Search found 79 matches
- Tue Mar 05, 2019 2:27 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Just use Vanguard and buy 1M of Total world stock indexed fund or ETF. White Maxima, thinking back over what you advised. I can't put your idea to invest 100% of my money together with the rule of thumb I read everywhere that I should be investing 10% of my money and putting the rest in savings of ...
- Mon Mar 04, 2019 4:43 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Hi TylerLearning, just happened upon this thread today. I have read your past posts on worrying about losing your money or control of your money. That is the beauty of Vanguard. You are the boss! Once you establish a basic portfolio you can tweak and modify it as your knowledge increases or your li...
- Mon Mar 04, 2019 4:39 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Oh, White Maxima. The thread is so long. On advice from here, I left my advisor already last August. First attempt to move from Schwab to Vanguard was a bust. Thanks, "TL"WhiteMaxima wrote: ↑Wed Feb 27, 2019 4:12 pm You don't need an advisor. Just use Vanguard and buy 1M of Total world stock indexed fund or ETF.
- Mon Mar 04, 2019 4:32 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
"Hi Tylerlearning, I know this is a long thread over a long time, but I did notice you are still responding so let me relate to you my recent experience. ... 1. I called Vanguard, explained I wanted to open an account and move my portfolio over. They assigned me a manager. He in turn assigned ...
- Tue Feb 26, 2019 8:23 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
What I expect .... About $1060 at 66-1/2 from Social Security. I am sorry for your loss. Strongly suggest waiting until age 70 to take Social Security. For every year deferring after full retirement age you get an additional 8% monthly. By age 70, that's $1,357 per month by my calculations. You not...
- Sat Feb 09, 2019 7:08 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Sandtrap, hello, [/quote] The way to negate this is to post a new post requesting a "Portfolio Review" in the appropriate format. I believe this has been suggested earlier. https://www.bogleheads.org/wiki/Asking_portfolio_questions You will have few responses from the senior experienced po...
- Sat Feb 09, 2019 6:57 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Alpine, hello, there's nothing wrong with CDs (I also own some myself). In some cases (when you shop for the best CDs) you'll find ones that yield more than treasuries of the same duration (e.g. 2 year treasuries now have 2.5% yield), and the safety (up to the 100k FDIC insured amount) should be the...
- Sat Feb 09, 2019 4:42 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Dear Fred: Your services are no longer needed. Please get Schwab to remove your trading authority from my account today. Also immediately stop charging any AUM fees. Thanks, It is also worthwhile to do a little research to find the "compliance officer" at the branch where you account is l...
- Sat Feb 09, 2019 4:31 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Germark, hello. 1. I have and can read all statements--for me, this in your reply was the core of the matter: They're relying on you to understand that there is non-investment activity that occurred that might be skewing the results. Calling Schwab three times I still had no one say: the results are...
- Sat Feb 09, 2019 3:23 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Alpine, hello and thank you. I will skip over all the misunderstandings about my situation, how much I've hesitated, studied or understand, and so on. There are simply factors involved for me that aren't appropriate to discuss on a public forum. But I'm curious about this that you took the time to ...
- Sat Feb 09, 2019 12:47 am
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
It sounds like you are a cautious investor and would prefer the safety of CDs to the higher growth/loss of more stocks and bonds. Someone had posted long ago to consider Vanguards Life Strategy Conservative Growth. That may be a good possibility to hold some of your money in addition to CDs. Vangua...
- Fri Feb 08, 2019 8:54 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Wenonah As someone who also asks a lot of questions before they make any moves, I, too, recognize paralysis by analysis. Call Vanguard Financial Advisory Services and get an appointment with an advisor and they will help you and ask you questions, but guide you. We went to a fee only financial advi...
- Fri Feb 08, 2019 7:43 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Wenonah As someone who also asks a lot of questions before they make any moves, I, too, recognize paralysis by analysis. Call Vanguard Financial Advisory Services and get an appointment with an advisor and they will help you and ask you questions, but guide you. We went to a fee only financial advis...
- Fri Feb 08, 2019 4:39 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Hallo TylerLearning, I just browsed quickly through your travail.:) I got curious. It seems you are still not settled? If this is all too overwhelming now I think as someone suggested that you should just leave it be and do some reading and discussing. To give a tip anything that John Bogle wrote. ...
- Fri Sep 07, 2018 1:26 am
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
What's the tax implications for a single premium annuity? I'm new to the entire matter and hope someone(s) will give you helpful answers. I've also had some luck putting search terms in the Subject box--in your case, "tax implications" and so on, try as many variations as you can think of...
- Fri Sep 07, 2018 12:10 am
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
https://www.flickr.com/gp/10712628@N02/65v7qL I could not find the page. But here is a screen capture of the results I saved a while back... You choose AA and time frame with the sliders at the bottom, and results are displayed graphically as above. You may want to do a search and see whether you c...
- Thu Sep 06, 2018 11:11 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
I messed up the quote system - Quote is in italics - response below in regular text. --> Thank you for your reply and encouragement. --> I don't have much sense of what "kind" of account I'll end up in Schwab post-de-linking. Sadly, I couldn't get a clear answer from Schwab. [insert frown...
