Search found 85 matches

by peterwantstosave
Thu Oct 11, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Investing Philosophy
Replies: 11
Views: 967

Re: Investing Philosophy

Thank you all. I'm appreciative of all the feedback. On the pragmatic side, here's how I've got it laid out (automated). VSBSX is Vanguard Short Term Treasury Index Fund Admiral Shares. TIQRX is TIAA Equity Index Retirement Class. VTSAX is Vanguard Total Stock Index Fund Admiral Shares. VTSMX is Van...
by peterwantstosave
Sun Oct 07, 2018 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Investing Philosophy
Replies: 11
Views: 967

Re: Investing Philosophy

Hi Flyer24, no question exactly, but I welcome any feedback that folks may have for me. I feel like it's an accomplishment for me to get myself to write that philosophy and be committed to sticking to it, so I just felt like sharing with the group. Hope that's OK. I owe a lot of my financial good de...
by peterwantstosave
Sun Oct 07, 2018 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Investing Philosophy
Replies: 11
Views: 967

Investing Philosophy

Friends, I welcome your advice. It's taken me a long time to write the philosophy below. Investing Philosophy I am an automated total market index fund investor. I believe in keeping fees low, in centralizing investments and in being as passive as possible while remaining invested in the market. I i...
by peterwantstosave
Sun Apr 22, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: which retirement vehicle is best?
Replies: 7
Views: 1519

Re: which retirement vehicle is best?

Updated my original post, feel free to let me know if you have other questions and thanks
by peterwantstosave
Wed Apr 18, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: which retirement vehicle is best?
Replies: 7
Views: 1519

which retirement vehicle is best?

Friends, I currently use a Roth 403b and a Roth IRA. Taxes are low. Am I missing out on other Roth-style (no penalty, tax-free) retirement vehicles? For myself, no kids involved Is there anything I am missing that I should also be using? Thanks in advance, Peter Some additional information may be he...
by peterwantstosave
Mon Apr 09, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: 529 question
Replies: 4
Views: 661

Re: 529 question

thank you all for your insight

much appreciated

will plan to max out my 403b before i pursue this option

P
by peterwantstosave
Sun Apr 08, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: 529 question
Replies: 4
Views: 661

529 question

Friends, I've got no debt, a paid for house, am contributing 15% into a Roth each paycheck, have both pre-tax and post-tax 403b options. Single, Male, 34. I'm in South Carolina, and I know they offer some tax breaks if I do the state version, but I like the idea of keeping everything at Vanguard (an...
by peterwantstosave
Sun Mar 25, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: filed with turbotax, do I need to mail in anything?
Replies: 12
Views: 1152

It really doesn't say anything special (deleted after reply)
by peterwantstosave
Sun Mar 25, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: filed with turbotax, do I need to mail in anything?
Replies: 12
Views: 1152

Re: filed with turbotax, do I need to mail in anything?

nothing special about it at all.

so are you saying I don't need to mail anything at all?

P
by peterwantstosave
Sun Mar 25, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: filed with turbotax, do I need to mail in anything?
Replies: 12
Views: 1152

Re: filed with turbotax, do I need to mail in anything?

Thanks, kaneohe, for your reply they are all Box (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS All of my individual transactions are listed out EXCEPT for one line that says: General Mills Inc - see attached statement is it enough if I send just 1099? thx
by peterwantstosave
Sun Mar 25, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: filed with turbotax, do I need to mail in anything?
Replies: 12
Views: 1152

Re: filed with turbotax, do I need to mail in anything?

so, if I'm understanding you correctly,

all I need to send is the one line that says See Attachment, because the IRS has everything else they need?

thank you

peter
by peterwantstosave
Sun Mar 25, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Moving my Roth IRA from T Rowe to Vanguard?
Replies: 18
Views: 1675

Re: Moving my Roth IRA from T Rowe to Vanguard?

