs Traditional
Replies: 4
Views: 252

Re: Roth vs Traditional

I contribute the max $18000 to a Roth 401k and $5500 to a traditional IRA. My employer contributes a flat $5000, which is tax-deferred. My husband is self employed and contributes $5500 to Traditional IRA. Consider setting up his own 401k such as at Fidelity. IRA could probably be rolled into it, f...
by BL
Sun Feb 19, 2017 1:33 am
Forum: Investing - Help with Personal Investments
Topic: Mother's finances... lots of stuff spread all over
Replies: 6
Views: 499

Re: Mother's finances... lots of stuff spread all over

I agree with Watty. Withdraw any authorization to buy and sell if they have it. You have some good ideas but have you considered Vanguard's low cost (0.3% AUM/year) PAS? She might be the perfect candidate for some good individual advice on transferring and setting it up at V. I believe you can talk ...
by BL
Sun Feb 19, 2017 1:16 am
Forum: Investing - Help with Personal Investments
Topic: New to Investing, [21 years old]
Replies: 8
Views: 340

Re: New to Investing, [21 years old]

I suggest reading "Getting Started" in the Wiki. Here is a great little pdf free online to get you started. It is full of good advice: https://www.etf.com/docs/IfYouCan.pdf When you get more saved you might consider the 3-fund portfolio (search here). No harm in sticking to the same Target...
by BL
Sun Feb 19, 2017 12:57 am
Forum: Personal Finance (Not Investing)
Topic: How to Split $10K Fed Tax Bill Between Husband and Wife
Replies: 36
Views: 1526

Re: How to Split $10K Fed Tax Bill Between Husband and Wife

I would pay pro rata based on your respective shares of the income, rather than worrying about the particular rate on particular income. You benefit from MFJ tax treatment from Uncle Sam--part of that is treating it all as one lump of household income, no matter the sources--so it would seem to mak...
by BL
Sun Feb 19, 2017 12:40 am
Forum: Investing - Help with Personal Investments
Topic: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?
Replies: 47
Views: 1949

Re: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?

Do you have a 401k available? If so, you could save a lot on taxes by contributing to that instead of taxable.
by BL
Sat Feb 18, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 20
Views: 1403

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

Another way to think about this is: if Wellesley were 40/60 and LifeStrategy Income were 20/80 then a 50/50 mix of the two would split the difference and give you 30/70. Thanks "nisiprius". What about Wellesley 35/65 (VWIAX) and Target Retirement ( 30/70 VTINX) at 50/50 mix? The Target Re...
by BL
Sat Feb 18, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced and starting to invest...suggestions on where to start?
Replies: 13
Views: 501

Re: Inexperienced and starting to invest...suggestions on where to start?

I highly recommend that you read this: http://www.etf.com/docs/IfYouCan.pdf Mr. Bernstein is well respected in the Boglehead community. It is written for young people with a long time horizon like you. +1 The three-fund portfolio has a long thread here and Wiki has a good page on it. This would be ...
by BL
Sat Feb 18, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement Fund to Investor Shares
Replies: 11
Views: 522

Re: Vanguard Target Retirement Fund to Investor Shares

BL, would it not be smart to first get up to a certain point, and then buy the investor shares before then buying admiral shares? That was going to be the process I would take initially, but would it be ideal to just go from 2050 Target straight to the admiral shares and skipping the investor share...
by BL
Sat Feb 18, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement Fund to Investor Shares
Replies: 11
Views: 522

Re: Vanguard Target Retirement Fund to Investor Shares

Yes, that would work if you want equal portions of each, or are willing to accept it until you can add more to some of the funds.

Perhaps just keep what you have until you have ~$50k, then you could buy Admiral funds of at least $10k each. That is what I would do.
by BL
Sat Feb 18, 2017 1:19 am
Forum: Investing - Help with Personal Investments
Topic: Active vs passive/index
Replies: 4
Views: 375

Re: Active vs passive/index

Costs are one thing you can control. Have you looked at each cost in each of your accounts and figured out the total cost per year? Then figure out the cost for 20-40 years, including the "lost" money you couldn't invest because it was siphoned off instead of invested. Low ERs(Expense Rati...
by BL
Sat Feb 18, 2017 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy on kids - prudent?
Replies: 32
Views: 1453

Re: Life insurance policy on kids - prudent?

