Search found 70 matches

by mpnret
Sat Jan 19, 2019 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump our wealth planner/financial advisor?
Replies: 38
Views: 2978

Re: Should I dump our wealth planner/financial advisor?

lostdog wrote:
Sat Jan 19, 2019 11:42 am
Will PAS also take care of the transfers?
Yes. Contact Vanguard first, not your advisor.
by mpnret
Mon Jan 07, 2019 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Technical issues with Vanguard
Replies: 14
Views: 1698

Re: Technical issues with Vanguard

Works fine for me. For a test I just added Fidelity Balanced (FBALX) to my outside investments. PW pie chart stocks and bonds values change as expected and nothing shows up in other.
by mpnret
Sun Jan 06, 2019 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Technical issues with Vanguard
Replies: 14
Views: 1698

Re: Technical issues with Vanguard

My outside investments still show as expected on pie chart. Nothing shown as other. I don't have any mutual funds in outside investments but I was under the impression that you need to update them yourself.
by mpnret
Sat Dec 29, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: What is the best return and reliability on a checking account right now?
Replies: 23
Views: 1496

Re: What is the best return and reliability on a checking account right now?

1. Vanguard Advantage account uses the Fed Money Market Fund and is paying 2.3%. Free to some. Hard to find on their site. Not FDIC insured. Other brokerages might have similar/better type accounts like these e.g. Fidelity, Schwab. +1 on Vanguard Advantage Checking. Flagship status ($1M in specific...
by mpnret
Sat Dec 29, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: What is the best return and reliability on a checking account right now?
Replies: 23
Views: 1496

Re: What is the best return and reliability on a checking account right now?

1. Vanguard Advantage account uses the Fed Money Market Fund and is paying 2.3%. Free to some. Hard to find on their site. Not FDIC insured. Other brokerages might have similar/better type accounts like these e.g. Fidelity, Schwab. 2. Alliant Credit Union. Pays 0.65% on checking -lots of no fee ATM...
by mpnret
Sat Dec 29, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6443

Re: Vanguard personal advisor service (PAS) for high net worth?

That sounds good. While you can replicate the index with individual securities, at least for U.S. large cap stocks, it's easier to use an index. High net worth individuals don't need annuities to protect against living too long and running out of money; and investment-type annuities generally don't...
by mpnret
Thu Dec 27, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: How much of VG Prime MM (VMMXX) Dividend is exempt from state tax?
Replies: 27
Views: 2017

Re: How much of VG Prime MM (VMMXX) Dividend is exempt from state tax?

California, Connecticut, New York require 50% or more of a fund to be federal gov obligations to be state tax exempt, New Jersey requires 80% or more. VMFXX is 69% gov obligations, VUSXX is 100%, but in the past I've deducted the portion of the fund that was exempt. You need to read the link I prov...
by mpnret
Thu Dec 27, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: How much of VG Prime MM (VMMXX) Dividend is exempt from state tax?
Replies: 27
Views: 2017

Re: How much of VG Prime MM (VMMXX) Dividend is exempt from state tax?

I thought it was VMFXX that was more tax efficient It is but that does not mean there is no federal obligations in Prime. Btw, as a NJ resident I know to read the footnotes, neither fund is eligible for NJ taxpayers. One of the ways NJ has probably the most onerous tax laws in the USA by not extend...
by mpnret
Wed Dec 26, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawal phase - Monthly vs Annually in Retirement?
Replies: 28
Views: 2540

Re: Withdrawal phase - Monthly vs Annually in Retirement?

Friends, Is their an advantage or benefit one way or the other concerning the method one chooses to withdraw from a 60/40 balanced portfolio in a traditional IRA in retirement? Specifically, is it better to make equal monthly withdrawals (based on the total annual amount desired) or make one annual...
by mpnret
Wed Dec 26, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my retirement plans
Replies: 13
Views: 1925

Re: Thoughts on my retirement plans

There's another reason to delay SS, beyond the immediate rate of return. SS is indexed to inflation, while investment returns are not. So, even if your investment returns were 8%, delaying SS for another 8% return per year (indexed to inflation!) would still be the better choice. Delaying SS is not...
by mpnret
Sun Dec 16, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Which Funds to Take RMD From
Replies: 34
Views: 4832

Re: Which Funds to Take RMD From

...I do just the opposite of what you are suggesting. Pay no estimated taxes throughout the year and have my enire tax bill deducted (both fed and state) from my RMD which I take at the end of the year. That way all your money stays invested tax deferred throughout the year and you don't pay any ta...
by mpnret
Sun Dec 16, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Which Funds to Take RMD From
Replies: 34
Views: 4832

Re: Which Funds to Take RMD From

As far as having Vanguard withhold taxes on the RMD, I was thinking of NOT doing that, but instead adjust my quarterly estimated taxes to make sure the following April 15th I don't owe a large amount in taxes. The theory being you earn on the funds not withheld -- at least you earn longer with the ...
by mpnret
Thu Nov 29, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Any Schwab Investors using Intelligent Portfolio??
Replies: 6
Views: 676

Re: Any Schwab Investors using Intelligent Portfolio??