I was not required to do that (I didn't ask them, they didn't tell me). Online simplifies everything (which is something I've learned this year) sometimes picking up the phone just complicates the process. Vanguard has great funds, but absolutely awful telephone service. I've literally been on the p...
by peterwantstosave
Sun Mar 25, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Moving my Roth IRA from T Rowe to Vanguard?
Replies: 18
Views: 1675

Re: Moving my Roth IRA from T Rowe to Vanguard?

FWIW, I did this all online (didn't pick up the phone or get any physical signatures) and it was complete in about a month. Could not be simpler. I like having everything at VG.
by peterwantstosave
Sun Mar 25, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: filed with turbotax, do I need to mail in anything?
Replies: 12
Views: 1152

Re: filed with turbotax, do I need to mail in anything?

thanks Katie followup question: Only one of the lines on my 8909 form says "See attached statement." Is it enough to send the 8453, the 8909 and the 1099 for that line? I ask because I also have two wash sales, but those are listed out individually. Do I need to also send 1099s for the wash sales, o...
by peterwantstosave
Sat Mar 24, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: filed with turbotax, do I need to mail in anything?
Replies: 12
Views: 1152

filed with turbotax, do I need to mail in anything?

Friends, Just filed Federal and State with Turbotax. First Page on my Turbotax says Form 8453 with the following box checked: Form 8949, Sales and Other Dispositions of Capital Assets (or a statement with the same information), if you elect not to report your transactions electronically on Form 8949...
by peterwantstosave
Thu Mar 22, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: a quick checkup
Replies: 3
Views: 421

Re: a quick checkup

thanks for the reply

expenses are approx $1,800 per month
403b match is 3%

hope this helps

peter

i should add that anything i've done well i owe to the people on this board, you all really helped me get my ducks in a row :)
by peterwantstosave
Thu Mar 22, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: a quick checkup
Replies: 3
Views: 421

a quick checkup

Friends, I just wanted to ask the community for a quick checkup. e34/Single, 46k per year, net worth around $130k, trying to be as boglehead as I can. Paid Monthly. No Credit Card Debt, Zero Balance. Two Open Lines (Amex ($12,700 Credit Limit)) & Disc ($8,500 Credit Limit). 740 credit scores. $8,000...
by peterwantstosave
Wed Jan 31, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 8939

Re: I have an overwhelming gift I'm in need of help of please.

I'd pay off your house with it and put the rest in an emergency fund.

Hope this helps, Peter
by peterwantstosave
Wed Jan 31, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Here is how things stand, any comments welcome
Replies: 9
Views: 1285

Here is how things stand, any comments welcome

Friends, 34/Male. Single, $46,500/year, South Carolina $10,000 Emergency Fund (Credit Union Savings) $95,000 House (Own Free & Clear) Debt Free (Thanks Dave Ramsey!) $35,500 Total Portfolio $29,000 (403b & Old 401k (both @ TIAA)) $3,500 (Roth IRAs) $3,000 (Taxable Brokerage) Desired Asset Allocation...
by peterwantstosave
Tue Jan 23, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: completely new, trying to understand minimum investments
Replies: 17
Views: 958

Re: completely new, trying to understand minimum investments

Hi, there, I've been in your shoes, here is what I would do. Before you do any investing, make a monthly budget. Once you have a budget, open a savings account at your local credit union and save 3-6 months living expenses into that account. Then begin contributing up to a 401k Match or 403b Match. ...
by peterwantstosave
Tue Jan 23, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Confirming strategy?
Replies: 6
Views: 489

Re: Confirming strategy?

VTI - Vanguard Total Stock Market ETF That works. Your bond allocation seems low now. You might want to increase it depending on your desired asset allocation. Look at all the accounts in your portfolio as a whole, not any individual account. (Ie, if you want a 20% bond ratio, you might need 40% bo...
by peterwantstosave
Tue Jan 23, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Confirming strategy?
Replies: 6
Views: 489

Re: Confirming strategy?

Makes sense. I'm 34 by the way.

How about:

55/35/10 in 403b
100% VTI in ROTH
100% VTI in Taxable

P

edit: Vanguard Total Stock Market Index is VTI
by peterwantstosave
Tue Jan 23, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Confirming strategy?
Replies: 6
Views: 489

Confirming strategy?

