Search found 511 matches

by KingRiggs
Wed Jul 08, 2020 3:42 pm
Forum: Personal Investments
Topic: What to do with taxable account?
Replies: 15
Views: 1318

Re: What to do with taxable account?

Is there any reason not to sell the funds now? I'm thinking from a tax perspective. They will only issue me a check which I can then deposit and move to Vanguard. I don't think so. If you have unrealized losses, then there should be a tax benefit. @KingRiggs, the "long-term capital LOSS" probably s...
by KingRiggs
Wed Jul 08, 2020 3:34 pm
Forum: Personal Investments
Topic: What to do with taxable account?
Replies: 15
Views: 1318

Re: What to do with taxable account?

He set up this fund for you when you were BORN? And you're 36 now? And it has a long-term capital LOSS? After a decade-long bull market for stocks AND bonds? What in the name of holy heck is it invested in?!? Sell now and move on. Read the Bogleheads Wiki to educate yourself about appropriate invest...
by KingRiggs
Wed Jul 08, 2020 8:08 am
Forum: Personal Investments
Topic: How to invest 6,000 in a 3 fund portfolio when admiral shares have a minimal balance of 3,000?
Replies: 27
Views: 2161

Re: How to invest 6,000 in a 3 fund portfolio when admiral shares have a minimal balance of 3,000?

Brianmcg321 wrote:
Tue Jul 07, 2020 9:11 pm
With only 6k to invest I would put 100% in VTSAX. Then keep adding to it. Then once you hit $100k diversify it into the three funds.
^ +100
by KingRiggs
Mon Jul 06, 2020 4:49 pm
Forum: Personal Investments
Topic: 51 year old physician
Replies: 25
Views: 4476

Re: 51 year old physician

Physician here, as well. We spend WAY more each month than I care to, but still have more than $2500/month to invest. Do you mean in ADDITION to 401k? A full-time MD with only $2500/month to put towards retirement indicates a large monthly spend. $30k/year is not going to make you financially indepe...
by KingRiggs
Sat Jul 04, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: Barrons: The Next Trillion Dollar Stock
Replies: 22
Views: 2184

Re: Barrons: The Next Trillion Dollar Stock

The great thing is that I own VTSAX, so I already own the next trillion-dollar stock, whatever that might turn out to be!
by KingRiggs
Fri Jul 03, 2020 11:14 am
Forum: Personal Investments
Topic: To ROTH, or not to ROTH?
Replies: 11
Views: 1321

Re: To ROTH, or not to ROTH?

Senator Roth did not spell his name in all capital letters... :|
by KingRiggs
Thu Jul 02, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: Is 60/40 portfolio now dead?
Replies: 22
Views: 2278

Re: Is 60/40 portfolio now dead?

Chrono Triggered wrote:
Thu Jul 02, 2020 8:57 am
59/41 or 61/39 is all the rage these days.
I'm glad I'm at 65/35 and not 60/40...<shudder> :twisted:
by KingRiggs
Tue Jun 30, 2020 7:56 am
Forum: Personal Investments
Topic: ROTH Roll over to Vanguard
Replies: 3
Views: 238

Re: ROTH Roll over to Vanguard

Senator Roth rolls over in his grave every time someone types "ROTH"... :confused
by KingRiggs
Mon Jun 29, 2020 2:41 pm
Forum: Personal Investments
Topic: saving for private school
Replies: 10
Views: 1136

Re: saving for private school

I was fortunate that when the laws changed allowing use of the 529 for high school, I had already accumulated enough that I was certain college was taken care of. I pulled out $10k/year for the last few years of high school. To REALLY benefit from the 529, you want that time for tax-free growth to o...
by KingRiggs
Mon Jun 29, 2020 1:41 pm
Forum: Personal Investments
Topic: saving for private school
Replies: 10
Views: 1136

Re: saving for private school

Don't let "paperwork" scare you off, as there is none (unless asked to provide such by the IRS). You can pay the school directly from the 529, in which case there's not much to track. I saved each semester's invoice for our kid's private high school as a pdf file just in case. Cash-flowing is great ...
by KingRiggs
Sat Jun 20, 2020 12:28 pm
Forum: Personal Investments
Topic: Trad IRA tax calculator
Replies: 15
Views: 625

Re: Trad IRA tax calculator

I-ORP and opensocialsecurity should be all you need.
by KingRiggs
Thu Jun 18, 2020 12:48 pm
Forum: Personal Investments
Topic: Are REITS in 401k a tax problem?
Replies: 2
Views: 273

Re: Are REITS in 401k a tax problem?