Just be sure you and spouse have adequate term life insurance for protection of child and spouse.

No, insurance on child doesn't make sense. Also pulling out that money puts insurance policy at risk and could result in a collapse/forfeiture of policy with possible tax consequences.
by BL
Fri Feb 17, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Helping a family member into retirement
Replies: 15
Views: 1660

Re: Helping a family member into retirement

For SPIAs I understand you could get info through Vanguard. Also to get estimates online, just look at the calculators at https://www.immediateannuities.com/ You want a highly rated company so they hopefully don't go broke or sell out before you are done with them. I believe your local independent i...
by BL
Fri Feb 17, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Inherited IRA
Replies: 15
Views: 566

Re: Help with Inherited IRA

Sounds like you need to make a choice between simply paying at V or existing location, or moving to a suitable place such as Fidelity where you can collect a bonus, sell, and buy desired V or other funds/ETFs. Then you either keep things there or move to V later after meeting time restrictions, etc....
by BL
Fri Feb 17, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: RMD timing question (turning 70.5 and still working)
Replies: 11
Views: 469

Re: RMD timing question (turning 70.5 and still working)

My father turned 70 a few days ago, so 2017 is the year in which he turns 70.5. He has several retirement accounts totaling around $1M (could be more, but close enough for the purposes of this question). He is still working, has a good income (don't know exact number but must be 33% federal), and h...
by BL
Thu Feb 16, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Helping a family member into retirement
Replies: 15
Views: 1660

Re: Helping a family member into retirement

I think using it to delay SS as long as possible (up to age 70) is a great idea.

I like the Boglehead books. Also really like the basic ideas in the little free booklet,
https://www.etf.com/docs/IfYouCan.pdf
by BL
Thu Feb 16, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a place to open an individual 401k
Replies: 2
Views: 82

Re: Need advice on a place to open an individual 401k

ruralavalon wrote:I believe that Fidelity individual 401ks allow rollovers from other plans.

+1
by BL
Thu Feb 16, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Small
Replies: 9
Views: 666

Re: Investing Small

Suggest you read this little pdf booklet that is packed with good info: https://www.etf.com/docs/IfYouCan.pdf There is also a long thread here on the three-fund portfolio. You will also need to decide whether to keep paying extra where you are or move to a low-cost place like Vanguard or pick low-ER...
by BL
Thu Feb 16, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Currently an Edward Jones client and need some advice
Replies: 32
Views: 2144

Re: Currently an Edward Jones client and need some advice

Search these threads for Edward Jones or EJ, etc, for other folks who suffered even longer.

Read Getting Started in Wiki and here is a little pdf to get you started:
https://www.etf.com/docs/IfYouCan.pdf
by BL
Thu Feb 16, 2017 1:34 am
Forum: Investing - Help with Personal Investments
Topic: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?
Replies: 47
Views: 1949

Re: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?

Low cost Vanguard funds are a good choice. You could do a simple 3-fund portfolio (see Wiki or a thread on this topic) such as is suggested in this great little free pdf Booklet: https://www.etf.com/docs/IfYouCan.pdf Total stock market and total international stock market would be very tax-efficient...
by BL
Sat Feb 04, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Starting roth - 65%stock/35%bonds too conservative @ 28years old?
Replies: 14
Views: 1380

Re: Starting roth - 65%stock/35%bonds too conservative @ 28years old?

I would put a portion of money in t401k and then save like crazy to knock out the smallest loan, then apply that required amount and any extra to next smallest balance, snowball fashion, as Dave Ramsey calls it, to pay each one off.
Read If You Can, ( see recommended books in Wiki.)
by BL
Tue Jan 31, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6224

Re: 50 Year Old Late Starter With Questions

The only charge I can think of for accounts is if you have low balances and don't accept e-statements, then they could charge a low-balance fee. Otherwise buying and selling V funds or ETFs should not have fees, although selling or buying non-V funds might, I have never done that so am not sure.
by BL
Sat Jan 28, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Balances - Catch 22?
Replies: 17
Views: 1088

Re: Credit Card Balances - Catch 22?