SIP funds have a higher ER than my VG 4 fund portfolio plus the cash drag is costly but I guess they are entitled to make money. Just not from me. Do a search on the forum lots of discussion on this especially the cash drag.
by mpnret
Mon Nov 26, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio (IP) or Three-fund in Retirement?
Replies: 10
Views: 1162

Re: Schwab Intelligent Portfolio (IP) or Three-fund in Retirement?

May I ask a silly question? (I am still learning) If the cash portion of the robo-portfolio is so high, can we mitigate this problem by just having less cash in an emergency fund? For example, suppose my emergency fund is $70000 and cash portion of IP would be $50000. So I set up the IP(where cash ...
by mpnret
Mon Nov 26, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio (IP) or Three-fund in Retirement?
Replies: 10
Views: 1162

Re: Schwab Intelligent Portfolio (IP) or Three-fund in Retirement?

You may want to do a search on Schwab Intelligent Portfolio or SIP on the forum. Lots of past discussion. Here is one: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=254802&p=4037763#p4037763 I don't use SIP but did evaluate awhile back and found Schwab had hidden fees. Maybe I shouldn't call ...
by mpnret
Sun Nov 18, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 71
Views: 10797

Re: How exactly does Vanguard's RMD service work? Rebalancing?

Would anyone want to consider taking their RMD late in the year if the market tanks during the year ? This scenario would allow you to decide to take your RMD from the Bond side of the portfolio as opposed to the equity side. I start RMD's next year and that is my plan. I just signed up on Vanguard...
by mpnret
Wed Oct 10, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 48
Views: 4845

Re: anybody sell I Bonds to buy something else?

My I bonds have been paying close to 6% for over 20 years now. When they start maturing soon and I have to cash in I will most likely buy more. With today's purchase limits I will get nowhere near what I have now (high 6 figures). May add some treasuries or whatever.
by mpnret
Wed Oct 10, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 5023

Re: Vanguard website today

9:55am: Main page not displaying correctly. Also getting internal server error and information not available when clicking on some of the links.
by mpnret
Fri Oct 05, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Whew! Stock market is no longer at all-time highs, so ...
Replies: 34
Views: 5600

Re: Whew! Stock market is no longer at all-time highs, so ...

triceratop wrote:
Fri Oct 05, 2018 4:29 pm
Great news. Now people will ask if stocks and bonds even make sense at this time, when both are declining. Should I invest only in T-bills? But even they can decrease in value. Bank deposits for me.
Close to 1 mil in I bonds. Never went down and never went to a bank.
by mpnret
Sun Sep 30, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4916

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

Yes, though what has been communicated is that all accounts will eventually become brokerage accounts. I think those that think they can hold out forever are kidding themselves. You are 100% incorrect. Look at the % of stocks in the financial services sector of your index funds. Many employees in t...
by mpnret
Sat Sep 29, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Computershare Transfer Question
Replies: 24
Views: 3578

Re: Computershare Transfer Question

While the OP has already finished their transfer, for the benefit of others who will come across this thread in the future, this past summer, I transferred my T stock to Vanguard. I called Vanguard on the phone regarding medallion signatures, because I couldn't find a local bank that could do them....
by mpnret
Tue Sep 25, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)
Replies: 23
Views: 6780

Re: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)

The answer probably depends on the tax rate of the state you live in. - VSUXX , being a treasury fund, is only taxable at the federal level. - VMMXX is taxable at both federal and state levels. - VMFXX is more complicated, but in general is partially taxable at only the federal level, and partially...
by mpnret
Sun Sep 23, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 12122

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

fortfun wrote:
Sat Sep 22, 2018 9:41 pm
jeff1949 wrote:
Sat Sep 22, 2018 10:36 am
SeekingAPlan wrote:
Fri Sep 21, 2018 5:49 pm
Have you considered the Ally No Penalty 11 Month CD? It is currently paying 2.1%.
^THIS^ is what I do. Seems a no-brainer to me.
Me too.
Synchrony Bank has a 13 month CD at 2.65% APY.
by mpnret
Wed Sep 12, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 66
Views: 5342

Re: Fidelity, Schwab, or Vanguard

I recently did this same evaluation for my own portfolio plus my wifes. I like the fact that Schwab has a local office I could go to if necessary. Other than that I felt Schwab was trying to sell me extra cost options too hard. I felt if something ever happend to me they would really ramp this up on...
by mpnret
Wed Sep 12, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 42
Views: 3396

Re: Opinion's: Best time to withdraw RMD's when required to do so.