- Thu Sep 06, 2018 12:27 am
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Congratulations! You're making progress. I would start with Option C: De-Link the Account . This will accomplish your objective of removing the FA and associated fees. That done, you can evaluate whether you want to continue using Schwab or select Option B and transfer the funds to Fidelity or Vang...
- Wed Sep 05, 2018 10:43 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Hello, I am adding this to my OP (below). Following advice from this forum, I've asked my independent FA to help me end our relationship (and my son's with him, too). He had opened a Schwab account, where my money is now. I talked to Vanguard today, having read here that I could just call Vanguard ...
- Wed Sep 05, 2018 10:13 pm
- Forum: Personal Investments
- Topic: How to Begin with 50,000
- Replies: 13
- Views: 1303
Re: How to Begin with 50,000
You begin the same as with any amount. Pick an asset allocation, move the funds someplace that won't charge a fee for advice, administration and oversight, and spread the money according to your asset allocation. Check in again in a few years, or not, just leave it invested. Thank you. Do you have ...
- Thu Aug 30, 2018 6:19 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
https://www.flickr.com/gp/10712628@N02/65v7qL I could not find the page. But here is a screen capture of the results I saved a while back... You choose AA and time frame with the sliders at the bottom, and results are displayed graphically as above. You may want to do a search and see whether you c...
- Thu Aug 30, 2018 3:52 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
These historic figures may help https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later Gilgamesh, this link is p...
- Thu Aug 30, 2018 2:28 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Tylerlearning Read the book by Jane Bryant Quinn "How to Make your Money Last" She is a great writer and makes things very understandable. There are other books in the Wiki here that are also excellent. Bryant says her book is about budgeting, mortgages, debt, and investing while waiting ...
- Thu Aug 30, 2018 1:15 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Tylerlearning Just reading thru this thread this AM. I get the feeling that you are very overwhelmed at this point. You have been given lots of good advice but I feel your hesitation in making any changes. I am going to take a different approach. I advise you to do nothing for at least a month. You...
- Wed Aug 29, 2018 10:48 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
I have a Schwab account with the same balance as yours and my wife has a Vanguard account. I don't think there is much difference - in fact, I prefer Schwab. However, I did not sign up for their advisory services as I invest on my own. No AUM charges if you decide to go that route. In other words, ...
- Wed Aug 29, 2018 8:53 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
These historic figures may help https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later Gilgamesh, this link is p...
- Wed Aug 29, 2018 12:58 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
These historic figures may help https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later Gilgamesh, this link is p...
- Tue Aug 28, 2018 11:03 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Ah CA. High state tax but I doubt your income/spending will justify the complexity of CA tax exempt bonds. I still think overall you’ll be most happy in tbe Lifestrategy moderate growth 60/40 fund. Easy and still pretty tax-efficient at your income level. Multiple funds will cause its own inefficie...
- Tue Aug 28, 2018 8:01 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Ah CA. High state tax but I doubt your income/spending will justify the complexity of CA tax exempt bonds. I still think overall you’ll be most happy in tbe Lifestrategy moderate growth 60/40 fund. Easy and still pretty tax-efficient at your income level. Multiple funds will cause its own inefficie...
- Tue Aug 28, 2018 6:58 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Question noted.WhiteMaxima wrote: ↑Tue Aug 28, 2018 2:33 pm Doubling it to 2 mil. Actually it only takes you 10 years assuming you can get 7% annual return. How to make 7% a year? That't I would like to hear from your guys.
- Tue Aug 28, 2018 6:55 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Thanks, I'll look into that.billthecat wrote: ↑Tue Aug 28, 2018 1:30 pmBuying VCADX seems pretty straight forward.MotoTrojan wrote: ↑Tue Aug 28, 2018 10:55 am Ah CA. High state tax but I doubt your income/spending will justify the complexity of CA tax exempt bonds.
- Tue Aug 28, 2018 6:51 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Ah CA. High state tax but I doubt your income/spending will justify the complexity of CA tax exempt bonds. I still think overall you’ll be most happy in tbe Lifestrategy moderate growth 60/40 fund. Easy and still pretty tax-efficient at your income level. Multiple funds will cause its own inefficie...
- Tue Aug 28, 2018 6:45 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
What I expect No retirement accounts or pensions. Freelance income as long as I’m able: $6-10,000 Will qualify for Medicare. About $1060 at 66-1/2 from Social Security. Hopes, wild and other 1. To live off the earnings from investment. 2. To be a little freer with money than I’ve been for a long ti...
- Mon Aug 27, 2018 10:07 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
These historic figures may help https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later Gilgamesh, this link is p...
- Mon Aug 27, 2018 10:01 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
I think Vanguard is ideal for someone who is unsure of investing. They have great low-cost (low-ER) funds and won't lead you into expensive choices like others may or may not. Contacting the V PAS would give you some idea of what they suggest for investing. It could be 4-10 low-ER funds covering US...