ALL of the withdrawals from your 401k will be taxed as ordinary income, as it has not yet been taxed and Uncle Sam wants his share. There is no need to sell the REITs now, though. They are growing trax-free and the dividends they spin off are not being taxed as they would in a taxable account. Holdi...
by KingRiggs
Tue Jun 16, 2020 9:56 am
Forum: Personal Investments
Topic: Prior to vaccine, safeguard assets in bond index?
Replies: 20
Views: 1653

Re: Prior to vaccine, safeguard assets in bond index?

How is progress coming along for that vaccine for the common cold....
by KingRiggs
Thu Jun 11, 2020 12:35 pm
Forum: Personal Investments
Topic: Thoughts on today's sell-off?
Replies: 194
Views: 16243

Re: Thoughts on today's sell-off?

This forum is centered on "investing advice inspired by Jack Bogle." John C. Bogle, talking and writing about the stock market, frequently referenced a line from Shakespeare's Macbeth ; for example, in The Twelve Pillars of Wisdom : Pillar 12. Think Long-Term. Do not let transitory changes in stock...
by KingRiggs
Thu Jun 11, 2020 7:51 am
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 60
Views: 8282

Re: The Best High Yield Savings Account

Thanks for the reply snail. I wanted something more liquid in case we need to move on a house. With interest rates so low, now might turn into the time for us... Ally bank has a no-penalty CD which you can break any time 5 days after purchase (just forfeiting some of the accrued interest). Sounds l...
by KingRiggs
Thu Jun 11, 2020 7:50 am
Forum: Personal Investments
Topic: Vanguard Digital Advisor "algorithm change"
Replies: 57
Views: 4807

Re: Vanguard Digital Advisor "algorithm change"

2) I selected the "moderate" risk profile because the asset allocation was what I was looking for (65/35). They unilaterally changed the definition of .. One could argue that by using a roboadvisor you are moving the responsibility of choosing a proper asset allocation to the advisor. You answer qu...
by KingRiggs
Thu Jun 11, 2020 7:30 am
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 60
Views: 8282

Re: The Best High Yield Savings Account

Thanks for the reply snail. I wanted something more liquid in case we need to move on a house. With interest rates so low, now might turn into the time for us... Ally bank has a no-penalty CD which you can break any time 5 days after purchase (just forfeiting some of the accrued interest). Sounds l...
by KingRiggs
Wed Jun 10, 2020 5:07 pm
Forum: Personal Investments
Topic: Is my thinking out of line with NOT funding a 529?
Replies: 41
Views: 3034

Re: Is my thinking out of line with NOT funding a 529?

If you elect NOT to use a 529 to accumulate college funds, remember you can use it when PAYING for college - put in $5k to get the tax credit, immediately withdraw to use for qualified expenses. You are fortunate to live in a state which has a generous 529 treatment -- I'd use it!
by KingRiggs
Wed Jun 10, 2020 2:57 pm
Forum: Personal Investments
Topic: Asset allocation for Vanguard 529
Replies: 5
Views: 291

Re: Asset allocation for Vanguard 529

Those expense ratios are still dirt cheap. You'll hardly notice the difference over the kids' shorter investment horizon and with their amounts invested.

Best of luck!
by KingRiggs
Wed Jun 10, 2020 2:50 pm
Forum: Personal Investments
Topic: What other option is available besides Robinhood for newbie like me?
Replies: 11
Views: 590

Re: What other option is available besides Robinhood for newbie like me?

