Search found 25 matches

by SoCalT
Tue Jul 24, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Distributing principal of trust with no income
Replies: 9
Views: 554

Re: Distributing principal of trust with no income

Okay looks like I don't need to file a 1040 or 1041 in this case since I'm not close to hitting the income minimums. That will be one less headache I have to deal with (though a small one). For now I'll just keep good records for myself and the other beneficiaries and distribute the principal once I...
by SoCalT
Tue Jul 24, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Distributing principal of trust with no income
Replies: 9
Views: 554

Re: Distributing principal of trust with no income

Sorry to hear about your father. Typically there are two types of tax returns you will need to do. One is the final return of the deceased tax payer and the other is the final return of the Trust. Did the cash generate interest during the time of the Trust? If so you will need to list it on the fin...
by SoCalT
Tue Jul 24, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Distributing principal of trust with no income
Replies: 9
Views: 554

Distributing principal of trust with no income

Good day Bogleheads. I have a question about trusts. My father recently passed and I am the trustee of his estate. His finances are very simple and his trust spells out how they're to be distributed. Dad had all his money in cash so this should be pretty simple as there is no income the trust is get...
by SoCalT
Fri Jul 13, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 7179

Re: Dave Ramsey made me laugh today

Yeah it's funny to laugh at DR's investment advise. Though I worry some people near retirement will take his advise to heart and go 100% equities. Then if the market takes a dive one year they'll really feel it hard.
by SoCalT
Thu Jul 05, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor: Jazz Wealth (CRD #282807)
Replies: 21
Views: 1648

Re: Financial Advisor: Jazz Wealth (CRD #282807)

Seen a bit of Justin's videos myself. It's a lot of good common sense advice. He stresses a lot of things like getting the 401K match, and saving with a Roth IRA also. However when he gets into the investing, he's definitely more of a active management type. He has said before that he can beat the m...
by SoCalT
Wed Jun 20, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Growth Fund, Target Fund, or Total Stock Market
Replies: 45
Views: 3091

Re: Life Strategy Growth Fund, Target Fund, or Total Stock Market

Is the Vanguard account you have a regular taxable account or a IRA? I ask because having corporate bonds in a taxable account (even as a portion of a mutual fund like target retirement) will give you more taxable income. Target Retirement is nice because it's a one and done fund, no need to get too...
by SoCalT
Fri Jun 15, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: What to put in taxable brokerage account?
Replies: 12
Views: 1289

Re: What to put in taxable brokerage account?

PTGuy1 wrote:
Fri Jun 15, 2018 12:55 pm
So, what would you NOT put in taxable brokerage account?
Things like corporate bond funds and mutual funds with high turnover.

Check out this in the wiki: Oldzey above me got the link in first!
by SoCalT
Fri Jun 15, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: What to put in taxable brokerage account?
Replies: 12
Views: 1289

Re: What to put in taxable brokerage account?

For my taxable I have Total US Stock Market index, and Total intl index funds. I also have a California muni bond fund. As for your mutual or ETF question, ETF's seem just fine but I prefer mutual funds. I like the ability to purchase fractional shares for example. If I came into a bonus at work for...
by SoCalT
Thu Jun 14, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: 24 years old starting my first rothIRA
Replies: 14
Views: 1264

Re: 24 years old starting my first rothIRA

1) Since you already have a Vanguard taxable account you can open a Roth IRA and it will be a second account you can access from Vanguard. Since you are employed right now with your internship then yes, click yes for employed. The reason it asks that is because you can only put money into a Roth IRA...
by SoCalT
Thu May 31, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 1155

Picking bonds for my HSA

Afternoon, Bogleheads. Right now I have acquired enough money in my new HSA that I can start investing new money into mutual funds. In the case of the HSA investment account I'd like to use more conservative investments instead of a S&P index option. There aren't that many options for bonds in my HS...
by SoCalT
Tue May 01, 2018 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway B
Replies: 65
Views: 7202

Re: Berkshire Hathaway B

I don't own it but if I ever switch to Geico I'll buy one share. If you own a share you get a discount on your car insurance.
by SoCalT
Fri Apr 20, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: mutual funds or etfs, why each
Replies: 36
Views: 3250

Re: mutual funds or etfs, why each

I like them mostly because of the ability to buy fractional shares. With ETFs I have to buy a whole number of shares which makes for leftover cash when I am trying to invest a certain amount.
by SoCalT
Tue Apr 17, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 2487

Re: Please help me with arguments for/against actively managed...