I do one RMD late in the year with my entire tax due deducted from that. That way your money remains invested tax defered for the year plus you only make the one tax payment (deducted from RMD) at the end of the year. No estimated tax payments throughout the year or tax deducted from other income. W...
by mpnret
Mon Sep 10, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?
Replies: 38
Views: 5247

Re: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus mo

I viewed the Vanguard brochure for the Advantage account and it has a lot of useful features (in subject). I did try a search on the forum and didn't come up with much other some old posts. Anyone using it and care to comment? It looks like Vanguard stopped marketing this account. If I go to Vangua...
by mpnret
Sun Sep 09, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Move Individual Stock Portfolio to Vanguard
Replies: 5
Views: 744

Re: Move Individual Stock Portfolio to Vanguard

Thanks. Thats certainly great news. I do have a follow up question. Will all the transaction history, dividend reinvestment, and cost basis transfer over. With Computershare I can select any one of my stocks and see the complete transaction history all the way back to purchase. That list can be expo...
by mpnret
Fri Sep 07, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Move Individual Stock Portfolio to Vanguard
Replies: 5
Views: 744

Move Individual Stock Portfolio to Vanguard

I have most of my investments with Vanguard except for Ibonds, local bank stuff, internet bank stuff and a fairly large portfolio of individual stocks with Computershare. I decided to keep the stocks rather than sell and pay the capital gains. Time to sell would be when my wife gets the step up or l...
by mpnret
Tue Sep 04, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3965

Re: DIY: Three versus One! Are the Advantages Worth it?

Instead of the life strategy fund I just purchased the funds it holds. I re-balance once a year and the lower expense ratio saves me a few thousand a year. Plus it allows me to fine tune the mix. Others may prefer the convenience of a life strategy and may not mind paying a little more for not havi...
by mpnret
Mon Sep 03, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3965

Re: DIY: Three versus One! Are the Advantages Worth it?

Instead of the life strategy fund I just purchased the funds it holds. I re-balance once a year and the lower expense ratio saves me a few thousand a year. Plus it allows me to fine tune the mix. Others may prefer the convenience of a life strategy and may not mind paying a little more for not havin...
by mpnret
Mon Sep 03, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Commentary? (Mid-7 figures.)
Replies: 18
Views: 1658

Re: Portfolio Review and Commentary? (Mid-7 figures.)

Just trying to word things as nice as possible.
by mpnret
Mon Sep 03, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Commentary? (Mid-7 figures.)
Replies: 18
Views: 1658

Re: Portfolio Review and Commentary? (Mid-7 figures.)

No, I haven't looked into "backdoor" Roths. It seems a little complicated, and I thought there was an effort to close that door, but I should at least figure out how they work. Thanks for the suggestion. its not. a few clicks at vanguard and turbotax. lots of tutorials. actually it was just approve...
by mpnret
Sun Sep 02, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Calculated I-bond Values
Replies: 18
Views: 1589

Re: Calculated I-bond Values

Assuming repeating the entire process works and you are able to see your inventory at TD. Then click on the blue box about center of the page titled "How to save your inventory". This will take you to directions for saving with IE 11.
by mpnret
Sun Sep 02, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: car buying-subaru outback touring good price?
Replies: 18
Views: 1021

Re: car buying-subaru outback touring good price?

You need a car site like subaruoutback.org. A site like true car is also good. I trade out my Subarus every few years and 2% below dealer invoice (not sticker) is a good price to shoot for. True car will inform you what the dealer invoice is for the way your car is configured. At subaruoutback.org y...
by mpnret
Sun Sep 02, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Reducing expense ratios and simplifying... perhaps with a single fund.
Replies: 11
Views: 1107

Re: Reducing expense ratios and simplifying... perhaps with a single fund.

As long as you understand the risks with being 100% equities and are willing to accept them it looks like a good plan. Being the money is long term and you don't really need it plus your dual pensions puts you in a good position to do this. I personally would be more comfortable with a more balanced...
by mpnret
Sun Sep 02, 2018 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Calculated I-bond Values
Replies: 18
Views: 1589

Re: Calculated I-bond Values

Sport, It sounds like you are using the process I outlined in a post above. You first exported a HTML from Savings Bond Wizzard and saved it. So now each time you want to update your inventory you open that HTML and select go to Savings Bond Calculator which opens Treasury Direct and you should see ...
by mpnret
Sat Sep 01, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Calculated I-bond Values
Replies: 18
Views: 1589

Re: Calculated I-bond Values

I just tried mine and it is working fine with Windows 7. Back in May I exported to HTML from Savings Bond Wizzard and keep the file in my financial folder. To view I double click the file which opens the file with the inventory values from back in May. Then I click the go to Savings Bond Calculator ...
by mpnret
Fri Aug 31, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 5300