SleepCity wrote:
Wed Jun 10, 2020 2:43 pm
No one got rich buying index funds alone. Welcome to the markets!
A falsehood, contradicted a multitude of times over here at Bogleheads.
by KingRiggs
Mon Jun 08, 2020 8:35 am
Forum: Personal Investments
Topic: Change 529 AA?
Replies: 5
Views: 351

Re: Change 529 AA?

The answer depends to some degree on your ability/willingness to either cash-flow college tuition or have the kids take on student loans. If you have the capacity to cash-flow a decent percentage of the college costs, you could opt to remain more aggressive with the AA in hopes that growth will fill...
by KingRiggs
Fri Jun 05, 2020 11:24 pm
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 21023

Re: Markets back near all time highs - how are you feeling and path forward ?

now is a good time to re-examine your AA in regards to risk tolerance and then rebalance to that AA. remember how you felt in march before this recovery started. did you wish you had a lower stock AA? did you contemplate selling to avoid the "falling knife"? if so, now is the time to consider shift...
by KingRiggs
Thu Jun 04, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: The payoff for prestigious degree is smaller than you think
Replies: 14
Views: 1408

Re: The payoff for prestigious degree is smaller than you think

There are certain career paths where those hiring are only interested in screening applicants from a few select schools: the Ivies, Stanford, Chicago, Vandy. My son is interested in one of those fields, was smart enough to get admitted, and I am blessed to be able to afford it. No-brainer in my mind.
by KingRiggs
Tue Jun 02, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: Perspective - Dow at same point one year ago today
Replies: 10
Views: 1754

Re: Perspective - Dow at same point one year ago today

retire57 wrote:
Mon Jun 01, 2020 4:39 pm
Our portfolio is where it was in October.
That's how I've cheered myself up during this volatility -- look back and see how long it was since I held the same balance. I'm up to December 14, 2019.

I figure I was happy at that point, so why not be happy now? Stay the course!
by KingRiggs
Mon Jun 01, 2020 7:55 am
Forum: Personal Investments
Topic: How to approach a friend: a first time investor bought a single stock
Replies: 43
Views: 3112

Re: How to approach a friend: a first time investor bought a single stock

Talk about sports instead (if there WERE sports going on). Or anything besides investments for that matter. He knows your thoughts, now let it go...
by KingRiggs
Sat May 30, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Swedroe’s Bond Advice - no total bond index
Replies: 195
Views: 16939

Re: Swedroe’s Bond Advice - no total bond index

One problem with this approach is that no one can predict with certainty what their investment time horizon is, nor can they predict how much money they'll need at such a time perhaps decades later, nor do they know how much cumulation inflation to that point will impact the absurdly low yields cur...
by KingRiggs
Fri May 29, 2020 7:38 am
Forum: Personal Investments
Topic: What to do when bank CD rate is much lower than promised?
Replies: 19
Views: 1863

Re: What to do when bank CD rate is much lower than promised?

In the future, Ally supports opening a CD with a mobile deposit of a check from an established account. I transferred money from my Vanguard money market to my local brick and mortar bank (2 days to process), then submitted a photo of a check from my bank to Ally for mobile deposit (3 days for money...
by KingRiggs
Fri May 29, 2020 7:31 am
Forum: Personal Investments
Topic: [Is an Investment Policy Statement needed? How do I write one?]
Replies: 50
Views: 2003

Re: [Is an Investment Policy Statement needed? How do I write one?]

I’m afraid I’m really extremely math challenged...I still don’t understand. Is it possible to explain the 25% relative band in a different way? If a 50/50 AA ends up at 62.5/ 37.5 wouldn’t the absolute 5% band already have been hit ...what’s the point of having a relative 25% band? The "25% relativ...
by KingRiggs
Tue May 26, 2020 12:55 pm
Forum: Personal Investments
Topic: BND in taxable for college.
Replies: 2
Views: 302

Re: BND in taxable for college.