Friends, At the risk of asking too much of you all again, I think I've finally got it. Emergency Fund (Credit Union) 403b (55 VTSAX/35 Blackrock Intl/10 CREF Bond) Roth IRA (100% Total Bond ETF BND) Taxable (100% Total Stock ETF VTI) Can you confirm for me? Aiming for simplicity, low-cost, high dura...
by peterwantstosave
Tue Jan 23, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Introducing Myself, Seeking Retirement Advice
Replies: 18
Views: 2820

Re: Introducing Myself, Seeking Retirement Advice

For those interested, just wanted to post an update. Decided to move everything I could to Vanguard. May eventually use Prime MM instead of Cred Union, but I don't mind having a brick and mortar place for emer cash. Emergency Fund: Credit Union Savings (3 Months) Retirement: 403b (55 VTSAX/35 Blackr...
by peterwantstosave
Sat Jan 20, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

yes the larger ones are being handled as t-2-t and taking distros for the smaller ones make sense

and thank you all
by peterwantstosave
Sat Jan 20, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: 32/M seeking advice on investing excess income in non-retirement accounts after maxing out 401K/IRA
Replies: 19
Views: 1969

Re: 32/M seeking advice on investing excess income in non-retirement accounts after maxing out 401K/IRA

Echoing others, maximize your retirement accounts.

If it were me, I'd put all bonds in tax advantaged accounts. VBTLX Vanguard Total Bond

I'd use low turnover, low ER total stock funds in taxable. I'd use VTSAX in taxable

Hope this helps, P
by peterwantstosave
Sat Jan 20, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

thanks, Alan
by peterwantstosave
Sat Jan 20, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Job offer - no 401k offered
Replies: 35
Views: 4688

Re: Job offer - no 401k offered

I am considering a job offer - like everything about the job except the employer does not offer 401k at all. As DH is also working, what are our options in lieu of 401k to save on taxes ? We understand IRA may be an option but it has a limit of $5500 vs the $18500 limit of 401k. Any suggestions ple...
by peterwantstosave
Sat Jan 20, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

thank you retiredjg
by peterwantstosave
Fri Jan 19, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Need help investing $10K
Replies: 15
Views: 1284

Re: Need help investing $10K

VTSAX - Vanguard Total Stock Market Admiral. Costs 10k.

I will say though that the more information you give us, the more we can help you. My question is: How much risk are you wiling to take? Are you willing to potentially lose it all?
by peterwantstosave
Fri Jan 19, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 61
Views: 4722

Re: Help with inherited investment account

Grt2be is correct. I was understanding that the money was in a taxable account.
by peterwantstosave
Fri Jan 19, 2018 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

I contributed more than $11, the $11 is what's left after fees/commissions. Does the fact that I'm taking a loss change things? Thank you, P
by peterwantstosave
Fri Jan 19, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

Friends, This was my interaction with Capital One just now. Can I have some advice about what to do from the BGH community? Joshua Crist at 15:45, Jan 19: Good afternoon Peter, how may I help you? Peter at 15:45, Jan 19: HI Joshua, I've got a CapOne Trad IRA with $11,10 in it and I'd like to close t...
by peterwantstosave
Fri Jan 19, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 61
Views: 4722

Re: Help with inherited investment account

Reading everything you've said, I'd open:

Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX)

Put it all (100%) in there.

My rationale is that one fund will make it so much easier to manage, that's a great fund, it's moderately aggressive, and really cheap to hold.

Hope this helps, Peter
by peterwantstosave
Fri Jan 19, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

thank you all, started the Fidelity (200), T Rowe Price (1000), TIAA (700) & US Bank (400) transfers to Vanguard Roth IRA. The others are tiny balances ($0 Wealthsimple, $1 Ally $3 Schwab, $10 Capital One, $41 Wells Fargo). Should I load each of these up to $100, so that there is enough in each one ...
by peterwantstosave
Fri Jan 19, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

Great, thank you.