Consumer.ftc.gov
Has info on counseling.
Do not use a card with a balance, preferably not ever.
by BL
Thu Jan 26, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads Guide to Investing....for a Boglehead?
Replies: 13
Views: 798

Re: Bogleheads Guide to Investing....for a Boglehead?

Do your friends and relatives tell you that you're impossible to buy birthday and Christmas presents for? Mine do. My Christmas Bogleheads' Guide to Investing from my son is sitting on the desk right next to me. Certainly better than something I'd return for a different size, and far less hassle. G...
by BL
Thu Jan 26, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: what to do if you don't want bonds
Replies: 23
Views: 2363

Re: what to do if you don't want bonds

How about CDs at a bank or credit union?
by BL
Fri Jan 20, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: want to leave EJ but dont know what to do with what currently have
Replies: 21
Views: 1551

Re: want to leave EJ but dont know what to do with what currently have

Can you give ERs for the funds? That along with name and ticker are most important. Cost matters. Look for index funds with low ERs. EJ and probably JH are higher cost with fees as well. Vanguard has mostly low ERs and no fees if you use e-statements. Other brokerages may have low-ER funds <0.2% as ...
by BL
Fri Jan 20, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Vital Mistake - Damage Control?
Replies: 16
Views: 2687

Re: Vital Mistake - Damage Control?

It sounds like V PAS would be good if he is ok with talking to them by phone or possibly video conference. That is the one place I would rely on to be looking out for his best interests. There may be others but how do you find them? They should be able to set up RMDs, etc. If not that, then a single...
by BL
Thu Jan 19, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down 1.9% loan or invest
Replies: 61
Views: 4535

Re: Pay down 1.9% loan or invest

Roth should be 5.5k/yr.
by BL
Thu Jan 19, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6224

Re: 50 Year Old Late Starter With Questions

Yes, the other target funds cost more, in part because there is a 12b-1 kickback to the broker. It doesn't mean it is better. Costs matter!
by BL
Thu Jan 19, 2017 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: A New Year - A New Me
Replies: 13
Views: 2016

Re: A New Year - A New Me

$22,795 Student Loan Debt - 0.625% - Making monthly payments Are you sure this isn't 6.25%, which is pretty common? What you have sounds very low, but if 6+% you will want to pay it off. If you have last year's 1040, line 43 is taxable income. The top of 15% is $7x,xxx. Just search for tax bracket ...
by BL
Thu Jan 19, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Lost in Swamp in central Fl
Replies: 27
Views: 3189

Re: Lost in Swamp in central Fl

Does the money belong to you? What does Grandma have to do with it? If the money is yours and you are new to investing, I agree, put it in a CD or savings account, do some research, and do not invest in anything unless you are 100% comfortable. Folks here can recommend a strategy if you provide mor...
by BL
Thu Jan 19, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6224

Re: 50 Year Old Late Starter With Questions

Can you please explain how taking tax savings up front will accelerate my retirement savings? If you're thinking I could put that tax money into my retirement account, I never see the tax money we get. My husband does the taxes and I never even know when he gets the money. So, it won't go into my a...
by BL
Thu Jan 19, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Mother handing over investments to me, not sure which route to go
Replies: 12
Views: 1508

Re: Mother handing over investments to me, not sure which route to go

Depending on what "recent" means, she is in the grieving stage and this is stressful. Decisions add more stress. No need to add stress right now making changes unless required immediately. Give her a year and then consider whether to sell, etc. Right now, if she has money in a savings acco...
by BL
Thu Jan 19, 2017 12:58 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6224

Re: 50 Year Old Late Starter With Questions

I suggest you look around at vanguard.com Vanguard Target Date retirement funds only require 1,000 to start, and small amounts are fine after that. I would not pay for buying mutual funds elsewhere. With all the change you may have in your life, I suggest you keep things simple. Set it and forget it...
by BL
Thu Jan 19, 2017 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2686

Re: Never had a credit card, should I get one?