Does your state offer any tax incentive for 529 contributions? If so, it would seem that is a no-brainer. Most 529s have a conservative bond fund available, which could then grow tax-free.
by KingRiggs
Fri May 22, 2020 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Tax attorney weirdness
Replies: 40
Views: 3325

Re: Tax attorney weirdness

Get a copy of “The Over-Taxed Investor” by Phil DeMuth. Very easy read, great information.
by KingRiggs
Tue May 19, 2020 12:54 pm
Forum: Personal Consumer Issues
Topic: Sources for N95 masks
Replies: 44
Views: 3583

Re: Sources for N95 masks

Unless you're going to be engaging in an aerosol-generating procedure (do you plan to intubate your seat-mate?), an N95 is completely unnecessary. Covid-19 is spread by respiratory droplets, which are most often picked up by contact with your hands and then transported to your mouth, nose, and eyes ...
by KingRiggs
Sat May 16, 2020 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Coronavirus, 529, room and board, a different question
Replies: 9
Views: 863

Re: Coronavirus, 529, room and board, a different question

I think for the minimal amount of money you might save, you’re treading on exceedingly thin ice...

In my mind, the 529 is not intended for support of my child in my own home. I’m too lazy to look up what the IRS thinks, but I’d rather not find out the hard way.
by KingRiggs
Sat May 09, 2020 12:42 pm
Forum: Personal Investments
Topic: How to add ballast to a taxable account?
Replies: 26
Views: 2599

Re: How to add ballast to a taxable account?

I've also been making 401(k) contributions, but that's a separate matter for purposes of this question. Why? Consider your investments as one whole, regardless of where they are held. Different tax treatments of differing account types will suggest the optimal thing(s) to hold in each. Buy a vanill...
by KingRiggs
Sat May 09, 2020 8:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard App....Safe to use?
Replies: 4
Views: 458

Re: Vanguard App....Safe to use?

Unless someone cuts off your finger or forces you to log in at gunpoint, I think you’ll be ok. :wink:
by KingRiggs
Thu May 07, 2020 7:27 am
Forum: Personal Investments
Topic: Trading vs. Holding
Replies: 72
Views: 2283

Re: Trading vs. Holding

That is a really impressive track record. Could you let us know when you publish your investing newsletter so we can all subscribe? Here is your first lesson: Sell in the green. Buy when it's red. Rinse and repeat. Anybody can do this during this volatility....very easy. Dang. Wish I wasn't color-b...
by KingRiggs
Wed May 06, 2020 3:52 pm
Forum: Personal Investments
Topic: Balancing with Contributions - Asset classes, or subclasses?
Replies: 3
Views: 151

Re: Balancing with Contributions - Asset classes, or subclasses?

Contributions go into settlement fund, including any dividends. Then I manually buy whatever I wish.

I’m not that far from any of my targets, so it probably doesn’t matter much. More of an academic question, really. Agree that stock/bond ratio is primary driver of risk.
by KingRiggs
Wed May 06, 2020 1:04 pm
Forum: Personal Investments
Topic: Balancing with Contributions - Asset classes, or subclasses?
Replies: 3
Views: 151

Balancing with Contributions - Asset classes, or subclasses?

I hold a 3-fund portfolio with target allocations of: US Equity 50% Intn'l Equity 20% Bond Index 30% Stock/Bond 70/30) Through market movements, I currently stand at: US Equity 53% Intn't Equity 18% Bond 29% (Stock/Bond 71/29) This month, I have a planned contribution of approx 7k. Not enough to mak...
by KingRiggs
Tue May 05, 2020 10:59 am
Forum: Personal Investments
Topic: Trading vs. Holding
Replies: 72
Views: 2283

Re: Trading vs. Holding

That is a really impressive track record.

Could you let us know when you publish your investing newsletter so we can all subscribe?
by KingRiggs
Sun May 03, 2020 6:45 am
Forum: Personal Investments
Topic: How long is this profit sustainable as a New Trader?
Replies: 58
Views: 3518

Re: How long is this profit sustainable as a New Trader?

This thread has been the most entertaining and enlightening thread on Bogleheads for quite a while.

Best of luck, OP, on your plan and your future job!
by KingRiggs
Fri May 01, 2020 10:43 am
Forum: Personal Investments
Topic: Help rebalancing
Replies: 42
Views: 2231

Re: Help rebalancing

You really can't "start with one 401k", as your asset allocation should be considered across ALL of your retirement accounts/holdings.