Re: Will I ever sell Ibonds from 2001 - 3% fixed

I have some shares of VTSAX that have an annualized 10% return for the last 10 years. I'd trade in those 3% Ibonds for some VTSAX. Bonds are a terrible long-term investment relative to equities. Trade in those Ibonds and "lock up" some VTSAX shares. :moneybag I guess that's true if your asset alloc...
by mpnret
Fri Aug 31, 2018 4:25 am
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 5300

Re: Will I ever sell Ibonds from 2001 - 3% fixed

I have some shares of VTSAX that have an annualized 10% return for the last 10 years. I'd trade in those 3% Ibonds for some VTSAX. Bonds are a terrible long-term investment relative to equities. Trade in those Ibonds and "lock up" some VTSAX shares. :moneybag I guess that's true if your asset alloc...
by mpnret
Sun Aug 26, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?
Replies: 38
Views: 5247

Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?

I viewed the Vanguard brochure for the Advantage account and it has a lot of useful features (in subject). I did try a search on the forum and didn't come up with much other some old posts. Anyone using it and care to comment?
by mpnret
Sun Aug 19, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 45
Views: 4681

Re: Retirees: Timing your withdrawals

Once at the end of the year works for me. That way money stays invested tax advantaged for the year. The best part is you can have your entire tax for the year deducted from this end of the year payment so your tax also stays invested for the year. Tax deducted with this method is considered as paye...
by mpnret
Sat Aug 18, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Morgan Stanley- Schwab or Vanguard
Replies: 10
Views: 1342

Re: Moving from Morgan Stanley- Schwab or Vanguard

Per the disclaimer on the Schwab website they make their money from the cash portion of accounts and the expense ratio of the funds which is an average of .17% for Schwab Intelligent Portfolios. Thats over double my expense ratio at Vanguard and I don't have to deal with the cash drag. Here is a rec...
by mpnret
Tue Jul 31, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for New Retiree
Replies: 5
Views: 751

Re: Portfolio Review for New Retiree

We will both start RMDs this year which will provide additional low 6 figure income/yr. The RMD does not provide any additional income. There is nothing preventing you from simply reinvesting it. You do not need to spend it. It does COST taxes as IF it were income. Yes I realize that. I was merly s...
by mpnret
Tue Jul 31, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for New Retiree
Replies: 5
Views: 751

Re: Portfolio Review for New Retiree

Thank you both for your responses and suggestions. I noticed you both mentioned getting rid of the individual stocks and both hit on one of the reasons I may not - taxable gains. I fully understand the reasoning of getting rid of these but they do fullfill one of my needs of not having all of my mon...
by mpnret
Tue Jul 31, 2018 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for New Retiree
Replies: 5
Views: 751

Portfolio Review for New Retiree

Hi Everyone - I have been lurking here for a while now and have hopefully learned a quite a bit. With this knowledge I have put together a proposed portfolio. Thanks in advance for your time and help. Background Both retired. 2 pensions and 2 social securities provide low 6 figures/yr which we could...
by mpnret
Thu Jul 26, 2018 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios (2 months in)
Replies: 27
Views: 3023

Re: Schwab Intelligent Portfolios (2 months in)

There is no cash drag in SIP. I've proved this over and over yet the myth continues to be spread. as person who was involved in launch of SIP, please find re-read regulatory fillings for SIP. the 'cash drag' is how you pay for it (as it is how Schwab makes money from these balances), by intent, thi...
by mpnret
Wed Jul 25, 2018 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios (2 months in)
Replies: 27
Views: 3023

Re: Schwab Intelligent Portfolios (2 months in)

Once I accounted for the cash drag and higher expense ratio in SIP, I found it was actually cheaper to pay for Vanguard Personal Advisory Service.
by mpnret
Thu Jul 19, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9387

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Sell it and diversify. If you just inherited it you should get a step in cost basis and not have to worry about the tax hit. If that's the case now is the time.
by mpnret
Thu Jun 28, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 6729

Re: Vanguard is really pushing their Personal Adviser Service

I don't get PAS at all. Much cheaper to just answer VG's questionnaire (10 questions or so), then just buy the applicable Lifestrategy fund. And if you think your situation has changed.... you guessed it; take the questionnaire again, and switch to the applicable Lifestrategy fund. Everything comes...
by mpnret
Thu Jun 28, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 6729

Re: Vanguard is really pushing their Personal Adviser Service

I don't get PAS at all. Much cheaper to just answer VG's questionnaire (10 questions or so), then just buy the applicable Lifestrategy fund. And if you think your situation has changed.... you guessed it; take the questionnaire again, and switch to the applicable Lifestrategy fund. Everything comes...