- Mon Aug 27, 2018 9:26 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Given that the OP has his money in a taxable account, does it make any sense to use two or three funds, with the bond portion in something like municipal bonds? Thank you for the question. Anyone? OP only spends $25K/yr so I don’t think they’ll be in a tax-bracket that would make that a win. I thin...
- Mon Aug 27, 2018 9:08 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Investopedia has a great email that it sends out daily, explaining terms like yield and moving averages and so on. I know most of it, but I like to stay on the list to see what concepts I've not understoof yet. https://www.investopedia.com/corp/emailcampaign.aspx Konnichiwa, peterinjapan. Oh, it's ...
- Mon Aug 27, 2018 9:02 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
It is not that simple. Stocks and bonds pay dividends but their price also goes up and down (stocks get most of their growth from price appreciation, not dividends). You can't just do the math and figure out what interest rate you are going to get. Bond/stock funds will essentially always have a po...
- Mon Aug 27, 2018 8:51 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Thank you for the question. Anyone?angelescrest wrote: ↑Sun Aug 26, 2018 7:11 am Given that the OP has his money in a taxable account, does it make any sense to use two or three funds, with the bond portion in something like municipal bonds?
- Mon Aug 27, 2018 8:50 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Investing is probably one of the simplest things in the world Step #1. Go online and take an investing risk tolerance quiz, they are everywhere and they are free. Step #2. The risk tolerance quiz will tell you that what your allocation should be between stocks/bonds Ie 60%/40%. Write this down on a...
- Mon Aug 27, 2018 8:40 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
I am very sorry for your loss. What do you plan to do about health insurance until age 65? I am not an expert in Medi-Cal but I'm pretty sure you will cease to qualify if your income reaches 138% of the poverty line ( which equals $16,743 for a single in 2018). Thank you for the condolence. And oh,...
- Mon Aug 27, 2018 8:26 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
You have a lot to learn. Yield is not all the income you’re getting, it is total return that matters (yield plus price change, which can go up or down). Time to get to reading if you want to learn more. Maybe just do tax-managed balanced and be done. One fund. Or above mentioned Lifestrategy. Those...
- Sat Aug 25, 2018 3:15 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Yes, perhaps a fresh start is the way to go. Thanks again for thinking on my behalf, it's kind of you.MotoTrojan wrote: ↑Sat Aug 25, 2018 3:08 pm I will add that if you stay at Schwab you probably don't want a Vanguard fund as they'll charge with transactions, but I would wager they have similar funds. Or you can start fresh at Vanguard.
- Sat Aug 25, 2018 2:17 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
I have a Schwab account with the same balance as yours and my wife has a Vanguard account. I don't think there is much difference - in fact, I prefer Schwab. However, I did not sign up for their advisory services as I invest on my own. No AUM charges if you decide to go that route. In other words, ...
- Sat Aug 25, 2018 1:56 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
Thanks for the nudge. My father used to say that freeway signs are for people who already know where they're going, it feels like that. Good to know it's not like that for everyone, yes.
- Sat Aug 25, 2018 1:29 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
You have a lot to learn. Yield is not all the income you’re getting, it is total return that matters (yield plus price change, which can go up or down). Time to get to reading if you want to learn more. Maybe just do tax-managed balanced and be done. One fund. Or above mentioned Lifestrategy. Those...
- Fri Aug 24, 2018 11:21 pm
- Forum: Personal Investments
- Topic: How to Begin with 50,000
- Replies: 13
- Views: 1303
Re: How to Begin with 50,000
Yes, that is so true! Finding the balance is the tricky thing. I hope to be able to leave my kids a nice chunk of change when I pass too! I think all we can do is live one day at a time and hope for the best. We never know when it may be our last! :) Lucky children! I wish my parents had taught us ...
- Fri Aug 24, 2018 11:02 pm
- Forum: Personal Investments
- Topic: How to Begin with 50,000
- Replies: 13
- Views: 1303
Re: How to Begin with 50,000
Cash money foolishly spent will be worth https://www.moneyunder30.com/rate-of-return-for-retirement-planning Best of luck!. I guess "cash money spent foolishly" and "cash money spent" are two different things. You are no doubt 100% right. At the same time, my son and I so much w...
- Fri Aug 24, 2018 10:39 pm
- Forum: Personal Investments
- Topic: How to Begin with 50,000
- Replies: 13
- Views: 1303
Re: How to Begin with 50,000
This will give you more info on IRA's available at Vanguard.https://investor.vanguard.com/ira/how-to-open-an-ira Thank you, I'll let him know this is an option. Not sure every 23-year old wants to put all his money away till he's 60. And I'll be dead around that time if not sooner and he'll have my...
- Fri Aug 24, 2018 10:37 pm
- Forum: Personal Investments
- Topic: How to Begin with 1M
- Replies: 150
- Views: 24164
Re: How to Begin with 1M
You have a lot to learn. Yield is not all the income you’re getting, it is total return that matters (yield plus price change, which can go up or down). Time to get to reading if you want to learn more. Maybe just do tax-managed balanced and be done. One fund. Or above mentioned Lifestrategy. Those...