For the best advice, post in the format recommended in the sticky thread at the top of the Forum.
by KingRiggs
Wed Apr 29, 2020 8:00 am
Forum: Personal Investments
Topic: Moving elderly parents' Asset Allocation
Replies: 18
Views: 1284

Re: Moving elderly parents' Asset Allocation

I’d recommend making any moves on the tax-deferred side, unless there are opportunities to tax-loss harvest in the taxable account as well. With their relative balances, you should be able to hold enough low-risk balance in the tax-deferred to meet whatever AA you decide on. At Schwab, SWAGX is the ...
by KingRiggs
Tue Apr 28, 2020 10:41 am
Forum: Personal Investments
Topic: [Looking for a risk-free asset]
Replies: 3
Views: 307

Re: Conservative Investors

CDs are not risk-free, as they may not keep pace with inflation.
by KingRiggs
Mon Apr 27, 2020 9:28 am
Forum: Personal Investments
Topic: Law School Savings Account
Replies: 15
Views: 903

Re: Law School Savings Account

Yes, we did the 529, but started many years back for kid who plans to enter LS this fall. Not sure 529 is relevant as a new option if you’re starting this fall: just keep the money in a stable account that won’t go down. $14,000 is a lot better than nothing, and good luck Above poster is suggesting...
by KingRiggs
Sun Apr 26, 2020 4:21 pm
Forum: Personal Investments
Topic: Law School Savings Account
Replies: 15
Views: 903

Re: Law School Savings Account

Does your state offer any tax incentives for contributing to a 529? If so, I'd contribute to that to capture the maximum benefit, and invest in the most secure option (stable value, savings account, etc). Depending on your state, YMMV.
by KingRiggs
Sun Apr 26, 2020 4:17 pm
Forum: Personal Investments
Topic: Add money to 529 from HELOC
Replies: 14
Views: 504

Re: Add money to 529 from HELOC

Cash flow what you can of the college costs. If there's a shortfall, the kids take a loan. If you're feeling really generous, you help them pay off the loan.

You can take a loan for college, can't do that for retirement.
by KingRiggs
Sat Apr 25, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: Bonds won't get you anywhere!
Replies: 85
Views: 9193

Re: Bonds won't get you anywhere!

Phineas J. Whoopee wrote:
Thu Apr 23, 2020 6:48 pm


Subject-line exclamation point right back atcha!

PJW
This absolutely made my day....

Also of note is that OP "lit the fuse" and walked away :P
by KingRiggs
Wed Apr 22, 2020 9:01 pm
Forum: Personal Investments
Topic: AAPL MSFT GOOG AMZN ???
Replies: 85
Views: 6762

Re: AAPL MSFT GOOG AMZN ???

Cruise line stocks are on sale right now...why not REALLY roll the dice?
by KingRiggs
Wed Apr 22, 2020 9:19 am
Forum: Personal Investments
Topic: Help choose cheaper investments? (Mom and Dad's portfolio)
Replies: 10
Views: 501

Re: Help choose cheaper investments? (Mom and Dad's portfolio)

They have accumulated $1.1M without your input. Unless they ave specifically asked for it at this point, I think they're capable of making their own decisions.

Hurt feelings and resentment lie down that road...
by KingRiggs
Sun Apr 19, 2020 9:09 pm
Forum: Personal Investments
Topic: Any attractive sign up bonuses for CDs/Savings?
Replies: 5
Views: 1109

Re: Any attractive sign up bonuses for CDs/Savings?

Ally was giving a 1% bonus on their 11-month no-penalty CD, not sure if still offering. I put in $25k at 1.75% interest plus bonus 1%. I’ll take 2.75% any time in today’s rate climate...
by KingRiggs
Sun Apr 19, 2020 1:23 pm
Forum: Personal Investments
Topic: I'm out [of the market]
Replies: 109
Views: 12048

Re: I'm out [of the market]

How much is "$1,35500.00"? If you're missing a zero and that's 1.35 million, you're good. Do whatever you want. If the comma is misplaced and that's 135K, I'd do some thinking... :sharebeer