One more question: Is there a limit to the number of transfers I can complete per year? (i.e. is it OK if I transfer all nine this week?)

P
by peterwantstosave
Fri Jan 19, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

Re: consolidating ROTH IRAs?

Thank you both. A followup: How am I charged the account transfer and/or closing fee? Do they send me a bill? Do they take it out of my account? Or?

P
by peterwantstosave
Fri Jan 19, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 4168

Re: Considering PhD...but so much to consider...

I have a PhD and I have never once regretted it. Best investment I ever made. It's worth it, so long as you're committed to finishing and are willing to move for the right job. (I did and I did.) Ignore those who say it can't be done, because if you prioritize, it is very doable.

P
by peterwantstosave
Fri Jan 19, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 1376

consolidating ROTH IRAs?

Friends, Before I found this forum in November, my financial life was rather messy. This forum has helped me clean up this mess in many ways. I still have nine Roth IRAs though across time @ Vanguard, T Rowe Price, Fidelity, Capital One, Schwab, US Bank Investments, Wealthsimple, TIAA & Wells Fargo....
by peterwantstosave
Thu Jan 18, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting to INVEST!
Replies: 26
Views: 2042

Re: Newbie wanting to INVEST!

Hi there, for what it's worth, here's what I do: Three Month Emergency Fund (50% Big Bank Checking, 50% Credit Union Savings) As little consumer debt as possible (put all expenses and spending on two CCs, pay each off in full each month). 403b to Match (TIAA, 55% Total Stock, 35% Intl Stock, 10% Bon...
by peterwantstosave
Thu Jan 18, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 9085

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I didn't mean to be snarky, I hope OP uses the program if it helps them. i wish I would have had the program long ago, I was just sharing my experience to say that I've gotten a lot out of the Bogleheads advice.

Hope this helps, P
by peterwantstosave
Thu Jan 18, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 9085

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

In the two or so months since I've found this forum, I've learned more about investing on my own than ever before. Based on this forum, and what I've watched and read, here is my financial plan. Feel free to copy it if you wish. Three Month Emergency Fund (50% Big Bank Checking, 50% Credit Union Sav...
by peterwantstosave
Wed Jan 17, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX need advice [Vanguard Total Stock Market]
Replies: 66
Views: 13487

Re: 100% VTSAX need advice [Vanguard Total Stock Market]

I'd do VFIFX if I were the OP. Plenty of stocks, some Intl, some bonds. Just as easy to manage as VTSAX.

If OP wants an actively managed fund, VWELX would work just fine too. It's been around since 1929, and is a fine mix.

There are good "one funds" that have some bonds and intl in them

P
by peterwantstosave
Sat Jan 13, 2018 11:51 am
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 105
Views: 19620

Re: [Virtual online chapter - Master thread]

Sent you an email

Looking forward, P
by peterwantstosave
Sat Jan 13, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Three piles approach to new money?
Replies: 4
Views: 773

Re: Three piles approach to new money?

Thanks, all. I watched all the videos linked above and came to VFIFX as my conclusion.
by peterwantstosave
Sat Jan 13, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Three piles approach to new money?
Replies: 4
Views: 773

Three piles approach to new money?

Friends,

Does anyone split new money into three piles like this? I'm thinking it might work for me

Vanguard Fed Money Market: VMFXX
Vanguard Total Stock Index VTSMX
Vanguard 2050 VFIFX

Previous experiences much appreciated

P
by peterwantstosave
Sat Dec 30, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: will VG allow me to open additional accounts?
Replies: 3
Views: 536

Re: will VG allow me to open additional accounts?

All complete, in about five minutes online.

Thank you both

P
by peterwantstosave
Fri Dec 29, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: will VG allow me to open additional accounts?
Replies: 3
Views: 536

will VG allow me to open additional accounts?

Friends, Now that I have an investment plan and a strategy (thanks in large part to this board), I've decided I'd like to open up another Vanguard account and another Roth IRA and run everything through those two accounts I see this as a kind of financial refocusing in my life, and so would like to ...