I remember once hearing Jack talk about compound interest and how it works both ways. Nowadays you can find all sorts of compound interest calculators online that you can show some real dollar amounts that demonstrate why expenses matter. Here is one I found with google: https://www.moneysmart.gov.a...
by SoCalT
Tue Apr 17, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: How to best use extra cash?
Replies: 1
Views: 333

Re: How to best use extra cash?

Does your employer sponsor a HSA plan? That could be another way you can save even more!
by SoCalT
Mon Apr 09, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 70
Views: 6531

Re: If you want an actively managed fund, which one would you use?

Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) is part of my portfolio. I believe it is actively managed. The reason I got it wasn't due to its actively managed nature though. It won't be too long before I hit Admiral shares and the expense drops by more than half. :-...
by SoCalT
Fri Mar 30, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Max 401(k) before ROTH IRA?
Replies: 12
Views: 1283

Re: Max 401(k) before ROTH IRA?

I do like the flexibility that a ROTH has for younger earners like yourself like the ability to withdraw contributions at any time. Of course I never do but there is always an outside chance for some dire dire emergency that would need me to drain my savings. Also since you're under 30 there is lots...
by SoCalT
Thu Mar 29, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA and Taxable at VG
Replies: 12
Views: 865

Re: Roth IRA and Taxable at VG

You'll be able to open a Roth with your current VG username. I have both a roth and taxable account on mine.
by SoCalT
Wed Mar 28, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Please
Replies: 11
Views: 1298

Re: Portfolio Help Please

For your Roth IRA's moving them to a Vanguard target retirement 2050 or 2055 fund could really simplify things for those accounts. And you shouldn't have to need to move them from TDA to make the purchase. And since it's a Roth IRA there would be no tax implications.
by SoCalT
Mon Feb 26, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand
Replies: 21
Views: 1716

Re: Help me understand

BogleMelon wrote:
Mon Feb 26, 2018 4:44 pm
Because
Appl can be next Nokia
Amzn can be next Sears
and so on.. (by the way, what is V)?!!
V is Visa, so to continue your analogy...
Visa can be the next Countrywide
by SoCalT
Tue Feb 20, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Bonus contribution to 401k
Replies: 9
Views: 1143

Re: Bonus contribution to 401k

Bonuses get taxed pretty hard more than a regular paycheck so I would opt for as much as I can since it's tax deferred.
by SoCalT
Tue Feb 06, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: "Fun" Money to Invest
Replies: 10
Views: 1452

Re: "Fun" Money to Invest

Fun money is great, but that USAA fund you have has a expense ratio over 1% and that ain't fun. Since you're looking for alternatives something as simple like a total market fund/ETF, or S&P500 fund/etf might be a nice easy thing to get into while cutting expenses. Downtothis gave some good companie...
by SoCalT
Tue Feb 06, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: sell and wait for further drop on Tax-Advantaged accounts?
Replies: 8
Views: 616

Re: sell and wait for further drop on Tax-Advantaged accounts?

If I had a crystal ball which could tell me when the markets will stop going down or up sure why not. :beer
by SoCalT
Mon Feb 05, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting the Boglehead's advice on my portfolio
Replies: 7
Views: 670

Re: Requesting the Boglehead's advice on my portfolio

You are actually doing quite well -- great set up! This is how I'd simplify a little bit more: 401K 31.73% Fidelity® 500 Index Fund - Institutional Class FXSIX 0.03 7.93% Fidelity® Extended Market Index Fund - Premium Class FSEVX 0.07 15.00% Fidelity® Global ex U.S. Index Fund - Premium Class FSGDX...
by SoCalT
Mon Feb 05, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Requesting the Boglehead's advice on my portfolio
Replies: 7
Views: 670

Re: Requesting the Boglehead's advice on my portfolio

Welcome. I would keep what you have in your 401k. Your funds look very reasonable. .52 isn't great, but still reasonable. 90/10 seems quite risky. See how you feel during these "market takes a pounding" days. 80/20 or 75/25 might be a better place to land as your investments grow. Good luck! Thanks...
by SoCalT
Sun Feb 04, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting the Boglehead's advice on my portfolio
Replies: 7
Views: 670

Requesting the Boglehead's advice on my portfolio

Hello Bogleheads, I wanted to get a second opinion on the makeup of my 401k. Last year my mother introduced me to her FP and he gave me some suggestions on my 401k funds, I took some of his suggestions and changed it up. Recently my mother showed me her retirement accounts to show me what her FP has...