First, have you checked your credit report? You can get them free once a year at each of 3 companies through the gov-authorized web site AnnualCreditReport.com. I think trying to get one at USAA is a good idea. Just use it as a safer version of a debit card which lets you build credit so you "e...
by BL
Wed Jan 18, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 2416

Re: Please help me [Transfer IRA]

Finally, One more question....cost basis concerns?? By transferring this IRA say to Vanguard.... do I need to be worried about my cost basis, especially since one is a stock? I am planning on at the very least selling one fund to buy a Vanguard fund. I know at E.J they may have helped keep track of...
by BL
Wed Jan 18, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: No company 401k. Already max Roth. Now what?
Replies: 15
Views: 1072

Re: No company 401k. Already max Roth. Now what?

Your tax bracket after you retire depends mainly on how much you have saved while working. If you don't have a pension, you will need to have saved quite a few million to get to a higher tax bracket than now at a 4% safe withdrawal rate. So I agree that deducting an IRA now, and putting the differen...
by BL
Wed Jan 18, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 2416

Re: Please help me

Does it make sense to you say use Vanguard Total, International, and bond funds if I currently hold them in my roths? I feel like that is too much exposure in too few of repeated funds. Thanks again. I believe the longest thread on Bogleheads, started by Taylor Larimore who is one of the experts wh...
by BL
Tue Jan 17, 2017 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 2416

Re: Please help me

We like Vanguard because they are low-ER and don't have a conflict of interest if you ask for advice. I started out by buying one fund, then moved my retirement account to an IRA. Salespersons scare me; I will stick to Vanguard, although other low-cost brokerages are fine if you don't listen to them...
by BL
Tue Jan 17, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Higher Vs. Lower Fees
Replies: 7
Views: 364

Re: Higher Vs. Lower Fees

I don't see any international in your individual choices. International has not done well for a while, so their price is low. Does that mean there is a chance that it will out-perform in the future, starting with low current prices? By the way, I see you have 120% of your money invested in the liste...
by BL
Tue Jan 17, 2017 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Tax question about car loan
Replies: 7
Views: 815

Re: Tax question about car loan

You should be getting your W-2 soon. That may help clarify things or at least get a start on figuring it out.
by BL
Mon Jan 16, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Inherited annuity & Ira
Replies: 21
Views: 925

Re: Inherited annuity & Ira

I haven't paid attention to the annuity because costs are low & it performs great. I always thought being passive with low cost investments that do well was the way to go? Also how can an annuity be an Ira? Be never seen it called anything but an annuity? I believe it can be called an Individua...
by BL
Mon Jan 16, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Inherited annuity & Ira
Replies: 21
Views: 925

Re: Inherited annuity & Ira

I will go through the process of moving the Ira next week. Though my main concern was if taking life expectancy and getting annual rmds was the right way to go. Feels in a way that I'll just slowly drain the accounts Thoughts were to fund a Roth with rmds RMD means Required Minimum Distribution! Yo...
by BL
Sun Jan 15, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up my Vanguard ROTH IRA - 23 y.o. -- How many funds should I use?
Replies: 10
Views: 555

Re: Setting up my Vanguard ROTH IRA - 23 y.o. -- How many funds should I use?

Here is a great read especially for new investors. It uses a 3-fund portfolio, which is about the same as a Target date fund of desired bond proportion.
https://www.etf.com/docs/IfYouCan.pdf
by BL
Sun Jan 15, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Online legal service/form - simple will?
Replies: 12
Views: 898

Re: Online legal service/form - simple will?

I printed out one for MN from a state site (I think it was from here.) It didn't seem to consider a spouse + children. There were 3 blanks for heirs. If one died the amount would be divided 2 ways, so offspring of that one would get nothing, not what I would want. I didn't see any per stirpes. It wa...
by BL
Sun Jan 15, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation Help - 34 yrs old
Replies: 10
Views: 972

Re: Asset allocation Help - 34 yrs old

Agree that a Target date fund or one of the Life Strategy funds, or Balanced fund would be fine. With this, how about something like this: Vanguard 500 index 50% Vanguard growth index redundant Vanguard mid-cap index 10% Vanguard small-cap index 10% Vanguard total international index 20% bond 10% Sm...

Go to advanced search